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

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Neighbourhood in Milton

Timberlea

family-friendly community-oriented quiet

Timberlea is a quiet neighbourhood in Milton, Ontario. It offers a mix of residential options and community amenities.

Good schools with an average rating of 6.9 Close to parks and playgrounds Diverse housing options available Family-friendly environment Easy access to grocery stores and restaurants

Day to dayLivability

6.9

Schools near listings

out of 10 · averaged over 63 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

$689,900

31% below Milton 4% below Ontario

In Timberlea

$689,900

In Milton

$999,000

In Ontario

$718,000

Median monthly rent

$2,200/mo

4% below Milton 12% below Ontario

In Timberlea

$2,200

In Milton

$2,288

In Ontario

$2,500

≈ 26.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $689,900

Condos 13 · Houses 7

For rent

Median $2,200

Condos 19 · Houses 1

Recently sold

Recently leased

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

Affordable housing compared to city median prices
High ownership rate at 88.7%
Strong community feel with many families
Low percentage of low-income households

Keep in mind

Limited public transit options
Higher rental strain for renters

The feel of the placeLifestyle

Daily life in Timberlea is relaxed, with families enjoying parks and local shops. Residents often commute by car.

Great for families first-time buyers commuters

Within the boundaryWhat's nearby

The boundary

2.5 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

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Pharmacies

Counted across all 2.5 km² of Timberlea. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.9/10

Average rating of the 1 rated school in this area

Elementary

Secondary

Sam Sherratt Public School
Public · Grades JK–8 · Halton DSB
6.9/106.6 over 5 yrs
963rd of 3,045 Ontario elementary schools
385 students · EQAO 2024-2025
E C Drury/Trillium Demonstration School
Public · Grades 4–8 · Provincial and Demonstration Schools
Not rated
E C Drury/Trillium Demonstration School
Public · Grades 9–12 · Provincial and Demonstration Schools
Not rated
E W Foster Public School
Public · Grades JK–5 · Halton DSB
Not rated
265 students · EQAO 2024-2025
Ernest C Drury School for the Deaf
Public · Grades JK–8 · Provincial and Demonstration Schools
Not rated
65 students
Ernest C Drury School for the Deaf
Public · Grades 9–12 · Provincial and Demonstration Schools
Not rated
75 students

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

6,057

Population (2021)

2.6 km²

Area

2,380

People per km²

44.5

Median age

$116,589

Median income

89%

Own their home

2.8

People per household

2,170

Households

Every age

Children (under 15)18.5%
Working age (15–64)58.6%
Seniors (65+)22.9%

What is built here

Detached houses58.9%
Semi-detached10.7%
Townhouses18.3%
Duplexes1.6%
Low-rise apartments6%
High-rise apartments4.4%

Own or rent

89%Owners

11%Renters

Across 2,170 households

When it was built

Mostly 1961–1980

1960 or earlier2%
1961–198051%
1981–199023%
1991–20001%
2001–20058%
2006–20102%
2011–20152%
2016–20218%

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.

19.7%
Born outside Canada: 28.5%
Hold a degree or higher: 56.3%
Employment rate: 4.2%
Commute by transit: 91.6%
Commute by car: 1.8
Children per family: $100,029
Median income after tax: $128,591
Average household income: 6.7%
Living on a low income: $1,722/mo
Renters pay, per month: $1,588/mo
Owners pay, per month: $857,246
Median home value at census: 44.6%
Renters spending 30%+ of income on housing: 12.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 11 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 Market Pulse Condo apartments only Through September 2026 Moderate sales history

What condos in Timberlea actually rent for

58 condos were leased in Timberlea over the 12 months to September 2026. Half leased above $2,093 and half below. A typical condo found its tenant in 10 days.

Median rent: $2,093
Days to lease: 10
Leases closed: 58; last 12 months
Rent per square foot: $3.62/mo; from 58 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.

$2,436$2,262$2,088$1,914

Aug ’26Aug ’26Sep ’26Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 15.5%

From 58 leases that closed here in the last 12 months.

Every month behind these charts — Timberlea, rentals

Monthly closed leases in Timberlea
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	36	$2,150	$2,038 – $2,400	11	100.0%
Aug 2026	22	$2,000	$1,950 – $2,300	9	100.0%

What people ask about Timberlea

How much is rent for a condo in Timberlea?

The median condo lease in Timberlea closed at $2,093 a month over the 12 months to September 2026, across 58 leases.

Compiled by HOMEH from leases reported closed in Timberlea 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.

Condos for Rent in Timberlea, Milton, ON

At a glance