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Neighbourhood in Pickering
Homes for rent in Village East
Village East is a residential neighbourhood in Pickering, Ontario. It offers a mix of homes and amenities for families and individuals.
At a glance
Unit 1505, 1865 Pickering Parkway
Pickering (Village East)
Listed 6 days ago
- 3Bedrooms
- 3Bathrooms
- 2Parking
- 1.4K~1.6KSq.Ft.
Condo TownhouseFor Rent
Unit 1405, 1865 Pickering Parkway
Pickering (Village East)
Listed 7 days ago
- 3Bedrooms
- 3Bathrooms
- 1Parking
- 1.2K~1.4KSq.Ft.
Condo TownhouseFor Rent
1668 Portland Court
Pickering (Village East)
Listed 20 days ago
- 1Bedroom
- 1Bathroom
- 0Garage
- 700~1.1KSq.Ft.
LinkFor Rent
Unit 1106, 1865 Pickering Parkway
Pickering (Village East)
Listed 29 days ago
- 3+1Bedrooms
- 2Bathrooms
- 2Parking
- 1.6K~1.8KSq.Ft.
Condo TownhouseFor Rent
Day to dayLivability
6.4
Schools near listings
out of 10 · averaged over 432 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
$725,000
In Village East
$725,000
In Pickering
$899,000
In Ontario
$704,900
Median monthly rent
$3,000/mo
In Village East
$3,000
In Pickering
$2,400
In Ontario
$2,500
$436
Per square foot
≈ 20.1 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
26
Median $725,000
Condos 15 · Houses 11
For rent
9
Median $3,000
Condos 7 · Houses 2
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-28. 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
- High ownership rate at 83.6%
- Good average income of $101,212
- Family-friendly environment with parks
- Diverse community with a significant immigrant population
Keep in mind
- Median home prices are above city average
- Limited public transit options
- Few schools in the area
The feel of the placeLifestyle
Daily life in Village East is relaxed and community-oriented, ideal for families. Residents enjoy local parks and nearby amenities.
Within the boundaryWhat's nearby
The boundary
1.8 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
4
Parks
7
Playgrounds
4
Grocery stores
12
Restaurants
4
Cafés
1
Gyms
1
Pharmacies
Counted across all 1.8 km² of Village East. From OpenStreetMap, as of 2026-10-26.
The peopleWho lives here
4,370
Population (2021)
1.4 km²
Area
3,207
People per km²
41.3
Median age
$101,212
Median income
84%
Own their home
3
People per household
1,490
Households
Every age
- Children (under 15)14.8%
- Working age (15–64)68.2%
- Seniors (65+)17.1%
What is built here
- Detached houses36.8%
- Semi-detached2%
- Townhouses32.9%
- Duplexes5.9%
- Low-rise apartments0.7%
- High-rise apartments21.7%
Own or rent
84%Owners
16%Renters
Across 1,490 households
When it was built
Mostly 1981–1990
- 1960 or earlier3%
- 1961–198033%
- 1981–199035%
- 1991–200024%
- 2001–20052%
- 2006–20101%
- 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.
- 49.8%
- Born outside Canada
- 28%
- Hold a degree or higher
- 58.3%
- Employment rate
- 8.7%
- Commute by transit
- 84.5%
- Commute by car
- 1.7
- Children per family
- $89,769
- Median income after tax
- $108,183
- Average household income
- 6.3%
- Living on a low income
- $1,809/mo
- Renters pay, per month
- $1,965/mo
- Owners pay, per month
- $669,772
- Median home value at census
- 14.3%
- Renters spending 30%+ of income on housing
- 31.4%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 6 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 Village East actually rent for
27 homes were leased in Village East over the 12 months to September 2026. Half leased above $2,815 and half below, 1.2% lower than the 12 months before. A typical home found its tenant in 23 days.
- Median rent
- $2,815
- -1.2% year over year
- Days to lease
- 23
- Unchanged
- Leases closed
- 27
- last 12 months
- Rent per square foot
- $2.14/mo
- from 27 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
$2,970/mo
on a $3,000 asking rent — under ask by $30
- Of the asking rent
- 99.0%
- Leased over asking
- 7.4%
From 27 leases that closed here in the last 12 months.
Rent or buy in Village East
18.5 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$624,636
66 sales
Median rent
$2,815/mo
27 leases
Gross rental yield
5.41%
before costs
Both figures come from deals that actually closed in Village East 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.
Terracotta marks the last 12 months.
Every month behind these charts — Village East, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 2 | Not enough leases this month to report a median | |||
| Aug 2026 | 2 | Not enough leases this month to report a median | |||
| Jul 2026 | 3 | Not enough leases this month to report a median | |||
| Jun 2026 | 4 | Not enough leases this month to report a median | |||
| May 2026 | 2 | Not enough leases this month to report a median | |||
| Apr 2026 | 2 | Not enough leases this month to report a median | |||
| Mar 2026 | 3 | Not enough leases this month to report a median | |||
| Jan 2026 | 2 | Not enough leases this month to report a median | |||
| Nov 2025 | 3 | Not enough leases this month to report a median | |||
| Oct 2025 | 4 | Not enough leases this month to report a median | |||
| Sep 2025 | 6 | $2,700 | $1,750 – $2,788 | 12 | 100.0% |
| Aug 2025 | 3 | Not enough leases this month to report a median | |||
| Jul 2025 | 2 | Not enough leases this month to report a median | |||
| Jun 2025 | 3 | Not enough leases this month to report a median | |||
| May 2025 | 6 | $2,875 | $2,513 – $2,938 | 17 | 100.0% |
| Apr 2025 | 2 | Not enough leases this month to report a median | |||
| Mar 2025 | 4 | Not enough leases this month to report a median | |||
| Feb 2025 | 4 | Not enough leases this month to report a median | |||
| Jan 2025 | 5 | $2,850 | $2,450 – $3,000 | 21 | 100.0% |
| Dec 2024 | 1 | 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 | 5 | $3,000 | $2,980 – $3,300 | 28 | 100.0% |
| Aug 2024 | 3 | Not enough leases this month to report a median | |||
| Jul 2024 | 9 | $3,100 | $3,000 – $3,300 | 13 | 100.0% |
| Jun 2024 | 1 | Not enough leases this month to report a median | |||
| May 2024 | 5 | $3,000 | $2,850 – $3,000 | 21 | 100.0% |
| Apr 2024 | 4 | Not enough leases this month to report a median | |||
| Mar 2024 | 2 | Not enough leases this month to report a median | |||
| Jan 2024 | 2 | Not enough leases this month to report a median | |||
| Nov 2023 | 1 | Not enough leases this month to report a median | |||
| Oct 2023 | 2 | Not enough leases this month to report a median | |||
26 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 Village East
How much does a home cost in Village East?
Homes in Village East sold for a median of $624,636 over the 12 months to September 2026, across 66 closed sales — half sold for more and half for less. That is 12.0% lower than the 12 months before it.
How long does it take to sell a home in Village East?
A home in Village East took a median of 31 days on the market over the 12 months to September 2026. Homes there closed at 96.9% of the asking price on average, with 16.7% selling over asking.
How much is rent in Village East?
The median lease in Village East closed at $2,815 a month over the 12 months to September 2026, across 27 leases.
Is it cheaper to rent or buy in Village East?
A home in Village East costs about 18.5 years of the rent on one — the median price of $624,636 against a median rent of $2,815 a month, a gross yield of 5.41%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Village East 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 apartments and 18 condo townhouses are on the market in Village East right now. Too few have closed here in the last year for us to publish a median we would stand behind.