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D−Cost of living Grade
Property prices in Stanley Park · Census 2021 and Statistics Canada

An apartment town: 42% of Stanley Park’s homes, against 13% across Ontario’s towns

The 2021 census put the median home at $628,000, with an average of $617,884. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Stanley Park. Assessors valued the median residential property at $309,000 for 2024. 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. Stanley Park doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Kitchener.

Median home value
$628K
owners’ estimate, census 2021
average $618K
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
2,240
census 2021
60% of households
What homes are worth

Two ways to price a home in Stanley Park

Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. These home values were given by owners themselves, in a census taken in May 2021.

Census 2021$628K

median, owners’ estimate

Average
$618K
Owners
2,240
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

On the assessment roll, Kitchener’s houses sit 37% above Ontario’s towns

Assessors listed 81,065 residential properties in Kitchener for 2024, 60% of them detached houses and 13% condos.

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

More need than most: 12% of households in Stanley Park (Ontario’s towns: 9%)

The 2021 census counted 3,715 occupied homes in Stanley Park. Half or more were standing by 1980. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

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

Before 196123%
1961–198053%
1981–200014%
2001–20154%
2016–20213%
What kind of home

Homes by kind

Single-detached houses48%
Semi-detached houses2%
Row houses6%
Flats in a duplex2%
Apartments, under 5 storeys24%
Apartments, 5+ storeys18%
Against the median town of the province and of Canada
Stanley ParkOntarioCanada
Condominiums17%7%8%
Needing major repairs3%6%6%
Too small for the household6%5%3%
Households in core housing need12%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

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%). For monthly permits, the only official count covers all of the Kitchener-Cambridge-Waterloo metro area, Stanley Park included.

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

Down 10%: 4,795 new homes in the year to August 2026

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

Stanley Park is 10% 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.

Cheaper next to Stanley Park: Vanier

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

Heritage ParkIdlewoodRosemountVanierAuditoriumCentreville ChicopeeHeritage ParkIdlewoodRosemountVanierAuditoriumCentreville ChicopeeStanley Park
Prices next door
TownMedian home valueAverageOwnerskm
Stanley Park$628K$618K60%
Heritage Park$695K$643K49%1.5
Idlewood$800K$832K90%1.8
Rosemount$695K$686K56%1.8
Vanier$572K$547K34%1.9
Auditorium$650K$693K60%2.1
Centreville Chicopee$600K$607K62%2.3

Census 2021 values; km.

Questions about property prices in Stanley Park

Is Stanley Park expensive for Ontario?

Below the norm for Ontario’s towns, whose median home is worth $695,000; Stanley Park’s is worth 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).