Centretown is a prime-tier Ottawa submarket with average asking rent around C$36/sqft/yr · ≈ $26.6 PSF/yr USD.

  • Average asking rent: C$36/sqft/yr · ≈ $26.6 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: C$36/sqft/yr · ≈ $26.6 PSF/yr USD ($27 USD).
  • Citywide vacancy: 13.6% — submarket-level availability is typically tighter at prime tier.

Centretown, Ottawa office rents and availability

Centretown is a prime-tier Ottawa submarket with average asking rent around C$36/sqft/yr · ≈ $26.6 PSF/yr USD.

TL;DR

  • Average asking rent: C$36/sqft/yr · ≈ $26.6 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: C$36/sqft/yr · ≈ $26.6 PSF/yr USD ($27 USD).
  • Citywide vacancy: 13.6% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Centretown averages around C$36/sqft/yr · ≈ $26.6 PSF/yr USD for Class A, against a citywide Class A index of 36. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Tech and creative-class submarket. Tech (Shopify), advertising, design, professional services.

Key facts

cityOttawa
submarketCentretown
tierprime
averageRentLocalC$36/sqft/yr · ≈ $26.6 PSF/yr USD
cityClassARentUsd$27/sqft/yr
cityVacancyPct13.6%

Frequently asked questions

What is the average Class A rent in Centretown, Ottawa?
Around C$36/sqft/yr · ≈ $26.6 PSF/yr USD. The citywide Class A index sits at C$36/sqft/yr · ≈ $26.6 PSF/yr USD.

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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