Ottawa Housing Affordability

Ottawa offers more affordable housing compared to other cities

Ottawa Mortgage

In Ottawa, a single-family house ownership costs take up 40.7% of a typical household’s pre-tax income.

Ottawa Housing Affordability
Type Price Affordability*
Q4 2017
Single-family detached $451,600 40.7%
Condominium apartment $302,900 26.4%
Q1 2018
Single-family detached $454,200 41.2%
Condominium apartment $290,300 25.7%
Q2 2018
Single-family detached
Condominium apartment
Q3 2018
Single-family detached
Condominium apartment
Source: RBC

*The RBC Housing Affordability Measures show the proportion of median pre-tax household income that would be required to service the cost of mortgage payments (principal and interest), property taxes, and utilities based on the median market price for single-family detached homes and condo apartments. The higher the measure, the more difficult it is to afford a home.

The affordability measures are based on a 25% down payment, a 25-year mortgage loan at a five-year fixed rate, and are estimated on a quarterly basis for 14 major urban markets in Canada and a national composite.


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