Since 2001, Industrial has built 53% of the homes it has today; Ontario’s towns, 17%
Owners valued the median home at $850,000 at the 2021 census, and the average at $909,010. For Industrial there is no published sale price, as for every town in Ontario. On the 2024 assessment, the middle residential property is valued at $353,000. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices. Behind assessed values, values by property type and building permits sits data gathered across the city of Hamilton, with Industrial one part of it.
What Industrial’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. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $909K
- Owners
- 1,950
- 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).
On the assessment roll, Hamilton’s houses sit 52% above 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.
The homes of Industrial, by period and type
Of the 2,290 homes people lived in across Industrial at the 2021 census, 75% were single-detached houses. 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
| Industrial | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 13% | 7% | 8% |
| Needing major repairs | 2% | 6% | 6% |
| Too small for the household | 3% | 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.
Building at the pace of Ontario’s towns: 16 new homes a year per 1,000 in Hamilton, against 15
Building permits added 20,374 homes in Hamilton between 2018 and 2023: some 3,396 a year. Apartments and other multi-unit buildings dominate: only 15% were single-unit, against 66% for Ontario’s towns.
The busiest year: 2023, with 5,130 new homes
New homes a year per 1,000 homes
Up 8%: 3,048 new homes in the year to August 2026
Shared with the rest of the Hamilton metro area: monthly permits
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.
Industrial is 22% 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 Industrial: Fifty Point, Trillium and Westmeria
Next to Industrial: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Industrial | $850K | $909K | 86% | |
| Fifty Point | $800K | $971K | 92% | 1.9 |
| Trillium | $800K | $913K | 87% | 2.1 |
| Westmeria | $600K | $720K | 93% | 4.1 |
| Guernsey | $695K | $681K | 94% | 4.7 |
| Highway Valley | $800K | $823K | 93% | 5.5 |
| Lakeshore | $452K | $580K | 72% | 5.6 |
Census 2021 values; km.
Questions about property prices in Industrial
How many households in Industrial are in core housing need?
Below the norm for Ontario’s towns (9%): 3% in Industrial, counting the households whose home falls short on cost, size or repair.
Is Industrial expensive for Ontario?
Above the norm for Ontario’s towns, whose median home is worth $695,000; Industrial’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).