Photo: P199 · CC BY-SA 3.0Homes in Smiths Falls are worth 57% less than the median of Ontario’s towns
Owners valued the median home at $300,000 in 2021, where the median of Ontario’s towns was $695,000. Those values come from owners at the 2021 census and predate the prices of the years since. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Smiths Falls.
Two ways to price a home in Smiths Falls
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
- $336K
- Owners
- 2,355
- 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 Smiths Falls is assessed 35% lower than across Ontario’s towns
Assessors listed 3,260 residential properties in Smiths Falls for 2024, 72% of them detached houses and 4% condos.
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.
56% of Smiths Falls’s homes predate 1961, against 22% for Ontario’s towns
Of the 4,310 homes people lived in across Smiths Falls at the 2021 census, 53% were single-detached houses.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Smiths Falls | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 6% | 7% | 8% |
| Needing major repairs | 10% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 13% | 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 Smiths Falls ran at 30 homes a year per 1,000, where Ontario’s towns ran at 15
From 2018 to 2023, permits in Smiths Falls created 690 homes, about 115 a year. Only 6% went into single-unit buildings, beside 66% for Ontario’s towns.
A peak in 2022: 363 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.
Smiths Falls against Ontario’s towns: 57% 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.
Home values around Smiths Falls
The places around Smiths Falls at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Smiths Falls | $300K | $336K | 55% | |
| Montague | $400K | $446K | 94% | 6.9 |
| Merrickville | $448K | $477K | 86% | 12.4 |
| Drummond/North Elmsley | $460K | $531K | 93% | 15.7 |
| Perth | $400K | $433K | 56% | 18.7 |
Census 2021 values; km.
Questions about property prices in Smiths Falls
Is Smiths Falls expensive for Ontario?
On census values, Smiths Falls sits among the cheaper of Ontario’s towns (median $695,000).
How many households in Smiths Falls are in core housing need?
More than most: 13% of households in Smiths Falls, 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).