Market Data as of August 31, 2026
Arc Condominiums — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Arc Condominiums at 2885 Bayview Ave in North York's Don Valley North submarket is a 447-suite residential building completed in 2009 by Daniels Corporation, with four units currently listed for rent as of August 31, 2026, representing a 0.9 percent availability rate. Recent leasing activity shows one closed lease in the trailing 30 days at an average of $2,550 per month with a six-day time to lease, and nine closed leases over the past 90 days averaging $2,317 per month with a 21-day average days on market.
Active asking rents at Arc Condominiums average $2,320 per month at $4.05 per square foot across an average 588-square-foot suite, which is a higher rate per square foot than the 90-day realized lease average of $3.70 per square foot despite the current listings carrying a more compact footprint than the all-time lease average of 616 square feet. Against the Don Valley North submarket asking benchmark of $3.93 per square foot, Arc's active inventory commands a 3.1 percent premium on a per-square-foot basis while its nominal monthly rent sits below the submarket average asking rent of $2,608 per month, a gap explained by the smaller suite sizes currently on the market.
Marketing friction at Arc Condominiums is low, with active listings averaging 12 days on market compared to the submarket benchmark of 29 days, and the single 30-day closed lease leasing in just six days. Across all 16 tracked historical leases, tenants negotiated an average concession of $34 per month, or 1.46 percent below asking, with 50 percent of deals closing under the initial ask, saving renters approximately $408 per year. Active inventory depth is limited: three one-bedroom units provide a small selection for entry-level seekers, while the single one-bedroom-plus-den listing at 650 square feet represents a one-of-a-kind executive option with no comparable alternative currently available.
Get Monthly Rental Market Updates for Arc Condominiums
Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.
Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Arc Condominiums as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Arc Condominiums recently?
Arc Condominiums has four active rental listings as of August 31, 2026, with asking rents ranging from $2,000 to $2,580 per month, an average of $2,320 per month, and a median of $2,350 per month. The average active suite measures 588 square feet at an asking rate of $4.05 per square foot, and the inventory is dominated by one-bedroom layouts at 75 percent of available units. Current listings lean toward compact entry-level one-bedroom suites rather than multi-bedroom executive configurations, with the sole den-equipped unit representing the upper end of the offering.
What floor plans and unit layouts are currently available at Arc Condominiums?
The dominant active layout at Arc Condominiums is the one-bedroom, with three units representing 75 percent of available inventory at an average asking rent of $2,233 per month across 567 square feet and a rate of $4.08 per square foot. The one-bedroom-plus-den tier holds a single listing at 25 percent share, asking $2,580 per month for 650 square feet at $3.97 per square foot. Renters seeking a den-equipped layout face a single-unit constraint with no alternative den configurations currently on the market.
What is the average asking rent and $/SF by suite size at Arc Condominiums?
Arc Condominiums offers an active asking rent range from $2,000 to $2,580 per month, a dollar spread of $580 and a percentage spread of 29 percent. The median asking rent sits at $2,350 per month, anchoring the mid-range of the four available units. The entry-level suite is a one-bedroom at 400 square feet asking $2,000 per month at $5.00 per square foot, while the peak listing is a one-bedroom-plus-den at 650 square feet asking $2,580 per month at $3.97 per square foot, reflecting a larger footprint at a lower per-square-foot rate.
How much extra do parking spaces and dens cost at Arc Condominiums?
Arc Condominiums carries an active den premium of $347 per month for an additional 83 square feet of den space, equating to a marginal cost of $4.18 per square foot for the extra room. Verified parking at the building is priced at $350 per month, a confirmed add-on cost for renters requiring a dedicated stall.
How do asking rents at Arc Condominiums compare to local and municipal benchmarks?
Arc Condominiums asks an average of $2,320 per month at $4.05 per square foot, compared to the Don Valley North submarket average asking rent of $2,608 per month at $3.93 per square foot. The building's nominal rent is lower than the submarket average because active suites average 588 square feet versus the broader market's larger footprints, while the per-square-foot rate runs 3.1 percent above the submarket asking benchmark. Arc Condominiums accounts for four out of 225 available listings in the Don Valley North submarket, representing a 1.8 percent share of total 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 Arc Condominiums (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Arc Condominiums last month, and how fast did they rent?
Arc Condominiums at 2885 Bayview Ave closed one lease in the trailing 30 days with a 6-day DOM, compared to a 21-day average across nine closings in the 90-day window and a 29-day submarket benchmark. The 90-day pace of nine leases against a lifetime total of sixteen signals a meaningful acceleration in leasing turnover over the past quarter. The single August closing at 6 days on market suggests residual demand is clearing quickly, though volume remains thin relative to the 447-suite inventory.
What is the negotiation spread between asking rents and closed lease prices at Arc Condominiums?
Arc Condominiums tenants negotiated an average discount of $34 per month (1.46% below asking), translating to $408 in annual savings per unit across tracked leases. Exactly 50.0% of the sixteen recorded transactions closed under the listed asking price, confirming consistent tenant leverage in this submarket. Landlords at Arc are conceding on price rather than holding firm, and the tenant-favorable spread reflects a market where asking rents slightly outpace what renters will commit to.
What are typical executed lease prices across different layouts at Arc Condominiums?
The 1-Bedroom + Den layout dominates Arc Condominiums leasing with nine closed leases averaging $2,458 per month and a 15-day DOM, while the standard 1-Bedroom tier accounts for three leases at $2,275 per month with a 38-day DOM. The 1-Bedroom + Den tier (moderate sample of nine) shows a median of $2,450, a P25-P75 range of $2,375 to $2,550, an average size of 672 square feet at $3.66 per square foot. The 1-Bedroom tier is a limited sample of three leases (directional indicator only), with a median of $2,275, a P25-P75 range of $2,262 to $2,288, an average size of 617 square feet at $3.71 per square foot. Studios represent a small sample of three leases (directional indicator only), averaging $1,927 per month with a median of $1,980, a P25-P75 range of $1,890 to $1,990, an average size of 400 square feet at $4.82 per square foot, and a 26-day DOM. The single 2-Bedroom + Den closing is an individual transaction, not a statistical benchmark: one lease at $3,100 per month for 750 square feet at $4.13 per square foot with a 52-day DOM.
What measurable rent premium did suites with parking achieve in closed leases at Arc Condominiums?
Arc Condominiums carries a verified leased parking premium of $110 per month bundled into realized lease agreements. Active listings at the building ask a verified $350 per month for parking, a $240 gap between what tenants are currently paying and what landlords are requesting. The wide spread suggests landlords are testing higher parking rates on new leases while existing tenants remain locked into the lower $110 carry, creating an opportunity for incoming renters to negotiate the parking component downward.
How does the lease-to-listing ratio at Arc Condominiums reflect current tenant demand?
Arc Condominiums rents followed a volatile path from April through August 2026, swinging between $2,150 and $2,550 per month across sixteen total closings. April saw one lease at $2,500 per month ($3.85 per square foot, 14-day DOM). May closed four leases at $2,270 per month but at a higher $4.31 per square foot—the nominal drop reflects compact suite footprints rather than property devaluation, with a 10-day DOM. June produced the heaviest volume at seven leases averaging $2,464 per month ($3.72 per square foot) but stretched to a 33-day DOM. July closed three leases at $2,150 per month ($3.88 per square foot, 28-day DOM), again showing a lower nominal rent paired with a higher rate per square foot due to smaller unit sizes. August's single closing hit $2,550 per month ($3.92 per square foot) in just 6 days, the fastest clearance of the tracked period.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Arc Condominiums (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Arc Condominiums, and what was their re-listing price compared to previous asking?
Arc Condominiums recorded four delisted units against a lifetime lease volume of sixteen, a 25% delisted-to-leased ratio that signals moderate listing churn. The breakdown includes two terminated listings and two expired listings, with zero suspended. Because the trailing 30-day lease count is only one, the 400% 30-day ratio is not meaningful; the 25% lifetime figure is the appropriate friction benchmark. Four unrented suites cycling out of the market over the tracked period indicates landlords are periodically repricing or withdrawing rather than holding stale listings.
How do asking prices on de-listed suites compare to executed leases and active listings at Arc Condominiums?
Arc Condominiums delisted units asked an average of $2,314 per month, which is $236 per month below realized lease averages nominally due to smaller suite footprints, yet commanded a higher rate of $4.11 per square foot versus the $3.92 per square foot realized on closed leases. This density inversion confirms that the nominal discount on delisted listings masks a premium per-unit-area ask that tenants resisted. The 9.3% nominal gap and the $0.19 per square foot premium together point to tenant pushback on high-density pricing rather than simple overpricing.
What market friction causes rental listings to stall or de-list at Arc Condominiums?
Arc Condominiums delisted units sat on market for an average of 67 days, compared to a 23-day realized lease DOM, producing 44 excess marketing days per unrented suite. Those 44 days equate to roughly 1.47 months of lost rent at the $2,314 delisted asking rate, or approximately $3,394 in carrying cost before condo maintenance fees. Each delisted listing therefore costs the owner nearly a month and a half of revenue plus ongoing strata charges, making prompt repricing or withdrawal the lower-risk strategy in this submarket.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 5 | 2510 | 650 | 3.87 | 24 |
| 2026-04-28 | 5 | 2510 | 650 | 3.87 | 25 |
| 2026-04-29 | 4 | 2513 | 650 | 3.87 | 29 |
| 2026-04-30 | 6 | 2380 | 608 | 3.98 | 20 |
| 2026-05-01 | 7 | 2326 | 579 | 4.13 | 18 |
| 2026-05-02 | 7 | 2259 | 543 | 4.30 | 18 |
| 2026-05-03 | 7 | 2259 | 543 | 4.30 | 19 |
| 2026-05-04 | 7 | 2259 | 543 | 4.30 | 20 |
| 2026-05-05 | 6 | 2305 | 567 | 4.19 | 23 |
| 2026-05-06 | 6 | 2305 | 567 | 4.19 | 24 |
| 2026-05-07 | 6 | 2305 | 567 | 4.19 | 25 |
| 2026-05-08 | 7 | 2261 | 543 | 4.30 | 23 |
| 2026-05-09 | 7 | 2261 | 543 | 4.30 | 24 |
| 2026-05-10 | 7 | 2261 | 543 | 4.30 | 25 |
| 2026-05-11 | 8 | 2316 | 569 | 4.22 | 22 |
| 2026-05-12 | 8 | 2316 | 569 | 4.22 | 23 |
| 2026-05-13 | 8 | 2316 | 569 | 4.22 | 24 |
| 2026-05-14 | 8 | 2316 | 569 | 4.22 | 25 |
| 2026-05-15 | 7 | 2261 | 543 | 4.30 | 30 |
| 2026-05-16 | 7 | 2261 | 543 | 4.30 | 31 |
| 2026-05-17 | 7 | 2261 | 543 | 4.30 | 32 |
| 2026-05-18 | 7 | 2261 | 543 | 4.30 | 33 |
| 2026-05-19 | 7 | 2261 | 543 | 4.30 | 34 |
| 2026-05-20 | 7 | 2261 | 543 | 4.30 | 35 |
| 2026-05-21 | 8 | 2304 | 569 | 4.20 | 31 |
| 2026-05-22 | 9 | 2376 | 606 | 4.02 | 26 |
| 2026-05-23 | 9 | 2376 | 606 | 4.02 | 27 |
| 2026-05-24 | 9 | 2376 | 606 | 4.02 | 28 |
| 2026-05-25 | 9 | 2376 | 606 | 4.02 | 29 |
| 2026-05-26 | 9 | 2364 | 606 | 4.00 | 28 |
| 2026-05-27 | 9 | 2364 | 606 | 4.00 | 29 |
| 2026-05-28 | 9 | 2364 | 606 | 4.00 | 30 |
| 2026-05-29 | 10 | 2353 | 610 | 3.94 | 28 |
| 2026-05-30 | 10 | 2353 | 610 | 3.94 | 29 |
| 2026-05-31 | 10 | 2353 | 610 | 3.94 | 30 |
| 2026-06-01 | 8 | 2260 | 600 | 3.88 | 22 |
| 2026-06-02 | 8 | 2260 | 600 | 3.88 | 23 |
| 2026-06-03 | 7 | 2261 | 593 | 3.94 | 27 |
| 2026-06-04 | 7 | 2261 | 593 | 3.94 | 28 |
| 2026-06-05 | 7 | 2261 | 593 | 3.94 | 29 |
| 2026-06-06 | 6 | 2263 | 583 | 4.01 | 29 |
| 2026-06-07 | 6 | 2263 | 583 | 4.01 | 30 |
| 2026-06-08 | 6 | 2263 | 583 | 4.01 | 31 |
| 2026-06-09 | 7 | 2211 | 571 | 3.99 | 27 |
| 2026-06-10 | 7 | 2211 | 571 | 3.99 | 28 |
| 2026-06-11 | 7 | 2211 | 571 | 3.99 | 29 |
| 2026-06-12 | 7 | 2211 | 571 | 3.99 | 30 |
| 2026-06-13 | 7 | 2211 | 571 | 3.99 | 31 |
| 2026-06-14 | 7 | 2211 | 571 | 3.99 | 32 |
| 2026-06-15 | 6 | 2147 | 541 | 4.08 | 35 |
| 2026-06-16 | 6 | 2147 | 541 | 4.08 | 36 |
| 2026-06-17 | 6 | 2147 | 541 | 4.08 | 37 |
| 2026-06-18 | 6 | 2180 | 541 | 4.13 | 22 |
| 2026-06-19 | 6 | 2180 | 541 | 4.13 | 23 |
| 2026-06-20 | 6 | 2180 | 541 | 4.13 | 24 |
| 2026-06-21 | 6 | 2180 | 541 | 4.13 | 25 |
| 2026-06-22 | 6 | 2153 | 541 | 4.09 | 21 |
| 2026-06-23 | 6 | 2153 | 541 | 4.09 | 22 |
| 2026-06-24 | 6 | 2153 | 541 | 4.09 | 23 |
| 2026-06-25 | 5 | 2126 | 519 | 4.20 | 28 |
| 2026-06-26 | 4 | 2033 | 486 | 4.29 | 28 |
| 2026-06-27 | 4 | 2033 | 486 | 4.29 | 29 |
| 2026-06-28 | 4 | 2033 | 486 | 4.29 | 30 |
| 2026-06-29 | 4 | 2033 | 486 | 4.29 | 31 |
| 2026-06-30 | 4 | 2033 | 486 | 4.29 | 32 |
| 2026-07-01 | 5 | 2226 | 539 | 4.23 | 26 |
| 2026-07-02 | 5 | 2226 | 539 | 4.23 | 27 |
| 2026-07-03 | 5 | 2226 | 539 | 4.23 | 28 |
| 2026-07-04 | 5 | 2226 | 539 | 4.23 | 29 |
| 2026-07-05 | 5 | 2226 | 539 | 4.23 | 30 |
| 2026-07-06 | 5 | 2226 | 539 | 4.23 | 31 |
| 2026-07-07 | 5 | 2226 | 539 | 4.23 | 32 |
| 2026-07-08 | 5 | 2226 | 539 | 4.23 | 33 |
| 2026-07-09 | 5 | 2226 | 539 | 4.23 | 34 |
| 2026-07-10 | 5 | 2226 | 539 | 4.23 | 35 |
| 2026-07-11 | 5 | 2226 | 539 | 4.23 | 36 |
| 2026-07-12 | 5 | 2226 | 539 | 4.23 | 37 |
| 2026-07-13 | 6 | 2255 | 558 | 4.14 | 32 |
| 2026-07-14 | 6 | 2255 | 558 | 4.14 | 33 |
| 2026-07-15 | 5 | 2236 | 539 | 4.25 | 35 |
| 2026-07-16 | 6 | 2259 | 558 | 4.15 | 30 |
| 2026-07-17 | 5 | 2331 | 589 | 4.03 | 27 |
| 2026-07-18 | 4 | 2314 | 574 | 4.11 | 34 |
| 2026-07-19 | 4 | 2314 | 574 | 4.11 | 35 |
| 2026-07-20 | 4 | 2314 | 574 | 4.11 | 36 |
| 2026-07-21 | 4 | 2314 | 574 | 4.11 | 37 |
| 2026-07-22 | 4 | 2314 | 574 | 4.11 | 38 |
| 2026-07-23 | 4 | 2314 | 574 | 4.11 | 39 |
| 2026-07-24 | 4 | 2314 | 574 | 4.11 | 40 |
| 2026-07-25 | 4 | 2314 | 574 | 4.11 | 41 |
| 2026-07-26 | 4 | 2314 | 574 | 4.11 | 42 |
| 2026-07-27 | 4 | 2314 | 574 | 4.11 | 43 |
| 2026-07-28 | 4 | 2314 | 574 | 4.11 | 44 |
| 2026-07-29 | 4 | 2314 | 574 | 4.11 | 45 |
| 2026-07-30 | 4 | 2314 | 574 | 4.11 | 46 |
| 2026-07-31 | 4 | 2314 | 574 | 4.11 | 47 |
| 2026-08-01 | 4 | 2314 | 574 | 4.11 | 48 |
| 2026-08-02 | 4 | 2314 | 574 | 4.11 | 49 |
| 2026-08-03 | 4 | 2314 | 574 | 4.11 | 50 |
| 2026-08-04 | 4 | 2314 | 574 | 4.11 | 51 |
| 2026-08-05 | 4 | 2314 | 574 | 4.11 | 52 |
| 2026-08-06 | 4 | 2314 | 574 | 4.11 | 53 |
| 2026-08-07 | 4 | 2314 | 574 | 4.11 | 54 |
| 2026-08-08 | 4 | 2314 | 574 | 4.11 | 55 |
| 2026-08-09 | 3 | 2425 | 632 | 3.83 | 41 |
| 2026-08-10 | 3 | 2425 | 632 | 3.83 | 42 |
| 2026-08-11 | 4 | 2319 | 574 | 4.12 | 33 |
| 2026-08-12 | 4 | 2319 | 574 | 4.12 | 34 |
| 2026-08-13 | 4 | 2319 | 574 | 4.12 | 35 |
| 2026-08-14 | 3 | 2458 | 600 | 4.22 | 25 |
| 2026-08-15 | 4 | 2489 | 613 | 4.16 | 20 |
| 2026-08-16 | 4 | 2489 | 613 | 4.16 | 21 |
| 2026-08-17 | 4 | 2489 | 613 | 4.16 | 22 |
| 2026-08-18 | 4 | 2489 | 613 | 4.16 | 23 |
| 2026-08-19 | 4 | 2489 | 613 | 4.16 | 24 |
| 2026-08-20 | 4 | 2489 | 613 | 4.16 | 25 |
| 2026-08-21 | 4 | 2489 | 613 | 4.16 | 26 |
| 2026-08-22 | 4 | 2489 | 613 | 4.16 | 27 |
| 2026-08-23 | 4 | 2489 | 613 | 4.16 | 28 |
| 2026-08-24 | 4 | 2489 | 613 | 4.16 | 29 |
| 2026-08-25 | 5 | 2501 | 620 | 4.11 | 24 |
| 2026-08-26 | 6 | 2472 | 625 | 4.02 | 14 |
| 2026-08-27 | 6 | 2472 | 625 | 4.02 | 15 |
| 2026-08-28 | 6 | 2472 | 625 | 4.02 | 16 |
| 2026-08-29 | 6 | 2472 | 625 | 4.02 | 17 |
| 2026-08-30 | 6 | 2472 | 625 | 4.02 | 18 |
| 2026-08-31 | 4 | 2320 | 588 | 4.05 | 12 |
12-Month Market Dynamics & Trend Trajectory
Arc Condominiums realized an average lease rent of $2,364 per month and $3.92 per square foot across sixteen tracked transactions, positioning the building $119 per month below the Don Valley North submarket average of $2,483 while running $0.12 per square foot above the submarket's $3.80 per square foot benchmark. The building trades at a modest rent discount to its submarket peers but commands a slightly higher rate per unit of space, reflecting a mix weighted toward compact one-bedroom and den layouts that compress the average footprint to 616 square feet. Pricing discipline at Arc Condominiums skews tenant-favorable: 50.0% of the sixteen recorded leases closed below asking, with an average concession of $34 per month (1.46% under list). The annualized impact is $408 in tenant savings per unit, confirming that landlords in this building are absorbing a small but consistent discount to close deals rather than holding asking rents. No leases closed at a premium, and the net negotiation spread of -$34 per month indicates a market where the listed price functions as an opening position rather than a floor.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-26 | 1 | 2450 | 650 | 3.77 | 8 |
| 2026-05-03 | 1 | 1980 | 400 | 4.95 | 5 |
| 2026-05-10 | 1 | 2650 | 750 | 3.53 | 4 |
| 2026-05-17 | 1 | 2000 | 400 | 5.00 | 21 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 3 | 2550 | 650 | 3.93 | 46 |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 1 | 2600 | 750 | 3.47 | 25 |
| 2026-06-21 | 3 | 2333 | 650 | 3.59 | 23 |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 3 | 2150 | 567 | 3.88 | 28 |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-30 | 1 | 2550 | 650 | 3.92 | 6 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Arc Condominiums at 2885 Bayview Ave sits within a tight competitive cluster of four nearby buildings, all recording active lease volume over the trailing 180 days. Tea Garden Condos (2 Teagarden Crt, 0.08 km, completed 2025) logged 7 closed leases; Jade Condominiums (399 Spring Garden Ave, 0.15 km, completed 2014) recorded 12; Bayview Mansions II (1 Clairtrell Rd, 0.20 km, completed 2005) closed 6; and Twenty One Clairtrell (21 Clairtrell Rd, 0.22 km, completed 2013) transacted 5. The peer set spans three distinct construction eras—from Bayview Mansions II's 2005 build through the 2013–2014 mid-cycle cohort to Tea Garden Condos' 2025 delivery—placing Arc Condominiums, built in 2009, in a middle-generation position for both physical plant and lease-term maturity. Against the four-comp benchmark of $2,747 average realized rent, $4.42 per square foot, and 680 average square feet, Arc Condominiums positions below on every headline metric: its all-time average lease rent of $2,364 runs $383 under the comp mean, its $3.92 per square foot rate sits roughly 11.5% below the peer average, and its 616-square-foot median suite footprint is 64 square feet smaller. The building's 447-suite scale and 2009 completion mark it as a volume-oriented, mid-tenure asset in the Don Valley North pocket, where newer and larger-footprint competitors command both higher nominal rents and higher per-square-foot rates.
Comparable Analysis & Questions
How do rental rates at Arc Condominiums compare to neighbouring buildings within Don Valley North?
Arc Condominiums' average realized lease rent of $2,364 per month trades below the four-comp benchmark of $2,747, with every nearby competitor recording a higher closed-lease average. Tea Garden Condos (2 Teagarden Crt, 0.08 km, 7 closed leases) averaged $2,764 per month at $3.87 per square foot across 719 square feet; Jade Condominiums (399 Spring Garden Ave, 0.15 km, 12 closed leases) realized $2,512 at $4.17 per square foot over 625 square feet; Bayview Mansions II (1 Clairtrell Rd, 0.20 km, 6 closed leases) commanded $3,232 at $6.08 per square foot across 677 square feet; and Twenty One Clairtrell (21 Clairtrell Rd, 0.22 km, 5 closed leases) closed at $2,480 per month, $3.55 per square foot, and 700 square feet. All four competitors posted active lease transactions over the trailing 180 days, so each provides a realized pricing benchmark rather than an architectural reference.
Does Arc Condominiums offer a competitive price-per-square-foot ($/SF) against local comparables?
Arc Condominiums leases at $3.92 per square foot with an average 616-square-foot suite, positioning it below the comp average of $4.42 per square foot and 680 square feet while also carrying a lower nominal monthly rent than every active peer. Against Jade Condominiums, the subject trades at a $0.25 per square foot (6.0%) discount and provides 9 fewer interior square feet, so the $148-per-month rent gap reflects both a lower rate and a marginally smaller footprint. Bayview Mansions II presents the sharpest contrast: the subject trades at a $2.16 per square foot (35.5%) discount and offers 61 fewer square feet, meaning the $868-per-month differential is driven overwhelmingly by the per-square-foot rate gap rather than suite size. On the premium side, Arc Condominiums commands a $0.05 per square foot (1.3%) premium over Tea Garden Condos yet provides 103 fewer interior square feet, so the $400-per-month lower nominal rent is entirely a function of the smaller footprint rather than a weaker rate. Similarly, the subject carries a $0.37 per square foot (10.4%) premium over Twenty One Clairtrell while delivering 84 fewer square feet, again making the $116-per-month rent difference a space-volume trade-off rather than an asset-valuation signal.
How do building age, amenities, and developer reputation impact rent spreads?
Arc Condominiums fields a 15-feature amenity suite that includes an indoor pool, yoga studio, sauna and steam room, business centre, and library—facilities absent from three of its four nearby competitors. Tea Garden Condos (2 Teagarden Crt) offers a tea room, EV charging, and dry cleaning but no aquatic or wellness programming; Jade Condominiums (399 Spring Garden Ave) provides a media and theatre room yet lacks any pool, yoga, or business-centre offering; Bayview Mansions II (1 Clairtrell Rd) shares the sauna/steam and library features but omits the indoor pool, yoga studio, and business centre; Twenty One Clairtrell (21 Clairtrell Rd) includes a pet wash station but carries no aquatic, wellness, or remote-work infrastructure. The indoor pool combined with the yoga studio and dedicated business centre gives Arc Condominiums a distinct wellness-and-productivity lifestyle package that targets professionals and active renters who prioritize on-site fitness, quiet workspaces, and resort-style recreation over the leaner amenity sets of its immediate peers.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Arc Condominiums.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- Media & Theatre Room
- Games & Billiards Room
- Library & Reading Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Business Centre
Residential Buildings in the Vicinity
- Tea Garden Condos77 m
- Jade Condominiums148 m
- Bayview Mansions II200 m
- Twenty One Clairtrell219 m
- Bayview Mansions I268 m
- Lotus271 m
- NY Place320 m
- Rockefeller on Bayview325 m
- The Chelsea338 m
- The Village Residences349 m
- Hycrest Residences367 m
- Empire at NY Towers391 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Arc 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.
