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TorontoToronto - SUBURB PROFILE REPORT
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The suburb’s capital gain of 7.78% for the past year is higher than average compared to its 31.44% growth within a five-year period.
Also in TORONTO, the median home price is sitting at $485,000, and the average rent at $400, this suggests property owners could potentially earn a 4.29% increase in gross rental yield.
Property investors have seen a 0% gain in TORONTO based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.67% growth over a ten-year period. It ranks 1709th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $485,000 | $500,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 6.38% |
| Median 12 month | 7.78% | 8.11% |
| Median 3 years | 11.49% | -0.99% |
| Median 5 years | 31.44% | 19.76% |
| 10 years average annual | 4.67% | 7% |
| Weekly media advert. rent | $400 | $360 |
| Time on Market | 61.0 days | 125.3 days |
| Gross Rental Yield Percent | 4.29% | 3.74% |
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