Photo: Nick3501 · CC BY-SA 3.0Home values in Tay run 28% lower than the median of Ontario’s towns
Owners valued the median home at $500,000 in 2021, where the median of Ontario’s towns was $695,000. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch. Statistics Canada doesn’t publish sales in Ontario, so nothing here says what Tay’s homes actually sold for.
What Tay’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. 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.
median, owners’ estimate
- Average
- $581K
- Owners
- 4,085
- 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 Tay is assessed 9% lower than across Ontario’s towns
The 2024 assessment roll counts 5,110 homes in Tay, detached houses 95% of them.
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 Tay’s homes, against 60% for Ontario’s towns
People lived in 4,535 homes in Tay at the 2021 census. The older half dates from before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Tay | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 7% | 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.
Tay permitted 12.9 new homes a year per 1,000, close to the 15 of Ontario’s towns
Over 2018–2023, 370 homes were permitted in Tay, close to 62 each year. Most were houses: 73% went into single-unit buildings, against 66% for Ontario’s towns.
A peak in 2019: 105 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.
Tay is cheaper than most of Ontario’s towns: 28% under their $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 Tay
The places around Tay at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Tay | $500K | $581K | 90% | |
| Midland | $500K | $522K | 66% | 8.9 |
| Penetanguishene | $500K | $582K | 76% | 13.2 |
| Tiny | $695K | $783K | 92% | 17.7 |
Census 2021 values; km.
Questions about property prices in Tay
Is Tay expensive for Ontario?
On census values, Tay sits among the cheaper of Ontario’s towns (median $695,000).
How many households in Tay are in core housing need?
Below the norm for Ontario’s towns (9%): 7% in Tay, 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).