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Market Data as of August 31, 2026

X2 — Rental Market Data

101 Charles St E, Toronto, Ontario M4Y 0A9
Quick Rent Estimate
Active Suites5 Available
Type
Units
Avg Rent
Studio
2
$2,150
1-Bedroom
1
$2,500
1-Bedroom + Den
1
$2,888
2-Bedroom
1
$3,640

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2015
Total Suites557
DeveloperGreat Gulf Homes & Lifetime Developments

Developed by Great Gulf Homes & Lifetime Developments and completed in 2015, X2 is an established 557-suite residential development located at 101 Charles St E in Cabbagetown. The property maintains a tight 0.9% availability rate across its 5 active listings, reflecting a high-demand rental environment. Over the trailing 90-day window, the building recorded 29 closed leases with an average days on market of 15 days, alongside 11 closed leases over the past 30 days with an average days on market of 13 days.

Current active asking rents average $2,666 per month at an average rate of $4.60 per square foot, which compares to the 90-day realized lease average of $2,847 per month at $3.95 per square foot. Active listings feature an average suite size of 610 square feet, which are more compact than historical 90-day leases averaging 733 square feet, illustrating smaller active footprints rather than cheaper underlying unit pricing. The building's active asking rate of $4.60 per square foot trades above the broader Cabbagetown submarket asking benchmark of $4.33 per square foot.

Marketing friction remains minimal for properly priced inventory, evidenced by closed deals averaging 15 days on market over the past 90 days compared to unrented units that lingered for 122 days on market before expiring due to overpricing relative to realized leases. Tenants successfully negotiated minor concessions averaging an average discount of $1 per month off asking prices (a 0.03% discount) over the past 30 days. Studio layouts provide the deepest selection with 2 units available, while 1-bedroom, 1-bedroom plus den, and 2-bedroom configurations offer single-unit availability for incoming renters.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at X2 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units5
0
Avg Asking Rent$2,666
+$156 (6.2%)
Avg Suite Size610 sf
-26 sf (4.1%)
Avg Days on Market7d
-18d (73.4%)
Avg Asking $/SF$4.60
+$0.46 (11.1%)

Active Market Insights & Questions

How has rental availability changed at X2 recently?

X2 features 5 active listings as of August 31, 2026, spanning an asking price range of $2,100 per month to $3,640 per month with an average monthly rent of $2,666 per month and a median asking rent of $2,500 per month. Active suites average 610 square feet at an average asking rate of $4.60 per square foot. Studio layouts dominate current availability with a 40% share, indicating that active inventory leans toward compact entry-level suites rather than multi-bedroom executive layouts.

What floor plans and unit layouts are currently available at X2?

Studio suites represent the dominant active layout at X2, accounting for 2 listings and a 40% share of current inventory with an average rent of $2,150 per month across an average of 400 square feet at $5.38 per square foot. Single active listings round out the remaining inventory, including a 1-bedroom layout averaging $2,500 per month across 550 square feet at $4.55 per square foot, a 1-bedroom plus den suite asking $2,888 per month across 750 square feet at $3.85 per square foot, and a 2-bedroom option listed at $3,640 per month across 950 square feet at $3.83 per square foot.

What is the average asking rent and $/SF by suite size at X2?

X2 offers a minimum entry rent of $2,100 per month and a peak asking rent of $3,640 per month, creating a dollar spread of $1,540 per month or 73.3%. The median asking rent stands at $2,500 per month. The entry-level option is a Studio suite measuring 400 square feet listed at $5.25 per square foot, whereas the peak unit is a 2-bedroom suite measuring 950 square feet listed at $3.83 per square foot.

How much extra do parking spaces and dens cost at X2?

X2 commands an active den premium of $388 per month for an additional 200 square feet of interior space. This extra square footage equates to a marginal cost of $1.94 per square foot for the den upgrade. Verified parking stall costs add an extra $278 per month for residents requiring parking stalls.

How do asking rents at X2 compare to local and municipal benchmarks?

X2 asks an average rent of $2,666 per month at $4.60 per square foot, which compares to the broader Cabbagetown submarket asking benchmark of $3,178 per month at $4.33 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, resulting in a building asking rate that sits 6.2% above the submarket asking benchmark on a per square foot basis while representing 4.7% of submarket active inventory.

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 X2 (Data period: For the month of August 2026).

Units Leased11
Avg Leased Price$2,807
Avg Leased Size733 sf
Avg Days to Lease13d
Leased $/SF$4.08

Leased Transaction Insights & Questions

How many suites were leased at X2 last month, and how fast did they rent?

X2 recorded 11 closed leases over the 30-day window with an average days on market of 13 days, compared to 29 leases over 90 days averaging 15 days on market, outpacing the Cabbagetown submarket benchmark average days on market of 22 days. Leasing turnover accelerated significantly over the summer months, with 35 total lifetime leases tracked in the dataset demonstrating steady tenant demand.

What is the negotiation spread between asking rents and closed lease prices at X2?

X2 experienced a net tenant discount, with transactions closing on average $1 per month below asking price, representing a 0.03% discount and resulting in $12 in annual tenant savings per lease. Exactly 14.3% of leases closed under asking, reflecting minor pricing flexibility where tenants secured slight concessions from landlords.

What are typical executed lease prices across different layouts at X2?

X2 anchor leasing volume is concentrated in 2-Bedroom and 1-Bedroom layouts, with 2-Bedroom suites averaging $3,290 per month across 19 days on market and 1-Bedroom suites averaging $2,285 per month across 19 days on market. The 2-Bedroom tier represents a robust sample of 15 closed leases with an average rent of $3,290 per month, a median rent of $3,300 per month, a P25-P75 range of $3,150 to $3,400 per month, an average size of 887 square feet, a rate of $3.72 per square foot, and an average DOM of 19 days. The 1-Bedroom tier represents a moderate sample of 9 closed leases with an average rent of $2,285 per month, a median rent of $2,350 per month, a P25-P75 range of $2,190 to $2,400 per month, an average size of 579 square feet, a rate of $3.99 per square foot, and an average DOM of 19 days. The 1-Bedroom + Den tier represents a moderate sample of 8 closed leases with an average rent of $2,900 per month, a median rent of $2,875 per month, a P25-P75 range of $2,700 to $3,088 per month, an average size of 723 square feet, a rate of $4.01 per square foot, and an average DOM of 17 days. The Studio tier represents a small sample of 3 closed leases with an average rent of $2,100 per month, a median rent of $2,150 per month, a P25-P75 range of $2,075 to $2,150 per month, an average size of 456 square feet, a rate of $4.69 per square foot, and an average DOM of 17 days (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at X2?

X2 has insufficient paired data to isolate a specific realized leased parking premium. Suite bundling patterns vary across smaller layouts while parking is commonly bundled in larger 2-Bedroom units. Active asking parking rates are verified at $278 per month for units offering dedicated parking stalls.

How does the lease-to-listing ratio at X2 reflect current tenant demand?

X2 demonstrated a fluctuating rent trajectory across the tracked monthly timeline from spring to late summer. In April 2026, 3 closed deals averaged $3,117 per month at $3.99 per square foot with 55 days on market. In May 2026, 3 closed deals averaged $2,497 per month at $3.80 per square foot with 15 days on market. In June 2026, 4 closed deals averaged $2,888 per month at $4.08 per square foot with 6 days on market. In July 2026, 14 closed deals averaged $2,868 per month at $3.81 per square foot with 19 days on market. In August 2026, 11 closed deals averaged $2,807 per month at $4.08 per square foot with 13 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at X2 (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$3,250
Avg Suite Size800 sf
Avg Days on Market122d
Delisted $/SF$4.06

De-Listed Market Analysis & Questions

How many listings de-listed at X2, and what was their re-listing price compared to previous asking?

X2 recorded 1 total delisted unit with a delisted-to-leased ratio of 9.1%, consisting entirely of 1 expired listing with zero terminated or suspended listings. This indicates a healthy market ratio where approximately 1 listing was pulled for every 11 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at X2?

X2 unrented units asked an average of $3,250 per month, representing a nominal dollar spread of $443 per month above realized lease averages of $2,807 per month and a 15.8% premium in asking price. Unrented units were overpriced relative to realized leases, as prospective tenants rejected inflated pricing demands.

What market friction causes rental listings to stall or de-list at X2?

X2 delisted units averaged 122 days on market compared to a realized lease average days on market of 18 days, generating an excess of 109 marketing days. This extended vacancy carry translates to roughly 3.6 months of lost rental income plus ongoing condo maintenance fees, illustrating the heavy economic carrying cost of overpricing.

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)
2026-04-27727067033.8451
2026-04-28727067033.8452
2026-04-29727067033.8453
2026-04-30726346743.8941
2026-05-01827116903.9137
2026-05-02727866914.0142
2026-05-03727866914.0143
2026-05-04628176984.0151
2026-05-05628176984.0152
2026-05-06526706673.9848
2026-05-07627586983.9441
2026-05-08627586983.9442
2026-05-09627586983.9443
2026-05-10627586983.9444
2026-05-11627586983.9445
2026-05-12527707093.8948
2026-05-13527707093.8949
2026-05-14527707093.8950
2026-05-15527707093.8951
2026-05-16527707093.8952
2026-05-17527707093.8953
2026-05-18527707093.8954
2026-05-19426256743.8824
2026-05-20527207093.8320
2026-05-21426006743.8523
2026-05-22526006693.8819
2026-05-23526006693.8820
2026-05-24526006693.8821
2026-05-25526006693.8822
2026-05-26526006693.8823
2026-05-27526006693.8824
2026-05-28428637134.0621
2026-05-29428637134.0622
2026-05-30329837673.9016
2026-05-31329837673.9017
2026-06-01329837673.9018
2026-06-02430387883.8714
2026-06-03430387883.8715
2026-06-04430387883.8716
2026-06-05430387883.8717
2026-06-06430387883.8718
2026-06-07430387883.8719
2026-06-08430387883.8720
2026-06-09430387883.8721
2026-06-10430387883.8722
2026-06-11329837673.9028
2026-06-12329837673.9029
2026-06-13329837673.9030
2026-06-14329837673.9031
2026-06-15329837673.9032
2026-06-16329837673.9033
2026-06-17329837673.9034
2026-06-18428507134.0426
2026-06-19428507134.0427
2026-06-20428507134.0428
2026-06-21529407404.0123
2026-06-22627836834.1720
2026-06-23627836834.1721
2026-06-24728717214.0919
2026-06-25728717214.0920
2026-06-26728717214.0921
2026-06-27728717214.0922
2026-06-28828817244.0820
2026-06-29629427404.0026
2026-06-30529407404.0132
2026-07-01529407404.0133
2026-07-02828317313.9121
2026-07-03828317313.9122
2026-07-04828317313.9123
2026-07-05828317313.9124
2026-07-06928837443.9123
2026-07-07829387693.8424
2026-07-08829387693.8425
2026-07-09829507813.8024
2026-07-10929838003.7622
2026-07-11930728333.7022
2026-07-121029257903.7321
2026-07-13928677723.7423
2026-07-14728297643.7322
2026-07-15728297643.7323
2026-07-16627587333.7827
2026-07-17627587333.7828
2026-07-18627587333.7829
2026-07-19726716883.9726
2026-07-20625676613.9929
2026-07-21625676613.9930
2026-07-22725006334.0727
2026-07-23925336484.0122
2026-07-24826506794.0124
2026-07-25826506794.0125
2026-07-26826506794.0126
2026-07-27926837093.9124
2026-07-28726076833.9729
2026-07-29726076833.9730
2026-07-30726076833.9731
2026-07-31525106364.1425
2026-08-01525106364.1426
2026-08-02525106364.1427
2026-08-03525106364.1428
2026-08-04525106364.1429
2026-08-05726646694.1021
2026-08-06726646694.1022
2026-08-07626176224.2725
2026-08-08626176224.2726
2026-08-09626176224.2727
2026-08-10527106634.0930
2026-08-11628677114.0526
2026-08-12530207603.9628
2026-08-13432508133.9931
2026-08-14432508133.9932
2026-08-15330677833.9140
2026-08-16330677833.9141
2026-08-17428506884.3132
2026-08-18428506884.3133
2026-08-19627836784.2222
2026-08-20528806944.3025
2026-08-21528806944.3026
2026-08-22630077374.2223
2026-08-23730637534.1920
2026-08-24830687534.1819
2026-08-25731637794.1821
2026-08-26731637794.1822
2026-08-27629827174.3024
2026-08-28627636424.5123
2026-08-29627636424.5124
2026-08-30627636424.5125
2026-08-31526666104.607

12-Month Market Dynamics & Trend Trajectory

X2 at 101 Charles St E has established a lifetime leasing history characterized by steady turnover across 35 total closed transactions. Realized lease averages sit at $2,840 per month and $3.94 per square foot across an average suite size of 733 square feet, with a lifetime average days on market of 18 days. Pricing discipline at the property reflects balanced negotiation dynamics where 14.3% of leases closed under asking, securing an average tenant discount of $1 per month or 0.03% below asking. This minimal discount structure highlights strong underlying demand where landlords successfully defended their asking rents without offering deep concessions.

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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
Chart metrics & timeframe
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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)
2026-04-26121906823.215
2026-05-03127006504.154
2026-05-10126006424.0535
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-07132008503.769
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28327836974.195
2026-07-05326676504.1415
2026-07-12531208503.6915
2026-07-19224506253.9413
2026-07-26429138003.6330
2026-08-02129509503.1111
2026-08-09425255834.4319
2026-08-16123756003.9615
2026-08-23530907744.018

Nearby Building Rental Comparables & Price Spreads

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

X2, located at 101 Charles St E, competes directly within a dense micro-market alongside established downtown condominiums built across several structural generations, including X - The Condominium at 110 Charles St E (completed in 2010, 0.06 km away, with 19 active listings), The Waldorf Astoria Lofts at 88 Charles Street East (built in 1990, 0.08 km away, with 5 active listings), 99 Hayden St at 99 Hayden St (built in 1999, 0.12 km away, with 1 active listing), and Couture at 28 Ted Rogers Way (completed in 2013, 0.13 km away, with 28 active listings). These neighboring properties represent a mix of 1990s loft conversions and mid-2010s high-rise construction that directly contextualize the subject building's scale and age. Within this competitive set, the overall comp average lease rent stands at $2,402 per month at an average rate of $3.86 per square foot and an average suite size of 630 square feet. X2 anchors its position in the Cabbagetown rental pool through its 2015 completion year, offering modern tower architecture that balances scale against older structures like The Waldorf Astoria Lofts while closely matching the mid-2010s delivery vintage of Couture.

110 Charles St E, Toronto

Avg Asking$2,984/mo
Avg $/SF$3.90
Rent Spread:
+$319/mo (+12.0%) Higher

88 Charles Street East, Toronto

Avg Asking$2,175/mo
Avg $/SF$4.07
Rent Spread:
-$491/mo (-18.4%) Lower

99 Hayden St, Toronto

Avg Asking$2,625/mo
Avg $/SF$3.78
Rent Spread:
-$41/mo (-1.5%) Lower
Couture125 m

28 Ted Rogers Way, Toronto

Avg Asking$2,607/mo
Avg $/SF$3.99
Rent Spread:
-$58/mo (-2.2%) Lower

100 Hayden St, Toronto

Avg Asking$2,835/mo
Avg $/SF$3.73
Rent Spread:
+$169/mo (+6.3%) Higher

71 Charles St E, Toronto

Avg Asking$6,050/mo
Avg $/SF$2.69
Rent Spread:
+$3,384/mo (+127.0%) Higher

Comparable Analysis & Questions

How do rental rates at X2 compare to neighbouring buildings within Cabbagetown?

X2 achieves an average lease rent of $2,840 per month, comparing against an overall competitive set average of $2,402 per month across key benchmarks such as X - The Condominium, The Waldorf Astoria Lofts, 99 Hayden St, and Couture. Individual building performance shows X - The Condominium at 110 Charles St E averaging $2,829 per month at $3.87 per square foot across an average of 740 square feet. The Waldorf Astoria Lofts at 88 Charles Street East records an average lease rent of $2,140 per month at $4.03 per square foot across 540 square feet. 99 Hayden St at 99 Hayden St registers an average lease rent of $2,100 per month at $3.55 per square foot across 592 square feet. Finally, Couture at 28 Ted Rogers Way commands an average lease rent of $2,539 per month at $3.97 per square foot across 649 square feet.

Does X2 offer a competitive price-per-square-foot ($/SF) against local comparables?

X2 delivers a competitive value proposition by averaging a leased rate of $3.94 per square foot across an average suite size of 733 square feet, positioning itself attractively against nearby alternatives and the submarket lease average of $4.23 per square foot. Renters evaluating X2 versus older or more compact alternatives trade off building age and layout efficiency, securing larger average floor plates than 1990s loft inventory while benefiting from modern mechanical systems that reduce utility burdens compared to older buildings. For instance, while The Waldorf Astoria Lofts leases at $4.03 per square foot across smaller 540 square foot layouts, and 99 Hayden St commands $3.55 per square foot across 592 square feet, X2 provides more interior square footage at a balanced rate per square foot relative to the micro-market benchmark of $3.86 per square foot.

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

X2 delivers a comprehensive lifestyle and amenity profile that compares favorably with surrounding high-rises by offering an extensive suite of wellness, social, and functional spaces tailored to modern urban professionals. The property features signature amenities including an outdoor pool, a gym and fitness centre, a yoga studio, a rooftop terrace, and a party and lounge room, which contrast with the indoor pool, sauna, and steam room found at X - The Condominium, or the limited fitness and terrace footprint available at The Waldorf Astoria Lofts. Furthermore, X2's inclusion of a media and theatre room, games and billiards room, library and reading room, and an on-site dining room with a kitchen surpasses the standard offerings at 99 Hayden St while matching the extensive social infrastructure of Couture. This amenity package primarily serves downtown professionals, medical staff, and executive renters seeking resort-style amenities and robust work-from-home common spaces.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around X2.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Outdoor Pool
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Library & Reading Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for X2.

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.