New Condos for Sale in Ottawa

Ottawa's new condo market is driven by urban intensification, with the majority of new high-rise and mid-rise projects concentrated along the LRT corridor — Centretown, Lebreton Flats, Westboro, and the ByWard Market. Claridge Homes is Ottawa's most active condo developer, with multiple active projects offering studio to three-bedroom units. Pre-construction condos appeal to investors seeking rental income in Ottawa's tight vacancy market (sub-2%), as well as young professionals and downsizers who want low-maintenance urban living. Pricing for new condos in Ottawa typically ranges from $300K for a one-bedroom to $600K+ for larger two- and three-bedroom units with premium finishes. When buying pre-construction, buyers should understand the interim occupancy period (you move in before the condo is registered, paying occupancy fees instead of a mortgage), HST implications on new builds, and the builder's track record on delivery timelines. Condo fees on new buildings tend to be lower initially but increase as the building ages and the reserve fund grows. A REALTOR® experienced in new condo purchases can help you evaluate floor plans, compare projects, and negotiate assignment clauses if your plans change before closing.