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
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
BREAKING
BREAKING | Budget 2023 proposes across-the-board 3 per cent spending cut for government departments
The federal budget proposes an across-the-board three per cent spending cut for all departments and agencies, a belt-tightening move after years of massive growth in the federal public service.
Federal government capping excise tax on alcohol after outcry
The increase in excise duties on all alcoholic products is being temporarily capped at two per cent starting next month instead of a planned six per cent increase.
Projected cost of federal dental program set to more than double: Budget 2023
The federal budget shows the government's proposed dental-care insurance program will cost more than double what the Liberals originally thought, driving it up by another $7.3 billion over five years.
Could Canada soon standardize USB chargers? Feds looking into it, budget says
Tucked into the 2023 federal budget unveiled on Tuesday in Ottawa, the Liberals have announced plans to explore implementing a standard charging port across Canada, in an effort to save Canadians some money and reduce waste.
Liberals add foreign interference office, new money-laundering rules in latest budget
Prime Minister Justin Trudeau's Liberal government plans to launch a National Counter-Foreign Interference Office, amid ongoing scrutiny of allegations that Beijing interfered in recent federal elections.
opinion
opinion | The gun control debate in America has been silenced
In the wake of another deadly mass shooting in America, that saw children as young as nine years old shot and killed, the gun control debate is going nowhere, writes CTV News political analyst Eric Ham.
Young children, the head of their school and its custodian. These are the victims of the Nashville school shooting
Another American community is reeling after a shooter killed three 9-year-olds and three adults at a private Christian elementary school in Nashville. These are the three children and three adults whose lives were taken by the shooter.
Nashville police release chilling security camera footage of suspected school shooter
Nashville police have released security camera footage of a suspected shooter entering the private Christian elementary school. The shooting claimed the lives of three children, all aged nine, and three adults.
Atlantic
-
Senior Mounties involved in N.S. mass shooting response either retired or in new jobs
Almost three years after a man disguised as a Mountie started murdering people in Portapique, N.S., on the night of April 18, 2020, the senior RCMP officers and staff involved in the tragic case have all either retired or moved into new jobs.
-
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
-
N.B. patients and family of mystery brain disease call for fresh investigations
New Brunswickers suffering from a mystery neurological disorder are calling for an investigation into potential environmental causes of the health problems they've been living with for more than two years.
Toronto
-
Man accused of killing 'adventurous' teen in Toronto subway station wanted in Newfoundland
The man who killed a 16-year-old boy remembered as an avid adventurer has been wanted on an arrest warrant issued in a Newfoundland courtroom for nearly two years.
-
Family sues Hamilton, Ont. school board after 5-year-old girl loses part of finger in alleged bullying incident
The mother of a five-year-old girl said her daughter was allegedly bullied so badly she was left with a partially amputated finger from an incident in the washroom.
-
No money in federal budget to help fill Toronto's COVID-19 shortfall
There was no money set aside in the federal budget to help Toronto cover a nearly $1 billion COVID-19-related shortfall in its own spending plan.
Montreal
-
Quebec police officer stabbed and killed during arrest, second wounded
A Quebec provincial police officer was fatally stabbed Monday night while performing an arrest in Louiseville, west of Trois-Rivieres, Que. The Surete du Quebec (SQ) has confirmed the identity of the officer, Sgt. Maureen Breau, who had been on the force for over 20 years. She was assigned to the post of the MRC de Maskinonge. Another officer was injured during the incident, but their life is not in danger.
-
Police identify 6th and 7th victims of Old Montreal fire, both 18 years old
Montreal police say they have identified two more victims found in the rubble of a fire in Old Montreal 12 days ago. Charlie Lacroix and Walid Belkahla, both 18, are the sixth and seventh victims of the fire.
-
McGill student with ALS will lose access to her medication when she graduates
A 22-year-old McGill student who suffers from a terminal disease could soon lose access to the medication she needs because she's graduating from university.
Northern Ontario
-
One dead, one injured in MR55 crash between pickup, tanker
The driver of a pickup truck, a 47-year-old woman, has died after a crash with a tanker on MR55 in the Greater Sudbury community of Lively on Tuesday morning, police say.
-
Sudbury murder trial jury expected to begin deliberations
After five weeks of testimony, a Sudbury jury of 13 is expected to begin deliberations Tuesday in the Robert Steven Wright murder trial.
-
Family sues Hamilton, Ont. school board after 5-year-old girl loses part of finger in alleged bullying incident
The mother of a five-year-old girl said her daughter was allegedly bullied so badly she was left with a partially amputated finger from an incident in the washroom.
London
-
Toddler considered 'incredibly lucky' after cinderblock thrown through London, Ont. bedroom window
A London toddler is fortunate to have avoided serious injury after a giant cinderblock came through her bedroom window in the middle of the night. Around 4 a.m. on March 26, Riiver was sleeping with her head right under the front window of her home on Emerson Avenue.
-
WATCH
WATCH | London fire crews tackling large barn, grass fire in southeast London, Ont.
London fire crews are currently tackling a ‘large grass fire and working barn fire’ in the southeast section of the city Tuesday afternoon and are asking the public to avoid the area.
-
Death investigation involving child launched in Elgin County
OPP are investigating after discovering a child who was vital signs absent in West Elgin on Monday. According to police, no foul play is suspected in the child’s death.
Winnipeg
-
Winnipeg has not recorded a positive temperature since Valentine's Day. Here is how long the cold could last
Manitobans waiting for the temperature to warm up this spring will have to wait a little longer.
-
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
-
'It was my responsibility': Manitoba girl saves siblings from destructive house fire
A 12-year-old Manitoba girl is being hailed a hero after saving her two younger brothers from a house fire.
Kitchener
-
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
-
Crash downs hydro lines, closes roadway in Centre Wellington
A collision in Centre Wellington downed hydro lines and closed a portion of a road on Tuesday.
-
Guelph council approves additional $35.5 million to build South End Community Centre
Guelph is moving ahead with building a rec centre in the city’s south end despite the increased cost of construction.
Calgary
-
Police investigate suspicious death in downtown Calgary high rise
Police are investigating the circumstances of the death of a woman in a residential tower in downtown Calgary.
-
15-year-old girl shot to death in northeast Calgary
A 15-year-old girl was shot and killed in the northeast Calgary community of Martindale on Tuesday.
-
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
Saskatoon
-
Five-year-old Saskatoon boy suffers head injury in dog attack
A Saskatoon couple says they felt ignored by police after their five-year-old foster son was attacked by a dog outside the Meadowgreen Confectionary on March 22.
-
Saskatoon police on scene of standoff in Mount Royal neighbourhood
The Saskatoon police are on the scene of an apparent standoff in the Mount Royal neighbourhood this morning.
-
Saskatoon police identify body found in dumpster on Friday
Saskatoon police have released the identity of a man whose body was found inside a dumpster on Friday.
Edmonton
-
'Long road ahead of him': Employee shot at Edmonton Pizza Hut enters physiotherapy
The Pizza Hut employee who was shot at his workplace earlier this month is on the long road to recovery, his sister has confirmed Tuesday to CTV News Edmonton.
-
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
-
Alberta Energy Regulator to launch third-party probe of Kearl oilsands tailings leak
The Alberta Energy Regulator says it will launch an independent investigation into the tailings leak at Imperial Oil's Kearl oilsands mine.
Vancouver
-
'Once in a lifetime opportunity': Pair of B.C. resort properties in the Rockies listed for sale
A pair of sprawling resort properties in B.C. – complete with a hotel, ski runs and lifts, lakefront cabins, a campground, and a pub – are on sale for less than the price of some Vancouver tear-downs.
-
Pattullo Bridge to close for 4 days over Easter weekend
A busy bridge over the Fraser River will be closed through Easter weekend to accommodate ongoing construction work, TransLink announced Tuesday.
-
Bust of Mahatma Gandhi beheaded on B.C. university campus
Authorities are asking witnesses to come forward after security at Simon Fraser University discovered the head of the school's Mahatma Gandhi bust had been removed.
Regina
-
Sask. MLA Derek Meyers dies following battle with cancer
Derek Meyers, the MLA for Regina Walsh Acres has died following a battle with cancer, according to the province.
-
Regina mayor says city will follow Health Canada guidelines with asbestos cement pipes
Regina Mayor Sandra Masters said the city will more than likely continue to follow Health Canada guidelines when it comes to asbestos cement pipes (ACP) that carry drinking water to residents’ homes.
-
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.