Property Prices in Mississauga, Canada

Index Info
Price to Income Ratio: 8.95
Mortgage as Percentage of Income: 61.41%
Loan Affordability Index: 1.63
Price to Rent Ratio - City Centre: 21.75
Price to Rent Ratio - Outside of Centre: 19.57
Gross Rental Yield (City Centre): 4.60%
Gross Rental Yield (Outside of Centre): 5.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,923.96 C$ 1,600.00-2,300.00
Apartment (1 bedroom) Outside of Centre 1,684.27 C$ 1,500.00-1,950.00
Apartment (3 bedrooms) in City Centre 3,030.55 C$ 2,600.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,483.86 C$ 2,111.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 800.47 C$ 557.41-1,099.99
Price per Square Feet to Buy Apartment Outside of Centre 613.87 C$ 325.16-799.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,250.22 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.33 2.00-3.95

These data are based on 197 entries in the past 18 months from 38 different contributors.
Last update: June 2021

Sources and References
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