Ottawa one of the least expensive capital cities for homebuyers, report suggests
File photo of downtown Ottawa. (Photo by Robbie Palmer of Unsplash)
Ottawa is one of the least expensive capital cities for homebuyers, according to numbers crunched by a UK-based insurance company.
The CIA Landlords Insurance study, published Jan. 3, 2023, ranked average house sizes in 30 of the UK's most populous cities and compared the figures globally.
Using price per square metre data from Numbeo.com, a crowd-sourced data aggregator, the agency reported that Ottawa has one of the lowest prices per square metre compared to 22 other global capitals.
Ottawa ranked third for price per square metre to buy a house in the city core at 4,227 GBP, or just under $7,000 CAD (around $650 per square foot). The cheapest homes, of the cities listed in the report, are found in Athens, Greece, which come in at just over $3,700 CAD per sq. m. Brussels, Belgium was second at around $5,600 CAD per sq. m.
London, UK, by comparison, costs nearly $20,000 CAD per sq. m., according to the cited data, while Washington, D.C.'s price came in at around $10,600 per sq. m.
The Numbeo figure used for the report is cited on the page as "price per square meter to buy an apartment in city centre" and is based on the higher end of a range between $4,700 and $8,300. It says data compiled for Ottawa was based on 228 entries from 43 contributors in the past 18 months and was last updated this month.
Canadian homes are also some of the largest, CIA Landlords Insurance claimed.
Using data on Canadian home sizes from ShrinkMyFootprint.com (which itself cites the Canadian Home Builders' Association as a source), the CIA Landlords UK report said the average home in Ottawa is around 181 sq. m., or 1,948 sq. ft., more than double the size of the average London, UK home at just 72 sq. m. (around 775 sq. ft.).
Canadian homes ranked fourth among global capitals for home size, behind Australia at 214 sq. m. (2,303 sq. ft.), New Zealand at 202 sq. m. (2,174 sq. ft.) and the U.S. at 201 sq. m. (2,163 sq. ft.)
CTVNews.ca Top Stories
Upgrading Safe Third Country Agreement about reassuring Canadians: PM Trudeau
Prime Minister Justin Trudeau says he feels it is his role to see the Safe Third Country Agreement upgraded, in order to make sure Canadians can continue to have confidence in Canada's immigration system.
Here are the locations of the first 12 new Zellers stores
Zellers has opened the first of 25 new locations within Hudson's Bay stores across the country. The Canadian retail chain launched 12 stores in Ontario and Alberta Thursday, along with a new e-commerce website.
South Carolina's top accountant to resign after US$3.5-billion error
Embattled South Carolina Comptroller General Richard Eckstrom will resign next month after a US$3.5 billion accounting error in the year-end financial report he oversaw.
Via Rail revisiting inclusion policies after Muslim man told not to pray at Ottawa station
Via Rail says it is working to improve its diversity and inclusion policies after a Muslim man was told not to pray at the Ottawa train station.
RCMP arrest suspect in Montreal on terrorism allegations after tip from FBI
The Royal Canadian Mounted Police (RCMP) arrested an 18-year-old man from the Saint-Laurent borough of Montreal on Thursday morning in connection with allegations of terrorism.
Largest recorded Alberta earthquake not natural, from oilsands wastewater: study
The largest recorded earthquake in Alberta's history was not a natural event, but most likely caused by disposal of oilsands wastewater, new research has concluded.
Autism now more common among Black, Hispanic kids in U.S.
For the first time, autism is being diagnosed more frequently in Black and Hispanic children than in white kids in the U.S., the Centers for Disease Control and Prevention said Thursday.
Chicago Blackhawks won't wear Pride jerseys, cite Russian law
At least one National Hockey League team with a Russian player has decided against wearing special warmup jerseys to commemorate Pride night, citing an anti-gay Kremlin law that could imperil Russian athletes when they return home.
Manhattan DA rejects GOP demand for info on Trump case
The Manhattan district attorney investigating Donald Trump rebuffed U.S. House Republicans' request Thursday for documents and testimony about the case, dismissing it as an "unprecedented inquiry" with no legitimate basis.
Atlantic
-
N.S. government includes record-high health-care spending in 2023-24 budget
The Tim Houston PC government remains firm in their promise they'll fix the health-care system by spending more taxpayer money on health than any previous government before.
-
Snow and rain will continue into Thursday night for the Maritimes
The rate of snow and rain falling in the Maritimes will pick up late Thursday afternoon into evening as a weather system makes its way across the region.
-
'I've lost everything': Homeowners lose everything after rural Shepody, N.B. home destroyed by fire
A couple in Shepody, N.B., has lost everything after their home was destroyed by fire Wednesday afternoon.
Toronto
-
WATCH LIVE
WATCH LIVE | Ontario will table its 2023 budget Thursday. Here’s what you need to know
This is what you need to know about the 2023 Ontario budget being tabled Thursday.
-
3-year-old girl dead after struck by vehicle in driveway in Peterborough
A three-year-old girl has died after being struck by a vehicle in a driveway in Peterborough, police say.
-
Crowds of Toronto shoppers line up for Zellers grand reopening
Crowds of nostalgic shoppers poured into Zellers as the Canadian retail chain opened its doors once again at select stores in Ontario.
Montreal
-
Friends trying to reassemble Camille Maheux's photography after death in Old Montreal fire
Friends of Camille Maheux are trying to assemble some of her life's work. The 76-year-old photographer was killed in the Old Montreal fire and her photographs and negatives were destroyed.
-
RCMP arrest suspect in Montreal on terrorism allegations after tip from FBI
The Royal Canadian Mounted Police (RCMP) arrested an 18-year-old man from the Saint-Laurent borough of Montreal on Thursday morning in connection with allegations of terrorism.
-
Negotiations underway to eliminate 'Roxham Roads' in Canada: source
Canada and the United States are negotiating a deal that could designate all 8,900 kilometres of their shared border as an official crossing under the Safe Third Country Agreement.
Northern Ontario
-
Sudbury murder trial nears conclusion, closing arguments Monday
The second-degree murder trial of Robert Steven Wright resumed briefly Thursday morning, with the defence formally wrapping up its case.
-
Canada’s top court rules evidence from unlawful spot check can be used in Northern Ont. impaired driving case
The Supreme Court of Canada has reinstated the impaired driving conviction of a northern Ontario man, despite agreeing that his rights were breached during his arrest.
-
Woman receives free gift, but signs contract for $7,000 vacuum cleaner
A Toronto woman said she received a free air purifier as an online promotion, but also signed up for a $7,000 vacuum cleaner in the process.
London
-
'Attempt to commit murder' charge laid after random stabbing
Charges have now been laid after a stabbing in London earlier this week. A 19-year-old man was arrested on Wednesday after the incident happened on Tuesday.
-
Wonderland Road sees another multi-vehicle crash
Emergency crews on scene of a two vehicle collision at the intersection of Oxford St W & Wonderland Rd N.
-
Zurich remembers doctor who cared for village for 50 years
For 50 years, Dr. Charles Wallace was Zurich’s doctor. He cared for generations of families, and saved many lives along the way, including Sherri Penn’s son, who needed Dr. Wallace’s help with a neo-natal infection just days after birth.
Winnipeg
-
BREAKING
BREAKING | Council agrees to settlement for downtown Winnipeg Police headquarters lawsuits
Winnipeg City Council has agreed to settle two lawsuits the city brought forward related to cost overruns with the downtown Winnipeg police station project.
-
Winnipeg hospital says doctors are now helping sexual assault examination program
A Winnipeg hospital official says another nurse has resigned from a sexual assault examination program, and other health-care professionals are stepping in to fill the gap.
-
Winnipeg council votes to rename Bishop Grandin roadways
Winnipeg's city council has voted unanimously in favour of renaming several roadways currently named after a bishop remembered as one of the architects of the residential school system.
Kitchener
-
Welcome back Zellers: Cambridge location opens amid wave of nostalgia
The resurrection of Zellers is officially underway with the Cambridge location opening its doors to eager shoppers who lined up ahead of the store's official reopening.
-
Suspicious fire at old bowling alley shuts down major road in Cambridge
A fire at the former Dickson Bowl in downtown Galt has shut down a portion of a major Cambridge road.
-
Peregrine falcons return to CTV Kitchener
Calling all falcon watchers! The peregrines have once again returned to CTV Kitchener’s nesting box, high above our studio on King Street West.
Calgary
-
Bring on the nostalgia: Zellers celebrates grand re-opening in Calgary
Dozens of Calgarians lined up in excitement Thursday morning at Sunridge Mall to be among the first to experience the grand re-opening of Zellers.
-
Semi-truck crashes into overpass, closing 2 lanes of Deerfoot Trail
Two lanes of Calgary's Deerfoot Trail are closed to southbound traffic at 32 Avenue N.E. after a semi-truck hauling a excavator hit an overpass.
-
'Alberta's allure' attracting Canadians from coast-to-coast
As almost 40,000 people uprooted themselves from Ontario and moved to Alberta last year, the provincial government suggests the new population data is proof the 'Alberta is Calling' advertising campaign is working.
Saskatoon
-
Saskatoon Lighthouse: Court overturns decision that called for director's removal
A 2021 court order to remove Lighthouse Supported Living Inc. director Don Windels from the organization has been overturned by the Saskatchewan appeal court.
-
See the 1982 Saskatoon blades rack up 6 goals in under 2 minutes
Recently unearthed CTV archival footage shows the Saskatoon Blades accomplishing something that seems almost impossible.
-
Closing arguments expected in Ally Moosehunter homicide case
Closing arguments are set for next week in the first-degree murder case of a man accused of killing his girlfriend.
Edmonton
-
Ballistics confirm link between Pizza Hut, Edmonton police shootings
Edmonton Police Service investigators believe the 16-year-old boy who fatally shot two EPS officers is the same person who seriously injured an employee in a shooting at a Pizza Hut restaurant.
-
Details of regimental funeral for Travis Jordan, Brett Ryan announced
Additional details have been released about the funeral for Constables Travis Jordan and Brett Ryan.
-
Alberta Court of Appeal hearing begins for Ontario man found guilty of manslaughter
The Alberta Court of Appeal is hearing arguments that an Ontario truck driver should be tried for a third time in the death of an Indigenous woman in 2011.
Vancouver
-
Woman suspected of ATM thefts in 2021 remains at large: Chilliwack RCMP
The suspect in a series of ATM thefts that happened 20 months ago in the Upper Fraser Valley remains at large, prompting a public appeal by Chilliwack RCMP.
-
Metro Vancouver rental market: RBC report warns of growing rental crunch
Anyone who has tried to rent a home in Metro Vancouver recently already knows just how challenging it can be to find an affordable place — and a new report suggests the situation will worsen in the coming years.
-
Mounties reveal identity of Surrey shooting victim, search for suspect vehicle
A 38-year-old man who recently moved to Surrey with his family has been identified as the victim of a fatal shooting earlier this month.
Regina
-
Man arrested after claiming to have gun on Regina city bus
A man who claimed to have a gun while on a Regina city bus has been arrested without incident.
-
'Bad for the city': Regina Mayor, Experience Regina CEO break silence on tourism slogans
The Mayor of Regina calls tourism slogans that were rolled out as part of a rebrand last week “sexist” and “wrong.”
-
'There is quite a discrepancy': Survey results vary on proposed downtown arena in Regina
The amount of support and opposition residents have for a downtown arena depends on which survey City of Regina officials are looking at.