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.
Clyde River Home Price
With a median listing price of $527,000, Clyde River is Canada’s 378th most expensive when ordered by median listing price.
While the median for Prince Edward Island is $179,600 , which means that Clyde River’s median price is $527,000 considerably better than the rest of the province.
Clyde River’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.
According to our stats, Clyde River is the neighbourhood that has the 36th most properties available to real estate investors in Prince Edward Island.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Clyde River will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Clyde River, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
It’s never an exact art, but to try to forecast how property is going to appreciate in Clyde River for investors, it’s important to look at data like:
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