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D−Cost of living Grade
Property prices in Sheridan · Census 2021 and Statistics Canada

Apartments make up 42% of the homes in Sheridan, where Ontario’s towns have 13%

Owners valued the median home at $800,000 at the 2021 census, and the average at $770,326. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. What homes sold for in Sheridan isn’t public: no sale figures are released in Ontario.

Median home value
$800K
owners’ estimate, census 2021
average $770K
Median assessed value
$506K
2024, on MPAC’s 2016 base
New homes a year
5,988
permits, 2018–2023
36.7 per 1,000 homes
Owner households
2,115
census 2021
66% of households
What homes are worth

Sheridan’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. 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.

Census 2021$800K

median, owners’ estimate

Average
$770K
Owners
2,115
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$506K

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). · Assessed values, values by property type and building permits: one figure for all of the city of Brampton

By type of home

Houses in Brampton carry 2.3 times the assessment of the median for Ontario’s towns

Of Brampton’s 164,945 residential properties on the 2024 roll, 62% are detached houses and 5% are condos.

Assessed value

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

Detached houses$585K
Semi-detached$437K
Row houses$408K
Condos$226K
The mix of properties
Detached houses62%
Semi-detached17%
Row houses15%
Condos5%
2,440 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
961 sq ft
living area of the median condo
84%
of properties lived in by their owner

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

Condominiums are 30% of Sheridan’s homes, against 7% for Ontario’s towns

The 2021 census counted 3,220 occupied homes in Sheridan. Half or more were standing by 2000. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

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

Before 19613%
1961–19808%
1981–200071%
2001–201514%
2016–20213%
What kind of home

Homes by kind

Single-detached houses21%
Semi-detached housesunder 1%
Row houses15%
Flats in a duplex21%
Apartments, under 5 storeys9%
Apartments, 5+ storeys34%
Against the median town of the province and of Canada
SheridanOntarioCanada
Condominiums30%7%8%
Needing major repairs3%6%6%
Too small for the household19%5%3%
Households in core housing need17%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

Building ahead of Ontario’s towns: 36.7 new homes a year per 1,000 in Brampton, against 15

Building permits added 35,927 homes in Brampton between 2018 and 2023: some 5,988 a year. Only 11% went into single-unit buildings, beside 66% for Ontario’s towns.

Permits by year, 2018–2023

Most in 2021: 8,786 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,00010,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Brampton36.7
Ontario’s towns15
The typical Canadian town13.8
$838M
of new residential construction a year, 2019–2023
The metro area

Slowing: 35,927 new homes in the 12 months to August 2026, 13% fewer

020,00040,00060,00020212022202320242025

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.

Across Ontario

Sheridan is dearer than most of Ontario’s towns: 15% above their $695,000 median

871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

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

Sheridan’s neighbours by home value

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

County CourtHickory WoodsRidgehill / Armbro HeightsPeel VillageMeadowvale VillageFletchers WestCounty CourtHickory WoodsRidgehill / Armbro HeightsPeel VillageMeadowvale VillageFletchers WestSheridan
Prices next door
TownMedian home valueAverageOwnerskm
Sheridan$800K$770K66%
County Court$900K$942K85%1
Hickory Woods$900K$897K59%1.5
Ridgehill / Armbro Heights$850K$808K51%2.1
Peel Village$850K$839K61%2.8
Meadowvale Village$1M$1.1M90%2.8
Fletchers West$900K$900K81%3

Census 2021 values; km.

Questions about property prices in Sheridan

How many households in Sheridan are in core housing need?

More than most: 17% of households in Sheridan, where Ontario’s towns sit at 9%.

Is Sheridan expensive for Ontario?

Above the norm for Ontario’s towns, whose median home is worth $695,000; Sheridan’s is worth more.

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).