A newly built town: 84% of the homes in Hyde Park date from 2001 or later (Ontario’s towns: 17%)
In May 2021 the median owned home was worth $645,000 by its owner’s reckoning, the average one $649,749. No open sale prices are published in Ontario, so for Hyde Park the census value is the measure. Assessors valued the median residential property at $227,000 for 2024. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices. For assessed values, values by property type and building permits, the only official count covers all of the city of London, Hyde Park included.
What Hyde Park’s homes are worth, two ways
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $650K
- Owners
- 3,850
- 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).
London’s houses carry 2.4 times the assessment of its condos
Detached houses account for 58% of the 156,290 properties on London’s 2024 roll; condos for 22%.
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.
More condos than most: 24% of the homes in Hyde Park (Ontario’s towns: 7%)
Hyde Park had 5,010 occupied homes at the 2021 census, 70% of them single-detached houses. 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
| Hyde Park | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 24% | 7% | 8% |
| Needing major repairs | 2% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 7% | 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.
16.7 new homes a year per 1,000 in London: in step with Ontario’s towns (15)
Some 2,861 homes a year: 17,168 in all were permitted in London from 2018 to 2023. Single-unit buildings took 23%, the rest buildings of two or more, against 66% for Ontario’s towns. Nobody publishes monthly permits for Hyde Park alone, so this card uses the figure for the London metro area.
A peak in 2021: 3,998 new homes
New homes a year per 1,000 homes
Rising: 5,327 new homes in the 12 months to August 2026, 16% more
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.
Hyde 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 Hyde Park: Medway and West London
The places around Hyde Park at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Hyde Park | $645K | $650K | 77% | |
| Medway | $500K | $550K | 66% | 2.1 |
| Oakridge | $645K | $691K | 87% | 2.5 |
| West London | $500K | $527K | 21% | 3.5 |
| River Bend | $800K | $834K | 78% | 4.2 |
| Masonville | $750K | $839K | 68% | 4.4 |
| Middlesex Centre | $750K | $802K | 90% | 4.8 |
Census 2021 values; km.
Questions about property prices in Hyde Park
How many households in Hyde Park are in core housing need?
7% of Hyde Park’s households, under the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is Hyde Park expensive for Ontario?
In the middle: Ontario’s towns come to $695,000, and so, near enough, does Hyde Park.
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).