Photo: SimonP · CC BY-SA 3.0Cliffcrest sits 44% above Ontario’s towns on home values
That is a median of $1,000,000 at the 2021 census, set beside $695,000 for Ontario’s towns. The census asks owners what their home would sell for, so the values are estimates from May 2021. No open sale prices are published in Ontario, so for Cliffcrest the census value is the measure.
What Cliffcrest’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. 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
- $1.14M
- Owners
- 3,735
- 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). · Assessed values, values by property type and building permits for the city of Toronto
Toronto’s detached houses are assessed at 3.1 times the median of Ontario’s towns
The 2024 assessment roll counts 840,850 homes in Toronto, condos 42% 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.
16% of Cliffcrest’s households are in core housing need, against 9% for Ontario’s towns
Of the 5,875 homes people lived in across Cliffcrest at the 2021 census, 58% were single-detached houses. Half or more were standing by 1980. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Cliffcrest | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 3% | 7% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 11% | 5% | 3% |
| Households in core housing need | 16% | 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.
17.6 new homes a year per 1,000 in Toronto: in step with Ontario’s towns (15)
Over 2018–2023, 124,736 homes were permitted in Toronto, close to 20,789 each year. Very few were houses: 5% in single-unit buildings (Ontario’s towns: 66%).
The busiest year: 2020, with 27,295 new homes
New homes a year per 1,000 homes
35,927 new homes in the 12 months to August 2026, down 13% on the year before
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. · Area behind the monthly permits figures: the Toronto metro area
Cliffcrest is dearer than most of Ontario’s towns: 44% above their $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 Cliffcrest: Kennedy Park, Eglinton East and Scarborough Village
Next to Cliffcrest: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Cliffcrest | $1M | $1.14M | 63% | |
| Kennedy Park | $800K | $742K | 52% | 1.7 |
| Eglinton East | $750K | $719K | 46% | 2 |
| Scarborough Village | $500K | $786K | 45% | 2.7 |
| Ionview | $800K | $806K | 39% | 3 |
| Bendale South | $900K | $916K | 67% | 3.1 |
| Clairlea-Birchmount | $900K | $871K | 64% | 3.3 |
Census 2021 values; km.
Questions about property prices in Cliffcrest
Is Cliffcrest expensive for Ontario?
Dearer than the middle: Ontario’s towns come to $695,000, Cliffcrest to more.
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).