Real Estate for Rent in Danforth, Toronto, ON

Name: HOMEH Market Pulse — Danforth, Toronto closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

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Neighbourhood in Toronto

Danforth

community-oriented vibrant family-friendly

Danforth is a lively neighbourhood in Toronto known for its diverse community. It offers a mix of residential options and many local amenities.

High walkability score of 94 Many restaurants and cafes Strong community feel Good schools available Close to public transit

Danforth, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

Day to dayLivability

Walkability

out of 100 · averaged over 16 past and present listings

Average walk score reported on listings here

6.5

Schools near listings

out of 10 · averaged over 540 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$1,129,450

5% above Toronto 57% above Ontario

In Danforth

$1,129,450

In Toronto

$1,079,000

In Ontario

$718,000

Median monthly rent

$2,000/mo

On par with Toronto 20% below Ontario

In Danforth

$2,000

In Toronto

$2,000

In Ontario

$2,500

≈ 47.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $1,129,450

Houses 13 · Condos 1

For rent

Median $2,000

Houses 14

Recently sold

Recently leased

Market data as of 2026-10-12. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Diverse dining options
Family-friendly environment
Access to parks and playgrounds
Strong sense of community

Keep in mind

Housing prices are above city median
Median rent is high for some

The feel of the placeLifestyle

Daily life in Danforth is vibrant, with plenty of activities and community events. Residents enjoy easy access to shops and transit.

Great for families young professionals first-time buyers

Within the boundaryWhat's nearby

The boundary

1.1 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Pharmacies

Counted across all 1.1 km² of Danforth. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.3/10

Average rating of the 4 rated schools in this area

Elementary

Secondary

Wilkinson Junior Public School
Public · Grades JK–6 · Toronto DSB
7.7/107.8 over 5 yrs
476th of 3,045 Ontario elementary schools
450 students · EQAO 2024-2025
Earl Beatty Junior and Senior Public School
Public · Grades JK–8 · Toronto DSB
6.1/106.4 over 5 yrs
1,525th of 3,045 Ontario elementary schools
415 students · EQAO 2024-2025
Danforth Collegiate Institute and Technical School
Public · Grades 9–12 · Toronto DSB
5.8/105.9 over 5 yrs
422nd of 742 Ontario secondary schools
1,500 students · EQAO 2024-2025
St Brigid Catholic School
Catholic · Grades JK–8 · Toronto CDSB
5.5/106.9 over 5 yrs
1,934th of 3,045 Ontario elementary schools
595 students · EQAO 2024-2025
Greenwood Secondary School
Public · Toronto DSB
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Danforth, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

9,364

Population (2021)

1.1 km²

Area

8,341

People per km²

42.6

Median age

$109,032

Median income

63%

Own their home

2.5

People per household

3,915

Households

Every age

Children (under 15)16.7%
Working age (15–64)65.5%
Seniors (65+)17.7%

What is built here

Detached houses17.5%
Semi-detached31.8%
Townhouses0.8%
Duplexes4.2%
Low-rise apartments34.5%
High-rise apartments10%
Other attached homes0.6%

Own or rent

63%Owners

37%Renters

Across 3,915 households

When it was built

Mostly 1960 or earlier

1960 or earlier76%
1961–198013%
1981–19904%
1991–20002%
2001–20050%
2006–20100%
2011–20151%
2016–20212%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

27.4%
Born outside Canada: 46.2%
Hold a degree or higher: 57.1%
Employment rate: 36.6%
Commute by transit: 45.2%
Commute by car: 1.7
Children per family: $93,444
Median income after tax: $142,852
Average household income: 10.3%
Living on a low income: $1,308/mo
Renters pay, per month: $1,488/mo
Owners pay, per month: $1,130,781
Median home value at census: 29.2%
Renters spending 30%+ of income on housing: 13.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 19 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in Danforth actually rent for

75 homes were leased in Danforth over the 12 months to September 2026. Half leased above $2,440 and half below, 0.1% higher than the 12 months before. A typical home found its tenant in 24 days — 6 days quicker than a year ago.

Median rent: $2,440; +0.1% year over year
Days to lease: 24; 6 days quicker
Leases closed: 75; last 12 months
Rent per square foot: $2.72/mo; from 45 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

$5,504$4,034$2,564$1,093

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,009/mo

on a $3,000 asking rent — over ask by $9

−10%Asking rent+10%

Of the asking rent: 100.3%
Leased over asking: 18.7%

From 75 leases that closed here in the last 12 months.

Rent or buy in Danforth

42.4 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$1,242,565

69 sales

Median rent

$2,440/mo

75 leases

Gross rental yield

2.36%

before costs

Both figures come from deals that actually closed in Danforth over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Danforth

A single median hides this: the mix of homes behind it, and what each kind costs.

75leases

Semi-detached$4,0006.7%
Multiplex$2,9806.7%
Other kinds, too few of each —86.6%

How fast it moves

Median days on market, month by month. Taller means slower.

Feb 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Danforth, rentals

Monthly closed leases in Danforth
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	12	$2,400	$2,000 – $3,035	31	100.0%
Aug 2026	7	$2,100	$1,750 – $2,350	14	100.0%
Jul 2026	10	$2,273	$1,563 – $4,150	29	100.0%
Jun 2026	7	$1,550	$1,398 – $1,675	20	100.0%
May 2026	7	$2,575	$1,975 – $2,875	24	100.0%
Apr 2026	5	$3,900	$1,680 – $4,000	15	101.8%
Mar 2026	2	Not enough leases this month to report a median
Feb 2026	6	$2,725	$1,863 – $3,475	28	100.0%
Jan 2026	2	Not enough leases this month to report a median
Dec 2025	5	$2,500	$2,000 – $2,600	41	100.0%
Nov 2025	7	$1,975	$1,670 – $3,525	14	100.0%
Oct 2025	5	$2,725	$2,375 – $4,200	14	100.0%
Sep 2025	12	$1,910	$1,830 – $3,650	43	100.0%
Aug 2025	10	$2,325	$2,050 – $2,821	22	100.0%
Jul 2025	7	$1,775	$1,475 – $2,025	53	100.0%
Jun 2025	7	$2,300	$1,950 – $3,150	29	100.0%
May 2025	4	Not enough leases this month to report a median
Apr 2025	6	$3,050	$2,438 – $3,775	26	100.0%
Mar 2025	2	Not enough leases this month to report a median
Feb 2025	7	$2,650	$2,100 – $3,148	39	100.0%
Jan 2025	3	Not enough leases this month to report a median
Dec 2024	8	$3,650	$2,750 – $4,084	25	98.6%
Nov 2024	7	$2,400	$1,923 – $2,975	16	100.1%
Oct 2024	7	$2,900	$2,588 – $3,600	6	100.0%
Sep 2024	13	$2,150	$2,000 – $2,900	31	100.0%
Aug 2024	13	$2,500	$2,250 – $3,500	36	100.0%
Jul 2024	3	Not enough leases this month to report a median
Jun 2024	10	$2,400	$2,075 – $3,698	47	101.1%
May 2024	5	$3,700	$2,525 – $3,800	43	100.0%
Apr 2024	1	Not enough leases this month to report a median
Mar 2024	3	Not enough leases this month to report a median
Feb 2024	6	$1,800	$1,700 – $2,750	12	100.0%
Jan 2024	10	$2,800	$1,800 – $4,000	65	100.0%
Dec 2023	8	$1,800	$1,645 – $1,975	28	100.0%
Nov 2023	10	$3,850	$2,300 – $5,200	16	100.0%
Oct 2023	6	$3,000	$2,425 – $4,000	14	100.0%

8 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Danforth

How much does a home cost in Danforth?

Homes in Danforth sold for a median of $1,242,565 over the 12 months to September 2026, across 69 closed sales — half sold for more and half for less. That is 2.9% lower than the 12 months before it.

How long does it take to sell a home in Danforth?

A home in Danforth took a median of 15 days on the market over the 12 months to September 2026. Homes there closed at 104.8% of the asking price on average, with 55.1% selling over asking.

How much is rent in Danforth?

The median lease in Danforth closed at $2,440 a month over the 12 months to September 2026, across 75 leases.

Is it cheaper to rent or buy in Danforth?

A home in Danforth costs about 42.4 years of the rent on one — the median price of $1,242,565 against a median rent of $2,440 a month, a gross yield of 2.36%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Danforth on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in Danforth