North York Submarket Hub

Willowdale Rental Comps & Market Trends

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 19 tracked properties across Willowdale, North York.

Postal Codes Covered:M2N, M2R

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Willowdale

Active Listings
6units
Across 19 buildings
Average Asking Rent
$2,908/mo
+1.2% Asking Trend
Average Unit Size
917SF
Asking layout average
Average Asking / SF
$3.38/SF
Current asking rate
Average Days on Market
26days
Active listing age

Closed Leases

Transactions that closed in August 2026 across Willowdale

Units Leased
7closed
Executed transactions
Average Leased Rent
$2,736/mo
-3.5% MoM Delta
Average Leased SF
736SF
Executed size average
Average Leased / SF
$3.74/SF
Realized per-foot rate
Average Days on Market
31days
Days to execute lease

Willowdale Rental Rates by Unit Layout

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

Studio / Bachelor
$1,860/mo
$4.04/SF · 460 SF
+$110 vs North York
1-Bedroom
$2,250/mo
$3.86/SF · 583 SF
+$140 vs North York
1-Bedroom + Den
$2,500/mo
$3.33/SF · 750 SF
+$210 vs North York
2-Bedroom
$2,900/mo
$3.87/SF · 750 SF
+$70 vs North York
2-Bedroom + Den
$3,500/mo
$3.68/SF · 951 SF
+$412 vs North York
3-Bedroom+
$4,104/mo
$3.48/SF · 1180 SF
+$244 vs North York

Willowdale Tracked Buildings & Lease Comps

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

181 East

181 Sheppard Ave E

$2,840
avg leased
Leased $/SF: $3.81/SF
Days on Market: 38d
Closed Leases: 5
Active Supply: 3 units
185 Total SuitesBuilding Comps
Jade Condominiums

399 Spring Garden Ave

$2,478
avg leased
Leased $/SF: $4.27/SF
Days on Market: 42d
Closed Leases: 5
Active Supply: 0 units
171 Total SuitesBuilding Comps
Tea Garden Condos

2 Teagarden Crt

$2,740
avg leased
Leased $/SF: $3.88/SF
Days on Market: 11d
Closed Leases: 5
Active Supply: 0 units
128 Total SuitesBuilding Comps
The Primrose I

1101 Steeles Ave W

$3,206
avg leased
Leased $/SF: $2.47/SF
Days on Market: 27d
Closed Leases: 4
Active Supply: 0 units
213 Total SuitesBuilding Comps
Bayview Mansions II

1 Clairtrell Rd

$3,433
avg leased
Leased $/SF: $5.79/SF
Days on Market: 9d
Closed Leases: 3
Active Supply: 0 units
116 Total SuitesBuilding Comps
Twenty One Clairtrell

21 Clairtrell Rd

$2,475
avg leased
Leased $/SF: $3.55/SF
Days on Market: 12d
Closed Leases: 2
Active Supply: 1 units
128 Total SuitesBuilding Comps
The Savoy

10 Torresdale Ave

$3,150
avg leased
Leased $/SF: $2.42/SF
Days on Market: 39d
Closed Leases: 2
Active Supply: 0 units
209 Total SuitesBuilding Comps
Hemispheres II

131 Torresdale Ave

$3,850
avg leased
Leased $/SF: $6.66/SF
Days on Market: 24d
Closed Leases: 2
Active Supply: 0 units
172 Total SuitesBuilding Comps
Bayview Mansions I

2 Clairtrell Rd

$2,190
avg leased
Leased $/SF: $3.67/SF
Days on Market: 64d
Closed Leases: 2
Active Supply: 0 units
134 Total SuitesBuilding Comps
The Primrose III

1131 Steeles Ave W

$2,700
avg leased
Leased $/SF: $2.70/SF
Days on Market: 16d
Closed Leases: 1
Active Supply: 0 units
194 Total SuitesBuilding Comps
Hemispheres I

133 Torresdale Ave

$3,200
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
195 Total SuitesBuilding Comps
Pavilion Del Sol

5 Kenneth Ave

$3,600
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
140 Total SuitesBuilding Comps
The Primrose II

1121 Steeles Ave W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
219 Total SuitesBuilding Comps
Belvedere at the Primrose

1111 Steeles Ave W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
213 Total SuitesBuilding Comps
Courtland A

1201 Steeles Ave W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
111 Total SuitesBuilding Comps
Courtland B

90 Fisherville Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
111 Total SuitesBuilding Comps
777 Steeles West

777 Steeles Ave W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
72 Total SuitesBuilding Comps
Hycrest Residences

1 Hycrest Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
70 Total SuitesBuilding Comps
222 Finch Ave West

222 Finch Ave W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
27 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 Willowdale.

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.

Willowdale Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Willowdale

Willowdale is an established residential submarket within North York, comprising 19 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 Willowdale 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 Willowdale 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 Willowdale is currently $2,736/month ($3.74/SF), with an average leasing velocity of 31 Days on Market. Compared to the overall North York municipal benchmark ($2,573/month), Willowdale trades at a 6% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Bayview Mansions I ($2,190/mo) to Hemispheres II ($3,850/mo).

Currently across Willowdale's 19 tracked multi-family properties, there are 6 active rental listings with an average asking rent of $2,908/month ($3.38/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,736/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 Willowdale to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 31 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 $2,736/mo, each day of vacancy costs $91/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 Willowdale to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Willowdale's 19 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

Willowdale Rental Market & Leasing FAQs

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

Based on lease transactions tracked by FastScreen in August 2026 across 19 tracked condominium and apartment buildings in Willowdale, realized rents by unit layout average:

  • Studio / Bachelor:$1,860/mo($4.04/SF · 460 SF)
    +$110 vs North York avg
  • 1-Bedroom:$2,250/mo($3.86/SF · 583 SF)
    +$140 vs North York avg
  • 1-Bedroom + Den:$2,500/mo($3.33/SF · 750 SF)
    +$210 vs North York avg
  • 2-Bedroom:$2,900/mo($3.87/SF · 750 SF)
    +$70 vs North York avg
  • 2-Bedroom + Den:$3,500/mo($3.68/SF · 951 SF)
    +$412 vs North York avg
  • 3-Bedroom+:$4,104/mo($3.48/SF · 1180 SF)
    +$244 vs North York avg

Overall market leasing across all unit layouts averaged $2,736/month ($3.74/SF) with an average of 31 Days on Market. Active rental listings currently average $2,908/month ($3.38/SF) for an average unit size of 917 SF.

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