Property Prices in Burlington, Canada

Index Info
Price to Income Ratio: 8.23
Mortgage as Percentage of Income: 74.80%
Loan Affordability Index: 1.34
Price to Rent Ratio - City Centre: 23.60
Price to Rent Ratio - Outside of Centre: 26.18
Gross Rental Yield (City Centre): 4.24%
Gross Rental Yield (Outside of Centre): 3.82%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,085.71 C$ 1,700.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,816.67 C$ 1,600.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,200.00 C$ 2,900.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,775.00 C$ 2,500.00-3,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 931.24 C$ 749.99-1,099.99
Price per Square Feet to Buy Apartment Outside of Centre 898.33 C$ 794.99-999.99
Salaries And Financing
Average Monthly Net Salary (After Tax) 5,985.00 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.71 2.70-8.75

These data are based on 54 entries in the past 18 months from 10 different contributors.
Last update: March 2023

Sources and References
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