Planning a real estate investment? Looking to buy a condominium in Ottawa to rent out to tenants?

Knowing market rents for your neighbourhood, building and property type is very important. You will also want to consider the vacancy rate for the type of property and area you are looking at.

In 2016 the vacancy rate for Ottawa was 4.7% in condo buildings with 3 to 19 units. The vacancy rates drop significantly as we move to larger condo buildings. You can expect a vacancy rate of 1.8% for units...