Trending

Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.

Mount Royal, PE

Updated: Aug 2016
House
Median price $282,450
Monthly growth
Quarterly trend
Stock on market 0.65%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Mount Royal Home Price

Across the country as a whole, Mount Royal is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

Want a cheaply priced house? Then at $282,450 this month, Mount Royal, Prince Edward Island is definitely not for you price wise.

From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

When we look at the data we have, it can help with trying to establish whether or not Mount Royal is a good investment target.

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 Mount Royal, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.

Is Mount Royal a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

If you are looking at investment properties in Mount Royal, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
4 bedrooms $339,950
Demographics
  • Population in 2011596
  • Population in 2006668
  • 2006 to 2011 population change (%)-10.8
  • Total private dwellings310
  • Private dwellings occupied by usual residents236
  • Population density per square kilometre7.1
  • Land area (square km)84.29

Age Characteristics

Total population by age groups 600
0 to 4 years 35
5 to 9 years 45
10 to 14 years 40
15 to 19 years 30
15 years 5
16 years 5
17 years 5
18 years 10
19 years 5
20 to 24 years 30
25 to 29 years 25
30 to 34 years 40
35 to 39 years 35
40 to 44 years 45
45 to 49 years 45
50 to 54 years 45
55 to 59 years 45
60 to 64 years 50
65 to 69 years 30
70 to 74 years 30
75 to 79 years 15
80 to 84 years 10
85 years and over 5
Median age of the population 43.2
% of the population aged 15 and over 80.2

Marital Status

Total population 15 years and over by marital status 475
Married or living with a common-law partner 310
Married (and not separated) 270
Living common-law 45
Not married and not living with a common-law partner 170
Single (never legally married) 100
Separated 15
Divorced 20
Widowed 30

Family Characteristics

Total number of census families in private households 185
Size of census family: 2 persons 95
Size of census family: 3 persons 35
Size of census family: 4 persons 35
Size of census family: 5 or more persons 20
Total number of census families in private households 180
Total couple families by family structure and number of children 155
Married couples 130
Without children at home 75
With children at home 60
1 child 20
2 children 25
3 or more children 15
Common-law couples 20
Without children at home 10
With children at home 10
1 child 0
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 25
Female parent 25
1 child 10
2 children 10
3 or more children 0
Male parent 5
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 185
Under six years of age 45
6 to 14 years 70
15 to 17 years 10
18 to 24 years 35
25 years and over 20
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 595
Number of persons not in census families 80
Living with relatives 20
Living with non-relatives only 10
Living alone 50
Number of census family persons 520
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 90
Number of persons not in census families aged 65 years and over 25
Living with relatives 5
Living with non-relatives only 0
Living alone 15
Number of census family persons aged 65 years and over 65
Total number of private households by household type 235
Census-family households 180
One-family-only households 170
Couple-family households 150
Without children 80
With children 65
Lone-parent-family households 20
Other family households 10
One-family households with persons not in a census family 10
Couple-family households 0
Without children 5
With children 0
Lone-parent-family households 5
Two-or-more-family households 0
Non-census-family households 55
One-person households 45
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 240
Single-detached house 220
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 5
Semi-detached house 5
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 240
1 person 50
2 persons 100
3 persons 35
4 persons 35
5 persons 15
6 or more persons 5
Number of persons in private households 595
Average number of persons in private households 2.5

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

© 2023 Canadian Estate Wealth. All Rights Reserved by Merged Media