Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 7.53
Mortgage as Percentage of Income: 65.15%
Loan Affordability Index: 1.53
Price to Rent Ratio - City Centre: 17.17
Price to Rent Ratio - Outside of Centre: 17.02
Gross Rental Yield (City Centre): 5.82%
Gross Rental Yield (Outside of Centre): 5.88%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,013.71 C$ 1,795.00-2,300.00
Apartment (1 bedroom) Outside of Centre 1,744.65 C$ 1,500.00-2,002.00
Apartment (3 bedrooms) in City Centre 3,115.00 C$ 2,750.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,568.72 C$ 2,300.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 656.66 C$ 460.00-895.97
Price per Square Feet to Buy Apartment Outside of Centre 552.48 C$ 360.00-826.83
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,318.57 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.07 4.49-6.90

These data are based on 281 entries in the past 18 months from 48 different contributors.
Last update: March 2025

Sources and References
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