Trending

The MoneyShow (Friday, September 16th - 17th) covers topics that are either hot-button issues or those with additional complexity by taking a laser-focused approach

Ads Google

Minett, ON

Updated: Aug 2016
House
Median price $1,149,450
Monthly growth
Quarterly trend
Stock on market 0.15%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Minett Home Price

Minett was Canada’s 46th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $1,149,450 in Minett was an impressive compared to the rest of Ontario.

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.

Across Ontario Minett has the 446th most properties on offer with 1145.

Can we guarantee how well Minett 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.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

As one of Ontario’s many potential real estate investment neighbourhoods, Minett 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 Minett there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Find a mortgage broker in Minett, ON
Beds Median price (House) Median price (Apartment)
1 bedroom $239,900
4 bedrooms $2,195,000
5 bedrooms $2,845,000
Demographics
  • Population in 20116324
  • Population in 20066467
  • 2006 to 2011 population change (%)-2.2
  • Total private dwellings9361
  • Private dwellings occupied by usual residents2631
  • Population density per square kilometre8
  • Land area (square km)794.48

Age Characteristics

Total population by age groups 6325
0 to 4 years 220
5 to 9 years 205
10 to 14 years 360
15 to 19 years 400
15 years 75
16 years 75
17 years 85
18 years 90
19 years 70
20 to 24 years 305
25 to 29 years 265
30 to 34 years 235
35 to 39 years 280
40 to 44 years 345
45 to 49 years 540
50 to 54 years 560
55 to 59 years 600
60 to 64 years 600
65 to 69 years 505
70 to 74 years 365
75 to 79 years 285
80 to 84 years 165
85 years and over 105
Median age of the population 50.1
% of the population aged 15 and over 87.6

Marital Status

Total population 15 years and over by marital status 5535
Married or living with a common-law partner 3670
Married (and not separated) 3120
Living common-law 550
Not married and not living with a common-law partner 1865
Single (never legally married) 1150
Separated 125
Divorced 310
Widowed 285

Family Characteristics

Total number of census families in private households 1995
Size of census family: 2 persons 1210
Size of census family: 3 persons 345
Size of census family: 4 persons 300
Size of census family: 5 or more persons 130
Total number of census families in private households 1995
Total couple families by family structure and number of children 1800
Married couples 1520
Without children at home 915
With children at home 605
1 child 250
2 children 240
3 or more children 115
Common-law couples 270
Without children at home 170
With children at home 100
1 child 45
2 children 40
3 or more children 15
Total lone-parent families by sex of parent and number of children 195
Female parent 135
1 child 85
2 children 35
3 or more children 15
Male parent 60
1 child 40
2 children 15
3 or more children 5
Total children in census families in private households 1585
Under six years of age 245
6 to 14 years 530
15 to 17 years 225
18 to 24 years 375
25 years and over 210
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 6215
Number of persons not in census families 840
Living with relatives 90
Living with non-relatives only 125
Living alone 630
Number of census family persons 5375
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 1400
Number of persons not in census families aged 65 years and over 310
Living with relatives 35
Living with non-relatives only 15
Living alone 265
Number of census family persons aged 65 years and over 1085
Total number of private households by household type 2630
Census-family households 1950
One-family-only households 1820
Couple-family households 1680
Without children 1030
With children 645
Lone-parent-family households 140
Other family households 135
One-family households with persons not in a census family 95
Couple-family households 60
Without children 25
With children 35
Lone-parent-family households 30
Two-or-more-family households 40
Non-census-family households 675
One-person households 635
Two-or-more-person households 45
Total number of occupied private dwellings by structural type of dwelling 2630
Single-detached house 2555
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 70
Semi-detached house 10
Row house 5
Apartment, duplex 15
Apartment, building that has fewer than five storeys 35
Other single-attached house 5
Total number of private households by household size 2635
1 person 630
2 persons 1160
3 persons 355
4 persons 320
5 persons 105
6 or more persons 65
Number of persons in private households 6215
Average number of persons in private households 2.4

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.

Useful Links

Advertisement

Website Managed By

© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media