Property Prices in Montreal, Canada

Index Info
Price to Income Ratio: 11.02
Mortgage as Percentage of Income: 98.03%
Loan Affordability Index: 1.02
Price to Rent Ratio - City Centre: 28.40
Price to Rent Ratio - Outside of Centre: 21.54
Gross Rental Yield (City Centre): 3.52%
Gross Rental Yield (Outside of Centre): 4.64%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,118.72 € 931.64-1,360.06
Apartment (1 bedroom) Outside of Centre 872.09 € 680.03-1,088.05
Apartment (3 bedrooms) in City Centre 2,036.41 € 1,700.07-2,720.12
Apartment (3 bedrooms) Outside of Centre 1,468.86 € 1,190.05-1,904.08
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 647.30 € 543.00-1,020.04
Price per Square Feet to Buy Apartment Outside of Centre 369.76 € 315.88-748.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,484.29 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.43 5.00-7.00

These data are based on 348 entries in the past 18 months from 73 different contributors.
Last update: May 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