Property Prices in Montreal, Canada

Index Info
Price to Income Ratio: 10.97
Mortgage as Percentage of Income: 97.56%
Loan Affordability Index: 1.02
Price to Rent Ratio - City Centre: 27.95
Price to Rent Ratio - Outside of Centre: 22.07
Gross Rental Yield (City Centre): 3.58%
Gross Rental Yield (Outside of Centre): 4.53%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,695.90 C$ 1,400.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,310.51 C$ 1,000.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,988.57 C$ 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,155.91 C$ 1,600.00-2,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 951.88 C$ 798.49-1,499.99
Price per Square Feet to Buy Apartment Outside of Centre 563.54 C$ 500.00-1,099.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,717.09 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.42 5.00-7.00

These data are based on 340 entries in the past 18 months from 76 different contributors.
Last update: March 2024

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