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Market Data as of August 31, 2026

The Bread Company — Rental Market Data

195 McCaul St, Toronto, Ontario M5T 0E5
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
Studio
1
$2,200

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites309
DeveloperLamb Development Corp.

The Bread Company at 195 McCaul Street in Toronto's Downtown West neighborhood is a 309-suite residential building developed by Lamb Development Corp. and completed in 2024. As of August 31, 2026, a single unit remains available, representing a 0.3 percent availability rate. Leasing activity over the past 30 days produced two closed leases at an average of $3,050 per month with a five-day average time on market, while the broader 90-day window recorded 14 leases averaging $2,925 per month and a ten-day average DOM.

The one active listing asks $2,200 per month for a 400-square-foot studio, translating to $5.50 per square foot. That rate sits 14.3 percent above the Downtown West submarket asking benchmark of $4.81 per square foot, even though the nominal monthly figure is well below the submarket average asking rent of $3,080. The lower dollar outlay is entirely a function of the compact studio footprint rather than a discount in unit pricing. Historical 90-day leases averaged $2,925 per month at $4.64 per square foot across larger suites, confirming that the building's realized rents track premium per-square-foot economics.

Marketing friction is minimal: zero units were delisted in the tracked period, and the two 30-day leases closed with an average premium of $5 per month above asking, a 0.27 percent landlord-favorable negotiation outcome. With only one studio currently on the market and no other bedroom tiers represented in active inventory, prospective renters face single-unit scarcity across every layout category. The absence of delisted or expired listings suggests that units are converting to leases before any meaningful time-on-market penalty accumulates.

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Active Rental Inventory & Asking Rates

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

Active Units1
0
Avg Asking Rent$2,200
-$2,300 (51.1%)
Avg Suite Size400 sf
-500 sf (55.6%)
Avg Days on Market8d
-30d (78.9%)
Avg Asking $/SF$5.50
+$0.50 (10.0%)

Active Market Insights & Questions

How has rental availability changed at The Bread Company recently?

The Bread Company holds one active listing as of August 31, 2026, with a single asking rent of $2,200 per month serving as both the average and median. The available studio spans 400 square feet at $5.50 per square foot, and it constitutes 100 percent of current inventory. With no one-bedroom, two-bedroom, or larger units on the market, active availability is concentrated entirely in a compact entry-level studio rather than multi-bedroom executive layouts.

What floor plans and unit layouts are currently available at The Bread Company?

The sole active layout at The Bread Company is a studio, representing 100 percent of the one available unit. That single listing asks $2,200 per month for 400 square feet at $5.50 per square foot. No one-bedroom, two-bedroom, or three-bedroom units are currently on the market, leaving renters with a single-tier option in this building.

What is the average asking rent and $/SF by suite size at The Bread Company?

The Bread Company's active availability is concentrated in a single price point of $2,200 per month, producing a zero-dollar and zero-percent spread between the minimum and maximum asking rents. The entry-level and peak suite are the same unit: a 400-square-foot studio priced at $5.50 per square foot. With only one listing on the market, there is no internal price gradient for renters to navigate.

How much extra do parking spaces and dens cost at The Bread Company?

The Bread Company's active den premium and associated square-footage delta are unquantified due to insufficient paired listings in the current sample. Marginal cost per square foot for additional den space therefore cannot be calculated from available data. Parking stall premiums also cannot be reliably isolated from current listings, as the paired sample is too small or contains anomalous outliers to support a defensible figure.

How do asking rents at The Bread Company compare to local and municipal benchmarks?

The Bread Company's active asking rent of $2,200 per month sits below the Downtown West submarket average of $3,080, yet its $5.50 per square foot rate exceeds the submarket benchmark of $4.81 by 14.3 percent. The lower nominal monthly figure is driven entirely by the compact 400-square-foot studio footprint rather than a cheaper per-unit price. The building's single listing represents one out of 170 active listings across the Downtown West submarket, a 0.6 percent share of total available 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 The Bread Company (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$3,050
Avg Leased Size665 sf
Avg Days to Lease5d
Leased $/SF$4.43

Leased Transaction Insights & Questions

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

The Bread Company at 195 McCaul St closed leases in 5 days on average over the trailing 30 days, compared to a 10-day average over 90 days and a lifetime average of 13 days, all well below the Downtown West submarket benchmark of 20 days. Leasing velocity accelerated sharply through the summer: two leases closed in the last 30 days, 14 in the prior 90 days, and 19 over the full trailing year. The building's 30-day DOM of 5 days signals that units are moving roughly four times faster than the submarket norm, indicating strong tenant demand against a thin active inventory of just one listing.

What is the negotiation spread between asking rents and closed lease prices at The Bread Company?

The Bread Company at 195 McCaul St closed leases at an average premium of $5 per month (0.27% above asking), generating approximately $60 in additional annual rental revenue per unit for landlords. This landlord-favorable outcome means tenants paid at or slightly above the listed rate rather than negotiating a discount. The net negotiation spread of +$5/month confirms that asking prices at this building are set at or near market-clearing levels, giving landlords modest pricing leverage without triggering pushback on price from prospective tenants.

What are typical executed lease prices across different layouts at The Bread Company?

The Bread Company's two highest-volume anchor layouts are the 1-Bedroom and 1-Bedroom + Den, each accounting for 26.3% of closed leases. The 1-Bedroom tier (5 closed leases, a statistically robust benchmark) averaged $2,200 per month at 463 square feet, or $4.83 per square foot, with a 16-day average DOM. The 1-Bedroom + Den tier (5 closed leases, a statistically robust benchmark) averaged $2,510 per month at 570 square feet, or $4.40 per square foot, with an 8-day average DOM. The 2-Bedroom tier (3 closed leases, a limited sample and directional indicator only) averaged $3,450 per month at 839 square feet, or $4.12 per square foot, with a 10-day DOM. The 3-Bedroom+ tier (3 closed leases, a limited sample and directional indicator only) averaged $4,333 per month at 950 square feet, or $4.57 per square foot, with a 20-day DOM. The Studio tier (2 closed leases, a limited sample and directional indicator only) averaged $1,975 per month at 400 square feet, or $4.94 per square foot, with an 8-day DOM. The 2-Bedroom + Den tier represents an individual single transaction (1 closed lease) at $5,500 per month for 1,300 square feet, or $4.23 per square foot, with a 15-day DOM; this is not a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at The Bread Company?

The Bread Company at 195 McCaul St does not have a reliably isolable parking premium, as paired lease data linking specific suites to parking assignments is insufficient to calculate a defensible monthly figure. Active listings also show unreliable parking pricing due to anomalous outliers or an insufficient paired sample, so no concrete parking fee can be quoted. Tenants and landlords at this building should treat parking costs as a separate negotiation item rather than relying on a bundled premium embedded in the suite rent.

How does the lease-to-listing ratio at The Bread Company reflect current tenant demand?

The Bread Company at 195 McCaul St shows a volatile but broadly stable rent trajectory across the April-to-August 2026 tracking window, with average rents oscillating between $2,625 and $3,283 per month. April saw 3 closed leases averaging $3,283 per month at $4.43 per square foot with a 14-day DOM. May closed 2 leases at an average of $2,775 per month, $3.99 per square foot, and a 30-day DOM. June was the strongest volume month with 6 closed leases averaging $3,183 per month at $4.38 per square foot and a 13-day DOM. July also closed 6 leases but at a lower average of $2,625 per month, $4.98 per square foot, and a 10-day DOM. August closed 2 leases at $3,050 per month, $4.43 per square foot, and a 5-day DOM, the fastest absorption in the tracked period.

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)
2026-04-27433387884.309
2026-04-28433387884.3010
2026-04-29228257004.0512
2026-04-30228257004.0513
2026-05-01228257004.0514
2026-05-02228257004.0515
2026-05-03228257004.0516
2026-05-04228257004.0517
2026-05-05228257004.0518
2026-05-06228257004.0519
2026-05-07122505504.0922
2026-05-08122505504.0923
2026-05-09122505504.0924
2026-05-10122505504.0925
2026-05-11122505504.0926
2026-05-12122505504.0927
2026-05-13122505504.0928
2026-05-14122505504.0929
2026-05-15122505504.0930
2026-05-16122505504.0931
2026-05-17122505504.0932
2026-05-18122505504.0933
2026-05-19122505504.0934
2026-05-20122505504.0935
2026-05-21122505504.0936
2026-05-22122505504.0937
2026-05-23122505504.0938
2026-05-24122505504.0939
2026-05-25122505504.0940
2026-05-26122505504.0941
2026-05-27231757504.2021
2026-05-28231757504.201
2026-05-29331177174.341
2026-05-30331177174.342
2026-05-31331177174.343
2026-06-01331177174.344
2026-06-02331177174.345
2026-06-03331177174.346
2026-06-04428136384.445
2026-06-05323835334.495
2026-06-06323835334.496
2026-06-07224505254.686
2026-06-08224505254.687
2026-06-09224505254.688
2026-06-10224505254.689
2026-06-11434757384.725
2026-06-12434757384.726
2026-06-13434757384.727
2026-06-14434757384.728
2026-06-15434757384.729
2026-06-16340008504.719
2026-06-17340008504.7110
2026-06-18438138464.509
2026-06-19438138464.5010
2026-06-20340839114.477
2026-06-21340839114.478
2026-06-22340839114.479
2026-06-23340839114.4710
2026-06-24238758674.4510
2026-06-25238758674.4511
2026-06-26238758674.4512
2026-06-27238758674.4513
2026-06-28145009005.0017
2026-06-29145009005.0018
2026-06-30145009005.0019
2026-07-01145009005.0020
2026-07-02145009005.0021
2026-07-03145009005.0022
2026-07-04145009005.0023
2026-07-05145009005.0024
2026-07-06145009005.0025
2026-07-07233506505.2513
2026-07-08428255635.097
2026-07-09428255635.098
2026-07-10526505305.057
2026-07-11427255255.2510
2026-07-12329005675.1713
2026-07-13329005675.1714
2026-07-14145009005.0033
2026-07-15145009005.0034
2026-07-16145009005.0035
2026-07-17145009005.0036
2026-07-18145009005.0037
2026-07-19145009005.0038
2026-08-05136008334.32N/A
2026-08-06136008334.321
2026-08-20124005504.36N/A
2026-08-21124005504.361
2026-08-22124005504.362
2026-08-23223004754.932
2026-08-24223004754.933
2026-08-25223004754.934
2026-08-26223004754.935
2026-08-27122004005.504
2026-08-28122004005.505
2026-08-29122004005.506
2026-08-30122004005.507
2026-08-31122004005.508

12-Month Market Dynamics & Trend Trajectory

The Bread Company at 195 McCaul St has closed 19 leases since its November 2024 registration, averaging $2,966 per month at $4.54 per square foot across an average suite size of 665 square feet. The lifetime average DOM of 13 days sits comfortably below the Downtown West submarket benchmark of 20 days, and the building's 309 total suites indicate a large-scale Lamb Development Corp. project that entered the market in 2024. Tenant turnover has been steady, with 14 of the 19 leases closing within the trailing 90 days, suggesting the building is still working through its initial absorption phase rather than experiencing a mature, low-turnover occupancy pattern. Pricing discipline at The Bread Company skews landlord-favorable: leases closed at an average premium of $5 per month (0.27% above asking), translating to roughly $60 per year in additional rental revenue per unit. The net negotiation spread of +$5/month indicates that asking prices are set close to market-clearing levels, and tenants have not extracted meaningful discounts. This modest premium, while small in absolute terms, confirms that landlords at this building retain slight pricing leverage without triggering the kind of pushback on price that would signal overpricing or a softening demand environment.

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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)
2026-05-03133008503.8817
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-24122505504.0943
2026-05-31140009504.219
2026-06-07122505504.0910
2026-06-14224505254.6817
2026-06-211450010004.5013
2026-06-28134508334.1410
2026-07-05224005504.362
2026-07-12321504005.385
2026-07-19145009005.0039
2026-07-260N/AN/AN/AN/A
2026-08-02136008334.322
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23125005504.557

Nearby Building Rental Comparables & Price Spreads

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

The Bread Company at 195 McCaul Street sits in a tight competitive cluster dominated by the three One Park Lane towers—One Park Lane I at 280 Simcoe Street (0.24 km, completed 1981), One Park Lane II at 195 St Patrick Street (0.23 km, completed 1982), and One Park Lane III at 211 St Patrick Street (0.2 km, completed 1982)—alongside the newer Artistry at 280 Dundas Street West (0.25 km, completed 2025). Over the trailing 180 days, closed lease volume across this set reveals a clear demand split: Artistry recorded 49 closed leases, One Park Lane I logged 7, One Park Lane II closed 4, and One Park Lane III saw just 2 transactions. The Bread Company, completed in 2024 by Lamb Development Corp., occupies a structural generation between the 1980s-era Park Lane towers and the 2025 Artistry, giving it a modern build quality without the ultra-compact footprint that defines Artistry's product mix. Across the four comparables, the overall benchmark averages $3,626 in monthly rent, $3.51 per square foot, and 1,120 square feet of suite space. The Bread Company's realized lease average of $2,966 per month and 665 square feet positions it well below the comp average on both rent and scale, yet its $4.54 per square foot rate runs above the blended comp figure of $3.51. Against the three One Park Lane towers, the subject trades at a meaningful premium per square foot—ranging from 43.7% above One Park Lane III to 62.1% above One Park Lane II—while offering 585 to 733 fewer interior square feet than each of those buildings. Against Artistry, the subject actually delivers 90 more square feet at a $0.46 per square foot discount, making it the larger, more value-oriented option in this immediate micro-market for tenants seeking a one-bedroom footprint.

211 St Patrick Street, Toronto

Avg Asking$3,967/mo
Avg $/SF$3.13
Rent Spread:
+$1,767/mo (+80.3%) Higher

195 St Patrick St, Toronto

Avg Asking$3,560/mo
Avg $/SF$2.95
Rent Spread:
+$1,360/mo (+61.8%) Higher

280 Simcoe St, Toronto

Avg Asking$4,286/mo
Avg $/SF$3.06
Rent Spread:
+$2,086/mo (+94.8%) Higher

280 Dundas St W, Toronto

Avg Asking$2,806/mo
Avg $/SF$5.08
Rent Spread:
+$606/mo (+27.6%) Higher

150 Beverley St, Toronto

Avg Asking$2,500/mo
Avg $/SF$3.33
Rent Spread:
+$300/mo (+13.6%) Higher

488 University Ave, Toronto

Avg Asking$3,849/mo
Avg $/SF$4.65
Rent Spread:
+$1,649/mo (+74.9%) Higher

Comparable Analysis & Questions

How do rental rates at The Bread Company compare to neighbouring buildings within Downtown West?

The Bread Company's average closed lease rent of $2,966 per month sits $660 below the four-comp average of $3,626, driven largely by the premium pricing at the One Park Lane towers. One Park Lane I at 280 Simcoe Street (0.24 km) closed leases averaging $4,286 per month at $3.06 per square foot across 1,398 square feet of space, representing a $1,320 premium over the subject. One Park Lane II at 195 St Patrick Street (0.23 km) recorded an average lease of $3,475 per month at $2.80 per square foot over 1,250 square feet, a $509 spread above the subject. One Park Lane III at 211 St Patrick Street (0.2 km) leased at $3,950 per month, $3.16 per square foot, and 1,255 square feet on average, a $984 premium. Artistry at 280 Dundas Street West (0.25 km) closed leases at $2,794 per month, $5.00 per square foot, and 575 square feet—$172 below the subject's average rent but at a notably smaller suite size.

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

The Bread Company leases at $4.54 per square foot across an average 665-square-foot suite, positioning it as a mid-range value play in the Downtown West submarket where the benchmark sits at $4.55 per square foot. Against the three One Park Lane towers, tenants accept 585 to 733 fewer square feet of interior space in exchange for a modern 2024 build, while the subject still commands a per-square-foot premium of $1.38 to $1.74 over those older buildings. The sharpest value contrast comes with Artistry at 280 Dundas Street West: the subject offers 90 more square feet than Artistry's 575-square-foot average at a rate $0.46 per square foot lower, meaning a tenant gains meaningful extra living area while paying less per unit of space. For renters prioritizing square footage per dollar in a one-bedroom format, the Bread Company delivers the strongest value equation in this immediate cluster.

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

The Bread Company's amenity suite leans toward wellness, productivity, and social programming, differentiating it from both the recreation-heavy One Park Lane towers and the family-oriented Artistry. Where all three One Park Lane buildings offer indoor pools, hot tubs, saunas, and squash or racquetball courts—none of which appear at the subject—the Bread Company counters with a dedicated yoga studio, a business centre, a media and theatre room, and a full dining room and kitchen that no One Park Lane tower provides. Against Artistry, which features a kids' play room, an art studio, and a daycare facility, the subject distinguishes itself with its yoga studio, business centre, and media and theatre room—amenities absent from Artistry's offering. This lifestyle package best serves young professionals and small households in their late twenties to mid-thirties who value a fitness-and-wellness routine, on-site work flexibility, and social spaces for entertaining, without needing the family-oriented or heavy-recreation amenities found at neighbouring properties.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Bread Company.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard

Data Methodology & Analytical Standards

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

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.