Parkdale Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 19 tracked properties across Parkdale, Toronto.
Parkdale Rental Market Overview
As of late summer 2026, the rental market in Parkdale—situated within Toronto's M6K postal forwarding sector—presents a balanced yet dynamic leasing environment characterized by steady transaction velocity. Across 19 tracked buildings, the submarket recorded an average realized rent of $2,771 per month based on 7 closed leases over the trailing 30 days, alongside 11 active listings currently available on the market. Parkdale's realized monthly average closely aligns with the broader Toronto municipal benchmark of $2,766, reflecting a nominal spread of just $5 (0.18%). Active inventory is predominantly anchored by 1-bedroom and 1-bedroom plus den configurations, which collectively make up the bulk of current available suites.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Parkdale
Closed Leases
Transactions that closed in August 2026 across Parkdale
Parkdale Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Parkdale Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Parkdale, Toronto.
| Action | |||||
|---|---|---|---|---|---|
XO Condos 270 Dufferin St | $2,100/mo | $4.16/SF | 4leases | 5units | Comps |
Maddox Tyndall 115-135 Tyndall Avenue | $2,370/mo | $3.65/SF | 1lease | 3units | Comps |
383 Sorauren 383 Sorauren Ave | $5,900/mo | $5.36/SF | 1lease | 2units | Comps |
57 Brock 57 Brock Ave | $2,595/mo | $3.99/SF | 1lease | 1unit | Comps |
Q Loft 1205 Queen St W | $4,000/mo | $6.67/SF | 1lease | 1unit | Comps |
Howard Park 2 38 Howard Park Ave | $3,450/mo | $4.59/SF | 1lease | 0units | Comps |
Howard Park 24-36 Howard Park Ave | $3,850/mo | $4.53/SF | 1lease | 0units | Comps |
Robert Watson Lofts - New 369 Sorauren Ave | $3,200/mo | $4.27/SF | 1lease | 0units | Comps |
1371 King Street W 1371 King Street W | $1,250/mo | $3.13/SF | 1lease | 0units | Comps |
320 Roncesvalles Avenue 320 Roncesvalles Avenue | $2,300/mo | $5.75/SF | 1lease | 0units | Comps |
Roncesvalles Lofts 25 Ritchie Ave | $2,500(ask) | $4.55 (ask) | 0leases | 1unit | Comps |
1a Elm Grove Avenue 1a Elm Grove Avenue | $1,600(ask) | $4.00 (ask) | 0leases | 1unit | Comps |
Tyndall Tower 118 Tyndall Avenue | — | — | 0leases | 0units | Comps |
High Park Lofts 437 Roncesvalles Ave | — | — | 0leases | 0units | Comps |
Noble Court 24 Noble St | — | — | 0leases | 0units | Comps |
Robert Watson Lofts - Vintage 363 Sorauren Ave | — | — | 0leases | 0units | Comps |
The Lofts 347 Sorauren Ave | — | — | 0leases | 0units | Comps |
Feather Factory Lofts 2154 Dundas St W | — | — | 0leases | 0units | Comps |
Brock Lofts 27 Brock Ave | — | — | 0leases | 0units | Comps |
270 Dufferin St
115-135 Tyndall Avenue
383 Sorauren Ave
57 Brock Ave
1205 Queen St W
38 Howard Park Ave
24-36 Howard Park Ave
369 Sorauren Ave
1371 King Street W
320 Roncesvalles Avenue
25 Ritchie Ave
1a Elm Grove Avenue
118 Tyndall Avenue
437 Roncesvalles Ave
24 Noble St
363 Sorauren Ave
347 Sorauren Ave
2154 Dundas St W
27 Brock Ave
Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Parkdale.
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.
Parkdale Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Parkdale
As of late summer 2026, the rental market in Parkdale—situated within Toronto's M6K postal forwarding sector—presents a balanced yet dynamic leasing environment characterized by steady transaction velocity. Across 19 tracked buildings, the submarket recorded an average realized rent of $2,771 per month based on 7 closed leases over the trailing 30 days, alongside 11 active listings currently available on the market. Parkdale's realized monthly average closely aligns with the broader Toronto municipal benchmark of $2,766, reflecting a nominal spread of just $5 (0.18%). Active inventory is predominantly anchored by 1-bedroom and 1-bedroom plus den configurations, which collectively make up the bulk of current available suites.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Parkdale is currently $2,749/month ($4.20/SF), with an average leasing velocity of 23 Days on Market. Compared to the overall Toronto municipal benchmark ($2,811/month), Parkdale trades at a 2% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from 1371 King Street W ($1,250/mo) to 383 Sorauren ($5,900/mo).
Month Over Month Trends
Month-over-month figures show an adjustment in average realized lease prices, shifting by -$107 (-3.72%) compared to the prior 30-day window where 15 closed leases averaged $2,878. This short-term variation reflects normal monthly shifts in the specific mix of bedroom layouts and building tiers executing in the closed sample rather than a broader structural correction.
Longer Term Trends & Rental Dispersion
Over the mid-term and all-time tracking periods, Parkdale maintains consistent pricing baselines, with 90-day realized averages sitting at $2,711 per month and all-time baseline figures holding at $2,615 per month. Price dispersion across the submarket spans from a minimum of $1,250 to a maximum of $5,900, with a submarket median rent of $2,400. The middle 50% of the market—defined by the interquartile range between the 25th percentile at $2,050 and the 75th percentile at $2,950—demonstrates a well-defined spread between entry-level private units and executive-tier developments like 383 Sorauren.
Currently across Parkdale's 19 tracked multi-family properties, there are 14 active rental listings with an average asking rent of $2,488/month ($4.25/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,749/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective renters searching in Parkdale should expect the middle 50% of the market to range between $2,050 and $2,950 per month. Stepping up from a standard 1-bedroom layout (averaging $2,266 over 180 days) to a 2-bedroom suite (averaging $3,617) involves a rent step-up of $1,351 (59.62%) for an additional 182 square feet of living space. Properties typically lease within 23 days, requiring applicants to prepare documentation promptly. Renters should note that securing a reserved parking stall commands a notable premium, with verified unbundled lease comps showing significant additional monthly costs depending on the building.
For Landlords
Landlords and condo investors operating in Parkdale should price units in close alignment with recent realized lease benchmarks rather than aspirational targets. With active listings averaging $2,685 against closed leases averaging $2,771, the market demonstrates an asking-to-realized spread of -$86 per month. Properties priced within the middle 50% dispersion band (between $2,050 and $2,950) absorb efficiently in line with the 23-day average market duration, while over-priced inventory risks extended vacancy beyond municipal norms.
For Realtors
Real estate professionals representing clients in Parkdale will find a healthy multi-residential leasing ecosystem backed by 19 tracked developments in postal area M6K. With an absorption rate of 38.9% and a 23-day average days-on-market timeline, agents should advise clients to manage list-to-lease expectations carefully. Monitoring asking-versus-realized spreads across 1-bedroom and 2-bedroom layouts provides a tactical advantage in negotiating lease terms in this submarket.
Parkdale Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Parkdale, Toronto
What is the average rent for a condominium or apartment in Parkdale, Toronto?
Parkdale's average realized lease price is $2,771 per month ($4.23/sqft), based on 7 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the submarket leases between $2,050 and $2,950 per month (median rent of $2,400), closely mirroring the broader Toronto municipal average of $2,766 per month.
How much is a 1-bedroom apartment in Parkdale?
The average rent for a 1-bedroom apartment in Parkdale, Toronto is $2,266 per month ($4.35/sqft) based on 180-day data, while 1-bedroom plus den suites average $2,388 per month ($4.04/sqft). Most standard 1-bedroom units lease between $1,988 (25th percentile) and $2,355 (75th percentile) per month, with an average size of 535 square feet.
How much is a 2-bedroom apartment in Parkdale?
The average rent for a 2-bedroom apartment in Parkdale, Toronto is $3,617 per month ($5.25/sqft) based on 180-day data, while 2-bedroom plus den suites average $3,100 per month ($3.66/sqft). Most 2-bedroom units lease between $2,950 (25th percentile) and $4,000 (75th percentile) per month, representing an average rent step-up of $1,351 over 1-bedroom configurations.
How much is a 3-bedroom apartment in Parkdale?
Three-bedroom apartment rentals in Parkdale represent a highly scarce inventory segment, averaging $3,500 per month ($3.68/sqft) across 3 closed transactions with an average size of 950 square feet. 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 Parkdale?
Within Parkdale, 383 Sorauren commands the highest average lease rate at approximately $3,863 per month across tracked transactions, while entry-level private transactions across tracked submarket inventory start around $1,250 per month.
How does rent in Parkdale compare to the overall Toronto average?
Parkdale rents average $2,771 per month, which is higher than the overall Toronto average of $2,766 per month (a spread of $5 or 0.18%). Properties in Parkdale spend an average of 23 days on the market—leasing 1 day slower than the broader Toronto municipal benchmark of 22 days.
What are the postal code FSAs for Parkdale?
Condo and apartment rentals in Parkdale primarily fall within postal forward sortation areas (FSAs) such as M6K.
How fast do rental units lease in Parkdale (Days on Market)?
Rental listings in Parkdale spend an average of 23 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 1 day slower than the broader Toronto municipal benchmark of 22 days.
How should landlords price their rental listings in Parkdale to avoid vacancy loss?
With active listings averaging $2,685 against closed leases at $2,771—an asking-to-realized spread of -$86 per month—landlords should align their asking rents closely with recent closed transaction benchmarks rather than overreaching, thereby avoiding extended vacancy beyond the 23-day submarket average.
How much more will a unit with a parking spot in Parkdale rent for versus a unit without one?
Reserved parking in Parkdale adds an estimated $600 to $879 per month to rental rates based on verified unbundled lease comps across 1-bedroom, 1-bedroom plus den, and multi-bedroom layouts.
Are parking spaces, lockers, and utilities included in Parkdale rents?
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.
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