Fitzroy, Ottawa - August 2026 Real Estate Report

Fitzroy Real Estate Right Now: Your Neighbour Isn't Telling You This

If you own a home in Fitzroy and you're still relying on your last city assessment to know what your place is worth, you're flying blind. The market has moved. Here's the real picture.

The Vibe: What's Actually Happening in Fitzroy

Let's split this into two stories, because houses and condos are telling very different ones right now.

Houses in Fitzroy

Our houses are holding strong. The average HonestDoor Price sits at $748,995, up 1.54% from the previous period. The predicted market value is $737,641, and that number is trending upward - it's already climbing past the 3-month moving average of $735,510. That's a quiet but steady signal that demand isn't going anywhere fast.

• Average HonestDoor Price: $748,995
• Predicted Market Value: $737,641
• 3-Month Moving Average: $735,510
• Recent Value Change: -0.34% (a minor blip, not a trend)
• Average Rental Estimate: $3,466 per month
• Rental Yield: 5.18% - that's a strong return
• Airbnb Estimate: $172 per night
• Neighbourhood Growth Rank: 28 out of 100 in Ottawa - above average

That 5.18% rental yield is worth pausing on. In a market where a lot of Ottawa neighbourhoods are seeing yields compress, Fitzroy houses are still generating real income for landlords and investors. And ranking 28th for growth puts us solidly in the upper tier of Ottawa neighbourhoods - not flashy, but dependable.

How do we compare to the neighbours? Constance Bay houses are cheaper at $720,525. Kinburn is slightly pricier at $781,583. Galetta comes in at $741,180. Fitzroy sits right in the middle of that pack - not the bargain bin, not the premium outlier.

Condos in Fitzroy

The condo picture is more complicated. The average HonestDoor Price is $736,203 - and yes, that 128.03% jump from the previous period is a massive number. Treat it as a data anomaly likely driven by a small sample size, not a sign that condo values doubled overnight.

The more grounded number to watch is the predicted market value of $322,853, which is inching up from a 3-month moving average of $317,004. But the recent value change of -5.11% is a real flag. Fitzroy condos rank 90th out of 104 comparable neighbourhoods in Ottawa for growth. That puts us near the bottom of the leaderboard on this one.

• Average HonestDoor Price: $736,203
• Predicted Market Value: $322,853
• 3-Month Moving Average: $317,004
• Recent Value Change: -5.11%
• Average Rental Estimate: $3,448 per month
• Rental Yield: 4.16% - moderate
• Airbnb Estimate: $171 per night
• Neighbourhood Growth Rank: 90 out of 104 in Ottawa - bottom performers

For context, nearby Constance Bay condos are predicted at $309,073 and Kinburn at $333,433. Fitzroy condos land between those two. If you own a condo here, this is not a panic moment - but it is a "pay attention" moment.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing about city assessments - they're snapshots from the past. Ottawa's property assessments can lag real market conditions by years. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather and looking out the window right now.

For Fitzroy house owners, the HonestDoor Price of $748,995 is the number a buyer's agent is going to be working from. If you're still anchored to an old assessment that says something different, you could be leaving money on the table - or pricing yourself out of a deal before it even starts.

Check your HonestDoor Price now. It takes two minutes and it's free. That number is your real-world anchor in a market that doesn't wait for the city to catch up.

The So What - Thinking About Selling This Summer?

If you own a house in Fitzroy, the timing is reasonable. Values are stable, the growth rank is above average, and rental demand is strong enough that buyers with investment intentions are still circling. A -0.34% recent dip is noise, not a warning siren. Summer listings in this price range tend to attract buyers who've already been priced out of closer-in Ottawa neighbourhoods - and Fitzroy is on that radar.

If you own a condo in Fitzroy, be honest with yourself about the -5.11% recent shift and that bottom-tier growth ranking. That doesn't mean you can't sell - it means you need to price sharp and present well. An overpriced condo in a softening segment sits. A well-priced one moves.

Either way, the first step is the same - pull your HonestDoor Price, compare it to what you paid, and have a real conversation about what the numbers actually say. No fluff, no guesswork. Just the current market, straight up.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.