Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 10.23
Mortgage as Percentage of Income: 93.08%
Loan Affordability Index: 1.07
Price to Rent Ratio - City Centre: 21.77
Price to Rent Ratio - Outside of Centre: 20.84
Gross Rental Yield (City Centre): 4.59%
Gross Rental Yield (Outside of Centre): 4.80%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,962.88 C$ 1,800.00-2,300.00
Apartment (1 bedroom) Outside of Centre 1,800.44 C$ 1,600.00-2,250.00
Apartment (3 bedrooms) in City Centre 3,194.09 C$ 2,700.00-4,400.00
Apartment (3 bedrooms) Outside of Centre 2,550.26 C$ 2,300.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 828.93 C$ 500.00-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 687.64 C$ 400.00-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,990.51 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.72 5.50-9.00

These data are based on 252 entries in the past 18 months from 39 different contributors.
Last update: May 2024

Sources and References
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