Last Updated: Jan. 31, 2019
TORONTO -DOWNTOWN condos	PRICE/SQ.M. (US$)		YIELD (p.a.)	PRICE/SQ.FT. (US$)
	TO BUY	MONTHLY RENT		TO BUY	MONTHLY RENT
Bay. St. Corridor	8,827	32.40	4.40%	820	3.01
Church Village	8,202	33.91	4.96%	762	3.15
City Place	7,696	31.54	4.92%	715	2.93
Distillery District	7,847	31.22	4.77%	729	2.90
Fort York	7,589	30.68	4.85%	705	2.85
King West	8,439	34.45	4.90%	784	3.20
Queen West	8,504	34.55	4.88%	790	3.21
St. Lawrence Market	7,912	31.22	4.73%	735	2.90
The Annex	7,793	35.52	5.47%	724	3.30
The Core	9,010	34.55	4.60%	837	3.21
The Waterfront	8,633	31.32	4.35%	802	2.91
Yorkville	10,947	35.63	3.91%	1,017	3.31
TORONTO-MIDTOWN condos
Casa Loma	8,644	28.96	4.02%	803	2.69
Mount Pleasant West	7,729	30.79	4.78%	718	2.86
Rosedale-Moore Park	7,417	26.91	4.35%	689	2.5
Yonge-Eglinton	7,675	27.99	4.38%	713	2.60
Yonge-St Clair	7,610	27.23	4.29%	707	2.53
VANCOUVER condos
Coal Harbour	14,295	n.a.	n.a.	1,328	n.a.
Davie Village	9,311	n.a.	n.a.	865	n.a.
Downtown	11,023	n.a.	n.a.	1,024	n.a.
Gastown	7,922	n.a.	n.a.	736	n.a.
Kitsilano	8,450	n.a.	n.a.	785	n.a.
West End	10,990	n.a.	n.a.	1021	n.a.
West Point Grey	8,041	n.a.	n.a.	747	n.a.
Yaletown	9,774	n.a.	n.a.	908	n.a.
MONTREAL Condos
Cote des Neiges/Notre Dame de Grace	3,089	n.a.	n.a.	287	n.a.
Mont Royal	3,380	n.a.	n.a.	314	n.a.
Outremont	3,595	n.a.	n.a.	334	n.a.
Plateau Mnt-Royal	3,423	n.a.	n.a.	318	n.a.
Rosemont/Petite-Patrie	3,057	n.a.	n.a.	284	n.a.
The Sud-Ouest	3,757	n.a.	n.a.	349	n.a.
Verdun	3,025	n.a.	n.a.	281	n.a.
Ville-Marie	3,789	n.a.	n.a.	352	n.a.
Villeray/St.Michel/Parc Extension	2,960	n.a.	n.a.	275	n.a.
Westmount	4,327	n.a.	n.a.	402	n.a.
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Condos.ca and JLR, Inc Definitions: Data FAQ See also: Update Schedule

Rental returns on apartments in Montreal tend to outpace those in Toronto.  We´ve found in recent years that even on a largish 120 sq. m. apartment in Montreal, you are likely to earn a gross rental return over of 4.5%. If you own a small apartment of 60 sq. m. in Montreal and rent it out, you are likely to make a return of around 6%. In this low-return era, in a low-risk country such as Canada, that is a really acceptable yield. However unfortunately this year we don´t have yields data for Montreal, so in saying this we are relying on an extrapolation of previous years´ figures.

In Toronto, gross rental yields are lower, at between 3.9% to 5.5%, sometimes even lower. Taking account of the fact that we give gross figures - a guess might be that net yields would be 2% lower.

We continue to find it hard to collect yields figures for Vancouver.

Transactions costs in Canada are usually reasonable. The Canadian property market is cooling.