Property Prices in Kingston, Canada

Index Info
Price to Income Ratio: 9.90
Mortgage as Percentage of Income: 71.30%
Loan Affordability Index: 1.40
Price to Rent Ratio - City Centre: 23.42
Price to Rent Ratio - Outside of Centre: 23.53
Gross Rental Yield (City Centre): 4.27%
Gross Rental Yield (Outside of Centre): 4.25%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,284.55 C$ 1,000.00-1,595.00
Apartment (1 bedroom) Outside of Centre 1,038.89 C$ 700.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,174.38 C$ 1,800.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,518.75 C$ 1,300.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 593.33 C$ 325.00-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 453.71 C$ 250.00-836.12
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,846.76 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.89 3.50-4.00

These data are based on 80 entries in the past 18 months from 16 different contributors.
Last update: July 2021

Sources and References
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