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 Corktown and Regent Park are River City Phase 3, Corktown District, One Park Place, Paintbox and One Cole. Condo apartments leased through TRREB’s MLS® System in district C08 averaged $2,269 a month for a one-bedroom and $3,122 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 | River City Phase 3 | 170 Bayview Ave | 2018 | The design-forward newer tower in the River City complex, with a pool and park at the door |
| 2 | Corktown District (Phase I) | 549-569 King St E (also 52 Sumach St) | 2011 | The loft-style low-rise pick on King Street's streetcar line |
| 3 | One Park Place (North & South Towers) | 170 Sumach St (North) and 55 Regent Park Blvd (South) | 2014 (North), 2015 (South) | The amenity-rich pick in Regent Park, facing the park and aquatic centre |
| 4 | Paintbox | 225 Sackville St | 2012 | A good-value mid-size tower with utilities in the fees and arts/cultural amenities next door |
| 5 | One Cole | 1 Cole St (1-25 Cole St) | 2010 | The practical pick: a grocery store downstairs and utilities-inclusive fees |
How I chose them: I looked at Corktown and Regent Park 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 Corktown and Regent Park costs right now
| Q2 2026, condo apartments | Avg 1-bed | Avg 2-bed | Units leased |
|---|---|---|---|
| TRREB district C08 | $2,269 | $3,122 | 3,535 |
| 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 C08 is the TRREB reporting area that covers Corktown and Regent Park; 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 Corktown and Regent Park
River City Phase 3
170 Bayview Ave
Completed 2018 · 29 storeys · about 332 suites · Developer: Urban Capital
Getting around: 504 King streetcar and Cherry St/King streetcars nearby; future Ontario Line station within walking distance.
What the building offers: Outdoor pool; fitness gym; party room; guest suites; concierge.
What renters should know:
- Distinctive modern design; suites range from compact studios to larger 2-beds.
- Fees cover only common elements and insurance, so tenants typically pay their own utilities.
- Next to Corktown Common and the Don River trail.
Why it makes the list: The design-forward newer tower in the River City complex, with a pool and park at the door.
Corktown District (Phase I)
549-569 King St E (also 52 Sumach St)
Completed 2011 · 7 storeys · about 134 suites · Developer: Streetcar Developments
Getting around: On the 504 King streetcar line.
What the building offers: Rooftop deck; gym; party room; media room; BBQ area.
What renters should know:
- Low-rise soft-loft building (10-foot ceilings, large windows) – a different feel from the towers.
- Condo fees are reported to include heat and water.
- Small building, so vacancies are infrequent.
Why it makes the list: The loft-style low-rise pick on King Street's streetcar line.
One Park Place (North & South Towers)
170 Sumach St (North) and 55 Regent Park Blvd (South)
Completed 2014 (North), 2015 (South) · 25 (North) and 29 (South) storeys · 363 (North) + 414 (South) suites · Developer: The Daniels Corporation
Getting around: 505 Dundas streetcar and 65 Parliament bus nearby.
What the building offers: Pool; squash court and basketball court; fitness centre, sauna and yoga studio; piano lounge and party room; rooftop patio; concierge.
What renters should know:
- Right on the Regent Park, next to the Aquatic Centre and Athletic Grounds.
- LEED Gold-standard building with a green roof.
Why it makes the list: The amenity-rich pick in Regent Park, facing the park and aquatic centre.
Paintbox
225 Sackville St
Completed 2012 · 26 storeys · about 282 suites · Developer: The Daniels Corporation
Getting around: Steps from the 505 Dundas streetcar.
What the building offers: Gym; party room; media room; concierge; bike storage.
What renters should know:
- Condo fees are reported to include heat, A/C, water and parking.
- Mostly compact suites (roughly 390-925 sq ft).
- Next to Daniels Spectrum arts centre on Dundas St E.
Why it makes the list: A good-value mid-size tower with utilities in the fees and arts/cultural amenities next door.
One Cole
1 Cole St (1-25 Cole St)
Completed 2010 · 19 storeys · about 292 suites · Developer: The Daniels Corporation
Getting around: Near the 505 Dundas and 506 Carlton streetcars and the 65 Parliament bus.
What the building offers: Concierge; guest suites; media room; meeting room; green roof / rooftop garden.
What renters should know:
- FreshCo grocery in the base – the most convenient grocery access in the area.
- Condo fees are reported to include heat, A/C, water and parking.
- The first condo of the revitalization, so it is older than neighbouring towers.
Why it makes the list: The practical pick: a grocery store downstairs and utilities-inclusive fees.
Want me to find you a unit in Corktown and Regent Park?
Looking to rent in Corktown and Regent Park?
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 Corktown and Regent Park as a renter
Corktown is a 19th-century Irish working-class neighbourhood with preserved rowhouses and converted industrial lofts, now bordered by the West Don Lands. Regent Park is a former public-housing site being rebuilt since 2005 as a mixed-income community of condos, rentals and community housing.
| Corktown and Regent Park in brief | |
|---|---|
| Where it is | Corktown: roughly Parliament Street to the Don River, Shuter/Queen Street East to the rail corridor. Regent Park: Parliament Street to River Street, Gerrard Street East to Shuter Street. |
| Transit | Streetcar territory: 504 King, 501 Queen, 505 Dundas and 506 Carlton cross the area, plus the 65 Parliament bus. The nearest subway stations (King, Queen, TMU, College) are roughly a 15-25 minute walk. The Ontario Line's Moss Park and Distillery District stations are under construction (early-2030s opening expected). |
| Everyday life | FreshCo at One Cole; Regent Park (the 6-acre park), the Pam McConnell Aquatic Centre, Daniels Spectrum and the Regent Park Athletic Grounds; Corktown Common and Underpass Park; shops and cafes along Queen St E, King St E and Parliament St. |
| Official City neighbourhood | Moss Park (Corktown), Regent Park, and St Lawrence-East Bayfront-The Islands (River City / West Don Lands) |
Things renters in Corktown and Regent Park should know
- No subway within easy walking distance yet – commutes rely on streetcars until the Ontario Line opens.
- Regent Park revitalization is ongoing, so construction on nearby blocks is common.
- Condo stock is newer and generally more affordable per square foot than the downtown core.
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 Corktown and Regent Park, River City Phase 3 and Corktown District 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 Corktown and Regent Park?
My top five for renters are River City Phase 3, Corktown District, One Park Place, Paintbox and One Cole, chosen for transit access, amenities, suite sizes, building condition and rental supply.
How much does it cost to rent a condo in Corktown and Regent Park?
In Q2 2026, condo apartments leased in TRREB district C08, which covers Corktown and Regent Park, averaged $2,269 a month for a one-bedroom and $3,122 for a two-bedroom. The City of Toronto averages were $2,316 and $3,154.
Which condo in Corktown and Regent Park is best for transit?
Paintbox at 225 Sackville St: steps from the 505 Dundas streetcar.
Are older or newer condos better to rent in Corktown and Regent Park?
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.
- River City Phase 3 — building facts — accessed September 2026.
- River City Phase 3 — building facts — accessed September 2026.
- Corktown District (Phase I) — building facts — accessed September 2026.
- One Park Place (North & South Towers) — building facts — accessed September 2026.
- One Park Place (North & South Towers) — building facts — accessed September 2026.
- Paintbox — building facts — accessed September 2026.
- Paintbox — building facts — accessed September 2026.
- One Cole — building facts — accessed September 2026.
- Corktown and Regent Park — neighbourhood and transit facts — accessed September 2026.
- Corktown and Regent Park — neighbourhood and transit facts — accessed September 2026.
- Corktown and Regent Park — neighbourhood and transit facts — accessed September 2026.
- Corktown and Regent Park — neighbourhood and transit facts — accessed September 2026.
Related reading
- Top Realtors in Regent Park and Moss Park: How to Judge One Properly
- Top 5 condos to rent in South Core
- Top 5 condos to rent in St. Lawrence Market
- Top 5 condos to rent in The Distillery and Canary District
- 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.