Photo: P199 · CC BY-SA 3.0Homes in South River are worth 64% less than the median of Ontario’s towns
The 2021 census gives $250,000 as the median value; Ontario’s towns come to $695,000. No sales are published for towns in Ontario, South River included, so owners’ values are the measure. On the 2024 assessment, the middle residential property is valued at $102,000. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns.
Two ways to price a home in South River
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.
median, owners’ estimate
- Average
- $286K
- Owners
- 290
- 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).
South River’s detached houses are assessed 53% below the median of Ontario’s towns
Detached houses account for 91% of the 445 properties on South River’s 2024 roll.
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.
23% of South River’s households are in core housing need, against 9% for Ontario’s towns
At the 2021 census, 81% of South River’s 480 occupied homes were single-detached houses. Half or more were standing by 1980.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| South River | Ontario | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 7% | 8% |
| Needing major repairs | 14% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 23% | 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.
10.8 new homes a year per 1,000 in South River: fewer than Ontario’s towns (15)
Building permits added 27 homes in South River between 2018 and 2023: some 5 a year. 39% were single-unit buildings and the rest multi-unit ones, against 66% for Ontario’s towns.
A peak in 2019: 8 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.
South River is 64% below the $695,000 median of Ontario’s towns
The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
South River’s neighbours by home value
The places around South River at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| South River | $250K | $286K | 59% | |
| Sundridge | $348K | $366K | 85% | 7.7 |
| Strong | $352K | $456K | 88% | 12.6 |
Census 2021 values; km.
Questions about property prices in South River
Is South River expensive for Ontario?
Less than most: Ontario’s towns have a median of $695,000, and South River 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).