Property Prices in Sherbrooke, Canada

Index Info
Price to Income Ratio: 3.27
Mortgage as Percentage of Income: 22.92%
Loan Affordability Index: 4.36
Price to Rent Ratio - City Centre: 18.32
Price to Rent Ratio - Outside of Centre: 20.57
Gross Rental Yield (City Centre): 5.46%
Gross Rental Yield (Outside of Centre): 4.86%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 544.38 C$ 430.00-700.00
Apartment (1 bedroom) Outside of Centre 466.67 C$ 350.00-550.00
Apartment (3 bedrooms) in City Centre 1,003.57 C$ 725.00-1,600.00
Apartment (3 bedrooms) Outside of Centre 862.50 C$ 750.00-1,350.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 204.38 C$
Price per Square Feet to Buy Apartment Outside of Centre 196.95 C$ 185.80-208.10
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,301.81 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.58 1.80-3.95

These data are based on 59 entries in the past 18 months from 13 different contributors.
Last update: February 2021

Sources and References
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