Toronto Submarket Hub

Downtown West Rental Comps & Market Trends

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 125 tracked properties across Downtown West, Toronto.

Postal Codes Covered:M5G, M5J, M5S, M5T, M5V, M6J

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Downtown West

Active Listings
210units
Across 125 buildings
Average Asking Rent
$3,244/mo
+1.2% Asking Trend
Average Unit Size
702SF
Asking layout average
Average Asking / SF
$4.82/SF
Current asking rate
Average Days on Market
29days
Active listing age

Closed Leases

Transactions that closed in August 2026 across Downtown West

Units Leased
179closed
Executed transactions
Average Leased Rent
$3,016/mo
-3.6% MoM Delta
Average Leased SF
668SF
Executed size average
Average Leased / SF
$4.66/SF
Realized per-foot rate
Average Days on Market
20days
Days to execute lease

Downtown West Rental Rates by Unit Layout

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

Studio / Bachelor
$1,939/mo
$4.85/SF · 400 SF
+$55 vs Toronto
1-Bedroom
$2,476/mo
$4.74/SF · 534 SF
+$205 vs Toronto
1-Bedroom + Den
$2,907/mo
$4.55/SF · 656 SF
+$442 vs Toronto
2-Bedroom
$3,503/mo
$4.37/SF · 812 SF
+$456 vs Toronto
2-Bedroom + Den
$5,274/mo
$6.75/SF · 932 SF
+$1,950 vs Toronto
3-Bedroom+
$4,099/mo
$4.13/SF · 1021 SF
-$56 vs Toronto

Downtown West Tracked Buildings & Lease Comps

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

Artistry

280 Dundas St W

$3,074
avg leased
Leased $/SF: $4.88/SF
Days on Market: 8d
Closed Leases: 11
Active Supply: 20 units
382 Total SuitesBuilding Comps
$3,505
avg leased
Leased $/SF: $4.57/SF
Days on Market: 27d
Closed Leases: 10
Active Supply: 17 units
448 Total SuitesBuilding Comps
Theory

203 College St

$3,560
avg leased
Leased $/SF: $5.85/SF
Days on Market: 24d
Closed Leases: 10
Active Supply: 16 units
243 Total SuitesBuilding Comps
Residences at RCMI

426 University Ave

$2,925
avg leased
Leased $/SF: $4.03/SF
Days on Market: 20d
Closed Leases: 8
Active Supply: 9 units
318 Total SuitesBuilding Comps
543 Richmond

543 Richmond St W

$2,611
avg leased
Leased $/SF: $4.62/SF
Days on Market: 29d
Closed Leases: 7
Active Supply: 5 units
475 Total SuitesBuilding Comps
Fabrik

435 Richmond St W

$2,743
avg leased
Leased $/SF: $4.55/SF
Days on Market: 16d
Closed Leases: 7
Active Supply: 2 units
171 Total SuitesBuilding Comps
Design Haus

181 Huron St

$3,065
avg leased
Leased $/SF: $5.21/SF
Days on Market: 13d
Closed Leases: 6
Active Supply: 4 units
124 Total SuitesBuilding Comps
West Condos

9 Tecumseth St

$2,333
avg leased
Leased $/SF: $4.70/SF
Days on Market: 19d
Closed Leases: 6
Active Supply: 1 units
272 Total SuitesBuilding Comps
$2,558
avg leased
Leased $/SF: $4.17/SF
Days on Market: 24d
Closed Leases: 6
Active Supply: 0 units
173 Total SuitesBuilding Comps
Artist's Alley 2

230 Simcoe St

$2,750
avg leased
Leased $/SF: $5.28/SF
Days on Market: 14d
Closed Leases: 5
Active Supply: 4 units
318 Total SuitesBuilding Comps
The Harlowe

608 Richmond Street West

$2,800
avg leased
Leased $/SF: $4.42/SF
Days on Market: 19d
Closed Leases: 5
Active Supply: 2 units
220 Total SuitesBuilding Comps
Musee

525 Adelaide St W

$2,429
avg leased
Leased $/SF: $4.27/SF
Days on Market: 29d
Closed Leases: 5
Active Supply: 1 units
433 Total SuitesBuilding Comps
Westside - East Tower

576 Front St W

$2,445
avg leased
Leased $/SF: $4.37/SF
Days on Market: 15d
Closed Leases: 5
Active Supply: 1 units
367 Total SuitesBuilding Comps
$3,145
avg leased
Leased $/SF: $3.98/SF
Days on Market: 9d
Closed Leases: 5
Active Supply: 1 units
193 Total SuitesBuilding Comps
$2,319
avg leased
Leased $/SF: $4.66/SF
Days on Market: 24d
Closed Leases: 4
Active Supply: 9 units
364 Total SuitesBuilding Comps
$2,515
avg leased
Leased $/SF: $5.17/SF
Days on Market: 11d
Closed Leases: 4
Active Supply: 5 units
230 Total SuitesBuilding Comps
$2,513
avg leased
Leased $/SF: $4.68/SF
Days on Market: 30d
Closed Leases: 4
Active Supply: 4 units
287 Total SuitesBuilding Comps
Waterworks

505 Richmond St W

$7,375
avg leased
Leased $/SF: $11.26/SF
Days on Market: 17d
Closed Leases: 4
Active Supply: 0 units
275 Total SuitesBuilding Comps
SQ2 at Alexandra Park

80 Vanauley St

$3,575
avg leased
Leased $/SF: $4.18/SF
Days on Market: 14d
Closed Leases: 4
Active Supply: 0 units
174 Total SuitesBuilding Comps
Thompson Residences

629 King St W/38 Stewart St

$3,325
avg leased
Leased $/SF: $5.65/SF
Days on Market: 17d
Closed Leases: 3
Active Supply: 7 units
410 Total SuitesBuilding Comps
$2,600
avg leased
Leased $/SF: $4.59/SF
Days on Market: 9d
Closed Leases: 3
Active Supply: 3 units
400 Total SuitesBuilding Comps
$3,283
avg leased
Leased $/SF: $4.17/SF
Days on Market: 15d
Closed Leases: 3
Active Supply: 3 units
217 Total SuitesBuilding Comps
$2,508
avg leased
Leased $/SF: $4.08/SF
Days on Market: 18d
Closed Leases: 3
Active Supply: 3 units
180 Total SuitesBuilding Comps
oneeleven

111 Bathurst St

$2,917
avg leased
Leased $/SF: $4.23/SF
Days on Market: 20d
Closed Leases: 3
Active Supply: 2 units
255 Total SuitesBuilding Comps
The Morgan

438 Richmond St W

$2,867
avg leased
Leased $/SF: $3.64/SF
Days on Market: 24d
Closed Leases: 3
Active Supply: 2 units
216 Total SuitesBuilding Comps
Rush

2 Augusta Ave

$2,550
avg leased
Leased $/SF: $4.46/SF
Days on Market: 17d
Closed Leases: 3
Active Supply: 2 units
125 Total SuitesBuilding Comps
550 Wellington West

55 Stewart/552 Wellington

$2,367
avg leased
Leased $/SF: $4.78/SF
Days on Market: 11d
Closed Leases: 3
Active Supply: 1 units
336 Total SuitesBuilding Comps
Sixty Loft

60 Bathurst St

$4,000
avg leased
Leased $/SF: $3.89/SF
Days on Market: 9d
Closed Leases: 3
Active Supply: 1 units
142 Total SuitesBuilding Comps
400 Wellington West

400 Wellington St W

$3,917
avg leased
Leased $/SF: $4.50/SF
Days on Market: 49d
Closed Leases: 3
Active Supply: 1 units
102 Total SuitesBuilding Comps
The Summit I

701 King St W

$2,233
avg leased
Leased $/SF: $3.36/SF
Days on Market: 23d
Closed Leases: 3
Active Supply: 0 units
179 Total SuitesBuilding Comps
The College

297 College St

$2,500
avg leased
Leased $/SF: $4.11/SF
Days on Market: 8d
Closed Leases: 2
Active Supply: 14 units
226 Total SuitesBuilding Comps
SQ Spadina Queen

38 Cameron St

$2,950
avg leased
Leased $/SF: $4.53/SF
Days on Market: 54d
Closed Leases: 2
Active Supply: 5 units
241 Total SuitesBuilding Comps
Westside - Bside

27 Bathurst St

$3,475
avg leased
Leased $/SF: $4.00/SF
Days on Market: 25d
Closed Leases: 2
Active Supply: 4 units
323 Total SuitesBuilding Comps
Form Condos

50 McCaul St

$3,650
avg leased
Leased $/SF: $4.04/SF
Days on Market: 7d
Closed Leases: 2
Active Supply: 4 units
189 Total SuitesBuilding Comps
335 College Street

335 College Street

$1,800
avg leased
Leased $/SF: $4.50/SF
Days on Market: 47d
Closed Leases: 2
Active Supply: 3 units
25 Total SuitesBuilding Comps
Seventy5 Portland

75 Portland St

$3,150
avg leased
Leased $/SF: $3.70/SF
Days on Market: 21d
Closed Leases: 2
Active Supply: 2 units
212 Total SuitesBuilding Comps
Parc Lofts

25 Stafford St

$2,350
avg leased
Leased $/SF: $5.06/SF
Days on Market: 28d
Closed Leases: 2
Active Supply: 2 units
103 Total SuitesBuilding Comps
12 Degrees

15 Beverley St

$3,100
avg leased
Leased $/SF: $4.93/SF
Days on Market: 9d
Closed Leases: 2
Active Supply: 2 units
96 Total SuitesBuilding Comps
Downtown

508 Wellington St W

$2,175
avg leased
Leased $/SF: $4.70/SF
Days on Market: 35d
Closed Leases: 2
Active Supply: 2 units
89 Total SuitesBuilding Comps
The Bread Company

195 McCaul St

$3,050
avg leased
Leased $/SF: $4.43/SF
Days on Market: 5d
Closed Leases: 2
Active Supply: 1 units
309 Total SuitesBuilding Comps
The Brant Park

39 Brant St

$2,100
avg leased
Leased $/SF: $5.25/SF
Days on Market: 10d
Closed Leases: 2
Active Supply: 1 units
236 Total SuitesBuilding Comps
Portland Park Village

550 Front St W

$2,800
avg leased
Leased $/SF: $3.57/SF
Days on Market: 38d
Closed Leases: 2
Active Supply: 1 units
192 Total SuitesBuilding Comps
$3,175
avg leased
Leased $/SF: $4.06/SF
Days on Market: 13d
Closed Leases: 2
Active Supply: 1 units
118 Total SuitesBuilding Comps
$2,175
avg leased
Leased $/SF: $4.92/SF
Days on Market: 33d
Closed Leases: 2
Active Supply: 1 units
118 Total SuitesBuilding Comps
123 Portland

123 Portland St

$3,495
avg leased
Leased $/SF: $4.11/SF
Days on Market: 14d
Closed Leases: 2
Active Supply: 1 units
116 Total SuitesBuilding Comps
Thirtytwo Camden

32 Camden St

$2,850
avg leased
Leased $/SF: $3.67/SF
Days on Market: 8d
Closed Leases: 2
Active Supply: 1 units
87 Total SuitesBuilding Comps
$3,300
avg leased
Leased $/SF: $3.85/SF
Days on Market: 22d
Closed Leases: 2
Active Supply: 1 units
83 Total SuitesBuilding Comps
775 King West

775 King St W

$3,025
avg leased
Leased $/SF: $4.78/SF
Days on Market: 12d
Closed Leases: 2
Active Supply: 0 units
350 Total SuitesBuilding Comps
MRKT Alexandra Park

115 Denison Ave

$2,800
avg leased
Leased $/SF: $4.06/SF
Days on Market: 19d
Closed Leases: 2
Active Supply: 0 units
188 Total SuitesBuilding Comps
Wellington Square

18 Stafford St

$2,600
avg leased
Leased $/SF: $4.10/SF
Days on Market: 4d
Closed Leases: 2
Active Supply: 0 units
172 Total SuitesBuilding Comps
Quad Lofts II

23 Brant St

$2,425
avg leased
Leased $/SF: $3.63/SF
Days on Market: 6d
Closed Leases: 2
Active Supply: 0 units
128 Total SuitesBuilding Comps
Zed

38 Niagara St

$2,400
avg leased
Leased $/SF: $4.06/SF
Days on Market: 19d
Closed Leases: 2
Active Supply: 0 units
114 Total SuitesBuilding Comps
$3,225
avg leased
Leased $/SF: $4.33/SF
Days on Market: 43d
Closed Leases: 2
Active Supply: 0 units
103 Total SuitesBuilding Comps
The Well - Signature Series

455 Wellington St W

$6,975
avg leased
Leased $/SF: $5.39/SF
Days on Market: 28d
Closed Leases: 2
Active Supply: 0 units
98 Total SuitesBuilding Comps
$6,750
avg leased
Leased $/SF: $3.29/SF
Days on Market: 29d
Closed Leases: 2
Active Supply: 0 units
20 Total SuitesBuilding Comps
$2,300
avg leased
Leased $/SF: $5.00/SF
Days on Market: 4d
Closed Leases: 1
Active Supply: 4 units
222 Total SuitesBuilding Comps
West House

88 Bathurst Street

$3,450
avg leased
Leased $/SF: $5.29/SF
Days on Market: 12d
Closed Leases: 1
Active Supply: 3 units
307 Total SuitesBuilding Comps
The Woodsworth

458 Richmond St W

$2,275
avg leased
Leased $/SF: $4.33/SF
Days on Market: 10d
Closed Leases: 1
Active Supply: 3 units
126 Total SuitesBuilding Comps
Citysphere

801 King St W

$3,500
avg leased
Leased $/SF: $4.67/SF
Days on Market: 12d
Closed Leases: 1
Active Supply: 2 units
338 Total SuitesBuilding Comps
Rêve King West

560 Front St W

$2,300
avg leased
Leased $/SF: $4.18/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 2 units
305 Total SuitesBuilding Comps
$2,700
avg leased
Leased $/SF: $4.91/SF
Days on Market: 25d
Closed Leases: 1
Active Supply: 2 units
104 Total SuitesBuilding Comps
Dragon Condos

10 Willison Sq

$2,250
avg leased
Leased $/SF: $3.46/SF
Days on Market: 26d
Closed Leases: 1
Active Supply: 2 units
95 Total SuitesBuilding Comps
66 Portland

66 Portland St

$3,900
avg leased
Leased $/SF: $4.11/SF
Days on Market: 68d
Closed Leases: 1
Active Supply: 2 units
84 Total SuitesBuilding Comps
One Park Lane I

280 Simcoe St

$3,800
avg leased
Leased $/SF: $2.92/SF
Days on Market: 8d
Closed Leases: 1
Active Supply: 1 units
355 Total SuitesBuilding Comps
The Summit II

705 King St W

$2,650
avg leased
Leased $/SF: $3.53/SF
Days on Market: 15d
Closed Leases: 1
Active Supply: 1 units
304 Total SuitesBuilding Comps
$2,750
avg leased
Leased $/SF: $4.22/SF
Days on Market: 4d
Closed Leases: 1
Active Supply: 1 units
258 Total SuitesBuilding Comps
The Westside

700 King St W

$3,150
avg leased
Leased $/SF: $3.71/SF
Days on Market: 35d
Closed Leases: 1
Active Supply: 1 units
210 Total SuitesBuilding Comps
One Park Lane II

195 St Patrick St

$3,500
avg leased
Leased $/SF: $2.69/SF
Days on Market: 44d
Closed Leases: 1
Active Supply: 1 units
130 Total SuitesBuilding Comps
One Park Lane III

211 St Patrick Street

$3,800
avg leased
Leased $/SF: $2.92/SF
Days on Market: 40d
Closed Leases: 1
Active Supply: 1 units
88 Total SuitesBuilding Comps
Village by the Grange III

120 St Patrick St

$2,650
avg leased
Leased $/SF: $4.08/SF
Days on Market: 32d
Closed Leases: 1
Active Supply: 1 units
86 Total SuitesBuilding Comps
Soho Condos

477 Richmond St W

$1,950
avg leased
Leased $/SF: $3.55/SF
Days on Market: 8d
Closed Leases: 1
Active Supply: 1 units
35 Total SuitesBuilding Comps
Zen Lofts

42 Camden St

$4,150
avg leased
Leased $/SF: $3.19/SF
Days on Market: 27d
Closed Leases: 1
Active Supply: 1 units
35 Total SuitesBuilding Comps
414 Dundas Street W

414 Dundas Street W

$3,000
avg leased
Leased $/SF: $2.73/SF
Days on Market: 27d
Closed Leases: 1
Active Supply: 1 units
Condo ResidenceBuilding Comps
Artists' Alley

234 Simcoe Street

$2,198
avg leased
Leased $/SF: $5.50/SF
Days on Market: 26d
Closed Leases: 1
Active Supply: 0 units
581 Total SuitesBuilding Comps
Village by the Grange

103 Mccaul Street

$2,500
avg leased
Leased $/SF: $3.85/SF
Days on Market: 31d
Closed Leases: 1
Active Supply: 0 units
552 Total SuitesBuilding Comps
Wynford Condominiums

1715 Edgecliff Golfway E

$2,600
avg leased
Leased $/SF: $2.74/SF
Days on Market: 59d
Closed Leases: 1
Active Supply: 0 units
315 Total SuitesBuilding Comps
Lofts 399

399 Adelaide St W

$2,550
avg leased
Leased $/SF: $4.64/SF
Days on Market: 27d
Closed Leases: 1
Active Supply: 0 units
173 Total SuitesBuilding Comps
The Summit III

725 King St W

$2,600
avg leased
Leased $/SF: $4.00/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
160 Total SuitesBuilding Comps
Kingly Condos

501 Adelaide St W

$4,800
avg leased
Leased $/SF: $4.99/SF
Days on Market: 29d
Closed Leases: 1
Active Supply: 0 units
133 Total SuitesBuilding Comps
Cityscape Terrace

500 Richmond St W

$4,750
avg leased
Leased $/SF: $4.32/SF
Days on Market: 4d
Closed Leases: 1
Active Supply: 0 units
109 Total SuitesBuilding Comps
Village by the Grange II

80 St Patrick St

$3,100
avg leased
Leased $/SF: $4.77/SF
Days on Market: 45d
Closed Leases: 1
Active Supply: 0 units
104 Total SuitesBuilding Comps
Queen and Portland

156 Portland St

$2,550
avg leased
Leased $/SF: $4.64/SF
Days on Market: 7d
Closed Leases: 1
Active Supply: 0 units
96 Total SuitesBuilding Comps
Adelaide Square

140 Bathurst St

$2,495
avg leased
Leased $/SF: $4.54/SF
Days on Market: 8d
Closed Leases: 1
Active Supply: 0 units
90 Total SuitesBuilding Comps
$3,800
avg leased
Leased $/SF: $3.45/SF
Days on Market: 57d
Closed Leases: 1
Active Supply: 0 units
88 Total SuitesBuilding Comps
$3,200
avg leased
Leased $/SF: $4.20/SF
Days on Market: 6d
Closed Leases: 1
Active Supply: 0 units
77 Total SuitesBuilding Comps
$2,300
avg leased
Leased $/SF: $3.54/SF
Days on Market: 26d
Closed Leases: 1
Active Supply: 0 units
62 Total SuitesBuilding Comps
20 Stewart

20 Stewart St

$2,500
avg leased
Leased $/SF: $4.55/SF
Days on Market: 32d
Closed Leases: 1
Active Supply: 0 units
59 Total SuitesBuilding Comps
Kingscourt

188 Spadina Ave

$3,850
avg leased
Leased $/SF: $2.57/SF
Days on Market: 15d
Closed Leases: 1
Active Supply: 0 units
57 Total SuitesBuilding Comps
60 Niagara

60 - 64 Niagara St

$4,400
avg leased
Leased $/SF: $3.82/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
30 Total SuitesBuilding Comps
8 Oxford Condominiums

8 Oxford Street

$2,550
avg leased
Leased $/SF: $3.40/SF
Days on Market: 9d
Closed Leases: 1
Active Supply: 0 units
30 Total SuitesBuilding Comps
Cawthra House

150 Beverley St

$2,500
avg leased
Leased $/SF: $3.33/SF
Days on Market: 8d
Closed Leases: 1
Active Supply: 0 units
29 Total SuitesBuilding Comps
Five Hundred Wellington West

500 Wellington St W

$21,000
avg leased
Leased $/SF: $13.13/SF
Days on Market: 35d
Closed Leases: 1
Active Supply: 0 units
17 Total SuitesBuilding Comps
436 Queen W

436 Queen Street W

$2,100
avg leased
Leased $/SF: $2.47/SF
Days on Market: 43d
Closed Leases: 1
Active Supply: 0 units
Condo ResidenceBuilding Comps
490 Queen Street W

490 Queen Street W

$1,650
avg leased
Leased $/SF: $4.13/SF
Days on Market: 3d
Closed Leases: 1
Active Supply: 0 units
Condo ResidenceBuilding Comps
Waverley

484 Spadina Avenue

$3,544
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 5 units
166 Total SuitesBuilding Comps
Residences of the Artisan

152 St Patrick St

$2,800
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
135 Total SuitesBuilding Comps
The Kings

800 King St W

$3,250
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
76 Total SuitesBuilding Comps
566 Queen W

566 Queen Street W

$1,850
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
Condo ResidenceBuilding Comps
West One - CityPlace

Unknown Address

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
612 Total SuitesBuilding Comps
Grangetown Lofts

71 McCaul Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
552 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
142 Total SuitesBuilding Comps
Chinatown Centre

222 Spadina Ave

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
125 Total SuitesBuilding Comps
Design Haus

231 College Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
116 Total SuitesBuilding Comps
Trinity Park Lofts

901 Queen St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
102 Total SuitesBuilding Comps
Village by the Grange I

60 St Patrick St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
81 Total SuitesBuilding Comps
Quad Lofts I

19 Brant St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
67 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
67 Total SuitesBuilding Comps
The Sylvia

50 Camden St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
65 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
56 Total SuitesBuilding Comps
Camden Lofts

29 Camden St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
55 Total SuitesBuilding Comps
Gotham Lofts

781 King St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
54 Total SuitesBuilding Comps
533 Richmond

533 Richmond St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
52 Total SuitesBuilding Comps
West 833

833 King St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
52 Total SuitesBuilding Comps
32 Stewart

32 Stewart St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
47 Total SuitesBuilding Comps
One Six Nine

169 John St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
46 Total SuitesBuilding Comps
90 Niagara

90 Niagara St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
45 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
38 Total SuitesBuilding Comps
The Wellington Worx Building

436 Wellington St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
34 Total SuitesBuilding Comps
468 Wellington

468 Wellington St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
30 Total SuitesBuilding Comps
Tecumseth Lofts

766 King St W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
28 Total SuitesBuilding Comps
The Twenty

20 Niagara St

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
24 Total SuitesBuilding Comps
Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
12 Total SuitesBuilding Comps
366 College Street

366 College Street

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding Comps
400 Queen Street W

400 Queen Street W

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding Comps
475 Queen West

475 Queen Street West

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding 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 Downtown West.

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.

Downtown West Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Downtown West

Downtown West is an established residential submarket within Toronto, comprising 125 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 Downtown West 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 Downtown West 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 Downtown West is currently $3,016/month ($4.66/SF), with an average leasing velocity of 20 Days on Market. Compared to the overall Toronto municipal benchmark ($2,770/month), Downtown West trades at a 9% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from 490 Queen Street W ($1,650/mo) to Five Hundred Wellington West ($21,000/mo).

Currently across Downtown West's 125 tracked multi-family properties, there are 210 active rental listings with an average asking rent of $3,244/month ($4.82/SF). For closed transactions executed in August 2026, realized lease agreements averaged $3,016/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 Downtown West to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 20 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 $3,016/mo, each day of vacancy costs $101/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 Downtown West to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Downtown West's 125 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

Downtown West Rental Market & Leasing FAQs

Essential insights for tenants, property owners, and real estate professionals navigating Downtown West, Toronto

Based on lease transactions tracked by FastScreen in August 2026 across 125 tracked condominium and apartment buildings in Downtown West, realized rents by unit layout average:

  • Studio / Bachelor:$1,939/mo($4.85/SF · 400 SF)
    +$55 vs Toronto avg
  • 1-Bedroom:$2,476/mo($4.74/SF · 534 SF)
    +$205 vs Toronto avg
  • 1-Bedroom + Den:$2,907/mo($4.55/SF · 656 SF)
    +$442 vs Toronto avg
  • 2-Bedroom:$3,503/mo($4.37/SF · 812 SF)
    +$456 vs Toronto avg
  • 2-Bedroom + Den:$5,274/mo($6.75/SF · 932 SF)
    +$1,950 vs Toronto avg
  • 3-Bedroom+:$4,099/mo($4.13/SF · 1021 SF)
    -$56 vs Toronto avg

Overall market leasing across all unit layouts averaged $3,016/month ($4.66/SF) with an average of 20 Days on Market. Active rental listings currently average $3,244/month ($4.82/SF) for an average unit size of 702 SF.

Explore Other Toronto Submarkets

Compare neighbourhood comps and rental rates for leased units across Toronto against Downtown West

View Toronto Hub
North Midtown
122 buildings · $2,642/mo
-$374/mo (-12.4%)Lower
South Midtown
95 buildings · $3,546/mo
+$530/mo (+17.6%)Higher
Downtown Core
87 buildings · $2,929/mo
-$87/mo (-2.9%)Lower
Toronto East
84 buildings · $2,540/mo
-$476/mo (-15.8%)Lower
Downtown East
72 buildings · $2,435/mo
-$581/mo (-19.3%)Lower
Toronto West
68 buildings · $2,790/mo
-$226/mo (-7.5%)Lower
Cabbagetown
67 buildings · $2,755/mo
-$261/mo (-8.7%)Lower
Bloor-Yorkville
61 buildings · $3,625/mo
+$609/mo (+20.2%)Higher
St. Lawrence
58 buildings · $2,722/mo
-$294/mo (-9.7%)Lower
Entertainment District
50 buildings · $2,807/mo
-$209/mo (-6.9%)Lower
CityPlace / Fort York
46 buildings · $2,822/mo
-$194/mo (-6.4%)Lower
The Annex
44 buildings · $3,291/mo
+$275/mo (+9.1%)Higher
Harbourfront
37 buildings · $3,039/mo
+$23/mo (+0.8%)Higher
High Park
37 buildings · $2,673/mo
-$343/mo (-11.4%)Lower
East York
33 buildings · $2,248/mo
-$768/mo (-25.5%)Lower
Scarborough North
27 buildings · $2,575/mo
-$441/mo (-14.6%)Lower
Junction
26 buildings · $2,393/mo
-$623/mo (-20.7%)Lower
East Bayfront
25 buildings · $3,199/mo
+$183/mo (+6.1%)Higher
Liberty Village
24 buildings · $2,750/mo
-$266/mo (-8.8%)Lower
Don Valley North
20 buildings · $2,756/mo
-$260/mo (-8.6%)Lower
Dovercourt
19 buildings · $2,485/mo
-$531/mo (-17.6%)Lower
Parkdale
19 buildings · $2,917/mo
-$99/mo (-3.3%)Lower
Yorkdale
19 buildings · $2,410/mo
-$606/mo (-20.1%)Lower
Downsview
19 buildings · $1,788/mo
-$1,228/mo (-40.7%)Lower
Oakwood
17 buildings · $1,874/mo
-$1,142/mo (-37.9%)Lower
Don Mills
17 buildings · $2,375/mo
-$641/mo (-21.3%)Lower
Etobicoke North
14 buildings · $2,302/mo
-$714/mo (-23.7%)Lower
Etobicoke Centre
13 buildings · $2,593/mo
-$423/mo (-14.0%)Lower
Scarborough South
12 buildings · $2,997/mo
-$19/mo (-0.6%)Lower
Scarborough East
12 buildings · $2,650/mo
-$366/mo (-12.1%)Lower
Scarborough West
12 buildings · $2,250/mo
-$766/mo (-25.4%)Lower
Etobicoke South
11 buildings · $2,499/mo
-$517/mo (-17.1%)Lower
Willowdale
10 buildings · $2,700/mo
-$316/mo (-10.5%)Lower
North York City Centre
7 buildings · $2,639/mo
-$377/mo (-12.5%)Lower
Etobicoke Kingsway
6 buildings · $2,300/mo
-$716/mo (-23.7%)Lower
Weston
5 buildings · $2,578/mo
-$438/mo (-14.5%)Lower
Scarborough City Centre
3 buildings · $2,245/mo
-$771/mo (-25.6%)Lower
Mimico
3 buildings · $2,661/mo
-$355/mo (-11.8%)Lower
North York West
3 buildings · $2,000/mo
-$1,016/mo (-33.7%)Lower
York Mills
2 buildings · $1,825/mo
-$1,191/mo (-39.5%)Lower
Halton Hills
1 building · $2,770/mo
-$246/mo (-8.2%)Lower