Property Prices in Charlottetown, Canada

Index Info
Price to Income Ratio: 5.85
Mortgage as Percentage of Income: 47.63%
Loan Affordability Index: 2.10
Price to Rent Ratio - City Centre: 11.92
Price to Rent Ratio - Outside of Centre: 9.28
Gross Rental Yield (City Centre): 8.39%
Gross Rental Yield (Outside of Centre): 10.77%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,270.00 C$ 990.00-1,600.00
Apartment (1 bedroom) Outside of Centre 1,065.71 C$ 800.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,171.43 C$ 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,821.43 C$ 1,200.00-2,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 300.00 C$
Price per Square Feet to Buy Apartment Outside of Centre 196.00 C$
Salaries And Financing
Average Monthly Net Salary (After Tax) 2,283.25 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.34 2.50-8.75

These data are based on 58 entries in the past 18 months from 11 different contributors.
Last update: June 2023

Sources and References
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