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A percentage that shows the potential annual return on a real estate investment based on the property's income.
The cap rate helps investors quickly assess and compare the profitability of different property investments.
A higher cap rate suggests a potentially more profitable investment, though it should be considered alongside other financial metrics.
| Median | Mean | Mode |
|---|---|---|
6.7% | 6.9% | - |
| Location | Median | Mean | Mode |
|---|---|---|---|
| Clearwood | 5.5% | 5.6% | - |
| Crescents | 6.3% | 6.3% | - |
| Gunn Road Area | - | - | - |
| Hart Highlands | 5.9% | 5.8% | - |
| Heritage | 7.5% | 7.9% | - |
| Ness Lake | 3.4% | 3.4% | - |
| University Heights | 4.9% | 5.3% | - |
| Unknown | 6.7% | 6.9% | - |
| Van Bow | 8.5% | 8.5% | - |
| Willow Cale | - | - | - |