Property Prices in Sudbury, Canada

Index Info
Price to Income Ratio: 6.46
Mortgage as Percentage of Income: 62.35%
Loan Affordability Index: 1.60
Price to Rent Ratio - City Centre: 18.69
Price to Rent Ratio - Outside of Centre: 14.51
Gross Rental Yield (City Centre): 5.35%
Gross Rental Yield (Outside of Centre): 6.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,320.00 C$ 1,100.00-1,700.00
Apartment (1 bedroom) Outside of Centre 1,164.29 C$ 950.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,216.67 C$ 2,000.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,950.00 C$ 1,800.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 485.00 C$ 320.00-649.99
Price per Square Feet to Buy Apartment Outside of Centre 331.66 C$ 265.00-450.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,399.40 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.47 6.00-8.75

These data are based on 68 entries in the past 18 months from 15 different contributors.
Last update: September 2023

Sources and References
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