What does a home in Centretown cost?

Heritage row houses and singles typically trade in the high $700,000s to mid $1Ms, with renovated and legal-duplex versions going higher. Golden Triangle and Bank Street condos generally run high $400,000s to high $700,000s — I'll pull live comps for the exact block and building you're considering.

Is Centretown good for families?

Yes — solid public schools (Elgin Street PS, Cambridge Street PS, Lisgar CI), three well-used parks (Dundonald, Minto, McNabb), and everything within walking distance. The trade-off against the suburbs is smaller lots and fewer detached homes at family-friendly prices.

How walkable is Centretown?

It's consistently among Ottawa's top walk-score neighbourhoods. Most residents are a 10-minute walk from groceries, restaurants, schools, and an LRT station — Lyon and Parliament sit right on the northern edge.

Are Centretown heritage homes a good investment?

They've held up well — fixed supply and steady demand from professionals and downsizers keep appreciation consistent. Many are legal or near-legal multi-unit conversions, which helps the cash-flow case, but I always check legal status and zoning before recommending an income-property purchase.

Which Centretown pocket should I look at?

The Golden Triangle, east of Elgin, is the upscale condo-and-heritage pocket. Bank Street and Gladstone Avenue carry most of the newer mid-rise condo stock. The streets around Minto and Dundonald parks are the family-friendly heritage core. Each has its own price band and feel.

A tree-lined Ottawa street at golden hour

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Ottawa · Centretown

Centretown Real Estate

By Bo Yu, Broker, Right at Home Realty, Brokerage

Bank Street, Elgin Street, the Golden Triangle, and the heritage blocks between Gladstone and the Queensway make up Centretown — the residential heart of downtown, and probably its most walkable family-friendly patch.

Buying a heritage row house, a Golden Triangle condo, or a new mid-rise on Bank? Here's the rundown before you start touring.

Prices, rates, and program rules change often. Treat the figures here as general guidance, not advice for your specific situation. Ask Bo for current OREB comparables, and confirm program eligibility with your lender or lawyer.

On the market

Homes for sale in Centretown

Condos, townhomes, semis, and detached homes from the Ottawa MLS board, refreshed daily. Commercial, land, and rental listings aren't included here.

Listing information is supplied by third-party brokerage and listing data sources. Status, price and details can change without notice, are believed reliable but are not guaranteed, and must be independently verified. Shown for personal, non-commercial use. Not intended to solicit properties already listed with another brokerage. Full disclosures.

Community overview

Centretown runs from the Queensway north to Gloucester, between Bronson and the Rideau Canal, taking in the Golden Triangle, the Bank Street corridor, and the heritage streets around Dundonald and Minto parks. Inventory splits roughly evenly between condo and heritage low-rise.

Tree-lined Ottawa street of century brick homes in autumn — Central Ottawa's century homes and mature maple canopy.

Schools in Centretown

Elgin Street Public, Cambridge Street Public, and Centennial Public serve the area, feeding into Lisgar Collegiate Institute. French-immersion runs through the OCDSB, with CECCE and CEPEO programs close by.

Transportation & commute

Lyon and Parliament stations sit right on Centretown's northern edge, and Bank Street runs frequent transit through the rest of it. Most people here walk or bike to work — it's one of the highest walk-score areas in the city.

Rideau Canal beside the Château Laurier in summer — The Rideau Canal — a UNESCO World Heritage site running through the city.

Parks & recreation

Dundonald Park, Minto Park, and McNabb Park cover the local green space, with the canal pathway close by and Commissioners Park and the Tulip Festival a short walk south at Dow's Lake.

Shopping & amenities

Bank Street carries the neighbourhood — independent shops, restaurants, and the Centretown Farmers' Market — while Elgin Street adds its own strip of restaurants and pubs. Rideau Centre is a 15-minute walk.

ByWard Market produce stalls in downtown Ottawa — ByWard Market — Ottawa's historic downtown shopping district.

Lifestyle

This is the pick for buyers who want downtown walkability without ByWard Market noise: strong on restaurants, festivals, and parks, with a more residential feel than the core blocks north of here.

Real estate market

Heritage row houses, often converted into two- or three-unit buildings, sit alongside a mid-rise condo market on Bank, Gladstone, and around the Golden Triangle. The heritage stock turns over slowly and gets bid up when it does list.

Average home prices

Heritage row houses and singles typically trade in the high $700,000s to mid $1Ms, more for renovated or income-generating versions. Golden Triangle and Bank Street condos generally run high $400,000s to high $700,000s depending on size, view, and building.

Who should live in Centretown

Walkable urbanists, federal professionals, downsizers leaving a suburban detached home, investors after a stable downtown rental pool, and first-timers happy to trade a yard for the lifestyle.

Questions People Ask

A few common questions

What does a home in Centretown cost?: Heritage row houses and singles typically trade in the high $700,000s to mid $1Ms, with renovated and legal-duplex versions going higher. Golden Triangle and Bank Street condos generally run high $400,000s to high $700,000s — I'll pull live comps for the exact block and building you're considering.
Is Centretown good for families?: Yes — solid public schools (Elgin Street PS, Cambridge Street PS, Lisgar CI), three well-used parks (Dundonald, Minto, McNabb), and everything within walking distance. The trade-off against the suburbs is smaller lots and fewer detached homes at family-friendly prices.
How walkable is Centretown?: It's consistently among Ottawa's top walk-score neighbourhoods. Most residents are a 10-minute walk from groceries, restaurants, schools, and an LRT station — Lyon and Parliament sit right on the northern edge.
Are Centretown heritage homes a good investment?: They've held up well — fixed supply and steady demand from professionals and downsizers keep appreciation consistent. Many are legal or near-legal multi-unit conversions, which helps the cash-flow case, but I always check legal status and zoning before recommending an income-property purchase.
Which Centretown pocket should I look at?: The Golden Triangle, east of Elgin, is the upscale condo-and-heritage pocket. Bank Street and Gladstone Avenue carry most of the newer mid-rise condo stock. The streets around Minto and Dundonald parks are the family-friendly heritage core. Each has its own price band and feel.

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Straight From the Source

Check the numbers yourself

These are the official sources I use for current Ottawa real estate data, government programs and buyer protection.

Tour Centretown with an experienced Ottawa realtor.

Get live comparables, school catchment maps, and the new-build pipeline for Centretown.

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