Apartments for Rent in Parkwoods - Donalda, Toronto, ON

Parkwoods - Donalda, Toronto apartment availability

Parkwoods - Donalda's rental market offers a good selection of listings, with an average of 58 rentals available each month in 2024. The neighborhood's rental inventory is relatively balanced, with 1-bedroom, 2-bedroom, and 3-bedroom apartments making up the majority of listings. Many of these apartments offer convenient amenities, such as on-site laundry, which is available in over 80% of rentals. Additionally, the neighborhood is pet-friendly, with nearly 80% of apartments allowing dogs. This makes Parkwoods - Donalda a great option for renters with pets.

Parkwoods - Donalda, Toronto rental market trends

The Parkwoods - Donalda neighborhood in Toronto saw a modest year-over-year increase of 0.65% in average monthly rent, reaching $2,606 in 2024. Breaking it down by bed count, 1-bedrooms averaged $2,315 per month, with a slight 0.04% annual increase. In contrast, 2-bedrooms and 3-bedrooms experienced more significant growth, with average rents of $2,726 and $3,193, respectively, and annual increases of 2.07% and 4.93%. Studios, however, saw a notable decline of 11.77% to $1,766 per month.

In terms of seasonality, May typically sees the highest rent prices, with a 7.89% increase compared to January, the month with the lowest rent. If you're looking for a new apartment, be prepared for more competition during the spring and early summer months. Conversely, if you're flexible with your move-in date, January may offer more affordable options, with prices about 7.89% lower than in May. Keep in mind that the rental market can fluctuate, and being aware of these trends can help you navigate the Parkwoods - Donalda market more effectively.

Why Parkwoods - Donalda, Toronto is a great place to live

Parkwoods - Donalda stands out for its strong social life and commitment to environmental sustainability. The neighborhood's high walk score, well-designed street infrastructure, and abundance of shared spaces make it an ideal spot for renters who value community and social connections. Additionally, the area's emphasis on safety and frequent transit options further enhance its appeal for those who enjoy getting out and about. Parkwoods - Donalda is also a leader in eco-friendly living, with features like non-toxic paint, rainwater harvesting, and community solar projects contributing to its high environmental sustainability score. With its unique blend of social and sustainable living, Parkwoods - Donalda is an attractive choice for renters seeking a responsible and connected lifestyle.