House and condo buyers in Canada’s capital are getting more home for their real estate dollar, a new survey has found.
Century 21 Canada recently found that the price per square foot of a detached Ottawa home is among the lowest in the country at $215. Condos are slightly higher at $347 per square foot.
That puts the city in the same league as Red Deer, Alta., and below North Calgary, the real estate firm says.
(Sponsored)
Invest with confidence: Hydro Ottawa funds technical studies for business retrofits
For Ottawa businesses, the opportunity to improve building performance has never been greater. Energy retrofits can cut emissions, strengthen operations, extend the life of assets, reduce operating costs, and position
Giving Guide 2025: Ottawa Regional Cancer Foundation
As Ottawa’s only Community Cancer Hub, we are delivering Supportive Cancer Care through dynamic collaborations with over 70 diverse community partners.
To put the number in context, the comparable figure for a detached home in West Vancouver is $1,210 per square foot, according to Century 21. It also found that condo buyers in downtown Toronto can expect to pay slightly less than $819 per square foot.
Local economic development officials are increasingly using Ottawa’s relative housing affordability when marketing the city to skilled workers from other Canadian urban centres.
