Steady As She Goes

Why these five neighborhoods made it through the recession with flying colours and why everyone should keep a close eye on these hot Ottawa areas. I will be highlighting a new neighbourhood each day so keep posted!

The Five Recession Proof Hoods:

The Glebe

New Edinburgh

Rockcliffe Park

Rothwell Heights

TODAY’S FEATURED NEIGHBOURHOOD: WESTBORO

Why:

Because it seems that every young, upwardly mobile family that’s not already settled in the Glebe has its sights firmly set on Westboro. It’s chic to shop, hang out, and be seen along Richmond Road near the Newport restaurant. (Less chic, perhaps to be seen inside.) A real estate agent operating in this area, says demand is so high that many are moving farther west to hot spots McKellar Park and Highland Park, where average house sale price last year soared 19 per cent to $544,381. Real estate statisticians lump those two neighbourhoods together. Those are even higher prices than in Westboro itself, where average sale prices last year were still below $500,000.