If you’ve been thinking of buying a home lately, it’s likely that you’ve considered purchasing a condo. The Ottawa condo market has experienced some significant growth, and there are more options available for buyers than ever before. At one time, condominium lifestyles were often associated with young, urban professionals or downsizers who weren’t looking for much living space and who preferred to be close to the amenities offered downtown. Now, with new condos being constructed throughout Ottawa’s many neighbourhoods, the variety of condo options has become appealing to a wider range of buyers.
Ottawa Condos Are a Great Choice for First-Time Buyers
Condos are often a more affordable option than a single family home, particularly in the highly sought-after neighbourhoods in central Ottawa, making them a great choice for first-time buyers. For those who want to find an affordable home that’s located close to work, school, and downtown amenities, the right condo can be the perfect match. Centretown is a top location choice for these buyers, although surrounding areas like Hintonburg, Westboro, Little Italy, and the ByWard Market are also high on the list. These neighbourhoods are highly walkable and are located close to Ottawa-wide transit services, both of which are popular features for those looking to keep their living expenses down.
While condos are continuing to grow in popularity across the city, downtown living will always be appealing to some. As the capital of the country, Ottawa’s downtown offers all the shopping, restaurants, and nightlife you’d find in many Canadian cities with the additional benefit of many national landmarks, historical sites, museums, and more. While it’s primarily known as a government town, Ottawa’s downtown features some of the country’s oldest and most beautiful structures, including the Parliament buildings and the Chateau Laurier.
Cathedral Hill in the Heart of Downtown Ottawa