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Property Prices in Montreal, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 7.12 |
| Mortgage as Percentange of Income: | 48.28% |
| Loan Affordability Index: | 2.07 |
| Price to Rent Ratio - City Centre: | 21.38 |
| Price to Rent Ratio - Outside of Centre: | 20.74 |
| Gross Rental Yield (City Centre): | 4.68% |
| Gross Rental Yield (Outside of Centre): | 4.82% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,057.17 C$ | |
| Apartment (1 bedroom) Outside of Centre | 707.81 C$ | |
| Apartment (3 bedrooms) in City Centre | 1,918.75 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,215.00 C$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 459.80 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 291.37 C$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,838.06 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.20 |
These data are based on 443 entries in the past 18 months from 94 different contributors.
Last update: July 2018
Sources and References:
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