Centretown / CBD (trophy, ~C$38/sqft/yr · ≈ $28.1 PSF/yr USD) is one of 4 Ottawa Class A submarkets we track.

  • Centretown / CBD sits at trophy tier.
  • Average rent C$38/sqft/yr · ≈ $28.1 PSF/yr USD vs city average 34.
  • Compared submarkets: Kanata North (Tech Corridor) (prime), Gloucester / Ottawa East (established), Gatineau / Hull (Quebec Side) (prime).

Centretown / CBD vs other Ottawa submarkets

Centretown / CBD (trophy, ~C$38/sqft/yr · ≈ $28.1 PSF/yr USD) is one of 4 Ottawa Class A submarkets we track.

TL;DR

  • Centretown / CBD sits at trophy tier.
  • Average rent C$38/sqft/yr · ≈ $28.1 PSF/yr USD vs city average 34.
  • Compared submarkets: Kanata North (Tech Corridor) (prime), Gloucester / Ottawa East (established), Gatineau / Hull (Quebec Side) (prime).

Side-by-side with peers

**Kanata North (Tech Corridor)** (prime, C$32/sqft/yr · ≈ $23.7 PSF/yr USD) — Canada's Silicon Valley North. **Gloucester / Ottawa East** (established, C$28/sqft/yr · ≈ $20.7 PSF/yr USD) — Government services and back-office belt. **Gatineau / Hull (Quebec Side)** (prime, C$30/sqft/yr · ≈ $22.2 PSF/yr USD) — Quebec-side federal and bilingual hub.

Key facts

cityOttawa
submarketCentretown / CBD
tiertrophy
averageRentLocalC$38/sqft/yr · ≈ $28.1 PSF/yr USD
cityClassARentUsd$25/sqft/yr
cityVacancyPct14.8%

Frequently asked questions

What other submarkets compete with Centretown / CBD in Ottawa?
Kanata North (Tech Corridor), Gloucester / Ottawa East, Gatineau / Hull (Quebec Side)

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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