Downsview Apartments for Rent & Condo Comps

Downsview's average realized lease price is $2,423 per month ($3.76 per square foot), based on 72 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans between $2,150 (25th percentile) and $2,550 (75th percentile) per month, positioning submarket rents at a modest discount compared to the broader North York municipal benchmark of $2,572.

The average rent for a 1-bedroom apartment in Downsview, North York is $2,090 per month ($3.91 per square foot), while 1-bedroom plus den suites average $2,279 per month based on 30-day tracking data. Most 1-bedroom units lease between $1,900 (25th percentile) and $2,150 (75th percentile) per month, with an average size of 523 square feet across 180-day closed transactions.

The average rent for a 2-bedroom apartment in Downsview, North York is $2,564 per month ($3.81 per square foot), while 2-bedroom plus den suites average $2,888 per month based on 30-day tracking data. Most 2-bedroom units lease between $2,388 (25th percentile) and $2,650 (75th percentile) per month, representing a rental step-up of $527 over 1-bedroom configurations while expanding living space by an average of 184 square feet.

The average rent for a 3-bedroom apartment in Downsview, North York is $3,017 per month ($3.87 per square foot), based on 30-day tracking data. Three-bedroom and larger suites represent a highly desirable inventory segment in the M3H postal area, averaging 1,124 square feet across historical closed transactions and offering family-sized floor plans.

Within Downsview, The Avanti commands the highest average lease rate at approximately $2,825 per month, while Westmount Condominiums offers the most accessible entry point among tracked buildings at around $1,917 per month.

Downsview rents average $2,423 per month, which is lower than the overall North York municipal average of $2,572 per month (a spread of $149 or 5.79%). Properties in Downsview spend an average of 25 days on the market—leasing 2 days faster than the broader North York municipal benchmark of 27 days.

Condo and apartment rentals in Downsview primarily fall within postal forward sortation areas (FSAs) such as M3H.

Rental listings in Downsview spend an average of 25 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 2 days faster than the broader North York municipal benchmark of 27 days.

With active listings averaging $2,495 against closed leases at $2,423—an asking-to-realized spread of $72 per month—landlords should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy from exceeding the 25-day submarket average.

Reserved parking in Downsview adds an estimated $181 to $387 per month 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.