Property Prices in Montreal, Canada

Index Info
Price to Income Ratio: 10.62
Mortgage as Percentage of Income: 94.60%
Loan Affordability Index: 1.06
Price to Rent Ratio - City Centre: 27.23
Price to Rent Ratio - Outside of Centre: 21.13
Gross Rental Yield (City Centre): 3.67%
Gross Rental Yield (Outside of Centre): 4.73%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,668.56 C$ 1,400.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,275.58 C$ 1,000.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,005.13 C$ 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,148.00 C$ 1,695.00-2,700.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 921.03 C$ 789.67-1,079.99
Price per Square Feet to Buy Apartment Outside of Centre 530.53 C$ 464.51-650.32
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,677.77 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.44 5.00-7.00

These data are based on 383 entries in the past 18 months from 80 different contributors.
Last update: June 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

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