Property Prices in Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 9.54 |
| Mortgage as Percentage of Income: | 81.27% |
| Loan Affordability Index: | 1.23 |
| Price to Rent Ratio - City Centre: | 26.10 |
| Price to Rent Ratio - Outside of Centre: | 22.14 |
| Gross Rental Yield (City Centre): | 3.83% |
| Gross Rental Yield (Outside of Centre): | 4.52% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,643.24 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,394.55 C$ | |
| Apartment (3 bedrooms) in City Centre | 2,707.28 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,334.69 C$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 836.24 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 606.01 C$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,069.47 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.89 |
These data are based on 8173 entries in the past 18 months from 1516 different contributors.
Last update: May 2023
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 | 9.0 | 6.9 | 4.7 | 14.5 | 21.3 | 82.9 | 1.2 | |
| Barrie | 18.2 | 2.3 | 2.6 | 44.3 | 38.0 | 168.2 | 0.6 | |
| Brampton | 8.3 | 4.7 | 5.2 | 21.4 | 19.4 | 72.9 | 1.4 | |
| Burlington | 8.2 | 4.2 | 3.8 | 23.6 | 26.2 | 74.8 | 1.3 | |
| Burnaby | 9.2 | 5.6 | 4.6 | 17.9 | 21.7 | 88.7 | 1.1 | |
| Calgary | 5.4 | 6.2 | 6.8 | 16.2 | 14.7 | 48.1 | 2.1 | |
| Coquitlam | 10.3 | 4.8 | 4.4 | 20.7 | 22.6 | 88.2 | 1.1 | |
| Edmonton | 3.4 | 8.7 | 8.3 | 11.4 | 12.0 | 27.7 | 3.6 | |
| Fredericton | 3.1 | 7.4 | 9.9 | 13.5 | 10.1 | 28.3 | 3.5 | |
| Gatineau | 6.7 | 5.0 | 6.3 | 20.1 | 15.9 | 52.8 | 1.9 | |
| Guelph | 5.8 | 6.4 | 7.8 | 15.5 | 12.7 | 59.0 | 1.7 | |
| Halifax | 6.0 | 6.1 | 9.1 | 16.5 | 11.0 | 47.8 | 2.1 | |
| Hamilton | 7.6 | 5.9 | 5.5 | 16.9 | 18.3 | 62.7 | 1.6 | |
| Kamloops | 10.0 | 4.3 | 4.0 | 23.1 | 24.8 | 95.0 | 1.1 | |
| Kelowna | 6.1 | 6.7 | 7.7 | 14.9 | 13.0 | 52.7 | 1.9 | |
| Kingston | 11.5 | 3.5 | 3.2 | 28.8 | 30.9 | 106.8 | 0.9 | |
| Kitchener | 8.7 | 4.3 | 4.4 | 23.3 | 22.9 | 78.9 | 1.3 | |
| Lethbridge, AB | 4.0 | 7.2 | 6.8 | 13.9 | 14.8 | 31.7 | 3.2 | |
| London | 5.2 | 6.6 | 7.1 | 15.0 | 14.2 | 41.5 | 2.4 | |
| Markham | 16.0 | 3.0 | 3.1 | 33.0 | 32.6 | 148.8 | 0.7 | |
| Mississauga | 9.7 | 4.5 | 5.1 | 22.2 | 19.4 | 80.9 | 1.2 | |
| Moncton | 14.5 | 2.0 | 3.5 | 49.7 | 28.7 | 122.2 | 0.8 | |
| Montreal | 8.5 | 3.8 | 5.0 | 26.5 | 20.0 | 70.6 | 1.4 | |
| Nanaimo, BC | 6.7 | 7.1 | 6.3 | 14.0 | 16.0 | 58.8 | 1.7 | |
| Oakville | 7.4 | 7.4 | 4.9 | 13.5 | 20.3 | 68.8 | 1.5 | |
| Oshawa | 19.4 | 1.6 | 1.4 | 63.9 | 70.2 | 181.5 | 0.6 | |
| Ottawa | 9.1 | 4.2 | 4.2 | 23.6 | 24.0 | 84.6 | 1.2 | |
| Quebec City | 10.3 | 1.9 | 5.4 | 52.3 | 18.5 | 91.8 | 1.1 | |
| Red Deer | 2.3 | 12.2 | 11.7 | 8.2 | 8.5 | 21.1 | 4.7 | |
| Regina | 2.6 | 7.9 | 7.6 | 12.6 | 13.1 | 21.3 | 4.7 | |
| Richmond | 14.5 | 3.9 | 4.1 | 25.4 | 24.1 | 120.2 | 0.8 | |
| Saskatoon | 4.5 | 8.1 | 5.0 | 12.3 | 20.2 | 35.2 | 2.8 | |
| St. John's, Newfoundland and Labrador | 3.4 | 8.4 | 6.1 | 12.0 | 16.4 | 33.3 | 3.0 | |
| St.Catharines | 5.2 | 6.9 | 4.5 | 14.5 | 22.2 | 45.2 | 2.2 | |
| Sudbury | 4.2 | 5.5 | 6.9 | 18.3 | 14.5 | 40.1 | 2.5 | |
| Surrey | 9.6 | 3.1 | 3.9 | 32.3 | 25.7 | 78.0 | 1.3 | |
| Toronto | 12.8 | 4.0 | 4.2 | 24.7 | 23.5 | 109.5 | 0.9 | |
| Vancouver | 13.4 | 4.0 | 4.2 | 25.1 | 23.7 | 113.2 | 0.9 | |
| Victoria | 14.1 | 3.8 | 3.7 | 26.3 | 27.3 | 124.8 | 0.8 | |
| Windsor | 5.4 | 5.0 | 8.0 | 19.9 | 12.4 | 50.3 | 2.0 | |
| Winnipeg | 6.4 | 6.1 | 6.3 | 16.3 | 15.8 | 52.8 | 1.9 |
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 DeutschImmobilienpreise in Kanada
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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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