Photo: JFVoll · CC BY-SA 4.0Homes in Colborne are worth 37% more than the median of Ontario’s towns
The 2021 census gives $950,000 as the median value; Ontario’s towns come to $695,000. Self-assessed in May 2021, these values predate the rate rises that followed. What homes sold for in Colborne isn’t public: no sale figures are released in Ontario.
What Colborne’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. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
median, owners’ estimate
- Average
- $1.04M
- Owners
- 2,390
- 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). · Area-wide: assessed values, values by property type and building permits, counted over the city of Hamilton
Houses in Hamilton carry assessments 52% over the middle of Ontario’s towns
The 2024 assessment roll counts 178,695 homes in Hamilton: detached houses make 71% of them, condos 6%.
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.
86% of Colborne’s homes are detached houses, where Ontario’s towns have 60%
Colborne had 2,765 occupied homes at the 2021 census. Most of them predate 1961. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Colborne | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 2% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 2% | 5% | 3% |
| Households in core housing need | 3% | 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 Hamilton ran at 16 homes a year per 1,000, near the 15 of Ontario’s towns
Building permits added 20,374 homes in Hamilton between 2018 and 2023: some 3,396 a year. Multi-unit buildings took most: single-unit ones were just 15%, where Ontario’s towns built 66%.
The busiest year: 2023, with 5,130 new homes
New homes a year per 1,000 homes
3,048 new homes in the 12 months to August 2026, up 8% on the year before
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. · Area behind the monthly permits figures: the Hamilton metro area
Colborne is dearer than most of Ontario’s towns: 37% above their $695,000 median
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.
Lower values near Colborne: Golf Course, York Road and Central Business Dis
The places around Colborne at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Colborne | $950K | $1.04M | 88% | |
| Golf Course | $700K | $844K | 88% | 2.4 |
| York Road | $900K | $899K | 74% | 2.4 |
| Central Business Dis | $700K | $733K | 46% | 2.5 |
| Turnball | $850K | $898K | 89% | 3.1 |
| Ainslie Wood West | $600K | $577K | 23% | 3.9 |
| Ainslie Wood East | $650K | $689K | 48% | 4.6 |
Census 2021 values; km.
Questions about property prices in Colborne
How many households in Colborne are in core housing need?
In Colborne, 3% 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 Colborne expensive for Ontario?
Yes: Colborne’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).