Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 4.97
Mortgage as Percentage of Income: 37.01%
Loan Affordability Index: 2.70
Price to Rent Ratio - City Centre: 14.44
Price to Rent Ratio - Outside of Centre: 15.43
Gross Rental Yield (City Centre): 6.92%
Gross Rental Yield (Outside of Centre): 6.48%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,970.77 C$ 1,700.00-2,400.00
1 Bedroom Apartment Outside of City Centre 1,700.38 C$ 1,500.00-2,000.00
3 Bedroom Apartment in City Centre 3,110.00 C$ 2,750.00-3,600.00
3 Bedroom Apartment Outside of City Centre 2,538.81 C$ 2,300.00-3,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 545.01 C$ 464.51-617.99
Price per Square Feet to Buy Apartment Outside of Centre 491.08 C$ 353.03-631.74
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,614.75 C$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.28 3.84-4.70

These data are based on 261 entries from 40 contributors over the past 18 months.
Last update: 12 January 2026

Sources and References
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