Toronto East Apartments for Rent & Condo Comps

Toronto East's average realized lease price is $2,635 per month ($4.08 per square foot), based on 56 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market spans from $2,100 to $2,750 per month, sitting at a modest 6.59% discount compared to the broader Toronto municipal average.

The average rent for a 1-bedroom apartment in Toronto East, Toronto is $2,184 per month ($4.13 per square foot), while 1-bedroom plus den suites average $2,448 per month based on trailing 30-day lease data. Most 1-bedroom units lease between $1,950 (25th percentile) and $2,250 (75th percentile) per month, averaging approximately 525 square feet.

The average rent for a 2-bedroom apartment in Toronto East, Toronto is $3,089 per month ($3.90 per square foot), while 2-bedroom plus den suites average $4,650 per month based on trailing 30-day lease data. Most standard 2-bedroom units lease between $2,600 and $3,100 per month, representing an average price step-up of $814 per month and an additional 249 square feet compared to 1-bedroom layouts.

Three-bedroom apartment rentals in Toronto East represent a highly scarce inventory segment with zero closed transactions recorded in the current 30-day tracking period, though 90-day historical data points to an average of $3,512 per month across roughly 907 square feet. Renters seeking multi-bedroom layouts should monitor active listings closely as larger suites become available.

Within Toronto East, Izone commands the highest average lease rate at approximately $6,000 per month, while The Glen offers the most accessible entry point at around $1,545 per month based on tracked private condo stock.

Toronto East rents average $2,635 per month, which is lower than the overall Toronto average of $2,821 per month (a spread of $186 per month or 6.59%). Properties in Toronto East spend an average of 18 days on the market—leasing 0 days slower than the broader Toronto municipal benchmark of 18 days.

Condo and apartment rentals in Toronto East primarily fall within postal forward sortation areas such as M4C.

Properties in Toronto East spend an average of 18 days on the market—leasing 0 days slower than the broader Toronto municipal benchmark of 18 days.

With active listings averaging $2,567 per month against closed leases at $2,635 per month—an asking-to-realized spread of -$68 per month—landlords should align prices with recent closed lease benchmarks rather than aspirational asking rents to prevent vacancy extending past the submarket average 18-day DOM.

Reserved parking in Toronto East adds an estimated $329 to $431 per month across 1-bedroom and 2-bedroom layouts, respectively, based on verified unbundled lease comps.

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.