Ontario

Ottawa Land Market Report 2025 — Prices, Cap Rates & Trends

In the Ottawa land market, the median recorded sale price is $3,500,000, across 166 recorded transactions, between 2021-09-07 to 2025-12-31.

Analyze a deal

$3.5M

Median sale price

166

Recorded transactions

33.3%

YoY change in median

Price distribution

Where Ottawa land sale prices sat across 166 recorded transactions.

Median sale price by year

5 of 5 years in the window carried enough recorded sales to plot a median for Ottawa land.

Recorded transaction volume by year

Year	Recorded transactions
2021	16
2022	50
2023	24
2024	33
2025	43

This market vs. Ontario overall

Metric	Ottawa	Ontario
Median sale price	$3,500,000	$2,194,500
25th percentile	$1,987,113	$1,325,000
75th percentile	$9,597,598	$4,750,000
Recorded transactions	166	29,749
Year-over-year change	+33.3%	-5.5%

Asset classes in Ottawa

Asset class	Median price	Transactions
Industrial	$3.4M	163
Land	$3.5M	166
Multifamily	$2.1M	467
Office	$4.7M	197
Other	$2.5M	310
Retail	$2.6M	199

Land across Ontario markets

Market	Median price	Transactions
Barrie	$4.4M	95
Belleville	$3.7M	14
Brantford	$4.8M	78
Greater Sudbury	$1.9M	17
Guelph	$4M	52
Hamilton	$3.9M	139
Kingston	$2.2M	24
Kitchener-Cambridge-Waterloo	$4.7M	109
London	$3.3M	94
Oshawa	$2.8M	75
Ottawa	$3.5M	166
Peterborough	$1.6M	13
St. Catharines-Niagara	$2.3M	128
Thunder Bay	$2.8M	6
Toronto	$8.5M	617
Windsor	$1.7M	104

Rental market context

The CMHC Rental Market Survey reports a 3.8% purpose-built rental vacancy rate for Ottawa-Gatineau (Qué. part) (2025). This is residential rental context, not a commercial metric.

Recent recorded sales

Month	Area	Price band	Type
2025-12	Ottawa, ON	$3.5M–$4.0M	Land
2025-12	Gloucester, ON	$1.5M–$2.0M	Land
2025-12	Ottawa, ON	$3.5M–$4.0M	Land

Municipality, month and price band only.

Common questions

What is the median land sale price in Ottawa?

$3,500,000, across 166 recorded transactions in our dataset.

Are Ottawa land prices rising or falling?

The median recorded sale price changed +33.3% year over year in the most recent full comparison.

Methodology

This page draws on 166 recorded commercial transactions in Ottawa between 2021-09-07 and 2025-12-31, from the EVALUAITE Market Intelligence dataset. A city and asset class is published only once it carries at least 50 recorded transactions.

Too few of these sales reported a cap rate to publish a range, so none is shown. All 5 years in the window carried enough sales to plot a median. The year-over-year comparison had enough sales on both sides to compute. CMHC rental context is available for this market.

Prepared by the EVALUAITE Market Intelligence team.