Real Estate for Rent in South Parkdale, Toronto, ON

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

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Neighbourhood in Toronto

South Parkdale

community-focused active urban diverse

South Parkdale is a vibrant neighbourhood in Toronto. It offers a mix of residential and rental options, making it suitable for many lifestyles.

High walkability score of 95 Diverse community with 42% immigrants Many parks and playgrounds available Good access to public transit Variety of restaurants and cafes

South Parkdale, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

Day to dayLivability

Walkability

out of 100 · averaged over 49 past and present listings

Average walk score reported on listings here

6.7

Schools near listings

out of 10 · averaged over 1,891 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

$641,592

24% below Toronto 11% below Ontario

In South Parkdale

$641,592

In Toronto

$839,823

In Ontario

$717,000

Median monthly rent

$2,348/mo

2% below Toronto 6% below Ontario

In South Parkdale

$2,348

In Toronto

$2,400

In Ontario

$2,500

≈ 22.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $641,592

Condos 55 · Houses 21

For rent

Median $2,348

Houses 27 · Condos 24

Recently sold

Recently leased

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

Close to parks and recreational areas
Strong community feel
Affordable rent compared to city median
Good schools and educational options

Keep in mind

High percentage of renters at 84.9%
Some residents face rental strain

The feel of the placeLifestyle

Daily life in South Parkdale is active and community-oriented, with many amenities within walking distance. Residents enjoy a mix of urban living and green spaces.

Great for young professionals first-time renters families

Within the boundaryWhat's nearby

The boundary

2.2 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

Libraries

Pharmacies

Counted across all 2.2 km² of South Parkdale. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.4/10

Average rating of the 3 rated schools in this area

Elementary

Secondary

Dr. Rita Cox – Kina Minogok Public School
Public · Grades JK–8 · Toronto DSB
7.1/105.8 over 5 yrs
808th of 3,045 Ontario elementary schools
820 students · EQAO 2024-2025
Parkdale Collegiate Institute
Public · Grades 9–12 · Toronto DSB
6.5/106.4 over 5 yrs
311th of 742 Ontario secondary schools
635 students · EQAO 2024-2025
Holy Family Catholic School
Catholic · Grades JK–8 · Toronto CDSB
2.7/103.8 over 5 yrs
2,878th of 3,045 Ontario elementary schools
220 students · EQAO 2024-2025
Mary, Mother of God School
Independent
Not rated

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

21,663

Population (2021)

2.3 km²

Area

9,378

People per km²

40.3

Median age

$58,618

Median income

15%

Own their home

1.8

People per household

11,295

Households

Every age

Children (under 15)9.0%
Working age (15–64)77.1%
Seniors (65+)13.9%

What is built here

Detached houses1.9%
Semi-detached1.2%
Townhouses3%
Duplexes1.7%
Low-rise apartments27.4%
High-rise apartments64.6%

Own or rent

15%Owners

85%Renters

Across 11,295 households

When it was built

Mostly 1960 or earlier

1960 or earlier37%
1961–198032%
1981–19908%
1991–20005%
2001–20052%
2006–20105%
2011–20156%
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.

42%
Born outside Canada: 36.3%
Hold a degree or higher: 57.3%
Employment rate: 41.9%
Commute by transit: 34%
Commute by car: 1.5
Children per family: $52,148
Median income after tax: $76,978
Average household income: 20.2%
Living on a low income: $1,236/mo
Renters pay, per month: $1,970/mo
Owners pay, per month: $1,011,628
Median home value at census: 41.6%
Renters spending 30%+ of income on housing: 19.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 29 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 South Parkdale actually rent for

412 homes were leased in South Parkdale over the 12 months to September 2026. Half leased above $2,341 and half below, 5.4% lower than the 12 months before. A typical home found its tenant in 25 days — 4 days slower than a year ago.

Median rent: $2,341; -5.4% year over year
Days to lease: 25; 4 days slower
Leases closed: 412; last 12 months
Rent per square foot: $3.64/mo; from 290 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.

$3,432$2,856$2,279$1,703

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,999/mo

on a $3,000 asking rent — under ask by $1

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 12.9%

From 412 leases that closed here in the last 12 months.

Rent or buy in South Parkdale

24.8 years

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

Median sold price

$696,372

82 sales

Median rent

$2,341/mo

412 leases

Gross rental yield

4.03%

before costs

Both figures come from deals that actually closed in South Parkdale 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 South Parkdale

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

412leases

Condo apartment$2,34658.7%
Multiplex$2,2628.7%
Other kinds of home$2,5513.4%
Detached$1,7042.9%
Semi-detached$1,9501.2%
Other kinds, too few of each —25.1%

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 — South Parkdale, rentals

Monthly closed leases in South Parkdale
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	31	$2,350	$1,823 – $2,825	19	100.0%
Aug 2026	48	$2,350	$1,990 – $2,650	16	100.0%
Jul 2026	58	$2,372	$2,000 – $3,000	18	100.0%
Jun 2026	28	$2,650	$2,338 – $3,238	16	100.0%
May 2026	35	$2,124	$1,962 – $2,950	29	100.0%
Apr 2026	39	$2,095	$1,913 – $2,850	32	99.9%
Mar 2026	47	$2,300	$2,013 – $2,923	33	100.0%
Feb 2026	26	$2,350	$2,000 – $2,938	22	100.0%
Jan 2026	24	$2,325	$2,000 – $2,913	50	99.6%
Dec 2025	24	$2,275	$2,069 – $2,688	27	100.0%
Nov 2025	15	$2,600	$1,975 – $2,938	31	100.0%
Oct 2025	37	$2,495	$2,100 – $2,750	21	100.0%
Sep 2025	59	$2,600	$2,200 – $2,825	21	100.0%
Aug 2025	69	$2,490	$2,100 – $2,900	22	100.0%
Jul 2025	73	$2,550	$2,250 – $3,000	18	100.0%
Jun 2025	53	$2,300	$2,000 – $2,900	17	100.0%
May 2025	65	$2,200	$2,000 – $2,800	22	100.0%
Apr 2025	45	$2,650	$2,100 – $3,000	17	100.0%
Mar 2025	32	$2,325	$1,990 – $2,713	22	100.0%
Feb 2025	17	$2,500	$2,400 – $2,800	24	100.0%
Jan 2025	19	$2,800	$2,125 – $3,100	21	100.0%
Dec 2024	11	$2,400	$1,921 – $2,850	18	100.0%
Nov 2024	18	$2,650	$2,269 – $2,950	30	100.0%
Oct 2024	22	$2,513	$2,100 – $3,213	28	100.0%
Sep 2024	17	$2,600	$2,500 – $3,000	40	100.0%
Aug 2024	36	$2,750	$2,200 – $3,149	30	100.0%
Jul 2024	22	$2,650	$2,125 – $3,000	38	100.0%
Jun 2024	23	$2,750	$2,405 – $3,300	41	100.0%
May 2024	24	$2,800	$2,375 – $3,313	48	100.0%
Apr 2024	29	$2,595	$2,345 – $2,963	36	100.0%
Mar 2024	28	$2,774	$2,400 – $3,300	27	100.0%
Feb 2024	37	$2,685	$2,250 – $2,860	24	100.0%
Jan 2024	78	$2,474	$2,200 – $3,200	16	100.0%
Dec 2023	75	$2,600	$2,250 – $3,000	21	100.0%
Nov 2023	74	$2,580	$2,350 – $2,995	13	100.0%
Oct 2023	72	$2,400	$2,250 – $3,113	13	100.0%

What people ask about South Parkdale

How much does a home cost in South Parkdale?

Homes in South Parkdale sold for a median of $696,372 over the 12 months to September 2026, across 82 closed sales — half sold for more and half for less. That is 17.8% lower than the 12 months before it.

How long does it take to sell a home in South Parkdale?

A home in South Parkdale took a median of 31 days on the market over the 12 months to September 2026. Homes there closed at 97.4% of the asking price on average, with 14.6% selling over asking.

How much is rent in South Parkdale?

The median lease in South Parkdale closed at $2,341 a month over the 12 months to September 2026, across 412 leases.

Is it cheaper to rent or buy in South Parkdale?

A home in South Parkdale costs about 24.8 years of the rent on one — the median price of $696,372 against a median rent of $2,341 a month, a gross yield of 4.03%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in South Parkdale 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 South Parkdale

A condo here is its own market

Half the condo apartments that changed hands in South Parkdale over the 12 months to September 2026 sold above $484,321. Condos were 17% of everything that closed here, so there is no freehold market in South Parkdale to read that number against.

Median condo sold price: $484K; 14 closed sales
Median condo rent: $2,346/mo; 242 leases
Days to sell: 29; median, condo apartments
Share of all sales: 17%; of everything that closed here