Property Prices in Toronto, Canada

Index Info
Price to Income Ratio: 12.18
Mortgage as Percentange of Income: 82.91%
Loan Affordability Index: 1.21
Price to Rent Ratio - City Centre: 23.32
Price to Rent Ratio - Outside of Centre: 22.99
Gross Rental Yield (City Centre): 4.29%
Gross Rental Yield (Outside of Centre): 4.35%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,816.12 C$ 1,400.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,419.40 C$ 1,100.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,136.71 C$ 2,300.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,221.18 C$ 1,700.00-3,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 842.78 C$ 649.99-999.99
Price per Square Feet to Buy Apartment Outside of Centre 622.61 C$ 464.51-799.99
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,238.37 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.25 2.80-4.00

These data are based on 861 entries in the past 12 months from 204 different contributors.
Last update: July 2018

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7 Comments so far

#Anonymous on Jan 05, 2018 :
Where are you getting your Price per Meter Data? has a realtime Condo apartment index and these numbers are subsantially higher?
#Icedream on Jun 08, 2017 :
I would like to buy a three-room house in one of the suburbs of either Montreal, Quebec, Toronto, Ottawa or Winnipeg whose prices should vary between $ 100,000 and $ 120000, if possible. My last concern is what are the benefits of buying a home in Canada? Will I be able to have permanent residence?
#BALMUKUND BHATT on Apr 02, 2017 :

My son has house at Robbins avenue ,Upper beach ,toronto its 3 bed room semi detached house with build up area 2000 and given on rent @2800/- PM and todays listing cost is @CN$ 900000/- so Price to rent ratio is 26.78 of city center, Toronto
#Richard on Feb 16, 2016 :
Hi, can I rent a 3 bed for $2000 per month. I have 2&4 year olds, don't want to be in the centre of Toronto but near parks, outdoor stuff, don't mind anywhere in GTA.
#anonymous on Nov 11, 2015 :
@jai prakash

Unless you live in Niagara, you can't find anything below 300k in the golden horseshoe. There are some around 300k near Richmond hill and the other suburbs, but I can't assure you that they are good neighbourhoods. You could maybe find deals in other parts of Canada much nicer than Toronto like Montreal or Calgary suburbs. Other than that, you can't find here for 100k.
#anonymous on Nov 11, 2015 :

If you are looking for a $400000 townhome, I'd suggest looking around the suburbs like Mississauga or Oakville. Property is more expensive closer to downtown Toronto so most suburbs, except maybe Burlington or Vaughan, offer you much lower house prices. I hope I could help.
#chanchal tripathi on Jun 04, 2015 :
Hi i want to buy a shop near by toranto with an area of 2000sq feet .please cofirm me the price of coresponding .