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Property Prices in Montreal, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 6.98 |
| Mortgage as Percentange of Income: | 47.73% |
| Loan Affordability Index: | 2.09 |
| Price to Rent Ratio - City Centre: | 22.09 |
| Price to Rent Ratio - Outside of Centre: | 20.33 |
| Gross Rental Yield (City Centre): | 4.53% |
| Gross Rental Yield (Outside of Centre): | 4.92% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,053.18 C$ | |
| Apartment (1 bedroom) Outside of Centre | 712.49 C$ | |
| Apartment (3 bedrooms) in City Centre | 1,908.12 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,226.90 C$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 473.04 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 287.84 C$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,933.02 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.30 |
These data are based on 492 entries in the past 18 months from 101 different contributors.
Last update: October 2018
Sources and References:
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