Photo: Loozrboy from Toronto, Canada · CC BY-SA 2.0Greensborough’s housing is newer than most: 80% has gone up since 2001, against 17% for Ontario’s towns
Going by owners’ own estimates in 2021, the typical home is worth $1,100,000, the average one $1,154,944. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Greensborough.
Two ways to price a home in Greensborough
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. 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
- $1.15M
- Owners
- 5,370
- 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). · Assessed values, values by property type and building permits: the city of Markham
Houses in Markham carry 3.7 times the assessment of the median for Ontario’s towns
Of Markham’s 108,480 residential properties on the 2024 roll, 61% are detached houses and 16% are condos.
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: 12% of Greensborough’s households, where Ontario’s towns sit at 9%
Greensborough had 6,065 occupied homes at the 2021 census, 57% of them single-detached houses. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Greensborough | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 16% | 7% | 8% |
| Needing major repairs | 2% | 6% | 6% |
| Too small for the household | 4% | 5% | 3% |
| Households in core housing need | 12% | 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 Markham ran at 12.4 homes a year per 1,000, near the 15 of Ontario’s towns
Building permits added 9,308 homes in Markham between 2018 and 2023: some 1,551 a year. Very few were houses: 16% in single-unit buildings (Ontario’s towns: 66%).
A peak in 2021: 2,900 new homes
New homes a year per 1,000 homes
Slowing: 35,927 new homes in the 12 months to August 2026, 13% fewer
Measured across the Toronto metro area: monthly permits
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.
Greensborough is 58% above the $695,000 median of Ontario’s towns
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 Greensborough: Upper Cornell and Cornell
Next to Greensborough: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Greensborough | $1.1M | $1.15M | 89% | |
| Mount Joy | $1.2M | $1.21M | 91% | 1.2 |
| Wismer Commons | $1.17M | $1.15M | 84% | 1.8 |
| Upper Cornell | $1M | $1.11M | 90% | 1.8 |
| Markham Village | $1.2M | $1.21M | 75% | 1.9 |
| Cornell | $950K | $1.03M | 82% | 2.5 |
| Quantztown | $1.4M | $1.32M | 91% | 3.4 |
Census 2021 values; km.
Questions about property prices in Greensborough
Is Greensborough expensive for Ontario?
More than most: Ontario’s towns have a median of $695,000, and Greensborough sits above it.
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).