Property Prices in Victoria, Canada

Index Info
Price to Income Ratio: 8.68
Mortgage as Percentage of Income: 65.85%
Loan Affordability Index: 1.52
Price to Rent Ratio - City Centre: 17.24
Price to Rent Ratio - Outside of Centre: 16.12
Gross Rental Yield (City Centre): 5.80%
Gross Rental Yield (Outside of Centre): 6.20%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre C$2,248.12 2,000.00-2,500.00
1 Bedroom Apartment Outside of City Centre C$1,846.84 1,700.00-2,000.00
3 Bedroom Apartment in City Centre C$3,834.67 3,300.00-4,600.00
3 Bedroom Apartment Outside of City Centre C$3,359.38 3,000.00-3,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre C$767.14 577.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre C$606.25 577.00-899.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) C$4,255.81
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.49 4.00-4.70

These data are based on 176 entries from 29 contributors over the past 18 months.
Last update: 4 May 2026

Sources and References
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far