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Property prices in Teston · Census 2021 and Statistics Canada

Homes in Teston are worth 44% more than the median of Ontario’s towns

At the 2021 census the median home was worth $1,000,000, where Ontario’s towns sit at $695,000. Those values come from owners at the 2021 census and predate the prices of the years since. Statistics Canada doesn’t publish sales in Ontario, so nothing here says what Teston’s homes actually sold for.

Median home value
$1M
owners’ estimate, census 2021
average $1.14M
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
1,870
census 2021
92% of households
What homes are worth

Two ways to price a home in Teston

Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.

Census 2021$1M

median, owners’ estimate

Average
$1.14M
Owners
1,870
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). · The assessed values, values by property type and building permits numbers here cover the city of Vaughan

By type of home

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

The 2024 assessment roll counts 108,165 homes in Vaughan: detached houses make 62% of them, 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

Since 2001: 37% of the homes in Teston, where Ontario’s towns have 17%

The 2021 census counted 2,050 occupied homes in Teston; 73% of them are single-detached houses. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

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

Before 19611%
1961–1980under 1%
1981–200060%
2001–201537%
2016–2021under 1%
What kind of home

Homes by kind

Single-detached houses73%
Semi-detached houses11%
Row houses13%
Flats in a duplex3%
Apartments, under 5 storeysunder 1%
Apartments, 5+ storeysunder 1%
Against the median town of the province and of Canada
TestonOntarioCanada
Condominiums1%7%8%
Needing major repairs2%6%6%
Too small for the household8%5%3%
Households in core housing need5%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

31 new homes a year per 1,000 in Vaughan: more than Ontario’s towns (15)

From 2018 to 2023, permits in Vaughan created 18,055 homes, about 3,009 a year. Only 13% went into single-unit buildings, beside 66% for Ontario’s towns. Nobody publishes monthly permits for Teston alone, so this card uses the figure for the Toronto metro area.

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.

Across Ontario

Teston is 44% 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.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Home values around Teston

The places around Teston at the 2021 census: median and average value, and how many own.

Peace VillageHopeMapleCarrville CornersPurplevilleUpper Thornhill EstatesPeace VillageHopeMapleCarrville CornersPurplevilleUpper Thornhill EstatesTeston
Prices next door
TownMedian home valueAverageOwnerskm
Teston$1M$1.14M92%
Peace Village$1M$1.12M84%1.7
Hope$1.11M$1.53M85%2.1
Maple$1.1M$1.16M88%2.3
Carrville Corners$1.3M$1.3M89%3.3
Purpleville$1.25M$1.59M91%3.5
Upper Thornhill Estates$1.8M$1.89M93%4.2

Census 2021 values; km.

Questions about property prices in Teston

How many households in Teston are in core housing need?

Statistics Canada puts 5% of Teston’s households in core housing need, a smaller share than the 9% of Ontario’s towns.

Is Teston expensive for Ontario?

More than most: Ontario’s towns have a median of $695,000, and Teston sits above it.

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).