Houses for Sale in Ottawa Under $300,000
Browse current houses, condos, townhomes and other Ottawa properties priced at $300,000 or less. Filter listings by property type, location and bedrooms, then get clear guidance on financing, condo fees, closing costs and your next steps.
Ottawa Homes and Condos Under $300,000
309 - 225 Alvin Road N
Ottawa, Ontario
$264,900
313 - 2020 Jasmine Crescent
Ottawa, Ontario
$209,900
Not Seeing the Right Property?
Homes under $300K can appear and sell quickly.
Tell us your preferred property type, neighbourhoods and number of bedrooms. We will build a personalized search and notify you when a matching listing becomes available.
- Serving Ottawa since 2008
- RE/MAX Hallmark Top 100 Teams for 6 consecutive years
- Serving Ottawa since 2008
- RE/MAX Hallmark Top 100 Teams for 6 consecutive years
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What Can You Buy in Ottawa for Under $300,000?
At this price point, the most common opportunities are condos and alternative property types. Detached and freehold homes may appear, but they are less common.
Condo Apartments
Usually the largest portion of the under-$300K market. Compare the building, fees, reserve fund and unit—not only the asking price.
One- and Two-Bedroom Condos
A practical option for individual buyers, couples, downsizers or buyers who need a home office.
Condo Townhomes
Potentially more living space, but monthly fees and maintenance responsibilities can vary.
Homes Needing Improvements
A lower price can create opportunity, but repairs and financing requirements should be reviewed before making an offer.
Affordability Calculator
Estimates are for planning purposes only. Estimated cash needed includes the down payment plus a 1.5% closing-cost allowance. Mortgage loan insurance, lender requirements and other transaction costs are not included.
What Would a $300,000 Home Really Cost You?
The purchase price is only one part of your monthly budget.
Estimate your mortgage, property taxes, condo fees, heating, insurance and other housing costs before deciding what you can comfortably afford.
Purchase price: $300,000
5% down payment: $15,000
Mortgage before insurance: $285,000
Closing costs: calculated separately
Buying Your First Ottawa Home Under $300K
A more affordable listing can still carry important costs and conditions.
Before submitting an offer, make sure you understand what you are buying and how it fits your complete monthly budget.
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Check the Condo Fees
Confirm the amount, what the fee includes and whether increases are expected. -
Review the Status Certificate
Your lawyer should review the building's finances, reserve fund, rules and planned repairs. -
Confirm Financing Early
Some co-operative, leasehold, manufactured or condition-sensitive properties may have lender restrictions. -
Budget for Closing Costs
Plan for legal fees, inspection costs, adjustments, moving and immediate repairs. -
Confirm Parking and Storage
Determine whether they are owned, assigned, rented or unavailable. -
Compare Recent Sales
The lowest asking price is not automatically the best value.
Programs That May Help You Buy Your First Home
First Home Savings Account
Save toward a qualifying first home with eligible tax-deductible contributions and tax-free qualifying withdrawals.
Home Buyers' Plan
Eligible buyers may be able to use funds from their RRSP toward a qualifying home purchase.
Ontario Land Transfer Tax Refund
Eligible first-time buyers may receive a refund toward Ontario land transfer tax.
Mortgage Loan Insurance
Eligible buyers may be able to purchase with less than a 20% down payment, subject to lender and insurer requirements.
Not Sure Which Programs Apply to You?
We can help you organize the questions to ask your lender, accountant and real estate lawyer before you start making offers.
A Clearer Buying Process
From Budget to Keys
Define Your Real Budget
Calculate your full monthly housing cost and cash needed before closing.
Get Pre-Approved
Confirm your purchase range and any property restrictions with your lender.
Receive Matching Listings
Get immediate alerts based on your budget, areas and property preferences.
Evaluate the Property
Review value, condition, fees, comparable sales and potential risks.
Build the Offer
Create an offer that protects your financing and reflects the current market.
Complete Due Diligence
Coordinate financing, inspections, legal review and closing.
More Choice Can Create Better Negotiating Opportunities
Ottawa buyers are currently being more selective, and some properties are taking longer to sell.
That can create opportunities to negotiate on price, conditions or closing dates—but well-priced affordable properties can still move quickly.
The key is knowing when to act and when to walk away.
Clear Advice for Buyers Working With a Real Budget
Buying under a strict price ceiling requires more than receiving listing emails.
You need help identifying hidden costs, comparing properties, understanding condo documents and deciding whether a property is truly good value.
- Personalized MLS® search
- Comparable sales analysis
- Condo fee and status certificate guidance
- Inspection and closing coordination
- English and French service
- Immediate new-listing alerts
- Honest property feedback
- Offer and negotiation strategy
- Daily communication
Proudly Associated With
Real Estate Agent in Ottawa
Our team of highly qualified professionals will guide you through every step of buying or selling your property
Nicholas Labrosse
Ottawa Award-Winning Realtor
RE/MAX Realty / Labrosse Real Estate Group
Ashley Gray
Ottawa's "Family" Realtor
RE/MAX Realty / Labrosse Real Estate Group
Antoine Tétreault
Residential Real Estate
RE/MAX Realty / Labrosse Real Estate Group
Hayley Vaughan
Real Estate Agent
RE/MAX Realty / Labrosse Real Estate Group
Frequently Asked Questions
Straight answers about affordable properties, down payments, condo fees and buying your first Ottawa home.
Still Have Questions?
Our team is here to help. Reach out and we'll get back to you with the answers you need — no pressure, no obligation.
Are there houses for sale in Ottawa under $300,000?
Yes, though inventory is limited and changes quickly. Most opportunities at this price are condos, with detached and freehold homes appearing less often.
Are most Ottawa properties under $300K condos?
Yes. Condo apartments and condo townhomes make up the largest share of listings at this price point.
Where can I find affordable houses for sale in Ottawa?
Affordable inventory tends to be concentrated in specific neighbourhoods and building types. Our map and filtered search make it easy to compare areas.
How much down payment do I need for a $300,000 home?
A minimum of 5% down is required on a home at this price, which is $15,000. Your required insurance and total cash needed will depend on your specific financing.
What closing costs should a first-time buyer expect?
Plan for legal fees, land transfer tax, inspection costs, adjustments and moving costs in addition to your down payment.
What should I check before buying an affordable condo?
Can I find a two-bedroom condo under $300,000?
Can I receive alerts only for homes under $300K?
Is it a good time to buy in Ottawa?
Can Labrosse Real Estate Group help me review condo fees and documents?
Yes. We regularly help buyers review condo fees, status certificates and building finances before they submit an offer.
Your Budget Deserves a Real Buying Strategy
The best property is not always the one with the lowest asking price.
Tell us your budget, preferred areas and must-haves. We will help you compare the real costs, identify stronger opportunities and avoid properties that do not fit your long-term plan.
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