Property Prices Comparison Between Montreal and Toronto 

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Rent Per Month
 Montreal Edit Toronto Edit Difference
Apartment (1 bedroom) in City Centre 1,663.80 C$ 2,524.60 C$      +51.7 %
Apartment (1 bedroom) Outside of Centre 1,281.25 C$ 2,164.27 C$      +68.9 %
Apartment (3 bedrooms) in City Centre 2,985.00 C$ 4,436.51 C$      +48.6 %
Apartment (3 bedrooms) Outside of Centre 2,161.41 C$ 3,621.75 C$      +67.6 %
Buy Apartment Price
 Montreal Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 921.03 C$ 1,303.09 C$      +41.5 %
Price per Square Feet to Buy Apartment Outside of Centre 530.53 C$ 1,019.91 C$      +92.2 %
Salaries And Financing
 Montreal Edit Toronto Edit
Average Monthly Net Salary (After Tax) 3,739.30 C$ 4,752.90 C$      +27.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.39 6.52      +2.0 %
Last update: May 2024May 2024
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