Buying a home in Ottawa in 2025 often comes with one big question: should you purchase a condo or a freehold property? Each option has its own lifestyle perks, financial considerations, and long-term benefits. The right choice depends on what you want your day-to-day life to look like, how much maintenance you are prepared to take on, and what kind of investment makes the most sense for you.
Condos and freeholds both play an important role in Ottawa’s housing market. Condos are often associated with downtown convenience and modern amenities, while freeholds are seen as spacious, family-friendly options in suburban neighbourhoods. Both can be smart moves depending on your lifestyle and financial goals. Here is a closer look at how they compare in 2025.
Lifestyle Considerations
When it comes to lifestyle, condos and freeholds offer very different experiences.
Condos in Ottawa typically attract professionals, first-time buyers, and downsizers who value convenience. Living in a condo often means being close to public transit, bike paths, restaurants, and cultural attractions. Many buildings come with fitness centres, rooftop terraces, or concierge services, which add comfort without additional responsibility. For those who enjoy walkable neighbourhoods like Centretown, Westboro, or Little Italy, condo living offers a modern, low-maintenance lifestyle.
Freehold homes, on the other hand, are ideal for buyers who value privacy, more space, and outdoor areas. Families often prefer freehold properties because they offer backyards for children or pets, room for home offices, and larger kitchens or living spaces. The trade-off is that with more independence comes more responsibility for upkeep, from mowing the lawn to repairing the roof.
Financial Factors
The cost of ownership is one of the biggest differences between condos and freeholds.
Condos are generally more affordable to purchase upfront, particularly in Ottawa’s core. However, they come with monthly condo fees. These fees cover things like building insurance, maintenance of common areas, snow removal, and in some cases utilities. For many buyers, paying a predictable monthly fee is easier than managing surprise repair costs.
Freeholds typically come with higher purchase prices, especially as Ottawa’s suburban communities expand. While you do not pay condo fees, you are responsible for all maintenance and repairs yourself. A new roof, HVAC replacement, or foundation work can quickly add up, so budgeting for these expenses is key. Property taxes can also be higher for freehold homes, depending on location and lot size.
Market Trends in 2025
Ottawa’s 2025 housing market shows a continued divide between condo and freehold demand. Condos remain popular among young professionals, students, and investors who see strong rental demand downtown. Buildings near the LRT line, the University of Ottawa, and Tunney’s Pasture are performing well thanks to accessibility and convenience.
Freehold homes continue to dominate in areas like Kanata, Barrhaven, and Orléans, where buyers look for more space and newer builds. With new subdivisions being developed, freeholds remain the go-to option for families who want room to grow. That said, affordability concerns are keeping some buyers in the condo market longer than they initially expected.
Resale Value and Investment Potential
From an investment perspective, both condos and freeholds have value in different ways.
Condos in central neighbourhoods often see strong rental demand, making them attractive to investors. Short-term rental restrictions are tightening in some areas, but long-term rentals remain a steady option. Resale value depends on the building’s location, management, and amenities, but condos are generally seen as more liquid in the downtown market.
Freehold homes have historically appreciated at a stronger rate due to the limited supply of land. Buyers who hold onto their homes for several years often see significant gains, especially in growing suburban areas. Freeholds can also be more flexible for renovations and expansions, which can add value over time.
Who Each Option Fits Best
The best choice comes down to your lifestyle and long-term plans.
A condo is often the right fit if you:
Are a first-time buyer who wants to enter the Ottawa market at a more affordable price point
Prefer living downtown or in trendy, walkable neighbourhoods
Do not want to handle regular maintenance and yard work
Value amenities such as fitness centres, guest suites, and shared rooftop patios
A freehold home may be the better option if you:
Are looking for more space for family, pets, or hobbies
Want the flexibility to renovate or expand your home over time
Prefer having a backyard or private outdoor space
Are ready to take on the full responsibility of property maintenance
Choosing between a condo and a freehold home in Ottawa in 2025 is about more than just price. It is about the lifestyle you want, the level of responsibility you are comfortable with, and the type of investment that makes sense for your future.
Condos provide convenience, lower entry costs, and access to some of Ottawa’s most vibrant neighbourhoods. Freeholds offer space, privacy, and stronger long-term appreciation potential. Both are smart choices depending on your stage of life and financial goals.
If you are considering buying in Ottawa and want help deciding which option fits your needs, working with a local real estate professional can make all the difference. With years of experience in Ottawa’s condo and freehold markets, I can help you weigh the pros and cons and guide you toward the right decision.
