Dundas Square Gardens — Rental Market Data

At Dundas Square Gardens, leasing velocity registered an average of 35 days on market over the past 30 days, 31 days over the past 90 days, and a submarket benchmark of 24 days. Leasing turnover accelerated over the summer months, scaling from 5 closed deals in April to 23 in May, 16 in June, 29 in July, and peaking at 33 closed leases in August. Lifetime closed leasing volume reached 106 transactions, demonstrating robust ongoing absorption across the building.

At Dundas Square Gardens, transactions settled at an average discount of $9 per month off asking, representing a 0.26% reduction below asking price and delivering $108 in annual tenant savings. Exactly 27.4% of all closed leases secured landlord concessions below asking price, reflecting persistent tenant leverage during the leasing cycle. This indicates minor pricing flexibility from landlords rather than upper-hand pricing power.

At Dundas Square Gardens, the two highest-volume anchor layouts are 2-Bedroom suites averaging $2,462 per month with an average DOM of 32 days, and Studio units averaging $1,795 per month with a 21-day average DOM. Studio units represent 27 closed leases with a median of $1,800 per month, a P25-P75 range of $1,700 to $1,850 per month, an average size of 397 square feet, a rate of $4.52 per square foot, and an average DOM of 21 days across a robust sample. 1-Bedroom units account for 19 closed leases averaging $1,939 per month, a median of $1,950 per month, a P25-P75 range of $1,850 to $2,000 per month, an average size of 470 square feet, a rate of $4.20 per square foot, and an average DOM of 24 days in a robust sample. 1-Bedroom + Den configurations total 24 closed leases averaging $2,210 per month, a median of $2,150 per month, a P25-P75 range of $2,100 to $2,212 per month, an average size of 546 square feet, a rate of $4.08 per square foot, and an average DOM of 39 days within a robust sample. 2-Bedroom suites account for 29 closed leases averaging $2,462 per month, a median of $2,450 per month, a P25-P75 range of $2,350 to $2,500 per month, an average size of 573 square feet, a rate of $4.30 per square foot, and an average DOM of 32 days in a robust sample. 2-Bedroom + Den layouts represent 6 closed leases averaging $2,883 per month, a median of $2,925 per month, a P25-P75 range of $2,825 to $2,950 per month, an average size of 717 square feet, a rate of $4.05 per square foot, and an average DOM of 29 days in a moderate sample. 3-Bedroom+ configurations represent an individual single deal of 1 closed lease at $3,000 per month, a median of $3,000 per month, a P25-P75 range of $3,000 to $3,000 per month, an average size of 750 square feet, a rate of $4.00 per square foot, and an average DOM of 6 days (note that this represents an individual transaction rather than a broad statistical benchmark).

At Dundas Square Gardens, realized leased parking commanded a verified premium of $337 per month. Parking stalls are typically bundled into larger multi-bedroom suite agreements or negotiated as separate line items. Active asking parking rates currently stand at a verified $135 per month for available stalls.

At Dundas Square Gardens, average monthly rents climbed steadily from $1,890 per month in April to $2,254 per month by August. In April 2026, 5 units closed at an average rent of $1,890 per month, a rate of $4.05 per square foot, and an average DOM of 14. In May 2026, 23 units closed at an average rent of $2,130 per month, a rate of $4.42 per square foot, and an average DOM of 27. In June 2026, 16 units closed at an average rent of $2,150 per month, a rate of $4.23 per square foot, and an average DOM of 25. In July 2026, 29 units closed at an average rent of $2,167 per month, a rate of $4.28 per square foot, and an average DOM of 29. In August 2026, 33 units closed at an average rent of $2,254 per month, a rate of $4.22 per square foot, and an average DOM of 35.