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.
Shanty Bay Home Price
With a median listing price of $2,743,500, Shanty Bay is Canada’s 4th most expensive when ordered by median listing price.
The $2,743,500 price tag on the median Shanty Bay home means that it is quite highly priced by Canadian standards.
Ontario has the most amount of properties available to property investors, with Shanty Bay having 990th most in the province, out of a total of 1145.
Is Shanty Bay a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
As one of Ontario’s many potential real estate investment neighbourhoods, Shanty Bay 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.
Corresponding census subdivisions are provided for the following place names where data is not available.
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