North York West Apartments for Rent & Condo Comps

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 4 tracked properties across North York West, North York.

Postal Codes Covered:M3N, M9M

North York West Rental Market Overview

As of late September 2026, the North York West submarket in North York—centered around postal forward sortation area M3N across 4 tracked residential developments—demonstrates an accessible, value-oriented rental pocket compared to the broader municipality. Based on 5 closed leases over the trailing 30 days, the effective average realized rent sits at $2,320 per month based on 5 closed leases over the trailing 30 days, alongside 24 active listings currently on the market, operating alongside 24 active listings currently on the market. Landlords maintain an average asking rent of $2,354 across active supply, creating a narrow asking-to-realized spread of just $34 per month that signals balanced pricing alignment between owners and incoming tenants.

Performing at an 8.91% discount relative to the wider North York municipal benchmark of $2,547 per month, North York West functions as an attainable alternative for renters seeking space without central municipal premiums. Transaction activity across the submarket is led primarily by 2-bedroom configurations, while multi-building tracking highlights pricing variation stretching from entry-level private suites up to executive-tier floor plans.

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Analyze verified lease comps and active asking rates across 4 buildings in North York West.

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Active Rental Inventory

Listed and Tracked by FastScreen as of September 2026

Current publicly listed rental units and asking prices across North York West

Active Listings
24units
Across 4 buildings
Average Asking Rent
$2,354/mo
0.0% Asking Trend
Average Unit Size
621SF
Asking layout average
Average Asking / SF
$3.89/SF
Current asking rate
Average Days on Market
20days
Active listing age

Closed Leases

Transactions that closed in September 2026 across North York West

Units Leased
5closed
Executed transactions
Average Leased Rent
$2,320/mo
+28.9% MoM Delta
Average Leased SF
700SF
Executed size average
Average Leased / SF
$3.37/SF
Realized per-foot rate
Average Days on Market
17days
Days to execute lease

North York West Rental Rates by Unit Layout

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

Studio / Bachelor
$1,860*/mo
$4.62/SF · 404 SF
*North York benchmark comp
Parity vs North York
1-Bedroom
$1,900/mo
$3.45/SF · 550 SF
-$285 vs North York
1-Bedroom + Den
$2,200/mo
$4.00/SF · 550 SF
-$198 vs North York
2-Bedroom
$2,500/mo
$3.13/SF · 800 SF
-$359 vs North York
2-Bedroom + Den
$2,600*/mo
$2.74/SF · 950 SF
*90-day realized benchmark (low 30-day turnover)
-$470 vs North York
3-Bedroom+
$3,923*/mo
$4.55/SF · 1172 SF
*North York benchmark comp
Parity vs North York

North York West 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 West, North York.

2825 Jane Street

2825 Jane Street

$2,320
avg leased
Leased $/SF: $3.37/SF
Days on Market: 17d
Closed Leases: 5
Active Supply: 24 units
Condo ResidenceBuilding Comps
Riverside Court

3077 Weston Rd

$2,500
avg leased
Leased $/SF: $2.81/SF
Days on Market: 16d
Closed Leases: 2
Active Supply: 0 units
218 Total SuitesBuilding Comps
Century Gardens

3390 Weston Road

$2,400
avg leased
Leased $/SF: $2.82/SF
Days on Market: 19d
Closed Leases: 1
Active Supply: 0 units
254 Total SuitesBuilding Comps
5 Frith Condos

5 Frith Road

$1,800
avg leased
Leased $/SF: $2.48/SF
Days on Market: 6d
Closed Leases: 1
Active Supply: 0 units
120 Total SuitesBuilding Comps
Calculation Methodology & Metrics Context (September 2026)
Average Leased Rent:

Derived from verified closed lease contracts finalized during September 2026 across multi-residential buildings in North York West.

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 West Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for North York West

As of late September 2026, the North York West submarket in North York—centered around postal forward sortation area M3N across 4 tracked residential developments—demonstrates an accessible, value-oriented rental pocket compared to the broader municipality. Based on 5 closed leases over the trailing 30 days, the effective average realized rent sits at $2,320 per month based on 5 closed leases over the trailing 30 days, alongside 24 active listings currently on the market, operating alongside 24 active listings currently on the market. Landlords maintain an average asking rent of $2,354 across active supply, creating a narrow asking-to-realized spread of just $34 per month that signals balanced pricing alignment between owners and incoming tenants.

Performing at an 8.91% discount relative to the wider North York municipal benchmark of $2,547 per month, North York West functions as an attainable alternative for renters seeking space without central municipal premiums. Transaction activity across the submarket is led primarily by 2-bedroom configurations, while multi-building tracking highlights pricing variation stretching from entry-level private suites up to executive-tier floor plans.

Submarket Pricing Density & Municipal Benchmark Spread

The realized average lease rate in North York West is currently $2,320/month ($3.37/SF), with an average leasing velocity of 17 Days on Market. Compared to the overall North York municipal benchmark ($2,546/month), North York West trades at a 9% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from 5 Frith Condos ($1,800/mo) to Riverside Court ($2,500/mo).

Month Over Month Trends

Month-over-month pricing indicators show a realized average rent increase of $520, or 28.89%, moving from $1,800 across 1 closed lease in the prior 30-day window to $2,320 across 5 closed leases in the current 30-day window. This short-term upward adjustment reflects a shift in transaction mix toward larger multi-bedroom layouts—specifically a heavier concentration of closed 2-bedroom suites averaging $2,500 over the last 30 days compared to the single entry-level 1-bedroom lease that defined the prior baseline period.

Longer Term Trends & Rental Dispersion

Mid-term performance baselines indicate stability, with 90-day realized averages holding at $2,311 per month and an average of 16 days on market, matching historical baselines of $2,260 per month across 10 tracked leases. Overall rent dispersion across the submarket spans from a minimum realized rate of $1,800 to a maximum of $2,600 per month, with a median rent of $2,400. The middle 50% interquartile range stretches from a 25th percentile of $1,975 to a 75th percentile of $2,475, yielding an IQR spread of $500 that captures the distinct pricing tier separating compact entry-level units from larger multi-bedroom family apartments.

Currently across North York West's 4 tracked multi-family properties, there are 24 active rental listings with an average asking rent of $2,354/month ($3.89/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,320/month, representing real-world contract values negotiated between property owners and prospective tenants.

For Renters

Prospective tenants searching in North York West should target the middle 50% benchmark range between $1,975 and $2,475 per month for standard apartment suites. Stepping up from a 1-bedroom configuration to a 2-bedroom layout adds an average of $642 per month (a 35.02% price increase) while gaining approximately 105 square feet of living space. Renters should note that properties lease swiftly—averaging just 17 days on the market—meaning applicants should arrive prepared with documentation and deposits. Reserved parking premiums across asking inventory add a modest unbundled cost ranging from $39 to $113 per month depending on the bedroom tier.

For Landlords

Landlords and condo investors operating in North York West benefit from a highly efficient leasing environment characterized by a swift 17-day average DOM that outpaces the broader North York municipal average by 7 days. With an asking-to-realized spread of only $34 per month, asking rents closely mirror closed transaction values, minimizing the risk of extended vacancies if priced in line with current market reality. Owners should anchor asking prices within the submarket's middle 50% interquartile range ($1,975 to $2,475) to maintain competitive momentum and capture active tenant demand without triggering prolonged listing cycles.

For Realtors

Real estate professionals representing clients in the M3N postal pocket can leverage a tight, fast-moving rental market where active inventory of 24 units serves steady demand across 4 tracked buildings. With 5 closed leases executed over the trailing 30 days and an average absorption rate of 17.2%, agents should advise landlord clients to maintain disciplined pricing alignment against the $2,320 realized average. Managing client expectations around the narrow asking-to-realized spread ensures smooth negotiations, particularly across standard 1-bedroom and 2-bedroom inventory where days on market average under three weeks.

Frequently Asked Questions

North York West Rental Market & Leasing FAQs

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

What is the average rent for a condominium or apartment in North York West, North York?

North York West's average realized lease price is $2,320 per month ($3.37 per square foot), based on 5 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market spans from a 25th percentile of $1,975 to a 75th percentile of $2,475 per month, sitting at an 8.91% discount compared to the broader North York municipal average.

How much is a 1-bedroom apartment in North York West?

The average rent for a 1-bedroom apartment in North York West, North York is $1,833 per month ($2.68 per square foot), while 1-bedroom plus den suites average $2,300 per month, based on 180-day and 90-day tracking data ending September 30, 2026. Most 1-bedroom units lease between $1,800 (25th percentile) and $1,850 (75th percentile) per month, with an average size of 708 square feet.

How much is a 2-bedroom apartment in North York West?

The average rent for a 2-bedroom apartment in North York West, North York is $2,475 per month ($3.05 per square foot), while 2-bedroom plus den suites average $2,600 per month, based on 90-day tracking data ending September 30, 2026. Most 2-bedroom units lease between $2,400 and $2,525 per month, representing an average rent step-up of $642 and 105 square feet over standard 1-bedroom configurations.

How much is a 3-bedroom apartment in North York West?

Three-bedroom apartment rentals in North York West represent a highly scarce inventory segment with zero closed transactions recorded in the current tracking period. Renters seeking multi-bedroom layouts should monitor active listings closely as larger suites become available.

What are the most affordable and premium condo and apartment buildings in North York West?

Within North York West, Riverside Court commands the highest average lease rate at approximately $2,500 per month, while entry-level private transactions across tracked submarket inventory start around $1,800 per month at 5 Frith Condos.

How does rent in North York West compare to the overall North York average?

North York West rents average $2,320 per month, which is lower than the overall North York average of $2,547 per month (a spread of $227 or 8.91%). Properties in North York West spend an average of 17 days on the market—leasing 7 days faster than the broader North York municipal benchmark of 24 days.

What are the postal code FSAs for North York West?

Condo and apartment rentals in North York West primarily fall within postal forward sortation areas (FSAs) such as M3N.

How fast do rental units lease in North York West (Days on Market)?

Rental listings in North York West spend an average of 17 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 7 days faster than the broader North York municipal benchmark of 24 days.

How should landlords price their rental listings in North York West to avoid vacancy loss?

With active listings averaging $2,354 against closed leases at $2,320—an asking-to-realized spread of just $34 per month—landlords should align asking prices closely with recent closed lease benchmarks rather than aspirational targets to ensure rapid tenant absorption within the submarket's 17-day average DOM.

How much more will a unit with a parking spot in North York West rent for versus a unit without one?

A distinct parking premium cannot be isolated from current data because most tracked listings either bundle parking into the lease or sample variations in unit size obscure the standalone rate, though asking data indicates unbundled parking premiums ranging from $39 to $113 per month across specific bedroom tiers.

Are parking spaces, lockers, and utilities included in North York West 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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