Property Prices in Markham, Canada

Index Info
Price to Income Ratio: 9.04
Mortgage as Percentage of Income: 69.01%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 17.51
Price to Rent Ratio - Outside of Centre: 18.47
Gross Rental Yield (City Centre): 5.71%
Gross Rental Yield (Outside of Centre): 5.41%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre C$2,235.00 2,090.00-2,600.00
1 Bedroom Apartment Outside of City Centre C$1,992.50 1,770.00-2,400.00
3 Bedroom Apartment in City Centre C$3,850.00 3,700.00-4,500.00
3 Bedroom Apartment Outside of City Centre C$3,252.50 3,000.00-3,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre C$777.77 634.99-889.07
Price per Square Feet to Buy Apartment Outside of Centre C$714.84 634.99-799.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$4,441.30
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.56 4.00-4.70

These data are based on 66 entries from 12 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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