Photo: Jason Zhang · CC0Steeles lives in apartments: 39% of its homes, beside 13% for Ontario’s towns
Asked in 2021, owners gave a median value of $950,000; averaged, their homes came to $877,149. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Steeles. Assessors valued the median residential property at $557,000 for 2024. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario. Steeles doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Toronto.
Steeles’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. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since.
median, owners’ estimate
- Average
- $877K
- Owners
- 6,510
- 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
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.
36% of Steeles’s homes are condos, where Ontario’s towns have 7%
People lived in 7,860 homes in Steeles at the 2021 census. At least half predate 2001. 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
| Steeles | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 36% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 11% | 5% | 3% |
| Households in core housing need | 24% | 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.
Toronto permitted 17.6 new homes a year per 1,000, close to the 15 of Ontario’s towns
From 2018 to 2023, permits in Toronto created 124,736 homes, about 20,789 a 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
Shared with the rest of the Toronto metro area: monthly permits
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.
Steeles against Ontario’s towns: 37% over the $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 Steeles: East L'Amoreaux, L'Amoreaux West and Hillcrest Village
Next to Steeles: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Steeles | $950K | $877K | 83% | |
| Milliken | $950K | $919K | 84% | 1.8 |
| East L'Amoreaux | $755K | $779K | 75% | 2.3 |
| Underwood | $1M | $1M | 87% | 2.4 |
| L'Amoreaux West | $800K | $860K | 55% | 2.4 |
| Hillcrest Village | $900K | $1M | 73% | 3 |
| Pleasant View | $950K | $915K | 73% | 3.1 |
Census 2021 values; km.
Questions about property prices in Steeles
How many households in Steeles are in core housing need?
In Steeles, 24% of households are in core housing need, against 9% for Ontario’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Steeles expensive for Ontario?
Yes: Steeles’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).