Homes for Sale Under $500K in Ottawa

Buying a home in Ottawa doesn’t have to break the bank. Whether you’re a first-time buyer, downsizer, or investor, there are still great options in the Ottawa market under $500,000.

From urban condos and townhomes to family-friendly suburbs like Barrhaven, Kanata, Orleans, and Riverside South, these listings offer value, convenience, and access to great neighbourhood amenities.

Browse below for the latest Ottawa homes for sale under $500K, updated daily from the MLS®.

Popular Property Types Under $500K

Condos: Modern, low-maintenance, and often in central locations
Townhomes: Affordable family living with private outdoor space
Stacked Condos: Great for first-time buyers looking for more room
Starter Detached Homes: Found in rural or developing communities

Tip: Even if your budget is just under $500K, we can often find homes slightly above that price with flexible sellers or motivated listings.

Why Work with a REALTOR®?

In today’s market, finding value takes more than an online search. I monitor new listings daily and can alert you to homes that meet your criteria—sometimes before they’re publicly available.

Spot hidden value in overlooked listings
Understand which areas are growing fastest
Compare resale vs. new-build options
Avoid costly bidding mistakes

Explore Homes by Neighbourhood

Kanata & Stittsville – newer townhomes and condos
Barrhaven & Riverside South – family-friendly & affordable
Orleans & Chapel Hill – great value east-end options
Centretown & Hintonburg – urban condos under $500K
Carleton Place & Almonte – charming small-town homes

Current Homes for Sale Under $500K in Ottawa

Use the search below to view all Ottawa homes currently listed under $500,000. Listings are updated in real time, so you’ll always see the newest properties available.

Embed your live IDX or MLS® feed showing Ottawa homes under $500K here.