St. Lawrence Market, Toronto: prices, rent, and living guide

Old Town is the most liveable part of downtown Toronto, largely because of a 1970s mixed-income plan that produced streets rather than towers. The market anchors it, and it is the only stretch of the core where a weekly grocery run happens on foot.

Young professionalsCar free livingFirst time buyers

Typical house

$1.25M

Typical condo

$628K

One bedroom rent

$2,450/mo

Walk Score

Transit 97 · Bike 92

Known for: The market, the Esplanade, and a 1970s mixed-income plan that actually worked. The only part of downtown where you can do a real grocery run.

Part of Downtown Toronto.

Prices and rent in St. Lawrence Market

TRREB recorded 75 sales in Waterfront Communities C8 in 2026 Q1, at an average of $802,923 and a median of $640,000. Homes sold for 95% of list price after 43 days on market.

Property type	Average sale price
Condo apartment	$779,000

TRREB Community Housing Market Report, 2026 Q1, district C08, community Waterfront Communities C8. TRREB suppresses any property type with two or fewer sales in the quarter, so a missing row means too little activity to report, not no demand. St. Lawrence Market is an informal area within or overlapping this community, so treat the figures as the closest official benchmark.

Estimated price by unit size

Condo	Estimate	House	Estimate
Studio	$452,000	2 bed	$1,025,000
1 bed	$628,000	3 bed	$1,250,000
2 bed	$854,000	4 bed	$1,538,000
3 bed	$1,118,000	5+ bed	$1,875,000

Estimated monthly rent

Unit	Monthly rent
Bachelor	$1,980
1 bedroom	$2,450
2 bedroom	$2,770
3 bedroom	$3,260

Unit-size prices and rents are scaled from one benchmark per neighbourhood and are estimates, not appraisals. Compare St. Lawrence Market with the rest of Toronto in the best neighbourhoods in Toronto guide.

Who St. Lawrence Market suits

Downtown workers and downsizers who want the core without CityPlace's isolation, a genuine market at the door, and a mix of building ages rather than only glass towers.

Who it is wrong for

Anyone sensitive to traffic noise from Front Street and the Gardiner, and buyers who want to be away from tourist volume on Saturday mornings.

Pros

St Lawrence Market, the Esplanade and St James Park give it more everyday life than any other downtown pocket
The 1970s St Lawrence redevelopment produced real family-sized units, not only investor studios
Soft condo market: 43 days at 95 percent of list in TRREB's 2026 Q1 report gives buyers room

Cons

Front Street and Gardiner traffic is constant, and the eastern edge toward Parliament changes character quickly
Weekend tourist volume around the market is heavy from spring through autumn
Ongoing North Market construction has dragged on and altered the market's rhythm

Living in St. Lawrence Market

Getting around

King and Union on Line 1, 504 King and 503 Kingston Road streetcars. Walk Score 97, Transit Score 97, Bike Score 92.

Safety

Safe and well overlooked, with steady foot traffic. The change in character comes at the eastern edge toward Parliament and Moss Park, which is the same boundary residents flag in Cabbagetown.

Restaurants

The market itself for produce and prepared food, plus the Esplanade's restaurant row, the Distillery District a short walk east and the King East strip.

Shopping

St Lawrence Market South for food, with the Saturday farmers' market and Sunday antique market in the North building, plus design and furniture retail along King East.

Within a short walk or transit hop

Parks: St James Park, David Crombie Park, Berczy Park and the Sugar Beach waterfront
Library: St Lawrence branch, Toronto Public Library
Recreation: St Lawrence Community Recreation Centre, the Esplanade rink, waterfront trail
Groceries: St Lawrence Market South, the Saturday farmers' market, Metro on Front
Schools: Market Lane Junior and Senior, Nelson Mandela Park, Jarvis Collegiate

Safety text is a qualitative description of the area, not crime statistics. Scores are approximate and vary within the neighbourhood.

Renting in St. Lawrence Market

A one bedroom runs about $2,450 a month, and a two bedroom about $2,770.

A healthy mix of 1970s co-op and non-profit buildings, older mid-rise and newer condos, which is unusual for downtown and keeps the range wider than King West. Family-sized units genuinely exist here.

Where St. Lawrence Market is

Buildings near St. Lawrence Market

Condo and rental buildings within about two kilometres of the centre of St. Lawrence Market, with fees, reviews and what residents say.

See all Toronto buildings.

St. Lawrence Market: frequently asked questions

What neighbourhood is St Lawrence Market in?

The St Lawrence neighbourhood, also called Old Town, bounded roughly by Yonge, Front, Parliament and the rail corridor. TRREB reports it within the C08 Waterfront Communities community, which stretches west along the lakefront.

Is St Lawrence a good place to live?

It is the most liveable part of downtown Toronto for anyone who wants a real grocery run rather than a condo convenience store. The market, the Esplanade, St James Park and a mixed-income housing history that produced actual family units rather than only investor studios. Traffic on Front and the Gardiner is the recurring complaint.

How much are condos near St Lawrence Market?

TRREB's 2026 Q1 Waterfront Communities C8 figures show a median condo apartment sale of about $628,000, over 43 days on market at 95 percent of list. That is a buyer's market by Toronto standards and reflects the same downtown condo softness affecting King West and CityPlace.

Is St Lawrence Market open every day?

The South Market runs Tuesday through Saturday; the farmers' market in the North Market building is Saturday mornings and the antique market Sundays. Hours shift with construction on the North Market rebuild, so check before planning a trip around it.

Is St Lawrence safe?

Yes, and it is one of the busier and better-overlooked parts of downtown. The eastern edge toward Parliament and the Moss Park side is where residents notice a change in character, which is the same boundary that comes up in Cabbagetown discussions.

Nearby Toronto neighbourhoods

Cabbagetown

The largest intact Victorian streetscape in North America

House $1.42M · Condo $589K· Walk 94

2.1 km from St. Lawrence Market

Young professionalsFamiliesBest value

Kensington Market

The most stubbornly independent square kilometre in Canada

House $1.18M · Condo $675K· Walk 97

2.4 km from St. Lawrence Market

StudentsCar free livingBest value

King West

Glass towers, restaurant patios, and the densest nightlife downtown

House $1.33M · Condo $640K· Walk 98

2.5 km from St. Lawrence Market

Young professionalsCar free livingInvestors

Riverdale

Skyline views from the park, big Victorians, and Greektown at the edge

House $1.73M · Condo $700K· Walk 92

2.8 km from St. Lawrence Market

FamiliesCar free living

Similar to St. Lawrence Market elsewhere in Toronto

Yorkville

Luxury retail, gallery openings, and Toronto's priciest condos

House $3.1M · Condo $1.18M· Walk 98

LuxuryYoung professionalsCar free living

Trinity Bellwoods

Queen West's front lawn, and the centre of gravity for west-end Toronto

House $2.08M · Condo $775K· Walk 96