Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 8.12
Mortgage as Percentage of Income: 72.89%
Loan Affordability Index: 1.37
Price to Rent Ratio - City Centre: 17.53
Price to Rent Ratio - Outside of Centre: 18.37
Gross Rental Yield (City Centre): 5.70%
Gross Rental Yield (Outside of Centre): 5.44%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,946.88 C$ 1,800.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,790.46 C$ 1,600.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,108.50 C$ 2,600.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 2,509.39 C$ 2,300.00-2,800.00
Buy Apartment Price
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 600.17 C$ 400.00-799.99
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,162.77 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 5.00-7.00

These data are based on 226 entries in the past 18 months from 37 different contributors.
Last update: May 2024

Sources and References
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