Property Prices in Hamilton, Canada

Index Info
Price to Income Ratio: 28.90
Mortgage as Percentage of Income: 264.82%
Loan Affordability Index: 0.38
Price to Rent Ratio - City Centre: 61.85
Price to Rent Ratio - Outside of Centre: 59.26
Gross Rental Yield (City Centre): 1.62%
Gross Rental Yield (Outside of Centre): 1.69%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,828.23 C$ 1,600.00-2,300.00
Apartment (1 bedroom) Outside of Centre 1,705.38 C$ 1,300.00-1,950.00
Apartment (3 bedrooms) in City Centre 2,837.78 C$ 2,500.00-3,300.00
Apartment (3 bedrooms) Outside of Centre 2,521.56 C$ 2,000.00-3,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,149.98 C$ 300.00-3,999.97
Price per Square Feet to Buy Apartment Outside of Centre 1,883.86 C$ 280.00-4,999.96
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,756.67 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.81 5.50-6.90

These data are based on 90 entries in the past 18 months from 21 different contributors.
Last update: December 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far