Property Prices in London, Canada

Index Info
Price to Income Ratio: 5.23
Mortgage as Percentage of Income: 47.22%
Loan Affordability Index: 2.12
Price to Rent Ratio - City Centre: 10.74
Price to Rent Ratio - Outside of Centre: 11.39
Gross Rental Yield (City Centre): 9.31%
Gross Rental Yield (Outside of Centre): 8.78%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,078.48 C$ 1,500.00-3,558.65
Apartment (1 bedroom) Outside of Centre 1,675.10 C$ 1,300.00-2,668.99
Apartment (3 bedrooms) in City Centre 3,233.69 C$ 2,500.00-5,337.98
Apartment (3 bedrooms) Outside of Centre 2,558.24 C$ 2,000.00-4,092.45
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) 4,043.11 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 33 different contributors.
Last update: October 2024

Sources and References
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