The Queensview at Backyard Condos — Rental Market Data

The Queensview at Backyard Condos features 4 active listings as of August 31, 2026, with asking rents spanning $2,200 to $3,000 per month, an average rent of $2,786 per month, and a median of $2,972 per month. Active suites average 898 square feet at an asking rate of $3.13 per square foot, anchored by 2-Bedroom + Den layouts holding a 75% market share that pulls current inventory toward larger family-sized accommodations.

The dominant active layout at The Queensview at Backyard Condos is the 2-Bedroom + Den, accounting for 3 listings and a 75% inventory share with an average asking rent of $2,982 per month, an average size of 981 square feet, and an average rate of $3.05 per square foot. The remaining inventory consists of a single 1-Bedroom listing representing a 25% share, averaging $2,200 per month across 650 square feet at an asking rate of $3.38 per square foot.

The Queensview at Backyard Condos exhibits an asking rent spread of $800 per month, or 36.4%, between a minimum entry rent of $2,200 per month and a peak asking rent of $3,000 per month. Median asking rent stands at $2,972 per month. The entry-level option is a 1-Bedroom suite offering 650 square feet at an asking rate of $3.38 per square foot, whereas the peak tier comprises a 2-Bedroom + Den suite spanning 1042 square feet at an asking rate of $2.88 per square foot.

Active den premiums and square footage deltas cannot be isolated for The Queensview at Backyard Condos due to limited layout differentiation in current listings. Active parking premium data is unreliable and cannot be isolated from current inventory due to an insufficient paired sample size. Prospective tenants should verify parking stall availability and associated monthly fees directly with the leasing office.

The Queensview at Backyard Condos asks an average of $3.13 per square foot, sitting 18.1% below the Etobicoke Kingsway submarket asking benchmark of $3.82 per square foot. While nominal active asking rents average $2,786 per month compared to the submarket asking average of $3,096 per month, the variance is driven by suite sizing and layout distribution rather than lower underlying value, with the building representing 25% of active submarket inventory.

The Queensview at Backyard Condos achieves an all-time average lease rent of $2,548 per month, trading in line with the broader comp average of $2,581 per month across benchmark properties such as The Humberside at Backyard Neighbourhood Condos, Old Mill Terraces, The Dalesford, and Waterford Tower I. The Humberside at Backyard Neighbourhood Condos, located 0.13 km away at 1 Neighbourhood Lane and completed in 2020, reports 3 closed leases with an average rent of $2,200 per month, $3.89 per square foot, and an average size of 567 square feet. Old Mill Terraces, located 1.33 km away at 2662 Bloor St W and built in 2002, maintains 0 closed leases in the past 180 days with no active rental disclosures. The Dalesford, located 1.36 km away at 245 Dalesford Rd and built in 2005, records 2 closed leases averaging $2,875 per month at $3.60 per square foot across 800 square feet. Finally, Waterford Tower I, located 1.36 km away at 2087 Lake Shore Blvd W and completed in 2005, logs 3 closed leases at an average rent of $2,667 per month, $3.71 per square foot, and 717 square feet.

The Queensview at Backyard Condos defines its value proposition by delivering a realized lease rate of $3.61 per square foot across an average suite size of 709 square feet, positioning it advantageously against older mid-rise and high-rise stock in the submarket. Renters at the subject building secure modern layout efficiencies, lower long-term utility burdens, and contemporary interior finishes. Subject trades at a $0.28 per square foot (7.2%) discount below The Humberside at Backyard Neighbourhood Condos while offering 142 more interior square feet. Subject trades at identical price-per-square-foot parity with Old Mill Terraces while offering identical average square footage. Subject trades at a $0.01 per square foot (0.3%) premium over The Dalesford while providing 91 fewer interior square feet. Subject trades at a $0.10 per square foot (2.7%) discount below Waterford Tower I while providing 8 fewer interior square feet.

The Queensview at Backyard Condos provides a robust, contemporary lifestyle and amenity package that successfully competes with or exceeds the offerings found across older neighboring developments. The subject building features signature amenities including Concierge & Security, a Gym & Fitness Centre, a Party & Lounge Room, a Meeting Room, an indoor Kids' Play Room, a Pet Wash Station, a BBQ Area, and a Garden & Courtyard. When compared against peers, these facilities rival the Rooftop Terrace and Yoga Studio at The Humberside at Backyard Neighbourhood Condos (1 Neighbourhood Lane), match the indoor pool and sauna offerings found at Old Mill Terraces (2662 Bloor St W) and Waterford Tower I (2087 Lake Shore Blvd W), and significantly outpace the shared laundry facilities found at older alternatives like The Dalesford (245 Dalesford Rd). This comprehensive amenity profile particularly serves modern professionals, pet owners, and young families seeking turnkey convenience within Etobicoke.