Photo: Laslovarga · CC BY-SA 3.0Homes from 2001 on make up 41% of Waterdown, where Ontario’s towns have 17%
The middle home was worth $900,000 at the 2021 census, the average $923,477. Self-assessed in May 2021, these values predate the rate rises that followed. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Waterdown.
Two ways to price a home in Waterdown
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices. Waterdown 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, owners’ estimate
- Average
- $923K
- Owners
- 6,895
- 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
Of Hamilton’s 178,695 residential properties on the 2024 roll, 71% are detached houses and 6% are 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.
Waterdown’s homes: when they went up and what they are
Waterdown had 8,265 occupied homes at the 2021 census, 61% of them single-detached houses. 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
| Waterdown | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 11% | 7% | 8% |
| Needing major repairs | 2% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 4% | 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
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.
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
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
Waterdown is 29% above 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 Waterdown: North End East, Strathcona and Central
The places around Waterdown at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Waterdown | $900K | $923K | 84% | |
| York Road | $900K | $899K | 74% | 7.1 |
| Burlington | $900K | $1.02M | 75% | 7.9 |
| North End East | $592K | $591K | 55% | 8 |
| Colborne | $950K | $1.04M | 88% | 8 |
| Strathcona | $600K | $607K | 44% | 8.1 |
| Central | $580K | $581K | 28% | 8.2 |
Census 2021 values; km.
Questions about property prices in Waterdown
How many households in Waterdown are in core housing need?
In Waterdown, 4% of households are in core housing need, against 9% for Ontario’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Is Waterdown expensive for Ontario?
On census values, Waterdown ranks among the dearer of Ontario’s towns (median $695,000).
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).