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20150706 - 42 - Sables-Spanish Rivers, Ont. - "Parade of Smallness"Photo: Andre Carrotflower · CC BY-SA 4.0
B−Cost of living Grade
Property prices in Sables-Spanish Rivers · Census 2021 and Statistics Canada

A home in Sables-Spanish Rivers is worth 67% less than the middle of Ontario’s towns

Owners put the median home at $230,000 at the 2021 census; for Ontario’s towns the median is $695,000. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Sables-Spanish Rivers. On the 2024 assessment, the middle residential property is valued at $101,000. 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 home value
$230K
owners’ estimate, census 2021
average $268K
Median assessed value
$101K
2024, on MPAC’s 2016 base
New homes a year
11
permits, 2018–2023
8.1 per 1,000 homes
Owner households
1,165
census 2021
86% of households
What homes are worth

What Sables-Spanish Rivers’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. These home values were given by owners themselves, in a census taken in May 2021.

Census 2021$230K

median, owners’ estimate

Average
$268K
Owners
1,165
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$101K

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 Sables-Spanish Rivers is assessed 43% lower than across Ontario’s towns

Assessors listed 1,760 residential properties in Sables-Spanish Rivers for 2024, 94% of them detached houses.

Assessed value

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

Detached houses$144K
Mobile homes$85K
Multi-unit properties$198K
The mix of properties
Detached houses94%
Mobile homes3%
Multi-unit properties2%
1,260 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)

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

Single-detached houses are 95% of Sables-Spanish Rivers’s homes, against 60% for Ontario’s towns

People lived in 1,385 homes in Sables-Spanish Rivers at the 2021 census. Half or more were standing by 1980.

When they were built

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

Before 196130%
1961–198037%
1981–200020%
2001–201511%
2016–20211%
What kind of home

Homes by kind

Single-detached houses95%
Semi-detached housesunder 1%
Row housesunder 1%
Flats in a duplex1%
Apartments, under 5 storeys4%
Apartments, 5+ storeysunder 1%
Movable dwellings1%
Against the median town of the province and of Canada
Sables-Spanish RiversOntarioCanada
Condominiumsunder 1%7%8%
Needing major repairs12%6%6%
Too small for the household3%5%3%
Households in core housing need8%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

Sables-Spanish Rivers permitted 8.1 new homes a year per 1,000, below the 15 of Ontario’s towns

From 2018 to 2023, permits in Sables-Spanish Rivers created 67 homes, about 11 a year. Houses dominate the permits, at 98% in single-unit buildings (Ontario’s towns: 66%).

Permits by year, 2018–2023

A peak in 2023: 17 new homes

Single-unit buildingsTwo or more units
05101520201820192020202120222023
The pace

New homes a year per 1,000 homes

Sables-Spanish Rivers8.1
Ontario’s towns15
The typical Canadian town13.8
$2.49M
of new residential construction a year, 2019–2023

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

Sables-Spanish Rivers is cheaper than most of Ontario’s towns: 67% under their $695,000 median

871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Lower values near Sables-Spanish Rivers: Elliot Lake

Next to Sables-Spanish Rivers: 2021 census values and the share of owners. Distances here run 18–54 km: that is how far the nearest places with figures are from Sables-Spanish Rivers.

EspanolaLittle CurrentAssiginackCentral ManitoulinElliot LakeEspanolaLittle CurrentAssiginackCentral ManitoulinElliot LakeSables-Spanish Rivers
Prices next door
TownMedian home valueAverageOwnerskm
Sables-Spanish Rivers$230K$268K86%
Espanola$230K$250K76%18
Little Current$300K$360K82%24.7
Assiginack$300K$366K82%50.8
Central Manitoulin$348K$376K76%53.6
Elliot Lake$150K$186K61%54.5

Census 2021 values; km.

Questions about property prices in Sables-Spanish Rivers

Is Sables-Spanish Rivers expensive for Ontario?

Cheaper than the middle: Ontario’s towns come to $695,000, Sables-Spanish Rivers to less.

How many households in Sables-Spanish Rivers are in core housing need?

About as many as elsewhere: 8% of households in Sables-Spanish Rivers, where Ontario’s towns sit at 9%.

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).