Real Estate Market Report for
Balmy Beach, ON

Updated : Nov 2015
House
  • Median price $474,900
  • Monthly growth -2.56 %
  • Quarterly trend
  • Stock on market 0.04%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Balmy Beach Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Across the nation CREW lists data for 4553 neighbourhoods, and this month Balmy Beach is number 392 putting it ahead of most neighbourhoods .

When our research team crunched the numbers we calculated that Balmy Beach has a median home price of $474,900.

According to our stats, Balmy Beach is the neighbourhood that has the 1043th most properties available to real estate investors in Ontario.

Can we guarantee how well Balmy Beach 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.

Over the last three months in Balmy Beach, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Is Balmy Beach a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Balmy Beach there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Demographics
  • Population in 201110404
  • Population in 200610506
  • 2006 to 2011 population change (%)-1
  • Total private dwellings4896
  • Private dwellings occupied by usual residents4088
  • Population density per square kilometre17.2
  • Land area (square km)604.36
  • Age Characteristics
    Total population by age groups 10405
    0 to 4 years 405
    5 to 9 years 475
    10 to 14 years 570
    15 to 19 years 705
    15 years 120
    16 years 140
    17 years 150
    18 years 150
    19 years 145
    20 to 24 years 540
    25 to 29 years 390
    30 to 34 years 450
    35 to 39 years 535
    40 to 44 years 600
    45 to 49 years 855
    50 to 54 years 960
    55 to 59 years 1040
    60 to 64 years 975
    65 to 69 years 760
    70 to 74 years 490
    75 to 79 years 340
    80 to 84 years 195
    85 years and over 125
    Median age of the population 48.1
    % of the population aged 15 and over 86
  • Marital Status
    Total population 15 years and over by marital status 8950
    Married or living with a common-law partner 6290
    Married (and not separated) 5605
    Living common-law 685
    Not married and not living with a common-law partner 2660
    Single (never legally married) 1750
    Separated 185
    Divorced 335
    Widowed 390
    Family Characteristics
    Total number of census families in private households 3380
    Size of census family: 2 persons 1930
    Size of census family: 3 persons 615
    Size of census family: 4 persons 575
    Size of census family: 5 or more persons 260
    Total number of census families in private households 3375
    Total couple families by family structure and number of children 3125
    Married couples 2785
    Without children at home 1560
    With children at home 1225
    1 child 480
    2 children 505
    3 or more children 240
    Common-law couples 340
    Without children at home 210
    With children at home 130
    1 child 70
    2 children 45
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 250
    Female parent 165
    1 child 105
    2 children 45
    3 or more children 20
    Male parent 85
    1 child 55
    2 children 20
    3 or more children 10
    Total children in census families in private households 2875
    Under six years of age 485
    6 to 14 years 955
    15 to 17 years 410
    18 to 24 years 730
    25 years and over 300
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 10355
    Number of persons not in census families 975
    Living with relatives 120
    Living with non-relatives only 160
    Living alone 700
    Number of census family persons 9375
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 1890
    Number of persons not in census families aged 65 years and over 395
    Living with relatives 40
    Living with non-relatives only 25
    Living alone 335
    Number of census family persons aged 65 years and over 1495
    Total number of private households by household type 4085
    Census-family households 3320
    One-family-only households 3140
    Couple-family households 2945
    Without children 1660
    With children 1280
    Lone-parent-family households 195
    Other family households 180
    One-family households with persons not in a census family 125
    Couple-family households 95
    Without children 45
    With children 50
    Lone-parent-family households 30
    Two-or-more-family households 55
    Non-census-family households 770
    One-person households 700
    Two-or-more-person households 65
    Total number of occupied private dwellings by structural type of dwelling 4085
    Single-detached house 3850
    Apartment, building that has five or more storeys 0
    Movable dwelling 130
    Other dwelling 105
    Semi-detached house 10
    Row house 10
    Apartment, duplex 20
    Apartment, building that has fewer than five storeys 45
    Other single-attached house 10
    Total number of private households by household size 4085
    1 person 705
    2 persons 1855
    3 persons 615
    4 persons 600
    5 persons 215
    6 or more persons 95
    Number of persons in private households 10355
    Average number of persons in private households 2.5
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?