Property Prices in Victoria, Canada

Index Info
Price to Income Ratio: 10.62
Mortgage as Percentage of Income: 93.53%
Loan Affordability Index: 1.07
Price to Rent Ratio - City Centre: 19.38
Price to Rent Ratio - Outside of Centre: 16.20
Gross Rental Yield (City Centre): 5.16%
Gross Rental Yield (Outside of Centre): 6.17%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,134.68 C$ 1,900.00-2,600.00
Apartment (1 bedroom) Outside of Centre 1,859.00 C$ 1,600.00-2,499.00
Apartment (3 bedrooms) in City Centre 3,699.95 C$ 3,000.00-4,850.00
Apartment (3 bedrooms) Outside of Centre 3,254.50 C$ 2,800.00-4,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 824.66 C$ 600.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 602.79 C$ 480.00-1,452.53
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,616.98 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.30 4.45-6.90

These data are based on 221 entries from 39 contributors over the past 18 months.
Last update: April 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far