Canada’s national median home listing price this month is $319,900, which means that Millbank is in the top 20% for Canada.
The $444,900 price tag on the median Millbank home means that it is quite highly priced by Canadian standards.
According to our stats, Millbank is the neighbourhood that has the 1038th most properties available to real estate investors in Ontario.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Millbank will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Millbank, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
When we look at the data we have, it can help with trying to establish whether or not Millbank is a good investment target.
If you are looking at investment properties in Millbank, 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.