Pre construction Homes in Ottawa Under $500K
120+ Pre construction Homes in Ottawa, ON | Explore Floor Plans, Pricing & Availability. Condomonk has over 120 pre construction homes from trusted builders in Ottawa, ON. If you are looking to buy resale homes, Condomonk is your trusted platform to find 1000+ homes for sale in Ottawa. Whether you are looking to downsize to buy townhomes for sale in Ottawa or looking to buy condos in Ottawa for your family or browsing Ottawa detached homes for sale, our platform is updated daily with latest resale listings every hour. For new development homes, easily filter by number of bedrooms (1 to 4+), project type, and construction status from budget-friendly condo to a pre construction homes, contact us to connect you to the most exciting real estate opportunities in Ottawa.Last Updated: May 21, 2025
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Pre Construction Home in Ottawa – Explore New Upcoming Projects, Prices Ranges & Floor Plans
Looking for the ideal pre construction home in Ottawa? You have found the right place. The pre construction home market in Ottawa is booming, with new projects going up in top neighbourhoods such as Seton, Belmont, and Downtown. Searching for a stylish condo or a big detached house, you can find more than 20+ pre construction homes in Ottawa available on Condomonk.
A pre construction home in Ottawa provides the option to personalize your ideal space at competitive pricing with contemporary features. 1-bedroom to 3+ bedroom houses, the choices are unparalleled. Top builders are providing pre construction houses in Ottawa with versatile floor plans, efficient designs, and family-orientated layouts to fit any lifestyle.
Investing in a Ottawa pre construction home provides you with early availability of pricing, incentives, and the top units in emerging communities. Discover floor plans in precise detail, handover dates estimated, and builder portfolios — everything under one roof. Whether you're purchasing your first home or growing your portfolio, a Ottawa pre construction home is a sound decision.
Begin your search now — view the newest listings for a pre construction home in Ottawa, compare projects, and speak with reliable local real estate professionals. Get first access to exclusive listings and find your dream pre construction home in Ottawa at Condomonk.
All Pre Construction Projects in Ottawa | Last Updated May 21, 2025
| Project Name | Type | Status |
|---|---|---|
| Orleans Village | Townhome | Upcoming |
| River Pointe Ottawa | Detached | Selling |
| Eastboro - Phase 4 | Townhome | Upcoming |
| Parkside at Arcadia | Townhome | Selling |
| Anthem | Condo | Selling |
| Quinns Pointe | Townhome | Selling |
| Tapestry by the Rideau | Detached | Upcoming |
| Embrun Central | Townhome | Selling |
| Wateridge Village at Rockcliffe | Townhome | Selling |
| Locale By Mattamy | Townhome | Upcoming |
| Succession Court | Townhome | Selling |
| Half Moon Bay | Condo | Selling |
| Quinn's Pointe | Townhome | Selling |
| Monocle | Condo | Upcoming |
| Greenhaus (Former) | Condo | Upcoming |
| 4639 Bank Street Condos | Condo | Upcoming |
| 175 Richmond Road Condos | Condo | Upcoming |
| Q West Condos - Phase 2 | Condo | Upcoming |
| East Flats - Remaining Phases | Condo | Upcoming |
| The Ridge Towns | Townhome | Selling |
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Discover an extensive selection of pre construction homes in Ottawa Under $500K. Our curated list showcases the latest developments, offering a range of options from affordable condos to luxurious townhomes. Whether you're a first-time buyer or looking to invest, these new construction properties in Ottawa provide excellent opportunities in various neighborhoods.
Ottawa Real Estate Market Update – April 2025
As we approach spring, Ottawa's real estate market is seeing a mix of stability in home prices and moderation in overall sales activity. Whether you're a buyer, seller, or investor, this latest data will help you make informed decisions.
Home Sales Continue to Cool
The Ottawa MLS® system sold 1,306 residential properties in April 2025, a notable 11.2% decrease from April 2024. More general trends include:
- Year-to-date (Jan–Apr 2025) home sales reached 3,965 units, down 5.4% from the same period in 2024.
- Sales were 17.6% lower than the 5-year April average.
- Sales were 16.2% below the 10-year average.
What this means: The Ottawa market is seeing less activity due to rising interest rates, affordability concerns, and economic uncertainty. This creates opportunities for buyers with less competition.
Benchmark Prices Hold Steady
The MLS® Home Price Index (HPI) helps track price trends by accounting for property differences. Here's how benchmark prices looked:
| Property Type | Benchmark Price | Year-over-Year Change |
|---|---|---|
| All Property Types | $631,200 | ↑ 1.1% |
| Single-Family Homes | $703,200 | ↑ 1.0% |
| Townhomes/Row Units | $440,000 | ↑ 4.4% |
| Apartments | $404,000 | ↓ 2.8% |
While townhomes for sale in Ottawa are seeing the strongest growth, apartments in Ottawa have dipped slightly — possibly a buying opportunity.
Average Prices Remain Stable
In addition to benchmark prices, average selling prices remained relatively flat:
| Metric | Price | Year-over-Year Change |
|---|---|---|
| Average Price (April 2025) | $707,180 | ↑ 0.4% |
| YTD Average Price | $685,943 | ↑ 1.1% |
Insight: Despite lower sales, detached homes in Ottawa and townhomes continue to hold value, showing seller expectations remain firm.
Inventory on the Rise
Supply is growing, even as sales slow:
- New listings in April reached 2,589 — down 3.8% from April 2024.
- However, new listings were:
- 2.8% higher than the 5-year average
- 5.6% higher than the 10-year average
- Active listings reached 4,878 — a 54.2% increase year-over-year.
| Inventory Metric | Status | Year-over-Year Change |
|---|---|---|
| Active Listings (April End) | 4,878 units | ↑ 54.2% |
| vs 5-Year Average | — | ↑ 86.9% |
| vs 10-Year Average | — | ↑ 51.3% |
Why it matters: A growing inventory means more options for buyers and a need for sellers to price strategically.
Total Dollar Volume Drops
The total dollar volume of homes sold in April was $923.6 million — down 10.8% from April 2024.
Lower volume indicates fewer high-ticket transactions and a shift toward more budget-friendly homes like semi-detached homes in Ottawa.
What This Means for Buyers and Sellers
The Ottawa real estate market in April 2025 reflects balance. While buyer demand has cooled, prices remain stable. If you're a buyer, this may be a good time to explore:
For sellers, this is a time to be mindful of increasing inventory and adjust pricing strategies to stay competitive.
Discover Homes for Sale in Ottawa – Explore Resale Options
If you're searching for homes for sale in Ottawa, it's worth checking out resale properties in addition to preconstruction homes. Resale homes in Ottawa offer immediate move-in options, perfect if you’re looking to settle without the wait.
Why Consider Resale Properties in Ottawa?
- Immediate Availability – Skip the wait and explore move-in ready homes today.
- Great Deals – Find price reduced homes in Ottawa that suit your budget.
- Established Communities – Resale homes are typically in well-established, desirable locations.
Check out our resale homes for sale in Ottawa and discover the perfect property for you.
Explore All Resale Properties in Ottawa
Discover Ottawa: A New Home for Modern Living
Ottawa, Canada’s capital city, is not just the heart of the nation’s politics—it’s a hub for culture, education, and innovation. With its rich history, world-class amenities, and thriving communities, Ottawa is an ideal destination for homeowners and investors. Its diverse selection of new construction homes, including condos, townhomes, and detached homes, offers something for everyone. Whether you’re a first-time buyer or looking to upgrade your lifestyle, Ottawa’s new developments provide endless possibilities.
Why Choose New Homes in Ottawa?
New construction homes in Ottawa are designed to suit modern lifestyles, combining functionality, style, and convenience. Here’s why they stand out:
- Prime Locations: Live near top schools, vibrant shopping districts, and picturesque parks.
- Diverse Housing Options: From sleek new condos downtown to spacious detached homes in the suburbs, there’s a perfect fit for every buyer.
- Modern Features: Enjoy smart home systems, energy-efficient designs, and premium finishes.
- Great Connectivity: With excellent transit options and proximity to major highways, Ottawa ensures easy travel and commuting.
Featured New Developments in Ottawa
Here are some of the most anticipated new construction projects in Ottawa:
Project Location: Ottawa
Borrisokane Road, Ottawa, ON
Postal Code: K2J 4J4
Developed by: Caivan Communities
Storeys: 2
2. East Flats - Remaining Phases
Project Location: Ottawa
301 Lett Street, Ottawa, ON
Postal Code: K1R 0E6
Developed by: Claridge Homes
No of units: 592
Project Location: Ottawa
114 Richmond Road, Ottawa, ON
Postal Code: K1Z 6V9
Developed by: Ashcroft Homes
No of units: TBA
Project Location: Ottawa
4639 Bank Street, Ottawa, ON
Postal Code: K1T 3W6
Developed by: Glenview Homes
No of units: 112
Project Location: Ottawa
175 Richmond Road, Ottawa, ON
Postal Code: K1Z 6W4
Developed by: Claridge Homes
No of units: 241
Project Location: Ottawa
1545 Bank Street, Ottawa, ON
Postal Code: K1H 7Z1
Developed by: Green Eagle Development Inc.
No of units: 140
Project Location: Ottawa
91 Shannon Street, Ottawa, ON
Postal Code: K1Z 6V9
Developed by: Ashcroft Homes and Choo Communities
No of units: 62
Project Location: Ottawa
4005 Strandherd Drive, Ottawa, ON
Postal Code: K2J 3W4
Developed by: Minto Communities
No of units: TBA
By Mattamy Homes Canada
Starting from Low $ 664.99k
Project Location:378 Crossway Terrace, Ottawa, ON
Units:TBA
By Mattamy Homes Canada
Starting from Low $ 434.99k
Project Location:3454 Greenbank Road, Ottawa, ON
Units:TBA
By Tartan Homes
Starting from Low $ 644.63k
Project Location:3913 Kelly Farm Drive, Ottawa, ON
Units:45
By Glenview Homes
Pricing not available
Project Location:108 Succession Court, Ottawa, ON
Units:68
By Tartan Homes
Starting from Low $ 1.03M
Project Location:517 Edenwylde Drive, Ottawa, ON
Units:35
By Mattamy Homes Canada
Pricing not available
Project Location:2370 Tenth Line Road
Units:142
By eQ Homes
Starting from Low $ 491.9k
Project Location:42 Richelieu Street, Embrun, ON
Units:149
By eQ Homes
Starting from Low $ 544.9k
Project Location:235 L'etang Street, Clarence-Rockland
Units:TBA
By Caivan Communities
Starting from Low $ 619.99k
Project Location:Postilion Street, Ottawa, ON
Units:48
By Caivan Communities
Starting from Low $ 779.99k
Project Location:Borrisokane Road, Ottawa, ON
Units:118
By Phoenix Homes
Starting from Low $ 849.9k
Project Location:Goldeneye Way, Ottawa, ON
Units:TBA
20. Wateridge Village at Rockcliffe
By Mattamy Homes Canada
Starting from Low $ 399.99k
Project Location:895 Montréal Road, Ottawa, ON
Units:TBA
By Glenview Homes
Starting from Low $ 779.99k
Project Location:3646 Innes Road, Ottawa, ON
Units:50
By eQ Homes
Starting from Low $ 579.9k
Project Location:122 Dun Skipper Drive, Ottawa, ON
Units:148
By eQ Homes
Starting from Low $ 575.9k
Project Location:Aquaview Drive & Portobello Boulevard, Ottawa
Units:30
By eQ Homes
Starting from Low $ 509.9k
Project Location:74 Equinelle Drive, Kemptville, ON
Units:TBA
By Tamarack Homes
Starting from Low $ 671.9k
Project Location:554 Famille-Laporte Avenue, Ottawa
Units:TBA
By Tamarack Homes
Starting from Low $ 654.11k
Project Location:2894 Findlay Creek Dr, Ottawa, ON
Units:41
Explore more on our Ottawa Properties Page.
Benefits of Pre-Construction Homes in Ottawa
Investing in pre-construction homes in Ottawa provides several key benefits:
- Early-Bird Pricing: Lock in competitive prices before completion.
- Customization Options: Tailor your home with your choice of finishes, layouts, and upgrades.
- Modern Amenities: Access cutting-edge features such as smart home systems and energy-efficient appliances.
- High ROI Potential: Ottawa’s growing population and demand for housing ensure excellent appreciation potential.
Learn more about these opportunities on our New Homes in Ottawa Page.
Why Ottawa is Perfect for New Developments
Ottawa combines a rich cultural heritage with modern urban amenities, making it ideal for new construction homes. Here’s why:
- Cultural Richness: From national museums to vibrant festivals, Ottawa offers something for everyone.
- Family-Friendly Communities: Safe neighborhoods, top-rated schools, and abundant recreational facilities make Ottawa a family favorite.
- Natural Beauty: Enjoy access to rivers, parks, and trails while living in Canada’s green capital.
- Economic Stability: As a government and tech hub, Ottawa boasts a strong economy and job market.
Explore Ottawa’s best neighborhoods on our Ottawa City Page.
Frequently Asked Questions (FAQs)
Q: What types of new construction homes are available in Ottawa?
A: Ottawa offers a variety of new condos, townhomes, and detached homes to suit diverse lifestyles and budgets.
Q: Are new homes in Ottawa a good investment?
A: Yes! Ottawa’s strong economy, growing population, and stable real estate market make new construction homes an excellent investment opportunity.
Q: How can I reserve a pre-construction home in Ottawa?
A: Contact us through our Ottawa Properties Page to connect with trusted developers and secure your ideal property.
Find Your Dream Home in Ottawa
Whether you're looking for a new condo development, a family-friendly townhouse, or a spacious new build home, Ottawa has the perfect property waiting for you.
👉 Browse Condos: New Condos in Ottawa
👉 Explore Townhomes: New Townhomes in Ottawa
👉 Discover Detached Homes: New build homes in Ottawa
Visit Condomonk and find your dream home in one of Ottawa’s new communities out of all the upcoming developments in Ottawa in just a click away!
Discover More: Explore the Possibilities of Affordable Pre-Built Homes for Your New Construction Condo in Ottawa
Discover the Advantages of Pre Construction Homes in Ottawa: A Lifestyle Oasis with Convenient Transportation, Abundant Water Supply, and Premium Amenities
Blogs for Ottawa City:
All About Ottawa
Ottawa, the capital city of Canada, is where nature, culture, and history converge. Strategically located on the picturesque Ottawa and Rideau Rivers, it offers a unique blend of monumental institutions, lively enclaves, and green spaces. Whether touring Parliament Hill, skating on the Rideau Canal, or attending an urban festival, Ottawa welcomes everyone with open arms and offers plenty of opportunities to explore.
Population and Demographics
As of 2025, Ottawa is home to some 1.07 million people in the city and around 1.25 million in the metro area, making it Canada's fourth-largest city. The city has been growing steadily, at an average rate of about 1.7% a year over the last decade. Ottawa is a young city, with a median age of only just over 40, and continues to attract people from across Canada and around the world.
Ottawa is a diverse and multicultural city. About 26% of the population consists of immigrants, and there are Chinese, Indian, British, Lebanese, Filipino, and other communities. The city is bilingual, and English and French are the most widely spoken languages, while several other languages are heard on its streets. The population includes families, young professionals, students, and retirees.
Economic Landscape
Ottawa boasts a strong, stable economy based on its position as Canada's political center. The federal government is the largest single employer, but Ottawa also boasts a leading technology, research, and educational industry. The city is sometimes called "Silicon Valley North" because of its prosperous technology industry, which hosts companies like Shopify, Nokia, and Adobe. Tourism is also a major contributor, with over 11 million visitors each year who shop at local businesses and visit attractions. The GDP of the Ottawa metro area was nearly CA$90 billion in 2020.
Key Developments in 2025
- Housing and Urban Development: Over $5 billion in new developments, including condo skyscrapers, thousands of new units, and master-planned communities.
- Transit Improvements: Stage 2 LRT expansion is upgrading public transit, making city travel easier and more accessible.
- Downtown Renewal: Entertainment zones, office towers, and upscale developments in neighborhoods like Westboro and Sparks Street.
- Business Investment: Major companies like Nokia are investing in Ottawa, and new business hubs are opening in neighborhoods like Orleans.
- Cultural and Recreational Amenities: A new stadium for the Ottawa Senators and refurbished markets and music halls are enhancing Ottawa's high quality of life.
Fun Facts About Ottawa
- One of the Coldest Capital Cities: Ottawa is internationally famous for its icy winters, which make possible its renowned winter festivals and Rideau Canal skating.
- Historical Background as Bytown: Originally founded as Bytown in 1826, Ottawa became an officially designated Ottawa in 1855.
- Seat of National Institutions: Ottawa is the seat of Parliament Hill, the National Gallery of Canada, and many other important cultural and governmental institutions.
- A Top Tourist Destination: Ottawa attracts over 11 million visitors annually and is one of Canada's top cities.
Thinking of making Ottawa home or investing in this great capital? Look through dozens of real estate listings on Condomonk Ottawa or search for pre-construction homes in Ottawa on Homepapa today!
Note: Condomonk is Canada's leading database of new pre construction homes. Information may be outdated or inaccurate. Please contact a licensed real estate agent for updated information.