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Property prices in Rosemount · Census 2021 and Statistics Canada

An apartment town: 36% of Rosemount’s homes, against 13% across Ontario’s towns

Census values for 2021: a median of $695,000 and an average of $686,154. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Rosemount. The 2024 property assessment puts the median residential property at $309,000. 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. For assessed values, values by property type and building permits, the only official count covers all of the city of Kitchener, Rosemount included.

Median home value
$695K
owners’ estimate, census 2021
average $686K
Median assessed value
$309K
2024, on MPAC’s 2016 base
New homes a year
2,921
permits, 2018–2023
32.5 per 1,000 homes
Owner households
1,560
census 2021
56% of households
What homes are worth

Two ways to price a home in Rosemount

Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.

Census 2021$695K

median, owners’ estimate

Average
$686K
Owners
1,560
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$309K

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).

By type of home

Houses in Kitchener carry assessments 37% over the middle of Ontario’s towns

In 2024, Kitchener had 81,065 residential properties on the roll, detached houses 60% of them and condos 13%.

Assessed value

Median assessment by type, 2024 the tick is the median of Ontario’s towns

Detached houses$347K
Semi-detached$262K
Row houses$255K
Condos$191K
Multi-unit properties$411K
The mix of properties
Detached houses60%
Row houses16%
Condos13%
Semi-detached7%
Multi-unit properties3%
1,810 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
807 sq ft
living area of the median condo
73%
of properties lived in by their owner

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.

The homes

50% of Rosemount’s homes predate 1961, against 22% for Ontario’s towns

Rosemount had 2,790 occupied homes at the 2021 census. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

Homes by period of construction the tick is the median of Ontario’s towns

Before 196150%
1961–198038%
1981–20006%
2001–20153%
2016–20211%
What kind of home

Homes by kind

Single-detached houses58%
Semi-detached houses2%
Row houses1%
Flats in a duplex3%
Apartments, under 5 storeys30%
Apartments, 5+ storeys6%
Against the median town of the province and of Canada
RosemountOntarioCanada
Condominiumsunder 1%7%8%
Needing major repairs6%6%6%
Too small for the household5%5%3%
Households in core housing need9%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.

New homes

Permits in Kitchener ran at 32.5 homes a year per 1,000, where Ontario’s towns ran at 15

Over 2018–2023, 17,524 homes were permitted in Kitchener, close to 2,921 each year. Very few were houses: 13% in single-unit buildings (Ontario’s towns: 66%).

Permits by year, 2018–2023

The busiest year: 2023, with 4,095 new homes

Single-unit buildingsTwo or more units
01,0002,0003,0004,0005,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Kitchener32.5
Ontario’s towns15
The typical Canadian town13.8
$689M
of new residential construction a year, 2019–2023
The metro area

4,795 new homes in the 12 months to August 2026, down 10% on the year before

02,0004,0006,0008,00020212022202320242025

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. · Area behind the monthly permits figures: the Kitchener-Cambridge-Waterloo metro area

Across Ontario

Rosemount sits near the middle of Ontario’s towns ($695,000)

The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.

Cheaper next to Rosemount: Auditorium and Stanley Park

The places around Rosemount at the 2021 census: median and average value, and how many own.

Heritage ParkGrand River NorthAuditoriumStanley ParkCentral FrederickBridgeport EastHeritage ParkGrand River NorthAuditoriumStanley ParkCentral FrederickBridgeport EastRosemount
Prices next door
TownMedian home valueAverageOwnerskm
Rosemount$695K$686K56%
Heritage Park$695K$643K49%1
Grand River North$700K$708K91%1.7
Auditorium$650K$693K60%1.7
Stanley Park$628K$618K60%1.8
Central Frederick$695K$649K45%1.8
Bridgeport East$700K$672K67%2.1

Census 2021 values; km.

Questions about property prices in Rosemount

How many households in Rosemount are in core housing need?

In Rosemount, 9% of households are in core housing need, close to the 9% of 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 Rosemount expensive for Ontario?

In the middle: Ontario’s towns come to $695,000, and so, near enough, does Rosemount.

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).