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C−Cost of living Grade
Property prices in Elder Mills · Census 2021 and Statistics Canada

Owners in Elder Mills value their homes 73% above the median of Ontario’s towns

Owners put the median home at $1,200,000 at the 2021 census; for Ontario’s towns the median is $695,000. The census asks owners what their home would sell for, so the values are estimates from May 2021. What homes sold for in Elder Mills isn’t public: no sale figures are released in Ontario.

Median home value
$1.2M
owners’ estimate, census 2021
average $1.26M
Median assessed value
$770K
2024, on MPAC’s 2016 base
New homes a year
3,009
permits, 2018–2023
31 per 1,000 homes
Owner households
4,750
census 2021
95% of households
What homes are worth

Two ways to price a home in Elder Mills

Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. 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. Elder Mills doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Vaughan.

Census 2021$1.2M

median, owners’ estimate

Average
$1.26M
Owners
4,750
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$770K

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

A detached house in Vaughan is assessed at 3.5 times the middle of Ontario’s towns

In 2024, Vaughan had 108,165 residential properties on the roll, detached houses 62% of them and condos 18%.

Assessed value

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

Detached houses$896K
Semi-detached$616K
Row houses$602K
Condos$370K
The mix of properties
Detached houses62%
Condos18%
Row houses13%
Semi-detached7%
2,670 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
778 sq ft
living area of the median condo
83%
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

A younger stock than most: 40% of Elder Mills’s homes went up after 2000 (Ontario’s towns: 17%)

At the 2021 census, 73% of Elder Mills’s 4,995 occupied homes were single-detached houses. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

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

Before 1961under 1%
1961–19801%
1981–200059%
2001–201539%
2016–20211%
What kind of home

Homes by kind

Single-detached houses73%
Semi-detached houses18%
Row houses7%
Flats in a duplex2%
Apartments, under 5 storeysunder 1%
Apartments, 5+ storeysunder 1%
Against the median town of the province and of Canada
Elder MillsOntarioCanada
Condominiums1%7%8%
Needing major repairs3%6%6%
Too small for the household5%5%3%
Households in core housing need6%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

Building ahead of Ontario’s towns: 31 new homes a year per 1,000 in Vaughan, against 15

From 2018 to 2023, permits in Vaughan created 18,055 homes, about 3,009 a year. Multi-unit buildings took most: single-unit ones were just 13%, where Ontario’s towns built 66%.

Permits by year, 2018–2023

The busiest year: 2023, with 6,623 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Vaughan31
Ontario’s towns15
The typical Canadian town13.8
$959M
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. · Data for monthly permits covers the Toronto metro area

Across Ontario

Elder Mills is 73% above the $695,000 median of Ontario’s towns

871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Lower values near Elder Mills: Woodbridge Meadows, The Ravines of Rainbow Creek and Woodbridge

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

Woodbridge MeadowsPine GroveThe Ravines of Rainbow CreekThe Estates of Rainbow CreekNew KleinburgWoodbridgeWoodbridge MeadowsPine GroveThe Ravines of Rainbow CreekThe Estates of Rainbow CreekNew KleinburgWoodbridgeElder Mills
Prices next door
TownMedian home valueAverageOwnerskm
Elder Mills$1.2M$1.26M95%
Woodbridge Meadows$1M$1.16M95%1.9
Pine Grove$1.51M$1.51M93%2.7
The Ravines of Rainbow Creek$1.1M$1.31M90%2.8
The Estates of Rainbow Creek$1.2M$1.17M91%3.4
New Kleinburg$1.5M$1.8M92%3.6
Woodbridge$1M$1.05M79%4.6

Census 2021 values; km.

Questions about property prices in Elder Mills

Is Elder Mills expensive for Ontario?

On census values, Elder Mills ranks among the dearer of Ontario’s towns (median $695,000).

How many households in Elder Mills are in core housing need?

6% of Elder Mills’s households, under the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.

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).