2645 Kipling Avenue Condos — Rental Market Data

2645 Kipling Avenue Condos has two active listings as of August 31, 2026, spanning $2,300 to $2,950 per month with an average and median asking rent of $2,625. The average suite measures 1,125 square feet at an asking rate of $2.35 per square foot. Inventory is split evenly between one 2-bedroom unit (50 percent) and one 3-bedroom-plus unit (50 percent), meaning the building currently offers no 1-bedroom or studio entry-level options and no multi-unit selection within any tier.

The dominant active layout at 2645 Kipling Avenue Condos is the 2-bedroom tier, represented by one listing that accounts for 50 percent of available inventory. The 2-bedroom unit asks $2,300 per month over 950 square feet at $2.42 per square foot, while the 3-bedroom-plus unit asks $2,950 per month over 1,300 square feet at $2.27 per square foot. Both tiers are single-listing samples, so neither offers a comparative pricing range within its bedroom category.

2645 Kipling Avenue Condos shows an active asking spread of $650, or 28.3 percent, between the entry rent of $2,300 and the peak asking rent of $2,950 per month. The median asking rent sits at $2,625. The entry-level suite is a 2-bedroom unit at 950 square feet priced at $2.42 per square foot, while the peak suite is a 3-bedroom-plus layout at 1,300 square feet priced at $2.27 per square foot, meaning the larger unit carries a lower per-square-foot rate despite the higher nominal rent.

Den premiums and marginal per-square-foot costs for additional den space at 2645 Kipling Avenue Condos cannot be quantified from the current active sample, as no paired den versus non-den listings exist to isolate the differential. Active parking stall premiums also cannot be reliably isolated due to an anomalous outlier or insufficient paired sample in the data, so no specific parking fee should be assumed for either of the two available units.

2645 Kipling Avenue Condos asks an average of $2,625 per month at $2.35 per square foot, compared to the Etobicoke North submarket asking benchmark of $2,396 per month at $3.71 per square foot. The building's nominal rent runs $229 above the submarket average, but on a per-square-foot basis it trades 36.7 percent below the submarket rate because the average active suite of 1,125 square feet is 479 square feet larger than the submarket implied average of 646 square feet. The building represents 2 out of 82 available listings in the Etobicoke North submarket, or roughly 2.4 percent of total active inventory.

2645 Kipling Avenue Condos realized an average lease rent of $2,667 per month, landing $138 below the overall comp benchmark of $2,805 set primarily by Etobicoke on the Humber II and Etobicoke on the Humber III. Etobicoke on the Humber II (5 Rowntree Road, 0.3 km) closed 5 leases at an average of $2,964 per month, $2.38 per square foot, and 1,257 square feet; Etobicoke on the Humber III (3 Rowntree Road, 0.35 km) recorded 2 closed leases averaging $2,800 per month, $2.34 per square foot, and 1,200 square feet; and Etobicoke on the Humber I (1 Rowntree Road, 0.44 km) closed a single lease at $2,650 per month, $2.06 per square foot, and 1,287 square feet. Stevenson Manor Condos (49 Silverstone Drive, 0.42 km) recorded zero closed leases in the past 180 days and therefore offers no realized rent benchmark for comparison.

2645 Kipling Avenue Condos leases at $2.42 per square foot across an average 1,100-square-foot suite, positioning it at a per-square-foot premium over all three active nearby competitors while delivering fewer interior square feet than each. Against Etobicoke on the Humber II, the subject trades at a $0.04 per square foot (1.7%) premium yet provides 157 fewer interior square feet, so the $297-per-month lower nominal rent reflects the smaller footprint rather than a weaker asset valuation. Versus Etobicoke on the Humber III, the subject commands a $0.08 per square foot (3.4%) premium with 100 fewer square feet, producing a $133-per-month rent discount that is entirely size-driven. Against Etobicoke on the Humber I, the subject carries a $0.36 per square foot (17.5%) premium and 187 fewer square feet, resulting in a marginal $17-per-month higher rent despite the smaller suite—a clear indicator that the per-square-foot rate, not the total rent, is the operative pricing axis in this pocket.

2645 Kipling Avenue Condos offers a 10-feature lifestyle package including an indoor pool, gym, sauna and steam room, tennis and pickleball court, meeting room, party lounge, games and billiards room, BBQ area, concierge and security, and a shared laundry room—positioning it as a mid-tier amenity building within a peer set where the three Rowntree Road towers each add outdoor pools, hot tubs, and squash courts that the subject lacks. The subject's shared laundry room is a feature absent from all three active competitors, and its meeting room matches only Etobicoke on the Humber III, while the BBQ area is shared with Etobicoke on the Humber I. Stevenson Manor Condos, by contrast, provides no common lifestyle or recreational facilities whatsoever. The subject's package—indoor aquatic and wellness amenities paired with a dedicated meeting space and shared laundry—best serves mid-career professionals and small households in Etobicoke North who prioritize fitness, indoor recreation, and practical in-suite convenience over resort-style outdoor leisure.