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Property prices in Millbrook · Census 2021 and Statistics Canada

Owners put the median home in Millbrook at $700,000

That figure comes from 3,105 owner households at the 2021 census. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Millbrook.

Median home value
$700K
owners’ estimate, census 2021
average $740K
Median assessed value
$310K
2024, on MPAC’s 2016 base
New homes a year
80
permits, 2018–2023
16.5 per 1,000 homes
Owner households
3,105
census 2021
91% of households
What homes are worth

Two ways to price a home in Millbrook

Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns.

Census 2021$700K

median, owners’ estimate

Average
$740K
Owners
3,105
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$310K

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

A detached house in Millbrook is assessed 31% higher than across Ontario’s towns

Of Millbrook’s 3,635 residential properties on the 2024 roll, 94% are detached houses.

Assessed value

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

Detached houses$332K
Semi-detached$304K
Multi-unit properties$404K
The mix of properties
Detached houses94%
Multi-unit properties3%
Semi-detached2%
1,950 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
78%
of properties lived in by their owner

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

95% of Millbrook’s homes are detached houses, where Ontario’s towns have 60%

At the 2021 census, Millbrook had 3,555 homes with someone living in them. Half or more were standing by 2000.

When they were built

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

Before 196124%
1961–198025%
1981–200028%
2001–201512%
2016–202111%
What kind of home

Homes by kind

Single-detached houses95%
Semi-detached houses1%
Row houses1%
Flats in a duplexunder 1%
Apartments, under 5 storeys3%
Apartments, 5+ storeysunder 1%
Against the median town of the province and of Canada
MillbrookOntarioCanada
Condominiums1%7%8%
Needing major repairs6%6%6%
Too small for the household2%5%3%
Households in core housing need5%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

16.5 new homes a year per 1,000 in Millbrook: in step with Ontario’s towns (15)

Millbrook issued permits for 478 new homes from 2018 to 2023, or about 80 a year. Houses dominate the permits, at 74% in single-unit buildings (Ontario’s towns: 66%).

Permits by year, 2018–2023

Most in 2018: 184 new homes

Single-unit buildingsTwo or more units
050100150200201820192020202120222023
The pace

New homes a year per 1,000 homes

Millbrook16.5
Ontario’s towns15
The typical Canadian town13.8
$18M
of new residential construction a year, 2019–2023
The metro area

293 new homes in the 12 months to August 2026, up 24% on the year before

020040060080020212022202320242025

Shared with the rest of the Peterborough 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.

Across Ontario

Millbrook sits near the middle of Ontario’s towns ($695,000)

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

Cheaper next to Millbrook: Otonabee-South Monaghan and Peterborough

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

Otonabee-South MonaghanPeterboroughOtonabee-South MonaghanPeterboroughMillbrook
Prices next door
TownMedian home valueAverageOwnerskm
Millbrook$700K$740K91%
Otonabee-South Monaghan$600K$651K90%15.9
Peterborough$500K$554K59%16.1

Census 2021 values; km.

Questions about property prices in Millbrook

How many households in Millbrook are in core housing need?

5% of Millbrook’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 Millbrook expensive for Ontario?

Neither more nor less: Ontario’s towns have a median of $695,000, and Millbrook is near 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).