Property Prices in Burlington, Canada

Index Info
Price to Income Ratio: 6.77
Mortgage as Percentage of Income: 47.74%
Loan Affordability Index: 2.09
Price to Rent Ratio - City Centre: 23.05
Price to Rent Ratio - Outside of Centre: 22.30
Gross Rental Yield (City Centre): 4.34%
Gross Rental Yield (Outside of Centre): 4.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,614.29 C$ 1,300.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,541.67 C$ 1,250.00-1,750.00
Apartment (3 bedrooms) in City Centre 2,640.00 C$ 2,300.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,166.67 C$ 1,800.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 723.30 C$ 600.00-899.99
Price per Square Feet to Buy Apartment Outside of Centre 628.20 C$ 500.00-724.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,371.43 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.65 3.00-3.95

These data are based on 61 entries in the past 18 months from 11 different contributors.
Last update: April 2021

Sources and References
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