Property Prices in Victoria, Canada

Index Info
Price to Income Ratio: 7.62
Mortgage as Percentage of Income: 56.90%
Loan Affordability Index: 1.76
Price to Rent Ratio - City Centre: 15.91
Price to Rent Ratio - Outside of Centre: 15.64
Gross Rental Yield (City Centre): 6.29%
Gross Rental Yield (Outside of Centre): 6.39%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre C$2,179.38 1,900.00-2,500.00
1 Bedroom Apartment Outside of City Centre C$1,853.08 1,700.00-2,000.00
3 Bedroom Apartment in City Centre C$3,852.00 3,500.00-4,600.00
3 Bedroom Apartment Outside of City Centre C$3,246.67 2,970.00-4,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre C$7,501.86 6,210.78-9,330.00
Price per Square Meter to Buy Apartment Outside of Centre C$6,246.45 5,500.00-6,580.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$4,512.64
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.31 3.75-4.70

These data are based on 162 entries from 33 contributors over the past 18 months.
Last update: 15 October 2026

Sources and References
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