Property Prices in Mississauga, Canada

Index Info
Price to Income Ratio: 8.81
Mortgage as Percentage of Income: 82.40%
Loan Affordability Index: 1.21
Price to Rent Ratio - City Centre: 23.40
Price to Rent Ratio - Outside of Centre: 10.49
Gross Rental Yield (City Centre): 4.27%
Gross Rental Yield (Outside of Centre): 9.53%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,570.00 C$ 2,400.00-3,000.00
Apartment (1 bedroom) Outside of Centre 2,235.71 C$ 2,000.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,622.22 C$ 3,400.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 3,255.56 C$ 3,000.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,099.74 C$ 812.99-1,332.99
Price per Square Feet to Buy Apartment Outside of Centre 434.42 C$ 123.84-744.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,684.04 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.06 5.36-8.75

These data are based on 118 entries in the past 18 months from 30 different contributors.
Last update: May 2024

Sources and References
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