Market Snapshot Byward Market/Lowertown
- 2017 Approximate average house sales price is $466,981. Average condo sales price is $374,123.
The ByWard Market is a four block area around the market provides the most dense concentration of eating places, bars and nightclubs in the National Capital Region. The areas beyond this zone also offer boutiques and restaurants in abundance. This is Canada’s oldest continuously operating farmers’ market. Ottawa residents and tourists continue to gather in the area to purchase vegetables and groceries, as well as, to enjoy the colourful vendors and street entertainment. Recently, a multitude of restaurants and specialty food stores have sprouted around the market area, making this neighbourhood one of the liveliest in Ottawa outside of normal business hours.
Lowertown is a neighbourhood in Rideau-Vanier Ward in central Ottawa to the east of downtown. It is the oldest part of the city. The layout of the modern Lowertown dates back to the Post-War era when a renewal and an improvement plan was initiated in an attempt to accommodate the growing population by giving Ottawa’s downtown a more practical layout. The neighbourhood has drastically changed over the last 50 years when the city decided it was ripe for urban renewal.