Entertainment District Rental Comps & Market Trends
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 50 tracked properties across Entertainment District, Toronto.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Entertainment District
Closed Leases
Transactions that closed in August 2026 across Entertainment District
Entertainment District Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Entertainment District Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Entertainment District, Toronto.
| Action | |||||
|---|---|---|---|---|---|
No. 55 Mercer 55 Mercer St | $2,931/mo | $4.54/SF | 12leases | 9units | Comps |
Nobu Residences 15 & 35 Mercer St | $2,982/mo | $4.51/SF | 11leases | 14units | Comps |
Theatre District 8 Widmer St | $2,680/mo | $4.68/SF | 10leases | 13units | Comps |
King Blue - South Tower 115 Blue Jays Way | $2,360/mo | $4.38/SF | 10leases | 12units | Comps |
87 Peter 87 Peter St | $2,400/mo | $4.77/SF | 9leases | 9units | Comps |
Fly Condominiums 352 Front St W | $2,591/mo | $4.27/SF | 9leases | 6units | Comps |
King Blue - King Tower 125 Blue Jays Way | $3,386/mo | $4.35/SF | 7leases | 11units | Comps |
Picasso 318 Richmond St W | $2,521/mo | $4.17/SF | 7leases | 4units | Comps |
Maverick 327 King St W | $2,558/mo | $4.66/SF | 6leases | 9units | Comps |
Cinema Tower 21 Widmer St | $2,842/mo | $4.25/SF | 6leases | 8units | Comps |
on Adelaide 295 Adelaide St W | $2,658/mo | $4.25/SF | 6leases | 7units | Comps |
330 Richmond 330 Richmond St W | $2,429/mo | $4.16/SF | 6leases | 5units | Comps |
The Bond 290 Adelaide St W | $2,825/mo | $4.55/SF | 6leases | 4units | Comps |
M5V Condominiums 375 King St W | $2,650/mo | $4.23/SF | 6leases | 2units | Comps |
The PJ Condos 99 John St | $3,118/mo | $4.71/SF | 6leases | 0units | Comps |
Boutique Condos II 126 Simcoe St | $2,958/mo | $4.18/SF | 6leases | 0units | Comps |
Bisha 88 Blue Jays Way | $3,070/mo | $4.88/SF | 5leases | 6units | Comps |
Central Condos 38 Widmer St | $3,760/mo | $4.68/SF | 5leases | 3units | Comps |
King Charlotte 11 Charlotte St | $2,659/mo | $6.29/SF | 5leases | 3units | Comps |
Encore at Theatre District 28 Widmer St | $2,780/mo | $4.29/SF | 5leases | 2units | Comps |
Studio 2 30 Nelson St | $3,263/mo | $4.35/SF | 4leases | 8units | Comps |
Festival Tower 80 John St | $2,660/mo | $4.23/SF | 4leases | 5units | Comps |
357 King West 357 King St W | $2,313/mo | $4.20/SF | 4leases | 5units | Comps |
Charlie 8 Charlotte St | $2,675/mo | $4.22/SF | 4leases | 4units | Comps |
Tableau Condominiums 125 Peter St | $2,563/mo | $4.58/SF | 4leases | 1unit | Comps |
Studio 199 Richmond St W | $2,550/mo | $4.39/SF | 3leases | 2units | Comps |
The Icon I 270 Wellington St W | $2,567/mo | $3.95/SF | 3leases | 2units | Comps |
Boutique Condos I 21 Nelson St | $2,183/mo | $4.32/SF | 3leases | 1unit | Comps |
Smart House 215 Queen St W | $2,533/mo | $4.49/SF | 3leases | 0units | Comps |
The Icon II 250 Wellington St W | $2,475/mo | $4.50/SF | 2leases | 4units | Comps |
Peter Street Condos 101 Peter St | $3,225/mo | $4.61/SF | 2leases | 3units | Comps |
Theatre Park 224 King St W | $2,875/mo | $4.60/SF | 2leases | 2units | Comps |
263 Wellington West 263 Wellington St W | $3,100/mo | $3.44/SF | 2leases | 1unit | Comps |
The Rosemont Residences 50 John Street | $2,798/mo | $3.66/SF | 2leases | 0units | Comps |
The Mercer 8 Mercer St | $2,300/mo | $4.04/SF | 1lease | 8units | Comps |
Element 20 Blue Jays Way | $2,500/mo | $3.85/SF | 1lease | 7units | Comps |
Three Hundred 300 Front St W | $9,000/mo | $5.29/SF | 1lease | 4units | Comps |
Soho Grand I 36 Blue Jays Way | $3,795/mo | $3.45/SF | 1lease | 3units | Comps |
Gläs 25 Oxley St | $3,200/mo | $3.93/SF | 1lease | 3units | Comps |
Soho Grand II 350 Wellington St W | $2,100/mo | $3.82/SF | 1lease | 3units | Comps |
District Lofts 388 Richmond St W | $4,000/mo | $4.21/SF | 1lease | 2units | Comps |
University 140 Simcoe St | $2,100/mo | $5.25/SF | 1lease | 1unit | Comps |
Hudson 438 King St W | $3,500/mo | $4.67/SF | 1lease | 1unit | Comps |
Qwest 168 Simcoe St | $2,500/mo | $4.55/SF | 1lease | 1unit | Comps |
Residences 183 Wellington St W | $9,000/mo | $6.00/SF | 1lease | 1unit | Comps |
The Taylor 57 Spadina Avenue | $3,248(ask) | $5.58 (ask) | 0leases | 3units | Comps |
261 Queen Street W 261 Queen Street W | $3,500(ask) | $3.57 (ask) | 0leases | 1unit | Comps |
Peter + Adelaide 108 Peter St | — | — | 0leases | 0units | Comps |
393 on King West 393 King St W | — | — | 0leases | 0units | Comps |
The Charlotte 36 Charlotte St | — | — | 0leases | 0units | Comps |
55 Mercer St
15 & 35 Mercer St
8 Widmer St
115 Blue Jays Way
87 Peter St
352 Front St W
125 Blue Jays Way
318 Richmond St W
327 King St W
21 Widmer St
295 Adelaide St W
330 Richmond St W
290 Adelaide St W
375 King St W
99 John St
126 Simcoe St
88 Blue Jays Way
38 Widmer St
11 Charlotte St
28 Widmer St
30 Nelson St
80 John St
357 King St W
8 Charlotte St
125 Peter St
199 Richmond St W
270 Wellington St W
21 Nelson St
215 Queen St W
250 Wellington St W
101 Peter St
224 King St W
263 Wellington St W
50 John Street
8 Mercer St
20 Blue Jays Way
300 Front St W
36 Blue Jays Way
25 Oxley St
350 Wellington St W
388 Richmond St W
140 Simcoe St
438 King St W
168 Simcoe St
183 Wellington St W
57 Spadina Avenue
261 Queen Street W
108 Peter St
393 King St W
36 Charlotte St
Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Entertainment District.
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.
Entertainment District Rental Market Dynamics & Local Yield Trends
Toronto's Dynamic Cultural, Hospitality & Tech Creative Corridor
Centred along King Street West, Adelaide Street West, and Mercer Street, the Entertainment District has transformed into one of North America's premier urban nightlife, tech, and cultural hubs. Home to TIFF Bell Lightbox, the Royal Alexandra and Princess of Wales theatres, and corporate tech hubs, this submarket attracts high-earning young professionals who value 24/7 urban vibrancy.
Serviced by the 504 King streetcar transit priority corridor—one of the highest-ridership surface transit routes in Toronto—and within walking distance to St. Andrew and Osgoode subway stations on Line 1. The Financial District is less than a 10-minute walk east.
A striking mix of architectural high-rises soaring 40 to 60 storeys, frequently integrated with historic brick-and-beam podium facades, upscale boutique hotel-condo partnerships (such as Bisha and King Blue), and high-end residential suites with floor-to-ceiling windows.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Entertainment District is currently $2,807/month ($4.41/SF), with an average leasing velocity of 18 Days on Market. Compared to the overall Toronto municipal benchmark ($2,770/month), Entertainment District trades at a 1% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from University ($2,100/mo) to Three Hundred ($9,000/mo).
Currently across Entertainment District's 50 tracked multi-family properties, there are 203 active rental listings with an average asking rent of $3,137/month ($5.06/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,807/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective renters should consider exposure: north- and east-facing suites overlook downtown architecture, while south-facing units offer lake views. Noise-dampening double-glazed glass is standard in modern builds. With an average of 18 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
Demand remains robust year-round. Landlords should leverage professional tenant screening to verify income-to-rent ratios (ideally keeping rent under 35-40% of gross household income) for long-term lease stability. At an average rent of $2,807/mo, each day of vacancy costs $94/day. Pricing your listing accurately to 30-day verified comps eliminates costly extended marketing periods and protects your annual net operating income.
For Realtors
Feature walkability to King West dining and the Financial District in listing copy. Concierge services, rooftop pools, and fitness centers are major decision drivers for incoming corporate tenants. Utilize granular building-level $/SF comps across Entertainment District's 50 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.
Entertainment District Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Entertainment District, Toronto
Based on lease transactions tracked by FastScreen in August 2026 across 50 tracked condominium and apartment buildings in Entertainment District, realized rents by unit layout average:
- Studio / Bachelor:$1,999/mo($4.85/SF · 417 SF)+$115 vs Toronto avg
- 1-Bedroom:$2,353/mo($4.47/SF · 535 SF)+$82 vs Toronto avg
- 1-Bedroom + Den:$2,636/mo($4.25/SF · 623 SF)+$171 vs Toronto avg
- 2-Bedroom:$3,219/mo($4.34/SF · 749 SF)+$172 vs Toronto avg
- 2-Bedroom + Den:$3,500/mo($4.44/SF · 790 SF)+$176 vs Toronto avg
- 3-Bedroom+:$4,800/mo($4.39/SF · 1090 SF)+$645 vs Toronto avg
Overall market leasing across all unit layouts averaged $2,807/month ($4.41/SF) with an average of 18 Days on Market. Active rental listings currently average $3,137/month ($5.06/SF) for an average unit size of 646 SF.
Explore Other Toronto Submarkets
Compare neighbourhood comps and rental rates for leased units across Toronto against Entertainment District