Property Prices in Oakville, Canada

Index Info
Price to Income Ratio: 13.23
Mortgage as Percentage of Income: 90.69%
Loan Affordability Index: 1.10
Price to Rent Ratio - City Centre: 24.60
Price to Rent Ratio - Outside of Centre: 19.59
Gross Rental Yield (City Centre): 4.07%
Gross Rental Yield (Outside of Centre): 5.10%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 1,820.00 C$ 1,700.00-2,300.00
Apartment (1 bedroom) Outside of Centre 1,750.00 C$ 1,500.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,600.00 C$ 2,400.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 2,383.33 C$ 2,000.00-2,700.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 823.20 C$ 699.99-929.02
Price per Square Feet to Buy Apartment Outside of Centre 618.88 C$ 555.00-651.32
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 2,933.36 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.33 2.74-3.95

These data are based on 46 entries in the past 18 months from 10 different contributors.
Last update: November 2020

Sources and References
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