Property Prices in Canada

Index Info
Price to Income Ratio: 7.19
Mortgage as Percentage of Income: 57.00%
Loan Affordability Index: 1.75
Price to Rent Ratio - City Centre: 17.56
Price to Rent Ratio - Outside of Centre: 16.42
Gross Rental Yield (City Centre): 5.69%
Gross Rental Yield (Outside of Centre): 6.09%
Rent Per Month
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1 Bedroom Apartment in City Centre C$1,810.15 1,300.00-2,627.73
1 Bedroom Apartment Outside of City Centre C$1,593.37 1,046.54-2,223.81
3 Bedroom Apartment in City Centre C$2,862.13 2,100.00-4,964.29
3 Bedroom Apartment Outside of City Centre C$2,482.79 1,731.54-3,615.38
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre C$609.06 306.02-1,172.00
Price per Square Feet to Buy Apartment Outside of Centre C$498.39 293.28-905.01
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$4,141.96
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.00 4.00-6.90

These data are based on 7118 entries from 1275 contributors over the past 18 months.
Last update: 14 June 2026
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 6.1 5.6 8.0 18.0 12.4 47.1 2.1
Barrie 7.6 5.7 5.8 17.6 17.2 58.4 1.7
Belleville 3.9 11.8 11.3 8.5 8.9 32.9 3.0
Brampton 9.7 4.8 4.9 20.9 20.4 75.1 1.3
Brantford 7.4 4.9 5.8 20.5 17.4 62.8 1.6
Burlington 7.0 6.3 6.4 15.9 15.6 54.0 1.9
Burnaby 9.7 5.3 5.8 18.8 17.3 75.0 1.3
Calgary 5.8 7.3 6.5 13.8 15.3 44.4 2.3
Cambridge 6.8 7.1 7.0 14.0 14.3 59.0 1.7
Charlottetown 5.3 7.1 8.9 14.1 11.2 40.3 2.5
Chilliwack 5.3 7.7 6.4 13.0 15.6 40.7 2.5
Coquitlam 9.1 7.0 7.0 14.3 14.2 76.8 1.3
Edmonton 3.4 9.5 8.3 10.6 12.1 25.5 3.9
Fort McMurray 3.9 7.3 10.8 13.7 9.3 29.9 3.3
Fredericton 3.9 12.2 9.3 8.2 10.7 30.2 3.3
Gatineau 10.9 4.4 3.2 22.7 31.5 83.8 1.2
Guelph 7.5 6.0 5.6 16.6 17.8 59.1 1.7
Halifax 5.4 9.3 9.5 10.7 10.5 42.7 2.3
Hamilton 4.8 9.6 8.9 10.5 11.2 36.4 2.7
Kamloops 7.6 5.5 6.1 18.2 16.3 58.3 1.7
Kelowna 6.1 7.3 7.9 13.8 12.7 47.0 2.1
Kingston 4.9 9.2 9.3 10.9 10.8 37.6 2.7
Kitchener 6.3 6.6 6.8 15.3 14.7 48.3 2.1
Langley, BC 9.0 5.1 4.7 19.7 21.1 69.5 1.4
Lethbridge, AB 6.5 3.5 7.9 28.3 12.7 50.9 2.0
London 5.9 7.6 6.3 13.2 15.8 45.8 2.2
Markham 9.0 5.7 5.4 17.5 18.5 69.0 1.4
Medicine Hat 2.8 12.8 8.3 7.8 12.0 23.2 4.3
Milton 7.1 6.7 6.8 14.8 14.7 59.1 1.7
Mississauga 11.4 4.4 4.7 22.8 21.2 87.8 1.1
Moncton 4.4 9.3 7.9 10.8 12.7 33.3 3.0
Montreal 7.6 5.4 5.4 18.5 18.4 58.3 1.7
Nanaimo, BC 5.9 7.3 7.0 13.8 14.3 46.4 2.2
New Westminster 7.2 7.2 7.5 14.0 13.4 61.5 1.6
Niagara Falls 6.4 6.1 5.8 16.4 17.3 52.9 1.9
North Vancouver 12.0 4.7 5.4 21.1 18.7 92.3 1.1
Oakville 9.0 8.5 4.5 11.8 22.3 73.4 1.4
Oshawa 13.3 5.3 2.3 19.0 42.6 101.8 1.0
Ottawa 6.2 6.8 5.6 14.8 17.8 46.5 2.1
Penticton 5.0 8.9 6.6 11.2 15.3 39.0 2.6
Peterborough 10.7 4.3 3.9 23.5 25.6 90.8 1.1
Quebec City 7.6 3.5 5.5 28.7 18.1 57.7 1.7
Red Deer 4.7 7.7 6.7 13.0 14.9 39.7 2.5
Regina 4.0 10.4 9.0 9.6 11.1 30.5 3.3
Richmond 14.6 3.8 3.7 26.5 26.9 113.7 0.9
Saint John, New Brunswick 4.0 10.0 8.1 10.0 12.3 30.9 3.2
Saskatoon 5.5 7.6 6.3 13.1 15.8 42.5 2.4
Sault Ste. Marie 6.2 9.7 3.5 10.3 28.5 51.2 2.0
Scarborough 11.5 4.2 4.3 23.8 23.3 97.2 1.0
Sherbrooke 3.7 7.8 7.1 12.9 14.1 28.4 3.5
St. John's, Newfoundland and Labrador 3.2 9.9 10.5 10.1 9.5 24.5 4.1
St.Catharines 4.9 7.6 8.3 13.1 12.1 40.2 2.5
Sudbury 3.9 10.1 12.8 9.9 7.8 30.9 3.2
Surrey 14.8 3.3 2.9 30.7 34.1 116.0 0.9
Toronto 11.3 3.9 4.2 25.5 23.6 87.4 1.1
Vancouver 11.5 4.6 4.8 21.5 20.9 86.1 1.2
Vaughan 12.7 3.9 4.9 25.8 20.2 105.4 0.9
Vernon, BC 9.7 3.3 4.5 30.4 22.2 74.4 1.3
Victoria 8.5 6.0 6.3 16.6 15.8 64.9 1.5
Waterloo 8.4 5.5 4.9 18.2 20.6 67.3 1.5
Windsor 5.0 7.9 7.4 12.6 13.5 38.9 2.6
Winnipeg 4.6 8.9 8.6 11.2 11.7 34.6 2.9
Yellowknife 3.7 9.3 10.0 10.7 10.0 29.8 3.4
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