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Neighbourhood in Scarborough

Homes for rent in Steeles

family-friendly community-oriented diverse

Steeles is a neighbourhood in Scarborough, Ontario, known for its family-friendly environment and diverse community. It offers a mix of residential and condo living, making it suitable for various lifestyles.

Strong school ratings with an average of 7.6 Diverse housing options available High percentage of homeowners at 83.1% Significant immigrant community at 69.5% Good access to parks and playgrounds

At a glance

Photo of Unit 33, 24 Fundy Bay Boulevard

Unit 33, 24 Fundy Bay Boulevard

Scarborough (Steeles)

For RentNew Listing
Listed for:

Listed 6 days ago

$3,100monthly
  • 3Bedrooms
  • 2Bathrooms
  • 2Parking
  • 1.2K~1.4KSq.Ft.

Condo TownhouseFor Rent

Photo of 54 Chapel Park Square

54 Chapel Park Square

Scarborough (Steeles)

For RentNew Listing
Listed for:

Listed 6 days ago

$1,495monthly
  • 1+1Bedrooms
  • 1Bathroom
  • 0Garage
  • <700Sq.Ft.

DetachedFor Rent

Photo of Unit One Bedroom Unit bsmt, 44 Glencoyne Cres

Unit One Bedroom Unit bsmt, 44 Glencoyne Cres

Scarborough (Steeles)

For RentNew Listing
Listed for:

Listed 6 days ago

$1,500monthly
  • 1Bedroom
  • 1Bathroom
  • 0Garage
  • <700Sq.Ft.

Freehold TownhouseFor Rent

Photo of Unit 113, 55 Bamburgh Circle

Unit 113, 55 Bamburgh Circle

Scarborough (Steeles)

For RentNew Listing
Listed for:

Listed 7 days ago

$2,400monthly
  • 1+1Bedrooms
  • 1Bathroom
  • 1Parking
  • 800~899Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit Basement, 5 Firebrace Road

Unit Basement, 5 Firebrace Road

Scarborough (Steeles)

For RentNew Listing
Listed for:

Listed 7 days ago

$1,500monthly
  • 1Bedroom
  • 1Bathroom
  • 0Garage
  • 1.5K~2KSq.Ft.

DetachedFor Rent

Photo of 28 Fawndale Crescent

28 Fawndale Crescent

Scarborough (Steeles)

For Rent
Listed for:

Listed 8 days ago

$3,450monthly
  • 3Bedrooms
  • 3Bathrooms
  • 1Garage
  • 1.1K~1.5KSq.Ft.

LinkFor Rent

Day to dayLivability

7.2

Schools near listings

out of 10 · averaged over 972 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

$652,000

3% below Scarborough 8% below Ontario

In Steeles

$652,000

In Scarborough

$675,000

In Ontario

$709,000

Median monthly rent

$2,480/mo

2% above Scarborough 1% below Ontario

In Steeles

$2,480

In Scarborough

$2,440

In Ontario

$2,500

≈ 21.9 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

47

Median $652,000

Condos 28 · Houses 19

For rent

29

Median $2,480

Houses 16 · Condos 12

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-27. 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 median home prices compared to the city
  • Family-oriented with many schools and parks
  • Community has a mix of ages and backgrounds
  • Strong sense of community with many long-term residents

Keep in mind

  • Limited public transit options
  • Higher unemployment rate at 19.1%
  • Some amenities may be sparse

The feel of the placeLifestyle

Daily life in Steeles is calm and community-focused, with families enjoying local parks and schools. Residents often rely on cars for commuting.

Great for families first-time buyers immigrants

Within the boundaryWhat's nearby

The boundary

4.7 km²

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

9

Parks

9

Playgrounds

1

Grocery stores

11

Restaurants

3

Cafés

1

Libraries

1

Pharmacies

Counted across all 4.7 km² of Steeles. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

7.6/10

Average rating of the 7 rated schools in this area

7

Elementary

5

Secondary

  • St Henry Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    9.3/108.8 over 5 yrs

    53rd of 3,045 Ontario elementary schools

    245 students · EQAO 2024-2025

  • Kennedy Public School

    Public · Grades JK–8 · Toronto DSB

    8.1/108.7 over 5 yrs

    299th of 3,045 Ontario elementary schools

    550 students · EQAO 2024-2025

  • David Lewis Public School

    Public · Grades JK–8 · Toronto DSB

    7.9/108.6 over 5 yrs

    387th of 3,045 Ontario elementary schools

    335 students · EQAO 2024-2025

  • Dr Norman Bethune Collegiate Institute

    Public · Grades 9–12 · Toronto DSB

    7.9/107.7 over 5 yrs

    95th of 742 Ontario secondary schools

    1,135 students · EQAO 2024-2025

  • Sir Samuel B Steele Junior Public School

    Public · Grades JK–6 · Toronto DSB

    7.6/107.7 over 5 yrs

    516th of 3,045 Ontario elementary schools

    325 students · EQAO 2024-2025

  • Mary Ward Catholic Secondary School

    Catholic · Grades 9–12 · Toronto CDSB

    7.2/107.7 over 5 yrs

    178th of 742 Ontario secondary schools

    970 students · EQAO 2024-2025

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

22,943

Population (2021)

4.5 km²

Area

5,061

People per km²

49

Median age

$84,872

Median income

83%

Own their home

3

People per household

7,860

Households

Every age

  • Children (under 15)12.0%
  • Working age (15–64)60.2%
  • Seniors (65+)27.8%

What is built here

  • Detached houses47%
  • Semi-detached2.3%
  • Townhouses7.1%
  • Duplexes3.9%
  • Low-rise apartments3.5%
  • High-rise apartments35.7%

Own or rent

83%Owners

17%Renters

Across 7,860 households

When it was built

Mostly 1981–1990

  • 1960 or earlier2%
  • 1961–198033%
  • 1981–199043%
  • 1991–200013%
  • 2001–20053%
  • 2006–20102%
  • 2011–20152%
  • 2016–20212%

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.

69.5%
Born outside Canada
30.8%
Hold a degree or higher
40%
Employment rate
13.2%
Commute by transit
81.1%
Commute by car
1.6
Children per family
$77,009
Median income after tax
$99,371
Average household income
15.1%
Living on a low income
$1,673/mo
Renters pay, per month
$1,178/mo
Owners pay, per month
$889,632
Median home value at census
31%
Renters spending 30%+ of income on housing
32.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 31 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 Through September 2026 Deep sales history

What homes in Steeles actually rent for

107 homes were leased in Steeles over the 12 months to September 2026. Half leased above $2,777 and half below, 6.6% lower than the 12 months before. A typical home found its tenant in 28 days — 3 days slower than a year ago.

Median rent
$2,777
-6.6% year over year
Days to lease
28
3 days slower
Leases closed
107
last 12 months
Rent per square foot
$2.29/mo
from 104 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.

$4,137$3,354$2,571$1,788
Oct ’23Oct ’24Sep ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,990/mo

on a $3,000 asking rent — under ask by $10

−10%Asking rent+10%
Of the asking rent
99.7%
Leased over asking
14%

From 107 leases that closed here in the last 12 months.

Rent or buy in Steeles

23.3 years

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

Median sold price

$778,073

150 sales

Median rent

$2,777/mo

107 leases

Gross rental yield

4.28%

before costs

Both figures come from deals that actually closed in Steeles 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 Steeles

A single median hides this: the mix of homes behind it, and what each kind costs.

107leases
  • Condo apartment$2,71138.3%
  • Detached$3,24812.1%
  • Other kinds, too few of each —49.6%

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 — Steeles, rentals
Monthly closed leases in Steeles
MonthClosedMedianMiddle halfDays% of ask
Sep 20266$2,575$2,438 – $2,6381399.4%
Aug 202616$2,970$2,400 – $3,02533100.0%
Jul 202615$2,700$2,350 – $3,42526100.0%
Jun 20268$2,740$2,581 – $2,95029100.0%
May 202612$2,700$2,400 – $2,91322100.0%
Apr 20264 Not enough leases this month to report a median
Mar 20269$3,100$2,320 – $3,20050100.0%
Feb 202610$2,850$2,813 – $2,9752698.3%
Jan 20268$2,400$2,200 – $3,16324100.0%
Dec 20255$2,600$2,350 – $2,8004397.9%
Nov 20256$3,000$2,250 – $3,1502699.5%
Oct 20258$2,600$2,250 – $3,01317100.0%
Sep 202519$2,900$2,500 – $3,20020100.0%
Aug 202513$3,100$1,950 – $3,50025100.0%
Jul 20258$3,250$2,625 – $3,5752998.7%
Jun 202510$3,050$2,775 – $3,10013100.0%
May 202510$2,800$2,600 – $3,0001798.5%
Apr 20254 Not enough leases this month to report a median
Mar 20256$3,200$2,838 – $3,3383098.3%
Feb 202511$3,050$2,675 – $3,35030100.0%
Jan 20258$2,725$2,363 – $3,15031100.0%
Dec 202411$3,000$2,350 – $3,35038100.0%
Nov 20246$2,850$2,588 – $3,15027100.0%
Oct 20249$3,000$2,500 – $3,15021100.0%
Sep 20248$3,050$2,988 – $3,52521100.0%
Aug 202413$3,300$2,800 – $3,50015100.0%
Jul 202415$2,550$2,350 – $2,80035100.0%
Jun 202411$3,000$2,600 – $3,60046100.0%
May 20245$2,500$2,250 – $3,00031100.0%
Apr 202410$2,450$2,313 – $2,80034100.0%
Mar 20243 Not enough leases this month to report a median
Feb 20244 Not enough leases this month to report a median
Jan 202414$3,100$2,850 – $3,97529100.0%
Dec 20237$2,750$2,575 – $2,90013100.0%
Nov 20239$3,300$3,000 – $3,40012100.0%
Oct 20239$2,900$2,600 – $3,50011100.0%

4 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 Steeles

How much does a home cost in Steeles?

Homes in Steeles sold for a median of $778,073 over the 12 months to September 2026, across 150 closed sales — half sold for more and half for less. That is 13.7% lower than the 12 months before it.

How long does it take to sell a home in Steeles?

A home in Steeles took a median of 28 days on the market over the 12 months to September 2026. Homes there closed at 96.8% of the asking price on average, with 28.7% selling over asking.

How much is rent in Steeles?

The median lease in Steeles closed at $2,777 a month over the 12 months to September 2026, across 107 leases.

Is it cheaper to rent or buy in Steeles?

A home in Steeles costs about 23.3 years of the rent on one — the median price of $778,073 against a median rent of $2,777 a month, a gross yield of 4.28%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in Steeles?

Over the 12 months to September 2026 the mix in Steeles was condo apartment (25.3% of sales, median $522,142) and detached (23.3% of sales, median $1,128,874).

Compiled by HOMEH from leases reported closed in Steeles 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.

Condos in Steeles

A condo here is 2.2× cheaper than detached houses

Half the condo apartments that changed hands in Steeles over the 12 months to September 2026 sold above $522,142. The neighbourhood's median across every kind of home was $778,073 — one number, two markets.

Condo apartment$522,142
Detached$1,128,874

Median closed prices over the 12 months to September 2026, from 150 sales in Steeles. Medians describe the group, never one home.

Median condo sold price
$522K
38 closed sales
Median condo rent
$2,711/mo
41 leases
Days to sell
29
median, condo apartments
Share of all sales
25%
of everything that closed here