Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 6.53
Mortgage as Percentage of Income: 53.79%
Loan Affordability Index: 1.86
Price to Rent Ratio - City Centre: 17.05
Price to Rent Ratio - Outside of Centre: 13.28
Gross Rental Yield (City Centre): 5.87%
Gross Rental Yield (Outside of Centre): 7.53%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,029.63 C$ 1,800.00-2,300.00
Apartment (1 bedroom) Outside of Centre 1,734.48 C$ 1,500.00-2,002.00
Apartment (3 bedrooms) in City Centre 3,136.82 C$ 2,800.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,566.77 C$ 2,300.00-3,000.00
Buy Apartment Price
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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 429.67 C$ 360.00-558.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,479.86 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.48 4.30-6.90

These data are based on 233 entries from 43 contributors over the past 18 months.
Last update: 4 June 2025

Sources and References
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