North York Submarket Hub

Don Valley North Rental Comps & Market Trends

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 70 tracked properties across Don Valley North, North York.

Postal Codes Covered:M2H, M2J, M2K

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Don Valley North

Active Listings
169units
Across 70 buildings
Average Asking Rent
$2,626/mo
+1.2% Asking Trend
Average Unit Size
685SF
Asking layout average
Average Asking / SF
$3.92/SF
Current asking rate
Average Days on Market
32days
Active listing age

Closed Leases

Transactions that closed in August 2026 across Don Valley North

Units Leased
262closed
Executed transactions
Average Leased Rent
$2,520/mo
+2.5% MoM Delta
Average Leased SF
687SF
Executed size average
Average Leased / SF
$3.80/SF
Realized per-foot rate
Average Days on Market
29days
Days to execute lease

Don Valley North Rental Rates by Unit Layout

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

Studio / Bachelor
$1,776/mo
$4.44/SF · 400 SF
+$26 vs North York
1-Bedroom
$2,174/mo
$4.11/SF · 538 SF
+$64 vs North York
1-Bedroom + Den
$2,322/mo
$3.78/SF · 623 SF
+$32 vs North York
2-Bedroom
$2,846/mo
$3.54/SF · 813 SF
+$16 vs North York
2-Bedroom + Den
$3,039/mo
$3.63/SF · 910 SF
-$49 vs North York
3-Bedroom+
$4,243/mo
$3.45/SF · 1263 SF
+$383 vs North York

Don Valley North Tracked Buildings & Lease Comps

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

Verde - Soul Condos IV

188 Fairview Mall Dr

$2,130
avg leased
Leased $/SF: $4.00/SF
Days on Market: 31d
Closed Leases: 20
Active Supply: 10 units
374 Total SuitesBuilding Comps
Seasons II

85 McMahon Dr

$2,658
avg leased
Leased $/SF: $4.22/SF
Days on Market: 29d
Closed Leases: 17
Active Supply: 9 units
330 Total SuitesBuilding Comps
Alto at Atria

55 Ann O'Reilly Rd

$2,340
avg leased
Leased $/SF: $3.65/SF
Days on Market: 44d
Closed Leases: 12
Active Supply: 4 units
578 Total SuitesBuilding Comps
Ultra at Heron's Hill

2015 Sheppard Ave E

$2,543
avg leased
Leased $/SF: $3.34/SF
Days on Market: 23d
Closed Leases: 11
Active Supply: 5 units
420 Total SuitesBuilding Comps
The Peak at Emerald City

32 Forest Manor Rd

$2,620
avg leased
Leased $/SF: $3.78/SF
Days on Market: 20d
Closed Leases: 10
Active Supply: 8 units
372 Total SuitesBuilding Comps
Omega on the Park

115 McMahon Dr

$2,260
avg leased
Leased $/SF: $3.98/SF
Days on Market: 28d
Closed Leases: 10
Active Supply: 6 units
390 Total SuitesBuilding Comps
$2,530
avg leased
Leased $/SF: $3.73/SF
Days on Market: 27d
Closed Leases: 10
Active Supply: 6 units
263 Total SuitesBuilding Comps
Tango 2

72 Esther Shiner Blvd

$2,495
avg leased
Leased $/SF: $3.46/SF
Days on Market: 18d
Closed Leases: 10
Active Supply: 5 units
257 Total SuitesBuilding Comps
The Village Residences

591 Sheppard Ave E

$2,881
avg leased
Leased $/SF: $4.00/SF
Days on Market: 34d
Closed Leases: 10
Active Supply: 4 units
209 Total SuitesBuilding Comps
Lotus

7 Kenaston Gdns

$2,438
avg leased
Leased $/SF: $3.84/SF
Days on Market: 33d
Closed Leases: 9
Active Supply: 0 units
238 Total SuitesBuilding Comps
$2,560
avg leased
Leased $/SF: $3.85/SF
Days on Market: 15d
Closed Leases: 8
Active Supply: 4 units
340 Total SuitesBuilding Comps
Vivo - Soul Condos III

180 Fairview Mall Dr

$2,234
avg leased
Leased $/SF: $3.77/SF
Days on Market: 26d
Closed Leases: 8
Active Supply: 3 units
207 Total SuitesBuilding Comps
$2,671
avg leased
Leased $/SF: $4.18/SF
Days on Market: 37d
Closed Leases: 7
Active Supply: 8 units
291 Total SuitesBuilding Comps
Emerald City Condominiums

70 Forest Manor Rd

$2,436
avg leased
Leased $/SF: $3.73/SF
Days on Market: 43d
Closed Leases: 7
Active Supply: 4 units
478 Total SuitesBuilding Comps
$2,771
avg leased
Leased $/SF: $4.20/SF
Days on Market: 52d
Closed Leases: 7
Active Supply: 2 units
175 Total SuitesBuilding Comps
$2,490
avg leased
Leased $/SF: $3.49/SF
Days on Market: 23d
Closed Leases: 7
Active Supply: 1 units
312 Total SuitesBuilding Comps
Opus

117 McMahon Dr

$2,475
avg leased
Leased $/SF: $3.88/SF
Days on Market: 14d
Closed Leases: 6
Active Supply: 9 units
350 Total SuitesBuilding Comps
Seasons I

95 McMahon Dr

$2,813
avg leased
Leased $/SF: $4.06/SF
Days on Market: 36d
Closed Leases: 6
Active Supply: 6 units
362 Total SuitesBuilding Comps
Connect Condos - Soul II

128 Fairview Mall Dr

$2,313
avg leased
Leased $/SF: $4.29/SF
Days on Market: 19d
Closed Leases: 6
Active Supply: 5 units
209 Total SuitesBuilding Comps
Scala

25 Adra Grado Way

$3,750
avg leased
Leased $/SF: $3.66/SF
Days on Market: 51d
Closed Leases: 5
Active Supply: 9 units
499 Total SuitesBuilding Comps
The Point at Emerald City

38 Forest Manor Rd

$2,770
avg leased
Leased $/SF: $3.80/SF
Days on Market: 41d
Closed Leases: 5
Active Supply: 4 units
279 Total SuitesBuilding Comps
Tango

121 McMahon Dr

$2,216
avg leased
Leased $/SF: $3.64/SF
Days on Market: 29d
Closed Leases: 5
Active Supply: 3 units
428 Total SuitesBuilding Comps
Dreamtower at Emerald City

62 Forest Manor Rd

$2,320
avg leased
Leased $/SF: $3.69/SF
Days on Market: 17d
Closed Leases: 5
Active Supply: 3 units
316 Total SuitesBuilding Comps
Parfait at Atria

60 Ann O'Reilly Rd

$2,560
avg leased
Leased $/SF: $3.36/SF
Days on Market: 21d
Closed Leases: 5
Active Supply: 0 units
235 Total SuitesBuilding Comps
$2,338
avg leased
Leased $/SF: $3.80/SF
Days on Market: 31d
Closed Leases: 4
Active Supply: 7 units
402 Total SuitesBuilding Comps
$2,238
avg leased
Leased $/SF: $3.55/SF
Days on Market: 31d
Closed Leases: 4
Active Supply: 5 units
245 Total SuitesBuilding Comps
Emerald City Condominiums 2

66 Forest Manor Rd

$2,581
avg leased
Leased $/SF: $3.49/SF
Days on Market: 29d
Closed Leases: 4
Active Supply: 4 units
404 Total SuitesBuilding Comps
Trio at Atria

50 Ann O'Reilly Rd

$2,231
avg leased
Leased $/SF: $3.73/SF
Days on Market: 17d
Closed Leases: 4
Active Supply: 2 units
339 Total SuitesBuilding Comps
Soul Condos - Phase 1

150 Fairview Mall Dr

$2,325
avg leased
Leased $/SF: $3.69/SF
Days on Market: 26d
Closed Leases: 4
Active Supply: 2 units
213 Total SuitesBuilding Comps
$2,375
avg leased
Leased $/SF: $3.61/SF
Days on Market: 35d
Closed Leases: 4
Active Supply: 1 units
271 Total SuitesBuilding Comps
The Bennett on Bayview

3237 Bayview Ave

$2,538
avg leased
Leased $/SF: $3.53/SF
Days on Market: 31d
Closed Leases: 4
Active Supply: 0 units
151 Total SuitesBuilding Comps
Lumina at Emerald City

36 Forest Manor Rd

$2,317
avg leased
Leased $/SF: $4.04/SF
Days on Market: 16d
Closed Leases: 3
Active Supply: 2 units
254 Total SuitesBuilding Comps
625 Sheppard

6 Greenbriar Rd

$2,300
avg leased
Leased $/SF: $3.91/SF
Days on Market: 16d
Closed Leases: 3
Active Supply: 2 units
238 Total SuitesBuilding Comps
Six99 Condos

699 Sheppard Ave E

$2,250
avg leased
Leased $/SF: $3.86/SF
Days on Market: 18d
Closed Leases: 3
Active Supply: 2 units
174 Total SuitesBuilding Comps
Aria Condominiums II

20 Bloorview Pl

$2,948
avg leased
Leased $/SF: $3.25/SF
Days on Market: 38d
Closed Leases: 3
Active Supply: 1 units
250 Total SuitesBuilding Comps
Highpoint

3300 Don Mills Rd

$2,967
avg leased
Leased $/SF: $2.52/SF
Days on Market: 8d
Closed Leases: 3
Active Supply: 1 units
244 Total SuitesBuilding Comps
Vida Condos

621 Sheppard Ave E

$2,483
avg leased
Leased $/SF: $3.59/SF
Days on Market: 39d
Closed Leases: 3
Active Supply: 1 units
205 Total SuitesBuilding Comps
Leslie Boutique Residences

2756 Old Leslie St

$2,567
avg leased
Leased $/SF: $3.46/SF
Days on Market: 37d
Closed Leases: 3
Active Supply: 0 units
182 Total SuitesBuilding Comps
NY2

18 Rean Dr

$2,400
avg leased
Leased $/SF: $3.81/SF
Days on Market: 19d
Closed Leases: 3
Active Supply: 0 units
140 Total SuitesBuilding Comps
Empire at NY Towers

17 Barberry Pl

$2,425
avg leased
Leased $/SF: $3.77/SF
Days on Market: 37d
Closed Leases: 2
Active Supply: 2 units
399 Total SuitesBuilding Comps
20 Forest Manor Condos

20 Forest Manor Road

$2,600
avg leased
Leased $/SF: $2.34/SF
Days on Market: 11d
Closed Leases: 2
Active Supply: 2 units
190 Total SuitesBuilding Comps
$2,950
avg leased
Leased $/SF: $3.19/SF
Days on Market: 9d
Closed Leases: 2
Active Supply: 2 units
27 Total SuitesBuilding Comps
$1,975
avg leased
Leased $/SF: $3.14/SF
Days on Market: 59d
Closed Leases: 2
Active Supply: 1 units
338 Total SuitesBuilding Comps
St. Gabriel Terraces

650 Sheppard Ave E

$3,500
avg leased
Leased $/SF: $7.73/SF
Days on Market: 31d
Closed Leases: 2
Active Supply: 1 units
169 Total SuitesBuilding Comps
$2,700
avg leased
Leased $/SF: $3.10/SF
Days on Market: 29d
Closed Leases: 2
Active Supply: 1 units
143 Total SuitesBuilding Comps
$3,100
avg leased
Leased $/SF: $3.09/SF
Days on Market: 34d
Closed Leases: 2
Active Supply: 0 units
312 Total SuitesBuilding Comps
Skymark I

3303 Don Mills Rd

$3,250
avg leased
Leased $/SF: $2.17/SF
Days on Market: 17d
Closed Leases: 2
Active Supply: 0 units
276 Total SuitesBuilding Comps
$2,025
avg leased
Leased $/SF: $3.68/SF
Days on Market: 26d
Closed Leases: 2
Active Supply: 0 units
255 Total SuitesBuilding Comps
St. Gabriel Manor

676 Sheppard Ave E

$2,500
avg leased
Leased $/SF: $3.45/SF
Days on Market: 16d
Closed Leases: 2
Active Supply: 0 units
96 Total SuitesBuilding Comps
Arc Condominiums

2885 Bayview Ave

$2,550
avg leased
Leased $/SF: $3.92/SF
Days on Market: 6d
Closed Leases: 1
Active Supply: 3 units
447 Total SuitesBuilding Comps
NY Place

17 Kenaston Gdns

$2,400
avg leased
Leased $/SF: $3.69/SF
Days on Market: 18d
Closed Leases: 1
Active Supply: 3 units
135 Total SuitesBuilding Comps
$2,600
avg leased
Leased $/SF: $3.12/SF
Days on Market: 31d
Closed Leases: 1
Active Supply: 2 units
258 Total SuitesBuilding Comps
$2,300
avg leased
Leased $/SF: $3.54/SF
Days on Market: 115d
Closed Leases: 1
Active Supply: 1 units
336 Total SuitesBuilding Comps
Aria Condominiums I

10 Bloorview Pl

$3,400
avg leased
Leased $/SF: $2.60/SF
Days on Market: 62d
Closed Leases: 1
Active Supply: 1 units
297 Total SuitesBuilding Comps
Rockefeller on Bayview

18 Kenaston Gdns

$2,200
avg leased
Leased $/SF: $4.00/SF
Days on Market: 33d
Closed Leases: 1
Active Supply: 1 units
231 Total SuitesBuilding Comps
$2,350
avg leased
Leased $/SF: $3.13/SF
Days on Market: 60d
Closed Leases: 1
Active Supply: 0 units
336 Total SuitesBuilding Comps
Skymark II

1555 Finch Ave E

$2,499
avg leased
Leased $/SF: $2.94/SF
Days on Market: 59d
Closed Leases: 1
Active Supply: 0 units
264 Total SuitesBuilding Comps
$3,400
avg leased
Leased $/SF: $2.62/SF
Days on Market: 18d
Closed Leases: 1
Active Supply: 0 units
195 Total SuitesBuilding Comps
Palace Gate

3181 Bayview Ave

$3,700
avg leased
Leased $/SF: $2.85/SF
Days on Market: 10d
Closed Leases: 1
Active Supply: 0 units
169 Total SuitesBuilding Comps
$2,500
avg leased
Leased $/SF: $3.85/SF
Days on Market: 12d
Closed Leases: 1
Active Supply: 0 units
159 Total SuitesBuilding Comps
St. Gabriel Village II

662 Sheppard Ave E

$8,250
avg leased
Leased $/SF: $3.81/SF
Days on Market: 58d
Closed Leases: 1
Active Supply: 0 units
152 Total SuitesBuilding Comps
The Chelsea

19 Barberry Pl

$2,400
avg leased
Leased $/SF: $3.20/SF
Days on Market: 5d
Closed Leases: 1
Active Supply: 0 units
128 Total SuitesBuilding Comps
$2,150
avg leased
Leased $/SF: $3.31/SF
Days on Market: 11d
Closed Leases: 1
Active Supply: 0 units
75 Total SuitesBuilding Comps
$4,000
avg leased
Leased $/SF: $2.67/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
75 Total SuitesBuilding Comps
Willow Park at Bayview

17 Ruddington Dr

$3,200
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
75 Total SuitesBuilding Comps
5 Parkway Forest

5 Parkway Forest Dr

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
300 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
230 Total SuitesBuilding Comps
The Elegance

65 Skymark Dr

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
201 Total SuitesBuilding Comps
St. Gabriel Village I

660 Sheppard Ave E

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
101 Total SuitesBuilding Comps
Watergarden Condominiums

1 Watergarden Way

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
40 Total SuitesBuilding 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 Don Valley North.

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.

Don Valley North Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Don Valley North

Don Valley North is an established residential submarket within North York, comprising 70 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 Don Valley North is anchored by municipal transit connections, primary arterial thoroughfares, and nearby regional highways, connecting residents efficiently across North York and the wider Greater Toronto Area.

The residential inventory in Don Valley North 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 Don Valley North is currently $2,520/month ($3.80/SF), with an average leasing velocity of 29 Days on Market. Compared to the overall North York municipal benchmark ($2,573/month), Don Valley North trades at a 2% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Discovery II - Park Place (E) ($1,975/mo) to St. Gabriel Village II ($8,250/mo).

Currently across Don Valley North's 70 tracked multi-family properties, there are 169 active rental listings with an average asking rent of $2,626/month ($3.92/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,520/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 Don Valley North to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 29 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 $2,520/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 Don Valley North to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Don Valley North's 70 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

Don Valley North Rental Market & Leasing FAQs

Essential insights for tenants, property owners, and real estate professionals navigating Don Valley North, North York

Based on lease transactions tracked by FastScreen in August 2026 across 70 tracked condominium and apartment buildings in Don Valley North, realized rents by unit layout average:

  • Studio / Bachelor:$1,776/mo($4.44/SF · 400 SF)
    +$26 vs North York avg
  • 1-Bedroom:$2,174/mo($4.11/SF · 538 SF)
    +$64 vs North York avg
  • 1-Bedroom + Den:$2,322/mo($3.78/SF · 623 SF)
    +$32 vs North York avg
  • 2-Bedroom:$2,846/mo($3.54/SF · 813 SF)
    +$16 vs North York avg
  • 2-Bedroom + Den:$3,039/mo($3.63/SF · 910 SF)
    -$49 vs North York avg
  • 3-Bedroom+:$4,243/mo($3.45/SF · 1263 SF)
    +$383 vs North York avg

Overall market leasing across all unit layouts averaged $2,520/month ($3.80/SF) with an average of 29 Days on Market. Active rental listings currently average $2,626/month ($3.92/SF) for an average unit size of 685 SF.

Explore Other North York Submarkets

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