Property Prices in Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 8.79 |
| Mortgage as Percentage of Income: | 70.45% |
| Loan Affordability Index: | 1.42 |
| Price to Rent Ratio - City Centre: | 27.64 |
| Price to Rent Ratio - Outside of Centre: | 23.03 |
| Gross Rental Yield (City Centre): | 3.62% |
| Gross Rental Yield (Outside of Centre): | 4.34% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,564.83 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,321.13 C$ | |
| Apartment (3 bedrooms) in City Centre | 2,570.55 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,209.86 C$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 842.12 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 597.18 C$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,406.65 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.14 |
These data are based on 6006 entries in the past 18 months from 1169 different contributors.
Last update: June 2022
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 | 7.86 | 7.00 | 4.38 | 14.29 | 22.81 | 72.15 | 1.39 | |
| Brampton | 6.59 | 4.23 | 4.79 | 23.61 | 20.90 | 50.61 | 1.98 | |
| Burlington | 9.78 | 3.82 | 3.82 | 26.17 | 26.20 | 83.15 | 1.20 | |
| Burnaby | 9.57 | 5.34 | 4.29 | 18.74 | 23.29 | 91.79 | 1.09 | |
| Calgary | 3.63 | 7.65 | 6.76 | 13.07 | 14.80 | 26.99 | 3.70 | |
| Edmonton | 2.87 | 8.70 | 8.23 | 11.49 | 12.15 | 21.62 | 4.63 | |
| Guelph | 6.23 | 5.28 | 6.65 | 18.95 | 15.03 | 66.04 | 1.51 | |
| Halifax | 4.55 | 6.46 | 9.21 | 15.48 | 10.85 | 34.15 | 2.93 | |
| Hamilton | 7.86 | 5.37 | 5.03 | 18.62 | 19.87 | 59.26 | 1.69 | |
| Kamloops | 10.04 | 3.71 | 3.66 | 26.95 | 27.32 | 79.86 | 1.25 | |
| Kelowna | 5.07 | 6.99 | 7.73 | 14.32 | 12.94 | 40.18 | 2.49 | |
| Kingston | 16.04 | 2.40 | 2.03 | 41.72 | 49.19 | 154.46 | 0.65 | |
| Kitchener | 9.37 | 4.04 | 3.90 | 24.76 | 25.67 | 76.37 | 1.31 | |
| Laval | 7.90 | 3.16 | 3.21 | 31.61 | 31.17 | 75.61 | 1.32 | |
| London | 7.39 | 3.90 | 5.86 | 25.66 | 17.08 | 56.24 | 1.78 | |
| Mississauga | 10.45 | 4.36 | 4.82 | 22.94 | 20.75 | 77.61 | 1.29 | |
| Montreal | 9.18 | 3.51 | 4.72 | 28.51 | 21.21 | 73.14 | 1.37 | |
| Nanaimo, BC | 8.34 | 4.97 | 4.41 | 20.13 | 22.70 | 80.47 | 1.24 | |
| North Vancouver | 7.12 | 3.50 | 8.32 | 28.61 | 12.03 | 54.34 | 1.84 | |
| Oshawa | 1.49 | 16.58 | 16.36 | 6.03 | 6.11 | 14.02 | 7.13 | |
| Ottawa | 6.02 | 5.55 | 6.75 | 18.03 | 14.82 | 47.38 | 2.11 | |
| Quebec City | 7.20 | 1.84 | 7.04 | 54.32 | 14.21 | 54.43 | 1.84 | |
| Red Deer | 2.01 | 13.93 | 8.82 | 7.18 | 11.34 | 15.36 | 6.51 | |
| Regina | 2.98 | 7.40 | 7.24 | 13.52 | 13.81 | 23.55 | 4.25 | |
| Richmond | 15.61 | 3.09 | 2.93 | 32.31 | 34.08 | 148.47 | 0.67 | |
| St.Catharines | 5.62 | 6.76 | 4.55 | 14.79 | 21.98 | 49.25 | 2.03 | |
| Sudbury | 3.52 | 6.19 | 7.10 | 16.15 | 14.08 | 33.67 | 2.97 | |
| Surrey | 9.53 | 3.08 | 3.95 | 32.42 | 25.34 | 72.00 | 1.39 | |
| Toronto | 11.29 | 3.44 | 3.83 | 29.03 | 26.09 | 91.12 | 1.10 | |
| Vancouver | 12.00 | 3.71 | 3.74 | 26.99 | 26.72 | 87.73 | 1.14 | |
| Victoria | 10.51 | 3.46 | 3.60 | 28.92 | 27.75 | 80.33 | 1.24 | |
| Windsor | 5.83 | 4.40 | 10.38 | 22.70 | 9.63 | 53.38 | 1.87 | |
| Winnipeg | 6.05 | 5.74 | 6.42 | 17.41 | 15.58 | 44.82 | 2.23 |
This page in other languages:
DeutschImmobilienpreise in Kanada
PortuguêsPreços de Imóveis no Canadá
ItalianoPrezzi delle proprietà immobiliari in Canada
FrançaisPrix de l'immobilier au Canada
EspañolPrecios de Inmuebles en Canadá