Condos

Are Ottawa Condos a Good Investment in 2025?

For many buyers in Ottawa, condos are more than just a place to live — they’re also a potential investment. Whether you’re a first-time buyer thinking about long-term growth or an investor looking at Ottawa’s rental market, understanding the value of condos in 2025 is key.

Why Condos Appeal to Ottawa Buyers

  • Affordability: Compared to freehold homes, condos typically have a lower entry price. For first-time buyers, this makes them an accessible way to build equity.

  • Location: Most Ottawa condo buildings are in desirable, central neighbourhoods — close to transit, shops, and amenities.

  • Low Maintenance: Condo fees cover many of the maintenance tasks that freehold homeowners pay out of pocket, making them appealing to busy professionals and downsizers alike.

Rental Market Potential

Ottawa’s rental demand remains steady thanks to its government, tech, and student populations. Condos in central neighbourhoods (Centretown, Sandy Hill, Westboro, Hintonburg) often attract strong rental interest. Buyers looking to offset mortgage costs or generate income may find condos an attractive option.

Resale Value Factors

Not all condos perform the same. Here’s what makes some Ottawa condos hold value better than others:

  • Location near transit (especially new LRT stations)

  • Well-managed condo corporations with healthy reserve funds

  • Popular amenities like gyms, coworking spaces, and rooftop terraces

  • Smaller, boutique-style buildings that offer a community feel

Risks to Consider

  • Condo fees can rise over time, particularly if a building needs major repairs or upgrades.

  • Market fluctuations may affect condo pricing differently than freehold properties.

  • Special assessments can be an unexpected cost if the condo board needs to cover large projects.

The Bottom Line

Condos in Ottawa can absolutely be a smart investment in 2025 — especially for buyers who choose the right building, location, and amenities. Whether you plan to live in your unit for a few years before upsizing or rent it out long-term, condos remain one of the most practical ways to enter the Ottawa real estate market.

If you’re considering an Ottawa condo purchase, I can help you evaluate not just the unit itself, but also the building’s health and long-term potential — so you make an investment you’ll feel confident about.

What First-Time Buyers Need to Know About Ottawa Condos

For many first-time buyers in Ottawa, a condo is the perfect first step into homeownership. With a wide range of buildings across Centretown, Hintonburg, Westboro, and beyond, condos offer affordability, convenience, and a lifestyle that’s hard to match. But before you dive into the market, it’s important to understand what makes condo ownership different from buying a freehold property.

Condo Fees: What You’re Paying For
Every condo building in Ottawa charges monthly condo fees, which go toward maintaining the property and shared spaces. These can include things like:

  • Snow removal and landscaping

  • Building insurance

  • Heating, water, or hydro (in some buildings)

  • Access to amenities such as gyms, pools, party rooms, or rooftop terraces

While fees vary from building to building, they’re often balanced out by the lower maintenance responsibilities compared to a freehold home.

The Lifestyle Factor
Condos are ideal for buyers who value location and convenience. Living downtown puts you within walking distance of Ottawa’s restaurants, coffee shops, festivals, and public transit. If you’d rather spend your weekends exploring the city than mowing a lawn or shovelling snow, condo living may be your best fit.

Long-Term Value
Condos can also be a strategic investment. Many first-time buyers use their condo purchase as a stepping stone, building equity that can later be used toward upsizing into a larger property. Ottawa’s condo market has remained strong, with demand steady in central neighbourhoods close to transit and amenities.

What to Ask Before You Buy
When looking at Ottawa condos, make sure you ask questions like:

  • What’s included in the condo fees?

  • Are there any upcoming special assessments?

  • How financially healthy is the condo corporation?

  • What’s the resale value of similar units in the building?

The Bottom Line
Buying your first condo is an exciting milestone. By understanding the ins and outs of condo fees, amenities, and lifestyle perks, you can make a confident decision. Ottawa offers a wide range of condo options, and with the right guidance, you’ll find a home that fits your lifestyle today and your goals for the future.

Which Ottawa Condo Matches Your Lifestyle?

Buying a condo isn’t just about square footage or finishes—it’s about how the building and neighbourhood fit your day-to-day life. Ottawa has condos for almost every lifestyle, from social butterflies who love being at the centre of the action to quiet planners who value stability and future growth.

Think of this as a personality matchmaker for Ottawa condos. Which one sounds like you?

The Social Butterfly: ByWard Market Condos

  • Who you are: You thrive on energy. You love patios, live music, and being steps away from nightlife.

  • What you’ll love: Buildings like 90 George or 242 Rideau put you at the centre of Ottawa’s most vibrant district. Rooftop patios, concierge service, and quick access to restaurants mean your home is also your social hub.

  • Why it works: ByWard Market condos are perfect for first-time buyers or downsizers who value location over square footage.

The Trendsetter: Little Italy & Hintonburg Condos

  • Who you are: You like what’s new, what’s next, and what’s stylish. From craft breweries to indie galleries, you want to be surrounded by creativity.

  • What you’ll love: Condos like Soho Champagne near Dow’s Lake or The Eddy in Hintonburg mix sleek design with neighbourhood energy. Evening walks might take you to a hidden bar one night and a gallery opening the next.

  • Why it works: Perfect for young professionals or buyers who want a lifestyle that feels fresh and connected.

The Visionary: Lebreton Flats & Bayview Condos

  • Who you are: You see the cranes and construction as opportunity. You like being part of a neighbourhood before it hits its full stride.

  • What you’ll love: Modern builds like Claridge Moon or the upcoming LRT-connected towers bring huge potential for both lifestyle and investment.

  • Why it works: Great for forward-thinking buyers who want to balance personal use with future value.

The Comfort Seeker: The Glebe & Old Ottawa South Condos

  • Who you are: You’re not chasing the newest thing—you want charm, community, and walkable streets where neighbours know each other.

  • What you’ll love: Boutique condo buildings tucked between heritage homes, steps from Bank Street shops and the Canal. Evenings here are about farmers’ markets, porch visits, and community events.

  • Why it works: Ideal for buyers who value comfort, stability, and character over flash.

The Adventurer: Westboro Condos

  • Who you are: You spend your free time outdoors, running by the river, cycling the trails, or heading out for a paddleboard session.

  • What you’ll love: Condos like UpperWest or Westboro Station keep you close to both Richmond Road’s restaurants and the Ottawa River pathways. Sunsets on the water are part of the lifestyle.

  • Why it works: Perfect for buyers who want balance—nature escapes plus urban convenience.

Why Lifestyle Matters in Condo Buying

Most buyers start with a price range and a checklist—bedrooms, balcony, maybe underground parking. But the feel of a condo, and the lifestyle of its neighbourhood, often end up being what makes or breaks your happiness.

Ottawa’s condo market is as diverse as the people who live here. Finding the right match is about more than location—it’s about knowing who you are and how you want to live.

Whether you’re a social butterfly, a trendsetter, or an adventurer, there’s a condo in Ottawa that feels like it was built for you. Let’s find it together.

What to Look for When Buying a Condo in Ottawa

Buying a condo isn’t just about square footage or floor-to-ceiling windows. It’s about making sure your investment—and your lifestyle—are both protected. Ottawa’s condo market is diverse, from boutique heritage conversions downtown to full-scale towers in Lebreton Flats, Westboro, and Little Italy. But with so many options, it’s important to know what really matters when choosing the right building.

Here’s a breakdown of the key things to consider when buying a condo in Ottawa.

Condo Fees: More Than Just a Number

One of the first questions buyers ask is: “What do the fees cover?” Condo fees can range anywhere from a few hundred to over a thousand dollars a month depending on the building. But higher fees don’t always mean worse value.

  • Inclusive fees often cover heating, water, and building insurance, which can save you from fluctuating monthly bills.

  • Amenity-heavy buildings with pools, gyms, or 24/7 concierge will usually cost more to maintain.

  • Reserve fund contributions are built into fees and ensure the building can handle repairs or upgrades without hitting owners with surprise costs.

The key isn’t just the number—it’s understanding what you’re paying for, and whether those services match your lifestyle.

The Reserve Fund and Status Certificate

A healthy reserve fund is one of the best protections a condo owner has. It’s the building’s savings account for future repairs—think roof replacement, elevator upgrades, or garage resurfacing.

As a buyer, you’ll want to review the status certificate, which outlines the financial health of the condo corporation, any ongoing lawsuits, and whether the reserve fund is strong enough for upcoming projects. A weak reserve fund could mean higher fees or special assessments down the road.

Building Management and Community

Not all condo corporations are managed equally. A well-run building will have:

  • Responsive property management that communicates clearly with residents.

  • An active board of directors made up of owners who care about the building’s future.

  • Rules and bylaws that maintain quality of life without feeling restrictive.

Ask current residents how responsive management is, or pay attention to how well-kept the common areas are during your showing—small details can say a lot about the building’s culture.

Location and Neighbourhood

Unlike freeholds, where you can change the home but not the lot, with a condo you’re investing in the building and the neighbourhood. Ottawa’s condo hotspots each bring something unique:

  • Centretown and ByWard Market – Walkability, nightlife, and access to government and corporate offices.

  • Little Italy and Dow’s Lake – Trendy restaurants, bike paths, and easy access to Carleton University.

  • Westboro – Boutique feel, beach access, and a mix of mid-rise and luxury buildings.

  • Lebreton Flats and Bayview – Rapidly developing with LRT access and growth potential.

Your condo is more than your unit—it’s your community. Think about how you’ll use the neighbourhood day-to-day.

Amenities That Add Value

While rooftop patios and party rooms look great in photos, focus on amenities you’ll actually use. Gyms, guest suites, and secure bike storage often add real value to residents’ lives, while underused luxury amenities can inflate fees without much personal benefit.

For resale, buildings with practical amenities often attract a wider pool of buyers.

The Long-Term Outlook

Condo living is more than a short-term move for many Ottawa buyers. Whether you’re a first-time buyer using your condo as a stepping stone, or you’re downsizing and planning to stay long-term, think ahead:

  • How easy will this unit be to resell?

  • Is the building attracting new buyers, or struggling with vacancies?

  • Are there planned developments nearby that could boost property values—or block your view?

Working with an agent who specializes in Ottawa condos can give you insight into trends you won’t find in the listing description.

Final Thoughts

A condo can be one of the most flexible and rewarding ways to own property in Ottawa. The key is to look past the finishes and into the structure—both financial and physical—of the building. By reviewing condo fees, reserve funds, management style, and the surrounding neighbourhood, you’ll be setting yourself up for both comfort and confidence in your purchase.

The Hidden Costs of Condo Ownership: What Ottawa Buyers Should Know

When buyers first consider purchasing a condo in Ottawa, the focus is often on the listing price, location, and square footage. But beyond the mortgage and down payment, there are other costs of ownership that can catch first-time condo buyers off guard. Understanding these expenses upfront can help you budget wisely and choose the right building for your lifestyle.

Here are the most common hidden costs of owning a condo in Ottawa—and how to plan for them.

Monthly Condo Fees

Condo fees are one of the biggest differences between buying a freehold home and a condominium. These fees are pooled together to cover shared expenses such as building maintenance, amenities, and reserve funds.

  • What they cover: Things like building insurance, common area cleaning, landscaping, and sometimes utilities such as heat or water.

  • Range in Ottawa: Fees vary widely depending on the age of the building and the amenities offered. A high-rise with a pool, gym, and concierge will usually cost more than a smaller building with limited amenities.

  • Why it matters: Low fees can be appealing, but make sure the building is still contributing adequately to its reserve fund. Too-low fees may mean costly special assessments down the road.

Special Assessments

If a building doesn’t have enough money saved in its reserve fund to cover major repairs—such as roof replacement, window upgrades, or garage restoration—owners may be charged a “special assessment.” This is an extra one-time fee, which can range from a few hundred dollars to several thousand, depending on the scope of the work.

  • Pro tip: Always review the building’s status certificate before buying. This document outlines the financial health of the condominium corporation and whether there are planned assessments.

Insurance

Condo insurance works differently than home insurance. The building itself is covered by the condo corporation’s insurance policy, but as an owner, you’ll need your own coverage for the interior of your unit and your personal belongings.

  • Owner’s responsibility: Things like your appliances, flooring, and liability protection in case someone is injured inside your unit.

  • Additional coverage: Some buyers also choose insurance for things like special assessments or upgrades that go beyond the building’s standard finishes.

Utility Costs

While some condo fees include utilities, others don’t. It’s important to clarify exactly what’s covered before buying.

  • Utilities often included: Heat, water, or even hydro in older buildings.

  • Utilities often excluded: In newer builds, it’s more common for each unit to have separate meters, meaning you’ll pay directly for hydro, water, or gas.

Amenity Upkeep

Amenities like pools, gyms, and rooftop terraces are appealing, but they come with maintenance costs that are baked into your condo fees. Even if you don’t use the pool, you’re helping pay for it. That doesn’t mean you should avoid amenities altogether, but it’s smart to weigh how much value they add to your lifestyle.

Final Thoughts

Condo ownership in Ottawa offers lifestyle perks you won’t find in freehold homes—like central locations, modern amenities, and reduced maintenance responsibilities. But it’s essential to factor in the hidden costs when deciding which building and unit are right for you.

By looking beyond the listing price and understanding the full financial picture, you’ll be able to make a confident, informed decision.

As someone who has specialized in Ottawa condos for more than a decade, I help buyers navigate these details every day. If you’re exploring the condo market and want to know what costs to expect in different buildings, I’d be happy to guide you through the process.

Condo Living in Ottawa: Why Amenities Matter More Than You Think

When buyers start shopping for a condo in Ottawa, they often focus on square footage, location, and price per square foot. While those factors are important, many overlook one of the most valuable aspects of condo ownership: the amenities. From fitness centres to rooftop terraces, the features offered in a building can transform the way you live day-to-day—and they can also impact resale value in the future.

If you’re considering buying a condo in Ottawa, here’s why paying attention to amenities should be high on your list.

Everyday Convenience at Your Doorstep

One of the biggest perks of condo living is convenience. Imagine skipping the gym commute because there’s a full fitness centre in your building, or having a party room available when friends and family visit. These amenities don’t just add comfort—they can also save time and money.

  • Fitness centres: A fully equipped gym in the building can replace or supplement a separate membership.

  • Guest suites: Perfect when family visits but you don’t have an extra bedroom.

  • Pet facilities: Dog runs or pet washing stations are increasingly popular in new builds, especially for downtown buyers with pets.

Lifestyle and Community

Amenities can shape the lifestyle of the entire building. A rooftop patio or communal lounge, for example, encourages residents to gather and connect, which can make the condo feel more like a community than just a place to live.

  • Rooftop terraces: Ideal for summer nights, with views that often become a highlight of the building.

  • Coworking spaces: Growing in demand as more buyers work remotely.

  • Pools and spas: Luxury touches that can set certain buildings apart from the rest.

The right amenities can enhance your lifestyle and provide opportunities to meet your neighbours—something not always easy to do in a city setting.

Security and Peace of Mind

For many buyers, safety is a top priority, and condo amenities often include features that provide added peace of mind.

  • Concierge or security services: A staffed front desk not only manages visitors and deliveries but adds an extra layer of safety.

  • Secure parking: Underground parking with controlled access is highly valued in Ottawa, especially in winter.

  • Package lockers: With online shopping on the rise, safe and convenient package storage is now a must-have.

These amenities go beyond comfort; they directly affect how secure and stress-free condo living can be.

Resale Value and Marketability

Amenities aren’t just about personal enjoyment—they can play a significant role in your condo’s long-term value. Buyers in Ottawa are often willing to pay a premium for buildings that offer features aligned with their lifestyle. Conversely, condos in buildings with limited or dated amenities may struggle to stand out in a competitive market.

  • Modern buyers expect more: Features like EV charging stations, coworking lounges, and well-maintained gyms can make a condo more attractive to future buyers.

  • Low-quality amenities can hurt value: A pool that’s constantly closed or outdated common areas may leave a negative impression.

  • Balance is key: While amenities add value, they also come with maintenance fees. Savvy buyers look for buildings where fees remain balanced with what’s offered.

Choosing the Right Fit for You

When touring condos, take the time to explore the amenity spaces just as you would the unit itself. Ask yourself:

  • Do I see myself actually using these amenities?

  • How well are they maintained?

  • Are they aligned with my lifestyle (pets, work-from-home, entertaining)?

Remember, you’re not just buying a unit—you’re buying into the building and everything that comes with it.

Final Thoughts

Condo living in Ottawa offers a unique blend of location, convenience, and community, but the amenities a building provides can make or break your experience. Whether it’s a fitness centre, a rooftop terrace, or 24-hour concierge service, these features shape your day-to-day life and contribute to long-term value.

Ottawa Condo Buyers: The Complete Guide to Status Certificates

When you buy a condo in Ottawa, you’re not just purchasing four walls. You’re also buying into the building itself — its finances, its management, and its future. That’s where the status certificate comes in. This document is one of the most important parts of the buying process, and yet it’s often overlooked until the last minute. Here’s what you need to know.

What Is a Status Certificate?
A status certificate is a detailed package of information about the condo corporation. It provides transparency into the building’s financial health, legal issues, and rules. In Ontario, sellers are legally required to provide one to buyers upon request, usually within 10 days.

Why It Matters

  • Financial Health: The certificate includes the budget, reserve fund balance, and planned contributions. This tells you whether the building has enough money set aside for future repairs.

  • Legal Standing: It will disclose if the corporation is involved in lawsuits, which could affect fees or property value.

  • Rules and Restrictions: From pet policies to short-term rentals, the certificate outlines what you can and cannot do in your unit.

  • Monthly Fees: It confirms the amount you’ll pay each month, including any special assessments that may be pending.

Key Sections to Review

  • Reserve Fund Study: A long-term plan that shows how the building will pay for major repairs, such as roofs, elevators, and exterior cladding.

  • Budget and Expenses: A breakdown of how monthly condo fees are used.

  • Insurance Certificate: Ensures the building is properly insured for liability and replacement.

  • Declaration and By-Laws: The rules that govern everything from renovations to visitor parking.

  • Special Assessments: Extra fees charged to owners if there isn’t enough money in the reserve fund.

Common Red Flags

  • Low Reserve Fund: If the fund is underfunded, expect future fee increases or special assessments.

  • Pending Lawsuits: These can drag on for years and cost every owner money.

  • Unrealistic Budgets: If expenses are consistently higher than revenue, the shortfall eventually comes out of owners’ pockets.

  • Frequent Special Assessments: A sign that the building is not planning ahead properly.

How to Protect Yourself

  • Always Have It Reviewed: A real estate lawyer should go through the certificate with you before finalizing your purchase.

  • Ask Questions: If something doesn’t make sense, have your agent or lawyer clarify.

  • Plan for the Future: Even healthy buildings raise fees gradually over time. Build that into your budget.

Working With an Experienced Condo Agent
Condos are a world of their own in Ottawa real estate. Understanding status certificates is only part of the puzzle — you also want insight into neighbourhood trends, building reputations, and resale potential. That’s where working with a REALTOR® who specializes in condos makes a difference.

The Bottom Line
A status certificate is more than paperwork — it’s your window into the building’s past, present, and future. By reviewing it carefully, you protect yourself from surprises and make sure your condo is a smart investment.

If you’re thinking about buying a condo in Ottawa, reach out to Matt Richling. With years of experience focused exclusively on Ottawa’s condo market, he can guide you through every detail and help you find the right building for your lifestyle and budget.

Ottawa Condo Spotlight: Little Italy & Dow’s Lake

If you’re searching for a condo lifestyle that blends luxury, culture, and waterfront access, look no further than Little Italy and Dow’s Lake. Over the past decade, this neighbourhood has transformed into one of Ottawa’s hottest condo markets, attracting everyone from professionals to downsizers and investors.

A Neighbourhood in Transition

Little Italy has always been known for Preston Street’s restaurants, cafés, and cultural events like Italian Week Ottawa. But in recent years, the area surrounding Dow’s Lake has seen a surge in condo development, bringing modern high-rises and boutique buildings into what was once a low-rise neighbourhood.

This transition has positioned Little Italy as one of Ottawa’s most dynamic communities—balancing heritage with innovation.

The Condo Landscape

Unlike The Glebe’s boutique-heavy market, Little Italy and Dow’s Lake feature some of Ottawa’s most striking high-rise condo towers:

  • SoHo Champagne (111 Champagne Avenue S): Designed by celebrated firm Gluckstein Design, offering hotel-style amenities including concierge, gym, and party room. Popular with professionals and investors alike.

  • The Icon (805 Carling Avenue): At 45 storeys, it’s Ottawa’s tallest residential building. Units boast modern finishes, sweeping skyline and lake views, and luxury amenities. The Icon has become a landmark for the city’s skyline.

  • Claridge Moon (505 Preston Street): One of the first condo projects tied directly to Ottawa’s new LRT line, offering immediate access to Carling Station. Appeals strongly to buyers seeking transit-oriented investment opportunities.

  • SOHO Italia (coming soon): A planned high-rise that will add even more inventory to the neighbourhood, continuing the trend toward vertical living.

This mix of existing and upcoming projects makes Little Italy a hub for buyers who want new construction, luxury finishes, and strong long-term value.

Lifestyle Advantages

One of the biggest selling points for condos in Little Italy is lifestyle.

  • Preston Street: Lined with some of Ottawa’s best Italian restaurants, cafés, and bars, it’s the heart of the neighbourhood’s identity.

  • Dow’s Lake: Just steps away, this green space connects to the Rideau Canal, offering paddle boats in summer, skating in winter, and year-round walking and cycling.

  • Transit Access: With Carling O-Train Station at the centre of the community, residents enjoy quick connections to downtown and beyond.

  • Events: Festivals like Italian Week and Winterlude bring energy to the area, giving condo owners a front-row seat to Ottawa’s cultural calendar.

Who Buys Condos Here?

  • Young Professionals: Attracted by proximity to downtown, nightlife, and transit, while still being able to purchase modern condos at competitive price points compared to Centretown.

  • Downsizers: Many are drawn to the waterfront views and luxury amenities offered by buildings like The Icon and SoHo Champagne.

  • Investors: With the O-Train expansion and new developments in progress, Little Italy has become a magnet for investors betting on long-term growth.

Market Trends and Pricing

Condo pricing in Little Italy varies depending on age, finishes, and location:

  • Entry-level 1-bedrooms in older or boutique buildings may start in the high $300,000s to low $400,000s.

  • Newer builds like SoHo Champagne and Claridge Moon often list 1-bedrooms in the $450,000–$550,000 range.

  • Luxury units in The Icon can easily exceed $1M, particularly for larger layouts with corner exposures and lake views.

For sellers, the increasing competition from new builds means professional marketing and timing are crucial. Buyers are spoiled for choice, so presentation makes all the difference.

Why This Market Stands Out

Little Italy and Dow’s Lake represent the future of Ottawa condo living. With vertical growth, direct LRT connections, and unmatched proximity to dining and green space, the area combines lifestyle and investment potential in a way few neighbourhoods can match.

For buyers, it’s about securing a home in a community on the rise. For sellers, it’s about positioning your property strategically in a competitive but high-demand market.

Final Thoughts

Condos in Little Italy and Dow’s Lake aren’t just homes—they’re a lifestyle investment. Whether you’re looking for a luxury unit in Ottawa’s tallest tower, a boutique condo near Preston Street’s restaurants, or an investment property with transit appeal, this neighbourhood delivers.

Thinking of buying or selling in Little Italy or Dow’s Lake? With years of experience specializing in Ottawa condos, I can help you navigate this fast-moving market. Let’s find your next opportunity.

Why Fall is a Smart Time to Buy or Sell a Condo in Ottawa

Spring might get all the attention when it comes to real estate, but in Ottawa’s condo market, fall is one of the most strategic seasons to make a move. Whether you’re thinking of buying your first condo or selling your current one, the fall market offers a unique window of opportunity.

Inventory Opens Up
By September, many buyers who were competing fiercely in the spring have already found a home. That shift leaves more inventory available, and in Ottawa’s condo scene, that means more choice across different neighbourhoods and price points. From Centretown to Westboro, you’ll see more options on the market with less competition at the table.

Motivated Sellers
Owners who listed earlier in the year often don’t want to carry their condo into the winter months. They’re motivated to close before the holidays, which creates room for negotiation. That could mean a more attractive price, a faster closing, or simply less back-and-forth in the offer process.

Lifestyle Matters More in the Fall
Condos are about more than square footage — they’re about lifestyle. In the fall, you really get a sense of how the building and neighbourhood feel day-to-day. Does the lobby stay warm and welcoming when the weather dips? Is the neighbourhood still buzzing when patio season wraps up? These details matter, and they’re easier to evaluate in the fall.

Buy Now, Settle Before Winter
Nobody wants to move during a snowstorm. Buying in the fall means you can close, unpack, and settle before Ottawa’s winter hits full force. You’ll be ready to enjoy your building’s amenities — whether that’s underground parking, a gym, or simply not having to shovel a driveway — while everyone else is still dealing with the cold.

Where the Market Stands
Ottawa’s condo market remains balanced heading into fall: inventory is steady, sales are consistent, and average days on market are in line with long-term trends. For buyers, that means more breathing room. For sellers, it’s still a strong position if your unit is priced right and marketed properly.

If you’ve been waiting for the right time to make your move in Ottawa’s condo market, fall could be it.

Looking for more insight? Let’s talk about your goals and find out if this is the season to take the next step.

5 Signs You’re Ready to Sell Your Ottawa Home

Selling your home is one of the biggest financial and personal decisions you’ll ever make. It isn’t just about numbers on a page—it’s about lifestyle, timing, and what you want your next chapter to look like. Ottawa homeowners often ask us, “How do I know when it’s the right time to sell?” While the answer is different for everyone, there are a few common signs that it may be time to start preparing your property for the market.

Here are five key indicators that you might be ready to take that step.

1. Your Home No Longer Fits Your Lifestyle
Life changes fast, and the home you bought five or ten years ago might not serve your needs today. For growing families, a once-spacious townhouse in Kanata might now feel cramped, with kids sharing bedrooms and everyone fighting for bathroom time. On the flip side, if the kids have flown the nest, that large single-family home in Barrhaven could suddenly feel overwhelming to maintain.

Ottawa’s diverse housing market gives you options—whether that means upgrading to a detached home with more space in Orleans, or downsizing to a stylish downtown condo in Centretown where you can walk to coffee shops, restaurants, and the ByWard Market. When your home no longer matches your day-to-day routine, it’s a strong sign to start exploring your next move.

2. The Upkeep Is Becoming Too Much
Every home requires care, but constant repairs and high maintenance bills can start to weigh you down. Maybe your roof needs replacing, your furnace is on its last legs, or your weekends are spent sanding, painting, and fixing. These costs add up—and they also eat into your quality of life.

For many Ottawa sellers, moving into a newer home or condo can be a smart solution. A newer property in a community like Riverside South or Findlay Creek often means fewer immediate repairs, while condo living takes lawn mowing, snow removal, and exterior maintenance off your plate entirely. If you find yourself spending more time maintaining your home than enjoying it, it might be time to list.

3. You’ve Built Significant Equity
One of the most practical reasons to consider selling is the equity you’ve built. Ottawa’s real estate market has seen steady growth over the past decade, and many long-time homeowners are sitting on substantial value. If you purchased your home years ago, the difference between what you owe and what your property is worth today could give you the financial flexibility to upgrade, downsize, or even invest.

For example, someone who bought a home in Stittsville in the early 2010s could now leverage their equity to purchase a larger property closer to the city centre, or trade a suburban property for a luxury condo in Westboro. Understanding your equity position is the first step to knowing what’s possible.

4. Your Neighbourhood Has Changed—For Better or Worse
Neighbourhoods evolve, and sometimes those changes push homeowners toward selling. Maybe your once-quiet street in Gloucester has grown busier with new development, or the community amenities you once loved aren’t there anymore. In other cases, the area has become more desirable—parks, new schools, or trendy shops have opened nearby, and your home’s value has increased as a result.

When a neighbourhood shifts, it’s natural to reassess. If the changes no longer suit your lifestyle—or if you want to take advantage of increased demand—it may be a good time to consider selling.

5. You’re Ready for a Fresh Start
Not all decisions to sell are financial. Sometimes, it’s about energy and emotion. Maybe you’ve been browsing listings late at night, daydreaming about a chic condo in Little Italy with a balcony view of Dow’s Lake. Or perhaps you’re craving more space and imagining life in a newer subdivision with a big backyard for summer barbecues.

That feeling of restlessness is important. If your current home doesn’t inspire you anymore, or you find yourself excited about the possibilities elsewhere in Ottawa, your intuition may already be telling you it’s time to move.

What to Do Next
Recognizing these signs is the first step—taking action is the next. Selling a home in Ottawa isn’t just about putting a sign on the lawn. It’s about presenting your property in the best possible light, reaching the right buyers, and navigating the process with confidence.

At New Purveyors, we provide full marketing support for every listing, including professional photography, videography, and targeted promotion across print, digital, and social media. We’ll also guide you through preparing your home, handling showings, and negotiating offers so you can focus on your next chapter.

If any of these signs sound familiar, let’s talk. We’ll help you figure out whether selling now makes sense for you—and make sure that when you do list, your home gets the attention it deserves.

Why More Buyers Are Choosing Downtown Ottawa Condos in 2025

As summer shifts into fall, the downtown Ottawa condo market is opening doors for buyers who want location, convenience, and value. Inventory has risen from the summer lull, which means more choice and a better shot at finding the right fit. For many buyers, this is the moment to act.

What’s shaping buyer sentiment

Balanced inventory, better choice
Active listings are higher than usual for this time of year. That sounds dramatic at first, but it mostly reflects Ottawa’s seasonal rhythm. Late summer often brings a bump in new listings before fall demand picks up. Buyers get more selection and a little more room to negotiate.

Healthy demand with sustainable pricing
Sales are steady and pricing is inching forward rather than spiking. That is a sign of a healthier market. Townhomes are showing some of the strongest gains, while apartment condos downtown are a touch softer. For value-minded buyers, that softness can be a real advantage.

Speed still matters

Average days on market hover around the one-month mark. The early launch window remains critical. If a property is priced correctly and presented well, it is more likely to catch serious attention in the first two weeks.

Who is buying downtown condos right now

Urban lifestyle seekers
Buyers who value a walkable lifestyle, transit access, and low-maintenance living are finding good options. With prices stable and selection up, downtown condos feel like a smart, practical choice.

First-time buyers and budget-conscious movers
Townhomes and single-family homes can stretch a budget. A well-priced condo can be a foot in the door without sacrificing location. Negotiation opportunities are also better than they were a year ago.

Families and move-up buyers
For those moving up, a balanced market allows for planning without panic. Focus on school zones, renovation potential, and long-term livability. The calmer pace lets you sell and buy with more confidence.

What sellers need to know

Price to the market
Chasing yesterday’s number usually backfires. The right price attracts early traffic and gets you into real conversations with qualified buyers.

Dial in presentation
With lots of listings competing for attention, presentation is everything. Professional photography, a spotless space, and a clear story about lifestyle can separate your property from the pack.

Win the launch window
The first two weeks are where momentum is built. Be ready for showings, gather feedback quickly, and adjust where needed. Fast decisions often translate into better outcomes.

What to expect this fall

As routines reset after summer, buyer activity typically rises through September and October. Elevated inventory plus steady demand should keep conditions balanced. For buyers, that means more choice and fair prices. For sellers, it means you can still achieve strong results if you get price, presentation, and timing right.

Quick takeaways

Buyers: There is more to choose from. Downtown condos offer solid value if you want location and convenience. Move quickly on the right property and be ready to negotiate.
Sellers: Price with the market, invest in presentation, and treat the first two weeks like game time. That is where your best buyers are paying attention.

If you want help finding a downtown condo that fits your lifestyle or you need a clear plan to prepare and list your home, reach out. I can walk you through the data, the strategy, and the steps that get results in today’s market.

Why Fall is a Smart Time to Buy a Condo in Ottawa

The seasons may be changing, but Ottawa’s condo market is still full of opportunity. If you’ve been considering a move downtown, this fall could be the right moment to start your search.

More Inventory, More Options
After a slower summer, condo listings typically pick up in September and October. This year is no different, with new units coming to market across Centretown, Westboro, Little Italy, and the ByWard Market. More inventory means more choice—whether you’re looking for a modern high-rise with full amenities or a boutique building with character.

A Balanced Market
Unlike the frenzy of a seller’s market, Ottawa’s condo market is sitting in balanced territory. That means there’s less pressure for buyers to jump into bidding wars, while sellers still see steady demand. If you’ve been waiting for a moment where both sides have leverage, fall is as close as it gets.

Lifestyle Benefits
Buying in fall also comes with lifestyle perks. You could be settled into your new space before the holidays, enjoying your balcony views or fitness centre just as the colder months set in. For many buyers, this timing makes for a smooth transition without the rush of spring competition.

Neighbourhood Hotspots
Some of the strongest activity this season is in neighbourhoods close to transit, shops, and nightlife. Westboro and Hintonburg continue to attract buyers looking for culture and convenience, while the ByWard Market remains a top choice for those who want everything at their doorstep. If you prefer quieter living, areas like Old Ottawa East and Riverside South are gaining momentum with modern condo developments.

Why Work With a Condo Specialist
Condo buying isn’t the same as buying a house. Every building has its own history, rules, and financials, and knowing what to look for makes all the difference. With years of experience helping clients buy and sell condos across Ottawa, I can help you navigate everything from condo fees to reserve funds so you can move forward with confidence.

Ready to Explore Ottawa Condos?
Fall is a season of opportunity in the condo market. If you’re curious about what’s available, or just want to understand your options, let’s talk.

Why More Buyers Are Choosing Downtown Ottawa Condos in 2025

Condo living in Ottawa has never been more appealing. As the city continues to grow and evolve, many buyers are drawn to the lifestyle, convenience, and investment opportunities that come with owning a downtown condominium. Whether you are a first-time buyer, a downsizer, or simply looking for a low-maintenance option, downtown Ottawa condos offer a unique blend of modern living and urban charm.

Lifestyle at Your Doorstep
Living in a downtown condo puts you steps away from Ottawa’s best restaurants, coffee shops, and cultural venues. Imagine starting your morning with a coffee from a local café in Centretown, taking a short walk to the ByWard Market for fresh produce, or ending the day with a night out in Little Italy. Condo buyers are not just purchasing a home, they are buying into a lifestyle where everything is within easy reach.

Amenities That Add Value
One of the biggest advantages of condo ownership is access to amenities that would be costly or unrealistic in a single-family home. Fitness centres, rooftop terraces, party rooms, and even concierge services can be part of everyday life. These features not only enhance your quality of living but also add long-term value to your property.

A Smart Investment
Ottawa’s downtown condo market continues to show resilience. With a mix of government, tech, and education driving the local economy, the demand for centrally located housing remains steady. Condos often present a more affordable entry point for buyers who want to build equity while enjoying the perks of city living. For investors, rental demand in the core remains strong, supported by professionals, students, and newcomers who want to live close to transit and workplaces.

Low-Maintenance, High Convenience
Another key reason buyers are gravitating toward condos is the convenience of low-maintenance living. Snow removal, lawn care, and exterior repairs are typically managed by the condo corporation. This makes it an attractive option for busy professionals or retirees who would rather spend their time enjoying the city than worrying about upkeep.

Finding the Right Fit
Not all condos are created equal, and each building has its own community, style, and offerings. Some cater to young professionals looking for modern finishes and shared workspaces, while others focus on quiet living and wellness-oriented amenities. Working with an experienced agent who knows the downtown market can help you find a property that matches your lifestyle and goals.

The Bottom Line
In 2025, downtown Ottawa condos continue to represent more than just a home. They offer an accessible, vibrant, and convenient way to live in one of Canada’s fastest-growing cities. Whether you are drawn by the lifestyle, the amenities, or the investment potential, condo living in the core is worth considering.

Selling Your Home In Ottawa: A Practical Prep Guide That Actually Works

Getting your house ready to sell does not need to be overwhelming. With a clear plan and a few focused weekends, you can list with confidence and attract the right buyers. This guide walks you through what matters most in Ottawa, from curb appeal in four seasons to showings and photo day. We kept it practical, affordable, and tailored to local expectations.

Why prep matters in Ottawa
Homes that feel clean, bright, and move-in ready tend to sell faster and with stronger offers. Ottawa buyers notice the basics first. Light. Smell. Space to move. A tidy entry. Clear countertops. Fresh paint where it counts. You do not need a full renovation to make a big impact. You need a plan and consistency.

Your two-week countdown

Day 14 to 10
• Book your photographer, videographer, and measurements. We handle professional photography, videography, and additional marketing for every listing, so this is covered when you work with us.
• Schedule handyman help for quick fixes. Think caulking, loose handles, wobbly toilets, and squeaky doors.
• Order touch-up paint. Choose one neutral that matches your trim and main walls.
• Gather supplies. Magic erasers, glass cleaner, microfiber cloths, grout brush, wood polish, new furnace filter, and fresh silicone if needed.

Day 9 to 6
• Declutter surfaces and storage. Clear kitchen and bathroom counters to one or two items max. Pack seasonal gear. Ottawa garages and basements can swallow clutter. Use bins and label.
• Donate what you do not need. Box up duplicates, decor you have outgrown, and small appliances you never use.
• Start minor fixes. Patch nail holes, tighten hinges, replace burnt-out bulbs, and test all outlets and GFCIs.

Day 5 to 3
• Deep clean. Baseboards, window tracks, vents, and light fixtures. Degrease the kitchen. Polish stainless steel until streak-free. Buyers notice streaks on fridges and ovens.
• Refresh grout and silicone. A new bead around tubs and showers makes bathrooms look newer.
• Carpets and rugs. Spot clean or book a professional.
• Curb appeal tune-up. In spring and summer, edge the lawn, trim hedges, add fresh mulch, and clean the front door. In fall, rake and sweep. In winter, clear snow and ice and lay grit for walkways.

Day 2 to 1
• Style each space with purpose. Living room gets a simple coffee table setup. Bedrooms get made hotel-style with layered pillows. Bathrooms get fresh white towels and one plant or candle.
• Hide personal items. Photos, diplomas, collections. Keep it neutral so buyers can imagine themselves here.
• Pet plan. Arrange daycare or a friend for showings and photo day. Remove litter and pet odours.
• Air quality. Replace filters and open windows briefly to air out. Skip strong scents.

Room-by-room essentials
Entry
• Clear shoes and coats to a minimum. Add a sturdy mat for Ottawa's slush seasons.
• Touch up paint around trim and stair rails.

Kitchen
• Scrub sink and faucet until they shine.
• Remove fridge magnets and schedules.
• Limit counters to a coffee setup or a bowl of fruit and one attractive appliance.
• If cabinets are sticky, a degreaser and new hardware can work wonders.

Bathrooms
• New shower liner. Fresh white towels. Minimal toiletries.
• Re-silicone or re-grout where needed.
• Replace worn toilet seats and check for running water sounds.

Living and dining
• Reduce furniture to improve flow.
• Centre rugs under furniture.
• Replace heavy drapes with lighter panels to maximize daylight.

Bedrooms
• Neutral bedding. Matching lamps. Clear nightstands.
• Closets at least half empty to signal ample storage.

Basement and utility
• Brighten with higher lumen bulbs.
• Tidy storage shelves.
• Label mechanicals and leave recent service records where visible.

Exterior
• Power wash siding and walkways if weather allows.
• Paint or polish the front door hardware.
• Replace tired house numbers and mailbox for a quick lift.

Ottawa season-specific tips
Winter
• Keep driveways, stairs, and decks fully cleared and salted. Safety and ease matter to buyers and inspectors.
• Add warm lighting and throws to counter grey days.

Spring
• Tackle winter salt stains at the entry.
• Clean windows inside and out for maximum light.

Summer
• Maintain lawn edges and water planters consistently.
• Keep the house cool and ventilated during showings.

Fall
• Clear leaves from gutters and walkways.
• Stage the porch with seasonal planters and a clean doormat.

Photo and video day checklist
• Open all blinds and turn on every light. Replace any bulbs that do not match in colour.
• Hide bins, pet bowls, extra cords, and garbage cans.
• Park cars off the driveway if possible.
• Set the thermostat to a comfortable temperature. Buyers linger longer when they feel comfortable.

Daily showing routine
• Ten-minute reset. Beds made, towels hung neatly, counters wiped, toilet lids down, a quick vacuum of visible areas.
• Lights on and blinds open.
• Take pets out and remove bins.
• Leave a simple feature sheet on the kitchen counter and a small note with any special instructions for visitors.

Small upgrades with big returns
• Lighting. Swap yellowed bulbs for bright, consistent LEDs.
• Hardware. Matching door handles and cabinet pulls create a cohesive look.
• Paint. One weekend and a neutral palette can transform a space.
• Smart storage. Simple shelving in closets and the basement shows buyers the home is easy to live in.

Health and safety signals buyers notice
• Working smoke and carbon monoxide alarms on every floor.
• Clean furnace filter and a recent service tag visible on the unit.
• GFCI outlets near water sources.
• Clear paths and secure railings for all stairs.

What we handle for you
Every New Purveyors listing includes professional photography, videography, and additional marketing that covers print and social. We advise on the prep plan, coordinate trusted vendors, and make sure your home shows its best online and in person. If you need help with cleaning, handyman work, or lawn and snow services, we can introduce you to reliable local pros.

Ready to sell
When you are prepared, buyers feel it. The home looks brighter. Rooms feel larger. Showings go smoother. Offers come in stronger. If you would like a simple printable checklist version of this guide or a custom prep plan for your timeline, reach out. We are here to make the process clear and stress-free.

Ottawa’s Best Neighbourhoods for Walkability in 2025

Living downtown isn’t the only way to enjoy a car-free lifestyle in Ottawa. More and more buyers are asking about neighbourhoods where they can skip the daily drive, grab a coffee around the corner, and enjoy quick access to groceries, fitness studios, and local restaurants. If you’re thinking about buying a home or condo in 2025 and walkability is on your checklist, here are some of Ottawa’s top neighbourhoods to keep in mind.

Centretown
Centretown has long been a favourite for professionals who want everything at their doorstep. From Elgin Street’s restaurants to Bank Street’s shops and services, you can run your errands and meet friends without ever starting your car. The nearby LRT and bus routes make it easy to get across the city when you do need to travel.

The Glebe
With Lansdowne Park as its hub, The Glebe blends charming residential streets with modern conveniences. A Saturday morning might mean walking to the farmers’ market, catching a yoga class, and then heading down Bank Street for boutique shopping. It’s one of Ottawa’s most community-driven areas, and residents love how much is accessible by foot.

Westboro
Westboro has a strong mix of independent coffee shops, trendy restaurants, and outdoor access. The neighbourhood’s walkability is one of the reasons it’s so sought-after. You can pick up groceries, walk to the beach at Westboro Beach, or catch a bus or bike ride downtown. It’s perfect for anyone who wants both an active and social lifestyle.

Hintonburg
Hintonburg has built its reputation as one of the most eclectic areas in Ottawa, with an ever-growing selection of bakeries, cafés, and art spaces. Walk Score consistently ranks it as one of Ottawa’s most walkable neighbourhoods, thanks to its easy connections to Tunney’s Pasture, Wellington West, and the new LRT.

Sandy Hill
Close to the University of Ottawa and just a short walk to the ByWard Market, Sandy Hill offers a mix of heritage homes and newer condo buildings. For residents, daily errands can be accomplished on foot, with quick access to grocery stores, coffee shops, and the Rideau Centre.

Why Walkability Matters
Walkability isn’t just about convenience—it adds to your quality of life. Less time commuting means more time enjoying your home and community. It can also increase property value, as walkable neighbourhoods are often in higher demand.

If you’re considering a move in 2025 and want to focus on neighbourhoods that allow you to live more by foot than by car, Ottawa has plenty of great options.

What Kind of Condo Buyer Are You?

Buying a condo in Ottawa isn’t just about square footage or proximity to the LRT. It’s about how you want to live. Whether your idea of home means sipping espresso in Little Italy, catching sunsets over the Ottawa River, or hosting a few close friends in your building’s party room, the right building shapes your entire lifestyle.

But with dozens of neighbourhoods and hundreds of options, it can feel overwhelming. So let’s break it down. Here are five common types of condo buyers in Ottawa—and a few great building matches for each.

The Commuter

If you work downtown, across the river, or frequently travel for work, your top priorities are location and convenience. You want a condo with quick access to the LRT, bike lanes, and walkable neighbourhoods.

Claridge Moon is a strong option for commuters. Built directly above Lyon LRT Station, it gives residents front-door access to the city's core and public transit. The modern finishes, fitness centre, rooftop amenities, and pool make it comfortable to come home to after a long day.

Another great pick is Tribeca, located just off Bank Street in Centretown. It offers one of the best downtown locations for someone who wants to walk to work, pick up groceries at Farm Boy, and be minutes from the Rideau Canal.

These buildings attract buyers who value a smooth daily routine and want to spend less time commuting and more time enjoying life.

The Investor

As an investor, you’re focused on resale potential, steady tenant demand, and low vacancy. Your ideal building is in a great location, has strong long-term value, and appeals to young professionals or students.

Claridge Moon also works well for investors because of its direct LRT connection, making it desirable for tenants without vehicles. Units here have modern finishes, functional layouts, and access to amenities that renters love.

Another investor favourite is The Bowery at 255 Bay Street. With sleek modern finishes, a rooftop pool and gym, and easy access to Ottawa’s government and tech sectors, this building continues to attract steady interest from renters and owners alike.

If you’re investing in Ottawa’s condo market, well-located properties with unique selling points—like transit, views, or luxury amenities—tend to perform best.

The First-Time Buyer

First-time buyers want stylish, functional homes that don’t break the bank. They’re looking for a condo with personality and potential, ideally in a fun, walkable neighbourhood.

The East Market is a downtown favourite for first-time buyers. With its open-concept layouts, concrete ceilings, and industrial-chic finishes, it offers something a little different from the average cookie-cutter condo. It's also located steps from some of Ottawa’s best food, coffee, and nightlife.

Lumiere, near Bank and Nepean Streets, is another great choice. This building features modern finishes, floor-to-ceiling windows, and a great mix of layouts, making it ideal for someone buying their first home.

If you’re hoping to be a bit further west, 101 Richmond Road—also known as Westboro Station—puts you right in the heart of one of Ottawa’s most vibrant neighbourhoods. You'll have cafes, restaurants, boutiques, and transit access all within a few blocks.

First-time buyers are drawn to buildings like these because they strike the right balance between style, price, and location—without sacrificing long-term value.

The Luxe Buyer

For some buyers, only the best will do. Whether you’re upsizing, downsizing, or buying a second home, you want high-end finishes, sweeping views, exceptional amenities, and a building that makes a statement.

The Claridge Icon is Ottawa’s tallest residential building and a true standout in the city’s skyline. Located in Little Italy, it offers panoramic views, luxury interiors, and one of the most extensive amenity packages in the city.

Another top-tier option is Soho Lisgar. This boutique condo development offers refined finishes, a heated lap pool, a private theatre, and access to the exclusive Prime Minister’s Club lounge. It’s designed with luxury in mind and tends to attract buyers who appreciate quality and quiet elegance.

If you’re seeking a more classic downtown location, The Merit—across from City Hall—is known for its timeless architecture, attention to detail, and luxurious atmosphere.

These buildings appeal to buyers who care just as much about the building’s architecture and feel as they do about what’s inside their unit.

The Low-Maintenance Lover

Some buyers aren’t interested in high-rise hustle or oversized amenity packages. They want calm, simple, well-managed buildings where life is easy and maintenance is minimal.

The Pinnacle is one such option. It’s located in downtown Ottawa and offers comfortable, straightforward living without overwhelming bells and whistles. It’s ideal for those who want location without complication.

The Gardens, just west of Bay Street near the river, is another good match. Known for its tranquil setting and well-kept common areas, it offers a quiet retreat from city life while still being close to the action.

If you prefer a more modern feel but still want a quiet vibe, The Hideaway near Bank and Catherine Streets offers minimalist design and thoughtful layouts in a smaller, more tucked-away setting.

These buildings are often favourites of buyers who travel often, live part-time in Ottawa, or just want something peaceful and manageable.

Final Thoughts

You’re not just buying a condo. You’re choosing how you want to live.

Whether you’re looking for convenience, investment potential, first-home charm, high-end luxury, or simple stress-free living, there’s a condo in Ottawa that fits your lifestyle—not just your budget.

If you’re not sure where to start, our team has helped buyers at every price point, in every corner of the city. We know these buildings inside and out, and we’re here to help make your search smarter, faster, and way less stressful.

Let’s find the right condo for you.
Reach out today and let’s talk about what you’re looking for—no pressure, no guesswork, just good advice.

Let me know if you’d like a matching Instagram carousel or listing lead magnet to go with this post.

Ottawa Condo Living: What You Need to Know in 2025

Condo living in Ottawa has always appealed to a wide range of buyers, from first-time homeowners and busy professionals to retirees looking for convenience and location. With 2025 shaping up to be another interesting year for real estate, now is a good time to look at what makes Ottawa’s condo market unique, what buyers should consider, and how to choose the right building for your lifestyle.

The Appeal of Condo Living in Ottawa
Condos in Ottawa offer more than just a place to live—they offer a lifestyle. Many buildings are located in prime neighbourhoods like Centretown, Westboro, and the ByWard Market, where residents can enjoy walkable access to restaurants, shops, and the Rideau Canal. Amenities are another draw, with many newer builds including gyms, rooftop terraces, guest suites, and secure parking. For those who prioritize a low-maintenance lifestyle, condo fees cover many of the expenses that freehold homeowners manage on their own, such as building insurance, snow removal, and exterior upkeep.

What to Consider Before Buying
Before jumping into the market, it is important to carefully evaluate what you want out of a condo purchase. Location should always be top of mind. A smaller unit in a desirable, walkable neighbourhood can often hold its value better than a larger unit in an area with less demand. It is also worth looking into the building’s reserve fund and management history. A well-run condo corporation will ensure that long-term maintenance is planned for, avoiding unexpected special assessments down the road.

Buyers should also think about their future needs. Do you need extra space for a home office? Are you planning to grow your family? While condos are excellent for simplifying life, it is important to make sure the unit fits both your current and future lifestyle.

The Market in 2025
Ottawa’s condo market has remained relatively resilient compared to other major Canadian cities. While interest rates and market activity have shifted over the past few years, condos continue to attract steady demand, particularly in central neighbourhoods. Investors are also drawn to the market, as rental demand remains strong and vacancy rates are low.

For buyers, this means competition can still be expected in well-located buildings, especially for units that are move-in ready and priced competitively. Working with an agent who specializes in Ottawa condos can help you understand market trends, navigate bidding situations, and uncover opportunities in lesser-known buildings.

Neighbourhoods to Watch
Some neighbourhoods stand out as top choices for condo living in 2025.

  • Centretown remains a hub for professionals who want to walk to work and enjoy urban amenities.

  • Westboro offers a mix of luxury developments and boutique-style buildings, paired with access to the Ottawa River and some of the city’s best local shops.

  • Little Italy and Hintonburg continue to grow in popularity thanks to their vibrant culture, proximity to the new LRT line, and eclectic mix of restaurants and entertainment.

Each of these neighbourhoods has its own personality, and the right one will depend on your lifestyle priorities.

Final Thoughts
Buying a condo in Ottawa is about more than square footage or price per foot. It is about choosing a lifestyle that fits your needs today and into the future. With so many options across the city, working with an experienced real estate team ensures you make the best decision for your investment and your lifestyle.

If you are ready to start exploring Ottawa condos, our team at New Purveyors with RE/MAX Hallmark can help. We know the buildings, the neighbourhoods, and the details that make all the difference. Whether you are a first-time buyer or looking to invest, we would be happy to guide you through every step.

What to Look for in a Downtown Ottawa Condo (Beyond the Photos)

Buying a condo in downtown Ottawa is about more than just square footage and price. The lifestyle, amenities, and long-term value of the building all play a role in whether a purchase is truly right for you. While photos online can give you a glimpse, there are key details every buyer should pay attention to before signing on the dotted line.

Location Within the Building Matters

Two identical units can feel very different depending on where they’re located. A higher floor may give you panoramic views and less street noise, while a lower floor could mean easier access if you’re someone who prefers quick in-and-out convenience. Corner units often get more natural light, but they can also come with higher heating or cooling costs.

Building Reputation and Management

The quality of a condo is only as strong as the management behind it. A well-run condo corporation ensures that maintenance, repairs, and financials are handled smoothly. Before committing, review the building’s status certificate to understand its reserve fund and any upcoming major expenses. A healthy, transparent management structure protects your investment in the long run.

Amenities That Add Real Value

Ottawa condos vary widely when it comes to amenities. Some offer rooftop terraces, gyms, pools, or concierge services, while others stick to basics. The trick is identifying which features you’ll actually use versus which will simply increase your monthly costs. For example, if you never swim, you may not want to pay into maintaining a pool. Look for amenities that align with your lifestyle.

Community and Demographics

Every condo building has a “personality.” Some downtown buildings attract young professionals who enjoy a social atmosphere, while others are quieter and more appealing to downsizers. Walking through common areas, attending an open house, or talking to current residents can give you a sense of whether the community fits your lifestyle.

Long-Term Resale Potential

When you buy a condo, you’re not just purchasing a home — you’re making an investment. Factors like proximity to transit, walkability to restaurants and shops, and the reputation of the developer all influence resale value. In Ottawa’s downtown core, condos near the LRT, Parliament Hill, and major employment centres tend to hold value especially well.

Hidden Costs to Watch For

While you’ve promised me not to go into another “condo fees explained” blog, it’s worth remembering that fees aren’t the only recurring cost. Look into things like parking availability, storage lockers, and utility arrangements. In some buildings, hydro is included; in others, it’s separate. These small differences can add up significantly over time.

Photos can tell you a lot, but they rarely tell the full story. When shopping for a downtown Ottawa condo, it’s worth digging deeper — into the building’s management, amenities, community, and long-term potential. The right condo is one that fits not just your budget but also your lifestyle and future plans.

Ottawa’s Most Walkable Condo Neighbourhoods in 2025

When buyers start their condo search in Ottawa, one of the biggest factors they consider is location. It is not just about how close you are to downtown or how long your commute will be. For many, it comes down to whether you can step outside your front door and have everything you need within walking distance. That is where walkability comes in.

Walkability is more than a lifestyle choice. It can add long-term value to your condo, reduce your reliance on a car, and make your daily routine easier. From grocery shopping to grabbing a coffee or heading to a yoga class, living in a walkable neighbourhood means your home connects seamlessly with your life. Ottawa has plenty of options, but some condo neighbourhoods stand out as the best places to live if walkability is at the top of your list.

Centretown

Centretown is one of Ottawa’s most walkable neighbourhoods, with a Walk Score often in the mid-90s. Living here means you are steps away from Parliament Hill, Bank Street, and Elgin Street, each lined with restaurants, shops, and services. Grocery stores, gyms, coffee shops, and transit access are all within easy reach. For professionals working downtown, walking to the office can be faster than driving. Condos in Centretown are popular with first-time buyers and young professionals who want the convenience of being right in the heart of the city.

The Glebe

The Glebe is a neighbourhood that blends charm with modern amenities. It is home to Lansdowne Park, where you can find farmers’ markets, sporting events, concerts, and festivals. Along Bank Street, there are boutiques, cafés, and restaurants to explore. Everything from groceries to fitness studios is within walking distance, making it a practical yet vibrant area for condo living. For buyers who want the balance of community feel with the energy of an active neighbourhood, The Glebe is hard to beat.

Westboro

Westboro is known for its trendy shops, coffee culture, and proximity to the Ottawa River. While the Walk Score is typically in the mid-80s, the neighbourhood is highly livable without a car. Residents enjoy walking to bakeries, gyms, and clothing boutiques, and many take advantage of the bike paths and trails along the water. With easy access to the LRT, Westboro is also well connected to the rest of the city. Condos here appeal to buyers who value lifestyle and weekend activities as much as weekday convenience.

ByWard Market and Lowertown

If nightlife, dining, and culture are top priorities, the ByWard Market and Lowertown area is ideal. The Market offers some of Ottawa’s best restaurants, patios, and entertainment. Galleries, museums, and cultural institutions are also nearby, adding to the draw. With a Walk Score in the high 80s, it is one of the most active and lively neighbourhoods in the city. Buyers who choose to live here often want to be in the centre of it all, surrounded by energy and activity at all hours of the day.

Hintonburg and Mechanicsville

Hintonburg has grown into one of Ottawa’s most creative and vibrant neighbourhoods. Known for its craft breweries, art galleries, and local restaurants, it offers a community-driven vibe that appeals to professionals and young families. Mechanicsville, right next door, provides access to the same amenities with a slightly quieter residential feel. With the LRT at Tunney’s Pasture and plenty of shops and services within walking distance, these neighbourhoods are both convenient and full of character.

Why Walkability Matters for Condo Buyers

Condos in walkable areas often hold their value better over time, thanks to strong demand from buyers who prioritize location. Living in a walkable neighbourhood can also save money on transportation, improve quality of life, and provide easy access to community events and local businesses. Whether you are a professional who wants to skip the commute, a downsizer looking for convenience, or someone who simply enjoys being able to run errands on foot, Ottawa’s walkable condo neighbourhoods offer plenty of options.

Final Thoughts

Choosing the right condo is about more than just the building. It is about the lifestyle that comes with it. Walkability is a major part of that equation. Ottawa’s most walkable condo neighbourhoods, from Centretown to Westboro, offer the chance to live close to restaurants, shops, and services, while also connecting you to the energy of the city.

If you are curious about which condos in these neighbourhoods are the best fit for your lifestyle, reach out today. We know the Ottawa condo market inside and out and can help you find a home that matches both your budget and the way you want to live.

Ottawa Condos vs. Freehold Homes: Which Is Right for You in 2025?

Buying a home in Ottawa in 2025 often comes with one big question: should you purchase a condo or a freehold property? Each option has its own lifestyle perks, financial considerations, and long-term benefits. The right choice depends on what you want your day-to-day life to look like, how much maintenance you are prepared to take on, and what kind of investment makes the most sense for you.

Condos and freeholds both play an important role in Ottawa’s housing market. Condos are often associated with downtown convenience and modern amenities, while freeholds are seen as spacious, family-friendly options in suburban neighbourhoods. Both can be smart moves depending on your lifestyle and financial goals. Here is a closer look at how they compare in 2025.

Lifestyle Considerations

When it comes to lifestyle, condos and freeholds offer very different experiences.

Condos in Ottawa typically attract professionals, first-time buyers, and downsizers who value convenience. Living in a condo often means being close to public transit, bike paths, restaurants, and cultural attractions. Many buildings come with fitness centres, rooftop terraces, or concierge services, which add comfort without additional responsibility. For those who enjoy walkable neighbourhoods like Centretown, Westboro, or Little Italy, condo living offers a modern, low-maintenance lifestyle.

Freehold homes, on the other hand, are ideal for buyers who value privacy, more space, and outdoor areas. Families often prefer freehold properties because they offer backyards for children or pets, room for home offices, and larger kitchens or living spaces. The trade-off is that with more independence comes more responsibility for upkeep, from mowing the lawn to repairing the roof.

Financial Factors

The cost of ownership is one of the biggest differences between condos and freeholds.

Condos are generally more affordable to purchase upfront, particularly in Ottawa’s core. However, they come with monthly condo fees. These fees cover things like building insurance, maintenance of common areas, snow removal, and in some cases utilities. For many buyers, paying a predictable monthly fee is easier than managing surprise repair costs.

Freeholds typically come with higher purchase prices, especially as Ottawa’s suburban communities expand. While you do not pay condo fees, you are responsible for all maintenance and repairs yourself. A new roof, HVAC replacement, or foundation work can quickly add up, so budgeting for these expenses is key. Property taxes can also be higher for freehold homes, depending on location and lot size.

Market Trends in 2025

Ottawa’s 2025 housing market shows a continued divide between condo and freehold demand. Condos remain popular among young professionals, students, and investors who see strong rental demand downtown. Buildings near the LRT line, the University of Ottawa, and Tunney’s Pasture are performing well thanks to accessibility and convenience.

Freehold homes continue to dominate in areas like Kanata, Barrhaven, and Orléans, where buyers look for more space and newer builds. With new subdivisions being developed, freeholds remain the go-to option for families who want room to grow. That said, affordability concerns are keeping some buyers in the condo market longer than they initially expected.

Resale Value and Investment Potential

From an investment perspective, both condos and freeholds have value in different ways.

Condos in central neighbourhoods often see strong rental demand, making them attractive to investors. Short-term rental restrictions are tightening in some areas, but long-term rentals remain a steady option. Resale value depends on the building’s location, management, and amenities, but condos are generally seen as more liquid in the downtown market.

Freehold homes have historically appreciated at a stronger rate due to the limited supply of land. Buyers who hold onto their homes for several years often see significant gains, especially in growing suburban areas. Freeholds can also be more flexible for renovations and expansions, which can add value over time.

Who Each Option Fits Best

The best choice comes down to your lifestyle and long-term plans.

A condo is often the right fit if you:

  • Are a first-time buyer who wants to enter the Ottawa market at a more affordable price point

  • Prefer living downtown or in trendy, walkable neighbourhoods

  • Do not want to handle regular maintenance and yard work

  • Value amenities such as fitness centres, guest suites, and shared rooftop patios

A freehold home may be the better option if you:

  • Are looking for more space for family, pets, or hobbies

  • Want the flexibility to renovate or expand your home over time

  • Prefer having a backyard or private outdoor space

  • Are ready to take on the full responsibility of property maintenance

Choosing between a condo and a freehold home in Ottawa in 2025 is about more than just price. It is about the lifestyle you want, the level of responsibility you are comfortable with, and the type of investment that makes sense for your future.

Condos provide convenience, lower entry costs, and access to some of Ottawa’s most vibrant neighbourhoods. Freeholds offer space, privacy, and stronger long-term appreciation potential. Both are smart choices depending on your stage of life and financial goals.

If you are considering buying in Ottawa and want help deciding which option fits your needs, working with a local real estate professional can make all the difference. With years of experience in Ottawa’s condo and freehold markets, I can help you weigh the pros and cons and guide you toward the right decision.