Property Prices in Montreal, Canada

Index Info
Price to Income Ratio: 8.75
Mortgage as Percentage of Income: 74.02%
Loan Affordability Index: 1.35
Price to Rent Ratio - City Centre: 24.00
Price to Rent Ratio - Outside of Centre: 19.72
Gross Rental Yield (City Centre): 4.17%
Gross Rental Yield (Outside of Centre): 5.07%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,629.51 C$ 1,300.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,257.30 C$ 1,000.00-1,513.00
Apartment (3 bedrooms) in City Centre 2,759.09 C$ 2,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,996.50 C$ 1,500.00-2,800.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 771.56 C$ 550.00-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 475.82 C$ 399.48-624.99
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,838.30 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.81 3.00-8.75

These data are based on 377 entries in the past 18 months from 72 different contributors.
Last update: September 2023

Sources and References
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1 Comments so far
Beverly on Oct 01, 2023:
I'm looking for a duplexes single family dwelling home