Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 5.73
Mortgage as Percentage of Income: 42.75%
Loan Affordability Index: 2.34
Price to Rent Ratio - City Centre: 14.58
Price to Rent Ratio - Outside of Centre: 17.02
Gross Rental Yield (City Centre): 6.86%
Gross Rental Yield (Outside of Centre): 5.87%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre C$2,041.65 1,800.00-2,410.00
1 Bedroom Apartment Outside of City Centre C$1,730.00 1,500.00-2,000.00
3 Bedroom Apartment in City Centre C$3,137.50 2,600.00-3,600.00
3 Bedroom Apartment Outside of City Centre C$2,630.62 2,300.00-3,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre C$563.73 464.51-617.99
Price per Square Feet to Buy Apartment Outside of Centre C$555.22 362.32-631.74
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) C$5,251.49
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.29 3.90-4.70

These data are based on 195 entries from 36 contributors over the past 18 months.
Last update: 12 May 2026

Sources and References
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1 Comments so far
Gabriel Taylor on Feb 26, 2026:
Minus the need for my personal privacy online and in person, i do believe wholeheartedly that both myself and my wife and kids will make this move.