Steady As She Goes Part3

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.

The five Recession Proof Hoods:

The Glebe

TODAY’S FEATURED NEIGHBOURHOOD: New Edinburgh
Why:
Because New Edinburgh has it all, plus houses cachet. Architecturally speaking, much of Ottawa’s history is here. Once modest 19th-century houses sell for half a million and up. Way up. The neighbourhood has far more character than its much pricier neighbor, Rockcliffe, plus top private schools close by, quality shops along Beechwood Avenue, and superb parks along the river and around Rideau Hall. New Edinburgh is equally attractive to young and old. And it’s just a good walk to the Byward Market. Property is priciest on the Rideau Hall side of Dufferin Street. There, the average sale price shot up 27.6 per cent last year to $593,684. Between Dufferin and Beechwood, the average house price has increased 8.1 per cent to$450,677.

Rockcliffe Park

Rothwell Heights

Westboro