Junction Apartments for Rent & Condo Comps

The Junction's average realized lease price is $2,494 per month ($3.77 per square foot), based on 22 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market ranges between $2,000 per month (25th percentile) and $2,500 per month (75th percentile), with a median rent of $2,200 per month. This places Junction rental rates at an 11.59% discount compared to the broader Toronto municipal average of $2,821 per month.

The average rent for a 1-bedroom apartment in the Junction, Toronto is $2,117 per month ($3.82 per square foot), while 1-bedroom plus den suites average $2,240 per month based on 30-day tracking data ending September 30, 2026. Over a 180-day window, standard 1-bedroom units average $2,033 per month across 548 square feet. Most 1-bedroom units lease between $1,900 per month (25th percentile) and $2,100 per month (75th percentile).

The average rent for a 2-bedroom apartment in the Junction, Toronto is $2,992 per month ($3.98 per square foot), while 2-bedroom plus den suites average $3,067 per month based on 30-day tracking data ending September 30, 2026. Over a 180-day window, standard 2-bedroom units average $2,692 per month across 732 square feet. Most 2-bedroom units lease between $2,400 per month (25th percentile) and $2,700 per month (75th percentile), representing an average rent step-up of $659 and 184 square feet compared to a 1-bedroom layout.

Three-bedroom apartment rentals in the Junction represent a highly scarce inventory segment with zero closed transactions recorded in the current tracking period. Active listings for 3-bedroom plus configurations average $3,650 per month across an average of 1,375 square feet. Renters seeking multi-bedroom layouts should monitor active listings closely as larger suites become available.

Within the Junction, Victoria Lofts commands the highest average lease rate at approximately $3,950 per month, while entry-level private transactions across tracked submarket inventory start around $1,549 per month, with developments like The Crossways - Phase 1 recording average lease rates starting at $1,671 per month across 5 leases.

The Junction rents average $2,494 per month, which is lower than the overall Toronto average of $2,821 per month (a spread of -$327 per month or -11.59%). Properties in the Junction spend an average of 17 days on the market—leasing 1 day faster than the broader Toronto municipal benchmark of 18 days.

Condo and apartment rentals in the Junction primarily fall within postal forward sortation areas (FSAs) such as M6H.

Rental listings in the Junction spend an average of 17 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 1 day faster than the broader Toronto municipal benchmark of 18 days.

With active listings averaging $2,456 per month against closed leases at $2,494 per month—an asking-to-realized spread of -$38 per month—landlords are advised to align asking prices closely with recent closed lease benchmarks rather than aspirational asking rates to prevent vacancy extending past the submarket average of 17 days.

Reserved parking in the Junction adds an estimated $191 to $418 per month across 1-bedroom and 2-bedroom layouts 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.