Photo: Jfvoll · CC BY-SA 4.0Homes in Wellesley are worth a median $800,000
That figure comes from 2,570 owner households at the 2021 census. The census asks owners what their home would sell for, so the values are estimates from May 2021. No open sale prices are published in Ontario, so for Wellesley the census value is the measure.
Two ways to price a home in Wellesley
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
median, owners’ estimate
- Average
- $847K
- Owners
- 2,570
- 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).
A detached house in Wellesley is assessed 63% higher than across Ontario’s towns
Of Wellesley’s 3,195 residential properties on the 2024 roll, 89% are detached houses.
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.
How Wellesley’s homes break down, by age and kind
At the 2021 census, 85% of Wellesley’s 3,370 occupied homes were single-detached houses. Half went up before 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Wellesley | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 4% | 7% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 6% | 5% | 3% |
| Households in core housing need | 3% | 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.
14 new homes a year per 1,000 in Wellesley: in step with Ontario’s towns (15)
Over 2018–2023, 254 homes were permitted in Wellesley, close to 42 each year. Single-unit buildings took 84% of them, where Ontario’s towns built 66%.
The busiest year: 2023, with 73 new homes
New homes a year per 1,000 homes
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.
Wellesley is 15% above the $695,000 median of Ontario’s towns
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 Wellesley: Perth East, Waterloo and Elmira
The places around Wellesley at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Wellesley | $800K | $847K | 87% | |
| New Hamburg | $775K | $812K | 86% | 14.8 |
| Perth East | $600K | $645K | 82% | 16.6 |
| Waterloo | $750K | $779K | 61% | 16.9 |
| Elmira | $755K | $819K | 84% | 17.9 |
| Highland West | $695K | $711K | 75% | 18.2 |
| Westmount | $750K | $893K | 54% | 19 |
Census 2021 values; km.
Questions about property prices in Wellesley
How many households in Wellesley are in core housing need?
Below the norm for Ontario’s towns (9%): 3% in Wellesley, counting the households whose home falls short on cost, size or repair.
Is Wellesley expensive for Ontario?
Yes: Wellesley’s census median is above the $695,000 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).