NUMBEO

Property Prices in Canada

Index Info
Price to Income Ratio: 7.73
Mortgage as Percentange of Income: 53.84%
Loan Affordability Index: 1.86
Price to Rent Ratio - City Centre: 23.03
Price to Rent Ratio - Outside of Centre: 19.04
Gross Rental Yield (City Centre): 4.34%
Gross Rental Yield (Outside of Centre): 5.25%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,199.02 C$ 800.00-1,800.00
Apartment (1 bedroom) Outside of Centre 982.42 C$ 700.00-1,500.00
Apartment (3 bedrooms) in City Centre 1,990.13 C$ 1,300.00-3,150.00
Apartment (3 bedrooms) Outside of Centre 1,602.22 C$ 1,100.00-2,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 540.11 C$ 250.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 363.18 C$ 190.00-779.99
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,143.40 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.51 2.80-4.99

These data are based on 6653 entries in the past 18 months from 1256 different contributors.
Last update: January 2019
Our data for each country are based on all entries from all cities in that country.

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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 6.63 6.52 5.02 15.33 19.93 45.83 2.18
Brampton 6.61 6.16 7.27 16.24 13.76 47.81 2.09
Burlington 8.19 4.95 4.39 20.21 22.80 56.28 1.78
Burnaby 10.37 3.36 4.02 29.77 24.87 70.84 1.41
Calgary 5.19 5.27 6.37 18.97 15.71 36.31 2.75
Coquitlam 11.07 4.03 3.98 24.83 25.15 77.58 1.29
Edmonton 4.41 7.14 7.92 14.00 12.63 31.21 3.20
Guelph 5.30 6.51 6.59 15.35 15.17 34.40 2.91
Halifax 6.11 5.25 7.40 19.03 13.52 43.20 2.31
Hamilton 6.22 4.72 5.11 21.19 19.57 42.63 2.35
Kamloops 3.88 9.37 8.66 10.67 11.55 26.28 3.81
Kelowna 5.36 7.24 7.20 13.81 13.89 37.27 2.68
Kingston 10.61 3.60 3.38 27.77 29.60 75.94 1.32
Kitchener 4.75 6.46 7.58 15.47 13.18 32.18 3.11
London 4.19 7.67 7.12 13.05 14.05 28.20 3.55
Mississauga 8.23 4.97 4.42 20.12 22.62 56.22 1.78
Moncton 3.51 7.33 8.05 13.64 12.43 23.91 4.18
Montreal 7.23 4.49 4.92 22.29 20.31 49.78 2.01
Nanaimo, BC 5.47 7.86 6.88 12.72 14.54 40.45 2.47
New Westminster 8.12 4.51 4.71 22.18 21.23 53.70 1.86
Oshawa 4.08 7.69 9.98 13.00 10.02 27.84 3.59
Ottawa 4.72 5.85 7.64 17.08 13.09 33.41 2.99
Quebec City 3.58 5.40 5.36 18.51 18.65 24.11 4.15
Red Deer 9.57 7.23 1.68 13.84 59.58 64.91 1.54
Regina 4.66 7.50 7.83 13.33 12.77 32.59 3.07
Saskatoon 4.53 6.85 7.19 14.60 13.91 31.82 3.14
St. John's, NL 7.21 4.87 5.11 20.54 19.57 48.84 2.05
St.Catharines 3.78 8.53 9.57 11.73 10.45 25.37 3.94
Surrey 14.30 3.10 3.56 32.26 28.09 95.47 1.05
Thunder Bay 7.85 4.99 2.90 20.02 34.47 55.53 1.80
Toronto 13.11 4.33 4.12 23.10 24.25 93.02 1.08
Vancouver 16.09 3.64 3.52 27.44 28.44 114.17 0.88
Victoria 7.76 5.46 6.54 18.32 15.28 53.42 1.87
Windsor 6.67 3.87 4.27 25.85 23.43 45.72 2.19
Winnipeg 4.91 6.57 7.28 15.21 13.74 34.87 2.87
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