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Market Data as of August 31, 2026

Monde — Rental Market Data

12 - 16 Bonnycastle St, Toronto, Ontario M5A 0C8
Quick Rent Estimate
Active Suites11 Available
Type
Units
Avg Rent
1-Bedroom
4
$2,488
1-Bedroom + Den
4
$2,750
2-Bedroom + Den
3
$3,363

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2019
Total Suites547
DeveloperGreat Gulf Homes

Monde is an established residential building located at 12 - 16 Bonnycastle St in the East Bayfront neighborhood of Toronto, developed by Great Gulf Homes and completed in 2019. Containing 547 suites, the property currently maintains 11 active listings representing a 2% availability rate. Over the past 90 days, the building recorded 12 closed lease transactions with an average of 27 days on the market, while over the last 30 days, 2 units leased at an average of $2,550 per month with an average of 50 days on the market.

Active asking rents average $2,822 per month at $4.07 per square foot, which compares against realized 90-day leases averaging $2,563 per month at $4.20 per square foot. Current listings average 702 square feet compared to historical lease sizes, while active asking rates sit 12.5% below the broader East Bayfront submarket asking benchmark of $4.65 per square foot.

Closed days on the market average 27 days over the past 90 days, while delisted units averaged 50 days on the market before removal. Tenants currently hold slight market leverage, with 42.9% of recent leases closing under asking at an average discount of $35 per month, saving tenants $420 annually. Inventory selection is anchored by 1-Bedroom and 1-Bedroom + Den layouts each holding a 36.4% share of active supply, while 2-Bedroom + Den configurations provide 3 available units.

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Active Rental Inventory & Asking Rates

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

Active Units11
+5 (83.3%)
Avg Asking Rent$2,822
-$311 (9.9%)
Avg Suite Size702 sf
-65 sf (8.4%)
Avg Days on Market23d
-12d (35.3%)
Avg Asking $/SF$4.07
-$0.08 (2.0%)

Active Market Insights & Questions

How has rental availability changed at Monde recently?

Monde features 11 active listings as of August 31, 2026, spanning a price range of $2,200 to $3,600 per month with an average asking rent of $2,822 per month and a median asking rent of $2,700 per month. Active suites average 702 square feet with an average asking rate of $4.07 per square foot. 1-Bedroom configurations dominate current availability with a 36.4% share, reflecting an inventory profile balanced between compact entry-level homes and multi-bedroom footprints.

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

Monde features 1-Bedroom suites as the dominant active layout, accounting for 4 listings and a 36.4% inventory share. 1-Bedroom units average $2,488 per month across an average of 638 square feet at $4.01 per square foot. 1-Bedroom + Den suites comprise an additional 4 listings with a 36.4% share, averaging $2,750 per month across 650 square feet at $4.23 per square foot. Finally, 2-Bedroom + Den layouts offer 3 available suites representing a 27.3% share, averaging $3,363 per month across an average of 858 square feet at $3.92 per square foot.

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

Monde exhibits a minimum entry rent of $2,200 per month and a peak asking rent of $3,600 per month, creating a dollar spread of $1,400 or 63.6%. Median asking rent sits at $2,700 per month. The entry-level option consists of a 1-Bedroom suite spanning 550 square feet at an asking rate of $4.00 per square foot, while the peak tier is anchored by a 2-Bedroom + Den layout spanning 850 square feet at an asking rate of $4.24 per square foot.

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

Monde commands an active den premium of $263 per month for a square footage delta of 12 square feet. The marginal cost for this extra den space calculates to $21.92 per square foot. Active parking stalls carry a verified monthly premium of $251 per month.

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

Monde asks an average rent of $2,822 per month at $4.07 per square foot, trailing the broader East Bayfront submarket asking benchmarks of $3,234 per month and $4.65 per square foot. The lower nominal monthly outlay reflects compact suite sizing across current availabilities rather than cheaper unit pricing. The building's asking rate per square foot sits 12.5% below the submarket asking benchmark while capturing 15.7% of total 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 Monde (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,550
Avg Leased Size643 sf
Avg Days to Lease50d
Leased $/SF$3.51

Leased Transaction Insights & Questions

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

At Monde, the 30-day average days on market reached 50 days, the 90-day average days on market dropped to 27 days, and the broader East Bayfront submarket benchmark sits at 24 days. Closed lease counts shifted from 2 deals over the trailing 30 days to 12 deals across the trailing 90 days, reflecting a total of 21 tracked leases over the past year. This progression indicates that leasing turnover moderated over the summer months after a more active spring.

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

At Monde, tenants secured an average discount of $35 per month, which represents a 1.30% reduction below asking prices and delivers $420 in annual tenant savings. Exactly 42.9% of leases closed under asking, establishing a tenant-favorable leasing environment where prospective renters maintained moderate price negotiation leverage.

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

At Monde, the two highest-volume anchor layouts are 1-Bedroom units, averaging $2,317 per month across an 18-day marketing window, and 1-Bedroom + Den suites, averaging $2,808 per month over a 29-day period. The 1-Bedroom tier counts 12 closed leases with a median of $2,300 per month, a P25-P75 range of $2,200 to $2,425 per month, an average size of 558 square feet, and an average rate of $4.24 per square foot. The 1-Bedroom + Den tier comprises 6 closed leases with a median of $2,850 per month, a P25-P75 range of $2,650 to $2,975 per month, an average size of 708 square feet, and an average rate of $3.98 per square foot. The 2-Bedroom tier represents a limited sample size of 2 closed leases averaging $3,500 per month, a median of $3,500 per month, a P25-P75 range of $3,450 to $3,550 per month, an average size of 850 square feet, an average rate of $4.16 per square foot, and a 12-day marketing period. The 2-Bedroom + Den tier represents an individual single transaction rather than a broad statistical benchmark, consisting of 1 closed lease at $3,550 per month, a median of $3,550 per month, a P25-P75 range of $3,550 to $3,550 per month, an average size of 850 square feet, an average rate of $4.18 per square foot, and a 21-day marketing duration (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 Monde?

At Monde, the realized leased parking premium is verified at $188 per month as a separate line-item charge. Parking stalls are frequently bundled into larger 2-bedroom floor plans while being negotiated independently for compact configurations. Active asking parking rates currently stand higher at $251 per month for remaining available inventory.

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

At Monde, overall monthly rents fluctuated across the tracked timeline from a spring peak down to late-summer levels. April recorded 5 closed deals averaging $2,650 per month at $4.29 per square foot over 10 days on market. May registered 3 closed deals averaging $2,933 per month at $3.93 per square foot over 13 days on market. June saw 5 closed deals averaging $2,530 per month at $4.43 per square foot over 26 days on market. July posted 6 closed deals averaging $2,567 per month at $4.14 per square foot over 20 days on market. August closed 2 deals averaging $2,550 per month at $3.51 per square foot over 50 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units2
Avg Asking Price$3,050
Avg Suite Size813 sf
Avg Days on Market50d
Delisted $/SF$3.73

De-Listed Market Analysis & Questions

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

At Monde, 2 total units were delisted, yielding a 100% delisted-to-leased ratio that comprises 1 terminated listing and 1 expired listing with zero suspended listings. This metric establishes a balanced market health ratio where exactly 1 unrented listing was pulled for every successful lease closed during the tracking period.

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

At Monde, unrented units asked an average of $3,050 per month, which sits $500 per month above realized lease averages of $2,550 per month. This positive nominal dollar spread demonstrates that unrented listings were overpriced relative to realized market value.

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

At Monde, unrented listings averaged 50 days on market before being withdrawn, compared to a lifetime average of 21 days for successfully leased units. Because excess marketing days equal zero, there is no tangible carrying cost penalty of lost rent or holding fees beyond standard lease-up timelines.

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)
2026-04-27830567514.1021
2026-04-28731007654.0824
2026-04-29631928013.9928
2026-04-30531507913.9816
2026-05-01431888013.9817
2026-05-02431888013.9818
2026-05-03431888013.9819
2026-05-04431888013.9820
2026-05-05628837184.0314
2026-05-06628837184.0315
2026-05-07628837184.0316
2026-05-08728437084.0314
2026-05-09828637134.0214
2026-05-10828637134.0215
2026-05-11828637134.0216
2026-05-12927986954.0415
2026-05-13927986954.0416
2026-05-141027736914.0315
2026-05-151128487144.0115
2026-05-161128487144.0116
2026-05-171027736914.0318
2026-05-181027736914.0319
2026-05-191028136814.2116
2026-05-201028136814.2117
2026-05-211028136814.2118
2026-05-221028136814.2119
2026-05-231028136814.2120
2026-05-241028136814.2121
2026-05-251028136814.2122
2026-05-261028136814.2123
2026-05-271028136814.2124
2026-05-281028136814.2125
2026-05-29928896944.2421
2026-05-30928896944.2422
2026-05-31928896944.2423
2026-06-01929787174.2422
2026-06-02929787174.2423
2026-06-03929787174.2424
2026-06-041029357004.2822
2026-06-051029357004.2823
2026-06-061029357004.2824
2026-06-071029357004.2825
2026-06-081029357004.2826
2026-06-091029357004.2827
2026-06-101029357004.2828
2026-06-111029357004.2829
2026-06-121029357004.2830
2026-06-131029357004.2831
2026-06-141029357004.2832
2026-06-151228376794.2928
2026-06-161228376794.2929
2026-06-171128646824.3229
2026-06-181128646824.3230
2026-06-191027856654.3332
2026-06-201027856654.3333
2026-06-211027856654.3334
2026-06-221027856654.3335
2026-06-231027856654.3336
2026-06-24926726174.4233
2026-06-251026656224.3731
2026-06-26927286474.2734
2026-06-27927286474.2735
2026-06-28927286474.2736
2026-06-29825946344.1734
2026-06-30827626784.1030
2026-07-01827626784.1031
2026-07-02728436964.1128
2026-07-03728436964.1129
2026-07-04728436964.1130
2026-07-05728436964.1131
2026-07-06728716754.3231
2026-07-07728716754.3232
2026-07-08728716754.3233
2026-07-09831067384.2721
2026-07-10831067384.2722
2026-07-11930177174.2621
2026-07-121029557104.2120
2026-07-131029507104.2017
2026-07-141029507104.2018
2026-07-151029507104.2019
2026-07-16930227284.2021
2026-07-17930227284.2022
2026-07-18930227284.2023
2026-07-19831007384.2626
2026-07-20830877384.2521
2026-07-21730437364.2122
2026-07-22730437364.2123
2026-07-23730437364.2124
2026-07-24730437364.2125
2026-07-25730437364.2126
2026-07-26730437364.2127
2026-07-27730437364.2128
2026-07-28631337674.1532
2026-07-29631337674.1533
2026-07-30631337674.1534
2026-07-31631337674.1535
2026-08-01631337674.1536
2026-08-02631337674.1537
2026-08-03631337674.1538
2026-08-04630837504.1724
2026-08-05729717434.0522
2026-08-06729717434.0523
2026-08-07729717434.0524
2026-08-08729717434.0525
2026-08-09729717434.0526
2026-08-10729717434.0527
2026-08-11729717434.0528
2026-08-12729717434.0529
2026-08-13729717434.0530
2026-08-14730147294.1922
2026-08-15730147294.1923
2026-08-16730147294.1924
2026-08-17829757194.1922
2026-08-18630006964.3722
2026-08-19730277224.2620
2026-08-20829867134.2518
2026-08-21929497124.1917
2026-08-22929497124.1918
2026-08-23929497124.1919
2026-08-24929497124.1920
2026-08-25929497124.1921
2026-08-26929497124.1922
2026-08-271028746964.1821
2026-08-281028746964.1822
2026-08-291128227024.0721
2026-08-301128227024.0722
2026-08-311128227024.0723

12-Month Market Dynamics & Trend Trajectory

Monde features a cumulative leasing history anchored by 21 lifetime closed transactions, realizing an overall average rent of $2,629 per month at $4.16 per square foot across an average suite size of 643 square feet. Average days on market stand at 21 days, reflecting steady tenant turnover within the 547-suite development completed in 2019 by Great Gulf Homes. Pricing discipline across the building leans moderately in favor of tenants, as 42.9% of transactions closed below asking price. Leases settled with an average tenant discount of $35 per month or 1.30% under initial asking rents, generating $420 in annual savings and confirming that landlords made pricing concessions to secure occupancy.

Loading inventory data…

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)
2026-04-26130007504.0019
2026-05-030N/AN/AN/AN/A
2026-05-100N/AN/AN/AN/A
2026-05-17136009503.792
2026-05-24122005504.0017
2026-05-31124006503.6924
2026-06-070N/AN/AN/AN/A
2026-06-14230507504.0528
2026-06-21121004005.2511
2026-06-28221254754.5650
2026-07-05126006713.8711
2026-07-12123005504.185
2026-07-19228757004.0714
2026-07-26125505504.6415
2026-08-02128007503.7387
2026-08-090N/AN/AN/AN/A
2026-08-16123006993.2913

Nearby Building Rental Comparables & Price Spreads

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

Monde, situated at 12 - 16 Bonnycastle St with 547 suites completed in 2019, anchors its micro-market alongside four key neighboring properties: Aqualina at Bayside Toronto (15 Merchants' Wharf, 0.1 km away, completed in 2018, with 14 active listings), Aquavista at Bayside (1 Edgewater Dr, 0.15 km away, completed in 2020, with 13 active listings), Aquabella at Bayside (118 Merchants' Wharf, 0.19 km away, completed in 2022, with 11 active listings), and Quay House (15 Richardson St, 0.28 km away, completed in 2025, with 41 active listings). This competitive set bridges mid-generation developments from the late 2010s with newly delivered 2025 inventory, establishing a dense urban waterfront cluster along the East Bayfront. Across this competitive micro-market, the overall benchmark average sits at $3,088 per month across an average suite size of 682 square feet, commanding $4.74 per square foot. Monde positions itself competitively within this peer group, offering a stabilized mid-generation alternative that balances lower rates per square foot against newer, higher-priced deliveries like Aquabella at Bayside and Quay House, while capturing strong tenant demand through established building operations and a central East Bayfront location.

15 Merchants' Wharf, Toronto

Avg Asking$2,773/mo
Avg $/SF$4.41
Rent Spread:
-$49/mo (-1.7%) Lower

1 Edgewater Dr, Toronto

Avg Asking$3,136/mo
Avg $/SF$4.86
Rent Spread:
+$314/mo (+11.1%) Higher

118 Merchants' Wharf, Toronto

Avg Asking$4,081/mo
Avg $/SF$4.79
Rent Spread:
+$1,259/mo (+44.6%) Higher

15 Richardson St, Toronto

Avg Asking$2,486/mo
Avg $/SF$4.53
Rent Spread:
-$336/mo (-11.9%) Lower

155 Merchants' Wharf, Toronto

Avg Asking$5,730/mo
Avg $/SF$5.36
Rent Spread:
+$2,908/mo (+103.0%) Higher

20 Richardson St, Toronto

Avg Asking$2,464/mo
Avg $/SF$4.54
Rent Spread:
-$358/mo (-12.7%) Lower

Comparable Analysis & Questions

How do rental rates at Monde compare to neighbouring buildings within East Bayfront?

Monde records an average lease rent of $2,629 per month, trading below the overall competitive set average of $3,088 per month when evaluated against peers such as Aquabella at Bayside and Aquavista at Bayside. Aqualina at Bayside Toronto, located 0.1 km away at 15 Merchants' Wharf, reports an average lease rent of $2,796 per month at $4.43 per square foot across an average of 647 square feet. Aquavista at Bayside, located 0.15 km away at 1 Edgewater Dr, posts an average lease rent of $2,838 per month at $4.87 per square foot across 600 square feet. Aquabella at Bayside, located 0.19 km away at 118 Merchants' Wharf, stands as the premium benchmark in the immediate cluster, averaging $4,268 per month at $5.15 per square foot across 917 square feet. Quay House, located 0.28 km away at 15 Richardson St, logs an average lease rent of $2,448 per month at $4.50 per square foot across 565 square feet.

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

Monde delivers a compelling value proposition in East Bayfront, leasing at an average rate of $4.16 per square foot across an average of 643 square feet, which undercuts the micro-market benchmark and offers significant savings compared to newer or luxury-positioned alternatives. Renters at Monde trade off the ultra-modern finishes of 2022-2025 builds like Aquabella at Bayside ($5.15 per square foot across 917 square feet) and Quay House ($4.50 per square foot across 565 square feet) for more economical overall lease costs and established, well-maintained building infrastructure. Compared to Aqualina at Bayside Toronto ($4.43 per square foot across 647 square feet) and Aquavista at Bayside ($4.87 per square foot across 600 square feet), Monde provides a more competitively priced rate per square foot while maintaining comparable suite sizing, allowing tenants to secure functional urban layouts without paying peak submarket premiums.

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

Monde delivers an extensive lifestyle and amenity program that competes directly with the premier waterfront developments in East Bayfront, offering residents a robust suite of wellness, social, and remote-work facilities. Signature amenities at Monde include an outdoor pool, a gym and fitness centre, a yoga studio, a rooftop terrace, and a concierge and security service. When compared to neighboring properties, Monde matches or exceeds peer offerings: Aqualina at Bayside Toronto features a gym, yoga and spin studios, an outdoor pool, and a rooftop terrace, while Aquavista at Bayside incorporates a gym, yoga and spin studios, an outdoor pool, a rooftop terrace, and a cafe juice bar. Aquabella at Bayside provides an indoor pool, outdoor pool, fitness centre, yoga and spin studios, and an on-site daycare, and Quay House offers a gym, yoga studio, business centre, rooftop terrace, and a dog run. This amenity lineup positions Monde exceptionally well to serve urban professionals, fitness enthusiasts, and remote workers seeking a resort-style residential experience without paying top-tier Bayside pricing.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Monde.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Outdoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • Business Centre
  • Rooftop Terrace
  • BBQ Area
  • Garden & Courtyard
  • Children's Playground - Outdoor
  • Media & Theatre Room
  • Shuttle Service
  • Piano Lounge

Data Methodology & Analytical Standards

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

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.