Photo: Saud · CC BY-SA 4.0In Thorncliffe Park, 99% of households live in an apartment (Ontario’s towns: 13%)
The 2021 census put the median home at $476,000, with an average of $588,990. The census asks owners what their home would sell for, so the values are estimates from May 2021. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Thorncliffe Park.
What Thorncliffe Park’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. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns.
median, owners’ estimate
- Average
- $589K
- Owners
- 960
- 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). · Assessed values, values by property type and building permits for the city of Toronto
On the assessment roll, Toronto’s houses sit at 3.1 times Ontario’s towns
Of Toronto’s 840,850 residential properties on the 2024 roll, 42% are 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 condos than most: 21% of the homes in Thorncliffe Park (Ontario’s towns: 7%)
The 2021 census counted 7,060 occupied homes in Thorncliffe Park. The older half dates from before 1981. 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
| Thorncliffe Park | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 21% | 7% | 8% |
| Needing major repairs | 9% | 6% | 6% |
| Too small for the household | 43% | 5% | 3% |
| Households in core housing need | 38% | 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
Over 2018–2023, 124,736 homes were permitted in Toronto, close to 20,789 each year. 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
Slowing: 35,927 new homes in the 12 months to August 2026, 13% fewer
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. · Area behind the monthly permits figures: the Toronto metro area
Thorncliffe Park against Ontario’s towns: 32% under 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.
Home values around Thorncliffe Park
Next to Thorncliffe Park: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Thorncliffe Park | $476K | $589K | 14% | |
| Old East York | $1.2M | $1.26M | 65% | 1.2 |
| Leaside-Bennington | $1.8M | $2.04M | 73% | 1.7 |
| Broadview North | $1.2M | $1.19M | 31% | 1.8 |
| Flemingdon Park | $500K | $517K | 43% | 1.9 |
| Danforth East York | $1.1M | $1.13M | 69% | 2 |
| Danforth | $1.2M | $1.18M | 63% | 2.4 |
Census 2021 values; km.
Questions about property prices in Thorncliffe Park
How many households in Thorncliffe Park are in core housing need?
38% of Thorncliffe Park’s households, above the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.
Is Thorncliffe Park expensive for Ontario?
Cheaper than the middle: Ontario’s towns come to $695,000, Thorncliffe Park to less.
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).