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Housing and jobs

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

Affordability

40 · Average
Average monthly rent$1,020/month

ON: $1,408/month · Canada: $1,209/month · 2006: $784/month · 2016: $857/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$976/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,173/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,493/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,794/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.4.3%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$388,000

ON: $700,000 · Canada: $472,000 · 2016: $331,290 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing10.6%

ON: 24.2% · Canada: 20.9% · 2006: 10% · 2016: 10.3% · Statistics Canada, 2021

Economy

47 · Average
Median household income$108,000

ON: $91,000 · Canada: $84,000 · 2006: $95,330 · 2016: $104,948 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)1.9%

ON: 5.8% · Canada: 5.2% · 2016: 3.3% · Statistics Canada, 2021

Unemployment rate8%

ON: 12.2% · Canada: 10.3% · 2006: 7% · 2016: 5.7% · 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.