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Market Data as of August 31, 2026

Connect Condos - Soul II — Rental Market Data

128 Fairview Mall Dr, North York, Ontario M2J 0E8
Quick Rent Estimate
Active Suites6 Available
Type
Units
Avg Rent
1-Bedroom + Den
3
$2,333
1-Bedroom
2
$2,025
2-Bedroom
1
$2,900

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2018
Total Suites209
DeveloperFRAM Building Group & TCHC

Connect Condos - Soul II is located at 128 Fairview Mall Dr in the Don Valley North neighborhood of North York. Developed by FRAM Building Group and TCHC, this residential development was completed in 2018 and contains 209 suites. The property currently maintains 6 active listings, resulting in an availability rate of 2.9 percent. Leasing velocity over the past 90 days recorded 15 closed transactions with an average of 24 days on the market, while the 30-day window tracked 7 closed leases with an average of 27 days on the market.

Active asking rents average $2,325 per month at a rate of $4.39 per square foot, tracking above realized 90-day leases which averaged $2,232 per month at $4.16 per square foot. Current listings feature an average size of 546 square feet, compared to historical leases averaging 550 square feet. The active asking rate per square foot of $4.39 sits above the broader submarket asking benchmark of $3.93 per square foot.

Marketing friction is evident when examining delisted inventory, which averaged 38 days on the market and asked $2,725 per month, sitting $442 per month above realized leases and indicating overpricing on unrented units. Meanwhile, successful leases demonstrated tenant-favorable conditions where 40.0 percent of deals closed under asking, securing an average discount of $37 per month or 1.51 percent below list price. Prospective tenants seeking deep selection will find the most availability in 1-Bedroom + Den layouts, whereas 2-Bedroom suites offer only scarce inventory with a single active listing.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Connect Condos - Soul II as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units6
+1 (20.0%)
Avg Asking Rent$2,325
-$235 (9.2%)
Avg Suite Size546 sf
-84 sf (13.3%)
Avg Days on Market8d
-23d (74.4%)
Avg Asking $/SF$4.39
+$0.31 (7.5%)

Active Market Insights & Questions

How has rental availability changed at Connect Condos - Soul II recently?

Connect Condos - Soul II features 6 active listings as of August 31, 2026, spanning a price range of $1,950 to $2,900 per month, with an average rent of $2,325 per month and a median rent of $2,300 per month. Active suites average 546 square feet at an asking rate of $4.39 per square foot. The inventory is anchored by 1-Bedroom + Den layouts holding a 50 percent share of active listings, leaning toward compact entry-level suites while maintaining a single multi-bedroom executive layout.

What floor plans and unit layouts are currently available at Connect Condos - Soul II?

The dominant active layout at Connect Condos - Soul II is the 1-Bedroom + Den, accounting for 3 active listings and a 50 percent inventory share. The 3 active 1-Bedroom + Den units average $2,333 per month with a median of $2,300 per month across an average of 550 square feet at $4.24 per square foot. The 2 active 1-Bedroom suites represent 33.3 percent of inventory, averaging $2,025 per month across 400 square feet at $5.06 per square foot. The single 2-Bedroom layout captures a 16.7 percent share, asking $2,900 per month across 826 square feet at $3.51 per square foot.

What is the average asking rent and $/SF by suite size at Connect Condos - Soul II?

Connect Condos - Soul II presents a minimum entry rent of $1,950 per month and a peak asking rent of $2,900 per month, establishing a dollar spread of $950 per month and a percentage spread of 48.7 percent. Median asking rent sits at $2,300 per month across all active inventory. The entry-level option consists of a 1-Bedroom suite spanning 400 square feet priced at $4.88 per square foot, while the peak tier is represented by a 2-Bedroom suite covering 826 square feet priced at $3.51 per square foot.

How much extra do parking spaces and dens cost at Connect Condos - Soul II?

Connect Condos - Soul II carries an active den premium of $308 per month, which coincides with a square footage delta of 150 square feet. This yields a marginal cost of $2.05 per square foot for the extra den space. Active parking stalls carry a verified monthly premium of $83 per month.

How do asking rents at Connect Condos - Soul II compare to local and municipal benchmarks?

Connect Condos - Soul II asks an average of $2,325 per month at $4.39 per square foot, compared to the wider submarket asking benchmarks of $2,608 per month and $3.93 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot represents an 11.7 percent premium over submarket asking benchmarks, backed by 6 active listings within a submarket total of 225 active offerings.

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 Connect Condos - Soul II (Data period: For the month of August 2026).

Units Leased7
Avg Leased Price$2,283
Avg Leased Size550 sf
Avg Days to Lease27d
Leased $/SF$4.14

Leased Transaction Insights & Questions

How many suites were leased at Connect Condos - Soul II last month, and how fast did they rent?

At Connect Condos - Soul II, the 30-day average days on market is 27 days, compared to a 90-day average of 24 days and a submarket benchmark of 29 days. Closed lease counts tracked 7 deals over the last 30 days, 15 deals over the last 90 days, and 25 total lifetime deals, indicating that leasing turnover accelerated heading into the late summer months.

What is the negotiation spread between asking rents and closed lease prices at Connect Condos - Soul II?

At Connect Condos - Soul II, leases settled on average at an average premium of $37 per month over asking (a 1.51% premium), delivering $444 per year in annual tenant savings and reflecting active landlord concessions. Exactly 40.0% of leases closed under asking price, while remaining transactions achieved full list price with no instances of over-asking competition.

What are typical executed lease prices across different layouts at Connect Condos - Soul II?

At Connect Condos - Soul II, the two highest-volume anchor layouts are 1-Bedroom suites at an average monthly rent of $1,994 per month with a 20-day days on market, and 1-Bedroom + Den suites at an average monthly rent of $2,219 per month with a 27-day days on market. Studio suites represent a small sample size of 3 closed deals, averaging $1,793 per month with a median of $1,800 per month, a P25-P75 range of $1,790 to $1,800 per month, an average size of 400 square feet, a rate of $4.48 per square foot, and 14 days on market. 1-Bedroom suites represent a moderate sample size of 8 closed deals, averaging $1,994 per month with a median of $2,025 per month, a P25-P75 range of $1,938 to $2,062 per month, an average size of 431 square feet, a rate of $4.70 per square foot, and 20 days on market. 1-Bedroom + Den suites represent a moderate sample size of 8 closed deals, averaging $2,219 per month with a median of $2,225 per month, a P25-P75 range of $2,175 to $2,300 per month, an average size of 575 square feet, a rate of $3.88 per square foot, and 27 days on market. 2-Bedroom suites represent a moderate sample size of 6 closed deals, averaging $2,715 per month with a median of $2,725 per month, a P25-P75 range of $2,655 to $2,788 per month, an average size of 750 square feet, a rate of $3.65 per square foot, and 44 days on market.

What measurable rent premium did suites with parking achieve in closed leases at Connect Condos - Soul II?

At Connect Condos - Soul II, the realized leased parking premium is verified at $163 per month. Parking stalls are typically bundled into larger multi-bedroom floor plans or negotiated as an optional amenity add-on. Active asking parking rates align closely at a verified $83 per month for available stalls.

How does the lease-to-listing ratio at Connect Condos - Soul II reflect current tenant demand?

At Connect Condos - Soul II, overall rent trajectory moved upward from spring lows to late summer peaks. In April 2026, 3 deals closed at an average rent of $2,383 per month, $3.89 per square foot, and 42 days on market. In May 2026, 7 deals closed at an average rent of $2,106 per month, $4.28 per square foot, and 29 days on market. In June 2026, 2 deals closed at an average rent of $2,000 per month, $4.25 per square foot, and 33 days on market. In July 2026, 6 deals closed at an average rent of $2,250 per month, $4.16 per square foot, and 17 days on market. In August 2026, 7 deals closed at an average rent of $2,283 per month, $4.14 per square foot, and 27 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units2
Avg Asking Price$2,725
Avg Suite Size600 sf
Avg Days on Market38d
Delisted $/SF$4.55

De-Listed Market Analysis & Questions

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

At Connect Condos - Soul II, a total of 2 units were delisted, representing a delisted-to-leased ratio percentage of 28.6% based on 1 terminated listing and 1 expired listing with zero suspensions. This establishes a healthy market ratio where roughly 1 listing is pulled for every 3.5 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Connect Condos - Soul II?

At Connect Condos - Soul II, unrented units asked an average of $2,725 per month, which is $442 per month above realized lease averages of $2,283 per month, alongside a higher rate of $4.55 per square foot. Unrented units were overpriced relative to realized leases, indicating clear pushback on price from prospective tenants.

What market friction causes rental listings to stall or de-list at Connect Condos - Soul II?

At Connect Condos - Soul II, delisted units averaged 38 days on market compared to 27 days for realized leases. This excess of 11 marketing days translates directly into roughly a third of a month of lost rental income plus ongoing condo maintenance fees, illustrating the carrying cost of unrented listings.

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)
2026-04-27722835714.1117
2026-04-28622805584.2016
2026-04-29622805584.2017
2026-04-30622805584.2018
2026-05-01523966203.8813
2026-05-02523966203.8814
2026-05-03523966203.8815
2026-05-04523966203.8816
2026-05-05623806083.9314
2026-05-06623806083.9315
2026-05-07623806083.9316
2026-05-08623806083.9317
2026-05-09623806083.9318
2026-05-10623806083.9319
2026-05-11723225794.0817
2026-05-12822695564.1616
2026-05-13822695564.1617
2026-05-14723225574.2618
2026-05-15723225574.2619
2026-05-16723225574.2620
2026-05-17723225574.2621
2026-05-18723225574.2622
2026-05-19723225574.2623
2026-05-20723225574.2624
2026-05-21723225574.2625
2026-05-22623265584.2727
2026-05-23623265584.2728
2026-05-24623265584.2729
2026-05-25522115204.3629
2026-05-26422395254.3928
2026-05-27320584504.6218
2026-05-28320584504.6219
2026-05-29320584504.6220
2026-05-30320584504.6221
2026-05-31221384754.5623
2026-06-01221384754.5624
2026-06-02221384754.5625
2026-06-03221384754.5626
2026-06-04323925334.5318
2026-06-05224385254.7013
2026-06-06224385254.7014
2026-06-07325586334.2310
2026-06-08325586334.2311
2026-06-09325586334.2312
2026-06-10325586334.2313
2026-06-11325586334.2314
2026-06-12325586334.2315
2026-06-13424696384.0212
2026-06-14424696384.0213
2026-06-15424636384.005
2026-06-16424636384.006
2026-06-17525506603.986
2026-06-18525506603.987
2026-06-19525506603.988
2026-06-20525506603.989
2026-06-21525506603.9810
2026-06-22525506603.9811
2026-06-23525506603.9812
2026-06-24525506603.9813
2026-06-25525506603.9814
2026-06-26525506603.9815
2026-06-27525506603.9816
2026-06-28525506603.9817
2026-06-29525506603.9818
2026-06-30525506603.9819
2026-07-01525506603.9820
2026-07-02525506603.9821
2026-07-03525506603.9822
2026-07-04525506603.9823
2026-07-05525506603.9824
2026-07-06427007253.7526
2026-07-07525806604.0521
2026-07-08525806604.0522
2026-07-09525806604.0523
2026-07-10525806604.0524
2026-07-11525806604.0525
2026-07-12624926424.0022
2026-07-13624926424.0023
2026-07-14624426423.8723
2026-07-15525706903.7528
2026-07-16626427173.7125
2026-07-17626427173.7126
2026-07-18626427173.7127
2026-07-19626427173.7128
2026-07-20527607503.7133
2026-07-21527607503.7134
2026-07-22527607503.7135
2026-07-23527607503.7136
2026-07-24527607503.7137
2026-07-25626757173.7731
2026-07-26626757173.7732
2026-07-27526106903.8238
2026-07-28526106903.8239
2026-07-29425636503.9537
2026-07-30525606304.0930
2026-07-31525606304.0931
2026-08-01525606304.0932
2026-08-02323335834.0420
2026-08-03323335834.0421
2026-08-04422755384.3417
2026-08-05422755384.3418
2026-08-06523705604.3215
2026-08-07722265144.4211
2026-08-08722265144.4212
2026-08-09722265144.4213
2026-08-10722265144.4214
2026-08-11722265144.4215
2026-08-12722265144.4216
2026-08-13822235194.3615
2026-08-14823635724.2515
2026-08-15823635724.2516
2026-08-16623756044.0218
2026-08-17623756044.0219
2026-08-18524006154.0020
2026-08-19423136073.9423
2026-08-20423136073.9424
2026-08-21423136073.9425
2026-08-22423136073.9426
2026-08-23323506253.9232
2026-08-24323506253.9233
2026-08-25323506253.9234
2026-08-26323506253.9235
2026-08-27422885694.2627
2026-08-28523105654.2822
2026-08-29523105654.2823
2026-08-30423385444.5011
2026-08-31623255464.398

12-Month Market Dynamics & Trend Trajectory

Connect Condos - Soul II has established a consistent leasing history backed by 25 lifetime transactions, achieving an average monthly rent of $2,215 per month at $4.16 per square foot across an average suite size of 550 square feet. Tenant turnover remains steady with a lifetime average of 27 days on market, reflecting stable demand within the Don Valley North submarket. Pricing discipline leans toward tenant favorable conditions, with 40.0% of transactions closing below asking price. Tenants negotiated an average discount of $37 per month or 1.51% off list price, resulting in $444 in annual tenant savings and confirming that landlords frequently offered concessions to secure occupancy.

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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)
2026-04-26220254005.0624
2026-05-030N/AN/AN/AN/A
2026-05-10118005503.2718
2026-05-17123005504.1821
2026-05-24223456253.8151
2026-05-31220504754.3825
2026-06-070N/AN/AN/AN/A
2026-06-14118004004.5035
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-05119504004.8821
2026-07-12219504004.884
2026-07-19120505503.738
2026-07-26228008503.2932
2026-08-02128007503.7346
2026-08-09117804004.457
2026-08-16323675334.5216
2026-08-23122005504.0010
2026-08-30121006503.2378

Nearby Building Rental Comparables & Price Spreads

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

Connect Condos - Soul II is surrounded by an active competitive set featuring Soul Condos - Phase 1 at 150 Fairview Mall Dr (0.02 km away, built in 2018, with 13 active listings), Vivo - Soul Condos III at 180 Fairview Mall Dr (0.23 km away, built in 2022, with 14 active listings), Verde - Soul Condos IV at 188 Fairview Mall Dr (0.29 km away, built in 2023, with 47 active listings), and Emerald City Condominiums at 70 Forest Manor Rd (0.57 km away, built in 2014, with 29 active listings). This micro-market blends master-planned mid-rise and high-density towers built over the past decade, creating a cohesive transit-oriented node around Fairview Mall. Within this competitive cluster, the overall comp average stands at $2,294 per month across 615 square feet, yielding an average rate of $3.86 per square foot. Connect Condos - Soul II positions itself efficiently within this segment, trading at a higher rate per square foot than most peers due to its compact average footprint of 550 square feet and modern build standards established in 2018. While older inventory like Emerald City Condominiums offers larger average footprints, Connect Condos - Soul II captures renters seeking newer construction and efficient layouts without paying the top-tier rents seen in broader submarket averages.

150 Fairview Mall Dr, North York

Avg Asking$2,328/mo
Avg $/SF$4.04
Rent Spread:
+$3/mo (+0.1%) Higher

180 Fairview Mall Dr, North York

Avg Asking$2,275/mo
Avg $/SF$4.14
Rent Spread:
-$50/mo (-2.2%) Lower

188 Fairview Mall Dr, North York

Avg Asking$2,272/mo
Avg $/SF$4.01
Rent Spread:
-$53/mo (-2.3%) Lower

35 Esterbrooke Avenue, North York

Avg Asking$2,350/mo
Avg $/SF$2.47
Rent Spread:
+$25/mo (+1.1%) Higher

55 Godstone Road, North York

Avg Asking$2,499/mo
Avg $/SF$2.63
Rent Spread:
+$174/mo (+7.5%) Higher

10 Muirhead Road, North York

Avg Asking$2,800/mo
Avg $/SF$2.91
Rent Spread:
+$475/mo (+20.4%) Higher

Comparable Analysis & Questions

How do rental rates at Connect Condos - Soul II compare to neighbouring buildings within Don Valley North?

Connect Condos - Soul II achieves an average lease rent of $2,215 per month, aligning closely with the overall comp average of $2,294 per month across its primary competitors Soul Condos - Phase 1, Vivo - Soul Condos III, Verde - Soul Condos IV, and Emerald City Condominiums. Soul Condos - Phase 1 (150 Fairview Mall Dr) reports an average lease rent of $2,292 per month at $3.93 per square foot across an average of 599 square feet. Vivo - Soul Condos III (180 Fairview Mall Dr) records an average lease rent of $2,288 per month at $3.87 per square foot across 617 square feet. Verde - Soul Condos IV (188 Fairview Mall Dr) logs an average lease rent of $2,183 per month at $4.01 per square foot across 562 square feet. Emerald City Condominiums (70 Forest Manor Rd) commands an average lease rent of $2,411 per month at $3.62 per square foot across a larger average footprint of 681 square feet.

Does Connect Condos - Soul II offer a competitive price-per-square-foot ($/SF) against local comparables?

Connect Condos - Soul II establishes its value proposition through a realized lease rate of $4.16 per square foot across an average suite size of 550 square feet, which trades at a premium over the overall submarket average of $3.80 per square foot. Renters at Connect Condos - Soul II trade away the expansive square footages found in older alternatives like Emerald City Condominiums (681 square feet at $3.62 per square foot) in exchange for modern construction efficiency, contemporary finishes, and lower overall monthly utility burdens. Compared to immediate phase neighbors like Verde - Soul Condos IV (562 square feet at $4.01 per square foot) and Vivo - Soul Condos III (617 square feet at $3.87 per square foot), Connect Condos - Soul II delivers a compact, highly functional footprint that prioritizes layout efficiency over raw space.

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

Connect Condos - Soul II delivers a robust lifestyle and amenity package that matches or exceeds the offerings found across the surrounding Fairview Mall master-planned community. Residents enjoy signature amenities including a dedicated pet wash station, a professional yoga studio, a quiet wifi lounge, an on-site package room, and an expansive garden and courtyard, features that directly contrast with the traditional rooftop terraces and standard party rooms found at Soul Condos - Phase 1 and Vivo - Soul Condos III. While Emerald City Condominiums incorporates extensive aquatic features like an indoor pool, hot tub, and sauna, Connect Condos - Soul II focuses on modern day-to-day conveniences such as dedicated co-working spaces and wellness areas. This amenity profile is ideally tailored for young professionals and couples seeking contemporary, transit-connected urban living.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Connect Condos - Soul II.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Games & Billiards Room
  • Media & Theatre Room
  • Party & Lounge Room
  • Meeting Room
  • Garden & Courtyard
  • BBQ Area
  • Pet Wash Station
  • Wifi Lounge
  • Package Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Connect Condos - Soul II.

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.