North York Submarket Hub

North York City Centre Rental Comps & Market Trends

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 103 tracked properties across North York City Centre, North York.

Postal Codes Covered:M2M, M2N, M5P

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across North York City Centre

Active Listings
151units
Across 103 buildings
Average Asking Rent
$2,719/mo
+1.2% Asking Trend
Average Unit Size
736SF
Asking layout average
Average Asking / SF
$3.88/SF
Current asking rate
Average Days on Market
35days
Active listing age

Closed Leases

Transactions that closed in August 2026 across North York City Centre

Units Leased
195closed
Executed transactions
Average Leased Rent
$2,674/mo
+1.6% MoM Delta
Average Leased SF
723SF
Executed size average
Average Leased / SF
$3.86/SF
Realized per-foot rate
Average Days on Market
22days
Days to execute lease

North York City Centre Rental Rates by Unit Layout

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

Studio / Bachelor
$1,825/mo
$4.56/SF · 400 SF
+$75 vs North York
1-Bedroom
$2,202/mo
$4.31/SF · 522 SF
+$92 vs North York
1-Bedroom + Den
$2,436/mo
$3.74/SF · 656 SF
+$146 vs North York
2-Bedroom
$2,998/mo
$3.54/SF · 866 SF
+$168 vs North York
2-Bedroom + Den
$3,291/mo
$4.02/SF · 902 SF
+$203 vs North York
3-Bedroom+
$3,458/mo
$3.38/SF · 1030 SF
-$402 vs North York

North York City Centre Tracked Buildings & Lease Comps

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

M2M Condos

8 Olympic Garden Dr

$2,777
avg leased
Leased $/SF: $4.05/SF
Days on Market: 34d
Closed Leases: 11
Active Supply: 9 units
808 Total SuitesBuilding Comps
Spring at Gardens

23 Sheppard Ave E

$2,568
avg leased
Leased $/SF: $3.92/SF
Days on Market: 26d
Closed Leases: 10
Active Supply: 4 units
342 Total SuitesBuilding Comps
The Diamond Condominiums

75 Canterbury Pl

$2,463
avg leased
Leased $/SF: $4.07/SF
Days on Market: 31d
Closed Leases: 10
Active Supply: 2 units
369 Total SuitesBuilding Comps
Ellie Condos

15 Ellerslie Avenue

$2,400
avg leased
Leased $/SF: $4.69/SF
Days on Market: 19d
Closed Leases: 8
Active Supply: 4 units
301 Total SuitesBuilding Comps
Twenty One Hillcrest

21 Hillcrest Ave

$2,413
avg leased
Leased $/SF: $3.48/SF
Days on Market: 24d
Closed Leases: 8
Active Supply: 4 units
239 Total SuitesBuilding Comps
Azura

15 Holmes Ave

$2,394
avg leased
Leased $/SF: $4.32/SF
Days on Market: 11d
Closed Leases: 8
Active Supply: 3 units
357 Total SuitesBuilding Comps
Cosmo I

35 Bales Ave

$2,185
avg leased
Leased $/SF: $3.80/SF
Days on Market: 24d
Closed Leases: 8
Active Supply: 2 units
282 Total SuitesBuilding Comps
Aristo

120 Harrison Garden Blvd

$2,411
avg leased
Leased $/SF: $3.73/SF
Days on Market: 15d
Closed Leases: 7
Active Supply: 3 units
472 Total SuitesBuilding Comps
Pearl Place

4955 Yonge St

$2,507
avg leased
Leased $/SF: $3.97/SF
Days on Market: 26d
Closed Leases: 7
Active Supply: 1 units
478 Total SuitesBuilding Comps
Centre

2 Anndale Dr/5 Sheppard Ave E

$2,888
avg leased
Leased $/SF: $3.80/SF
Days on Market: 18d
Closed Leases: 6
Active Supply: 3 units
684 Total SuitesBuilding Comps
$2,850
avg leased
Leased $/SF: $3.89/SF
Days on Market: 15d
Closed Leases: 6
Active Supply: 3 units
326 Total SuitesBuilding Comps
$2,780
avg leased
Leased $/SF: $3.52/SF
Days on Market: 21d
Closed Leases: 6
Active Supply: 2 units
364 Total SuitesBuilding Comps
$2,777
avg leased
Leased $/SF: $4.08/SF
Days on Market: 23d
Closed Leases: 6
Active Supply: 1 units
247 Total SuitesBuilding Comps
Meridian Residences II

25 Greenview Ave

$2,470
avg leased
Leased $/SF: $3.82/SF
Days on Market: 24d
Closed Leases: 5
Active Supply: 9 units
349 Total SuitesBuilding Comps
Beacon

5180 Yonge St

$2,780
avg leased
Leased $/SF: $4.06/SF
Days on Market: 15d
Closed Leases: 5
Active Supply: 8 units
372 Total SuitesBuilding Comps
$3,200
avg leased
Leased $/SF: $3.43/SF
Days on Market: 24d
Closed Leases: 5
Active Supply: 4 units
459 Total SuitesBuilding Comps
EI8HTY8

88 Sheppard Ave E

$2,240
avg leased
Leased $/SF: $3.94/SF
Days on Market: 17d
Closed Leases: 5
Active Supply: 3 units
375 Total SuitesBuilding Comps
Spectrum I

30 Harrison Garden Blvd

$2,460
avg leased
Leased $/SF: $4.26/SF
Days on Market: 39d
Closed Leases: 5
Active Supply: 2 units
269 Total SuitesBuilding Comps
Grand Triomphe I

10 Northtown Way

$2,519
avg leased
Leased $/SF: $3.57/SF
Days on Market: 21d
Closed Leases: 4
Active Supply: 7 units
397 Total SuitesBuilding Comps
Broadway I

153 Beecroft Rd

$2,400
avg leased
Leased $/SF: $4.07/SF
Days on Market: 10d
Closed Leases: 4
Active Supply: 4 units
303 Total SuitesBuilding Comps
Savvy Condominiums

17 Anndale Dr

$3,288
avg leased
Leased $/SF: $3.46/SF
Days on Market: 14d
Closed Leases: 4
Active Supply: 3 units
290 Total SuitesBuilding Comps
$3,075
avg leased
Leased $/SF: $3.76/SF
Days on Market: 21d
Closed Leases: 4
Active Supply: 1 units
452 Total SuitesBuilding Comps
Grand Triomphe II

500 Doris Ave

$2,633
avg leased
Leased $/SF: $3.52/SF
Days on Market: 19d
Closed Leases: 4
Active Supply: 0 units
307 Total SuitesBuilding Comps
Madison Centre

100 Upper Madison Ave

$3,500
avg leased
Leased $/SF: $2.92/SF
Days on Market: 30d
Closed Leases: 4
Active Supply: 0 units
260 Total SuitesBuilding Comps
Platinum Towers I

23 Hollywood Ave

$3,033
avg leased
Leased $/SF: $3.50/SF
Days on Market: 21d
Closed Leases: 3
Active Supply: 3 units
342 Total SuitesBuilding Comps
Pearl Condominiums

35 Hollywood Ave

$2,950
avg leased
Leased $/SF: $3.62/SF
Days on Market: 35d
Closed Leases: 3
Active Supply: 3 units
299 Total SuitesBuilding Comps
The Palm

5740 Yonge St

$2,600
avg leased
Leased $/SF: $3.43/SF
Days on Market: 15d
Closed Leases: 3
Active Supply: 3 units
216 Total SuitesBuilding Comps
Royal Pinnacle

33 Empress Ave

$3,542
avg leased
Leased $/SF: $3.01/SF
Days on Market: 8d
Closed Leases: 3
Active Supply: 2 units
363 Total SuitesBuilding Comps
Dia Condominiums

30 Canterbury Pl

$2,783
avg leased
Leased $/SF: $4.22/SF
Days on Market: 17d
Closed Leases: 3
Active Supply: 2 units
160 Total SuitesBuilding Comps
Avonshire

100 Harrison Garden Blvd

$2,550
avg leased
Leased $/SF: $3.43/SF
Days on Market: 9d
Closed Leases: 3
Active Supply: 1 units
456 Total SuitesBuilding Comps
Ultima II - South

4968 Yonge St

$2,517
avg leased
Leased $/SF: $3.73/SF
Days on Market: 9d
Closed Leases: 3
Active Supply: 1 units
386 Total SuitesBuilding Comps
Skymark Centre at Avondale I

78 Harrison Garden Blvd

$2,700
avg leased
Leased $/SF: $3.59/SF
Days on Market: 24d
Closed Leases: 3
Active Supply: 1 units
333 Total SuitesBuilding Comps
The Boulevard

188 Doris Ave

$2,633
avg leased
Leased $/SF: $3.66/SF
Days on Market: 8d
Closed Leases: 3
Active Supply: 1 units
323 Total SuitesBuilding Comps
Residences of Avondale II

18 Harrison Garden Blvd

$2,703
avg leased
Leased $/SF: $3.65/SF
Days on Market: 12d
Closed Leases: 3
Active Supply: 1 units
304 Total SuitesBuilding Comps
$2,317
avg leased
Leased $/SF: $3.48/SF
Days on Market: 29d
Closed Leases: 3
Active Supply: 1 units
190 Total SuitesBuilding Comps
$1,867
avg leased
Leased $/SF: $4.67/SF
Days on Market: 39d
Closed Leases: 3
Active Supply: 1 units
80 Total SuitesBuilding Comps
Peninsula Place

233 Beecroft Rd

$2,483
avg leased
Leased $/SF: $3.68/SF
Days on Market: 28d
Closed Leases: 3
Active Supply: 0 units
333 Total SuitesBuilding Comps
Cosmo II

31 Bales Ave

$2,367
avg leased
Leased $/SF: $3.84/SF
Days on Market: 30d
Closed Leases: 3
Active Supply: 0 units
285 Total SuitesBuilding Comps
Bravo Condominiums

26 Norton Ave

$2,717
avg leased
Leased $/SF: $3.64/SF
Days on Market: 14d
Closed Leases: 3
Active Supply: 0 units
187 Total SuitesBuilding Comps
Triomphe at Northtown II

15 Northtown Way

$2,600
avg leased
Leased $/SF: $3.81/SF
Days on Market: 11d
Closed Leases: 2
Active Supply: 4 units
359 Total SuitesBuilding Comps
The Monet

60 Byng Ave

$2,150
avg leased
Leased $/SF: $3.61/SF
Days on Market: 22d
Closed Leases: 2
Active Supply: 3 units
308 Total SuitesBuilding Comps
Spectrum II

28 Harrison Garden Blvd

$2,350
avg leased
Leased $/SF: $3.62/SF
Days on Market: 13d
Closed Leases: 2
Active Supply: 2 units
231 Total SuitesBuilding Comps
Ultima I - North

4978 Yonge St

$2,925
avg leased
Leased $/SF: $3.33/SF
Days on Market: 24d
Closed Leases: 2
Active Supply: 1 units
383 Total SuitesBuilding Comps
Skymark Centre at Avondale II

80 Harrison Garden Blvd

$4,463
avg leased
Leased $/SF: $10.11/SF
Days on Market: 15d
Closed Leases: 2
Active Supply: 1 units
381 Total SuitesBuilding Comps
Broadway II

155 Beecroft Rd

$2,375
avg leased
Leased $/SF: $3.68/SF
Days on Market: 25d
Closed Leases: 2
Active Supply: 1 units
354 Total SuitesBuilding Comps
Hollywood Plaza II

28 Hollywood Ave

$3,350
avg leased
Leased $/SF: $3.39/SF
Days on Market: 33d
Closed Leases: 2
Active Supply: 1 units
144 Total SuitesBuilding Comps
Residences of Avondale I

16 Harrison Garden Blvd

$2,350
avg leased
Leased $/SF: $3.94/SF
Days on Market: 12d
Closed Leases: 2
Active Supply: 0 units
309 Total SuitesBuilding Comps
Empress Plaza I

35 Empress Ave

$2,825
avg leased
Leased $/SF: $2.94/SF
Days on Market: 4d
Closed Leases: 2
Active Supply: 0 units
224 Total SuitesBuilding Comps
Celsius

68 Canterbury Pl

$2,350
avg leased
Leased $/SF: $3.94/SF
Days on Market: 32d
Closed Leases: 2
Active Supply: 0 units
208 Total SuitesBuilding Comps
Kingsdale

238 Doris Ave

$3,075
avg leased
Leased $/SF: $3.40/SF
Days on Market: 43d
Closed Leases: 2
Active Supply: 0 units
200 Total SuitesBuilding Comps
The Imperial I

256 Doris Ave

$2,600
avg leased
Leased $/SF: $3.47/SF
Days on Market: 4d
Closed Leases: 2
Active Supply: 0 units
188 Total SuitesBuilding Comps
The Imperial II

260 Doris Ave

$3,038
avg leased
Leased $/SF: $3.20/SF
Days on Market: 19d
Closed Leases: 2
Active Supply: 0 units
146 Total SuitesBuilding Comps
Place Nouveau I

5785 Yonge St

$3,050
avg leased
Leased $/SF: $5.74/SF
Days on Market: 46d
Closed Leases: 2
Active Supply: 0 units
126 Total SuitesBuilding Comps
Meridian Residences I

15 Greenview Ave

$2,800
avg leased
Leased $/SF: $3.73/SF
Days on Market: 12d
Closed Leases: 1
Active Supply: 6 units
416 Total SuitesBuilding Comps
Radiance @ Gardens

33 Sheppard Ave E

$2,300
avg leased
Leased $/SF: $3.54/SF
Days on Market: 11d
Closed Leases: 1
Active Supply: 5 units
377 Total SuitesBuilding Comps
Royal Arms

5418 Yonge St

$2,850
avg leased
Leased $/SF: $3.00/SF
Days on Market: 45d
Closed Leases: 1
Active Supply: 5 units
221 Total SuitesBuilding Comps
Sommerset at Northtown

18 Sommerset Way

$3,200
avg leased
Leased $/SF: $3.37/SF
Days on Market: 3d
Closed Leases: 1
Active Supply: 3 units
283 Total SuitesBuilding Comps
$2,500
avg leased
Leased $/SF: $3.33/SF
Days on Market: 47d
Closed Leases: 1
Active Supply: 3 units
274 Total SuitesBuilding Comps
The Majestic I

28 Empress Ave

$2,950
avg leased
Leased $/SF: $3.47/SF
Days on Market: 41d
Closed Leases: 1
Active Supply: 3 units
269 Total SuitesBuilding Comps
Manhattan Place

131 Beecroft Rd

$4,500
avg leased
Leased $/SF: $3.00/SF
Days on Market: 45d
Closed Leases: 1
Active Supply: 2 units
277 Total SuitesBuilding Comps
Platinum XO

18 Spring Garden Ave

$3,000
avg leased
Leased $/SF: $3.53/SF
Days on Market: 15d
Closed Leases: 1
Active Supply: 1 units
341 Total SuitesBuilding Comps
Skyview on Yonge

5444 Yonge St

$2,680
avg leased
Leased $/SF: $3.15/SF
Days on Market: 8d
Closed Leases: 1
Active Supply: 1 units
281 Total SuitesBuilding Comps
$2,700
avg leased
Leased $/SF: $3.18/SF
Days on Market: 74d
Closed Leases: 1
Active Supply: 1 units
197 Total SuitesBuilding Comps
Place Nouveau II

5765 Yonge St

$2,800
avg leased
Leased $/SF: $2.55/SF
Days on Market: 57d
Closed Leases: 1
Active Supply: 1 units
196 Total SuitesBuilding Comps
Parkside at Northtown

880 Grandview Way

$4,100
avg leased
Leased $/SF: $2.73/SF
Days on Market: 21d
Closed Leases: 1
Active Supply: 1 units
148 Total SuitesBuilding Comps
$2,700
avg leased
Leased $/SF: $3.18/SF
Days on Market: 53d
Closed Leases: 1
Active Supply: 0 units
339 Total SuitesBuilding Comps
Rodeo Walk

30 Greenfield Ave

$2,800
avg leased
Leased $/SF: $3.73/SF
Days on Market: 13d
Closed Leases: 1
Active Supply: 0 units
325 Total SuitesBuilding Comps
$2,000
avg leased
Leased $/SF: $4.04/SF
Days on Market: 150d
Closed Leases: 1
Active Supply: 0 units
308 Total SuitesBuilding Comps
The Majestic II

18 Parkview Ave

$3,000
avg leased
Leased $/SF: $3.16/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
285 Total SuitesBuilding Comps
The Atrium II

65 Spring Garden Ave

$4,500
avg leased
Leased $/SF: $2.37/SF
Days on Market: 18d
Closed Leases: 1
Active Supply: 0 units
245 Total SuitesBuilding Comps
Park Palace on Yonge II

18 Pemberton Ave

$2,200
avg leased
Leased $/SF: $4.00/SF
Days on Market: 67d
Closed Leases: 1
Active Supply: 0 units
227 Total SuitesBuilding Comps
Park Palace on Yonge III

28 Pemberton Ave

$2,850
avg leased
Leased $/SF: $3.00/SF
Days on Market: 50d
Closed Leases: 1
Active Supply: 0 units
227 Total SuitesBuilding Comps
Empress Plaza II

18 Hillcrest Ave

$2,850
avg leased
Leased $/SF: $2.59/SF
Days on Market: 7d
Closed Leases: 1
Active Supply: 0 units
201 Total SuitesBuilding Comps
Park Lane II

1 Pemberton Ave

$3,350
avg leased
Leased $/SF: $3.38/SF
Days on Market: 51d
Closed Leases: 1
Active Supply: 0 units
192 Total SuitesBuilding Comps
Grandview at Northtown

88 Grandview Way

$3,400
avg leased
Leased $/SF: $3.09/SF
Days on Market: 10d
Closed Leases: 1
Active Supply: 0 units
156 Total SuitesBuilding Comps
Monaco

28 Byng Ave

$2,900
avg leased
Leased $/SF: $3.41/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
147 Total SuitesBuilding Comps
The Mansions of Avondale I

55 Harrison Garden Blvd

$2,400
avg leased
Leased $/SF: $3.69/SF
Days on Market: 7d
Closed Leases: 1
Active Supply: 0 units
147 Total SuitesBuilding Comps
Hollywood Plaza I

18 Hollywood Ave

$3,850
avg leased
Leased $/SF: $2.77/SF
Days on Market: 11d
Closed Leases: 1
Active Supply: 0 units
144 Total SuitesBuilding Comps
The Plaza

29 Pemberton Ave

$3,000
avg leased
Leased $/SF: $3.26/SF
Days on Market: 91d
Closed Leases: 1
Active Supply: 0 units
124 Total SuitesBuilding Comps
The Mansions of Avondale II

51 Harrison Garden Blvd

$2,300
avg leased
Leased $/SF: $3.07/SF
Days on Market: 3d
Closed Leases: 1
Active Supply: 0 units
108 Total SuitesBuilding Comps
Flo Condos

28 Avondale Ave

$2,550
avg leased
Leased $/SF: $3.92/SF
Days on Market: 13d
Closed Leases: 1
Active Supply: 0 units
94 Total SuitesBuilding Comps
$2,050
avg leased
Leased $/SF: $3.73/SF
Days on Market: 48d
Closed Leases: 1
Active Supply: 0 units
75 Total SuitesBuilding Comps
One Avondale Lofts

1 Avondale Ave

$2,600
avg leased
Leased $/SF: $3.06/SF
Days on Market: 100d
Closed Leases: 1
Active Supply: 0 units
72 Total SuitesBuilding Comps
Turnberry Court

5795 Yonge St

$2,500
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 2 units
210 Total SuitesBuilding Comps
Dynasty Tower

5460 Yonge St

$2,800
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 2 units
168 Total SuitesBuilding Comps
Vogue

7 Bishop Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
382 Total SuitesBuilding Comps
Sonata

7 Lorraine Dr

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
303 Total SuitesBuilding Comps
Symphony Square

23 Lorraine Dr

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
295 Total SuitesBuilding Comps
Princess Place IV

22 Olive Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
288 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
265 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
250 Total SuitesBuilding Comps
C-Condominiums

503 Beecroft Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
243 Total SuitesBuilding Comps
The Chicago

35 Finch Ave E

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
233 Total SuitesBuilding Comps
The Atrium I

33 Elmhurst Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
223 Total SuitesBuilding Comps
Princess Place III

20 Olive Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
213 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
201 Total SuitesBuilding Comps
Princess Place I

26 Olive Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
184 Total SuitesBuilding Comps
Park Lane I

3 Pemberton Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
176 Total SuitesBuilding Comps
Princess Place II

28 Olive Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
176 Total SuitesBuilding Comps
The Paramount

39 Pemberton Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
174 Total SuitesBuilding Comps
Park Palace on Yonge I

8 Pemberton Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
148 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
120 Total SuitesBuilding Comps
Northam Mews

1 - 2 Duplex Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
30 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 North York City Centre.

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.

North York City Centre Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for North York City Centre

North York City Centre is an established residential submarket within North York, comprising 103 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 North York City Centre 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 North York City Centre 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 North York City Centre is currently $2,674/month ($3.86/SF), with an average leasing velocity of 22 Days on Market. Compared to the overall North York municipal benchmark ($2,573/month), North York City Centre trades at a 4% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Pied a Terre in Avondale ($1,867/mo) to Manhattan Place ($4,500/mo).

Currently across North York City Centre's 103 tracked multi-family properties, there are 151 active rental listings with an average asking rent of $2,719/month ($3.88/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,674/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 North York City Centre to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 22 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 $2,674/mo, each day of vacancy costs $89/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 North York City Centre to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across North York City Centre's 103 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

North York City Centre Rental Market & Leasing FAQs

Essential insights for tenants, property owners, and real estate professionals navigating North York City Centre, North York

Based on lease transactions tracked by FastScreen in August 2026 across 103 tracked condominium and apartment buildings in North York City Centre, realized rents by unit layout average:

  • Studio / Bachelor:$1,825/mo($4.56/SF · 400 SF)
    +$75 vs North York avg
  • 1-Bedroom:$2,202/mo($4.31/SF · 522 SF)
    +$92 vs North York avg
  • 1-Bedroom + Den:$2,436/mo($3.74/SF · 656 SF)
    +$146 vs North York avg
  • 2-Bedroom:$2,998/mo($3.54/SF · 866 SF)
    +$168 vs North York avg
  • 2-Bedroom + Den:$3,291/mo($4.02/SF · 902 SF)
    +$203 vs North York avg
  • 3-Bedroom+:$3,458/mo($3.38/SF · 1030 SF)
    -$402 vs North York avg

Overall market leasing across all unit layouts averaged $2,674/month ($3.86/SF) with an average of 22 Days on Market. Active rental listings currently average $2,719/month ($3.88/SF) for an average unit size of 736 SF.

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