Property Prices in Kitchener, Canada

Index
Price to Income Ratio:	7.67
Mortgage as Percentage of Income:	54.30%
Loan Affordability Index:	1.84
Price to Rent Ratio - City Centre:	18.07
Price to Rent Ratio - Outside of Centre:	18.63
Gross Rental Yield (City Centre):	5.53%
Gross Rental Yield (Outside of Centre):	5.37%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,319.32 C$	1,175.00-1,600.00
Apartment (1 bedroom) Outside of Centre	1,081.58 C$	850.00-1,300.00
Apartment (3 bedrooms) in City Centre	1,944.12 C$	1,700.00-2,500.00
Apartment (3 bedrooms) Outside of Centre	1,688.24 C$	1,500.00-2,200.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	443.87 C$	400.00-625.60
Price per Square Feet to Buy Apartment Outside of Centre	384.10 C$	355.00-464.51
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	2,904.13 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	3.69	3.00-4.00

These data are based on 159 entries in the past 18 months from 33 different contributors.
Last update: November 2020

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