Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 7.88
Mortgage as Percentage of Income: 68.92%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 17.12
Price to Rent Ratio - Outside of Centre: 18.40
Gross Rental Yield (City Centre): 5.84%
Gross Rental Yield (Outside of Centre): 5.44%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,027.41 C$ 1,800.00-2,300.00
Apartment (1 bedroom) Outside of Centre 1,773.73 C$ 1,550.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,108.08 C$ 2,700.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,551.41 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 601.65 C$ 400.00-799.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,297.91 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.22 4.88-6.90

These data are based on 284 entries in the past 18 months from 49 different contributors.
Last update: January 2025

Sources and References
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