Real Estate Market Report for
Formosa, ON

Updated : Apr 2015

House

Median price $412,500
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.09%

Apartment

Median price
Monthly growth
Quarterly trend
Stock on market

Formosa Home Price

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House Report
Apartment Report

With a median listing price of $412,500, Formosa is Canada’s 610th most expensive when ordered by median listing price.

With Formosa’s median house price at $412,500 in Apr , it is high priced compared to the rest of Ontario.

Ontario has the most amount of properties available to property investors, with Formosa having 1062th most in the province, out of a total of 1239.

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

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

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Find a mortgage broker in Formosa, ON

Beds	Median price (House)	Median price (Apartment)
4 bedrooms	$412,500

Demographics

Population in 20115685
Population in 20065939
2006 to 2011 population change (%)-4.3
Total private dwellings2346
Private dwellings occupied by usual residents2152
Population density per square kilometre11.7
Land area (square km)487.27

Age Characteristics

Total population by age groups	5685
0 to 4 years	310
5 to 9 years	350
10 to 14 years	365
15 to 19 years	470
15 years	90
16 years	100
17 years	80
18 years	110
19 years	95
20 to 24 years	385
25 to 29 years	280
30 to 34 years	305
35 to 39 years	280
40 to 44 years	340
45 to 49 years	440
50 to 54 years	510
55 to 59 years	455
60 to 64 years	380
65 to 69 years	250
70 to 74 years	220
75 to 79 years	175
80 to 84 years	90
85 years and over	75
Median age of the population	41.5
% of the population aged 15 and over	81.9

Marital Status

Total population 15 years and over by marital status	4655
Married or living with a common-law partner	3025
Married (and not separated)	2710
Living common-law	315
Not married and not living with a common-law partner	1635
Single (never legally married)	1130
Separated	105
Divorced	160
Widowed	240

Family Characteristics

Total number of census families in private households	1640
Size of census family: 2 persons	800
Size of census family: 3 persons	280
Size of census family: 4 persons	330
Size of census family: 5 or more persons	235
Total number of census families in private households	1635
Total couple families by family structure and number of children	1510
Married couples	1345
Without children at home	635
With children at home	715
1 child	215
2 children	280
3 or more children	215
Common-law couples	160
Without children at home	85
With children at home	75
1 child	30
2 children	30
3 or more children	10
Total lone-parent families by sex of parent and number of children	135
Female parent	85
1 child	40
2 children	20
3 or more children	20
Male parent	50
1 child	30
2 children	10
3 or more children	5
Total children in census families in private households	1910
Under six years of age	375
6 to 14 years	645
15 to 17 years	260
18 to 24 years	485
25 years and over	145
Average number of children at home per census family	1.2

Household And Dwelling Characteristics

Total number of persons in private households	5675
Number of persons not in census families	625
Living with relatives	55
Living with non-relatives only	70
Living alone	495
Number of census family persons	5050
Average number of persons per census family	3.1
Total number of persons 65 years and over in private households	815
Number of persons not in census families aged 65 years and over	250
Living with relatives	15
Living with non-relatives only	10
Living alone	225
Number of census family persons aged 65 years and over	560
Total number of private households by household type	2155
Census-family households	1620
One-family-only households	1565
Couple-family households	1455
Without children	690
With children	765
Lone-parent-family households	110
Other family households	55
One-family households with persons not in a census family	40
Couple-family households	30
Without children	20
With children	10
Lone-parent-family households	10
Two-or-more-family households	15
Non-census-family households	530
One-person households	495
Two-or-more-person households	35
Total number of occupied private dwellings by structural type of dwelling	2150
Single-detached house	1920
Apartment, building that has five or more storeys	0
Movable dwelling	40
Other dwelling	190
Semi-detached house	5
Row house	95
Apartment, duplex	20
Apartment, building that has fewer than five storeys	70
Other single-attached house	5
Total number of private households by household size	2150
1 person	495
2 persons	785
3 persons	285
4 persons	330
5 persons	165
6 or more persons	95
Number of persons in private households	5675
Average number of persons in private households	2.6