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 1,674.91 C$ 2,510.38 C$      +49.9 %
Apartment (1 bedroom) Outside of Centre 1,319.02 C$ 2,234.56 C$      +69.4 %
Apartment (3 bedrooms) in City Centre 2,950.00 C$ 4,452.94 C$      +50.9 %
Apartment (3 bedrooms) Outside of Centre 2,124.87 C$ 3,612.13 C$      +70.0 %
Buy Apartment Price
 Montreal Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 951.88 C$ 1,307.77 C$      +37.4 %
Price per Square Feet to Buy Apartment Outside of Centre 543.74 C$ 1,020.96 C$      +87.8 %
Salaries And Financing
 Montreal Edit Toronto Edit
Average Monthly Net Salary (After Tax) 3,738.21 C$ 4,699.37 C$      +25.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.36 6.56      +3.2 %
Last update: April 2024April 2024
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