Downtown East Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 72 tracked properties across Downtown East, Toronto.
Downtown East Rental Market Overview
Rental market activity across Downtown East, Toronto (postal forward sortation area M5A) reflects a competitive, high-speed leasing environment as of late September 2026. Backed by 72 tracked multi-residential developments, the submarket recorded an average realized rent of $2,438 per month based on 210 closed leases over the trailing 30 days, alongside 205 active listings currently on the market. Realized lease values sit below the broader Toronto municipal average of $2,821 by $383 per month (a 13.58% discount), offering renters a more accessible downtown footprint. At the same time, prospective tenants encounter a notable asking-to-realized spread of $279 per month between active asking targets ($2,717) and executed contract prices. Transaction volume across the submarket is heavily anchored by 1-bedroom and 1-bedroom plus den layouts, which drive the bulk of monthly leasing activity.
Get a free rent estimate for any Downtown East condo
Analyze verified lease comps and active asking rates across 72 buildings in Downtown East.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Downtown East
Closed Leases
Transactions that closed in September 2026 across Downtown East
Downtown East Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
Downtown East Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Downtown East, Toronto.
| Action | |||||
|---|---|---|---|---|---|
Social at Church + Dundas 100 Dalhousie St | $2,491/mo | $4.29/SF | 13leases | 6units | Comps |
Two Fifty Two Church 252 Church St | $2,346/mo | $4.88/SF | 12leases | 14units | Comps |
River & Fifth 5 Defries St | $2,408/mo | $4.43/SF | 12leases | 8units | Comps |
Prime 319 Jarvis St | $2,461/mo | $4.56/SF | 11leases | 9units | Comps |
199 Church Condos 82 Dalhousie Street | $2,230/mo | $5.03/SF | 11leases | 9units | Comps |
Dundas Square Gardens 251 Jarvis St | $2,075/mo | $4.50/SF | 10leases | 22units | Comps |
home. Power + Adelaide 48-50 Power St | $2,498/mo | $4.30/SF | 10leases | 8units | Comps |
Grid Condos 181 Dundas St E | $2,381/mo | $4.35/SF | 9leases | 5units | Comps |
28 Eastern 28 Eastern Ave | $2,179/mo | $4.21/SF | 8leases | 3units | Comps |
88 North 77 Shuter St | $2,442/mo | $4.45/SF | 6leases | 5units | Comps |
in.DE 219 Dundas St E | $2,342/mo | $3.88/SF | 6leases | 5units | Comps |
Garden District Condos 47 Mutual St | $2,217/mo | $3.94/SF | 6leases | 2units | Comps |
One Park Place South 55 Regent Park Blvd | $2,618/mo | $3.65/SF | 6leases | 1unit | Comps |
Jac Condos 308 Jarvis St | $2,700/mo | $4.07/SF | 5leases | 7units | Comps |
Max Condos 77 Mutual St | $2,416/mo | $4.17/SF | 5leases | 6units | Comps |
Pace 159 Dundas St E | $2,419/mo | $3.91/SF | 5leases | 3units | Comps |
Fleur 60 Shuter St | $2,440/mo | $4.23/SF | 5leases | 3units | Comps |
88 Queen 88 Queen St E | $2,650/mo | $4.28/SF | 5leases | 2units | Comps |
River City I 47 Lower River St/51 Trolley Cres | $2,235/mo | $3.81/SF | 5leases | 2units | Comps |
DuEast Condominiums - Regent Park 225 Sumach St | $2,530/mo | $3.67/SF | 5leases | 2units | Comps |
The Derby 393 King St E | $3,100/mo | $3.91/SF | 5leases | 2units | Comps |
Ivy Condos 65 Mutual St | $2,649/mo | $4.24/SF | 4leases | 7units | Comps |
East United Condos 120 Parliament St | $3,013/mo | $4.29/SF | 4leases | 4units | Comps |
River City II 32 Trolley Cres | $2,563/mo | $4.10/SF | 4leases | 2units | Comps |
Trinity Lofts 90 Trinity St | $2,613/mo | $4.44/SF | 4leases | 1unit | Comps |
O2 Maisonettes on George 220 George St | $2,725/mo | $2.78/SF | 4leases | 1unit | Comps |
on Parliament 30 Dreamers Way | $2,275/mo | $4.23/SF | 3leases | 4units | Comps |
365 Church 365 Church St | $2,700/mo | $4.27/SF | 3leases | 4units | Comps |
Artworks - East Tower 130 River St | $2,060/mo | $4.50/SF | 3leases | 4units | Comps |
The Merchandise Building I 155 Dalhousie St | $4,000/mo | $3.26/SF | 3leases | 4units | Comps |
Daniels on Parliament 10 Oak Street | $1,883/mo | $4.47/SF | 3leases | 2units | Comps |
Core Condominiums 68 Shuter St | $2,283/mo | $4.05/SF | 3leases | 2units | Comps |
One Park Place North 170 Sumach St | $2,583/mo | $4.23/SF | 3leases | 1unit | Comps |
Artsy - Artworks West Tower 35 Tubman Ave | $2,767/mo | $3.90/SF | 3leases | 1unit | Comps |
Metropolitan Essex 298 Jarvis St | $3,267/mo | $3.15/SF | 3leases | 0units | Comps |
Jazz 167 Church Street | $2,173/mo | $4.37/SF | 2leases | 2units | Comps |
Alter 89 McGill St | $2,350/mo | $4.49/SF | 2leases | 2units | Comps |
Corktown District - II 510 King St E | $2,500/mo | $4.20/SF | 2leases | 2units | Comps |
The King East 318 King St E | $2,500/mo | $4.16/SF | 2leases | 1unit | Comps |
Boot 75 Dalhousie St | $2,825/mo | $3.32/SF | 2leases | 1unit | Comps |
250 Jarvis 250 Jarvis Street | $2,600/mo | $2.77/SF | 2leases | 0units | Comps |
Corktown District - 569 King 569 King St E | $2,138/mo | $4.59/SF | 2leases | 0units | Comps |
Maddox Cabbagetown 191-201 Sherbourne Street | $2,920/mo | $3.44/SF | 1lease | 10units | Comps |
The Wyatt 20 Tubman Ave | $2,300/mo | $3.54/SF | 1lease | 2units | Comps |
Tannery Lofts 736 Dundas St E | $2,300/mo | $4.18/SF | 1lease | 2units | Comps |
41 River 41 River Street | $2,850/mo | $3.80/SF | 1lease | 2units | Comps |
One Park West 260 Sackville St | $2,150/mo | $5.38/SF | 1lease | 1unit | Comps |
The Victorian (Downtown East) 105 Victoria St | $2,050/mo | $3.15/SF | 1lease | 1unit | Comps |
The Quarters 256 Jarvis Street | $3,850/mo | $2.26/SF | 1lease | 1unit | Comps |
The Century Art Deco Lofts 365 Dundas St E | $2,880/mo | $3.60/SF | 1lease | 1unit | Comps |
One Cole - East Building 25 Cole St | $2,450/mo | $3.77/SF | 1lease | 0units | Comps |
Paintbox 225 Sackville St | $2,550/mo | $3.92/SF | 1lease | 0units | Comps |
The Bartholomew 200 Sackville St | $3,250/mo | $3.82/SF | 1lease | 0units | Comps |
76 Shuter 76 Shuter St | $2,400/mo | $4.36/SF | 1lease | 0units | Comps |
DuEast Boutique - East 34 Tubman Ave | $2,895/mo | $4.14/SF | 1lease | 0units | Comps |
One Cole - West Building 1 Cole St | $2,400/mo | $3.97/SF | 1lease | 0units | Comps |
The Merchandise Building V 135 Dalhousie St | $3,600/mo | $3.27/SF | 1lease | 0units | Comps |
Queen City Vinegar Co. Lofts 19 River St | $2,600/mo | $4.00/SF | 1lease | 0units | Comps |
The Knitting Mill 426 Queen St E | $2,550/mo | $3.00/SF | 1lease | 0units | Comps |
The Ledbury 30 Mutual Street | $3,726(ask) | $5.51 (ask) | 0leases | 8units | Comps |
The Elm 25 Dalhousie Street | $4,143(ask) | $5.17 (ask) | 0leases | 4units | Comps |
T.O. Condominium 117 Gerrard St E | $1,988(ask) | $2.43 (ask) | 0leases | 2units | Comps |
The Brewery Lofts 90 Sumach St | $4,850(ask) | $6.22 (ask) | 0leases | 2units | Comps |
Five Condos 105 Yonge Street | — | — | 0leases | 0units | Comps |
Home on Power 52 Power Street | — | — | 0leases | 0units | Comps |
199 Church 199 Church St | — | — | 0leases | 0units | Comps |
Gerrard Place 86 Gerrard Street E | — | — | 0leases | 0units | Comps |
Corktown District - 549 King 549 King St E | — | — | 0leases | 0units | Comps |
Corktown District - 52 Sumach 52 Sumach St | — | — | 0leases | 0units | Comps |
Carhartt Lofts 535 Queen Street E | — | — | 0leases | 0units | Comps |
282 Parliament Street 282 Parliament Street | — | — | 0leases | 0units | Comps |
377 Church Street N 377 Church Street N | — | — | 0leases | 0units | Comps |
100 Dalhousie St
252 Church St
5 Defries St
319 Jarvis St
82 Dalhousie Street
251 Jarvis St
48-50 Power St
181 Dundas St E
28 Eastern Ave
77 Shuter St
219 Dundas St E
47 Mutual St
55 Regent Park Blvd
308 Jarvis St
77 Mutual St
159 Dundas St E
60 Shuter St
88 Queen St E
47 Lower River St/51 Trolley Cres
225 Sumach St
393 King St E
65 Mutual St
120 Parliament St
32 Trolley Cres
90 Trinity St
220 George St
30 Dreamers Way
365 Church St
130 River St
155 Dalhousie St
10 Oak Street
68 Shuter St
170 Sumach St
35 Tubman Ave
298 Jarvis St
167 Church Street
89 McGill St
510 King St E
318 King St E
75 Dalhousie St
250 Jarvis Street
569 King St E
191-201 Sherbourne Street
20 Tubman Ave
736 Dundas St E
41 River Street
260 Sackville St
105 Victoria St
256 Jarvis Street
365 Dundas St E
25 Cole St
225 Sackville St
200 Sackville St
76 Shuter St
34 Tubman Ave
1 Cole St
135 Dalhousie St
19 River St
426 Queen St E
30 Mutual Street
25 Dalhousie Street
117 Gerrard St E
90 Sumach St
105 Yonge Street
52 Power Street
199 Church St
86 Gerrard Street E
549 King St E
52 Sumach St
535 Queen Street E
282 Parliament Street
377 Church Street N
Derived from verified closed lease contracts finalized during September 2026 across multi-residential buildings in Downtown East.
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.
Downtown East Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Downtown East
Rental market activity across Downtown East, Toronto (postal forward sortation area M5A) reflects a competitive, high-speed leasing environment as of late September 2026. Backed by 72 tracked multi-residential developments, the submarket recorded an average realized rent of $2,438 per month based on 210 closed leases over the trailing 30 days, alongside 205 active listings currently on the market. Realized lease values sit below the broader Toronto municipal average of $2,821 by $383 per month (a 13.58% discount), offering renters a more accessible downtown footprint. At the same time, prospective tenants encounter a notable asking-to-realized spread of $279 per month between active asking targets ($2,717) and executed contract prices. Transaction volume across the submarket is heavily anchored by 1-bedroom and 1-bedroom plus den layouts, which drive the bulk of monthly leasing activity.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Downtown East is currently $2,437/month ($4.28/SF), with an average leasing velocity of 18 Days on Market. Compared to the overall Toronto municipal benchmark ($2,820/month), Downtown East trades at a 14% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Daniels on Parliament ($1,883/mo) to The Merchandise Building I ($4,000/mo).
Month Over Month Trends
Short-term market movement across Downtown East exhibited modest upward momentum over the past month, with average realized rents increasing by $16 (or 0.66%) from the prior 30-day period's average of $2,422. This slight upward adjustment reflects stable transactional demand across 210 closed leases in the current 30-day window compared to 342 closed leases in the preceding period, driven primarily by minor shifts in transaction volume across mid-sized condominium layouts rather than sweeping structural repricing.
Longer Term Trends & Rental Dispersion
Longer-term performance indicators show consistent pricing stability across the submarket, with a 90-day average realized rent of $2,432 across 970 leases and an all-time baseline average of $2,419 across 1,625 total recorded transactions. Overall rent dispersion across the submarket spans from a minimum of $275 to a maximum of $8,500, with a median realized rent of $2,300. The middle 50% of the market—bounded by the 25th percentile at $2,050 and the 75th percentile at $2,700—yields an interquartile range (IQR) of $650, capturing the core pricing band where the vast majority of standard condominium rentals successfully execute.
Currently across Downtown East's 72 tracked multi-family properties, there are 205 active rental listings with an average asking rent of $2,740/month ($4.46/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,437/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Renters searching in Downtown East should target the middle 50% pricing band between $2,050 and $2,700 per month to align with prevailing market norms. Transitioning from a standard 1-bedroom layout (averaging $2,096) to a 2-bedroom layout (averaging $2,756) requires a monthly step-up of $660 (a 31.49% increase) in exchange for an additional 206 square feet of living space. Upgrading from a 1-bedroom to a 1-bedroom plus den adds $247 per month for 85 extra square feet, while moving from a 2-bedroom to a 2-bedroom plus den requires an additional $327 per month for 138 square feet. With properties leasing in an average of 18 days, applicants should prepare documentation and deposits in advance to secure desirable suites quickly.
For Landlords
Landlords and property investors operating in Downtown East must account for the current asking-to-realized spread of $279 per month, which highlights the gap between initial landlord asking targets ($2,717) and final executed contract prices ($2,438). Properties priced outside the established middle 50% benchmark band risk extended vacancy timelines beyond the submarket average of 18 days. Aligning listing expectations with verified 30-day realized lease comps ensures optimal absorption in a balanced leasing environment.
For Realtors
Real estate professionals representing clients in Downtown East are navigating a healthy liquidity environment characterized by a 50.6% absorption rate and 205 active listings across 72 tracked buildings in postal area M5A. Agents should advise landlord clients to moderate initial list prices to bridge the $279 asking-to-realized spread, while helping tenant clients navigate competitive 1-bedroom and 2-bedroom inventory where properties average 18 days on market.
Downtown East Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Downtown East, Toronto
What is the average rent for a condominium or apartment in Downtown East, Toronto?
Downtown East's average realized lease price is $2,438 per month ($4.27/sqft), based on 210 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market ranges between $2,050 (25th percentile) and $2,700 (75th percentile) per month, positioning submarket rents 13.58% below the broader Toronto municipal average.
How much is a 1-bedroom apartment in Downtown East?
The average rent for a 1-bedroom apartment in Downtown East, Toronto is $2,096 per month ($4.37/sqft), while 1-bedroom plus den suites average $2,343 per month, based on 180-day trailing data. Most standard 1-bedroom units lease between $2,000 (25th percentile) and $2,200 (75th percentile) per month, with an average realized size of 494 square feet.
How much is a 2-bedroom apartment in Downtown East?
The average rent for a 2-bedroom apartment in Downtown East, Toronto is $2,756 per month ($4.00/sqft), while 2-bedroom plus den suites average $3,083 per month, based on 180-day trailing data. Most 2-bedroom units lease between $2,588 (25th percentile) and $2,897 (75th percentile) per month, representing a $660 monthly step-up from standard 1-bedroom layouts across an additional 206 square feet.
How much is a 3-bedroom apartment in Downtown East?
The average rent for a 3-bedroom apartment in Downtown East, Toronto is $3,632 per month ($4.24/sqft), based on 180-day trailing data across 86 transactions. Three-bedroom and larger suites represent an established multi-bedroom rental segment within tracked stock, featuring an average realized size of 878 square feet.
What are the most affordable and premium condo and apartment buildings in Downtown East?
Within Downtown East, Carhartt Lofts commands the highest average lease rate at approximately $4,500 per month, while entry-level private transactions across tracked submarket inventory start around $1,600 per month at Home on Power.
How does rent in Downtown East compare to the overall Toronto average?
Downtown East rents average $2,438 per month, which is lower than the overall Toronto average of $2,821 per month (a spread of $383 or 13.58%). Properties in Downtown East spend an average of 18 days on the market, matching the broader Toronto municipal average of 18 days.
What are the postal code FSAs for Downtown East?
Condo and apartment rentals in Downtown East primarily fall within postal forward sortation areas (FSAs) such as M5A.
How fast do rental units lease in Downtown East (Days on Market)?
Rental listings in Downtown East spend an average of 18 days on the market before leasing, based on 30-day tracking through September 30, 2026—matching the broader Toronto municipal benchmark of 18 days.
How should landlords price their rental listings in Downtown East to avoid vacancy loss?
With active listings averaging $2,717 against closed leases at $2,438—an asking-to-realized spread of $279 per month—landlords should price units in alignment with recent closed lease benchmarks rather than aspirational asking rates to prevent vacancy extending past the submarket average of 18 days.
How much more will a unit with a parking spot in Downtown East rent for versus a unit without one?
Reserved parking in Downtown East adds an estimated $268 to $326 per month across 1-bedroom and 2-bedroom rental rates, respectively, based on verified unbundled lease comps.
Are parking spaces, lockers, and utilities included in Downtown East 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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