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Market Data as of August 31, 2026

Maddox Cabbagetown — Rental Market Data

191-201 Sherbourne Street, Toronto, Ontario M5A 3X2
Quick Rent Estimate
Active Suites5 Available
Type
Units
Avg Rent
2-Bedroom
3
$2,862
1-Bedroom
2
$2,123

Building Summary & Rental Market Overview

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

Building TypePurpose-Built Rental
Year Completed1974
Total Suites373
DeveloperFitzrovia

Maddox Cabbagetown at 191-201 Sherbourne Street in the Downtown East neighborhood is an established residential building developed by Fitzrovia, completed in 1974, and offering 373 total suites. The building currently features 5 active listings yielding an availability rate of 1.3 percent. Over the past 90 days, the property recorded 1 closed lease averaging 20 days on market, matching the 30-day closed count of 1 lease and its average of 20 days on market.

Active asking rents average $2,566 per month at $3.74 per square foot across an average footprint of 690 square feet, which compares to the realized 90-day lease average of $2,920 per month at $3.44 per square foot across 850 square feet, with size differences reflecting active inventory skewing toward smaller suite layouts. Meanwhile, the building asking rate per square foot sits 14.2 percent below the broader Downtown East submarket asking benchmark of $4.36 per square foot.

Leasing friction shows closed transactions averaging 20 days on market compared to 28 days for unrented delisted listings, with 100 percent of leases closing exactly at asking price under a balanced market leverage condition. Prospective tenants find deep selection in 2-Bedroom layouts representing 60 percent of active stock, whereas 1-Bedroom units provide a more limited selection at 40 percent of available inventory.

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Active Rental Inventory & Asking Rates

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

Active Units5
-5 (50.0%)
Avg Asking Rent$2,566
+$176 (7.4%)
Avg Suite Size690 sf
+40 sf (6.2%)
Avg Days on Market37d
+20d (120.2%)
Avg Asking $/SF$3.74
+$0.03 (0.9%)

Active Market Insights & Questions

How has rental availability changed at Maddox Cabbagetown recently?

Maddox Cabbagetown features 5 active listings as of August 31, 2026, with an overall price range spanning $2,100 to $2,945 per month, an average asking rent of $2,566 per month, and a median asking rent of $2,820 per month. Available suites average 690 square feet with a mean asking rate of $3.74 per square foot. Two-bedroom floor plans dominate the active inventory at a 60 percent share, driving the availability profile toward larger multi-bedroom layouts.

What floor plans and unit layouts are currently available at Maddox Cabbagetown?

Two-bedroom layouts represent the dominant active layout at Maddox Cabbagetown, accounting for 3 listings and a 60 percent inventory share. This tier averages $2,862 per month across 783 square feet at an asking rate of $3.66 per square foot. One-bedroom suites comprise the remaining 2 listings with a 40 percent share, averaging $2,123 per month across 550 square feet at an asking rate of $3.86 per square foot.

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

Maddox Cabbagetown records a minimum entry rent of $2,100 per month and a peak asking rent of $2,945 per month, creating a dollar spread of $845 per month and a percentage spread of 40.2 percent. The median asking rent sits at $2,820 per month. The entry-level suite is a 1-Bedroom layout measuring 550 square feet priced at $3.82 per square foot, while the peak tier is represented by a 2-Bedroom layout measuring 850 square feet priced at $3.46 per square foot.

How much extra do parking spaces and dens cost at Maddox Cabbagetown?

Maddox Cabbagetown active den premiums cannot be quantified as den square footage deltas and marginal costs are currently null. Active parking premium data cannot be reliably isolated due to an unreliable outlier or insufficient sample; parking premium data is inconclusive.

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

Maddox Cabbagetown asks an average rent of $2,566 per month at $3.74 per square foot, which compares to the Downtown East submarket asking averages of $2,636 per month and $4.36 per square foot. The lower nominal asking rent is driven by more compact suite sizing rather than cheaper unit pricing. The building asking rate per square foot sits 14.2 percent below the submarket asking benchmark, backed by the property's 373 total suites contributing to local 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 Maddox Cabbagetown (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,920
Avg Leased Size850 sf
Avg Days to Lease20d
Leased $/SF$3.44

Leased Transaction Insights & Questions

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

Maddox Cabbagetown recorded a 30-day days on market average of 20 days and a 90-day average of 20 days, outpacing the Downtown East submarket benchmark of 24 days. Leasing velocity held steady with 1 closed lease recorded over the past 30 days, 90 days, and 1-year periods, reflecting consistent long-term demand for the building.

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

Maddox Cabbagetown closed transactions on average exactly at asking price with a net negotiation spread of $0 per month (a 0% variance), reflecting a balanced market leverage environment between landlords and tenants. All tracked leases settled at asking price with zero variance in either direction.

What are typical executed lease prices across different layouts at Maddox Cabbagetown?

Maddox Cabbagetown anchored its recent leasing activity with the 2-Bedroom layout, which closed 1 lease averaging $2,920 per month, a median of $2,920 per month, a P25-P75 range of $2,920 to $2,920 per month, across 850 square feet with an average rate of $3.44 per square foot and a 20-day marketing period. (Note that this represents an individual deal rather than a broad statistical benchmark).

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

Maddox Cabbagetown parking premium data is inconclusive due to insufficient paired lease records. Active and historical parking premiums could not be reliably isolated, preventing any separate line-item valuation of vehicle stalls.

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

Maddox Cabbagetown demonstrated stable rent performance with a single recorded month of activity in August 2026. August 2026 closed 1 deal averaging $2,920 per month at $3.44 per square foot with a 20-day marketing duration.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units10
Avg Asking Price$2,386
Avg Suite Size650 sf
Avg Days on Market28d
Delisted $/SF$3.70

De-Listed Market Analysis & Questions

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

Maddox Cabbagetown recorded 10 delisted units, translating to a delisted-to-leased ratio of 1,000 percent, consisting entirely of 10 terminated listings with zero expired or suspended properties. This represents 10 unrented listings pulled from the market for every successful lease executed.

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

Maddox Cabbagetown unrented units asked an average of $2,386 per month, representing a nominal dollar spread of $535 per month below realized lease averages and an 18.3 percent discount nominally. Unrented units asked a lower nominal price because they were concentrated in smaller floor plans, while achieving an average rate of $3.70 per square foot compared to the realized lease average of $3.44 per square foot.

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

Maddox Cabbagetown unrented listings required an average of 28 days on the market before being pulled, exceeding the realized lease average of 20 days by 8 excess marketing days. This 8-day marketing premium creates minor carrying friction for landlords testing pricing ceilings before adjusting expectations.

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
Select layout to filter chart
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)
2026-04-27627167333.7426
2026-04-28627167333.7427
2026-04-29627167333.7428
2026-04-30627167333.7429
2026-05-01627167333.7430
2026-05-02627167333.7431
2026-05-03627167333.7432
2026-05-04627167333.7433
2026-05-05627167333.7434
2026-05-06627167333.7435
2026-05-07627167333.7436
2026-05-08627167333.7437
2026-05-09627167333.7438
2026-05-10627167333.7439
2026-05-11626877333.70N/A
2026-05-12626877333.701
2026-05-13626877333.702
2026-05-14626877333.703
2026-05-15626877333.704
2026-05-16626877333.705
2026-05-17626877333.706
2026-05-18626877333.707
2026-05-19626877333.708
2026-05-20626877333.709
2026-05-21626877333.7010
2026-05-22626877333.7011
2026-05-23626877333.7012
2026-05-24626877333.7013
2026-05-25626877333.7014
2026-05-26626877333.7015
2026-05-27626877333.7016
2026-05-28626877333.7017
2026-05-29626877333.7018
2026-05-30626877333.7019
2026-05-31626877333.7020
2026-06-01626877333.7021
2026-06-02626877333.7022
2026-06-03626877333.7023
2026-06-04626877333.7024
2026-06-05626877333.7025
2026-06-06626877333.7026
2026-06-07626877333.7027
2026-06-08626877333.7028
2026-06-09626877333.7029
2026-06-10626877333.7030
2026-06-11626877333.7031
2026-06-12626877333.7032
2026-06-13626877333.7033
2026-06-14626877333.7034
2026-06-15626877333.7035
2026-06-16626877333.7036
2026-06-17626877333.7037
2026-06-18626877333.7038
2026-06-19626877333.7039
2026-06-20626877333.7040
2026-06-21626877333.7041
2026-06-22626877333.7042
2026-06-23626877333.7043
2026-06-24626877333.7044
2026-06-25626877333.7045
2026-06-26626877333.7046
2026-06-27626877333.7047
2026-06-28626877333.7048
2026-06-29626877333.7049
2026-06-30626877333.7050
2026-07-01626877333.7051
2026-07-02626877333.7052
2026-07-03626877333.7053
2026-07-04626877333.7054
2026-07-05626877333.7055
2026-07-06626877333.7056
2026-07-07725166793.75N/A
2026-07-08725166793.751
2026-07-09725166793.752
2026-07-10725166793.753
2026-07-11725166793.754
2026-07-12725166793.755
2026-07-13725166793.756
2026-07-14725166793.757
2026-07-15725166793.758
2026-07-16725166793.759
2026-07-17725166793.7510
2026-07-18725166793.7511
2026-07-19725166793.7512
2026-07-20725166793.7513
2026-07-21725166793.7514
2026-07-22725166793.7515
2026-07-23725166793.7516
2026-07-24725166793.7517
2026-07-25725166793.7518
2026-07-26725166793.7519
2026-07-27725166793.7520
2026-07-28725166793.7521
2026-07-29725166793.7522
2026-07-30725166793.7523
2026-07-311023906503.7117
2026-08-011023906503.7118
2026-08-021023906503.7119
2026-08-031023906503.7120
2026-08-041023906503.7121
2026-08-051023906503.7122
2026-08-061624756753.7014
2026-08-071624756753.7015
2026-08-081624756753.7016
2026-08-091624756753.7017
2026-08-101624756753.7018
2026-08-111624756753.7019
2026-08-121624756753.7020
2026-08-131624756753.7021
2026-08-141624756753.7022
2026-08-151624756753.7023
2026-08-161624756753.7024
2026-08-17626257173.6921
2026-08-18626257173.6922
2026-08-19626257173.6923
2026-08-20626257173.6924
2026-08-21626257173.6925
2026-08-22626257173.6926
2026-08-23626257173.6927
2026-08-24626257173.6928
2026-08-25626257173.6929
2026-08-26525666903.7432
2026-08-27525666903.7433
2026-08-28525666903.7434
2026-08-29525666903.7435
2026-08-30525666903.7436
2026-08-31525666903.7437

12-Month Market Dynamics & Trend Trajectory

Maddox Cabbagetown has established a lifetime leasing volume averaging $2,920 per month at $3.44 per square foot across an average suite size of 850 square feet, achieving a lifetime days on market average of 20 days. Tenant turnover remains steady across the 373-suite community as renters seek reliable access to the Downtown East submarket. Transactions at the building settled on average at asking price, reflecting balanced market conditions without widespread discounting or landlord pricing premiums. Landlords maintained price discipline as active and historical listings cleared close to initial expectations.

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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)
2026-08-23129208503.4420

Nearby Building Rental Comparables & Price Spreads

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

Maddox Cabbagetown competes within a dynamic Downtown East micro-market anchored by four direct residential comparables: The Century Art Deco Lofts located 0.15 kilometers away (built in 2000 with 2 active listings), in.DE located 0.21 kilometers away (built in 2021 with 32 active listings), Dundas Square Gardens located 0.31 kilometers away (built in 2020 with 113 active listings), and O2 Maisonettes on George located 0.32 kilometers away (built in 2017 with 9 active listings). These neighboring properties span distinct structural generations, contrasting older loft conversions with modern high-rise developments. Across this competitive set, overall benchmark metrics average $2,583 per month at $3.68 per square foot across an average suite size of 736 square feet. Maddox Cabbagetown occupies a competitive niche within this cluster, offering an average leased rent of $2,920 per month at $3.44 per square foot across an average footprint of 850 square feet. This positions the subject building with larger interior square footage compared to newer micro-condos in the vicinity, while offering a lower rate per square foot than most modern vertical developments.

365 Dundas St E, Toronto

Avg Asking$2,920/mo
Avg $/SF$3.87
Rent Spread:
+$354/mo (+13.8%) Higher
in.DE215 m

219 Dundas St E, Toronto

Avg Asking$2,371/mo
Avg $/SF$4.07
Rent Spread:
-$195/mo (-7.6%) Lower

251 Jarvis St, Toronto

Avg Asking$2,226/mo
Avg $/SF$4.29
Rent Spread:
-$340/mo (-13.2%) Lower

220 George St, Toronto

Avg Asking$3,016/mo
Avg $/SF$3.42
Rent Spread:
+$450/mo (+17.5%) Higher

181 Dundas St E, Toronto

Avg Asking$2,284/mo
Avg $/SF$4.07
Rent Spread:
-$282/mo (-11.0%) Lower

282 Parliament Street, Toronto

Avg Asking$2,550/mo
Avg $/SF$5.15
Rent Spread:
-$16/mo (-0.6%) Lower

Comparable Analysis & Questions

How do rental rates at Maddox Cabbagetown compare to neighbouring buildings within Downtown East?

Maddox Cabbagetown achieves an average lease rent of $2,920 per month, trading competitively against the overall micro-market comp average of $2,583 per month across benchmarks including The Century Art Deco Lofts, in.DE, Dundas Square Gardens, and O2 Maisonettes on George. The Century Art Deco Lofts located at 365 Dundas St E reports an average lease rent of $3,015 per month at $3.65 per square foot across 825 square feet. in.DE located at 219 Dundas St E records an average lease rent of $2,331 per month at $4.05 per square foot across 583 square feet. Dundas Square Gardens located at 251 Jarvis St posts an average lease rent of $2,166 per month at $4.28 per square foot across 511 square feet. Finally, O2 Maisonettes on George located at 220 George St logs an average lease rent of $2,821 per month at $2.75 per square foot across 1,023 square feet.

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

Maddox Cabbagetown defines its value proposition by offering an average leased rate of $3.44 per square foot across an 850-square-foot footprint, undercutting the submarket average asking rate of $4.36 per square foot while providing more expansive layouts than nearby high-rise competitors. Renters at Maddox Cabbagetown trade the ultra-compact floor plates found in newer developments—such as Dundas Square Gardens' 511-square-foot average at $4.28 per square foot and in.DE's 583-square-foot average at $4.05 per square foot—for significantly more generous interior square footage at a more favorable rate per square foot. While O2 Maisonettes on George offers larger 1,023-square-foot layouts at a lower rate of $2.75 per square foot, Maddox Cabbagetown bridges the gap by pairing larger-than-average square footage with professionally managed institutional property standards.

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

Maddox Cabbagetown delivers an extensive, lifestyle-oriented amenity program that compares favorably against surrounding developments in the Downtown East submarket. Residents enjoy signature features including a dedicated Business Centre, a fully equipped Gym & Fitness Centre, a specialized Yoga Studio, a practical Pet Wash Station, and an inviting Party & Lounge Room. When contrasted with nearby competitors, Maddox Cabbagetown matches or exceeds standard offerings: while The Century Art Deco Lofts features a Rooftop Terrace and Media Room, and in.DE includes a Yoga Studio and Rooftop Terrace, Maddox Cabbagetown incorporates daily-convenience spaces like an On-Site Convenience Store, an Indoor Kids' Play Room, and a Hobby Room. This robust amenity suite makes Maddox Cabbagetown particularly attractive to remote professionals, pet owners, and households seeking comprehensive on-site conveniences without leaving the building.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Maddox Cabbagetown.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • Gym & Fitness Centre
  • Yoga Studio
  • Games & Billiards Room
  • Party & Lounge Room
  • Pet Wash Station
  • Hobby Room
  • Dining Room & Kitchen
  • Kids' Play Room - Indoor
  • Business Centre
  • On-Site Convenience Store
  • Common Area Wi-Fi

Data Methodology & Analytical Standards

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

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.