Property Prices in Markham, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 6.33 |
| Mortgage as Percentage of Income: | 45.31% |
| Loan Affordability Index: | 2.21 |
| Price to Rent Ratio - City Centre: | 22.11 |
| Price to Rent Ratio - Outside of Centre: | 12.45 |
| Gross Rental Yield (City Centre): | 4.52% |
| Gross Rental Yield (Outside of Centre): | 8.03% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,861.11 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,568.75 C$ | |
| Apartment (3 bedrooms) in City Centre | 2,570.00 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,216.67 C$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 746.55 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 357.67 C$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,696.67 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.83 |
These data are based on 70 entries in the past 18 months from 14 different contributors.
Last update: June 2020
Sources and References
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