Property Prices Comparison Between Toronto and Vancouver 

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Rent Per Month
Toronto Edit Vancouver Edit Difference
Apartment (1 bedroom) in City Centre 2,433.97 C$ 2,479.17 C$      +1.9 %
Apartment (1 bedroom) Outside of Centre 2,055.83 C$ 2,110.42 C$      +2.7 %
Apartment (3 bedrooms) in City Centre 3,913.19 C$ 4,517.55 C$      +15.4 %
Apartment (3 bedrooms) Outside of Centre 3,186.10 C$ 3,346.63 C$      +5.0 %
Buy Apartment Price
Toronto Edit Vancouver Edit
Price per Square Feet to Buy Apartment in City Centre 1,195.98 C$ 1,242.80 C$      +3.9 %
Price per Square Feet to Buy Apartment Outside of Centre 939.86 C$ 966.61 C$      +2.8 %
Salaries And Financing
Toronto Edit Vancouver Edit
Average Monthly Net Salary (After Tax) 4,255.16 C$ 4,643.97 C$      +9.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.99 5.12      -14.5 %
Last update: March 2023March 2023
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