Property Prices in Ottawa, Canada

Index Info
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
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
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

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