Across the country as a whole, Toronto is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
In Apr the median listed house price of $769,000 in Toronto was an impressive compared to the rest of Ontario.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Apr this neighbourhood’s most common listing has properties with fewer bedrooms.
According to our stats, Toronto is the neighbourhood that has the 2nd most properties available to real estate investors in Ontario.
It’s never an exact art, but to try to forecast how property is going to appreciate in Toronto for investors, it’s important to look at data like:
In Toronto, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
Toronto was Canada’s 36th most expensive suburb by listed median house price this month.
The $399,900 price tag on the median Toronto home means that it is quite highly priced by Canadian standards.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Toronto will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Toronto, 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.