Wellington Village, Ottawa - September 2026 Real Estate Report

Wellington Village Real Estate Update: Houses Are Holding Strong, But Condos Are Telling a Different Story

If you live on one of those tree-lined streets between Island Park and Holland Avenue, here is what is actually happening with your home's value right now. No fluff, no spin - just the numbers and what they mean for your wallet.

The Vibe: Houses vs. Condos in Wellington Village

We are seeing two very different markets playing out in our neighbourhood right now, and it matters a lot depending on what you own.

Houses: This is where Wellington Village is genuinely punching above its weight. The average HonestDoor Price for a house here sits at $1,335,350, up 1.41% from last period. The predicted market value is $1,316,733, and that number is climbing - it is up from the 3-month moving average of $1,294,315. That upward trend is not an accident. It reflects real demand in a neighbourhood where detached homes do not come up often.

• Average HonestDoor Price (Houses): $1,335,350 - up 1.41%
• Average sale price: $1,685,000
• Price per square foot: $636
• Predicted market value: $1,316,733
• 3-month moving average: $1,294,315
• Recent value change: up 2.70%
• Rental estimate: $5,094 per month
• Rental yield: 4.32%
• Airbnb potential: $253 per night - ranked 6th in all of Ottawa

That growth rank is worth pausing on. Wellington Village houses rank 3rd out of 98 comparable neighbourhoods in Ottawa for growth. That puts us in the top 3% of the city. On price, we rank 5th out of 27 higher-end neighbourhoods. We are not just expensive - we are one of the fastest-appreciating pockets in the entire city right now.

Condos: This is where we need to be honest. The condo market here is taking a breather. The average HonestDoor Price for condos has dipped 3.11% to $462,308, and the predicted market value of $477,153 is actually trending down from the 3-month moving average of $485,167. The recent value change is -1.13%, and the growth rank sits at 51st out of 103 neighbourhoods - squarely middle of the pack.

• Average HonestDoor Price (Condos): $462,308 - down 3.11%
• Predicted market value: $477,153
• 3-month moving average: $485,167
• Recent value change: -1.13%
• Rental estimate: $2,332 per month
• Rental yield: 3.88%
• Airbnb potential: $116 per night - ranked 37th in Ottawa
• Growth rank: 51st out of 103 neighbourhoods

Condo owners should also note that nearby Hintonburg-Mechanicsville is pricing higher at $530,714 on a predicted basis. That gap is worth watching.

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

Here is the thing about your city assessment - it is a snapshot from the past. The City of Ottawa is not updating your assessed value in real time. That number can lag the actual market by a year or more, sometimes longer.

The HonestDoor Price is a live, data-driven estimate that moves with the market. For house owners in Wellington Village, that means your HonestDoor Price is already capturing that 2.70% recent growth and the upward momentum in the 3-month trend. Your tax assessment almost certainly is not.

Why does that matter? Because if you are making any decision - refinancing, selling, buying out a partner, or just figuring out where you stand - you want the real-world number, not a government figure that was calculated when the market looked completely different. Check your HonestDoor Price now. It is the most accurate read you have without paying for a full appraisal.

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

If you own a house in Wellington Village and you have been on the fence about listing this summer, the data is giving you a clear signal. Prices are moving up, not down. A 3rd-place growth ranking out of 98 Ottawa neighbourhoods means buyers are paying attention to this area. With only 1 house selling in the tracked period, supply is tight - and tight supply with steady demand is exactly the condition that keeps prices firm.

The $636 per square foot average also tells you buyers are not getting cold feet on price. If your home is well-maintained and priced using a current HonestDoor Price rather than a stale assessment, you are in a strong position heading into the summer market.

If you own a condo here, the calculus is different. Values are softening slightly, and the trend line is pointing down over the last three months. That does not mean panic - a 3.88% rental yield means holding still makes sense if you are not in a rush. But if you were already thinking about selling, sooner is probably better than later while prices are still above the $460,000 range.

Bottom line: Wellington Village is one of the best-performing house markets in Ottawa right now. Condos need a little patience. Either way, pull your HonestDoor Price before you make any move - it is the only number that is actually keeping up with this market.

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.