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

Based on lease transactions tracked by FastScreen in August 2026 across 19 tracked condominium and apartment buildings in Parkdale, realized rents by unit layout average: • Studio / Bachelor: $1,250/month ($3.13/SF · 400 SF) · -$634 (-33.7%) vs Toronto avg • 1-Bedroom: $1,950/month ($4.88/SF · 400 SF) · -$321 (-14.1%) vs Toronto avg • 1-Bedroom + Den: $2,275/month ($3.50/SF · 650 SF) · -$190 (-7.7%) vs Toronto avg • 2-Bedroom: $4,875/month ($4.95/SF · 975 SF) · +$1,828 (+60.0%) vs Toronto avg • 2-Bedroom + Den: $3,500/month ($3.72/SF · 940 SF) · +$176 (+5.3%) vs Toronto avg • 3-Bedroom+: $4,376/month ($3.71/SF · 1180 SF) · +$221 (+5.3%) vs Toronto avg Overall market leasing across all unit layouts averaged $2,917/month ($4.15/SF), with an average of 25 Days on Market. Active rental listings currently average $2,900/month ($4.53/SF) for an average unit size of 640 SF.

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

In Parkdale, 383 Sorauren represents a top-tier premium building with an average lease rate of $5,900/month ($5.36/SF). Conversely, 1371 King Street W offers more accessible pricing, averaging $1,250/month ($3.13/SF). Pricing varies based on building vintage, interior finishes, suite square footage, and amenity offerings.

What are the postal code FSAs for Parkdale?

FastScreen tracks verified condominium and apartment listings and closed lease transactions across Parkdale's primary postal code Forward Sortation Areas (FSAs): M6K, M6R. These postal districts encompass 19 tracked multi-family properties throughout Toronto.

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

The average Days on Market (DOM) for realized leases in Parkdale is 25 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 Parkdale to avoid vacancy loss?

Landlords in Parkdale should benchmark initial asking rents against verified 30-day closed lease comps rather than peak active listings. At an average rent of $2,917/month, each day of vacancy costs $97 in lost gross revenue. Overpricing a suite by $100/month and sitting vacant for 30 additional days costs $2,917, which takes 29 months of collecting that higher rent just to break even.

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

When marketing a condominium or apartment rental in Parkdale, 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

Parkdale Rental Comps & Market Trends

Name: Parkdale, Toronto Rental Market Intelligence & Lease Benchmark Dataset
Creator: FastScreen

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 19 tracked properties across Parkdale, Toronto.

Postal Codes Covered:M6K, M6R

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Parkdale

Active Listings

5units

Across 19 buildings

Average Asking Rent

$2,900/mo

+1.2% Asking Trend

Average Unit Size

640SF

Asking layout average

Average Asking / SF

$4.53/SF

Current asking rate

Average Days on Market

43days

Active listing age

Closed Leases

Transactions that closed in August 2026 across Parkdale

Units Leased

6closed

Executed transactions

Average Leased Rent

$2,917/mo

+3.5% MoM Delta

Average Leased SF

675SF

Executed size average

Average Leased / SF

$4.15/SF

Realized per-foot rate

Average Days on Market

25days

Days to execute lease

Parkdale Rental Rates by Unit Layout

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

Studio / Bachelor

$1,250/mo

$3.13/SF · 400 SF

-$634 vs Toronto

1-Bedroom

$1,950/mo

$4.88/SF · 400 SF

-$321 vs Toronto

1-Bedroom + Den

$2,275/mo

$3.50/SF · 650 SF

-$190 vs Toronto

2-Bedroom

$4,875/mo

$4.95/SF · 975 SF

+$1,828 vs Toronto

2-Bedroom + Den

$3,500/mo

$3.72/SF · 940 SF

+$176 vs Toronto

3-Bedroom+

$4,376/mo

$3.71/SF · 1180 SF

+$221 vs Toronto

Parkdale Tracked Buildings & Lease Comps

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

							Action
XO Condos 270 Dufferin St	$2,167/mo	$3.96/SF	3leases	13days	3units	307suites	Comps
57 Brock 57 Brock Ave	$2,215/mo	$4.03/SF	3leases	33days	0units	103suites	Comps
383 Sorauren 383 Sorauren Ave	$5,900/mo	$5.36/SF	1lease	57days	2units	142suites	Comps
Maddox Tyndall 115-135 Tyndall Avenue	$2,370/mo	$3.65/SF	1lease	8days	0units	330suites	Comps
Howard Park 2 38 Howard Park Ave	$3,450/mo	$4.59/SF	1lease	15days	0units	90suites	Comps
Howard Park 24-36 Howard Park Ave	$3,850/mo	$4.53/SF	1lease	14days	0units	81suites	Comps
Robert Watson Lofts - New 369 Sorauren Ave	$3,200/mo	$4.27/SF	1lease	3days	0units	79suites	Comps
Q Loft 1205 Queen St W	$4,000/mo	$6.67/SF	1lease	28days	0units	70suites	Comps
1371 King Street W 1371 King Street W	$1,250/mo	$3.13/SF	1lease	40days	0units	—	Comps
320 Roncesvalles Avenue 320 Roncesvalles Avenue	$2,300/mo	$5.75/SF	1lease	38days	0units	—	Comps
Tyndall Tower 118 Tyndall Avenue	—	—	0leases	—	0units	93suites	Comps
High Park Lofts 437 Roncesvalles Ave	—	—	0leases	—	0units	90suites	Comps
Noble Court 24 Noble St	—	—	0leases	—	0units	79suites	Comps
Robert Watson Lofts - Vintage 363 Sorauren Ave	—	—	0leases	—	0units	74suites	Comps
Roncesvalles Lofts 25 Ritchie Ave	—	—	0leases	—	0units	56suites	Comps
The Lofts 347 Sorauren Ave	—	—	0leases	—	0units	44suites	Comps
Feather Factory Lofts 2154 Dundas St W	—	—	0leases	—	0units	43suites	Comps
Brock Lofts 27 Brock Ave	—	—	0leases	—	0units	23suites	Comps
1a Elm Grove Avenue 1a Elm Grove Avenue	—	—	0leases	—	0units	—	Comps

XO Condos

270 Dufferin St

$2,167

avg leased

Leased $/SF: $3.96/SF

Days on Market: 13d

Closed Leases: 3

Active Supply: 3 units

307 Total SuitesBuilding Comps

57 Brock

57 Brock Ave

$2,215

avg leased

Leased $/SF: $4.03/SF

Days on Market: 33d

Closed Leases: 3

Active Supply: 0 units

103 Total SuitesBuilding Comps

383 Sorauren

383 Sorauren Ave

$5,900

avg leased

Leased $/SF: $5.36/SF

Days on Market: 57d

Closed Leases: 1

Active Supply: 2 units

142 Total SuitesBuilding Comps

Maddox Tyndall

115-135 Tyndall Avenue

$2,370

avg leased

Leased $/SF: $3.65/SF

Days on Market: 8d

Closed Leases: 1

Active Supply: 0 units

330 Total SuitesBuilding Comps

Howard Park 2

38 Howard Park Ave

$3,450

avg leased

Leased $/SF: $4.59/SF

Days on Market: 15d

Closed Leases: 1

Active Supply: 0 units

90 Total SuitesBuilding Comps

Howard Park

24-36 Howard Park Ave

$3,850

avg leased

Leased $/SF: $4.53/SF

Days on Market: 14d

Closed Leases: 1

Active Supply: 0 units

81 Total SuitesBuilding Comps

Robert Watson Lofts - New

369 Sorauren Ave

$3,200

avg leased

Leased $/SF: $4.27/SF

Days on Market: 3d

Closed Leases: 1

Active Supply: 0 units

79 Total SuitesBuilding Comps

Q Loft

1205 Queen St W

$4,000

avg leased

Leased $/SF: $6.67/SF

Days on Market: 28d

Closed Leases: 1

Active Supply: 0 units

70 Total SuitesBuilding Comps

1371 King Street W

$1,250

avg leased

Leased $/SF: $3.13/SF

Days on Market: 40d

Closed Leases: 1

Active Supply: 0 units

Condo ResidenceBuilding Comps

320 Roncesvalles Avenue

$2,300

avg leased

Leased $/SF: $5.75/SF

Days on Market: 38d

Closed Leases: 1

Active Supply: 0 units

Condo ResidenceBuilding Comps

Tyndall Tower

118 Tyndall Avenue

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

93 Total SuitesBuilding Comps

High Park Lofts

437 Roncesvalles Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

90 Total SuitesBuilding Comps

Noble Court

24 Noble St

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

79 Total SuitesBuilding Comps

Robert Watson Lofts - Vintage

363 Sorauren Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

74 Total SuitesBuilding Comps

Roncesvalles Lofts

25 Ritchie Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

56 Total SuitesBuilding Comps

The Lofts

347 Sorauren Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

44 Total SuitesBuilding Comps

Feather Factory Lofts

2154 Dundas St W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

43 Total SuitesBuilding Comps

Brock Lofts

27 Brock Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

23 Total SuitesBuilding Comps

1a Elm Grove 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 Parkdale.

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.

Parkdale Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Parkdale

Parkdale is an established residential submarket within Toronto, comprising 19 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 Parkdale 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 Parkdale 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 Parkdale is currently $2,917/month ($4.15/SF), with an average leasing velocity of 25 Days on Market. Compared to the overall Toronto municipal benchmark ($2,770/month), Parkdale trades at a 5% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from 1371 King Street W ($1,250/mo) to 383 Sorauren ($5,900/mo).

Currently across Parkdale's 19 tracked multi-family properties, there are 5 active rental listings with an average asking rent of $2,900/month ($4.53/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,917/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 Parkdale to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 25 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 $2,917/mo, each day of vacancy costs $97/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 Parkdale to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Parkdale's 19 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

Parkdale Rental Market & Leasing FAQs

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

Based on lease transactions tracked by FastScreen in August 2026 across 19 tracked condominium and apartment buildings in Parkdale, realized rents by unit layout average:

Studio / Bachelor:$1,250/mo($3.13/SF · 400 SF)
-$634 vs Toronto avg
1-Bedroom:$1,950/mo($4.88/SF · 400 SF)
-$321 vs Toronto avg
1-Bedroom + Den:$2,275/mo($3.50/SF · 650 SF)
-$190 vs Toronto avg
2-Bedroom:$4,875/mo($4.95/SF · 975 SF)
+$1,828 vs Toronto avg
2-Bedroom + Den:$3,500/mo($3.72/SF · 940 SF)
+$176 vs Toronto avg
3-Bedroom+:$4,376/mo($3.71/SF · 1180 SF)
+$221 vs Toronto avg

Overall market leasing across all unit layouts averaged $2,917/month ($4.15/SF) with an average of 25 Days on Market. Active rental listings currently average $2,900/month ($4.53/SF) for an average unit size of 640 SF.