Real Estate for Rent in Oakwood Village, Toronto, ON

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Neighbourhood in Toronto

Oakwood Village

community-oriented walkable family-friendly

Oakwood Village is a vibrant neighbourhood in Toronto. It offers a mix of residential homes and amenities, making it appealing for families and young professionals.

High walkability score of 94 Diverse population with 43.6% immigrants Many local schools and parks Median rent is $2,250 Median home price is $1,125,000
Oakwood Village, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Photo of Unit 1808, 161 Oakwood Avenue
For Rent
Listed for:

Listed 16 days ago

$1,975

Unit 1808, 161 Oakwood Avenue

Toronto (Oakwood Village), ON M6E 2V2

1Bedroom
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 902, 161 Oakwood Avenue
For RentCity View
Listed for:

Listed 16 days ago

$2,400

Unit 902, 161 Oakwood Avenue

Toronto (Oakwood Village), ON M6E 2V2

2Bedrooms
1Bathroom
1Parking
800-899Sq Ft

Condo ApartmentFor Rent

Photo of Unit 1, 285 Oakwood Avenue
For Rent
Listed for:

Listed 16 days ago

$1,150

Unit 1, 285 Oakwood Avenue

Toronto (Oakwood Village), ON M6E 2V3

0Bedrooms
1Bathroom
0Parking
< 700Sq Ft

MultiplexFor Rent

Photo of Unit Main, 144 Northcliffe Boulevard
For Rent
Listed for:

Listed 16 days ago

$3,800

Unit Main, 144 Northcliffe Boulevard

Toronto (Oakwood Village), ON M6E 3K6

3Bedrooms
2Bathrooms
0Garage
1.5K-2KSq Ft

DetachedFor Rent

Photo of Unit 203, 1603 Eglinton Avenue W
For RentRooftop Terrace
Listed for:

Listed 17 days ago

$2,600

Unit 203, 1603 Eglinton Avenue W

Toronto (Oakwood Village), ON M6E 0A1

2Bedrooms
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Rent

Photo of Unit 506, 185 Alberta Avenue
For RentRooftop Terrace
Listed for:

Listed 18 days ago

$2,575

Unit 506, 185 Alberta Avenue

Toronto (Oakwood Village), ON M6C 0A5

1 + 1Bedrooms
1Bathroom
1Parking
500-599Sq Ft

Condo ApartmentFor Rent

Day to dayLivability

94

Walkability

out of 100 · averaged over 7 past and present listings

Average walk score reported on listings here

6.1

Schools near listings

out of 10 · averaged over 1,667 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

$1,125,000

25% below Toronto 57% above Ontario

In Oakwood Village

$1,125,000

In Toronto

$1,499,000

In Ontario

$717,000

Median monthly rent

$2,250/mo

10% below Toronto 10% below Ontario

In Oakwood Village

$2,250

In Toronto

$2,500

In Ontario

$2,500

≈ 41.7 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

74

Median $1,125,000

Houses 63 · Condos 11

For rent

73

Median $2,250

Houses 59 · Condos 14

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-10. 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

  • Strong community feel with many amenities
  • Good access to public transit
  • Variety of housing options available
  • Family-friendly atmosphere

Keep in mind

  • Higher prices compared to the city median
  • Some residents face rental strain

The feel of the placeLifestyle

Daily life in Oakwood Village is active and community-oriented, with plenty of local shops and parks. The area is well-suited for walking and public transit.

Great for families young professionals first-time buyers

Within the boundaryWhat's nearby

The boundary

2.3 km²

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

10

Parks

11

Playgrounds

6

Transit stations

7

Grocery stores

38

Restaurants

13

Cafés

1

Gyms

2

Libraries

5

Pharmacies

Counted across all 2.3 km² of Oakwood Village. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.5/10

Average rating of the 7 rated schools in this area

10

Elementary

  • St Thomas Aquinas Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    8.2/106.9 over 5 yrs

    262nd of 3,045 Ontario elementary schools

    405 students · EQAO 2024-2025

  • J R Wilcox Community School

    Public · Grades JK–8 · Toronto DSB

    7.3/105.9 over 5 yrs

    687th of 3,045 Ontario elementary schools

    355 students · EQAO 2024-2025

  • St Clare Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    5.7/107.0 over 5 yrs

    1,807th of 3,045 Ontario elementary schools

    430 students · EQAO 2024-2025

  • Rawlinson Community School

    Public · Grades JK–8 · Toronto DSB

    5.1/104.8 over 5 yrs

    2,146th of 3,045 Ontario elementary schools

    705 students · EQAO 2024-2025

  • St Alphonsus Catholic School

    Catholic · Grades JK–8 · Toronto CDSB

    4.9/105.2 over 5 yrs

    2,233rd of 3,045 Ontario elementary schools

    255 students · EQAO 2024-2025

  • Fairbank Public School

    Public · Grades JK–8 · Toronto DSB

    4.4/104.7 over 5 yrs

    2,432nd of 3,045 Ontario elementary schools

    285 students · EQAO 2024-2025

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

20,830

Population (2021)

2.2 km²

Area

9,367

People per km²

41.9

Median age

$84,417

Median income

51%

Own their home

2.4

People per household

8,635

Households

Every age

  • Children (under 15)14.8%
  • Working age (15–64)67.2%
  • Seniors (65+)18.0%

What is built here

  • Detached houses32.2%
  • Semi-detached14.7%
  • Duplexes7.6%
  • Low-rise apartments27.3%
  • High-rise apartments17.7%

Own or rent

51%Owners

49%Renters

Across 8,635 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier60%
  • 1961–198022%
  • 1981–19906%
  • 1991–20004%
  • 2001–20051%
  • 2006–20100%
  • 2011–20151%
  • 2016–20213%

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.

43.6%
Born outside Canada
34.6%
Hold a degree or higher
56.7%
Employment rate
38.6%
Commute by transit
50.5%
Commute by car
1.6
Children per family
$74,255
Median income after tax
$104,734
Average household income
12.1%
Living on a low income
$1,387/mo
Renters pay, per month
$1,525/mo
Owners pay, per month
$1,036,138
Median home value at census
38%
Renters spending 30%+ of income on housing
13.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 42 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, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in Oakwood Village actually rent for

252 homes were leased in Oakwood Village over the 12 months to September 2026. Half leased above $2,438 and half below, 0.4% higher than the 12 months before. A typical home found its tenant in 27 days.

Median rent
$2,438
+0.4% year over year
Days to lease
27
1 day slower
Leases closed
252
last 12 months
Rent per square foot
$2.85/mo
from 210 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.

$3,644$2,946$2,249$1,551
Oct ’23Oct ’24Sep ’25Sep ’26
Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%
Of the asking rent
100.0%
Leased over asking
17.1%

From 252 leases that closed here in the last 12 months.

Rent or buy in Oakwood Village

38.5 years

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

Median sold price

$1,125,424

162 sales

Median rent

$2,438/mo

252 leases

Gross rental yield

2.6%

before costs

Both figures come from deals that actually closed in Oakwood Village 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 Oakwood Village

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

252leases
  • Detached$2,53926.6%
  • Condo apartment$2,60218.7%
  • Multiplex$2,38815.9%
  • Semi-detached$2,2502.0%
  • Other kinds, too few of each —36.8%

How fast it moves

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

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Oakwood Village, rentals
Monthly closed leases in Oakwood Village
MonthClosedMedianMiddle halfDays% of ask
Sep 202629$2,675$2,100 – $3,15022100.0%
Aug 202644$2,400$1,911 – $2,98132100.0%
Jul 202624$2,475$2,033 – $2,76131100.0%
Jun 202625$2,200$1,850 – $3,00024100.0%
May 202616$2,375$2,075 – $2,76926100.0%
Apr 202621$2,500$2,100 – $3,30016100.0%
Mar 202619$2,550$2,225 – $3,35015100.0%
Feb 202615$2,550$2,050 – $3,31335100.0%
Jan 202612$2,200$1,838 – $2,51365100.0%
Dec 202518$2,475$2,253 – $2,87529100.0%
Nov 202516$2,425$2,100 – $2,88120100.0%
Oct 202513$2,300$1,750 – $2,75015100.0%
Sep 202521$2,388$2,100 – $3,00024100.0%
Aug 202521$2,250$1,790 – $2,60026100.0%
Jul 202528$2,550$2,088 – $3,01332100.0%
Jun 202521$2,400$2,100 – $2,60033100.0%
May 202520$2,500$2,275 – $2,81325100.0%
Apr 202523$2,425$2,025 – $3,03823100.0%
Mar 202515$2,050$1,775 – $2,55019100.0%
Feb 202511$2,300$1,798 – $3,20022100.0%
Jan 202510$2,900$2,513 – $3,22530100.0%
Dec 202412$2,550$2,160 – $2,82524100.0%
Nov 202413$2,095$1,695 – $3,10041100.0%
Oct 202425$2,650$2,249 – $3,50017100.0%
Sep 202415$2,400$1,798 – $2,55027100.0%
Aug 202437$2,450$2,175 – $3,05044100.0%
Jul 202418$2,550$2,113 – $2,93844100.0%
Jun 202420$2,675$2,300 – $3,02544100.0%
May 202418$2,588$2,224 – $3,15060100.0%
Apr 202418$2,850$2,206 – $3,16842100.0%
Mar 202425$2,664$2,450 – $3,17547100.0%
Feb 202427$2,837$2,600 – $3,00028100.0%
Jan 202435$2,600$2,210 – $3,05018100.0%
Dec 202330$2,750$2,425 – $3,05022100.0%
Nov 202334$2,700$2,100 – $3,00012100.0%
Oct 202326$2,600$2,300 – $3,40012100.0%

What people ask about Oakwood Village

How much does a home cost in Oakwood Village?

Homes in Oakwood Village sold for a median of $1,125,424 over the 12 months to September 2026, across 162 closed sales — half sold for more and half for less. That is 3.3% lower than the 12 months before it.

How long does it take to sell a home in Oakwood Village?

A home in Oakwood Village took a median of 23 days on the market over the 12 months to September 2026. Homes there closed at 97.5% of the asking price on average, with 26.5% selling over asking.

How much is rent in Oakwood Village?

The median lease in Oakwood Village closed at $2,438 a month over the 12 months to September 2026, across 252 leases.

Is it cheaper to rent or buy in Oakwood Village?

A home in Oakwood Village costs about 38.5 years of the rent on one — the median price of $1,125,424 against a median rent of $2,438 a month, a gross yield of 2.60%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in Oakwood Village?

Over the 12 months to September 2026 the mix in Oakwood Village was detached (60.5% of sales, median $1,170,663) and semi-detached (12.3% of sales, median $1,198,500).

Compiled by HOMEH from leases reported closed in Oakwood Village 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 Oakwood Village

A condo here is its own market

24 condo apartments are on the market in Oakwood Village right now. Too few have closed here in the last year for us to publish a median we would stand behind.

Median condo rent
$2,602/mo
47 leases