What is the average rent for a condominium or apartment in Don Mills, Toronto?

Based on lease transactions tracked by FastScreen in August 2026 across 17 tracked condominium and apartment buildings in Don Mills, realized rents by unit layout average: • Studio / Bachelor: $1,615/month ($3.51/SF · 460 SF) · -$269 (-14.3%) vs Toronto avg • 1-Bedroom: $2,000/month ($4.09/SF · 507 SF) · -$271 (-11.9%) vs Toronto avg • 1-Bedroom + Den: $2,275/month ($3.53/SF · 650 SF) · -$190 (-7.7%) vs Toronto avg • 2-Bedroom: $2,478/month ($3.19/SF · 790 SF) · -$569 (-18.7%) vs Toronto avg • 2-Bedroom + Den: $2,850/month ($3.03/SF · 940 SF) · -$474 (-14.3%) vs Toronto avg • 3-Bedroom+: $2,860/month ($2.45/SF · 1167 SF) · -$1,295 (-31.2%) vs Toronto avg Overall market leasing across all unit layouts averaged $2,375/month ($3.37/SF), with an average of 29 Days on Market. Active rental listings currently average $2,547/month ($3.01/SF) for an average unit size of 854 SF.

What are the most affordable and premium condo and apartment buildings in Don Mills?

In Don Mills, 75 Graydon Hall Condos represents a top-tier premium building with an average lease rate of $3,300/month ($2.54/SF). Conversely, Milo Park Garden offers more accessible pricing, averaging $1,890/month ($2.52/SF). Pricing varies based on building vintage, interior finishes, suite square footage, and amenity offerings.

What are the postal code FSAs for Don Mills?

FastScreen tracks verified condominium and apartment listings and closed lease transactions across Don Mills's primary postal code Forward Sortation Areas (FSAs): M1R, M3A, M3C, M4A. These postal districts encompass 17 tracked multi-family properties throughout Toronto.

How fast do rental units lease in Don Mills (Days on Market)?

The average Days on Market (DOM) for realized leases in Don Mills is 29 days. Well-priced 1-bedroom and 2-bedroom units located within short walking distance of rapid transit and retail corridors typically execute binding lease agreements within 14 to 21 days, whereas units priced above prevailing closed comps can remain on market for 35+ days.

How should landlords price their rental listings in Don Mills to avoid vacancy loss?

Landlords in Don Mills should benchmark initial asking rents against verified 30-day closed lease comps rather than peak active listings. At an average rent of $2,375/month, each day of vacancy costs $79 in lost gross revenue. Overpricing a suite by $100/month and sitting vacant for 30 additional days costs $2,375, which takes 24 months of collecting that higher rent just to break even.

What key features should landlords and realtors highlight when marketing a Don Mills rental property?

When marketing a condominium or apartment rental in Don Mills, realtors and landlords should emphasize: (1) Immediate walking proximity to rapid transit (subway, GO stations, LRT, or express bus hubs); (2) Dedicated underground parking stalls and storage lockers, which command substantial tenant demand; (3) Functional work-from-home layouts, such as enclosed dens or solariums; (4) High-value building amenities including 24/7 concierge, state-of-the-art fitness centres, and guest suites; and (5) Specific utility inclusions (e.g. heating, water, or high-speed internet).

Toronto Submarket Hub

Don Mills Rental Comps & Market Trends

Name: Don Mills, Toronto Rental Market Intelligence & Lease Benchmark Dataset
Creator: FastScreen

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 17 tracked properties across Don Mills, Toronto.

Postal Codes Covered:M1R, M3A, M3C, M4A

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Don Mills

Active Listings

14units

Across 17 buildings

Average Asking Rent

$2,547/mo

+1.2% Asking Trend

Average Unit Size

854SF

Asking layout average

Average Asking / SF

$3.01/SF

Current asking rate

Average Days on Market

67days

Active listing age

Closed Leases

Transactions that closed in August 2026 across Don Mills

Units Leased

24closed

Executed transactions

Average Leased Rent

$2,375/mo

+4.9% MoM Delta

Average Leased SF

743SF

Executed size average

Average Leased / SF

$3.37/SF

Realized per-foot rate

Average Days on Market

29days

Days to execute lease

Don Mills Rental Rates by Unit Layout

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

Studio / Bachelor

$1,615/mo

$3.51/SF · 460 SF

-$269 vs Toronto

1-Bedroom

$2,000/mo

$4.09/SF · 507 SF

-$271 vs Toronto

1-Bedroom + Den

$2,275/mo

$3.53/SF · 650 SF

-$190 vs Toronto

2-Bedroom

$2,478/mo

$3.19/SF · 790 SF

-$569 vs Toronto

2-Bedroom + Den

$2,850/mo

$3.03/SF · 940 SF

-$474 vs Toronto

3-Bedroom+

$2,860/mo

$2.45/SF · 1167 SF

-$1,295 vs Toronto

Don Mills Tracked Buildings & Lease Comps

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

							Action
One Crosstown 1 Quarrington Lane	$2,493/mo	$3.62/SF	7leases	24days	1unit	687suites	Comps
One Crosstown 5 Quarrington Lane	$2,175/mo	$4.00/SF	6leases	34days	3units	485suites	Comps
Graydon Hall Apartments 50 Graydon Hall Drive	$2,445/mo	$2.38/SF	4leases	50days	0units	304suites	Comps
The Crest 1 Kyle Lowry Road	$2,150/mo	$3.32/SF	4leases	16days	0units	191suites	Comps
Graydon Hall Apartments 100 Graydon Hall Drive	$2,225/mo	$2.62/SF	1lease	51days	3units	286suites	Comps
Victoria Town 10 Sunrise Avenue	$2,600/mo	$3.47/SF	1lease	10days	2units	144suites	Comps
Milo Park Garden 1780 Victoria Park Avenue	$1,890/mo	$2.52/SF	1lease	48days	1unit	83suites	Comps
100 & 105 Rowena 100 Rowena Drive	$2,060/mo	$2.75/SF	1lease	67days	0units	278suites	Comps
75 Graydon Hall Condos 75 Graydon Hall Drive	$3,300/mo	$2.54/SF	1lease	11days	0units	197suites	Comps
1002 Lawrence East 1002 Lawrence Avenue East	$1,900/mo	$2.92/SF	1lease	30days	0units	77suites	Comps
Don Valley Suites 71 Jonesville Crescent	$2,500/mo	$2.27/SF	1lease	7days	0units	—	Comps
Rowena Apartments 105 Rowena Drive	$2,300(ask)	$2.42 (ask)	0leases	—	1unit	278suites	Comps
Venetian Towers 57 Parkwoods Village Drive	$2,250(ask)	$2.37 (ask)	0leases	—	1unit	87suites	Comps
Brookbanks 17 Brookbanks Drive	$2,350(ask)	$3.13 (ask)	0leases	—	1unit	44suites	Comps
160 The Donway West 160 The Donway West	$2,550(ask)	$2.68 (ask)	0leases	—	1unit	—	Comps
1801-1815 O'Connor Condos 1815 OConnor Drive	—	—	0leases	—	0units	111suites	Comps
1780 Lawrence Avenue E 1780 Lawrence Avenue E	—	—	0leases	—	0units	40suites	Comps

One Crosstown

1 Quarrington Lane

$2,493

avg leased

Leased $/SF: $3.62/SF

Days on Market: 24d

Closed Leases: 7

Active Supply: 1 units

687 Total SuitesBuilding Comps

One Crosstown

5 Quarrington Lane

$2,175

avg leased

Leased $/SF: $4.00/SF

Days on Market: 34d

Closed Leases: 6

Active Supply: 3 units

485 Total SuitesBuilding Comps

Graydon Hall Apartments

50 Graydon Hall Drive

$2,445

avg leased

Leased $/SF: $2.38/SF

Days on Market: 50d

Closed Leases: 4

Active Supply: 0 units

304 Total SuitesBuilding Comps

The Crest

1 Kyle Lowry Road

$2,150

avg leased

Leased $/SF: $3.32/SF

Days on Market: 16d

Closed Leases: 4

Active Supply: 0 units

191 Total SuitesBuilding Comps

Graydon Hall Apartments

100 Graydon Hall Drive

$2,225

avg leased

Leased $/SF: $2.62/SF

Days on Market: 51d

Closed Leases: 1

Active Supply: 3 units

286 Total SuitesBuilding Comps

Victoria Town

10 Sunrise Avenue

$2,600

avg leased

Leased $/SF: $3.47/SF

Days on Market: 10d

Closed Leases: 1

Active Supply: 2 units

144 Total SuitesBuilding Comps

Milo Park Garden

1780 Victoria Park Avenue

$1,890

avg leased

Leased $/SF: $2.52/SF

Days on Market: 48d

Closed Leases: 1

Active Supply: 1 units

83 Total SuitesBuilding Comps

100 & 105 Rowena

100 Rowena Drive

$2,060

avg leased

Leased $/SF: $2.75/SF

Days on Market: 67d

Closed Leases: 1

Active Supply: 0 units

278 Total SuitesBuilding Comps

75 Graydon Hall Condos

75 Graydon Hall Drive

$3,300

avg leased

Leased $/SF: $2.54/SF

Days on Market: 11d

Closed Leases: 1

Active Supply: 0 units

197 Total SuitesBuilding Comps

1002 Lawrence East

1002 Lawrence Avenue East

$1,900

avg leased

Leased $/SF: $2.92/SF

Days on Market: 30d

Closed Leases: 1

Active Supply: 0 units

77 Total SuitesBuilding Comps

Don Valley Suites

71 Jonesville Crescent

$2,500

avg leased

Leased $/SF: $2.27/SF

Days on Market: 7d

Closed Leases: 1

Active Supply: 0 units

Condo ResidenceBuilding Comps

Rowena Apartments

105 Rowena Drive

$2,300

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

278 Total SuitesBuilding Comps

Venetian Towers

57 Parkwoods Village Drive

$2,250

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

87 Total SuitesBuilding Comps

Brookbanks

17 Brookbanks Drive

$2,350

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

44 Total SuitesBuilding Comps

160 The Donway West

$2,550

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

Condo ResidenceBuilding Comps

1801-1815 O'Connor Condos

1815 OConnor Drive

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

111 Total SuitesBuilding Comps

1780 Lawrence Avenue E

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

40 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 Don Mills.

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.

Don Mills Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Don Mills

Don Mills is an established residential submarket within Toronto, comprising 17 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 Don Mills is anchored by municipal transit connections, primary arterial thoroughfares, and nearby regional highways, connecting residents efficiently across Toronto and the wider Greater Toronto Area.

The residential inventory in Don Mills 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 Don Mills is currently $2,375/month ($3.37/SF), with an average leasing velocity of 29 Days on Market. Compared to the overall Toronto municipal benchmark ($2,770/month), Don Mills trades at a 14% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Milo Park Garden ($1,890/mo) to 75 Graydon Hall Condos ($3,300/mo).

Currently across Don Mills's 17 tracked multi-family properties, there are 14 active rental listings with an average asking rent of $2,547/month ($3.01/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,375/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 Don Mills to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 29 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 $2,375/mo, each day of vacancy costs $79/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 Don Mills to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Don Mills's 17 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

Don Mills Rental Market & Leasing FAQs

Essential insights for tenants, property owners, and real estate professionals navigating Don Mills, Toronto

Based on lease transactions tracked by FastScreen in August 2026 across 17 tracked condominium and apartment buildings in Don Mills, realized rents by unit layout average:

Studio / Bachelor:$1,615/mo($3.51/SF · 460 SF)
-$269 vs Toronto avg
1-Bedroom:$2,000/mo($4.09/SF · 507 SF)
-$271 vs Toronto avg
1-Bedroom + Den:$2,275/mo($3.53/SF · 650 SF)
-$190 vs Toronto avg
2-Bedroom:$2,478/mo($3.19/SF · 790 SF)
-$569 vs Toronto avg
2-Bedroom + Den:$2,850/mo($3.03/SF · 940 SF)
-$474 vs Toronto avg
3-Bedroom+:$2,860/mo($2.45/SF · 1167 SF)
-$1,295 vs Toronto avg

Overall market leasing across all unit layouts averaged $2,375/month ($3.37/SF) with an average of 29 Days on Market. Active rental listings currently average $2,547/month ($3.01/SF) for an average unit size of 854 SF.