Fitzroy, Ottawa - September 2026 Real Estate Report

Fitzroy, Ottawa: Your Neighbours Are Watching Their Home Values Climb - Are You?

The Vibe Right Now

If you live in Fitzroy and you haven't checked your home's value lately, you're probably leaving money on the table. The market here isn't flashy, but it's steady - and steady wins the race when you're talking about one of your biggest assets.

Here's the split between what's happening with houses versus condos, because the two stories are very different right now.

Houses in Fitzroy - Slow, Steady, and Moving Up

The average HonestDoor Price for a house in Fitzroy sits at $767,115, up 2.43% from the previous period. That's not a headline-grabbing number, but it means the average homeowner here has seen real dollar gains without doing a single thing. On the predicted value side, houses are tracking at $748,926 - up from a 3-month moving average of $742,208, so the momentum is pointing in the right direction.

On the neighbourhood leaderboard, Fitzroy houses rank 11th out of 98 neighbourhoods in Ottawa for growth. That puts us comfortably in the top 12% of the city. Not bad for a community that doesn't get nearly as much attention as it deserves.

• Average HonestDoor Price (Houses): $767,115
• Recent price change: +2.43%
• Predicted market value: $748,926
• 3-month moving average: $742,208 (and rising)
• Estimated monthly rent: $3,466
• Rental yield: 5.16% - that's a strong return
• Growth rank: 11 out of 98 Ottawa neighbourhoods

That 5.16% rental yield is worth pausing on. If you're a landlord or thinking about becoming one, that number signals that Fitzroy houses are pulling their weight as income properties. The rent estimate of $3,466 per month backs that up.

How does Fitzroy stack up against the neighbours? We're priced slightly above Constance Bay ($754,637) and nearly neck-and-neck with Kinburn ($769,795). We're holding our own in a competitive pocket of Ottawa's west end.

Condos in Fitzroy - A Wild Swing Worth Understanding

The condo picture is more complicated, and we want to be straight with you about it. The average HonestDoor Price for a condo is $291,528, which reflects a 60.40% decrease from the previous period. That's a significant move, and it likely reflects a shift in the mix of condo units being tracked rather than a freefall in what your unit is actually worth.

Here's the counterpoint: the predicted market value for condos comes in at $736,203, with a recent change of +128.03%. Condos in Fitzroy rank 5th out of 103 Ottawa neighbourhoods for growth - putting us in the top 5% of the entire city. That's a top-of-the-leaderboard result.

• Average HonestDoor Price (Condos): $291,528
• Predicted market value: $736,203
• Recent predicted value change: +128.03%
• Estimated monthly rent: $3,448
• Rental yield: 3.37% - moderate but workable
• Growth rank: 5 out of 103 Ottawa neighbourhoods

The gap between the HonestDoor average price and the predicted value here is wide, which tells us the condo segment in Fitzroy is in flux. If you own a condo here, this is exactly the moment to get a current HonestDoor Price on your specific unit - not a category average, and definitely not last year's tax assessment.

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

Here's the thing about your city assessment: it's a snapshot from the past. The City of Ottawa updates assessments on a cycle, which means the number on your property tax bill could be reflecting a market that existed a year or two ago - not the one we're living in right now.

The HonestDoor Price is a real-world check. It pulls from current sales data and updates continuously, so when the Fitzroy house market moves up 2.43% in a period, that shows up in your HonestDoor Price right away. Your tax assessment? It's still catching up.

For Fitzroy homeowners specifically, this gap matters. If you're making decisions about selling, refinancing, or even just understanding your net worth, you want the number that reflects today - not a government estimate that's running behind the market.

The "So What?" - Thinking About Selling This Summer?

If you've been sitting on the fence about listing your Fitzroy home this summer, here's the honest read on the situation.

Houses are appreciating, rental demand is strong, and we're outranking the majority of Ottawa neighbourhoods in growth. Buyers looking for value in Ottawa's west end are comparing Fitzroy against Constance Bay and Kinburn - and right now, we're competitive on price while offering more upside. That's a good story to tell a buyer.

The Airbnb angle is also worth a mention. At an estimated $175 per night for houses, short-term rental income is a real conversation point for buyers who want flexibility. Fitzroy ranks 60th in Ottawa for Airbnb potential - middle of the pack, but not irrelevant.

The bottom line for sellers: the market isn't screaming hot, but it's not taking a breather either. Values are moving up, the data is on your side, and waiting for your next tax assessment to tell you what your home is worth is the slowest way to make a smart decision. Pull your HonestDoor Price today, see where you actually stand, and then decide.

That's the Fitzroy market right now - no spin, just the numbers.

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.