The middle home in Templemead is valued at $695,000
Some 1,005 owner households gave their home’s value to the 2021 census. No sale stands behind these values: owners named them at the census of May 2021. No open sale prices are published in Ontario, so for Templemead the census value is the measure.
What Templemead’s homes are worth, two ways
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. 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.
median, owners’ estimate
- Average
- $675K
- Owners
- 1,005
- 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). · Shared with the rest of the city of Hamilton: assessed values, values by property type and building permits
Houses in Hamilton carry assessments 52% over the middle 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.
Templemead’s homes: when they went up and what they are
1,370 occupied homes stood in Templemead in 2021, and single-detached houses made up 57% of them. At least half predate 2001. 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
| Templemead | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 10% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 7% | 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
Building permits added 20,374 homes in Hamilton between 2018 and 2023: some 3,396 a year. 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
Rising: 3,048 new homes in the 12 months to August 2026, 8% more
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.
Templemead sits close to the $695,000 median of Ontario’s towns
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 Templemead: Quinndale, Berrisfield and Lisgar
The places around Templemead at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Templemead | $695K | $675K | 73% | |
| Quinndale | $500K | $548K | 69% | 0.7 |
| Eleanor | $755K | $747K | 88% | 0.9 |
| Rushdale | $750K | $731K | 84% | 1.6 |
| Berrisfield | $650K | $587K | 64% | 1.7 |
| Lisgar | $650K | $676K | 68% | 1.8 |
| Butler | $700K | $703K | 72% | 1.9 |
Census 2021 values; km.
Questions about property prices in Templemead
How many households in Templemead are in core housing need?
In line with Ontario’s towns (9%): 7% in Templemead, counting the households whose home falls short on cost, size or repair.
Is Templemead expensive for Ontario?
About average: Templemead’s census median is close to 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).