Photo: P199 · CC BY-SA 2.5Homes in Espanola are worth 67% less than the median of Ontario’s towns
At the 2021 census the median home was worth $230,000, where Ontario’s towns sit at $695,000. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Espanola. For 2024, the median assessed value of a residential property is $144,000. 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.
Espanola’s homes, by two sources
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.
median, owners’ estimate
- Average
- $250K
- Owners
- 1,745
- 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).
Espanola’s detached houses are assessed 39% below the median of Ontario’s towns
Detached houses account for 92% of the 2,020 properties on Espanola’s 2024 roll.
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.
An older stock than most: 38% of Espanola’s homes go back before 1961 (Ontario’s towns: 22%)
Of the 2,305 homes people lived in across Espanola at the 2021 census, 81% were single-detached houses.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Espanola | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 8% | 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.
4.9 new homes a year per 1,000 in Espanola: fewer than Ontario’s towns (15)
Over 2018–2023, 63 homes were permitted in Espanola, close to 11 each year. Single-unit buildings took 44%, the rest buildings of two or more, against 66% for Ontario’s towns.
Most in 2022: 19 new homes
New homes a year per 1,000 homes
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.
Espanola is 67% below the $695,000 median of Ontario’s towns
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Home values around Espanola
The places around Espanola at the 2021 census: median and average value, and how many own. Distances here run 18–67 km: that is how far the nearest places with figures are from Espanola.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Espanola | $230K | $250K | 76% | |
| Sables-Spanish Rivers | $230K | $268K | 86% | 18 |
| Little Current | $300K | $360K | 82% | 33.2 |
| Assiginack | $300K | $366K | 82% | 56.1 |
| Central Manitoulin | $348K | $376K | 76% | 66.5 |
| Greater Sudbury / Grand Sudbury | $348K | $380K | 65% | 66.8 |
Census 2021 values; km.
Questions about property prices in Espanola
Is Espanola expensive for Ontario?
Cheaper than the middle: Ontario’s towns come to $695,000, Espanola to less.
How many households in Espanola are in core housing need?
In Espanola, 8% of households are in core housing need, close to the 9% of Ontario’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
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).