Property Prices in Laval, Canada

Index Info
Price to Income Ratio: 6.50
Mortgage as Percentage of Income: 44.73%
Loan Affordability Index: 2.24
Price to Rent Ratio - City Centre: 18.79
Price to Rent Ratio - Outside of Centre: 19.00
Gross Rental Yield (City Centre): 5.32%
Gross Rental Yield (Outside of Centre): 5.26%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,092.20 C$ 850.00-1,300.00
Apartment (1 bedroom) Outside of Centre 712.50 C$ 600.00-900.00
Apartment (3 bedrooms) in City Centre 1,650.00 C$ 1,500.00-1,900.00
Apartment (3 bedrooms) Outside of Centre 1,150.00 C$ 1,100.00-1,450.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 386.00 C$ 250.00-583.00
Price per Square Feet to Buy Apartment Outside of Centre 261.66 C$ 200.00-375.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,683.33 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.38 2.20-3.95

These data are based on 52 entries in the past 18 months from 11 different contributors.
Last update: May 2021

Sources and References
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