Condos for Rent in Wismer, Markham, ON

Name: HOMEH Market Pulse — Wismer, Markham closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

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Neighbourhood in Markham

Wismer

family-friendly community-oriented diverse

Wismer is a family-friendly neighbourhood in Markham. It offers a mix of residential homes and condos, making it suitable for various lifestyles.

Average household size is 3.4 Schools rated 8 out of 10 60.4% of residents are immigrants 84.4% home ownership rate

Day to dayLivability

Schools near listings

out of 10 · averaged over 1,665 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

$1,068,000

2% below Markham 49% above Ontario

In Wismer

$1,068,000

In Markham

$1,088,000

In Ontario

$717,000

Median monthly rent

$2,350/mo

5% below Markham 6% below Ontario

In Wismer

$2,350

In Markham

$2,485

In Ontario

$2,500

≈ 37.9 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $1,068,000

Houses 42 · Condos 15

For rent

Median $2,350

Houses 30 · Condos 12

Recently sold

Recently leased

Market data as of 2026-10-10. 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

Good schools and educational facilities
Family-oriented community
Access to parks and recreational spaces
Stable home ownership rates

Keep in mind

Median home prices are above city average
Limited public transit options

The feel of the placeLifestyle

Daily life in Wismer is relaxed, with families enjoying parks and schools. The community is diverse and welcoming.

Great for families first-time buyers immigrants

Within the boundaryWhat's nearby

The boundary

4.3 km²

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

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Pharmacies

Counted across all 4.3 km² of Wismer. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

8.0/10

Average rating of the 6 rated schools in this area

Elementary

Secondary

Bur Oak Secondary School
Public · Grades 9–12 · York Region DSB
8.9/108.8 over 5 yrs
23rd of 742 Ontario secondary schools
1,865 students · EQAO 2024-2025
Donald Cousens Public School
Public · Grades JK–8 · York Region DSB
8.3/109.1 over 5 yrs
231st of 3,045 Ontario elementary schools
670 students · EQAO 2024-2025
San Lorenzo Ruiz Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
8.2/108.7 over 5 yrs
262nd of 3,045 Ontario elementary schools
375 students · EQAO 2024-2025
Fred Varley Public School
Public · Grades JK–8 · York Region DSB
7.9/108.2 over 5 yrs
387th of 3,045 Ontario elementary schools
665 students · EQAO 2024-2025
Wismer Public School
Public · Grades JK–8 · York Region DSB
7.5/108.0 over 5 yrs
571st of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
John McCrae Public School
Public · Grades JK–8 · York Region DSB
7.2/108.0 over 5 yrs
751st of 3,045 Ontario elementary schools
545 students · EQAO 2024-2025

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

21,973

Population (2021)

4.2 km²

Area

5,191

People per km²

39.1

Median age

$113,347

Median income

84%

Own their home

3.4

People per household

6,555

Households

Every age

Children (under 15)19.4%
Working age (15–64)68.1%
Seniors (65+)12.6%

What is built here

Detached houses54.2%
Semi-detached18.6%
Townhouses15%
High-rise apartments11.5%

Own or rent

84%Owners

16%Renters

Across 6,555 households

When it was built

Mostly 2001–2005

1960 or earlier1%
1961–19800%
1981–19900%
1991–20004%
2001–200533%
2006–201022%
2011–201529%
2016–202112%

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.

60.4%
Born outside Canada: 39.3%
Hold a degree or higher: 55.1%
Employment rate: 8.4%
Commute by transit: 88.1%
Commute by car: 1.8
Children per family: $99,217
Median income after tax: $127,140
Average household income: 10.6%
Living on a low income: $2,351/mo
Renters pay, per month: $2,158/mo
Owners pay, per month: $1,120,974
Median home value at census: 40.5%
Renters spending 30%+ of income on housing: 30.3%
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, HOMEH school registry

HOMEH Market Pulse Condo apartments only Through September 2026 Moderate sales history

What condos in Wismer actually rent for

At least 90 condos were leased in Wismer over the 12 months to September 2026. Half leased above $2,285 and half below, 4.6% lower than the 12 months before. A typical condo found its tenant in 28 days — 8 days slower than a year ago.

3 of the last 12 months had at least 5 closed condos sales in Wismer. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median rent: $2,285; -4.6% year over year
Days to lease: 28; 8 days slower
Leases closed: 90; last 12 months
Rent per square foot: $3.39/mo; from 86 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 condo here differs from the next.

$3,026$2,659$2,291$1,924

Oct ’23Jan ’25Nov ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,987/mo

on a $3,000 asking rent — under ask by $13

−10%Asking rent+10%

Of the asking rent: 99.6%
Leased over asking: 3.3%

From 90 leases that closed here in the last 12 months.

Rent or buy in Wismer

18 years

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

Median sold price

$493,627

17 sales

Median rent

$2,285/mo

90 leases

Gross rental yield

5.55%

before costs

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

How fast it moves

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

Aug 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Wismer, rentals

Monthly closed leases in Wismer
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	6	$2,363	$2,313 – $2,394	18	100.0%
Aug 2026	11	$2,100	$2,000 – $2,225	30	100.0%
Jul 2026	17	$2,300	$2,100 – $2,700	20	100.0%
Jun 2026	8	$2,238	$2,143 – $2,400	24	98.4%
May 2026	9	$2,600	$2,200 – $2,700	43	100.0%
Apr 2026	9	$2,200	$2,050 – $2,200	24	98.0%
Mar 2026	6	$2,050	$2,000 – $2,400	21	100.0%
Jan 2026	6	$2,425	$2,213 – $2,675	38	100.0%
Dec 2025	7	$2,200	$2,153 – $2,275	44	98.8%
Nov 2025	5	$2,450	$2,450 – $2,535	25	100.0%
Oct 2025	6	$2,275	$2,213 – $2,450	23	100.0%
Sep 2025	8	$2,375	$2,338 – $2,575	17	100.0%
Aug 2025	9	$2,300	$2,250 – $2,600	17	100.0%
Jul 2025	10	$2,600	$2,313 – $2,850	9	100.0%
Jun 2025	8	$2,425	$2,238 – $2,556	20	100.0%
May 2025	6	$2,400	$2,288 – $2,775	17	99.0%
Apr 2025	6	$2,375	$2,256 – $2,543	19	100.0%
Mar 2025	7	$2,400	$2,375 – $2,775	20	100.0%
Feb 2025	7	$2,300	$2,200 – $2,400	21	100.0%
Jan 2025	8	$2,300	$2,250 – $2,525	24	100.0%
Dec 2024	7	$2,300	$2,250 – $2,623	25	100.0%
Oct 2024	8	$2,500	$2,488 – $2,638	30	100.0%
Sep 2024	5	$2,350	$2,300 – $2,450	8	100.0%
Aug 2024	15	$2,500	$2,400 – $2,625	24	100.0%
Jul 2024	12	$2,525	$2,400 – $2,950	34	100.0%
Jun 2024	12	$2,400	$2,299 – $2,675	60	100.0%
May 2024	8	$2,545	$2,300 – $2,808	45	100.0%
Feb 2024	7	$2,350	$2,325 – $2,725	33	100.0%
Oct 2023	7	$2,550	$2,449 – $2,875	10	100.0%

What people ask about Wismer

How much does a condo cost in Wismer?

Condos in Wismer sold for a median of $493,627 over the 12 months to September 2026, across at least 17 closed sales — half sold for more and half for less. That is 13.5% lower than the 12 months before it.

How long does it take to sell a condo in Wismer?

A condo in Wismer took a median of 63 days on the market over the 12 months to September 2026. Condos there closed at 93.8% of the asking price on average, with 11.8% selling over asking.

How much is rent for a condo in Wismer?

The median condo lease in Wismer closed at $2,285 a month over the 12 months to September 2026, across at least 90 leases.

Is it cheaper to rent or buy a condo in Wismer?

A condo in Wismer costs about 18.0 years of the rent on one — the median price of $493,627 against a median rent of $2,285 a month, a gross yield of 5.55%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Wismer 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 condo. Not an appraisal or an opinion of value.