Photo: Andrepoiy · CC BY-SA 4.0Owners in Upper Thornhill Estates value their homes at 2.6 times the median of Ontario’s towns
Owners valued the median home at $1,800,000 in 2021, where the median of Ontario’s towns was $695,000. Statistics Canada doesn’t publish sales in Ontario, so nothing here says what Upper Thornhill Estates’s homes actually sold for. For 2024, the median assessed value of a residential property is $770,000. 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 Vaughan, Upper Thornhill Estates included.
Upper Thornhill Estates’s homes, by two sources
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. The values date from May 2021 and are what owners thought their homes were worth, not sale prices.
median, owners’ estimate
- Average
- $1.89M
- Owners
- 2,730
- 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).
Vaughan’s detached houses are assessed at 3.5 times the median of Ontario’s towns
Assessors listed 108,165 residential properties in Vaughan for 2024, 62% of them detached houses and 18% 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.
A younger stock than most: 97% of Upper Thornhill Estates’s homes went up after 2000 (Ontario’s towns: 17%)
At the 2021 census, 98% of Upper Thornhill Estates’s 2,950 occupied homes were single-detached houses. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Upper Thornhill Estates | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 3% | 7% | 8% |
| Needing major repairs | 2% | 6% | 6% |
| Too small for the household | 2% | 5% | 3% |
| Households in core housing need | 7% | 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.
Vaughan permitted 31 new homes a year per 1,000, above the 15 of Ontario’s towns
From 2018 to 2023, permits in Vaughan created 18,055 homes, about 3,009 a year. Apartments and other multi-unit buildings dominate: only 13% were single-unit, against 66% for Ontario’s towns.
Most in 2023: 6,623 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
Measured across 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.
Upper Thornhill Estates is dearer than most of Ontario’s towns: 159% above their $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 Upper Thornhill Estates: The Valleys of Thornhill, Hope and Carrville Corners
The places around Upper Thornhill Estates at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Upper Thornhill Estates | $1.8M | $1.89M | 93% | |
| The Valleys of Thornhill | $1.5M | $1.57M | 84% | 2.1 |
| Hope | $1.11M | $1.53M | 85% | 2.9 |
| Carrville Corners | $1.3M | $1.3M | 89% | 2.9 |
| Richmond Hill | $1.2M | $1.34M | 78% | 3.5 |
| Thornhill Woods | $1.3M | $1.39M | 89% | 4 |
| Dufferin Hill | $1M | $1.11M | 92% | 4.1 |
Census 2021 values; km.
Questions about property prices in Upper Thornhill Estates
Is Upper Thornhill Estates expensive for Ontario?
Dearer than the middle: Ontario’s towns come to $695,000, Upper Thornhill Estates to more.
How many households in Upper Thornhill Estates are in core housing need?
Below the norm for Ontario’s towns (9%): 7% in Upper Thornhill Estates, counting the households whose home falls short on cost, size or repair.
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).