Real Estate for Rent in Belmont, Central Elgin, ON

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Neighbourhood in Central Elgin

Belmont

quiet family-friendly community-focused

Belmont is a quiet neighbourhood in Central Elgin. It offers a mix of residential homes and green spaces.

Population of about 1,951 88.6% home ownership rate Median income of $119,444
Belmont, Central Elgin — HOMEH neighbourhood guide

Central Elgin, Ontario

© Mapbox © OpenStreetMap

At a glance

What it costsAffordability

Median asking price

$749,900

19% above Central Elgin 6% above Ontario

In Belmont

$749,900

In Central Elgin

$629,900

In Ontario

$710,000

Median monthly rent

In Central Elgin

$2,100

In Ontario

$2,500

On the marketMarket snapshot

For sale

13

Median $749,900

Houses 13

For rent

0

Recently sold

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Recently leased

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Market data as of 2026-10-22. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Family-friendly environment
  • Low crime rate
  • Strong sense of community
  • Access to parks and recreational spaces

Keep in mind

  • Limited amenities like restaurants and shops
  • No public transit options available

The feel of the placeLifestyle

Daily life in Belmont is peaceful and community-oriented, ideal for families. Residents enjoy outdoor activities in the parks.

Great for families first-time buyers those seeking a quiet lifestyle

Within the boundaryWhat's nearby

The boundary

5.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

5

Parks

8

Playgrounds

1

Gyms

1

Libraries

Counted across all 5.4 km² of Belmont. From OpenStreetMap, as of 2026-10-19.

The peopleWho lives here

1,951

Population (2021)

5.2 km²

Area

377

People per km²

43.7

Median age

$119,444

Median income

89%

Own their home

2.6

People per household

790

Households

Every age

  • Children (under 15)17.1%
  • Working age (15–64)67.5%
  • Seniors (65+)15.3%

What is built here

  • Detached houses91.4%
  • Semi-detached1.3%
  • Duplexes1.3%
  • Low-rise apartments6.6%

Own or rent

89%Owners

11%Renters

Across 790 households

When it was built

Mostly 1981–1990

  • 1960 or earlier20%
  • 1961–198015%
  • 1981–199020%
  • 1991–200017%
  • 2001–20058%
  • 2006–20100%
  • 2011–20156%
  • 2016–202114%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

8.3%
Born outside Canada
17.2%
Hold a degree or higher
64.8%
Employment rate
0%
Commute by transit
98.1%
Commute by car
1.7
Children per family
$101,644
Median income after tax
$126,196
Average household income
3.8%
Living on a low income
$705/mo
Renters pay, per month
$1,293/mo
Owners pay, per month
$561,326
Median home value at census
12.2%
Renters spending 30%+ of income on housing
4.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 3 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, Photo: © Mapbox © OpenStreetMap

HOMEH Market Pulse Through September 2026 Thin sales history — read the monthly counts

What homes in Belmont actually sell for

24 homes changed hands in Belmont over the 12 months to September 2026. Half sold above $648,840 and half below, 1.0% lower than the 12 months before. A typical home found its buyer in 34 days — 14 days quicker than a year ago.

Median sold price
$649K
-1.0% year over year
Days to sell
34
14 days quicker
Sales closed
24
last 12 months
Per square foot
$451
from 24 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$801K$722K$643K$564K
Oct ’23Sep ’24Sep ’25Aug ’26
Median sold price Middle half of sales

What buyers actually paid

$976,200

on a $1,000,000 asking price — under ask by $23,800

−10%Asking price+10%
Of the asking price
97.6%
Sold over asking
8.3%

From 24 sales that closed here in the last 12 months.

Every month behind these charts — Belmont, sales
Monthly closed sales in Belmont
MonthClosedMedianMiddle halfDays% of ask
Aug 20261 Not enough sales this month to report a median
Jul 20262 Not enough sales this month to report a median
Jun 20263 Not enough sales this month to report a median
May 20262 Not enough sales this month to report a median
Apr 20263 Not enough sales this month to report a median
Mar 20263 Not enough sales this month to report a median
Feb 20261 Not enough sales this month to report a median
Dec 20252 Not enough sales this month to report a median
Nov 20254 Not enough sales this month to report a median
Oct 20253 Not enough sales this month to report a median
Sep 20252 Not enough sales this month to report a median
Aug 20252 Not enough sales this month to report a median
Jul 20252 Not enough sales this month to report a median
Jun 20253 Not enough sales this month to report a median
May 20251 Not enough sales this month to report a median
Apr 20255$645,000$580K – $705K1897.3%
Mar 20251 Not enough sales this month to report a median
Jan 20252 Not enough sales this month to report a median
Dec 20242 Not enough sales this month to report a median
Nov 20242 Not enough sales this month to report a median
Oct 20241 Not enough sales this month to report a median
Sep 20241 Not enough sales this month to report a median
Aug 20243 Not enough sales this month to report a median
Jul 20242 Not enough sales this month to report a median
Jun 20245$690,000$675K – $785K43101.0%
May 20246$759,000$733K – $783K2199.5%
Apr 20241 Not enough sales this month to report a median
Mar 20243 Not enough sales this month to report a median
Feb 20242 Not enough sales this month to report a median
Jan 20243 Not enough sales this month to report a median
Nov 20231 Not enough sales this month to report a median
Oct 20232 Not enough sales this month to report a median

29 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Belmont

How much does a home cost in Belmont?

Homes in Belmont sold for a median of $648,840 over the 12 months to September 2026, across 24 closed sales — half sold for more and half for less. That is 1.0% lower than the 12 months before it.

How long does it take to sell a home in Belmont?

A home in Belmont took a median of 34 days on the market over the 12 months to September 2026. Homes there closed at 97.6% of the asking price on average, with 8.3% selling over asking.

Compiled by HOMEH from sales reported closed in Belmont on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.