Property Prices in Ottawa, Canada

Index Info
Price to Income Ratio: 7.83
Mortgage as Percentage of Income: 68.77%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 17.34
Price to Rent Ratio - Outside of Centre: 18.43
Gross Rental Yield (City Centre): 5.77%
Gross Rental Yield (Outside of Centre): 5.42%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,006.72 C$ 1,800.00-2,300.00
Apartment (1 bedroom) Outside of Centre 1,765.31 C$ 1,550.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,056.40 C$ 2,600.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,541.47 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 600.17 C$ 400.00-799.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,317.37 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.26 4.99-6.90

These data are based on 272 entries in the past 18 months from 46 different contributors.
Last update: December 2024

Sources and References
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