• Investors can take advantage of Ottawa’s robust economy, solid rental market, and significant tourist influx, all of which create opportunities for them to enjoy the benefits of a successful Airbnb business.
• Using Airbtics’ Dashboard, we find the prime locations in Ottawa to invest in Airbnb. You’ll also discover other important information on these markets, including the recommended property types, potential revenue, and more.

Discover Where to Invest in Ottawa for Maximum Returns

Nestled on the banks of the Ottawa and Rideau rivers in the southern region of Ontario, we can find the capital city of Canada, Ottawa, a beautiful destination that is appraised for its picturesque setting. 

This cosmopolitan city is known for its thriving cultural scene, vibrant festivals, and beautiful green spaces that open the doors to plenty of outdoor activities. Of course, we can’t forget to mention that Ottawa is home to Rideau Canal, a UNESCO World Heritage Site, and one of the most popular attractions in the city. For this and many other reasons, Ottawa welcomes a great number of tourists, especially domestic overnight visitors. In fact, the city is one of the top family travel destinations in Canada.

Wondering where to invest in Ottawa? We got you! This article provides an overview of the top rental markets in the city, as well as some of the key benefits of investing in a rental property in Ottawa.

Main reasons to consider investing in Ottawa real estate

Thinking about getting into Ottawa’s rental market? That’s a great idea as it could lead your way to financial freedom because you can generate a steady passive income. But before you jump in, you need to know what kind of benefits you can get by owning an investment property in the city.

So if you’re wondering “is Ottawa a good place to invest in real estate?”, make sure to take a look at some of the reasons why buying an income property in Ottawa is a great idea:

• High rental demand

Property investors in Ottawa can expect to obtain good rental yields when investing in short-term lettings. There are a lot of people who are looking for rental housing, like university students, government workers, and the like. This generates a solid demand for rental properties, which can benefit investors who wish to generate passive income through rental properties.

In addition, Ottawa is among the 5 best cities in Canada for real estate investment. Thus, it’s almost guaranteed that a short-term rental could bring a rewarding investment experience to investors like you.

• Diversified economy & plenty of job opportunities

As the political and cultural center of Canada, Ottawa owns a solid and diversified economy, It is home to many government-related offices such as the Canadian Parliament. Some of the key industries are financial services, healthcare and education. Additionally, Ottawa is also emerging as a technology hub, with numerous high-tech companies and startups setting up in the city. Thanks to this, the city features a strong job market which provides employment opportunities in a variety of sectors.

It should also be considered that tourism is an important industry in Ottawa. Hence, investors looking to cater to tourist accommodations can look favorably upon the Ottawa rental market. 

• Great city with amazing living conditions

It’s undeniable that Ottawa offers superb living conditions and for this reason, has consistently been recognized as one of the most livable cities in Canada. The city provides a mix of city life and nature, with lots of parks, trails for walking and biking, and outdoor activities all year round. It has a quality life index of 161.6, ranking among the top cities in Nothern America.