Property Prices in Hamilton, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 7.17 |
| Mortgage as Percentage of Income: | 48.69% |
| Loan Affordability Index: | 2.05 |
| Price to Rent Ratio - City Centre: | 19.33 |
| Price to Rent Ratio - Outside of Centre: | 14.73 |
| Gross Rental Yield (City Centre): | 5.17% |
| Gross Rental Yield (Outside of Centre): | 6.79% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,396.82 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,191.42 C$ | |
| Apartment (3 bedrooms) in City Centre | 2,111.76 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,952.94 C$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 507.92 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 341.48 C$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,188.25 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.23 |
These data are based on 197 entries in the past 18 months from 36 different contributors.
Last update: June 2021
Sources and References
Nearby cities:| Property Prices in Burlington | 11.91 miles |
| Property Prices in Oakville | 22.32 miles |
| Property Prices in Brantford | 22.81 miles |
| Property Prices in Guelph | 32.36 miles |
| Property Prices in Cambridge | 34.11 miles |
| Property Prices in St.Catharines | 37.53 miles |
| Property Prices in Brampton | 39.63 miles |
| Property Prices in Kitchener | 41.05 miles |
| Property Prices in Toronto | 44.87 miles |
| Property Prices in Waterloo | 47.19 miles |
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