Don Mills Apartments for Rent & Condo Comps

Don Mills's average realized lease price is $2,533 per month ($3.56 per square foot), based on 50 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market ranges from $2,150 to $2,700 per month, sitting very close to the broader North York municipal average of $2,572 per month.

The average rent for a 1-bedroom apartment in Don Mills, North York is $2,174 per month ($3.79 per square foot) based on 30-day tracking, while 1-bedroom plus den suites average $2,342 per month based on 30-day data. Most standard 1-bedroom units lease between $2,050 (25th percentile) and $2,250 (75th percentile) per month, with an average size of 565 square feet.

The average rent for a 2-bedroom apartment in Don Mills, North York is $2,997 per month ($3.26 per square foot) based on 30-day data, while 2-bedroom plus den suites average $2,967 per month. Most 2-bedroom units lease between $2,725 (25th percentile) and $3,400 (75th percentile) per month, representing a significant step-up of $988 per month and 372 square feet compared to standard 1-bedroom layouts.

Three-bedroom apartment rentals in Don Mills represent a highly scarce inventory segment with zero closed transactions recorded in the current 30-day tracking period (though 5 units leased over the 180-day window at an average of $5,580 per month). Renters seeking multi-bedroom layouts should monitor active listings closely as larger suites become available.

Within Don Mills, Highgate Residence I commands the highest average lease rate at approximately $5,483 per month, while The Rosewood II - South Tower offers accessible private transactions averaging $2,150 per month.

Don Mills rents average $2,533 per month, which is lower than the overall North York average of $2,572 per month (a spread of $39 or -1.52%). Properties in Don Mills spend an average of 28 days on the market—leasing 1 day slower than the broader North York municipal benchmark of 27 days.

Condo and apartment rentals in Don Mills primarily fall within postal forward sortation areas (FSAs) such as M3A.

Rental listings in Don Mills spend an average of 28 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 1 day slower than the broader North York municipal benchmark of 27 days.

With active listings averaging $3,237 per month against closed leases at $2,533 per month—an asking-to-realized spread of $704 per month—landlords should price units in line with recent closed lease benchmarks rather than aspirational asking rates to prevent vacancy extending past the 28-day submarket average.

Reserved parking in Don Mills adds an estimated $79 to $449 per month to rental rates across 1-bedroom and 2-bedroom layouts, respectively, based on verified unbundled lease comps.

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.