York Submarket Hub

Oakwood Apartments for Rent & Condo Comps

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 17 tracked properties across Oakwood, York.

Postal Codes Covered:M5P, M6B, M6C, M6E, M6M, M6N

Oakwood Rental Market Overview

As of late summer 2026, the Oakwood submarket within the municipality of York (centered around postal FSA M5P) demonstrates a fast-paced leasing environment characterized by solid tenant demand and rapid turnover. Through the trailing 30-day window ending August 31, 2026, closed transactions achieved an average realized lease price of $2,700 per month based on 16 closed leases over the trailing 30 days, alongside 25 active listings currently on the market. Realized lease pricing stands slightly above the broader municipality of York average of $2,678 per month, reflecting a modest premium of $22 or 0.82%. Across the submarket's 17 tracked residential buildings, transaction velocity is robust, driven primarily by activity across 1-bedroom and 2-bedroom configurations.

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Oakwood

Active Listings
25units
Across 17 buildings
Average Asking Rent
$2,604/mo
+1.2% Asking Trend
Average Unit Size
764SF
Asking layout average
Average Asking / SF
$3.52/SF
Current asking rate
Average Days on Market
27days
Active listing age

Closed Leases

Transactions that closed in August 2026 across Oakwood

Units Leased
16closed
Executed transactions
Average Leased Rent
$2,700/mo
+17.4% MoM Delta
Average Leased SF
706SF
Executed size average
Average Leased / SF
$3.90/SF
Realized per-foot rate
Average Days on Market
23days
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
$1,800/mo
$4.50/SF · 400 SF
-$21 vs York
1-Bedroom
$3,800/mo
$4.41/SF · 825 SF
+$1,604 vs York
1-Bedroom + Den
$2,413/mo
$3.68/SF · 663 SF
+$30 vs York
2-Bedroom
$2,915/mo
$3.92/SF · 750 SF
-$31 vs York
2-Bedroom + Den
$2,988/mo
$2.93/SF · 1025 SF
-$226 vs York
3-Bedroom+
$4,050/mo
$3.43/SF · 1180 SF
+$33 vs York

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, York.

The Forest Hill

2020 Bathurst St

$2,430
avg leased
Leased $/SF: $4.57/SF
Days on Market: 24d
Closed Leases: 6
Active Supply: 5 units
390 Total SuitesBuilding Comps
Midtown

1603 Eglinton Ave W

$2,758
avg leased
Leased $/SF: $2.98/SF
Days on Market: 28d
Closed Leases: 3
Active Supply: 4 units
219 Total SuitesBuilding Comps
8 Haus

2433 Dufferin St

$2,700
avg leased
Leased $/SF: $3.05/SF
Days on Market: 71d
Closed Leases: 3
Active Supply: 3 units
99 Total SuitesBuilding Comps
The Barrington

1486 Bathurst St

$2,150
avg leased
Leased $/SF: $3.91/SF
Days on Market: 57d
Closed Leases: 1
Active Supply: 4 units
93 Total SuitesBuilding Comps
$2,395
avg leased
Leased $/SF: $3.19/SF
Days on Market: 13d
Closed Leases: 1
Active Supply: 2 units
45 Total SuitesBuilding Comps
Forest Hill Lofts

1001 Roselawn Ave

$2,800
avg leased
Leased $/SF: $4.00/SF
Days on Market: 13d
Closed Leases: 1
Active Supply: 1 units
137 Total SuitesBuilding Comps
$2,100
avg leased
Leased $/SF: $3.82/SF
Days on Market: 4d
Closed Leases: 1
Active Supply: 1 units
88 Total SuitesBuilding Comps
$2,650
avg leased
Leased $/SF: $3.53/SF
Days on Market: 28d
Closed Leases: 1
Active Supply: 1 units
76 Total SuitesBuilding Comps
$2,650
avg leased
Leased $/SF: $3.12/SF
Days on Market: 21d
Closed Leases: 1
Active Supply: 1 units
58 Total SuitesBuilding Comps
York Square

2470 Eglinton Ave W

$2,000
avg leased
Leased $/SF: $2.67/SF
Days on Market: 30d
Closed Leases: 1
Active Supply: 0 units
126 Total SuitesBuilding Comps
Hill Condominiums

170 Chiltern Hill Rd

$2,250
avg leased
Leased $/SF: $3.46/SF
Days on Market: 22d
Closed Leases: 1
Active Supply: 0 units
93 Total SuitesBuilding Comps
114 Vaughan

114 Vaughan Rd

$2,400
avg leased
Leased $/SF: $3.69/SF
Days on Market: 14d
Closed Leases: 1
Active Supply: 0 units
32 Total SuitesBuilding Comps
Heathwood Manor

35 Raglan Ave

$2,450
avg leased
Leased $/SF: $2.36/SF
Days on Market: 58d
Closed Leases: 1
Active Supply: 0 units
32 Total SuitesBuilding Comps
West Village Lofts

550 Hopewell Ave

$3,150
avg leased
Leased $/SF: $3.32/SF
Days on Market: 45d
Closed Leases: 1
Active Supply: 0 units
29 Total SuitesBuilding Comps
The Rhodes

2010 Bathurst St

$5,500
avg leased
Leased $/SF: $5.00/SF
Days on Market: 34d
Closed Leases: 1
Active Supply: 0 units
25 Total SuitesBuilding Comps
$2,000
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 2 units
45 Total SuitesBuilding Comps
Solara Condominiums

1600 Keele St

$2,000
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
182 Total SuitesBuilding 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

As of late summer 2026, the Oakwood submarket within the municipality of York (centered around postal FSA M5P) demonstrates a fast-paced leasing environment characterized by solid tenant demand and rapid turnover. Through the trailing 30-day window ending August 31, 2026, closed transactions achieved an average realized lease price of $2,700 per month based on 16 closed leases over the trailing 30 days, alongside 25 active listings currently on the market. Realized lease pricing stands slightly above the broader municipality of York average of $2,678 per month, reflecting a modest premium of $22 or 0.82%. Across the submarket's 17 tracked residential buildings, transaction velocity is robust, driven primarily by activity across 1-bedroom and 2-bedroom configurations.

Submarket Pricing Density & Municipal Benchmark Spread

The realized average lease rate in Oakwood is currently $2,700/month ($3.90/SF), with an average leasing velocity of 23 Days on Market. Compared to the overall York municipal benchmark ($2,678/month), Oakwood trades at a 1% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from York Square ($2,000/mo) to The Rhodes ($5,500/mo).

Month Over Month Trends

Month-over-month rental rates in Oakwood experienced upward movement, with average realized prices increasing by $400 or 17.39% compared to the prior 30-day period where 27 closed leases averaged $2,300 per month. This short-term increase reflects a shifting mix toward larger layouts and higher-priced building stock in the recent 30-day leasing sample, particularly among 2-bedroom transactions.

Longer Term Trends & Rental Dispersion

Mid-term and baseline metrics indicate stable pricing foundations across the submarket, with a 90-day average lease price of $2,375 per month across 61 closed leases and an all-time baseline average of $2,390 per month across 88 historical transactions. Market dispersion across the submarket's 88 tracked sample sizes shows an overall median rent of $2,200 per month, with entry-level transactions starting at a minimum rent of $1,650 per month and premium executive suites reaching up to $5,500 per month. The middle 50% of the market—defined by the interquartile range—spans from a 25th percentile rent of $1,944 per month to a 75th percentile rent of $2,612 per month, resulting in an IQR spread of $669.

Currently across Oakwood's 17 tracked multi-family properties, there are 25 active rental listings with an average asking rent of $2,604/month ($3.52/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,700/month, representing real-world contract values negotiated between property owners and prospective tenants.

For Renters

Prospective tenants searching in Oakwood should expect to target the middle 50% benchmark range between $1,944 and $2,612 per month for standard configurations. Stepping up from a 1-bedroom suite to a 2-bedroom unit incurs an average monthly premium of $631 per month (a 29.57% cost increase) in exchange for an additional 202 square feet of living space. Renters should move quickly upon identifying suitable properties, as homes lease in an average of 23 days. While parking policies vary by building, unbundled reserved parking spots can add notable monthly premiums depending on the specific property and suite layout.

For Landlords

Landlords and condo investors operating in Oakwood benefit from strong liquidity and a faster-than-average municipal leasing pace, with properties turning over in 23 days compared to the 25-day municipal benchmark. Current market data shows an asking-to-realized spread of -$96 per month, indicating that active asking rents ($2,604 per month) align closely with closed transaction averages ($2,700 per month). Owners should price their suites in line with recent closed lease comparables within the middle 50% band to capture high-intent tenant demand and avoid extended vacancies.

For Realtors

Real estate professionals representing clients in Oakwood should leverage the submarket's strong liquidity and 39.0% absorption rate to guide negotiations. With 16 closed leases over the trailing 30 days and an average market velocity of 23 days, agents can advise buyers and tenants that well-priced inventory moves swiftly. Managing list-to-lease expectations remains straightforward given the tight spread between asking targets and realized lease contracts across standard 1-bedroom and 2-bedroom floor plans.

Frequently Asked Questions

Oakwood Rental Market & Leasing FAQs

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

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

Oakwood's average realized lease price is $2,700 per month ($3.90 per square foot), based on 16 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market ranges between $1,944 per month (25th percentile) and $2,612 per month (75th percentile), with overall rents sitting slightly above the broader York municipal average of $2,678 per month.

How much is a 1-bedroom apartment in Oakwood?

The average rent for a 1-bedroom apartment in Oakwood, York is $2,134 per month ($3.73 per square foot) based on 180-day data, while 1-bedroom plus den suites average $2,243 per month ($3.70 per square foot). Most standard 1-bedroom units lease between $1,900 per month (25th percentile) and $2,138 per month (75th percentile), with an average size of 590 square feet.

How much is a 2-bedroom apartment in Oakwood?

The average rent for a 2-bedroom apartment in Oakwood, York is $2,765 per month ($3.55 per square foot) based on 180-day data, while 2-bedroom plus den suites average $3,028 per month ($3.51 per square foot). Most 2-bedroom units lease between $2,425 per month and $2,965 per month, representing an average price step-up of $631 per month and an additional 202 square feet compared to standard 1-bedroom configurations.

How much is a 3-bedroom apartment in Oakwood?

The average rent for a 3-bedroom apartment in Oakwood, York is $3,164 per month ($3.22 per square foot), based on 180-day data spanning 7 closed leases. Three-bedroom suites represent a scarce inventory segment across the submarket, featuring an average living space of 994 square feet and a middle 50% rental range spanning from $2,750 per month to $3,550 per month.

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

Within Oakwood, The Rhodes commands the highest average lease rate at approximately $5,500 per month, while First Home Keelesdale - Building R offers the most accessible entry point among tracked developments at around $1,973 per month.

How does rent in Oakwood compare to the overall York average?

Oakwood rents average $2,700 per month, which is higher than the overall York municipal average of $2,678 per month (a spread of $22 or 0.82%). Properties in Oakwood spend an average of 23 days on the market—leasing 2 days faster than the broader York municipal benchmark of 25 days.

What are the postal code FSAs for Oakwood?

Condo and apartment rentals in Oakwood primarily fall within postal forward sortation areas (FSAs) such as M5P.

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

Rental listings in Oakwood spend an average of 23 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 2 days faster than the broader York municipal benchmark of 25 days.

How should landlords price their rental listings in Oakwood to avoid vacancy loss?

With active listings averaging $2,604 per month against closed leases at $2,700 per month—an asking-to-realized spread of -$96 per month—landlords should price their properties in alignment with recent closed lease benchmarks rather than aspirational targets to ensure swift leasing within the submarket's 23-day average timeframe.

How much more will a unit with a parking spot in Oakwood rent for versus a unit without one?

Reserved parking in Oakwood adds an estimated $119 to $489 per month across studio, 1-bedroom, and 2-bedroom lease configurations based on verified unbundled lease comps.

Are parking spaces, lockers, and utilities included in Oakwood rents?

Across most Ontario condominium developments, suite electricity (hydro) and climate energy are individually metered and paid by the tenant, whereas water and building maintenance are covered by the owner's condo fees.

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