Don Valley North Apartments for Rent & Condo Comps

Don Valley North's average realized lease price is $2,518 per month ($3.80/sqft), based on 271 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from $2,200 (25th percentile) to $2,700 (75th percentile) per month, with a median rent of $2,350. This benchmark sits slightly below the broader North York municipal average of $2,572 per month.

The average rent for a 1-bedroom apartment in Don Valley North, North York is $2,139 per month ($4.10/sqft across 531 sqft), while 1-bedroom plus den suites average $2,322 per month ($3.75/sqft across 628 sqft), based on 180-day trailing data through August 31, 2026. Most standard 1-bedroom units lease between $2,000 (25th percentile) and $2,250 (75th percentile) per month.

The average rent for a 2-bedroom apartment in Don Valley North, North York is $2,805 per month ($3.52/sqft across 805 sqft), while 2-bedroom plus den suites average $3,103 per month ($3.39/sqft across 949 sqft), based on 180-day trailing data through August 31, 2026. Most 2-bedroom units lease between $2,650 (25th percentile) and $2,900 (75th percentile) per month, representing an average rent step-up of $666 compared to standard 1-bedroom configurations.

The average rent for a 3-bedroom apartment in Don Valley North, North York is $3,888 per month ($3.74/sqft across 1,123 sqft), based on 180-day trailing data ending August 31, 2026. Three-bedroom and larger apartment rentals represent a scarce inventory segment in the submarket, recording 7 closed leases over the trailing 30 days with an average realized rent of $4,243 per month.

Within Don Valley North, St. Gabriel Village II commands the highest average lease rate at approximately $8,250 per month, while entry-level private transactions across tracked submarket inventory start around $2,056 per month at Legacy at Heron's Hill - Tower.

Don Valley North rents average $2,518 per month, which is lower than the overall North York municipal average of $2,572 per month (a spread of $54 or 2.1%). Properties in Don Valley North spend an average of 29 days on the market—leasing 2 days slower than the broader North York municipal benchmark of 27 days.

Condo and apartment rentals in Don Valley North primarily fall within postal forward sortation areas (FSAs) M2H and M2J.

Rental listings in Don Valley North spend an average of 29 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 2 days slower than the broader North York municipal benchmark of 27 days.

With active listings averaging $2,584 against closed leases at $2,518—an asking-to-realized spread of $66 per month—landlords in Don Valley North should align their pricing strategy with recent closed lease benchmarks rather than aspirational asking rents to prevent vacancy extending past the submarket average of 29 days on market.

Reserved parking in Don Valley North adds an estimated $228 to $337 per month across 1-bedroom and 2-bedroom rental rates, respectively, based on verified unbundled lease comps.

Tenants in modern Ontario condos should budget separately for hydro and heat pump consumption. Bulk water service and structural maintenance are bundled into the building corporation's operating expenses and paid by the landlord.