Property Prices in London, Canada

Index Info
Price to Income Ratio: 5.19
Mortgage as Percentage of Income: 46.93%
Loan Affordability Index: 2.13
Price to Rent Ratio - City Centre: 10.87
Price to Rent Ratio - Outside of Centre: 11.05
Gross Rental Yield (City Centre): 9.20%
Gross Rental Yield (Outside of Centre): 9.05%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,034.47 C$ 1,500.00-3,280.23
Apartment (1 bedroom) Outside of Centre 1,758.69 C$ 1,300.00-3,098.00
Apartment (3 bedrooms) in City Centre 3,243.62 C$ 2,500.00-5,467.06
Apartment (3 bedrooms) Outside of Centre 2,563.98 C$ 2,000.00-4,191.41
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) 4,068.31 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.62 5.37-6.90

These data are based on 132 entries in the past 18 months from 32 different contributors.
Last update: December 2024

Sources and References
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