Property Prices in Saskatoon, Canada

Index Info
Price to Income Ratio: 4.18
Mortgage as Percentage of Income: 38.84%
Loan Affordability Index: 2.57
Price to Rent Ratio - City Centre: 11.26
Price to Rent Ratio - Outside of Centre: 9.00
Gross Rental Yield (City Centre): 8.88%
Gross Rental Yield (Outside of Centre): 11.11%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,650.00 C$ 1,400.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,395.00 C$ 1,200.00-1,585.00
Apartment (3 bedrooms) in City Centre 2,400.00 C$ 1,800.00-2,900.00
Apartment (3 bedrooms) Outside of Centre 1,885.00 C$ 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 344.00 C$
Price per Square Feet to Buy Apartment Outside of Centre 226.00 C$
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,666.25 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.97 5.00-8.75

These data are based on 56 entries in the past 18 months from 26 different contributors.
Last update: April 2024

Sources and References
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