Property Prices in Hamilton, Canada

Index Info
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$ 850.00-1,350.00
Apartment (1 bedroom) Outside of Centre 905.21 C$ 700.00-1,175.00
Apartment (3 bedrooms) in City Centre 1,751.96 C$ 1,300.00-2,100.00
Apartment (3 bedrooms) Outside of Centre 1,580.95 C$ 1,100.00-1,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 470.90 C$ 334.45-729.99
Price per Square Feet to Buy Apartment Outside of Centre 297.41 C$ 225.00-418.06
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 2.90-5.20

These data are based on 136 entries in the past 18 months from 24 different contributors.
Last update: October 2019

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