Parkdale Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 19 tracked properties across Parkdale, Toronto.
Parkdale Rental Market Overview
As of late summer 2026, the Parkdale submarket within the municipality of Toronto—concentrated primarily around postal forward sortation area M6K—presents a compelling value opportunity for renters seeking a discount relative to the wider city. Backed by 19 tracked buildings, the local market recorded an average realized rent of $2,561 based on 12 closed leases over the trailing 30 days, operating alongside 14 active listings currently on the market. This places Parkdale rents at an average discount of $260, or 9.22%, compared to the broader Toronto municipal benchmark of $2,821 per month.
Market pricing reflects a modest spread between expectations and execution, with active asking rents averaging $2,458 per month against closed lease figures, resulting in an asking-to-realized spread of -$103 per month. One-bedroom and 1-bedroom plus den configurations drive the majority of transaction volume across the submarket's tracked multi-residential inventory, supported by steady turnover and balanced tenant demand.
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Analyze verified lease comps and active asking rates across 19 buildings in Parkdale.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Parkdale
Closed Leases
Transactions that closed in September 2026 across Parkdale
Parkdale Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
Parkdale Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Parkdale, Toronto.
| Action | |||||
|---|---|---|---|---|---|
XO Condos 270 Dufferin St | $2,725/mo | $4.38/SF | 4leases | 7units | Comps |
383 Sorauren 383 Sorauren Ave | $2,586/mo | $3.90/SF | 4leases | 0units | Comps |
Maddox Tyndall 115-135 Tyndall Avenue | $2,370/mo | $3.65/SF | 1lease | 3units | Comps |
Robert Watson Lofts - New 369 Sorauren Ave | $3,200/mo | $4.27/SF | 1lease | 1unit | Comps |
57 Brock 57 Brock Ave | $2,550/mo | $4.64/SF | 1lease | 0units | Comps |
Howard Park 2 38 Howard Park Ave | $2,650/mo | $4.42/SF | 1lease | 0units | Comps |
Howard Park 24-36 Howard Park Ave | $2,035/mo | $5.29/SF | 1lease | 0units | Comps |
Q Loft 1205 Queen St W | $2,250/mo | $4.09/SF | 1lease | 0units | Comps |
1371 King Street W 1371 King Street W | $1,250/mo | $3.13/SF | 1lease | 0units | Comps |
320 Roncesvalles Avenue 320 Roncesvalles Avenue | $2,300/mo | $5.75/SF | 1lease | 0units | Comps |
Roncesvalles Lofts 25 Ritchie Ave | $2,400(ask) | $4.36 (ask) | 0leases | 1unit | Comps |
Feather Factory Lofts 2154 Dundas St W | $2,600(ask) | $4.73 (ask) | 0leases | 1unit | Comps |
1a Elm Grove Avenue 1a Elm Grove Avenue | $1,600(ask) | $4.00 (ask) | 0leases | 1unit | Comps |
Tyndall Tower 118 Tyndall Avenue | — | — | 0leases | 0units | Comps |
High Park Lofts 437 Roncesvalles Ave | — | — | 0leases | 0units | Comps |
Noble Court 24 Noble St | — | — | 0leases | 0units | Comps |
Robert Watson Lofts - Vintage 363 Sorauren Ave | — | — | 0leases | 0units | Comps |
The Lofts 347 Sorauren Ave | — | — | 0leases | 0units | Comps |
Brock Lofts 27 Brock Ave | — | — | 0leases | 0units | Comps |
270 Dufferin St
383 Sorauren Ave
115-135 Tyndall Avenue
369 Sorauren Ave
57 Brock Ave
38 Howard Park Ave
24-36 Howard Park Ave
1205 Queen St W
1371 King Street W
320 Roncesvalles Avenue
25 Ritchie Ave
2154 Dundas St W
1a Elm Grove Avenue
118 Tyndall Avenue
437 Roncesvalles Ave
24 Noble St
363 Sorauren Ave
347 Sorauren Ave
27 Brock Ave
Derived from verified closed lease contracts finalized during September 2026 across multi-residential buildings in Parkdale.
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.
Parkdale Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Parkdale
As of late summer 2026, the Parkdale submarket within the municipality of Toronto—concentrated primarily around postal forward sortation area M6K—presents a compelling value opportunity for renters seeking a discount relative to the wider city. Backed by 19 tracked buildings, the local market recorded an average realized rent of $2,561 based on 12 closed leases over the trailing 30 days, operating alongside 14 active listings currently on the market. This places Parkdale rents at an average discount of $260, or 9.22%, compared to the broader Toronto municipal benchmark of $2,821 per month.
Market pricing reflects a modest spread between expectations and execution, with active asking rents averaging $2,458 per month against closed lease figures, resulting in an asking-to-realized spread of -$103 per month. One-bedroom and 1-bedroom plus den configurations drive the majority of transaction volume across the submarket's tracked multi-residential inventory, supported by steady turnover and balanced tenant demand.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Parkdale is currently $2,561/month ($4.30/SF), with an average leasing velocity of 23 Days on Market. Compared to the overall Toronto municipal benchmark ($2,820/month), Parkdale trades at a 9% discount, 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 Robert Watson Lofts - New ($3,200/mo).
Month Over Month Trends
Month-over-month rental rates in Parkdale experienced a downward adjustment, with average realized lease prices shifting by -$188, or -6.84%, moving from $2,749 per month across 8 closed leases in the prior 30-day window to $2,561 per month across 12 closed leases in the latest 30-day tracking period. This short-term variance reflects natural transaction mix shifts toward smaller or moderately priced floor plans within the submarket's active lease volume rather than structural asset depreciation.
Longer Term Trends & Rental Dispersion
Over mid-term and historical tracking horizons, Parkdale has maintained strong pricing stability, anchored by 62 total historical leases averaging $2,604 per month at $4.31 per square foot. The submarket's overall rent dispersion illustrates a wide spectrum of housing options, ranging from an absolute minimum realized rent of $1,250 per month to a maximum of $5,900 per month across all recorded transactions. The middle 50% of the market—defined by the interquartile range—spans from a 25th percentile rent of $2,100 per month to a 75th percentile rent of $2,938 per month, with a median rent of $2,475 per month and an IQR spread of $838, capturing the price delta between entry-level multi-residential suites and premium executive buildings.
Currently across Parkdale's 19 tracked multi-family properties, there are 14 active rental listings with an average asking rent of $2,458/month ($4.42/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,561/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Renters targeting Parkdale can expect realistic monthly commitments centered around the submarket's median rent of $2,475 per month, with the middle 50% of the market stretching between $2,100 and $2,938 per month. Stepping up from a standard 1-bedroom layout to a 2-bedroom suite commands an average premium of $1,213, or 52.81%, while adding an average of 169 square feet of living space. Properties typically lease within 23 days, requiring prospective tenants to prepare standard documentation and deposits promptly upon locating a suitable suite. Prospective renters should verify whether parking is unbundled, as reserved vehicle stalls command distinct monthly premiums across select buildings.
For Landlords
Landlords and condo investors operating in Parkdale should align their pricing strategies closely with recent closed lease benchmarks rather than aspirational asking targets. With active listings averaging $2,458 per month against realized leases averaging $2,561 per month, properties priced in line with the middle 50% interquartile range achieve optimal absorption within the submarket's 23-day average leasing window. Landlords listing properties significantly above the 75th percentile benchmark of $2,938 per month risk extended vacancy timelines that exceed the local average of 23 days, particularly given the competitive value pressure exerted by neighboring rental inventory.
For Realtors
Real estate agents representing clients in Parkdale must navigate a balanced submarket characterized by 14 active listings and a 46.2% absorption rate across 19 tracked developments in postal area M6K. Managing client expectations around list-to-lease spreads is essential, given that active asking averages sit near $2,458 per month while realized 30-day transactions average $2,561 per month. Advisors should highlight the cost-per-square-foot efficiency of standard 1-bedroom and 1-bedroom-plus-den layouts to demonstrate value to prospective tenants against the broader Toronto municipal benchmark.
Parkdale Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Parkdale, Toronto
What is the average rent for a condominium or apartment in Parkdale, Toronto?
Parkdale's average realized lease price is $2,561 per month ($4.30/sqft), based on 12 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market ranges from $2,100 per month (25th percentile) to $2,938 per month (75th percentile), offering a 9.22% discount compared to the broader Toronto municipal benchmark of $2,821 per month.
How much is a 1-bedroom apartment in Parkdale?
The average rent for a 1-bedroom apartment in Parkdale, Toronto is $2,420 per month ($4.33/sqft) based on 30-day tracking data, while 1-bedroom plus den suites average $2,511 per month based on 30-day figures ($2,427 per month across 18 transactions over the trailing 180 days). Most 1-bedroom units lease between $2,000 per month (25th percentile) and $2,500 per month (75th percentile), with an average size of 542 square feet.
How much is a 2-bedroom apartment in Parkdale?
The average rent for a 2-bedroom apartment in Parkdale, Toronto is $3,510 per month ($5.11/sqft) based on 180-day data (with 30-day single-lease volume averaging $2,550 per month), while 2-bedroom plus den suites average $3,100 per month based on 180-day data. Most standard 2-bedroom units lease between $2,912 and $3,962 per month, representing an average rent step-up of $1,213 per month and an additional 169 square feet of living space compared to 1-bedroom configurations.
How much is a 3-bedroom apartment in Parkdale?
The average rent for a 3-bedroom apartment in Parkdale, Toronto is $3,625 per month ($3.82/sqft), based on trailing 180-day data encompassing 4 closed leases, including a 30-day recorded transaction averaging $4,000 per month across 950 square feet. Three-bedroom rental suites represent a scarce housing segment within the submarket, offering larger multi-bedroom layouts for family tenants.
What are the most affordable and premium condo and apartment buildings in Parkdale?
Within Parkdale, Noble Court commands the highest average lease rate at approximately $3,600 per month, while entry-level private transactions across tracked submarket inventory start around $1,250 per month.
How does rent in Parkdale compare to the overall Toronto average?
Parkdale rents average $2,561 per month, which is lower than the overall Toronto average of $2,821 per month (a spread of -$260 or -9.22%). Properties in Parkdale spend an average of 23 days on the market—leasing 5 days slower than the broader Toronto municipal benchmark of 18 days.
What are the postal code FSAs for Parkdale?
Condo and apartment rentals in Parkdale primarily fall within postal forward sortation areas such as M6K.
How fast do rental units lease in Parkdale (Days on Market)?
Rental listings in Parkdale spend an average of 23 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 5 days slower than the broader Toronto municipal benchmark of 18 days.
How should landlords price their rental listings in Parkdale to avoid vacancy loss?
With active listings averaging $2,458 per month against closed leases at $2,561 per month—an asking-to-realized spread of -$103 per month—landlords are advised to align asking prices closely with recent closed lease benchmarks rather than aspirational targets to ensure properties lease efficiently within the submarket's 23-day average timeline.
How much more will a unit with a parking spot in Parkdale rent for versus a unit without one?
Reserved parking in Parkdale adds an estimated $476 to $1,067 per month across 1-bedroom-plus-den and 2-bedroom rental layouts, based on verified unbundled lease comps.
Are parking spaces, lockers, and utilities included in Parkdale rents?
Tenants in modern Ontario condos should budget separately for hydro and heat pump consumption. Bulk water service and structural maintenance are bundled into the building corporation's operating expenses and paid by the landlord.
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