Photo: P199 · CC BY-SA 3.0The middle home in Lakeshore is valued at $576,000
It is the middle of what 12,840 owner households told the 2021 census. 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 Lakeshore’s homes actually sold for.
Two ways to price a home in Lakeshore
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
median, owners’ estimate
- Average
- $619K
- Owners
- 12,840
- 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).
Lakeshore’s detached houses are assessed 11% above the median of Ontario’s towns
Of Lakeshore’s 14,885 residential properties on the 2024 roll, 93% are detached houses.
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.
Single-detached houses are 92% of Lakeshore’s homes, against 60% for Ontario’s towns
People lived in 14,385 homes in Lakeshore at the 2021 census. Half went up before 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Lakeshore | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 3% | 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.
Lakeshore permitted 16.7 new homes a year per 1,000, close to the 15 of Ontario’s towns
From 2018 to 2023, permits in Lakeshore created 1,417 homes, about 236 a year. Single-unit buildings took 65% of them, where Ontario’s towns built 66%. Lakeshore doesn’t get its own monthly permits figures; the ones here come from the Windsor metro area.
A peak in 2020: 433 new homes
New homes a year per 1,000 homes
Down 32%: 1,277 new homes in the year to August 2026
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.
Lakeshore is cheaper than most of Ontario’s towns: 17% under their $695,000 median
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 Lakeshore: Tecumseh, East Riverside and Forest Glade
The places around Lakeshore at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lakeshore | $576K | $619K | 92% | |
| Tecumseh | $500K | $585K | 89% | 12.9 |
| East Riverside | $452K | $525K | 88% | 16 |
| Forest Glade | $400K | $399K | 65% | 16.3 |
| Riverside | $396K | $396K | 66% | 18.9 |
Census 2021 values; km.
Questions about property prices in Lakeshore
How many households in Lakeshore are in core housing need?
Statistics Canada puts 3% of Lakeshore’s households in core housing need, a smaller share than the 9% of Ontario’s towns.
Is Lakeshore expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Lakeshore’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).