Photo: Mike Kalasnik from Charlotte, USA · CC BY-SA 2.040% of Iris’s homes are apartments, against 13% for Ontario’s towns
Asked in 2021, owners gave a median value of $600,000; averaged, their homes came to $606,962. The values date from May 2021 and are what owners thought their homes were worth, not sale prices. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Iris.
What Iris’s homes are worth, two ways
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
- $607K
- Owners
- 1,065
- 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). · Measured across the city of Ottawa: assessed values, values by property type and building permits
Ottawa’s detached houses are assessed 74% above the median of Ontario’s towns
The 2024 assessment roll counts 332,130 homes in Ottawa: detached houses make 53% of them, condos 11%.
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.
More need than most: 15% of households in Iris (Ontario’s towns: 9%)
People lived in 2,425 homes in Iris at the 2021 census. At least half predate 1981. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Iris | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 3% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 8% | 5% | 3% |
| Households in core housing need | 15% | 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.
Building ahead of Ontario’s towns: 24.3 new homes a year per 1,000 in Ottawa, against 15
From 2018 to 2023, permits in Ottawa created 58,242 homes, about 9,707 a year. The mix: 22% in single-unit buildings, beside 66% for Ontario’s towns.
A peak in 2020: 11,449 new homes
New homes a year per 1,000 homes
Rising: 11,998 new homes in the 12 months to August 2026, 10% more
Shared with the rest of the Ottawa-Gatineau 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.
Iris is cheaper than most of Ontario’s towns: 14% under their $695,000 median
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 Iris: Bayshore and Leslie Park - Bruce Farm
The places around Iris at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Iris | $600K | $607K | 45% | |
| Queensway Terrace North | $600K | $607K | 69% | 1.1 |
| Centrepointe - Briargreen | $700K | $704K | 70% | 1.3 |
| Qualicum - Redwood | $800K | $645K | 68% | 1.4 |
| Bayshore | $400K | $447K | 24% | 1.9 |
| Britannia | $600K | $533K | 33% | 1.9 |
| Leslie Park - Bruce Farm | $452K | $480K | 74% | 2 |
Census 2021 values; km.
Questions about property prices in Iris
Is Iris expensive for Ontario?
Less than most: Ontario’s towns have a median of $695,000, and Iris sits below 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).