Property Prices in Montreal, Canada

Index Info
Price to Income Ratio: 7.14
Mortgage as Percentage of Income: 47.10%
Loan Affordability Index: 2.12
Price to Rent Ratio - City Centre: 21.36
Price to Rent Ratio - Outside of Centre: 19.59
Gross Rental Yield (City Centre): 4.68%
Gross Rental Yield (Outside of Centre): 5.11%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,293.38 C$ 995.00-1,700.00
Apartment (1 bedroom) Outside of Centre 842.05 C$ 700.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,237.50 C$ 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,469.85 C$ 1,200.00-2,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 550.24 C$ 450.00-749.99
Price per Square Feet to Buy Apartment Outside of Centre 329.75 C$ 232.26-464.51
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,318.18 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.91 2.00-5.00

These data are based on 635 entries in the past 18 months from 115 different contributors.
Last update: January 2021

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
Sulaymaniyah drammeh on May 13, 2017:
I want to have contact with the company, I'm leaving in Germany , this is my number and i want to know every details about this house, this is my number +4915202014150