When looking across the province, Rondeau Park is the 1052th most expensive in Ontario.
With Rondeau Park’s median house price at $149,500 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Ontario.
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.
According to our stats, Rondeau Park 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 Rondeau Park 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.
As one of Ontario’s many potential real estate investment neighbourhoods, Rondeau Park 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Rondeau Park there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.