Lakeside, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $510,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $305,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $510,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 15,200 |
| Previous Population (2020) | 15,000 |
| Population Change | 1.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,505.0 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Lakeside, Ontario is currently experiencing a steady growth, with the median house price sitting at $510,000, which marks a 4% year-over-year increase. This suggests that the market is healthy and properties are appreciating at a moderate pace. The median apartment price is also on the rise, albeit at a slightly lower rate, standing at $305,000 with a 2.5% year-over-year uptick. Given that the area’s population has grown by 1.33% to reach 15,200 residents, demand for housing appears to be on an upward trajectory.
Investment Opportunities and Potential
Lakeside offers promising investment opportunities particularly for those looking to invest in standalone homes. With the current house price trend outpacing apartments, investors could see greater long-term capital gains in this segment of the market. The steady population growth rate indicates a continuing demand for housing, which may drive rental yields as well as property values up over time.
The growth in median apartment prices, although slower than houses, still presents an opportunity for investors targeting more affordable entry points into the real estate market or seeking properties with potentially lower maintenance requirements and higher turnover rates.
Future Market Outlook
The outlook for Lakeside’s real estate market remains positive. Assuming similar economic conditions persist—such as interest rates, employment levels, and regional economic growth—the area’s real estate is expected to maintain its current trajectory of moderate but steady appreciation.
The ongoing population growth will likely foster sustained demand for both purchasing and renting properties. However, it’s important to monitor local developments that could impact the market such as changes in zoning laws, infrastructure projects, or significant shifts in the job market which could either bolster or hinder future growth.
