Real Estate for Rent in Thornlea, Markham, ON
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Neighbourhood in Markham
Thornlea
Thornlea is a quiet neighbourhood in Markham, Ontario. It features spacious homes and a strong community feel.
Markham, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Listed 12 days ago
96 Bradgate Drive
Markham (Thornlea), ON L3T 7M3
DetachedFor Rent
Listed Sep 8, 2026
186 Huntington Park Drive
Markham (Thornlea), ON L3T 7A7
DetachedFor Rent
Listed Sep 6, 2026
Unit Suite A Second Floor, 24 Glendale Road
Markham (Thornlea), ON L3T 6Y2
DetachedFor Rent
Listed Sep 2, 2026
Unit BSMT, 40 Brewsland Crescent
Markham (Thornlea), ON L3T 7G7
DetachedFor Rent
Day to dayLivability
9
Schools near listings
out of 10 · averaged over 187 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
$1,859,500
In Thornlea
$1,859,500
In Markham
$1,088,800
In Ontario
$715,000
Median monthly rent
$3,125/mo
In Thornlea
$3,125
In Markham
$2,500
In Ontario
$2,500
≈ 49.6 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
12
Median $1,859,500
Houses 12
For rent
6
Median $3,125
Houses 6
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-15. 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
- Good schools nearby
- Low rental percentage
- High median income
- Low low-income percentage
Keep in mind
- Higher prices than city median
- Limited rental options
- Few amenities like restaurants and cafes
The feel of the placeLifestyle
Residents enjoy a suburban lifestyle with a focus on family. Daily life is peaceful, with a strong sense of community.
Within the boundaryWhat's nearby
The boundary
3.1 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
3
Parks
4
Playgrounds
Counted across all 3.1 km² of Thornlea. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
10.0/10
Average rating of the 1 rated school in this area
1
Secondary
St Robert Catholic High School
Catholic · Grades 9–12 · York CDSB
10.0/109.4 over 5 yrs1st of 742 Ontario secondary schools
1,705 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Thornlea, 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
4,734
Population (2021)
3.1 km²
Area
1,509
People per km²
51.2
Median age
$150,124
Median income
97%
Own their home
3
People per household
1,560
Households
Every age
- Children (under 15)12.9%
- Working age (15–64)57.7%
- Seniors (65+)29.4%
What is built here
- Detached houses97.8%
- Duplexes2.2%
Own or rent
97%Owners
2%Renters
Across 1,560 households
When it was built
Mostly 1981–1990
- 1960 or earlier0%
- 1961–198010%
- 1981–199080%
- 1991–20007%
- 2001–20051%
- 2006–20100%
- 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.
- 56.2%
- Born outside Canada
- 55.5%
- Hold a degree or higher
- 50.9%
- Employment rate
- 4%
- Commute by transit
- 89.4%
- Commute by car
- 1.6
- Children per family
- $127,847
- Median income after tax
- $188,906
- Average household income
- 5.8%
- Living on a low income
- $1,274/mo
- Owners pay, per month
- $1,564,514
- Median home value at census
- 19.1%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 10 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)
What homes in Thornlea actually rent for
25 homes were leased in Thornlea over the 12 months to September 2026. Half leased above $3,148 and half below, 20.8% lower than the 12 months before. A typical home found its tenant in 31 days — 9 days slower than a year ago.
- Median rent
- $3,148
- -20.8% year over year
- Days to lease
- 31
- 9 days slower
- Leases closed
- 25
- last 12 months
- Rent per square foot
- $1.47/mo
- from 22 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
$2,986/mo
on a $3,000 asking rent — under ask by $14
- Of the asking rent
- 99.5%
- Leased over asking
- 0%
From 25 leases that closed here in the last 12 months.
Rent or buy in Thornlea
43.3 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$1,634,774
31 sales
Median rent
$3,148/mo
25 leases
Gross rental yield
2.31%
before costs
Both figures come from deals that actually closed in Thornlea 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 — Thornlea, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 1 | Not enough leases this month to report a median | |||
| Aug 2026 | 2 | Not enough leases this month to report a median | |||
| Jul 2026 | 1 | Not enough leases this month to report a median | |||
| Jun 2026 | 3 | Not enough leases this month to report a median | |||
| May 2026 | 1 | Not enough leases this month to report a median | |||
| Apr 2026 | 5 | $2,400 | $2,000 – $2,950 | 26 | 98.5% |
| Mar 2026 | 3 | Not enough leases this month to report a median | |||
| Feb 2026 | 2 | Not enough leases this month to report a median | |||
| Jan 2026 | 3 | Not enough leases this month to report a median | |||
| Dec 2025 | 1 | Not enough leases this month to report a median | |||
| Nov 2025 | 2 | Not enough leases this month to report a median | |||
| Oct 2025 | 1 | Not enough leases this month to report a median | |||
| Aug 2025 | 4 | Not enough leases this month to report a median | |||
| Jul 2025 | 1 | Not enough leases this month to report a median | |||
| Jun 2025 | 5 | $4,900 | $4,000 – $4,900 | 14 | 98.0% |
| May 2025 | 2 | Not enough leases this month to report a median | |||
| Apr 2025 | 2 | Not enough leases this month to report a median | |||
| Mar 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 | 1 | Not enough leases this month to report a median | |||
| Dec 2024 | 1 | Not enough leases this month to report a median | |||
| Nov 2024 | 1 | Not enough leases this month to report a median | |||
| Oct 2024 | 1 | Not enough leases this month to report a median | |||
| Aug 2024 | 2 | Not enough leases this month to report a median | |||
| Jul 2024 | 4 | Not enough leases this month to report a median | |||
| Jun 2024 | 1 | Not enough leases this month to report a median | |||
| May 2024 | 1 | Not enough leases this month to report a median | |||
| Apr 2024 | 2 | Not enough leases this month to report a median | |||
| Feb 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 | 1 | Not enough leases this month to report a median | |||
| Nov 2023 | 2 | Not enough leases this month to report a median | |||
30 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 Thornlea
How much does a home cost in Thornlea?
Homes in Thornlea sold for a median of $1,634,774 over the 12 months to September 2026, across 31 closed sales — half sold for more and half for less. That is 12.4% lower than the 12 months before it.
How long does it take to sell a home in Thornlea?
A home in Thornlea took a median of 36 days on the market over the 12 months to September 2026. Homes there closed at 96.7% of the asking price on average, with 16.1% selling over asking.
How much is rent in Thornlea?
The median lease in Thornlea closed at $3,148 a month over the 12 months to September 2026, across 25 leases.
Is it cheaper to rent or buy in Thornlea?
A home in Thornlea costs about 43.3 years of the rent on one — the median price of $1,634,774 against a median rent of $3,148 a month, a gross yield of 2.31%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Thornlea 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.