We have leased in Neptune, Neptune II and Aquarius at Waterpark City, 38 Dan Leckie Way, 19 Bathurst St, 9 Spadina Ave, 11 Brunel Court and 410 Queens Quay W, and closed 70 leases for landlords across Toronto since 2015. We price from the leases that closed in your building, screen every applicant ourselves, and charge one month's rent plus HST. We lease; we do not manage.
In Toronto C01, the MLS district that includes Fort York, CityPlace and Harbourfront along with a wider stretch of downtown west, 4,233 condos leased in the second quarter of 2026, at an average of $2,475 for a one-bedroom and $3,494 for a two-bedroom. Those are district averages, not Fort York averages: your unit will land above or below them depending on the building, the floor, parking and condition, which is why we price from the last few leases in your building. The full service, fee and process are on our Toronto condo leasing page; this page is about this pocket.
| Suite type | Average lease, Toronto C01, Q2 2026 | Leases in the quarter |
|---|---|---|
| Bachelor | $1,934 | 365 |
| One bedroom | $2,475 | 2,575 |
| Two bedroom | $3,494 | 1,114 |
| Three bedroom | $4,446 | 179 |
Source: Toronto Regional Real Estate Board, Rental Market Report Q2 2026, condominium apartments, Toronto C01, April to June 2026. Checked 15 October 2026.
Across the GTA, average condo rents in that quarter were 1 to 4 per cent lower than a year earlier, so a price set from last year's lease will usually sit above the market. Two near-identical one-plus-den suites in the same Fort York building leased $300 apart in 2026; parking was the only difference.
Neptune (209 Fort York Blvd), Neptune II (215 Fort York Blvd), Aquarius (219 Fort York Blvd), 38 Dan Leckie Way, 19 Bathurst St, 9 Spadina Ave, 11 Brunel Court and 410 Queens Quay W, plus Liberty Village and King West buildings north of the rail corridor.
†Closed lease trades recorded to Luke Fraser, Royal LePage Signature Realty trade production report, 13 January 2015 to 4 August 2026. "For landlords" = listing-end leases on Luke's own record (team-split trades excluded); "including team deals" = every lease trade in the report over the same period. The Fort York, CityPlace and Harbourfront count covers Fort York Blvd, Dan Leckie Way, Bathurst St, Spadina Ave, Brunel Court and Queens Quay W.
Three inputs: every lease in your building over the last few months, what is listed right now, and what your suite has that the comparables do not - parking, a locker, the floor, the exposure, furnished or not. Asking rents on realtor.ca are not achieved rents; completed leases, what tenants actually signed for, are only visible through the board, and that is what we price from. We show you both, with days on market for each comparable, so you can see what overpricing cost the owners who tried it. You get a recommended list price with a realistic range, in writing, usually the same business day. It is a recommendation and a range, not a promise; the final number is a decision we make together.
Done only by licensed agents and brokers, with a member of our team present for every tenant who wants to see the property, and coordinated with your current tenant on at least 24 hours' written notice. Concierge sign-in, elevator and key rules differ from building to building in Fort York, and we handle them so showings happen when they are booked.
The same six checks on every applicant (application, matched ID, employment letter and pay stubs, a credit report we pull ourselves, income against rent, landlord references we call), the Ontario Standard Lease, first and last in trust until move-in, the condo corporation notice within 10 days, and a fee of one month's rent plus HST with no renewal fee and no property management. Full details on the Toronto condo leasing page →
In the second quarter of 2026, condos in Toronto C01, the MLS district that includes Fort York, CityPlace and Harbourfront, leased for an average of $1,934 (bachelor), $2,475 (one bedroom), $3,494 (two bedroom) and $4,446 (three bedroom), according to TRREB. Those are district averages; your building, floor, parking and condition move a unit above or below them, which is why we price from the last few leases in your building.
It depends on the suite type, the price and the time of year. One-bedroom units in buildings with steady lease activity usually lease within weeks when priced against the last few leases there; larger or unusual units take longer, and December and January are slower. The list price is the biggest factor you control.
Unfurnished is the larger market and the longer tenancy. Furnished can earn a premium with shorter stays, corporate or relocating tenants, but it carries more turnover, more wear and an inventory to manage. We will tell you which the recent leases in your building support.
Yes, with at least 24 hours' written notice to your tenant for each showing. A furnished, lived-in unit usually shows better than an empty one, and the gap between tenants is shorter.
Rent increase guideline, notice periods and deposit rules: Government of Ontario, Residential rent increases (ontario.ca), and O. Reg. 516/06 under the Residential Tenancies Act, 2006, section 17, checked 14 October 2026. Lease notice to the condo corporation: Condominium Act, 1998, s. 83. General information, not legal advice - confirm your own situation with a lawyer or the Landlord and Tenant Board.
Tell us the building and the suite type. You get a recommended range in writing, usually the same business day.
Tell us the building and the suite type and we will send you what it leased for and what we would list it at - usually the same business day.