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Market Data as of August 31, 2026

The Ravine — Rental Market Data

10 Deerlick Crt, North York, Ontario M3A 0A7
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
2-Bedroom
2
$2,775
3-Bedroom+
1
$3,050

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2024
Total Suites313
DeveloperUrban Capital Property Group & ALIT Developments

The Ravine at 10 Deerlick Crt in North York's Don Mills submarket is a 313-suite residential tower completed in 2024 by Urban Capital Property Group and ALIT Developments, currently showing three active listings against a 1 percent availability rate. Over the trailing 90 days the building closed 11 leases at an average of $2,350 per month with a 36-day average time on market, while the most recent 30-day window produced six closings at $2,442 per month and a 56-day average DOM.

Active asking rents average $2,867 per month at $2.33 per square foot across an average suite size of 1,867 square feet, a meaningful step up from the 627-square-foot average footprint seen in historical leases that realized $2,266 per month at $3.62 per square foot. The current inventory therefore skews toward larger, higher-priced layouts compared with past leasing activity, and the building's $2.33 per square foot asking rate sits 42.2 percent below the Don Mills submarket benchmark of $4.03 per square foot.

Marketing friction remains modest: the single delisted unit sat for 16 days and asked $2,700 per month, which is $258 above the 30-day realized lease average, indicating that overpricing rather than demand weakness drove its removal. On the negotiation side, 44.4 percent of recent leases closed below asking with tenants capturing an average $28 per month discount, a tenant-favorable outcome worth factoring into offer strategy. Inventory depth is thin: two-bedroom suites offer a small selection of two units, while the three-bedroom-plus tier carries only a single listing, making that top-tier option effectively a one-of-a-kind deal.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at The Ravine as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units3
-2 (40.0%)
Avg Asking Rent$2,867
+$267 (10.3%)
Avg Suite Size1,867 sf
+1172 sf (168.7%)
Avg Days on Market27d
-28d (51.1%)
Avg Asking $/SF$2.33
-$1.45 (38.3%)

Active Market Insights & Questions

How has rental availability changed at The Ravine recently?

The Ravine at 10 Deerlick Crt carries three active listings as of August 31, 2026, with asking rents ranging from $2,700 to $3,050 per month, an average of $2,867 and a median of $2,850. Average suite size across the active pool is 1,867 square feet at an asking rate of $2.33 per square foot, and two-bedroom layouts account for 66.7 percent of available inventory. The current mix leans toward compact entry-level two-bedroom suites alongside a single large-format three-bedroom-plus residence rather than a broad spread of multi-bedroom executive options.

What floor plans and unit layouts are currently available at The Ravine?

Two-bedroom suites dominate The Ravine's active inventory with two listings representing 66.7 percent of available units, averaging $2,775 per month across 900 square feet at $3.10 per square foot. The remaining 33.3 percent is a single three-bedroom-plus listing asking $3,050 per month for 3,800 square feet at $0.80 per square foot, a large-format residence that stands alone in the current pool. No one-bedroom or studio units are currently on the market.

What is the average asking rent and $/SF by suite size at The Ravine?

The Ravine's three active listings span a $350 spread, from a minimum entry rent of $2,700 per month to a peak asking rent of $3,050 per month, a 13 percent range. The median asking rent sits at $2,850 per month. The entry-level suite is a two-bedroom at 950 square feet priced at $2.84 per square foot, while the peak offering is a three-bedroom-plus residence at 3,800 square feet carrying a rate of $0.80 per square foot, reflecting the dramatically larger footprint rather than a premium unit rate.

How much extra do parking spaces and dens cost at The Ravine?

The Ravine's active den premium and associated square-footage delta are unquantified due to insufficient paired listings in the current sample. Marginal cost per square foot for additional den space therefore cannot be reliably calculated from available data. Parking stall premiums also cannot be isolated from current listings; the sample is too small or contains anomalous outliers to produce a dependable figure, and no verified historical lease benchmark exists for parking add-on costs at this building.

How do asking rents at The Ravine compare to local and municipal benchmarks?

The Ravine's average asking rent of $2,867 per month and $2.33 per square foot both trail the Don Mills submarket benchmarks of $3,242 per month and $4.03 per square foot, placing the building 42.2 percent below the submarket asking rate per square foot. The lower nominal monthly outlay is reinforced by suite sizing: the building's average active suite of 1,867 square feet is substantially larger than the compact footprints that typically drive higher per-square-foot rates in the submarket. The Ravine's three listings represent roughly 7 percent of the 44 active units currently listed across the Don Mills submarket.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at The Ravine (Data period: For the month of August 2026).

Units Leased6
Avg Leased Price$2,442
Avg Leased Size627 sf
Avg Days to Lease56d
Leased $/SF$3.75

Leased Transaction Insights & Questions

How many suites were leased at The Ravine last month, and how fast did they rent?

The Ravine at 10 Deerlick Crt in North York closed leases in 56 days on average over the trailing 30 days, compared to 36 days over 90 days and a lifetime average of 33 days, against a Don Mills submarket benchmark of 27 days. The building recorded 6 closed leases in the past 30 days, 11 in the past 90 days, and 18 over its full tracked history. Leasing velocity accelerated sharply into August, with the single busiest month (6 deals) landing in the most recent 30-day window, suggesting a late-summer push that outpaced the earlier spring and early-summer pace.

What is the negotiation spread between asking rents and closed lease prices at The Ravine?

The Ravine's tenants negotiated an average discount of $28 per month (1.2% below asking), translating to $336 in annual savings per unit. 44.4% of all 18 tracked leases closed under the listed asking price, confirming meaningful tenant leverage in this submarket. The net negotiation spread of -$28 per month reflects landlord concessions rather than pricing strength, and prospective renters at The Ravine should expect room to push back on initial asking rates.

What are typical executed lease prices across different layouts at The Ravine?

The Ravine's two highest-volume anchor layouts are the 1-Bedroom + Den at $2,282 per month average (31 days on market) and the 1-Bedroom at $1,924 per month average (24 days on market). The 1-Bedroom + Den tier represents a statistically robust benchmark across 11 closed leases, with a median of $2,300, a P25–P75 range of $2,212 to $2,300, an average suite size of 639 square feet, and a realized rate of $3.58 per square foot. The 1-Bedroom tier is a limited sample of 4 closed leases and serves as a directional reference only; it averages $1,924 per month with a median of $1,925, a P25–P75 range of $1,888 to $1,961, an average size of 540 square feet, and a rate of $3.57 per square foot. The 2-Bedroom tier is also a small sample of 3 closed leases and should be treated as directional only; it averages $2,667 per month with a median of $2,650, a P25–P75 range of $2,650 to $2,675, an average size of 700 square feet, a rate of $3.85 per square foot, and 56 days on market.

What measurable rent premium did suites with parking achieve in closed leases at The Ravine?

The Ravine does not have a reliably isolable parking premium, as paired lease data linking specific suites to dedicated parking bays is insufficient to calculate a verified monthly figure. Active listings at the building also show unreliable or outlier parking charges that do not support a defensible premium estimate. Prospective tenants should request itemized parking costs directly from the leasing office rather than relying on a bundled or implied rate.

How does the lease-to-listing ratio at The Ravine reflect current tenant demand?

The Ravine's realized rents climbed from $2,208 per month in April 2026 to $2,442 per month by August, a $234 increase over the five-month tracked window. April saw 3 closed deals averaging $2,208 per month at $3.60 per square foot with 24 days on market. May recorded 4 deals at $2,080 per month, $3.54 per square foot, and 34 days on market. June was the quietest month with 1 deal at $1,950 per month, $3.55 per square foot, and just 9 days on market. July rebounded to 4 deals at $2,313 per month, $3.55 per square foot, and 13 days on market. August closed the strongest month with 6 deals at $2,442 per month, $3.75 per square foot, and 56 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at The Ravine (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,700
Avg Suite Size600 sf
Avg Days on Market16d
Delisted $/SF$4.50

De-Listed Market Analysis & Questions

How many listings de-listed at The Ravine, and what was their re-listing price compared to previous asking?

The Ravine logged 1 delisted unit over the tracked period, a 16.7% ratio against 6 recent leases in the trailing 30 days, with that single listing classified as a terminated contract. No listings expired or were suspended during the window. A single delisting is not statistically meaningful on its own, but it does flag that at least one prospective tenant walked away from a listed rate, reinforcing the tenant-favorable negotiation dynamic observed across the broader lease set.

How do asking prices on de-listed suites compare to executed leases and active listings at The Ravine?

The Ravine's one delisted unit asked $2,700 per month, which is $258 per month (10.6%) above the $2,442 per month realized lease average in the trailing 30 days. The delisted listing carried a rate of $4.50 per square foot versus the $3.75 per square foot realized in recent leases, indicating direct overpricing relative to what tenants actually paid. This spread confirms that the asking price on that unit exceeded the market-clearing level by a meaningful margin.

What market friction causes rental listings to stall or de-list at The Ravine?

The Ravine's delisted unit spent 16 days on market before being pulled, compared to a 56-day average for realized leases in the trailing 30 days and a 33-day lifetime average. The negative DOM excess of 40 days relative to the 30-day lease average means the delisted listing was withdrawn well before it would have naturally converted, pointing to a landlord decision to reprice rather than a prolonged vacancy carry. No additional months of lost rent or condo fee drag should be attributed to this single listing given its short market exposure.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
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Chart Metrics
Max 2 Plotted
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Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-271123326483.6118
2026-04-281023506473.6419
2026-04-291123366483.6218
2026-04-301023406473.6217
2026-05-011023406473.6218
2026-05-021023406473.6219
2026-05-031023406473.6220
2026-05-041023406473.6221
2026-05-051023406473.6222
2026-05-061023406473.6223
2026-05-071023406473.6224
2026-05-081023406473.6225
2026-05-091023406473.6226
2026-05-101023406473.6227
2026-05-111123096353.6526
2026-05-121123096353.6527
2026-05-131123096353.6528
2026-05-141123096353.6529
2026-05-151123096353.6530
2026-05-161123096353.6531
2026-05-171123096353.6532
2026-05-181123096353.6533
2026-05-191123096353.6534
2026-05-201123096353.6535
2026-05-21923666433.7035
2026-05-22923666433.7036
2026-05-23923666433.7037
2026-05-24923666433.7038
2026-05-251024006743.6135
2026-05-26924116763.6236
2026-05-27725007183.5338
2026-05-28923756803.5330
2026-05-29923756803.5331
2026-05-30923756803.5332
2026-05-31823886843.5332
2026-06-01823886843.5333
2026-06-02823886843.5334
2026-06-03924226923.5431
2026-06-04924226923.5432
2026-06-05924226923.5433
2026-06-06824787093.5338
2026-06-07824787093.5339
2026-06-08824787093.5340
2026-06-09824787093.5341
2026-06-10824787093.5342
2026-06-11725617323.5447
2026-06-12725617323.5448
2026-06-13626387623.5042
2026-06-14626387623.5043
2026-06-15626387623.5044
2026-06-16626387623.5045
2026-06-17725827463.4939
2026-06-18725827463.4940
2026-06-19725827463.4941
2026-06-20725827463.4942
2026-06-21725827463.4943
2026-06-22825477343.5039
2026-06-23825477343.5040
2026-06-24825477343.5041
2026-06-25924867143.5137
2026-06-261024487053.5034
2026-06-271024487053.5035
2026-06-281024487053.5036
2026-06-29924197003.4938
2026-06-30924367003.5138
2026-07-01824787093.5343
2026-07-02824787093.5344
2026-07-03824787093.5345
2026-07-04824727093.5238
2026-07-05824727093.5239
2026-07-06824727093.5240
2026-07-07725397323.5145
2026-07-08725397323.5146
2026-07-09825597343.5241
2026-07-10725897463.5047
2026-07-11725897463.5048
2026-07-12725897463.5049
2026-07-13625717123.6150
2026-07-14526257253.6357
2026-07-15626387043.7749
2026-07-16626387043.7750
2026-07-17525706753.8344
2026-07-18525706753.8345
2026-07-19525706753.8346
2026-07-20525706753.8347
2026-07-21525706753.8348
2026-07-22526006953.7846
2026-07-23526006953.7847
2026-07-24526006953.7848
2026-07-25526006953.7849
2026-07-26526006953.7850
2026-07-27526006953.7851
2026-07-28526006953.7852
2026-07-29526006953.7853
2026-07-30526006953.7854
2026-07-31526006953.7855
2026-08-01526006953.7856
2026-08-02426507063.8063
2026-08-03327677333.8447
2026-08-04426387133.7536
2026-08-05426387133.7537
2026-08-06426387133.7538
2026-08-07426387133.7539
2026-08-08526506903.9032
2026-08-09526506903.9033
2026-08-10626587333.7229
2026-08-117271411713.3025
2026-08-127271411713.3026
2026-08-137268611793.2123
2026-08-147268611793.2124
2026-08-157268611793.2125
2026-08-167268611793.2126
2026-08-176267512503.1311
2026-08-186267512503.1312
2026-08-196267512503.1313
2026-08-206267512503.1314
2026-08-216267512503.1315
2026-08-226267512503.1316
2026-08-236267512503.1317
2026-08-244277515632.7118
2026-08-253286718672.3321
2026-08-263286718672.3322
2026-08-273286718672.3323
2026-08-283286718672.3324
2026-08-293286718672.3325
2026-08-303286718672.3326
2026-08-313286718672.3327

12-Month Market Dynamics & Trend Trajectory

The Ravine has closed 18 leases since its June 2024 registration, averaging $2,266 per month at $3.62 per square foot across suites that measure 627 square feet on average. The lifetime days-on-market figure stands at 33 days, and the building's 313-suite inventory in the Don Mills submarket has seen a steady but modest leasing cadence, with the bulk of activity concentrated in the spring-to-summer 2026 window. Pricing discipline at The Ravine skews tenant-favorable: 44.4% of all tracked leases closed below asking, and the net negotiation spread of -$28 per month (1.2% discount) represents a consistent landlord concession rather than a premium. Tenants saved an average of $336 per year through negotiation, and the submarket's 27-day DOM benchmark suggests The Ravine's 33-day lifetime average is competitive but not exceptional, leaving room for further price sensitivity as the building matures.

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Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-17220256003.3740
2026-05-24119955113.9016
2026-05-31221136003.5224
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-05221256003.539
2026-07-12123006503.5422
2026-07-19127007503.6013
2026-07-260N/AN/AN/AN/A
2026-08-02223006373.6174
2026-08-09126506004.4229
2026-08-16126507503.53125
2026-08-23223756503.6516

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

The Ravine at 10 Deerlick Crt in North York's Don Mills submarket competes against four nearby buildings spanning three distinct construction eras. The closest rival, Bellair Gardens at 18 Valley Woods Rd (0.75 km), completed in 2007, recorded five closed leases over the trailing 180 days. York Mills Heights at 1338 York Mills Road (0.99 km), built in 1975, logged two closed leases in the same window. Argento at 18 Graydon Hall Dr (1.2 km), finished in 2018, posted the highest transaction volume with 13 closed leases over the past six months. The oldest property in the set, 5 Parkway Forest at 5 Parkway Forest Dr (1.52 km), dates to 1970 and registered zero closed leases in the period, suggesting limited turnover or a small active inventory. Across the four comparables, the average closed-lease rent sits at $2,383 per month with an average rate of $3.24 per square foot and an average suite size of 767 square feet. The Ravine's all-time average lease of $2,266 per month on 627 square feet places it below the comp-set rent benchmark while carrying a higher per-square-foot rate of $3.62. That combination reflects the building's compact footprint relative to Bellair Gardens (800 sq ft) and York Mills Heights (875 sq ft), though it edges out Argento by just two square feet. At 2024 completion, The Ravine is the newest asset in this micro-market by a wide margin—17 years newer than Bellair Gardens, 49 years newer than York Mills Heights, and 54 years ahead of 5 Parkway Forest—giving it a modern-facility advantage that older buildings cannot match without capital reinvestment.

18 Valley Woods Rd, North York

Avg Asking$2,449/mo
Avg $/SF$3.44
Rent Spread:
-$418/mo (-14.6%) Lower

17 Brookbanks Drive, North York

Avg Asking$2,363/mo
Avg $/SF$3.15
Rent Spread:
-$504/mo (-17.6%) Lower

57 Parkwoods Village Drive, North York

Avg Asking$2,170/mo
Avg $/SF$2.62
Rent Spread:
-$697/mo (-24.3%) Lower

1338 York Mills Road, North York

Avg Asking$2,596/mo
Avg $/SF$2.78
Rent Spread:
-$270/mo (-9.4%) Lower

150 Graydon Hall Drive, North York

Avg Asking$2,347/mo
Avg $/SF$2.77
Rent Spread:
-$519/mo (-18.1%) Lower

75 Graydon Hall Drive, North York

Avg Asking$3,250/mo
Avg $/SF$5.27
Rent Spread:
+$383/mo (+13.4%) Higher

Comparable Analysis & Questions

How do rental rates at The Ravine compare to neighbouring buildings within Don Mills?

The Ravine's all-time average lease rent of $2,266 per month sits $117 below the four-comp average of $2,383, positioning it as a mid-range option in the Don Mills rental corridor. Bellair Gardens at 18 Valley Woods Rd commands the highest comp rent at $2,510 per month ($3.30 per square foot on 800 square feet), placing The Ravine $244 under that benchmark. York Mills Heights at 1338 York Mills Road leases at $2,325 per month ($2.64 per square foot on 875 square feet), a $59 spread above The Ravine. Argento at 18 Graydon Hall Dr posts $2,315 per month ($3.79 per square foot on 625 square feet), just $49 higher than The Ravine's realized average. 5 Parkway Forest at 5 Parkway Forest Dr had no closed-lease transactions in the trailing 180 days, so no direct rent comparison is available for that property.

Does The Ravine offer a competitive price-per-square-foot ($/SF) against local comparables?

The Ravine leases at an all-time average of $3.62 per square foot on 627 square feet, which is a premium over Bellair Gardens ($3.30/SF) and York Mills Heights ($2.64/SF) but a modest $0.17 per square foot discount below Argento ($3.79/SF). Tenants at The Ravine accept 173 fewer square feet than Bellair Gardens' 800-square-foot average and 248 fewer than York Mills Heights' 875-square-foot average, trading interior space for a 2024-built building with current-generation finishes and systems. Against Argento, the footprint is nearly identical—just two square feet more—while The Ravine's rate per square foot runs $0.17 lower, making it the more cost-efficient choice on a per-foot basis in that pairing. The submarket-wide average lease rate of $3.76 per square foot confirms The Ravine trades slightly below the broader Don Mills benchmark, offering a value entry point for renters who prioritize a modern amenity package over maximum square footage.

How do building age, amenities, and developer reputation impact rent spreads?

The Ravine's 14-amenity suite stands out in the Don Mills cluster by pairing resort-style recreation with family-oriented and pet-friendly features that no single competitor replicates. The building's golf simulator is exclusive to The Ravine—none of the four comparables offer on-site golf practice, while Bellair Gardens provides a business centre and York Mills Heights offers an outdoor pool that The Ravine does not. The dedicated pet wash station at The Ravine has no equivalent at any nearby property, giving pet-owning tenants a convenience that Bellair Gardens, York Mills Heights, Argento, and 5 Parkway Forest all lack. The indoor kids' play room combined with an outdoor children's playground gives The Ravine a two-tier family amenity set; 5 Parkway Forest has only an outdoor playground, and the remaining three comps offer no dedicated children's space at all. The dining room and kitchen at The Ravine matches Bellair Gardens' offering but is absent from York Mills Heights, Argento, and 5 Parkway Forest. Together, this package—golf simulator, pet wash, dual kids' spaces, full-service dining kitchen, and rooftop terrace—best serves young professional couples and small families who want a turnkey lifestyle building where recreation, socialising, and pet care are handled on-site without leaving the property.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Ravine.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Golf Simulator
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Kids' Play Room - Indoor
  • Children's Playground - Outdoor
  • Pet Wash Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Ravine.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.