The Greater Toronto Area (GTA) has long since been an attractive spot for real estate, with many houses for sale under $600 000.
Monticello Home Price
Monticello was Canada’s 1590th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Monticello has a median home price of $289,250.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
Across Prince Edward Island Monticello has the 140th most properties on offer with 218.
Prince Edward Island has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Monticello there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
When we look at the data we have, it can help with trying to establish whether or not Monticello is a good investment target.
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