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Market Data as of August 31, 2026

Symphony Square — Rental Market Data

23 Lorraine Dr, North York, Ontario M2N 6Z6
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$3,150

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2000
Total Suites295
DeveloperGHODS Builders Inc.

Symphony Square at 23 Lorraine Dr in North York City Centre is a 295-suite residential tower completed in 2000 by GHODS Builders Inc. As of August 31, 2026, the building carries a single active listing, representing a 0.3 percent availability rate across its full inventory. Leasing velocity has been quiet: zero closed leases in the trailing 30 and 90 days, with three transactions recorded over the past year at an average realized rent of $2,633 per month and an average days-on-market of 52.

The one active suite asks $3,150 per month for 1,115 square feet, translating to $2.83 per square foot. That rate sits below the building's historical realized average of $3.23 per square foot, even though the current listing's footprint of 1,115 square feet is substantially larger than the 817-square-foot average seen in past leases. Against the North York City Centre submarket asking benchmark of $3.88 per square foot, Symphony Square's active rate trades 27.1 percent below the broader market, a gap driven by the suite's expansive layout rather than a discount in positioning.

Marketing friction appears contained: the active listing has been on market for 17 days, well under the submarket average of 26 days, and the building shows zero delisted, terminated, or expired listings. Across all three tracked historical leases, tenants secured an average concession of $17 per month, or 0.58 percent below asking, with one in three deals closing at a discount. Inventory depth is effectively a single option: the sole available unit is a 2-bedroom layout, leaving no alternative bedroom tiers for renters to compare.

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Active Rental Inventory & Asking Rates

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

Active Units1
0
Avg Asking Rent$3,150
$0
Avg Suite Size1,115 sf
0 sf
Avg Days on Market17d
-59d (77.6%)
Avg Asking $/SF$2.83
$0.00

Active Market Insights & Questions

How has rental availability changed at Symphony Square recently?

Symphony Square has exactly one active listing as of August 31, 2026, asking $3,150 per month with both the average and median rent at that same figure. The unit spans 1,115 square feet at an asking rate of $2.83 per square foot, and it represents 100 percent of the building's available inventory. With only a single 2-bedroom suite on the market, there is no spread to analyze and no lean toward compact entry-level or multi-bedroom executive configurations; the listing stands alone as the building's sole rental option.

What floor plans and unit layouts are currently available at Symphony Square?

The dominant and only active layout at Symphony Square is the 2-bedroom, with one listing accounting for 100 percent of available inventory. That single suite asks $3,150 per month for 1,115 square feet at $2.83 per square foot, and no other bedroom tiers—studio, 1-bedroom, or 3-bedroom—are currently listed. Renter choice within the building is therefore limited to this one executive-scale 2-bedroom configuration.

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

Symphony Square's active pricing spread is $0, with both the minimum and peak asking rent at $3,150 per month, reflecting a single-listing inventory. The entry-level and peak suite are the same unit: a 2-bedroom of 1,115 square feet priced at $2.83 per square foot. With no second listing to create a range, the spread percentage is 0 percent and there is no tier differentiation to evaluate.

How much extra do parking spaces and dens cost at Symphony Square?

Symphony Square's active den premium and square-footage delta cannot be quantified, as the single available listing does not provide a paired comparison against a den-less unit of the same bedroom tier. Marginal cost per square foot for additional den space is therefore uncalculable from current inventory. Parking stall costs also cannot be reliably isolated; the data sample is flagged as an unreliable outlier or insufficient paired set, so no specific monthly parking fee can be quoted.

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

Symphony Square's active asking rent of $3,150 per month exceeds the North York City Centre submarket average asking rent of $2,742, yet its rate of $2.83 per square foot sits 27.1 percent below the submarket asking benchmark of $3.88 per square foot. The nominal rent premium is entirely a function of suite size: the active unit at 1,115 square feet is 408 square feet larger than the submarket implied average of 707 square feet, so renters are paying more in absolute dollars for a materially bigger footprint at a lower per-square-foot rate. Symphony Square's single listing represents 1 out of 232 available units across the North York City Centre submarket.

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)
2026-04-27330009723.1144
2026-04-28330009723.1145
2026-04-29330009723.1146
2026-04-30330009723.1147
2026-05-01330009723.1148
2026-05-02230009833.0968
2026-05-03230009833.0969
2026-05-04230009833.0970
2026-05-05230009833.0971
2026-05-06230009833.0972
2026-05-07230009833.0973
2026-05-08230009833.0974
2026-05-09230009833.0975
2026-05-10230009833.0976
2026-05-11230009833.0977
2026-05-12230009833.0978
2026-05-13230009833.0979
2026-05-14230009833.0980
2026-05-15230009833.0981
2026-05-16230009833.0982
2026-05-17230009833.0983
2026-05-18230009833.0984
2026-05-19230009833.0985
2026-05-20230009833.0986
2026-05-21230009833.0987
2026-05-22230009833.0988
2026-05-23230009833.0989
2026-05-24230009833.0990
2026-05-25230009833.0991
2026-05-261315011152.8342
2026-05-271315011152.8343
2026-05-281315011152.8344
2026-05-291315011152.8345
2026-05-301315011152.8346
2026-05-311315011152.8347
2026-06-011315011152.8348
2026-06-021315011152.8349
2026-06-031315011152.8350
2026-06-041315011152.8351
2026-06-051315011152.8352
2026-06-061315011152.8353
2026-06-071315011152.8354
2026-06-081315011152.8355
2026-06-091315011152.8356
2026-06-101315011152.8357
2026-06-111315011152.8358
2026-06-121315011152.8359
2026-06-131315011152.8360
2026-06-141315011152.8361
2026-06-151315011152.8362
2026-06-161315011152.8363
2026-06-171315011152.8364
2026-06-181315011152.8365
2026-06-191315011152.8366
2026-06-201315011152.8367
2026-06-211315011152.8368
2026-06-221315011152.8369
2026-06-231315011152.8370
2026-06-241315011152.8371
2026-06-251315011152.8372
2026-06-261315011152.8373
2026-06-271315011152.8374
2026-06-281315011152.8375
2026-06-291315011152.8376
2026-08-141315011152.83N/A
2026-08-151315011152.831
2026-08-161315011152.832
2026-08-171315011152.833
2026-08-181315011152.834
2026-08-191315011152.835
2026-08-201315011152.836
2026-08-211315011152.837
2026-08-221315011152.838
2026-08-231315011152.839
2026-08-241315011152.8310
2026-08-251315011152.8311
2026-08-261315011152.8312
2026-08-271315011152.8313
2026-08-281315011152.8314
2026-08-291315011152.8315
2026-08-301315011152.8316
2026-08-311315011152.8317

12-Month Market Dynamics & Trend Trajectory

Symphony Square's average realized rent of $2,633 per month sits essentially at parity with the North York City Centre submarket average of $2,627, a difference of just $6. The building's $3.23 per square foot clearing rate runs 14.6% below the submarket leased benchmark of $3.78 per square foot, and its single active listing at $2.83 per square foot trades 27.1% under the submarket asking rate of $3.88 per square foot. That discount is driven by suite size: the active 2-Bedroom offers 1,115 square feet, which is 408 square feet larger than the submarket implied average of 707 square feet, so the lower per-square-foot rate reflects expansive layouts rather than a distressed pricing position. On pricing discipline, one-third of Symphony Square's tracked leases closed below asking, with tenants capturing an average concession of $17 per month (0.58%) and $204 in annualized savings per unit. The net negotiation spread of -$17 per month confirms a tenant-favorable dynamic where landlords absorbed a small discount to close deals. With only three transactions in the dataset, this concession pattern is directional rather than definitive, but it signals that asking prices at this building carry a modest buffer that motivated tenants can negotiate away.

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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)
2026-04-26130009503.1611
2026-05-030N/AN/AN/AN/A
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-24128008503.29141

Nearby Building Rental Comparables & Price Spreads

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

Symphony Square at 23 Lorraine Dr sits in a dense cluster of four nearby competitors within 0.1 km, all of which recorded closed lease transactions over the trailing 180 days. The closest peer is C-Condominiums at 503 Beecroft Rd (0.08 km, completed 2008) with one closed lease, followed by Pulse Condominiums I at 5500 Yonge St (0.09 km, completed 2009) with one closed lease, Pulse Condominiums II at 5508 Yonge St (0.09 km, completed 2009) with eleven closed leases, and The Continental – North Building at 509 Beecroft Rd (0.1 km, completed 2007) with six closed leases. The subject, built in 2000, is the oldest asset in this pocket by seven to eight years, while the three Yonge Street and Beecroft Road competitors all date from the 2007–2009 construction wave. The four-comparable benchmark averages $2,509 per month in realized rent, $3.41 per square foot, and 742 square feet of interior space. Symphony Square's trailing twelve-month lease average of $2,633 per month and 817 square feet places it above the comp set on both nominal rent and suite footprint, while its $3.23 per square foot rate sits below the comp average of $3.41 per square foot. Against the broader North York City Centre submarket benchmark of $2,627 per month and $3.78 per square foot, the subject trades at a modest discount on rate per square foot but commands a larger-than-average interior footprint, positioning it as a space-maximizing option for renters prioritizing square footage over per-unit pricing.

503 Beecroft Rd, North York

Avg Asking$1,900/mo
Avg $/SF$2.37
Rent Spread:
-$1,250/mo (-39.7%) Lower

5508 Yonge St, North York

Avg Asking$2,327/mo
Avg $/SF$3.64
Rent Spread:
-$823/mo (-26.1%) Lower

5500 Yonge St, North York

Avg Asking$2,363/mo
Avg $/SF$3.42
Rent Spread:
-$788/mo (-25.0%) Lower

509 Beecroft Rd, North York

Avg Asking$2,773/mo
Avg $/SF$3.54
Rent Spread:
-$377/mo (-12.0%) Lower

5460 Yonge St, North York

Avg Asking$3,238/mo
Avg $/SF$2.74
Rent Spread:
+$88/mo (+2.8%) Higher
Sonata116 m

7 Lorraine Dr, North York

Avg Asking$2,800/mo
Avg $/SF$3.13
Rent Spread:
-$350/mo (-11.1%) Lower

Comparable Analysis & Questions

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

Symphony Square's average realized lease rent of $2,633 per month sits $124 above the four-comparable benchmark of $2,509 per month, with the spread driven primarily by larger suite footprints rather than per-square-foot premiums. C-Condominiums at 503 Beecroft Rd (0.08 km, one closed lease) averaged $2,600 per month at $3.47 per square foot across 750 square feet; the subject commands a $33 higher monthly rent but trades at a $0.24 per square foot discount, with the variance explained by 67 additional interior square feet. Pulse Condominiums I at 5500 Yonge St (0.09 km, one closed lease) averaged $2,500 per month at $3.13 per square foot across 800 square feet; the subject realizes $133 more per month and commands a $0.10 per square foot premium while providing 17 more square feet. Pulse Condominiums II at 5508 Yonge St (0.09 km, eleven closed leases) averaged $2,295 per month at $3.66 per square foot across 636 square feet; the subject commands $338 more per month yet trades at a $0.43 per square foot discount, a spread entirely attributable to 181 additional interior square feet. The Continental – North Building at 509 Beecroft Rd (0.1 km, six closed leases) averaged $2,642 per month at $3.38 per square foot across 783 square feet; the subject trades at a $9 lower monthly rent and a $0.15 per square foot discount while providing 34 more square feet.

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

Symphony Square's leased rate of $3.23 per square foot across an average 817-square-foot suite positions it below the comp-set average of $3.41 per square foot and the submarket benchmark of $3.78 per square foot, while delivering more interior space than every active nearby competitor. Against C-Condominiums (0.08 km), the subject trades at a $0.24 per square foot discount but provides 67 more square feet, meaning the $33 higher nominal rent reflects a larger footprint rather than a per-unit premium. Versus Pulse Condominiums I (0.09 km), the subject commands a $0.10 per square foot premium and 17 additional square feet, yielding a $133 higher monthly rent on both rate and space. Against Pulse Condominiums II (0.09 km), the subject trades at a $0.43 per square foot discount while delivering 181 more square feet, so the $338 higher nominal rent is driven entirely by the expanded interior footprint. The Continental – North Building (0.1 km) presents the closest match: the subject trades at a $0.15 per square foot discount and provides 34 more square feet, resulting in a marginal $9 lower monthly rent that reflects both a slightly lower rate and a modestly larger suite.

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

Symphony Square offers an eight-feature lifestyle package including an indoor pool, hot tub and jacuzzi, sauna and steam room, gym, concierge and security, party lounge, games and billiards room, and media theatre room—broader than three of its four nearby competitors. The Continental – North Building at 509 Beecroft Rd (0.1 km) provides no common lifestyle or recreational facilities whatsoever, making the subject's full amenity suite a clear differentiator for renters seeking on-site wellness and social space. Against C-Condominiums (0.08 km), the subject adds a hot tub and jacuzzi that the competitor lacks, while C-Condominiums offers a meeting room absent from Symphony Square. Pulse Condominiums I and II (both 0.09 km) each include a business centre, golf simulator, and car wash bay (Pulse I) or garden courtyard (Pulse II) that the subject does not carry, but neither provides the indoor pool, hot tub, or sauna and steam room found at Symphony Square. This aquatic-and-wellness-centric package best serves the young professional and small-family renter demographic in North York City Centre who prioritize on-site recreation and social amenities over remote-work infrastructure.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Symphony Square.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Games & Billiards Room
  • Media & Theatre Room

Data Methodology & Analytical Standards

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

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.