Property Prices in Burlington, Canada

Index Info
Price to Income Ratio: 7.22
Mortgage as Percentage of Income: 50.41%
Loan Affordability Index: 1.98
Price to Rent Ratio - City Centre: 22.45
Price to Rent Ratio - Outside of Centre: 23.72
Gross Rental Yield (City Centre): 4.45%
Gross Rental Yield (Outside of Centre): 4.22%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,662.50 C$ 1,300.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,581.25 C$ 1,250.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,700.00 C$ 2,300.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,500.00 C$ 1,800.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 723.30 C$ 600.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 718.65 C$ 500.00-999.99
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 3.53 1.90-3.95

These data are based on 69 entries in the past 18 months from 12 different contributors.
Last update: July 2021

Sources and References
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