Carmelina — Rental Market Data

Carmelina at 2055 Danforth Ave carries exactly one active listing as of August 31, 2026, asking $2,350 per month with both the average and median rent set at that single figure. The available suite spans 550 square feet at an asking rate of $4.27 per square foot, and the 100 percent layout share is a 1-Bedroom unit. With only one unit on the market, inventory leans entirely toward a compact entry-level one-bedroom rather than offering any multi-bedroom or den executive options.

The sole active layout at Carmelina is a 1-Bedroom, representing 100 percent of available inventory with a single listing. That one unit asks $2,350 per month on 550 square feet, yielding a rate of $4.27 per square foot. No two-bedroom, three-bedroom, or den configurations are currently listed, leaving renters with a single-unit option in the one-bedroom tier and zero availability in any larger format.

Carmelina's active pricing spread is effectively zero, with both the minimum and peak asking rent set at $2,350 per month across a single listing, producing a dollar spread of $0 and a percentage spread of 0 percent. The entry-level and peak suite are the same unit: a 1-Bedroom at 550 square feet and $4.27 per square foot. With only one active listing, there is no internal price gradient to navigate, and the median asking rent of $2,350 simply reflects that lone transaction.

Carmelina's active den premium and associated square-footage delta cannot be quantified, as no den configurations are currently listed among active inventory. Marginal cost per square foot for additional den space therefore cannot be calculated from the available data. Parking stall costs at the building also cannot be reliably isolated from the current sample, and no verified monthly parking premium should be assumed when budgeting for this unit.

Carmelina's active asking rent of $2,350 per month sits below the Toronto East submarket average asking rent of $2,611, while its asking rate of $4.27 per square foot runs 7.3 percent above the submarket benchmark of $3.98 per square foot. The lower nominal rent is explained by suite size: the active unit at 550 square feet is 106 square feet smaller than the submarket implied average of 656 square feet, so the per-square-foot premium reflects a more compact footprint rather than a luxury positioning. Carmelina's single listing represents 1 out of 74 available units across the Toronto East submarket, a share of roughly 1.4 percent of total active inventory.

Carmelina's average realized lease rent of $2,400 per month sits $12 above the overall comp benchmark of $2,388, with the spread driven by suite size rather than rate. Canvas Condos at 2301 Danforth Ave (0.52 km, 9 closed leases) averaged $2,322 per month at $3.95 per square foot across 589 square feet, meaning the subject commands a $78-per-month higher rent but delivers 61 additional square feet of interior space. Danny Danforth at 2369 Danforth Ave (0.61 km, 11 closed leases) averaged $2,366 per month at $3.96 per square foot over 605 square feet, placing the subject $34 higher on nominal rent while providing 45 more square feet. Linx Condominiums at 286 Main St (0.96 km, 33 closed leases) averaged $2,477 per month at $3.56 per square foot across 705 square feet, so the subject trades at a $77-per-month lower rent but offers 55 fewer square feet. Upper Beaches Lofts at 214 Main St (1.0 km) recorded zero closed leases over the trailing 180 days and therefore has no realized rent benchmark to compare against.

Carmelina leases at $3.71 per square foot across an average 650 square feet, a rate that sits below the active comp average of $3.82 per square foot and below the Toronto East submarket benchmark of $4.06 per square foot, while the subject's interior footprint exceeds the comp average of 633 square feet. Against Canvas Condos, the subject trades at a $0.24-per-square-foot (6.1%) discount and provides 61 more interior square feet, so the $78 higher monthly rent is entirely a function of the larger suite rather than a per-unit-rate premium. Danny Danforth presents the same dynamic: the subject offers a $0.25-per-square-foot (6.3%) discount and 45 additional square feet, with the $34 nominal rent difference again attributable to footprint. Linx Condominiums inverts the equation—the subject commands a $0.15-per-square-foot (4.2%) premium over Linx's $3.56 rate but delivers 55 fewer square feet, so the $77 lower monthly rent reflects the compact suite size rather than a weaker asset valuation. In every active comparison, the nominal rent variance is a square-footage story, not a rate story.

Carmelina fields a ten-item amenity suite that includes a Business Centre, Media & Theatre Room, and Garden & Courtyard—features absent from both Canvas Condos and Danny Danforth—while Linx Condominiums and Upper Beaches Lofts each offer an Indoor Pool that the subject does not. Against Canvas Condos, the subject adds a dedicated Meeting Room, Business Centre, Media & Theatre Room, and Garden & Courtyard, whereas Canvas offers a Yoga Studio that Carmelina lacks. Danny Danforth includes a Yoga Studio and Pet Wash Station not found at the subject, but the subject counters with a Business Centre, Media & Theatre Room, and Garden & Courtyard that Danny Danforth does not provide. Linx Condominiums is the amenity heavyweight in this set, layering an Indoor Pool, Games & Billiards Room, Kids' Play Room, and Yoga Studio on top of the shared core, while Upper Beaches Lofts (zero recent transactions) offers an Indoor Pool and Sauna & Steam Room that no other active comp matches. The subject's package—concierge security, gym, party lounge, meeting and business facilities, media room, dining kitchen, BBQ terrace, rooftop, and garden courtyard—serves the professional young household or remote-work-oriented renter who values flexible indoor programming and a private outdoor courtyard over aquatic or wellness-heavy offerings.