Property Prices in London, Canada

Index Info
Price to Income Ratio: 5.49
Mortgage as Percentage of Income: 51.02%
Loan Affordability Index: 1.96
Price to Rent Ratio - City Centre: 9.77
Price to Rent Ratio - Outside of Centre: 10.42
Gross Rental Yield (City Centre): 10.23%
Gross Rental Yield (Outside of Centre): 9.59%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,313.34 C$ 1,600.00-3,387.82
Apartment (1 bedroom) Outside of Centre 1,919.75 C$ 1,500.00-2,879.65
Apartment (3 bedrooms) in City Centre 3,492.71 C$ 2,500.00-5,759.29
Apartment (3 bedrooms) Outside of Centre 2,595.67 C$ 2,100.00-3,895.99
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 425.03 C$ 311.22-603.86
Price per Square Feet to Buy Apartment Outside of Centre 360.20 C$ 339.84-492.38
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,852.02 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.00 4.50-8.75

These data are based on 126 entries in the past 18 months from 28 different contributors.
Last update: April 2024

Sources and References
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