Etobicoke South Apartments for Rent & Condo Comps

Etobicoke South's average realized lease price is $2,457 per month ($3.72 per square foot), based on 52 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market spans from a 25th percentile rent of $2,150 per month to a 75th percentile rent of $2,700 per month, with a median rent of $2,350 per month. These rates represent a minor discount of $22 or 0.89% compared to the broader Etobicoke municipal benchmark of $2,479 per month.

The average rent for a 1-bedroom apartment in Etobicoke South, Etobicoke is $2,189 per month ($3.87 per square foot) based on 30-day trailing data ending September 30, 2026, while 1-bedroom plus den suites average $2,344 per month ($3.78 per square foot). Most 1-bedroom units lease between $2,000 and $2,200 per month, with an average size of 546 square feet.

The average rent for a 2-bedroom apartment in Etobicoke South, Etobicoke is $2,773 per month ($3.46 per square foot) based on 30-day trailing data ending September 30, 2026, while 2-bedroom plus den suites average $2,867 per month ($4.11 per square foot). Most 2-bedroom units lease between $2,600 and $2,850 per month. Upgrading from a 1-bedroom to a 2-bedroom suite requires an average rent step-up of $601 per month alongside an additional 237 square feet.

The average rent for a 3-bedroom apartment in Etobicoke South, Etobicoke is $3,275 per month ($3.22 per square foot), based on 30-day trailing data ending September 30, 2026. Three-bedroom suites represent a specialized inventory segment within the submarket, with tracked closed leases averaging 1,001 square feet and monthly rents ranging from a 25th percentile of $3,125 per month to a 75th percentile of $3,400 per month.

Within Etobicoke South, Qube Condos on the Queensway commands the highest average lease rate at approximately $3,150 per month, while entry-level private transactions across tracked submarket inventory start around $2,000 per month.

Rental rates in Etobicoke South closely mirror the wider Etobicoke municipal average, with both benchmarks sitting at $2,479 per month. Properties in Etobicoke South spend an average of 20 days on the market, matching the broader Etobicoke municipal average of 20 days.

Condo and apartment rentals in Etobicoke South primarily fall within postal forward sortation areas such as M8V and M8W.

Properties in Etobicoke South spend an average of 20 days on the market—leasing 0 days slower than the broader Etobicoke municipal benchmark of 20 days.

With active listings averaging $2,657 per month against closed leases at $2,457 per month—an asking-to-realized spread of $200 per month—landlords in Etobicoke South should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy timelines from exceeding the submarket average of 20 days.

Reserved parking in Etobicoke South adds an estimated $144 to $193 per month across 2-bedroom and 1-bedroom layouts, respectively, based on verified unbundled lease comps.

Standard lease agreements in Ontario require renters to set up separate accounts for suite hydro and heating/cooling power. Water service and common amenity upkeep are almost universally included in the owner's monthly maintenance fees.