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Market Data as of August 31, 2026

Centre — Rental Market Data

2 Anndale Dr/5 Sheppard Ave E, North York, Ontario M2N 0G5
Quick Rent Estimate
Active Suites6 Available
Type
Units
Avg Rent
1-Bedroom
4
$2,448
2-Bedroom
1
$3,300
2-Bedroom + Den
1
$3,500

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2014
Total Suites684
DeveloperTridel & Hullmark

Centre, located at 2 Anndale Dr/5 Sheppard Ave E in the North York City Centre neighborhood, is a 684-suite residential tower completed in 2014 by Tridel & Hullmark. The property currently registers 6 active listings out of its total inventory, reflecting an availability rate of 0.9%. Over the past 90 days, the building recorded 17 closed leases with an average marketing time of 18 days, matching the 30-day closed count of 6 leases and an average marketing time of 18 days.

Active asking rents at the building average $2,765 per month at $4.14 per square foot, tracking above the realized 90-day lease average of $2,799 per month at $3.90 per square foot due to current inventory skewing heavily toward compact one-bedroom floor plans. Active asking rates outpace the broader North York City Centre submarket asking benchmark of $2,753 per month by a nominal margin, while delivering a notably higher asking rate per square foot compared to the submarket asking average of $3.84 per square foot.

Leasing friction remains minimal with closed days on the market matching delisted timelines at parity, and 55.0% of recent leases securing an average discount of $44 per month off asking price (a 1.46% discount). Prospective tenants face deep inventory selection within the 1-Bedroom tier representing 66.7% of available units, whereas multi-bedroom options are strictly constrained with single-listing availability.

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Active Rental Inventory & Asking Rates

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

Active Units6
+3 (100.0%)
Avg Asking Rent$2,765
+$232 (9.1%)
Avg Suite Size678 sf
-72 sf (9.6%)
Avg Days on Market12d
-10d (43.8%)
Avg Asking $/SF$4.14
+$0.77 (22.7%)

Active Market Insights & Questions

How has rental availability changed at Centre recently?

Centre features 6 active listings as of August 31, 2026, with asking rents spanning a price range of $2,290 to $3,500 per month, an average rent of $2,765 per month, and a median rent of $2,575 per month. The active inventory averages 678 square feet with an asking rate of $4.14 per square foot, dominated by a 66.7% share of one-bedroom suites. Current active listings heavily lean toward compact entry-level floor plans rather than multi-bedroom executive layouts.

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

The 1-Bedroom layout stands as the dominant active layout at Centre, accounting for 4 active listings and a 66.7% inventory share. This tier features an average rent of $2,448 per month, a median rent of $2,425 per month, an average asking rate of $4.32 per square foot, and an average size of 568 square feet across its small selection. Larger options include a single 2-Bedroom unit listed at $3,300 per month across 850 square feet at $3.88 per square foot, alongside a single 2-Bedroom + Den unit asking $3,500 per month across 950 square feet at $3.68 per square foot.

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

Centre displays a minimum entry rent of $2,290 per month and a peak asking rent of $3,500 per month, creating a dollar spread of $1,210 and a percentage spread of 52.8%. The median asking rent sits at $2,575 per month. The entry-level suite consists of a 1-Bedroom layout spanning 550 square feet priced at $4.16 per square foot, while the peak suite comprises a 2-Bedroom + Den layout spanning 950 square feet priced at $3.68 per square foot.

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

Centre currently shows unquantified active den premiums with a null den square footage delta. Active parking stalls carry a verified premium of $255 per month.

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

Centre asks an average of $2,765 per month at $4.14 per square foot, comparing to broader North York City Centre submarket benchmarks of $2,753 per month and $3.84 per square foot. The lower nominal asking rent relative to suite size is driven by more compact suite footprints rather than cheaper unit pricing. The building's asking rate per square foot tracks 7.8% above the submarket asking benchmark while representing a nominal share of the submarket's 216 active listings.

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 Centre (Data period: For the month of August 2026).

Units Leased6
Avg Leased Price$2,888
Avg Leased Size741 sf
Avg Days to Lease18d
Leased $/SF$3.80

Leased Transaction Insights & Questions

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

At Centre, 30-day leasing velocity registered 6 closed transactions with an average days on market of 18 days, matching the 90-day pace of 17 closed leases and an 18-day average marketing timeline, while running well ahead of the broader North York City Centre submarket benchmark days on market of 25 days. Leasing turnover accelerated notably during the summer months compared to early spring.

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

At Centre, tenants secured an average discount of $44 per month off asking price, representing a 1.46% reduction below asking and delivering $528 in annual tenant savings. Exactly 55.0% of leases closed under asking price, reflecting persistent tenant leverage and landlord concessions in the local leasing pool.

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

Centre recorded its highest leasing volume across 2-Bedroom and 1-Bedroom layouts, with 2-Bedroom units averaging $3,147 per month across 20 days on market and 1-Bedroom units averaging $2,400 per month across 11 days on market. The 2-Bedroom configuration (11 closed leases, median $3,100 per month, P25-P75 range $3,088 to $3,200 per month, average size 859 square feet, $3.66 per square foot, 20 days on market) serves as a statistically robust benchmark. The 1-Bedroom tier (5 closed leases, median $2,400 per month, P25-P75 range $2,400 to $2,400 per month, average size 550 square feet, $4.36 per square foot, 11 days on market) represents a statistically robust benchmark. The 1-Bedroom + Den tier (4 closed leases, median $2,425 per month, P25-P75 range $2,325 to $2,500 per month, average size 656 square feet, $3.66 per square foot, 23 days on market) serves as a directional reference only due to a limited sample size.

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

At Centre, realized parking premiums averaged a verified $200 per month for included vehicle stalls. Parking stalls are routinely bundled into larger multi-bedroom configurations or negotiated into the base lease rate, trading below active asking parking rates of $255 per month.

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

At Centre, monthly average rents followed a steady upward trajectory from early spring through the summer peak, opening in April at $2,620 per month ($3.43 per square foot, 21 days on market across 2 deals), jumping to $3,400 per month ($3.58 per square foot, 20 days on market across 1 deal) in May, moderating to $2,590 per month ($4.03 per square foot, 20 days on market across 5 deals) in June, and stabilizing through July at $2,883 per month ($3.90 per square foot, 18 days on market across 6 deals) and August at $2,888 per month ($3.80 per square foot, 18 days on market across 6 deals).

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)
2026-05-02134009503.58N/A
2026-05-03229257504.021
2026-05-04229257504.022
2026-05-05229257504.023
2026-05-06229257504.024
2026-05-07229257504.025
2026-05-08229257504.026
2026-05-09229257504.027
2026-05-10229257504.028
2026-05-11327676834.166
2026-05-12327676834.167
2026-05-13327676834.168
2026-05-14327676834.169
2026-05-15427006754.087
2026-05-16427006754.088
2026-05-17427006754.089
2026-05-18427006754.0810
2026-05-19427006754.0811
2026-05-20427006754.0812
2026-05-21427006754.0813
2026-05-22324675834.2512
2026-05-23324675834.2513
2026-05-24324675834.2514
2026-05-25324675834.2515
2026-05-26424505754.2812
2026-05-27424505754.2813
2026-05-28424505754.2814
2026-05-29424505754.2815
2026-05-30424505754.2816
2026-05-31424505754.2817
2026-06-01524605904.1915
2026-06-02625836334.1213
2026-06-03526106504.0612
2026-06-04426386504.1116
2026-06-05327176834.0219
2026-06-06327176834.0220
2026-06-07327176834.0221
2026-06-08327176834.0222
2026-06-09327176834.0223
2026-06-10327176834.0224
2026-06-11327176834.0225
2026-06-12327176834.0226
2026-06-13428137253.9320
2026-06-14428137253.9321
2026-06-15428137253.9322
2026-06-16428137253.9323
2026-06-17428137253.9324
2026-06-18329177503.9622
2026-06-19329177503.9623
2026-06-20329177503.9624
2026-06-21329177503.9625
2026-06-22329177503.9626
2026-06-23329177503.9627
2026-06-24329177503.9628
2026-06-25429887753.9122
2026-06-26429887753.9123
2026-06-27528707304.0019
2026-06-28528707304.0020
2026-06-29629257503.9618
2026-06-30627927004.0614
2026-07-01627927004.0615
2026-07-02627927004.0616
2026-07-03728797214.0515
2026-07-04828317134.0314
2026-07-05828317134.0315
2026-07-06728937363.9817
2026-07-07728937363.9818
2026-07-08529307503.9422
2026-07-09529307503.9423
2026-07-10630087673.9520
2026-07-11630087673.9521
2026-07-12630087673.9522
2026-07-13630087673.9523
2026-07-14630087673.9524
2026-07-15529707503.9927
2026-07-16529707503.9928
2026-07-17529707503.9929
2026-07-18529707503.9930
2026-07-19529707503.9931
2026-07-20529707503.9932
2026-07-21627587503.7027
2026-07-22627587503.7028
2026-07-23526907303.7127
2026-07-24526907303.7128
2026-07-25526907303.7129
2026-07-26526907303.7130
2026-07-27526907303.7131
2026-07-28526907303.7132
2026-07-29425137003.6437
2026-07-30425137003.6438
2026-07-31325337503.3722
2026-08-01325337503.3723
2026-08-02325677833.2714
2026-08-03325677833.2715
2026-08-04325677833.2716
2026-08-05528208103.4710
2026-08-06628678173.509
2026-08-07529408503.435
2026-08-08529408503.436
2026-08-09529408503.437
2026-08-10529408503.438
2026-08-11529408503.439
2026-08-12529408503.4310
2026-08-13529408503.4311
2026-08-14529408503.4312
2026-08-15529408503.4313
2026-08-16529408503.4314
2026-08-17429008503.3717
2026-08-18333008833.7414
2026-08-19430758003.8911
2026-08-20430758003.8912
2026-08-21530908103.8611
2026-08-22530908103.8612
2026-08-23629927673.9711
2026-08-24629927673.9712
2026-08-25528106984.0910
2026-08-26429137354.0312
2026-08-27527886984.0511
2026-08-28527886984.0512
2026-08-29527886984.0513
2026-08-30527886984.0514
2026-08-31627656784.1412

12-Month Market Dynamics & Trend Trajectory

Centre has established a consistent leasing track record across its 684 suites, logging 20 total lifetime transactions with an average monthly rent of $2,811 per month, a rate of $3.84 per square foot, an average suite size of 741 square feet, and an average marketing time of 19 days. Tenant turnover remains steady as modern high-rise demand in the North York City Centre submarket absorbs available inventory efficiently. Pricing discipline at the property favors tenants through modest pricing flexibility. With transactions distributed across asking price thresholds, the building recorded an average discount of $44 per month off asking price or 1.46% below asking, delivering $528 in annualized tenant savings and reflecting typical landlord concessions.

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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
Max 2 selected
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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)
2026-05-17134009503.5820
2026-05-240N/AN/AN/AN/A
2026-05-31324505834.2212
2026-06-070N/AN/AN/AN/A
2026-06-14125006503.8534
2026-06-210N/AN/AN/AN/A
2026-06-28131008503.6528
2026-07-05326176504.0910
2026-07-12132008503.7616
2026-07-19130508503.5940
2026-07-26132008503.7619
2026-08-02228257503.7532
2026-08-090N/AN/AN/AN/A
2026-08-16131008503.6511
2026-08-23328587503.8810

Nearby Building Rental Comparables & Price Spreads

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

Centre, located at 2 Anndale Dr/5 Sheppard Ave E, anchors the North York City Centre micro-market with 684 suites completed in 2014, operating alongside four direct competitors positioned within 0.08 kilometers: Spring at Gardens (23 Sheppard Ave E; 0.03 km away; built in 2010; 13 active listings), Cosmo II (31 Bales Ave; 0.06 km away; built in 2006; 11 active listings), Cosmo I (35 Bales Ave; 0.06 km away; built in 2006; 11 active listings), and Savvy Condominiums (17 Anndale Dr; 0.08 km away; built in 2013; 20 active listings). These properties illustrate a cohesive structural generation of mid-2000s to mid-2010s high-rise construction, blending older high-rise footprints with larger post-2010 master-planned towers. The competitive set yields an overall average rent of $2,548 per month, an average rate of $3.79 per square foot, and an average suite size of 684 square feet. Positioned within this local baseline, Centre captures a competitive scale with its 684-unit footprint, aligning closely with submarket pricing dynamics while offering mid-lifecycle construction value that bridges the gap between older 2006 inventory and newer developments.

23 Sheppard Ave E, North York

Avg Asking$2,596/mo
Avg $/SF$3.95
Rent Spread:
-$169/mo (-6.1%) Lower

31 Bales Ave, North York

Avg Asking$2,497/mo
Avg $/SF$3.77
Rent Spread:
-$268/mo (-9.7%) Lower

35 Bales Ave, North York

Avg Asking$2,367/mo
Avg $/SF$3.88
Rent Spread:
-$398/mo (-14.4%) Lower

17 Anndale Dr, North York

Avg Asking$3,060/mo
Avg $/SF$3.60
Rent Spread:
+$295/mo (+10.7%) Higher

33 Sheppard Ave E, North York

Avg Asking$2,510/mo
Avg $/SF$3.96
Rent Spread:
-$255/mo (-9.2%) Lower

28 Avondale Ave, North York

Avg Asking$2,525/mo
Avg $/SF$3.90
Rent Spread:
-$240/mo (-8.7%) Lower

Comparable Analysis & Questions

How do rental rates at Centre compare to neighbouring buildings within North York City Centre?

Centre commands an average lease rent of $2,811 per month, tracking above the overall competitor average of $2,548 per month across key local benchmarks including Spring at Gardens, Cosmo II, Cosmo I, and Savvy Condominiums. Spring at Gardens (23 Sheppard Ave E) reports an average lease rent of $2,542 per month at $3.99 per square foot across an average of 648 square feet. Cosmo II (31 Bales Ave) records an average lease rent of $2,511 per month at $3.70 per square foot across 691 square feet. Cosmo I (35 Bales Ave) averages $2,179 per month at $3.87 per square foot across a compact 563 square feet. Savvy Condominiums (17 Anndale Dr) achieves an average lease rent of $2,961 per month at $3.58 per square foot across an expansive 833 square feet.

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

Centre delivers a competitive value proposition in North York City Centre, trading at an average lease rate of $3.84 per square foot across an average suite size of 741 square feet against a broader submarket benchmark of $3.75 per square foot. Renters at Centre trade off slightly higher overall monthly expenditures for modern 2014 construction efficiencies, newer finish standards, and larger average footprints than older 2006 alternatives like Cosmo I, which averages 563 square feet at $3.87 per square foot. While peers like Spring at Gardens ask a higher rate of $3.99 per square foot across smaller 648-square-foot layouts, Centre provides more interior square footage per lease, balancing absolute rental cost against improved spatial utility.

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

Centre delivers an extensive lifestyle and amenity package that matches or exceeds competing properties in the immediate North York City Centre node, serving professionals, couples, and downsizers seeking comprehensive building infrastructure. Signature amenities at Centre include a 24/7 concierge and security service, a fully equipped gym and fitness centre, an indoor-outdoor pool connection featuring an outdoor pool and hot tub, a dedicated yoga studio, and a rooftop terrace with landscaped garden courtyards. When compared to Spring at Gardens, which offers a similar pool and fitness suite, Centre expands its wellness footprint with dedicated yoga and green outdoor spaces. Against Cosmo II and Cosmo I, both built in 2006 with standard fitness rooms and indoor pools, Centre introduces modern conveniences such as refrigerated grocery delivery storage and an integrated media room. Savvy Condominiums provides a standard business centre and party room setup, whereas Centre elevates resident hosting options with a formal dining room and kitchen, alongside extensive media and games facilities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Centre.

Building Amenities

  • Concierge & Security
  • EV Charging Station
  • Gym & Fitness Centre
  • Yoga Studio
  • Outdoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Refrigerated grocery delivery storage

Data Methodology & Analytical Standards

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

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.