Not all Ottawa condos are created equal — and not all great buildings get the attention they deserve.
While buyers flock to the same well-known addresses year after year, some of Ottawa’s most thoughtfully designed, best-managed, or highest-performing condo buildings continue to fly under the radar. Whether you’re an investor looking for steady value or a buyer who wants more for their money, these underrated buildings deserve a second look in 2025.
Here’s a closer look at five condo buildings in Ottawa that may not be on everyone’s radar — but probably should be.
1. Mondrian (324 Laurier Ave W)
Why it’s underrated:
While everyone talks about the high-end buildings on Queen or in the Glebe, the Mondrian offers solid layouts, a rooftop pool, underground parking, and some of the lowest price-per-square-foot downtown. The location is central, steps to Bank Street and LRT stations, and ideal for young professionals. Bonus: lots of natural light and surprisingly large balconies.
2. The Galleria Phase 1 (200 Besserer St)
Why it’s underrated:
Often overshadowed by its newer sister building or larger high-rises nearby, Galleria I delivers value. Low condo fees for the area, good layouts, and a quiet yet walkable Sandy Hill location make this a smart pick for first-time buyers and investors alike.
3. The Pinnacle (445 Laurier Ave W)
Why it’s underrated:
A great building for investors — especially those targeting long-term tenants. The units are clean and functional, management is solid, and the location appeals to government employees. The building doesn’t look flashy from the outside, but the rental numbers speak for themselves.
4. The East Market Phase 2 (180 York St)
Why it’s underrated:
Everyone knows about The East Market — but Phase 2 often gets skipped over in favour of the top floors of Phase 1 or the newer buildings in the Market. Phase 2 offers loft-style units with concrete ceilings, floor-to-ceiling windows, and strong long-term appreciation. Plus: better elevator reliability than some newer builds.
5. The Gardens (85 Bronson Ave)
Why it’s underrated:
If you're after peace, green space, and high-quality construction — this is the one. Tucked between Centretown and Lebreton Flats, The Gardens is a luxury building that doesn’t always market itself that way. Units here don’t hit the market often, but when they do, they offer an incredible price per square foot compared to newer builds with half the quality.
Why This Matters in 2025
In a market where every buyer is cost-conscious and every investor is looking for the edge, understanding which buildings offer real value — and which ones just have buzz — is a critical advantage. These hidden-gem condos often offer lower carrying costs, better management, and more long-term upside than the trendy tower next door.
If you’re looking for a condo that combines smart design, long-term value, and a great location — without the hype — reach out. We’ll help you find the building that suits your goals, not just the one everyone’s talking about.
