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Market Data as of August 31, 2026

Farewell Apartments — Rental Market Data

11 Walmer Road, Toronto, Ontario M5R 2W9
Quick Rent Estimate

Last Lease

Studio
Lease Amount
$2,195/mo
Date Leased: May 6, 2026
Rent psf$5.70/sf
Turnover Velocity40 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypePurpose-Built Rental
Year Completed1963
Total Suites63
DeveloperCromwell

Farewell Apartments is a residential community located in Toronto, Ontario. Completed in 1963, the property features an estimated 63 suites. The building currently features no active rental listings on record as of August 31, 2026.

Looking to compare? Explore more buildings in The Annex
Quick Suite Rent Estimate

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Last Realized Lease

Transaction metrics for the most recently leased suite

Studio
Lease Amount$2,195/mo
Date LeasedMay 6, 2026
Rent psf$5.70/sf
Turnover Velocity40 Days
Active Inventory Status0 Available

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
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
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)
2026-04-27328625954.9821
2026-04-28328625954.9822
2026-04-29328625954.9823
2026-04-30328625954.9824
2026-05-01328625954.9825
2026-05-02328625954.9826
2026-05-03328625954.9827
2026-05-04328625954.9828
2026-05-05328625954.9829
2026-05-06231957004.6225
2026-05-07231957004.6226
2026-05-08231957004.6227
2026-05-09231957004.6228
2026-05-10231957004.6229
2026-05-11231957004.6230
2026-05-12231957004.6231
2026-05-13231957004.6232
2026-05-14231957004.6233
2026-05-15231957004.6234
2026-05-16231957004.6235
2026-05-17231957004.6236
2026-05-18231957004.6237
2026-05-19231957004.6238
2026-05-20231957004.6239
2026-05-21231957004.6240
2026-05-22231957004.6241
2026-05-23231957004.6242
2026-05-24231957004.6243
2026-05-25231957004.6244
2026-05-26231957004.6245
2026-05-27231957004.6246
2026-05-28231957004.6247
2026-05-29231957004.6248
2026-05-30231957004.6249
2026-05-31231957004.6250
2026-06-01231957004.6251
2026-06-02231957004.6252
2026-06-03231957004.6253
2026-06-04231957004.6254
2026-06-05231957004.6255
2026-06-06126955504.9051
2026-06-07126955504.9052
2026-06-08126955504.9053
2026-06-09126955504.9054
2026-06-10126955504.9055
2026-06-11126955504.9056
2026-06-12126955504.9057
2026-06-13126955504.9058
2026-06-14126955504.9059

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Farewell Apartments reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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
Max 2 selected
Show min/max boundaries

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)
2026-05-03124203856.2940

Nearby Building Rental Comparables & Price Spreads

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

Comparing rental asking rates and price-per-square-foot ($/SF) at Farewell Apartments with 6 tracked residential buildings in the immediate vicinity.

28 Madison Avenue200 m

28 Madison Avenue, Toronto

Avg Asking$2,400/mo
Avg $/SF$3.20
Rent Spread:
N/A
The Vincennes215 m

35 Walmer Road, Toronto

Avg Asking$2,976/mo
Avg $/SF$3.46
Rent Spread:
N/A
Mosaic216 m

736 Spadina Ave, Toronto

Avg Asking$2,699/mo
Avg $/SF$4.16
Rent Spread:
N/A
44 Walmer242 m

44 Walmer Road, Toronto

Avg Asking$6,600/mo
Avg $/SF$2.30
Rent Spread:
N/A
720 Spadina Co-Ownership243 m

720 Spadina Avenue, Toronto

Avg Asking$2,500/mo
Avg $/SF$2.94
Rent Spread:
N/A
47 Madison Avenue294 m

47 Madison Avenue, Toronto

Avg Asking$4,800/mo
Avg $/SF$3.69
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Farewell Apartments compare to neighbouring buildings within The Annex?

Market benchmark comparisons for Farewell Apartments reflect prevailing The Annex submarket lease rates.

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

Submarket $/SF averages illustrate pricing dynamics across localized residential properties.

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Farewell Apartments and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Farewell Apartments.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • EV Charging Station

Residential Buildings in the Vicinity

Data Methodology & Analytical Standards

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

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.