Market Data as of August 31, 2026
The Victorian — Rental Market Data
Last Lease
2-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
The Victorian at 15450 Yonge Street in Aurora is a 64-suite residential building completed in 2010 by Aurora Heights Development Inc., and it currently sits fully occupied with zero units listed for rent as of August 31, 2026. The building's recent leasing activity shows one closed lease in the trailing 30 days and one in the trailing 90 days, both at an average of $2,800 per month with a five-day average time on market, while three leases over the past year averaged $2,683 per month at $3.32 per square foot across 817 square feet of typical suite space.
With no active listings to benchmark, the building's realized lease rate of $2.95 per square foot in the most recent 30-day cohort sits 3.6 percent below the Aurora submarket's average realized rate of $3.06 per square foot, and the all-time average of $3.32 per square foot reflects slightly larger historical lease footprints. The submarket's current asking benchmark stands at $2,818 per month and $3.07 per square foot, meaning The Victorian's last closed lease at $2,800 per month tracked just under the broader Aurora asking level despite the building's 817-square-foot average suite being more compact than the submarket's implied 918-square-foot asking footprint.
Marketing friction at The Victorian is effectively nil: the single 30-day lease closed in five days, well under the Aurora submarket average of 21 days, and all tracked historical leases closed at or exactly at asking price with zero dollar concession across every recorded transaction. Because the building carries zero active inventory, renters seeking a two-bedroom unit in Aurora should direct their search to the five available listings currently on the submarket, as The Victorian offers no immediate entry point 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 Victorian (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at The Victorian last month, and how fast did they rent?
The Victorian at 15450 Yonge St in Aurora closed one lease in the trailing 30 days with a 5-day DOM, one lease in the trailing 90 days at the same 5-day DOM, against a submarket benchmark of 21 days. Over the full tracked year, three leases closed with an average DOM of 13 days, meaning turnover moderated from a 10-day spring close to a 5-day late-summer close. Leasing cadence accelerated in the final month, but the three-transaction lifetime volume remains a limited sample size and directional indicator only.
What is the negotiation spread between asking rents and closed lease prices at The Victorian?
The Victorian's three tracked leases settled on average at exactly 100% of asking price with zero dollar variance and no annualized tenant savings or landlord revenue gain. All three transactions closed at the listed rate, indicating balanced pricing leverage between landlords and tenants in this small sample. No concession or premium was recorded across the tracked period.
What are typical executed lease prices across different layouts at The Victorian?
The Victorian's sole leased layout is the 2-bedroom tier, accounting for 100% of tracked closings at an average of $2,683 per month and a 13-day average DOM. The three closed leases show a median rent of $2,700, a P25–P75 range of $2,625 to $2,750, an average suite size of 817 square feet, and a rate of $3.32 per square foot. This is a limited sample size of three transactions and should be treated as a directional reference only, not a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at The Victorian?
The Victorian's realized leased parking premium is inconclusive due to insufficient paired data linking individual leases to specific parking assignments. No verified parking dollar figure can be quoted from the tracked lease records. Active asking parking rates are similarly unreliable, with the platform flagging anomalous outliers that prevent a clean premium calculation.
How does the lease-to-listing ratio at The Victorian reflect current tenant demand?
The Victorian's tracked monthly timeline shows a steady upward rent trajectory from spring through late summer 2026. April closed one deal at $2,550 per month, 3.40 per square foot, and a 10-day DOM. May closed one deal at $2,700 per month, 3.60 per square foot, and a 24-day DOM. August closed one deal at $2,800 per month, 2.95 per square foot, and a 5-day DOM. The August nominal increase over May reflects a larger suite footprint rather than a higher rate per square foot, as the $/sq. ft. actually declined from 3.60 to 2.95.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 2 | 2475 | 750 | 3.30 | 35 |
| 2026-04-28 | 1 | 2400 | 750 | 3.20 | 61 |
| 2026-04-29 | 1 | 2400 | 750 | 3.20 | 62 |
| 2026-04-30 | 2 | 2550 | 750 | 3.40 | 32 |
| 2026-05-01 | 2 | 2550 | 750 | 3.40 | 33 |
| 2026-05-02 | 2 | 2550 | 750 | 3.40 | 34 |
| 2026-05-03 | 2 | 2550 | 750 | 3.40 | 35 |
| 2026-05-04 | 2 | 2550 | 750 | 3.40 | 36 |
| 2026-05-05 | 2 | 2550 | 750 | 3.40 | 37 |
| 2026-05-06 | 2 | 2550 | 750 | 3.40 | 38 |
| 2026-05-07 | 2 | 2550 | 750 | 3.40 | 39 |
| 2026-05-08 | 2 | 2550 | 750 | 3.40 | 40 |
| 2026-05-09 | 2 | 2550 | 750 | 3.40 | 41 |
| 2026-05-10 | 2 | 2550 | 750 | 3.40 | 42 |
| 2026-05-11 | 2 | 2550 | 750 | 3.40 | 43 |
| 2026-05-12 | 2 | 2550 | 750 | 3.40 | 44 |
| 2026-05-13 | 2 | 2550 | 750 | 3.40 | 45 |
| 2026-05-14 | 2 | 2550 | 750 | 3.40 | 46 |
| 2026-05-15 | 2 | 2550 | 750 | 3.40 | 47 |
| 2026-05-16 | 2 | 2550 | 750 | 3.40 | 48 |
| 2026-05-17 | 1 | 2700 | 750 | 3.60 | 17 |
| 2026-05-18 | 1 | 2700 | 750 | 3.60 | 18 |
| 2026-05-19 | 1 | 2700 | 750 | 3.60 | 19 |
| 2026-05-20 | 1 | 2700 | 750 | 3.60 | 20 |
| 2026-05-21 | 1 | 2700 | 750 | 3.60 | 21 |
| 2026-05-22 | 1 | 2700 | 750 | 3.60 | 22 |
| 2026-05-23 | 1 | 2700 | 750 | 3.60 | 23 |
| 2026-08-06 | 1 | 2800 | 950 | 2.95 | N/A |
| 2026-08-07 | 1 | 2800 | 950 | 2.95 | 1 |
| 2026-08-08 | 1 | 2800 | 950 | 2.95 | 2 |
| 2026-08-09 | 1 | 2800 | 950 | 2.95 | 3 |
| 2026-08-10 | 1 | 2800 | 950 | 2.95 | 4 |
12-Month Market Dynamics & Trend Trajectory
The Victorian's average realized rent of $2,683 per month sits $217 below the Aurora submarket average of $2,900, while its $3.32 per square foot rate runs 3.6% above the submarket leased benchmark of $3.06 per square foot. This combination indicates the building trades at a modest rent discount in absolute dollars but commands a slight per-square-foot premium, consistent with its 817-square-foot average suite being smaller than the submarket implied asking size of 918 square feet. All three tracked leases closed at exactly asking price with zero dollar variance, reflecting balanced pricing leverage and no measurable landlord concession or tenant discount pattern. The negotiation spread is flat at 0%, meaning landlords neither pushed above list nor absorbed below-list pricing across the small sample of transactions.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-24 | 1 | 2700 | 750 | 3.60 | 24 |
| 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 | 0 | N/A | N/A | N/A | N/A |
| 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 | 2800 | 950 | 2.95 | 5 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
The Victorian at 15450 Yonge St in Aurora, built in 2010 with 64 suites, sits in a tight competitive pocket along Yonge Street where only one nearby building recorded closed lease activity over the trailing 180 days. Devonshire Place at 15390 Yonge Street, 0.17 kilometres away and built in 1978, logged a single closed lease transaction, making it the sole active pricing benchmark in this immediate cluster. Three additional buildings—Centro Condos on Yonge at 15277 Yonge St (0.48 km, built 2017), Wells Street Schoolhouse Lofts at 64 Wells St (0.87 km, built 2016), and 160 Wellington St E (0.98 km, built 2003)—each recorded zero closed leases in the same window and function strictly as architectural and amenity references rather than live pricing comparables. The structural spread across this pocket spans 42 years, from Devonshire Place's 1978 construction to Centro Condos on Yonge's 2017 completion, with The Victorian occupying a mid-generation position that balances modern systems against the newest builds. Against the single active benchmark, The Victorian's overall comp average rent of $2,900 per month and $2.64 per square foot across 1,100 average square feet of interior space sets the reference point for this micro-market. The subject's realized lease metrics—$2,683 per month at $3.32 per square foot over 817 average square feet—place it below the comp on total monthly outlay but above it on rate per square foot, a pattern driven entirely by the 283-square-foot reduction in interior footprint rather than a weaker asset valuation. The submarket-wide averages of $2,900 per month and $3.06 per square foot with a 21-day average time-to-lease confirm that The Victorian's pricing sits within normal Aurora parameters while its compact suite configuration shifts the per-square-foot economics upward relative to the larger, older Devonshire Place product.
Comparable Analysis & Questions
How do rental rates at The Victorian compare to neighbouring buildings within Aurora?
The Victorian's average realized lease rent of $2,683 per month trades $217 (7.5%) below the overall comp benchmark of $2,900 per month set by Devonshire Place at 15390 Yonge Street, 0.17 kilometres away, which recorded one closed lease over the trailing 180 days at $2,900 per month, $2.64 per square foot, and 1,100 average square feet. The remaining three nearby buildings—Centro Condos on Yonge (15277 Yonge St, 0.48 km), Wells Street Schoolhouse Lofts (64 Wells St, 0.87 km), and 160 Wellington St E (0.98 km)—each logged zero closed leases in the past 180 days and therefore carry no realized rent benchmark against which to compare The Victorian's pricing. Devonshire Place's single lease transaction, with an average of six days on market, represents the only active data point in this immediate pocket and anchors the subject's rent-spread calculation.
Does The Victorian offer a competitive price-per-square-foot ($/SF) against local comparables?
The Victorian's leased rate of $3.32 per square foot commands a $0.68 per square foot (25.8%) premium over Devonshire Place's $2.64 per square foot, while the subject provides 283 fewer interior square feet (817 versus 1,100) than that 1978-era competitor. This trade-off means the lower nominal monthly rent at The Victorian is driven by a smaller suite footprint rather than a weaker per-square-foot valuation; a renter paying $2,683 per month at 817 square feet is effectively paying more for each unit of space than a Devonshire Place tenant paying $2,900 per month across 1,100 square feet. The three zero-transaction buildings—Centro Condos on Yonge, Wells Street Schoolhouse Lofts, and 160 Wellington St E—recorded no closed leases in the trailing 180 days and cannot serve as active pricing benchmarks, so all rate-per-square-foot and footprint comparisons in this pocket rest solely on Devonshire Place's single lease. For a renter prioritizing total monthly cost, The Victorian's compact configuration delivers a lower absolute outlay; for one prioritizing interior volume per dollar, Devonshire Place's larger 1978-era suites offer more space at a lower per-square-foot rate.
How do building age, amenities, and developer reputation impact rent spreads?
The Victorian offers a nine-item lifestyle package including a Yoga Studio, Sauna & Steam Room, Business Centre, and Games & Billiards Room that no nearby competitor replicates in full, positioning it as the amenity-dense option in an otherwise sparse Aurora pocket. Devonshire Place, the sole active pricing benchmark at 15390 Yonge Street, provides zero common lifestyle or recreational facilities, operating as a no-frills residential building with no gym, no meeting space, and no social areas—making The Victorian's concierge, fitness centre, sauna, and business centre a clear differentiator for renters who value on-site wellness and remote-work infrastructure. Among the zero-transaction reference buildings, Centro Condos on Yonge and Wells Street Schoolhouse Lofts each offer a gym and party room but lack the subject's dedicated Yoga Studio, Sauna & Steam Room, and Business Centre, while 160 Wellington St E adds a Rooftop Terrace that The Victorian does not include. The primary renter demographic best served by The Victorian's package is the young professional or small household seeking a turnkey wellness and productivity environment—yoga, steam recovery, and a dedicated business centre—without the larger-suite footprint or higher per-square-foot cost of a full luxury tower, making it a cost-efficient lifestyle play in Aurora's Yonge Street corridor.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around The Victorian.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- Business Centre
- Games & Billiards Room
- BBQ Area
Residential Buildings in the Vicinity
- Devonshire Place175 m
- Centro Condos on Yonge483 m
- Wells Street Schoolhouse Lofts871 m
- 160 Wellington St E984 m
- Highland Green1.5 km
- The Ridgewood1.5 km
- Ridgewood II1.7 km
- The Arbors4.2 km
- King George School Lofts5.4 km
- Specialty Lofts5.6 km
- The Bakerfield5.7 km
- The Davis5.7 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Victorian.
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.