Property Prices in Cornwall, ON, Canada

Index Info
Price to Income Ratio: 5.21
Mortgage as Percentage of Income: 36.29%
Loan Affordability Index: 2.76
Price to Rent Ratio - City Centre: 18.44
Price to Rent Ratio - Outside of Centre: 20.70
Gross Rental Yield (City Centre): 5.42%
Gross Rental Yield (Outside of Centre): 4.83%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 683.33 C$ 550.00-900.00
Apartment (1 bedroom) Outside of Centre 600.00 C$ 550.00-650.00
Apartment (3 bedrooms) in City Centre 1,325.00 C$ 1,100.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 1,200.00 C$
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 264.30 C$
Price per Square Feet to Buy Apartment Outside of Centre 264.30 C$
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,731.29 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.51 2.15-5.00

These data are based on 27 entries in the past 18 months from 10 different contributors.
Last update: March 2021

Sources and References
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