Last month, Temagami North was Canada’s 4144th priciest – this month at number 4144 it’s gained 324 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.
The $127,200 price tag on the median Temagami North home means that it is very cheap in comparison to the rest of the nation.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Oct this neighbourhood’s most common listing the same as the national average.
Ontario has the third most amount of properties available to property investors, with Temagami North having 1082th most in the province, out of a total of 1227.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Temagami North will hopefully provide an indicator to help you where to research in-depth
In Temagami North, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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.
As one of Ontario’s many potential real estate investment neighbourhoods, Temagami North 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.