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SOBA Condos in Ottawa Centre

203 Catherine Street, Ottawa Centre

Total Units

12

For Sale

3

For Rent

20

Sold

48

Leased

$516K

Avg Price

53

Days (Sale)

34

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
High
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,399 SQFT
Property Management:
I Condo Property Management

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$605K

Lowest Sale (12mo)

$250K

Median Maintenance

$742/mo

Year Built

SOBA Market

Updated Aug 22, 2026
Condos
Median sale price
$316K
Median PSF (est.)▲ 3.2%
$655/sqft
Sold last 90 days
3
Active listings
13
Months of inventory
–
Avg days on market
37
Sale-to-list ratio
96.90%
Absorption rate
0.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 57.14% · End-user: 42.86% (from 3 sales, 4 leases)
Price reductions (90d)
Price-reduction rate: 33.33%
Avg reduction: $15,000 (4.41%)
Monthly reduction trend
2026-04: 66.7% (3 listings) · avg $33,000
Re-entries (past 12 months)
Re-entries: 1 of 15 sold · rate 6.67%
Avg price change: -$12,900 (-4.33%)
Median PSF (est.) vs parent area
Median PSF: $655 — +25.66% vs community avg ($521)[premium]
Supply vs demand by unit type (90d)
Sample: 13 active listings · 3 sold (90d)
studio: 1 active / 1 sold · mismatch -25.64%
1br: 4 active / 2 sold · mismatch -35.90%
2br: 8 active / 0 sold · mismatch +61.54%
3br: 0 active / 0 sold · mismatch +0.00%
Concession pattern by unit type (90d)
studio (3 sales) — 100.00% closed with concessions, avg 3.60% below ask
1br (5 sales) — 100.00% closed with concessions, avg 2.79% below ask
2br (7 sales) — 100.00% closed with concessions, avg 3.11% below ask
Seasonality (annual pattern)
Historically strongest months: Jul, May, Jun
Historically weakest months: Aug, Mar, Sep
Annual averages: DOM 60.6d · sale-to-list 96.90% (n=15)
Monthly detail
Jan · 1 sales · DOM 65.0d · STL 96.15%
Mar · 2 sales · DOM 90.0d · STL 97.39%
Apr · 3 sales · DOM 68.0d · STL 97.58%
May · 1 sales · DOM 34.0d · STL 96.05%
Jun · 1 sales · DOM 39.0d · STL 95.32%
Jul · 3 sales · DOM 27.7d · STL 96.46%
Aug · 1 sales · DOM 83.0d · STL 97.14%
Sep · 1 sales · DOM 143.0d · STL 97.96%
Nov · 2 sales · DOM 39.0d · STL 97.00%

Market Intelligence

Price per sqft analysis and trends

SOBA

Sale PSF

N/A

Lease PSF

N/A

4103 - Ottawa Centre

Sale PSF

$486/sqft

5 sales

Lease PSF

$3.27/sqft/mo

4 leases

Ottawa Centre

Sale PSF

$547/sqft

19 sales

Lease PSF

$4.36/sqft/mo

1 leases

Ottawa

Sale PSF

$398/sqft

150 sales

Lease PSF

$4.36/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
SOBAThis Building
——/mo——
4103 - Ottawa Centre
4863.27/mo54
Ottawa Centre
5474.36/mo191
Ottawa
3984.36/mo1501

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$183.33/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Concierge
Elevator
Exercise Room
Game Room
Gym
Lap Pool
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Security System
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsHeatNoneParkingWater

Building Reviews

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About SOBA Condos

SOBA is a premier condominium located at 203 Catherine Street, Ottawa Centre. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 83 units available at SOBA, with prices averaging around $516K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

SOBA stands out in Ottawa Centre's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at SOBA, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: 4103 - Ottawa Centre, Ottawa Centre and the Ottawa area.

Units for Sale at SOBA

Units for Lease at SOBA

Keywords: SOBA Ottawa Centre Real Estate

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