With a median listing price of $299,900, Algoma Mills is Canada’s 1425th most expensive when ordered by median listing price.
In Aug the median listed house price of $299,900 in Algoma Mills was an above average compared to the rest of Ontario.
From our data, it appears that neighbourhood is number 2904th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
As one of Ontario’s many potential real estate investment neighbourhoods, Algoma Mills needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Algoma Mills have stayed pretty much the same which would tend to indicate that demand is steady.