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Property Prices in Hamilton, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 6.29 |
| Mortgage as Percentange of Income: | 44.32% |
| Loan Affordability Index: | 2.26 |
| Price to Rent Ratio - City Centre: | 22.54 |
| Price to Rent Ratio - Outside of Centre: | 16.43 |
| Gross Rental Yield (City Centre): | 4.44% |
| Gross Rental Yield (Outside of Centre): | 6.09% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,077.86 C$ | |
| Apartment (1 bedroom) Outside of Centre | 905.21 C$ | |
| Apartment (3 bedrooms) in City Centre | 1,751.96 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,580.95 C$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 470.90 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 297.41 C$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 3,287.22 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.64 |
These data are based on 136 entries in the past 18 months from 24 different contributors.
Last update: October 2019
Sources and References:
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