Inwood was Canada’s 4892th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $84,900 in Inwood was relatively low compared to the rest of Ontario.
From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Inwood will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.
When we look at the data we have, it can help with trying to establish whether or not Inwood is a good investment target.
If you are looking at investment properties in Inwood, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.