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.
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 $119 per month (or 4.42%). Transaction volume spans 49 tracked residential developments, with 1-bedroom and 1-bedroom plus den layouts generating the highest transaction frequency across the neighbourhood's multi-residential listed suites.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Etobicoke Centre
Closed Leases
Transactions that closed in August 2026 across Etobicoke Centre
Etobicoke Centre Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Etobicoke Centre Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Etobicoke Centre, Etobicoke.
| Action | |||||
|---|---|---|---|---|---|
Nuvo 2 at Essex 25 Viking Lane | $2,800/mo | $3.30/SF | 8leases | 5units | Comps |
Bloorvista at Islington Terrace 9 Mabelle Ave | $2,308/mo | $3.87/SF | 6leases | 5units | Comps |
Bloor Promenade at Islington Terrace 5 Mabelle Ave | $2,888/mo | $3.55/SF | 5leases | 2units | Comps |
One Valhalla 1 Valhalla Inn Rd | $2,344/mo | $3.49/SF | 4leases | 4units | Comps |
Triumph (One Valhalla - III) 9 Valhalla Inn Rd | $2,275/mo | $3.51/SF | 4leases | 2units | Comps |
West Village - II 2 Eva Rd | $2,563/mo | $3.65/SF | 4leases | 1unit | Comps |
$2,350/mo | $3.88/SF | 4leases | 1unit | Comps | |
Cypress at Etobicoke 50 Thomas Riley Rd | $2,783/mo | $3.17/SF | 3leases | 6units | Comps |
One - The Kip District 20 Thomas Riley Rd | $2,275/mo | $3.70/SF | 3leases | 2units | Comps |
West Village I 6 Eva Rd | $2,483/mo | $3.66/SF | 3leases | 1unit | Comps |
Kingswood on Bloor 3391 Bloor St W | $2,383/mo | $3.89/SF | 3leases | 1unit | Comps |
Nuvo Essex 35 Viking Lane | $2,800/mo | $3.28/SF | 3leases | 0units | Comps |
Islington Terrace 1 7 Mabelle Ave | $2,550/mo | $3.97/SF | 2leases | 4units | Comps |
Evermore at West Village 10 Eva Rd | $2,750/mo | $3.57/SF | 2leases | 3units | Comps |
King's Gate 101 Subway Cres | $2,963/mo | $2.91/SF | 2leases | 2units | Comps |
Palais at Port Royal Place 3 Michael Power Pl | $2,750/mo | $3.30/SF | 2leases | 2units | Comps |
Barclay Terrace II 1300 Islington Ave | $2,900/mo | $2.92/SF | 2leases | 1unit | Comps |
Thunderbird (One Valhalla - II) 5 Valhalla Inn Rd | $2,338/mo | $3.65/SF | 2leases | 0units | Comps |
Barclay Terrace I 1320 Islington Ave | $3,550/mo | $3.23/SF | 2leases | 0units | Comps |
Promenade at Port Royal Place 5 Michael Power Pl | $2,275/mo | $3.81/SF | 2leases | 0units | Comps |
Port Royal Place I 17 Michael Power Pl | $2,525/mo | $3.33/SF | 2leases | 0units | Comps |
Westwood 8 Fieldway Rd | $2,325/mo | $3.58/SF | 2leases | 0units | Comps |
Valhalla Town Square 30 Gibbs Rd | $2,700/mo | $3.60/SF | 1lease | 5units | Comps |
The Kip District 2 30 Samuel Wood Way | $1,950/mo | $4.88/SF | 1lease | 5units | Comps |
$2,950/mo | $3.47/SF | 1lease | 3units | Comps | |
Port Royal Place III 11 Michael Power Pl | $2,350/mo | $4.27/SF | 1lease | 2units | Comps |
Parc Nuvo at Essex 15 Viking Lane | $2,400/mo | $3.69/SF | 1lease | 1unit | Comps |
Network Lofts 2 Fieldway Rd | $3,000/mo | $3.53/SF | 1lease | 1unit | Comps |
Port Royal Place IV 7 Michael Power Pl | $2,450/mo | $3.77/SF | 1lease | 1unit | Comps |
Town & Country II 2 Aberfoyle Cres | $4,000/mo | $5.56/SF | 1lease | 1unit | Comps |
Essex II 5233 Dundas St W | $2,480/mo | $2.92/SF | 1lease | 0units | Comps |
Sussex House 451 The West Mall | $2,970/mo | $3.13/SF | 1lease | 0units | Comps |
Kingsway on the Park 1 Aberfoyle Cres | $4,400/mo | $2.77/SF | 1lease | 0units | Comps |
Vivid 1 Michael Power Pl | $2,200/mo | $4.00/SF | 1lease | 0units | Comps |
The Masters IV 284 Mill Rd | $3,425/mo | $3.11/SF | 1lease | 0units | Comps |
St. Andrew on the Green 9 Burnhamthorpe Cres | $5,100/mo | $3.00/SF | 1lease | 0units | Comps |
Town & Country I 1 Lomond Dr | $4,000/mo | $3.08/SF | 1lease | 0units | Comps |
Essex I 5229 Dundas St W | $2,500(ask) | $3.57 (ask) | 0leases | 1unit | Comps |
The Masters II 296 Mill Rd | $3,200(ask) | $2.46 (ask) | 0leases | 1unit | Comps |
Port Royal Place V 9 Michael Power Pl | $2,300(ask) | $4.18 (ask) | 0leases | 1unit | Comps |
551 The West Mall 551 The West Mall | — | — | 0leases | 0units | Comps |
Millgate Manor 299 Mill Rd | — | — | 0leases | 0units | Comps |
Millgate Manor II 812 Burnhamthorpe Rd | — | — | 0leases | 0units | Comps |
Millgate Manor III 820 Burnhamthorpe Rd | — | — | 0leases | 0units | Comps |
The Masters I 300 Mill Rd | — | — | 0leases | 0units | Comps |
The Masters III 288 Mill Rd | — | — | 0leases | 0units | Comps |
Evolution Condominiums 5101 Dundas St W | — | — | 0leases | 0units | Comps |
Port Royal Place II 15 Michael Power Pl | — | — | 0leases | 0units | Comps |
Chestnut Place 350 Mill Rd | — | — | 0leases | 0units | Comps |
25 Viking Lane
9 Mabelle Ave
5 Mabelle Ave
1 Valhalla Inn Rd
9 Valhalla Inn Rd
2 Eva Rd
50 Thomas Riley Rd
20 Thomas Riley Rd
6 Eva Rd
3391 Bloor St W
35 Viking Lane
7 Mabelle Ave
10 Eva Rd
101 Subway Cres
3 Michael Power Pl
1300 Islington Ave
5 Valhalla Inn Rd
1320 Islington Ave
5 Michael Power Pl
17 Michael Power Pl
8 Fieldway Rd
30 Gibbs Rd
30 Samuel Wood Way
11 Michael Power Pl
15 Viking Lane
2 Fieldway Rd
7 Michael Power Pl
2 Aberfoyle Cres
5233 Dundas St W
451 The West Mall
1 Aberfoyle Cres
1 Michael Power Pl
284 Mill Rd
9 Burnhamthorpe Cres
1 Lomond Dr
5229 Dundas St W
296 Mill Rd
9 Michael Power Pl
551 The West Mall
299 Mill Rd
812 Burnhamthorpe Rd
820 Burnhamthorpe Rd
300 Mill Rd
288 Mill Rd
5101 Dundas St W
15 Michael Power Pl
350 Mill Rd
Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Etobicoke Centre.
Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).
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.
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.
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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