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

Based on lease transactions tracked by FastScreen in August 2026 across 95 tracked condominium and apartment buildings in South Midtown, realized rents by unit layout average: • Studio / Bachelor: $1,750/month ($4.38/SF · 400 SF) · -$134 (-7.1%) vs Toronto avg • 1-Bedroom: $2,663/month ($3.97/SF · 688 SF) · +$392 (+17.3%) vs Toronto avg • 1-Bedroom + Den: $2,571/month ($3.88/SF · 663 SF) · +$106 (+4.3%) vs Toronto avg • 2-Bedroom: $4,341/month ($4.36/SF · 950 SF) · +$1,294 (+42.5%) vs Toronto avg • 2-Bedroom + Den: $4,933/month ($3.53/SF · 1405 SF) · +$1,609 (+48.4%) vs Toronto avg • 3-Bedroom+: $10,899/month ($6.81/SF · 1600 SF) · +$6,744 (+162.3%) vs Toronto avg Overall market leasing across all unit layouts averaged $3,546/month ($4.12/SF), with an average of 25 Days on Market. Active rental listings currently average $4,533/month ($4.96/SF) for an average unit size of 875 SF.

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

In South Midtown, Forest Hill Private Residences represents a top-tier premium building with an average lease rate of $15,250/month ($6.50/SF). Conversely, 22 Shallmar offers more accessible pricing, averaging $1,650/month ($3.00/SF). Pricing varies based on building vintage, interior finishes, suite square footage, and amenity offerings.

What are the postal code FSAs for South Midtown?

FastScreen tracks verified condominium and apartment listings and closed lease transactions across South Midtown's primary postal code Forward Sortation Areas (FSAs): M4T, M4V, M4W, M5N, M5P, M5R, M6B, M6C, M6G. These postal districts encompass 95 tracked multi-family properties throughout Toronto.

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

The average Days on Market (DOM) for realized leases in South Midtown 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 South Midtown to avoid vacancy loss?

Landlords in South Midtown should benchmark initial asking rents against verified 30-day closed lease comps rather than peak active listings. At an average rent of $3,546/month, each day of vacancy costs $118 in lost gross revenue. Overpricing a suite by $100/month and sitting vacant for 30 additional days costs $3,546, which takes 35 months of collecting that higher rent just to break even.

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

When marketing a condominium or apartment rental in South Midtown, 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

South Midtown Rental Comps & Market Trends

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

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 95 tracked properties across South Midtown, Toronto.

Postal Codes Covered:M4T, M4V, M4W, M5N, M5P, M5R, M6B, M6C, M6G

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across South Midtown

Active Listings

38units

Across 95 buildings

Average Asking Rent

$4,533/mo

+1.2% Asking Trend

Average Unit Size

875SF

Asking layout average

Average Asking / SF

$4.96/SF

Current asking rate

Average Days on Market

35days

Active listing age

Closed Leases

Transactions that closed in August 2026 across South Midtown

Units Leased

27closed

Executed transactions

Average Leased Rent

$3,546/mo

+13.3% MoM Delta

Average Leased SF

845SF

Executed size average

Average Leased / SF

$4.12/SF

Realized per-foot rate

Average Days on Market

25days

Days to execute lease

South Midtown Rental Rates by Unit Layout

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

Studio / Bachelor

$1,750/mo

$4.38/SF · 400 SF

-$134 vs Toronto

1-Bedroom

$2,663/mo

$3.97/SF · 688 SF

+$392 vs Toronto

1-Bedroom + Den

$2,571/mo

$3.88/SF · 663 SF

+$106 vs Toronto

2-Bedroom

$4,341/mo

$4.36/SF · 950 SF

+$1,294 vs Toronto

2-Bedroom + Den

$4,933/mo

$3.53/SF · 1405 SF

+$1,609 vs Toronto

3-Bedroom+

$10,899/mo

$6.81/SF · 1600 SF

+$6,744 vs Toronto

South Midtown Tracked Buildings & Lease Comps

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

							Action
The Jack 6 Jackes Ave	$6,330/mo	$6.64/SF	5leases	16days	0units	112suites	Comps
Imperial Plaza 111 St Clair Ave W	$3,409/mo	$3.90/SF	4leases	31days	1unit	398suites	Comps
Rise Condominiums 501 St Clair Ave W	$2,166/mo	$4.24/SF	4leases	16days	0units	285suites	Comps
The Code 6 Parkwood Ave	$3,100/mo	$4.35/SF	3leases	18days	0units	118suites	Comps
2525 Bathurst 2525 Bathurst Street	$2,715/mo	$4.23/SF	2leases	12days	8units	149suites	Comps
Zigg Condos 223 St Clair Ave W	$3,450/mo	$4.47/SF	2leases	56days	1unit	166suites	Comps
Shallmar Court 10 Shallmar Boulevard	$2,895/mo	$3.05/SF	2leases	4days	1unit	138suites	Comps
Forest Hill Private Residences 2 Forest Hill Rd	$15,250/mo	$6.50/SF	2leases	25days	1unit	83suites	Comps
8 Mallory Gardens 8 Mallory Gardens	$1,763/mo	$2.71/SF	2leases	31days	0units	72suites	Comps
Mayfair Mansions 394-398 Avenue Road	$2,495/mo	$3.33/SF	1lease	9days	5units	130suites	Comps
2Fifteen 215 Lonsdale Road	$7,820/mo	$6.02/SF	1lease	18days	3units	177suites	Comps
The Clarendon 2 Clarendon Avenue	$2,695/mo	$4.90/SF	1lease	19days	3units	50suites	Comps
9 Deer Park 9 Deer Park Crescent	$3,150/mo	$3.71/SF	1lease	5days	2units	—	Comps
Madison Avenue Lofts 380 MacPherson Ave	$2,550/mo	$3.40/SF	1lease	6days	1unit	211suites	Comps
St. Clair Place 21 Vaughan Road	$2,085/mo	$3.79/SF	1lease	15days	1unit	184suites	Comps
60 Clair West 60 St Clair Ave W	$2,400/mo	$3.69/SF	1lease	13days	1unit	91suites	Comps
Maison 77 Clarendon 77 Clarendon Avenue	$15,000/mo	$7.89/SF	1lease	45days	1unit	20suites	Comps
1 Mallory Gardens 1 Mallory Gardens	$2,300/mo	$2.71/SF	1lease	28days	1unit	—	Comps
95 Lawton 95 Lawton Boulevard	$2,250/mo	$3.46/SF	1lease	20days	1unit	—	Comps
Blue at Imperial Plaza 99 Foxbar Rd	$2,800/mo	$3.73/SF	1lease	41days	0units	258suites	Comps
Thornwood I 20 Scrivener Sq	$5,700/mo	$5.18/SF	1lease	24days	0units	166suites	Comps
609 Avenue 609 Avenue Rd	$2,500/mo	$3.85/SF	1lease	5days	0units	161suites	Comps
Thirty Three Delisle 33 Delisle Ave	$3,000/mo	$4.00/SF	1lease	3days	0units	109suites	Comps
The Ports 1177 Yonge St	$4,500/mo	$3.00/SF	1lease	3days	0units	106suites	Comps
The Clairmont 1430 Yonge St	$2,450/mo	$4.45/SF	1lease	30days	0units	92suites	Comps
22 Shallmar 22 Shallmar Blvd	$1,650/mo	$3.00/SF	1lease	88days	0units	89suites	Comps
the Eldorado 2500 Bathurst Street	$10,899/mo	$6.81/SF	1lease	22days	0units	83suites	Comps
Lonsdale by the Village 335 Lonsdale Rd	$2,150/mo	$5.38/SF	1lease	11days	0units	61suites	Comps
Heath Gate 10 Tichester Rd	$4,600/mo	$10.24/SF	1lease	6days	0units	58suites	Comps
One Deer Park 1 Deer Park Cres	$4,000/mo	$3.64/SF	1lease	65days	0units	53suites	Comps
One Forest Hill 1 Forest Hill Rd	$8,200/mo	$6.31/SF	1lease	6days	0units	40suites	Comps
The Davies 285 Avenue Rd	$5,750/mo	$5.23/SF	1lease	40days	0units	37suites	Comps
221 Russell Hill 221 Russell Hill Road	$3,200/mo	$3.37/SF	1lease	125days	0units	36suites	Comps
The Claridge 1 Clarendon Ave	$2,980/mo	$3.51/SF	1lease	31days	0units	36suites	Comps
616 Avenue 616 Avenue Rd	$4,000/mo	$3.64/SF	1lease	9days	0units	28suites	Comps
33 Price 33 Price St	$4,250/mo	$3.27/SF	1lease	18days	0units	23suites	Comps
The Churchill 342 Spadina Rd	$2,100/mo	$3.82/SF	1lease	32days	0units	20suites	Comps
Rosedale Terraces 1174 Yonge St	$3,000/mo	$3.53/SF	1lease	135days	0units	18suites	Comps
423 Avenue Condos 423 Avenue Road	$2,450/mo	$4.45/SF	1lease	93days	0units	13suites	Comps
Castlemere Apartments 75 Crescent Road	$5,300/mo	$3.71/SF	1lease	8days	0units	13suites	Comps
1648 Bathurst 1648 Bathurst Street	$1,875/mo	$2.86/SF	1lease	126days	0units	—	Comps
5 Rosehill 5 Rosehill Ave	$3,200(ask)	$4.57 (ask)	0leases	—	2units	96suites	Comps
South Hill On Madison 377 Madison Ave	$3,250(ask)	$3.82 (ask)	0leases	—	1unit	165suites	Comps
The Avenue 155 St Clair Ave W	$18,000(ask)	$6.26 (ask)	0leases	—	1unit	73suites	Comps
Albany Court 740 Eglinton Ave W	$2,750(ask)	$3.67 (ask)	0leases	—	1unit	58suites	Comps
Boutique 60 Montclair 60 Montclair Avenue	$3,800(ask)	$3.45 (ask)	0leases	—	1unit	48suites	Comps
1840 Bathurst 1840 Bathurst Street	$2,650(ask)	$2.65 (ask)	0leases	—	1unit	18suites	Comps
The Summerhill 7 Jackes Avenue	—	—	0leases	—	0units	274suites	Comps
The St. Clair 10 Delisle Ave	—	—	0leases	—	0units	227suites	Comps
Granite Place II 61 St Clair Ave W	—	—	0leases	—	0units	152suites	Comps
Residences of One Avoca 38 Avoca Ave	—	—	0leases	—	0units	143suites	Comps
One Balmoral 1 Balmoral Ave	—	—	0leases	—	0units	135suites	Comps
Thornwood II 25 Scrivener Sq	—	—	0leases	—	0units	135suites	Comps
Village Terraces 260 Heath St W	—	—	0leases	—	0units	132suites	Comps
The James 10 Price Street	—	—	0leases	—	0units	127suites	Comps
Granite Place I 63 St Clair Ave W	—	—	0leases	—	0units	124suites	Comps
Village Gate II 19 Lower Village Gate	—	—	0leases	—	0units	113suites	Comps
500 Avenue 500 Avenue Rd	—	—	0leases	—	0units	85suites	Comps
350 Lonsdale 350 Lonsdale Rd	—	—	0leases	—	0units	84suites	Comps
Village Gate I 18 Lower Village Gate	—	—	0leases	—	0units	81suites	Comps
150 Farnham 150 Farnham Ave	—	—	0leases	—	0units	75suites	Comps
The Carlyle 55 Delisle Ave	—	—	0leases	—	0units	73suites	Comps
Heathside Place of Forest Hill 447 Walmer Road	—	—	0leases	—	0units	71suites	Comps
One Shaftesbury 21 Shaftesbury Ave	—	—	0leases	—	0units	71suites	Comps
Village Park 240 Heath St W	—	—	0leases	—	0units	66suites	Comps
The Westclair 47 St Clair Ave W	—	—	0leases	—	0units	64suites	Comps
70 Rosehill 70 Rosehill Ave	—	—	0leases	—	0units	61suites	Comps
The Oaklands 40 Oaklands Ave	—	—	0leases	—	0units	59suites	Comps
Park Avenue 48 St Clair Ave W	—	—	0leases	—	0units	55suites	Comps
150 Heath West 150 Heath St W	—	—	0leases	—	0units	51suites	Comps
Churchill Park Condominiums 336 Spadina Rd	—	—	0leases	—	0units	45suites	Comps
Forty Rosehill 40 Rosehill Ave	—	—	0leases	—	0units	42suites	Comps
The Orion 1231 Yonge St	—	—	0leases	—	0units	40suites	Comps
Winston Place 349 St Clair Ave W	—	—	0leases	—	0units	39suites	Comps
97 Lawton 97 Lawton Blvd	—	—	0leases	—	0units	37suites	Comps
159 Russell Hill Road 159 Russell Hill Road	—	—	0leases	—	0units	36suites	Comps
2 Roxborough East 2 Roxborough St E	—	—	0leases	—	0units	35suites	Comps
235 St. Clair Avenue West 235 St Clair Ave W	—	—	0leases	—	0units	34suites	Comps
The Somerset 1A Dale Ave	—	—	0leases	—	0units	34suites	Comps
33 Jackes 33 Jackes Ave	—	—	0leases	—	0units	28suites	Comps
36 Birch 36 Birch Ave	—	—	0leases	—	0units	27suites	Comps
No. 7 Rosedale 7 Dale Ave	—	—	0leases	—	0units	26suites	Comps
The St. Regis 800 Spadina Rd	—	—	0leases	—	0units	23suites	Comps
One12 St Clair Avenue West 112 St Clair Ave W	—	—	0leases	—	0units	20suites	Comps
425 Walmer 425 Walmer Rd	—	—	0leases	—	0units	17suites	Comps
2 Lynwood 2 Lynwood Ave	—	—	0leases	—	0units	16suites	Comps
Hill and Dale 1027 Yonge St	—	—	0leases	—	0units	14suites	Comps
317-319 Lonsdale 317 - 319 Lonsdale Rd	—	—	0leases	—	0units	12suites	Comps
1657 Bathurst 1657 Bathurst St	—	—	0leases	—	0units	8suites	Comps
1733 Bathurst 1733 Bathurst St	—	—	0leases	—	0units	8suites	Comps
The Manor Apartments 315 Lonsdale Road	—	—	0leases	—	0units	8suites	Comps
9 Jackes 9 Jackes Ave	—	—	0leases	—	0units	6suites	Comps
22 Woodlawn Apartments 22 Woodlawn Avenue E	—	—	0leases	—	0units	—	Comps
24 Shallmar Boulevard 24 Shallmar Boulevard	—	—	0leases	—	0units	—	Comps
78 Warren 78 Warren Road	—	—	0leases	—	0units	—	Comps

The Jack

6 Jackes Ave

$6,330

avg leased

Leased $/SF: $6.64/SF

Days on Market: 16d

Closed Leases: 5

Active Supply: 0 units

112 Total SuitesBuilding Comps

Imperial Plaza

111 St Clair Ave W

$3,409

avg leased

Leased $/SF: $3.90/SF

Days on Market: 31d

Closed Leases: 4

Active Supply: 1 units

398 Total SuitesBuilding Comps

Rise Condominiums

501 St Clair Ave W

$2,166

avg leased

Leased $/SF: $4.24/SF

Days on Market: 16d

Closed Leases: 4

Active Supply: 0 units

285 Total SuitesBuilding Comps

The Code

6 Parkwood Ave

$3,100

avg leased

Leased $/SF: $4.35/SF

Days on Market: 18d

Closed Leases: 3

Active Supply: 0 units

118 Total SuitesBuilding Comps

2525 Bathurst

2525 Bathurst Street

$2,715

avg leased

Leased $/SF: $4.23/SF

Days on Market: 12d

Closed Leases: 2

Active Supply: 8 units

149 Total SuitesBuilding Comps

Zigg Condos

223 St Clair Ave W

$3,450

avg leased

Leased $/SF: $4.47/SF

Days on Market: 56d

Closed Leases: 2

Active Supply: 1 units

166 Total SuitesBuilding Comps

Shallmar Court

10 Shallmar Boulevard

$2,895

avg leased

Leased $/SF: $3.05/SF

Days on Market: 4d

Closed Leases: 2

Active Supply: 1 units

138 Total SuitesBuilding Comps

Forest Hill Private Residences

2 Forest Hill Rd

$15,250

avg leased

Leased $/SF: $6.50/SF

Days on Market: 25d

Closed Leases: 2

Active Supply: 1 units

83 Total SuitesBuilding Comps

8 Mallory Gardens

$1,763

avg leased

Leased $/SF: $2.71/SF

Days on Market: 31d

Closed Leases: 2

Active Supply: 0 units

72 Total SuitesBuilding Comps

Mayfair Mansions

394-398 Avenue Road

$2,495

avg leased

Leased $/SF: $3.33/SF

Days on Market: 9d

Closed Leases: 1

Active Supply: 5 units

130 Total SuitesBuilding Comps

2Fifteen

215 Lonsdale Road

$7,820

avg leased

Leased $/SF: $6.02/SF

Days on Market: 18d

Closed Leases: 1

Active Supply: 3 units

177 Total SuitesBuilding Comps

The Clarendon

2 Clarendon Avenue

$2,695

avg leased

Leased $/SF: $4.90/SF

Days on Market: 19d

Closed Leases: 1

Active Supply: 3 units

50 Total SuitesBuilding Comps

9 Deer Park

9 Deer Park Crescent

$3,150

avg leased

Leased $/SF: $3.71/SF

Days on Market: 5d

Closed Leases: 1

Active Supply: 2 units

Condo ResidenceBuilding Comps

Madison Avenue Lofts

380 MacPherson Ave

$2,550

avg leased

Leased $/SF: $3.40/SF

Days on Market: 6d

Closed Leases: 1

Active Supply: 1 units

211 Total SuitesBuilding Comps

St. Clair Place

21 Vaughan Road

$2,085

avg leased

Leased $/SF: $3.79/SF

Days on Market: 15d

Closed Leases: 1

Active Supply: 1 units

184 Total SuitesBuilding Comps

60 Clair West

60 St Clair Ave W

$2,400

avg leased

Leased $/SF: $3.69/SF

Days on Market: 13d

Closed Leases: 1

Active Supply: 1 units

91 Total SuitesBuilding Comps

Maison 77 Clarendon

77 Clarendon Avenue

$15,000

avg leased

Leased $/SF: $7.89/SF

Days on Market: 45d

Closed Leases: 1

Active Supply: 1 units

20 Total SuitesBuilding Comps

1 Mallory Gardens

$2,300

avg leased

Leased $/SF: $2.71/SF

Days on Market: 28d

Closed Leases: 1

Active Supply: 1 units

Condo ResidenceBuilding Comps

95 Lawton

95 Lawton Boulevard

$2,250

avg leased

Leased $/SF: $3.46/SF

Days on Market: 20d

Closed Leases: 1

Active Supply: 1 units

Condo ResidenceBuilding Comps

Blue at Imperial Plaza

99 Foxbar Rd

$2,800

avg leased

Leased $/SF: $3.73/SF

Days on Market: 41d

Closed Leases: 1

Active Supply: 0 units

258 Total SuitesBuilding Comps

Thornwood I

20 Scrivener Sq

$5,700

avg leased

Leased $/SF: $5.18/SF

Days on Market: 24d

Closed Leases: 1

Active Supply: 0 units

166 Total SuitesBuilding Comps

609 Avenue

609 Avenue Rd

$2,500

avg leased

Leased $/SF: $3.85/SF

Days on Market: 5d

Closed Leases: 1

Active Supply: 0 units

161 Total SuitesBuilding Comps

Thirty Three Delisle

33 Delisle Ave

$3,000

avg leased

Leased $/SF: $4.00/SF

Days on Market: 3d

Closed Leases: 1

Active Supply: 0 units

109 Total SuitesBuilding Comps

The Ports

1177 Yonge St

$4,500

avg leased

Leased $/SF: $3.00/SF

Days on Market: 3d

Closed Leases: 1

Active Supply: 0 units

106 Total SuitesBuilding Comps

The Clairmont

1430 Yonge St

$2,450

avg leased

Leased $/SF: $4.45/SF

Days on Market: 30d

Closed Leases: 1

Active Supply: 0 units

92 Total SuitesBuilding Comps

22 Shallmar

22 Shallmar Blvd

$1,650

avg leased

Leased $/SF: $3.00/SF

Days on Market: 88d

Closed Leases: 1

Active Supply: 0 units

89 Total SuitesBuilding Comps

the Eldorado

2500 Bathurst Street

$10,899

avg leased

Leased $/SF: $6.81/SF

Days on Market: 22d

Closed Leases: 1

Active Supply: 0 units

83 Total SuitesBuilding Comps

Lonsdale by the Village

335 Lonsdale Rd

$2,150

avg leased

Leased $/SF: $5.38/SF

Days on Market: 11d

Closed Leases: 1

Active Supply: 0 units

61 Total SuitesBuilding Comps

Heath Gate

10 Tichester Rd

$4,600

avg leased

Leased $/SF: $10.24/SF

Days on Market: 6d

Closed Leases: 1

Active Supply: 0 units

58 Total SuitesBuilding Comps

One Deer Park

1 Deer Park Cres

$4,000

avg leased

Leased $/SF: $3.64/SF

Days on Market: 65d

Closed Leases: 1

Active Supply: 0 units

53 Total SuitesBuilding Comps

One Forest Hill

1 Forest Hill Rd

$8,200

avg leased

Leased $/SF: $6.31/SF

Days on Market: 6d

Closed Leases: 1

Active Supply: 0 units

40 Total SuitesBuilding Comps

The Davies

285 Avenue Rd

$5,750

avg leased

Leased $/SF: $5.23/SF

Days on Market: 40d

Closed Leases: 1

Active Supply: 0 units

37 Total SuitesBuilding Comps

221 Russell Hill

221 Russell Hill Road

$3,200

avg leased

Leased $/SF: $3.37/SF

Days on Market: 125d

Closed Leases: 1

Active Supply: 0 units

36 Total SuitesBuilding Comps

The Claridge

1 Clarendon Ave

$2,980

avg leased

Leased $/SF: $3.51/SF

Days on Market: 31d

Closed Leases: 1

Active Supply: 0 units

36 Total SuitesBuilding Comps

616 Avenue

616 Avenue Rd

$4,000

avg leased

Leased $/SF: $3.64/SF

Days on Market: 9d

Closed Leases: 1

Active Supply: 0 units

28 Total SuitesBuilding Comps

33 Price

33 Price St

$4,250

avg leased

Leased $/SF: $3.27/SF

Days on Market: 18d

Closed Leases: 1

Active Supply: 0 units

23 Total SuitesBuilding Comps

The Churchill

342 Spadina Rd

$2,100

avg leased

Leased $/SF: $3.82/SF

Days on Market: 32d

Closed Leases: 1

Active Supply: 0 units

20 Total SuitesBuilding Comps

Rosedale Terraces

1174 Yonge St

$3,000

avg leased

Leased $/SF: $3.53/SF

Days on Market: 135d

Closed Leases: 1

Active Supply: 0 units

18 Total SuitesBuilding Comps

423 Avenue Condos

423 Avenue Road

$2,450

avg leased

Leased $/SF: $4.45/SF

Days on Market: 93d

Closed Leases: 1

Active Supply: 0 units

13 Total SuitesBuilding Comps

Castlemere Apartments

75 Crescent Road

$5,300

avg leased

Leased $/SF: $3.71/SF

Days on Market: 8d

Closed Leases: 1

Active Supply: 0 units

13 Total SuitesBuilding Comps

1648 Bathurst

1648 Bathurst Street

$1,875

avg leased

Leased $/SF: $2.86/SF

Days on Market: 126d

Closed Leases: 1

Active Supply: 0 units

Condo ResidenceBuilding Comps

5 Rosehill

5 Rosehill Ave

$3,200

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 2 units

96 Total SuitesBuilding Comps

South Hill On Madison

377 Madison Ave

$3,250

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

165 Total SuitesBuilding Comps

The Avenue

155 St Clair Ave W

$18,000

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

73 Total SuitesBuilding Comps

Albany Court

740 Eglinton Ave W

$2,750

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

58 Total SuitesBuilding Comps

Boutique 60 Montclair

60 Montclair Avenue

$3,800

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

48 Total SuitesBuilding Comps

1840 Bathurst

1840 Bathurst Street

$2,650

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

18 Total SuitesBuilding Comps

The Summerhill

7 Jackes Avenue

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

274 Total SuitesBuilding Comps

The St. Clair

10 Delisle Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

227 Total SuitesBuilding Comps

Granite Place II

61 St Clair Ave W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

152 Total SuitesBuilding Comps

Residences of One Avoca

38 Avoca Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

143 Total SuitesBuilding Comps

One Balmoral

1 Balmoral Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

135 Total SuitesBuilding Comps

Thornwood II

25 Scrivener Sq

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

135 Total SuitesBuilding Comps

Village Terraces

260 Heath St W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

132 Total SuitesBuilding Comps

The James

10 Price Street

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

127 Total SuitesBuilding Comps

Granite Place I

63 St Clair Ave W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

124 Total SuitesBuilding Comps

Village Gate II

19 Lower Village Gate

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

113 Total SuitesBuilding Comps

500 Avenue

500 Avenue Rd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

85 Total SuitesBuilding Comps

350 Lonsdale

350 Lonsdale Rd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

84 Total SuitesBuilding Comps

Village Gate I

18 Lower Village Gate

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

81 Total SuitesBuilding Comps

150 Farnham

150 Farnham Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

75 Total SuitesBuilding Comps

The Carlyle

55 Delisle Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

73 Total SuitesBuilding Comps

Heathside Place of Forest Hill

447 Walmer Road

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

71 Total SuitesBuilding Comps

One Shaftesbury

21 Shaftesbury Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

71 Total SuitesBuilding Comps

Village Park

240 Heath St W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

66 Total SuitesBuilding Comps

The Westclair

47 St Clair Ave W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

64 Total SuitesBuilding Comps

70 Rosehill

70 Rosehill Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

61 Total SuitesBuilding Comps

The Oaklands

40 Oaklands Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

59 Total SuitesBuilding Comps

Park Avenue

48 St Clair Ave W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

55 Total SuitesBuilding Comps

150 Heath West

150 Heath St W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

51 Total SuitesBuilding Comps

Churchill Park Condominiums

336 Spadina Rd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

45 Total SuitesBuilding Comps

Forty Rosehill

40 Rosehill Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

42 Total SuitesBuilding Comps

The Orion

1231 Yonge St

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

40 Total SuitesBuilding Comps

Winston Place

349 St Clair Ave W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

39 Total SuitesBuilding Comps

97 Lawton

97 Lawton Blvd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

37 Total SuitesBuilding Comps

159 Russell Hill Road

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

36 Total SuitesBuilding Comps

2 Roxborough East

2 Roxborough St E

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

35 Total SuitesBuilding Comps

235 St. Clair Avenue West

235 St Clair Ave W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

34 Total SuitesBuilding Comps

The Somerset

1A Dale Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

34 Total SuitesBuilding Comps

33 Jackes

33 Jackes Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

28 Total SuitesBuilding Comps

36 Birch

36 Birch Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

27 Total SuitesBuilding Comps

No. 7 Rosedale

7 Dale Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

26 Total SuitesBuilding Comps

The St. Regis

800 Spadina Rd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

23 Total SuitesBuilding Comps

One12 St Clair Avenue West

112 St Clair Ave W

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

20 Total SuitesBuilding Comps

425 Walmer

425 Walmer Rd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

17 Total SuitesBuilding Comps

2 Lynwood

2 Lynwood Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

16 Total SuitesBuilding Comps

Hill and Dale

1027 Yonge St

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

14 Total SuitesBuilding Comps

317-319 Lonsdale

317 - 319 Lonsdale Rd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

12 Total SuitesBuilding Comps

1657 Bathurst

1657 Bathurst St

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

8 Total SuitesBuilding Comps

1733 Bathurst

1733 Bathurst St

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

8 Total SuitesBuilding Comps

The Manor Apartments

315 Lonsdale Road

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

8 Total SuitesBuilding Comps

9 Jackes

9 Jackes Ave

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

6 Total SuitesBuilding Comps

22 Woodlawn Apartments

22 Woodlawn Avenue E

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

Condo ResidenceBuilding Comps

24 Shallmar Boulevard

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

Condo ResidenceBuilding Comps

78 Warren

78 Warren Road

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 South Midtown.

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.

South Midtown Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for South Midtown

South Midtown is an established residential submarket within Toronto, comprising 95 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 South Midtown 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 South Midtown 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 South Midtown is currently $3,546/month ($4.12/SF), with an average leasing velocity of 25 Days on Market. Compared to the overall Toronto municipal benchmark ($2,770/month), South Midtown trades at a 28% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from 22 Shallmar ($1,650/mo) to Forest Hill Private Residences ($15,250/mo).

Currently across South Midtown's 95 tracked multi-family properties, there are 38 active rental listings with an average asking rent of $4,533/month ($4.96/SF). For closed transactions executed in August 2026, realized lease agreements averaged $3,546/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 South Midtown 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 $3,546/mo, each day of vacancy costs $118/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 South Midtown to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across South Midtown's 95 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

South Midtown Rental Market & Leasing FAQs

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

Based on lease transactions tracked by FastScreen in August 2026 across 95 tracked condominium and apartment buildings in South Midtown, realized rents by unit layout average:

Studio / Bachelor:$1,750/mo($4.38/SF · 400 SF)
-$134 vs Toronto avg
1-Bedroom:$2,663/mo($3.97/SF · 688 SF)
+$392 vs Toronto avg
1-Bedroom + Den:$2,571/mo($3.88/SF · 663 SF)
+$106 vs Toronto avg
2-Bedroom:$4,341/mo($4.36/SF · 950 SF)
+$1,294 vs Toronto avg
2-Bedroom + Den:$4,933/mo($3.53/SF · 1405 SF)
+$1,609 vs Toronto avg
3-Bedroom+:$10,899/mo($6.81/SF · 1600 SF)
+$6,744 vs Toronto avg

Overall market leasing across all unit layouts averaged $3,546/month ($4.12/SF) with an average of 25 Days on Market. Active rental listings currently average $4,533/month ($4.96/SF) for an average unit size of 875 SF.