Property Prices in Ottawa, Canada

Index
Price to Income Ratio:	5.33
Mortgage as Percentage of Income:	35.14%
Loan Affordability Index:	2.85
Price to Rent Ratio - City Centre:	14.97
Price to Rent Ratio - Outside of Centre:	13.89
Gross Rental Yield (City Centre):	6.68%
Gross Rental Yield (Outside of Centre):	7.20%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,618.97 C$	1,300.00-1,900.00
Apartment (1 bedroom) Outside of Centre	1,247.67 C$	1,000.00-1,500.00
Apartment (3 bedrooms) in City Centre	2,687.50 C$	2,200.00-3,500.00
Apartment (3 bedrooms) Outside of Centre	2,041.67 C$	1,650.00-2,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	474.11 C$	371.61-614.99
Price per Square Feet to Buy Apartment Outside of Centre	336.80 C$	220.00-400.00
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	4,090.83 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.89	2.00-4.00

These data are based on 296 entries in the past 18 months from 50 different contributors.
Last update: June 2021

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Nearby cities:

Property Prices in Gatineau	8.67 miles
Property Prices in Sainte-Martine	118.23 miles
Property Prices in Laval	119.87 miles
Property Prices in Montreal	120.61 miles
Property Prices in Kingston	120.69 miles
Property Prices in Longueuil	128.91 miles
Property Prices in Belleville	164.78 miles
Property Prices in Peterborough	167.80 miles
Property Prices in Sherbrooke	212.47 miles
Property Prices in North Bay	221.58 miles

This page in other languages:

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EspañolPrecios de Inmuebles en Ottawa

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2 Comments so far

Anonymous on Jan 09, 2018:

Lies the average salary is not even close to 4000$

izhar ullah khan on Nov 02, 2017:

If i purchase the cost of $ 1 million house can i pay every year tax if yes then how much