Property Prices in Montreal, Canada

Index Info
Price to Income Ratio: 9.67
Mortgage as Percentage of Income: 83.56%
Loan Affordability Index: 1.20
Price to Rent Ratio - City Centre: 25.81
Price to Rent Ratio - Outside of Centre: 21.45
Gross Rental Yield (City Centre): 3.87%
Gross Rental Yield (Outside of Centre): 4.66%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,723.35 C$ 1,450.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,336.54 C$ 1,000.00-1,750.00
Apartment (3 bedrooms) in City Centre 2,836.11 C$ 2,200.00-3,800.00
Apartment (3 bedrooms) Outside of Centre 2,113.82 C$ 1,800.00-2,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 866.71 C$ 659.99-1,079.99
Price per Square Feet to Buy Apartment Outside of Centre 549.39 C$ 464.51-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,941.73 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.07 4.50-7.00

These data are based on 376 entries in the past 18 months from 80 different contributors.
Last update: January 2025

Sources and References
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1 Comments so far
Beverly on Oct 01, 2023:
I'm looking for a duplexes single family dwelling home