Home values in Riverdale West run 39% lower than the median of Ontario’s towns
The census median was $424,000 in 2021, against $695,000 for Ontario’s towns. The census asks owners what their home would sell for, so the values are estimates from May 2021. What homes sold for in Riverdale West isn’t public: no sale figures are released in Ontario.
Two ways to price a home in Riverdale West
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. 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. Nobody publishes assessed values, values by property type and building permits for Riverdale West alone, so this card uses the figure for the city of Hamilton.
median, owners’ estimate
- Average
- $489K
- Owners
- 440
- 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).
Hamilton’s detached houses are assessed 52% above the median 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.
84% of Riverdale West lives in apartments, where Ontario’s towns have 13%
People lived in 2,800 homes in Riverdale West at the 2021 census. Half or more were standing by 1980. 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
| Riverdale West | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 11% | 7% | 8% |
| Needing major repairs | 9% | 6% | 6% |
| Too small for the household | 19% | 5% | 3% |
| Households in core housing need | 28% | 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.
Hamilton permitted 16 new homes a year per 1,000, close to the 15 of Ontario’s towns
Hamilton issued permits for 20,374 new homes from 2018 to 2023, or about 3,396 a year. Very few were houses: 15% in single-unit buildings (Ontario’s towns: 66%).
The busiest year: 2023, with 5,130 new homes
New homes a year per 1,000 homes
Rising: 3,048 new homes in the 12 months to August 2026, 8% more
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
Riverdale West against Ontario’s towns: 39% under the $695,000 median
The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Riverdale West’s neighbours by home value
The places around Riverdale West at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Riverdale West | $424K | $489K | 16% | |
| Riverdale East | $745K | $660K | 73% | 1.1 |
| Kentley | $700K | $678K | 40% | 1.3 |
| Stoney Creek | $700K | $675K | 39% | 1.5 |
| Battlefield | $650K | $641K | 52% | 1.5 |
| Eastdale | $650K | $701K | 92% | 1.8 |
| Corman | $650K | $619K | 60% | 1.9 |
Census 2021 values; km.
Questions about property prices in Riverdale West
How many households in Riverdale West are in core housing need?
28% of Riverdale West’s households, above the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.
Is Riverdale West expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Riverdale West’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).