Policy2.25%Prime4.45%5Y posted6.09%
BOC · Official series

V105 CITY PROFILE · PE

Charlottetown

Balanced/mixed · baseline updated February 2026.
Market trends →
Benchmark price$385,000 2.8%
Average 2BR rent$1,3001.6% vacancy
Estimated mortgage$2,001/mobaseline assumption
Population78.9K2021 census baseline

Market scores

Affordability89

Relative purchasing accessibility compared with local incomes.

Rental competition81

Higher scores indicate a tighter rental market.

Investment potential71

Composite yield, growth and market-balance signal.

New construction0

Recent housing construction and permit momentum.

Market activity70

Price movement and buyer-activity conditions.

Buyer demand87

Population, migration and housing-demand pressure.

Housing supply92

How closely housing supply is keeping pace with demand.

Overall score76

Combined market, affordability, supply and demand rating.

Housing economics

Price-to-rent ratio
24.68
Gross rent yield
4.05%
Payment-to-rent ratio
1.54×
Building permits
N/A
Stress-test rate
8.09%
Historical payment median
$2,265