Property Prices in London, Canada

Index Info
Price to Income Ratio: 5.70
Mortgage as Percentage of Income: 51.86%
Loan Affordability Index: 1.93
Price to Rent Ratio - City Centre: 11.11
Price to Rent Ratio - Outside of Centre: 11.03
Gross Rental Yield (City Centre): 9.00%
Gross Rental Yield (Outside of Centre): 9.07%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,931.15 C$ 1,500.00-3,323.31
Apartment (1 bedroom) Outside of Centre 1,745.30 C$ 1,300.00-3,138.68
Apartment (3 bedrooms) in City Centre 3,299.07 C$ 2,500.00-5,538.86
Apartment (3 bedrooms) Outside of Centre 2,607.71 C$ 2,000.00-4,246.46
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 6.72 5.00-6.90

These data are based on 129 entries in the past 18 months from 32 different contributors.
Last update: March 2025

Sources and References
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