While the median for Ontario is $349,900 , which means that Kearns’s median price is $73,900 a lot lower than the rest of the province.
According to our stats, Kearns is the neighbourhood that has the 861th 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 Kearns will hopefully provide an indicator to help you where to research in-depth
Over the last three months in Kearns, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.
As one of Ontario’s many potential real estate investment neighbourhoods, Kearns 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.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.