Property Prices in Mississauga, Canada

Index Info
Price to Income Ratio: 9.16
Mortgage as Percentage of Income: 76.61%
Loan Affordability Index: 1.31
Price to Rent Ratio - City Centre: 21.95
Price to Rent Ratio - Outside of Centre: 19.48
Gross Rental Yield (City Centre): 4.56%
Gross Rental Yield (Outside of Centre): 5.13%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,207.89 C$ 1,900.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,911.94 C$ 1,600.00-2,300.00
Apartment (3 bedrooms) in City Centre 3,273.08 C$ 2,750.00-3,700.00
Apartment (3 bedrooms) Outside of Centre 2,923.08 C$ 2,600.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 904.36 C$ 749.99-1,165.74
Price per Square Feet to Buy Apartment Outside of Centre 703.79 C$ 500.00-969.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,722.10 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.65 1.80-8.75

These data are based on 136 entries in the past 18 months from 28 different contributors.
Last update: March 2023

Sources and References
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