Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 5.65
Mortgage as Percentage of Income: 38.26%
Loan Affordability Index: 2.61
Price to Rent Ratio - City Centre: 15.26
Price to Rent Ratio - Outside of Centre: 12.29
Gross Rental Yield (City Centre): 6.55%
Gross Rental Yield (Outside of Centre): 8.14%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,635.29 C$ 1,300.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,271.14 C$ 1,100.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,713.79 C$ 2,200.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,042.00 C$ 1,700.00-2,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 488.09 C$ 371.61-631.74
Price per Square Feet to Buy Apartment Outside of Centre 301.33 C$ 220.00-395.00
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,759.99 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.19 2.00-4.00

These data are based on 310 entries in the past 18 months from 53 different contributors.
Last update: January 2021

Sources and References
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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