Property Prices in Sudbury, Canada

Index
Price to Income Ratio:	4.85
Mortgage as Percentage of Income:	44.23%
Loan Affordability Index:	2.26
Price to Rent Ratio - City Centre:	12.77
Price to Rent Ratio - Outside of Centre:	9.06
Gross Rental Yield (City Centre):	7.83%
Gross Rental Yield (Outside of Centre):	11.04%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,420.00 C$	1,200.00-2,200.00
Apartment (1 bedroom) Outside of Centre	1,414.29 C$	1,200.00-1,650.00
Apartment (3 bedrooms) in City Centre	2,283.33 C$	2,000.00-2,500.00
Apartment (3 bedrooms) Outside of Centre	2,333.33 C$	2,000.00-3,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	350.00 C$
Price per Square Feet to Buy Apartment Outside of Centre	250.00 C$
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,329.40 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.74	5.50-7.00

These data are based on 64 entries in the past 18 months from 14 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	49,000.00
GDP Growth Rate:	3.44%
Population Growth Rate:	0.73%