Real Estate for Sale in Millbank, Perth East, ON
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Neighbourhood in Perth East
Millbank
Millbank is a small neighbourhood in Perth East. It has a close-knit community with essential services nearby.
At a glance
What it costsAffordability
Median asking price
$729,900
In Millbank
$729,900
In Perth East
$849,900
In Ontario
$709,900
Median monthly rent
In Perth East
$2,600
In Ontario
$2,500
On the marketMarket snapshot
For sale
0
Median $729,900
For rent
0
Recently sold
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Recently leased
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Market data as of 2026-09-15. 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
- High ownership rate at 76.5%
- Good median income of $85,711
- Low commute time with 83.6% driving
Keep in mind
- Limited amenities like parks and gyms
- No secondary schools in the area
The feel of the placeLifestyle
Life in Millbank is quiet and community-focused, ideal for families. Daily needs can be met within the neighbourhood.
Within the boundaryWhat's nearby
The boundary
0.9 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
1
Grocery stores
1
Restaurants
Counted across all 0.9 km² of Millbank. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
1
Elementary
Morning Star Christian School
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Millbank, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source.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
3,451
Population (2021)
107.8 km²
Area
32
People per km²
30.3
Median age
$85,711
Median income
77%
Own their home
3.6
People per household
1,020
Households
Every age
- Children (under 15)29.2%
- Working age (15–64)56.0%
- Seniors (65+)14.8%
What is built here
- Detached houses79.4%
- Semi-detached5%
- Townhouses4%
- Duplexes1%
- Low-rise apartments8.5%
- Other attached homes1%
Own or rent
77%Owners
23%Renters
Across 1,020 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier48%
- 1961–198024%
- 1981–199012%
- 1991–20006%
- 2001–20052%
- 2006–20103%
- 2011–20152%
- 2016–20213%
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.
- 5.2%
- Born outside Canada
- 4.3%
- Hold a degree or higher
- 71.5%
- Employment rate
- 0%
- Commute by transit
- 83.6%
- Commute by car
- 3
- Children per family
- $77,872
- Median income after tax
- $100,980
- Average household income
- 15.4%
- Living on a low income
- $982/mo
- Renters pay, per month
- $1,071/mo
- Owners pay, per month
- $565,462
- Median home value at census
- 11.5%
- Renters spending 30%+ of income on housing
- 14.2%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 4 census areas around the listings we hold here. 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