Ottawa · Ontario

Glebe & Old Ottawa South: Heritage Homes Along the Canal

The Glebe and Old Ottawa South are Ottawa's canal-side heritage neighbourhoods — tree-lined streets of detached character homes near Lansdowne Park, the Rideau Canal, and Carleton University. This is single-family territory, so the OREB number that fits is the single-family benchmark, which stood at $698,400 in March 2026 (down 2.3% year-over-year). Demand is split between families chasing walkable, established streets and investors eyeing student rentals near campus. The modest year-over-year benchmark dip, paired with OREB's note that single-family pricing has held comparatively steady through 2026, makes this one of the steadier corners of the Ottawa market for detached buyers.

Sector professionals

Real Estate Broker Diane Allingham & Jennifer Stewart ★ 5 (89)
81 /100
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Verified Real Estate Broker in Glebe–Old Ottawa South →
Mortgage Broker Centum Bank Street Mortgage (team) ★ 4.5 (34)
77 /100
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Verified Mortgage Broker in Glebe–Old Ottawa South →
Home Inspector Chris McArthur ★ 5 (228)
83 /100
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Verified Home Inspector in Glebe–Old Ottawa South →
Real Estate Lawyer Marwah Law (team) ★ 4.9 (448)
82 /100
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Verified Real Estate Lawyer in Glebe–Old Ottawa South →
Certified Appraiser Michael Simon
64 /100
Partial
Verified Certified Appraiser in Glebe–Old Ottawa South →

Every expert is scored out of 100 — Google reviews (35), experience (30), active provincial licence (15), local presence (15), bonus (5). No placement can be bought. Our methodology

Real estate market data

Ottawa’s residential average sale price was $721,270 in May 2026, down 0.9% year-over-year; the MLS® HPI composite benchmark declined 0.6%, the market remained balanced (48.2% sales-to-new-listings, 3.0 months of supply), and apartment-style properties showed the most softness (−6.7% benchmark).

Source : Ottawa Real Estate Board (OREB) — Monthly Market Release, Ottawa CMA, May 2026 (published June 3, 2026). https://www.oreb.ca/newsroom/seasonal-activity-improves-but-ottawas-may-market-remains-cautious/

Frequently asked questions

What will I find for sale in the Glebe and Old Ottawa South?

Predominantly detached, century-and-older character homes, with some semis and a handful of low-rise condos. Because the area skews single-family, OREB's single-family benchmark of $698,400 (March 2026) is the most relevant city-wide reference point.

Does buying near Carleton make sense as an investment?

The student-rental demand near Carleton University and Old Ottawa South is a long-standing draw. OREB doesn't publish neighbourhood rent or yield data, so confirm rental rules and figures locally — but the area's steady single-family pricing is a point in its favour.

Is the detached market here volatile right now?

Less than most. OREB has described single-family pricing as comparatively stable through early 2026, with the benchmark off just 2.3% year-over-year in March — a milder move than the apartment segment's 4.4% decline.

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