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Market Data as of August 31, 2026

Ellie Condos — Rental Market Data

15 Ellerslie Avenue, North York, Ontario M2N 0L7
Quick Rent Estimate
Active Suites7 Available
Type
Units
Avg Rent
2-Bedroom
4
$2,750
1-Bedroom
2
$2,100
2-Bedroom + Den
1
$3,200

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2025
Total Suites301
DeveloperG Group Development Inc.

Ellie Condos, located at 15 Ellerslie Avenue within the North York City Centre neighborhood, is an established 301-suite residential development completed in 2025 by G Group Development Inc. The property currently exhibits 7 active listings representing an availability rate of 2.3 percent. Over the past 90 days, the building recorded 24 closed transactions with an average of 25 days on the market, alongside 8 closed transactions over the past 30 days with an average of 19 days on the market.

Active asking rents average $2,629 per month at a rate of $4.96 per square foot across an average active size of 560 square feet, standing above the realized 90-day average lease rate of $2,395 per month across an average size of 536 square feet. Current active inventory skews toward larger multi-bedroom configurations compared to past leases, resulting in higher nominal monthly outlays. Meanwhile, the active asking rate per square foot exceeds the broader submarket asking benchmark of $3.84 per square foot by 29.2 percent.

Marketing friction remains low, evidenced by closed days on market averaging 25 days compared to 20 days for delisted units, while 47.5 percent of historical leases successfully closed under asking, with tenants securing an average discount of $42 per month. Prospective tenants searching the building will find a deep selection of 2-Bedroom layouts representing 57.1 percent of available inventory, whereas 2-Bedroom + Den configurations offer scarce availability with only a single unit on the market.

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Active Rental Inventory & Asking Rates

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

Active Units7
0
Avg Asking Rent$2,629
+$7 (0.3%)
Avg Suite Size560 sf
+14 sf (2.6%)
Avg Days on Market13d
+3d (24.0%)
Avg Asking $/SF$4.96
-$0.07 (1.4%)

Active Market Insights & Questions

How has rental availability changed at Ellie Condos recently?

Ellie Condos features 7 active listings as of August 31, 2026, with asking rents spanning from $2,000 to $3,200 per month, averaging $2,629 per month and a median asking rent of $2,800 per month. Active suites average 560 square feet with an asking rate of $4.96 per square foot, while 2-Bedroom layouts dominate the available inventory with a 57.1 percent share, indicating that current options lean toward multi-bedroom footprints rather than compact entry-level units.

What floor plans and unit layouts are currently available at Ellie Condos?

The dominant active layout at Ellie Condos is the 2-Bedroom tier, accounting for 4 listings and a 57.1 percent inventory share with an average asking rent of $2,750 per month across an average of 681 square feet at $4.05 per square foot. The 1-Bedroom tier provides 2 available suites representing a 28.6 percent share, averaging $2,100 per month across 400 square feet at $5.25 per square foot. Additionally, the 2-Bedroom + Den tier comprises a single listing holding a 14.3 percent share, asking $3,200 per month for 400 square feet at an asking rate of $8.00 per square foot.

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

Ellie Condos posts a minimum entry rent of $2,000 per month and a peak asking rent of $3,200 per month, creating a dollar spread of $1,200 per month or a 60 percent pricing spread. The building records a median asking rent of $2,800 per month across its active inventory. Entry-level options are anchored by a 1-Bedroom suite offering 400 square feet at $5.00 per square foot, whereas peak pricing is driven by a 2-Bedroom + Den suite spanning 400 square feet at $8.00 per square foot.

How much extra do parking spaces and dens cost at Ellie Condos?

Ellie Condos features an active den premium dollar amount that cannot be isolated from the dataset, as den square footage deltas are null. Active parking stalls are verified at an additional cost of $133 per month for tenants requiring parking stalls.

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

Ellie Condos commands an active asking rent of $2,629 per month and an asking rate of $4.96 per square foot, comparing against the broader North York City Centre submarket asking benchmark of $2,753 per month and $3.84 per square foot. The building's lower nominal rent is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot exceeds the submarket by 29.2 percent, while the property accounts for 3.2 percent of the 216 total active listings across the submarket.

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

Units Leased8
Avg Leased Price$2,400
Avg Leased Size536 sf
Avg Days to Lease19d
Leased $/SF$4.69

Leased Transaction Insights & Questions

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

At Ellie Condos, the 30-day leasing velocity recorded an average days on market of 19 days, compared to a 90-day average of 25 days and a submarket benchmark of 25 days. Closed lease counts tracked 8 transactions over the past 30 days, 24 transactions over the past 90 days, and 40 transactions over the lifetime dataset. Leasing turnover accelerated significantly through the summer months as active absorption outpaced regional averages.

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

At Ellie Condos, transactions closed with an average tenant discount of $42 per month (a 1.75% discount off asking prices), yielding $504 in annual tenant savings. Exactly 47.5% of leases closed under asking, reflecting tenant-favorable market leverage and landlord concessions during negotiations.

What are typical executed lease prices across different layouts at Ellie Condos?

The two highest-volume anchor layouts at Ellie Condos are 1-Bedroom suites averaging $2,053 per month with 34 days on market, and 2-Bedroom suites averaging $3,000 per month with 27 days on market. For 1-Bedroom suites, the tier recorded 27 closed leases, an average rent of $2,053 per month, a median rent of $2,000 per month, a P25-P75 range of $1,995 to $2,150 per month, an average square footage of 449 square feet, $4.63 per square foot, and an average days on market of 34 days. For 2-Bedroom suites, the tier recorded 5 closed leases, an average rent of $3,000 per month, a median rent of $2,950 per month, a P25-P75 range of $2,850 to $3,000 per month, an average square footage of 770 square feet, $3.92 per square foot, and an average days on market of 27 days. For 1-Bedroom + Den units, a limited sample size of 4 closed leases recorded an average rent of $2,325 per month, a median rent of $2,300 per month, a P25-P75 range of $2,175 to $2,450 per month, an average size of 611 square feet, $3.81 per square foot, and 36 days on market. For 2-Bedroom + Den units, a limited sample size of 4 closed leases recorded an average rent of $2,870 per month, a median rent of $2,865 per month, a P25-P75 range of $2,850 to $2,885 per month, an average size of 750 square feet, $3.83 per square foot, and 14 days on market.

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

At Ellie Condos, realized parking premiums averaged $226 per month across verified transactions. Parking stalls were typically bundled into larger multi-bedroom suite negotiations. Active asking parking rates are currently listed at $133 per month.

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

At Ellie Condos, overall rent trajectories exhibited a spring recovery followed by sustained summer pricing strength. In April 2026, 3 deals closed at an average rent of $2,133 per month, $4.31 per square foot, and 60 days on market. In May 2026, 13 deals closed at an average rent of $2,102 per month, $4.22 per square foot, and 36 days on market. In June 2026, 5 deals closed at an average rent of $2,476 per month, $3.84 per square foot, and 32 days on market. In July 2026, 11 deals closed at an average rent of $2,355 per month, $4.61 per square foot, and 25 days on market. In August 2026, 8 deals closed at an average rent of $2,400 per month, $4.69 per square foot, and 19 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units4
Avg Asking Price$2,400
Avg Suite Size550 sf
Avg Days on Market20d
Delisted $/SF$4.55

De-Listed Market Analysis & Questions

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

At Ellie Condos, 4 total units were delisted, representing a delisted-to-leased ratio of 50.0% based on all-time leasing volume. The unrented pool consisted entirely of 4 terminated listings, with zero expired or suspended listings. This indicates a moderate relisting friction ratio where 1 listing was pulled for every 2 successful leases.

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

At Ellie Condos, unrented units asked exactly at realized lease parity, recording an average asking price of $2,400 per month and matching realized leases with a $0 nominal spread and a $0 per square foot variance.

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

At Ellie Condos, delisted units recorded an average of 20 days on market compared to 31 days for realized leases. This minimal excess marketing duration generated negligible holding friction, avoiding prolonged vacancy carrying costs for landlords.

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
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)
2026-04-271522235454.1130
2026-04-281522235454.1131
2026-04-291422175494.0728
2026-04-301422175494.0729
2026-05-011321825414.0730
2026-05-021321825414.0731
2026-05-031321825414.0732
2026-05-041321835344.1532
2026-05-051321835344.1533
2026-05-061321835344.1534
2026-05-071121165134.1939
2026-05-081121165134.1940
2026-05-091221195044.2837
2026-05-101221195044.2838
2026-05-111121355044.3236
2026-05-12921645064.3832
2026-05-131021785044.4229
2026-05-14921924994.4929
2026-05-15921924994.4930
2026-05-16921924994.4931
2026-05-17822104994.5426
2026-05-18721264634.6523
2026-05-19721264634.6524
2026-05-20721264634.6525
2026-05-21620974604.6329
2026-05-22422885354.3728
2026-05-23422885354.3729
2026-05-24422885354.3730
2026-05-25422885354.3731
2026-05-26422885354.3732
2026-05-27422885354.3733
2026-05-28422885354.3734
2026-05-29724475774.3920
2026-05-30625136074.2718
2026-05-31625136074.2719
2026-06-01625136074.2720
2026-06-02625136074.2721
2026-06-03624135484.5820
2026-06-04624135484.5821
2026-06-05823665434.5417
2026-06-06823665434.5418
2026-06-07823665434.5419
2026-06-08723975494.5714
2026-06-09723975494.5715
2026-06-10723975494.5716
2026-06-11722644994.7215
2026-06-12824565564.6314
2026-06-13725145644.708
2026-06-14725145644.709
2026-06-15825445884.579
2026-06-16825445884.5710
2026-06-17825445884.5711
2026-06-18825445884.5712
2026-06-19825445884.5713
2026-06-20825445884.5714
2026-06-21825445884.5715
2026-06-22825445884.5716
2026-06-23925065674.6715
2026-06-24925065674.6716
2026-06-25925005674.6614
2026-06-26925005674.6615
2026-06-27925005674.6616
2026-06-28925005674.6617
2026-06-291025405854.5816
2026-06-30925175674.6818
2026-07-01925175674.6819
2026-07-02825445884.5419
2026-07-03726146144.4618
2026-07-04726146144.4619
2026-07-05726146144.4620
2026-07-06825445884.5419
2026-07-07825445884.5420
2026-07-08924835674.6018
2026-07-091024355534.6017
2026-07-101024855804.4517
2026-07-11822695134.5817
2026-07-12822695134.5818
2026-07-13822695134.5819
2026-07-14823885574.4419
2026-07-15723365504.3513
2026-07-16623255344.4610
2026-07-17623255344.4611
2026-07-18623255344.4612
2026-07-19623255344.4613
2026-07-20623255344.4614
2026-07-21724145504.4713
2026-07-22724145504.4714
2026-07-23724145464.5113
2026-07-24724145464.5114
2026-07-25624925714.4510
2026-07-26624925714.4511
2026-07-27825195284.979
2026-07-28924835145.039
2026-07-29726215465.039
2026-07-30726215465.0310
2026-07-31726215465.0311
2026-08-01825695285.0910
2026-08-02825695285.0911
2026-08-03725505075.2411
2026-08-04725435225.1510
2026-08-05725435225.1511
2026-08-06824755065.1310
2026-08-07824755065.1311
2026-08-08925115225.0411
2026-08-09925115225.0412
2026-08-10925115225.0413
2026-08-11925115225.0414
2026-08-12824504945.1713
2026-08-13824504945.1714
2026-08-14824504945.1715
2026-08-15824504945.1716
2026-08-16824504945.1717
2026-08-17825135255.0317
2026-08-18925225414.9016
2026-08-191024905274.9613
2026-08-201025505624.7812
2026-08-211025505624.7813
2026-08-221025505624.7814
2026-08-231025505624.7815
2026-08-24826255724.8718
2026-08-25726865964.7818
2026-08-26626335455.1512
2026-08-27725435255.1311
2026-08-28626005455.0712
2026-08-29726295604.9611
2026-08-30726295604.9612
2026-08-31726295604.9613

12-Month Market Dynamics & Trend Trajectory

Ellie Condos has established a robust leasing history featuring 40 total transactions across the tracked timeline. Closed leases achieved an overall average rent of $2,280 per month at $4.38 per square foot, with an average suite size of 536 square feet and a lifetime days on market of 31 days. Tenant turnover remained steady as the building absorbed initial rental supply efficiently within the North York City Centre submarket. Pricing discipline at the property favored prospective tenants, with 47.5% of deals closing below initial asking expectations. Transactions settled with a net negotiation discount of $42 per month, or 1.75% below asking, saving tenants an average of $504 annually. This tenant-favorable leverage reflects measured landlord concessions required to secure commitments in a competitive submarket.

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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)
2026-05-03323475983.9314
2026-05-10419355093.8161
2026-05-17521004704.5430
2026-05-24120504005.1336
2026-05-31128507503.8012
2026-06-07322775803.9445
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28223505754.3022
2026-07-05328507004.3319
2026-07-12423635504.5030
2026-07-19119004004.7544
2026-07-26220004005.0014
2026-08-02227756624.2019
2026-08-09130007513.9929
2026-08-16221004005.2515
2026-08-23321504504.8819

Nearby Building Rental Comparables & Price Spreads

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

Ellie Condos competes directly against a localized micro-market set of nearby rental towers, anchored by The Majestic II at 18 Parkview Ave (0.11 km away, built in 2004, with 3 active listings), The Imperial II at 260 Doris Ave (0.14 km away, built in 1999, with 2 active listings), Beacon at 5180 Yonge St (0.14 km away, built in 2019, with 29 active listings), and The Imperial I at 256 Doris Ave (0.15 km away, built in 1998, with 4 active listings). This competitive group spans two distinct structural generations, contrasting older, larger floor plans from the late 1990s and early 2000s against newer, highly efficient builds from the late 2010s. Across this peer group, the competitive set averages $2,730 per month at $3.49 per square foot across an average suite size of 810 square feet. Ellie Condos establishes itself as a premier, newly completed construction option that commands an elevated rate per square foot compared to its older neighbors, leaning heavily on modern finishes and efficient layouts to capture tenant demand in North York City Centre.

18 Parkview Ave, North York

Avg Asking$2,605/mo
Avg $/SF$2.95
Rent Spread:
-$24/mo (-0.9%) Lower

260 Doris Ave, North York

Avg Asking$2,869/mo
Avg $/SF$3.29
Rent Spread:
+$240/mo (+9.1%) Higher
Beacon144 m

5180 Yonge St, North York

Avg Asking$2,589/mo
Avg $/SF$4.17
Rent Spread:
-$40/mo (-1.5%) Lower

26 Norton Ave, North York

Avg Asking$2,636/mo
Avg $/SF$3.60
Rent Spread:
+$7/mo (+0.3%) Higher

256 Doris Ave, North York

Avg Asking$2,513/mo
Avg $/SF$3.58
Rent Spread:
-$116/mo (-4.4%) Lower

75 Canterbury Pl, North York

Avg Asking$2,514/mo
Avg $/SF$4.21
Rent Spread:
-$114/mo (-4.3%) Lower

Comparable Analysis & Questions

How do rental rates at Ellie Condos compare to neighbouring buildings within North York City Centre?

Ellie Condos records an average lease rent that sits alongside a competitive micro-market average of $2,730 per month, evaluated across established benchmarks like The Majestic II, The Imperial II, Beacon, and The Imperial I. Individual competitor performance highlights diverse rental metrics across the immediate area: The Majestic II (18 Parkview Ave) achieved an average lease rent of $2,967 per month at $3.10 per square foot across 967 square feet; The Imperial II (260 Doris Ave) posted an average lease rent of $3,038 per month at $3.20 per square foot across 950 square feet; Beacon (5180 Yonge St) registered an average lease rent of $2,516 per month at $4.22 per square foot across 623 square feet; and The Imperial I (256 Doris Ave) recorded an average lease rent of $2,400 per month at $3.43 per square foot across 700 square feet.

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

Ellie Condos establishes its value proposition by delivering brand-new construction finishes and modern spatial efficiency that trade at higher rates per square foot than older, legacy inventory in the immediate micro-market. Renters evaluating Ellie Condos weigh specific lifestyle trade-offs, opting for lower utility burdens, contemporary mechanical systems, and streamlined layouts over the larger, older footprints found in buildings like The Majestic II (967 square feet at $3.10 per square foot) and The Imperial II (950 square feet at $3.20 per square foot). While older properties offer lower capital costs per square foot—such as The Imperial I at $3.43 per square foot across 700 square feet—Ellie Condos aligns closely with modern transit-oriented demand akin to Beacon's high-density efficiency (623 square feet at $4.22 per square foot), appealing to tenants prioritizing contemporary aesthetics and building systems.

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

Ellie Condos delivers a comprehensive modern lifestyle package featuring 5 signature amenities including a Concierge & Security service, a Gym & Fitness Centre, a Rooftop Terrace, a Party & Lounge Room, and a Sauna & Steam Room. When contrasted with nearby competitors, Ellie Condos matches or exceeds traditional offerings found at legacy buildings like The Majestic II—which includes an Indoor Pool and Library & Reading Room alongside standard fitness spaces—while introducing contemporary outdoor and social zones similar to Beacon's Yoga Studio, Media & Theatre Room, and Rooftop Terrace. Furthermore, Ellie Condos outpaces older developments like The Imperial I and The Imperial II—the latter of which features a specialized Pet Care Station—by offering a well-rounded suite of wellness and entertainment spaces tailored directly to young professionals and modern urban renters seeking comprehensive building infrastructure.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Ellie Condos.

Building Amenities

  • BBQ Area
  • Concierge & Security
  • Games & Billiards Room
  • Gym & Fitness Centre
  • Media & Theatre Room
  • Meeting Room
  • Party & Lounge Room
  • Rooftop Terrace
  • Sauna & Steam Room

Data Methodology & Analytical Standards

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

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.