Property Prices in Burlington, Canada

Index Info
Price to Income Ratio: 6.74
Mortgage as Percentage of Income: 48.12%
Loan Affordability Index: 2.08
Price to Rent Ratio - City Centre: 20.47
Price to Rent Ratio - Outside of Centre: 20.81
Gross Rental Yield (City Centre): 4.89%
Gross Rental Yield (Outside of Centre): 4.80%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 1,481.25 C$ 1,200.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,466.67 C$ 1,200.00-1,750.00
Apartment (3 bedrooms) in City Centre 2,550.00 C$ 2,300.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,425.00 C$ 1,800.00-3,275.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 602.47 C$ 557.41-649.99
Price per Square Feet to Buy Apartment Outside of Centre 596.06 C$ 500.00-649.99
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 4,783.33 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.79 3.00-3.95

These data are based on 54 entries in the past 18 months from 12 different contributors.
Last update: September 2020

Sources and References
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