A home in Mount Royal is worth 94% more than the middle of Ontario’s towns
Owners valued the median home at $1,350,000 in 2021, where the median of Ontario’s towns was $695,000. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Mount Royal. Assessors valued the median residential property at $506,000 for 2024. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario. Mount Royal doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Brampton.
Two ways to price a home in Mount Royal
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.
median, owners’ estimate
- Average
- $1.33M
- Owners
- 1,390
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
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).
Houses in Brampton carry 2.3 times the assessment of the median for Ontario’s towns
In 2024, Brampton had 164,945 residential properties on the roll, detached houses 62% of them and condos 5%.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
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.
Since 2001: 96% of the homes in Mount Royal, where Ontario’s towns have 17%
Mount Royal had 1,470 occupied homes at the 2021 census, 98% of them single-detached houses. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Mount Royal | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 2% | 7% | 8% |
| Needing major repairs | 3% | 6% | 6% |
| Too small for the household | 11% | 5% | 3% |
| Households in core housing need | 4% | 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.
Permits in Brampton ran at 36.7 homes a year per 1,000, where Ontario’s towns ran at 15
Brampton issued permits for 35,927 new homes from 2018 to 2023, or about 5,988 a year. Only 11% went into single-unit buildings, beside 66% for Ontario’s towns.
The busiest year: 2021, with 8,786 new homes
New homes a year per 1,000 homes
35,927 new homes in the 12 months to August 2026, down 13% on the year before
The monthly permits numbers here cover the Toronto metro area
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.
Mount Royal is dearer than most of Ontario’s towns: 94% above their $695,000 median
The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Mount Royal: Vales of Castlemore, Sandalwood East (mountainash) and Sandalwood West (sunny Meadow)
Next to Mount Royal: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Mount Royal | $1.35M | $1.33M | 95% | |
| Vales of Castlemore | $1.25M | $1.29M | 90% | 2.3 |
| Sandalwood East (mountainash) | $950K | $1.01M | 86% | 2.5 |
| Wildfield | $1.6M | $1.69M | 94% | 2.7 |
| Castlemore Estates | $2.5M | $2.84M | 87% | 3.1 |
| Sandalwood West (sunny Meadow) | $1M | $973K | 85% | 3.4 |
| Countryside | $1M | $1.1M | 83% | 4.2 |
Census 2021 values; km.
Questions about property prices in Mount Royal
How many households in Mount Royal are in core housing need?
4% of Mount Royal’s households, under the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is Mount Royal expensive for Ontario?
On census values, Mount Royal ranks among the dearer of Ontario’s towns (median $695,000).
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).