Ottawa, Ontario, Canada
As of August 12, 2026, the median asking price in Centretown, Ottawa is $498,000, across 249 active MLS® listings.
Those listings have been on the market an average of 64 days.
69 new listings came to market in Centretown in the last 30 days.
Asking prices work out to about $522 per square foot, based on the 30 listings that report floor area.
Condos in Centretown are listed at an average of $473,733 across 160 active listings.
Multi-family properties in Centretown are listed at an average of $1,710,212 across 17 active listings.
Commercial properties in Centretown are listed at an average of $274,720 across 15 active listings.
Homes in Centretown are listed at an average of $2,922,211 across 12 active listings.
Centretown is Ottawa’s dense, walkable downtown neighbourhood west of the Canal, characterized by a mix of heritage homes, mid- and high-rise condos, purpose-built rentals, and small commercial strips along Bank Street, Elgin Street, Somerset, and Gladstone. It attracts a broad renter base—federal government and professional workers, students from nearby uOttawa/Carleton access corridors, and newcomers—supporting steady rental demand for studios to two-bed units. Key amenities include Dundonald Park, the Rideau Canal and pathways, quick access to Parliament Hill, the ByWard Market, and major employment nodes, plus abundant restaurants and everyday services.
Transit access is a major draw: frequent OC Transpo service, proximity to the Confederation Line stations at Lyon and Parliament (and easy bus connections to Pimisi/Bayview), and strong cycling infrastructure. Schools include Centretown Community Health Centre programs nearby, public and Catholic options in and around the core, and easy reach to post-secondary campuses. Real estate trends skew condo-heavy with ongoing infill and renovation activity; pricing is typically more resilient than suburban markets due to land scarcity and employment proximity, though returns can be moderated by condo fees and tighter cash flow on newer builds. Overall, Centretown tends to suit investors targeting stable occupancy and long-term appreciation with moderate yields.
Centretown currently has 440 active for-sale listings with a median asking price of $504,900 and an average of $420/sqft, giving buyers solid selection and clear pricing benchmarks. Homes are taking about 76 days on market, suggesting conditions that reward patience and negotiation, while 104 new listings in the past 30 days point to steady turnover and ongoing opportunities for both buyers and investors watching for well-priced units.
Walk Score 100 · Transit Score 91 · Bike Score 99
The median asking price in Centretown, Ottawa is $498,000, across 249 active MLS® listings as of August 12, 2026. The average asking price is $775,097. These are list prices on homes currently for sale, not sale prices.
There are 249 active MLS® listings in Centretown, Ottawa as of August 12, 2026. 69 of them came to market in the last 30 days.
Homes currently listed in Centretown, Ottawa have been on the market an average of 64 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 249 homes currently listed in Centretown, Ottawa, 64% condos, 7% multi-family homes, 6% commercial properties, 5% duplexes.
Centretown has a Walk Score of 100 out of 100, which Walk Score classifies as a Walker's Paradise — daily errands do not require a car. Transit Score is 91. Bike Score is 99.