A newly built town: 88% of the homes in Fifty Point date from 2001 or later (Ontario’s towns: 17%)
By the 2021 census, half of owned homes were worth more than $800,000; the average was $970,843. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Fifty Point. For 2024, the median assessed value of a residential property is $353,000. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns. Figures for assessed values, values by property type and building permits are published for the city of Hamilton as a whole, not for Fifty Point alone.
What Fifty Point’s homes are worth, two ways
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.
median, owners’ estimate
- Average
- $971K
- Owners
- 985
- 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 Hamilton carry assessments 52% over the middle of Ontario’s towns
Assessors listed 178,695 residential properties in Hamilton for 2024, 71% of them detached houses and 6% condos.
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.
87% of Fifty Point’s homes are detached houses, where Ontario’s towns have 60%
Fifty Point had 1,080 occupied homes at the 2021 census. 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
| Fifty Point | Ontario | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 7% | 8% |
| Needing major repairs | 1% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | under 1% | 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
Some 3,396 homes a year: 20,374 in all were permitted in Hamilton from 2018 to 2023. Very few were houses: 15% in single-unit buildings (Ontario’s towns: 66%).
Most in 2023: 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
Area-wide: monthly permits, counted over the Hamilton 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.
Fifty Point is 15% above 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.
Lower values near Fifty Point: Westmeria, Guernsey and Lakeshore
Next to Fifty Point: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Fifty Point | $800K | $971K | 92% | |
| Industrial | $850K | $909K | 86% | 1.9 |
| Trillium | $800K | $913K | 87% | 3.9 |
| Westmeria | $600K | $720K | 93% | 6 |
| Grimsby | $780K | $814K | 83% | 6.3 |
| Guernsey | $695K | $681K | 94% | 6.5 |
| Lakeshore | $452K | $580K | 72% | 7.3 |
Census 2021 values; km.
Questions about property prices in Fifty Point
How many households in Fifty Point are in core housing need?
Fewer than most: under 1% of households in Fifty Point, where Ontario’s towns sit at 9%.
Is Fifty Point expensive for Ontario?
Above the norm for Ontario’s towns, whose median home is worth $695,000; Fifty Point’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).