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Updated almost 5 years ago, 01/09/2020
Is Ottawa market crazy right now?
I was renting a room close to Elmvale shopping mall in ottawa and the owner had purchased a 3+2 bedroom 1+1 bath detached house for around 400K in spring of 2018.
The house which is right next to it is sold for 565K in the spring of 2019.
I was wondering if it is some kind of a bubble?