Real Estate for Rent in Town Centre, Pickering, ON
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Neighbourhood in Pickering
Town Centre
Town Centre is a vibrant neighbourhood in Pickering, Ontario. It offers a mix of residential options and amenities for families and individuals.
At a glance
Listed 2 days ago
Unit 805, 1000 The Esplanade N
Pickering (Town Centre), ON L1V 6V4
Condo ApartmentFor Rent
Listed 9 days ago
Unit 423, 1400 The Esplanade
Pickering (Town Centre), ON L1V 6V2
Condo TownhouseFor Rent
Listed 19 days ago
Unit 406, 1525 Kingston Road
Pickering (Town Centre), ON L1V 0E9
Condo TownhouseFor Rent
Listed 23 days ago
Unit #80, 1775 Valley Farm Road
Pickering (Town Centre), ON L1V 7J9
Freehold TownhouseFor Rent
Day to dayLivability
6.4
Schools near listings
out of 10 · averaged over 534 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
$595,000
In Town Centre
$595,000
In Pickering
$899,999
In Ontario
$718,000
Median monthly rent
$2,700/mo
In Town Centre
$2,700
In Pickering
$2,400
In Ontario
$2,500
≈ 18.4 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
22
Median $595,000
Condos 21 · Houses 1
For rent
7
Median $2,700
Condos 6 · Houses 1
Recently sold
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Recently leased
Sign in to see leased data
Market data as of 2026-10-12. 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 compared to city median prices
- Good access to grocery stores and pharmacies
- Family-friendly with parks and playgrounds
- Strong community feel with diverse population
Keep in mind
- Limited public transit options
- No schools within the neighbourhood
The feel of the placeLifestyle
Residents enjoy a suburban lifestyle with easy access to amenities. The area is suitable for families and individuals looking for a community feel.
Within the boundaryWhat's nearby
The boundary
1.7 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
7
Parks
5
Playgrounds
6
Grocery stores
32
Restaurants
5
Cafés
3
Gyms
1
Libraries
7
Pharmacies
Counted across all 1.7 km² of Town Centre. From OpenStreetMap, as of 2026-10-12.
The peopleWho lives here
5,247
Population (2021)
1.3 km²
Area
4,175
People per km²
50.7
Median age
$75,580
Median income
67%
Own their home
2.2
People per household
2,450
Households
Every age
- Children (under 15)12.3%
- Working age (15–64)52.2%
- Seniors (65+)35.5%
What is built here
- Detached houses4.2%
- Townhouses20.1%
- Low-rise apartments8.2%
- High-rise apartments67.1%
Own or rent
67%Owners
33%Renters
Across 2,450 households
When it was built
Mostly 1991–2000
- 1960 or earlier3%
- 1961–198014%
- 1981–199026%
- 1991–200030%
- 2001–200514%
- 2006–20105%
- 2011–20151%
- 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.
- 42.7%
- Born outside Canada
- 21.6%
- Hold a degree or higher
- 45.1%
- Employment rate
- 14.5%
- Commute by transit
- 79%
- Commute by car
- 1.6
- Children per family
- $67,813
- Median income after tax
- $87,591
- Average household income
- 10.1%
- Living on a low income
- $1,775/mo
- Renters pay, per month
- $1,611/mo
- Owners pay, per month
- $610,716
- Median home value at census
- 39.6%
- Renters spending 30%+ of income on housing
- 34%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 7 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
What homes in Town Centre actually rent for
48 homes were leased in Town Centre over the 12 months to September 2026. Half leased above $2,720 and half below, 1.8% lower than the 12 months before. A typical home found its tenant in 26 days.
- Median rent
- $2,720
- -1.8% year over year
- Days to lease
- 26
- 1 day quicker
- Leases closed
- 48
- last 12 months
- Rent per square foot
- $2.51/mo
- from 48 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
$2,996/mo
on a $3,000 asking rent — under ask by $4
- Of the asking rent
- 99.9%
- Leased over asking
- 4.2%
From 48 leases that closed here in the last 12 months.
Rent or buy in Town Centre
17.7 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$579,181
79 sales
Median rent
$2,720/mo
48 leases
Gross rental yield
5.64%
before costs
Both figures come from deals that actually closed in Town Centre 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 Town Centre
A single median hides this: the mix of homes behind it, and what each kind costs.
- Condo town$2,74512.5%
- Other kinds, too few of each —87.5%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Town Centre, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 2 | Not enough leases this month to report a median | |||
| Aug 2026 | 10 | $2,750 | $2,613 – $2,800 | 21 | 100.0% |
| Jul 2026 | 3 | Not enough leases this month to report a median | |||
| Jun 2026 | 3 | Not enough leases this month to report a median | |||
| May 2026 | 9 | $2,800 | $2,600 – $2,800 | 21 | 100.0% |
| Apr 2026 | 3 | Not enough leases this month to report a median | |||
| Mar 2026 | 3 | Not enough leases this month to report a median | |||
| Feb 2026 | 1 | 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 | 4 | Not enough leases this month to report a median | |||
| Oct 2025 | 4 | Not enough leases this month to report a median | |||
| Sep 2025 | 8 | $2,500 | $2,338 – $2,688 | 30 | 100.0% |
| Aug 2025 | 11 | $2,895 | $2,775 – $2,925 | 26 | 100.0% |
| Jul 2025 | 5 | $3,100 | $2,750 – $3,200 | 35 | 98.4% |
| Jun 2025 | 6 | $2,850 | $2,650 – $2,975 | 15 | 100.0% |
| May 2025 | 6 | $2,650 | $2,600 – $2,775 | 24 | 100.0% |
| Apr 2025 | 10 | $2,575 | $2,475 – $2,750 | 16 | 100.0% |
| Mar 2025 | 4 | Not enough leases this month to report a median | |||
| Feb 2025 | 2 | Not enough leases this month to report a median | |||
| Jan 2025 | 5 | $2,900 | $2,700 – $3,050 | 48 | 100.0% |
| Dec 2024 | 2 | Not enough leases this month to report a median | |||
| Nov 2024 | 6 | $2,850 | $2,793 – $2,900 | 29 | 99.2% |
| Oct 2024 | 9 | $2,900 | $2,800 – $3,000 | 17 | 100.0% |
| Sep 2024 | 5 | $2,800 | $2,700 – $2,800 | 17 | 100.0% |
| Aug 2024 | 10 | $2,825 | $2,763 – $2,994 | 26 | 100.0% |
| Jul 2024 | 5 | $2,800 | $2,700 – $2,850 | 37 | 100.0% |
| Jun 2024 | 1 | Not enough leases this month to report a median | |||
| May 2024 | 5 | $2,750 | $2,600 – $2,800 | 51 | 100.0% |
| Apr 2024 | 1 | Not enough leases this month to report a median | |||
| Mar 2024 | 6 | $2,775 | $2,700 – $2,962 | 27 | 100.0% |
| Feb 2024 | 2 | Not enough leases this month to report a median | |||
| Jan 2024 | 5 | $2,750 | $2,500 – $3,000 | 19 | 100.0% |
| Dec 2023 | 4 | Not enough leases this month to report a median | |||
| Nov 2023 | 2 | Not enough leases this month to report a median | |||
| Oct 2023 | 3 | Not enough leases this month to report a median | |||
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 Town Centre
How much does a home cost in Town Centre?
Homes in Town Centre sold for a median of $579,181 over the 12 months to September 2026, across 79 closed sales — half sold for more and half for less. That is 9.8% lower than the 12 months before it.
How long does it take to sell a home in Town Centre?
A home in Town Centre took a median of 33 days on the market over the 12 months to September 2026. Homes there closed at 97.7% of the asking price on average, with 13.9% selling over asking.
How much is rent in Town Centre?
The median lease in Town Centre closed at $2,720 a month over the 12 months to September 2026, across 48 leases.
Is it cheaper to rent or buy in Town Centre?
A home in Town Centre costs about 17.7 years of the rent on one — the median price of $579,181 against a median rent of $2,720 a month, a gross yield of 5.64%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Town Centre 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
Half the condo apartments that changed hands in Town Centre over the 12 months to September 2026 sold above $547,289. Condos were 46% of everything that closed here, so there is no freehold market in Town Centre to read that number against.
- Median condo sold price
- $547K
- 36 closed sales
- Days to sell
- 27
- median, condo apartments
- Share of all sales
- 46%
- of everything that closed here