Property Prices in Sarnia, Canada

Index Info
Price to Income Ratio: 6.01
Mortgage as Percentage of Income: 42.51%
Loan Affordability Index: 2.35
Price to Rent Ratio - City Centre: 12.91
Price to Rent Ratio - Outside of Centre: 12.51
Gross Rental Yield (City Centre): 7.75%
Gross Rental Yield (Outside of Centre): 8.00%

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Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 1,092.86 C$ 950.00-1,300.00
Apartment (1 bedroom) Outside of Centre 910.00 C$ 700.00-1,500.00
Apartment (3 bedrooms) in City Centre 1,860.00 C$ 1,200.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,400.00 C$ 1,100.00-4,500.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 279.00 C$ 258.00-300.00
Price per Square Feet to Buy Apartment Outside of Centre 279.00 C$ 258.00-300.00
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 2,498.29 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.68 3.00-3.95

These data are based on 51 entries in the past 18 months from 10 different contributors.
Last update: November 2020

Sources and References
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