Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Kendal Home Price
Canada’s national median home listing price this month is $322,000, which means that Kendal is in the bottom 40% for Canada.
The median house price listed in Kendal this month is $184,200.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Apr this neighbourhood’s most common listing the same as the national average.
From our data, it appears that neighbourhood is number 3618th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
It’s never an exact art, but to try to forecast how property is going to appreciate in Kendal for investors, it’s important to look at data like:
Is Kendal a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
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.
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