Property Prices in Mississauga, Canada

Index Info
Price to Income Ratio: 9.47
Mortgage as Percentage of Income: 86.61%
Loan Affordability Index: 1.15
Price to Rent Ratio - City Centre: 22.74
Price to Rent Ratio - Outside of Centre: 14.40
Gross Rental Yield (City Centre): 4.40%
Gross Rental Yield (Outside of Centre): 6.95%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,554.55 C$ 2,400.00-3,000.00
Apartment (1 bedroom) Outside of Centre 2,193.75 C$ 1,900.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,633.33 C$ 3,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 3,255.56 C$ 3,000.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,066.49 C$ 812.99-1,332.99
Price per Square Feet to Buy Apartment Outside of Centre 589.61 C$ 123.84-899.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,708.01 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.78 5.20-7.00

These data are based on 120 entries in the past 18 months from 31 different contributors.
Last update: July 2024

Sources and References
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