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Market Data as of August 31, 2026

235 Grandravine Drive — Rental Market Data

235 Grandravine Drive, North York, Ontario M3N 1J2
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,100/mo
Date Leased: July 12, 2026
Rent psf$3.00/sf
Turnover Velocity27 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1970
Total SuitesVarious
DeveloperNot Disclosed

Located at 235 Grandravine Drive in the Downsview neighborhood of North York, this established residential building built in 1970 currently has zero units available for lease. Leasing activity over the past 90 days shows a modest volume of 2 completed lease transactions with an average days on market of 39 days, matching the 30-day closed count of 0 transactions and average days on market of 39 days.

Active asking rent and rate per square foot metrics cannot be calculated due to zero active inventory, while historical 90-day leases closed at an average of $1,950 per month and $2.89 per square foot, comparing against an average suite size of 675 square feet. The submarket asking rent benchmark stands at $2,496 per month with an average asking rate of $3.77 per square foot.

Marketing friction is virtually non-existent for current inventory given the complete lack of active listings, while historical transactions indicate that 100% of leases closed under asking with tenants securing an average discount of $100 per month (a 4.88% discount). Prospective tenants searching for suites here face an empty active inventory pipeline, requiring a shift toward competing properties across the Downsview submarket where selection is deepest.

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,100/mo
Date LeasedJuly 12, 2026
Rent psf$3.00/sf
Turnover Velocity27 Days
Active Inventory Status0 Available

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)
2026-04-27120006503.086
2026-04-28120006503.087
2026-04-29120006503.088
2026-04-30120006503.089
2026-05-01120006503.0810
2026-05-02120006503.0811
2026-05-03120006503.0812
2026-05-04120006503.0813
2026-05-05120006503.0814
2026-05-06120006503.0815
2026-05-07120006503.0816
2026-05-08120006503.0817
2026-05-09120006503.0818
2026-05-10120006503.0819
2026-05-11120006503.0820
2026-05-12120006503.08N/A
2026-05-13120006503.081
2026-05-14120006503.082
2026-05-15120006503.083
2026-05-16120006503.084
2026-05-17120006503.085
2026-05-18120006503.086
2026-05-19120006503.087
2026-05-20120006503.088
2026-05-21120006503.089
2026-05-22120006503.0810
2026-05-23120006503.0811
2026-05-24120006503.0812
2026-05-25120006503.0813
2026-05-26120006503.0814
2026-05-27120006503.0815
2026-05-28120006503.0816
2026-05-29120006503.0817
2026-05-30120006503.0818
2026-05-31120006503.0819
2026-06-01120006503.0820
2026-06-02120006503.0821
2026-06-03120006503.0822
2026-06-04120006503.0823
2026-06-05120006503.0824
2026-06-06120006503.0825
2026-06-07120006503.0826
2026-06-08120006503.0827
2026-06-09120006503.0828
2026-06-10120006503.0829
2026-06-11120006503.0830
2026-06-12120006503.0831
2026-06-13120006503.0832
2026-06-14120006503.0833
2026-06-15220506753.0417
2026-06-16220506753.0418
2026-06-17220506753.0419
2026-06-18220506753.0420
2026-06-19220506753.0421
2026-06-20220506753.0422
2026-06-21220506753.0423
2026-06-22220506753.0424
2026-06-23220506753.0425
2026-06-24220506753.0426
2026-06-25220506753.0427
2026-06-26220506753.0428
2026-06-27220506753.0429
2026-06-28220506753.0430
2026-06-29220506753.0431
2026-06-30220506753.0432
2026-07-01220506753.0433
2026-07-02121006993.0017
2026-07-03121006993.0018
2026-07-04121006993.0019
2026-07-05121006993.0020
2026-07-06121006993.0021
2026-07-07121006993.0022
2026-07-08121006993.0023
2026-07-09121006993.0024
2026-07-10121006993.0025
2026-07-11121006993.0026

12-Month Market Dynamics & Trend Trajectory

At 235 Grandravine Drive, leasing history is anchored by a lifetime volume of 2 closed transactions. These historical leases achieved an average rent of $1,950 per month, a rate of $2.89 per square foot, an average suite size of 675 square feet, and a lifetime average of 39 days on market, reflecting moderate tenant turnover in the Downsview submarket. Pricing discipline across the building favored prospective renters, with 100% of transactions closing below initial asking prices. Tenants secured an average monthly discount of $100 per month, translating to a 4.88% price reduction and $1,200 in annual tenant savings, highlighting clear landlord concessions and tenant-favorable negotiation leverage.

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)
2026-06-28119006502.9251
2026-07-050N/AN/AN/AN/A
2026-07-12120006992.8627

Nearby Building Rental Comparables & Price Spreads

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

The competitive landscape surrounding 235 Grandravine Drive features a mix of established properties and newer developments across Downsview, anchored by four nearby competitors within a 1.4-kilometer radius. The immediate competitive set includes 5 Frith Condos located 0.84 kilometers away (built in 1971 with 2 active leases), 2825 Jane Street located 0.84 kilometers away (built in 2026 with 0 active listings), Bristol House at 10 Tobermory Drive located 1.28 kilometers away (built in 1977 with 0 active listings), and Parkside Tower at 1450 Sheppard Avenue W located 1.37 kilometers away (completed in 2026 with 0 active listings). This micro-market spans structural generations, contrasting mature residential blocks built in the 1970s against newly constructed modern towers. Evaluating the broader micro-market benchmarks, the overall comparable set demonstrates an average lease rent of $1,800 per month, an average rate of $2.30 per square foot, and an average suite size of 788 square feet. Within this framework, 235 Grandravine Drive (built in 1970) operates as an established 1970-built asset where its age-driven value position is balanced against modern demand. While newer builds like Parkside Tower and 2825 Jane Street introduce contemporary inventory to the submarket, the subject building's established footprint anchors its pricing relative to the wider Downsview benchmark.

5 Frith Road, North York

Avg Asking$1,800/mo
Avg $/SF$2.30
Rent Spread:
N/A

2825 Jane Street, North York

Avg Asking$2,368/mo
Avg $/SF$3.91
Rent Spread:
N/A

10 Tobermory Drive, North York

Avg Asking$2,600/mo
Avg $/SF$2.86
Rent Spread:
N/A

1450 Sheppard Avenue W, North York

Avg Asking$2,695/mo
Avg $/SF$2.84
Rent Spread:
N/A

31 Four Winds Drive, North York

Avg Asking$2,595/mo
Avg $/SF$2.73
Rent Spread:
N/A

3100 Keele Street / 11-15 Maryport Avenue, North York

Avg Asking$2,361/mo
Avg $/SF$3.83
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at 235 Grandravine Drive compare to neighbouring buildings within Downsview?

235 Grandravine Drive achieves an average lease rent of $1,950 per month, trading moderately above the overall comparable average of $1,800 per month across its primary benchmark competitor, 5 Frith Condos. Specifically, 5 Frith Condos located at 5 Frith Road reports an average lease rent of $1,800 per month, operating at an average rate of $2.30 per square foot across an average suite size of 788 square feet. Additional nearby competitors including 2825 Jane Street (2825 Jane Street), Bristol House (10 Tobermory Drive), and Parkside Tower (1450 Sheppard Avenue W) currently report zero active lease transactions in the analyzed period, reflecting limited near-term turnover in those specific towers.

Does 235 Grandravine Drive offer a competitive price-per-square-foot ($/SF) against local comparables?

235 Grandravine Drive positions its value proposition around an average leased rate of $2.89 per square foot across an average suite size of 675 square feet, comparing directly against the overall comp average of $2.30 per square foot and 788 square feet. Renters evaluating the subject building against mature alternatives like 5 Frith Condos (which trades at $2.30 per square foot across 788 square feet) encounter a trade-off: 235 Grandravine Drive features a more compact, efficiently managed layout size averaging 113 fewer square feet than 5 Frith Condos, resulting in a higher rate per square foot that reflects modern interior updates and localized leasing demand rather than oversized historical footprints.

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

235 Grandravine Drive delivers a robust lifestyle and recreational amenity profile tailored to fitness-oriented and security-conscious residents, distinguishing itself from surrounding 1970s stock and modern high-rises alike. The building's signature amenities include Concierge & Security, a Gym & Fitness Centre, a Sauna & Steam Room, a Basketball Court, and a Tennis & Pickleball Court. When contrasted with named competitors, the subject building offers extensive athletic facilities that surpass the basic offerings at Parkside Tower (which provides only Concierge & Security and a Shared Laundry Room) and match the active lifestyle focus found at properties like Bristol House, which features a Gym & Fitness Centre, Indoor Pool, Sauna & Steam Room, and a Pet Wash Station. This amenity package makes 235 Grandravine Drive particularly attractive to active renters and professionals seeking comprehensive recreational infrastructure within a mature Downsview setting.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around 235 Grandravine Drive.

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for 235 Grandravine Drive.

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.