Search salaries Cardiologist · Toronto, Canada Change
City · CAD · 2026Cardiologist Salary in Toronto, Canada
Your earning potential as a Cardiologist in Toronto, Canada
In Toronto, Canada, pay for this role varies with experience, company and the responsibilities you take on.
Estimated mid-level pay centres around C$349.8K a year — about C$29,154 a month before tax.
The benchmark spans C$193.3K at entry level to C$1M at executive level annually. Compare the experience breakdown below with roles similar to yours.
Market outlook: Growing. Provincial outlooks are generally good to very good amid specialist shortages, retirements and an aging population, supporting modest annual demand growth with low automation exposure and nominal pay gains slightly above inflation. Your next step will also depend on the skills and responsibilities required by the roles you pursue.
Mid-level equivalent: ≈ $257,242/year ($21,437/month) at 1.36 CAD/USD.
2026 estimates · Based on 7 salary observations across 4 sources.
Salary by experience level
| Level | Experience | P25 | Median | P75 | P10 – P90 |
|---|---|---|---|---|---|
| entry | 0–2 yrs | C$193.3K |
C$227.4K
≈ $167,207
|
C$261.5K | C$159.2K – C$307K |
| mid | 3–5 yrs | C$299.6K |
C$349.8K
≈ $257,242
|
C$953.7K | C$299.6K – C$1M |
| senior | 6–9 yrs | C$455.2K |
C$535.6K
≈ $393,799
|
C$615.9K | C$374.9K – C$723K |
| executive | 10–15 yrs | C$772.5K |
C$908.8K
≈ $668,265
|
C$1M | C$636.2K – C$1.2M |
Five-year salary trend
Provincial outlooks are generally good to very good amid specialist shortages, retirements and an aging population, supporting modest annual demand growth with low automation exposure and nominal pay gains slightly above inflation.
What moves this number
What lands in your account
| Level | Gross | Tax | Effective | Net annual | Net monthly |
|---|---|---|---|---|---|
| entry | C$227.4K | C$46.6K | 20.5% | C$180.8K | C$15.1K |
| mid | C$349.8K | C$85.3K | 24.4% | C$264.5K | C$22K |
| senior | C$535.6K | C$146.6K | 27.4% | C$389K | C$32.4K |
| executive | C$908.8K | C$269.8K | 29.7% | C$639K | C$53.3K |
Progressive income tax · standard deduction C$15.7K. Social contributions and local levies are not included.
What renting costs in Toronto, Canada
Monthly rent benchmarks · Published averages, medians or typical ranges.
Researching local rent benchmarks. You can keep reading while we check sources.
| Housing type | Pricing basis | Monthly rent | Share of salary |
|---|---|---|---|
| 1 BHK | Whole 1-bedroom apartment | Unavailable | — |
| 2 BHK | Whole 2-bedroom apartment | Unavailable | — |
| 3 BHK | Whole 3-bedroom apartment | Unavailable | — |
| Independent House | Whole 2-bedroom independent house | Unavailable | — |
| PG | Per person in a shared room | Unavailable | — |
Rent shares use estimated mid-level take-home pay of C$22,043/month. Each figure keeps its source’s pricing basis and included services. Deposits are separate. Ranges are shown as published, without an invented midpoint. Actual rent varies by neighbourhood and property.
What to ask for
Based on market data for Cardiologist in Toronto, Canada, the median is C$349.8K and the 75th percentile is C$953.7K. I am targeting C$1M, which reflects my experience and the scope of the role.
Also negotiable sign-on bonus, equity, remote or hybrid flexibility, learning budget and additional leave
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El SalvadorCardiologist salary in Toronto, Canada — FAQ
What is the average salary of a Cardiologist in Toronto, Canada?
SpotSalary models a median annual salary of C$349.8K for a Cardiologist in Toronto, Canada, or about C$29,154 per month before tax. The middle 50% of the estimate ranges from C$299.6K to C$953.7K, with a full P10–P90 range of C$299.6K to C$1M. This is a modelled estimate, not a job offer.
How much does an entry-level Cardiologist earn in Toronto, Canada?
The entry-level band for a Cardiologist in Toronto, Canada centres on C$227.4K per year (P25–P75: C$193.3K–C$261.5K). Entry-level pay typically covers the first 2 years of experience and depends on company size, skills and responsibilities.
How much does a senior or executive Cardiologist earn in Toronto, Canada?
The executive band for a Cardiologist in Toronto, Canada has a median of C$908.8K per year and a P75 of C$1M. Senior and executive packages often include a larger bonus and equity component; this benchmark shows the total-compensation split for each level.
What is the salary outlook for a Cardiologist in Toronto, Canada?
The outlook is growing. In the base scenario, median pay reaches C$409.5K by 2031, about 17.1% above today before inflation and 3.7% per year in real terms after 2.5% inflation. Scenario bands widen over time and are not guarantees.
What is the take-home pay for a Cardiologist in Toronto, Canada?
After an effective income tax rate of 24.4%, the mid-level Cardiologist in Toronto, Canada takes home about C$264,521 per year, or C$22,043 per month. The estimate uses imported national tax brackets and does not include social contributions or local levies.
How does SpotSalary calculate these salary estimates?
Estimates are anchored to external market signals — GDP per capita PPP, inflation, wage growth, cost of living, demand and automation exposure — and synthesised with AI. Deterministic validation rejects implausible outputs. This report carries 85% confidence and draws on 7 salary observations.
What this benchmark is built on
SpotSalary anchors each estimate to external market signals, then synthesises the gap with AI. Deterministic validation rejects implausible outputs. Source names and data tiers are listed here; the full methodology is on the method page.
Based on 7 salary observations across 4 sources.
Based on 7 salary observations.
- www.glassdoor.com · reported data
- www.payscale.com · reported data
- www.salaryexpert.com · reported data
- www1.salary.com · reported data
What should you ask for?
Add your experience, current salary and skills to get a personal market value, your percentile, and a gap analysis — tracked over time.
Open the analyzerBenchmarks are constrained by market signals and validated for plausibility. Forecasts use inflation, wage growth, demand and automation, with scenario bands that widen over time.
Read how the estimate is built or download this report as Markdown / JSON.