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Property prices in Armour · Census 2021 and Statistics Canada

Home values in Armour run 42% lower than the median of Ontario’s towns

In figures: $400,000 for the median home in 2021, $695,000 for the middle of Ontario’s towns. Statistics Canada doesn’t publish sales in Ontario, so nothing here says what Armour’s homes actually sold for. For 2024, the median assessed value of a residential property is $178,000. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns.

Median home value
$400K
owners’ estimate, census 2021
average $506K
Median assessed value
$178K
2024, on MPAC’s 2016 base
New homes a year
18
permits, 2018–2023
27.7 per 1,000 homes
Owner households
615
census 2021
93% of households
What homes are worth

Armour’s homes, by two sources

Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.

Census 2021$400K

median, owners’ estimate

Average
$506K
Owners
615
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$178K

all residential, MPAC 2016 base

Ontario’s towns
$232K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

By type of home

On the roll, 92% of Armour’s properties are detached houses

Of Armour’s 1,190 residential properties on the 2024 roll, 92% are detached houses.

Assessed value

Median assessment by type, 2024 the tick is the median of Ontario’s towns

Detached houses$249K
Mobile homes$109K
Multi-unit properties$428K
The mix of properties
Detached houses92%
Mobile homes4%
Multi-unit properties4%
1,250 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)

Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.

The homes

A town of houses: 96% of the homes in Armour stand alone (Ontario’s towns: 60%)

Armour had 665 occupied homes at the 2021 census. Half or more were standing by 2000.

When they were built

Homes by period of construction the tick is the median of Ontario’s towns

Before 196121%
1961–198017%
1981–200043%
2001–201512%
2016–20215%
What kind of home

Homes by kind

Single-detached houses96%
Semi-detached housesunder 1%
Row housesunder 1%
Flats in a duplex2%
Apartments, under 5 storeys2%
Apartments, 5+ storeysunder 1%
Other attached1%
Movable dwellings1%
Against the median town of the province and of Canada
ArmourOntarioCanada
Condominiums2%7%8%
Needing major repairs9%6%6%
Too small for the household3%5%3%
Households in core housing need22%9%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

New homes

Permits in Armour ran at 27.7 homes a year per 1,000, where Ontario’s towns ran at 15

Building permits added 110 homes in Armour between 2018 and 2023: some 18 a year. Most were houses: 86% went into single-unit buildings, against 66% for Ontario’s towns.

Permits by year, 2018–2023

The busiest year: 2023, with 30 new homes

Single-unit buildingsTwo or more units
0102030201820192020202120222023
The pace

New homes a year per 1,000 homes

Armour27.7
Ontario’s towns15
The typical Canadian town13.8
$5.99M
of new residential construction a year, 2019–2023

Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.

Across Ontario

Armour is 42% below the $695,000 median of Ontario’s towns

The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Armour: Burk's Falls and Strong

Next to Armour: 2021 census values and the share of owners.

Burk's FallsPerryKearneyStrongBurk's FallsPerryKearneyStrongArmour
Prices next door
TownMedian home valueAverageOwnerskm
Armour$400K$506K93%
Burk's Falls$324K$340K61%6.1
Perry$400K$484K90%8.1
Kearney$500K$558K92%12
Strong$352K$456K88%15

Census 2021 values; km.

Questions about property prices in Armour

How many households in Armour are in core housing need?

22% of Armour’s households, above the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.

Is Armour expensive for Ontario?

Cheaper than the middle: Ontario’s towns come to $695,000, Armour to less.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).