Why
Find your opportunity: Retail shop in Mono
Should I do this? · quick read Indication only
Promising — worth a closer look
75out of 100 · 9 of 12 points from 6 of 6 signals How scoring works
Verified fact
Why Favourable: +9.4% growth is at or above the county's 7.3% (Favourable) · 2 of 2 points
Indication only
Why Favourable: 7 main retail types mapped vs about 12.1 expected at the county rate (58%; Favourable is 70% or less) · 2 of 2 points
Verified fact
Why Favourable: unemployment 10.1% is above the county's 10%, so more people are looking for work (Favourable) · 2 of 2 points
Indication only
Why Watch: 0 of 0 reviewed listing(s) here fit your budget (Watch) · 0 of 2 points
Verified fact
Why Favourable: 2 open or check-intake program(s) match your type and stage (Favourable is 2+, Neutral 1, Watch 0) · 2 of 2 points
Verified fact
Why Neutral: 63.6% of ISED map areas have 50/10 Mbps for most homes (Favourable is 75%+, Neutral 40–74%, Watch under 40%) · 1 of 2 points
How this is worked out
Full scoring rules, sources and limits
This is an indication only: a quick summary of the figures on this page, not a forecast, market study or advice. Each of six signals is rated Favourable (2 points), Neutral (1) or Watch (0):
- Demand: the community's 2016–21 population growth. At or above the county (7.3%) is Favourable; at or above Ontario (5.8%) is Neutral; below Ontario is Watch.
- Competition: only businesses of your chosen type (for a restaurant or café: restaurants + cafés; not pubs or other food types). We compare how many are mapped with how many the community would have at the county-wide rate per resident. If fewer than 2 would be expected, the sample is too small and it says Not enough data. 70% of expected or fewer is Favourable; 70–130% Neutral; more than 130% Watch (crowded). "Anywhere in Dufferin" is always Not enough data.
- Labour: unemployment above the county rate (more people looking for work) is Favourable; otherwise Neutral.
- Space: at least one reviewed WhyDufferin listing that fits your budget is Favourable, none is Watch; if we have no reviewed listings at all it is Not enough data.
- Funding: 2 or more open or check-intake programs matching your type and stage is Favourable, 1 Neutral, 0 Watch.
- Internet: share of ISED map areas where most homes get 50/10 Mbps. 75% or more Favourable, 40–74% Neutral, under 40% Watch.
Signals with Not enough data are left out. The score is the points earned divided by the points possible, out of 100. If fewer than 4 signals have data, no score is shown. 67 or more reads "Promising", 45–66 "Mixed", under 45 "Challenging".
The evidence
Market & competition
Our directory lists 1 retail businesses in Mono (40 county-wide).
Our directory is incomplete. A low count is not proof of demand.
Gaps nearby
- 🗺 Convenience store in Mono: 0 mapped vs ~3.4 expected; nearest J Convenience (~10.7 km) · score 66
- 🗺 Grocery store in Mono: 0 mapped vs ~2.7 expected; nearest Harmony Whole Foods Market (~10.6 km) · score 63
- 🗺 Pet store / grooming in Mono: 0 mapped vs ~1 expected; nearest Pet Valu (~11.1 km) · score 41
- 🗺 Sporting goods / bike in Mono: 0 mapped vs ~1 expected; nearest Sport Chek (~10.6 km) · score 41
- 🗺 Electronics / computer / phone in Mono: 0 mapped vs ~0.9 expected; nearest Best Buy (~10.8 km) · score 38
People & demand
- Population 2021
- 9,421 (9.4% since 2016)
- Median household income
- $138,000
- Participation
- 65.9%
- Unemployment
- 10.1%
- Commute out of town
- 82%
- Renters
- 4.6%
Costs: wages & workforce
| Job (NOC) | Region $/h | Ontario $/h |
|---|---|---|
| Retail salespersons and visual merchandisers (64100) | 17.6 | 17.6 |
| Cashiers (65100) | 17.6 | 17.6 |
| Retail sales supervisors (62010) | 19.36 | 21.5 |
| Retail and wholesale trade managers (60020) | 44.47 | 43.27 |
| Store shelf stockers, clerks and order fillers (65102) | 17.6 | 17.6 |
Business counts Verified fact
| Industry | NAICS code | Mono | Dufferin |
|---|---|---|---|
| Retail trade | 44-45 | 36 | 241 |
| Food and beverage retailers | 445 | 6 | 47 |
Census industry employment Verified fact
Retail trade employs 10.8% of the labour force living in Mono, vs 11.6% county-wide and 10.8% in Ontario.
Wages for key occupations Verified fact
| Occupation | NOC code | Low | Median | High | Ontario median |
|---|---|---|---|---|---|
| Retail salespersons and visual merchandisers | 64100 | $17.60 | $17.60 | $30.00 | $17.60 |
| Cashiers | 65100 | $17.60 | $17.60 | $18.00 | $17.60 |
| Retail sales supervisors | 62010 | $17.60 | $19.36 | $33.08 | $21.50 |
| Retail and wholesale trade managers | 60020 | $20.00 | $44.47 | $84.13 | $43.27 |
| Store shelf stockers, clerks and order fillers | 65102 | $17.60 | $17.60 | $23.00 | $17.60 |
Mono at a glance Verified fact
- Commuting: 82% of commuters with a usual workplace work outside Mono.
- Labour force participation 65.9%, unemployment 10.1% (county 69.3%, 10%).
- Median household income (2020) $138,000 (county $108,000).
- Renter households 4.6%; median tenant shelter cost $1,060/month.
- CMHC rent data is published for Orangeville only (average $1,532, October 2025).
Internet and transit Verified fact
Broadband: in 7 of 11 ISED hexagons in Mono, more than 75% of households can get 50/10 Mbps.
- Amaranth and Mono: Laurel, Camilla, Salem · 638 homes and businesses · Complete, August 2022 (SWIFT)
- Mono fibre-to-the-home upgrade (consent canvassing by FusionTech) · Under way (Town of Mono notice)
Providers: Rogers 1-888-764-3771 (check) · NFTC (North Frontenac Telephone Company) 1-888-638-3575 (check). All provider contacts
No GO Transit stops in Mono (GTFS feed 20261005110625).
Space, utilities & internet
No reviewed listings in Mono yet.
- Power
- Hydro One
- Gas
- Older report: no gas outside residential subdivisions in Mono (Orangeville Citizen, undated). Enbridge proposed a Hockley Village extension in 2020; we found no confirmation it was funded or built
- Water
- Two town water systems: Cardinal Woods (over 450 connections) and Island Lake/Coles (over 600). Elsewhere, private wells
- Internet
- Rogers fibre upgrade under way; NFTC SWIFT fibre in Camilla and Salem; see /data#fibre
Property tax: see residential, commercial and industrial rates for this town
Next steps
Your plan
- Talk to the free SBEC before spending money.
- Visit the area and the comparable businesses; talk to owners.
- Shortlist locations and check zoning with the municipality.
- Draft a business plan and cash flow, then check funding.
Find a space: commercial realtors
The Mullin Group (Mike Mullin, Broker; Shane Mullin, REALTOR®)
Amanda Ross, Sales Representative
Ann Butler, Sales Representative
James Tasca, Broker of Record
Utilities & internet
- Power
- Hydro One
- Gas
- Older report: no gas outside residential subdivisions in Mono (Orangeville Citizen, undated). Enbridge proposed a Hockley Village extension in 2020; we found no confirmation it was funded or built
- Water
- Two town water systems: Cardinal Woods (over 450 connections) and Island Lake/Coles (over 600). Elsewhere, private wells
- Internet
- Rogers fibre upgrade under way; NFTC SWIFT fibre in Camilla and Salem; see /data#fibre
Property tax: see residential, commercial and industrial rates for this town
Who to call
Weigh it up
See Mono side by side with another community, same business and budget.