Photo: Loozrboy from Toronto, Canada · CC BY-SA 2.0New building in Point Edward runs at 4.9 homes a year per 1,000, well under 15 for Ontario’s towns
A median of $400,000 and a mean of $435,000: that is how owners valued their homes in 2021. For Point Edward there is no published sale price, as for every town in Ontario. For 2024, the median assessed value of a residential property is $210,000. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
What Point Edward’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. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.
median, owners’ estimate
- Average
- $435K
- Owners
- 800
- 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).
On the assessment roll, Point Edward’s houses sit 19% below Ontario’s towns
Assessors listed 930 residential properties in Point Edward for 2024, 80% 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.
An older stock than most: 53% of Point Edward’s homes go back before 1961 (Ontario’s towns: 22%)
The 2021 census counted 940 occupied homes in Point Edward; 77% of them are single-detached houses.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Point Edward | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 15% | 7% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 1% | 5% | 3% |
| Households in core housing need | 3% | 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.
2023 was the year Point Edward built most: 6 new homes permitted
From 2018 to 2023, permits in Point Edward created 27 homes, about 5 a year. 52% were single-unit buildings, beside 66% for Ontario’s towns.
New homes a year per 1,000 homes
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.
Point Edward against Ontario’s towns: 42% under the $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.
Point Edward’s neighbours by home value
Next to Point Edward: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Point Edward | $400K | $435K | 85% | |
| Sarnia | $400K | $436K | 68% | 3.6 |
| Corunna | $400K | $466K | 86% | 19.1 |
Census 2021 values; km.
Questions about property prices in Point Edward
How many households in Point Edward are in core housing need?
In Point Edward, 3% of households are in core housing need, against 9% for Ontario’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Is Point Edward expensive for Ontario?
Cheaper than the middle: Ontario’s towns come to $695,000, Point Edward to less.
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).