Ottawa, Canada
Property prices · 2025 · Americas · Price +3.5% vs 2024
Property price trend in Ottawa (2024–2026)
Property comparison — cities in Canada (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Ottawa |
|---|---|---|---|---|
| Ottawa | CAD 6,003 | CAD 3,933 | CAD 1,863 | — |
| Vancouver | CAD 15,080 | CAD 9,880 | CAD 2,912 | +151.2% |
| Toronto | CAD 13,000 | CAD 8,528 | CAD 2,600 | +116.6% |
| Montreal | CAD 7,072 | CAD 4,680 | CAD 1,872 | +17.8% |
| Calgary | CAD 5,382 | CAD 3,519 | CAD 1,966 | -10.3% |
| Edmonton | CAD 3,933 | CAD 2,588 | CAD 1,449 | -34.5% |
| Quebec City | CAD 3,622 | CAD 2,380 | CAD 1,138 | -39.7% |
Other Americas cities (2025)
Frequently asked questions
How much does property cost in Ottawa in 2025?
In Ottawa, the average price per sqm in the city centre is CAD 6,003, and CAD 3,933 outside the centre (2025 data). Prices have risen 6.3% since 2024.
How much is rent in Ottawa in 2025?
A 1-bedroom apartment in Ottawa rents for approximately CAD 1,863 per month in 2025. A 3-bedroom apartment costs around CAD 3,001/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 2025?
The average mortgage rate in Canada is approximately 5.30% as of 2025. 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 +3.5% vs 2024. 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 6,003 in 2025. Outside the centre, expect to pay around CAD 3,933/sqm.