Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Beaumaris Home Price
Canada’s national median home listing price this month is $290,900, which means that Beaumaris is in the top 20% for Canada.
With Beaumaris’s median house price at $4,722,500 in Aug , it is high priced compared to the rest of Ontario.
Beaumaris’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 12 bedrooms.
Across Ontario Beaumaris has the 990th most properties on offer with 1145.
Is Beaumaris a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Beaumaris have stayed pretty much the same which would tend to indicate that demand is steady.
When we look at the data we have, it can help with trying to establish whether or not Beaumaris is a good investment target.
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.
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