Kanata Lakes-Marchwood Lakeside-Morgan's Grant-Kanata N Business Park, Ottawa - October 2026 Real Estate Report
Kanata Lakes Is Still Holding Its Own - Here Is What Your Home Is Actually Worth Right Now
The Vibe: What Is Happening in Our Corner of Ottawa
If you have been watching the "For Sale" signs around Kanata Lakes, Marchwood Lakeside, and Morgan's Grant lately, here is the honest picture. The market is taking a breather - but do not confuse a breather with a collapse. This neighbourhood is still punching well above its weight in Ottawa.
Let us break it down by property type, because houses and condos are telling two very different stories right now.
Houses: Still a Sellers' Game
The one house that sold recently went for $1,400,000 - and it sold at 107.78% of list price. That means the buyer paid above asking. It also sat on the market for just 6 days. Six days. That is not a slow market. That is a market where serious buyers are moving fast.
- Average sale price: $1,400,000
- Average listing price this month: $1,299,000
- Price per square foot: $350
- Average days on market: 6
- Sale-to-list ratio: 107.78% - buyers paid over asking
- Days-on-market rank: 2 out of 21 neighbourhoods in Ottawa - one of the fastest-selling areas in the city
- Price rank: 7 out of 29 - we are in the top tier for home values in Ottawa
The HonestDoor Price for houses sits at $871,831 right now, up from the 3-month moving average of $866,770. Values have nudged up 1.26% recently. On the neighbourhood leaderboard, houses here rank 49 out of 99 for growth - right in the above-average zone. Not the flashiest number, but steady and solid.
Rental income potential is real too. Estimated rent comes in at $3,801 per month, with a rental yield of 4.95%. That is a respectable return if you are thinking about this as an investment property.
Condos: Cooling Off a Touch, But Still Competitive
Condos are a slightly different story. The HonestDoor Price for condos is $477,363, and it is dipping slightly compared to the 3-month moving average of $480,911. Values are up 0.54% recently, which is modest. On the neighbourhood leaderboard, condos rank 34 out of 104 in Ottawa for growth - still above average, just not leading the pack right now.
- HonestDoor Price for condos: $477,363
- 3-month moving average: $480,911 - trending slightly down
- Estimated monthly rent: $2,409
- Rental yield: 3.88%
- Growth rank: 34 out of 104 Ottawa neighbourhoods - above average
- Airbnb rank in Ottawa: 32nd - decent short-term rental potential
Compared to nearby neighbourhoods, condos here are priced well above Beaverbrook ($331,460) and Katimavik-Hazeldean ($347,728). Crystal Bay-Lakeview Park is the outlier at $901,157 - that is a different price bracket entirely. For what we offer in Kanata Lakes, the condo value still holds up well against the competition.
The Secret Sauce: Why You Should Check Your HonestDoor Price Today - Not Next Tax Season
Here is the thing about your city assessment. It is a snapshot from the past. The city looks at sale data from a set reference date, runs its numbers, and mails you a piece of paper. By the time it lands in your mailbox, the market has already moved on.
The HonestDoor Price is updated in real time. It pulls from actual current sales, listing activity, and neighbourhood trends - not data that is 12 to 24 months old. Right now, the average HonestDoor Price for houses in Kanata Lakes is $854,204. For condos, it is $467,330. Those numbers reflect what is happening on the street today, not what happened last year.
If your city assessment is sitting significantly below those figures, you might be leaving money on the table when you price your home. If it is sitting above, you want to know that before you list. Either way, the HonestDoor Price is your real-world check before you make any big decisions.
The "So What?" - Should You Sell This Summer?
If you own a house in Kanata Lakes and you have been on the fence about selling, the data is nudging you toward action. Homes are selling in 6 days and going over asking price. Buyers are competing. That is the definition of a sellers' market, and summer typically brings more buyers into the mix - families wanting to move before the school year starts.
For condo owners, the picture is still positive but worth watching. Values are holding above average for Ottawa, but the slight dip from the 3-month moving average is worth keeping an eye on. If you are thinking about selling, sooner rather than later makes sense while the market is still in your favour.
Bottom line - whether you own a house or a condo here, pull up your HonestDoor Price before you do anything else. It takes 30 seconds and gives you a number that is actually current. That is the starting point for any smart move this summer.
kanata lakes-marchwood lakeside-morgans grant-kanata n business park | ottawa | october 2026This 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.