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Spring Bay, ON

Updated: Aug 2016
House
Median price $319,000
Monthly growth 4.41 %
Quarterly trend
Stock on market 0.32%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Spring Bay Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Spring Bay is number 1290 putting it in the top half of the country .

While the median for Ontario is $349,900 , which means that Spring Bay’s median price is $319,000 better than average than the rest of the province.

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

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Spring Bay has fewer than average compared to the rest of the province

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

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

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Spring Bay have stayed pretty much the same which would tend to indicate that demand is steady.

Find a mortgage broker in Spring Bay, ON
Beds Median price (House) Median price (Apartment)
3 bedrooms $319,000
Demographics
  • Total private dwellings1541
  • Private dwellings occupied by usual residents881
  • Population density per square kilometre4.5
  • Land area (square km)431.53
  • Population in 20111958
  • Population in 20061944
  • 2006 to 2011 population change (%)0.7

Age Characteristics

Total population by age groups 1960
0 to 4 years 65
5 to 9 years 70
10 to 14 years 90
15 to 19 years 95
15 years 25
16 years 15
17 years 20
18 years 15
19 years 20
20 to 24 years 65
25 to 29 years 70
30 to 34 years 65
35 to 39 years 70
40 to 44 years 100
45 to 49 years 150
50 to 54 years 170
55 to 59 years 195
60 to 64 years 195
65 to 69 years 190
70 to 74 years 150
75 to 79 years 110
80 to 84 years 55
85 years and over 45
Median age of the population 53.7
% of the population aged 15 and over 88.5

Marital Status

Total population 15 years and over by marital status 1730
Married or living with a common-law partner 1180
Married (and not separated) 1055
Living common-law 120
Not married and not living with a common-law partner 555
Single (never legally married) 305
Separated 45
Divorced 85
Widowed 120

Family Characteristics

Total number of census families in private households 635
Size of census family: 2 persons 430
Size of census family: 3 persons 100
Size of census family: 4 persons 65
Size of census family: 5 or more persons 40
Total number of census families in private households 635
Total couple families by family structure and number of children 585
Married couples 520
Without children at home 365
With children at home 155
1 child 65
2 children 60
3 or more children 30
Common-law couples 65
Without children at home 40
With children at home 25
1 child 15
2 children 0
3 or more children 5
Total lone-parent families by sex of parent and number of children 55
Female parent 40
1 child 25
2 children 15
3 or more children 5
Male parent 10
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 405
Under six years of age 80
6 to 14 years 145
15 to 17 years 60
18 to 24 years 80
25 years and over 45
Average number of children at home per census family 0.6

Household And Dwelling Characteristics

Total number of persons in private households 1915
Number of persons not in census families 290
Living with relatives 15
Living with non-relatives only 35
Living alone 240
Number of census family persons 1625
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 540
Number of persons not in census families aged 65 years and over 140
Living with relatives 5
Living with non-relatives only 10
Living alone 125
Number of census family persons aged 65 years and over 395
Total number of private households by household type 880
Census-family households 625
One-family-only households 600
Couple-family households 560
Without children 385
With children 170
Lone-parent-family households 45
Other family households 25
One-family households with persons not in a census family 15
Couple-family households 15
Without children 5
With children 10
Lone-parent-family households 0
Two-or-more-family households 10
Non-census-family households 255
One-person households 240
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 880
Single-detached house 805
Apartment, building that has five or more storeys 0
Movable dwelling 5
Other dwelling 70
Semi-detached house 0
Row house 0
Apartment, duplex 10
Apartment, building that has fewer than five storeys 60
Other single-attached house 0
Total number of private households by household size 880
1 person 240
2 persons 420
3 persons 100
4 persons 70
5 persons 40
6 or more persons 10
Number of persons in private households 1915
Average number of persons in private households 2.2

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