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Market Data as of August 31, 2026

Zigg Condos — Rental Market Data

223 St Clair Ave W, Toronto, Ontario M4V 0A5
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,500

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2018
Total Suites166
DeveloperMadison Homes & Fieldgate Homes

Zigg Condos is an established residential building located at 223 St Clair Ave W in Toronto's South Midtown neighborhood, completed in 2018 by developers Madison Homes and Fieldgate Homes. Containing 166 total suites, the property currently displays an active inventory of 1 listing, reflecting an availability rate of 0.6 percent. Over the past 90 days, the building recorded 2 closed transactions with an average of 56 days on the market, while leasing volume over the last 30 days stood at 0 transactions with an average days on market of 0.

Current asking rents average $2,500 per month at $4.55 per square foot, contrasting with historical 90-day realized leases averaging $3,450 per month at $4.47 per square foot. Active listings currently feature a compact average footprint of 550 square feet compared to historical leases averaging 750 square feet, indicating that current availability skews toward smaller floor plans. The building's active rate of $4.55 per square foot sits slightly below the broader South Midtown submarket asking benchmark of $4.64 per square foot.

Marketing friction remains low for active units, closing with an average of 3 days on the market, while delisted inventory accumulated an average of 61 days on the market before expiring. Realized leasing data shows tenant-favorable leverage where 50 percent of leases closed at a discount averaging $100 per month below asking, saving tenants $1,200 annually. Prospective tenants face a restrictive selection process at Zigg Condos, as 1-Bedroom floor plans currently hold a 100 percent monopoly on available inventory.

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Active Rental Inventory & Asking Rates

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

Active Units1
0
Avg Asking Rent$2,500
-$50 (2.0%)
Avg Suite Size550 sf
0 sf
Avg Days on Market3d
-32d (91.4%)
Avg Asking $/SF$4.55
-$0.09 (2.0%)

Active Market Insights & Questions

How has rental availability changed at Zigg Condos recently?

Zigg Condos features 1 active listing as of August 31, 2026, offering a price of $2,500 per month with both average and median asking rents resting at $2,500 per month. Available units average 550 square feet in size at an asking rate of $4.55 per square foot. 1-Bedroom layouts comprise 100 percent of the active inventory, indicating that current availability strictly leans toward compact entry-level suites rather than multi-bedroom executive layouts.

What floor plans and unit layouts are currently available at Zigg Condos?

1-Bedroom suites represent the dominant active layout at Zigg Condos, capturing 100 percent of the building's current inventory with 1 listing available. This single-listing tier commands an average rent of $2,500 per month across an average of 550 square feet, translating to an asking rate of $4.55 per square foot. Other layout tiers currently record zero active units on the market.

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

Zigg Condos lists a minimum entry rent of $2,500 per month and a peak asking rent of $2,500 per month, yielding a dollar spread of $0 and an asking spread percentage of 0 percent. Median asking rent rests at $2,500 per month across the board. The entry-level suite consists of a 1-Bedroom layout spanning 550 square feet at $4.55 per square foot, which mirrors the peak suite configuration identically.

How much extra do parking spaces and dens cost at Zigg Condos?

Zigg Condos lacks sufficient active data to quantify den premiums, registering a null dollar amount and an unquantified square foot delta. Active den marginal rate comparisons cannot be reliably calculated due to this data limitation. Similarly, active parking stall costs cannot be reliably isolated from current listings due to an insufficient sample size.

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

Zigg Condos asking rents and square foot rates compare directly against the broader South Midtown submarket benchmark of $4,012 per month at $4.64 per square foot. The building's nominal asking rent of $2,500 per month appears lower primarily due to more compact suite sizing rather than discounted unit pricing. This positions the building's asking rate 1.9 percent below the submarket asking benchmark per square foot while representing a fraction of the submarket's 52 active listings.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$2,550
Avg Suite Size550 sf
Avg Days on Market61d
Delisted $/SF$4.64

De-Listed Market Analysis & Questions

How many listings de-listed at Zigg Condos, and what was their re-listing price compared to previous asking?

Zigg Condos recorded 1 delisted unit, representing a delisted-to-lifetime-leased ratio of 50.0% based on a breakdown of 0 terminated units, 1 expired unit, and 0 suspended listings. This indicates that 1 listing was pulled or expired for every 2 successful leases completed in the building.

How do asking prices on de-listed suites compare to executed leases and active listings at Zigg Condos?

Zigg Condos recorded an average delisted asking rent of $2,550 per month at $4.64 per square foot. Unrented units asked essentially at realized lease parity, reflecting minimal nominal spread against the building's overall average lease rent of $3,450 per month across larger and smaller floor plan mixes.

What market friction causes rental listings to stall or de-list at Zigg Condos?

Zigg Condos unrented listings averaged 61 days on market compared to a realized lease average of 56 days on market. This modest excess of 5 marketing days represents a minimal holding friction, adding negligible ongoing condo maintenance fee drag to the unrented suite.

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)
2026-04-27149009505.1644
2026-04-28149009505.1645
2026-04-29149009505.1646
2026-04-30149009505.1647
2026-05-01149009505.1648
2026-05-02149009505.1649
2026-05-03149009505.1650
2026-05-04149009505.1651
2026-05-05149009505.1652
2026-05-06245008505.3127
2026-05-07245008505.3128
2026-05-08245008505.3129
2026-05-09245008505.3130
2026-05-10245008505.3131
2026-05-11245008505.3132
2026-05-12245008505.3133
2026-05-13245008505.3134
2026-05-14245008505.3135
2026-05-15245008505.3136
2026-05-16245008505.3137
2026-05-17245008505.3138
2026-05-18245008505.3139
2026-05-19245008505.3140
2026-05-20245008505.3141
2026-05-21245008505.3142
2026-05-22245008505.3143
2026-05-23245008505.3144
2026-05-24245008505.3145
2026-05-25245008505.3146
2026-05-26245008505.3147
2026-05-27245008505.3148
2026-05-28245008505.3149
2026-05-29245008505.3150
2026-05-30245008505.3151
2026-05-31245008505.3152
2026-06-01245008505.3153
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2026-06-03245008505.3155
2026-06-04245008505.3156
2026-06-05245008505.3157
2026-06-06245008505.3158
2026-06-07245008505.3159
2026-06-08141007505.4733
2026-06-09141007505.4734
2026-06-10141007505.4735
2026-06-11141007505.4736
2026-06-12141007505.4737
2026-06-13141007505.4738
2026-06-14141007505.4739
2026-06-15141007505.4740
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2026-06-18141007505.4743
2026-06-19141007505.4744
2026-06-26125505504.64N/A
2026-06-27125505504.641
2026-06-28125505504.642
2026-06-29125505504.643
2026-06-30125505504.644
2026-07-01125505504.645
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2026-07-04125505504.648
2026-07-05125505504.649
2026-07-06223755504.325
2026-07-07223755504.326
2026-07-08223755504.327
2026-07-09223755504.328
2026-07-10223755504.329
2026-07-11223755504.3210
2026-07-12223755504.3211
2026-07-13223755504.3212
2026-07-14223755504.3213
2026-07-15223755504.3214
2026-07-16223755504.3215
2026-07-17223755504.3216
2026-07-18223755504.3217
2026-07-19223755504.3218
2026-07-20223755504.3219
2026-07-21223755504.3220
2026-07-22223755504.3221
2026-07-23223755504.3222
2026-07-24223755504.3223
2026-07-25223755504.3224
2026-07-26223755504.3225
2026-07-27223755504.3226
2026-07-28223755504.3227
2026-07-29223755504.3228
2026-07-30223755504.3229
2026-07-31125505504.6435
2026-08-01125505504.6436
2026-08-02125505504.6437
2026-08-03125505504.6438
2026-08-04125505504.6439
2026-08-05125505504.6440
2026-08-06125505504.6441
2026-08-07125505504.6442
2026-08-08125505504.6443
2026-08-09125505504.6444
2026-08-10125505504.6445
2026-08-11125505504.6446
2026-08-12125505504.6447
2026-08-13125505504.6448
2026-08-14125505504.6449
2026-08-15125505504.6450
2026-08-16125505504.6451
2026-08-17125505504.6452
2026-08-18125505504.6453
2026-08-19125505504.6454
2026-08-20125505504.6455
2026-08-21125505504.6456
2026-08-22125505504.6457
2026-08-23125505504.6458
2026-08-24125505504.6459
2026-08-25125505504.6460
2026-08-28125005504.55N/A
2026-08-29125005504.551
2026-08-30125005504.552
2026-08-31125005504.553

12-Month Market Dynamics & Trend Trajectory

Zigg Condos has achieved a lifetime leasing volume of 2 closed transactions, generating an average rent of $3,450 per month at an average rate of $4.47 per square foot across an average suite size of 750 square feet. Average days on market stand at 56 days, reflecting moderate tenant turnover for this South Midtown property. Pricing discipline across the building favored tenants, with 50.0% of transactions closing below asking price. Tenants secured an average discount of $100 per month or 2.04% off listed rents, translating to $1,200 in annual tenant savings and demonstrating clear tenant leverage during lease negotiations.

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
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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)
2026-06-07147009504.9586
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26122005504.0025

Nearby Building Rental Comparables & Price Spreads

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

Zigg Condos at 223 St Clair Ave W is anchored by a competitive micro-market featuring four nearby competitor buildings located within 0.19 kilometers. This immediate set includes 235 St. Clair Avenue West (0.05 km away, built in 1970, 0 active listings), Forest Hill Private Residences at 2 Forest Hill Rd (0.13 km away, built in 2025, 3 active listings), 78 Warren Road (0.17 km away, built in 2026, 1 active listing), and One Forest Hill at 1 Forest Hill Rd (0.19 km away, built in 2021, 1 active listing). These properties span distinct structural eras, contrasting the established 1970 construction of 235 St. Clair Avenue West with modern mid-rise and high-end infill developments completed between 2018 and 2026. Across this competitive micro-market, the overall comp average sits at $7,378 per month with an average rate of $5.35 per square foot across an average suite size of 1,198 square feet. Zigg Condos, completed in 2018 with 166 suites, occupies a mid-market tier that balances modern architectural standards with scale. While ultra-luxury developments like Forest Hill Private Residences and One Forest Hill command significantly higher monthly rents and premium rates per square foot due to larger floor plans and luxury positioning, Zigg Condos provides a more accessible entry point into South Midtown without sacrificing contemporary build quality.

2 Forest Hill Rd, Toronto

Avg Asking$11,517/mo
Avg $/SF$8.82
Rent Spread:
+$9,017/mo (+360.7%) Higher

78 Warren Road, Toronto

Avg Asking$1,500/mo
Avg $/SF$3.90
Rent Spread:
-$1,000/mo (-40.0%) Lower

1 Forest Hill Rd, Toronto

Avg Asking$8,200/mo
Avg $/SF$6.31
Rent Spread:
+$5,700/mo (+228.0%) Higher

155 St Clair Ave W, Toronto

Avg Asking$17,575/mo
Avg $/SF$6.38
Rent Spread:
+$15,075/mo (+603.0%) Higher

99 Foxbar Rd, Toronto

Avg Asking$2,327/mo
Avg $/SF$4.45
Rent Spread:
-$173/mo (-6.9%) Lower

221 Russell Hill Road, Toronto

Avg Asking$3,200/mo
Avg $/SF$3.37
Rent Spread:
+$700/mo (+28.0%) Higher

Comparable Analysis & Questions

How do rental rates at Zigg Condos compare to neighbouring buildings within South Midtown?

Zigg Condos averages a leased rent of $3,450 per month, trading below the overall competitive micro-market average of $7,378 per month influenced by ultra-luxury developments like Forest Hill Private Residences. Individual competitor performance varies significantly across the immediate set: Forest Hill Private Residences at 2 Forest Hill Rd reports an average lease rent of $12,433 per month at $5.84 per square foot across an average of 1,908 square feet; One Forest Hill at 1 Forest Hill Rd records an average lease rent of $8,200 per month at $6.31 per square foot across an average of 1,300 square feet; 78 Warren Road posts an average lease rent of $1,500 per month at $3.90 per square foot across a compact 385 square feet; and 235 St. Clair Avenue West has no closed leases reported over the past 180 days.

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

Zigg Condos establishes its value proposition by offering an efficient average rate of $4.47 per square foot across an average suite size of 750 square feet, positioning it competitively below upscale neighbors like One Forest Hill at $6.31 per square foot and Forest Hill Private Residences at $5.84 per square foot. Renters at Zigg Condos trade ultra-large luxury floor plans for modern layout efficiency, manageable utility burdens, and contemporary finishes at a more accessible monthly commitment. While properties like Forest Hill Private Residences deliver expansive 1,908 square foot footprints at a higher cost per square foot, Zigg Condos captures renter demand by aligning modern 2018 construction standards with realistic South Midtown pricing.

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

Zigg Condos delivers a robust lifestyle and amenity profile tailored to contemporary urban renters, featuring a concierge and security, a gym and fitness centre, a rooftop terrace, a BBQ area, a party and lounge room, a meeting room, a pet wash station, and a media and theatre room. When compared against immediate peers, Zigg matches the baseline security found at 235 St. Clair Avenue West while offering modern outdoor and wellness spaces that surpass older rental alternatives. Furthermore, Zigg provides a balanced lifestyle package relative to ultra-luxury competitors like Forest Hill Private Residences—which includes exclusive additions like indoor pools and private wine storage—making Zigg an ideal fit for professionals and pet owners seeking modern condominium living in South Midtown.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Zigg Condos.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Rooftop Terrace
  • BBQ Area
  • Party & Lounge Room
  • Meeting Room
  • Pet Wash Station
  • Media & Theatre Room

Data Methodology & Analytical Standards

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

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.