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Neighbourhood in Etobicoke

Homes for rent in New Toronto

community-oriented suburban family-friendly

New Toronto is a vibrant neighbourhood in Etobicoke. It offers a mix of residential options and local amenities.

Close to Lake Ontario Diverse dining options Good schools available Multiple parks and playgrounds Active community events
New Toronto, Etobicoke — HOMEH neighbourhood guide

Etobicoke, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Photo of Unit 11, 200 Tenth Street

Unit 11, 200 Tenth Street

Etobicoke (New Toronto)

For RentNew Listing
Listed for:

Listed 2 days ago

$3,500monthly
  • 2+1Bedrooms
  • 3Bathrooms
  • 2Parking
  • 1.2K~1.4KSq.Ft.

Condo TownhouseFor Rent

Photo of Unit 3, 34 Nineteenth Street

Unit 3, 34 Nineteenth Street

Etobicoke (New Toronto)

For RentNew Listing
Listed for:

Listed 4 days ago

$1,750monthly
  • 1Bedroom
  • 1Bathroom
  • 1Parking
  • <700Sq.Ft.

MultiplexFor Rent

Photo of Unit 189, 10 Lloyd Janes Lane

Unit 189, 10 Lloyd Janes Lane

Etobicoke (New Toronto)

For RentNew Listing
Listed for:

Listed 5 days ago

$2,699monthly
  • 2Bedrooms
  • 3Bathrooms
  • 1Parking
  • 1K~1.2KSq.Ft.

Condo TownhouseFor Rent

Photo of Unit Upper Level, 32 Seventh Street

Unit Upper Level, 32 Seventh Street

Etobicoke (New Toronto)

For RentNew Listing
Listed for:

Listed 5 days ago

$3,600monthly
  • 3Bedrooms
  • 2Bathrooms
  • 0Garage
  • 1.1K~1.5KSq.Ft.

DetachedFor Rent

Photo of Unit 1005, 4 Elsinore Path

Unit 1005, 4 Elsinore Path

Etobicoke (New Toronto)

For RentNew Listing
Listed for:

Listed 5 days ago

$1,900monthly
  • 0Bedrooms
  • 1Bathroom
  • 1Parking
  • 0~499Sq.Ft.

Condo ApartmentFor Rent

Photo of Unit 137, 40 William Jackson Way

Unit 137, 40 William Jackson Way

Etobicoke (New Toronto)

For Rent
Listed for:

Listed 7 days ago

$2,750monthly
  • 2Bedrooms
  • 3Bathrooms
  • 1Parking
  • 1K~1.2KSq.Ft.

Condo TownhouseFor Rent

Day to dayLivability

6.8

Schools near listings

out of 10 · averaged over 962 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

$1,162,500

45% above Etobicoke 64% above Ontario

In New Toronto

$1,162,500

In Etobicoke

$799,000

In Ontario

$709,000

Median monthly rent

$2,498/mo

On par with Etobicoke On par with Ontario

In New Toronto

$2,498

In Etobicoke

$2,500

In Ontario

$2,500

$900

Per square foot

≈ 38.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

41

Median $1,162,500

Houses 33 · Condos 8

For rent

36

Median $2,498

Houses 22 · Condos 14

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-27. 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

  • Family-friendly atmosphere
  • Access to public transit
  • Variety of housing types
  • Community-focused environment

Keep in mind

  • Housing prices above city median
  • Higher rent costs compared to nearby areas

The feel of the placeLifestyle

Residents enjoy a suburban feel with community activities and local shops. Daily life includes outdoor activities and family-friendly events.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

3.4 km²

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

11

Parks

13

Playgrounds

17

Transit stations

3

Grocery stores

20

Restaurants

6

Cafés

6

Gyms

1

Libraries

3

Pharmacies

Counted across all 3.4 km² of New Toronto. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

6.9/10

Average rating of the 4 rated schools in this area

6

Elementary

2

Secondary

  • Father John Redmond Catholic Secondary School

    Catholic · Grades 9–12 · Toronto CDSB

    8.6/108.2 over 5 yrs

    39th of 742 Ontario secondary schools

    1,160 students · EQAO 2024-2025

  • The Holy Trinity Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    7.4/10

    626th of 3,045 Ontario elementary schools

    625 students · EQAO 2024-2025

  • Second Street Junior Middle School

    Public · Grades JK–8 · Toronto DSB

    6.8/106.4 over 5 yrs

    1,026th of 3,045 Ontario elementary schools

    560 students · EQAO 2024-2025

  • Lakeshore Collegiate Institute

    Public · Grades 9–12 · Toronto DSB

    4.9/104.8 over 5 yrs

    559th of 742 Ontario secondary schools

    650 students · EQAO 2024-2025

  • Children's Urban Enrichment Studio

    Independent

    Not rated

  • Seventh Street Junior School

    Public · Grades JK–5 · Toronto DSB

    Not rated

    185 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside New Toronto, 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

11,502

Population (2021)

3.5 km²

Area

3,320

People per km²

41.2

Median age

$74,307

Median income

44%

Own their home

2.2

People per household

5,280

Households

Every age

  • Children (under 15)14.3%
  • Working age (15–64)68.8%
  • Seniors (65+)16.9%

What is built here

  • Detached houses29.6%
  • Semi-detached4.1%
  • Townhouses4.9%
  • Duplexes3.7%
  • Low-rise apartments36.1%
  • High-rise apartments21.5%

Own or rent

44%Owners

56%Renters

Across 5,280 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier44%
  • 1961–198020%
  • 1981–19907%
  • 1991–200015%
  • 2001–20053%
  • 2006–20104%
  • 2011–20153%
  • 2016–20211%

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.

35.3%
Born outside Canada
33.7%
Hold a degree or higher
55.4%
Employment rate
24.9%
Commute by transit
64.7%
Commute by car
1.6
Children per family
$65,595
Median income after tax
$93,578
Average household income
15.8%
Living on a low income
$1,130/mo
Renters pay, per month
$1,680/mo
Owners pay, per month
$950,004
Median home value at census
36.9%
Renters spending 30%+ of income on housing
21%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 20 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 Deep sales history

What homes in New Toronto actually rent for

139 homes were leased in New Toronto over the 12 months to September 2026. Half leased above $2,593 and half below, 1.9% lower than the 12 months before. A typical home found its tenant in 37 days — 10 days slower than a year ago.

Median rent
$2,593
-1.9% year over year
Days to lease
37
10 days slower
Leases closed
139
last 12 months
Rent per square foot
$2.63/mo
from 104 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.

$3,976$3,127$2,279$1,431
Oct ’23Oct ’24Sep ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$3,002/mo

on a $3,000 asking rent — over ask by $2

−10%Asking rent+10%
Of the asking rent
100.1%
Leased over asking
15.1%

From 139 leases that closed here in the last 12 months.

Rent or buy in New Toronto

31 years

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

Median sold price

$964,235

95 sales

Median rent

$2,593/mo

139 leases

Gross rental yield

3.23%

before costs

Both figures come from deals that actually closed in New Toronto 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 New Toronto

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

139leases
  • Condo town$2,89315.1%
  • Detached$3,6003.6%
  • Multiplex$1,7003.6%
  • Other kinds, too few of each —77.7%

How fast it moves

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

Sep 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — New Toronto, rentals
Monthly closed leases in New Toronto
MonthClosedMedianMiddle halfDays% of ask
Sep 202611$2,400$2,150 – $2,77545100.0%
Aug 202610$1,850$1,606 – $2,68832100.0%
Jul 202617$2,195$1,700 – $2,70020100.0%
Jun 20269$3,178$2,775 – $3,80014101.0%
May 202614$2,836$2,500 – $3,30050100.0%
Apr 202614$2,700$1,750 – $3,18824100.0%
Mar 202622$2,620$1,712 – $3,19348100.0%
Feb 202611$2,950$2,525 – $3,55052100.0%
Jan 20269$3,500$3,250 – $3,60026100.0%
Dec 20253 Not enough leases this month to report a median
Nov 20257$2,600$2,250 – $3,25052100.0%
Oct 202512$1,875$1,688 – $2,35033100.0%
Sep 202514$3,025$2,500 – $3,52514100.0%
Aug 202514$2,650$2,396 – $3,17524100.0%
Jul 202514$2,375$2,000 – $2,78832100.0%
Jun 20258$2,975$2,825 – $3,40024100.0%
May 20259$2,624$2,388 – $2,98815100.0%
Apr 202511$2,850$2,250 – $3,12518100.0%
Mar 202513$2,432$1,784 – $3,42019100.0%
Feb 20258$2,325$1,996 – $3,3135699.2%
Jan 202512$2,745$2,275 – $3,40047100.0%
Dec 20249$2,500$2,450 – $2,70023100.0%
Nov 20246$3,175$2,875 – $3,4382799.3%
Oct 20248$2,100$1,800 – $2,72531100.0%
Sep 202410$3,175$2,963 – $3,56340100.0%
Aug 202421$2,450$1,713 – $3,32512100.0%
Jul 20245$2,895$2,700 – $3,00026100.0%
Jun 20244 Not enough leases this month to report a median
May 20247$3,050$2,150 – $3,60042100.0%
Apr 20246$2,650$2,263 – $3,48825100.0%
Mar 20246$2,900$2,900 – $2,97543100.0%
Feb 202411$3,445$3,088 – $3,65051100.0%
Jan 202419$2,855$2,650 – $3,10012100.0%
Dec 202312$2,800$2,688 – $2,89329100.0%
Nov 20239$2,500$2,500 – $2,72520100.0%
Oct 202324$2,963$2,600 – $3,65016100.0%

2 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 New Toronto

How much does a home cost in New Toronto?

Homes in New Toronto sold for a median of $964,235 over the 12 months to September 2026, across 95 closed sales — half sold for more and half for less. That is 3.2% lower than the 12 months before it.

How long does it take to sell a home in New Toronto?

A home in New Toronto took a median of 24 days on the market over the 12 months to September 2026. Homes there closed at 96.5% of the asking price on average, with 13.7% selling over asking.

How much is rent in New Toronto?

The median lease in New Toronto closed at $2,593 a month over the 12 months to September 2026, across 139 leases.

Is it cheaper to rent or buy in New Toronto?

A home in New Toronto costs about 31.0 years of the rent on one — the median price of $964,235 against a median rent of $2,593 a month, a gross yield of 3.23%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in New Toronto 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 New Toronto

A condo here is its own market

2 condo apartments and 17 condo townhouses are on the market in New Toronto right now. Too few have closed here in the last year for us to publish a median we would stand behind.