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D−Cost of living Grade
Property prices in Macassa · Census 2021 and Statistics Canada

An apartment town: 34% of Macassa’s homes, against 13% across Ontario’s towns

A median of $600,000 and a mean of $604,971: that is how owners valued their homes in 2021. No open sale prices are published in Ontario, so for Macassa the census value is the measure. For 2024, the median assessed value of a residential property is $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. Macassa doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Hamilton.

Median home value
$600K
owners’ estimate, census 2021
average $605K
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
690
census 2021
61% of households
What homes are worth

Macassa’s homes, by two sources

Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.

Census 2021$600K

median, owners’ estimate

Average
$605K
Owners
690
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

Hamilton’s detached houses are assessed 52% above the median of 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

58% of Macassa’s homes predate 1961, against 22% for Ontario’s towns

People lived in 1,135 homes in Macassa at the 2021 census. 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 196158%
1961–198037%
1981–20003%
2001–2015under 1%
2016–20211%
What kind of home

Homes by kind

Single-detached houses64%
Semi-detached housesunder 1%
Row housesunder 1%
Flats in a duplex2%
Apartments, under 5 storeys14%
Apartments, 5+ storeys20%
Against the median town of the province and of Canada
MacassaOntarioCanada
Condominiums2%7%8%
Needing major repairs6%6%6%
Too small for the household2%5%3%
Households in core housing need13%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

Hamilton permitted 16 new homes a year per 1,000, close to the 15 of Ontario’s towns

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.

Permits by year, 2018–2023

The busiest year: 2023, with 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

Rising: 3,048 new homes in the 12 months to August 2026, 8% more

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. · Monthly permits: one figure for all of the Hamilton metro area

Across Ontario

Macassa against Ontario’s towns: 14% under the $695,000 median

The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Macassa: Raleigh and Eastmount

The places around Macassa at the 2021 census: median and average value, and how many own.

Hampton HeightsBurkholmeRaleighLawfieldEastmountBerrisfieldHampton HeightsBurkholmeRaleighLawfieldEastmountBerrisfieldMacassa
Prices next door
TownMedian home valueAverageOwnerskm
Macassa$600K$605K61%
Hampton Heights$600K$586K57%0.4
Burkholme$600K$593K57%0.9
Raleigh$552K$561K61%1
Lawfield$600K$659K58%1.3
Eastmount$500K$524K66%1.5
Berrisfield$650K$587K64%1.5

Census 2021 values; km.

Questions about property prices in Macassa

How many households in Macassa are in core housing need?

Above the norm for Ontario’s towns (9%): 13% in Macassa, counting the households whose home falls short on cost, size or repair.

Is Macassa expensive for Ontario?

Below the norm for Ontario’s towns, whose median home is worth $695,000; Macassa’s is worth less.

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).