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Otter Lake, QC

Updated: Aug 2016
House
Median price $184,900
Monthly growth 184.46 %
Quarterly trend
Stock on market 1.42%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Otter Lake Home Price

Otter Lake was Canada’s 3190th most expensive suburb by listed median house price this month.

Want a cheaply priced house? Then at $184,900 this month, Otter Lake, Quebec is a possibility for you price wise.

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

There are 1047 neighbourhoods that have more properties on sale than Otter Lake at the moment in Quebec which puts the neighbourhood middle range when looking at the number of properties to choose from.

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

In Otter Lake, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

It’s never an exact art, but to try to forecast how property is going to appreciate in Otter Lake for investors, it’s important to look at data like:

Over the last three months in Otter Lake, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Find a mortgage broker in Otter Lake, QC
Beds Median price (House) Median price (Apartment)
1 bedroom $202,200
2 bedrooms $122,400
3 bedrooms $289,000
Demographics
  • Population in 20111109
  • Population in 2006972
  • 2006 to 2011 population change (%)14.1
  • Total private dwellings1130
  • Private dwellings occupied by usual residents498
  • Population density per square kilometre2.4
  • Land area (square km)463.5

Age Characteristics

Total population by age groups 1110
0 to 4 years 35
5 to 9 years 45
10 to 14 years 75
15 to 19 years 60
15 years 15
16 years 15
17 years 10
18 years 10
19 years 10
20 to 24 years 55
25 to 29 years 30
30 to 34 years 35
35 to 39 years 40
40 to 44 years 65
45 to 49 years 100
50 to 54 years 105
55 to 59 years 120
60 to 64 years 110
65 to 69 years 85
70 to 74 years 60
75 to 79 years 35
80 to 84 years 30
85 years and over 15
Median age of the population 50.4
% of the population aged 15 and over 85.9

Marital Status

Total population 15 years and over by marital status 950
Married or living with a common-law partner 610
Married (and not separated) 500
Living common-law 110
Not married and not living with a common-law partner 345
Single (never legally married) 185
Separated 10
Divorced 80
Widowed 70

Family Characteristics

Total number of census families in private households 345
Size of census family: 2 persons 215
Size of census family: 3 persons 55
Size of census family: 4 persons 45
Size of census family: 5 or more persons 20
Total number of census families in private households 340
Total couple families by family structure and number of children 300
Married couples 240
Without children at home 160
With children at home 80
1 child 35
2 children 35
3 or more children 10
Common-law couples 55
Without children at home 30
With children at home 25
1 child 10
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 45
Female parent 35
1 child 20
2 children 10
3 or more children 10
Male parent 10
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 270
Under six years of age 40
6 to 14 years 115
15 to 17 years 40
18 to 24 years 50
25 years and over 25
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 1105
Number of persons not in census families 195
Living with relatives 30
Living with non-relatives only 15
Living alone 150
Number of census family persons 910
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 225
Number of persons not in census families aged 65 years and over 75
Living with relatives 10
Living with non-relatives only 5
Living alone 60
Number of census family persons aged 65 years and over 155
Total number of private households by household type 500
Census-family households 335
One-family-only households 320
Couple-family households 280
Without children 180
With children 100
Lone-parent-family households 35
Other family households 20
One-family households with persons not in a census family 10
Couple-family households 5
Without children 5
With children 0
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 165
One-person households 150
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 495
Single-detached house 450
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 45
Semi-detached house 10
Row house 15
Apartment, duplex 5
Apartment, building that has fewer than five storeys 10
Other single-attached house 5
Total number of private households by household size 495
1 person 150
2 persons 210
3 persons 65
4 persons 45
5 persons 15
6 or more persons 10
Number of persons in private households 1105
Average number of persons in private households 2.2

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