Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 10.26
Mortgage as Percentage of Income: 97.51%
Loan Affordability Index: 1.03
Price to Rent Ratio - City Centre: 22.57
Price to Rent Ratio - Outside of Centre: 23.86
Gross Rental Yield (City Centre): 4.43%
Gross Rental Yield (Outside of Centre): 4.19%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,960.07 C$ 1,800.00-2,240.00
Apartment (1 bedroom) Outside of Centre 1,756.32 C$ 1,400.00-2,050.00
Apartment (3 bedrooms) in City Centre 3,081.36 C$ 2,500.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 2,461.11 C$ 2,000.00-2,800.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 845.45 C$ 669.15-1,021.92
Price per Square Feet to Buy Apartment Outside of Centre 764.60 C$ 590.00-929.02
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,223.66 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.28 5.00-9.00

These data are based on 285 entries in the past 18 months from 49 different contributors.
Last update: December 2023

Sources and References
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