$175,000
For sale: Apartment

Why rent when you can own? This spacious 1-bedroom, 1-bath condo offers exceptional value at just $175,000, making it one of the most affordable ownership opportunities within the city. Larger than some 2-bedroom condos, this bright and generously sized unit features large south-facing windows that fill the home with natural light and a private south-facing balcony to enjoy sunny days. The updated kitchen and bathroom provide peace of mind, while included appliances and a designated parking space add convenience. Low property taxes help keep monthly costs affordable, making this an excellent option for first-time buyers, downsizers, students, or investors. Ideally located next to a Community Centre and surrounded by recreation, shopping, and everyday conveniences. Walk to groceries, enjoy the extensive amenities of Heron Gate, and take advantage of excellent transit connections. Close to The Ottawa Hospital, Carleton University, Orlando Park, and countless restaurants, shops, and services. A fantastic opportunity to get into the market at a price point where options are increasingly rare. Move in, add your personal touches, and enjoy outstanding value in a central, amenity-rich location.
Sold data
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,342 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.
The median sale price was $649,000.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 2,342 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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