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City in Ontario

Houses for sale under $1M in Mono

Looking for cheap houses for sale in Mono? 17 homes in Mono are listed for sale under $1M, which is 16% of everything for sale. Most are detached houses.

quiet family-friendly rural

9,421 people lived in Mono at the 2021 Census, in 3,125 households. 95% of households owned their home and 4% rented. The most common homes were single-detached houses (98%) and duplex apartments (1%). 38% of homes were built before 1981, and 20% since 2011. 93% of commuters went to work by car and 1% by public transit.

Population: 9,421

Mono, Ontario

Houses for Sale in Mono Under $1M

Day to dayLivability

Walkability

out of 100 · averaged over 2,339 past and present listings

Average walk score reported on listings here

6.3

Schools near listings

out of 10 · averaged over 2,339 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$1,674,500

134% above Ontario

In Mono

$1,674,500

In Ontario

$716,900

Median monthly rent

$4,500/mo

80% above Ontario

In Mono

$4,500

In Ontario

$2,499

$800

Per square foot

≈ 31 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

106

Median $1,674,500

Houses 106

For rent

Median $4,500

Houses 9

Recently sold

Recently leased

Market data as of 2026-08-16. 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

Spacious area with low density
Access to parks for outdoor activities
Good school rating of 6.3

Keep in mind

High home prices above province median
Limited public transit options
Few amenities like gyms and libraries

The feel of the placeLifestyle

Daily life in Mono is peaceful with a focus on nature. Residents enjoy local parks and small-town living.

Great for families buyers seeking space outdoor enthusiasts

Within the boundaryWhat's nearby

The boundary

278.6 km²

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

Parks

Playgrounds

Restaurants

Cafés

Gyms

Counted across all 278.6 km² of Mono. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.7/10

Average rating of the 1 rated school in this area

Elementary

Mono-Amaranth Public School
Public · Grades JK–8 · Upper Grand DSB
6.7/106.5 over 5 yrs
1,101st of 3,045 Ontario elementary schools
295 students · EQAO 2024-2025
By Design Learning Centre
Independent
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Mono, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

9,421

Population (2021)

278.4 km²

Area

People per km²

47.7

Median age

$143,843

Median income

95%

Own their home

3.1

People per household

3,125

Households

Every age

Children (under 15)15.7%
Working age (15–64)64.0%
Seniors (65+)20.3%

What is built here

Detached houses98.1%
Duplexes1%

Own or rent

95%Owners

4%Renters

Across 3,125 households

When it was built

Mostly 1961–1980

1960 or earlier14%
1961–198024%
1981–199017%
1991–200010%
2001–20055%
2006–20107%
2011–201512%
2016–20218%

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.

20.6%
Born outside Canada: 26.2%
Hold a degree or higher: 59.6%
Employment rate: 0.6%
Commute by transit: 92.8%
Commute by car: 1.9
Children per family: $119,604
Median income after tax: $175,339
Average household income: 5.2%
Living on a low income: $1,844/mo
Owners pay, per month: $1,164,073
Median home value at census: 0%
Renters spending 30%+ of income on housing: 15.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 16 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, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about houses for sale under $1M in Mono

How many homes in Mono sell for under $1M?

17 homes in Mono are listed for sale under $1M today, 16% of the 106 homes for sale. Their median asking price is $799,999.

All homes for sale in Mono

What kind of home can I buy in Mono for under $1M?

Under $1M, Mono has detached houses (10), vacant lots (5) and farm (1) for sale. Most range from studios to 5 bedrooms.

Houses for sale in Mono

Keep looking

More Homes for Sale in Mono

106 homes are for sale in Mono. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.

At a glance