Photo: Chicken4War · CC BY-SA 4.0Homes in Stonegate-Queensway are worth 94% more than the median of Ontario’s towns
Owners put the median home at $1,350,000 at the 2021 census; for Ontario’s towns the median is $695,000. What homes sold for in Stonegate-Queensway isn’t public: no sale figures are released in Ontario. On the 2024 assessment, the middle residential property is valued 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. For assessed values, values by property type and building permits, the only official count covers all of the city of Toronto, Stonegate-Queensway included.
What Stonegate-Queensway’s homes are worth, two ways
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $1.44M
- Owners
- 6,600
- 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
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 apartments than most: 37% of the homes in Stonegate-Queensway (Ontario’s towns: 13%)
At the 2021 census, Stonegate-Queensway had 10,515 homes with someone living in them. More than half were built before 1961. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Stonegate-Queensway | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 7% | 7% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 8% | 5% | 3% |
| Households in core housing need | 16% | 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.
17.6 new homes a year per 1,000 in Toronto: in step with Ontario’s towns (15)
Over 2018–2023, 124,736 homes were permitted in Toronto, close to 20,789 each year. 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
Area-wide: monthly permits, counted over 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.
Stonegate-Queensway against Ontario’s towns: 94% over the $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 Stonegate-Queensway: Humber Bay Shores, Mimico-Queensway and High Park-Swansea
Next to Stonegate-Queensway: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Stonegate-Queensway | $1.35M | $1.44M | 63% | |
| Humber Bay Shores | $675K | $749K | 54% | 1.8 |
| Mimico-Queensway | $1M | $1.05M | 53% | 2.2 |
| High Park-Swansea | $990K | $1.42M | 60% | 2.3 |
| Kingsway South | $2M | $2.05M | 81% | 2.4 |
| Runnymede-Bloor West Village | $1.3M | $1.39M | 78% | 2.8 |
| Lambton Baby Point | $1.5M | $1.57M | 59% | 2.9 |
Census 2021 values; km.
Questions about property prices in Stonegate-Queensway
Is Stonegate-Queensway expensive for Ontario?
Above the norm for Ontario’s towns, whose median home is worth $695,000; Stonegate-Queensway’s is worth more.
How many households in Stonegate-Queensway are in core housing need?
Statistics Canada puts 16% of Stonegate-Queensway’s households in core housing need, a higher share than the 9% 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).