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Homes of Ottawa

Ottawa is the capital city of Canada and the second largest city in the province of Ontario. Chosen by Queen Victoria herself as the country's capital this highly political city is considered one of the most beautiful G8 cities in the world. Ottawa lies on the banks of the Ottawa River - a waterway that forms a natural boundary between Ontario and Quebec. It has a significant Francophone population and boasts the most educated workforce in Canada. It has a humid, continental climate with a wide range of temperatures. Ottawa with its many federal buildings and agencies, its museums and its gorgeous scenery is a perfect marriage between urban sophistication and rural charm.

Key Features of Ottawa Real Estate

  • One of the most beautiful G8 cities in the world
  • Attractive walks and activities found along famed Rideau Canal
  • Primary employer is the federal government
  • Highest educated workforce in Canada
  • Among the world's top five sites for research and development
  • 18th out of 200 cities worldwide for best quality of life

 

Demographics ofOttawa

Although the city proper has a population of 859 704 inhabitants, the numbers of the city and the outlying regions peg the total population at 1 148 785 inhabitants, including those new relocatees in Canada.

Lifestyle of Ottawa

By the sheer mandate of its existence as Canada's capital city, Ottawa has become one of the country's most refined places to live or visit. It is home to many of the nation's greatest museums, memorials and heritage structures; it houses a good number of federal buildings as well as international embassies and has an extensive greenbelt around its urban area that is used for conservation and leisure. This greenbelt is comprised of forest, farmland and marsh land and gives the city a scenic vista in almost every direction. Ottawa represents a superb mix of urban life and country charm.

Economy of Ottawa

As the seat of the Canadian government, it is natural that it should be Ottawa's primary employer. Along with the government Ottawa is also a virtual tech hub. In fact, its IT industry is so celebrated that it is often referred to as the Silicon Valley North. However, along with the tech industry, Ottawa also has several large companies headquartered there including ING Direct, Clarica Management, Dell, MBNA Canada and MD Management.

Transportation in Ottawa

The city is accessed easily via train, air or car. Getting around in Ottawa is simple using its extensive bike paths or its public transit system which includes buses and a light rail system.

History of Ottawa

Before the first Europeans arrived the area was home to the Algonquin tribe of First Nations People. The first settlement in the region was started by Philemon Wright in 1800 and the area exploded with activity and prosperity - all based around the timber trade. After the War of 1812 the government sponsored immigration to the area in order to create a permanent settlement.

Property Market - Buy a house in Ottawa

Ottawa has benefitted from the overall surge in property prices that all Canadian cities have experienced to some degree or the other. Like most cities in Ontario, the Ottawa property market is still hot and does not show signs of slowing anytime soon. However, the homes for sale in the province are still far more affordable than in other parts of the province. Consider a real estate broker in Canada for buying home in Canada

Average House Price: $277 335 (April 2007)