Property Prices in Kingston, Canada

Index Info
Price to Income Ratio: 7.09
Mortgage as Percentage of Income: 67.62%
Loan Affordability Index: 1.48
Price to Rent Ratio - City Centre: 21.04
Price to Rent Ratio - Outside of Centre: 17.84
Gross Rental Yield (City Centre): 4.75%
Gross Rental Yield (Outside of Centre): 5.61%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,657.67 C$ 1,353.73-2,000.00
Apartment (1 bedroom) Outside of Centre 1,550.00 C$ 1,250.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,800.00 C$ 2,200.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,500.00 C$ 2,200.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 687.48 C$ 445.93-929.02
Price per Square Feet to Buy Apartment Outside of Centre 534.19 C$ 325.16-743.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,638.83 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.33 5.50-8.75

These data are based on 53 entries in the past 18 months from 19 different contributors.
Last update: March 2024

Sources and References
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