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Market Data as of August 31, 2026

Wonder — Rental Market Data

150 Logan Ave, Toronto, Ontario M4M 0G4
Quick Rent Estimate
Active Suites4 Available
Type
Units
Avg Rent
2-Bedroom
3
$2,910
1-Bedroom
1
$2,100

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2023
Total Suites286
DeveloperGraywood Developments & Alterra Developments

Wonder at 150 Logan Ave in the Toronto East submarket is an established residential building developed by Graywood Developments & Alterra Developments, featuring 286 total suites completed in 2023. Leasing activity over the past 90 days recorded 10 closed leases with an average days on market of 23, while the past 30-day window recorded 5 closed leases with an average days on market of 20, leaving 4 active listings and an availability rate of 1.4 percent as of August 31, 2026.

Current active listings ask an average of $2,708 per month at $4.36 per square foot across an average of 638 square feet, compared to realized 90-day leases averaging $2,603 per month at $4.23 per square foot across an average of 658 square feet. Current active inventory skews slightly smaller in average square footage than realized leases, and the building's active asking rate per square foot tracks 9.5 percent above the submarket asking benchmark of $3.98 per square foot.

Unrented units that were delisted spent an average of 64 days on market asking $3,800 per month, which is $1,295 per month above realized lease averages, indicating those listings were overpriced relative to market conditions. Meanwhile, active inventory offers a limited selection, with 2-bedroom suites accounting for 75 percent of current listings across 3 available units, while 1-bedroom layouts represent the remaining 25 percent across 1 available unit.

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Active Rental Inventory & Asking Rates

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

Active Units4
-1 (20.0%)
Avg Asking Rent$2,708
-$353 (11.5%)
Avg Suite Size638 sf
-2 sf (0.4%)
Avg Days on Market16d
-8d (35.4%)
Avg Asking $/SF$4.36
-$0.35 (7.5%)

Active Market Insights & Questions

How has rental availability changed at Wonder recently?

Wonder features 4 active listings as of August 31, 2026, spanning a price range of $2,100 to $3,400 per month with an average rent of $2,708 per month and a median asking rent of $2,665 per month. Active inventory maintains an average size of 638 square feet and an asking rate of $4.36 per square foot. Two-bedroom layouts dominate the active inventory with a 75 percent share, indicating that current availability leans toward multi-bedroom configurations rather than compact entry-level suites.

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

The dominant active layout at Wonder is the 2-bedroom tier, representing 3 listing units and a 75 percent inventory share. Two-bedroom suites command an average rent of $2,910 per month (median asking rent of $2,680 per month) across an average size of 717 square feet at $4.06 per square foot. The remaining active inventory consists of a single 1-bedroom listing comprising a 25 percent share, averaging $2,100 per month across 400 square feet at $5.25 per square foot.

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

Wonder displays a minimum entry rent of $2,100 per month and a peak asking rent of $3,400 per month, creating a dollar spread of $1,300 and a percentage spread of 61.9 percent. Median asking rent stands at $2,665 per month. The entry-level option comprises a 1-bedroom suite sized at 400 square feet asking $5.25 per square foot, while the peak listing features a 2-bedroom layout sized at 750 square feet asking $4.53 per square foot.

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

Active den premium data for Wonder cannot be reliably isolated due to an insufficient sample. Active parking premium data is also unreliable or based on insufficient paired samples, meaning parking stall costs cannot be definitively established from current listings.

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

Wonder asks an average of $2,708 per month at $4.36 per square foot, comparing to submarket benchmark asking figures of $2,611 per month at $3.98 per square foot. The higher nominal rent aligns with larger average square footage, and the building's asking rate per square foot sits 9.5 percent above the submarket asking benchmark while representing 5.4 percent of 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 Wonder (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$2,505
Avg Leased Size658 sf
Avg Days to Lease20d
Leased $/SF$4.26

Leased Transaction Insights & Questions

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

At Wonder, 30-day leasing velocity registered 5 closed transactions with an average days on market of 20 days, compared to 10 closed leases over the 90-day window averaging 23 days on market and a submarket benchmark of 24 days on market. Closed lease counts progressed from 2 deals in April and 1 in May to 4 in June, 1 in July, and 5 in August, demonstrating that leasing turnover accelerated notably over the late summer months.

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

At Wonder, transactions settled with an average discount of $35 per month off asking (a 0.95% discount), delivering total tenant savings through landlord concessions. Exactly 23.1% of leases closed under asking price while the remaining transactions secured full asking rates, reflecting a tenant-favorable leasing environment where prospective renters maintained modest pricing leverage.

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

The two highest-volume anchor layouts at Wonder were the 1-Bedroom + Den, recording 5 closed leases averaging $2,560 per month with a 25-day average days on market, and the 2-Bedroom tier, recording 4 closed leases averaging $2,794 per month with a 23-day average days on market. For the remaining bedroom tiers, the 1-Bedroom configuration recorded 2 closed leases averaging $2,100 per month, a median of $2,100 per month, a P25-P75 range of $2,100 to $2,100 per month, an average size of 400 square feet, $5.25 per square foot, and 22 days on market (note that this represents a small sample size rather than a broad statistical benchmark). The 2-Bedroom + Den configuration recorded 2 closed leases averaging $3,250 per month, a median of $3,250 per month, a P25-P75 range of $3,175 to $3,325 per month, an average size of 850 square feet, $3.82 per square foot, and 31 days on market (note that this represents a small sample size rather than a broad statistical benchmark).

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

At Wonder, realized parking premium data was inconclusive due to insufficient paired sample records across closed transactions. Suite leasing patterns indicate that parking stalls were typically bundled directly into larger floor plans without separate line-item disclosures. Active asking listings similarly lacked reliable standalone parking fee breakdowns, preventing any clear calculation of separate parking values.

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

At Wonder, overall monthly rent trajectories moved from an average of $2,775 per month in April across 2 closed deals at $3.68 per square foot over 17 days on market, up to $3,100 per month in May across 1 closed deal at $3.65 per square foot over 54 days on market. Momentum continued in June with 4 closed leases averaging $2,600 per month at $4.20 per square foot over 33 days on market, followed by 1 closed lease in July at $3,100 per month over 4 days on market, and concluded in August with 5 closed leases averaging $2,505 per month at $4.26 per square foot over 20 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units2
Avg Asking Price$3,800
Avg Suite Size625 sf
Avg Days on Market64d
Delisted $/SF$5.86

De-Listed Market Analysis & Questions

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

At Wonder, a total of 2 units were delisted, representing a delisted-to-lifetime-leased ratio of 15.4% and a delisted-to-30-day-leased ratio of 40%. The delisted pool consisted of 1 terminated listing and 1 expired listing, with zero suspended listings. This indicates a healthy market ratio where roughly 1 listing was pulled or expired for every 6 successful lifetime leases.

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

At Wonder, unrented units asked an average of $3,800 per month, which is $1,295 per month above realized lease averages of $2,505 per month, and commanded a rate of $5.86 per square foot compared to the realized lease average of $4.26 per square foot. Unrented units were overpriced relative to realized leases, reflecting clear pushback on price from prospective tenants who rejected inflated asking figures.

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

At Wonder, delisted unrented units sat on the market for an average of 64 days compared to the 30-day leasing average of 20 days, resulting in 44 excess marketing days of unrented vacancy carry. Translating these 44 excess days into economic carrying costs amounts to roughly 1.5 months of lost rental income plus ongoing monthly condo maintenance fees absorbed by landlords who miscalculated local pricing thresholds.

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)
2026-04-27533807394.5422
2026-04-28533807394.5423
2026-04-29533807394.5424
2026-04-30433757114.6728
2026-05-01433757114.6729
2026-05-02433757114.6730
2026-05-03433757114.6731
2026-05-04433506884.8726
2026-05-05433506884.8727
2026-05-06433506884.8728
2026-05-07531806804.6723
2026-05-08531806804.6724
2026-05-09531806804.6725
2026-05-10531806804.6726
2026-05-11531806804.6727
2026-05-12531806804.6728
2026-05-13531806804.6729
2026-05-14531806804.6730
2026-05-15531806804.6731
2026-05-16531806804.6732
2026-05-17531806804.6733
2026-05-18531806804.6734
2026-05-19531806804.6735
2026-05-20531806804.6736
2026-05-21531806804.6737
2026-05-22630506754.5032
2026-05-23630506754.5033
2026-05-24630506754.5034
2026-05-25630506754.5035
2026-05-26630506754.5036
2026-05-27630506754.5037
2026-05-28630506754.5038
2026-05-29731007004.4333
2026-05-30731007004.4334
2026-05-31526006404.1621
2026-06-01526006404.1622
2026-06-02526006404.1623
2026-06-03526006404.1624
2026-06-04526006404.1625
2026-06-05424005884.2031
2026-06-06424005884.2032
2026-06-07323335674.2627
2026-06-08431256384.8121
2026-06-09431256384.8122
2026-06-10334677174.6718
2026-06-11334677174.6719
2026-06-12334677174.6720
2026-06-13334677174.6721
2026-06-14334677174.6722
2026-06-15334677174.6723
2026-06-16334677174.6724
2026-06-17334677174.6725
2026-06-18334677174.6726
2026-06-19334677174.6727
2026-06-20334677174.6728
2026-06-21334677174.6729
2026-06-22334677174.6730
2026-06-23334677174.6731
2026-06-24334677174.6732
2026-06-25334677174.6733
2026-06-26334677174.6734
2026-06-27334677174.6735
2026-06-28334677174.6736
2026-06-29240007505.1637
2026-06-30240007505.1638
2026-07-01240007505.1639
2026-07-02240007505.1640
2026-07-03240007505.1641
2026-07-04240007505.1642
2026-07-05240007505.1643
2026-07-06333676335.1929
2026-07-07333676335.1930
2026-07-08433005636.1124
2026-07-09433005636.1125
2026-07-10433005636.1126
2026-07-11433005636.1127
2026-07-12333676335.1935
2026-07-13238006255.8621
2026-07-14333676335.1915
2026-07-15432136384.9512
2026-07-16432136384.9513
2026-07-17432136384.9514
2026-07-18432136384.9515
2026-07-19432136384.9516
2026-07-20432136384.9517
2026-07-21432136384.9518
2026-07-22530606404.7115
2026-07-23530606404.7116
2026-07-24530606404.7117
2026-07-25530606404.7118
2026-07-26530606404.7119
2026-07-27530606404.7120
2026-07-28530606404.7121
2026-07-29530606404.7122
2026-07-30530606404.7123
2026-07-31530606404.7124
2026-08-01530606404.7125
2026-08-02530606404.7126
2026-08-03530606404.7127
2026-08-04432006384.9330
2026-08-05629386004.8621
2026-08-06728966074.7518
2026-08-07728966074.7519
2026-08-08728966074.7520
2026-08-09629256004.8424
2026-08-10629256004.8425
2026-08-11629256004.8426
2026-08-12629256004.8427
2026-08-13629256004.8428
2026-08-14629256004.8429
2026-08-15629256004.8430
2026-08-16629256004.8431
2026-08-17529605904.9632
2026-08-18529405904.9125
2026-08-19529405904.9126
2026-08-20529405904.9127
2026-08-21529405904.9128
2026-08-22529405904.9129
2026-08-23628976174.6925
2026-08-24529866104.8724
2026-08-25432336634.8430
2026-08-26432336634.8431
2026-08-27432336634.8432
2026-08-28532666804.7826
2026-08-29532666804.7827
2026-08-30532666804.7828
2026-08-31427086384.3616

12-Month Market Dynamics & Trend Trajectory

Wonder at 150 Logan Ave has established a robust leasing history within the Toronto East submarket, recording 13 lifetime closed leases with an average rent of $2,667 per month, an average rate of $4.09 per square foot, an average suite size of 658 square feet, and an average days on market of 25 days. Tenant turnover remained steady across the building's lifecycle as renters continually absorbed newly listed inventory within benchmark timeframes. Pricing discipline at Wonder favored tenants slightly, with transaction distribution showing that 23.1% of leases closed below asking price while remaining deals settled at full asking rates. Tenants secured an average discount of $35 per month or 0.95% off asking, realizing $420 in annual savings through landlord concessions while avoiding aggressive pricing inflation.

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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
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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)
2026-05-31232508503.8231
2026-06-07223505254.6344
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28123006503.5438
2026-07-050N/AN/AN/AN/A
2026-07-12131003508.864
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-02125006503.8521
2026-08-09127256504.194
2026-08-16127506504.2333
2026-08-23222755254.5120

Nearby Building Rental Comparables & Price Spreads

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

Wonder at 150 Logan Ave is situated among a competitive set of nearby residential buildings completed between 2012 and 2019, including 875 Queen East (246 Logan Ave, 0.25 km away, 9 closed leases), The Logan Residences (899 Queen St E, 0.28 km away, 3 closed leases), Lofts on Queen (1003 Queen St E, 0.50 km away, 119 closed leases), and Abode - 53 Colgate (53 Colgate Ave, 0.42 km away, 0 closed leases). Completed in 2023, the subject building represents a newer structural generation compared to its mid-decade and early-2010s neighbors, bringing contemporary floor plans and updated lifestyle facilities to the Toronto East micro-market. Within this competitive framework, the overall comparable benchmark averages a lease rate of $2,626 per month at $4.11 per square foot across an average suite size of 640 square feet. Wonder operates at a competitive scale with an all-time average lease rate of $2,667 per month at $4.09 per square foot across 658 square feet, positioning its rate per square foot in close alignment with submarket norms while offering modern construction advantages over older neighborhood alternatives.

246 Logan Ave, Toronto

Avg Asking$2,899/mo
Avg $/SF$4.34
Rent Spread:
+$191/mo (+7.1%) Higher

899 Queen St E, Toronto

Avg Asking$2,688/mo
Avg $/SF$3.96
Rent Spread:
-$20/mo (-0.7%) Lower

1003 Queen St E, Toronto

Avg Asking$2,374/mo
Avg $/SF$4.18
Rent Spread:
-$334/mo (-12.3%) Lower

201 Carlaw Ave, Toronto

Avg Asking$2,090/mo
Avg $/SF$3.56
Rent Spread:
-$618/mo (-22.8%) Lower

88 Colgate Ave, Toronto

Avg Asking$2,548/mo
Avg $/SF$5.00
Rent Spread:
-$159/mo (-5.9%) Lower

759-761 Queen Street E, Toronto

Avg Asking$4,070/mo
Avg $/SF$3.77
Rent Spread:
+$1,363/mo (+50.3%) Higher

Comparable Analysis & Questions

How do rental rates at Wonder compare to neighbouring buildings within Toronto East?

Wonder achieves an average lease rent of $2,667 per month, which compares against an overall competitive benchmark average of $2,626 per month across nearby properties such as 875 Queen East, The Logan Residences, Lofts on Queen, and Abode - 53 Colgate. Individual competitor performance varies across the micro-market based on age, unit size, and positioning. At 246 Logan Ave, 875 Queen East recorded an average lease rent of $2,887 per month at $4.31 per square foot across an average suite size of 669 square feet. The Logan Residences at 899 Queen St E posted an average lease rent of $2,683 per month at $3.90 per square foot across 683 square feet. Lofts on Queen at 1003 Queen St E recorded an average lease rent of $2,309 per month at $4.13 per square foot across 569 square feet. Meanwhile, Abode - 53 Colgate at 53 Colgate Ave did not record sufficient closed leases in the past 180 days to establish average rent and square footage metrics.

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

Wonder establishes its value proposition by trading at an average lease rate of $4.09 per square foot across an average footprint of 658 square feet, aligning closely with the micro-market benchmark of $4.11 per square foot. Renters evaluating Wonder versus 875 Queen East benefit from offering a lower or more competitive rate per square foot, trading at a $0.22 per square foot (5.1%) discount as the competitor achieves $4.31 per square foot across 669 square feet. Conversely, Wonder trades at a $0.19 per square foot (4.9%) premium over The Logan Residences, which averages $3.90 per square foot across 683 square feet. Against Lofts on Queen, which averages $4.13 per square foot across a smaller 569-square-foot layout, Wonder offers a lower or more competitive rate per square foot at a $0.04 per square foot (1.0%) discount while providing 89 more interior square feet. Renters at Wonder benefit from modern construction efficiencies and contemporary mechanical systems that help mitigate utility burdens, balancing newer interior finishes against larger, older footprints found in select neighboring stock.

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

Wonder delivers an extensive lifestyle and amenity program that distinguishes it from older neighboring buildings in the Toronto East submarket. Signature amenities at Wonder include Concierge & Security, a fully equipped Gym & Fitness Centre, a Party & Lounge Room, an expansive Rooftop Terrace with a BBQ Area, a Business Centre, an Indoor Kids' Play Room, a dedicated Pet Wash Station, and a Fire Pit. By comparison, 875 Queen East offers a concierge, party room, meeting room, rooftop terrace, and BBQ area, but lacks dedicated wellness and pet facilities like a pet wash station. The Logan Residences features a gym, party room, meeting room, dining room, rooftop terrace, courtyard, and pet wash station, but omits the comprehensive business and indoor play infrastructure found at Wonder. Lofts on Queen provides a gym, rooftop terrace, BBQ area, games room, courtyard, and concierge, while Abode - 53 Colgate is limited strictly to concierge and security services. This robust amenity suite makes Wonder exceptionally well-suited for professionals, pet owners, and remote workers seeking comprehensive building-integrated lifestyle options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Wonder.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Rooftop Terrace
  • BBQ Area
  • Business Centre
  • Kids' Play Room - Indoor
  • Pet Wash Station
  • Fire Pit

Data Methodology & Analytical Standards

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

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.