Condos for Sale in Ottawa Centre, Ottawa, ON

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Neighbourhood in Ottawa

Ottawa Centre

lively walkable community-oriented

Ottawa Centre is a vibrant neighbourhood in Ottawa, known for its walkability and diverse amenities. It offers a mix of residential options and a lively atmosphere.

High walkability score of 99 Majority of residents are renters Good schools with an average rating of 7.2

At a glance

Photo of Unit 816, 255 Bay Street
For SaleNew ListingPanoramic Views
Listed for:

Listed 1 day ago

$439,900

Unit 816, 255 Bay Street

Ottawa (Ottawa Centre), ON K1R 0C5

1Bedroom
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 1009, 224 Lyon Street N
For SaleOpen House
Listed for:

Listed 1 day ago

$295,000

Unit 1009, 224 Lyon Street N

Ottawa (Ottawa Centre), ON K1R 0C1

0Bedrooms
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Sale

Photo of Unit 1601, 475 Laurier Avenue W
For SaleNew ListingCity View
Listed for:

Listed 1 day ago

$309,900

Unit 1601, 475 Laurier Avenue W

Ottawa (Ottawa Centre), ON K1R 7X1

2Bedrooms
1Bathroom
1Parking
900-999Sq Ft

Condo ApartmentFor Sale

Photo of Unit 1102, 200 Bay Street
For SaleNew Listing
Listed for:

Listed 2 days ago

$239,000

Unit 1102, 200 Bay Street

Ottawa (Ottawa Centre), ON K1R 7W8

1Bedroom
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 1001, 224 Lyon Street N
For SaleOpen HouseCity View
Listed for:

Listed 2 days ago

$345,000

Unit 1001, 224 Lyon Street N

Ottawa (Ottawa Centre), ON K1R 0C1

1Bedroom
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Sale

Photo of Unit 504, 360 Mcleod Street
For SaleOpen HouseSwimming PoolCity View
Listed for:

Listed 2 days ago

$389,900

Unit 504, 360 Mcleod Street

Ottawa (Ottawa Centre), ON K2P 1A9

1Bedroom
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Sale

Day to dayLivability

99

Walkability

out of 100 · averaged over 12 past and present listings

Average walk score reported on listings here

7.2

Schools near listings

out of 10 · averaged over 1,173 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

$599,900

8% below Ottawa 16% below Ontario

In Ottawa Centre

$599,900

In Ottawa

$649,900

In Ontario

$717,000

Median monthly rent

$2,275/mo

11% below Ottawa 9% below Ontario

In Ottawa Centre

$2,275

In Ottawa

$2,550

In Ontario

$2,500

$725

Per square foot

≈ 22 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

169

Median $599,900

Condos 137 · Houses 32

For rent

107

Median $2,275

Condos 57 · Houses 50

Recently sold

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Recently leased

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Market data as of 2026-10-10. 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

  • Great for walking and biking
  • Variety of grocery stores and pharmacies
  • Young, dynamic population
  • Affordable rent compared to city median

Keep in mind

  • Higher median rent than some areas
  • Limited public transit options
  • Ownership rate is low

The feel of the placeLifestyle

Daily life in Ottawa Centre is lively and convenient, with many amenities within walking distance. The area is popular among young professionals and families.

Great for young professionals first-time renters families

Within the boundaryWhat's nearby

The boundary

1.2 km²

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

6

Parks

8

Playgrounds

4

Grocery stores

44

Restaurants

8

Cafés

9

Gyms

7

Pharmacies

Counted across all 1.2 km² of Ottawa Centre. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.5/10

Average rating of the 1 rated school in this area

3

Elementary

1

Secondary

  • Elgin Street Public School

    Public · Grades JK–6 · Ottawa-Carleton DSB

    7.5/107.3 over 5 yrs

    571st of 3,045 Ontario elementary schools

    370 students · EQAO 2024-2025

  • Glashan Public School

    Public · Grades 7–8 · Ottawa-Carleton DSB

    Not rated

    315 students

  • Richard Pfaff Intermediate School

    Public · Grades 6–8 · Ottawa-Carleton DSB

    Not rated

  • Richard Pfaff Secondary Alternate Site

    Public · Grades 9–12 · Ottawa-Carleton DSB

    Not rated

    225 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Ottawa Centre, 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

11,001

Population (2021)

1.2 km²

Area

9,445

People per km²

33.9

Median age

$70,780

Median income

20%

Own their home

1.6

People per household

6,670

Households

Every age

  • Children (under 15)7.4%
  • Working age (15–64)83.1%
  • Seniors (65+)9.5%

What is built here

  • Detached houses4.7%
  • Semi-detached3.1%
  • Townhouses4.1%
  • Duplexes3.3%
  • Low-rise apartments37.7%
  • High-rise apartments46.7%
  • Other attached homes0.5%

Own or rent

20%Owners

80%Renters

Across 6,670 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier43%
  • 1961–198024%
  • 1981–19907%
  • 1991–20005%
  • 2001–20052%
  • 2006–20104%
  • 2011–20159%
  • 2016–20215%

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.

19.1%
Born outside Canada
57.3%
Hold a degree or higher
68.2%
Employment rate
15.1%
Commute by transit
40.8%
Commute by car
1.6
Children per family
$61,783
Median income after tax
$88,491
Average household income
16.8%
Living on a low income
$1,347/mo
Renters pay, per month
$2,027/mo
Owners pay, per month
$644,339
Median home value at census
35.9%
Renters spending 30%+ of income on housing
11.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 16 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 Condo apartments only Through September 2026 Deep sales history

What condos in Ottawa Centre actually sell for

At least 213 condos changed hands in Ottawa Centre over the 12 months to September 2026. Half sold above $421,627 and half below, 0.9% lower than the 12 months before. A typical condo found its buyer in 39 days — 2 days slower than a year ago.

11 of the last 12 months had at least 5 closed condos sales in Ottawa Centre. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median sold price
$422K
-0.9% year over year
Days to sell
39
2 days slower
Sales closed
213
last 12 months
Per square foot
$526
from 205 sized sales

Three years of sold prices

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

$981K$721K$461K$201K
Feb ’24Dec ’24Oct ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$972,700

on a $1,000,000 asking price — under ask by $27,300

−10%Asking price+10%
Of the asking price
97.3%
Sold over asking
5.6%

From 213 sales that closed here in the last 12 months.

Rent or buy in Ottawa Centre

15.6 years

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

Median sold price

$421,627

213 sales

Median rent

$2,250/mo

350 leases

Gross rental yield

6.4%

before costs

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

How fast it moves

Median days on market, month by month. Taller means slower.

Sep 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Ottawa Centre, sales
Monthly closed sales in Ottawa Centre
MonthClosedMedianMiddle halfDays% of ask
Sep 202621$411,429$335K – $564K4096.2%
Aug 202624$426,375$326K – $607K3498.0%
Jul 202622$442,250$336K – $633K4796.2%
Jun 202621$386,286$320K – $579K3696.8%
May 202621$403,286$270K – $512K3396.9%
Apr 202626$414,231$255K – $485K4097.7%
Mar 202628$456,321$348K – $618K4197.9%
Feb 20267$418,000$388K – $463K3298.4%
Jan 20265$435,000$410K – $578K7196.5%
Nov 202517$418,765$335K – $520K2998.4%
Oct 202521$421,714$398K – $487K3597.0%
Sep 202530$498,487$367K – $927K3997.6%
Aug 202521$403,619$357K – $470K4298.1%
Jul 202522$395,682$325K – $450K3797.5%
Jun 202524$411,750$353K – $470K3796.4%
May 202523$435,435$386K – $563K2298.2%
Apr 202529$426,931$353K – $553K2797.6%
Mar 202517$420,000$369K – $506K4597.7%
Feb 202528$423,221$389K – $544K3097.3%
Jan 20258$420,000$365K – $529K4997.2%
Dec 202412$415,500$305K – $478K3997.0%
Nov 20247$469,500$391K – $566K3497.5%
Oct 202426$385,288$315K – $471K4397.5%
Sep 20248$391,500$359K – $447K2897.5%
Aug 202429$455,483$394K – $553K3497.4%
Jul 202421$400,000$340K – $433K3097.5%
Jun 202431$449,984$385K – $519K3198.6%
May 202425$445,000$319K – $605K2597.7%
Apr 202423$469,196$441K – $723K2698.4%
Mar 202423$422,935$362K – $582K2398.6%
Feb 20248$343,500$324K – $405K2598.4%

What people ask about Ottawa Centre

How much does a condo cost in Ottawa Centre?

Condos in Ottawa Centre sold for a median of $421,627 over the 12 months to September 2026, across at least 213 closed sales — half sold for more and half for less. That is 0.9% lower than the 12 months before it.

How long does it take to sell a condo in Ottawa Centre?

A condo in Ottawa Centre took a median of 39 days on the market over the 12 months to September 2026. Condos there closed at 97.3% of the asking price on average, with 5.6% selling over asking.

How much is rent for a condo in Ottawa Centre?

The median condo lease in Ottawa Centre closed at $2,250 a month over the 12 months to September 2026, across at least 350 leases.

Is it cheaper to rent or buy a condo in Ottawa Centre?

A condo in Ottawa Centre costs about 15.6 years of the rent on one — the median price of $421,627 against a median rent of $2,250 a month, a gross yield of 6.40%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Ottawa Centre 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 condo. Not an appraisal or an opinion of value.