Junction Apartments for Rent & Condo Comps

Junction's average realized lease price is $2,393 per month ($3.76 per square foot), based on 24 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from a 25th percentile rent of $2,000 per month to a 75th percentile rent of $2,475 per month, with an overall median rent of $2,200 per month. This places Junction rents at a 13.49% discount compared to the broader Toronto municipal average of $2,766 per month.

The average rent for a 1-bedroom apartment in Junction, Toronto is $2,087 per month ($3.89 per square foot) based on 30-day data, while 1-bedroom plus den suites average $2,210 per month based on trailing 30-day lease comps. Most standard 1-bedroom units lease between $1,900 (25th percentile) and $2,100 (75th percentile) per month, with an average unit size of 545 square feet across 180-day tracking.

The average rent for a 2-bedroom apartment in Junction, Toronto is $2,560 per month ($3.54 per square foot) based on trailing 30-day data, while 2-bedroom plus den suites average $3,179 per month. Standard 2-bedroom units lease within a middle 50% range of $2,400 to $2,694 per month, representing an average monthly rent step-up of $616 and an additional 179 square feet when stepping up from a 1-bedroom layout.

Three-bedroom apartment rentals in Junction 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, noting that active family-sized inventory averages $5,550 per month across roughly 1,300 square feet.

Within Junction, Victoria Lofts commands the highest average lease rate at approximately $3,950 per month, while entry-level private transactions across tracked submarket inventory start around $1,671 per month at The Crossways - Phase 1.

Junction rents average $2,393 per month, which is lower than the overall Toronto average of $2,766 per month (a spread of $373 or 13.49%). Properties in Junction spend an average of 30 days on the market—leasing 8 days slower than the broader Toronto municipal benchmark of 22 days.

Condo and apartment rentals in Junction primarily fall within postal forward sortation areas (FSAs) such as M6H.

Rental listings in Junction spend an average of 30 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 8 days slower than the broader Toronto municipal benchmark of 22 days.

With active listings averaging $2,848 per month against closed leases at $2,393 per month—an asking-to-realized spread of $455 per month—landlords in Junction should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy extending past the submarket average of 30 days.

Reserved parking in Junction adds an estimated $190 to $461 per month across 1-bedroom and 2-bedroom rental layouts, respectively, based on verified unbundled lease comps.

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.