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Housing and jobs

Housing costs, rents, incomes and jobs in North Shore, with comparisons and sources.

Affordability

42 · Average
Average monthly rent$1,100/month

PE: $996/month · Canada: $1,209/month · 2006: $579/month (estimated) · 2016: $824/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$984/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,066/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,354/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,548/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$348,000

PE: $300,000 · Canada: $472,000 · 2016: $218,693 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing9.3%

PE: 15.5% · Canada: 20.9% · 2006: 14.9% (estimated) · 2016: 13.2% (estimated) · Statistics Canada, 2021

Economy

74 · Good
Median household income$98,000

PE: $73,500 · Canada: $84,000 · 2006: $72,832 (estimated) · 2016: $85,991 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)16.2%

PE: 8% · Canada: 5.2% · Statistics Canada, 2021

Unemployment rate7.9%

PE: 10.3% · Canada: 10.3% · 2006: 11.1% (estimated) · 2016: 12.6% (estimated) · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.