Property Prices in Burlington, Canada

Index Info
Price to Income Ratio: 18.92
Mortgage as Percentage of Income: 170.77%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 82.07
Price to Rent Ratio - Outside of Centre: 14.72
Gross Rental Yield (City Centre): 1.22%
Gross Rental Yield (Outside of Centre): 6.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,283.33 C$ 2,000.00-2,850.00
Apartment (1 bedroom) Outside of Centre 2,087.50 C$ 1,850.00-2,450.00
Apartment (3 bedrooms) in City Centre 3,625.00 C$ 3,300.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 3,250.00 C$ 2,950.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,596.85 C$ 650.32-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 584.95 C$ 524.90-644.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,947.62 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 5.60-6.90

These data are based on 44 entries in the past 18 months from 11 different contributors.
Last update: December 2024

Sources and References
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