Real Estate for Rent in Thorold Downtown, Thorold, ON

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Neighbourhood in Thorold

Thorold Downtown

community-oriented family-friendly

Thorold Downtown is a small neighbourhood in Thorold, Ontario. It offers a mix of residential options and local amenities.

Median home price is $581,500 Median rent is $2,220 Average household size is 2.2 Schools have an average rating of 7 Population density is 1,708.9 per km²

At a glance

Photo of Unit Upper, 29 West Street N
For RentNew Listing
Listed for:

Listed 6 days ago

$2,150

Unit Upper, 29 West Street N

Thorold (Thorold Downtown), ON L2V 2S1

3Bedrooms
1Bathroom
1Garage
1.1K-1.5KSq Ft

Upper LevelFor Rent

Photo of 49 Thompson Avenue
For RentFinished Basement
Listed for:

Listed 8 days ago

$2,500

49 Thompson Avenue

Thorold (Thorold Downtown), ON L2V 2N2

3 + 1Bedrooms
2Bathrooms
0Garage
700-1.1KSq Ft

Semi-DetachedFor Rent

Photo of Unit UPPER, 7 Maitland Street
For RentSeparate Entrance
Listed for:

Listed 12 days ago

$1,250

Unit UPPER, 7 Maitland Street

Thorold (Thorold Downtown), ON L2V 3A4

1Bedroom
1Bathroom
0Garage
< 700Sq Ft

DetachedFor Rent

Photo of 76 Baker Street
For Rent
Listed for:

Listed 15 days ago

$2,500

76 Baker Street

Thorold (Thorold Downtown), ON L2V 0N1

4Bedrooms
3Bathrooms
1Garage
1.5K-2KSq Ft

Freehold TownhouseFor Rent

Photo of 54 Front Street S
For Rent
Listed for:

Listed 18 days ago

$1,450

54 Front Street S

Thorold (Thorold Downtown), ON L2V 1X1

1Bedroom
1Bathroom
0Parking
< 700Sq Ft

MultiplexFor Rent

Photo of Unit 505, 5 Baker Street
For Rent
Listed for:

Listed 20 days ago

$1,849

Unit 505, 5 Baker Street

Thorold (Thorold Downtown), ON L2V 0J5

2Bedrooms
1Bathroom
1Parking
700-1.1KSq Ft

MultiplexFor Rent

Day to dayLivability

7

Schools near listings

out of 10 · averaged over 66 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

$581,500

17% below Thorold 19% below Ontario

In Thorold Downtown

$581,500

In Thorold

$698,500

In Ontario

$714,900

Median monthly rent

$2,220/mo

7% below Thorold 11% below Ontario

In Thorold Downtown

$2,220

In Thorold

$2,400

In Ontario

$2,500

≈ 21.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

46

Median $581,500

Houses 46

For rent

25

Median $2,220

Houses 24 · Condos 1

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-19. 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 averages
  • Good school ratings for families
  • Diverse housing options available
  • Community parks and recreational spaces

Keep in mind

  • Limited public transit options
  • No major restaurants or gyms

The feel of the placeLifestyle

Daily life in Thorold Downtown is quiet and community-focused, with essential services nearby. Residents enjoy a suburban feel with access to parks.

Great for first-time buyers small families

Within the boundaryWhat's nearby

The boundary

5.0 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

4

Playgrounds

1

Grocery stores

2

Cafés

1

Libraries

2

Pharmacies

Counted across all 5.0 km² of Thorold Downtown. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

7.0/10

Average rating of the 4 rated schools in this area

4

Elementary

3

Secondary

  • Westmount Public School

    Public · Grades JK–8 · DSB Niagara

    7.6/108.2 over 5 yrs

    516th of 3,045 Ontario elementary schools

    230 students · EQAO 2024-2025

  • Prince of Wales Public School

    Public · Grades JK–8 · DSB Niagara

    7.1/106.9 over 5 yrs

    808th of 3,045 Ontario elementary schools

    290 students · EQAO 2024-2025

  • Thorold Secondary School

    Public · Grades 9–12 · DSB Niagara

    6.8/105.1 over 5 yrs

    254th of 742 Ontario secondary schools

    700 students · EQAO 2024-2025

  • Richmond Street Public School

    Public · Grades JK–8 · DSB Niagara

    6.4/106.8 over 5 yrs

    1,300th of 3,045 Ontario elementary schools

    560 students · EQAO 2024-2025

  • Niagara Catholic Online Secondary School

    Catholic · Grades 9–12 · Niagara CDSB

    Not rated

  • Pope Francis Catholic Elementary School

    Catholic · Grades K–8 · Niagara CDSB

    Not rated

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

8,353

Population (2021)

4.9 km²

Area

1,709

People per km²

43.1

Median age

$66,766

Median income

59%

Own their home

2.2

People per household

3,805

Households

Every age

  • Children (under 15)12.7%
  • Working age (15–64)66.8%
  • Seniors (65+)20.5%

What is built here

  • Detached houses60.1%
  • Semi-detached5.4%
  • Townhouses1.7%
  • Duplexes5.3%
  • Low-rise apartments24.1%
  • High-rise apartments3.3%

Own or rent

59%Owners

40%Renters

Across 3,805 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier53%
  • 1961–198026%
  • 1981–19908%
  • 1991–20003%
  • 2001–20051%
  • 2006–20101%
  • 2011–20151%
  • 2016–20214%

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.

11.8%
Born outside Canada
14.9%
Hold a degree or higher
50%
Employment rate
2.8%
Commute by transit
89.8%
Commute by car
1.6
Children per family
$60,248
Median income after tax
$79,594
Average household income
13.9%
Living on a low income
$958/mo
Renters pay, per month
$1,122/mo
Owners pay, per month
$470,348
Median home value at census
28.9%
Renters spending 30%+ of income on housing
11.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 15 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 Moderate sales history

What homes in Thorold Downtown actually rent for

61 homes were leased in Thorold Downtown over the 12 months to September 2026. Half leased above $2,252 and half below, 9.3% lower than the 12 months before. A typical home found its tenant in 38 days — 4 days slower than a year ago.

Median rent
$2,252
-9.3% year over year
Days to lease
38
4 days slower
Leases closed
61
last 12 months
Rent per square foot
$1.60/mo
from 52 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.

$3,049$2,450$1,850$1,251
Oct ’23Oct ’24Oct ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$2,986/mo

on a $3,000 asking rent — under ask by $14

−10%Asking rent+10%
Of the asking rent
99.5%
Leased over asking
4.9%

From 61 leases that closed here in the last 12 months.

Rent or buy in Thorold Downtown

18.8 years

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

Median sold price

$508,103

112 sales

Median rent

$2,252/mo

61 leases

Gross rental yield

5.32%

before costs

Both figures come from deals that actually closed in Thorold Downtown 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.

Apr 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Thorold Downtown, rentals
Monthly closed leases in Thorold Downtown
MonthClosedMedianMiddle halfDays% of ask
Sep 20265$1,900$1,638 – $2,3005598.7%
Aug 20269$2,361$1,975 – $2,6753599.5%
Jul 20266$2,000$1,575 – $2,42535100.0%
Jun 20262 Not enough leases this month to report a median
May 20265$2,595$2,300 – $2,65035100.0%
Apr 20267$2,350$2,288 – $2,65028100.0%
Mar 20263 Not enough leases this month to report a median
Feb 20264 Not enough leases this month to report a median
Jan 20262 Not enough leases this month to report a median
Dec 20256$2,198$1,845 – $2,66336100.0%
Nov 20254 Not enough leases this month to report a median
Oct 20258$2,200$1,988 – $2,3633698.0%
Sep 20252 Not enough leases this month to report a median
Aug 20259$2,800$2,500 – $2,90021100.0%
Jul 20251 Not enough leases this month to report a median
Jun 20259$2,650$2,550 – $2,70033100.0%
May 20256$2,600$2,163 – $2,92538100.0%
Apr 20258$2,400$2,390 – $2,60030100.0%
Mar 20253 Not enough leases this month to report a median
Feb 20251 Not enough leases this month to report a median
Jan 20258$2,250$2,025 – $2,43859100.0%
Dec 20245$2,400$1,375 – $2,50048100.0%
Nov 202411$2,400$2,325 – $2,50023100.0%
Oct 20249$2,500$1,900 – $2,79022100.0%
Sep 20242 Not enough leases this month to report a median
Aug 20243 Not enough leases this month to report a median
Jul 20249$2,700$2,650 – $2,85033100.0%
Jun 20247$2,200$2,175 – $2,75029100.0%
May 20246$2,263$1,806 – $2,77539100.0%
Apr 20247$2,700$2,450 – $2,90021100.0%
Mar 20243 Not enough leases this month to report a median
Jan 20244 Not enough leases this month to report a median
Dec 20232 Not enough leases this month to report a median
Nov 20231 Not enough leases this month to report a median
Oct 20233 Not enough leases this month to report a median

16 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 Thorold Downtown

How much does a home cost in Thorold Downtown?

Homes in Thorold Downtown sold for a median of $508,103 over the 12 months to September 2026, across 112 closed sales — half sold for more and half for less. That is 8.1% lower than the 12 months before it.

How long does it take to sell a home in Thorold Downtown?

A home in Thorold Downtown took a median of 35 days on the market over the 12 months to September 2026. Homes there closed at 96.3% of the asking price on average, with 9.8% selling over asking.

How much is rent in Thorold Downtown?

The median lease in Thorold Downtown closed at $2,252 a month over the 12 months to September 2026, across 61 leases.

Is it cheaper to rent or buy in Thorold Downtown?

A home in Thorold Downtown costs about 18.8 years of the rent on one — the median price of $508,103 against a median rent of $2,252 a month, a gross yield of 5.32%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Thorold Downtown 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 Thorold Downtown

A condo here is its own market

1 condo apartment is on the market in Thorold Downtown right now. Too few have closed here in the last year for us to publish a median we would stand behind.