The Short Answer in 2026 Numbers

Published October 26, 2026. The honest read starts with the live feed behind this site. The October 14 report carries the snapshot. Specifically, it shows 805 condo listings for sale, a $376,000 median ask, and a 31-day median feed time. Therefore, the timing question turns on what those signals say about leverage and pace.

Key Takeaways

• First, 805 listings sit on the feed, and 321 new listings landed in October so far.
• In addition, the median asking price reads $376,000 with a middle band from $299,900 to $480,000.
• Specifically, a 31-day median feed time points to slow, patient absorption.
• Moreover, asking prices mark the visible ceiling. Closed-sale data does not appear in this feed, so the site does not estimate sold prices.
• Finally, entry level runs $169,000 now, and the high end reaches $3,300,000.

What the October Feed Shows by Size and Zone

Two-bedrooms move the middle of the market. Specifically, 458 of the 805 listings carry two bedrooms at a $395,000 median. In addition, 267 listings carry one bedroom at a $359,800 median. Together, the two-bed bracket runs about 57% of supply. Meanwhile, entry level starts at $169,000 and the high end reaches $3,300,000, which spans two very different buyer wallets.

Zones split just as clearly. For example, Sandy Hill and Lowertown hold 175 condos at a $329,000 median. In addition, Centretown and Downtown hold 113 condos at a $374,900 median. Meanwhile, Downtown West with Chinatown holds 97 condos at a $389,900 median. The Glebe and Old Ottawa South hold 84 condos at a $349,900 median. In short, the same monthly budget reaches different floors depending on the zone.

Reads That Point to Buyer Leverage

Three feed signals frame the timing question. First, a 31-day median feed time means the average condo waits about a month, which tilts negotiating room toward buyers. Second, 805 standing listings against 321 new October listings show supply still arriving faster than it clears. Third, the asking-price band runs wide, so well-priced units still move while overpriced units sit.

However, the honest limits matter as much as the reads. This feed carries asking prices only. For clarity, the October report states that closed-sale data does not appear in the feed. In addition, no estimates replace it. In other words, the reads describe pace and supply, and the final price signal still comes from the offer table.

Costs That Sit Above the List Price

The mortgage floor starts at 5% down on insured purchases below $500,000. On the $376,000 median, a 5% down payment works out to $18,800. The loan then carries CMHC’s 4.00% premium. That band covers the highest loan-to-value tier. The CMHC tables list every band.

Closing costs add their own layer. Specifically, Ontario land transfer tax on a $376,000 purchase computes to $4,115 before rebates. Qualifying first-time buyers then reclaim up to $4,000 at filing. Resale condos carry no HST on the purchase price. In addition, new construction carries 13% HST, and most builder offers fold in rebate credits. The CREA market-statistics page tracks the national backdrop behind these local numbers.

Watchers Also Track the Rental Side

Waiting carries its own price. Specifically, the median condo rent sits at $2,300 per month across 316 active rental listings. Meanwhile, one year at the median runs $27,600. As a result, some watchers weigh today’s rent against the carrying cost of the units they watch. In short, that comparison runs monthly rather than once.

Common Questions

Is a buyer’s market underway for Ottawa condos in 2026?

The feed reads slow and well supplied, with 805 standing listings and a 31-day median feed time. However, closed-sale data does not appear in this feed, so price discovery stays at the asking level for now.

Do closed-sale prices appear in the condo feed?

No. Asking prices drive this feed. For background, the October report states that closed-sale data does not appear. In addition, no estimates replace it.

How much down payment does a $376,000 condo need?

A 5% minimum down payment works out to $18,800 on an insured mortgage. At that band, the loan also carries CMHC’s 4.00% premium. A 20% down payment skips the insurance.

Where does Condo613 publish monthly condo numbers?

The monthly condo market report publishes each feed snapshot, and the condo listings page carries the live inventory.

Read the Feed, Then Ask

Peter Sagos, Right at Home Realty Brokerage, compiles the feed each month. In addition, the team answers questions through the contact page. The blog index carries every monthly report and guide.