Photo: Canmenwalker · CC BY 4.0Apartments make up 66% of the homes in Junction-Wallace Emerson, where Ontario’s towns have 13%
Owners valued the median home at $1,000,000 at the 2021 census, and the average at $1,004,690. For Junction-Wallace Emerson there is no published sale price, as for every town 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. Nobody publishes assessed values, values by property type and building permits for Junction-Wallace Emerson alone, so this card uses the figure for the city of Toronto.
What Junction-Wallace Emerson’s homes are worth, two ways
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. These home values were given by owners themselves, in a census taken in May 2021.
median, owners’ estimate
- Average
- $1M
- Owners
- 5,100
- 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).
Houses in Toronto carry 3.1 times the assessment of the median for Ontario’s towns
Condos account for 42% of the 840,850 properties on Toronto’s 2024 roll.
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.
24% of Junction-Wallace Emerson’s homes are condos, where Ontario’s towns have 7%
The 2021 census counted 10,190 occupied homes in Junction-Wallace Emerson. At least half predate 1981. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Junction-Wallace Emerson | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 24% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 10% | 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
Toronto issued permits for 124,736 new homes from 2018 to 2023, or about 20,789 a year. Only 5% went into single-unit buildings, beside 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
The monthly permits numbers here cover 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.
Junction-Wallace Emerson is dearer than most of Ontario’s towns: 44% above 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.
Lower values near Junction-Wallace Emerson: Weston-Pelham Park
Next to Junction-Wallace Emerson: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Junction-Wallace Emerson | $1M | $1M | 50% | |
| Dufferin Grove | $1.1M | $1.24M | 41% | 1.1 |
| Dovercourt Village | $1.2M | $1.27M | 55% | 1.3 |
| Weston-Pelham Park | $900K | $907K | 59% | 1.5 |
| Corso Italia-Davenport | $1M | $1.13M | 64% | 1.6 |
| High Park North | $1.5M | $1.35M | 34% | 1.8 |
| Roncesvalles | $1.4M | $1.35M | 47% | 2 |
Census 2021 values; km.
Questions about property prices in Junction-Wallace Emerson
How many households in Junction-Wallace Emerson are in core housing need?
Statistics Canada puts 20% of Junction-Wallace Emerson’s households in core housing need, a higher share than the 9% of Ontario’s towns.
Is Junction-Wallace Emerson expensive for Ontario?
On census values, Junction-Wallace Emerson ranks among the dearer of Ontario’s towns (median $695,000).
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).