Real Estate for Rent in Queensway Terrace South/Ridgeview, Ottawa, ON

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Neighbourhood in Ottawa

Queensway Terrace South/Ridgeview

family-friendly suburban community-oriented

Queensway Terrace South/Ridgeview is a quiet neighbourhood in Ottawa, ideal for families and professionals. It offers a mix of residential homes and condos, with good access to local amenities.

Family-friendly atmosphere Good schools Nearby parks Close to public transit Diverse community

At a glance

Photo of Unit 16, 1250 Mcwatters Road N
For Rent
Listed for:

Listed 15 days ago

$2,200

Unit 16, 1250 Mcwatters Road N

Ottawa (Queensway Terrace South/Ridgeview), ON K2C 3P5

3Bedrooms
1Bathroom
1Parking
900-999Sq Ft

Condo TownhouseFor Rent

Day to dayLivability

5.3

Schools near listings

out of 10 · averaged over 139 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$749,900

15% above Ottawa 4% above Ontario

In Queensway Terrace South/Ridgeview

$749,900

In Ottawa

$649,900

In Ontario

$719,900

Median monthly rent

$2,200/mo

14% below Ottawa 12% below Ontario

In Queensway Terrace South/Ridgeview

$2,200

In Ottawa

$2,550

In Ontario

$2,500

≈ 28.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

3

Median $749,900

Houses 2 · Condos 1

For rent

1

Median $2,200

Condos 1

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-08. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Strong school ratings
  • Low crime rates
  • Community parks and playgrounds
  • Diverse housing options

Keep in mind

  • Prices are above city median
  • Limited dining options
  • Fewer grocery stores

The feel of the placeLifestyle

Residents enjoy a suburban lifestyle with access to parks and schools. The area is peaceful, making it suitable for families and those seeking a calm environment.

Great for families first-time buyers professionals

Within the boundaryWhat's nearby

The boundary

0.8 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

3

Parks

8

Playgrounds

1

Cafés

2

Pharmacies

Counted across all 0.8 km² of Queensway Terrace South/Ridgeview. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

4.4/10

Average rating of the 2 rated schools in this area

2

Elementary

  • Our Lady of Victory Elementary School

    Independent · Grades JK–6 · Ottawa CDSB

    5.2/106.0 over 5 yrs

    2,081st of 3,045 Ontario elementary schools

    225 students · EQAO 2024-2025

  • Pinecrest Public School

    Public · Grades JK–8 · Ottawa-Carleton DSB

    3.5/103.6 over 5 yrs

    2,726th of 3,045 Ontario elementary schools

    435 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Queensway Terrace South/Ridgeview, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

2,647

Population (2021)

0.7 km²

Area

3,639

People per km²

44

Median age

$93,215

Median income

48%

Own their home

2.2

People per household

1,210

Households

Every age

  • Children (under 15)11.9%
  • Working age (15–64)68.9%
  • Seniors (65+)19.2%

What is built here

  • Detached houses52.7%
  • Duplexes1.2%
  • Low-rise apartments2.5%
  • High-rise apartments43.2%

Own or rent

48%Owners

50%Renters

Across 1,210 households

When it was built

Mostly 1961–1980

  • 1960 or earlier19%
  • 1961–198070%
  • 1981–19905%
  • 1991–20005%
  • 2001–20050%
  • 2006–20100%
  • 2011–20150%
  • 2016–20210%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

23.3%
Born outside Canada
34.6%
Hold a degree or higher
59.6%
Employment rate
14.4%
Commute by transit
75.9%
Commute by car
1.6
Children per family
$80,480
Median income after tax
$100,501
Average household income
7.1%
Living on a low income
$1,390/mo
Renters pay, per month
$1,374/mo
Owners pay, per month
$614,873
Median home value at census
13.2%
Renters spending 30%+ of income on housing
6.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 4 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Through September 2026 Thin sales history — read the monthly counts

What homes in Queensway Terrace South/Ridgeview actually rent for

12 homes were leased in Queensway Terrace South/Ridgeview over the 12 months to September 2026. Half leased above $2,396 and half below, 2.5% lower than the 12 months before. A typical home found its tenant in 31 days — 10 days slower than a year ago.

Median rent
$2,396
-2.5% year over year
Days to lease
31
10 days slower
Leases closed
12
last 12 months
Rent per square foot
$1.99/mo
from 11 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

What renters actually paid

$2,998/mo

on a $3,000 asking rent — under ask by $2

−10%Asking rent+10%
Of the asking rent
99.9%
Leased over asking
25%

From 12 leases that closed here in the last 12 months.

Rent or buy in Queensway Terrace South/Ridgeview

23 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$660,223

22 sales

Median rent

$2,396/mo

12 leases

Gross rental yield

4.35%

before costs

Both figures come from deals that actually closed in Queensway Terrace South/Ridgeview over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Queensway Terrace South/Ridgeview

A single median hides this: the mix of homes behind it, and what each kind costs.

12leases
  • Detached$2,60041.7%
  • Other kinds, too few of each —58.3%
Every month behind these charts — Queensway Terrace South/Ridgeview, rentals
Monthly closed leases in Queensway Terrace South/Ridgeview
MonthClosedMedianMiddle halfDays% of ask
Sep 20261 Not enough leases this month to report a median
Aug 20261 Not enough leases this month to report a median
Jul 20262 Not enough leases this month to report a median
May 20261 Not enough leases this month to report a median
Apr 20265$2,600$2,450 – $2,70036100.0%
Mar 20261 Not enough leases this month to report a median
Feb 20261 Not enough leases this month to report a median
Sep 20252 Not enough leases this month to report a median
Aug 20251 Not enough leases this month to report a median
Jul 20253 Not enough leases this month to report a median
Jun 20254 Not enough leases this month to report a median
Sep 20241 Not enough leases this month to report a median
Aug 20241 Not enough leases this month to report a median
Jul 20242 Not enough leases this month to report a median

13 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Queensway Terrace South/Ridgeview

How much does a home cost in Queensway Terrace South/Ridgeview?

Homes in Queensway Terrace South/Ridgeview sold for a median of $660,223 over the 12 months to September 2026, across 22 closed sales — half sold for more and half for less. That is 10.6% higher than the 12 months before it.

How long does it take to sell a home in Queensway Terrace South/Ridgeview?

A home in Queensway Terrace South/Ridgeview took a median of 22 days on the market over the 12 months to September 2026. Homes there closed at 98.4% of the asking price on average, with 9.1% selling over asking.

How much is rent in Queensway Terrace South/Ridgeview?

The median lease in Queensway Terrace South/Ridgeview closed at $2,396 a month over the 12 months to September 2026, across 12 leases.

Is it cheaper to rent or buy in Queensway Terrace South/Ridgeview?

A home in Queensway Terrace South/Ridgeview costs about 23.0 years of the rent on one — the median price of $660,223 against a median rent of $2,396 a month, a gross yield of 4.35%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Queensway Terrace South/Ridgeview on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in Queensway Terrace South/Ridgeview

A condo here is its own market

2 condo townhouses are on the market in Queensway Terrace South/Ridgeview right now. Too few have closed here in the last year for us to publish a median we would stand behind.