Relisted ↓ 13.89%
Relisted yesterday
Live - updated Tuesday, September 1, 2026
Ontario's rental market moved today.Here's what changed.
HomeDrops tracks Ontario lease listings daily, detecting rent drops, new inventory, and market signals before they become obvious.
Rent drops today
164
across 22 cities
Average rent drop
$178/mo
per reduced rental
Average drop %
5.9%
mean reduction
Largest rent drop
$1.25K/mo
Toronto (Waterfront Communities)
Monthly rent removed
$29.11K/mo
removed from asking rents
Toronto (Waterfront Communities)-$1.25K/mo13.89% drop
Toronto (Princess-Rosethorn)-$1.1K/mo14.19% drop
Markham (Markville)-$510/mo11.33% drop
Mississauga (East Credit)-$500/mo20.00% drop
Toronto (Dovercourt-Wallace Emerson-Junction)-$500/mo7.69% drop
Toronto (Oakwood Village)-$500/mo16.67% drop
Toronto (Yonge-Eglinton)-$500/mo10.00% drop
Toronto (Bayview Village)-$500/mo16.67% drop
Markham (Rouge Fairways)-$500/mo11.11% drop
Oakville (GA Glen Abbey)-$400/mo6.78% drop
Toronto (Waterfront Communities)-$1.25K/mo13.89% drop
Toronto (Princess-Rosethorn)-$1.1K/mo14.19% drop
Markham (Markville)-$510/mo11.33% drop
Mississauga (East Credit)-$500/mo20.00% drop
Toronto (Dovercourt-Wallace Emerson-Junction)-$500/mo7.69% drop
Toronto (Oakwood Village)-$500/mo16.67% drop
Toronto (Yonge-Eglinton)-$500/mo10.00% drop
Toronto (Bayview Village)-$500/mo16.67% drop
Markham (Rouge Fairways)-$500/mo11.11% drop
Oakville (GA Glen Abbey)-$400/mo6.78% drop
Where market activity is concentrated
Cities ranked by today's rent drop count
City activity
22 active cities
Toronto
66
Mississauga
10
Richmond Hill
7
Vaughan
5
Milton
4
Ajax
4
Brampton
3
Oakville
3
Latest rent drops
164 listings reduced since the previous snapshot
New listings
492 properties entered the rental market today
Listed yesterday
2257 GRAINGER LOOP
Innisfil · Row / Townhouse · 3 bed · 3 bath · 1,500 sqft
$2,800 /mo
Listed yesterday
135 TURNBERRY LANE
Barrie (Painswick South) · Row / Townhouse · 3 bed · 3 bath · 1,100 sqft
$2,500 /mo
Listed yesterday
4 MAX BULMER COURT
Georgina (Keswick North) · House · 4 bed · 6 bath · 3,000 sqft
$4,500 /mo
Listed yesterday
BSMT - 51 MONARCHY STREET
Barrie (Innis-Shore) · House · 1 bed · 1 bath · 1,500 sqft
$1,800 /mo
Market reports
Daily insight now, deeper trend reports as the history grows
Daily briefLive data
Rental market movement
Drops, new listings, and increases today
Explore report →Weekly pulseLive data
Seven-day market movement
Daily qualifying reductions over the latest week
Explore report →Monthly reviewLive data
Ontario rental market review
Recorded reductions by reporting month
Explore report →Free daily alerts
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