Property Prices in Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 10.58 |
| Mortgage as Percentage of Income: | 96.03% |
| Loan Affordability Index: | 1.04 |
| Price to Rent Ratio - City Centre: | 25.16 |
| Price to Rent Ratio - Outside of Centre: | 20.14 |
| Gross Rental Yield (City Centre): | 3.97% |
| Gross Rental Yield (Outside of Centre): | 4.96% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,872.96 C$ | |
| Apartment (1 bedroom) Outside of Centre | 1,678.21 C$ | |
| Apartment (3 bedrooms) in City Centre | 3,027.63 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 2,575.70 C$ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 911.38 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 639.75 C$ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,945.23 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.68 |
These data are based on 7250 entries in the past 18 months from 1370 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in Canada
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Abbotsford | 7.7 | 5.7 | 8.5 | 17.5 | 11.8 | 71.4 | 1.4 | |
| Barrie | 2.0 | 23.7 | 26.8 | 4.2 | 3.7 | 17.8 | 5.6 | |
| Brampton | 10.3 | 4.9 | 5.8 | 20.3 | 17.3 | 95.0 | 1.1 | |
| Burnaby | 8.5 | 6.4 | 7.3 | 15.7 | 13.7 | 77.6 | 1.3 | |
| Calgary | 4.8 | 8.8 | 7.8 | 11.3 | 12.8 | 42.5 | 2.4 | |
| Edmonton | 4.9 | 7.5 | 7.8 | 13.4 | 12.8 | 43.2 | 2.3 | |
| Fredericton | 3.6 | 10.8 | 11.1 | 9.2 | 9.0 | 32.8 | 3.0 | |
| Gatineau | 10.2 | 4.3 | 3.1 | 23.4 | 31.9 | 92.7 | 1.1 | |
| Guelph | 7.6 | 5.5 | 5.1 | 18.3 | 19.5 | 69.5 | 1.4 | |
| Halifax | 8.8 | 4.6 | 9.7 | 21.9 | 10.3 | 78.2 | 1.3 | |
| Hamilton | 28.9 | 1.6 | 1.7 | 61.8 | 59.3 | 264.8 | 0.4 | |
| Kamloops | 11.4 | 4.5 | 5.5 | 22.4 | 18.2 | 104.7 | 1.0 | |
| Kelowna | 10.6 | 4.6 | 6.2 | 21.7 | 16.1 | 96.7 | 1.0 | |
| Kingston | 4.6 | 7.1 | 9.3 | 14.0 | 10.7 | 42.0 | 2.4 | |
| Kitchener | 7.0 | 5.5 | 6.5 | 18.2 | 15.4 | 63.6 | 1.6 | |
| London | 5.2 | 9.3 | 8.8 | 10.8 | 11.4 | 47.3 | 2.1 | |
| Markham | 7.7 | 5.5 | 8.4 | 18.2 | 12.0 | 69.9 | 1.4 | |
| Mississauga | 11.7 | 4.3 | 4.7 | 23.2 | 21.4 | 104.7 | 1.0 | |
| Montreal | 10.9 | 3.6 | 4.7 | 27.7 | 21.3 | 95.8 | 1.0 | |
| Nanaimo, BC | 9.4 | 6.3 | 6.0 | 15.9 | 16.6 | 84.8 | 1.2 | |
| North Vancouver | 9.5 | 4.9 | 6.7 | 20.2 | 14.9 | 87.1 | 1.1 | |
| Oakville | 10.0 | 8.1 | 4.0 | 12.3 | 25.0 | 91.1 | 1.1 | |
| Ottawa | 7.8 | 5.8 | 5.4 | 17.3 | 18.4 | 68.4 | 1.5 | |
| Quebec City | 11.4 | 2.2 | 5.6 | 45.8 | 17.8 | 107.0 | 0.9 | |
| Regina | 6.0 | 6.2 | 7.9 | 16.2 | 12.6 | 55.5 | 1.8 | |
| Richmond | 15.2 | 3.5 | 3.7 | 28.3 | 26.8 | 133.9 | 0.7 | |
| Saskatoon | 4.8 | 7.6 | 8.4 | 13.1 | 11.9 | 44.3 | 2.3 | |
| Sherbrooke | 3.4 | 7.1 | 7.1 | 14.0 | 14.1 | 30.4 | 3.3 | |
| St. John's, Newfoundland and Labrador | 4.1 | 7.8 | 7.4 | 12.9 | 13.5 | 37.3 | 2.7 | |
| Sudbury | 4.8 | 7.8 | 11.0 | 12.8 | 9.1 | 44.2 | 2.3 | |
| Surrey | 17.7 | 3.8 | 3.5 | 26.1 | 28.3 | 162.2 | 0.6 | |
| Toronto | 12.6 | 3.9 | 4.1 | 25.6 | 24.6 | 109.4 | 0.9 | |
| Vancouver | 13.0 | 4.3 | 4.9 | 23.2 | 20.3 | 115.0 | 0.9 | |
| Victoria | 14.6 | 4.3 | 4.2 | 23.2 | 23.6 | 130.8 | 0.8 | |
| Waterloo | 9.4 | 3.9 | 4.1 | 25.8 | 24.3 | 87.0 | 1.1 | |
| Windsor | 4.8 | 7.6 | 9.3 | 13.2 | 10.7 | 43.5 | 2.3 | |
| Winnipeg | 5.8 | 6.1 | 7.4 | 16.5 | 13.5 | 51.1 | 2.0 |
This page in other languages:
 DeutschImmobilienpreise in Kanada
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 PortuguêsPreços de Imóveis no Canadá
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 ItalianoPrezzi delle proprietà immobiliari in Canada
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 FrançaisPrix de l'immobilier au Canada
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 EspañolPrecios de Inmuebles en Canadá
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