Photo: SimonP · CC BY-SA 3.0Humber Summit lives in apartments: 37% of its homes, beside 13% for Ontario’s towns
In May 2021 the median owned home was worth $850,000 by its owner’s reckoning, the average one $834,610. What homes sold for in Humber Summit isn’t public: no sale figures are released in Ontario. Assessors valued the median residential property at $557,000 for 2024. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices. Humber Summit doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Toronto.
Humber Summit’s homes, by two sources
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. These home values were given by owners themselves, in a census taken in May 2021.
median, owners’ estimate
- Average
- $835K
- Owners
- 2,835
- 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).
Toronto’s detached houses are assessed at 3.1 times the median of Ontario’s towns
Assessors listed 840,850 residential properties in Toronto for 2024, 42% of them condos.
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.
More need than most: 20% of households in Humber Summit (Ontario’s towns: 9%)
The 2021 census counted 3,925 occupied homes in Humber Summit. Half went up before 1981. 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
| Humber Summit | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 14% | 7% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 16% | 5% | 3% |
| Households in core housing need | 20% | 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.
Building at the pace of Ontario’s towns: 17.6 new homes a year per 1,000 in Toronto, against 15
Some 20,789 homes a year: 124,736 in all were permitted in Toronto from 2018 to 2023. Apartments and other multi-unit buildings dominate: only 5% were single-unit, against 66% for Ontario’s towns.
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
Monthly permits for the Toronto 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.
Humber Summit is 22% above the $695,000 median of Ontario’s towns
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.
Lower values near Humber Summit: Mount Olive-Silverstone-Jamestown and Humbermede
The places around Humber Summit at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Humber Summit | $850K | $835K | 72% | |
| Thistletown-Beaumond Heights | $950K | $966K | 61% | 1.5 |
| Mount Olive-Silverstone-Jamestown | $695K | $689K | 47% | 1.8 |
| Humbermede | $800K | $791K | 46% | 1.9 |
| Rexdale-Kipling | $900K | $867K | 51% | 3.4 |
| Woodbridge | $1M | $1.05M | 79% | 3.5 |
| West Humber-Clairville | $850K | $830K | 66% | 3.6 |
Census 2021 values; km.
Questions about property prices in Humber Summit
Is Humber Summit expensive for Ontario?
Above the norm for Ontario’s towns, whose median home is worth $695,000; Humber Summit’s is worth 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).