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.
Middlesex Centre Home Price
Middlesex Centre was Canada’s 490th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $474,900 in Middlesex Centre was an impressive compared to the rest of Ontario.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
This month we track 516th neighbourhoods in Ontario, and Middlesex Centre has the 516th most choice available for real estate investors.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Middlesex Centre will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
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.
It’s never an exact art, but to try to forecast how property is going to appreciate in Middlesex Centre for investors, it’s important to look at data like:
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 Middlesex Centre have stayed pretty much the same which would tend to indicate that demand is steady.
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