Ottawa’s luxury housing market is on the rise, with an abundance of homes and condos in the $1-million-and-above range found in neighbourhoods all across the city, a far cry from the days when the city’s most luxurious homes were concentrated in prestigious Rockcliffe Park.
And the City of Ottawa and Ontario’s Municipal Property Assessment Corp. recently reported the number of residential properties assessed at more than $1 million has risen to 2,697 in 2015 from 402 in 2006.
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