Trending

If you’re a newer house flipper, you have probably heard about the 70 percent rule. Here’s your guide to the investing rule that can prevent you from spending too much money on an investment.

Ads Google

Grosses-Roches, QC

Updated: Aug 2016
House
Median price $92,700
Monthly growth 4.15 %
Quarterly trend
Stock on market 3.20%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Grosses-Roches Home Price

Across the country as a whole, Grosses-Roches is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $92,700 price tag on the median Grosses-Roches home means that it is very cheap in comparison to the rest of the nation.

2 bedroom properties are the most common available for real estate investors this month in neighbourhood.

Quebec has the second most amount of properties available to property investors, with Grosses-Roches having 703th most in the province, out of a total of 1047.

As one of Quebec’s many potential real estate investment neighbourhoods, Grosses-Roches 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.

In Grosses-Roches, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Grosses-Roches will hopefully provide an indicator to help you where to research in-depth

In Grosses-Roches, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Beds Median price (House) Median price (Apartment)
2 bedrooms $89,500
3 bedrooms $108,000
Demographics
  • Population in 2011411
  • Population in 2006416
  • 2006 to 2011 population change (%)-1.2
  • Total private dwellings250
  • Private dwellings occupied by usual residents192
  • Population density per square kilometre6.5
  • Land area (square km)63.65

Age Characteristics

Total population by age groups 415
0 to 4 years 15
5 to 9 years 10
10 to 14 years 15
15 to 19 years 30
15 years 0
16 years 5
17 years 5
18 years 10
19 years 0
20 to 24 years 20
25 to 29 years 15
30 to 34 years 10
35 to 39 years 10
40 to 44 years 25
45 to 49 years 35
50 to 54 years 40
55 to 59 years 45
60 to 64 years 35
65 to 69 years 40
70 to 74 years 25
75 to 79 years 20
80 to 84 years 10
85 years and over 10
Median age of the population 52.9
% of the population aged 15 and over 89.7

Marital Status

Total population 15 years and over by marital status 370
Married or living with a common-law partner 195
Married (and not separated) 135
Living common-law 65
Not married and not living with a common-law partner 175
Single (never legally married) 110
Separated 0
Divorced 30
Widowed 30

Family Characteristics

Total number of census families in private households 120
Size of census family: 2 persons 85
Size of census family: 3 persons 20
Size of census family: 4 persons 15
Size of census family: 5 or more persons 5
Total number of census families in private households 125
Total couple families by family structure and number of children 100
Married couples 65
Without children at home 40
With children at home 20
1 child 5
2 children 10
3 or more children 5
Common-law couples 30
Without children at home 15
With children at home 15
1 child 15
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 30
Female parent 25
1 child 20
2 children 0
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 95
Under six years of age 15
6 to 14 years 20
15 to 17 years 15
18 to 24 years 20
25 years and over 20
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 410
Number of persons not in census families 95
Living with relatives 20
Living with non-relatives only 10
Living alone 60
Number of census family persons 315
Average number of persons per census family 2.5
Total number of persons 65 years and over in private households 105
Number of persons not in census families aged 65 years and over 40
Living with relatives 10
Living with non-relatives only 5
Living alone 20
Number of census family persons aged 65 years and over 70
Total number of private households by household type 190
Census-family households 120
One-family-only households 110
Couple-family households 85
Without children 50
With children 35
Lone-parent-family households 20
Other family households 10
One-family households with persons not in a census family 10
Couple-family households 5
Without children 0
With children 5
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 70
One-person households 60
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 190
Single-detached house 175
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 15
Semi-detached house 5
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 190
1 person 65
2 persons 80
3 persons 25
4 persons 20
5 persons 10
6 or more persons 5
Number of persons in private households 415
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.

Useful Links

Advertisement

Website Managed By

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