North York City Centre Apartments for Rent & Condo Comps

North York City Centre's average realized lease price is $2,613 per month ($3.82 per square foot), based on 212 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market leases between $2,250 and $2,900 per month, positioning the submarket 2.59% above the broader North York municipal benchmark.

The average rent for a 1-bedroom apartment in North York City Centre, North York is $2,242 per month ($4.11 per square foot), while 1-bedroom plus den suites average $2,483 per month, based on 30-day tracking data through September 2026. Most 1-bedroom units lease between $2,100 (25th percentile) and $2,280 (75th percentile) per month with an average size of 541 square feet.

The average rent for a 2-bedroom apartment in North York City Centre, North York is $2,941 per month ($3.47 per square foot), while 2-bedroom plus den suites average $3,196 per month, based on 30-day tracking data through September 2026. Most 2-bedroom units lease between $2,700 and $3,050 per month, representing an average rent step-up of $728 (33.44%) and an additional 304 square feet compared to standard 1-bedroom layouts.

The average rent for a 3-bedroom apartment in North York City Centre, North York is $3,844 per month ($4.53 per square foot), based on 30-day tracking data through September 2026. Three-bedroom suites represent a scarce inventory segment with closed transactions averaging 1,052 square feet of living space.

Within North York City Centre, The Atrium II commands the highest average lease rate at approximately $4,500 per month, while Pied a Terre in Avondale offers the most accessible entry point at around $1,900 per month across tracked private condo stock.

North York City Centre rents average $2,613 per month, which is higher than the overall North York average of $2,547 per month (a spread of $66 or 2.59%). Properties in North York City Centre spend an average of 22 days on the market—leasing 2 days faster than the broader North York municipal benchmark of 24 days.

Condo and apartment rentals in North York City Centre primarily fall within postal forward sortation areas (FSAs) such as M2M.

Rental listings in North York City Centre spend an average of 22 days on the market before leasing, based on 30-day tracking through September 2026—leasing 2 days faster than the broader North York municipal benchmark of 24 days.

With active listings averaging $2,828 against closed leases at $2,613—an asking-to-realized spread of $215 per month—landlords should align pricing with recent closed lease benchmarks rather than aspirational asking rates to prevent vacancy extending past the submarket's 22-day average.

Reserved parking in North York City Centre adds an estimated $154 to $424 per month across 1-bedroom and 2-bedroom layouts 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.