Property Prices in Ottawa, Canada

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Index
Price to Income Ratio:	7.97
Mortgage as Percentage of Income:	71.12%
Loan Affordability Index:	1.41
Price to Rent Ratio - City Centre:	17.64
Price to Rent Ratio - Outside of Centre:	18.44
Gross Rental Yield (City Centre):	5.67%
Gross Rental Yield (Outside of Centre):	5.42%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,950.79 C$	1,800.00-2,200.00
Apartment (1 bedroom) Outside of Centre	1,779.01 C$	1,550.00-2,000.00
Apartment (3 bedrooms) in City Centre	3,055.71 C$	2,500.00-3,600.00
Apartment (3 bedrooms) Outside of Centre	2,509.39 C$	2,300.00-2,800.00
Buy Apartment Price	Edit
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	Edit
Average Monthly Net Salary (After Tax)	4,242.53 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.46	5.00-7.00

These data are based on 241 entries in the past 18 months from 42 different contributors.
Last update: July 2024

Sources and References

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

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	49,000.00
GDP Growth Rate:	3.44%
Population Growth Rate:	0.73%