Want a cheaply priced house? Then at $224,000 this month, Summerstown Station, Ontario is somewhere that you should look at price wise.
Ontario has the second most amount of properties available to property investors, with Summerstown Station having 1043th most in the province, out of a total of 1197.
As one of Ontario’s many potential real estate investment neighbourhoods, Summerstown Station 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.
Is Summerstown Station a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
If you are looking at investment properties in Summerstown Station, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.