Photo: Gogerr · CC BY-SA 4.0Permits in Thorold added 71.7 homes a year for every 1,000, where Ontario’s towns added 15
By the 2021 census, half of owned homes were worth more than $552,000; the average was $581,500. For Thorold there is no published sale price, as for every town in Ontario. For 2024, the median assessed value of a residential property is $233,000. 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.
What Thorold’s homes are worth, two ways
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. The values date from May 2021 and are what owners thought their homes were worth, not sale prices.
median, owners’ estimate
- Average
- $582K
- Owners
- 6,285
- 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).
Detached houses make up 75% of Thorold’s residential properties
Of Thorold’s 8,935 residential properties on the 2024 roll, 75% are detached houses.
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.
An older stock than most: 32% of Thorold’s homes go back before 1961 (Ontario’s towns: 22%)
9,095 occupied homes stood in Thorold in 2021, and single-detached houses made up 69% of them.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Thorold | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 2% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 9% | 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 Thorold peaked in 2022: 1,183 new homes
Over 2018–2023, 3,748 homes were permitted in Thorold, close to 625 each year. 49% were single-unit buildings and the rest multi-unit ones, against 66% for Ontario’s towns.
New homes a year per 1,000 homes
3,312 new homes in the 12 months to August 2026, up 17% on the year before
Area-wide: monthly permits, counted over the St. Catharines-Niagara metro area
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.
Thorold against Ontario’s towns: 21% under the $695,000 median
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.
Cheaper next to Thorold: Welland
Next to Thorold: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Thorold | $552K | $582K | 69% | |
| St. Catharines | $548K | $581K | 64% | 7.3 |
| Niagara Falls | $552K | $596K | 70% | 9.5 |
| Pelham | $750K | $819K | 88% | 10.3 |
| Welland | $500K | $516K | 69% | 13.2 |
| Niagara-on-the-Lake | $900K | $1.01M | 85% | 14.9 |
| Beamsville | $695K | $734K | 84% | 18.1 |
Census 2021 values; km.
Questions about property prices in Thorold
Is Thorold expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Thorold’s is worth less.
How many households in Thorold are in core housing need?
In Thorold, 9% of households are in core housing need, close to the 9% of Ontario’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
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).