Lambton Shores Real Estate

Lambton Shores City Guide

Located in Ontario, the city of Lambton Shores has a population of 10,656. The -4.4% population growth for this city is below average when compared to other Canadian cities.

There are 9.21% of immigrants in in Lambton Shores, 0.24% of which are recent immigrants to Canada. Other than English, the most common language spoken is Dutch, with 3% of residents reporting it as their mother tongue. The largest cultural community within Lambton Shores is English at 39%, followed by Canadian at 32% and Scottish at 29%.

Lambton Shores offers good employment opportunities with an unemployment rate that sits near 7%, which is above average when compared to other cities. Approximately 50% of residents hold a university degree. Residents can expect an exceptional quality of life in Lambton Shores based upon an above average median family income of $62,167.

According to Statistics Canada 91% of Lambton Shores residents drive. About 8% of residents that are already established within the city will move within a year, while 28% will move within five years.

Lambton Shores's population is higher than average when it comes to homeownership, with 83% owning a home and 17% renting. The median monthly mortgage cost is estimated to be about $661, which is above average when compared to renters in other Canadian cities.

In the Canadian real estate context, Lambton Shores is a good place to establish a foothold in the real estate market.