Launching soonCondo4photos1186 Wellington Street West Condos
by Minto Communities and Welldale Limited Partnership · Ottawa
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Pre-construction · Ottawa
Pre-Construction Condos in Ottawa
Ottawa has 39 new condo projects on Summitly — 17 selling now and 22 launching or taking registrations. Released prices start at $348,000 and occupancies run 2023–2025.
Coldwell Banker Summit Realty, BrokerageLast updated
- Projects
- 39
- Selling now
- 17
- VIP registration
- 2
- Builders
- 23
New condos in Ottawa
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Deposit calculator
What you pay, and when
You don’t pay it all at once. Pick a price and a typical structure.
20% in total, paid in 5 payments before you close.
Total deposit before you close
$120,000
Balance at closing (mortgage + cash)
$480,000
| Payment | When | Rule | On $600,000 |
|---|---|---|---|
| On signing | On signing | $5,000 | $5,000 |
| Balance to 5% | 30 daysDec 10, 2026 | Balance to 5% | $25,000 |
| 5% | 120 daysMar 10, 2027 | 5% | $30,000 |
| 5% | 365 daysNov 10, 2027 | 5% | $30,000 |
| 5% | 540 daysMay 3, 2028 | 5% | $30,000 |
| Total (20%) | $120,000 | ||
Deposits on new Ontario homes are held in trust and protected by Tarion up to set limits; condo deposits are also protected under the Condominium Act. Your agreement of purchase and sale sets the exact amounts and dates.
These are typical shapes, not any builder’s offer; each project page uses the builder’s own schedule. Before closing you may also owe development charges and levies.
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Questions
Ottawa pre-construction FAQs
Still unsure? Call (905) 553-8500. An advisor answers. Not legal or tax advice.
How many new condos are there in Ottawa?
Summitly lists 39 new condo projects in Ottawa: 17 selling now, from 23 builders. The count updates as builders release new projects.
How much do new condos in Ottawa cost?
Published starting prices for new condos in Ottawa begin at $348,000. Prices vary by project, suite size and release phase, and change between releases; each project page shows the builder's latest figure.
How do pre-construction deposits work in Ottawa?
Deposits on a new Ontario condo must be held in trust (Condominium Act, 1998, s. 81) and are paid in stages set out in the Agreement of Purchase and Sale, not all at signing. Each project page shows the builder's deposit structure where it has been released.
Can I cancel a pre-construction condo purchase in Ottawa?
Yes, for a new condo. Under section 73 of Ontario's Condominium Act, 1998, a buyer can cancel within 10 days of receiving both the signed agreement and the disclosure statement, and the deposit is refunded in full. Freehold homes have no statutory cooling-off period.
What warranty comes with a new home in Ottawa?
Every new home in Ontario carries the statutory Tarion warranty: 1 year for workmanship and materials, 2 years for water penetration and major systems, and 7 years for major structural defects. Builders must be licensed by the Home Construction Regulatory Authority (HCRA).
Can I buy or sell a pre-construction assignment in Ottawa?
Yes. An assignment transfers a buyer's pre-construction contract to a new buyer before closing, usually with the builder's written consent and an assignment fee set in the agreement. Summitly lists Ottawa assignments and helps owners sell theirs.
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Summitly is a brokerage, not the builder; prices, incentives and availability are set by the builder and can change.
Prices, sizes, specifications, incentives and availability are preliminary and subject to change without notice. Renderings and floor plans are artist’s concepts. This is not an offering for sale; any offering can only be made with the builder’s disclosure statement. E. & O.E.
Coldwell Banker Summit Realty, Brokerage · Broker of Record Waqar Afzal · © 2026 Summitly.
