At a glance

Markham's Thornhill is an established community of detached houses, townhouses and apartments along Yonge Street, with many shops and a diverse population. About 42% of homes are detached and 39% are apartments, 24% of households rent, and owners valued the median home at about $1.12M in the 2021 census.

Median home value (est.)
$998K*
* est.: 2021 census, indexed to September 2026 · city $917K
Residents
56,760
scaled estimate for mid-2025, up from 50,410 at the 2021 census
Households renting
24%
city 34%
Homes that are apartments
39%
city 38%

What the numbers mean

  • Owners valued the median home at $1.12M in the 2021 census. Indexed to September 2026 prices with the Greater Toronto MLS® Home Price Index (-11% since then), that is about $998K, close to the Toronto-area suburbs median of $917K. It is an estimate: the index tracks the whole region, not this neighbourhood.
  • 24% of households rent, well below the 34% city-wide. Most people here own and stay a while.
  • 24% are 65 or older, versus 16% city-wide, a sign of long-time residents and a settled pace.

Who lives here

Share of residents by age, scaled estimate for mid-2025, up from 50,410 at the 2021 census.

0-1413%
15-195%
20-245%
25-3412%
35-4413%
45-5414%
55-6414%
65+24%

Homes

Share of homes by type, scaled estimate for mid-2025, up from 50,410 at the 2021 census.

Single-detached42%
Semi-detached2%
Row house15%
Duplex flat2%
Apartment under 5 storeys2%
Apartment 5+ storeys36%

Upfront closing costs1

Ontario charges a tiered land transfer tax, up to 2.5% on the part of a home over $2 million. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.

Ontario land transfer tax
$16,440
on $998K

How it's changing

These municipalities don't publish building permits by neighbourhood, so we can't chart construction here yet.

Safety

Neighbourhood-level crime figures aren't available for Markham. Policing there is by a regional police service, and none publishes neighbourhood crime counts we can compare with Toronto's. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.

Sources and notes

  1. Source: Government of Ontario, Calculating Land Transfer Tax. 2026 rules, applied to this neighbourhood's median census home value, indexed to September 2026 with the MLS® HPI. Ontario's first-time buyer refund (up to $4,000) is not deducted. Legal fees, title insurance, inspection and adjustments are extra. ↩