Centretown, Ottawa

Neighbourhood Guide — August 2026

Avg Price

$2,149

Median Price

$2,149

Homes Sold

1

New Listings

0

For Sale

52

Avg Days on Market

58

Centretown Price Trends

Housing Breakdown

Active Listings by Type

Average Prices

Apartment
$322,207 (21 listings)
Multi-family
$890,973 (15 listings)
Commercial
$367,967 (6 listings)
Lots and Land
$3,780,975 (4 listings)
Residential
$957,425 (4 listings)
Townhouse
$464,900 (2 listings)

Centretown vs Ottawa Average

Centretown is 99.6% below the Ottawa average.

Metric Centretown Ottawa
Average Price $2,149 $543,184
Median Price $2,149 $553,500
Avg Days on Market 58 39
Homes Sold (Last Month) 1 124

About Centretown

Centretown is Ottawa's urban core neighbourhood, bounded roughly by the Queensway (Highway 417) to the south, the Rideau Canal to the east, Wellington Street to the north, and Bronson Avenue to the west. As the densest residential area in the city, Centretown has been the heart of Ottawa's non-parliamentary urban life since the late 19th century. The neighbourhood's street grid follows the original town plan laid out by Colonel By, with key corridors including Bank Street, Elgin Street, and Somerset Street. The area blends heritage row houses and walk-up apartments with newer mid-rise and high-rise developments. Centretown's character is defined by its walkability, its diverse population of young professionals, students, government workers, and long-time residents, and its concentration of restaurants, shops, and cultural venues. Dundonald Park and Minto Park serve as neighbourhood gathering spots, while the Rideau Canal offers year-round recreation. Browse homes for sale in Centretown, read the Ottawa city guide, or compare all neighbourhoods.

Nearby Amenities

Centretown's parks include Dundonald Park on Somerset Street, which hosts community events and a weekly farmers market, and Minto Park at Elgin and Lewis streets. The Rideau Canal, a UNESCO World Heritage Site, serves as a linear park and recreation corridor - used for skating in winter and boating and walking in summer. The neighbourhood offers dense retail along Bank Street, from independent bookstores and record shops to grocery options including a Farm Boy location. The Jack Purcell Community Centre on Elgin Street provides recreation programming, a pool, and gymnasium facilities. The Centretown Community Health Centre on Bank Street offers health services to area residents.

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