Ottawa mortgage calculator
See the true monthly cost of any Ottawa home — paste a listing URL and get your full breakdown including Ontario land transfer tax instantly.
See the real cost of any Ottawa home.
Paste any Realtor.ca, Zolo, or MLS listing URL.
Analyze an Ottawa listing nowOttawa housing market at a glance (2025)
Ottawa offers one of the most stable housing markets in Canada, anchored by federal government employment. Prices sit well below Toronto and Vancouver while still delivering steady long-term appreciation.
Ottawa land transfer tax
Ottawa buyers pay Ontario's provincial land transfer tax but unlike Toronto there is no additional municipal land transfer tax. This makes Ottawa significantly cheaper to close on than Toronto for the same purchase price.
Ontario LTT on a $635,000 Ottawa home
- First $55,000 at 0.5% = $275
- $55,000 to $250,000 at 1.0% = $1,950
- $250,000 to $400,000 at 1.5% = $2,250
- $400,000 to $635,000 at 2.0% = $4,700
- Total Ontario LTT: approximately $9,175
First-time buyer rebate
Ontario first-time buyers receive up to $4,000 rebate on provincial LTT. Unlike Toronto, there is no second municipal tax to rebate — making the rebate proportionally more valuable here.
Ottawa stress test — what income do you need?
To qualify for a mortgage on an average Ottawa home at $635,000 with 10% down ($63,500):
- Mortgage required: $571,500 plus CMHC premium
- Stress test qualifying rate: 7.5%
- Required household income: approximately $125,000
- Monthly payment at actual rate (5.5%): $3,400
Ottawa is home to a large federal government workforce with stable employment and good salaries — making it one of the most mortgage-friendly major cities in Canada in terms of income-to-price ratio.
Ottawa — Canada's most stable housing market
Ottawa's housing market is underpinned by the federal government, which is the city's largest employer. This creates remarkable job stability and consistent housing demand regardless of economic cycles. Ottawa has historically seen lower price volatility than Toronto or Vancouver while still delivering steady long-term appreciation.
Calculate your Ottawa mortgage instantly
Paste any Realtor.ca, Zolo, or MLS Ottawa listing URL into Smart Mortgage Calculator and get your full monthly payment, Ontario land transfer tax, CMHC insurance if applicable, and stress test result instantly.
Ottawa mortgage affordability by neighbourhood
| Area | Avg price | Min down payment | Est. monthly payment |
|---|---|---|---|
| Centretown | $550,000 | $30,000 | $3,046 |
| Westboro | $750,000 | $50,000 | $4,155 |
| Barrhaven | $620,000 | $37,000 | $3,434 |
| Kanata | $680,000 | $43,000 | $3,766 |
| Gloucester | $580,000 | $33,000 | $3,212 |
| Gatineau QC | $380,000 | $19,000 | $2,105 |
Note: Payments estimated at 5.5% rate, 25-year amortization, 20% down where applicable.
Ottawa mortgage guides
- How much mortgage can I afford in Canada?
- First-time home buyer incentives in Canada
- Mortgage pre-approval in Canada
Calculate your Ottawa mortgage instantly
Full payment breakdown, land transfer tax, CMHC insurance, and stress test in seconds.
Analyze an Ottawa listing nowMarket data and tax figures are estimates as of 2025. Always confirm current rates and rules with a licensed mortgage broker before making real estate decisions.