Photo: JFVoll · CC BY-SA 4.0A median $700,000: what owners say homes in Grand River North are worth
1,255 owner households answered the census question on value in 2021. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch. What homes sold for in Grand River North isn’t public: no sale figures are released in Ontario.
What Grand River North’s homes are worth, two ways
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. 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.
median, owners’ estimate
- Average
- $708K
- Owners
- 1,255
- 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). · Source area for assessed values, values by property type and building permits: the city of Kitchener
On the assessment roll, Kitchener’s houses sit 37% above Ontario’s towns
Of Kitchener’s 81,065 residential properties on the 2024 roll, 60% are detached houses and 13% 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.
90% of Grand River North’s homes are detached houses, where Ontario’s towns have 60%
The 2021 census counted 1,385 occupied homes in Grand River North. 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
| Grand River North | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 2% | 6% | 6% |
| Too small for the household | 4% | 5% | 3% |
| Households in core housing need | 2% | 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 ahead of Ontario’s towns: 32.5 new homes a year per 1,000 in Kitchener, against 15
Building permits added 17,524 homes in Kitchener between 2018 and 2023: some 2,921 a year. Very few were houses: 13% in single-unit buildings (Ontario’s towns: 66%).
The busiest year: 2023, with 4,095 new homes
New homes a year per 1,000 homes
Down 10%: 4,795 new homes in the year to August 2026
Measured across the Kitchener-Cambridge-Waterloo 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.
Grand River North sits close to the $695,000 median of Ontario’s towns
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Grand River North: Stanley Park and Auditorium
Next to Grand River North: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Grand River North | $700K | $708K | 91% | |
| Heritage Park | $695K | $643K | 49% | 0.9 |
| Rosemount | $695K | $686K | 56% | 1.7 |
| Idlewood | $800K | $832K | 90% | 2 |
| Stanley Park | $628K | $618K | 60% | 2.4 |
| Grand River South | $850K | $859K | 84% | 2.6 |
| Auditorium | $650K | $693K | 60% | 3.4 |
Census 2021 values; km.
Questions about property prices in Grand River North
How many households in Grand River North are in core housing need?
Statistics Canada puts 2% of Grand River North’s households in core housing need, a smaller share than the 9% of Ontario’s towns.
Is Grand River North expensive for Ontario?
About average: Grand River North’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).