Watermark Community

Neighbourhood in Mono · Ontario · Population 1,747

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Approximate boundaries

Mono doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Mono.

Housing and jobs

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

Affordability

43 · Average

Average monthly rent$1,340/month

Canada: $1,209/month · City-wide figure for Mono · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,491/month

City-wide figure for Mono · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,761/month

City-wide figure for Mono · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,045/month

City-wide figure for Mono · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,294/month

City-wide figure for Mono · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3%

City-wide figure for Mono · CMHC, 2025

Median dwelling value (owner-estimated)$1,075,833

Mono: $1,200,000 · Canada: $472,000 · Estimated · 2016: $725,540 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing12.1%

Mono: 17.7% · Canada: 20.9% · 2006: 20.4% (estimated) · 2016: 12.7% (estimated) · Statistics Canada, 2021

Economy

72 · Good

Median household income$142,820

Mono: $138,000 · Canada: $84,000 · Estimated · 2006: $134,758 (estimated) · 2016: $136,553 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)9.4%

Canada: 5.2% · City-wide figure for Mono · Statistics Canada, 2021

Unemployment rate8.8%

Mono: 10.1% · Canada: 10.3% · 2006: 5.6% (estimated) · 2016: 5.1% (estimated) · Statistics Canada, 2021