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

Based on lease transactions tracked by FastScreen in August 2026 across 17 tracked condominium and apartment buildings in Oakwood, realized rents by unit layout average: • Studio / Bachelor: $1,395/month ($3.62/SF · 385 SF) · -$489 (-26.0%) vs Toronto avg • 1-Bedroom: $1,450/month ($3.63/SF · 400 SF) · -$821 (-36.2%) vs Toronto avg • 1-Bedroom + Den: $1,668/month ($2.61/SF · 640 SF) · -$797 (-32.3%) vs Toronto avg • 2-Bedroom: $2,200/month ($3.38/SF · 650 SF) · -$847 (-27.8%) vs Toronto avg • 2-Bedroom + Den: $2,450/month ($3.27/SF · 750 SF) · -$874 (-26.3%) vs Toronto avg • 3-Bedroom+: $2,811/month ($2.38/SF · 1180 SF) · -$1,344 (-32.3%) vs Toronto avg Overall market leasing across all unit layouts averaged $1,874/month ($3.47/SF), with an average of 58 Days on Market. Active rental listings currently average $1,917/month ($4.79/SF) for an average unit size of 400 SF.

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

In Oakwood, Keelesdale represents a top-tier premium building with an average lease rate of $3,500/month ($2.33/SF). Conversely, 1582 Bathurst Street offers more accessible pricing, averaging $1,395/month ($3.62/SF). Pricing varies based on building vintage, interior finishes, suite square footage, and amenity offerings.

What are the postal code FSAs for Oakwood?

FastScreen tracks verified condominium and apartment listings and closed lease transactions across Oakwood's primary postal code Forward Sortation Areas (FSAs): M5P, M6B, M6C, M6E, M6M. These postal districts encompass 17 tracked multi-family properties throughout Toronto.

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

The average Days on Market (DOM) for realized leases in Oakwood is 58 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 Oakwood to avoid vacancy loss?

Landlords in Oakwood should benchmark initial asking rents against verified 30-day closed lease comps rather than peak active listings. At an average rent of $1,874/month, each day of vacancy costs $62 in lost gross revenue. Overpricing a suite by $100/month and sitting vacant for 30 additional days costs $1,874, which takes 19 months of collecting that higher rent just to break even.

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

When marketing a condominium or apartment rental in Oakwood, 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

Oakwood Rental Comps & Market Trends

Name: Oakwood, 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 Oakwood, Toronto.

Postal Codes Covered:M5P, M6B, M6C, M6E, M6M

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Oakwood

Active Listings

3units

Across 17 buildings

Average Asking Rent

$1,917/mo

+1.2% Asking Trend

Average Unit Size

400SF

Asking layout average

Average Asking / SF

$4.79/SF

Current asking rate

Average Days on Market

22days

Active listing age

Closed Leases

Transactions that closed in August 2026 across Oakwood

Units Leased

4closed

Executed transactions

Average Leased Rent

$1,874/mo

-10.7% MoM Delta

Average Leased SF

546SF

Executed size average

Average Leased / SF

$3.47/SF

Realized per-foot rate

Average Days on Market

58days

Days to execute lease

Oakwood Rental Rates by Unit Layout

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

Studio / Bachelor

$1,395/mo

$3.62/SF · 385 SF

-$489 vs Toronto

1-Bedroom

$1,450/mo

$3.63/SF · 400 SF

-$821 vs Toronto

1-Bedroom + Den

$1,668/mo

$2.61/SF · 640 SF

-$797 vs Toronto

2-Bedroom

$2,200/mo

$3.38/SF · 650 SF

-$847 vs Toronto

2-Bedroom + Den

$2,450/mo

$3.27/SF · 750 SF

-$874 vs Toronto

3-Bedroom+

$2,811/mo

$2.38/SF · 1180 SF

-$1,344 vs Toronto

Oakwood Tracked Buildings & Lease Comps

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

							Action
1545 Bathurst 1545 Bathurst Street	$2,045/mo	$4.06/SF	2leases	15days	2units	56suites	Comps
1500 Bathurst 1500 Bathurst Street	$1,900/mo	$4.05/SF	2leases	17days	0units	107suites	Comps
98 Vaughan 98 Vaughan Road	$1,450/mo	$3.63/SF	1lease	11days	1unit	72suites	Comps
50 Lotherton 940 Caledonia Road	$2,450/mo	$3.27/SF	1lease	47days	0units	744suites	Comps
Keelesdale 2175 Keele Street	$3,500/mo	$2.33/SF	1lease	66days	0units	244suites	Comps
100 Lotherton Pathway 100 Lotherton Pathway	$2,200/mo	$3.38/SF	1lease	47days	0units	165suites	Comps
1582 Bathurst Street 1582 Bathurst Street	$1,395/mo	$3.62/SF	1lease	126days	0units	—	Comps
965 Eglinton Avenue W 965 Eglinton Avenue W	$2,650/mo	$3.53/SF	1lease	53days	0units	—	Comps
Oakwood Oasis 591 Oakwood Avenue	$3,450/mo	$3.63/SF	1lease	20days	0units	—	Comps
The Cricket Park 7 Fairbank Avenue W	—	—	0leases	—	0units	221suites	Comps
Blackthorn Manor 541 Blackthorn Avenue	—	—	0leases	—	0units	183suites	Comps
Keelesdale 90-165 Canon Jackson Drive	—	—	0leases	—	0units	172suites	Comps
2515 Eglinton Avenue W 2515 Eglinton Avenue W	—	—	0leases	—	0units	60suites	Comps
839 Roselawn 839 Roselawn Avenue	—	—	0leases	—	0units	39suites	Comps
105 Raglan Avenue 105 Raglan Avenue	—	—	0leases	—	0units	35suites	Comps
Bansley Apartments 1 Bansley Avenue	—	—	0leases	—	0units	20suites	Comps
625 Harvie Avenue 625 Harvie Avenue	—	—	0leases	—	0units	—	Comps

1545 Bathurst

1545 Bathurst Street

$2,045

avg leased

Leased $/SF: $4.06/SF

Days on Market: 15d

Closed Leases: 2

Active Supply: 2 units

56 Total SuitesBuilding Comps

1500 Bathurst

1500 Bathurst Street

$1,900

avg leased

Leased $/SF: $4.05/SF

Days on Market: 17d

Closed Leases: 2

Active Supply: 0 units

107 Total SuitesBuilding Comps

98 Vaughan

98 Vaughan Road

$1,450

avg leased

Leased $/SF: $3.63/SF

Days on Market: 11d

Closed Leases: 1

Active Supply: 1 units

72 Total SuitesBuilding Comps

50 Lotherton

940 Caledonia Road

$2,450

avg leased

Leased $/SF: $3.27/SF

Days on Market: 47d

Closed Leases: 1

Active Supply: 0 units

744 Total SuitesBuilding Comps

Keelesdale

2175 Keele Street

$3,500

avg leased

Leased $/SF: $2.33/SF

Days on Market: 66d

Closed Leases: 1

Active Supply: 0 units

244 Total SuitesBuilding Comps

100 Lotherton Pathway

$2,200

avg leased

Leased $/SF: $3.38/SF

Days on Market: 47d

Closed Leases: 1

Active Supply: 0 units

165 Total SuitesBuilding Comps

1582 Bathurst Street

$1,395

avg leased

Leased $/SF: $3.62/SF

Days on Market: 126d

Closed Leases: 1

Active Supply: 0 units

Condo ResidenceBuilding Comps

965 Eglinton Avenue W

$2,650

avg leased

Leased $/SF: $3.53/SF

Days on Market: 53d

Closed Leases: 1

Active Supply: 0 units

Condo ResidenceBuilding Comps

Oakwood Oasis

591 Oakwood Avenue

$3,450

avg leased

Leased $/SF: $3.63/SF

Days on Market: 20d

Closed Leases: 1

Active Supply: 0 units

Condo ResidenceBuilding Comps

The Cricket Park

7 Fairbank Avenue W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

221 Total SuitesBuilding Comps

Blackthorn Manor

541 Blackthorn Avenue

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

183 Total SuitesBuilding Comps

Keelesdale

90-165 Canon Jackson Drive

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

172 Total SuitesBuilding Comps

2515 Eglinton Avenue W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

60 Total SuitesBuilding Comps

839 Roselawn

839 Roselawn Avenue

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

39 Total SuitesBuilding Comps

105 Raglan Avenue

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

35 Total SuitesBuilding Comps

Bansley Apartments

1 Bansley Avenue

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

20 Total SuitesBuilding Comps

625 Harvie Avenue

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 Oakwood.

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.

Oakwood Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Oakwood

Oakwood 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 Oakwood 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 Oakwood 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 Oakwood is currently $1,874/month ($3.47/SF), with an average leasing velocity of 58 Days on Market. Compared to the overall Toronto municipal benchmark ($2,770/month), Oakwood trades at a 32% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from 1582 Bathurst Street ($1,395/mo) to Keelesdale ($3,500/mo).

Currently across Oakwood's 17 tracked multi-family properties, there are 3 active rental listings with an average asking rent of $1,917/month ($4.79/SF). For closed transactions executed in August 2026, realized lease agreements averaged $1,874/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 Oakwood to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 58 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 $1,874/mo, each day of vacancy costs $62/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 Oakwood to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Oakwood'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

Oakwood Rental Market & Leasing FAQs

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

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

Studio / Bachelor:$1,395/mo($3.62/SF · 385 SF)
-$489 vs Toronto avg
1-Bedroom:$1,450/mo($3.63/SF · 400 SF)
-$821 vs Toronto avg
1-Bedroom + Den:$1,668/mo($2.61/SF · 640 SF)
-$797 vs Toronto avg
2-Bedroom:$2,200/mo($3.38/SF · 650 SF)
-$847 vs Toronto avg
2-Bedroom + Den:$2,450/mo($3.27/SF · 750 SF)
-$874 vs Toronto avg
3-Bedroom+:$2,811/mo($2.38/SF · 1180 SF)
-$1,344 vs Toronto avg

Overall market leasing across all unit layouts averaged $1,874/month ($3.47/SF) with an average of 58 Days on Market. Active rental listings currently average $1,917/month ($4.79/SF) for an average unit size of 400 SF.