ANX Condos — Rental Market Data

ANX Condos has two active listings as of August 31, 2026, with asking rents ranging from $3,600 to $3,975 per month and an average of $3,788 per month. Both suites average 700 square feet at a combined asking rate of $5.42 per square foot, and the entire active inventory is composed of two-bedroom layouts representing 100 percent of available units. The current stock leans toward mid-size two-bedroom configurations rather than compact entry-level studios or multi-bedroom executive plans.

The sole active layout at ANX Condos is the two-bedroom, with both available units accounting for 100 percent of the building's listed inventory. Each of the two suites averages 700 square feet at $3,788 per month, translating to $5.42 per square foot, and the small two-unit sample offers renters a limited but consistent selection within this single bedroom tier. No one-bedroom, studio, or three-bedroom units are currently on the market.

ANX Condos shows a minimum entry rent of $3,600 per month and a peak asking rent of $3,975 per month, producing a dollar spread of $375 and a percentage spread of 10.4 percent. The median asking rent sits at $3,788 per month, anchoring the narrow two-unit range. The entry-level suite is a 650-square-foot two-bedroom at $5.54 per square foot, while the peak suite offers 750 square feet of two-bedroom space at $5.30 per square foot.

ANX Condos does not have a quantified den premium or square-footage delta for its active listings, as the data does not support a reliable marginal cost calculation for additional den space. Parking stall costs also cannot be reliably isolated from the current sample, and no verified monthly parking fee can be quoted to prospective renters.

ANX Condos is asking an average of $3,788 per month at $5.42 per square foot, compared to the Annex submarket asking benchmark of $3,140 per month and $4.63 per square foot. The 17.1 percent per-square-foot premium over the submarket reflects the building's larger 700-square-foot average suite size versus the submarket norm, meaning the nominal rent gap is partly a function of additional living area rather than pure rate inflation. ANX Condos represents two out of fourteen available listings in The Annex submarket, or roughly 14 percent of total active inventory.

ANX Condos realized an average lease rent of $2,827 per month over the trailing year, landing $9 below the four-comp benchmark of $2,836 and slightly under the submarket average of $3,113. Among active competitors, Bianca at 280 Howland Avenue (0.29 km, 10 closed leases) averaged $3,108 per month at $4.19 per square foot across 745 square feet, placing the subject $281 lower in nominal monthly rent. Madison Avenue Lofts at 380 MacPherson Avenue (0.31 km, 2 closed leases) averaged $2,525 per month at $3.62 per square foot over 700 square feet, meaning the subject commands a $302 higher monthly rent. South Hill On Madison at 377 Madison Avenue (0.36 km, 2 closed leases) posted $2,875 per month at $3.86 per square foot across 750 square feet, leaving the subject $48 lower in absolute rent. The Summit at 280 St George Street (0.46 km) recorded zero lease transactions over the past 180 days and therefore offers no realized rent benchmark for direct comparison.

ANX Condos leases at $4.51 per square foot across an average 637-square-foot suite, a rate that runs $0.62 per square foot above the comp average of $3.89 while delivering roughly 95 fewer interior square feet than the 732-square-foot comp mean. Against Bianca, the subject trades at a $0.32 per square foot (7.6 percent) premium while providing 108 fewer interior square feet, so the $281 lower nominal rent is driven entirely by the smaller footprint rather than a weaker per-area valuation. Versus Madison Avenue Lofts, the subject commands a $0.89 per square foot (24.6 percent) premium with 63 fewer square feet, and the $302 higher monthly rent reflects both the higher rate and the building's 2025 construction over the 2009 peer. South Hill On Madison shows the tightest spread: the subject carries a $0.65 per square foot (16.8 percent) premium with 113 fewer square feet, and the modest $48 lower rent again traces back to the reduced interior area rather than a discount in asset value. In every active comparison, ANX Condos delivers a higher rate per square foot in exchange for a more compact layout, a trade-off that favors renters prioritizing location and modern finishes over maximum square footage.

ANX Condos offers a five-item amenity package—concierge and security, gym and fitness centre, outdoor pool, rooftop terrace, and EV charging station—that is leaner than every active competitor in this pocket. Bianca layers on six additional features including a yoga studio, party and lounge room, dining room and kitchen, BBQ area, garden and courtyard, and outdoor fireplace; Madison Avenue Lofts adds thirteen amenities spanning a sauna and steam room, meeting room, media and theatre room, library and reading room, and shared laundry; South Hill On Madison contributes a pet wash station, yoga studio, meeting room, and dining room that ANX Condos does not include. The subject's package is deliberately focused on core wellness (pool, gym), security, and convenience (EV charging, rooftop access) without the social-dining or entertainment infrastructure its peers provide. This streamlined, low-maintenance profile best serves cost-conscious young professionals and small households in The Annex who value a secure, pool-equipped building with modern finishes and do not require on-site party spaces, dining rooms, or specialty wellness studios to meet their lifestyle needs.