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Neighbourhood in Etobicoke

Homes for rent in Markland Wood

family-friendly community-oriented quiet suburban

Markland Wood is a residential neighbourhood in Etobicoke. It offers a mix of homes and a community feel.

Good schools with an average rating of 7.4 Majority of homes are single detached Close to parks and playgrounds Diverse community with many immigrants Convenient access to transit options
Markland Wood, Etobicoke — HOMEH neighbourhood guide

Etobicoke, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Photo of Unit 43, 51 Broadfield Drive

Unit 43, 51 Broadfield Drive

Etobicoke (Markland Wood)

For RentNew Listing
Listed for:

Listed 3 days ago

$3,800monthly
  • 4+1Bedrooms
  • 3Bathrooms
  • 1Parking
  • 1.4K~1.6KSq.Ft.

Condo TownhouseFor Rent

Photo of 16 Terryellen Crescent

16 Terryellen Crescent

Etobicoke (Markland Wood)

For Rent
Listed for:

Listed 8 days ago

$3,400monthly
  • 3Bedrooms
  • 2Bathrooms
  • 1Garage
  • 1.5K~2KSq.Ft.

DetachedFor Rent

Photo of Unit 409, 4365 Bloor Street W

Unit 409, 4365 Bloor Street W

Etobicoke (Markland Wood)

For Rent
Listed for:

Listed 10 days ago

$3,650monthly
  • 3Bedrooms
  • 2Bathrooms
  • 1Parking
  • 800~899Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 304, 4365 Bloor Street W

Unit 304, 4365 Bloor Street W

Etobicoke (Markland Wood)

For Rent
Listed for:

Listed 10 days ago

$3,150monthly
  • 2+1Bedrooms
  • 2Bathrooms
  • 1Parking
  • 700~799Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 403, 4365 Bloor Street W

Unit 403, 4365 Bloor Street W

Etobicoke (Markland Wood)

For Rent
Listed for:

Listed 10 days ago

$3,050monthly
  • 2+1Bedrooms
  • 2Bathrooms
  • 1Parking
  • 800~899Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 110, 49 Broadfield Drive W

Unit 110, 49 Broadfield Drive W

Etobicoke (Markland Wood)

For Rent
Listed for:

Listed 10 days ago

$3,600monthly
  • 3Bedrooms
  • 2Bathrooms
  • 1Parking
  • 900~999Sq.Ft.

Condo TownhouseFor Rent

Day to dayLivability

7.4

Schools near listings

out of 10 · averaged over 576 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

$748,900

2% below Etobicoke 6% above Ontario

In Markland Wood

$748,900

In Etobicoke

$763,490

In Ontario

$709,000

Median monthly rent

$3,350/mo

24% above Etobicoke 34% above Ontario

In Markland Wood

$3,350

In Etobicoke

$2,700

In Ontario

$2,500

≈ 18.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

45

Median $748,900

Condos 32 · Houses 13

For rent

14

Median $3,350

Condos 12 · Houses 2

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-27. 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 median income of $115,688
  • Low crime rate
  • Strong community involvement

Keep in mind

  • Housing prices are above the city median
  • Limited grocery and restaurant options

The feel of the placeLifestyle

Daily life in Markland Wood is quiet and community-oriented. Residents enjoy local parks and schools.

Great for families first-time buyers professionals

Within the boundaryWhat's nearby

The boundary

3.0 km²

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

8

Parks

8

Playgrounds

3

Cafés

1

Gyms

3

Pharmacies

Counted across all 3.0 km² of Markland Wood. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

8.0/10

Average rating of the 2 rated schools in this area

4

Elementary

1

Secondary

  • St Clement Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    9.6/108.7 over 5 yrs

    35th of 3,045 Ontario elementary schools

    555 students · EQAO 2024-2025

  • Silverthorn Collegiate Institute

    Public · Grades 9–12 · Toronto DSB

    6.3/106.0 over 5 yrs

    338th of 742 Ontario secondary schools

    880 students · EQAO 2024-2025

  • Bloordale Middle School

    Public · Grades 6–8 · Toronto DSB

    Not rated

    480 students · EQAO 2024-2025

  • Millwood Junior School

    Public · Grades JK–5 · Toronto DSB

    Not rated

    400 students · EQAO 2024-2025

  • Quo Vadis Elementary School

    Independent

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Markland Wood, 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

10,559

Population (2021)

2.9 km²

Area

3,606

People per km²

51

Median age

$115,688

Median income

74%

Own their home

2.5

People per household

4,220

Households

Every age

  • Children (under 15)12.5%
  • Working age (15–64)59.5%
  • Seniors (65+)28.0%

What is built here

  • Detached houses41.9%
  • Townhouses6.6%
  • Duplexes0.8%
  • Low-rise apartments3.7%
  • High-rise apartments46.5%

Own or rent

74%Owners

27%Renters

Across 4,220 households

When it was built

Mostly 1961–1980

  • 1960 or earlier19%
  • 1961–198074%
  • 1981–19903%
  • 1991–20001%
  • 2001–20050%
  • 2006–20101%
  • 2011–20150%
  • 2016–20210%

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.

37.7%
Born outside Canada
40.1%
Hold a degree or higher
50.9%
Employment rate
11.9%
Commute by transit
80.5%
Commute by car
1.6
Children per family
$97,695
Median income after tax
$153,071
Average household income
6.4%
Living on a low income
$1,592/mo
Renters pay, per month
$1,342/mo
Owners pay, per month
$987,878
Median home value at census
25.7%
Renters spending 30%+ of income on housing
16.2%
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, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in Markland Wood actually rent for

72 homes were leased in Markland Wood over the 12 months to September 2026. Half leased above $2,964 and half below, 5.1% higher than the 12 months before. A typical home found its tenant in 25 days — 2 days slower than a year ago.

Median rent
$2,964
+5.1% year over year
Days to lease
25
2 days slower
Leases closed
72
last 12 months
Rent per square foot
$2.69/mo
from 68 sized leases

Three years of rents

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

$4,661$3,762$2,863$1,963
Oct ’23Oct ’24Oct ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,999/mo

on a $3,000 asking rent — under ask by $1

−10%Asking rent+10%
Of the asking rent
100.0%
Leased over asking
12.5%

From 72 leases that closed here in the last 12 months.

Rent or buy in Markland Wood

25.8 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$918,602

98 sales

Median rent

$2,964/mo

72 leases

Gross rental yield

3.87%

before costs

Both figures come from deals that actually closed in Markland Wood over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Markland Wood

A single median hides this: the mix of homes behind it, and what each kind costs.

72leases
  • Condo apartment$2,78331.9%
  • Other kinds, too few of each —68.1%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2023Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Markland Wood, rentals
Monthly closed leases in Markland Wood
MonthClosedMedianMiddle halfDays% of ask
Sep 20266$3,194$2,813 – $3,28421100.0%
Aug 20266$3,000$2,756 – $3,59440100.0%
Jul 20263 Not enough leases this month to report a median
Jun 20268$2,688$2,199 – $3,31329100.0%
May 20267$2,200$2,150 – $3,25638100.0%
Apr 20264 Not enough leases this month to report a median
Mar 20265$3,200$2,595 – $3,40025100.0%
Feb 202610$2,750$2,325 – $3,38421100.0%
Jan 202610$3,200$2,675 – $3,54912100.0%
Dec 20254 Not enough leases this month to report a median
Nov 20254 Not enough leases this month to report a median
Oct 20255$3,150$3,103 – $3,30036100.0%
Sep 20254 Not enough leases this month to report a median
Aug 20251 Not enough leases this month to report a median
Jul 20254 Not enough leases this month to report a median
Jun 20252 Not enough leases this month to report a median
May 20251 Not enough leases this month to report a median
Mar 20256$2,725$2,699 – $3,12522100.0%
Feb 20252 Not enough leases this month to report a median
Jan 20255$2,749$2,700 – $2,99919100.0%
Dec 20243 Not enough leases this month to report a median
Nov 20243 Not enough leases this month to report a median
Oct 20247$2,675$2,485 – $4,4758100.0%
Sep 20244 Not enough leases this month to report a median
Aug 20247$3,245$2,950 – $3,47336104.8%
Jul 20245$2,450$2,450 – $2,95026100.0%
Jun 20241 Not enough leases this month to report a median
May 20242 Not enough leases this month to report a median
Apr 20246$3,038$2,594 – $3,23831100.0%
Feb 20241 Not enough leases this month to report a median
Jan 20243 Not enough leases this month to report a median
Dec 20233 Not enough leases this month to report a median
Nov 20234 Not enough leases this month to report a median
Oct 20235$3,500$3,200 – $3,8009100.0%

19 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Markland Wood

How much does a home cost in Markland Wood?

Homes in Markland Wood sold for a median of $918,602 over the 12 months to September 2026, across 98 closed sales — half sold for more and half for less. That is 1.9% lower than the 12 months before it.

How long does it take to sell a home in Markland Wood?

A home in Markland Wood took a median of 26 days on the market over the 12 months to September 2026. Homes there closed at 96.7% of the asking price on average, with 12.2% selling over asking.

How much is rent in Markland Wood?

The median lease in Markland Wood closed at $2,964 a month over the 12 months to September 2026, across 72 leases.

Is it cheaper to rent or buy in Markland Wood?

A home in Markland Wood costs about 25.8 years of the rent on one — the median price of $918,602 against a median rent of $2,964 a month, a gross yield of 3.87%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in Markland Wood?

Over the 12 months to September 2026 the mix in Markland Wood was detached (29.6% of sales, median $1,545,345) and condo apartment (26.5% of sales, median $585,731).

Compiled by HOMEH from leases reported closed in Markland Wood 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.

Condos in Markland Wood

A condo here is 2.6× cheaper than detached houses

Half the condo apartments that changed hands in Markland Wood over the 12 months to September 2026 sold above $585,731. The neighbourhood's median across every kind of home was $918,602 — one number, two markets.

Condo apartment$585,731
Detached$1,545,345

Median closed prices over the 12 months to September 2026, from 98 sales in Markland Wood. Medians describe the group, never one home.

Median condo sold price
$586K
26 closed sales
Median condo rent
$2,783/mo
23 leases
Days to sell
26
median, condo apartments
Share of all sales
27%
of everything that closed here
25condo apartments for sale 9condo apartments for rent