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20150705 - 21 - Springwater, Ont. - Rural Scenery Along County Road 29Photo: Andre Carrotflower · CC BY-SA 4.0
C−Cost of living Grade
Property prices in Springwater · Census 2021 and Statistics Canada

Homes in Springwater are worth a median $850,000

Some 6,580 owner households gave their home’s value to the 2021 census. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Springwater.

Median home value
$850K
owners’ estimate, census 2021
average $941K
Median assessed value
$391K
2024, on MPAC’s 2016 base
New homes a year
180
permits, 2018–2023
26.2 per 1,000 homes
Owner households
6,580
census 2021
90% of households
What homes are worth

Two ways to price a home in Springwater

Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.

Census 2021$850K

median, owners’ estimate

Average
$941K
Owners
6,580
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$391K

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 Springwater is assessed 73% higher than across Ontario’s towns

Detached houses account for 96% of the 7,870 properties on Springwater’s 2024 roll.

Assessed value

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

Detached houses$439K
Multi-unit properties$420K
The mix of properties
Detached houses96%
Multi-unit properties2%
2,210 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
74%
of properties lived in by their owner

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 93% of Springwater’s homes, against 60% for Ontario’s towns

At the 2021 census, Springwater had 7,515 homes with someone living in them. The older half dates from before 2001.

When they were built

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

Before 196117%
1961–198021%
1981–200030%
2001–201520%
2016–202112%
What kind of home

Homes by kind

Single-detached houses93%
Semi-detached houses1%
Row houses1%
Flats in a duplex2%
Apartments, under 5 storeys4%
Apartments, 5+ storeysunder 1%
Movable dwellings1%
Against the median town of the province and of Canada
SpringwaterOntarioCanada
Condominiums1%7%8%
Needing major repairs5%6%6%
Too small for the household2%5%3%
Households in core housing need7%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

Springwater permitted 26.2 new homes a year per 1,000, above the 15 of Ontario’s towns

From 2018 to 2023, permits in Springwater created 1,079 homes, about 180 a year. 95% were single-unit buildings, beside 66% for Ontario’s towns.

Permits by year, 2018–2023

The busiest year: 2022, with 498 new homes

Single-unit buildingsTwo or more units
0100200300400500201820192020202120222023
The pace

New homes a year per 1,000 homes

Springwater26.2
Ontario’s towns15
The typical Canadian town13.8
$88M
of new residential construction a year, 2019–2023
The metro area

Slowing: 1,242 new homes in the 12 months to August 2026, 39% fewer

01,0002,0003,00020212022202320242025

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. · Monthly permits: one figure for all of the Barrie metro area

Across Ontario

Springwater is dearer than most of Ontario’s towns: 22% above their $695,000 median

The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Springwater: Barrie and Angus

Next to Springwater: 2021 census values and the share of owners.

BarrieAngusBarrieAngusSpringwater
Prices next door
TownMedian home valueAverageOwnerskm
Springwater$850K$941K90%
Barrie$695K$696K68%14.9
Angus$700K$751K81%19

Census 2021 values; km.

Questions about property prices in Springwater

Is Springwater expensive for Ontario?

Yes: Springwater’s census median is above the $695,000 of Ontario’s towns.

How many households in Springwater are in core housing need?

In line with Ontario’s towns (9%): 7% in Springwater, counting the households whose home falls short on cost, size or repair.

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).