Real Estate Market Report for
Wallacetown, ON

Updated : Aug 2016
House
  • Median price $122,500
  • Monthly growth 2.08 %
  • Quarterly trend
  • Stock on market 0.27%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Wallacetown 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 country as a whole, Wallacetown is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

Wallacetown, Ontario has a median house price of $122,500 when compiling all the home listings in Aug .

2 bedroom properties are the most common available for real estate investors this month in neighbourhood.

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Wallacetown, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 4.

As one of Ontario’s many potential real estate investment neighbourhoods, Wallacetown 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.

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

Beds Median price (House) Median price (Apartment)
2 bedrooms $111,500
Demographics
  • 2006 to 2011 population change (%)1.4
  • Total private dwellings1495
  • Private dwellings occupied by usual residents1412
  • Population density per square kilometre13.2
  • Land area (square km)294.64
  • Population in 20113876
  • Population in 20063821
  • Age Characteristics
    Total population by age groups 3875
    0 to 4 years 175
    5 to 9 years 205
    10 to 14 years 280
    15 to 19 years 315
    15 years 70
    16 years 70
    17 years 55
    18 years 65
    19 years 60
    20 to 24 years 225
    25 to 29 years 155
    30 to 34 years 180
    35 to 39 years 235
    40 to 44 years 275
    45 to 49 years 345
    50 to 54 years 320
    55 to 59 years 260
    60 to 64 years 245
    65 to 69 years 185
    70 to 74 years 165
    75 to 79 years 125
    80 to 84 years 95
    85 years and over 95
    Median age of the population 43.2
    % of the population aged 15 and over 82.8
  • Marital Status
    Total population 15 years and over by marital status 3210
    Married or living with a common-law partner 2040
    Married (and not separated) 1760
    Living common-law 280
    Not married and not living with a common-law partner 1165
    Single (never legally married) 700
    Separated 80
    Divorced 130
    Widowed 255
    Family Characteristics
    Total number of census families in private households 1140
    Size of census family: 2 persons 575
    Size of census family: 3 persons 210
    Size of census family: 4 persons 230
    Size of census family: 5 or more persons 120
    Total number of census families in private households 1135
    Total couple families by family structure and number of children 995
    Married couples 855
    Without children at home 420
    With children at home 435
    1 child 140
    2 children 185
    3 or more children 110
    Common-law couples 140
    Without children at home 85
    With children at home 60
    1 child 25
    2 children 25
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 140
    Female parent 105
    1 child 55
    2 children 30
    3 or more children 15
    Male parent 40
    1 child 20
    2 children 15
    3 or more children 5
    Total children in census families in private households 1230
    Under six years of age 215
    6 to 14 years 440
    15 to 17 years 185
    18 to 24 years 295
    25 years and over 95
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 3730
    Number of persons not in census families 370
    Living with relatives 50
    Living with non-relatives only 35
    Living alone 280
    Number of census family persons 3365
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 535
    Number of persons not in census families aged 65 years and over 145
    Living with relatives 20
    Living with non-relatives only 5
    Living alone 130
    Number of census family persons aged 65 years and over 390
    Total number of private households by household type 1410
    Census-family households 1110
    One-family-only households 1050
    Couple-family households 930
    Without children 470
    With children 460
    Lone-parent-family households 115
    Other family households 65
    One-family households with persons not in a census family 40
    Couple-family households 30
    Without children 10
    With children 15
    Lone-parent-family households 15
    Two-or-more-family households 25
    Non-census-family households 295
    One-person households 280
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 1415
    Single-detached house 1325
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 85
    Semi-detached house 15
    Row house 5
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 60
    Other single-attached house 0
    Total number of private households by household size 1410
    1 person 280
    2 persons 545
    3 persons 205
    4 persons 240
    5 persons 90
    6 or more persons 50
    Number of persons in private households 3735
    Average number of persons in private households 2.6
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?