Property Prices in Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 10.43 |
| Mortgage as Percentage of Income: | 94.99% |
| Loan Affordability Index: | 1.05 |
| Price to Rent Ratio - City Centre: | 24.77 |
| Price to Rent Ratio - Outside of Centre: | 19.50 |
| Gross Rental Yield (City Centre): | 4.04% |
| Gross Rental Yield (Outside of Centre): | 5.13% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,904.88 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,687.06 C$ | |
| Apartment (3 bedrooms) in City Centre | 3,056.85 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,585.91 C$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 909.80 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 622.30 C$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,951.20 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.72 |
These data are based on 6615 entries in the past 18 months from 1345 different contributors.
Last update: July 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 | 5.7 | 8.5 | 17.5 | 11.8 | 78.4 | 1.3 | |
| Barrie | 2.0 | 23.1 | 26.4 | 4.3 | 3.8 | 17.5 | 5.7 | |
| Brampton | 9.3 | 5.8 | 6.2 | 17.2 | 16.1 | 85.9 | 1.2 | |
| Burnaby | 9.2 | 5.1 | 5.5 | 19.7 | 18.1 | 84.4 | 1.2 | |
| Calgary | 4.2 | 9.6 | 8.2 | 10.4 | 12.2 | 37.7 | 2.7 | |
| Edmonton | 4.0 | 8.5 | 8.7 | 11.8 | 11.5 | 34.9 | 2.9 | |
| Fredericton | 3.7 | 10.7 | 11.1 | 9.4 | 9.0 | 33.7 | 3.0 | |
| Gatineau | 13.2 | 2.6 | 1.9 | 38.5 | 51.6 | 120.1 | 0.8 | |
| Guelph | 8.8 | 5.0 | 5.2 | 20.0 | 19.4 | 80.1 | 1.2 | |
| Halifax | 8.9 | 4.5 | 9.5 | 22.4 | 10.5 | 79.7 | 1.3 | |
| Hamilton | 31.7 | 1.7 | 1.8 | 58.5 | 55.1 | 289.9 | 0.3 | |
| Kamloops | 11.4 | 4.5 | 5.2 | 22.5 | 19.3 | 103.8 | 1.0 | |
| Kelowna | 10.3 | 4.5 | 6.2 | 22.3 | 16.2 | 94.2 | 1.1 | |
| Kingston | 4.6 | 7.3 | 9.3 | 13.8 | 10.7 | 42.0 | 2.4 | |
| Kitchener | 7.0 | 5.5 | 6.5 | 18.2 | 15.4 | 63.6 | 1.6 | |
| London | 5.5 | 9.9 | 9.4 | 10.1 | 10.7 | 49.9 | 2.0 | |
| Markham | 7.7 | 5.5 | 8.4 | 18.2 | 12.0 | 69.9 | 1.4 | |
| Mississauga | 9.5 | 4.4 | 6.9 | 22.7 | 14.4 | 86.6 | 1.2 | |
| Montreal | 11.0 | 3.7 | 4.7 | 27.0 | 21.4 | 97.5 | 1.0 | |
| Nanaimo, BC | 9.4 | 6.4 | 6.3 | 15.6 | 15.9 | 83.7 | 1.2 | |
| North Vancouver | 9.5 | 4.9 | 6.7 | 20.2 | 14.9 | 87.1 | 1.1 | |
| Oakville | 10.0 | 8.1 | 4.0 | 12.3 | 25.0 | 91.1 | 1.1 | |
| Ottawa | 8.0 | 5.7 | 5.4 | 17.6 | 18.4 | 71.1 | 1.4 | |
| Quebec City | 10.5 | 2.4 | 5.8 | 41.3 | 17.3 | 98.2 | 1.0 | |
| Regina | 5.9 | 6.6 | 6.6 | 15.2 | 15.2 | 53.8 | 1.9 | |
| Saskatoon | 4.5 | 7.8 | 10.0 | 12.8 | 10.0 | 40.9 | 2.4 | |
| Sherbrooke | 4.0 | 6.8 | 7.2 | 14.6 | 14.0 | 37.0 | 2.7 | |
| St. John's, Newfoundland and Labrador | 4.5 | 7.6 | 7.0 | 13.1 | 14.3 | 40.7 | 2.5 | |
| Sudbury | 5.0 | 7.4 | 10.2 | 13.5 | 9.8 | 45.7 | 2.2 | |
| Surrey | 20.2 | 3.5 | 3.2 | 28.5 | 31.6 | 185.3 | 0.5 | |
| Toronto | 12.6 | 3.9 | 4.2 | 25.9 | 23.9 | 112.1 | 0.9 | |
| Vancouver | 13.6 | 4.1 | 4.9 | 24.6 | 20.3 | 121.8 | 0.8 | |
| Victoria | 13.2 | 5.4 | 4.3 | 18.5 | 23.0 | 119.5 | 0.8 | |
| Waterloo | 8.6 | 4.4 | 4.8 | 22.5 | 20.7 | 79.1 | 1.3 | |
| Windsor | 5.4 | 6.4 | 8.3 | 15.6 | 12.1 | 49.7 | 2.0 | |
| Winnipeg | 6.1 | 6.1 | 7.3 | 16.5 | 13.6 | 54.1 | 1.8 |
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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