Condos for Sale in Nepean
Under $500K
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Nepean this band: $386K · 51 active · avg 34 days on market.
51 active · median $386K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Nepean Under $500K
51 active · median $386K
Median List Price
$386K
Active Listings
51
Avg Days on Market
34 days
YoY Change
-6.7%
6-Month Median Price Trend
Dec
$380K
Jan
$371K
Feb
$388K
Mar
$384K
Apr
$391K
May
$386K
What is the average condo price in Nepean in 2026?
The benchmark price for a condo in Nepean in 2026 is approximately $386K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 51 active listings, moving in an average of 34 days on market. Prices are down 6.7% year-over-year.
Is Nepean a buyer's or seller's market right now?
Nepean is currently a balanced market for condos in this band. Inventory is turning over in 34 days with prices down 6.7% year-over-year. Neither side has decisive leverage right now.
Families helped in Nepean
23+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Bidding war with three other offers. Their pre-approval letter made our offer credible enough to win.”
What $386K gets you in Nepean.
Condos in Nepean priced under $500k are tracking against a CREA MLS® HPI benchmark of $386K for the ottawa area. Within this band the median list comes in near $386K — down 6.7% year-over-year. Active inventory is moving in roughly 34 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$391K
$371K
$365K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Nepean.
Keep exploring Nepean.
Other property types
Nepean Condo FAQ
What is the median price for condos in Nepean under $500k?
As of 2026-05-01, the median list price for condos in Nepean priced under $500k sits at approximately $386K based on active MLS inventory.
How many condos are currently for sale in Nepean in this price range?
There are roughly 51 active condos for sale in Nepean priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Nepean?
Condos in Nepean priced under $500k are averaging 34 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Nepean condo prices going up or down?
Year-over-year median condo prices in Nepean (this band) are down 6.7%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Nepean?
On a $386K purchase with 20% down, you'd carry a mortgage of about $309K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $1,887 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 51 active, median $386K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Nepean advisor within 1 business hour.
Condos in Nepean Under $500K
Median $386K · 51 active · 3.95% 5-yr fixed
Get pre-approved for a $309K mortgage.
Based on $386K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.