Leadway Apartments — Rental Market Data

Leadway Apartments has one unit actively listed as of August 31, 2026, asking $1,999 per month with both the average and median rent at $1,999. The available suite spans 650 square feet at an asking rate of $3.08 per square foot. This single listing is a one-bedroom unit, meaning 100 percent of active inventory sits in the entry-level tier with no multi-bedroom or executive layouts currently on the market.

The sole active layout at Leadway Apartments is a one-bedroom unit, representing 100 percent of available inventory with one listing. That unit asks $1,999 per month for 650 square feet, pricing out to $3.08 per square foot. No two-bedroom, three-bedroom, or den-equipped units are currently listed, so renters seeking larger footprints must turn to other Downsview buildings.

Leadway Apartments carries a single active listing at $1,999 per month, making the minimum entry rent, peak asking rent, and dollar spread all identical at $1,999 with a zero-dollar and zero-percent spread. The median asking rent is likewise $1,999. The entry-level suite is a one-bedroom at 650 square feet and $3.08 per square foot, and because only one unit is listed, the peak suite shares the same configuration and pricing.

Den premium data for Leadway Apartments cannot be quantified from the current active listing, as no den-equipped unit is available to isolate the marginal cost of additional den space. Parking stall premiums also cannot be reliably isolated; the available paired sample is too small or contains anomalous outliers to produce a defensible monthly figure, so renters should request a direct parking quote from the property manager before signing a lease.

Leadway Apartments' active asking rent of $1,999 per month and $3.08 per square foot both trail the Downsview submarket benchmarks of $2,496 per month and $3.77 per square foot, placing the building 18.3 percent below the submarket asking rate on a per-square-foot basis. The nominal rent gap of roughly $497 per month is partly explained by suite sizing: the active unit's 650 square feet is 12 square feet smaller than the submarket's implied average of 662 square feet, though the rate differential is the dominant factor. Leadway's single listing represents one out of 108 total active listings in the Downsview submarket, or approximately 0.9 percent of available inventory.

Leadway Apartments' all-time average realized lease rent of $2,133 per month exceeds the four-comparable blended benchmark of $1,956 per month by $177, a gap driven primarily by the subject's larger 650-square-foot suites versus the 588-square-foot comp average. Against The Max at 2772 Keele Street (1.07 km, three closed leases, $2,383 per month, $3.15 per square foot, 755 square feet), the subject trades at a $250-per-month lower rent; against The 2800 Condominium Residences at 2800 Keele Street (1.09 km, eight closed leases, $2,147 per month, $3.74 per square foot, 600 square feet), the subject is $14 per month lower; and against Westmount Condominiums at 2737 Keele Street (1.18 km, three closed leases, $1,917 per month, $3.52 per square foot, 567 square feet), the subject commands a $216-per-month higher rent. The 1364 Wilson Avenue project at 0.27 km recorded one closed lease at $1,375 per month but, with a 2026 estimated completion, offers no reliable realized-rent benchmark and serves only as a forward-looking architectural reference.

Leadway Apartments leases at $3.29 per square foot across an average 650-square-foot suite, a combination that undercuts the Downsview submarket leased rate of $3.76 per square foot by roughly 12 percent while delivering more interior space than the 588-square-foot comp average. Versus The Max (1.07 km), the subject trades at a $0.14-per-square-foot (4.4 percent) premium yet provides 105 fewer interior square feet, meaning the $250-per-month lower nominal rent reflects the smaller footprint rather than a weaker per-foot valuation. Against The 2800 Condominium Residences (1.09 km), the subject trades at a $0.45-per-square-foot (12.0 percent) discount and provides 50 more interior square feet, so renters gain both a lower per-foot rate and additional living area for a nearly identical monthly outlay. Compared with Westmount Condominiums (1.18 km), the subject trades at a $0.23-per-square-foot (6.5 percent) discount while providing 83 more interior square feet; the $216-per-month higher nominal rent is therefore a function of the larger suite rather than a per-foot premium. In every active comparison, the subject's monthly rent variance is driven by interior footprint differences, not by a shift in asset-level per-foot pricing.

Leadway Apartments offers a lean two-item amenity package—Concierge & Security and a Shared Laundry Room—that stands in sharp contrast to the gym, pool, party lounge, meeting room, and rooftop terrace suites found across its Keele Street competitors. The Max (2772 Keele Street) layers in a fitness centre, games room, BBQ area, and party lounge; The 2800 Condominium Residences (2800 Keele Street) adds a yoga studio, sauna, dining kitchen, rooftop terrace, and garden courtyard; Westmount Condominiums (2737 Keele Street) includes an indoor pool, hot tub, sauna, and billiards room. The subject's Shared Laundry Room is the one lifestyle feature absent from all four comparables, and its concierge desk is the only shared service with The Max, The 2800, and Westmount. With no fitness, aquatic, social, or remote-work facilities on site, Leadway operates as a no-frills, low-maintenance residential building that appeals to cost-conscious renters—students, young professionals, and budget-sensitive households—who prioritize a larger 650-square-foot interior and a $3.29-per-square-foot rate over the amenity-rich but space-constrained condominiums dominating the immediate Keele Street corridor.