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Property Prices in Markham, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 7.80 |
| Mortgage as Percentange of Income: | 55.47% |
| Loan Affordability Index: | 1.80 |
| Price to Rent Ratio - City Centre: | 24.19 |
| Price to Rent Ratio - Outside of Centre: | 14.73 |
| Gross Rental Yield (City Centre): | 4.13% |
| Gross Rental Yield (Outside of Centre): | 6.79% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,561.11 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,268.75 C$ | |
| Apartment (3 bedrooms) in City Centre | 2,480.00 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,000.00 C$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 724.99 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 357.67 C$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 3,733.33 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.74 |
These data are based on 44 entries in the past 18 months from 9 different contributors.
Last update: June 2019
Sources and References:
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