Property Prices in Waterloo, Canada

Index Info
Price to Income Ratio: 9.32
Mortgage as Percentage of Income: 85.79%
Loan Affordability Index: 1.17
Price to Rent Ratio - City Centre: 23.99
Price to Rent Ratio - Outside of Centre: 21.31
Gross Rental Yield (City Centre): 4.17%
Gross Rental Yield (Outside of Centre): 4.69%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,000.83 C$ 1,700.00-2,385.00
Apartment (1 bedroom) Outside of Centre 1,721.43 C$ 1,500.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,254.55 C$ 2,800.00-3,750.00
Apartment (3 bedrooms) Outside of Centre 2,888.89 C$ 2,500.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 930.64 C$ 650.32-1,399.99
Price per Square Feet to Buy Apartment Outside of Centre 721.02 C$ 437.00-1,099.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,769.50 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.86 6.00-7.00

These data are based on 97 entries in the past 18 months from 17 different contributors.
Last update: January 2025

Sources and References
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