Katimavik - Hazeldean, Ottawa - July 2026 Real Estate Report

Katimavik - Hazeldean Real Talk: Houses Are Holding, But Condos Are Having a Rough One

The Vibe Right Now

If you've been watching the "For Sale" signs in Katimavik - Hazeldean, here's what's actually happening - and it depends a lot on what type of home you own.

We're looking at two very different stories on the same streets right now. Houses are doing their thing quietly and steadily. Condos? They're taking a real breather. Let's break it down.

Houses: Steady as She Goes

The average HonestDoor Price for a house in Katimavik - Hazeldean sits at $605,316 - down just 1.70% from the previous period. That's not a crash. That's a market catching its breath. The predicted value is actually nudging up to $615,781, which is above the 3-month moving average of $614,363. So the short-term signal is pointing in the right direction.

For landlords or anyone thinking about renting out, the numbers are genuinely solid. Estimated rent comes in at $2,923 per month with a rental yield of 5.41%. That's a strong return - not "maybe it'll work out" territory, but real, bankable income potential.

• Average HonestDoor Price (Houses): $605,316
• Short-term price change: -1.70%
• Predicted market value: $615,781
• 3-month moving average: $614,363
• Estimated monthly rent: $2,923
• Rental yield: 5.41%
• Airbnb estimate: $145 per night
• Neighbourhood growth rank: 66 out of 102 in Ottawa (below average)

On the neighbourhood leaderboard, houses here rank 66 out of 102 Ottawa neighbourhoods for growth. That puts us in the lower half - not last, but not leading the pack either. Our neighbours in Beaverbrook ($734,628) and Bridlewood - Emerald Meadows ($735,148) are running ahead on price. That gap is worth knowing if you're thinking about your next move.

Condos: Time to Pay Attention

This is where we need to be straight with each other. Condo values in Katimavik - Hazeldean are under real pressure right now. The average HonestDoor Price is $447,539 - up 9.82% from the previous period on paper - but the predicted market value has dropped to $407,509, which is well below the 3-month moving average of $428,674. That's a -9.73% recent change. That's not a blip.

On the Ottawa condo leaderboard, we rank 101 out of 104 neighbourhoods for growth. That's bottom-of-the-pack territory, and condo owners here need to know that number.

• Average HonestDoor Price (Condos): $447,539
• Short-term price change: +9.82% (previous period)
• Predicted market value: $407,509
• 3-month moving average: $428,674
• Recent value change: -9.73%
• Estimated monthly rent: $2,298
• Rental yield: 4.00%
• Airbnb estimate: $114 per night
• Neighbourhood growth rank: 101 out of 104 in Ottawa (bottom performers)

The rental yield on condos is 4.00% - moderate, not exciting. Nearby condos in Beaverbrook ($363,614) and Glen Cairn ($335,062) are actually cheaper, which means buyers have options. That matters if you're trying to sell.

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

Here's the thing most homeowners in Katimavik - Hazeldean don't realize. Your city tax assessment is a snapshot from the past. It doesn't know what happened to condo prices last quarter. It doesn't track the gap between your street and Bridlewood. It's basically a photo from a few years ago being used to describe what you look like today.

The HonestDoor Price is updated in real time. It's pulling in actual market signals - recent sales, price trends, rental data - and giving you a number that reflects the market as it is right now, not as it was. For condo owners especially, that difference between $447,539 (HonestDoor Price) and $407,509 (predicted value) is a conversation worth having before you list, not after.

Checking your HonestDoor Price costs nothing. Mispricing your home costs a lot.

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

If you own a house in Katimavik - Hazeldean and you're thinking about selling this summer, the window is reasonable. Values are stable, the predicted price is trending slightly up, and a 5.41% rental yield means buyers who are on the fence about purchasing vs. renting will see the math. Price it right and you have a real shot.

If you own a condo, this summer requires a sharper strategy. A -9.73% recent value change and a bottom-5 growth ranking in Ottawa means buyers have leverage right now. That doesn't mean you can't sell - it means you need to be priced accurately from day one. Overpricing a condo in this market and then chasing it down with reductions is the worst outcome. Get your HonestDoor Price, understand where you actually sit, and make a decision based on real numbers.

Either way - house or condo - the smartest first step is the same. Know your number before anyone else does.

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.