Market Data as of August 31, 2026
The Gallery (Cityplace) — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
The Gallery (Cityplace) at 15 Brunel Crt in Toronto's CityPlace / Fort York neighbourhood is a 139-suite residential building completed in 2008 by Concord Adex, and as of August 31, 2026, it sits at full occupancy with zero units currently listed for rent. The building closed one lease in the trailing 30 days at an average of $2,850 per month with a 27-day marketing period, and two leases over the trailing 90 days averaging $2,575 per month with a 16-day average days on market. Across all five tracked closed transactions, the building has averaged $2,470 per month at $4.01 per square foot over a 617-square-foot average footprint, with a 12-day average time to lease.
With no active listings to benchmark, the most recent realized lease of $2,850 per month at $4.38 per square foot sits modestly above the submarket's average asking rate of $4.58 per square foot and $3,101 per month, though the building's historical average of $4.01 per square foot trails the submarket asking benchmark by roughly 12 percent. The dominant leased layout is the one-bedroom-plus-den configuration, accounting for 80 percent of tracked closed transactions, indicating that the building's inventory skews toward mid-size family-oriented suites rather than compact studio or two-bedroom executive formats. Renter pricing intelligence should therefore be anchored to the submarket's 148 active listings and the building's own lease history rather than any current asking spread.
Marketing friction at The Gallery (Cityplace) is effectively absent on the delisting side, with zero expired, terminated, or suspended listings on record, yet the single 30-day lease required 27 days to close, exceeding the submarket average of 20 days and signalling a modest leasing deceleration in the most recent transaction. Negotiation data across all five tracked leases shows landlords capturing a marginal $1 per month premium above asking, a negligible concession that confirms landlord-favourable leverage in this micro-market. Prospective renters seeking comparable one-bedroom-plus-den or two-bedroom suites in CityPlace should monitor the 148 active submarket listings, as The Gallery (Cityplace) will not offer direct availability until a unit turns over.
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Last Realized Lease
Transaction metrics for the most recently leased suite
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 Gallery (Cityplace) (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at The Gallery (Cityplace) last month, and how fast did they rent?
The Gallery (Cityplace) recorded a 27-day average DOM on its single 30-day closing, compared to a 16-day average over 90 days and a 20-day submarket benchmark in CityPlace / Fort York. The building closed one lease in the trailing 30 days, two over 90 days, and five over the full trailing year, indicating leasing cadence has moderated rather than accelerated heading into late summer. With zero active listings on the market as of August 31, 2026, the building is fully occupied and no further turnover is currently in play.
What is the negotiation spread between asking rents and closed lease prices at The Gallery (Cityplace)?
The Gallery (Cityplace) closed its tracked leases at a net premium of $1 per month above asking (0.02%), generating an estimated $12 per year in additional rental revenue for landlords across the five tracked transactions. This represents landlord pricing leverage where tenants accepted or slightly exceeded the posted rate, with no meaningful concession pattern observed. At 0.02% variance, the building effectively settled at asking price, confirming tight supply-side control in a zero-vacancy environment.
What are typical executed lease prices across different layouts at The Gallery (Cityplace)?
The 1-Bedroom + Den layout dominates The Gallery (Cityplace) at 80% of tracked volume, averaging $2,425 per month with a 12-day DOM across four closed leases. This is a limited sample of four transactions and serves as a directional indicator only. The 2-Bedroom tier represents a single individual transaction at $2,650 per month, 650 square feet, $4.08 per square foot, and a 9-day DOM. That one closing is an individual deal, not a broad statistical benchmark. The 1-Bedroom + Den tier spans a P25–P75 range of $2,262 to $2,512 per month across an average 608-square-foot footprint at $4.00 per square foot.
What measurable rent premium did suites with parking achieve in closed leases at The Gallery (Cityplace)?
The Gallery (Cityplace) carries a verified leased parking premium of $300 per month, confirmed across the tracked lease transactions. Active asking parking rates cannot be reliably isolated due to an anomalous outlier or insufficient paired sample in the current listing pool, so no active-market comparison is available. The $300-per-month verified premium reflects the realized value tenants paid for a parking space bundled with their suite lease.
How does the lease-to-listing ratio at The Gallery (Cityplace) reflect current tenant demand?
The Gallery (Cityplace) shows a clear upward rent trajectory across its three tracked months, climbing from $2,400 in May to $2,850 by August 2026. May closed three deals at an average of $2,400 per month, $3.83 per square foot, and a 9-day DOM. July recorded one closing at $2,300 per month and $4.18 per square foot with a 5-day DOM; the lower nominal rent reflects a compact suite footprint rather than property devaluation, as the rate per square foot actually rose. August closed one lease at $2,850 per month, $4.38 per square foot, and a 27-day DOM, marking the highest realized rate in the tracked period.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 1 | 2395 | 683 | 3.51 | N/A |
| 2026-04-28 | 1 | 2395 | 683 | 3.51 | 1 |
| 2026-04-29 | 2 | 2298 | 617 | 3.75 | 1 |
| 2026-04-30 | 2 | 2298 | 617 | 3.75 | 2 |
| 2026-05-01 | 2 | 2298 | 617 | 3.75 | 3 |
| 2026-05-02 | 2 | 2298 | 617 | 3.75 | 4 |
| 2026-05-03 | 2 | 2298 | 617 | 3.75 | 5 |
| 2026-05-04 | 2 | 2298 | 617 | 3.75 | 6 |
| 2026-05-05 | 2 | 2298 | 617 | 3.75 | 7 |
| 2026-05-06 | 1 | 2395 | 683 | 3.51 | 9 |
| 2026-05-08 | 1 | 2599 | 650 | 4.00 | N/A |
| 2026-05-09 | 1 | 2599 | 650 | 4.00 | 1 |
| 2026-05-10 | 1 | 2599 | 650 | 4.00 | 2 |
| 2026-05-11 | 1 | 2599 | 650 | 4.00 | 3 |
| 2026-05-12 | 1 | 2599 | 650 | 4.00 | 4 |
| 2026-05-13 | 1 | 2599 | 650 | 4.00 | 5 |
| 2026-05-14 | 1 | 2599 | 650 | 4.00 | 6 |
| 2026-05-15 | 1 | 2599 | 650 | 4.00 | 7 |
| 2026-05-16 | 1 | 2599 | 650 | 4.00 | 8 |
| 2026-07-01 | 1 | 2300 | 550 | 4.18 | N/A |
| 2026-07-02 | 1 | 2300 | 550 | 4.18 | 1 |
| 2026-07-03 | 1 | 2300 | 550 | 4.18 | 2 |
| 2026-07-04 | 1 | 2300 | 550 | 4.18 | 3 |
| 2026-07-05 | 1 | 2300 | 550 | 4.18 | 4 |
| 2026-07-17 | 1 | 2850 | 650 | 4.38 | N/A |
| 2026-07-18 | 1 | 2850 | 650 | 4.38 | 1 |
| 2026-07-19 | 1 | 2850 | 650 | 4.38 | 2 |
| 2026-07-20 | 1 | 2850 | 650 | 4.38 | 3 |
| 2026-07-21 | 1 | 2850 | 650 | 4.38 | 4 |
| 2026-07-22 | 1 | 2850 | 650 | 4.38 | 5 |
| 2026-07-23 | 1 | 2850 | 650 | 4.38 | 6 |
| 2026-07-24 | 1 | 2850 | 650 | 4.38 | 7 |
| 2026-07-25 | 1 | 2850 | 650 | 4.38 | 8 |
| 2026-07-26 | 1 | 2850 | 650 | 4.38 | 9 |
| 2026-07-27 | 1 | 2850 | 650 | 4.38 | 10 |
| 2026-07-28 | 1 | 2850 | 650 | 4.38 | 11 |
| 2026-07-29 | 1 | 2850 | 650 | 4.38 | 12 |
| 2026-07-30 | 1 | 2850 | 650 | 4.38 | 13 |
| 2026-07-31 | 1 | 2850 | 650 | 4.38 | 14 |
| 2026-08-01 | 1 | 2850 | 650 | 4.38 | 15 |
| 2026-08-02 | 1 | 2850 | 650 | 4.38 | 16 |
| 2026-08-03 | 1 | 2850 | 650 | 4.38 | 17 |
| 2026-08-04 | 1 | 2850 | 650 | 4.38 | 18 |
| 2026-08-05 | 1 | 2850 | 650 | 4.38 | 19 |
| 2026-08-06 | 1 | 2850 | 650 | 4.38 | 20 |
| 2026-08-07 | 1 | 2850 | 650 | 4.38 | 21 |
| 2026-08-08 | 1 | 2850 | 650 | 4.38 | 22 |
| 2026-08-09 | 1 | 2850 | 650 | 4.38 | 23 |
| 2026-08-10 | 1 | 2850 | 650 | 4.38 | 24 |
| 2026-08-11 | 1 | 2850 | 650 | 4.38 | 25 |
| 2026-08-12 | 1 | 2850 | 650 | 4.38 | 26 |
12-Month Market Dynamics & Trend Trajectory
The Gallery (Cityplace) realized an average lease rate of $2,470 per month and $4.01 per square foot across its five tracked transactions, positioning the building 12.3% below the CityPlace / Fort York submarket average lease rent of $2,818 and 1.8% below the submarket's $4.36 per square foot benchmark. The building's 617-square-foot average suite size sits in line with the submarket's implied 677-square-foot asking footprint, suggesting the rent discount is not driven by a structural size gap but rather by the building's 2008 construction era and Concord Adex product mix relative to newer inventory in the submarket. On pricing discipline, The Gallery (Cityplace) closed its tracked leases at a net premium of $1 per month above asking (0.02%), with landlords capturing an estimated $12 per year in additional rental revenue across the five transactions. This near-zero variance indicates landlords held firm on posted rates and tenants accepted them, reflecting landlord-favorable leverage in a market where the building carries zero active listings and zero vacancy. The absence of any discount pattern across the sample confirms that pricing power remains firmly with the lessor side in this micro-market.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 2 | 2275 | 617 | 3.71 | 9 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 1 | 2650 | 650 | 4.08 | 9 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 1 | 2300 | 550 | 4.18 | 5 |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 1 | 2850 | 650 | 4.38 | 27 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
The Gallery (Cityplace) at 15 Brunel Crt sits in a dense cluster of four active competitors within 150 metres, all of which recorded closed lease transactions over the trailing 180 days. West One (Cityplace) at 11 Brunel Crt, built in 2008 and located 0.05 km away, closed 28 leases; N Tower (Cityplace) at 15 Fort York Blvd, also built in 2008 and 0.07 km distant, closed 9; Luna at Cityplace – Podium, LTD & Villas at 8 Telegram Mews, completed in 2010 and 0.14 km out, closed 12; and Harbour View Estates II at 35 Mariner Terr, built in 2005 and 0.15 km away, closed 23. Three of the four peers share the subject's 2008 completion year, placing The Gallery squarely in the same structural generation, while Harbour View Estates II is three years older and Luna at Cityplace is two years newer. Against the four-comp benchmark of $3,107 average rent, $4.34 per square foot, and 746 average square feet, The Gallery (Cityplace) positions itself as the most compact and most affordable option in this immediate pocket. The subject's all-time realized average of $2,470 per month and $4.01 per square foot across 617 square feet places it below every active competitor on both total rent and, in three of four cases, rate per square foot. The building's 2008 construction and 139-suite scale give it a mid-market value proposition: renters gain access to a full aquatic and wellness amenity stack at a lower entry price than the larger-footprint suites offered by Harbour View Estates II, N Tower, or Luna at Cityplace, while trading away roughly 50 to 177 square feet of interior space compared to those peers.
8 Telegram Mews, Toronto
Comparable Analysis & Questions
How do rental rates at The Gallery (Cityplace) compare to neighbouring buildings within CityPlace / Fort York?
The Gallery (Cityplace) realizes an average lease rent of $2,470 per month, which is $637 below the four-comp benchmark of $3,107 and below every active competitor in this micro-market. West One (Cityplace) at 11 Brunel Crt, 0.05 km away with 28 closed leases, averages $2,769 per month at $4.25 per square foot across 665 square feet; N Tower (Cityplace) at 15 Fort York Blvd, 0.07 km away with 9 closed leases, averages $3,278 per month at $4.89 per square foot across 745 square feet; Luna at Cityplace – Podium, LTD & Villas at 8 Telegram Mews, 0.14 km away with 12 closed leases, averages $2,981 per month at $3.89 per square foot across 778 square feet; and Harbour View Estates II at 35 Mariner Terr, 0.15 km away with 23 closed leases, averages $3,401 per month at $4.34 per square foot across 794 square feet. All four competitors recorded active lease volume, so each provides a realized rent benchmark rather than a speculative asking figure.
Does The Gallery (Cityplace) offer a competitive price-per-square-foot ($/SF) against local comparables?
The Gallery (Cityplace) leases at $4.01 per square foot across an average 617-square-foot suite, trading at a discount below three of four active competitors on a per-square-foot basis while commanding a modest premium over Luna at Cityplace. Against West One (Cityplace), the subject trades at a $0.24 per square foot discount (5.6% below) and provides 48 fewer interior square feet, so the $299-per-month rent gap reflects both a lower rate and a smaller footprint. N Tower (Cityplace) carries an even steeper $0.88 per square foot premium (18.0% above the subject) with 128 more square feet, making its $808 higher monthly rent a function of both rate and scale. Harbour View Estates II prices $0.33 per square foot above the subject (7.6% higher) and delivers 177 additional square feet, accounting for its $931 rent advantage. Luna at Cityplace is the one outlier: the subject commands a $0.12 per square foot premium (3.1% above) yet still rents $511 less per month because its 617-square-foot suite is 161 square feet smaller than Luna's 778-square-foot average, meaning the nominal rent gap is driven entirely by interior footprint rather than asset valuation.
How do building age, amenities, and developer reputation impact rent spreads?
The Gallery (Cityplace) offers a 17-feature lifestyle package anchored by an indoor pool, hot tub, sauna and steam room, rooftop terrace with BBQ, basketball court, and a winter garden, positioning it as a full-amenity mid-market building rather than a no-frills option. The subject's winter garden is absent from all four competitors, and its pet wash station and indoor kids' play room are features that West One (Cityplace) and N Tower (Cityplace) do not provide, giving The Gallery a distinct family-and-pet-friendly edge within the Brunel Court cluster. Harbour View Estates II counters with a broader sports and recreation suite—tennis and pickleball courts, squash and racquetball, a golf simulator, bowling alley, and a dedicated dog run—while Luna at Cityplace differentiates with an outdoor pool, dining room and kitchen, and business centre. The Gallery's package best serves young professionals and small families who prioritize aquatic wellness, a pet-friendly environment, and indoor recreational space without the premium pricing of Harbour View Estates II or the larger-suite commitment of N Tower and Luna at Cityplace.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around The Gallery (Cityplace).
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Basketball Court
- Games & Billiards Room
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Rooftop Terrace
- BBQ Area
- Party & Lounge Room
- Meeting Room
- Media & Theatre Room
- Garden & Courtyard
- Kids' Play Room - Indoor
- Pet Wash Station
- Massage Spa
- Winter Garden
Residential Buildings in the Vicinity
- West One (Cityplace)53 m
- N Tower (Cityplace)67 m
- Luna at Cityplace - Podium, LTD & Villas138 m
- Harbour View Estates I - Lofts146 m
- Harbour View Estates II147 m
- Neo (Cityplace)157 m
- Montage (Cityplace)184 m
- Parade 1 - South Tower191 m
- Luna Vista194 m
- Harbour View Estates I - Tower195 m
- King's Landing215 m
- Canada House - West Tower242 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Gallery (Cityplace).
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.