Trending

Discover the top Canadian real estate investment hotspots! Explore lucrative opportunities in Canada's premier locations for maximum returns.

Ads Google

Cold Lake, AB

Updated: Aug 2016
House
Median price $389,000
Monthly growth 11.17 %
Quarterly trend
Stock on market 3.86%
Apartment
Median price $249,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 1.01%

Cold Lake Home Price

With a median listing price of $389,000, Cold Lake is Canada’s 822th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Cold Lake has a median home price of $389,000.

If you’re looking at investment properties in Cold Lake, then you’re most likely to find homes with 4 bedrooms on sale this month.

According to our stats, Cold Lake is the neighbourhood that has the 13th most properties available to real estate investors in Alberta.

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

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 Cold Lake, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 288, this month we show 217.

With a median listing price of $249,900, Cold Lake is Canada’s 351th most expensive when ordered by median listing price.

The median house price listed in Cold Lake this month is $249,900.

Investors looking for properties in Cold Lake are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

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

As one of Alberta’s many potential real estate investment neighbourhoods, Cold Lake 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.

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

Find a mortgage broker in Cold Lake, AB
Beds Median price (House) Median price (Apartment)
1 bedroom $152,950
2 bedrooms $259,400 $239,900
3 bedrooms $399,900 $279,900
4 bedrooms $379,900
5 bedrooms $399,900
6 bedrooms $440,000
Demographics
  • Population in 201113839
  • Population in 200611991
  • 2006 to 2011 population change (%)15.4
  • Total private dwellings5626
  • Private dwellings occupied by usual residents5150
  • Population density per square kilometre233.4
  • Land area (square km)59.3

Age Characteristics

Total population by age groups 13840
0 to 4 years 1295
5 to 9 years 930
10 to 14 years 920
15 to 19 years 945
15 years 185
16 years 190
17 years 190
18 years 200
19 years 185
20 to 24 years 1180
25 to 29 years 1520
30 to 34 years 1305
35 to 39 years 1005
40 to 44 years 890
45 to 49 years 1210
50 to 54 years 965
55 to 59 years 545
60 to 64 years 360
65 to 69 years 240
70 to 74 years 190
75 to 79 years 165
80 to 84 years 95
85 years and over 75
Median age of the population 30.5
% of the population aged 15 and over 77.3

Marital Status

Total population 15 years and over by marital status 10695
Married or living with a common-law partner 6890
Married (and not separated) 5320
Living common-law 1565
Not married and not living with a common-law partner 3805
Single (never legally married) 2830
Separated 220
Divorced 485
Widowed 270

Family Characteristics

Total number of census families in private households 3860
Size of census family: 2 persons 1655
Size of census family: 3 persons 965
Size of census family: 4 persons 845
Size of census family: 5 or more persons 390
Total number of census families in private households 3860
Total couple families by family structure and number of children 3385
Married couples 2605
Without children at home 1010
With children at home 1590
1 child 600
2 children 675
3 or more children 315
Common-law couples 780
Without children at home 380
With children at home 400
1 child 210
2 children 130
3 or more children 60
Total lone-parent families by sex of parent and number of children 475
Female parent 320
1 child 170
2 children 105
3 or more children 45
Male parent 160
1 child 90
2 children 45
3 or more children 15
Total children in census families in private households 4440
Under six years of age 1495
6 to 14 years 1625
15 to 17 years 540
18 to 24 years 600
25 years and over 185
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 13715
Number of persons not in census families 2030
Living with relatives 195
Living with non-relatives only 750
Living alone 1085
Number of census family persons 11685
Average number of persons per census family 3
Total number of persons 65 years and over in private households 700
Number of persons not in census families aged 65 years and over 200
Living with relatives 20
Living with non-relatives only 10
Living alone 170
Number of census family persons aged 65 years and over 500
Total number of private households by household type 5150
Census-family households 3775
One-family-only households 3460
Couple-family households 3120
Without children 1265
With children 1855
Lone-parent-family households 345
Other family households 310
One-family households with persons not in a census family 230
Couple-family households 155
Without children 65
With children 90
Lone-parent-family households 70
Two-or-more-family households 80
Non-census-family households 1375
One-person households 1085
Two-or-more-person households 290
Total number of occupied private dwellings by structural type of dwelling 5150
Single-detached house 3605
Apartment, building that has five or more storeys 0
Movable dwelling 85
Other dwelling 1455
Semi-detached house 665
Row house 175
Apartment, duplex 35
Apartment, building that has fewer than five storeys 545
Other single-attached house 35
Total number of private households by household size 5150
1 person 1085
2 persons 1685
3 persons 990
4 persons 885
5 persons 350
6 or more persons 155
Number of persons in private households 13715
Average number of persons in private households 2.7

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