Property Prices in London, Canada

Index Info
Price to Income Ratio: 4.55
Mortgage as Percentage of Income: 31.54%
Loan Affordability Index: 3.17
Price to Rent Ratio - City Centre: 14.93
Price to Rent Ratio - Outside of Centre: 13.77
Gross Rental Yield (City Centre): 6.70%
Gross Rental Yield (Outside of Centre): 7.26%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 1,215.19 C$ 900.00-1,750.00
Apartment (1 bedroom) Outside of Centre 1,035.93 C$ 800.00-1,400.00
Apartment (3 bedrooms) in City Centre 1,945.24 C$ 1,500.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,591.09 C$ 1,200.00-2,500.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 349.41 C$ 200.00-649.99
Price per Square Feet to Buy Apartment Outside of Centre 270.07 C$ 160.00-371.61
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 3,666.23 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.46 2.13-4.00

These data are based on 226 entries in the past 18 months from 41 different contributors.
Last update: November 2020

Sources and References
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