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Island Park

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About Island Park

Island Park, situated along the gorgeous winding way of Island Park Drive, is a prestigious Ottawa Neighborhood. The Island Park community offers beautiful heritage and modern homes for house hunters and real estate investors. Most homes were built in the 1920's-1940's on large lots, the majority of which have single car garages. Located within walking distance to Westboro and downtown, this neighbourhood is key for those looking for an upscale location for their home in Ottawa.

Island Park is the perfect spot for any size of family. The area is served on Ottawa's Transitway by Tunney's Pasture Station, which runs along the neighbourhood's northern border, parallel to Scott Street. As for walking to get errands done, Island Park residents can take advantage of the neighbouring trendy community of Hintonburg and its wide variety of eclectic amenities.

The schools in Island Park are:

  • St. George
  • Fisher Park
  • Elmdale

A cool fact about Island Park:

The Ottawa Improvement Commission built Island Park Drive in 1910. They also built a series of bridges in the area that connected the Ottawa shore to the islands located between Ontario and Quebec. Those islands then became known as Island Park.

Tunney's Pasture Demographics

88%
Own
12%
Rent
315
Single Famly
107
Non-Family
0
Multi Family
89%
Employed
7%
Self-Employed
4%
Unemployed

 
$532k
Avg Home Value
59
Avg Home Age
$133k
Avg Income
42
Avg Age
Detached
Detached
 88%
Semi-Detached
Semi-Detached
 5%
Duplex
Duplex
 5%
Low-Rise
Low-Rise
 3%
High-Rise
High-Rise
 0%

People per Household

1
96
2
162
3
71
4-5
93
6
0

Education

University
College
170
High School
126
Apprentice
66
None
128

Marital Status

Married
55
Single
30
Other
15

Age Groups

0-19
22%
20-29
10%
30-49
27%
50+
41%

Island Park Amenities

Calculators

Mortgage Calculator

Land Transfer Tax Calculator

  • Land Transfer Tax calculated for Ottawa, Ontario
  • Rates current as of 2016
  • This calculator provides an estimate only. Actual rates may vary.

CMHC Calculator

  • CMHC insurance must be purchased for all homes with less than 20% down payment.
  • Homes purchased for more than $1 million are not eligible for CMHC insurance, therefore requiring homeowners to put more than 20% down.
  • The maximum amortization period on CMHC insured mortgages is 25 years.
  • Homes sold over $500,000 can no longer be purchased with a 5% down payment. The new minimum down payment is 5% of the first $500,000, and 10% of any amount over $500,000.
Homes For Sale in Island Park
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