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Neighbourhood in Ottawa
Homes for rent in Central Park
Central Park is a quiet neighbourhood in Ottawa. It offers a mix of residential homes and is close to parks and amenities.
At a glance
Unit 908, 314 Central Park Drive
Ottawa (Central Park)
Listed 16 days ago
- 1Bedroom
- 1Bathroom
- 1Parking
- 700~799Sq.Ft.
Condo ApartmentFor Rent
Day to dayLivability
6
Schools near listings
out of 10 · averaged over 231 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$477,000
In Central Park
$477,000
In Ottawa
$649,900
In Ontario
$710,000
Median monthly rent
$2,045/mo
In Central Park
$2,045
In Ottawa
$2,500
In Ontario
$2,500
$960
Per square foot
≈ 19.4 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
11
Median $477,000
Condos 7 · Houses 4
For rent
3
Median $2,045
Condos 2 · Houses 1
Recently sold
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Recently leased
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Market data as of 2026-10-23. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Affordable compared to Ottawa's median prices
- Family-friendly with many parks
- Good community with a low crime rate
- Diverse population and strong community spirit
Keep in mind
- Limited public transit options
- Few restaurants and cafes available
The feel of the placeLifestyle
Daily life in Central Park is relaxed and community-oriented. Residents enjoy outdoor spaces and a peaceful atmosphere.
Within the boundaryWhat's nearby
The boundary
0.8 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
5
Parks
11
Playgrounds
1
Grocery stores
1
Restaurants
1
Cafés
2
Pharmacies
Counted across all 0.8 km² of Central Park. From OpenStreetMap, as of 2026-10-26.
The peopleWho lives here
3,970
Population (2021)
0.9 km²
Area
4,358
People per km²
43.1
Median age
$110,854
Median income
73%
Own their home
2.3
People per household
1,695
Households
Every age
- Children (under 15)13.7%
- Working age (15–64)69.6%
- Seniors (65+)16.7%
What is built here
- Detached houses26.5%
- Semi-detached9.8%
- Townhouses38.7%
- High-rise apartments25%
Own or rent
73%Owners
26%Renters
Across 1,695 households
When it was built
Mostly 2001–2005
- 1960 or earlier2%
- 1961–19805%
- 1981–19901%
- 1991–200030%
- 2001–200539%
- 2006–201016%
- 2011–20155%
- 2016–20210%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 37.5%
- Born outside Canada
- 57.2%
- Hold a degree or higher
- 65.6%
- Employment rate
- 11.1%
- Commute by transit
- 81.6%
- Commute by car
- 1.7
- Children per family
- $93,422
- Median income after tax
- $125,041
- Average household income
- 8.8%
- Living on a low income
- $1,526/mo
- Renters pay, per month
- $1,472/mo
- Owners pay, per month
- $571,602
- Median home value at census
- 19.4%
- Renters spending 30%+ of income on housing
- 12%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 5 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry
What homes in Central Park actually rent for
30 homes were leased in Central Park over the 12 months to September 2026. Half leased above $2,585 and half below, 4.9% lower than the 12 months before. A typical home found its tenant in 19 days — 5 days quicker than a year ago.
- Median rent
- $2,585
- -4.9% year over year
- Days to lease
- 19
- 5 days quicker
- Leases closed
- 30
- last 12 months
- Rent per square foot
- $2.28/mo
- from 29 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$2,995/mo
on a $3,000 asking rent — under ask by $5
- Of the asking rent
- 99.8%
- Leased over asking
- 6.7%
From 30 leases that closed here in the last 12 months.
Rent or buy in Central Park
16.4 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$508,056
63 sales
Median rent
$2,585/mo
30 leases
Gross rental yield
6.11%
before costs
Both figures come from deals that actually closed in Central Park over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
Every month behind these charts — Central Park, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 2 | Not enough leases this month to report a median | |||
| Aug 2026 | 3 | Not enough leases this month to report a median | |||
| Jul 2026 | 2 | Not enough leases this month to report a median | |||
| Jun 2026 | 3 | Not enough leases this month to report a median | |||
| May 2026 | 1 | Not enough leases this month to report a median | |||
| Apr 2026 | 1 | Not enough leases this month to report a median | |||
| Mar 2026 | 3 | Not enough leases this month to report a median | |||
| Feb 2026 | 4 | Not enough leases this month to report a median | |||
| Jan 2026 | 3 | Not enough leases this month to report a median | |||
| Dec 2025 | 1 | Not enough leases this month to report a median | |||
| Nov 2025 | 4 | Not enough leases this month to report a median | |||
| Oct 2025 | 3 | Not enough leases this month to report a median | |||
| Sep 2025 | 2 | Not enough leases this month to report a median | |||
| Aug 2025 | 2 | Not enough leases this month to report a median | |||
| Jul 2025 | 1 | Not enough leases this month to report a median | |||
| Jun 2025 | 4 | Not enough leases this month to report a median | |||
| May 2025 | 2 | Not enough leases this month to report a median | |||
| Apr 2025 | 2 | Not enough leases this month to report a median | |||
| Mar 2025 | 1 | Not enough leases this month to report a median | |||
| Feb 2025 | 3 | Not enough leases this month to report a median | |||
| Jan 2025 | 4 | Not enough leases this month to report a median | |||
| Dec 2024 | 1 | Not enough leases this month to report a median | |||
| Nov 2024 | 4 | Not enough leases this month to report a median | |||
| Oct 2024 | 2 | Not enough leases this month to report a median | |||
| Sep 2024 | 3 | Not enough leases this month to report a median | |||
| Aug 2024 | 2 | Not enough leases this month to report a median | |||
| Jul 2024 | 5 | $2,300 | $1,995 – $2,400 | 39 | 100.0% |
| May 2024 | 4 | Not enough leases this month to report a median | |||
| Apr 2024 | 2 | Not enough leases this month to report a median | |||
| Mar 2024 | 1 | Not enough leases this month to report a median | |||
| Feb 2024 | 1 | Not enough leases this month to report a median | |||
| Jan 2024 | 1 | Not enough leases this month to report a median | |||
31 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Central Park
How much does a home cost in Central Park?
Homes in Central Park sold for a median of $508,056 over the 12 months to September 2026, across 63 closed sales — half sold for more and half for less. That is 7.0% lower than the 12 months before it.
How long does it take to sell a home in Central Park?
A home in Central Park took a median of 24 days on the market over the 12 months to September 2026. Homes there closed at 98.6% of the asking price on average, with 12.7% selling over asking.
How much is rent in Central Park?
The median lease in Central Park closed at $2,585 a month over the 12 months to September 2026, across 30 leases.
Is it cheaper to rent or buy in Central Park?
A home in Central Park costs about 16.4 years of the rent on one — the median price of $508,056 against a median rent of $2,585 a month, a gross yield of 6.11%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Central Park on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is its own market
9 condo apartments are on the market in Central Park right now. Too few have closed here in the last year for us to publish a median we would stand behind.