Photo: Óðinn · CC BY-SA 2.5 caCentretown lives in apartments: 91% of its homes, beside 13% for Ontario’s towns
Asked in 2021, owners gave a median value of $500,000; averaged, their homes came to $592,192. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. Statistics Canada doesn’t publish sales in Ontario, so nothing here says what Centretown’s homes actually sold for.
Two ways to price a home in Centretown
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario.
median, owners’ estimate
- Average
- $592K
- Owners
- 5,005
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH). · Area behind the assessed values, values by property type and building permits figures: the city of Ottawa
On the assessment roll, Ottawa’s houses sit 74% above Ontario’s towns
Assessors listed 332,130 residential properties in Ottawa for 2024, 53% of them detached houses and 11% condos.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
Condominiums are 31% of Centretown’s homes, against 7% for Ontario’s towns
The 2021 census counted 20,405 occupied homes in Centretown. At least half predate 1981. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Centretown | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 31% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 4% | 5% | 3% |
| Households in core housing need | 16% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building ahead of Ontario’s towns: 24.3 new homes a year per 1,000 in Ottawa, against 15
Over 2018–2023, 58,242 homes were permitted in Ottawa, close to 9,707 each year. Single-unit buildings took 22%, the rest buildings of two or more, against 66% for Ontario’s towns.
Most in 2020: 11,449 new homes
New homes a year per 1,000 homes
Rising: 11,998 new homes in the 12 months to August 2026, 10% more
Monthly permits for the Ottawa-Gatineau metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Centretown is 28% below the $695,000 median of Ontario’s towns
The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Centretown: Lowertown West
Next to Centretown: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Centretown | $500K | $592K | 25% | |
| West Centretown | $624K | $639K | 24% | 1.2 |
| Glebe-Dows Lake | $1M | $1.16M | 49% | 1.4 |
| Old Ottawa East | $850K | $916K | 49% | 1.6 |
| Lowertown West | $448K | $551K | 33% | 1.9 |
| Sandy Hill | $576K | $679K | 25% | 1.9 |
| Lowertown East | $600K | $633K | 15% | 2.4 |
Census 2021 values; km.
Questions about property prices in Centretown
How many households in Centretown are in core housing need?
In Centretown, 16% of households are in core housing need, against 9% for Ontario’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Centretown expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Centretown’s is worth less.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).