Condos for Sale in Ottawa
$1M – $1.5M
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Ottawa this band: $1.05M · 31 active · avg 14 days on market.
31 active · median $1.05M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Ottawa $1M – $1.5M
31 active · median $1.05M
Median List Price
$1.05M
Active Listings
31
Avg Days on Market
14 days
YoY Change
-6.7%
6-Month Median Price Trend
Dec
$1.01M
Jan
$1.06M
Feb
$1.02M
Mar
$1.06M
Apr
$1.01M
May
$1.07M
What is the average condo price in Ottawa in 2026?
The benchmark price for a condo in Ottawa in 2026 is approximately $1.05M based on the latest CREA MLS® HPI release. Within the $1m – $1.5m band there are currently 31 active listings, moving in an average of 14 days on market. Prices are down 6.7% year-over-year.
Is Ottawa a buyer's or seller's market right now?
Ottawa is currently a balanced market for condos in this band. Inventory is turning over in 14 days with prices down 6.7% year-over-year. Neither side has decisive leverage right now.
Families helped in Ottawa
48+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
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What $1.05M gets you in Ottawa.
Condos in Ottawa priced $1m – $1.5m are tracking against a CREA MLS® HPI benchmark of $386K for the ottawa area. Within this band the median list comes in near $1050K — down 6.7% year-over-year. Active inventory is moving in roughly 14 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$1.02M
$1.01M
$1.02M
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Ottawa.
Keep exploring Ottawa.
Other property types
Ottawa Condo FAQ
What is the median price for condos in Ottawa $1m – $1.5m?
As of 2026-05-01, the median list price for condos in Ottawa priced $1m – $1.5m sits at approximately $1.05M based on active MLS inventory.
How many condos are currently for sale in Ottawa in this price range?
There are roughly 31 active condos for sale in Ottawa priced $1m – $1.5m. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Ottawa?
Condos in Ottawa priced $1m – $1.5m are averaging 14 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.
Are Ottawa condo prices going up or down?
Year-over-year median condo prices in Ottawa (this band) are down 6.7%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Ottawa?
On a $1.05M purchase with 20% down, you'd carry a mortgage of about $840K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $5,133 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 31 active, median $1.05M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Ottawa advisor within 1 business hour.
Condos in Ottawa $1M – $1.5M
Median $1.05M · 31 active · 3.95% 5-yr fixed
Get pre-approved for a $840K mortgage.
Based on $1.05M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.