Published 22 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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The best condo buildings to rent in CityPlace are Concord Canada House, Harbour View Estates, Parade, Matrix at CityPlace and Montage. Condo apartments leased through TRREB’s MLS® System in district C01 averaged $2,475 a month for a one-bedroom and $3,494 for a two-bedroom in Q2 2026.
Pick on transit, suite size and what the rent includes — not on the lobby.
The five at a glance
| # | Building | Address | Built | Why renters like it |
|---|---|---|---|---|
| 1 | Concord Canada House | 23 Spadina Ave (also 1 & 3 Concord CityPlace Way) | 2025 | The newest, most amenity-rich tower in CityPlace with the widest range of suite sizes |
| 2 | Harbour View Estates (incl. the CityPlace SuperClub) | 10 Navy Wharf Ct, 35 Mariner Terr, 3 Navy Wharf Ct, 5 Mariner Terr | 2005 | Unmatched amenity package (the SuperClub) at mid-2000s price points |
| 3 | Parade (Parade I & II) | 15 & 21 Iceboat Terrace | 2013 | Park-side location next to CityPlace's schools and community centre |
| 4 | Matrix at CityPlace | 361 & 373 Front St W | 2002 | The value and transit pick on the north edge of CityPlace, closest to King West |
| 5 | Montage | 25 Telegram Mews | 2009 | A KPMB-designed tower with a full amenity package and strong views in the middle of CityPlace |
How I chose them: I looked at CityPlace the way a tenant should — how quickly you reach transit, what the building actually offers day to day, suite sizes, building age and condition, and how many units come up for lease so you have choice. This is my own shortlist, not a paid or third-party ranking, and every building fact below is linked to a source at the end.
What renting a condo in CityPlace costs right now
| Q2 2026, condo apartments | Avg 1-bed | Avg 2-bed | Units leased |
|---|---|---|---|
| TRREB district C01 | $2,475 | $3,494 | 4,233 |
| City of Toronto | $2,316 | $3,154 | 15,388 |
| Whole GTA (TRREB area) | $2,273 | $3,013 | 21,251 |
Source: TRREB Rental Market Report, Q2 2026. District C01 is the TRREB reporting area that covers CityPlace; it is wider than the neighbourhood itself, so treat these as a guide rather than a quote for any one building.
Across the GTA, average condo rents were still below a year earlier in Q2 2026 — one-bedrooms down 2.3% and two-bedrooms down 1.7% — with 27,844 units listed for rent against 21,251 leased. TRREB says conditions still favour renters, which means there is usually room to negotiate on start date, parking or a longer term.
The top 5 condo buildings to rent in CityPlace
Concord Canada House
23 Spadina Ave (also 1 & 3 Concord CityPlace Way)
Completed 2025 · about 1397 suites · Developer: Concord Adex
Getting around: At Spadina Ave by the Rogers Centre; 510 Spadina streetcar at the door and roughly a 15-minute walk to Union Station.
What the building offers: Indoor pool with hot tub, sauna and cold plunge; skyGym and top-floor SkyLounge; outdoor skating rink / courtyard; guest suites; party room and event kitchen; EV charging.
What renters should know:
- Newest building in CityPlace – expect current finishes and strict move-in elevator booking while occupancy settles.
- Very large building (about 1,400 suites) so there is steady lease supply across studio to 3-bed sizes.
- Next to the Rogers Centre and Gardiner – event-day crowds and traffic noise on lower floors.
Why it makes the list: The newest, most amenity-rich tower in CityPlace with the widest range of suite sizes.
Harbour View Estates (incl. the CityPlace SuperClub)
10 Navy Wharf Ct, 35 Mariner Terr, 3 Navy Wharf Ct, 5 Mariner Terr
Completed 2005 · 49 storeys · Developer: Concord Adex
Getting around: Between Spadina Ave and Bremner Blvd; 510 Spadina streetcar a few minutes' walk, about 15 minutes on foot to Union Station.
What the building offers: Super Club with 25 m indoor pool and hot tub; full-size basketball court; bowling alley; multi-level gym with spin studio; tennis court; 24-hour concierge.
What renters should know:
- The SuperClub is one of the largest condo amenity centres downtown and is shared across the complex.
- Built in 2005, so finishes are older than newer towers; landlords' upgrades vary widely.
- Four towers means frequent rental availability in the same complex.
Why it makes the list: Unmatched amenity package (the SuperClub) at mid-2000s price points.
Parade (Parade I & II)
15 & 21 Iceboat Terrace
Completed 2013 · 44 storeys · Developer: Concord Adex
Getting around: West side of CityPlace near Canoe Landing Park and Fort York Blvd; 511 Bathurst and 510 Spadina streetcars each within roughly a 5-10 minute walk.
What the building offers: Theatre room; pet grooming facility; billiards and games room; conference centre; internet lounge.
What renters should know:
- Faces Canoe Landing Park, the community centre and schools – a good fit for renters with kids or dogs.
- 2012-13 towers: mid-life building with generally modern layouts.
Why it makes the list: Park-side location next to CityPlace's schools and community centre.
Matrix at CityPlace
361 & 373 Front St W
Completed 2002 · 32 storeys · Developer: Concord Adex
Getting around: On Front St W near Spadina: the closest CityPlace towers to King St W and the 504 King streetcar, with the 510 Spadina a short walk.
What the building offers: Pool and hot tub; gym; steam room; 24-hour concierge; library and media room; outdoor terrace with BBQs.
What renters should know:
- The original CityPlace phase (2002): older finishes but often more generous layouts than later towers.
- Front St frontage means easier access to King West and the Financial District than the southern towers.
Why it makes the list: The value and transit pick on the north edge of CityPlace, closest to King West.
Montage
25 Telegram Mews
Completed 2009 · 47 storeys · about 529 suites · Developer: Concord Adex
Getting around: Central CityPlace near Spadina Ave; 510 Spadina streetcar about a 5-minute walk, Union Station roughly 15-20 minutes on foot.
What the building offers: Pool; gym; sauna; rooftop deck; party room; guest suites.
What renters should know:
- High-floor units have lake and CN Tower views; lower south units look at the Gardiner.
- Mostly 1-bed and 1+den suites (roughly 545-933 sq ft) – better suited to singles and couples.
Why it makes the list: A KPMB-designed tower with a full amenity package and strong views in the middle of CityPlace.
Want me to find you a unit in CityPlace?
Looking to rent in CityPlace?
Tell me your budget, move-in date and must-haves. I will send you what is actually available in these buildings, before it gets picked over.
I will come back to you personally, usually the same day. If it is urgent, call or text 833-330-1925.
Living in CityPlace as a renter
A master-planned, high-density tower community built mostly by Concord Adex on former rail lands from 2002 onward, now including Concord Canada House (2025). Almost entirely glass condo towers with podium townhouses, a young professional population and a large investor-owned rental pool.
| CityPlace in brief | |
|---|---|
| Where it is | Front St W (north) to Lake Shore Blvd W (south), Bathurst St (west) to Blue Jays Way / Rogers Centre (east); the Gardiner Expressway runs through the southern part (former Railway Lands). |
| Transit | Streetcar-served, no subway station inside the neighbourhood: 510 Spadina (to Spadina and Union stations), 511 Bathurst (to Bathurst station), 509 Harbourfront along the waterfront edge. Union Station (Line 1, GO, UP Express) is roughly a 15-20 minute walk from the east side. Puente de Luz bridge links to Front St / King West for pedestrians and cyclists. |
| Everyday life | Canoe Landing Park (with the Douglas Coupland art installations and sports fields) is the central green space; the community centre and two elementary schools (Jean Lumb PS and Bishop Macdonell CES) sit beside it. A Loblaws flagship with Shoppers Drug Mart is at Lake Shore & Bathurst (17 Bathurst St). King St W restaurants, the Rogers Centre, the CN Tower and the waterfront are all walkable. |
| Official City neighbourhood | Harbourfront-CityPlace (City of Toronto neighbourhood 165) |
Things renters in CityPlace should know
- No subway on site: most commutes start with a 510/511 streetcar or a 15-20 minute walk to Union, so check the walk from the specific tower.
- Units facing the Gardiner Expressway or the rail corridor can be noisy; lake- or park-facing units command a premium.
- Very large rental supply (thousands of suites across ~20 towers) gives renters choice and negotiating room, but also means many near-identical small 1-bed and 1+den layouts.
Before you sign a condo lease
- Use the Ontario Standard Lease. Landlords of most private rental units, condos included, must use the province’s standard lease template for new leases.
- Deposits are capped. A landlord can ask for a rent deposit of no more than one month’s rent, and it must go toward your last month. Damage deposits are not allowed; a key or fob deposit must be refundable. See Ontario rental deposit rules.
- Check the rent-control date. The annual guideline (2.1% for 2026, 1.9% for 2027) does not apply to units first occupied as residences after 15 November 2018. Ask when the building was first occupied — in newer towers your increases are negotiable, not capped.
- Get utilities in writing. Newer towers usually meter hydro separately; many older buildings include it in the condo fee. It can be a real monthly difference.
- Read the condo rules. Tenants must follow the corporation’s declaration and rules — pets, move-in bookings, elevator deposits and short-term rental bans all live there.
The takeaway
In CityPlace, Concord Canada House and Harbour View Estates are where I would start, but the right building depends on your commute and whether you want amenities or square footage. Compare the all-in monthly cost — rent, hydro, parking, locker — not the headline rent, and remember that in Q2 2026 renters, not landlords, had the upper hand across the GTA.
Frequently asked questions
What are the best condo buildings to rent in CityPlace?
My top five for renters are Concord Canada House, Harbour View Estates, Parade, Matrix at CityPlace and Montage, chosen for transit access, amenities, suite sizes, building condition and rental supply.
How much does it cost to rent a condo in CityPlace?
In Q2 2026, condo apartments leased in TRREB district C01, which covers CityPlace, averaged $2,475 a month for a one-bedroom and $3,494 for a two-bedroom. The City of Toronto averages were $2,316 and $3,154.
Which condo in CityPlace is best for transit?
Concord Canada House at 23 Spadina Ave (also 1 & 3 Concord CityPlace Way): at Spadina Ave by the Rogers Centre; 510 Spadina streetcar at the door and roughly a 15-minute walk to Union Station.
Are older or newer condos better to rent in CityPlace?
Newer towers offer more amenities and modern finishes but smaller suites, separately metered hydro and no rent-control guideline if first occupied after 15 November 2018. Older buildings usually have larger layouts and often include utilities in the rent.
Is rent control in effect for condo rentals in Toronto?
Yes for units first occupied as residences on or before 15 November 2018, where increases are limited to the provincial guideline (2.1% in 2026 and 1.9% in 2027) once every 12 months. Units first occupied after that date are exempt from the guideline.
Do I pay a realtor to help me rent a condo?
On most MLS condo leases in the GTA the landlord pays the brokerage commission, but always confirm in writing before signing any agreement. I can search these buildings and review the lease with you.
Sources
- TRREB Rental Market Report, Q2 2026 — condominium apartment rents by district — accessed September 2026.
- Government of Ontario — residential rent increases and the rent increase guideline — accessed September 2026.
- Concord Canada House — building facts — accessed September 2026.
- Concord Canada House — building facts — accessed September 2026.
- Harbour View Estates (incl. the CityPlace SuperClub) — building facts — accessed September 2026.
- Harbour View Estates (incl. the CityPlace SuperClub) — building facts — accessed September 2026.
- Parade (Parade I & II) — building facts — accessed September 2026.
- Matrix at CityPlace — building facts — accessed September 2026.
- Montage — building facts — accessed September 2026.
- CityPlace — neighbourhood and transit facts — accessed September 2026.
- CityPlace — neighbourhood and transit facts — accessed September 2026.
- CityPlace — neighbourhood and transit facts — accessed September 2026.
Related reading
- Best Real Estate Agent in Harbourfront and CityPlace: An Honest Way to Decide
- Top 5 condos to rent in Harbourfront
- Top 5 condos to rent in Fort York and Bathurst Quay
- Top 5 condos to rent in Liberty Village
- Top 5 condos to rent in every Toronto neighbourhood
- How much rent can a landlord charge in Toronto?
- Renting now, buying later: a realistic timeline
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, Etobicoke. I help tenants, landlords, buyers and sellers across Toronto and the GTA. Four-plus years of active GTA transactions and over $100 million in sales volume. Rent figures here come from TRREB’s published rental report and tenancy rules from the Government of Ontario, so you can check all of it without asking me.
Reach me at connect@jatindua.com or 833-330-1925, or book a call.