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Property prices in Mildmay · Census 2021 and Statistics Canada

Home values in Mildmay run 36% lower than the median of Ontario’s towns

Owners valued the median home at $448,000 in 2021, where the median of Ontario’s towns was $695,000. The census asks owners what their home would sell for, so the values are estimates from May 2021. No sales are published for towns in Ontario, Mildmay included, so owners’ values are the measure.

Median home value
$448K
owners’ estimate, census 2021
average $513K
Median assessed value
$172K
2024, on MPAC’s 2016 base
New homes a year
22
permits, 2018–2023
10.5 per 1,000 homes
Owner households
1,495
census 2021
81% of households
What homes are worth

What Mildmay’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. 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.

Census 2021$448K

median, owners’ estimate

Average
$513K
Owners
1,495
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$172K

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

Houses in Mildmay carry assessments 28% under the middle of Ontario’s towns

Assessors listed 2,250 residential properties in Mildmay for 2024, 92% of them detached houses.

Assessed value

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

Detached houses$182K
Mobile homes$93K
Multi-unit properties$232K
The mix of properties
Detached houses92%
Multi-unit properties5%
Mobile homes1%
1,890 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 88% of Mildmay’s homes, against 60% for Ontario’s towns

The 2021 census counted 2,280 occupied homes in Mildmay. The older half dates from before 1981.

When they were built

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

Before 196150%
1961–198022%
1981–200015%
2001–20159%
2016–20215%
What kind of home

Homes by kind

Single-detached houses88%
Semi-detached houses1%
Row houses3%
Flats in a duplex1%
Apartments, under 5 storeys6%
Apartments, 5+ storeysunder 1%
Movable dwellings1%
Against the median town of the province and of Canada
MildmayOntarioCanada
Condominiums1%7%8%
Needing major repairs9%6%6%
Too small for the household3%5%3%
Households in core housing need2%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.

New homes

Mildmay permitted 10.5 new homes a year per 1,000, below the 15 of Ontario’s towns

From 2018 to 2023, permits in Mildmay created 131 homes, about 22 a year. Houses dominate the permits, at 70% in single-unit buildings (Ontario’s towns: 66%).

Permits by year, 2018–2023

Most in 2020: 28 new homes

Single-unit buildingsTwo or more units
0102030201820192020202120222023
The pace

New homes a year per 1,000 homes

Mildmay10.5
Ontario’s towns15
The typical Canadian town13.8
$8.39M
of new residential construction a year, 2019–2023

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.

Across Ontario

Mildmay is cheaper than most of Ontario’s towns: 36% under their $695,000 median

The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.

Cheaper next to Mildmay: Hanover

Next to Mildmay: 2021 census values and the share of owners.

WalkertonHanoverWalkertonHanoverMildmay
Prices next door
TownMedian home valueAverageOwnerskm
Mildmay$448K$513K81%
Walkerton$436K$480K79%9.1
Hanover$400K$449K64%15.5

Census 2021 values; km.

Questions about property prices in Mildmay

How many households in Mildmay are in core housing need?

Below the norm for Ontario’s towns (9%): 2% in Mildmay, counting the households whose home falls short on cost, size or repair.

Is Mildmay expensive for Ontario?

On census values, Mildmay sits among the cheaper of Ontario’s towns (median $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).