Don Valley North Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 90 tracked properties across Don Valley North, North York.
Don Valley North Rental Market Overview
Rental market activity across Don Valley North in North York—concentrated within postal forwarding sectors M2H and M2J—reflects a balanced and actively trading environment as of late September 2026. Public market records show an average realized rent of $2,508 based on 229 closed leases executed over the trailing 30 days, operating alongside 234 active listings currently on the market. Landlords maintain an average asking rent of $2,641 across available suites, creating an asking-to-realized spread of $133 per month that offers moderate negotiation room for qualified applicants. Operating across 90 tracked residential developments, leasing performance in Don Valley North closely tracks wider municipal benchmarks, sitting at a minor 1.53% discount compared to the broader North York municipal average of $2,547. Transaction volume is led heavily by 1-bedroom and 1-bedroom plus den layouts, which account for the majority of executed lease contracts.
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Analyze verified lease comps and active asking rates across 90 buildings in Don Valley North.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Don Valley North
Closed Leases
Transactions that closed in September 2026 across Don Valley North
Don Valley North Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
Don Valley North Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Don Valley North, North York.
| Action | |||||
|---|---|---|---|---|---|
Lotus 7 Kenaston Gdns | $2,372/mo | $3.85/SF | 16leases | 5units | Comps |
Verde - Soul Condos IV 188 Fairview Mall Dr | $2,335/mo | $4.22/SF | 13leases | 12units | Comps |
Alto at Atria 55 Ann O'Reilly Rd | $2,405/mo | $3.68/SF | 11leases | 5units | Comps |
The Village Residences 591 Sheppard Ave E | $2,761/mo | $3.83/SF | 9leases | 6units | Comps |
Tango 121 McMahon Dr | $2,383/mo | $3.64/SF | 9leases | 4units | Comps |
Seasons II 85 McMahon Dr | $3,013/mo | $4.26/SF | 8leases | 7units | Comps |
King's Landing 68 Esther Shiner Boulevard | $2,363/mo | $4.00/SF | 8leases | 4units | Comps |
Yorkland at Heron's Hill 275 Yorkland Rd | $2,214/mo | $4.05/SF | 7leases | 11units | Comps |
Ultra at Heron's Hill 2015 Sheppard Ave E | $2,276/mo | $3.81/SF | 7leases | 5units | Comps |
Omega on the Park 115 McMahon Dr | $2,480/mo | $4.03/SF | 6leases | 7units | Comps |
Soul Condos - Phase 1 150 Fairview Mall Dr | $2,183/mo | $4.20/SF | 6leases | 6units | Comps |
Opus 117 McMahon Dr | $2,342/mo | $4.03/SF | 6leases | 4units | Comps |
King's Landing 18 Esther Shiner Boulevard | $3,213/mo | $4.25/SF | 6leases | 2units | Comps |
Seasons I 95 McMahon Dr | $2,783/mo | $4.00/SF | 6leases | 0units | Comps |
Fifth on the Park - Emerald City 5 50 Forest Manor Rd | $2,466/mo | $4.06/SF | 5leases | 7units | Comps |
The Residences at Central Park 29 Green Trail Court | $2,600/mo | $3.91/SF | 5leases | 5units | Comps |
Connect Condos - Soul II 128 Fairview Mall Dr | $2,369/mo | $4.22/SF | 4leases | 9units | Comps |
The Park Club - Emerald City 6 56 Forest Manor Rd | $2,613/mo | $4.61/SF | 4leases | 6units | Comps |
Vivo - Soul Condos III 180 Fairview Mall Dr | $2,313/mo | $4.09/SF | 4leases | 6units | Comps |
The Peak at Emerald City 32 Forest Manor Rd | $2,625/mo | $3.94/SF | 4leases | 5units | Comps |
Saisons - East Tower 27 McMahon Dr | $2,788/mo | $4.30/SF | 4leases | 5units | Comps |
Scala 25 Adra Grado Way | $2,488/mo | $3.68/SF | 4leases | 4units | Comps |
Emerald City Condominiums 2 66 Forest Manor Rd | $2,600/mo | $3.56/SF | 4leases | 4units | Comps |
Emerald City Condominiums 70 Forest Manor Rd | $2,475/mo | $3.79/SF | 4leases | 2units | Comps |
Discovery II - Park Place (E) 19 Singer Crt | $2,313/mo | $3.46/SF | 4leases | 2units | Comps |
NY Towers - Chrysler East 3 Rean Dr | $2,388/mo | $3.57/SF | 4leases | 2units | Comps |
Legacy at Heron's Hill - Tower 30 Herons Hill Way | $1,988/mo | $3.61/SF | 4leases | 2units | Comps |
Discovery I - Park Place (A) 33 Singer Crt | $2,288/mo | $3.97/SF | 4leases | 1unit | Comps |
Arc Condominiums 2885 Bayview Ave | $2,200/mo | $3.99/SF | 3leases | 5units | Comps |
Discovery I - Park Place (B) 29 Singer Crt | $2,430/mo | $3.59/SF | 3leases | 4units | Comps |
Lumina at Emerald City 36 Forest Manor Rd | $2,432/mo | $3.62/SF | 3leases | 4units | Comps |
Biyu - The Colours of Emerald City 52 Forest Manor Rd | $2,117/mo | $3.82/SF | 3leases | 4units | Comps |
Six99 Condos 699 Sheppard Ave E | $2,767/mo | $4.08/SF | 3leases | 4units | Comps |
The Bennett on Bayview 3237 Bayview Ave | $2,666/mo | $3.41/SF | 3leases | 4units | Comps |
Dreamtower at Emerald City 62 Forest Manor Rd | $2,583/mo | $3.62/SF | 3leases | 2units | Comps |
Leslie Boutique Residences 2756 Old Leslie St | $2,167/mo | $3.85/SF | 3leases | 2units | Comps |
King's Landing 75 Billes Heights | $3,517/mo | $3.87/SF | 3leases | 0units | Comps |
NY Towers II - Waldorf West 2 Rean Dr | $3,217/mo | $3.33/SF | 3leases | 0units | Comps |
St. Gabriel Terraces 650 Sheppard Ave E | $2,350/mo | $4.05/SF | 3leases | 0units | Comps |
NY Place 17 Kenaston Gdns | $2,150/mo | $3.74/SF | 3leases | 0units | Comps |
Graydon Hall Apartments 150 Graydon Hall Drive | $2,213/mo | $2.78/SF | 2leases | 12units | Comps |
625 Sheppard 6 Greenbriar Rd | $2,100/mo | $4.38/SF | 2leases | 6units | Comps |
Trio at Atria 50 Ann O'Reilly Rd | $2,175/mo | $3.87/SF | 2leases | 4units | Comps |
Empire at NY Towers 17 Barberry Pl | $2,600/mo | $3.74/SF | 2leases | 2units | Comps |
The Point at Emerald City 38 Forest Manor Rd | $2,400/mo | $4.23/SF | 2leases | 2units | Comps |
Saisons - West Tower 25 McMahon Dr | $2,775/mo | $4.48/SF | 2leases | 2units | Comps |
NY2 18 Rean Dr | $2,525/mo | $3.76/SF | 2leases | 2units | Comps |
Parfait at Atria 60 Ann O'Reilly Rd | $2,600/mo | $3.72/SF | 2leases | 1unit | Comps |
The Zenith at Skymark Place 55 Skymark Dr | $2,975/mo | $2.51/SF | 2leases | 1unit | Comps |
The Bayview - Tower 23 Rean Dr | $3,500/mo | $3.10/SF | 2leases | 1unit | Comps |
Aria Condominiums I 10 Bloorview Pl | $2,750/mo | $3.50/SF | 2leases | 0units | Comps |
20 Forest Manor Condos 20 Forest Manor Road | $2,100/mo | $2.63/SF | 2leases | 0units | Comps |
The Chelsea 19 Barberry Pl | $2,438/mo | $3.50/SF | 2leases | 0units | Comps |
Vida Condos 621 Sheppard Ave E | $2,650/mo | $4.08/SF | 1lease | 7units | Comps |
Glen Valley 715 Don Mills Road | $2,450/mo | $2.58/SF | 1lease | 3units | Comps |
260-350 Seneca Hill Condos 260-350 Seneca Hill Drive | $2,800/mo | $3.29/SF | 1lease | 2units | Comps |
Tango 2 72 Esther Shiner Blvd | $2,180/mo | $3.96/SF | 1lease | 2units | Comps |
Highpoint 3300 Don Mills Rd | $2,900/mo | $2.64/SF | 1lease | 2units | Comps |
NY Towers - Chrysler West 1 Rean Dr | $2,700/mo | $4.50/SF | 1lease | 1unit | Comps |
Rockefeller on Bayview 18 Kenaston Gdns | $2,550/mo | $3.77/SF | 1lease | 1unit | Comps |
The Crossroads 1900 Sheppard Avenue E | $2,850/mo | $3.00/SF | 1lease | 1unit | Comps |
The Bayview - Manor House 15 Rean Dr | $2,700/mo | $3.38/SF | 1lease | 1unit | Comps |
Skymark I 3303 Don Mills Rd | $3,300/mo | $2.20/SF | 1lease | 0units | Comps |
NY Towers II - Waldorf East 8 Rean Dr | $2,500/mo | $3.59/SF | 1lease | 0units | Comps |
Skymark II 1555 Finch Ave E | $2,499/mo | $2.94/SF | 1lease | 0units | Comps |
Crossroads 10 Muirhead Road | $2,900/mo | $2.64/SF | 1lease | 0units | Comps |
Palace Gate 3181 Bayview Ave | $3,700/mo | $2.85/SF | 1lease | 0units | Comps |
Merci Le Condominium 27 Rean Dr | $2,450/mo | $3.27/SF | 1lease | 0units | Comps |
St. Gabriel Village II 662 Sheppard Ave E | $8,250/mo | $3.81/SF | 1lease | 0units | Comps |
Discovery II - Park Place (D) 15 Singer Crt | $2,350/mo | $3.62/SF | 1lease | 0units | Comps |
St. Gabriel Manor 676 Sheppard Ave E | $2,580/mo | $3.44/SF | 1lease | 0units | Comps |
Legacy at Heron's Hill - Podium 2035 Sheppard Ave E | $1,900/mo | $3.45/SF | 1lease | 0units | Comps |
Willow Park at Bayview 17 Ruddington Dr | $2,750/mo | $3.24/SF | 1lease | 0units | Comps |
Bayview Sheppard Manors 9 Greenbriar Road | $2,850/mo | $2.70/SF | 1lease | 0units | Comps |
10 Parkway Forest Drive Condos 10 Parkway Forest Drive | $3,300(ask) | $2.78 (ask) | 0leases | 3units | Comps |
260-350 Seneca Hill Drive Condos 177 Linus Road | $2,625(ask) | $3.09 (ask) | 0leases | 2units | Comps |
Gates Of Bayview 4001 Bayview Avenue | $2,300(ask) | $2.91 (ask) | 0leases | 2units | Comps |
5 Parkway Forest 5 Parkway Forest Dr | $2,490(ask) | $2.56 (ask) | 0leases | 2units | Comps |
Watergarden Condominiums 1 Watergarden Way | $7,000(ask) | $2.95 (ask) | 0leases | 2units | Comps |
Aria Condominiums II 20 Bloorview Pl | $3,100(ask) | $3.26 (ask) | 0leases | 1unit | Comps |
Bayview at the Village 625 Sheppard Avenue E | $1,850(ask) | $4.63 (ask) | 0leases | 1unit | Comps |
70 Old Sheppard Condos 70 Old Sheppard Avenue | $2,750(ask) | $2.89 (ask) | 0leases | 1unit | Comps |
Parkside Square 325 Yorkland Boulevard | — | — | 0leases | 0units | Comps |
Bonneville Towers 35 Esterbrooke Avenue | — | — | 0leases | 0units | Comps |
The Elegance 65 Skymark Dr | — | — | 0leases | 0units | Comps |
The Excellence at Skymark 89 Skymark Dr | — | — | 0leases | 0units | Comps |
Attache North 185 Shaughnessy Boulevard | — | — | 0leases | 0units | Comps |
2960 Don Mills Road 2960 Don Mills Road | — | — | 0leases | 0units | Comps |
St. Gabriel Village I 660 Sheppard Ave E | — | — | 0leases | 0units | Comps |
Godstone Manor 55 Godstone Road | — | — | 0leases | 0units | Comps |
7 Kenaston Gdns
188 Fairview Mall Dr
55 Ann O'Reilly Rd
591 Sheppard Ave E
121 McMahon Dr
85 McMahon Dr
68 Esther Shiner Boulevard
275 Yorkland Rd
2015 Sheppard Ave E
115 McMahon Dr
150 Fairview Mall Dr
117 McMahon Dr
18 Esther Shiner Boulevard
95 McMahon Dr
50 Forest Manor Rd
29 Green Trail Court
128 Fairview Mall Dr
56 Forest Manor Rd
180 Fairview Mall Dr
32 Forest Manor Rd
27 McMahon Dr
25 Adra Grado Way
66 Forest Manor Rd
70 Forest Manor Rd
19 Singer Crt
3 Rean Dr
30 Herons Hill Way
33 Singer Crt
2885 Bayview Ave
29 Singer Crt
36 Forest Manor Rd
52 Forest Manor Rd
699 Sheppard Ave E
3237 Bayview Ave
62 Forest Manor Rd
2756 Old Leslie St
75 Billes Heights
2 Rean Dr
650 Sheppard Ave E
17 Kenaston Gdns
150 Graydon Hall Drive
6 Greenbriar Rd
50 Ann O'Reilly Rd
17 Barberry Pl
38 Forest Manor Rd
25 McMahon Dr
18 Rean Dr
60 Ann O'Reilly Rd
55 Skymark Dr
23 Rean Dr
10 Bloorview Pl
20 Forest Manor Road
19 Barberry Pl
621 Sheppard Ave E
715 Don Mills Road
260-350 Seneca Hill Drive
72 Esther Shiner Blvd
3300 Don Mills Rd
1 Rean Dr
18 Kenaston Gdns
1900 Sheppard Avenue E
15 Rean Dr
3303 Don Mills Rd
8 Rean Dr
1555 Finch Ave E
10 Muirhead Road
3181 Bayview Ave
27 Rean Dr
662 Sheppard Ave E
15 Singer Crt
676 Sheppard Ave E
2035 Sheppard Ave E
17 Ruddington Dr
9 Greenbriar Road
10 Parkway Forest Drive
177 Linus Road
4001 Bayview Avenue
5 Parkway Forest Dr
1 Watergarden Way
20 Bloorview Pl
625 Sheppard Avenue E
70 Old Sheppard Avenue
325 Yorkland Boulevard
35 Esterbrooke Avenue
65 Skymark Dr
89 Skymark Dr
185 Shaughnessy Boulevard
2960 Don Mills Road
660 Sheppard Ave E
55 Godstone Road
Derived from verified closed lease contracts finalized during September 2026 across multi-residential buildings in Don Valley North.
Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).
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.
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
Rental market activity across Don Valley North in North York—concentrated within postal forwarding sectors M2H and M2J—reflects a balanced and actively trading environment as of late September 2026. Public market records show an average realized rent of $2,508 based on 229 closed leases executed over the trailing 30 days, operating alongside 234 active listings currently on the market. Landlords maintain an average asking rent of $2,641 across available suites, creating an asking-to-realized spread of $133 per month that offers moderate negotiation room for qualified applicants. Operating across 90 tracked residential developments, leasing performance in Don Valley North closely tracks wider municipal benchmarks, sitting at a minor 1.53% discount compared to the broader North York municipal average of $2,547. Transaction volume is led heavily by 1-bedroom and 1-bedroom plus den layouts, which account for the majority of executed lease contracts.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Don Valley North is currently $2,508/month ($3.86/SF), with an average leasing velocity of 24 Days on Market. Compared to the overall North York municipal benchmark ($2,546/month), Don Valley North trades at a 1% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Legacy at Heron's Hill - Podium ($1,900/mo) to St. Gabriel Village II ($8,250/mo).
Month Over Month Trends
Month-over-month pricing in Don Valley North adjusted downward by $44, representing a 1.72% change from the prior 30-day average of $2,552 down to $2,508 per month. This short-term downward adjustment aligns with a shift in transaction volume from the prior 30-day period—which recorded 357 closed leases—to 229 closed transactions in the current window. Variations in closed monthly averages reflect natural leasing cycle shifts and a minor recalibration in larger suite mix rather than systemic structural declines in underlying per-square-foot rental value, which remained stable at $3.86.
Longer Term Trends & Rental Dispersion
Long-term baseline metrics spanning 1,634 historical transactions indicate robust price stability, with an all-time average lease price of $2,500 at $3.87 per square foot. Market dispersion analysis reveals a well-defined price distribution: the overall median rent sits at $2,400 per month, flanked by a 25th percentile entry threshold ($p25) of $2,200 and a 75th percentile upper threshold ($p75) of $2,800. This creates an interquartile range (IQR) of $600 for the middle 50% of the market. Across the broader spectrum, recorded transactions range from a minimum entry point of $1,595 up to executive luxury peaks of $8,250 per month.
Currently across Don Valley North's 90 tracked multi-family properties, there are 234 active rental listings with an average asking rent of $2,651/month ($3.87/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,508/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective renters searching in Don Valley North can expect standard market conditions where most mid-tier suites lease within the interquartile range of $2,200 to $2,800 per month. Stepping up from a standard 1-bedroom suite (averaging $2,125 across 180 days) to a 2-bedroom configuration requires an average monthly rent step-up of $705 (a 33.18% increase) while gaining 285 square feet of living space. Moving further to a 3-bedroom layout adds an additional $1,011 per month. With properties averaging 24 days on the market, applicants should prepare required documentation—including proof of income and credit reports—in advance to secure available suites swiftly. Renters should also verify whether parking is bundled into asking rates, as unbundled parking structures can carry additional monthly premiums.
For Landlords
Landlords and condo investors operating in Don Valley North must account for the $133 spread between average asking rents ($2,641) and realized lease contracts ($2,508). Overpricing inventory significantly above the 75th percentile threshold of $2,800 risks extending vacancy timelines beyond the submarket average of 24 days. To maintain competitive absorption—currently supported by a 49.5% absorption rate—owners should align list prices with verified closed lease benchmarks for their specific building and bedroom tier. Properties packaged with clear unbundled parking details or functional den layouts tend to lease within standard market velocity windows without requiring aggressive rent concessions.
For Realtors
Real estate professionals representing clients in Don Valley North navigate a liquid submarket anchored by 90 tracked multi-residential developments across postal codes M2H and M2J. With 234 active listings and 229 closed leases over the trailing 30 days, market liquidity remains balanced. Agents should advise landlord clients to closely monitor the asking-to-realized spread to prevent stale listing periods. For tenant clients, leverage exists primarily against overpriced active inventory, allowing buyers' and renters' agents to negotiate effectively within the $2,200 to $2,800 median price band where the bulk of regional lease volume executes.
Don Valley North Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Don Valley North, North York
What is the average rent for a condominium or apartment in Don Valley North, North York?
Don Valley North's average realized lease price is $2,508 per month ($3.86/sqft), based on 229 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market leases between $2,200 and $2,800 per month, positioning local rates closely in line with the broader North York municipal benchmark of $2,547.
How much is a 1-bedroom apartment in Don Valley North?
The average rent for a 1-bedroom apartment in Don Valley North, North York is $2,125 per month ($4.25/sqft) based on 180-day data, while 1-bedroom plus den suites average $2,328 per month ($3.75/sqft). Most 1-bedroom units lease between $2,000 (25th percentile) and $2,250 (75th percentile) per month, with an average size of 512 square feet.
How much is a 2-bedroom apartment in Don Valley North?
The average rent for a 2-bedroom apartment in Don Valley North, North York is $2,830 per month ($3.60/sqft) based on 180-day data, while 2-bedroom plus den suites average $3,034 per month ($3.54/sqft). Most standard 2-bedroom units lease between $2,700 and $3,000 per month across a median size of 797 square feet, representing a $705 price step-up from standard 1-bedroom layouts.
How much is a 3-bedroom apartment in Don Valley North?
The average rent for a 3-bedroom apartment in Don Valley North, North York is $3,841 per month ($3.86/sqft), based on 180-day data across 74 closed transactions. Three-bedroom suites represent a scarcer inventory segment with an average size of 1,066 square feet and a middle 50% price range spanning from $3,525 to $4,188 per month.
What are the most affordable and premium condo and apartment buildings in Don Valley North?
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 $1,595 per month, with individual buildings such as Bayview at the Village recording verified baseline leases near $1,980 per month.
How does rent in Don Valley North compare to the overall North York average?
Don Valley North rents average $2,508 per month, which is lower than the overall North York municipal average of $2,547 per month (a spread of $39 or -1.53%). Properties in Don Valley North spend an average of 24 days on the market, matching the broader North York municipal benchmark of 24 days.
What are the postal code FSAs for Don Valley North?
Condo and apartment rentals in Don Valley North primarily fall within postal forward sortation areas (FSAs) such as M2H and M2J.
How fast do rental units lease in Don Valley North (Days on Market)?
Rental listings in Don Valley North spend an average of 24 days on the market before leasing, based on 30-day tracking through September 30, 2026—matching the broader North York municipal benchmark of 24 days.
How should landlords price their rental listings in Don Valley North to avoid vacancy loss?
With active listings averaging $2,641 against closed leases at $2,508—an asking-to-realized spread of $133 per month—landlords should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy durations from exceeding the 24-day submarket average.
How much more will a unit with a parking spot in Don Valley North rent for versus a unit without one?
Reserved parking in Don Valley North adds an estimated $217 to $268 per month to 2-bedroom and 1-bedroom rental rates, respectively, based on verified unbundled lease comps.
Are parking spaces, lockers, and utilities included in Don Valley North rents?
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.
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