Downsview Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 58 tracked properties across Downsview, North York.
Downsview Rental Market Overview
As of late September 2026, the Downsview submarket in North York—centered around postal forwarding sector M3H—presents an accessible entry point compared to the broader municipal average. Spanning 58 tracked residential developments, the area recorded an average realized rent of $2,352 based on 90 closed leases over the trailing 30 days, alongside 104 active listings currently on the market. Realized rents in Downsview sit 7.66% below the wider North York municipal benchmark of $2,547, offering renters a relative cost advantage.
Downsview currently functions as a balanced, active leasing pocket with a monthly absorption rate of 46.4%. The active supply of 104 available suites features an average asking rent of $2,469 against an average realized lease price of $2,352, generating an asking-to-realized spread of $117 per month. Transaction volume is heavily anchored by 1-bedroom and 2-bedroom suite configurations, which drive the vast majority of closed leases across the submarket's tracked building inventory.
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Analyze verified lease comps and active asking rates across 58 buildings in Downsview.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Downsview
Closed Leases
Transactions that closed in September 2026 across Downsview
Downsview Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
Downsview Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Downsview, North York.
| Action | |||||
|---|---|---|---|---|---|
WestLine 1100 Sheppard Ave W | $2,496/mo | $3.96/SF | 14leases | 12units | Comps |
Nordic 500 Wilson Ave | $2,215/mo | $4.18/SF | 10leases | 9units | Comps |
The Keeley 3100 Keele Street / 11-15 Maryport Avenue | $2,103/mo | $3.88/SF | 9leases | 5units | Comps |
Southside Residences at Gramercy Park 31 Tippett Rd | $2,686/mo | $3.49/SF | 7leases | 11units | Comps |
Avro 10 De Boers Dr | $2,319/mo | $4.01/SF | 7leases | 3units | Comps |
Tretti 30 Tretti Way | $2,267/mo | $4.45/SF | 6leases | 8units | Comps |
Gramercy Park 525 Wilson Ave | $2,250/mo | $3.42/SF | 6leases | 4units | Comps |
Express Condos 8 Tippett Rd | $2,430/mo | $3.66/SF | 5leases | 7units | Comps |
Metropolis at Metro Place (M3) 1060 Sheppard Ave W | $2,440/mo | $3.50/SF | 5leases | 2units | Comps |
The Station 555-565 Wilson Ave | $2,199/mo | $3.61/SF | 4leases | 0units | Comps |
The Avanti 760 Sheppard Ave W | $2,733/mo | $3.07/SF | 3leases | 3units | Comps |
Terrace Heights II 555 Wilson Heights Blvd | $2,283/mo | $3.67/SF | 3leases | 2units | Comps |
Parkside Towers at Metro Place (M4) 1 De Boers Dr | $2,483/mo | $3.19/SF | 3leases | 1unit | Comps |
Plaza Royale 872 Sheppard Ave W | $2,675/mo | $3.28/SF | 3leases | 1unit | Comps |
M2 at Metro Place 1070 Sheppard Ave W | $2,162/mo | $3.89/SF | 3leases | 0units | Comps |
Saturday in Downsview Park II 60 George Butchart Dr | $2,067/mo | $3.76/SF | 3leases | 0units | Comps |
Greenwich Village Towns 851 Sheppard Avenue W | $1,792/mo | $3.26/SF | 3leases | 0units | Comps |
Ion 15 James Finlay Way | $2,300/mo | $3.54/SF | 2leases | 4units | Comps |
Saturday in Downsview Park 50 George Butchart Dr | $2,350/mo | $3.76/SF | 2leases | 3units | Comps |
The 2800 Condominium Residences 2800 Keele St | $1,663/mo | $4.16/SF | 2leases | 3units | Comps |
Portrait Condominiums 701 Sheppard Ave W | $3,050/mo | $3.35/SF | 2leases | 2units | Comps |
Town Plaza 935 Sheppard Ave W | $2,750/mo | $3.24/SF | 2leases | 1unit | Comps |
The Max 2772 Keele St | $2,650/mo | $3.18/SF | 2leases | 0units | Comps |
130 Neptune Drive Condos 130 Neptune Drive | $2,950/mo | $2.47/SF | 2leases | 0units | Comps |
150 Neptune Condos 150 Neptune Drive | $3,150/mo | $7.70/SF | 2leases | 0units | Comps |
Acclaim 801 Sheppard Ave W | $2,425/mo | $3.25/SF | 2leases | 0units | Comps |
Westmount Boutique Residences 700 Sheppard Ave W | $2,825/mo | $3.32/SF | 1lease | 6units | Comps |
Westmount Condominiums 2737 Keele St | $1,800/mo | $3.60/SF | 1lease | 3units | Comps |
M1 at Metro Place 55 De Boers Dr | $2,250/mo | $3.46/SF | 1lease | 2units | Comps |
335 Driftwood Avenue 335 Driftwood Avenue | $2,400/mo | $2.82/SF | 1lease | 1unit | Comps |
Rocket at Subway 38 Monte Kwinter Crt | $2,200/mo | $4.00/SF | 1lease | 1unit | Comps |
Park Plaza 1030 Sheppard Ave W | $2,950/mo | $3.69/SF | 1lease | 1unit | Comps |
Hampton Plaza 920 Sheppard Ave W | $2,800/mo | $2.55/SF | 1lease | 1unit | Comps |
Terrace Heights I 897 Sheppard Ave W | $2,600/mo | $3.06/SF | 1lease | 1unit | Comps |
Residences on Sheppard 778 Sheppard Ave W | $2,400/mo | $2.82/SF | 1lease | 1unit | Comps |
235 Grandravine Drive 235 Grandravine Drive | $1,800/mo | $2.77/SF | 1lease | 0units | Comps |
Parkside Tower 1450 Sheppard Avenue W | $2,695(ask) | $2.84 (ask) | 0leases | 2units | Comps |
4745 Jane Street Condos 4645 Jane Street | $2,700(ask) | $3.38 (ask) | 0leases | 1unit | Comps |
Leadway Apartments 1305-1309 Wilson Avenue | $1,999(ask) | $3.08 (ask) | 0leases | 1unit | Comps |
Reuben Cipin Healthy Living Community 2 Neptune Drive | $3,200(ask) | $4.35 (ask) | 0leases | 1unit | Comps |
Viva Condominiums I 3830 Bathurst St | $3,000(ask) | $2.73 (ask) | 0leases | 1unit | Comps |
Four Winds Drive Condos 19 Four Winds Drive | — | — | 0leases | 0units | Comps |
Driftwood Gardens 345 Driftwood Avenue | — | — | 0leases | 0units | Comps |
Bristol House 10 Tobermory Drive | — | — | 0leases | 0units | Comps |
480 Wilson Apartments 480 Wilson Avenue | — | — | 0leases | 0units | Comps |
Greenwich Village 861 Sheppard Avenue | — | — | 0leases | 0units | Comps |
Four Winds Condos 31 Four Winds Drive | — | — | 0leases | 0units | Comps |
Diva 741 Sheppard Ave W | — | — | 0leases | 0units | Comps |
Viva Condominiums II 3840 Bathurst St | — | — | 0leases | 0units | Comps |
The Plaza Suites IV 890 Sheppard Ave W | — | — | 0leases | 0units | Comps |
Park Place 4200 Bathurst St | — | — | 0leases | 0units | Comps |
Terrace Heights III 906 Sheppard Ave W | — | — | 0leases | 0units | Comps |
Ashlea Terrace 800 Sheppard Ave W | — | — | 0leases | 0units | Comps |
32 Hotspur 32 Hotspur Road | — | — | 0leases | 0units | Comps |
1 Wandle Avenue 1 Wandle Avenue | — | — | 0leases | 0units | Comps |
10 Wasdale Crescent 10 Wasdale Crescent | — | — | 0leases | 0units | Comps |
1364 Wilson Avenue 1364 Wilson Avenue | — | — | 0leases | 0units | Comps |
726 Sheppard Avenue W 726 Sheppard Avenue W | — | — | 0leases | 0units | Comps |
1100 Sheppard Ave W
500 Wilson Ave
3100 Keele Street / 11-15 Maryport Avenue
31 Tippett Rd
10 De Boers Dr
30 Tretti Way
525 Wilson Ave
8 Tippett Rd
1060 Sheppard Ave W
555-565 Wilson Ave
760 Sheppard Ave W
555 Wilson Heights Blvd
1 De Boers Dr
872 Sheppard Ave W
1070 Sheppard Ave W
60 George Butchart Dr
851 Sheppard Avenue W
15 James Finlay Way
50 George Butchart Dr
2800 Keele St
701 Sheppard Ave W
935 Sheppard Ave W
2772 Keele St
130 Neptune Drive
150 Neptune Drive
801 Sheppard Ave W
700 Sheppard Ave W
2737 Keele St
55 De Boers Dr
335 Driftwood Avenue
38 Monte Kwinter Crt
1030 Sheppard Ave W
920 Sheppard Ave W
897 Sheppard Ave W
778 Sheppard Ave W
235 Grandravine Drive
1450 Sheppard Avenue W
4645 Jane Street
1305-1309 Wilson Avenue
2 Neptune Drive
3830 Bathurst St
19 Four Winds Drive
345 Driftwood Avenue
10 Tobermory Drive
480 Wilson Avenue
861 Sheppard Avenue
31 Four Winds Drive
741 Sheppard Ave W
3840 Bathurst St
890 Sheppard Ave W
4200 Bathurst St
906 Sheppard Ave W
800 Sheppard Ave W
32 Hotspur Road
1 Wandle Avenue
10 Wasdale Crescent
1364 Wilson Avenue
726 Sheppard Avenue W
Derived from verified closed lease contracts finalized during September 2026 across multi-residential buildings in Downsview.
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.
Downsview Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Downsview
As of late September 2026, the Downsview submarket in North York—centered around postal forwarding sector M3H—presents an accessible entry point compared to the broader municipal average. Spanning 58 tracked residential developments, the area recorded an average realized rent of $2,352 based on 90 closed leases over the trailing 30 days, alongside 104 active listings currently on the market. Realized rents in Downsview sit 7.66% below the wider North York municipal benchmark of $2,547, offering renters a relative cost advantage.
Downsview currently functions as a balanced, active leasing pocket with a monthly absorption rate of 46.4%. The active supply of 104 available suites features an average asking rent of $2,469 against an average realized lease price of $2,352, generating an asking-to-realized spread of $117 per month. Transaction volume is heavily anchored by 1-bedroom and 2-bedroom suite configurations, which drive the vast majority of closed leases across the submarket's tracked building inventory.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Downsview is currently $2,347/month ($3.76/SF), with an average leasing velocity of 22 Days on Market. Compared to the overall North York municipal benchmark ($2,546/month), Downsview trades at a 8% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from The 2800 Condominium Residences ($1,663/mo) to 150 Neptune Condos ($3,150/mo).
Month Over Month Trends
Short-term pricing metrics show a minor month-over-month adjustment across the submarket. Average realized lease prices shifted by -$66, representing a 2.73% decrease from the prior 30-day period when average realized rents stood at $2,418 across 80 closed transactions. This modest variance reflects normal monthly fluctuations in bedroom mix and transaction distribution rather than a broader structural downward trend, as leasing volume expanded from 80 to 90 closed transactions month-over-month.
Longer Term Trends & Rental Dispersion
Longer-term leasing baselines demonstrate stable pricing structures across Downsview. Across the 462 historical leases tracked in the submarket, the average lease price stands at $2,356 at $3.74 per square foot, closely aligning with the 90-day rolling average of $2,383. Market dispersion spans a wide absolute range from a minimum recorded rent of $1,375 to a maximum of $4,000 per month, with an overall median rent of $2,300.
The middle 50% of the market—defined by the interquartile range—sees rents concentrated between the 25th percentile of $2,100 and the 75th percentile of $2,550 per month, yielding an IQR spread of $450. This structural pricing band indicates a dependable baseline for both entry-level and mid-market multi-residential rentals.
Currently across Downsview's 58 tracked multi-family properties, there are 104 active rental listings with an average asking rent of $2,469/month ($3.75/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,347/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective renters searching in Downsview can expect a competitive environment where well-priced suites lease quickly. Most standard transactions fall within the submarket's middle 50% range, spanning from $2,100 to $2,550 per month. Stepping up from a standard 1-bedroom suite (averaging $2,014 over 180 days) to a 2-bedroom layout (averaging $2,535) requires an average monthly investment of $521—a 25.87% price increase that secures an additional 188 square feet of living space. Expanding further to a 3-bedroom configuration adds an average of $637 per month over a 2-bedroom baseline. Applicants should prepare required documentation in advance, as properties spend an average of just 22 days on the market. Renters should also clarify parking arrangements, as unbundled parking structures can introduce additional monthly premiums depending on the building.
For Landlords
Landlords and condo investors operating in Downsview should anchor their leasing strategies to verified closed transaction data rather than aspirational asking prices. With active listings averaging $2,469 against closed leases at $2,352, the market exhibits a positive asking-to-realized spread of $117 per month. Properties priced significantly above the $2,550 75th percentile risk extended vacancies beyond the submarket's 22-day average days on market. Investors should account for parking unbundling: verified lease comps show that reserved parking spaces add meaningful value across bedroom tiers, with standalone parking premiums ranging from approximately $186 per month for 1-bedroom units up to $611 for 3-bedroom configurations where available.
For Realtors
Real estate professionals representing clients in Downsview navigate a liquid submarket characterized by steady turnover across 58 tracked residential buildings within the M3H postal node. With a 46.4% absorption rate and an average days on market of 22 days—outperforming the municipal pace by 2 days—agents must advise buyer and tenant clients to act decisively upon new listings. Managing the $117 spread between active asking rents and realized lease contracts requires careful comparable analysis of recent 30-day closed transactions across specific building projects rather than relying on broad municipal averages.
Downsview Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Downsview, North York
What is the average rent for a condominium or apartment in Downsview, North York?
Downsview's average realized lease price is $2,352 per month ($3.75 per square foot), based on 90 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market ranges between $2,100 (25th percentile) and $2,550 (75th percentile) per month, sitting 7.66% below the broader North York municipal benchmark of $2,547.
How much is a 1-bedroom apartment in Downsview?
The average rent for a 1-bedroom apartment in Downsview, North York is $2,076 per month ($3.83 per square foot), while 1-bedroom plus den suites average $2,263 per month, based on 30-day trailing data ending September 30, 2026. Most 1-bedroom units lease between $1,900 (25th percentile) and $2,150 (75th percentile) per month, with an average size of 531 square feet for closed leases.
How much is a 2-bedroom apartment in Downsview?
The average rent for a 2-bedroom apartment in Downsview, North York is $2,551 per month ($3.61 per square foot), while 2-bedroom plus den suites average $2,800 per month, based on 30-day trailing data ending September 30, 2026. Most 2-bedroom units lease between $2,350 (25th percentile) and $2,650 (75th percentile) per month, representing an average monthly price step-up of $521 and 188 square feet over a standard 1-bedroom layout.
How much is a 3-bedroom apartment in Downsview?
The average rent for a 3-bedroom apartment in Downsview, North York is $3,067 per month ($3.19 per square foot), based on 30-day trailing data ending September 30, 2026. Three-bedroom and larger apartment rentals in Downsview represent a scarce inventory segment with a closed average square footage of 1,011 square feet and an all-time average rent of $3,172 across 16 historical transactions.
What are the most affordable and premium condo and apartment buildings in Downsview?
Within Downsview, 150 Neptune Condos commands the highest average lease rate at approximately $3,150 per month, while entry-level private transactions across tracked submarket inventory start around $1,375 per month.
How does rent in Downsview compare to the overall North York average?
Downsview rents average $2,352 per month, which is lower than the overall North York municipal average of $2,547 per month (a spread of -$195 or -7.66%). Properties in Downsview spend an average of 22 days on the market—leasing 2 days faster than the broader North York municipal benchmark of 24 days.
What are the postal code FSAs for Downsview?
Condo and apartment rentals in Downsview primarily fall within postal forward sortation areas (FSAs) such as M3H.
How fast do rental units lease in Downsview (Days on Market)?
Rental listings in Downsview spend an average of 22 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 2 days faster than the broader North York municipal benchmark of 24 days.
How should landlords price their rental listings in Downsview to avoid vacancy loss?
With active listings averaging $2,469 against closed leases at $2,352—an asking-to-realized spread of $117 per month—landlords should align asking prices closely with recent closed lease benchmarks to avoid extending vacancy periods beyond the submarket's 22-day average days on market.
How much more will a unit with a parking spot in Downsview rent for versus a unit without one?
Reserved parking in Downsview adds an estimated $186 to $362 per month across 1-bedroom and 2-bedroom rental layouts, respectively, based on verified unbundled lease comps.
Are parking spaces, lockers, and utilities included in Downsview 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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