Policy2.25%Prime4.45%5Y posted6.09%
BOC · Official series

V105 CITY PROFILE · ON

Ottawa

Balanced/mixed · baseline updated February 2026.
Market trends →
Benchmark price$648,000 2.9%
Average 2BR rent$1,9263% vacancy
Estimated mortgage$3,369/mobaseline assumption
Population1.5M2021 census baseline

Market scores

Affordability61

Relative purchasing accessibility compared with local incomes.

Rental competition51

Higher scores indicate a tighter rental market.

Investment potential51

Composite yield, growth and market-balance signal.

New construction22

Recent housing construction and permit momentum.

Market activity59

Price movement and buyer-activity conditions.

Buyer demand61

Population, migration and housing-demand pressure.

Housing supply70

How closely housing supply is keeping pace with demand.

Overall score51

Combined market, affordability, supply and demand rating.

Housing economics

Price-to-rent ratio
28.04
Gross rent yield
3.57%
Payment-to-rent ratio
1.749×
Building permits
$297M
Stress-test rate
8.09%
Historical payment median
$3,812