Market Snapshot Glebe:

• 2016 Approximate average house sales price is $796,535. Average condo sales price is $531,740.

The Glebe is a neighbourhood in Ottawa located just south of Ottawa’s downtown area. It is bounded by the Rideau Canal to the south and east. The stretch of Bank Street that runs through the Glebe is one of Ottawa’s premier shopping areas, with many small stores and restaurants offering a wide variety of services. Much of the rest of the Glebe consists of detached homes, many of them constructed in the early decades of the 20th century. Some of these homes are owner-occupied family residences, while others have been subdivided into multiple rental apartments.