Photo: P199 · CC BY-SA 3.0Rideau Lakes sits 42% below Ontario’s towns on home values
The census median was $400,000 in 2021, against $695,000 for Ontario’s towns. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. No open sale prices are published in Ontario, so for Rideau Lakes the census value is the measure.
Two ways to price a home in Rideau Lakes
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
median, owners’ estimate
- Average
- $489K
- Owners
- 4,025
- 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).
Detached houses make up 93% of Rideau Lakes’s residential properties
Of Rideau Lakes’s 7,250 residential properties on the 2024 roll, 93% are 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 92% of Rideau Lakes’s homes, against 60% for Ontario’s towns
Rideau Lakes had 4,695 occupied homes at the 2021 census. At least half predate 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Rideau Lakes | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 2% | 5% | 3% |
| Households in core housing need | 5% | 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.
Permits in Rideau Lakes ran at 15 homes a year per 1,000, near the 15 of Ontario’s towns
Building permits added 386 homes in Rideau Lakes between 2018 and 2023: some 64 a year. Single-unit buildings took 93% of them, where Ontario’s towns built 66%.
Most in 2021: 94 new homes
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.
Rideau Lakes is 42% below the $695,000 median of Ontario’s towns
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 Rideau Lakes: Athens, Smiths Falls and Elizabethtown-Kitley
Next to Rideau Lakes: 2021 census values and the share of owners. The nearest places to Rideau Lakes with figures are 18–27 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Rideau Lakes | $400K | $489K | 88% | |
| Athens | $300K | $360K | 91% | 17.9 |
| Perth | $400K | $433K | 56% | 24 |
| Tay Valley | $448K | $496K | 93% | 24.9 |
| Smiths Falls | $300K | $336K | 55% | 24.9 |
| Elizabethtown-Kitley | $348K | $407K | 91% | 26.8 |
Census 2021 values; km.
Questions about property prices in Rideau Lakes
Is Rideau Lakes expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Rideau Lakes’s is worth less.
How many households in Rideau Lakes are in core housing need?
Statistics Canada puts 5% of Rideau Lakes’s households in core housing need, a smaller share than the 9% of Ontario’s towns.
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).