Property Prices in Kitchener, Canada

Index Info
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

Sources and References
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