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D−Cost of living Grade
Property prices in Rustic · Census 2021 and Statistics Canada

An apartment town: 59% of Rustic’s homes, against 13% across Ontario’s towns

Census values for 2021: a median of $1,000,000 and an average of $1,067,407. What homes sold for in Rustic isn’t public: no sale figures are released in Ontario. The 2024 property assessment puts the median residential property at $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 Rustic one part of it.

Median home value
$1M
owners’ estimate, census 2021
average $1.07M
Median assessed value
$557K
2024, on MPAC’s 2016 base
New homes a year
20,789
permits, 2018–2023
17.6 per 1,000 homes
Owner households
1,350
census 2021
37% of households
What homes are worth

Rustic’s homes, by two sources

Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.

Census 2021$1M

median, owners’ estimate

Average
$1.07M
Owners
1,350
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$557K

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).

By type of home

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.

Assessed value

Median assessment by type, 2024 the tick is the median of Ontario’s towns

Detached houses$790K
Semi-detached$673K
Row houses$489K
Condos$369K
Multi-unit properties$1.15M
The mix of properties
Condos42%
Detached houses36%
Semi-detached11%
Row houses8%
Multi-unit properties2%
2,020 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
750 sq ft
living area of the median condo
71%
of properties lived in by their owner

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.

The homes

More need than most: 23% of households in Rustic (Ontario’s towns: 9%)

People lived in 3,535 homes in Rustic at the 2021 census. The older half dates from before 1981. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.

When they were built

Homes by period of construction the tick is the median of Ontario’s towns

Before 196128%
1961–198042%
1981–200027%
2001–2015under 1%
2016–2021under 1%
What kind of home

Homes by kind

Single-detached houses32%
Semi-detached houses6%
Row housesunder 1%
Flats in a duplex3%
Apartments, under 5 storeys5%
Apartments, 5+ storeys55%
Against the median town of the province and of Canada
RusticOntarioCanada
Condominiums2%7%8%
Needing major repairs10%6%6%
Too small for the household21%5%3%
Households in core housing need23%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.

New homes

Toronto permitted 17.6 new homes a year per 1,000, close to the 15 of Ontario’s towns

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%.

Permits by year, 2018–2023

The busiest year: 2020, with 27,295 new homes

Single-unit buildingsTwo or more units
010,00020,00030,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Toronto17.6
Ontario’s towns15
The typical Canadian town13.8
$5,547M
of new residential construction a year, 2019–2023
The metro area

35,927 new homes in the 12 months to August 2026, down 13% on the year before

020,00040,00060,00020212022202320242025

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. · Monthly permits: one figure for all of the Toronto metro area

Across Ontario

Rustic is 44% above the $695,000 median of Ontario’s towns

The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.

Cheaper next to Rustic: Brookhaven-Amesbury, Oakdale-Beverley Heights and Weston

Next to Rustic: 2021 census values and the share of owners.

Brookhaven-AmesburyOakdale-Beverley HeightsMaple LeafWestonPelmo Park-HumberleaDownsviewBrookhaven-AmesburyOakdale-Beverley HeightsMaple LeafWestonPelmo Park-HumberleaDownsviewRustic
Prices next door
TownMedian home valueAverageOwnerskm
Rustic$1M$1.07M37%
Brookhaven-Amesbury$900K$884K41%1.4
Oakdale-Beverley Heights$900K$962K43%1.5
Maple Leaf$1M$1.13M55%1.8
Weston$850K$822K35%1.9
Pelmo Park-Humberlea$900K$921K81%2.7
Downsview$900K$952K53%2.7

Census 2021 values; km.

Questions about property prices in Rustic

Is Rustic expensive for Ontario?

Yes: Rustic’s census median is above the $695,000 of Ontario’s towns.

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).