Across the country as a whole, Damascus is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Damascus, Ontario has a median house price of $417,400 when compiling all the home listings in May .
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Damascus has not many at all compared to the rest of the province
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Damascus will hopefully provide an indicator to help you where to research in-depth
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Damascus have stayed pretty much the same which would tend to indicate that demand is steady.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.