Photo: Sam Nabi · CC BY-SA 4.066% of Victoria Park’s homes are apartments, against 13% for Ontario’s towns
A median of $650,000 and a mean of $726,136: that is how owners valued their homes in 2021. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Victoria Park.
Victoria Park’s homes, by two sources
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. 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.
median, owners’ estimate
- Average
- $726K
- Owners
- 440
- 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). · Area-wide: assessed values, values by property type and building permits, counted over the city of Kitchener
On the assessment roll, Kitchener’s houses sit 37% above Ontario’s towns
Detached houses account for 60% of the 81,065 properties on Kitchener’s 2024 roll; condos for 13%.
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.
Core housing need: 18% of Victoria Park’s households, where Ontario’s towns sit at 9%
The 2021 census counted 1,750 occupied homes in Victoria Park. Half went up before 1981. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Victoria Park | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 6% | 5% | 3% |
| Households in core housing need | 18% | 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.
Kitchener permitted 32.5 new homes a year per 1,000, above the 15 of Ontario’s towns
Building permits added 17,524 homes in Kitchener between 2018 and 2023: some 2,921 a year. Apartments and other multi-unit buildings dominate: only 13% were single-unit, against 66% for Ontario’s towns.
A peak in 2023: 4,095 new homes
New homes a year per 1,000 homes
4,795 new homes in the 12 months to August 2026, down 10% on the year before
The monthly permits numbers here cover the Kitchener-Cambridge-Waterloo metro area
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.
Victoria Park sits near the middle of Ontario’s towns ($695,000)
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 Victoria Park: Mill Courtland Woodside Park, City Commercial Core and Cedar Hill
The places around Victoria Park at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Victoria Park | $650K | $726K | 24% | |
| Mill Courtland Woodside Park | $576K | $562K | 48% | 0.8 |
| City Commercial Core | $420K | $440K | 24% | 1.1 |
| Cedar Hill | $572K | $475K | 29% | 1.1 |
| Cherry Hill | $500K | $573K | 27% | 1.1 |
| Meinzinger Park-Lakeside | $600K | $616K | 60% | 1.5 |
| Southdale | $500K | $519K | 36% | 1.7 |
Census 2021 values; km.
Questions about property prices in Victoria Park
Is Victoria Park expensive for Ontario?
About average: Victoria Park’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).