Updated: April 2025  |  bremo.io financial guides

Ottawa Riverside South Real Estate Guide 2025

Riverside South is Ottawa's fastest-growing suburban community in the south end, now served by the LRT Stage 2 extension. It's attracting young families and first-time buyers with newer construction, good schools, and the Rideau River path network.

Riverside South Housing

New construction townhomes and detached homes are the dominant housing type. Prices run $550,000–$750,000 for townhomes and $700,000–$900,000 for detached. The LRT connection has significantly improved commutes to downtown Ottawa and increased property values.

Ontario Land Transfer Tax for Ottawa Buyers

Ottawa has NO municipal land transfer tax — you only pay the Ontario provincial LTT:

• 0.5% on the first $55,000
• 1.0% on $55,001 to $250,000
• 1.5% on $250,001 to $400,000
• 2.0% on $400,001 to $2,000,000
• 2.5% above $2,000,000

First-time home buyers in Ontario receive a rebate of up to $4,000 on the provincial LTT.

Buying in Riverside South: Key Considerations

Every Ottawa neighbourhood has unique characteristics that matter to buyers. Work with a local Ottawa REALTOR who knows the specific street-by-street dynamics of Riverside South. Ottawa's market has a strong government employment base providing year-round stability, and the LRT expansion has reshaped neighbourhood premiums across the city.

• Budget $20,000–$40,000 for closing costs including LTT, legal fees, inspection
• Ontario New Home Warranty (Tarion) applies to new construction
• Condo status certificate review is mandatory for condo purchases
• Heritage designations are common in Ottawa's inner city — understand restrictions