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Toronto Condos for Lease: May 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, Church-Yonge Corridor, Banbury-Don Mills.


Active Listings 7,468
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 $2,000 362
1 Bedroom $2,000 $2,000 2,028
2 Bedroom $2,000 $3,000 3,685
3 Bedroom $2,000 $3,000 1,014
4+ Bedroom $2,000 $4,000 101

Market Segmentation by Building Type

Property Type Entry Price Average Price Market Share
Condo Apartments $2,000 $3,000 6,704 units
Townhouses $2,000 $3,000 335 units

Note: These figures are for general analytical purposes only and are based on active MLS® inventory as of May 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 High Park North (Median: $1,529/mo).
  • Affordable rent: Studio in O'Connor-Parkview (Median: $1,595/mo).
  • Affordable rent: Studio in Rouge E11 (Median: $1,595/mo).
  • Affordable rent: 1 bed in Danforth (Median: $1,600/mo).

Best Value for Families

  • Family-sized value: 4+ bed in Black Creek for $2,780/mo.

Maximum Availability

  • Maximum inventory in Niagara: 16 active Studio listings.
  • Maximum inventory in Church-Yonge Corridor: 74 active Studio listings.
  • Maximum inventory in Waterfront Communities C8: 18 active Studio listings.
  • Maximum inventory in Waterfront Communities C1: 51 active Studio listings.

High-Inventory Locations (Top 5)

Street / Neighborhood Avg Price Active
Yonge Mount Pleasant West $3,000 233
Church Rosedale-Moore Park $3,000 146
Dupont Dovercourt-Wallace Emerson-Junction $3,000 144
Sheppard Willowdale East $2,000 140
Bay Bay Street Corridor $3,000 136
MLS® Data · May 2026 · katehomes.ca