Ottawa, Ontario
As of September 27, 2026, the median asking price in Centretown, Ottawa is $477,400, across 186 active MLS® listings.
Those listings have been on the market an average of 59 days.
73 new listings came to market in Centretown in the last 30 days.
Condos in Centretown are listed at an average of $476,322 across 143 active listings.
Multi-family properties in Centretown are listed at an average of $1,560,073 across 11 active listings.
Duplexes in Centretown are listed at an average of $889,130 across 10 active listings.
Detached homes in Centretown are listed at an average of $1,152,389 across 9 active listings.
Downtown condo living beside Parliament Hill
Centretown is where Ottawa lives most like a city: dense, practical, and walk-first.
This is a high-convenience, inner-city neighbourhood defined by condominium apartments, daily errands done on foot, and a transit network that connects quickly across central Ottawa. The appeal is proximity to downtown, services, and culture in a setting that feels active most days of the week. It is not a low-density, quiet, or car-oriented neighbourhood, and it is not defined by large, private outdoor space.
Centretown is made up mostly of condominium apartments, with an urban pattern of mid- and high-rise living and other multi-unit housing that supports a dense downtown lifestyle. Many homes prioritize convenience, shared building services, and proximity to daily amenities over private outdoor space.
A typical home in Centretown is a condominium apartment in a multi-unit building with shared ownership and building operations as part of the package.
In Centretown, the building is a major part of what you’re buying—condition, operations, and the practical realities of shared ownership matter as much as the unit itself. Also look closely at how the home fits your day-to-day mobility: walking, biking, and transit will shape how the location feels.
Review what condominium fees cover and how the building is managed, since the neighbourhood is mostly condominium apartments. In a condo-heavy market, the building’s ongoing stewardship is a key differentiator.
Confirm what comes with the unit—parking and storage arrangements vary widely in condo settings. Even with very high walk, bike, and transit scores, parking can still matter for some routines.
Pay attention to floor level and exposure, because nearby density can affect daylight, views, and noise. Two units in the same area can live very differently.
If transit access is part of why you’re choosing Centretown, map your day-to-day connection to nearby stations like Bank Station, Bay Station, Mackenzie King station, uOttawa station, and Lebreton station.
Selling in Centretown comes down to two comparisons buyers make: your home against what else is for sale, and this location against the alternatives.
Buyers weigh your home against the homes listed in Centretown right now. The current listings and asking prices are in the Market section of this page.
Put the places a buyer will use in the listing: Lisgar Parkette, Dundonald Park and Steve MacLean Park.
Centretown has a Walk Score of 100: daily errands do not require a car. State it plainly, so the buyers it suits find your home.
Photography, condition and first impressions decide which listings buyers book to see. Have the home ready before it goes live.
Centretown offers a specific kind of Ottawa life: condo-forward, transit-connected, and genuinely walk-first, immediately south of Parliament Hill. It works when daily convenience, density, and access to services matter more than private space. It is not the right match for buyers prioritizing a detached-home feel, quiet separation, or a driving-first routine as the default.
This description is compiled from the figures above and from published sources. It is not a statistic.
Centretown currently has 186 active for-sale listings with a median asking price of $477,400 and an average of 59 days on market so far, suggesting buyers have time to compare options and negotiate rather than needing to move immediately. With 73 new listings added in the past 30 days, fresh supply is coming online, which can create opportunities for buyers and investors to target well-priced units while paying close attention to listings that sit longer and may be more flexible on terms.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Walk Score 100 · Transit Score 91 · Bike Score 99
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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