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Market Data as of August 31, 2026

on Adelaide — Rental Market Data

295 Adelaide St W, Toronto, Ontario M5V 0L4
Quick Rent Estimate
Active Suites4 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,400
1-Bedroom + Den
1
$2,400
2-Bedroom
1
$4,100
3-Bedroom+
1
$12,000

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2014
Total Suites587
DeveloperPinnacle International

Developed by Pinnacle International and completed in 2014, on Adelaide is an established residential building located at 295 Adelaide St W in the Entertainment District. Spanning 587 suites, the property currently exhibits an availability rate of 0.7 percent through 4 active listings. Closed leasing activity stands at 18 transactions over the past 90 days with an average of 13 days on the market, alongside 8 transactions over the past 30 days with an average of 10 days on the market.

Current active asking rents average $5,225 per month at $8.67 per square foot, contrasting with realized 90-day leases that averaged $2,733 per month at $4.22 per square foot. Active inventory averages 672 square feet compared to the all-time leased average of 676 square feet, while the active asking rate per square foot tracks above the submarket asking benchmark of $5.53 per square foot.

Marketing friction remains exceptionally low, demonstrated by an average of 16 days on the market for active listings and zero delisted or terminated units on record. Prospective tenants face an even distribution of available inventory, with a single active listing available across each standard layout tier ranging from 1-bedroom to 3-bedroom configurations.

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Active Rental Inventory & Asking Rates

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

Active Units4
+2 (100.0%)
Avg Asking Rent$5,225
+$2,478 (90.2%)
Avg Suite Size672 sf
+72 sf (12.0%)
Avg Days on Market16d
-2d (13.9%)
Avg Asking $/SF$8.67
+$4.09 (89.4%)

Active Market Insights & Questions

How has rental availability changed at on Adelaide recently?

On Adelaide at 295 Adelaide St W maintains 4 active listings as of August 31, 2026, offering a price range of $2,400 to $12,000 per month with an average asking rent of $5,225 per month and a median asking rent of $3,250 per month. Active suites average 672 square feet at an asking rate of $8.67 per square foot. Each bedroom tier commands an identical 25 percent share of the active inventory. Current listings span a balanced mix of compact entry-level suites and larger executive layouts.

What floor plans and unit layouts are currently available at on Adelaide?

The dominant active layouts at 295 Adelaide St W are 1-Bedroom and 1-Bedroom + Den configurations, each claiming 1 active listing and a 25 percent share of total current inventory. The building's active availability features 1-Bedroom suites averaging $2,400 per month across 550 square feet at $4.36 per square foot, alongside 1-Bedroom + Den layouts averaging $2,400 per month across 650 square feet at $3.69 per square foot. Larger options include 2-Bedroom suites averaging $4,100 per month across 950 square feet at $4.32 per square foot, as well as 3-Bedroom+ configurations averaging $12,000 per month across 538 square feet at $22.30 per square foot.

What is the average asking rent and $/SF by suite size at on Adelaide?

On Adelaide features a minimum entry rent of $2,400 per month and a peak asking rent of $12,000 per month, creating a dollar spread of $9,600 and a percentage spread of 400 percent. The median asking rent sits at $3,250 per month. The entry-level option consists of a 1-Bedroom suite spanning 550 square feet priced at $4.36 per square foot, while the peak listing comprises a 3-Bedroom+ layout spanning 538 square feet priced at $22.30 per square foot.

How much extra do parking spaces and dens cost at on Adelaide?

On Adelaide features an active den premium of $0 per month for an added square footage delta of 100 square feet between 1-bedroom and 1-bedroom plus den layouts. The marginal cost per square foot for the extra den space is $0 per square foot due to identical base pricing across these specific entry tiers. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, so specific parking stall costs cannot be quoted.

How do asking rents at on Adelaide compare to local and municipal benchmarks?

On Adelaide registers an average asking rent of $5,225 per month at $8.67 per square foot, comparing against submarket asking benchmarks of $3,542 per month and $5.53 per square foot. The higher nominal rent and asking rate per square foot reflect the skew from a unique luxury listing within the active sample. Active asking rates track 56.8 percent above the submarket asking rate per square foot while the building represents a fraction of the 153 active listings across the Entertainment District submarket.

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 on Adelaide (Data period: For the month of August 2026).

Units Leased8
Avg Leased Price$2,681
Avg Leased Size676 sf
Avg Days to Lease10d
Leased $/SF$4.33

Leased Transaction Insights & Questions

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

At on Adelaide, closed leases achieved a 30-day average days on market of 10 days, a 90-day average of 13 days, and compare favourably against the Entertainment District submarket benchmark DOM of 20 days. Leasing velocity recorded 8 closed transactions over the past 30 days, 18 closed transactions over the past 90 days, and 26 total closed leases over the lifetime tracking period. Leasing turnover maintained steady absorption over the summer months without experiencing seasonal stagnation.

What is the negotiation spread between asking rents and closed lease prices at on Adelaide?

At on Adelaide, transactions achieved an average premium of $23 per month over asking (a 0.68% premium), generating $276 per year in additional landlord rental revenue. Landlords maintained solid pricing power across the building, capturing modest upward adjustments on closed lease agreements.

What are typical executed lease prices across different layouts at on Adelaide?

The two highest-volume anchor layouts at on Adelaide are the 1-Bedroom and 1-Bedroom + Den tiers, which posted average monthly rents of $2,411 and $2,739 with respective average days on market of 12 and 13 days. The 1-Bedroom tier recorded 9 closed leases, an average rent of $2,411 per month, a median rent of $2,400 per month, a P25-P75 range of $2,350 to $2,550 per month, an average size of 561 square feet, an average rate of $4.30 per square foot, and an average days on market of 12 days. The 1-Bedroom + Den tier recorded 9 closed leases, an average rent of $2,739 per month, a median rent of $2,700 per month, a P25-P75 range of $2,600 to $2,900 per month, an average size of 664 square feet, an average rate of $4.15 per square foot, and an average days on market of 13 days. The 2-Bedroom tier recorded 7 closed leases, an average rent of $3,364 per month, a median rent of $3,200 per month, a P25-P75 range of $3,125 to $3,325 per month, an average size of 830 square feet, an average rate of $4.13 per square foot, and an average days on market of 12 days, forming a statistically robust benchmark. The 2-Bedroom + Den tier represents an individual single deal consisting of 1 closed lease at an average rent of $3,200 per month, a median rent of $3,200 per month, a P25-P75 range of $3,200 to $3,200 per month, an average size of 750 square feet, an average rate of $4.27 per square foot, and an average days on market of 10 days, reflecting an individual transaction rather than a broad statistical benchmark (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 on Adelaide?

At on Adelaide, verified leased parking achieved an average premium of $94 per month as a distinct line item in closed lease agreements. Suite bundling patterns typically incorporate parking standardly into larger 2-bedroom and multi-room floor plans. Active asking parking rates could not be reliably isolated due to an insufficient paired sample size across current active listings.

How does the lease-to-listing ratio at on Adelaide reflect current tenant demand?

At on Adelaide, overall rent trajectory moved from an early spring peak down to late summer leasing levels across the tracked monthly timeline. April closed 3 deals with an average rent of $3,333 per month, $4.20 per square foot, and an average days on market of 6 days. May recorded 5 closed deals averaging $2,780 per month, $4.17 per square foot, and 13 days on market. June logged 4 closed deals at an average rent of $2,750 per month, $4.26 per square foot, and 27 days on market. July delivered 6 closed deals averaging $2,792 per month, $4.03 per square foot, and 9 days on market. August concluded the summer with 8 closed deals at an average rent of $2,681 per month, $4.33 per square foot, and 10 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
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)
2026-04-27332676175.1312
2026-04-28324675834.249
2026-04-29427006254.327
2026-04-30328006504.309
2026-05-01328006504.3010
2026-05-02328006504.3011
2026-05-03328006504.3012
2026-05-04230007004.276
2026-05-05134007504.536
2026-05-06134007504.537
2026-05-07134007504.538
2026-05-08134007504.539
2026-05-09134007504.5310
2026-05-10134007504.5311
2026-05-11229757004.236
2026-05-12229757004.237
2026-05-13330177094.245
2026-05-14430637154.275
2026-05-15630427104.284
2026-05-16630427104.285
2026-05-17530307064.286
2026-05-18530307064.287
2026-05-19530307064.288
2026-05-20530307064.289
2026-05-21530307064.2810
2026-05-22530307064.2811
2026-05-23530307064.2812
2026-05-24530307064.2813
2026-05-25430006954.3112
2026-05-26430006954.3113
2026-05-27529006664.3511
2026-05-28529006664.3512
2026-05-29529006664.3513
2026-05-30529006664.3514
2026-05-31529006664.3515
2026-06-01529006664.3516
2026-06-02529006664.3517
2026-06-03529006664.3518
2026-06-04529006664.3519
2026-06-05529006664.3520
2026-06-06529006664.3521
2026-06-07529006664.3522
2026-06-08529006664.3523
2026-06-09428256504.3524
2026-06-10428256504.3525
2026-06-11428256504.3526
2026-06-12428256504.3527
2026-06-13428256504.3528
2026-06-14329336834.2832
2026-06-15329336834.2833
2026-06-16329336834.2834
2026-06-17329336834.2835
2026-06-18230007004.2737
2026-06-19328006504.3025
2026-06-20328006504.3026
2026-06-21328006504.3027
2026-06-22328006504.3028
2026-06-23328006504.3029
2026-06-24229006504.4531
2026-06-25229006504.4532
2026-06-26229006504.4533
2026-06-27229006504.4534
2026-06-28229006504.4535
2026-06-29229006504.4536
2026-06-30124005504.3611
2026-07-01124005504.3612
2026-07-02226986004.497
2026-07-03226986004.498
2026-07-04226986004.499
2026-07-05226986004.4910
2026-07-06226986004.4911
2026-07-07226986004.4912
2026-07-08129956504.616
2026-07-09129956504.617
2026-07-10129956504.618
2026-07-11129956504.619
2026-07-12227986504.305
2026-07-13427496504.233
2026-07-14528597403.983
2026-07-15528597403.984
2026-07-16427496504.236
2026-07-17328986834.258
2026-07-18328986834.259
2026-07-19328986834.2510
2026-07-20227986504.3013
2026-07-21328326574.319
2026-07-22428996764.298
2026-07-23428996764.299
2026-07-24428746514.437
2026-07-25428746514.438
2026-07-26428746514.439
2026-07-27327986244.4911
2026-07-28327986244.4912
2026-07-29327986244.4913
2026-07-30227486004.5817
2026-07-31227486004.5818
2026-08-01227486004.5819
2026-08-02227486004.5820
2026-08-04226756004.46N/A
2026-08-05327836834.151
2026-08-06327836834.152
2026-08-07450886478.692
2026-08-08545906487.752
2026-08-09545906487.753
2026-08-103583361310.264
2026-08-1111200053822.304
2026-08-1211200053822.305
2026-08-1311200053822.306
2026-08-1411200053822.307
2026-08-152725054413.434
2026-08-162725054413.435
2026-08-173620067910.394
2026-08-18452506478.884
2026-08-19546506287.924
2026-08-20642756317.224
2026-08-21642756317.225
2026-08-22642756317.226
2026-08-23642756317.227
2026-08-24546306487.758
2026-08-25452256728.6710
2026-08-26452256728.6711
2026-08-27452256728.6712
2026-08-28452256728.6713
2026-08-29452256728.6714
2026-08-30452256728.6715
2026-08-31452256728.6716

12-Month Market Dynamics & Trend Trajectory

Adelaide St W leasing history at this development encompasses 26 total closed transactions, achieving an overall average rent of $2,811 per month, an average rate of $4.20 per square foot, and an average suite size of 676 square feet. Lifetime days on market averaged 12 days, reflecting consistent tenant turnover and rapid absorption across the building's 587 total suites. Pricing discipline at the property favored landlords, with transactions settling at an average premium of $276 annually in realized above-asking revenue. Closed lease agreements experienced strong competitive demand, allowing property owners to capture marginal rental premiums without triggering extended marketing delays or inventory overhang.

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)
2026-05-03224506004.0918
2026-05-100N/AN/AN/AN/A
2026-05-17132507284.464
2026-05-24228757004.0912
2026-05-310N/AN/AN/AN/A
2026-06-07132007304.3826
2026-06-14226006004.3426
2026-06-21126006504.0030
2026-06-280N/AN/AN/AN/A
2026-07-05123505504.2719
2026-07-12228758253.683
2026-07-19228757004.1110
2026-07-26129006724.329
2026-08-02227486004.5821
2026-08-09427886754.205
2026-08-160N/AN/AN/AN/A
2026-08-23224005504.368

Nearby Building Rental Comparables & Price Spreads

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

On Adelaide at 295 Adelaide St W is situated directly alongside a competitive cluster of high-density residential towers in Toronto's Entertainment District, anchored by structures such as The Bond at 290 Adelaide St W (0.06 km away, built in 2017, with 32 active listings), Cinema Tower at 21 Widmer St (0.06 km away, built in 2013, with 27 active listings), The PJ Condos at 99 John St (0.08 km away, built in 2022, with 25 active listings), and Encore at Theatre District at 28 Widmer St (0.10 km away, built in 2024, with 21 active listings). These buildings span a structural generation from early-2010s developments to recently completed 2024 additions, establishing a dense urban micro-market of high-rise living. Within this active peer group, on Adelaide maintains a competitive position against the overall comp benchmark average rent of $2,764 per month, average rate of $4.47 per square foot, and average suite size of 633 square feet. Delivering an established lifecycle stage with solid scale, on Adelaide provides a favorable rate per square foot relative to newer builds while offering larger average footprints than several adjacent alternatives, capturing strong renter demand in a landlord-favorable leasing environment.

290 Adelaide St W, Toronto

Avg Asking$2,456/mo
Avg $/SF$4.69
Rent Spread:
-$2,769/mo (-53.0%) Lower

21 Widmer St, Toronto

Avg Asking$2,747/mo
Avg $/SF$4.40
Rent Spread:
-$2,478/mo (-47.4%) Lower

99 John St, Toronto

Avg Asking$2,935/mo
Avg $/SF$4.53
Rent Spread:
-$2,290/mo (-43.8%) Lower

80 John St, Toronto

Avg Asking$3,598/mo
Avg $/SF$5.10
Rent Spread:
-$1,627/mo (-31.1%) Lower

28 Widmer St, Toronto

Avg Asking$3,103/mo
Avg $/SF$4.28
Rent Spread:
-$2,122/mo (-40.6%) Lower

8 Widmer St, Toronto

Avg Asking$2,470/mo
Avg $/SF$4.67
Rent Spread:
-$2,755/mo (-52.7%) Lower

Comparable Analysis & Questions

How do rental rates at on Adelaide compare to neighbouring buildings within Entertainment District?

On Adelaide averages $2,811 per month across all recorded leases, positioning it near the overall competitive benchmark average of $2,764 per month established across regional peers including The Bond, Cinema Tower, The PJ Condos, and Encore at Theatre District. The Bond (290 Adelaide St W) records an average lease rent of $2,486 per month at $4.75 per square foot across an average of 534 square feet. Cinema Tower (21 Widmer St) posts an average lease rent of $2,744 per month at $4.34 per square foot across 636 square feet. The PJ Condos (99 John St) reports an average lease rent of $2,860 per month at $4.49 per square foot across 652 square feet. Finally, Encore at Theatre District (28 Widmer St) lists an average lease rent of $2,964 per month at $4.29 per square foot across an average of 710 square feet.

Does on Adelaide offer a competitive price-per-square-foot ($/SF) against local comparables?

On Adelaide provides a competitive value proposition by offering larger average suite footprints and lower rates per square foot compared to several immediate high-density alternatives in the Entertainment District. Renters at the subject building trade off the absolute newest construction dates of 2022-to-2024 peers like The PJ Condos or Encore at Theatre District in exchange for more generous interior square footage at a more accessible rate per square foot. For instance, while The Bond commands a higher rate of $4.75 per square foot across smaller 534-square-foot layouts, on Adelaide delivers larger 676-square-foot average spaces at a more favorable rate per square foot, aligning closely with the submarket average lease rate of $4.52 per square foot.

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

On Adelaide delivers an extensive lifestyle and recreational amenity package that stands shoulder-to-shoulder with the most feature-rich towers in the Entertainment District. Residents enjoy signature amenities including an indoor pool, a dedicated yoga studio, a full gymnasium and fitness centre, a basketball court, and a rooftop terrace with a BBQ area, outperforming mid-tier peers and matching luxury competitors. While The Bond offers a golf simulator and dining room, and Cinema Tower features a car share program and EV charging stations, on Adelaide anchors its appeal with traditional wellness and social staples like its hot tub, sauna, and multi-purpose sports court. This amenity profile particularly serves active urban professionals and fitness-focused renters seeking comprehensive on-site wellness facilities without leaving the building.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around on Adelaide.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Basketball Court
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace

Data Methodology & Analytical Standards

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

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.