Top Leasing Buildings in the GTA – June 2026 Rental Market Report
The Greater Toronto Area (GTA) rental market demonstrated resilient activity during the June 2026 period, logging a robust total of 5,352 market leases with an average of 27.1 days on market (DOM) and an overall average price of $2,549.66. While the broader market experienced a modest rent change of just 0.08%, select top-performing buildings vastly outpaced these averages, demonstrating intense localized demand and rapid turnover.
Notably, master-planned developments and newly completed projects are driving the bulk of leasing volume and speed. For instance, Galleria 3 at 1185 Dupont Street led the market with 54 completed leases, while Burke Condos showcased incredible leasing speed with an average DOM of just 16.6 days. This polarization highlights how master-planned communities and modern transit-adjacent pockets continue to attract renters rapidly, even as the wider market remains relatively stable.
Top 10 Fastest Leasing Buildings (June 2026)
The table below highlights the top-performing condominium buildings across the Greater Toronto Area (GTA) ranked by total leasing volume and speed.
| Project / Address | Municipality | Completed Leases | Avg DOM | Rent Change |
|---|---|---|---|---|
|
Galleria 3
|
Toronto |
54
|
31.9 days | +3.65% |
|
King's Landing
|
Toronto |
53
|
24.1 days | +1.2% |
|
Realm Condos
|
Burlington |
45
|
26.2 days | +1.96% |
|
King's Landing
|
Toronto |
44
|
22.5 days | -6.32% |
|
75 James Condominiums
|
Hamilton |
44
|
31.4 days | -8.02% |
|
Beau Soleil
|
Burlington |
38
|
26.5 days | -11.84% |
|
One Crosstown
|
Toronto |
37
|
17.7 days | -3.31% |
|
The Dupont
|
Toronto |
30
|
20.9 days | -5.4% |
|
King's Landing
|
Toronto |
30
|
23.9 days | -8.4% |
|
Burke Condos
|
Toronto |
29
|
16.6 days | 0% |
Key Findings
Master-Planned Communities Drive Massive Leasing Volume
Master-planned developments are capturing a disproportionate share of renter interest, led by Galleria 3 in Toronto with 54 completed leases and King's Landing at 18 Esther Shiner Boulevard with 53 completed leases. These projects managed to maintain solid rental rates of $2,391.39 and $2,639.62 respectively, proving that integrated communities command premium attention.
Rapid-Fire Leases Define the Market's Speed Leaders
While the market average DOM sits at 27.1 days, certain buildings are clearing inventory at a breakneck pace. Burke Condos at 605-609 Sherbourne Street led the charge with an average DOM of just 16.6 days, closely followed by One Crosstown at 5 Quarrington Lane with an average DOM of 17.7 days and a remarkably low median DOM of 13 days.
Burlington and Hamilton Offer Value-Driven Alternatives
Outside Toronto's core, municipal pockets like Burlington and Hamilton are proving highly active. Realm Condos in Burlington recorded 45 completed leases with a solid 1.96% rent growth, while 75 James Condominiums in Hamilton posted 44 completed leases at an attractive average price of $1,810.77 despite experiencing an 8.02% rent adjustment.
Top Building Spotlights
Galleria 3
1185 Dupont Street
- 54 completed leases
- Average DOM: 31.9 days
- Average lease price: $2,391.39
- Inventory ratio: 72.97%
"Galleria 3 stood out as the undisputed volume leader, absorbing an impressive 72.97% of its total inventory during this period. The project's positive rent growth of 3.65% reflects strong tenant demand and willingness to pay competitive rates for this emerging master-planned hub on Dupont Street."
Burke Condos
605-609 Sherbourne Street
- 29 completed leases
- Average DOM: 16.6 days
- Average lease price: $2,323.10
- Inventory ratio: 27.88%
"Burke Condos proved to be the fastest-moving building on our list, sporting a stellar average DOM of 16.6 days and a median DOM of just 13 days. Its highly efficient leasing speed showcases immediate demand for transit-friendly urban nodes in downtown Toronto, even with a conservative inventory ratio of 27.88%."
Market Insights & Outlook
Renter Trends & Opportunities
For renters navigating the current market, finding the best GTA rental rates means keeping an eye on high-inventory, price-adjusted opportunities. Significant value pockets have emerged in buildings like Beau Soleil in Burlington, where rent decreased by 11.84% to an average of $2,301.63, and King's Landing at 75 Billes Heights, which saw an 8.40% rent drop to $2,335.83. With high inventory ratios like Galleria 3's 72.97% showing lots of active leasing, savvy tenants have an excellent window to negotiate favorable terms in highly desirable, newly completed developments.
Investor Outlook
Property owners and investors tracking high-demand investment zones should look closely at projects showing both positive rent growth and fast absorption rates. Realm Condos in Burlington stands out as a low-vacancy opportunity, securing 45 leases with a positive 1.96% rent change and a rapid average DOM of 26.2 days. Similarly, Galleria 3 on Dupont Street commanded a strong 3.65% rent increase, underscoring robust landlord pricing power in premium master-planned developments.
Leasing Velocity
The velocity of inventory turnover in the GTA reflects healthy momentum, particularly in newly registered buildings. High-performing assets are clearing their inventory rapidly, illustrated by Galleria 3's impressive 72.97% inventory ratio and King's Landing at 18 Esther Shiner Boulevard at 60.23%. This rapid absorption, combined with the low median DOMs of speed leaders like One Crosstown (13 days) and Burke Condos (13 days), demonstrates a highly liquid rental market where well-priced product does not sit idle for long.
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