Property Prices in Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 10.82 |
| Mortgage as Percentage of Income: | 100.87% |
| Loan Affordability Index: | 0.99 |
| Price to Rent Ratio - City Centre: | 24.76 |
| Price to Rent Ratio - Outside of Centre: | 19.82 |
| Gross Rental Yield (City Centre): | 4.04% |
| Gross Rental Yield (Outside of Centre): | 5.05% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,920.11 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,731.02 C$ | |
| Apartment (3 bedrooms) in City Centre | 3,132.68 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,638.20 C$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 923.04 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 647.46 C$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,906.22 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.03 |
These data are based on 6700 entries in the past 18 months from 1612 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in Canada
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Abbotsford | 8.5 | 5.3 | 8.0 | 19.0 | 12.5 | 82.0 | 1.2 | |
| Barrie | 2.0 | 23.1 | 26.4 | 4.3 | 3.8 | 18.0 | 5.6 | |
| Brampton | 8.5 | 5.8 | 6.2 | 17.2 | 16.1 | 80.8 | 1.2 | |
| Burnaby | 9.9 | 5.4 | 5.7 | 18.6 | 17.7 | 94.5 | 1.1 | |
| Calgary | 4.7 | 8.5 | 7.4 | 11.7 | 13.5 | 41.8 | 2.4 | |
| Edmonton | 4.0 | 6.9 | 8.6 | 14.5 | 11.6 | 35.1 | 2.8 | |
| Fredericton | 3.6 | 9.8 | 10.9 | 10.2 | 9.1 | 34.0 | 2.9 | |
| Guelph | 9.8 | 5.0 | 5.2 | 20.1 | 19.2 | 93.7 | 1.1 | |
| Halifax | 10.6 | 4.3 | 6.4 | 23.5 | 15.5 | 96.3 | 1.0 | |
| Hamilton | 32.1 | 1.7 | 1.8 | 58.1 | 56.7 | 296.6 | 0.3 | |
| Kamloops | 11.9 | 4.5 | 5.2 | 22.5 | 19.3 | 110.6 | 0.9 | |
| Kelowna | 10.8 | 4.4 | 6.0 | 22.5 | 16.6 | 100.7 | 1.0 | |
| Kingston | 7.2 | 4.8 | 5.6 | 21.0 | 17.8 | 68.8 | 1.5 | |
| Kitchener | 7.6 | 5.5 | 6.5 | 18.2 | 15.4 | 71.0 | 1.4 | |
| London | 5.5 | 10.3 | 9.6 | 9.7 | 10.4 | 51.0 | 2.0 | |
| Markham | 7.7 | 5.4 | 8.4 | 18.4 | 12.0 | 72.6 | 1.4 | |
| Mississauga | 12.3 | 4.3 | 4.4 | 23.3 | 23.0 | 116.5 | 0.9 | |
| Montreal | 10.8 | 3.5 | 4.7 | 28.3 | 21.3 | 95.3 | 1.0 | |
| Nanaimo, BC | 8.6 | 6.3 | 6.3 | 15.9 | 15.9 | 79.5 | 1.3 | |
| Oakville | 10.2 | 8.1 | 4.0 | 12.3 | 25.0 | 97.6 | 1.0 | |
| Ottawa | 11.5 | 4.3 | 4.7 | 23.5 | 21.4 | 105.9 | 0.9 | |
| Quebec City | 12.4 | 2.1 | 5.3 | 46.9 | 19.0 | 118.2 | 0.8 | |
| Regina | 6.1 | 6.6 | 6.6 | 15.2 | 15.2 | 58.0 | 1.7 | |
| Saskatoon | 4.2 | 8.4 | 10.7 | 12.0 | 9.4 | 38.8 | 2.6 | |
| Sherbrooke | 4.5 | 6.8 | 7.2 | 14.6 | 14.0 | 42.5 | 2.4 | |
| St. John's, Newfoundland and Labrador | 4.1 | 7.8 | 7.4 | 12.9 | 13.6 | 38.9 | 2.6 | |
| Surrey | 19.3 | 3.4 | 3.1 | 29.3 | 31.9 | 181.5 | 0.6 | |
| Toronto | 13.4 | 3.9 | 4.2 | 25.8 | 23.6 | 119.9 | 0.8 | |
| Vancouver | 15.8 | 3.8 | 4.6 | 26.5 | 21.9 | 142.5 | 0.7 | |
| Victoria | 16.6 | 4.4 | 3.8 | 22.6 | 26.0 | 152.3 | 0.7 | |
| Waterloo | 12.5 | 3.0 | 3.4 | 33.3 | 29.7 | 119.4 | 0.8 | |
| Windsor | 6.0 | 6.3 | 8.3 | 15.9 | 12.0 | 55.6 | 1.8 | |
| Winnipeg | 6.3 | 6.2 | 6.9 | 16.2 | 14.4 | 58.0 | 1.7 |
This page in other languages:
 DeutschImmobilienpreise in Kanada
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 PortuguêsPreços de Imóveis no Canadá
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 ItalianoPrezzi delle proprietà immobiliari in Canada
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 FrançaisPrix de l'immobilier au Canada
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 EspañolPrecios de Inmuebles en Canadá
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