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The suburb’s capital gain of 7.14% for the past year is lower than average compared to its 52.54% growth within a five-year period.
Also in TORONTO, the median home price is sitting at $450,000, and the average rent at $372.5, this suggests property owners could potentially earn a 4.3% 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 5.57% growth over a ten-year period. It ranks 1409th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | $425,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 6.52% |
| Median 12 month | 7.14% | 4.17% |
| Median 3 years | 23.29% | 5.59% |
| Median 5 years | 52.54% | 12.44% |
| 10 years average annual | 5.57% | 3.37% |
| Weekly media advert. rent | $372.5 | $380 |
| Time on Market | 54.3 days | 85.3 days |
| Gross Rental Yield Percent | 4.3% | 4.65% |
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