Property Prices in Toronto, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 12.14 |
| Mortgage as Percentage of Income: | 81.56% |
| Loan Affordability Index: | 1.23 |
| Price to Rent Ratio - City Centre: | 25.44 |
| Price to Rent Ratio - Outside of Centre: | 24.86 |
| Gross Rental Yield (City Centre): | 3.93% |
| Gross Rental Yield (Outside of Centre): | 4.02% |
Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,152.70 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,765.07 C$ | |
| Apartment (3 bedrooms) in City Centre | 3,491.15 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,736.65 C$ | |
Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 1,060.69 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 833.94 C$ | |
Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,198.78 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.10 |
These data are based on 769 entries in the past 12 months from 161 different contributors.
Last update: November 2020
Sources and References
Nearby cities:
| Property Prices in Vaughan | 16.10 miles |
| Property Prices in Richmond Hill | 22.87 miles |
| Property Prices in Oakville | 25.57 miles |
| Property Prices in Brampton | 27.62 miles |
| Property Prices in Whitby, ON | 33.84 miles |
| Property Prices in Burlington | 34.94 miles |
| Property Prices in Oshawa | 35.88 miles |
| Property Prices in Hamilton | 44.17 miles |
| Property Prices in Guelph | 58.38 miles |
| Property Prices in Cambridge | 60.12 miles |
This page in other languages:
DeutschImmobilienpreise in Toronto
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EspañolPrecios de Inmuebles en Toronto
Mortgage as Percentange of Income: 98.89%
How can that even be on the green?
https://www.blogto.com/city/2018/01/toronto-ranked-one-least-affordable-cities-world/
Toronto one of the least affordable cities to live. It should be in red, specially because the net income here is a big fat lie.
Toronto is overpriced, it does not have any world class education, entertainment, or shopping, and the prices are over-inflated by double-representing real estate agents (the same agent represents buyers and sellers, and they force both to inflate prices. Totally legal).
Rent takes over half your income, and if you lose your job there are few to none social security networks. You will be on the streets at -20C.
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