Photo: JFVoll · CC BY-SA 4.0In Strathcona, 50% of households live in an apartment (Ontario’s towns: 13%)
Asked in 2021, owners gave a median value of $600,000; averaged, their homes came to $607,021. No sales are published for towns in Ontario, Strathcona included, so owners’ values are the measure. For 2024, the median assessed value of a residential property is $353,000. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario. Strathcona doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Hamilton.
Two ways to price a home in Strathcona
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.
median, owners’ estimate
- Average
- $607K
- Owners
- 1,930
- 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).
A detached house in Hamilton is assessed 52% higher than across Ontario’s towns
In 2024, Hamilton had 178,695 residential properties on the roll, detached houses 71% of them and 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.
57% of Strathcona’s homes predate 1961, against 22% for Ontario’s towns
At the 2021 census, Strathcona had 4,425 homes with someone living in them. 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
| Strathcona | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 7% | 7% | 8% |
| Needing major repairs | 10% | 6% | 6% |
| Too small for the household | 8% | 5% | 3% |
| Households in core housing need | 18% | 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.
16 new homes a year per 1,000 in Hamilton: in step with Ontario’s towns (15)
From 2018 to 2023, permits in Hamilton created 20,374 homes, about 3,396 a year. Only 15% went into single-unit buildings, beside 66% for Ontario’s towns.
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
Measured across 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.
Strathcona is cheaper than most of Ontario’s towns: 14% under their $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.
Cheaper next to Strathcona: Durand and Corktown
Next to Strathcona: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Strathcona | $600K | $607K | 44% | |
| Central | $580K | $581K | 28% | 1 |
| Kirkendall North | $700K | $744K | 49% | 1.1 |
| Durand | $448K | $682K | 19% | 1.3 |
| Westdale South | $755K | $878K | 38% | 1.6 |
| Kirkendall South | $900K | $974K | 80% | 1.8 |
| Corktown | $400K | $467K | 19% | 2.1 |
Census 2021 values; km.
Questions about property prices in Strathcona
How many households in Strathcona are in core housing need?
Statistics Canada puts 18% of Strathcona’s households in core housing need, a higher share than the 9% of Ontario’s towns.
Is Strathcona expensive for Ontario?
No: Strathcona’s census median is below 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).