When looking across the province, Thessalon is the 1076th most expensive in Ontario.
When our research team crunched the numbers we calculated that Thessalon has a median home price of $138,700.
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.
Ontario has the most amount of properties available to property investors, with Thessalon having 224th most in the province, out of a total of 1145.
Can we guarantee how well Thessalon is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
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.
Across the country as a whole, Thessalon is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.
When our research team crunched the numbers we calculated that Thessalon has a median home price of $189,950.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are 196 neighbourhoods that have more properties on sale than Thessalon at the moment in Ontario which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Thessalon will hopefully provide an indicator to help you where to research in-depth
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.