Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
What's Your Unit Worth Right Now?
Get a free AI-powered price range for your condo in under 90 seconds — floor, exposure, view, parking and locker included. No name or address required.
Get My Free Estimate →
Going into 2027, a one-bedroom condo in Etobicoke leases for about $2,267 a month and a two-bedroom for about $2,966, based on TRREB’s Q2 2026 data for districts W06 to W10. Both are slightly lower than a year earlier. No official source publishes Etobicoke basement or house rents.
This guide is for tenants planning a move to Etobicoke in 2027 and for owners deciding what to charge. It pulls together the latest published rent figures for condos, townhouses and older rental buildings in Etobicoke, district by district, and is honest about where the data runs out, which is houses and basement apartments.
What is the average rent in Etobicoke going into 2027?
For a condo apartment, the most recent district data from the Toronto Regional Real Estate Board (TRREB) puts the average lease in Etobicoke at about $2,267 a month for a one-bedroom and $2,966 for a two-bedroom in the second quarter of 2026. I worked those out by weighting TRREB’s averages for districts W06 to W10 by the number of leases signed in each. Both are lower than a year earlier.
| Home type (Etobicoke, W06 to W10) | Average monthly rent | Leases in sample | Period and source |
|---|---|---|---|
| Condo apartment, 1 bedroom | $2,267 | 747 | Q2 2026, TRREB |
| Condo apartment, 2 bedrooms | $2,966 | 423 | Q2 2026, TRREB |
| Condo townhouse, 2 bedrooms | $2,884 | 41 | Q2 2026, TRREB |
| Condo townhouse, 3 bedrooms | $3,474 | 29 | Q2 2026, TRREB |
| Purpose-built apartment, 1 bedroom (all tenants) | $1,700 | Survey | October 2025, CMHC |
| Purpose-built apartment, 2 bedrooms (all tenants) | $2,031 | Survey | October 2025, CMHC |
Source: TRREB Rental Market Report, Q2 2026 (averages for W06, W07, W08, W09 and W10, weighted by leases, my calculation); CMHC Rental Market Survey, Toronto CMA, October 2025, Etobicoke Zones 5 to 7.
Two different things are being measured here. TRREB counts new leases signed through the MLS system, which is close to what a new tenant pays today. CMHC surveys what every tenant in older purpose-built buildings pays, including people who have lived there for years under rent control. That is why the CMHC numbers are much lower. If you are moving in 2027, the TRREB numbers are the ones to plan with.
TRREB had not posted its third-quarter 2026 rental report when I checked on 10 November 2026, so Q2 2026 is the latest district data available.
How much is a one-bedroom or two-bedroom condo in Etobicoke by district?
Rents vary a lot across Etobicoke’s five TRREB districts. The south and centre lease the most units. The north is cheaper, but far fewer condos change hands there.
| District (main communities) | 1-bed Q2 2026 | 1-bed Q2 2025 | 2-bed Q2 2026 | 2-bed Q2 2025 | Leased Q2 2026 |
|---|---|---|---|---|---|
| W06 (Mimico, New Toronto, Long Branch, Alderwood) | $2,419 | $2,418 | $3,267 | $3,273 | 446 |
| W07 (Stonegate-Queensway) | $2,199 | $2,397 | $2,725 | $2,905 | 51 |
| W08 (Islington-City Centre West, The Kingsway, Markland Wood and others) | $2,172 | $2,314 | $2,828 | $2,902 | 668 |
| W09 (Humber Heights, Kingsview Village, Richview) | $2,300 | No leases | $2,761 | $2,788 | 16 |
| W10 (Rexdale, Thistletown, West Humber-Clairville and others) | $2,142 | $2,202 | $2,589 | $2,746 | 46 |
Source: TRREB Rental Market Reports, Q2 2026 and Q2 2025, condo apartments, average lease rates by district. District groupings W06 to W10 = Etobicoke. Community names from TRREB community reports. Small samples (W07, W09, W10) can swing a lot.
What stands out:
- W06 held its ground. One- and two-bedroom rents in the south Etobicoke district were almost exactly where they were a year earlier. This district includes the Humber Bay Shores towers, which TRREB counts within Mimico.
- W08 got cheaper. The Islington and Kipling area leased the most condos in Etobicoke, and its one-bedroom average fell by about 6%. More new buildings mean more choice for tenants.
- Supply rose. Across W06 to W10, 1,589 condo apartments were listed for rent in Q2 2026, against 1,368 a year earlier. Leases signed rose from 998 to 1,227.
For building-by-building ideas, see my list of the best Etobicoke condos to rent.
How much does it cost to rent a townhouse in Etobicoke?
TRREB also reports condo townhouse leases. In Q2 2026, Etobicoke’s districts recorded 41 two-bedroom townhouse leases at an average of about $2,884 a month and 29 three-bedroom leases at about $3,474 (my weighted calculation from TRREB’s district averages). W06 was the priciest, with three-bedroom townhouses averaging $3,704 on 12 leases.
These samples are small, so treat them as a guide, not a quote. A three-bedroom townhouse is the closest published figure to a family-sized home in Etobicoke, and it sits about $500 a month above the average two-bedroom condo.
What do older rental apartment buildings in Etobicoke charge?
CMHC’s October 2025 survey covers purpose-built rental buildings, the apartment towers and walk-ups built to be rented rather than sold as condos. It splits Etobicoke into three zones: south, central and north.
| CMHC zone (October 2025) | Bachelor | 1 bedroom | 2 bedrooms | 3 bedrooms+ | Vacancy |
|---|---|---|---|---|---|
| Etobicoke South | $1,502 | $1,493 | $1,762 | Not published | 2.7% |
| Etobicoke Central | $1,693 | $1,874 | $2,190 | $2,497 | 1.9% |
| Etobicoke North | $1,342 | $1,718 | $2,018 | $2,522 | 1.5% |
| All Etobicoke | $1,533 | $1,700 | $2,031 | $2,438 | 2.1% |
| Toronto CMA | $1,491 | $1,761 | $2,046 | $2,317 | 3.0% |
Source: CMHC Rental Market Survey data tables, Toronto CMA, October 2025 (private apartments, average rents of all occupied units, and total vacancy). Some zone figures carry lower reliability ratings in CMHC’s tables.
A vacant unit in one of these buildings usually rents for more than the average, because the average includes long-time tenants. CMHC’s same survey put the average rent of condo apartments rented out in Etobicoke at $2,269 for a one-bedroom and $2,798 for a two-bedroom, with a condo rental vacancy rate of 0.7%. CMHC also counted 15,461 of Etobicoke’s 43,061 condo apartments as rented, about 36%.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
How much is a basement apartment or a house to rent in Etobicoke?
No official source publishes an average rent for Etobicoke basement apartments or detached houses. TRREB’s rental report covers condo apartments and condo townhouses only. CMHC’s district data covers purpose-built apartments and rented condos. Rental platforms publish citywide averages that mix basements in with everything else.
So I will not give you a number I cannot back up. Here is how to get a fair figure yourself:
- Ask for leased comparables, not asking rents. An agent with MLS access can pull homes of the same type and size that actually leased nearby in the last few months.
- Use the published floor and ceiling. A one-bedroom basement should normally rent below a one-bedroom condo in the same district. A detached house will usually rent above a three-bedroom townhouse. Size, parking, laundry and utilities move the price within that range.
- Check what is included. Utilities, parking and laundry are often bundled differently in basements, houses and condos, so compare the total monthly cost, not just the rent.
Ontario’s guide to second units says adding a unit to a house needs a building permit and must meet zoning and Building Code rules. Some basement apartments in Etobicoke were never built with permits. As a tenant, ask the landlord whether the unit was built with a permit, and test the smoke and carbon monoxide alarms before you move in. As an owner, renting an unpermitted unit carries insurance and safety risk. My guide to legal basement apartments in Etobicoke covers the rules.
Are Etobicoke rents going up or down in 2027?
The published data points to rents that have stopped falling, not rents that are about to jump.
- Etobicoke condos were still easing in mid-2026. The weighted one-bedroom average fell about 4% from Q2 2025 to Q2 2026, and the two-bedroom about 3%.
- Toronto turned in the autumn. The Rentals.ca and Urbanation report released 5 November 2026 showed Toronto’s average asking rent for apartments and condos at $2,590 in October 2026, up 1.6% from a year earlier, the city’s first annual increase in more than two and a half years. Urbanation’s president said the window for cheaper rents is closing.
- Condo rents in the core edged up. Urbanation’s third-quarter 2026 rental survey found condo rents in the former City of Toronto up 0.7% year over year, while the wider GTHA average condo rent of $2,604 was still down 0.6%.
For 2027, I expect Etobicoke rents to stay close to today’s levels, with any increase coming first in the south Etobicoke waterfront and near the subway. That is my view, not a forecast from a data provider. If you are a tenant, the current supply of listings gives you room to negotiate, especially on two-bedrooms in W08. If you are a landlord, price off what actually leased in your building in the last 90 days, not off last year’s rent.
How much can a landlord raise rent in Etobicoke in 2027?
For most existing tenancies, 1.9%. That is Ontario’s rent increase guideline for increases taking effect in 2027. A landlord must wait at least 12 months between increases and give at least 90 days’ written notice on the proper form.
The big exception: units first occupied for residential purposes after 15 November 2018 are exempt from the guideline. That covers most of the newer condo towers in Etobicoke and many newer basement units. In those, the landlord can raise the rent by any amount, but still only once every 12 months and with 90 days’ notice. Check which rule applies to your unit with my guide on whether an Etobicoke rental is rent-controlled.
Is it cheaper to rent in Etobicoke than in the rest of Toronto?
Yes, for condos. In Q2 2026, TRREB reported City of Toronto averages of $2,316 for a one-bedroom condo and $3,154 for a two-bedroom. Etobicoke’s weighted averages of $2,267 and $2,966 were lower by about $50 and $190 a month. The gap is widest in W08 and W10.
For older purpose-built apartments, the gap is smaller. CMHC’s October 2025 Etobicoke averages were close to the Toronto CMA averages, slightly lower for one-bedrooms and higher for larger units. For landlords weighing the numbers, my Etobicoke rental market guide explains what it costs to get a unit leased.
What to do next
- Pick your district first. Rents in W06 and W08 differ by more than $200 a month for the same size condo.
- Ask for leased comparables from the last 90 days for the exact building or street you want.
- Find out whether the unit was first occupied after 15 November 2018, so you know whether the 1.9% guideline applies.
- For basements and houses, confirm what utilities are included and whether the unit was built with a permit.
- Check TRREB’s rental report page for the Q3 2026 district figures when they are posted, and compare them with this guide.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
What is the average rent in Etobicoke?
About $2,267 a month for a one-bedroom condo and $2,966 for a two-bedroom, based on TRREB’s Q2 2026 lease averages for districts W06 to W10, weighted by leases. Older purpose-built apartments average less because they include long-term tenants: CMHC put Etobicoke at $1,700 for a one-bedroom and $2,031 for a two-bedroom in October 2025. Q2 2026 was the latest district data as of November 2026.
How much is a 1 bedroom apartment in Etobicoke?
A one-bedroom condo in Etobicoke leased for about $2,267 a month on average in Q2 2026, according to TRREB district data. It ranged from about $2,142 in W10 (Rexdale area) to $2,419 in W06 (Mimico, New Toronto, Long Branch and Alderwood). A one-bedroom in an older purpose-built building averaged $1,700 across all tenants in CMHC’s October 2025 survey.
How much is a 2 bedroom condo in Etobicoke?
About $2,966 a month on average in Q2 2026, from TRREB lease data for districts W06 to W10. W06 in south Etobicoke averaged $3,267, while W10 in the north averaged $2,589. Two-bedroom rents in Etobicoke were about 3% lower than a year earlier, and about $190 below the City of Toronto two-bedroom average of $3,154.
How much is a basement apartment in Etobicoke?
No official source publishes average basement rents for Etobicoke as of November 2026. TRREB reports only condo apartments and condo townhouses, and CMHC reports purpose-built and condo rentals. As a guide, a one-bedroom basement usually rents below a one-bedroom condo in the same district, which averaged about $2,142 to $2,419 in Q2 2026. Ask for recently leased comparables.
Is rent going down in Etobicoke?
It was through mid-2026, but the decline is slowing. Etobicoke’s one-bedroom condo average fell about 4% from Q2 2025 to Q2 2026 in TRREB data. By October 2026, Rentals.ca and Urbanation reported Toronto asking rents up 1.6% year over year, the first annual increase in over two and a half years. Etobicoke may follow, but nobody can promise the direction for 2027.
How much can my landlord raise my rent in Etobicoke in 2027?
1.9% for most units, which is Ontario’s rent increase guideline for 2027. Increases need at least 12 months between them and 90 days’ written notice. Units first occupied for residential purposes after 15 November 2018, which includes many newer Etobicoke condos, are exempt from the guideline, so the landlord can raise rent by more, still once a year with notice.
Is Etobicoke cheaper to rent than downtown Toronto?
Yes, for condos. In Q2 2026, Etobicoke’s weighted condo averages were about $2,267 for a one-bedroom and $2,966 for a two-bedroom, against $2,316 and $3,154 for the City of Toronto as a whole in TRREB data. In downtown district C01, the averages were higher still, at $2,475 and $3,494.
How much does it cost to rent a house in Etobicoke?
There is no published average for detached houses in Etobicoke as of November 2026. The closest published figure is the condo townhouse: three-bedroom townhouses leased for about $3,474 a month on average across Etobicoke’s districts in Q2 2026, from TRREB data on 29 leases. A detached house will usually rent higher. Ask an agent for recently leased houses nearby.
What is the vacancy rate in Etobicoke?
2.1% for purpose-built rental apartments in October 2025, according to CMHC’s Rental Market Survey, below the Toronto CMA rate of 3.0%. Condo apartments rented out in Etobicoke had a lower vacancy rate of 0.7%. These are the latest CMHC survey figures as of November 2026, so check cmhc-schl.gc.ca for the October 2026 survey when it is released.
Sources
- TRREB Rental Market Report, Q2 2026 (PDF)
- TRREB Rental Market Report, Q2 2025 (PDF)
- TRREB Rental Market Report page (Q2 2026 still the latest posted, checked 10 November 2026)
- CMHC Rental Market Survey data tables, Toronto CMA, October 2025 (XLSX)
- Rentals.ca and Urbanation National Rent Report, October 2026 (released 5 November 2026)
- Urbanation: Rental Recovery Begins in the GTHA as Vacancy and Incentives Fall (27 October 2026)
- Government of Ontario: Rent increase guideline
- Government of Ontario: Add a second unit in your house
Related reading
- The Queensway Housing Market in 2027: Condo and House Prices
- Should You Buy a Condo on the Queensway in 2027?
- Selling a Condo on the Queensway in 2027: Pricing and Timing
- Renting on the Queensway in 2027: Condo Rents and Where to Look
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.