Rent to Price Ratio in GTA / KWC

[Sarthak K.]

Hello Experts,

For multi-family (duplexes/Triplexes), what is a good rent to price ratio in the Kitchener/waterloo area or even the GTA? I have been reading about the some real estate rules that many experts say that the rent to price ratio should be atleast 1% for it to be considered as an investable property? But It seems next to impossible to find a property like with that rent/price in Ontario (especially KWC area). Thoughts?

Best Regards