Centretown (prime, ~C$36/sqft/yr · ≈ $26.6 PSF/yr USD) is one of 5 Ottawa Class A submarkets we track.

  • Centretown sits at prime tier.
  • Average rent C$36/sqft/yr · ≈ $26.6 PSF/yr USD vs city average 36.
  • Compared submarkets: Downtown (trophy), Kanata North (trophy), West End (Tunney's Pasture / Westboro) (prime).

Centretown vs other Ottawa submarkets

Centretown (prime, ~C$36/sqft/yr · ≈ $26.6 PSF/yr USD) is one of 5 Ottawa Class A submarkets we track.

TL;DR

  • Centretown sits at prime tier.
  • Average rent C$36/sqft/yr · ≈ $26.6 PSF/yr USD vs city average 36.
  • Compared submarkets: Downtown (trophy), Kanata North (trophy), West End (Tunney's Pasture / Westboro) (prime).

Side-by-side with peers

**Downtown** (trophy, C$38/sqft/yr · ≈ $28.1 PSF/yr USD) — Federal trophy core. **Kanata North** (trophy, C$32/sqft/yr · ≈ $23.7 PSF/yr USD) — Canada's largest tech cluster. **West End (Tunney's Pasture / Westboro)** (prime, C$32/sqft/yr · ≈ $23.7 PSF/yr USD) — Federal services corridor. **Gatineau / Hull** (prime, C$30/sqft/yr · ≈ $22.2 PSF/yr USD) — Quebec-side federal cluster.

Key facts

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

Frequently asked questions

What other submarkets compete with Centretown in Ottawa?
Downtown, Kanata North, West End (Tunney's Pasture / Westboro)

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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