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St. Stephen Lutheran Church (2026) - Kitchener, ONPhoto: JFVoll · CC BY-SA 3.0
D−Cost of living Grade
Property prices in Southdale · Census 2021 and Statistics Canada

An apartment town: 55% of Southdale’s homes, against 13% across Ontario’s towns

The 2021 census put the median home at $500,000, with an average of $519,075. No sale stands behind these values: owners named them at the census of May 2021. Statistics Canada doesn’t publish sales in Ontario, so nothing here says what Southdale’s homes actually sold for.

Median home value
$500K
owners’ estimate, census 2021
average $519K
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
865
census 2021
36% of households
What homes are worth

Southdale’s homes, by two sources

Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.

Census 2021$500K

median, owners’ estimate

Average
$519K
Owners
865
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). · Assessed values, values by property type and building permits: one figure for all of the city of Kitchener

By type of home

A detached house in Kitchener is assessed 37% higher than across 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

Core housing need: 19% of Southdale’s households, where Ontario’s towns sit at 9%

At the 2021 census, Southdale had 2,385 homes with someone living in them. At least half predate 1981. 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 196138%
1961–198036%
1981–200015%
2001–20154%
2016–20215%
What kind of home

Homes by kind

Single-detached houses30%
Semi-detached houses4%
Row houses8%
Flats in a duplex3%
Apartments, under 5 storeys52%
Apartments, 5+ storeys3%
Against the median town of the province and of Canada
SouthdaleOntarioCanada
Condominiums9%7%8%
Needing major repairs7%6%6%
Too small for the household8%5%3%
Households in core housing need19%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

Kitchener permitted 32.5 new homes a year per 1,000, above the 15 of Ontario’s towns

Kitchener issued permits for 17,524 new homes from 2018 to 2023, or about 2,921 a year. Only 13% went into single-unit buildings, beside 66% for Ontario’s towns. Figures for monthly permits are published for the Kitchener-Cambridge-Waterloo metro area as a whole, not for Southdale alone.

Permits by year, 2018–2023

Most in 2023: 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

Slowing: 4,795 new homes in the 12 months to August 2026, 10% fewer

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.

Across Ontario

Southdale is 28% below 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.

Southdale’s neighbours by home value

Next to Southdale: 2021 census values and the share of owners.

Mill Courtland Woodside ParkCedar HillMeinzinger Park-LakesideAlpineVictoria ParkLaurentian HillsMill Courtland Woodside ParkCedar HillMeinzinger Park-LakesideAlpineVictoria ParkLaurentian HillsSouthdale
Prices next door
TownMedian home valueAverageOwnerskm
Southdale$500K$519K36%
Mill Courtland Woodside Park$576K$562K48%1.1
Cedar Hill$572K$475K29%1.3
Meinzinger Park-Lakeside$600K$616K60%1.5
Alpine$552K$518K53%1.6
Victoria Park$650K$726K24%1.7
Laurentian Hills$600K$572K56%1.8

Census 2021 values; km.

Questions about property prices in Southdale

Is Southdale expensive for Ontario?

Cheaper than the middle: Ontario’s towns come to $695,000, Southdale to less.

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).