Property Prices in Kitchener, Canada

Index Info
Price to Income Ratio: 8.35
Mortgage as Percentage of Income: 78.39%
Loan Affordability Index: 1.28
Price to Rent Ratio - City Centre: 23.82
Price to Rent Ratio - Outside of Centre: 23.57
Gross Rental Yield (City Centre): 4.20%
Gross Rental Yield (Outside of Centre): 4.24%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,751.47 C$ 1,500.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,622.71 C$ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,553.00 C$ 2,200.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,370.83 C$ 2,200.00-2,700.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 773.38 C$ 650.32-849.99
Price per Square Feet to Buy Apartment Outside of Centre 709.61 C$ 538.83-998.99
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,778.39 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.11 3.30-8.75

These data are based on 111 entries in the past 18 months from 26 different contributors.
Last update: March 2023

Sources and References
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