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Highest Home Value in Canada

Top 100 cities ranked by highest home value

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All Countries  ·  Canada

Highest Home Value — Canada

1 West Vancouver BC $2,500,000
2 Westmount QC $1,800,000
3 King City ON $1,600,000
4 King ON $1,600,000
5 Hampstead QC $1,510,000
6 Vancouver BC $1,450,000
7 Oak Bay BC $1,400,000
8 Mont-Royal QC $1,390,000
9 Richmond Hill ON $1,200,000
10 Vaughan ON $1,200,000
11 Oakville ON $1,200,000
12 Mono ON $1,200,000
13 North Saanich BC $1,200,000
14 Whistler BC $1,200,000
15 Delta BC $1,190,000
16 Markham ON $1,100,000
17 Metro Vancouver A BC $1,100,000
18 East Gwillimbury ON $1,000,000
19 Squamish BC $1,000,000
20 Port Moody BC $1,000,000
21 Surrey BC $1,000,000
22 Metchosin BC $1,000,000
23 Caledon ON $1,000,000
24 Whitchurch-Stouffville ON $1,000,000
25 Puslinch ON $1,000,000
26 Aurora ON $1,000,000
27 Richmond BC $990,000
28 North Vancouver BC $990,000
29 Erin ON $980,000
30 Burnaby BC $980,000
31 Milton ON $950,000
32 Newmarket ON $950,000
33 The Blue Mountains ON $950,000
34 Saanich BC $930,000
35 Burlington ON $900,000
36 Uxbridge ON $900,000
37 White Rock BC $900,000
38 Guelph/Eramosa ON $900,000
39 Mississauga ON $900,000
40 Toronto ON $900,000
41 Rocky View County AB $900,000
42 Foothills County AB $900,000
43 Niagara-on-the-Lake ON $900,000
44 Maple Ridge BC $900,000
45 Brampton ON $900,000
46 Central Saanich BC $900,000
47 Bradford West Gwillimbury ON $900,000
48 Nanaimo E BC $900,000
49 Port Coquitlam BC $900,000
50 Halton Hills ON $900,000
51 Pitt Meadows BC $890,000
52 Pickering ON $880,000
53 Montréal-Ouest QC $870,000
54 Adjala-Tosorontio ON $860,000
55 Abbotsford BC $850,000
56 Springwater ON $850,000
57 Whitby ON $850,000
58 Canmore AB $850,000
59 North Dumfries ON $850,000
60 Ajax ON $850,000
61 Scugog ON $800,000
62 Beaconsfield QC $800,000
63 Colwood BC $800,000
64 Saltspring Island BC $800,000
65 Oro-Medonte ON $800,000
66 Wellesley ON $800,000
67 Lake Country BC $800,000
68 Comox Valley B BC $800,000
69 View Royal BC $800,000
70 Grimsby ON $780,000
71 Wilmot ON $775,000
72 Coldstream BC $755,000
73 Woolwich ON $755,000
74 Clarington ON $750,000
75 Comox Valley C BC $750,000
76 Nanaimo G BC $750,000
77 West Kelowna BC $750,000
78 Middlesex Centre ON $750,000
79 Georgina ON $750,000
80 Cowichan Valley C BC $750,000
81 Pelham ON $750,000
82 Waterloo ON $750,000
83 Kirkland QC $750,000
84 Chilliwack BC $750,000
85 Victoria BC $750,000
86 Orangeville ON $750,000
87 New Tecumseth ON $750,000
88 Sidney BC $750,000
89 Innisfil ON $750,000
90 Langford BC $730,000
91 Kelowna BC $725,000
92 Comox Valley A BC $725,000
93 Qualicum Beach BC $725,000
94 Muskoka Lakes ON $725,000
95 Banff AB $725,000
96 Centre Wellington ON $715,000
97 West Lincoln ON $700,000
98 Peachland BC $700,000
99 Cowichan Valley B BC $700,000
100 Trent Lakes ON $700,000

The most expensive housing markets in Canada reflect areas of high demand, limited supply, and strong local economies. West Vancouver leads with a median home value of $2,500,000. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in West Vancouver costs $2,500,000 — 7.1x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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