The Greater Toronto Area (GTA) has long since been an attractive spot for real estate, with many houses for sale under $600 000.
Lakeville Home Price
Lakeville was Canada’s 5057th most expensive suburb by listed median house price this month.
The median house price listed in Lakeville this month is $65,000.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lakeville has a pretty average amount compared to the rest of the province
Can we guarantee how well Lakeville 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.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lakeville there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
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.
As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Lakeville needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
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