advancing affordable housing solutions · 2020. 7. 10. · production of affordable housing through...

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CMHC provides mortgage loan insurance flexibilities and other tools to facilitate the production and preservation of affordable housing. One of the eligibility criteria for determining affordability is 80% of the units in the project must be at or below the 30 th percentile of rents in the subject market for units of a similar type (i.e. number of bedrooms). These rent levels are derived from the most recent data gathered from CMHC’s rental market survey. The last survey was conducted in October 2019. The rent levels presented in the attached chart represent the 30 th percentile. The first chart pertains to larger population centres while the second chart pertains to smaller communities. These rent levels are published annually by CMHC. To find out more about the tools that CMHC offers to facilitate the production of affordable housing through partnerships, check our website at www.cmhc.ca or call CMHC’s toll free information line at 1‐800‐668‐2642. ADVANCING AFFORDABLE HOUSING SOLUTIONS AFFORDABILITY CRITERIA - RENT PERCENTILES For more information on the latest trends in vacancy rates and average rents, check out the Rental Market Reports. MULTI-UNIT

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Page 1: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

CMHC provides mortgage loan insurance flexibilities and other tools to facilitate the production and preservation of affordable housing. One of the eligibility criteria for determining affordability is 80% of the units in the project must be at or below the 30th percentile of rents in the subject market for units of a similar type (i.e. number of bedrooms).

These rent levels are derived from the most recent data gathered from CMHC’s rental market survey.

The last survey was conducted in October 2019. The rent levels presented in the attached chart represent the 30th percentile. The first chart pertains to larger population centres while the second chart pertains to smaller communities.

These rent levels are published annually by CMHC. To find out more about the tools that CMHC offers to facilitate the production of affordable housing through partnerships, check our website at www.cmhc.ca or call CMHC’s toll free information line at 1‐800‐668‐2642.

ADVANCING AFFORDABLE HOUSING SOLUTIONSAFFORDABILITY CRITERIA - RENT PERCENTILES

For more information on the latest trends in vacancy rates and average rents, check out the Rental Market Reports.

MULTI-UNIT

Page 2: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

BedroomNewfoundland and Labrador St. John’s St. John's East 600 725 890 931

St. John's West 700 800 850 885

Remainder of CMA -- 785 750 600

Total 650 772 853 850

Bay Roberts - -- -- 550 --

Corner Brook - 475 575 700 850

Gander - -- 600 680 775

Grand Falls-Windsor - -- 625 700 --

Prince Edward Island Charlottetown - 505 674 800 900

Summerside - 740 650 725 768

Nova Scotia Halifax Peninsula South 818 1,028 1,395 1,717

Peninsula North 600 825 1,000 1,200

Mainland South 609 600 749 811

Mainland North 675 838 1,023 1,295

Dartmouth North 574 676 806 829

Dartmouth South 560 750 849 905

Dartmouth East 575 650 819 839

Bedford -- 778 1,100 1,300

Sackville -- 850 975 1,092

Remainder of CMA -- 850 1,510 1,650

Total 704 760 925 1,100

Cape Breton - 550 635 725 850

East Hants MD - -- 600 850 775

Kings, Subd. A SC - -- 550 625 --

Queens RGM - -- 655 658 --

West Hants MD - -- -- -- --

Kentville - 550 550 675 815

New Glasgow - 500 550 650 670

Truro - 475 625 780 850

2

Page 3: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

New Brunswick Moncton Central Moncton 545 645 745 800

West Moncton 550 650 750 750

East Moncton 600 600 768 886

North Moncton 550 650 785 875

Riverview -- 725 800 1,025

Dieppe City -- 694 787 1,035

Remainder of CMA -- 500 750 --

Total 550 650 768 875

Saint John South 449 600 695 780

West -- 550 640 700

North 550 625 720 710

East 540 600 690 730

Outlying Areas -- 550 638 --

Total 450 600 675 725

Fredericton - 650 700 825 1,039

Bathurst - 325 474 580 650

Campbellton - 450 490 550 --

Edmundston - 400 400 525 595

Miramichi - -- 510 615 --

Québec Saguenay North Sector 350 410 510 585

Chicoutimi-Sud 440 420 550 675

Jonquière 400 465 550 650

La Baie -- 420 470 500

Total 400 435 535 605

Montréal Downtown Montréal/Îles- des-Soeurs 800 974 1,229 1,190

Sud-Ouest/Verdun 600 645 680 900

LaSalle -- 600 710 --

ND-de-Grâce/Ct-St-Luc etc. 568 725 900 1,087

Ct-des-Neiges/Mt-Royal/Outremont 539 704 875 1,000

Plateau-Mont-Royal 640 750 870 1,300

3

Page 4: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Villeray/St-Michel/Pc-Extension 500 540 635 781

Hochelaga-Maisonneuve 498 580 675 900

Rosemont/La Petite-Patrie 515 600 715 --

Anjou/Saint-Léonard 450 525 680 870

Montréal-Nord 500 550 640 775

Ahuntsic/Cartierville 455 595 700 --

Saint-Laurent 630 700 801 850

Dorval/Lachine/Saint-Pierre 560 625 700 850

Baie-d'Urfé/Beaconsfield etc. 625 900 925 870

Sainte-Geneviève/Senneville etc. 540 675 750 830

Mercier 530 582 700 875

Pte-aux-Trembles/Montréal-E etc. 500 586 675 770

Chomedey/Sainte-Dorothée 550 665 750 875

Laval-des-Rapides 515 600 700 760

Pont-Viau 680 650 660 750

St-François/St-Vincent/Duvernay 485 650 670 728

Vimont/Auteuil 490 578 710 810

Laval-Ouest/Fabreville/Ste-Rose 570 580 720 850

Mirabel/Oka/Pointe-Calumet etc. 525 610 694 875

Blainville/Ste-Thérèse etc. 550 600 705 820

Mascouche/Terrebonne etc. 540 650 750 900

L'Assomption/Lavaltrie etc. 545 566 700 810

St-Jérôme/Gore/St-Colomban etc. 505 560 650 800

Longueuil 485 613 713 788

Boucherville/Brossard etc. 485 645 725 900

Beauharnois/La Prairie/Léry etc. 535 640 720 800

Beloeil/McMasterville etc. 500 650 720 850

Carignan/Chambly/St-Mathias etc. -- 565 750 795

ND-de-L'île-Perrot/Pincourt etc. 550 575 760 835

Saint-Jean 465 525 645 685

Iberville -- 485 610 700

4

Page 5: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Saint-Luc -- -- 680 740

Saint-Lin–Laurentides V -- -- 615 695

Total 533 615 700 850

Gatineau Hull 530 650 795 899

Aylmer 600 725 950 1,100

Gatineau 525 600 710 825

Peripheral -- 400 595 790

Total 539 635 750 855

Québec Haute-Ville 530 685 845 975

Basse-Ville 510 566 660 785

Sainte-Foy-Sillery 545 670 845 900

Les Rivières 495 635 768 852

Beauport 462 587 690 795

Charlesbourg 470 625 730 820

Haute-Saint-Charles 500 642 761 840

Val-Bélair-L'Ancienne-Lorette 450 610 755 885

Saint-Augustin-Cap-Rouge 540 730 815 932

Northern Surrounding Area -- 550 630 750

South Shore West -- 632 700 910

South Shore Centre 525 612 715 825

South Shore East 461 550 714 785

Total 520 625 735 847

Sherbrooke East District 368 460 570 685

Central District 400 478 550 665

Mont-Bellevue 430 450 565 630

North District 428 530 635 780

Brompton -- 450 555 690

Rock-Forest–St-Elie–Deauville -- 500 643 730

Magog 375 435 581 668

Fleurimont 605 500 600 765

Lennoxville 425 500 590 700

5

Page 6: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Remainder of CMA -- -- 540 850

Total 415 480 590 700

Trois-Rivières Downtown 340 405 460 515

UQTR Sector 375 450 503 635

North Sector 345 485 575 570

Trois-Rivières-Ouest 385 449 585 600

Pointe-du-Lac/Yamachiche -- 440 625 710

Cap-de-la-Madeleine 360 430 508 550

St-Louis/Champlain/St-Maurice/Ste-Marthe -- -- -- 780

Bécancour -- 388 600 545

Total 360 435 525 575

Drummondville - 400 456 550 670

Granby - 415 480 575 755

Rimouski - 436 500 625 700

Saint-Hyacinthe - 435 485 600 685

Shawinigan - 300 380 410 450

Amos V - 450 480 600 665

Gaspé V - 385 465 550 560

La Tuque V - 340 360 408 468

Les Îles-de-la-Madeleine MÉ - 450 525 600 720

Marieville V - 435 500 620 675

Montmagny V - 370 430 525 545

Mont-Laurier V - 370 415 520 600

Prévost V - -- 490 771 850

Rawdon MÉ - 380 451 570 --

Roberval V - -- 390 465 560

Sainte-Adèle V - 450 530 645 685

Sainte-Agathe-des-Monts V - 415 500 605 715

Sainte-Sophie MÉ - -- -- 700 985

Saint-Félicien V - 350 400 497 550

Saint-Raymond V - -- 385 460 520

6

Page 7: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Saint-Sauveur V - -- 920 -- 860

Alma - 360 400 475 515

Baie-Comeau - 390 500 565 650

Cowansville - 404 445 550 610

Dolbeau-Mistassini - 310 340 425 440

Hawkesbury - 450 550 600 --

Joliette - 475 495 605 665

Lachute - 430 480 565 660

Matane - 395 450 535 570

Rivière-du-Loup - 365 420 560 610

Rouyn-Noranda - 420 475 600 675

Saint-Georges - 355 410 510 525

Sainte-Marie - 300 440 570 635

Sept-Îles - 425 540 635 745

Sorel-Tracy - 360 450 513 615

Thetford Mines - 350 360 400 450

Val-d'Or - 400 470 600 675

Salaberry-de-Valleyfield - 450 495 600 635

Victoriaville - 355 413 510 600

Ontario Barrie Barrie 725 1,000 1,200 1,400

Total 725 1,000 1,200 1,400

Belleville City of Belleville 700 830 975 1,090

City of Quinte West -- 700 869 850

Total 700 800 925 1,025

Brantford Brantford 650 850 875 975

Total 650 850 875 975

Guelph West 730 1,007 1,088 1,200

South 750 1,001 1,150 1,400

East 850 860 972 1,025

Guelph/Eramosa and Puslinch -- -- -- --

Total 750 1,000 1,086 1,200

7

Page 8: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Hamilton Downtown Core 750 891 1,033 1,300

Central East 510 720 850 972

East End 931 907 1,011 1,205

Central 600 763 1,000 1,182

West End 909 989 1,155 1,406

Mountain 804 896 1,048 1,215

Grimsby and Stoney Creek 669 825 1,059 1,098

Burlington 908 1,179 1,284 1,400

Ancast./Dundas/Flambor./Glanbrk. -- 1,019 1,094 --

Total 723 900 1,065 1,217

Kingston Downtown Kingston 712 851 1,000 1,530

Southwestern Kingston 738 900 1,039 1,200

Northern Kingston 650 940 1,046 1,150

Remainder of CMA 608 950 1,339 1,154

Total 701 900 1,069 1,358

Kitchener - Cambridge - Waterloo Kitchener East 672 853 1,008 1,234

Kitchener Central 712 829 1,012 1,350

Kitchener West 719 907 1,060 1,100

Waterloo 1,067 900 1,072 1,210

Cambridge 680 872 974 975

Three Townships 650 839 799 987

Total 700 874 1,013 1,140

London Downtown North 595 756 1,002 --

Northeast 623 762 865 1,057

North -- 844 999 1,600

Northwest 683 895 1,062 1,179

Southwest 699 819 957 1,055

Central South -- 740 915 1,083

South 674 810 917 1,150

East -- 711 793 775

St. Thomas 470 645 774 --

8

Page 9: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Strathroy-Caradoc -- 769 800 --

Remainder of CMA -- -- 800 --

Total 606 800 922 1,076

St. Catharines - Niagara St. Catharines (Core) 575 850 1,032 1,061

St. Catharines (Remainder North) 780 890 1,021 1,090

St. Catharines (Remainder South) -- 975 1,139 1,400

Niagara Falls (Core) 600 800 900 1,036

Niagara Falls (Remainder) 550 850 923 875

Welland -- 762 870 870

Remainder of CMA 650 724 965 1,051

Fort Erie -- 607 712 --

Total 575 826 963 986

Oshawa Oshawa (North) 800 1,050 1,150 1,262

Oshawa (South/Central) 750 989 1,111 1,300

Whitby 900 1,085 1,125 1,229

Clarington -- 975 1,100 1,425

Total 800 1,014 1,130 1,276

Ottawa Downtown 800 1,100 1,550 1,578

Sandy Hill/Lowertown 850 1,094 1,375 1,900

Glebe/Old Ottawa South 826 1,100 1,419 --

Alta Vista 831 1,004 1,180 1,499

Carlington/Iris 824 975 1,100 1,369

Chinatown/Hintonburg/Westboro N 875 1,100 1,383 1,820

New Edinb./Manor Park/Overbrook 830 997 1,200 --

Westboro S/Hampton Pk/Britannia 869 980 1,170 1,300

Hunt Club/South Keys -- 948 1,100 --

Vanier 700 850 1,000 --

Gloucester North/Orleans 844 975 1,200 1,295

Eastern Ottawa Surrounding Areas -- 800 975 --

Nepean 965 1,040 1,217 1,379

Western Ottawa Surrounding Areas -- 1,577 1,800 --

9

Page 10: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

North Grenville MU -- -- -- --

Total 847 1,003 1,190 1,400

Peterborough Downtown 724 850 991 1,200

Remainder of CMA 815 925 1,000 1,300

Total 742 868 1,000 1,282

Greater Sudbury Lockerby 690 925 1,123 1,262

New Sudbury 733 850 967 1,043

Old Sudbury 560 725 895 1,000

Remainder of CMA -- 650 850 990

Total 610 775 950 1,009

Thunder Bay North Ward 579 809 995 1,150

South Ward 680 745 895 1,075

Total 610 783 950 1,100

Toronto Toronto (Central) 1,050 1,435 1,865 --

Toronto (East) 760 1,131 1,319 1,644

Toronto (North) 1,094 1,326 1,686 2,019

Toronto (West) 800 1,100 1,302 --

Etobicoke (South) 809 1,000 1,118 --

Etobicoke (Central) 1,400 1,230 1,400 1,617

Etobicoke (North) 700 976 1,134 1,250

York 845 1,042 1,200 1,454

East York 839 1,049 1,250 1,500

Scarborough (Central) 911 1,030 1,158 1,239

Scarborough (North) 973 1,089 1,253 1,417

Scarborough (East) 850 1,057 1,181 1,300

North York (Southeast) 795 1,084 1,293 1,578

North York (Northeast) 1,252 1,302 1,456 1,579

North York (Southwest) 800 1,000 1,134 1,442

North York (N.Central) 961 1,239 1,375 1,566

North York (Northwest) 775 986 1,166 1,350

Mississauga (South) 906 1,095 1,243 1,246

10

Page 11: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Mississauga (Northwest) -- 1,300 1,464 1,487

Mississauga (Northeast) 825 1,153 1,292 1,440

Brampton (West) 788 1,035 1,212 1,252

Brampton (East) -- 1,292 1,402 1,472

Oakville 992 1,226 1,374 1,656

Caledon -- -- -- --

Richmond Hill/Vaughan/King 830 1,097 1,227 1,350

Aurora, Newmkt, Whit-St. 750 1,100 1,200 1,400

Markham 810 1,220 1,353 1,438

Pickering/Ajax/Uxbridge 700 899 1,010 1,415

Milton/Halton Hills 750 950 1,150 1,600

Orangeville/Mono -- 900 1,130 1,375

Bradford/West Gwillimbury/New Tecumseth -- 1,000 1,067 1,200

Total 903 1,117 1,274 1,441

Windsor Centre 500 700 825 --

East Inner 569 750 800 1,300

East Outer 650 801 850 1,088

West 600 700 845 --

Amherstburg -- 750 -- --

Remainder of CMA -- 875 925 --

Total 600 725 850 875

Chatham-Kent - 524 670 800 700

Cornwall - 552 630 785 819

Kawartha Lakes - 700 815 1,200 --

Norfolk - 550 673 650 --

North Bay - 650 720 906 1,000

Sarnia - 694 750 862 1,048

Sault Ste. Marie - 565 640 825 800

Bracebridge T - -- 850 1,101 --

Brighton MU - -- -- 850 --

Brock TP - -- 850 1,050 --

11

Page 12: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Trent Hills MU - -- -- -- --

Erin T - -- -- -- --

Essex T - -- -- 790 --

Haldimand County CY - -- 750 750 --

Gravenhurst T - -- 800 933 1,100

Greater Napanee T - 550 675 850 900

Huntsville T - 750 860 1,000 --

Kincardine MU - -- 850 900 --

Lambton Shores MU - -- -- 823 --

Meaford MU - -- 689 800 --

North Perth MU - 550 700 800 919

Prince Edward County CY - -- 700 700 --

Saugeen Shores T - -- 700 890 1,021

South Huron MU - -- 560 625 --

South Dundas MU - -- 478 550 585

Scugog TP - -- 750 850 --

The Nation / La Nation M - -- 650 -- --

West Nipissing / Nipissing Oue - 500 650 700 --

West Grey MU - -- 585 685 --

Arnprior - -- 675 800 --

Brockville - 570 695 844 900

Carleton Place - -- 800 850 --

Centre Wellington - -- 829 1,066 --

Cobourg - -- 675 1,000 1,270

Collingwood - 650 900 1,014 --

Elliot Lake - 600 536 581 650

Hawkesbury - 530 570 685 --

Ingersoll - -- 700 815 --

Kenora - 600 800 950 --

Leamington - -- 784 900 --

Midland - -- 750 900 1,100

12

Page 13: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Orillia - 600 900 965 --

Owen Sound - 587 712 850 930

Pembroke - 540 673 840 --

Petawawa - -- 600 738 850

Port Hope - 1,000 1,100 1,200 1,426

Stratford - 525 732 875 1,039

Tillsonburg - 600 750 896 --

Timmins - 550 725 850 1,000

Woodstock - -- 875 1,000 933

Manitoba Winnipeg Fort Rouge 693 871 1,075 1,237

Centennial 651 797 988 1,045

Midland 604 723 890 1,193

Lord Selkirk 450 576 746 --

St. James 748 925 1,077 1,275

West Kildonan 562 903 1,037 1,128

East Kildonan 673 856 1,005 1,495

Transcona -- 870 976 --

St. Boniface 689 824 1,109 1,277

St. Vital 857 943 1,100 1,377

Fort Garry 782 992 1,125 1,400

Assiniboine Park 770 1,017 1,200 2,045

Outlying Areas -- -- 1,671 --

Total 650 849 1,055 1,319

Brandon - 493 625 795 1,125

Hanover RM - -- -- 702 995

Selkirk CY - 524 747 1,025 1,567

Portage la Prairie - 520 603 750 743

Steinbach - 495 625 761 950

Thompson - 723 761 828 1,125

Winkler - -- 537 675 700

13

Page 14: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Saskatchewan Regina Central 600 766 1,010 -

South: Lakeview/Albert Park 734 900 973 1,100

South: Wascana University 690 875 1,060 --

East -- 875 1,004 1,114

West 550 800 900 1,025

Northeast 650 813 903 --

Northwest -- 1,070 1,194 1,300

Outlying Areas -- -- -- --

Total 625 825 975 1,114

Saskatoon Central 675 850 1,150 1,500

South 600 775 975 1,200

Southeast 650 800 950 1,449

Northeast 650 850 1,150 1,424

North 600 850 1,000 --

Southwest 675 850 950 1,100

West 782 900 1,050 1,244

Outlying Areas -- -- 1,040 1,125

Total 650 825 994 1,125

Estevan - 400 700 800 900

Lloydminster - 550 700 942 1,250

Moose Jaw - 500 650 825 --

North Battleford - 545 665 850 845

Prince Albert - 625 750 795 846

Swift Current - 500 650 750 975

Weyburn - 525 580 750 900

Yorkton - 600 770 850 950

Alberta Calgary Downtown 913 975 1,200 1,400

Beltline 800 934 1,200 1,500

North Hill 723 850 1,050 1,100

Southwest 725 920 1,125 1,050

Southeast -- 1,024 1,117 910

14

Page 15: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Northwest 800 950 1,070 1,050

Northeast -- 980 1,189 1,175

Chinook 855 928 1,150 1,200

Fish Creek 895 984 1,130 1,125

Other Centres 675 1,075 1,300 1,050

Total 800 950 1,150 1,050

Edmonton Downtown 850 950 1,269 1,380

Hudson's Bay Reserve 699 825 1,000 1,100

University 850 900 1,130 1,200

West Central 675 850 1,000 1,320

Jasper Place 745 845 995 1,095

West Jasper Place 800 1,049 1,249 1,399

South West 911 1,089 1,239 1,385

East Central 775 850 1,000 1,100

Millwoods 825 995 1,199 1,395

North Central 625 800 925 1,145

North East 894 925 1,143 1,289

Castledown 925 1,025 1,219 1,409

St. Albert -- 990 1,295 1,419

Other Outlying Areas -- 850 975 1,150

Fort Saskatchewan 623 895 1,013 --

Leduc 795 963 1,094 1,275

Spruce Grove -- 1,069 1,189 1,050

Stony Plain -- 900 1,019 1,300

Strathcona County -- 1,165 1,325 1,250

Total 785 900 1,139 1,300

Lethbridge Lethbridge 650 870 950 1,075

Total 650 870 950 1,075

Grande Prairie - 771 900 1,043 1,100

Medicine Hat - 600 695 780 950

Red Deer - 661 750 875 995

15

Page 16: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Wood Buffalo - 900 1,100 1,326 1,595

Bonnyville No. 87 MD - -- -- -- --

Grande Prairie County No. 1 MD - -- -- -- --

Mackenzie County SM - -- -- -- --

Red Deer County MD - -- -- -- --

Whitecourt T - 550 800 950 1,150

Brooks - 600 720 790 800

Camrose - 700 750 900 900

Canmore - -- 968 1,486 --

Cold Lake - -- 885 1,003 900

High River - -- 850 950 1,000

Lacombe - 650 675 800 950

Lloydminster - 600 745 883 1,155

Okotoks - -- -- -- 1,030

Strathmore - -- -- 900 1,050

Sylvan Lake - -- 800 865 900

Wetaskiwin - 675 700 875 --

British Columbia Abbotsford - Mission Abbotsford 691 825 982 1,200

Mission -- 728 855 --

Total 691 808 967 1,200

Kelowna Core Area 945 945 1,225 1,350

Rutland 850 820 937 --

Total 939 938 1,196 1,378

Vancouver West End/Stanley Park 1,131 1,400 1,975 --

English Bay 1,200 1,525 1,962 --

Downtown 1,183 1,445 2,200 3,200

South Granville/Oak 1,025 1,316 1,750 2,030

Kitsilano/Point Grey 1,157 1,450 1,850 2,800

Westside/Kerrisdale 1,010 1,290 1,995 2,750

Marpole 880 1,000 1,300 1,474

Mount Pleasant/Renfrew Heights 1,025 1,087 1,500 --

16

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Advancing Affordable Housing Solutions

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

East Hastings 1,025 1,075 1,348 1,414

Southeast Vancouver 951 1,100 1,522 1,455

University Endowment Lands 1,300 1,678 2,173 2,816

Central Park/Metrotown 988 1,075 1,350 1,699

Southeast Burnaby 810 965 1,150 1,350

North Burnaby 875 1,134 1,405 1,675

New Westminster 873 1,013 1,317 1,575

North Vancouver CY 1,040 1,250 1,500 --

North Vancouver DM 1,102 1,377 1,650 1,761

West Vancouver 1,310 1,650 2,300 3,400

Richmond 977 1,132 1,389 1,750

Delta 725 915 1,190 --

Surrey 800 900 1,062 1,248

White Rock 850 975 1,194 --

Langley City and Langley DM 820 1,050 1,345 --

Tri-Cities 790 975 1,275 1,380

Maple Ridge/Pitt Meadows -- 798 1,150 1,600

Total 1,012 1,150 1,399 1,470

Victoria Cook St. Area 825 977 1,247 1,488

Fort St. Area 800 943 1,209 1,348

James Bay Area 825 999 1,330 1,807

Remainder of City 820 941 1,230 1,560

Saanich/Central Saanich 848 963 1,268 2,000

Esquimalt 754 894 1,055 1,269

Langford/Vw Royal/Colwood/Sooke 800 1,155 1,470 1,639

Oak Bay 828 933 1,204 --

Sidney -- 1,006 1,327 --

Total 816 954 1,230 1,551

Chilliwack - 650 735 950 --

Courtenay - 560 750 905 751

Kamloops - 706 800 948 994

Nanaimo - 731 820 1,010 1,188

17

Page 18: ADVANCING AFFORDABLE HOUSING SOLUTIONS · 2020. 7. 10. · production of affordable housing through partnerships, check our website at or call CMHC’s toll free information line

Advancing Affordable Housing Solutions

cmhc.ca/multi-unit 1-877 Multi GO

The terms and conditions herein are in addition to and subject to CMHC’s mortgage insurance standard terms and conditions and underwriting policies, unless specifically specified otherwise. The terms and conditions may change at any time. © 2020, Canada Mortgage and Housing Corporation.

2020

0428

-004

Affordability Criteria

Province City Region Bachelor1

Bedroom2

Bedroom3+

Bedroom

Prince George - 600 715 870 913

Vernon - 650 775 950 1,000

Capital F RDA - -- -- -- --

Sechelt DM - -- -- -- --

Summerland DM - -- -- -- --

Campbell River - 675 750 900 1,100

Cranbrook - 550 697 800 950

Dawson Creek - 600 750 915 1,159

Duncan - 595 700 850 1,100

Fort St. John - 610 665 875 985

Nelson - 605 700 949 --

Parksville - 555 705 793 975

Penticton - 670 799 927 1,618

Port Alberni - 600 600 782 715

Powell River - 520 680 780 900

Prince Rupert - 550 700 790 700

Quesnel - 450 600 675 750

Salmon Arm - -- 720 900 --

Squamish - -- 1,000 1,035 --

Terrace - -- 725 913 1,125

Williams Lake - -- 650 745 956

Yukon Whitehorse - -- -- -- --

Northwest Territories Yellowknife - 1,158 1,458 1,635 1,850