Stittsville has fewest million dollar homes in Ottawa

Breakdown of property assessment values by ward, according to the Ontario’s Municipal Property Assessment Corp. Data via the Ottawa Citizen.
Breakdown of property assessment values by ward, according to the Ontario’s Municipal Property Assessment Corp. Data via the Ottawa Citizen.

 

The Ottawa Citizen published data from Ontario’s Property Assessment Corp. (MPAC) showing a steep rise in the number of million dollar homes in Ottawa over the past few years.

What’s interesting from a Stittsville perspective is that not only are we the ward with the fewest million-dollar home assessments, we’re also the only ward where the number has gone down.  We dropped from four homes with property valued at over $1-million in 2012, to two in 2015. (Although property assessment values are often lower than what homes actually sell for.)

That’s not to say housing is cheap in Stittsville.  The average selling price of re-sale homes in the first part of this year was closing in on  half a million dollars.


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We found several homes listed on MLS for sale over $700,000 in the south west area of Stittsville.  There’s a home on Rockson Crescent in West Ridge listed at $949,000, and one on Trechelle Private (off Stittsville Main) at $899,000.

There are also several homes listed at over $1-million just beyond Stittsville Ward in West-Carleton, on roads such as Fernbank, Kimini, and Forestgrove.

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