Toronto East Apartments for Rent & Condo Comps

Toronto East's average realized lease price is $2,539 per month ($4.02/sqft), based on 56 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market ranges between $2,090 (25th percentile) and $2,750 (75th percentile) per month, positioning submarket rents at an 8.21% discount compared to the broader Toronto municipal average of $2,766 per month.

The average rent for a 1-bedroom apartment in Toronto East, Toronto is $2,130 per month ($4.21/sqft), while 1-bedroom plus den suites average $2,341 per month ($3.89/sqft), based on 180-day historical transaction data. Most 1-bedroom units lease between $1,950 (25th percentile) and $2,250 (75th percentile) per month, with an average size of 525 square feet.

The average rent for a 2-bedroom apartment in Toronto East, Toronto is $2,934 per month ($3.91/sqft), while 2-bedroom plus den suites average $3,216 per month ($3.53/sqft), based on 180-day historical transaction data. Most 2-bedroom units lease between $2,600 (25th percentile) and $3,085 (75th percentile) per month, with an average size of 771 square feet—representing an average rent step-up of $804 and 246 additional square feet compared to 1-bedroom layouts.

The average rent for a 3-bedroom apartment in Toronto East, Toronto is $3,414 per month ($3.78/sqft), based on 180-day historical transaction data across 21 closed leases. Three-bedroom apartment rentals in Toronto East represent a scarce inventory segment with an average size of 905 square feet, with most units leasing between $3,250 (25th percentile) and $3,450 (75th percentile) per month.

Within Toronto East, Izone commands the highest average lease rate at approximately $6,000 per month, while entry-level private transactions across tracked submarket inventory start at $1,545 per month at The Glen.

Toronto East rents average $2,539 per month, which is lower than the overall Toronto average of $2,766 per month (a spread of $227 or 8.21%). Properties in Toronto East spend an average of 24 days on the market—leasing 2 days slower than the broader Toronto municipal benchmark of 22 days.

Condo and apartment rentals in Toronto East primarily fall within postal forward sortation areas (FSAs) such as M4C.

Rental listings in Toronto East spend an average of 24 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 2 days slower than the broader Toronto municipal benchmark of 22 days.

With active listings averaging $2,678 against closed leases settling at $2,539—an asking-to-realized spread of $139 per month—landlords should align asking prices with recent closed lease benchmarks rather than aspirational targets to prevent vacancy from extending past the submarket average of 24 days.

Reserved parking in Toronto East adds an estimated $330 to $437 per month across 1-bedroom and 2-bedroom rental rates, 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.