# Cardiologist Salary in Toronto, Canada

> Median Cardiologist salary in Toronto, Canada is C$349.8K per year. Compare P10–P90 salary bands by experience, take-home pay and a five-year outlook.

- Canonical URL: https://www.spotsalary.com/salary/cardiologist/toronto-ca-1124279679
- Currency: CAD
- Benchmark year: 2026
- Confidence: 85%
- Outlook: Growing
- Last updated: 2026-10-29T19:45:09+00:00
- Generated by: SpotSalary

## Key facts

- Median (mid-level) annual salary: **C$349.8K** (C$29,154 per month before tax).
- Middle 50% range (P25–P75): C$299.6K – C$953.7K.
- Full range (P10–P90): C$299.6K – C$1M.
- Experience band: 3–5 years.

## Salary by experience level

| Level | Experience | P10 | P25 | Median | P75 | P90 | Base / Bonus / Equity |
| --- | --- | ---: | ---: | ---: | ---: | ---: | --- |
| Entry | 0–2 yrs | C$159.2K | C$193.3K | C$227.4K | C$261.5K | C$307K | 95% / 5% / 0% |
| Mid | 3–5 yrs | C$299.6K | C$299.6K | C$349.8K | C$953.7K | C$1M | 88% / 8% / 4% |
| Senior | 6–9 yrs | C$374.9K | C$455.2K | C$535.6K | C$615.9K | C$723K | 80% / 10% / 10% |
| Executive | 10–15 yrs | C$636.2K | C$772.5K | C$908.8K | C$1M | C$1.2M | 65% / 15% / 20% |

## Take-home pay

Tax method: progressive brackets.

| Level | Gross | Tax | Effective rate | Net annual | Net monthly |
| --- | ---: | ---: | ---: | ---: | ---: |
| Entry | C$227,402 | C$46,589 | 20.5% | C$180,813 | C$15,068 |
| Mid | C$349,849 | C$85,328 | 24.4% | C$264,521 | C$22,043 |
| Senior | C$535,567 | C$146,615 | 27.4% | C$388,952 | C$32,413 |
| Executive | C$908,841 | C$269,795 | 29.7% | C$639,046 | C$53,254 |

Social contributions and local levies are not included.

## Five-year salary outlook

Outlook: Growing. Inflation assumption: 2.5%/year. Real growth: 3.7%/year.

| Year | P25 | Base (P50) | P75 | Nominal change vs today |
| --- | ---: | ---: | ---: | ---: |
| 2027 | C$337.9K | C$361K | C$384.2K | 3.2% |
| 2029 | C$356.8K | C$384.5K | C$412.2K | 9.9% |
| 2031 | C$376.8K | C$409.5K | C$442.3K | 17.1% |

## What moves this number

- **Inflation (CPI)** (steady): 2.5% annual price growth
- **Wage growth** (up): 3.2% nominal wage trend
- **Role demand trend** (up): 2.0% annual role demand
- **Hiring demand** (steady): Demand index 54/100
- **Automation exposure** (steady): 10% exposure
- **Real wage growth** (up): 0.7% after 2.5% inflation
- **Scenario growth** (up): 3.2% modelled nominal growth
- **Researched salary growth** (up): 3.2% expected annual salary growth

## Frequently asked questions

### 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.

## Methodology and sources

SpotSalary anchors estimates to external market signals (GDP per capita PPP, inflation, wage growth, cost of living, demand and automation exposure) and synthesises them with AI. Deterministic validation rejects implausible outputs. Figures are modelled estimates for guidance only, not offers.

Sources:
- www.glassdoor.com — https://www.glassdoor.com/Salaries/cardiologist-salary-SRCH_IM976_KO0,12.htm#1 (reported data)
- www.payscale.com — https://www.payscale.com/research/CA/Job=Physician_%2F_Doctor%2C_Cardiologist/Salary/638ed88b/Toronto-ON (reported data)
- www.salaryexpert.com — https://www.salaryexpert.com/salary/job/physician-cardiologist-invasive/canada/ontario/toronto (reported data)
- www1.salary.com — https://www1.salary.com/Salaries-for-cardiologist-invasive-with-a-JD-MD-PhD-or-Equivalent (reported data)

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Source: https://www.spotsalary.com/salary/cardiologist/toronto-ca-1124279679 · SpotSalary