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Market Data as of August 31, 2026

Yonge + Rich — Rental Market Data

25 Richmond St E/20-22 Lombard St, Toronto, Ontario M5C 0A6
Quick Rent Estimate
Active Suites5 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,250
1-Bedroom + Den
1
$2,450
2-Bedroom
1
$5,995
2-Bedroom + Den
1
$3,750

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2021
Total Suites694
DeveloperGreat Gulf Homes

Developed by Great Gulf Homes, Yonge + Rich stands at 25 Richmond St E/20-22 Lombard St in Toronto's Downtown Core. Completed in 2021, the 694-suite residential high-rise maintains 5 active listings, yielding an availability rate of 0.7 percent. Over the trailing 90 days, the building recorded 31 closed transactions with an average of 17 days on market, alongside 12 closed transactions over the past 30 days with an average of 17 days on market.

Current active listings command an average asking rent of $3,339 per month at an average rate of $4.70 per square foot, tracking above the realized 90-day average lease rate of $2,584 per month and $4.48 per square foot. Active suites average 728 square feet compared to an all-time historical average of 590 square feet, reflecting current inventory that skews toward larger multi-bedroom formats. The building's active rate of $4.70 per square foot exceeds the broader Downtown Core submarket asking benchmark of $4.56 per square foot by 3.1 percent.

Marketing friction remains low, evidenced by active listings sitting for an average of 13 days, while historical transactions show a tenant-favorable leasing environment where 27.3 percent of leases closed below asking with an average tenant discount of $30 per month or 1.09 percent below asking. Prospective tenants will find the deepest inventory within 1-Bedroom layouts holding a 40 percent share, while 1-Bedroom + Den, 2-Bedroom, and 2-Bedroom + Den configurations offer strictly limited single-listing availability.

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Active Rental Inventory & Asking Rates

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

Active Units5
+1 (25.0%)
Avg Asking Rent$3,339
+$702 (26.6%)
Avg Suite Size728 sf
+154 sf (26.7%)
Avg Days on Market13d
-3d (16.2%)
Avg Asking $/SF$4.70
+$0.05 (1.1%)

Active Market Insights & Questions

How has rental availability changed at Yonge + Rich recently?

Yonge + Rich features 5 active listings as of August 31, 2026, spanning a price range of $2,200 to $5,995 per month, an average asking rent of $3,339 per month, and a median asking rent of $2,450 per month. Active suites average 728 square feet with an average asking rate of $4.70 per square foot. 1-Bedroom suites claim the dominant share of active inventory at 40 percent, skewing current availability toward compact entry-level footprints alongside select multi-bedroom options.

What floor plans and unit layouts are currently available at Yonge + Rich?

The dominant active layout at Yonge + Rich is the 1-Bedroom tier, accounting for 2 units and a 40 percent share of current inventory. The 1-Bedroom tier averages $2,250 per month across 439 square feet at $5.18 per square foot. The building also features a single 1-Bedroom + Den suite asking $2,450 per month across 568 square feet at $4.31 per square foot, a single 2-Bedroom suite asking $5,995 per month across 1,300 square feet at $4.61 per square foot, and a single 2-Bedroom + Den suite asking $3,750 per month across 894 square feet at $4.19 per square foot.

What is the average asking rent and $/SF by suite size at Yonge + Rich?

Yonge + Rich displays a minimum entry rent of $2,200 per month and a peak asking rent of $5,995 per month, creating a dollar spread of $3,795 or 172.5 percent. The median asking rent sits at $2,450 per month. The entry-level suite consists of a 1-Bedroom layout spanning 477 square feet at an asking rate of $4.61 per square foot, contrasted against the peak suite which is a 2-Bedroom layout spanning 1,300 square feet at an asking rate of $4.61 per square foot.

How much extra do parking spaces and dens cost at Yonge + Rich?

Yonge + Rich features an active den premium of $200 per month paired with a square footage delta of 130 square feet. This yields a marginal cost of $1.54 per square foot for the extra den space. Active parking stall costs cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at Yonge + Rich compare to local and municipal benchmarks?

Yonge + Rich asks an average rent of $3,339 per month at $4.70 per square foot, comparing to the Downtown Core submarket asking benchmark of $3,471 per month and $4.56 per square foot. While nominal monthly rent sits below the submarket average due to varied suite sizing, the building's rate of $4.70 per square foot represents a 3.1 percent premium over submarket asking benchmarks, backed by 5 active listings representing 2.2 percent of submarket inventory.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Yonge + Rich (Data period: For the month of August 2026).

Units Leased12
Avg Leased Price$2,625
Avg Leased Size590 sf
Avg Days to Lease17d
Leased $/SF$4.73

Leased Transaction Insights & Questions

How many suites were leased at Yonge + Rich last month, and how fast did they rent?

At Yonge + Rich, the 30-day average days on market is 17 days, the 90-day average days on market is 17 days, and the Downtown Core submarket benchmark is 21 days. Over the tracked lifecycle, closed lease volumes expanded from 4 deals in April to 12 deals in August, demonstrating accelerating leasing turnover during the peak summer rental season.

What is the negotiation spread between asking rents and closed lease prices at Yonge + Rich?

At Yonge + Rich, transactions settled with an average discount of $30 per month off asking, representing a 1.09% concession below asking and delivering $360 in annual tenant savings. Exactly 27.3% of leases closed under asking, reflecting tenant-favorable leverage where prospective renters successfully negotiated minor price concessions.

What are typical executed lease prices across different layouts at Yonge + Rich?

The two highest-volume anchor layouts at Yonge + Rich are the 1-Bedroom + Den (18 closed leases, average monthly rent of $2,393 per month, average days on market of 21) and the 1-Bedroom (17 closed leases, average monthly rent of $2,231 per month, average days on market of 16). The 1-Bedroom + Den tier reports a median monthly rent of $2,375 per month, a P25-P75 range of $2,300 to $2,488 per month, an average size of 578 square feet, and a rate of $4.16 per square foot, serving as a robust benchmark. The 1-Bedroom tier reports a median monthly rent of $2,200 per month, a P25-P75 range of $2,200 to $2,300 per month, an average size of 475 square feet, and a rate of $4.78 per square foot. The 2-Bedroom + Den tier represents 5 closed leases with an average monthly rent of $3,410 per month, a median of $3,400 per month, a P25-P75 range of $3,300 to $3,500 per month, an average size of 850 square feet, a rate of $4.04 per square foot, and an average days on market of 23, serving as a statistically robust benchmark. The 2-Bedroom tier accounts for 4 closed leases with an average monthly rent of $3,163 per month, a median of $3,400 per month, a P25-P75 range of $3,062 to $3,500 per month, an average size of 800 square feet, a rate of $3.93 per square foot, and an average days on market of 20, providing a limited sample size directional reference.

What measurable rent premium did suites with parking achieve in closed leases at Yonge + Rich?

At Yonge + Rich, paired parking data was insufficient to isolate a discrete monthly parking premium for closed leases. Suite bundling patterns indicate that parking stalls are typically included in larger 2-bedroom floor plans while remaining unbundled or absent in compact 1-bedroom configurations. Active asking parking rates similarly lack sufficient paired samples to reliably quote isolated stall values.

How does the lease-to-listing ratio at Yonge + Rich reflect current tenant demand?

At Yonge + Rich, overall monthly rent followed an upward trajectory as the spring leasing market transitioned into peak summer demand. In April 2026, 4 deals closed at an average rent of $2,238 per month, a rate of $4.26 per square foot, and 13 days on market. In May 2026, 8 deals closed at an average rent of $2,406 per month, a rate of $3.95 per square foot, and 29 days on market. In June 2026, 9 deals closed at an average rent of $2,392 per month, a rate of $4.62 per square foot, and 22 days on market. In July 2026, 11 deals closed at an average rent of $2,680 per month, a rate of $4.09 per square foot, and 13 days on market. In August 2026, 12 deals closed at an average rent of $2,625 per month, a rate of $4.73 per square foot, and 17 days on market.

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
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Chart Metrics
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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)
2026-04-27625676344.0516
2026-04-28625676344.0517
2026-04-29625676344.0518
2026-04-30924445814.2713
2026-05-01924445814.2714
2026-05-02924445814.2715
2026-05-03924445814.2716
2026-05-04824755954.2318
2026-05-05924765974.2017
2026-05-061024685894.2516
2026-05-071225405954.3514
2026-05-081125665994.3814
2026-05-091125665994.3815
2026-05-101125665994.3816
2026-05-111125665994.3817
2026-05-121025936044.4018
2026-05-131025936044.4019
2026-05-141025936044.4020
2026-05-15924985764.4320
2026-05-16924985764.4321
2026-05-17924985764.4322
2026-05-18924985764.4323
2026-05-191024585594.5122
2026-05-201024505524.5521
2026-05-211024505524.5522
2026-05-221024505374.7021
2026-05-231024505374.7022
2026-05-241024505374.7023
2026-05-25924225244.7623
2026-05-26824505404.6725
2026-05-27724715454.6317
2026-05-28724715454.6318
2026-05-29724715454.6319
2026-05-30724715454.6320
2026-05-31724715454.6321
2026-06-01724255294.7118
2026-06-02624465254.8015
2026-06-03524955204.9618
2026-06-04425195135.1120
2026-06-05425195135.1121
2026-06-06624635254.8315
2026-06-07624635254.8316
2026-06-08624635254.8317
2026-06-09624635254.8318
2026-06-10728765375.4915
2026-06-11728765375.4916
2026-06-12629725355.7118
2026-06-13629725355.7119
2026-06-14629725355.7120
2026-06-15531265625.7621
2026-06-16531265625.7622
2026-06-17433586035.8217
2026-06-18433586035.8218
2026-06-19433586035.8219
2026-06-20433586035.8220
2026-06-21531265815.5516
2026-06-22531265815.5517
2026-06-23433085895.8519
2026-06-24332105026.3810
2026-06-25531065715.567
2026-06-26630305845.317
2026-06-27630305845.318
2026-06-28630305845.319
2026-06-29630305845.3110
2026-06-30630305845.3111
2026-07-01729475755.2310
2026-07-02729475755.2311
2026-07-03830166225.0310
2026-07-04830166225.0311
2026-07-05830166225.0312
2026-07-061029736374.8311
2026-07-07930486414.9512
2026-07-08830796574.9012
2026-07-09830337434.116
2026-07-10731517794.065
2026-07-11632938004.146
2026-07-12632938004.147
2026-07-13632938004.148
2026-07-14632938004.149
2026-07-15632938004.1410
2026-07-16731917644.2210
2026-07-17731917644.2211
2026-07-18830867404.2110
2026-07-19830867404.2111
2026-07-20830867404.2112
2026-07-21829747064.2411
2026-07-22729166854.2812
2026-07-23627886584.2713
2026-07-24627886584.2714
2026-07-25727696574.2513
2026-07-26628476754.2613
2026-07-27626305834.5610
2026-07-28626305834.5611
2026-07-29526265694.6514
2026-07-30526265694.6515
2026-07-31426385744.6516
2026-08-01426385744.6517
2026-08-02426385744.6518
2026-08-03525705394.8715
2026-08-04525705394.8716
2026-08-05726645644.8912
2026-08-06925785444.8910
2026-08-07927225944.7310
2026-08-08927225944.7311
2026-08-09927225944.7312
2026-08-10927225944.7313
2026-08-11925945614.7513
2026-08-12724935574.6011
2026-08-13426385954.5710
2026-08-14533097364.589
2026-08-15533097364.5810
2026-08-16631667084.549
2026-08-17829566594.538
2026-08-18730356714.596
2026-08-19831246994.546
2026-08-20730716774.606
2026-08-21730716774.607
2026-08-22730716774.608
2026-08-23829746424.748
2026-08-24829746424.749
2026-08-25730646564.819
2026-08-26730646564.8110
2026-08-27631666734.8712
2026-08-28631666734.8713
2026-08-29533397284.7011
2026-08-30533397284.7012
2026-08-31533397284.7013

12-Month Market Dynamics & Trend Trajectory

Yonge + Rich has established a reliable historical leasing record across 44 total transactions in the Downtown Core submarket. Closed leases achieved an all-time average rent of $2,516 per month, a rate of $4.37 per square foot, and an average suite size of 590 square feet with an average days on market of 19, reflecting steady tenant turnover and strong downtown demand. Pricing discipline at the property favored minor rent negotiations rather than aggressive landlord premiums. Transaction distribution shows that 27.3% of leases closed under asking, securing an average tenant discount of $30 per month or $360 in annual savings, while the remaining inventory transacted at asking parity.

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
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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)
2026-05-03221505154.1916
2026-05-10227757004.0024
2026-05-17223005843.9419
2026-05-24224006523.6858
2026-05-31323335394.3416
2026-06-07221884754.688
2026-06-14222004005.5036
2026-06-21228757004.1033
2026-06-280N/AN/AN/AN/A
2026-07-05523905824.1511
2026-07-120N/AN/AN/AN/A
2026-07-19233008503.8814
2026-07-26427336754.1316
2026-08-02122004005.5011
2026-08-09627175864.7617
2026-08-16229507154.1321
2026-08-23323675004.8317

Nearby Building Rental Comparables & Price Spreads

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

Yonge + Rich at 25 Richmond St E/20-22 Lombard St anchors its competitive micro-market alongside four distinct nearby competitor buildings, led by The Victorian (Downtown East) at 105 Victoria St located 0.04 kilometers away with a 1997 completion year and 6 active listings. Additional immediate peers include Indigo at 50 Lombard St (0.1 kilometers away, built in 1993, 1 active listing), Spire at 33 Lombard St (0.15 kilometers away, built in 2007, 11 active listings), and Five Condos at 105 Yonge Street (0.16 kilometers away, built in 2016, 1 active listing). This competitive set spans multiple structural generations, contrasting mature 1990s high-rises with mid-2000s developments and newer modern builds. Positioned firmly within this downtown core ecosystem, Yonge + Rich balances modern scale against established inventory, commanding an overall benchmark comparison where the macro competitive set averages $2,825 per month at $3.82 per square foot across an average suite size of 741 square feet. Yonge + Rich trades at a higher rate per square foot relative to the broader comp average due to its 2021 completion year, contemporary finish levels, and premium location, capturing strong tenant demand for modern urban floor plans.

105 Victoria St, Toronto

Avg Asking$2,196/mo
Avg $/SF$3.38
Rent Spread:
-$1,143/mo (-34.2%) Lower
Indigo99 m

50 Lombard St, Toronto

Avg Asking$3,333/mo
Avg $/SF$3.70
Rent Spread:
-$6/mo (-0.2%) Lower
Spire154 m

33 Lombard St, Toronto

Avg Asking$4,126/mo
Avg $/SF$5.63
Rent Spread:
+$787/mo (+23.6%) Higher

105 Yonge Street, Toronto

Avg Asking$2,300/mo
Avg $/SF$4.18
Rent Spread:
-$1,039/mo (-31.1%) Lower

89 Church Street, Toronto

Avg Asking$2,865/mo
Avg $/SF$4.25
Rent Spread:
-$474/mo (-14.2%) Lower

197 Yonge St, Toronto

Avg Asking$2,542/mo
Avg $/SF$4.40
Rent Spread:
-$797/mo (-23.9%) Lower

Comparable Analysis & Questions

How do rental rates at Yonge + Rich compare to neighbouring buildings within Downtown Core?

Yonge + Rich records an average lease rent of $2,516 per month, comparing directly against the overall competitor average of $2,825 per month across key benchmarks including The Victorian (Downtown East), Indigo, Spire, and Five Condos. The Victorian (Downtown East) at 105 Victoria St reports an average lease rent of $2,196 per month at $3.38 per square foot across an average square footage of 650 square feet. Indigo at 50 Lombard St registers an average lease rent of $3,400 per month at $3.58 per square foot across an average of 950 square feet. Spire at 33 Lombard St logs an average lease rent of $3,405 per month at $4.15 per square foot across an average of 814 square feet. Five Condos at 105 Yonge Street posts an average lease rent of $2,300 per month at $4.18 per square foot across an average of 550 square feet.

Does Yonge + Rich offer a competitive price-per-square-foot ($/SF) against local comparables?

Yonge + Rich establishes its value proposition through a realized lease rate averaging $4.37 per square foot across an average size of 590 square feet, positioning it competitively against older, larger footprints in the downtown core. Renters at Yonge + Rich trade off the expansive, lower rate per square foot found in older alternative buildings—such as Indigo's 950-square-foot suites at $3.58 per square foot—in exchange for superior layout efficiency, modern mechanical systems, reduced utility burdens, and contemporary interior finishes. Meanwhile, compact modern alternatives like Five Condos offer 550 square feet at $4.18 per square foot, while Spire provides 814 square feet at $4.15 per square foot, and The Victorian (Downtown East) offers 650 square feet at $3.38 per square foot.

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

Yonge + Rich delivers a robust, resort-style lifestyle and amenity profile that outpaces many surrounding historical competitors in the downtown core. The building features 14 signature amenities, prominently including an outdoor pool, a hot tub and jacuzzi, a dedicated yoga studio, a comprehensive gym and fitness centre, and a sprawling rooftop terrace, offering significantly greater variety than older peers like The Victorian (Downtown East), which features a more limited package of 6 amenities including a gym, party room, meeting room, BBQ area, and rooftop terrace. Similarly, Spire provides 8 amenities including a gym, yoga studio, sauna, party room, meeting room, rooftop terrace, and BBQ area, while Indigo includes 11 amenities such as a gym, sauna, rooftop terrace, party room, games room, meeting room, media room, library, hot tub, and BBQ area. This extensive amenity infrastructure makes Yonge + Rich particularly attractive to young professionals and lifestyle-driven urban renters seeking comprehensive on-site wellness and entertainment options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Yonge + Rich.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Library & Reading Room
  • Dining Room & Kitchen
  • Outdoor Pool
  • Hot Tub & Jacuzzi
  • BBQ Area
  • Rooftop Terrace

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Yonge + Rich.

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.