Real Estate for Rent in Steeles, Scarborough, ON
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Neighbourhood in Scarborough
Steeles
Steeles is a residential neighbourhood in Scarborough, Ontario. It offers a mix of homes and amenities, making it a suitable place for families and individuals.
At a glance
Listed 1 day ago
Unit Basement, 5 Firebrace Road
Scarborough (Steeles), ON M1W 2Z3
DetachedFor Rent
Listed 2 days ago
28 Fawndale Crescent
Scarborough (Steeles), ON M1W 3K1
LinkFor Rent
Listed 4 days ago
48 New Forest Square
Scarborough (Steeles), ON M1V 2Z8
DetachedFor Rent
Listed 4 days ago
Unit 1924, 75 Bamburgh Circle
Scarborough (Steeles), ON M1W 3W1
Condo ApartmentFor 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
$684,500
In Steeles
$684,500
In Scarborough
$679,000
In Ontario
$714,900
Median monthly rent
$2,480/mo
In Steeles
$2,480
In Scarborough
$2,500
In Ontario
$2,500
≈ 23 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
46
Median $684,500
Condos 26 · Houses 20
For rent
27
Median $2,480
Houses 16 · Condos 10
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
- Family-friendly environment
- Strong community with a diverse population
- Good access to schools and parks
- Affordable housing compared to the province's median
Keep in mind
- Limited public transit options
- Higher median rent compared to the city median
The feel of the placeLifestyle
Daily life in Steeles is relaxed, with many families enjoying local parks and schools. The community has a friendly atmosphere and a good balance of amenities.
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 2026-10-19.
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 yrs53rd 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 yrs299th 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 yrs387th 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 yrs95th 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 yrs516th 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 yrs178th 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
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.
What renters actually paid
$2,990/mo
on a $3,000 asking rent — under ask by $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.
- 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.
Terracotta marks the last 12 months.
Every month behind these charts — Steeles, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 6 | $2,575 | $2,438 – $2,638 | 13 | 99.4% |
| Aug 2026 | 16 | $2,970 | $2,400 – $3,025 | 33 | 100.0% |
| Jul 2026 | 15 | $2,700 | $2,350 – $3,425 | 26 | 100.0% |
| Jun 2026 | 8 | $2,740 | $2,581 – $2,950 | 29 | 100.0% |
| May 2026 | 12 | $2,700 | $2,400 – $2,913 | 22 | 100.0% |
| Apr 2026 | 4 | Not enough leases this month to report a median | |||
| Mar 2026 | 9 | $3,100 | $2,320 – $3,200 | 50 | 100.0% |
| Feb 2026 | 10 | $2,850 | $2,813 – $2,975 | 26 | 98.3% |
| Jan 2026 | 8 | $2,400 | $2,200 – $3,163 | 24 | 100.0% |
| Dec 2025 | 5 | $2,600 | $2,350 – $2,800 | 43 | 97.9% |
| Nov 2025 | 6 | $3,000 | $2,250 – $3,150 | 26 | 99.5% |
| Oct 2025 | 8 | $2,600 | $2,250 – $3,013 | 17 | 100.0% |
| Sep 2025 | 19 | $2,900 | $2,500 – $3,200 | 20 | 100.0% |
| Aug 2025 | 13 | $3,100 | $1,950 – $3,500 | 25 | 100.0% |
| Jul 2025 | 8 | $3,250 | $2,625 – $3,575 | 29 | 98.7% |
| Jun 2025 | 10 | $3,050 | $2,775 – $3,100 | 13 | 100.0% |
| May 2025 | 10 | $2,800 | $2,600 – $3,000 | 17 | 98.5% |
| Apr 2025 | 4 | Not enough leases this month to report a median | |||
| Mar 2025 | 6 | $3,200 | $2,838 – $3,338 | 30 | 98.3% |
| Feb 2025 | 11 | $3,050 | $2,675 – $3,350 | 30 | 100.0% |
| Jan 2025 | 8 | $2,725 | $2,363 – $3,150 | 31 | 100.0% |
| Dec 2024 | 11 | $3,000 | $2,350 – $3,350 | 38 | 100.0% |
| Nov 2024 | 6 | $2,850 | $2,588 – $3,150 | 27 | 100.0% |
| Oct 2024 | 9 | $3,000 | $2,500 – $3,150 | 21 | 100.0% |
| Sep 2024 | 8 | $3,050 | $2,988 – $3,525 | 21 | 100.0% |
| Aug 2024 | 13 | $3,300 | $2,800 – $3,500 | 15 | 100.0% |
| Jul 2024 | 15 | $2,550 | $2,350 – $2,800 | 35 | 100.0% |
| Jun 2024 | 11 | $3,000 | $2,600 – $3,600 | 46 | 100.0% |
| May 2024 | 5 | $2,500 | $2,250 – $3,000 | 31 | 100.0% |
| Apr 2024 | 10 | $2,450 | $2,313 – $2,800 | 34 | 100.0% |
| Mar 2024 | 3 | Not enough leases this month to report a median | |||
| Feb 2024 | 4 | Not enough leases this month to report a median | |||
| Jan 2024 | 14 | $3,100 | $2,850 – $3,975 | 29 | 100.0% |
| Dec 2023 | 7 | $2,750 | $2,575 – $2,900 | 13 | 100.0% |
| Nov 2023 | 9 | $3,300 | $3,000 – $3,400 | 12 | 100.0% |
| Oct 2023 | 9 | $2,900 | $2,600 – $3,500 | 11 | 100.0% |
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.
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.
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