Condos for Sale in Ottawa
Over $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: $1.57M · 36 active · avg 44 days on market.
36 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Ottawa Over $1.5M
36 active · median $1.57M
Median List Price
$1.57M
Active Listings
36
Avg Days on Market
44 days
YoY Change
-6.7%
6-Month Median Price Trend
Dec
$1.60M
Jan
$1.56M
Feb
$1.54M
Mar
$1.57M
Apr
$1.58M
May
$1.52M
What is the average condo price in Ottawa in 2026?
The benchmark price for a condo in Ottawa in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 36 active listings, moving in an average of 44 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 buyer's market for condos in this band. Listings are sitting 44 days on average and prices are 6.7% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
Families helped in Ottawa
48+
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What $1.57M gets you in Ottawa.
Condos in Ottawa priced over $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 $1575K — down 6.7% year-over-year. Active inventory is moving in roughly 44 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$1.46M
$1.61M
$1.50M
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 over $1.5m?
As of 2026-05-01, the median list price for condos in Ottawa priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many condos are currently for sale in Ottawa in this price range?
There are roughly 36 active condos for sale in Ottawa priced over $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 over $1.5m are averaging 44 days on market. That gives buyers time to compare options and negotiate condition removal periods.
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 $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 36 active, median $1.57M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Ottawa advisor within 1 business hour.
Condos in Ottawa Over $1.5M
Median $1.57M · 36 active · 3.95% 5-yr fixed
Get pre-approved for a $1.26M mortgage.
Based on $1.57M 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.