Property Prices in London, Canada

Index Info
Price to Income Ratio: 5.70
Mortgage as Percentage of Income: 50.32%
Loan Affordability Index: 1.99
Price to Rent Ratio - City Centre: 10.81
Price to Rent Ratio - Outside of Centre: 10.94
Gross Rental Yield (City Centre): 9.25%
Gross Rental Yield (Outside of Centre): 9.14%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,991.18 C$ 1,500.00-3,294.85
Apartment (1 bedroom) Outside of Centre 1,741.65 C$ 1,300.00-3,111.80
Apartment (3 bedrooms) in City Centre 3,377.74 C$ 2,500.00-6,223.60
Apartment (3 bedrooms) Outside of Centre 2,664.25 C$ 2,000.00-4,576.18
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 425.03 C$ 311.22-603.86
Price per Square Feet to Buy Apartment Outside of Centre 360.20 C$ 339.84-492.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,708.32 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.34 4.45-6.90

These data are based on 127 entries from 30 contributors over the past 18 months.
Last update: April 2025

Sources and References
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