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Market Data as of August 31, 2026

Vox Condominiums — Rental Market Data

28 Wellesley St E, Toronto, Ontario M4Y 0C4
Quick Rent Estimate
Active Suites6 Available
Type
Units
Avg Rent
1-Bedroom
4
$2,233
2-Bedroom
1
$3,300
2-Bedroom + Den
1
$1,300

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2018
Total Suites337
DeveloperCresford Developments

Built by Cresford Developments in 2018 at 28 Wellesley St E, Vox Condominiums is an established residential building in Toronto's Cabbagetown neighborhood containing 337 suites, featuring 6 active listings yielding a tight availability rate of 1.8 percent. The property demonstrates a robust leasing pace defined by 11 transactions over the past 30 days averaging 21 days on the market, alongside 60 closed deals over the last 90 days averaging 30 days on the market.

Active asking rent sits at $2,255 per month with an average rate of $4.63 per square foot across an average footprint of 522 square feet, compared to realized 90-day leases averaging $2,463 per month at $4.97 per square foot across a nearly identical average size of 523 square feet, while the building's active asking rate per square foot trades at a 6.9 percent premium over the broader submarket asking benchmark of $4.33 per square foot.

Marketing friction remains low as unrented units averaged 18 days on the market before withdrawal while active listings command an average of 23 days on the market, backed by a tenant-favorable leasing environment where 41.8 percent of recent leases closed at an average discount of $49 per month or 1.63 percent below asking, offering deep selection primarily in 1-bedroom layouts holding a 66.7 percent inventory share while larger multi-bedroom formats remain severely constrained with single-unit availability.

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Active Rental Inventory & Asking Rates

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

Active Units6
0
Avg Asking Rent$2,255
-$770 (25.5%)
Avg Suite Size522 sf
-94 sf (15.3%)
Avg Days on Market23d
-6d (20.5%)
Avg Asking $/SF$4.63
-$0.38 (7.6%)

Active Market Insights & Questions

How has rental availability changed at Vox Condominiums recently?

Vox Condominiums features 6 active listings as of August 31, 2026, spanning a price range of $1,300 to $3,300 per month with an average asking rent of $2,255 per month and a median asking rent of $2,200 per month. Active inventory averages 522 square feet with an asking rate of $4.63 per square foot, dominated by 1-bedroom floor plans that account for 66.7 percent of available stock, heavily skewing current inventory toward compact, entry-level layouts rather than multi-bedroom executive configurations.

What floor plans and unit layouts are currently available at Vox Condominiums?

1-Bedroom layouts dominate current availability at Vox Condominiums, accounting for 4 active listings representing a 66.7 percent inventory share with an average rent of $2,233 per month, a median of $2,200 per month, an average size of 420 square feet, and an asking rate of $5.34 per square foot. The 2-Bedroom tier provides 1 active listing representing a 16.7 percent share at $3,300 per month across 700 square feet for $4.71 per square foot. The 2-Bedroom + Den tier also provides 1 active listing representing a 16.7 percent share at $1,300 per month across 750 square feet for $1.73 per square foot.

What is the average asking rent and $/SF by suite size at Vox Condominiums?

Vox Condominiums features a minimum entry rent of $1,300 per month and a peak asking rent of $3,300 per month, creating a dollar spread of $2,000 per month or a 153.8 percent spread. Median asking rent rests at $2,200 per month. The entry-level suite consists of a 2-Bedroom + Den layout offering 750 square feet at an asking rate of $1.73 per square foot, whereas the peak suite comprises a 2-Bedroom layout providing 700 square feet at an asking rate of $4.71 per square foot.

How much extra do parking spaces and dens cost at Vox Condominiums?

Active den premium data for Vox Condominiums cannot be isolated due to identical or unquantified square footage deltas across available floor plans. Active parking premium data cannot be reliably isolated due to an anomalous outlier or insufficient paired sample. Verified historical leasing data indicates parking stalls add an average of $328 per month.

How do asking rents at Vox Condominiums compare to local and municipal benchmarks?

Vox Condominiums asks an average rent of $2,255 per month at $4.63 per square foot, contrasting against the wider Cabbagetown submarket asking benchmark of $3,178 per month at $4.33 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, with the building's asking rate per square foot trading 6.9 percent above the submarket asking benchmark while representing 5.7 percent of total submarket active 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 Vox Condominiums (Data period: For the month of August 2026).

Units Leased11
Avg Leased Price$2,841
Avg Leased Size523 sf
Avg Days to Lease21d
Leased $/SF$4.88

Leased Transaction Insights & Questions

How many suites were leased at Vox Condominiums last month, and how fast did they rent?

At Vox Condominiums, leasing velocity over the last 30 days recorded an average of 21 days on market, compared to 30 days over the trailing 90-day window and a 22-day benchmark across the Cabbagetown submarket. Closed lease counts tracked 11 deals over the past 30 days, expanding from 60 transactions across the 90-day window to 67 total historical leases, demonstrating steady seasonal turnover through the summer months.

What is the negotiation spread between asking rents and closed lease prices at Vox Condominiums?

At Vox Condominiums, tenants successfully secured an average discount of $49 per month, representing a 1.63% reduction below initial asking prices and generating annual tenant savings of $588 per year. Approximately 41.8% of historical leases closed below asking price, reinforcing a tenant-favorable leasing environment where prospective renters maintained modest pricing leverage.

What are typical executed lease prices across different layouts at Vox Condominiums?

At Vox Condominiums, 1-Bedroom and 2-Bedroom floor plans anchor market volume with 27 closed leases each. 1-Bedroom suites averaged $2,190 per month, with a median of $2,150 per month, a P25-P75 range of $2,150 to $2,225 per month, an average size of 423 square feet, $5.28 per square foot, and 24 days on market across a statistically robust sample. 2-Bedroom suites averaged $3,096 per month, with a median of $3,100 per month, a P25-P75 range of $2,925 to $3,262 per month, an average size of 678 square feet, $4.57 per square foot, and 41 days on market across a statistically robust sample. Studio units recorded 12 closed leases averaging $1,959 per month, with a median of $1,975 per month, a P25-P75 range of $1,858 to $2,000 per month, an average size of 399 square feet, $4.91 per square foot, and 16 days on market across a statistically robust sample. 3-Bedroom+ suites recorded 1 closed lease averaging $4,600 per month, with a median of $4,600 per month, a P25-P75 range of $4,600 to $4,600 per month, and 24 days on market (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Vox Condominiums?

At Vox Condominiums, verified historical parking premiums averaged $328 per month when itemized separately in lease agreements. Parking stalls are frequently bundled directly into larger two-bedroom configurations rather than brokered as standalone amenities. Active asking data contained insufficient paired samples to isolate current parking rates independently.

How does the lease-to-listing ratio at Vox Condominiums reflect current tenant demand?

At Vox Condominiums, monthly rent averages followed a fluctuating trajectory through the spring and summer leasing cycle. April recorded 1 closed deal averaging $3,100 per month at $4.77 per square foot with 9 days on market. May saw 6 closed deals averaging $3,323 per month at $4.39 per square foot with 24 days on market. June registered 17 closed deals averaging $2,274 per month at $4.73 per square foot with 41 days on market. July achieved peak volume with 32 closed deals averaging $2,434 per month at $5.13 per square foot with 28 days on market. August closed 11 deals averaging $2,841 per month at $4.88 per square foot with 21 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$1,500
Avg Suite Size750 sf
Avg Days on Market18d
Delisted $/SF$2.00

De-Listed Market Analysis & Questions

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

At Vox Condominiums, a total of 1 unit was delisted, representing a delisted-to-lifetime-leased ratio of 1.5% and a delisted-to-30-day-leased ratio of 9.1%. This unrented listing consisted entirely of 1 terminated unit, with zero expired or suspended listings recorded. This minor removal volume equates to roughly 1 pulled listing for every 67 successful leases.

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

At Vox Condominiums, unrented units asked $1,341 per month below realized leases nominally due to smaller average floor plans, but commanded a lower rate per square foot ($2.00 per square foot vs $4.92 per square foot all-time average), reflecting extreme discounting on withdrawn inventory rather than higher density rate-per-square-foot pricing.

What market friction causes rental listings to stall or de-list at Vox Condominiums?

At Vox Condominiums, delisted units averaged 18 days on market prior to withdrawal, compared to 29 days for successfully realized leases. Because unrented listings were pulled faster than the average leasing timeline, zero excess marketing days accrued to generate vacancy carry costs.

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)
2026-04-271726596134.6023
2026-04-281826366024.6623
2026-04-291826366024.6624
2026-04-301826366024.6625
2026-05-011926185914.7224
2026-05-021926185914.7225
2026-05-032026285944.7025
2026-05-042026285944.7026
2026-05-052026285944.7027
2026-05-062226565994.6826
2026-05-072226565994.6827
2026-05-082126115874.7028
2026-05-092126115874.7029
2026-05-102126115874.7030
2026-05-112126115874.7031
2026-05-122225935794.7431
2026-05-132225935794.7432
2026-05-142225935794.7433
2026-05-152225935794.7434
2026-05-162225935794.7435
2026-05-172225935794.7436
2026-05-182325785714.7835
2026-05-192225595654.8037
2026-05-202225045824.4636
2026-05-212225045824.4637
2026-05-222225045824.4638
2026-05-232225045824.4639
2026-05-242124855784.4641
2026-05-251924765794.4543
2026-05-262024605704.5042
2026-05-272024185574.5442
2026-05-282024185574.5443
2026-05-292124195504.6040
2026-05-302124195504.6041
2026-05-312223905434.5940
2026-06-012324775284.8034
2026-06-022325065394.7533
2026-06-032425245444.7433
2026-06-042425245444.7434
2026-06-052425245444.7435
2026-06-062425245444.7436
2026-06-072325195394.7836
2026-06-082325195394.7837
2026-06-092325195394.7838
2026-06-102325195394.7839
2026-06-112624675234.8336
2026-06-122624985294.8534
2026-06-132525125244.9136
2026-06-142525125244.9137
2026-06-152425255294.8938
2026-06-162325415354.8640
2026-06-172325415354.8641
2026-06-182425815404.8940
2026-06-192326005414.9139
2026-06-202226165484.8840
2026-06-212226165484.8841
2026-06-222325895414.8840
2026-06-232325965414.9040
2026-06-242325965414.9041
2026-06-251926395444.9439
2026-06-261926395444.9440
2026-06-271826175384.9438
2026-06-281925955314.9737
2026-06-291925955314.9738
2026-06-301826145384.9439
2026-07-011726565464.9542
2026-07-021726215315.0238
2026-07-031526305335.0237
2026-07-041426615434.9940
2026-07-051426615434.9941
2026-07-061426045255.0540
2026-07-071226175255.0730
2026-07-081326855355.1228
2026-07-091226835255.2227
2026-07-101326505155.2522
2026-07-111326505155.2523
2026-07-121226925255.2423
2026-07-131326315155.2022
2026-07-141226585255.1525
2026-07-151328775815.0423
2026-07-161030006105.0130
2026-07-17930896334.9533
2026-07-181029806104.9631
2026-07-191129055914.9929
2026-07-201129055914.9930
2026-07-211228465755.0428
2026-07-221129095915.0132
2026-07-23929616064.9721
2026-07-24930006065.0722
2026-07-25930006065.0723
2026-07-26829386005.0322
2026-07-27828315695.1421
2026-07-28828315695.1422
2026-07-29828315695.1423
2026-07-30630086254.9331
2026-07-31630256165.0129
2026-08-01729796214.8926
2026-08-02827696374.5024
2026-08-03827696374.5025
2026-08-04827696374.5026
2026-08-05827696374.5027
2026-08-06826196504.2327
2026-08-07824696134.3127
2026-08-08824696134.3128
2026-08-09725076434.1333
2026-08-10623426254.0526
2026-08-11623426254.0527
2026-08-12623426254.0528
2026-08-13623426254.0529
2026-08-14623426254.0530
2026-08-15623426254.0531
2026-08-16521205903.9925
2026-08-17521205903.9926
2026-08-18721145364.3520
2026-08-19822565634.3518
2026-08-20822565634.3519
2026-08-21923835724.4517
2026-08-22722715714.2823
2026-08-23722715714.2824
2026-08-24624005424.6626
2026-08-25622005004.7021
2026-08-26622005004.7022
2026-08-27519604704.6026
2026-08-28519604704.6027
2026-08-29722045044.6520
2026-08-30622555224.6322
2026-08-31622555224.6323

12-Month Market Dynamics & Trend Trajectory

Vox Condominiums has established a reliable leasing history backed by 67 lifetime transactions across the building's operational timeline. Realized lease averages sit at $2,550 per month, achieving $4.92 per square foot across an average suite size of 523 square feet with a lifetime average marketing time of 29 days, indicating consistent and fluid tenant turnover in the Cabbagetown submarket. Pricing discipline at the property reflects a balanced negotiation dynamic between landlords and incoming renters. Approximately 41.8% of historical transactions closed below asking price, yielding an average tenant discount of $49 per month or 1.63% below initial rates, which generated collective annual tenant savings of $588 per year.

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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
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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)
2026-05-03136008504.2412
2026-05-100N/AN/AN/AN/A
2026-05-17238005438.1227
2026-05-24329136504.4826
2026-05-310N/AN/AN/AN/A
2026-06-07522825504.2026
2026-06-14421754245.1849
2026-06-21723295104.7247
2026-06-28623674815.0042
2026-07-05724575074.9150
2026-07-121022754255.388
2026-07-19423694635.1544
2026-07-26627505425.1913
2026-08-02230506744.516
2026-08-09228505755.0842
2026-08-16428505885.0718
2026-08-23231006504.7724
2026-08-30118504004.6312

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Vox Condominiums.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Games & Billiards Room
  • Library & Reading Room
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Dining Room & Kitchen
  • Music Room
  • Indoor Pool
  • BBQ Area

Data Methodology & Analytical Standards

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

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.