Etobicoke Submarket Hub

Etobicoke Centre Apartments for Rent & Condo Comps

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 49 tracked properties across Etobicoke Centre, Etobicoke.

Postal Codes Covered:M8X, M8Z, M9A, M9B, M9C

Etobicoke Centre Rental Market Overview

Rental market activity across Etobicoke Centre—concentrated within postal forward sortation area M8X—maintains steady velocity as of late summer 2026. Public records show an average realized rent of $2,571 per month based on 50 closed leases over the trailing 30 days, alongside 64 active listings currently on the market. Landlord asking targets and signed tenant contracts show a modest variance, with active asking rents averaging $2,639 per month against realized lease agreements, reflecting an asking-to-realized spread of $68 per month.

Compared to the broader Etobicoke municipal benchmark of $2,690 per month, the Etobicoke Centre submarket operates at a slight discount of $119 per month (or 4.42%). Transaction volume spans 49 tracked residential developments, with 1-bedroom and 1-bedroom plus den layouts generating the highest transaction frequency across the neighbourhood's multi-residential listed suites.

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Etobicoke Centre

Active Listings
64units
Across 49 buildings
Average Asking Rent
$2,639/mo
+1.2% Asking Trend
Average Unit Size
735SF
Asking layout average
Average Asking / SF
$3.72/SF
Current asking rate
Average Days on Market
21days
Active listing age

Closed Leases

Transactions that closed in August 2026 across Etobicoke Centre

Units Leased
50closed
Executed transactions
Average Leased Rent
$2,571/mo
+0.5% MoM Delta
Average Leased SF
723SF
Executed size average
Average Leased / SF
$3.65/SF
Realized per-foot rate
Average Days on Market
22days
Days to execute lease

Etobicoke Centre Rental Rates by Unit Layout

Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.

Studio / Bachelor
$1,748/mo
$3.80/SF · 460 SF
-$81 vs Etobicoke
1-Bedroom
$2,195/mo
$4.12/SF · 535 SF
-$11 vs Etobicoke
1-Bedroom + Den
$2,385/mo
$3.70/SF · 650 SF
-$9 vs Etobicoke
2-Bedroom
$2,786/mo
$3.27/SF · 863 SF
-$173 vs Etobicoke
2-Bedroom + Den
$3,315/mo
$3.61/SF · 953 SF
+$87 vs Etobicoke
3-Bedroom+
$3,857/mo
$3.27/SF · 1180 SF
-$178 vs Etobicoke

Etobicoke Centre Tracked Buildings & Lease Comps

Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Etobicoke Centre, Etobicoke.

Nuvo 2 at Essex

25 Viking Lane

$2,800
avg leased
Leased $/SF: $3.30/SF
Days on Market: 27d
Closed Leases: 8
Active Supply: 5 units
334 Total SuitesBuilding Comps
$2,308
avg leased
Leased $/SF: $3.87/SF
Days on Market: 14d
Closed Leases: 6
Active Supply: 5 units
392 Total SuitesBuilding Comps
$2,888
avg leased
Leased $/SF: $3.55/SF
Days on Market: 39d
Closed Leases: 5
Active Supply: 2 units
395 Total SuitesBuilding Comps
One Valhalla

1 Valhalla Inn Rd

$2,344
avg leased
Leased $/SF: $3.49/SF
Days on Market: 32d
Closed Leases: 4
Active Supply: 4 units
213 Total SuitesBuilding Comps
$2,275
avg leased
Leased $/SF: $3.51/SF
Days on Market: 19d
Closed Leases: 4
Active Supply: 2 units
298 Total SuitesBuilding Comps
$2,563
avg leased
Leased $/SF: $3.65/SF
Days on Market: 35d
Closed Leases: 4
Active Supply: 1 units
279 Total SuitesBuilding Comps
Leased $/SF: $3.88/SF
Days on Market: 40d
Closed Leases: 4
Active Supply: 1 units
180 Total SuitesBuilding Comps
Cypress at Etobicoke

50 Thomas Riley Rd

$2,783
avg leased
Leased $/SF: $3.17/SF
Days on Market: 14d
Closed Leases: 3
Active Supply: 6 units
295 Total SuitesBuilding Comps
One - The Kip District

20 Thomas Riley Rd

$2,275
avg leased
Leased $/SF: $3.70/SF
Days on Market: 20d
Closed Leases: 3
Active Supply: 2 units
282 Total SuitesBuilding Comps
$2,483
avg leased
Leased $/SF: $3.66/SF
Days on Market: 30d
Closed Leases: 3
Active Supply: 1 units
276 Total SuitesBuilding Comps
Kingswood on Bloor

3391 Bloor St W

$2,383
avg leased
Leased $/SF: $3.89/SF
Days on Market: 39d
Closed Leases: 3
Active Supply: 1 units
143 Total SuitesBuilding Comps
Nuvo Essex

35 Viking Lane

$2,800
avg leased
Leased $/SF: $3.28/SF
Days on Market: 8d
Closed Leases: 3
Active Supply: 0 units
340 Total SuitesBuilding Comps
Islington Terrace 1

7 Mabelle Ave

$2,550
avg leased
Leased $/SF: $3.97/SF
Days on Market: 26d
Closed Leases: 2
Active Supply: 4 units
430 Total SuitesBuilding Comps
$2,750
avg leased
Leased $/SF: $3.57/SF
Days on Market: 11d
Closed Leases: 2
Active Supply: 3 units
211 Total SuitesBuilding Comps
King's Gate

101 Subway Cres

$2,963
avg leased
Leased $/SF: $2.91/SF
Days on Market: 9d
Closed Leases: 2
Active Supply: 2 units
303 Total SuitesBuilding Comps
Palais at Port Royal Place

3 Michael Power Pl

$2,750
avg leased
Leased $/SF: $3.30/SF
Days on Market: 21d
Closed Leases: 2
Active Supply: 2 units
261 Total SuitesBuilding Comps
Barclay Terrace II

1300 Islington Ave

$2,900
avg leased
Leased $/SF: $2.92/SF
Days on Market: 59d
Closed Leases: 2
Active Supply: 1 units
247 Total SuitesBuilding Comps
$2,338
avg leased
Leased $/SF: $3.65/SF
Days on Market: 30d
Closed Leases: 2
Active Supply: 0 units
335 Total SuitesBuilding Comps
Barclay Terrace I

1320 Islington Ave

$3,550
avg leased
Leased $/SF: $3.23/SF
Days on Market: 20d
Closed Leases: 2
Active Supply: 0 units
217 Total SuitesBuilding Comps
$2,275
avg leased
Leased $/SF: $3.81/SF
Days on Market: 12d
Closed Leases: 2
Active Supply: 0 units
207 Total SuitesBuilding Comps
Port Royal Place I

17 Michael Power Pl

$2,525
avg leased
Leased $/SF: $3.33/SF
Days on Market: 34d
Closed Leases: 2
Active Supply: 0 units
130 Total SuitesBuilding Comps
Westwood

8 Fieldway Rd

$2,325
avg leased
Leased $/SF: $3.58/SF
Days on Market: 14d
Closed Leases: 2
Active Supply: 0 units
110 Total SuitesBuilding Comps
$2,700
avg leased
Leased $/SF: $3.60/SF
Days on Market: 34d
Closed Leases: 1
Active Supply: 5 units
288 Total SuitesBuilding Comps
The Kip District 2

30 Samuel Wood Way

$1,950
avg leased
Leased $/SF: $4.88/SF
Days on Market: 16d
Closed Leases: 1
Active Supply: 5 units
286 Total SuitesBuilding Comps
Leased $/SF: $3.47/SF
Days on Market: 16d
Closed Leases: 1
Active Supply: 3 units
196 Total SuitesBuilding Comps
Port Royal Place III

11 Michael Power Pl

$2,350
avg leased
Leased $/SF: $4.27/SF
Days on Market: 17d
Closed Leases: 1
Active Supply: 2 units
149 Total SuitesBuilding Comps
Parc Nuvo at Essex

15 Viking Lane

$2,400
avg leased
Leased $/SF: $3.69/SF
Days on Market: 33d
Closed Leases: 1
Active Supply: 1 units
336 Total SuitesBuilding Comps
Network Lofts

2 Fieldway Rd

$3,000
avg leased
Leased $/SF: $3.53/SF
Days on Market: 31d
Closed Leases: 1
Active Supply: 1 units
205 Total SuitesBuilding Comps
Port Royal Place IV

7 Michael Power Pl

$2,450
avg leased
Leased $/SF: $3.77/SF
Days on Market: 49d
Closed Leases: 1
Active Supply: 1 units
137 Total SuitesBuilding Comps
Town & Country II

2 Aberfoyle Cres

$4,000
avg leased
Leased $/SF: $5.56/SF
Days on Market: 2d
Closed Leases: 1
Active Supply: 1 units
116 Total SuitesBuilding Comps
Essex II

5233 Dundas St W

$2,480
avg leased
Leased $/SF: $2.92/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
313 Total SuitesBuilding Comps
Sussex House

451 The West Mall

$2,970
avg leased
Leased $/SF: $3.13/SF
Days on Market: 1d
Closed Leases: 1
Active Supply: 0 units
310 Total SuitesBuilding Comps
Kingsway on the Park

1 Aberfoyle Cres

$4,400
avg leased
Leased $/SF: $2.77/SF
Days on Market: 7d
Closed Leases: 1
Active Supply: 0 units
288 Total SuitesBuilding Comps
Vivid

1 Michael Power Pl

$2,200
avg leased
Leased $/SF: $4.00/SF
Days on Market: 13d
Closed Leases: 1
Active Supply: 0 units
250 Total SuitesBuilding Comps
The Masters IV

284 Mill Rd

$3,425
avg leased
Leased $/SF: $3.11/SF
Days on Market: 29d
Closed Leases: 1
Active Supply: 0 units
165 Total SuitesBuilding Comps
St. Andrew on the Green

9 Burnhamthorpe Cres

$5,100
avg leased
Leased $/SF: $3.00/SF
Days on Market: 4d
Closed Leases: 1
Active Supply: 0 units
106 Total SuitesBuilding Comps
Town & Country I

1 Lomond Dr

$4,000
avg leased
Leased $/SF: $3.08/SF
Days on Market: 8d
Closed Leases: 1
Active Supply: 0 units
105 Total SuitesBuilding Comps
Essex I

5229 Dundas St W

$2,500
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
234 Total SuitesBuilding Comps
The Masters II

296 Mill Rd

$3,200
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
165 Total SuitesBuilding Comps
Port Royal Place V

9 Michael Power Pl

$2,300
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
149 Total SuitesBuilding Comps
551 The West Mall

551 The West Mall

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
305 Total SuitesBuilding Comps
Millgate Manor

299 Mill Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
215 Total SuitesBuilding Comps
Millgate Manor II

812 Burnhamthorpe Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
215 Total SuitesBuilding Comps
Millgate Manor III

820 Burnhamthorpe Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
215 Total SuitesBuilding Comps
The Masters I

300 Mill Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
165 Total SuitesBuilding Comps
The Masters III

288 Mill Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
165 Total SuitesBuilding Comps
Evolution Condominiums

5101 Dundas St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
145 Total SuitesBuilding Comps
Port Royal Place II

15 Michael Power Pl

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
140 Total SuitesBuilding Comps
Chestnut Place

350 Mill Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
128 Total SuitesBuilding Comps
Calculation Methodology & Metrics Context (August 2026)
Average Leased Rent:

Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Etobicoke Centre.

Leased $/SF & Density:

Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).

Closed Leases & Fallbacks:

Total executed lease agreements. In boutique buildings with fewer than 2 monthly leases, comps automatically expand to a 90-day rolling window to preserve statistical validity.

Days on Market & Supply:

The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.

Etobicoke Centre Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Etobicoke Centre

Rental market activity across Etobicoke Centre—concentrated within postal forward sortation area M8X—maintains steady velocity as of late summer 2026. Public records show an average realized rent of $2,571 per month based on 50 closed leases over the trailing 30 days, alongside 64 active listings currently on the market. Landlord asking targets and signed tenant contracts show a modest variance, with active asking rents averaging $2,639 per month against realized lease agreements, reflecting an asking-to-realized spread of $68 per month.

Compared to the broader Etobicoke municipal benchmark of $2,690 per month, the Etobicoke Centre submarket operates at a slight discount of $119 per month (or 4.42%). Transaction volume spans 49 tracked residential developments, with 1-bedroom and 1-bedroom plus den layouts generating the highest transaction frequency across the neighbourhood's multi-residential listed suites.

Submarket Pricing Density & Municipal Benchmark Spread

The realized average lease rate in Etobicoke Centre is currently $2,571/month ($3.65/SF), with an average leasing velocity of 22 Days on Market. Compared to the overall Etobicoke municipal benchmark ($2,690/month), Etobicoke Centre trades at a 4% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from The Kip District 2 ($1,950/mo) to St. Andrew on the Green ($5,100/mo).

Month Over Month Trends

Month-over-month rental pricing in Etobicoke Centre exhibited minimal movement through August 2026, with the average realized lease price adjusting by $2 per month (a 0.08% change) from the prior 30-day period's average of $2,569 across 102 closed leases. This stability in average monthly figures stems from balanced transaction mixing across 1-bedroom and multi-bedroom configurations, where minor fluctuations in average square footage and signing volumes offset one another without driving significant directional shifts in baseline rental rates.

Longer Term Trends & Rental Dispersion

Mid-term and historical baseline metrics highlight sustained pricing stability across Etobicoke Centre. Over the trailing 90 days, 227 closed leases averaged $2,531 per month at $3.65 per square foot, while the 180-day and historical baseline of 350 transactions records an average lease price of $2,512 per month at $3.62 per square foot. Overall rent dispersion across the sample size of 350 leases reveals a market minimum of $1,795 and a maximum of $5,100 per month, with a median rent of $2,400. The middle 50% of the market spans from a 25th percentile rent of $2,200 to a 75th percentile rent of $2,750 per month, representing an interquartile range of $550 that underscores a well-defined price spread between entry-level suites and executive properties.

Currently across Etobicoke Centre's 49 tracked multi-family properties, there are 64 active rental listings with an average asking rent of $2,639/month ($3.72/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,571/month, representing real-world contract values negotiated between property owners and prospective tenants.

For Renters

Prospective tenants searching in Etobicoke Centre can expect the middle 50% of the market to range between $2,200 and $2,750 per month. Stepping up from a standard 1-bedroom suite to a 1-bedroom plus den adds an average of $176 per month (an 8.19% increase) while gaining approximately 100 square feet of space. Moving from a 1-bedroom layout to a 2-bedroom configuration requires a step-up of $662 per month (a 30.79% increase) and an additional 298 square feet. Meanwhile, upgrading from a 2-bedroom to a 2-bedroom plus den adds $280 per month, and transitioning to a 3-bedroom layout introduces a further $394 monthly increase. Properties lease swiftly with an average of 22 days on the market, meaning applicants should be prepared to submit documentation promptly upon identifying a suitable suite.

For Landlords

Landlords and condo investors operating in Etobicoke Centre should anchor their leasing strategies to verified closed transaction benchmarks rather than aspirational asking prices. With active listings averaging $2,639 against realized leases at $2,571—representing an asking-to-realized spread of $68 per month—overpricing relative to the middle 50% benchmark band ($2,200 to $2,750) risks extending vacancy timelines beyond the submarket average of 22 days. Properties priced competitively in line with recent closed volume achieve reliable absorption, supported by steady tenant demand across standard 1-bedroom and 2-bedroom layouts.

For Realtors

Real estate professionals representing clients in Etobicoke Centre's M8X postal area navigate a balanced leasing environment supported by 49 tracked residential developments. Market liquidity remains robust, marked by 50 closed leases over the trailing 30 days and an average of 22 days on market that matches municipal pacing. Agents should advise landlord clients to monitor the modest $68 asking-to-realized spread, ensuring initial list prices reflect current tenant tolerance. For tenant clients, managing expectations around the 25th to 75th percentile price dispersion ($2,200 to $2,750) ensures competitive applications in a fast-moving inventory landscape.

Frequently Asked Questions

Etobicoke Centre Rental Market & Leasing FAQs

Essential insights for tenants, property owners, and real estate professionals navigating Etobicoke Centre, Etobicoke

What is the average rent for a condominium or apartment in Etobicoke Centre, Etobicoke?

Etobicoke Centre's average realized lease price is $2,571 per month ($3.65 per square foot), based on 50 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from $2,200 (25th percentile) to $2,750 (75th percentile) per month, positioning the submarket at a modest 4.42% discount compared to the broader Etobicoke municipal average of $2,690 per month.

How much is a 1-bedroom apartment in Etobicoke Centre?

The average rent for a 1-bedroom apartment in Etobicoke Centre, Etobicoke is $2,195 per month ($4.12 per square foot) based on 30-day tracking data, while 1-bedroom plus den suites average $2,385 per month ($3.70 per square foot) over the same period. Most standard 1-bedroom units lease between $2,050 (25th percentile) and $2,200 (75th percentile) per month, averaging 549 square feet across closed 180-day transactions.

How much is a 2-bedroom apartment in Etobicoke Centre?

The average rent for a 2-bedroom apartment in Etobicoke Centre, Etobicoke is $2,786 per month ($3.27 per square foot) based on trailing 30-day leasing data, while 2-bedroom plus den suites average $3,315 per month ($3.61 per square foot). Most 2-bedroom units lease between $2,600 (25th percentile) and $2,900 (75th percentile) per month, representing an average price step-up of $662 and an additional 298 square feet compared to standard 1-bedroom layouts.

How much is a 3-bedroom apartment in Etobicoke Centre?

Three-bedroom apartment rentals in Etobicoke Centre represent a highly scarce inventory segment with zero closed transactions recorded in the current 30-day tracking period, though 180-day data indicates a historical average of $3,206 per month ($3.28 per square foot) across 9 closed leases. Renters seeking multi-bedroom layouts should monitor active listings closely as larger suites become available.

What are the most affordable and premium condo and apartment buildings in Etobicoke Centre?

Within Etobicoke Centre, St. Andrew on the Green commands the highest average lease rate at approximately $5,100 per month, while entry-level transactions across tracked private condo stock start around $2,215 per month at Bloorvista at Islington Terrace.

How does rent in Etobicoke Centre compare to the overall Etobicoke average?

Etobicoke Centre rents average $2,571 per month, which is lower than the overall Etobicoke average of $2,690 per month (a spread of $119 or 4.42%). Properties in Etobicoke Centre spend an average of 22 days on the market, matching the broader Etobicoke municipal average of 22 days.

What are the postal code FSAs for Etobicoke Centre?

Condo and apartment rentals in Etobicoke Centre primarily fall within postal forward sortation areas (FSAs) such as M8X.

How fast do rental units lease in Etobicoke Centre (Days on Market)?

Rental listings in Etobicoke Centre spend an average of 22 days on the market before leasing, based on 30-day tracking through August 31, 2026—matching the broader Etobicoke municipal benchmark of 22 days.

How should landlords price their rental listings in Etobicoke Centre to avoid vacancy loss?

With active listings averaging $2,639 against closed leases at $2,571—an asking-to-realized spread of $68 per month—landlords should align asking rates with verified closed lease benchmarks rather than aspirational targets to prevent vacancy from extending past the 22-day submarket average.

How much more will a unit with a parking spot in Etobicoke Centre rent for versus a unit without one?

Reserved parking in Etobicoke Centre adds an estimated $195 to $248 per month across 1-bedroom and 1-bedroom plus den rental rates, respectively, based on verified unbundled lease comps.

Are parking spaces, lockers, and utilities included in Etobicoke Centre rents?

Across most Ontario condominium developments, suite electricity (hydro) and climate energy are individually metered and paid by the tenant, whereas water and building maintenance are covered by the owner's condo fees.

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