Property Prices in Montreal, Canada

Index Info
Price to Income Ratio: 11.02
Mortgage as Percentage of Income: 98.03%
Loan Affordability Index: 1.02
Price to Rent Ratio - City Centre: 28.40
Price to Rent Ratio - Outside of Centre: 21.54
Gross Rental Yield (City Centre): 3.52%
Gross Rental Yield (Outside of Centre): 4.64%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,645.10 C$ 1,370.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,282.43 C$ 1,000.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,994.59 C$ 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,160.00 C$ 1,750.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 951.88 C$ 798.49-1,499.99
Price per Square Feet to Buy Apartment Outside of Centre 543.74 C$ 464.51-1,099.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,653.21 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.43 5.00-7.00

These data are based on 348 entries in the past 18 months from 73 different contributors.
Last update: May 2024

Sources and References
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1 Comments so far
Beverly on Oct 01, 2023:
I'm looking for a duplexes single family dwelling home