Market Data as of September 30, 2026

The Britt — Rental Market Data

31 Phipps Street, Toronto, Ontario M5S 3C4

Quick Rent Estimate

Last Lease

2-Bedroom

Lease Amount

$3,745/mo

Date Leased: September 9, 2026

Rent psf$3.94/sf

Turnover VelocityFast (8d)

Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypePurpose-Built Rental

Year Completed2019

Total Suites690

DeveloperLanterra Developments

The Britt is a residential community located in Toronto, Ontario. Completed in 2019, the property features an estimated 690 suites. While there are currently no active rental listings on the market, historical records show 1 closed lease transactions with an average realized rent of $3,500/month ($3.68/SF).

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Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom

Lease Amount$3,745/mo

Date LeasedSeptember 9, 2026

Rent psf$3.94/sf

Turnover VelocityFast (8d)

Active Inventory Status0 Available

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 The Britt (Data period: For the month of September 2026).

Units Leased1

Avg Leased Price$3,500

Avg Leased Size950 sf

Avg Days to Lease8d

Leased $/SF$3.68

Leased Transaction Insights & Questions

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

Over For the month of September 2026, 1 residential lease transaction closed at The Britt, leasing in an average of 8 days on market.

What is the negotiation spread between asking rents and closed lease prices at The Britt?

Completed lease contracts averaged $3,500/month, compared to active asking rents of $0/month, reflecting a spread of $0/month (0.0%).

What are typical executed lease prices across different layouts at The Britt?

Executed lease contracts averaged $3,500/month ($3.68/SF) across closed suites.

What measurable rent premium did suites with parking achieve in closed leases at The Britt?

Dedicated parking stalls continue to command tangible contract premiums in finalized lease agreements.

How does the lease-to-listing ratio at The Britt reflect current tenant demand?

Absorption velocity remains active, demonstrating steady tenant turnaround across modern suite sizes.

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

Select layout to filter chart

Unit Type

Parking

Den

Chart Metrics

Max 2 Plotted

Compare up to 2 axes simultaneously:

Show Min / Max Range Bands

Left AxisAsking Price

Avg Asking Price

Right AxisUnits Available

Avg Units Available

Historical statistics trends for active listings
Date	Units Available	Avg Price ($)	Avg SqFt (SF)	Avg PSF ($/SF)	Avg DOM (Days)
2026-04-27	1	3890	950	4.09	86
2026-04-28	1	3890	950	4.09	87
2026-04-29	1	3890	950	4.09	88
2026-04-30	1	3890	950	4.09	89
2026-05-01	1	3890	950	4.09	90
2026-05-02	1	3890	950	4.09	91
2026-05-03	1	3890	950	4.09	92
2026-05-04	1	3890	950	4.09	93
2026-05-05	1	3890	950	4.09	94
2026-05-06	1	3890	950	4.09	95
2026-05-07	1	3890	950	4.09	96
2026-05-08	1	3890	950	4.09	97
2026-05-09	1	3890	950	4.09	98
2026-05-10	1	3890	950	4.09	99
2026-05-11	1	3890	950	4.09	100
2026-05-12	1	3890	950	4.09	101
2026-05-13	1	3890	950	4.09	102
2026-05-14	1	3890	950	4.09	103
2026-05-15	1	3890	950	4.09	104
2026-05-16	1	3890	950	4.09	105
2026-05-17	1	3890	950	4.09	106
2026-05-18	1	3890	950	4.09	107
2026-05-19	1	3890	950	4.09	108
2026-05-20	1	3890	950	4.09	109
2026-05-21	1	3890	950	4.09	110
2026-05-22	1	3890	950	4.09	111
2026-05-23	1	3890	950	4.09	112
2026-05-24	1	3890	950	4.09	113
2026-05-25	1	3890	950	4.09	114
2026-05-26	1	3890	950	4.09	115
2026-05-27	1	3890	950	4.09	116
2026-05-28	1	3890	950	4.09	117
2026-05-29	1	3890	950	4.09	118
2026-05-30	1	3890	950	4.09	119
2026-05-31	1	3890	950	4.09	120
2026-06-07	2	2197	400	5.49	N/A
2026-06-08	2	2197	400	5.49	1
2026-06-09	2	2197	400	5.49	2
2026-06-10	2	2197	400	5.49	3
2026-06-11	2	2197	400	5.49	4
2026-06-12	2	2197	400	5.49	5
2026-06-13	2	2197	400	5.49	6
2026-06-14	2	2197	400	5.49	7
2026-06-15	2	2197	400	5.49	8
2026-06-16	2	2197	400	5.49	9
2026-06-17	2	2197	400	5.49	10
2026-06-18	2	2197	400	5.49	11
2026-06-19	2	2197	400	5.49	12
2026-06-20	2	2197	400	5.49	13
2026-06-21	2	2197	400	5.49	14
2026-06-22	2	2197	400	5.49	15
2026-06-23	2	2197	400	5.49	16
2026-06-24	1	2095	400	5.24	17
2026-06-25	1	2095	400	5.24	18
2026-06-26	1	2095	400	5.24	19
2026-06-27	1	2095	400	5.24	20
2026-06-28	1	2095	400	5.24	21
2026-06-29	1	2095	400	5.24	22
2026-07-11	1	2345	400	5.86	N/A
2026-07-12	1	2345	400	5.86	1
2026-09-01	1	3745	950	3.94	N/A
2026-09-02	1	3745	950	3.94	1
2026-09-03	1	3745	950	3.94	2
2026-09-04	1	3745	950	3.94	3
2026-09-05	1	3745	950	3.94	4
2026-09-06	1	3745	950	3.94	5
2026-09-07	1	3745	950	3.94	6
2026-09-08	1	3745	950	3.94	7

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at The Britt reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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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

Unit type

Parking

Den

Lease vs Asking Price Performance

Chart metrics & timeframe

Max 2 selected

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Timeframe

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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
Date	Units Leased	Avg Leased Price ($)	Avg SqFt (SF)	Avg PSF ($/SF)	Avg DOM (Days)
2026-05-31	1	3495	950	3.68	121
2026-06-07	0	N/A	N/A	N/A	N/A
2026-06-14	0	N/A	N/A	N/A	N/A
2026-06-21	1	2299	400	5.75	17
2026-06-28	1	2045	400	5.11	23
2026-07-05	0	N/A	N/A	N/A	N/A
2026-07-12	1	2095	400	5.24	2
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	0	N/A	N/A	N/A	N/A
2026-09-06	1	3500	950	3.68	8

Nearby Building Rental Comparables & Price Spreads

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

Comparing rental asking rates and price-per-square-foot ($/SF) at The Britt with 6 tracked residential buildings in the immediate vicinity.

The Britt19 m

955 Bay St, Toronto

Avg Asking$2,872/mo

Avg $/SF$4.57

Rent Spread:

N/A

Century Plaza74 m

24 Wellesley St W, Toronto

Avg Asking$2,940/mo

Avg $/SF$3.75

Rent Spread:

N/A

1001 Bay88 m

1001 Bay St, Toronto

Avg Asking$2,945/mo

Avg $/SF$3.84

Rent Spread:

N/A

Eleven Residences105 m

11 St Joseph St, Toronto

Avg Asking$2,753/mo

Avg $/SF$3.68

Rent Spread:

N/A

1Thousand Bay117 m

57 St Joseph St, Toronto

Avg Asking$2,671/mo

Avg $/SF$4.73

Rent Spread:

N/A

11 Wellesley on the Park130 m

11 Wellesley St W, Toronto

Avg Asking$2,825/mo

Avg $/SF$4.98

Rent Spread:

N/A

Comparable Analysis & Questions

How do rental rates at The Britt compare to neighbouring buildings within Downtown Core?

At $0/month ($0.00/SF), The Britt maintains a competitive market position compared to surrounding properties.

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

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between The Britt and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Britt.

Building Amenities

Concierge & Security
Gym & Fitness Centre
Outdoor Pool
Hot Tub & Jacuzzi
Sauna & Steam Room
Party & Lounge Room
Dining Room & Kitchen
Meeting Room
Business Centre
Media & Theatre Room
BBQ Area
Rooftop Terrace
Garden & Courtyard
Pet Wash Station

Residential Buildings in the Vicinity

Data Methodology & Analytical Standards

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

Snapshot Dates & Benchmark Cadence

Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.