Are you on the hunt for a new home in Ottawa? As you begin your search, you'll quickly discover that there are a variety of different property types and styles available. To help you narrow down your options and find the perfect place to call home, here's a breakdown of the different classifications.
Residential: This property class includes a wide range of housing types, including detached and semi-detached homes, multi-unit buildings like townhouses or apartments, and duplexes or doubles. The key feature of residential properties is that the owner holds freehold title to both the dwelling unit and the accompanying block of land.
Condominium: This property class includes any type of property, regardless of style, that is registered as a condominium. This can include everything from detached homes to apartments to co-operatives, life leases, and timeshares.
Lot: A piece of property without any buildings or structures on it, typically sold for its land value only.
Commercial: This property class is intended for buildings or land that will be used to operate a business enterprise or generate a profit through capital gains or rental income.
Multi-Family (Residential): This type of property includes doubles, duplexes, triplexes, and fourplexes. Properties with five or more units are classified under the commercial property class.
Farm: A farm, ranch, or agribusiness.
Rental: Any property that is available for rent.
Detached: A single dwelling unit standing alone on its own separately titled block of land.
Row Unit: One dwelling unit of a group of three or more attached, self-contained dwelling units of similar design and size. Each unit has its own separate title.
Semi-Detached: One of a pair of self-contained dwelling units, attached by a common wall but detached from other buildings. Each unit has its own separate title.
Apartment: One unit of a complex of self-contained units located within a low, mid, or high-rise building, offering common areas such as hallways, parking lots, stairwells, etc.
Stacked: One unit in a complex containing individual residences stacked on top of each other like apartments, but all contained in a single structure resembling traditional row houses. Units are often multi-level. Each unit has its own separate entrance and title.
One Level (1LEVEL): An apartment with all rooms on one level.
1 ½ Storey (1.5STY): A single-family dwelling with two levels above grade, with the upper level full height at the centre peak but dramatically sloping to a shorter height along the outer walls.
2 Storey (2STOREY): A single-family dwelling with two levels above grade.
3 Storey (3STOREY): A single-family dwelling with three levels above grade.
Bungalow (BUNGLOW): A single-family dwelling with one level above grade.
Double Side by Side (DBL-SXS): A building consisting of two dwelling units beside one another, under a single ownership (one legal description). It looks like a semi-detached.
Duplex-Up/Down (DUP-UD): A building consisting of two dwelling units, one above the other, under a single ownership (one legal description).
Hi Ranch (HIRANCH): A single-family dwelling with one level above grade and the basement level elevated partially above grade, with the entry located halfway between the basement level and the main level.
Mobile (MOBIL): A trailer or other movable structure used as a permanent residence, usually connected to utilities. Land may be leased.
Split Level (SPLIT): A single-family dwelling with multiple levels above grade, separated by small flights of stairs.
Other (OTHER): Any other dwelling type not detailed here
Now that you have a better understanding of the various property types and styles in Ottawa, you can begin your search for your dream home. Whether you're looking for a detached house, a townhouse, a condo, or any other type of property, we has you covered. Don't hesitate to get in touch with a real estate agent to guide you through the process and help you find your perfect home. Start your search today and take the first step towards finding your dream property in Ottawa!