House Hunting in Canada: Octagonal Riverfront Views Outside Ottawa After lagging behind larger Canadian cities for years, Ottawa saw home prices balloon in 2020, fueled by a surge in demand and ‘inventory at historic lows.’ By Michael Kaminer $3.77 MILLION ($4.795 CANADIAN DOLLARS) Set on the banks of the Rideau River, this custom-built four-bedroom home is in Manotick, a village about 15 miles south of Ottawa, Canada’s capital city. The 3.4-acre property includes 264 feet of water frontage, with two boat slips. “It’s rare to acquire a property on the river with this much waterfront,” said Marilyn Wilson of Dream Properties, the listing broker. “And having two boat slips is unusual. You wouldn’t be able to get them now because of conservation rules.”