Market Data as of August 31, 2026
Village Gate I — Rental Market Data
Last Lease
2-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Village Gate I, located at 18 Lower Village Gate in the South Midtown neighborhood, is an established residential building completed in 1988 by developer Camrost 2000 featuring a total suite count of 81 units, with zero active listings available on the market as of August 31, 2026, representing an availability rate of 0.0%.
Comparing historical operations against the broader neighborhood, historical leases averaged $5,900 per month at $3.84 per square foot, which sits below the South Midtown submarket asking rent benchmark of $4,012 per month and asking rate of $4.64 per square foot, while historical suite sizes averaged a spacious 1,535 square feet compared to smaller active layouts across the submarket.
Reviewing leasing action plans, historical transactions closed with zero negotiation spread at asking price over an average of 16 days on the market, while delisted inventory remained at zero units across the tracked period.
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Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 5900 | 1535 | 3.84 | 2 |
| 2026-04-28 | 1 | 5900 | 1535 | 3.84 | 3 |
| 2026-04-29 | 2 | 5445 | 1018 | 6.91 | 2 |
| 2026-04-30 | 2 | 5445 | 1018 | 6.91 | 3 |
| 2026-05-01 | 2 | 5445 | 1018 | 6.91 | 4 |
| 2026-05-02 | 2 | 5445 | 1018 | 6.91 | 5 |
| 2026-05-03 | 2 | 5445 | 1018 | 6.91 | 6 |
| 2026-05-04 | 2 | 5445 | 1018 | 6.91 | 7 |
| 2026-05-05 | 2 | 5445 | 1018 | 6.91 | 8 |
| 2026-05-06 | 2 | 5445 | 1018 | 6.91 | 9 |
| 2026-05-07 | 2 | 5445 | 1018 | 6.91 | 10 |
| 2026-05-08 | 2 | 5445 | 1018 | 6.91 | 11 |
| 2026-05-09 | 2 | 5445 | 1018 | 6.91 | 12 |
| 2026-05-10 | 2 | 5445 | 1018 | 6.91 | 13 |
| 2026-05-11 | 1 | 4990 | 500 | 9.98 | 12 |
| 2026-05-12 | 1 | 4990 | 500 | 9.98 | 13 |
| 2026-05-13 | 1 | 4990 | 500 | 9.98 | 14 |
| 2026-05-14 | 1 | 4990 | 500 | 9.98 | 15 |
| 2026-05-15 | 1 | 4990 | 500 | 9.98 | 16 |
| 2026-05-16 | 1 | 4990 | 500 | 9.98 | 17 |
| 2026-05-17 | 1 | 4990 | 500 | 9.98 | 18 |
| 2026-05-18 | 1 | 4990 | 500 | 9.98 | 19 |
| 2026-05-19 | 1 | 4990 | 500 | 9.98 | 20 |
| 2026-05-20 | 1 | 4990 | 500 | 9.98 | 21 |
| 2026-05-21 | 1 | 4990 | 500 | 9.98 | 22 |
| 2026-05-22 | 1 | 4990 | 500 | 9.98 | 23 |
| 2026-05-23 | 1 | 4990 | 500 | 9.98 | 24 |
| 2026-05-24 | 1 | 4990 | 500 | 9.98 | 25 |
12-Month Market Dynamics & Trend Trajectory
Village Gate I at 18 Lower Village Gate has achieved a lifetime leasing volume of 1 closed transaction averaging $5,900 per month and $3.84 per square foot. The building features large floor plans averaging 1,535 square feet with an average days on market of 16, reflecting steady tenant turnover for its expansive suite layouts. Pricing discipline at the building demonstrates balanced negotiation dynamics where transactions settled on average at 100% of asking price. With zero variance between asking and closing rents, neither tenants nor landlords held distinct pricing leverage during the tracked leasing cycle.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-10 | 1 | 5900 | 1535 | 3.84 | 16 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Village Gate I, located at 18 Lower Village Gate, anchors a well-established residential enclave featuring several direct competitor buildings completed across different eras of the late 20th century. Immediately adjacent is Village Gate II at 19 Lower Village Gate (0.05 km away, built in 1988 with 0 active listings), Village Terraces at 260 Heath St W (0.08 km away, built in 1982 with 0 active listings), Village Park at 240 Heath St W (0.13 km away, built in 1980 with 0 active listings), and 350 Lonsdale at 350 Lonsdale Rd (0.15 km away, built in 1974 with 0 active listings). This competitive set illustrates a mature, highly stable pocket of South Midtown Toronto characterized by mid-rise and high-rise multi-residential properties constructed predominantly between the mid-1970s and late 1980s. Evaluating the broader micro-market dynamics reveals that while active listing counts across these specific immediate peers remain at zero, Village Gate I provides an established benchmark for spacious multi-bedroom living. Because direct comparable rental and square footage figures are not actively reported across all adjacent peers in the dataset, the building's structural positioning relies on its established build quality and generous suite scales. Renters evaluating this immediate neighborhood weigh the maturation of these classic developments against newer inventory, finding distinct value in larger floor plans and established community settings.
Comparable Analysis & Questions
How do rental rates at Village Gate I compare to neighbouring buildings within South Midtown?
Village Gate I leases average $5,900 per month at $3.84 per square foot, positioning it alongside established peers in the immediate South Midtown micro-market. Direct local competitors include Village Gate II at 19 Lower Village Gate, Village Terraces at 260 Heath St W, Village Park at 240 Heath St W, and 350 Lonsdale at 350 Lonsdale Rd. Because current active listings and closed lease metrics are not reported for Village Gate II, Village Terraces, Village Park, and 350 Lonsdale, exact comparative rental spreads cannot be numerically calculated, though all share a similar architectural vintage and location profile.
Does Village Gate I offer a competitive price-per-square-foot ($/SF) against local comparables?
Village Gate I delivers a compelling value proposition centered on generous square footage, leasing at an average of $3.84 per square foot across spacious 1,535-square-foot footprints, which trades below the broader South Midtown submarket average asking rate of $4.64 per square foot. Renters migrating to Village Gate I secure substantially larger living areas compared to newer, more compact condominium builds in the wider submarket, trading away ultra-modern aesthetic upgrades for expansive layouts and lower overall baseline costs per square foot. This balance makes the building particularly attractive to households prioritizing room to maneuver without paying a premium for contemporary micro-suite designs.
How do building age, amenities, and developer reputation impact rent spreads?
Village Gate I offers a robust, traditional amenity package that supports a comfortable, community-oriented lifestyle competitive with its surrounding neighbors. Residents enjoy signature features including Concierge & Security, Gym & Fitness Centre, Outdoor Pool, Sauna & Steam Room, and Party & Lounge Room. When contrasted with nearby peers, Village Gate I matches the core recreational offerings found at Village Gate II (which adds an EV Charging Station), Village Terraces (which features a Rooftop Terrace, BBQ Area, and Games & Billiards Room), Village Park (which includes an Indoor Pool, Hot Tub & Jacuzzi, and Rooftop Terrace), and 350 Lonsdale (featuring an Indoor Pool and Rooftop Terrace). This amenity ecosystem primarily serves mature professionals, downsizers, and families seeking comprehensive building services and active recreational spaces within a settled neighbourhood.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Village Gate I.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Outdoor Pool
- Sauna & Steam Room
- Party & Lounge Room
- Library & Reading Room
- Garden & Courtyard
Residential Buildings in the Vicinity
- Village Gate II47 m
- Village Terraces76 m
- Village Park126 m
- 350 Lonsdale150 m
- Boutique 60 Montclair154 m
- Lonsdale by the Village170 m
- Heath Gate205 m
- Heathside Place of Forest Hill246 m
- 425 Walmer331 m
- 317-319 Lonsdale334 m
- 1545 Bathurst343 m
- The Manor Apartments357 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Village Gate I.
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.