Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
A one-bedroom condo in North York leased for about $2,205 a month in Q2 2026 and a two-bedroom for about $2,818, based on 2,906 TRREB leases in districts C06, C07, C13, C14, C15 and W05. Three-bedroom townhouses averaged about $3,268. No source publishes basement averages; unfurnished one-bedrooms asked $1,969 in October 2026.
This guide is for anyone renting in North York in 2027, whether near Yonge and Sheppard, Don Mills or York University, and for owners pricing a unit there. You will get real lease numbers by bedroom count and district, why the published averages disagree, an honest answer on basements, and what landlords can charge under the 2027 rules.
What is the average rent in North York right now?
A one-bedroom condo apartment in North York leased for about $2,205 a month in the second quarter of 2026, and a two-bedroom for about $2,818. Three-bedroom condos averaged about $3,545. These are my lease-weighted averages of TRREB’s district figures for the six districts that make up North York: C06, C07, C13, C14, C15 and W05. They cover 2,906 condo leases signed through the MLS System from April to June 2026.
TRREB had not posted its Q3 rental report when I checked on 9 November 2026, so Q2 is the newest quarterly lease data. Here is how it compares with other sources.
| Source and date | What it counts | 1-bedroom | 2-bedroom | 3-bedroom |
|---|---|---|---|---|
| TRREB, Q2 2026 (six districts) | Condo apartments actually leased (average) | $2,205 | $2,818 | $3,545 |
| liv.rent, October 2026 | Unfurnished asking rents, North York | $1,969 | $2,505 | $3,174 |
| CMHC, October 2025 | Rented condo apartments, North York (average) | $2,285 | $2,794 | $3,268 |
| CMHC, October 2025 | Purpose-built rental apartments, North York (average) | $1,643 | $1,915 | $2,196 |
Source: TRREB Rental Market Report Q2 2026 (my lease-weighted average of district averages for C06, C07, C13, C14, C15 and W05); liv.rent October 2026 Ontario rent report; CMHC Rental Market Survey October 2025, North York zones 13 to 17 and North York condo sub-area.
Rentals.ca and Urbanation put North York’s average asking rent for apartments and condos at $2,513 in October 2026, the fifth highest of any Canadian market outside the six largest cities. For the city-wide picture, see my guide to the average rent in Toronto for 2027. The City of Toronto averaged $2,316 for a one-bedroom condo and $3,154 for a two-bedroom in Q2, so North York sits a little below both.
How much is a condo rental in each part of North York?
North York is big, and rents change with the subway line. Here is what condo apartments leased for in each TRREB district in Q2 2026, with the communities TRREB places in each.
| District | TRREB communities | Condo leases | 1-bedroom | 2-bedroom |
|---|---|---|---|---|
| C06 | Bathurst Manor, Clanton Park | 158 | $2,132 | $2,496 |
| C07 | Lansing-Westgate, Newtonbrook West, Westminster-Branson, Willowdale West | 408 | $2,232 | $2,902 |
| C13 | Banbury-Don Mills, Parkwoods-Donalda, Victoria Village | 470 | $2,077 | $2,634 |
| C14 | Newtonbrook East, Willowdale East | 738 | $2,273 | $2,954 |
| C15 | Bayview Village, Bayview Woods-Steeles, Don Valley Village, Henry Farm, Hillcrest Village, Pleasant View | 986 | $2,224 | $2,840 |
| W05 | Black Creek, Downsview-Roding-CFB, Glenfield-Jane Heights, Humber Summit, Humbermede, York University Heights | 146 | $2,171 | $2,663 |
Source: TRREB Rental Market Report Q2 2026, City of Toronto municipal breakdown (average lease rates, condo apartments). Community names from TRREB community reports. North York here means districts C06, C07, C13, C14, C15 and W05.
C14, which takes in Willowdale East along Yonge Street, was the priciest district: $2,273 for a one-bedroom and $2,954 for a two-bedroom, from 738 leases. C13, around Don Mills and Victoria Village, was the cheapest for one-bedrooms at $2,077. C06 was cheapest for two-bedrooms at $2,496.
C15 had the most leases of any district, 986, which reflects how many condos stand around Bayview Village and Sheppard. For larger units, C15 three-bedrooms averaged $3,848 from 49 leases. My guide to condos to rent in North York Centre looks at specific buildings on the Yonge corridor.
Renters still have choice. TRREB counted 3,807 North York condo units listed for lease in the quarter against 2,906 leased.
How much does it cost to rent a townhouse or house in North York?
TRREB recorded 167 townhouse leases across the six districts in Q2 2026. Two-bedroom townhouses averaged about $2,724 (70 leases) and three-bedrooms about $3,268 (78 leases). C15 was the busiest, with 34 three-bedroom leases averaging $3,380. In C14, nine three-bedroom townhouses averaged $3,922.
CMHC’s survey of purpose-built rental townhouses found much lower rents in October 2025: $2,090 for two bedrooms and $2,144 for three or more in North York. Vacancy in those complexes was about 1%, so few ever list.
No public report gives an average rent for a detached house in North York. Use the three-bedroom townhouse figure as a floor and ask an agent for recent leased houses with the same bedrooms and parking. Detached medians from January to October 2026 ran from $971,250 in W05 to $1,691,900 in C14 (TRREB MLS data via REALM), so very few house rents cover an owner’s full carrying cost.
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What does a basement apartment rent for in North York?
No public source publishes an average basement rent for North York. TRREB and CMHC leave basements out of their reports, and liv.rent and Rentals.ca fold them into wider numbers without a separate figure.
A sensible benchmark is liv.rent’s unfurnished one-bedroom asking rent for North York: $1,969 in October 2026. Price a basement up or down from there. A legal unit should meet Ontario’s second-unit standards, including at least 1.95 metres of ceiling height over the required floor area and a bedroom escape window with an opening of at least 0.38 square metres. Separate entrance, private laundry and included utilities all add value. Read my checklist on whether a basement apartment is safe before you sign.
Most new basement apartments first occupied after 15 November 2018 are exempt from Ontario’s rent increase guideline. In those units, the landlord can raise the rent by more than 1.9% in 2027, as long as 12 months have passed and you get 90 days’ written notice. Ask when the unit was first rented and get the answer in writing.
Why do North York rent figures differ so much between sources?
The gap between the lowest and highest one-bedroom numbers above is more than $600. That is not an error. Each source measures something different:
- Signed leases vs asking rents. TRREB counts leases that closed. liv.rent and Rentals.ca count asking rents on listings, and liv.rent’s figures shown here are unfurnished units only.
- New tenants vs long-time tenants. CMHC’s purpose-built figure includes tenants who have stayed for years under rent control. Its own split shows the gap: in North York, vacant one-bedrooms averaged $1,946 against $1,633 for occupied ones, and vacant two-bedrooms $2,369 against $1,907.
- Condos vs rental buildings. Condos are newer and usually pricier. CMHC’s North York condo one-bedroom average of $2,285 is close to TRREB’s lease number.
If you are moving now, the TRREB and liv.rent numbers are the ones that matter. The CMHC purpose-built figure shows why staying in an older lease is often the cheapest option.
Are North York rents going up or down in 2027?
North York asking rents fell harder than most of the GTA over the past year. liv.rent reported the steepest year-over-year drop of the 20 Ontario areas it tracks: unfurnished one-bedrooms fell 9.5%, from $2,176 in October 2025 to $1,969 in October 2026.
The wider trend has started to turn. Rentals.ca and Urbanation reported Toronto’s average apartment and condo asking rent up 1.6% year over year in October 2026, the first annual rise after 32 months of decline, with Urbanation pointing to falling supply. TRREB’s Q2 report said conditions should still favour renters in the near term but could tighten gradually. CMHC found North York purpose-built vacancy rising from 1.6% to 2.6% between October 2024 and October 2025, while rented condos had a vacancy rate of just 0.7%.
My view, which is a view and not a forecast: North York rents look closer to a floor than they did a year ago, but heavy condo supply along Yonge and Sheppard should keep 2027 increases modest.
How much can a North York landlord raise the rent in 2027?
For most units, 1.9%. That is Ontario’s rent increase guideline for increases that take effect in 2027. The landlord must wait at least 12 months from the last increase or the start of the tenancy and give at least 90 days’ written notice on the proper form. On a $2,205 one-bedroom, 1.9% adds about $42 a month.
The guideline does not apply to units first occupied after 15 November 2018, which includes many North York condos finished in the last few years. It also does not limit the rent a landlord sets for a new tenant. My guide to the 2027 rent increase guideline covers the exceptions in detail.
Is it better to rent or buy in North York in 2027?
Condo prices have dropped more than rents. From January to October 2026, median condo apartment sale prices fell year over year in every North York district: to $568,500 in C14 (down 9.0%), $526,750 in C15 (down 6.8%), $560,000 in C13 (down 9.5%) and $491,000 in C06 (down 10.7%), according to TRREB MLS data via REALM.
Lower prices help buyers, but the Bank of Canada raised its policy rate to 2.50% on 28 October 2026 and fixed mortgage rates have risen with bond yields. Add condo fees, property tax and closing costs before you compare. My North York housing market outlook covers prices by home type.
Choose your district first, then your building. The same two-bedroom has leased for about $2,500 in C06 and close to $2,950 in C14, a difference of more than $5,000 a year. If you rent, ask about units that have sat for a few weeks, because listings still outnumber leases. If you own a North York condo, check whether it was first occupied after November 2018. That one date decides whether your future increases are capped at the guideline.
What to do next
- Shortlist two or three districts from the table that fit your commute, then compare their one- and two-bedroom averages.
- Set a budget that keeps rent under about 30% of your before-tax income, and add parking, hydro and tenant insurance.
- Before you sign, ask when the unit was first occupied and confirm the deposit rules in my guide to Ontario rental deposits.
- If you are weighing a purchase, check what your target home is worth with the estimator above and compare the monthly cost with your rent.
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 North York?
About $2,205 a month for a one-bedroom condo and $2,818 for a two-bedroom, based on 2,906 TRREB condo leases in North York districts C06, C07, C13, C14, C15 and W05 in Q2 2026. Rentals.ca put North York’s average apartment and condo asking rent at $2,513 in October 2026. Older purpose-built buildings are cheaper but rarely have vacancies.
How much is a 1-bedroom condo in North York?
A one-bedroom condo in North York leased for about $2,205 a month in Q2 2026 (TRREB). District averages ran from $2,077 in C13 (Don Mills area) to $2,273 in C14 (Willowdale East). Unfurnished one-bedroom asking rents on liv.rent averaged $1,969 in October 2026, so there is room to negotiate on some listings going into 2027.
How much is a 2-bedroom apartment in North York?
About $2,818 a month for a two-bedroom condo in Q2 2026, based on 1,076 TRREB leases across North York. C14 was the highest at $2,954 and C06 the lowest at $2,496. In older purpose-built rental buildings, CMHC found vacant two-bedrooms averaging $2,369 in October 2025, but these units seldom come up.
Are rents going down in North York?
Yes, asking rents fell over the past year. liv.rent reported North York unfurnished one-bedroom asking rents down 9.5% year over year to $1,969 in October 2026, the steepest drop of 20 Ontario areas it tracks. Toronto-wide asking rents rose 1.6% year over year in October, though, so the decline may be ending heading into 2027.
Which part of North York has the cheapest rent?
C13 (Banbury-Don Mills, Parkwoods-Donalda and Victoria Village) had the cheapest one-bedroom condo rents in North York in Q2 2026, at about $2,077 (TRREB). C06 (Bathurst Manor and Clanton Park) had the cheapest two-bedrooms, at about $2,496. C14 along Yonge Street was the most expensive district for both unit sizes.
How much is a basement apartment in North York?
No public source publishes an average basement rent for North York as of November 2026. A fair benchmark is liv.rent’s unfurnished one-bedroom asking rent of $1,969 (October 2026). Price a basement below that if it has low ceilings, small windows, shared laundry or split utilities, and close to it if it is bright, legal and self-contained.
How much does a townhouse rent for in North York?
About $3,268 a month for a three-bedroom townhouse and $2,724 for a two-bedroom, based on 167 TRREB townhouse leases in North York in Q2 2026. In C15, three-bedroom townhouses averaged $3,380 from 34 leases. Older purpose-built rental townhouses averaged $2,144 for three bedrooms in CMHC’s October 2025 survey, with very few vacancies.
How much can my landlord raise my rent in North York in 2027?
For most tenants, 1.9%, the Ontario rent increase guideline for 2027. The landlord needs 12 months since the last increase and 90 days’ written notice. Condo units and basement apartments first occupied after 15 November 2018 are exempt from the guideline, which applies to many newer North York condos, so their rent can rise by more.
What salary do you need to rent in North York?
Roughly $88,000 a year in household income for a one-bedroom condo at about $2,205 a month, using CMHC’s guide that housing is affordable below 30% of before-tax income. A two-bedroom at about $2,818 needs roughly $112,700. Landlords in North York set their own screening rules for 2027, so treat these figures as a guide.
Sources
- TRREB Rental Market Report, Q2 2026 (PDF)
- TRREB: Rental Market Report page (Q2 2026 still the latest posted, checked 9 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)
- liv.rent: October 2026 Ontario rent report
- Government of Ontario: Rent increase guideline
- Government of Ontario: Add a second unit in your house
- CMHC: About affordable housing in Canada
Related reading
- Can My Landlord Enter Without Notice in Ontario?
- Can a Landlord Evict You Without Going to the LTB in Ontario?
- Can My Landlord Raise the Rent Every Year in Ontario? 2027 Rules
- Can a Landlord Put Security Cameras in or Outside a Rental in Ontario?
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.