Entertainment District Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 51 tracked properties across Entertainment District, Toronto.
Entertainment District Rental Market Overview
As one of Toronto's most high-speed urban rental markets, the Entertainment District submarket within postal area M5H exhibits rapid turnover and fierce leasing competition. Through the end of August 2026, the area records an average realized rent of $2,786 per month across 197 closed leases over the trailing 30 days, operating alongside 159 active listings currently on the market. Realized rents in the Entertainment District sit virtually neck-and-neck with the broader Toronto municipal average of $2,766 per month, representing a minimal variance of just $20 or 0.72%. Across 51 tracked residential buildings, 1-bedroom configurations dominate transaction volume, maintaining steady activity while studio, multi-bedroom, and den suites capture specialized tenant segments.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Entertainment District
Closed Leases
Transactions that closed in August 2026 across Entertainment District
Entertainment District Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Entertainment District Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Entertainment District, Toronto.
| Action | |||||
|---|---|---|---|---|---|
No. 55 Mercer 55 Mercer St | $2,890/mo | $4.65/SF | 13leases | 8units | Comps |
Theatre District 8 Widmer St | $2,581/mo | $4.53/SF | 13leases | 4units | Comps |
Nobu Residences 15 & 35 Mercer St | $2,938/mo | $4.65/SF | 12leases | 10units | Comps |
87 Peter 87 Peter St | $2,367/mo | $4.85/SF | 12leases | 6units | Comps |
King Blue - South Tower 115 Blue Jays Way | $2,355/mo | $4.36/SF | 11leases | 7units | Comps |
Fly Condominiums 352 Front St W | $2,634/mo | $4.18/SF | 11leases | 2units | Comps |
Picasso 318 Richmond St W | $2,488/mo | $4.27/SF | 9leases | 5units | Comps |
on Adelaide 295 Adelaide St W | $2,681/mo | $4.33/SF | 8leases | 9units | Comps |
330 Richmond 330 Richmond St W | $2,396/mo | $4.35/SF | 7leases | 9units | Comps |
King Blue - King Tower 125 Blue Jays Way | $3,386/mo | $4.35/SF | 7leases | 3units | Comps |
The Bond 290 Adelaide St W | $2,886/mo | $4.52/SF | 7leases | 3units | Comps |
Boutique Condos II 126 Simcoe St | $2,814/mo | $4.28/SF | 7leases | 3units | Comps |
Central Condos 38 Widmer St | $3,867/mo | $4.67/SF | 6leases | 8units | Comps |
Maverick 327 King St W | $2,558/mo | $4.66/SF | 6leases | 6units | Comps |
Cinema Tower 21 Widmer St | $2,842/mo | $4.25/SF | 6leases | 5units | Comps |
The PJ Condos 99 John St | $3,118/mo | $4.71/SF | 6leases | 5units | Comps |
M5V Condominiums 375 King St W | $2,650/mo | $4.23/SF | 6leases | 3units | Comps |
Bisha 88 Blue Jays Way | $3,070/mo | $4.88/SF | 5leases | 10units | Comps |
Studio 2 30 Nelson St | $3,250/mo | $4.33/SF | 5leases | 3units | Comps |
Festival Tower 80 John St | $3,488/mo | $4.48/SF | 5leases | 3units | Comps |
Encore at Theatre District 28 Widmer St | $2,780/mo | $4.29/SF | 5leases | 2units | Comps |
357 King West 357 King St W | $2,313/mo | $4.20/SF | 4leases | 5units | Comps |
Charlie 8 Charlotte St | $2,675/mo | $4.22/SF | 4leases | 4units | Comps |
Boutique Condos I 21 Nelson St | $2,150/mo | $4.52/SF | 4leases | 2units | Comps |
Studio 199 Richmond St W | $2,475/mo | $4.31/SF | 4leases | 2units | Comps |
Tableau Condominiums 125 Peter St | $2,563/mo | $4.58/SF | 4leases | 1unit | Comps |
The Icon I 270 Wellington St W | $2,567/mo | $3.95/SF | 3leases | 3units | Comps |
Smart House 215 Queen St W | $2,533/mo | $4.49/SF | 3leases | 0units | Comps |
Peter Street Condos 101 Peter St | $3,225/mo | $4.61/SF | 2leases | 6units | Comps |
The Icon II 250 Wellington St W | $2,475/mo | $4.50/SF | 2leases | 5units | Comps |
Theatre Park 224 King St W | $2,875/mo | $4.60/SF | 2leases | 5units | Comps |
Gläs 25 Oxley St | $2,600/mo | $4.46/SF | 2leases | 2units | Comps |
The Rosemont Residences 50 John Street | $2,798/mo | $3.66/SF | 2leases | 0units | Comps |
263 Wellington West 263 Wellington St W | $3,100/mo | $3.44/SF | 2leases | 0units | Comps |
Element 20 Blue Jays Way | $2,500/mo | $3.85/SF | 1lease | 8units | Comps |
Three Hundred 300 Front St W | $9,000/mo | $5.29/SF | 1lease | 6units | Comps |
The Mercer 8 Mercer St | $2,300/mo | $4.04/SF | 1lease | 6units | Comps |
Soho Grand I 36 Blue Jays Way | $3,795/mo | $3.45/SF | 1lease | 5units | Comps |
King Charlotte 11 Charlotte St | $4,600/mo | $4.84/SF | 1lease | 4units | Comps |
University 140 Simcoe St | $2,100/mo | $5.25/SF | 1lease | 3units | Comps |
Residences 183 Wellington St W | $9,000/mo | $6.00/SF | 1lease | 1unit | Comps |
Hudson 438 King St W | $3,500/mo | $4.67/SF | 1lease | 0units | Comps |
Qwest 168 Simcoe St | $2,500/mo | $4.55/SF | 1lease | 0units | Comps |
District Lofts 388 Richmond St W | $4,000/mo | $4.21/SF | 1lease | 0units | Comps |
Soho Grand II 350 Wellington St W | $2,100/mo | $3.82/SF | 1lease | 0units | Comps |
Peter + Adelaide 108 Peter St | $7,650(ask) | $8.05 (ask) | 0leases | 1unit | Comps |
The Taylor 57 Spadina Avenue | $3,374(ask) | $5.55 (ask) | 0leases | 1unit | Comps |
M5V Condos 100 Mercer Street | — | — | 0leases | 0units | Comps |
393 on King West 393 King St W | — | — | 0leases | 0units | Comps |
The Charlotte 36 Charlotte St | — | — | 0leases | 0units | Comps |
261 Queen Street W 261 Queen Street W | — | — | 0leases | 0units | Comps |
55 Mercer St
8 Widmer St
15 & 35 Mercer St
87 Peter St
115 Blue Jays Way
352 Front St W
318 Richmond St W
295 Adelaide St W
330 Richmond St W
125 Blue Jays Way
290 Adelaide St W
126 Simcoe St
38 Widmer St
327 King St W
21 Widmer St
99 John St
375 King St W
88 Blue Jays Way
30 Nelson St
80 John St
28 Widmer St
357 King St W
8 Charlotte St
21 Nelson St
199 Richmond St W
125 Peter St
270 Wellington St W
215 Queen St W
101 Peter St
250 Wellington St W
224 King St W
25 Oxley St
50 John Street
263 Wellington St W
20 Blue Jays Way
300 Front St W
8 Mercer St
36 Blue Jays Way
11 Charlotte St
140 Simcoe St
183 Wellington St W
438 King St W
168 Simcoe St
388 Richmond St W
350 Wellington St W
108 Peter St
57 Spadina Avenue
100 Mercer Street
393 King St W
36 Charlotte St
261 Queen Street W
Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Entertainment District.
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.
Entertainment District Rental Market Dynamics & Local Yield Trends
Toronto's Dynamic Cultural, Hospitality & Tech Creative Corridor
As one of Toronto's most high-speed urban rental markets, the Entertainment District submarket within postal area M5H exhibits rapid turnover and fierce leasing competition. Through the end of August 2026, the area records an average realized rent of $2,786 per month across 197 closed leases over the trailing 30 days, operating alongside 159 active listings currently on the market. Realized rents in the Entertainment District sit virtually neck-and-neck with the broader Toronto municipal average of $2,766 per month, representing a minimal variance of just $20 or 0.72%. Across 51 tracked residential buildings, 1-bedroom configurations dominate transaction volume, maintaining steady activity while studio, multi-bedroom, and den suites capture specialized tenant segments.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Entertainment District is currently $2,803/month ($4.45/SF), with an average leasing velocity of 18 Days on Market. Compared to the overall Toronto municipal benchmark ($2,811/month), Entertainment District trades at a 0% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Soho Grand II ($2,100/mo) to Three Hundred ($9,000/mo).
Month Over Month Trends
Month-over-month pricing shows steady stability, with average realized rents edging upward by $14 or 0.51% compared to the prior 30-day window, where 252 closed leases averaged $2,772 per month. This modest short-term adjustment stems from minor shifts in the mix of closed bedroom layouts and seasonal leasing volume rather than structural price volatility across the M5H postal sector.
Longer Term Trends & Rental Dispersion
Mid-term and historical baselines confirm a stable pricing plateau, with 90-day realized averages resting at $2,729 per month and all-time baseline metrics standing at $2,763 per month across 926 historical leases. Overall rent dispersion across the submarket illustrates a wide spectrum of housing choices: the middle 50% of the market spans from a 25th percentile rent of $2,250 to a 75th percentile rent of $3,100, anchored by a median rent of $2,500. Absolute extremes range from an accessible entry-level low of $1,480 to luxury penthouse highs of $20,000 per month.
Currently across Entertainment District's 51 tracked multi-family properties, there are 184 active rental listings with an average asking rent of $3,253/month ($5.04/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,803/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective tenants targeting the Entertainment District should prepare for a fast-moving leasing environment where desirable suites rarely linger. Renters can expect the middle 50% of the market to range between $2,250 and $3,100 per month. Stepping up from a standard 1-bedroom (averaging $2,331) to a 2-bedroom layout (averaging $3,368) requires an average monthly rent step-up of $1,037 or 44.49%, delivering an additional 244 square feet of living space. With properties leasing in an average of 19 days—outpacing the wider city—applicants should have documentation and deposits ready immediately upon viewing.
For Landlords
Landlords and condo investors operating in the Entertainment District must navigate a notable gap between aspirational asking prices and closed transaction realities. Active listings average $3,471 per month, whereas closed leases average $2,786 per month, representing an asking-to-realized spread of $685 across the submarket. To prevent vacancy from stretching past the submarket average of 19 days, owners should anchor pricing strategies closely to recent realized comps within the middle 50% dispersion band rather than over-indexing on peak asking figures.
For Realtors
Real Estate professionals representing clients in the Entertainment District must manage client expectations around list-to-lease spreads and inventory liquidity. With 51 tracked buildings generating robust turnover and a 55.3% absorption rate, agents must advise landlord clients to price competitively against the $4.43 per square foot 30-day realized benchmark. For tenant clients, swift action is paramount; properties in M5H lease 3 days faster than the broader Toronto municipal average, requiring clean, prepared offers to secure prime 1-bedroom and 2-bedroom inventory.
Entertainment District Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Entertainment District, Toronto
What is the average rent for a condominium or apartment in Entertainment District, Toronto?
The Entertainment District's average realized lease price is $2,786 per month ($4.43/sqft), based on 197 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from $2,250 to $3,100 per month, aligning closely with the broader Toronto municipal average of $2,766 per month.
How much is a 1-bedroom apartment in Entertainment District?
The average rent for a 1-bedroom apartment in the Entertainment District, Toronto is $2,342 per month ($4.52/sqft) based on 30-day data, while 1-bedroom plus den suites average $2,611 per month. Most 1-bedroom units lease between $2,200 (25th percentile) and $2,400 (75th percentile) per month, with an average size of 524 square feet.
How much is a 2-bedroom apartment in Entertainment District?
The average rent for a 2-bedroom apartment in the Entertainment District, Toronto is $3,215 per month ($4.35/sqft) based on 30-day data, while 2-bedroom plus den suites average $3,500 per month over the same 30-day window. Most 2-bedroom units lease between $2,950 (25th percentile) and $3,450 (75th percentile) per month, requiring an average monthly rent step-up of $1,037 and gaining 244 square feet compared to standard 1-bedroom layouts.
How much is a 3-bedroom apartment in Entertainment District?
The average rent for a 3-bedroom apartment in the Entertainment District, Toronto is $4,782 per month ($4.43/sqft), based on trailing 30-day data ending August 31, 2026. Three-bedroom and larger apartment rentals represent a scarce inventory segment in this downtown core, averaging 963 square feet across historical leases.
What are the most affordable and premium condo and apartment buildings in Entertainment District?
Within the Entertainment District, Residences commands the highest average lease rate at approximately $11,550 per month, while King Blue - South Tower offers the most accessible entry point among tracked buildings at around $2,147 per month.
How does rent in Entertainment District compare to the overall Toronto average?
The Entertainment District rents average $2,786 per month, which is higher than the overall Toronto average of $2,766 per month, representing a variance of $20 or 0.72%. Properties in the Entertainment District spend an average of 19 days on the market—leasing 3 days faster than the broader Toronto municipal benchmark of 22 days.
What are the postal code FSAs for Entertainment District?
Condo and apartment rentals in the Entertainment District primarily fall within postal forward sortation areas (FSAs) such as M5H.
How fast do rental units lease in Entertainment District (Days on Market)?
Rental listings in the Entertainment District spend an average of 19 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 3 days faster than the broader Toronto municipal benchmark of 22 days.
How should landlords price their rental listings in Entertainment District to avoid vacancy loss?
With active listings averaging $3,471 against closed leases at $2,786—an asking-to-realized spread of $685 per month—landlords in the Entertainment District should align their pricing strategy with recent closed lease benchmarks rather than aspirational asking rates to prevent vacancies from exceeding the submarket average of 19 days.
How much more will a unit with a parking spot in Entertainment District rent for versus a unit without one?
Reserved parking in the Entertainment District adds an estimated $259 to $770 per month across 1-bedroom and 2-bedroom unbundled lease comps, based on verified historical transaction data.
Are parking spaces, lockers, and utilities included in Entertainment District 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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