Panache Condominiums — Rental Market Data

Panache Condominiums has two active listings as of August 31, 2026, with asking rents ranging from $2,650 to $2,800 per month, an average of $2,725, and a median of $2,725. Both units measure 650 square feet at an average asking rate of $4.19 per square foot. The entire active inventory is one-bedroom-plus-den layouts, meaning the building currently offers no studio, two-bedroom, or three-bedroom options for prospective renters.

The sole active layout at Panache Condominiums is the one-bedroom-plus-den, with two units representing 100 percent of available inventory. Both listings average $2,725 per month on 650 square feet, translating to $4.19 per square foot. No other bedroom tiers are currently on the market, so renters seeking studios or multi-bedroom executive layouts must look to the broader North Midtown submarket.

Panache Condominiums shows a minimum entry rent of $2,650 per month and a peak asking rent of $2,800 per month, a dollar spread of $150 or 5.7 percent. The median asking rent sits at $2,725 per month. The entry-level suite is a one-bedroom-plus-den at 650 square feet priced at $4.08 per square foot, while the peak unit is the same layout and size but listed at $4.31 per square foot, reflecting a modest premium for unit-specific features or floor placement.

Panache Condominiums does not have a quantified den premium or square-footage delta for its active one-bedroom-plus-den listings, as the data sample is insufficient to isolate the marginal cost of den space. Parking stall premiums also cannot be reliably isolated from the current active listing data due to anomalous outliers or an insufficient paired sample, so renters should request a direct quote from the property manager before committing.

Panache Condominiums asks an average of $2,725 per month at $4.19 per square foot, compared to the North Midtown submarket asking benchmark of $2,803 per month at $4.27 per square foot. The building's rate per square foot runs 1.9 percent below the submarket asking average, making it marginally more competitive on a density-adjusted basis despite a slightly lower nominal rent. Panache's two active listings represent a small slice of the broader market, accounting for 2 out of 232 available listings in the North Midtown submarket.

Panache Condominiums' average realized lease rent of $2,800 per month runs $132 below the four-comparable benchmark of $2,932, positioning the subject modestly under the immediate peer set. Against Soho Lofts on Eglinton (188 Eglinton Ave E, 0.07 km, two closed leases, $3,000 average rent, $2.94 per square foot, 1,025 square feet), the subject trades at a $200-per-month lower realized rent. The Eglinton (125 Redpath Ave, 0.10 km, 51 closed leases, $2,313 average rent, $4.03 per square foot, 585 square feet) and 155 Redpath (185 Roehampton Ave, 0.11 km, 35 closed leases, $2,346 average rent, $4.17 per square foot, 572 square feet) both realize rents $487 and $454 lower than the subject, respectively. At the top of the range, 123 Eglinton Avenue East (123 Eglinton Ave E, 0.13 km, three closed leases, $4,067 average rent, $3.22 per square foot, 1,283 square feet) commands a realized rent $1,267 higher than Panache's benchmark.

Panache Condominiums leases at $3.73 per square foot on an average 750-square-foot suite, a rate that sits below the North Midtown submarket leased benchmark of $4.19 per square foot and above the four-comparable average of $3.59 per square foot, delivering a mid-pack value position on a mid-size footprint. Against The Eglinton (0.10 km, 51 closed leases), the subject trades at a $0.30-per-square-foot (7.4%) discount while providing 165 more interior square feet; the $487 higher nominal rent is driven entirely by the larger footprint rather than a per-unit premium. The same dynamic holds against 155 Redpath (0.11 km, 35 closed leases), where the subject offers a $0.44-per-square-foot (10.6%) discount and 178 additional square feet, making the $454 rent differential a space-volume effect. On the premium side, Panache commands a $0.79-per-square-foot (26.9%) rate advantage over Soho Lofts on Eglinton (0.07 km, two closed leases) but delivers 275 fewer square feet, so the $200 lower total rent reflects the smaller interior rather than weaker asset valuation. Versus 123 Eglinton Avenue East (0.13 km, three closed leases), the subject carries a $0.51-per-square-foot (15.8%) premium yet provides 533 fewer square feet, explaining the $1,267 lower nominal rent through footprint alone.

Panache Condominiums fields a nine-item amenity suite anchored by an indoor pool and hot tub, a combination that distinguishes it from every nearby competitor and positions the building as a wellness-and-leisure hybrid within the North Midtown pocket. The indoor pool is the single most differentiating feature: Soho Lofts on Eglinton (0.07 km) offers no aquatic facility at all, while The Eglinton (0.10 km) and 155 Redpath (0.11 km) provide no pool whatsoever, and 123 Eglinton Avenue East (0.13 km) supplies only an outdoor pool. Panache also includes a media and theatre room absent from Soho Lofts and 155 Redpath, and a meeting room that The Eglinton and 155 Redpath both lack. In return, the subject forgoes several lifestyle features its peers carry—Soho Lofts adds a golf simulator and sauna, The Eglinton offers a yoga studio, pet wash station, and kids' play room, 155 Redpath layers in private cabanas, a reflecting pool, and a garden courtyard, and 123 Eglinton Avenue East includes a car wash bay and library. The indoor-pool-plus-gym-plus-hot-tub package, paired with a rooftop terrace and BBQ area, targets professionals and couples in their late twenties to mid-thirties who prioritize year-round aquatic recreation and a compact social-living environment over resort-scale outdoor grounds or family-oriented play spaces.