Etobicoke Submarket Hub

Etobicoke South Rental Comps & Market Trends

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 21 tracked properties across Etobicoke South, Etobicoke.

Postal Codes Covered:M8V, M8W, M8Z, M9C

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Etobicoke South

Active Listings
19units
Across 21 buildings
Average Asking Rent
$2,697/mo
+1.2% Asking Trend
Average Unit Size
706SF
Asking layout average
Average Asking / SF
$3.95/SF
Current asking rate
Average Days on Market
23days
Active listing age

Closed Leases

Transactions that closed in August 2026 across Etobicoke South

Units Leased
30closed
Executed transactions
Average Leased Rent
$2,509/mo
+6.0% MoM Delta
Average Leased SF
687SF
Executed size average
Average Leased / SF
$3.74/SF
Realized per-foot rate
Average Days on Market
21days
Days to execute lease

Etobicoke South Rental Rates by Unit Layout

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

Studio / Bachelor
$1,706/mo
$3.71/SF · 460 SF
-$124 vs Etobicoke
1-Bedroom
$2,138/mo
$3.95/SF · 548 SF
-$69 vs Etobicoke
1-Bedroom + Den
$2,340/mo
$3.85/SF · 611 SF
-$55 vs Etobicoke
2-Bedroom
$2,741/mo
$3.49/SF · 796 SF
-$219 vs Etobicoke
2-Bedroom + Den
$2,883/mo
$3.58/SF · 817 SF
-$346 vs Etobicoke
3-Bedroom+
$4,200/mo
$3.23/SF · 1300 SF
+$163 vs Etobicoke

Etobicoke South Tracked Buildings & Lease Comps

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

The Tailor

1195 The Queensway

$2,191
avg leased
Leased $/SF: $3.66/SF
Days on Market: 32d
Closed Leases: 8
Active Supply: 5 units
142 Total SuitesBuilding Comps
Thirty Six Zorra

36 Zorra St

$2,555
avg leased
Leased $/SF: $3.54/SF
Days on Market: 45d
Closed Leases: 5
Active Supply: 6 units
459 Total SuitesBuilding Comps
One Sherway - The Final Tower

215 Sherway Gardens Rd

$2,520
avg leased
Leased $/SF: $3.64/SF
Days on Market: 12d
Closed Leases: 5
Active Supply: 1 units
323 Total SuitesBuilding Comps
$2,163
avg leased
Leased $/SF: $4.02/SF
Days on Market: 26d
Closed Leases: 4
Active Supply: 0 units
293 Total SuitesBuilding Comps
One Sherway - Tower I

235 Sherway Gardens Rd

$2,433
avg leased
Leased $/SF: $3.98/SF
Days on Market: 18d
Closed Leases: 3
Active Supply: 2 units
275 Total SuitesBuilding Comps
One Sherway - Tower IV

205 Sherway Gardens Rd

$2,533
avg leased
Leased $/SF: $3.83/SF
Days on Market: 16d
Closed Leases: 3
Active Supply: 1 units
278 Total SuitesBuilding Comps
IQ I

1185 The Queensway

$2,267
avg leased
Leased $/SF: $3.80/SF
Days on Market: 19d
Closed Leases: 3
Active Supply: 0 units
303 Total SuitesBuilding Comps
Queensway Park

7 Smith Cres

$2,733
avg leased
Leased $/SF: $3.94/SF
Days on Market: 15d
Closed Leases: 3
Active Supply: 0 units
167 Total SuitesBuilding Comps
$2,900
avg leased
Leased $/SF: $3.63/SF
Days on Market: 11d
Closed Leases: 2
Active Supply: 1 units
229 Total SuitesBuilding Comps
859 West

859 The Queensway

$2,550
avg leased
Leased $/SF: $3.71/SF
Days on Market: 11d
Closed Leases: 2
Active Supply: 0 units
187 Total SuitesBuilding Comps
Watermark

3563 Lake Shore Blvd W

$2,325
avg leased
Leased $/SF: $3.90/SF
Days on Market: 24d
Closed Leases: 2
Active Supply: 0 units
72 Total SuitesBuilding Comps
Wave Lakeshore West

4 Elsinore Path

$2,200
avg leased
Leased $/SF: $4.00/SF
Days on Market: 27d
Closed Leases: 1
Active Supply: 1 units
184 Total SuitesBuilding Comps
Loggia I

1040 The Queensway

$2,000
avg leased
Leased $/SF: $3.64/SF
Days on Market: 4d
Closed Leases: 1
Active Supply: 1 units
174 Total SuitesBuilding Comps
Aquaview

3865 Lake Shore Blvd W

$2,400
avg leased
Leased $/SF: $3.53/SF
Days on Market: 17d
Closed Leases: 1
Active Supply: 0 units
186 Total SuitesBuilding Comps
Loggia II

1050 The Queensway

$2,400
avg leased
Leased $/SF: $3.69/SF
Days on Market: 15d
Closed Leases: 1
Active Supply: 0 units
142 Total SuitesBuilding Comps
$3,150
avg leased
Leased $/SF: $3.12/SF
Days on Market: 9d
Closed Leases: 1
Active Supply: 0 units
74 Total SuitesBuilding Comps
Waterford Terrace

3531 Lake Shore Blvd W

$2,600
avg leased
Leased $/SF: $2.36/SF
Days on Market: 48d
Closed Leases: 1
Active Supply: 0 units
46 Total SuitesBuilding Comps
The Hive

51 Lady Bank Rd

$1,999
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
18 Total SuitesBuilding Comps
One Sherway - Tower II

225 Sherway Gardens Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
316 Total SuitesBuilding Comps
29th Street Lofts

3400 Lake Shore Blvd W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
40 Total SuitesBuilding Comps
2712 Lake Shore Boulevard W

2712 Lake Shore Boulevard W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding 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 South.

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 South Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Etobicoke South

Etobicoke South is an established residential submarket within Etobicoke, comprising 21 tracked condominium and multi-family properties. The neighbourhood benefits from strong local demand, proximity to regional employment nodes, and accessible neighborhood commercial amenities.

Transportation throughout Etobicoke South is anchored by municipal transit connections, primary arterial thoroughfares, and nearby regional highways, connecting residents efficiently across Etobicoke and the wider Greater Toronto Area.

The residential inventory in Etobicoke South features a balanced mix of contemporary condominium developments and established multi-residential suites, offering versatile floor plans tailored to individuals, couples, and working professionals.

Submarket Pricing Density & Municipal Benchmark Spread

The realized average lease rate in Etobicoke South is currently $2,509/month ($3.74/SF), with an average leasing velocity of 21 Days on Market. Compared to the overall Etobicoke municipal benchmark ($2,691/month), Etobicoke South trades at a 7% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Loggia I ($2,000/mo) to Qube Condos on the Queensway ($3,150/mo).

Currently across Etobicoke South's 21 tracked multi-family properties, there are 19 active rental listings with an average asking rent of $2,697/month ($3.95/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,509/month, representing real-world contract values negotiated between property owners and prospective tenants.

For Renters

Evaluate both verified closed lease comps and active asking prices across Etobicoke South to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 21 days on market, prepare pre-verified credit reports, proof of employment, and deposit drafts prior to viewings. Check building construction completion dates to confirm Ontario rent control guideline applicability.

For Landlords

Aligning initial asking rents with recent 30-day closed transactions rather than speculative active listings prevents extended vacancy periods and protects net operating income. At an average rent of $2,509/mo, each day of vacancy costs $84/day. Pricing your listing accurately to 30-day verified comps eliminates costly extended marketing periods and protects your annual net operating income.

For Realtors

Review building-level historical lease velocity and $/SF trends in Etobicoke South to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Etobicoke South's 21 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

Etobicoke South Rental Market & Leasing FAQs

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

Based on lease transactions tracked by FastScreen in August 2026 across 21 tracked condominium and apartment buildings in Etobicoke South, realized rents by unit layout average:

  • Studio / Bachelor:$1,706/mo($3.71/SF · 460 SF)
    -$124 vs Etobicoke avg
  • 1-Bedroom:$2,138/mo($3.95/SF · 548 SF)
    -$69 vs Etobicoke avg
  • 1-Bedroom + Den:$2,340/mo($3.85/SF · 611 SF)
    -$55 vs Etobicoke avg
  • 2-Bedroom:$2,741/mo($3.49/SF · 796 SF)
    -$219 vs Etobicoke avg
  • 2-Bedroom + Den:$2,883/mo($3.58/SF · 817 SF)
    -$346 vs Etobicoke avg
  • 3-Bedroom+:$4,200/mo($3.23/SF · 1300 SF)
    +$163 vs Etobicoke avg

Overall market leasing across all unit layouts averaged $2,509/month ($3.74/SF) with an average of 21 Days on Market. Active rental listings currently average $2,697/month ($3.95/SF) for an average unit size of 706 SF.

Explore Other Etobicoke Submarkets

Compare neighbourhood comps and rental rates for leased units across Etobicoke against Etobicoke South

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