Skip to content
AreaScore

Housing and jobs

Housing costs, rents, incomes and jobs in Lakeshore, with comparisons and sources.

Affordability

31 · Below average
Average monthly rent$1,078/month

ON: $1,408/month · Canada: $1,209/month · 2006: $1,046/month · 2016: $980/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$948/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,193/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,451/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.6%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$576,000

ON: $700,000 · Canada: $472,000 · 2016: $326,856 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing11.3%

ON: 24.2% · Canada: 20.9% · 2006: 16.7% · 2016: 12.9% · Statistics Canada, 2021

Economy

50 · Average
Median household income$114,000

ON: $91,000 · Canada: $84,000 · 2006: $104,422 · 2016: $105,038 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)10.4%

ON: 5.8% · Canada: 5.2% · 2016: 6% · Statistics Canada, 2021

Unemployment rate13.2%

ON: 12.2% · Canada: 10.3% · 2006: 5.6% · 2016: 4.6% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.