Canada’s national median home listing price this month is $319,900, which means that Thornloe is in the top 40% for Canada.
In May the median listed house price of $324,500 in Thornloe was an above average compared to the rest of Ontario.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in May this neighbourhood’s most common listing the same as the national average.
Ontario has the most amount of properties available to property investors, with Thornloe having 1038th most in the province, out of a total of 1220.
Is Thornloe a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Over the last three months in Thornloe, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
When we look at the data we have, it can help with trying to establish whether or not Thornloe is a good investment target.
If you are looking at investment properties in Thornloe, 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.