Photo: P199 · CC BY-SA 3.0New building in Mono runs at 3.7 homes a year per 1,000, well under 15 for Ontario’s towns
The middle home was worth $1,200,000 at the 2021 census, the average $1,263,000. For Mono there is no published sale price, as for every town in Ontario. The 2024 property assessment puts the median residential property at $621,000. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
What Mono’s homes are worth, two ways
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.
median, owners’ estimate
- Average
- $1.26M
- Owners
- 2,925
- 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 Mono is assessed at 2.5 times the middle of Ontario’s towns
Assessors listed 3,290 residential properties in Mono for 2024, 95% of them detached houses.
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.
Single-detached houses are 98% of Mono’s homes, against 60% for Ontario’s towns
People lived in 3,130 homes in Mono at the 2021 census. The older half dates from before 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Mono | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 7% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 3% | 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.
Mono’s busiest year for permits was 2019, with 16 new homes
Mono issued permits for 73 new homes from 2018 to 2023, or about 12 a year. Most were houses: 78% went into single-unit buildings, against 66% for Ontario’s towns. Mono shares its monthly permits numbers with the rest of the Toronto metro area.
New homes a year per 1,000 homes
Down 13%: 35,927 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.
Mono is 73% above the $695,000 median of Ontario’s towns
The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Mono: Orangeville, Amaranth and Shelburne
Next to Mono: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Mono | $1.2M | $1.26M | 95% | |
| Orangeville | $750K | $753K | 76% | 6.9 |
| Amaranth | $950K | $1.08M | 89% | 12.1 |
| Shelburne | $670K | $690K | 80% | 17.1 |
| East Garafraxa | $1M | $1.2M | 92% | 17.9 |
Census 2021 values; km.
Questions about property prices in Mono
Is Mono expensive for Ontario?
More than most: Ontario’s towns have a median of $695,000, and Mono sits above it.
How many households in Mono are in core housing need?
In line with Ontario’s towns (9%): 8% in Mono, counting the households whose home falls short on cost, size or repair.
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).