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 The Kingsway and Old Mill are The Terraces of Old Mill, Riverhouse at the Old Mill, Kingsway Condominiums, Kingsway Village Square and The Kensington. Condo apartments leased through TRREB’s MLS® System in district W08 averaged $2,172 a month for a one-bedroom and $2,828 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 | The Terraces of Old Mill | 2662 Bloor St W | 2002 | The subway pick — practically on top of Old Mill station, with full amenities |
| 2 | Riverhouse at the Old Mill | 30 Old Mill Rd | 2014 | The newer luxury option in the Old Mill valley pocket, close to the subway |
| 3 | Kingsway Condominiums | 2855 Bloor St W | 2006 | The larger-layout luxury pick on the Bloor strip |
| 4 | Kingsway Village Square | 571 Prince Edward Dr N | 2019 | A newer amenity mid-rise steps from The Kingsway shops |
| 5 | The Kensington | 10 Old Mill Trail | 1999 | A quiet low-rise with house-sized suites in the Old Mill valley |
How I chose them: I looked at The Kingsway and Old Mill 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 The Kingsway and Old Mill costs right now
| Q2 2026, condo apartments | Avg 1-bed | Avg 2-bed | Units leased |
|---|---|---|---|
| TRREB district W08 | $2,172 | $2,828 | 668 |
| TRREB district W07 | $2,199 | $2,725 | 51 |
| 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 W08 is the TRREB reporting area that covers The Kingsway and Old Mill; it is wider than the neighbourhood itself, so treat these as a guide rather than a quote for any one building.
One caution: district W07 had only 51 condo leases in the quarter, so a few unusual suites can move the average a lot.
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 The Kingsway and Old Mill
The Terraces of Old Mill
2662 Bloor St W
Completed 2002 · 11 storeys · about 119 suites · Developer: H&R Developments
Getting around: Steps from Old Mill station (Line 2).
What the building offers: Indoor pool; gym; rooftop deck; concierge; sauna; party room.
What renters should know:
- Condo fees are reported to include heat, hydro, water and cable — utilities-included rent is common.
- Suites range from about 595 to 2,200+ sq ft.
- Next to the Humber valley trails.
Why it makes the list: The subway pick — practically on top of Old Mill station, with full amenities.
Riverhouse at the Old Mill
30 Old Mill Rd
Completed 2014 · 11 storeys · about 101 suites · Developer: Lanterra Developments
Getting around: A short walk to Old Mill station.
What the building offers: Indoor pool; gym; sauna; concierge; party room; BBQs.
What renters should know:
- Newest of the Old Mill valley buildings, next to the Old Mill Inn and Humber River.
- Condo fees are reported to include heat and air conditioning; hydro typically separate.
- Small building — rentals come up infrequently.
Why it makes the list: The newer luxury option in the Old Mill valley pocket, close to the subway.
Kingsway Condominiums
2855 Bloor St W
Completed 2006 · 8 storeys · about 135 suites · Developer: Park Lawn Company
Getting around: On Bloor St W between Old Mill and Royal York stations — a walk to either.
What the building offers: Indoor pool and whirlpool; fitness centre; concierge; guest suites; landscaped terrace gardens.
What renters should know:
- Boutique luxury building with large suites (about 700 to 2,450 sq ft).
- Condo fees are reported to include heat, A/C and water.
- Located on the south side of Bloor (officially Stonegate-Queensway), steps from Kingsway village shops.
Why it makes the list: The larger-layout luxury pick on the Bloor strip.
More on this building: Kingsway Condominiums and The Montgomery: Two Bloor West Buildings That Are Not in Kingsway South
Kingsway Village Square
571 Prince Edward Dr N
Completed 2019 · 8 storeys · Developer: Dunpar Homes
Getting around: A short walk to Royal York station area on Bloor St W.
What the building offers: Concierge; gym; rooftop deck with firepit; party room; pet wash.
What renters should know:
- Newest mid-rise in the Kingsway village, with suites around 600 to 1,200 sq ft.
- Tucked just north of Bloor — quieter than Bloor frontage.
- Small building; rentals are occasional.
Why it makes the list: A newer amenity mid-rise steps from The Kingsway shops.
The Kensington
10 Old Mill Trail
Completed 1999 · 6 storeys · about 57 suites · Developer: Monarch Group
Getting around: Walking distance to Old Mill station.
What the building offers: Gym; concierge; party room; meeting room; security.
What renters should know:
- Very large suites (about 790 to 2,800 sq ft) — suited to downsizers and families.
- Condo fees are reported to include heat, A/C, water and cable.
- Very small building, so availability is rare.
Why it makes the list: A quiet low-rise with house-sized suites in the Old Mill valley.
Want me to find you a unit in The Kingsway and Old Mill?
Looking to rent in The Kingsway and Old Mill?
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 The Kingsway and Old Mill as a renter
One of Toronto's most established garden-suburb neighbourhoods (Robert Home Smith's 'Kingsway Park'), with Arts-and-Crafts homes on winding treed streets. Condos are mostly boutique mid-rises clustered along Bloor and in the Old Mill valley pocket near the Old Mill Inn.
| The Kingsway and Old Mill in brief | |
|---|---|
| Where it is | Along Bloor St W from the Humber River (Old Mill) west past Royal York Rd toward Islington; The Kingsway proper runs north of Bloor to Dundas St W between the Humber River and Mimico Creek, with Sunnylea south of Bloor. |
| Transit | Line 2 Bloor–Danforth at Old Mill and Royal York stations. Old Mill station is not yet accessible (elevators targeted for 2028). 66 Prince Edward bus from Old Mill south to Humber Bay; 48 and 73 buses also serve the area. |
| Everyday life | Bloor St W shops, cafés and restaurants in The Kingsway village strip; Humber River trails and King's Mill Park; the Old Mill Inn & Spa; Bloor West Village to the east across the river. |
| Official City neighbourhood | Kingsway South (15) north of Bloor; Stonegate-Queensway (16) south of Bloor (e.g. 2855 Bloor St W); Edenbridge-Humber Valley (9) to the north |
Things renters in The Kingsway and Old Mill should know
- Condo rental supply is small — most buildings are boutique (roughly 60–135 units), so listings are sparse and turnover is slow.
- Subway access is the big draw: several buildings are within a short walk of Old Mill or Royal York stations.
- Older luxury buildings often have large suites and fees that cover most utilities; steep valley streets near Old Mill can be tricky in winter.
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 The Kingsway and Old Mill, The Terraces of Old Mill and Riverhouse at the Old Mill 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 The Kingsway and Old Mill?
My top five for renters are The Terraces of Old Mill, Riverhouse at the Old Mill, Kingsway Condominiums, Kingsway Village Square and The Kensington, chosen for transit access, amenities, suite sizes, building condition and rental supply.
How much does it cost to rent a condo in The Kingsway and Old Mill?
In Q2 2026, condo apartments leased in TRREB district W08, which covers The Kingsway and Old Mill, averaged $2,172 a month for a one-bedroom and $2,828 for a two-bedroom. The City of Toronto averages were $2,316 and $3,154.
Which condo in The Kingsway and Old Mill is best for transit?
The Terraces of Old Mill at 2662 Bloor St W: steps from Old Mill station (Line 2).
Are older or newer condos better to rent in The Kingsway and Old Mill?
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.
- The Terraces of Old Mill — building facts — accessed September 2026.
- The Terraces of Old Mill — building facts — accessed September 2026.
- Riverhouse at the Old Mill — building facts — accessed September 2026.
- Riverhouse at the Old Mill — building facts — accessed September 2026.
- Kingsway Condominiums — building facts — accessed September 2026.
- Kingsway Condominiums — building facts — accessed September 2026.
- Kingsway Village Square — building facts — accessed September 2026.
- The Kensington — building facts — accessed September 2026.
- The Kingsway and Old Mill — neighbourhood and transit facts — accessed September 2026.
- The Kingsway and Old Mill — neighbourhood and transit facts — accessed September 2026.
- The Kingsway and Old Mill — neighbourhood and transit facts — accessed September 2026.
- The Kingsway and Old Mill — neighbourhood and transit facts — accessed September 2026.
Related reading
- Best Realtor in The Kingsway and Sunnylea (2026): How to Choose
- Top 5 condos to rent in Humber Bay Shores
- Top 5 condos to rent in Mimico
- Top 5 condos to rent in Long Branch and New Toronto
- 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.