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Toronto Condos for Lease: August 2026 Prices & Market Report

Current market data for Toronto shows a vibrant inventory of condo apartments, townhomes, and condo lofts. Our market data is updated daily to provide the most accurate reflection of current trends. Buyers and tenants can find a variety of options across popular residential communities, with a high concentration of listings in Waterfront Communities C1, Bay Street Corridor, Dovercourt-Wallace Emerson-Junction.


Active Listings 5,022
Market Entry $2,000 *incl. studio units
Median Price $3,000 /mo

Detailed Market Statistics

A granular look at pricing and inventory levels across all property categories.

Inventory Breakdown by Bedroom Count

Category Min Price Median Price Units
Studio $2,000 $2,000 273
1 Bedroom $2,000 $2,000 1,247
2 Bedroom $2,000 $3,000 2,530
3 Bedroom $2,000 $4,000 716
4+ Bedroom $3,000 $4,000 85

Market Segmentation by Building Type

Property Type Entry Price Average Price Market Share
Condo Apartments $2,000 $3,000 4,475 units
Townhouses $2,000 $3,000 257 units

Note: These figures are for general analytical purposes only and are based on active MLS® inventory as of August 2026. Real estate market data is approximate and subject to frequent updates. Property values vary significantly based on specific neighborhood location, lot size, interior finishes, and overall condition. For a certified Market Evaluation (CMA) or precise data on recently sold properties, please contact Kate Naccarato for a private consultation.

Smart Market Insights

Key opportunities and highlights discovered by our daily analysis.

Affordable Entry Points

  • Affordable rent: Studio in Dovercourt-Wallace Emerson-Junction (Median: $1,550/mo).
  • Affordable rent: Studio in Danforth Village-East York (Median: $1,585/mo).
  • Affordable rent: 1 bed in Weston (Median: $1,650/mo).
  • Affordable rent: 1 bed in Rouge E10 (Median: $1,650/mo).

Best Value for Families

  • Family-sized value: 4+ bed in Yorkdale-Glen Park for $2,500/mo.
  • Family-sized value: 4+ bed in Black Creek for $2,600/mo.
  • Family-sized value: 4+ bed in Morningside for $2,800/mo.

Maximum Availability

  • Maximum inventory in Regent Park: 22 active Studio listings.
  • Maximum inventory in Church-Yonge Corridor: 46 active Studio listings.
  • Maximum inventory in Mount Pleasant West: 16 active Studio listings.
  • Maximum inventory in Waterfront Communities C1: 61 active Studio listings.

High-Inventory Locations (Top 5)

Street / Neighborhood Avg Price Active
Yonge Bay Street Corridor $3,000 143
King Waterfront Communities C1 $3,000 127
Bay Annex $3,000 118
Sheppard Willowdale East $3,000 112
Eglinton Mount Pleasant West $2,000 106
MLS® Data · August 2026 · katehomes.ca