Buying a home as
a resident in Ottawa?
Ottawa pairs a large teaching-hospital resident population with prices well below Toronto and only the provincial land transfer tax. Buying during residency is very practical here.
The short answer.
Yes. An Ottawa medical resident can buy under a physician program on projected attending income with 10% down. Ottawa charges only the Ontario provincial land transfer tax, with no municipal surcharge, and prices are well below Toronto, which makes buying during residency unusually practical.
Qualifying as an Ottawa resident.
The Ottawa Hospital and CHEO anchor a large resident and fellow population through the University of Ottawa. A physician program qualifies these residents on projected attending income rather than the stipend, and because Ottawa prices sit well below Toronto, a freehold townhome or even a starter house is often within reach.
Ottawa closing costs versus Toronto.
No municipal land transfer tax
Questions doctors ask.
All guidesCan a medical resident buy a home in Ottawa?
Yes. Under a physician program, an Ottawa resident qualifies on projected attending income with 10% down. Prices below Toronto often make a freehold townhome or starter house realistic during residency.
How much is land transfer tax in Ottawa?
Ottawa charges only the Ontario provincial land transfer tax, roughly $10,500 on a $700,000 home, with no municipal surcharge and first-time buyer rebates available.
