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Property prices in Magnetawan · Census 2021 and Statistics Canada

In Magnetawan, 18% of households can’t afford a home that is big enough and in good repair (Ontario’s towns: 9%)

Owners valued the median home at $500,000 at the 2021 census, and the average at $555,000. The census asks owners what their home would sell for, so the values are estimates from May 2021. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Magnetawan.

Median home value
$500K
owners’ estimate, census 2021
average $555K
Median assessed value
$173K
2024, on MPAC’s 2016 base
Owner households
705
census 2021
87% of households
What homes are worth

Magnetawan’s homes, by two sources

Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.

Census 2021$500K

median, owners’ estimate

Average
$555K
Owners
705
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$173K

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

Detached houses make up 88% of Magnetawan’s residential properties

Detached houses account for 88% of the 2,090 properties on Magnetawan’s 2024 roll.

Assessed value

Median assessment by type, 2024 the tick is the median of Ontario’s towns

Detached houses$240K
Mobile homes$110K
Multi-unit properties$434K
The mix of properties
Detached houses88%
Multi-unit properties11%
Mobile homes1%
1,180 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)

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

Single-detached houses are 97% of Magnetawan’s homes, against 60% for Ontario’s towns

People lived in 825 homes in Magnetawan at the 2021 census. Half went up before 2001.

When they were built

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

Before 196119%
1961–198027%
1981–200028%
2001–201522%
2016–20214%
What kind of home

Homes by kind

Single-detached houses97%
Semi-detached housesunder 1%
Row housesunder 1%
Flats in a duplexunder 1%
Apartments, under 5 storeys2%
Apartments, 5+ storeysunder 1%
Movable dwellings1%
Against the median town of the province and of Canada
MagnetawanOntarioCanada
Condominiumsunder 1%7%8%
Needing major repairs15%6%6%
Too small for the household4%5%3%
Households in core housing need18%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.

Across Ontario

Magnetawan is cheaper than most of Ontario’s towns: 28% under their $695,000 median

871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Lower values near Magnetawan: Burk's Falls, Strong and Sundridge

The places around Magnetawan at the 2021 census: median and average value, and how many own.

Burk's FallsStrongSundridgeBurk's FallsStrongSundridgeMagnetawan
Prices next door
TownMedian home valueAverageOwnerskm
Magnetawan$500K$555K87%
Burk's Falls$324K$340K61%14.7
Strong$352K$456K88%18.7
Sundridge$348K$366K85%18.9

Census 2021 values; km.

Questions about property prices in Magnetawan

Is Magnetawan expensive for Ontario?

Cheaper than the middle: Ontario’s towns come to $695,000, Magnetawan to less.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).