Property Prices in London, Canada

Index Info
Price to Income Ratio: 5.48
Mortgage as Percentage of Income: 49.88%
Loan Affordability Index: 2.00
Price to Rent Ratio - City Centre: 10.14
Price to Rent Ratio - Outside of Centre: 10.68
Gross Rental Yield (City Centre): 9.86%
Gross Rental Yield (Outside of Centre): 9.36%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,236.90 C$ 1,600.00-3,553.85
Apartment (1 bedroom) Outside of Centre 1,832.13 C$ 1,500.00-2,665.38
Apartment (3 bedrooms) in City Centre 3,352.44 C$ 2,500.00-5,330.77
Apartment (3 bedrooms) Outside of Centre 2,623.87 C$ 2,100.00-4,086.92
Buy Apartment Price
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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
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Average Monthly Net Salary (After Tax) 3,855.23 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.72 5.37-6.90

These data are based on 126 entries in the past 18 months from 31 different contributors.
Last update: July 2024

Sources and References
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