Property Prices in Kingston, Canada

Index Info
Price to Income Ratio: 11.52
Mortgage as Percentage of Income: 106.84%
Loan Affordability Index: 0.94
Price to Rent Ratio - City Centre: 28.80
Price to Rent Ratio - Outside of Centre: 30.91
Gross Rental Yield (City Centre): 3.47%
Gross Rental Yield (Outside of Centre): 3.23%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,598.89 C$ 1,300.00-2,600.00
Apartment (1 bedroom) Outside of Centre 1,471.43 C$ 1,200.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,927.86 C$ 2,100.00-4,300.00
Apartment (3 bedrooms) Outside of Centre 2,431.25 C$ 1,750.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 940.49 C$ 630.99-1,249.99
Price per Square Feet to Buy Apartment Outside of Centre 887.99 C$ 526.00-1,249.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,270.83 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.96 2.25-8.75

These data are based on 63 entries in the past 18 months from 14 different contributors.
Last update: June 2023

Sources and References
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