Photo: WabbitWanderer from London, Canada · CC BY-SA 2.0An apartment town: 33% of Westmount’s homes, against 13% across Ontario’s towns
Owners valued the median home at $650,000 at the 2021 census, and the average at $678,695. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Westmount. Assessors valued the median residential property at $227,000 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. For assessed values, values by property type and building permits, the only official count covers all of the city of London, Westmount included.
Two ways to price a home in Westmount
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $679K
- Owners
- 4,925
- 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).
A detached house in London is assessed at 2.4 times a condo
In 2024, London had 156,290 residential properties on the roll, detached houses 58% of them and condos 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.
The homes of Westmount, by period and type
Westmount had 7,835 occupied homes at the 2021 census. At least half predate 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
| Westmount | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 18% | 7% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 8% | 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.
Permits in London ran at 16.7 homes a year per 1,000, near the 15 of Ontario’s towns
Building permits added 17,168 homes in London between 2018 and 2023: some 2,861 a year. About 23% went into single-unit buildings, where Ontario’s towns built 66%. Westmount shares its monthly permits numbers with the rest of the London metro area.
Most in 2021: 3,998 new homes
New homes a year per 1,000 homes
Up 16%: 5,327 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.
Westmount against Ontario’s towns: about level with the $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 Westmount: Southcrest and Highland
Next to Westmount: 2021 census values and the share of owners.
Questions about property prices in Westmount
How many households in Westmount are in core housing need?
In line with Ontario’s towns (9%): 8% in Westmount, counting the households whose home falls short on cost, size or repair.
Is Westmount expensive for Ontario?
Westmount is close to the norm for Ontario’s towns, whose median home is worth $695,000.
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).