Year: 2026 2025 2024
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Ottawa, Canada

Property prices · 2026 · Americas · Price +2.7% vs 2025

Price/sqm — City Centre CAD 6,165
Price/sqm — Outside Centre CAD 4,039
1-Bed Rent / Month CAD 1,913
3-Bed Rent / Month CAD 3,083
Avg Mortgage Rate 5.30%
Price-to-Rent Ratio 15.0x Buying may offer better long-term value

Property price trend in Ottawa (2024–2026)

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Property comparison — cities in Canada (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Ottawa
Ottawa CAD 6,165 CAD 4,039 CAD 1,913
Vancouver CAD 15,515 CAD 10,165 CAD 2,996 +151.7%
Toronto CAD 13,375 CAD 8,774 CAD 2,675 +117%
Montreal CAD 7,276 CAD 4,815 CAD 1,926 +18%
Calgary CAD 5,528 CAD 3,614 CAD 2,020 -10.3%
Edmonton CAD 4,039 CAD 2,658 CAD 1,488 -34.5%
Quebec City CAD 3,720 CAD 2,445 CAD 1,169 -39.7%

Other Americas cities (2026)

Frequently asked questions

How much does property cost in Ottawa in 2026?

In Ottawa, the average price per sqm in the city centre is CAD 6,165, and CAD 4,039 outside the centre (2026 data). Prices have risen 6.3% since 2024.

How much is rent in Ottawa in 2026?

A 1-bedroom apartment in Ottawa rents for approximately CAD 1,913 per month in 2026. A 3-bedroom apartment costs around CAD 3,083/month.

Is it better to buy or rent in Ottawa?

Buying may offer better long-term value in Ottawa. The price-to-rent ratio is 15.0x — it would take approximately 15.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.30%.

What are mortgage rates in Canada in 2026?

The average mortgage rate in Canada is approximately 5.30% as of 2026. With a price-to-rent ratio of 15.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Ottawa changed?

Property prices in Ottawa have changed +2.7% vs 2025. Since 2024, prices have increased by 6.3%. Use the year tabs above to compare prices across years.

What is the price per sqm in Ottawa?

The average property price per square metre in Ottawa city centre is CAD 6,165 in 2026. Outside the centre, expect to pay around CAD 4,039/sqm.

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