Property Prices in Mississauga, Canada

Index Info
Price to Income Ratio: 11.73
Mortgage as Percentage of Income: 104.88%
Loan Affordability Index: 0.95
Price to Rent Ratio - City Centre: 23.27
Price to Rent Ratio - Outside of Centre: 21.21
Gross Rental Yield (City Centre): 4.30%
Gross Rental Yield (Outside of Centre): 4.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,567.86 C$ 2,400.00-2,800.00
Apartment (1 bedroom) Outside of Centre 2,231.82 C$ 1,900.00-2,600.00
Apartment (3 bedrooms) in City Centre 3,650.00 C$ 3,500.00-4,800.00
Apartment (3 bedrooms) Outside of Centre 3,292.31 C$ 3,000.00-3,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,096.32 C$ 824.99-1,298.99
Price per Square Feet to Buy Apartment Outside of Centre 881.66 C$ 744.99-999.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,538.97 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.50 4.80-7.00

These data are based on 144 entries in the past 18 months from 30 different contributors.
Last update: December 2024

Sources and References
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