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Property prices in Binbrook · Census 2021 and Statistics Canada

80% of Binbrook’s homes have been built since 2001, against 17% for Ontario’s towns

The 2021 census put the median home at $800,000, with an average of $831,079. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Binbrook. The 2024 property assessment puts the median residential property at $353,000. 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. For assessed values, values by property type and building permits, the only official count covers all of the city of Hamilton, Binbrook included.

Median home value
$800K
owners’ estimate, census 2021
average $831K
Median assessed value
$353K
2024, on MPAC’s 2016 base
New homes a year
3,396
permits, 2018–2023
16 per 1,000 homes
Owner households
6,260
census 2021
88% of households
What homes are worth

What Binbrook’s homes are worth, two ways

Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. Those values come from owners at the 2021 census and predate the prices of the years since.

Census 2021$800K

median, owners’ estimate

Average
$831K
Owners
6,260
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$353K

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

A detached house in Hamilton is assessed 52% higher than across Ontario’s towns

Assessors listed 178,695 residential properties in Hamilton for 2024, 71% of them detached houses and 6% condos.

Assessed value

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

Detached houses$385K
Semi-detached$290K
Row houses$328K
Condos$215K
Multi-unit properties$359K
The mix of properties
Detached houses71%
Row houses14%
Condos6%
Semi-detached4%
Multi-unit properties3%
1,810 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
833 sq ft
living area of the median condo
80%
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

How Binbrook’s homes break down, by age and kind

7,095 occupied homes stood in Binbrook in 2021, and single-detached houses made up 65% of them. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

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

Before 19616%
1961–19809%
1981–20005%
2001–201560%
2016–202120%
What kind of home

Homes by kind

Single-detached houses65%
Semi-detached houses1%
Row houses32%
Flats in a duplexunder 1%
Apartments, under 5 storeys2%
Apartments, 5+ storeysunder 1%
Against the median town of the province and of Canada
BinbrookOntarioCanada
Condominiums13%7%8%
Needing major repairs2%6%6%
Too small for the household4%5%3%
Households in core housing need5%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

16 new homes a year per 1,000 in Hamilton: in step with Ontario’s towns (15)

Over 2018–2023, 20,374 homes were permitted in Hamilton, close to 3,396 each year. Apartments and other multi-unit buildings dominate: only 15% were single-unit, against 66% for Ontario’s towns.

Permits by year, 2018–2023

A peak in 2023: 5,130 new homes

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

New homes a year per 1,000 homes

Hamilton16
Ontario’s towns15
The typical Canadian town13.8
$969M
of new residential construction a year, 2019–2023
The metro area

Up 8%: 3,048 new homes in the year to August 2026

02,0004,0006,00020212022202320242025

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. · Not measured by town: monthly permits (the Hamilton metro area)

Across Ontario

Binbrook against Ontario’s towns: 15% over the $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.

Lower values near Binbrook: Valley Park and Templemead

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

TrinityHighlandValley ParkFelkerTemplemeadAlbionTrinityHighlandValley ParkFelkerTemplemeadAlbionBinbrook
Prices next door
TownMedian home valueAverageOwnerskm
Binbrook$800K$831K88%
Trinity$800K$901K70%4
Highland$800K$807K86%4.1
Valley Park$750K$718K92%5.1
Felker$800K$767K84%5.2
Templemead$695K$675K73%5.9
Albion$800K$776K75%6

Census 2021 values; km.

Questions about property prices in Binbrook

How many households in Binbrook are in core housing need?

In Binbrook, 5% of households are in core housing need, against 9% for 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.

Is Binbrook expensive for Ontario?

Yes: Binbrook’s census median is above the $695,000 of Ontario’s towns.

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).