Property Prices in Montreal, Canada

Index Info
Price to Income Ratio: 10.95
Mortgage as Percentage of Income: 97.49%
Loan Affordability Index: 1.03
Price to Rent Ratio - City Centre: 27.03
Price to Rent Ratio - Outside of Centre: 21.35
Gross Rental Yield (City Centre): 3.70%
Gross Rental Yield (Outside of Centre): 4.68%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,692.26 C$ 1,400.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,296.81 C$ 1,000.00-1,513.00
Apartment (3 bedrooms) in City Centre 3,002.50 C$ 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,142.14 C$ 1,695.00-2,700.00
Buy Apartment Price
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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 540.46 C$ 464.51-650.32
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,590.63 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.43 5.19-7.00

These data are based on 399 entries in the past 18 months from 81 different contributors.
Last update: July 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