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Lake of Bays, ON

Updated: Aug 2016
House
Median price $619,450
Monthly growth
Quarterly trend
Stock on market 0.54%
Apartment
Median price $64,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.07%

Lake of Bays Home Price

Canada’s national median home listing price this month is $290,900, which means that Lake of Bays is in the top 20% for Canada.

The $619,450 price tag on the median Lake of Bays home means that it is quite highly priced by Canadian standards.

Lake of Bays’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

Across Ontario Lake of Bays has the 307th most properties on offer with 1145.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Lake of Bays there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Lake of Bays was Canada’s 1039th most expensive suburb by listed median house price this month.

Want a cheaply priced house? Then at $64,900 this month, Lake of Bays, Ontario do not consider price wise.

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.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lake of Bays has fewer than average compared to the rest of the province

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

If you are looking at investment properties in Lake of Bays, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

Find a mortgage broker in Lake of Bays, ON
Beds Median price (House) Median price (Apartment)
1 bedroom $64,900
2 bedrooms $544,500
3 bedrooms $699,000
4 bedrooms $599,900
5 bedrooms $1,622,250
Demographics
  • Population in 20113284
  • Population in 20063570
  • 2006 to 2011 population change (%)-8
  • Total private dwellings4471
  • Private dwellings occupied by usual residents1440
  • Population density per square kilometre4.8
  • Land area (square km)677.58

Age Characteristics

Total population by age groups 3285
0 to 4 years 105
5 to 9 years 125
10 to 14 years 135
15 to 19 years 145
15 years 35
16 years 35
17 years 20
18 years 30
19 years 30
20 to 24 years 150
25 to 29 years 115
30 to 34 years 105
35 to 39 years 135
40 to 44 years 165
45 to 49 years 260
50 to 54 years 310
55 to 59 years 360
60 to 64 years 330
65 to 69 years 310
70 to 74 years 225
75 to 79 years 155
80 to 84 years 90
85 years and over 65
Median age of the population 53.2
% of the population aged 15 and over 88.8

Marital Status

Total population 15 years and over by marital status 2915
Married or living with a common-law partner 2015
Married (and not separated) 1750
Living common-law 260
Not married and not living with a common-law partner 905
Single (never legally married) 495
Separated 70
Divorced 170
Widowed 165

Family Characteristics

Total number of census families in private households 1075
Size of census family: 2 persons 695
Size of census family: 3 persons 180
Size of census family: 4 persons 145
Size of census family: 5 or more persons 50
Total number of census families in private households 1075
Total couple families by family structure and number of children 985
Married couples 860
Without children at home 565
With children at home 295
1 child 130
2 children 120
3 or more children 40
Common-law couples 125
Without children at home 75
With children at home 50
1 child 20
2 children 15
3 or more children 5
Total lone-parent families by sex of parent and number of children 85
Female parent 65
1 child 35
2 children 15
3 or more children 5
Male parent 25
1 child 20
2 children 5
3 or more children 0
Total children in census families in private households 720
Under six years of age 130
6 to 14 years 240
15 to 17 years 85
18 to 24 years 170
25 years and over 100
Average number of children at home per census family 0.7

Household And Dwelling Characteristics

Total number of persons in private households 3225
Number of persons not in census families 445
Living with relatives 40
Living with non-relatives only 50
Living alone 360
Number of census family persons 2775
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 845
Number of persons not in census families aged 65 years and over 205
Living with relatives 25
Living with non-relatives only 10
Living alone 170
Number of census family persons aged 65 years and over 640
Total number of private households by household type 1440
Census-family households 1060
One-family-only households 1010
Couple-family households 935
Without children 615
With children 320
Lone-parent-family households 75
Other family households 50
One-family households with persons not in a census family 35
Couple-family households 25
Without children 15
With children 15
Lone-parent-family households 10
Two-or-more-family households 15
Non-census-family households 380
One-person households 360
Two-or-more-person households 25
Total number of occupied private dwellings by structural type of dwelling 1440
Single-detached house 1390
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 40
Semi-detached house 10
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 25
Other single-attached house 5
Total number of private households by household size 1440
1 person 360
2 persons 685
3 persons 185
4 persons 150
5 persons 50
6 or more persons 15
Number of persons in private households 3220
Average number of persons in private households 2.2

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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