Property Prices in Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 9.99 |
| Mortgage as Percentage of Income: | 88.39% |
| Loan Affordability Index: | 1.13 |
| Price to Rent Ratio - City Centre: | 24.22 |
| Price to Rent Ratio - Outside of Centre: | 19.25 |
| Gross Rental Yield (City Centre): | 4.13% |
| Gross Rental Yield (Outside of Centre): | 5.20% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,844.50 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,642.58 C$ | |
| Apartment (3 bedrooms) in City Centre | 2,949.04 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,555.19 C$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 859.86 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 601.69 C$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,936.71 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.36 |
These data are based on 7776 entries from 1561 contributors over the past 18 months.
Last update: April 2025
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 | 7.1 | 5.7 | 8.2 | 17.5 | 12.1 | 65.4 | 1.5 | |
| Barrie | 1.9 | 24.3 | 27.3 | 4.1 | 3.7 | 16.8 | 5.9 | |
| Brampton | 10.2 | 5.1 | 4.7 | 19.8 | 21.2 | 91.3 | 1.1 | |
| Burlington | 22.5 | 1.2 | 6.7 | 80.4 | 15.0 | 199.9 | 0.5 | |
| Burnaby | 9.4 | 6.1 | 7.1 | 16.4 | 14.1 | 85.6 | 1.2 | |
| Calgary | 5.4 | 8.8 | 7.7 | 11.3 | 12.9 | 46.1 | 2.2 | |
| Edmonton | 4.9 | 8.1 | 8.1 | 12.4 | 12.3 | 42.1 | 2.4 | |
| Fredericton | 3.8 | 11.2 | 11.1 | 8.9 | 9.0 | 34.2 | 2.9 | |
| Gatineau | 10.2 | 4.2 | 3.2 | 24.0 | 30.9 | 91.5 | 1.1 | |
| Guelph | 8.5 | 5.4 | 5.1 | 18.5 | 19.5 | 76.5 | 1.3 | |
| Halifax | 8.7 | 4.6 | 9.7 | 21.8 | 10.3 | 76.6 | 1.3 | |
| Hamilton | 27.9 | 1.6 | 1.7 | 61.4 | 57.9 | 250.0 | 0.4 | |
| Kamloops | 10.1 | 4.4 | 5.5 | 23.0 | 18.3 | 91.9 | 1.1 | |
| Kelowna | 8.7 | 5.2 | 5.8 | 19.1 | 17.2 | 77.6 | 1.3 | |
| Kingston | 4.7 | 7.3 | 8.9 | 13.8 | 11.2 | 41.7 | 2.4 | |
| Kitchener | 8.3 | 5.2 | 6.3 | 19.3 | 15.9 | 72.7 | 1.4 | |
| London | 5.1 | 9.3 | 9.2 | 10.8 | 10.9 | 44.6 | 2.2 | |
| Markham | 7.9 | 5.5 | 8.4 | 18.2 | 12.0 | 71.0 | 1.4 | |
| Mississauga | 12.5 | 4.3 | 4.6 | 23.1 | 21.6 | 107.3 | 0.9 | |
| Moncton | 5.7 | 8.7 | 4.8 | 11.4 | 20.6 | 51.7 | 1.9 | |
| Montreal | 10.8 | 3.7 | 4.2 | 26.8 | 23.6 | 90.9 | 1.1 | |
| Nanaimo, BC | 7.9 | 6.4 | 6.1 | 15.6 | 16.5 | 70.4 | 1.4 | |
| North Vancouver | 11.7 | 5.2 | 5.6 | 19.3 | 18.0 | 105.9 | 0.9 | |
| Oakville | 9.7 | 8.1 | 4.0 | 12.3 | 25.0 | 88.6 | 1.1 | |
| Oshawa | 13.0 | 6.0 | 1.9 | 16.7 | 53.4 | 115.6 | 0.9 | |
| Ottawa | 7.3 | 5.8 | 6.2 | 17.1 | 16.2 | 60.6 | 1.7 | |
| Peterborough | 13.2 | 3.8 | 3.7 | 26.0 | 27.0 | 124.5 | 0.8 | |
| Quebec City | 11.4 | 2.1 | 4.4 | 47.7 | 22.9 | 105.3 | 0.9 | |
| Regina | 3.8 | 9.4 | 9.4 | 10.6 | 10.6 | 33.7 | 3.0 | |
| Saskatoon | 4.9 | 8.0 | 8.2 | 12.5 | 12.2 | 44.3 | 2.3 | |
| Sault Ste. Marie | 6.8 | 10.4 | 3.3 | 9.6 | 30.1 | 61.4 | 1.6 | |
| Sherbrooke | 3.7 | 7.5 | 7.2 | 13.4 | 13.8 | 32.3 | 3.1 | |
| St. John's, Newfoundland and Labrador | 4.2 | 7.8 | 7.4 | 12.8 | 13.5 | 38.5 | 2.6 | |
| St.Catharines | 5.4 | 7.5 | 8.7 | 13.4 | 11.6 | 48.7 | 2.1 | |
| Sudbury | 4.2 | 7.8 | 11.0 | 12.8 | 9.1 | 38.0 | 2.6 | |
| Surrey | 16.4 | 3.7 | 3.4 | 27.3 | 29.6 | 146.8 | 0.7 | |
| Toronto | 13.2 | 4.2 | 4.3 | 24.0 | 23.3 | 107.2 | 0.9 | |
| Vancouver | 13.2 | 4.4 | 5.0 | 23.0 | 19.9 | 110.7 | 0.9 | |
| Vernon, BC | 16.8 | 1.9 | 3.1 | 52.6 | 32.6 | 148.6 | 0.7 | |
| Victoria | 10.6 | 5.2 | 6.2 | 19.4 | 16.1 | 93.5 | 1.1 | |
| Waterloo | 9.3 | 4.2 | 4.7 | 23.7 | 21.4 | 84.8 | 1.2 | |
| Windsor | 4.8 | 7.6 | 9.3 | 13.2 | 10.8 | 43.4 | 2.3 | |
| Winnipeg | 5.9 | 5.9 | 7.4 | 16.9 | 13.6 | 50.5 | 2.0 |
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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