When looking across the province, Elk Lake is the 919th most expensive in Ontario.
The median house price listed in Elk Lake this month is $199,900.
If you’re looking at investment properties in Elk Lake, then you’re most likely to find homes with 3 bedrooms on sale this month.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Elk Lake has a pretty average amount compared to the rest of the province
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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Elk Lake there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
Is Elk Lake a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.