Real Estate Market Report for
Niagara-on-the-Lake, ON

Updated : May 2016
House
  • Median price $698,900
  • Monthly growth 1.58 %
  • Quarterly trend
  • Stock on market 2.71%
Apartment
  • Median price $394,000
  • Monthly growth 1.80 %
  • Quarterly trend
  • Stock on market 0.33%
Niagara-on-the-Lake Home Price

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Across the country as a whole, Niagara-on-the-Lake is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Ontario is $379,900 , which means that Niagara-on-the-Lake’s median price is $698,900 considerably better than the rest of the province.

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.

There are 1220 neighbourhoods that have more properties on sale than Niagara-on-the-Lake at the moment in Ontario which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Niagara-on-the-Lake will hopefully provide an indicator to help you where to research in-depth

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Niagara-on-the-Lake there is more stock than three months ago. This would indicate pressure on prices easing.

Across the country as a whole, Niagara-on-the-Lake is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Niagara-on-the-Lake has a median home price of $394,000.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Niagara-on-the-Lake has more than the average number to choose from compared to the rest of the province

Can we guarantee how well Niagara-on-the-Lake 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.

The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.

Beds Median price (House) Median price (Apartment)
3 bedrooms $590,000
4 bedrooms $779,900
Demographics
  • Population in 201115400
  • Population in 200614587
  • 2006 to 2011 population change (%)5.6
  • Total private dwellings6633
  • Private dwellings occupied by usual residents5922
  • Population density per square kilometre115.9
  • Land area (square km)132.83
  • Age Characteristics
    Total population by age groups 15400
    0 to 4 years 590
    5 to 9 years 710
    10 to 14 years 770
    15 to 19 years 825
    15 years 165
    16 years 175
    17 years 150
    18 years 175
    19 years 160
    20 to 24 years 815
    25 to 29 years 545
    30 to 34 years 565
    35 to 39 years 695
    40 to 44 years 810
    45 to 49 years 1120
    50 to 54 years 1205
    55 to 59 years 1310
    60 to 64 years 1445
    65 to 69 years 1245
    70 to 74 years 945
    75 to 79 years 725
    80 to 84 years 580
    85 years and over 500
    Median age of the population 51
    % of the population aged 15 and over 86.6
  • Marital Status
    Total population 15 years and over by marital status 13330
    Married or living with a common-law partner 8960
    Married (and not separated) 8315
    Living common-law 645
    Not married and not living with a common-law partner 4375
    Single (never legally married) 2620
    Separated 260
    Divorced 565
    Widowed 930
    Family Characteristics
    Total number of census families in private households 4650
    Size of census family: 2 persons 2750
    Size of census family: 3 persons 740
    Size of census family: 4 persons 745
    Size of census family: 5 or more persons 405
    Total number of census families in private households 4650
    Total couple families by family structure and number of children 4235
    Married couples 3920
    Without children at home 2270
    With children at home 1655
    1 child 585
    2 children 685
    3 or more children 385
    Common-law couples 310
    Without children at home 225
    With children at home 85
    1 child 45
    2 children 30
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 410
    Female parent 315
    1 child 190
    2 children 85
    3 or more children 40
    Male parent 90
    1 child 65
    2 children 20
    3 or more children 10
    Total children in census families in private households 4055
    Under six years of age 710
    6 to 14 years 1335
    15 to 17 years 485
    18 to 24 years 990
    25 years and over 535
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 14705
    Number of persons not in census families 1765
    Living with relatives 220
    Living with non-relatives only 300
    Living alone 1245
    Number of census family persons 12935
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 3615
    Number of persons not in census families aged 65 years and over 810
    Living with relatives 105
    Living with non-relatives only 45
    Living alone 660
    Number of census family persons aged 65 years and over 2800
    Total number of private households by household type 5925
    Census-family households 4555
    One-family-only households 4265
    Couple-family households 3935
    Without children 2345
    With children 1590
    Lone-parent-family households 330
    Other family households 285
    One-family households with persons not in a census family 195
    Couple-family households 150
    Without children 60
    With children 95
    Lone-parent-family households 40
    Two-or-more-family households 90
    Non-census-family households 1370
    One-person households 1250
    Two-or-more-person households 120
    Total number of occupied private dwellings by structural type of dwelling 5920
    Single-detached house 5080
    Apartment, building that has five or more storeys 0
    Movable dwelling 120
    Other dwelling 725
    Semi-detached house 145
    Row house 380
    Apartment, duplex 40
    Apartment, building that has fewer than five storeys 155
    Other single-attached house 5
    Total number of private households by household size 5920
    1 person 1250
    2 persons 2650
    3 persons 745
    4 persons 760
    5 persons 350
    6 or more persons 170
    Number of persons in private households 14705
    Average number of persons in private households 2.5
Census 2011

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