Photo: Onasill ~ Bill - Onasill ~ Bill - 106 Million View · Public domainHomes in Humewood-Cedarvale are worth 2.4 times the median of Ontario’s towns
Owners put the median home at $1,700,000 at the 2021 census; for Ontario’s towns the median is $695,000. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Humewood-Cedarvale. For 2024, the median assessed value of a residential property is $557,000. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices. Behind assessed values, values by property type and building permits sits data gathered across the city of Toronto, with Humewood-Cedarvale one part of it.
Humewood-Cedarvale’s homes, by two sources
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. The values date from May 2021 and are what owners thought their homes were worth, not sale prices.
median, owners’ estimate
- Average
- $1.86M
- Owners
- 2,295
- 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).
On the assessment roll, Toronto’s houses sit at 3.1 times 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.
65% of Humewood-Cedarvale lives in apartments, where Ontario’s towns have 13%
The 2021 census counted 6,345 occupied homes in Humewood-Cedarvale. Most of them predate 1961. 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
| Humewood-Cedarvale | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 6% | 7% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 11% | 5% | 3% |
| Households in core housing need | 22% | 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. Multi-unit buildings took most: single-unit ones were just 5%, where Ontario’s towns built 66%.
The busiest year: 2020, with 27,295 new homes
New homes a year per 1,000 homes
Down 13%: 35,927 new homes in the year to August 2026
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. · Not measured by town: monthly permits (the Toronto metro area)
Humewood-Cedarvale is dearer than most of Ontario’s towns: 145% 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 Humewood-Cedarvale: Oakwood Village, Wychwood and Corso Italia-Davenport
The places around Humewood-Cedarvale at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Humewood-Cedarvale | $1.7M | $1.86M | 37% | |
| Forest Hill South | $3M | $3.47M | 49% | 0.9 |
| Oakwood Village | $1M | $1.11M | 51% | 1.3 |
| Wychwood | $1.2M | $1.39M | 50% | 1.3 |
| Casa Loma | $2M | $2.44M | 44% | 1.6 |
| Forest Hill North | $2.1M | $2.15M | 35% | 1.9 |
| Corso Italia-Davenport | $1M | $1.13M | 64% | 2.1 |
Census 2021 values; km.
Questions about property prices in Humewood-Cedarvale
Is Humewood-Cedarvale expensive for Ontario?
On census values, Humewood-Cedarvale ranks among the dearer of Ontario’s towns (median $695,000).
How many households in Humewood-Cedarvale are in core housing need?
More than most: 22% of households in Humewood-Cedarvale, where Ontario’s towns sit at 9%.
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).