Skip to Content

Market Data as of August 31, 2026

The Corner on Broadway — Rental Market Data

223 Redpath Avenue, Toronto, Ontario M4P 2K8
Quick Rent Estimate
Active Suites4 Available
Type
Units
Avg Rent
2-Bedroom
3
$3,007
1-Bedroom
1
$2,564

Building Summary & Rental Market Overview

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

Building TypePurpose-Built Rental
Year Completed2024
Total Suites448
DeveloperReserve Properties

The Corner on Broadway at 223 Redpath Avenue in the North Midtown submarket of Toronto, developed by Reserve Properties and completed in 2024, contains 448 total suites with 4 active listings, an availability rate of 0.9%, and a 90-day leasing volume of 8 leases averaging 37 days on market alongside 0 leases recorded over the past 30 days averaging 0 days on market.

Active asking rents average $2,897 per month at $4.64 per square foot across an average footprint of 625 square feet, which compares to realized 90-day leases averaging $3,113 per month at $4.77 per square foot. Current active inventory skews toward larger 2-bedroom floor plans compared to historical leases, while the building's active asking rate per square foot tracks 8.7% above the North Midtown submarket asking benchmark of $4.27 per square foot.

Marketing friction is minimal as evidenced by a single delisted unit lingering for 102 days before removal alongside landlords securing an average negotiation premium of $43 per month above asking (a 0.99% premium), while prospective tenants face deep inventory selection in 2-bedroom layouts representing 75% of active listings compared to scarce availability in 1-bedroom suites.

Get Monthly Rental Market Updates for The Corner on Broadway

Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.

Strictly monthly updates. One-click unsubscribe at any time.

Active Rental Inventory & Asking Rates

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

Active Units4
+2 (100.0%)
Avg Asking Rent$2,897
-$61 (2.0%)
Avg Suite Size625 sf
+25 sf (4.2%)
Avg Days on Market26d
-36d (58.1%)
Avg Asking $/SF$4.64
-$0.27 (5.5%)

Active Market Insights & Questions

How has rental availability changed at The Corner on Broadway recently?

The Corner on Broadway features 4 active listings as of August 31, 2026, spanning a price range of $2,564 to $3,100 per month, with an average asking rent of $2,897 per month and a median asking rent of $2,961 per month. Active suites average 625 square feet with an average asking rate of $4.64 per square foot. Multi-bedroom layouts dominate the active inventory with 2-bedroom suites accounting for 75% of available units, causing current supply to lean toward larger executive footprints rather than compact entry-level options.

What floor plans and unit layouts are currently available at The Corner on Broadway?

The dominant active layout at The Corner on Broadway is the 2-Bedroom, accounting for 3 active listings and a 75% inventory share. Available 2-bedroom suites average $3,007 per month across 650 square feet at an asking rate of $4.63 per square foot. The remaining active inventory consists of a single 1-bedroom listing representing a 25% share, averaging $2,564 per month across 550 square feet at an asking rate of $4.66 per square foot.

What is the average asking rent and $/SF by suite size at The Corner on Broadway?

The Corner on Broadway exhibits a minimum entry rent of $2,564 per month and a peak asking rent of $3,100 per month, creating a dollar spread of $536 per month or a 20.9% percentage spread. Median asking rent stands at $2,961 per month. The entry-level suite comprises a 1-bedroom layout spanning 550 square feet asking $4.66 per square foot, contrasted against the peak suite featuring a 2-bedroom layout spanning 650 square feet asking $4.77 per square foot.

How much extra do parking spaces and dens cost at The Corner on Broadway?

The Corner on Broadway has unquantified den data with active den premiums, square footage deltas, and marginal per-square-foot costs unavailable. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, and parking fees should not be assumed or overstated.

How do asking rents at The Corner on Broadway compare to local and municipal benchmarks?

The Corner on Broadway commands an average asking rent of $2,897 per month at $4.64 per square foot, outpacing the North Midtown submarket asking benchmark of $2,803 per month at $4.27 per square foot. The building's nominal rent premium is reinforced by an asking rate per square foot that sits 8.7% above the submarket average, while the property accounts for 4 active listings within a broader submarket inventory of 232 available units.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$3,350
Avg Suite Size650 sf
Avg Days on Market102d
Delisted $/SF$5.15

De-Listed Market Analysis & Questions

How many listings de-listed at The Corner on Broadway, and what was their re-listing price compared to previous asking?

At The Corner on Broadway, a total of 1 unit was delisted, representing a 7.1% delisted-to-lifetime-leased ratio based on 14 total historical leases. This single delisted entry consisted entirely of 1 terminated listing, with zero expired or suspended listings recorded. This equates to roughly 1 listing pulled for every 14 successful leases, pointing to minimal marketing attrition.

How do asking prices on de-listed suites compare to executed leases and active listings at The Corner on Broadway?

At The Corner on Broadway, the single delisted unit asked an average rent of $3,350 per month. Unrented units asked exactly at realized lease parity, reflecting alignment with broader building pricing despite failing to secure a tenant.

What market friction causes rental listings to stall or de-list at The Corner on Broadway?

At The Corner on Broadway, unrented listings averaged 102 days on market compared to 43 days for successful leases. This excess marketing duration of 59 days represents approximately two months of vacancy carry and lost rental income, compounding the carrying cost of holding unrented inventory.

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)
2026-04-27529926274.7570
2026-04-28529926274.7571
2026-04-29529926274.7572
2026-04-30331426464.8458
2026-05-01331426464.8459
2026-05-02331426464.8460
2026-05-03331426464.8461
2026-05-04331426464.8462
2026-05-05234506944.9651
2026-05-06234506944.9652
2026-05-07234506944.9653
2026-05-08234506944.9654
2026-05-09234506944.9655
2026-05-10234506944.9656
2026-05-111031826694.7511
2026-05-121031826694.7512
2026-05-13932696824.7915
2026-05-14932696824.7916
2026-05-15932696824.7917
2026-05-16932696824.7918
2026-05-17932696824.7919
2026-05-18932696824.7920
2026-05-19932696824.7921
2026-05-20831476734.6823
2026-05-21732897074.6513
2026-05-22732897074.6514
2026-05-23732897074.6515
2026-05-24634457334.7116
2026-05-25634457334.7117
2026-05-26831736694.7914
2026-05-27831736694.7915
2026-05-28831736694.7916
2026-05-29831736694.7917
2026-05-30831736694.7918
2026-05-31831736694.7919
2026-06-01831736694.7920
2026-06-02831736694.7921
2026-06-03831736694.7922
2026-06-04831736694.7923
2026-06-05630816674.6623
2026-06-06630816674.6624
2026-06-07630816674.6625
2026-06-08630816674.6626
2026-06-09630816674.6627
2026-06-10531846904.6530
2026-06-11531846904.6531
2026-06-12431376504.8332
2026-06-13431376504.8333
2026-06-14330916504.7534
2026-06-15330916504.7535
2026-06-16330916504.7536
2026-06-17330916504.7537
2026-06-18330916504.7538
2026-06-19528806104.7223
2026-06-20528806104.7224
2026-06-21528806104.7225
2026-06-22528806104.7226
2026-06-23528806104.7227
2026-06-24528806104.7228
2026-06-25528806104.7229
2026-06-26528806104.7230
2026-06-27528806104.7231
2026-06-28528806104.7232
2026-06-29528806104.7233
2026-06-30528806104.7234
2026-07-01528806104.7235
2026-07-02528806104.7236
2026-07-03528806104.7237
2026-07-04528806104.7238
2026-07-05528806104.7239
2026-07-06528806104.7240
2026-07-07528806104.7241
2026-07-08528806104.7242
2026-07-09528806104.7243
2026-07-10528806104.7244
2026-07-11528806104.7245
2026-07-12528806104.7246
2026-07-13428606004.7644
2026-07-14329586174.7951
2026-07-15329586174.7952
2026-07-16329586174.7953
2026-07-17329586174.7954
2026-07-18329586174.7955
2026-07-19329586174.7956
2026-07-20329586174.7957
2026-07-21329586174.7958
2026-07-22329586174.7959
2026-07-23329586174.7960
2026-07-24229576004.9155
2026-07-25229576004.9156
2026-07-26229576004.9157
2026-07-27229576004.9158
2026-07-28229576004.9159
2026-07-29229576004.9160
2026-07-30229576004.9161
2026-07-31229576004.9162
2026-08-01229576004.9163
2026-08-02229576004.9164
2026-08-03229576004.9165
2026-08-04229576004.9166
2026-08-05229576004.9167
2026-08-06229576004.9168
2026-08-07229576004.9169
2026-08-08229576004.9170
2026-08-09229576004.9171
2026-08-10229576004.9172
2026-08-11229576004.9173
2026-08-12229576004.9174
2026-08-13229576004.9175
2026-08-14229576004.9176
2026-08-15229576004.9177
2026-08-16229576004.9178
2026-08-17229576004.9179
2026-08-18229576004.9180
2026-08-19229576004.9181
2026-08-20229576004.9182
2026-08-21428976254.6416
2026-08-22428976254.6417
2026-08-23428976254.6418
2026-08-24428976254.6419
2026-08-25428976254.6420
2026-08-26428976254.6421
2026-08-27428976254.6422
2026-08-28428976254.6423
2026-08-29428976254.6424
2026-08-30428976254.6425
2026-08-31428976254.6426

12-Month Market Dynamics & Trend Trajectory

The Corner on Broadway has recorded a lifetime leasing volume of 14 transactions with an average monthly rent of $3,009 per month, an average rate of $4.68 per square foot, and a mean suite size of 646 square feet. Properties across the asset achieve an average days on market of 43 days, demonstrating moderate tenant turnover across its 448 total suites. Landlords maintained favorable pricing leverage throughout the tracked period, securing 100% of analyzed lease transactions at or above asking price. The complete absence of realized discounts underscores steady rental demand and effective price alignment by property owners within the North Midtown submarket.

Loading inventory data…

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
Show min/max boundaries

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)
2026-05-10123955504.352
2026-05-17232005945.2957
2026-05-24123505504.2713
2026-05-31236006755.3527
2026-06-07229707004.3224
2026-06-14132756505.0434
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-12227636004.6144
2026-07-19129616504.5674

Nearby Building Rental Comparables & Price Spreads

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

The competitive set for The Corner on Broadway (built in 2024 at 223 Redpath Avenue with 4 active listings) includes several direct multi-residential towers in the immediate North Midtown micro-market: The 88 on Broadway (located 0.03 km away, built in 2009 with 7 active listings), 220 Redpath Avenue (located 0.04 km away, built in 2008 with 1 active listing), Untitled Toronto (located 0.04 km away, built in 2025 with 53 active listings), and Citylights on Broadway - North Tower (located 0.07 km away, built in 2022 with 28 active listings). These neighbouring properties reflect two distinct structural generations, spanning mid-2000s high-rises and recent purpose-built or condominium additions completed over the past three years. Positioned squarely within this high-density urban node, The Corner on Broadway balances its modern 2024 construction timeline against a micro-market overall comparable average rent of $2,304 per month, an average rate of $3.98 per square foot, and an average suite size of 587 square feet. While older nearby towers offer larger historical footprints at lower nominal rates, the subject building commands a premium rate per square foot that mirrors its contemporary asset class, aligning closely with recent completions like Untitled Toronto while maintaining a distinct edge in modern construction standards and building age-driven value.

88 Broadway Ave, Toronto

Avg Asking$2,919/mo
Avg $/SF$3.99
Rent Spread:
+$23/mo (+0.8%) Higher

220 Redpath Avenue, Toronto

Avg Asking$1,800/mo
Avg $/SF$3.27
Rent Spread:
-$1,097/mo (-37.9%) Lower

110-120 Broadway Avenue, Toronto

Avg Asking$2,345/mo
Avg $/SF$4.50
Rent Spread:
-$551/mo (-19.0%) Lower

99 Broadway Ave, Toronto

Avg Asking$2,405/mo
Avg $/SF$4.46
Rent Spread:
-$491/mo (-17.0%) Lower

200 Redpath Avenue, Toronto

Avg Asking$2,667/mo
Avg $/SF$5.06
Rent Spread:
-$229/mo (-7.9%) Lower

133 Erskine Avenue, Toronto

Avg Asking$2,267/mo
Avg $/SF$2.84
Rent Spread:
-$629/mo (-21.7%) Lower

Comparable Analysis & Questions

How do rental rates at The Corner on Broadway compare to neighbouring buildings within North Midtown?

The Corner on Broadway achieves an average lease rent of $3,009 per month, positioning it above the overall micro-market comp average of $2,304 per month across key benchmarks including The 88 on Broadway, 220 Redpath Avenue, Untitled Toronto, and Citylights on Broadway - North Tower. Specifically, The 88 on Broadway (88 Broadway Ave) reports an average lease rent of $2,804 per month at $3.93 per square foot across an average of 723 square feet. Meanwhile, 220 Redpath Avenue (220 Redpath Avenue) records an average lease rent of $1,800 per month at $3.27 per square foot across an average of 550 square feet. Untitled Toronto (110-120 Broadway Avenue) leases at an average of $2,299 per month at $4.47 per square foot across 525 square feet, and Citylights on Broadway - North Tower (99 Broadway Ave) averages $2,313 per month at $4.26 per square foot across 550 square feet.

Does The Corner on Broadway offer a competitive price-per-square-foot ($/SF) against local comparables?

The Corner on Broadway establishes its value proposition through a realized lease rate of $4.68 per square foot across an average suite size of 646 square feet, trading at a premium compared to older regional alternatives and the broader submarket benchmark of $4.19 per square foot. Renters evaluating The Corner on Broadway against legacy alternatives like The 88 on Broadway—which offers larger 723-square-foot layouts at a lower rate of $3.93 per square foot—must weigh older floor plan efficiencies against the superior energy performance, contemporary interior finishes, and reduced near-term maintenance burdens inherent in a 2024-built asset. Compared to compact newer peers like Untitled Toronto at $4.47 per square foot across 525 square feet, the subject building provides more expansive square footage at a comparable rate profile, allowing residents to secure modern construction without sacrificing essential living volume.

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

The Corner on Broadway delivers a robust lifestyle and amenity package that successfully competes with established high-rises throughout the North Midtown corridor. The subject building features signature amenities including Concierge & Security, Gym & Fitness Centre, Yoga Studio, Party & Lounge Room, and a Rooftop Terrace. When contrasted against nearby competitors, The Corner on Broadway matches or exceeds regional offerings; for instance, while The 88 on Broadway features an Indoor Pool, Hot Tub & Jacuzzi, and Sauna & Steam Room, and Citylights on Broadway - North Tower incorporates indoor and outdoor pools alongside basketball and badminton courts, the subject property emphasizes wellness, remote work infrastructure, and social hosting spaces via its dedicated Yoga Studio, Business Centre, and Games & Billiards Room. This amenity configuration particularly serves urban professionals and young couples seeking modern wellness facilities and flexible remote-work environments within a newly constructed residential community.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Corner on Broadway.

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
  • Kids' Play Room - Indoor
  • Children's Playground - Outdoor

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Corner on Broadway.

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.