Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 8.21
Mortgage as Percentage of Income: 72.70%
Loan Affordability Index: 1.38
Price to Rent Ratio - City Centre: 22.14
Price to Rent Ratio - Outside of Centre: 23.26
Gross Rental Yield (City Centre): 4.52%
Gross Rental Yield (Outside of Centre): 4.30%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,754.06 C$ 1,400.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,452.20 C$ 1,200.00-1,910.00
Apartment (3 bedrooms) in City Centre 2,934.29 C$ 2,500.00-3,520.00
Apartment (3 bedrooms) Outside of Centre 2,287.73 C$ 1,900.00-2,750.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 762.03 C$ 649.99-899.99
Price per Square Feet to Buy Apartment Outside of Centre 646.17 C$ 542.80-799.99
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,615.74 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.37 2.50-8.89

These data are based on 266 entries in the past 18 months from 51 different contributors.
Last update: March 2023

Sources and References
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