Real Estate for Rent in Old Markham Village, Markham, ON
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Neighbourhood in Markham
Old Markham Village
Old Markham Village is a charming neighbourhood in Markham. It offers a mix of residential options and local amenities.
At a glance
Listed 17 days ago
Unit 2A, 348 Main Street N
Markham (Old Markham Village), ON L3P 1Z1
OtherFor Rent
Listed 21 days ago
10-A Centre Street
Markham (Old Markham Village), ON L3P 2N8
Semi-DetachedFor Rent
Listed 24 days ago
Unit A, 23-A Washington Street
Markham (Old Markham Village), ON L3P 2R4
MultiplexFor Rent
Listed 24 days ago
Unit Coach House, 361 Main Street
Markham (Old Markham Village), ON L3P 1Z3
DetachedFor Rent
Day to dayLivability
7.9
Schools near listings
out of 10 · averaged over 276 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
$1,299,000
In Old Markham Village
$1,299,000
In Markham
$1,088,400
In Ontario
$718,000
Median monthly rent
$2,225/mo
In Old Markham Village
$2,225
In Markham
$2,450
In Ontario
$2,500
≈ 48.7 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
12
Median $1,299,000
Houses 9 · Condos 3
For rent
6
Median $2,225
Houses 6
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-13. 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
- Good school ratings
- Diverse community
- Access to parks and recreation
- Variety of housing types available
Keep in mind
- Higher median sale price than city average
- Limited grocery options
- Commute heavily reliant on cars
The feel of the placeLifestyle
Daily life in Old Markham Village is relaxed, with a friendly community feel. Residents enjoy local dining and parks.
Within the boundaryWhat's nearby
The boundary
1.3 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
3
Playgrounds
1
Transit stations
12
Restaurants
5
Cafés
1
Gyms
1
Pharmacies
Counted across all 1.3 km² of Old Markham Village. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
8.0/10
Average rating of the 1 rated school in this area
1
Elementary
1
Secondary
Franklin Street Public School
Public · Grades JK–8 · York Region DSB
8.0/107.9 over 5 yrs337th of 3,045 Ontario elementary schools
485 students · EQAO 2024-2025
Sharpminds Tutoring Inc.
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Old Markham Village, 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
3,453
Population (2021)
1.4 km²
Area
2,505
People per km²
51.7
Median age
$88,461
Median income
54%
Own their home
2.4
People per household
1,555
Households
Every age
- Children (under 15)13.5%
- Working age (15–64)57.6%
- Seniors (65+)28.9%
What is built here
- Detached houses39%
- Semi-detached4.1%
- Townhouses6.3%
- Duplexes2.5%
- Low-rise apartments8.3%
- High-rise apartments38.4%
Own or rent
54%Owners
46%Renters
Across 1,555 households
When it was built
Mostly 1961–1980
- 1960 or earlier25%
- 1961–198034%
- 1981–199015%
- 1991–20008%
- 2001–20051%
- 2006–20101%
- 2011–20157%
- 2016–20216%
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.
- 43.1%
- Born outside Canada
- 30.2%
- Hold a degree or higher
- 46.8%
- Employment rate
- 9%
- Commute by transit
- 79.1%
- Commute by car
- 1.7
- Children per family
- $76,906
- Median income after tax
- $110,492
- Average household income
- 16.1%
- Living on a low income
- $1,297/mo
- Renters pay, per month
- $1,624/mo
- Owners pay, per month
- $890,521
- Median home value at census
- 44.5%
- Renters spending 30%+ of income on housing
- 27.9%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 5 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
What homes in Old Markham Village actually rent for
37 homes were leased in Old Markham Village over the 12 months to September 2026. Half leased above $2,537 and half below, 11.0% lower than the 12 months before. A typical home found its tenant in 36 days — 7 days slower than a year ago.
- Median rent
- $2,537
- -11.0% year over year
- Days to lease
- 36
- 7 days slower
- Leases closed
- 37
- last 12 months
- Rent per square foot
- $2.57/mo
- from 28 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.
What renters actually paid
$2,979/mo
on a $3,000 asking rent — under ask by $21
- Of the asking rent
- 99.3%
- Leased over asking
- 8.1%
From 37 leases that closed here in the last 12 months.
Rent or buy in Old Markham Village
31.7 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$966,571
32 sales
Median rent
$2,537/mo
37 leases
Gross rental yield
3.15%
before costs
Both figures come from deals that actually closed in Old Markham Village over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
Every month behind these charts — Old Markham Village, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 1 | Not enough leases this month to report a median | |||
| Aug 2026 | 6 | $2,825 | $2,725 – $2,963 | 22 | 100.0% |
| Jul 2026 | 2 | Not enough leases this month to report a median | |||
| Jun 2026 | 2 | Not enough leases this month to report a median | |||
| May 2026 | 2 | Not enough leases this month to report a median | |||
| Apr 2026 | 1 | Not enough leases this month to report a median | |||
| Mar 2026 | 4 | Not enough leases this month to report a median | |||
| Feb 2026 | 4 | Not enough leases this month to report a median | |||
| Jan 2026 | 3 | Not enough leases this month to report a median | |||
| Dec 2025 | 3 | Not enough leases this month to report a median | |||
| Nov 2025 | 3 | Not enough leases this month to report a median | |||
| Oct 2025 | 6 | $2,875 | $2,213 – $2,900 | 59 | 100.0% |
| Sep 2025 | 6 | $2,600 | $1,500 – $2,875 | 38 | 100.0% |
| Jul 2025 | 2 | Not enough leases this month to report a median | |||
| Jun 2025 | 4 | Not enough leases this month to report a median | |||
| Apr 2025 | 1 | Not enough leases this month to report a median | |||
| Feb 2025 | 1 | Not enough leases this month to report a median | |||
| Jan 2025 | 3 | Not enough leases this month to report a median | |||
| Dec 2024 | 4 | Not enough leases this month to report a median | |||
| Nov 2024 | 3 | Not enough leases this month to report a median | |||
| Oct 2024 | 4 | Not enough leases this month to report a median | |||
| Sep 2024 | 2 | Not enough leases this month to report a median | |||
| Aug 2024 | 4 | Not enough leases this month to report a median | |||
| Jul 2024 | 2 | Not enough leases this month to report a median | |||
| Jun 2024 | 4 | Not enough leases this month to report a median | |||
| May 2024 | 2 | Not enough leases this month to report a median | |||
| Apr 2024 | 1 | Not enough leases this month to report a median | |||
| Jan 2024 | 1 | Not enough leases this month to report a median | |||
| Dec 2023 | 3 | Not enough leases this month to report a median | |||
| Nov 2023 | 3 | Not enough leases this month to report a median | |||
27 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 Old Markham Village
How much does a home cost in Old Markham Village?
Homes in Old Markham Village sold for a median of $966,571 over the 12 months to September 2026, across 32 closed sales — half sold for more and half for less. That is 17.2% lower than the 12 months before it.
How long does it take to sell a home in Old Markham Village?
A home in Old Markham Village took a median of 30 days on the market over the 12 months to September 2026. Homes there closed at 96.5% of the asking price on average, with 9.4% selling over asking.
How much is rent in Old Markham Village?
The median lease in Old Markham Village closed at $2,537 a month over the 12 months to September 2026, across 37 leases.
Is it cheaper to rent or buy in Old Markham Village?
A home in Old Markham Village costs about 31.7 years of the rent on one — the median price of $966,571 against a median rent of $2,537 a month, a gross yield of 3.15%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Old Markham Village 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.
A condo here is its own market
3 condo townhouses are on the market in Old Markham Village right now. Too few have closed here in the last year for us to publish a median we would stand behind.