Property Prices in Brampton, Canada

Index Info
Price to Income Ratio: 8.34
Mortgage as Percentage of Income: 67.02%
Loan Affordability Index: 1.49
Price to Rent Ratio - City Centre: 22.21
Price to Rent Ratio - Outside of Centre: 20.67
Gross Rental Yield (City Centre): 4.50%
Gross Rental Yield (Outside of Centre): 4.84%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,942.60 C$ 1,800.00-2,058.21
Apartment (1 bedroom) Outside of Centre 1,612.54 C$ 1,159.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,751.64 C$ 2,058.21-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,249.31 C$ 1,646.57-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 790.64 C$ 500.00-1,021.92
Price per Square Feet to Buy Apartment Outside of Centre 607.31 C$ 350.00-1,021.92
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,512.57 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.18 2.00-8.75

These data are based on 62 entries in the past 18 months from 12 different contributors.
Last update: March 2023

Sources and References
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