Entertainment District Apartments for Rent & Condo Comps

The Entertainment District's average realized lease price is $2,813 per month ($4.76 per square foot), based on 173 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market spans from $2,250 (25th percentile) to $3,100 (75th percentile) per month, with overall rates aligning closely with the broader Toronto municipal average of $2,821.

The average rent for a 1-bedroom apartment in the Entertainment District, Toronto is $2,407 per month ($4.75 per square foot), while 1-bedroom plus den suites average $2,729 per month, based on 30-day tracking data ending September 30, 2026. Most 1-bedroom units lease between $2,200 (25th percentile) and $2,400 (75th percentile) per month, with an average size of 514 to 522 square feet.

The average rent for a 2-bedroom apartment in the Entertainment District, Toronto is $3,263 per month ($4.64 per square foot), while 2-bedroom plus den suites average $4,020 per month, based on 30-day tracking data ending September 30, 2026. Most 2-bedroom units lease between $2,950 (25th percentile) and $3,450 (75th percentile) per month, representing an average price step-up of $1,012 over 1-bedroom configurations for an additional 240 square feet of space.

The average rent for a 3-bedroom apartment in the Entertainment District, Toronto is $5,381 per month ($7.14 per square foot), based on 30-day tracking data ending September 30, 2026. Three-bedroom and larger suites represent a specialized inventory segment within the submarket, recording an average size of 950 to 1,057 square feet across 67 historical closed transactions.

Within the Entertainment District, Residences commands the highest average lease rate at approximately $11,550 per month, while King Blue - South Tower offers the most accessible entry point among identified buildings at around $2,178 per month.

Rental rates in the Entertainment District average $2,813 per month, which is lower than the overall Toronto municipal average of $2,821 per month (a spread of $8 or -0.28%). Properties in the Entertainment District spend an average of 16 days on the market—leasing 2 days faster than the broader Toronto municipal benchmark of 18 days.

Condo and apartment rentals in the Entertainment District primarily fall within postal forward sortation areas (FSAs) such as M5H.

Rental listings in the Entertainment District spend an average of 16 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 2 days faster than the broader Toronto municipal benchmark of 18 days.

With active listings averaging $3,417 against closed leases at $2,813—an asking-to-realized spread of $604 per month—landlords are advised to align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy durations from exceeding the submarket average of 16 days.

Reserved parking in the Entertainment District adds an estimated $94 to $738 per month across studio, 1-bedroom, and 2-bedroom layouts based on verified unbundled lease comps.

Tenants in modern Ontario condos should budget separately for hydro and heat pump consumption. Bulk water service and structural maintenance are bundled into the building corporation's operating expenses and paid by the landlord.