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Market Data as of August 31, 2026

Maverick — Rental Market Data

327 King St W, Toronto, Ontario M5V 0W7
Quick Rent Estimate
Active Suites8 Available
Type
Units
Avg Rent
1-Bedroom
7
$2,636
3-Bedroom+
1
$5,800

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites328
DeveloperEmpire Communities

Maverick, located at 327 King St W in the Entertainment District, is a 328-suite established residential building developed by Empire Communities and completed in 2024. The property maintains an active inventory of 8 listings reflecting a 2.4% availability rate. Over the last 90 days, the building recorded 21 closed transactions with an average days on market of 15 days, alongside a 30-day leasing volume of 6 transactions averaging 18 days on market.

Current active asking rents average $3,031 per month at $5.66 per square foot across an average of 544 square feet, compared to realized 90-day leases averaging $2,424 per month at $4.93 per square foot across an average of 512 square feet. Active asking rates stand 2.4% above the submarket asking benchmark of $5.53 per square foot, while nominal asking rents skew higher due to larger active suite footprints rather than inflated base pricing.

Leasing friction remains minimal with zero delisted units recorded and an average closed days on the market of 15 days, while tenants secured an average discount of $48 per month off asking prices (a 1.65% discount) across 30.8% of leases. Prospective tenants will find deep selection concentrated entirely within the 1-bedroom layout tier, whereas 3-bedroom-plus suites offer severely constrained availability with only a single active listing.

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Active Rental Inventory & Asking Rates

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

Active Units8
+2 (33.3%)
Avg Asking Rent$3,031
-$369 (10.8%)
Avg Suite Size544 sf
-131 sf (19.4%)
Avg Days on Market85d
-7d (8.0%)
Avg Asking $/SF$5.66
+$0.65 (13.0%)

Active Market Insights & Questions

How has rental availability changed at Maverick recently?

Maverick features 8 active listings as of August 31, 2026, with asking rents ranging from $2,300 to $5,800 per month, an average rent of $3,031 per month, and a median rent of $2,650 per month. Active suites average 544 square feet at an asking rate of $5.66 per square foot. The inventory is heavily weighted toward compact entry-level suites, with 1-bedroom layouts capturing an 87.5% dominant share of current active availability.

What floor plans and unit layouts are currently available at Maverick?

The dominant active layout at Maverick is the 1-bedroom configuration, accounting for 7 listings and an 87.5% inventory share. Available 1-bedroom suites average 468 square feet with an average rent of $2,636 per month at $5.70 per square foot across a deep selection sample tier. The remaining inventory consists of a single 3-bedroom-plus listing representing a 12.5% share, averaging 1,071 square feet with an asking rent of $5,800 per month at $5.42 per square foot.

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

Maverick displays a minimum entry rent of $2,300 per month and a peak asking rent of $5,800 per month, creating a dollar spread of $3,500 or a 152.2% spread. The median asking rent sits at $2,650 per month. The entry-level tier comprises a 1-bedroom suite spanning 400 square feet priced at $5.75 per square foot, while the peak tier is anchored by a 3-bedroom-plus layout measuring 1,071 square feet priced at $5.42 per square foot.

How much extra do parking spaces and dens cost at Maverick?

Maverick has active den premium data that is currently unquantified, as active den square footage deltas and dollar premiums are null. Active parking premiums cannot be reliably isolated due to an insufficient paired sample and unreliable outliers. Verified historical leases indicate an average parking premium of $300 per month.

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

Maverick asks an average rent of $3,031 per month at $5.66 per square foot, comparing against the Entertainment District submarket asking benchmark of $3,542 per month at $5.53 per square foot. The building's lower nominal rent is driven by more compact suite sizing rather than cheaper unit pricing, positioning its asking rate at 2.4% above the submarket asking benchmark across its share of the active submarket 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 Maverick (Data period: For the month of August 2026).

Units Leased6
Avg Leased Price$2,558
Avg Leased Size512 sf
Avg Days to Lease18d
Leased $/SF$4.66

Leased Transaction Insights & Questions

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

Maverick recorded a 30-day average days on market of 18 days, a 90-day average of 15 days, and tracks against a submarket benchmark average of 20 days on market. Closed lease counts tracked at 6 units for the past 30 days, 21 units over the past 90 days, and 26 total lifetime transactions, demonstrating steady leasing turnover as summer activity peaked.

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

Maverick units closed at an average monthly discount of $48 per month, representing a 1.65% reduction below asking price and delivering $576 in annual tenant savings. Approximately 30.8% of leases closed under asking, reflecting tenant-favorable market leverage and landlord concessions during negotiations.

What are typical executed lease prices across different layouts at Maverick?

The anchor layout at Maverick is the 1-Bedroom tier, which generated 24 closed leases averaging $2,339 per month with an average 18 days on market. This robust sample features a median rent of $2,350 per month, a P25-P75 range of $2,200 to $2,462 per month, an average size of 488 square feet, and a rate of $4.88 per square foot. The 2-Bedroom tier represents a small sample size with 2 closed leases averaging $3,400 per month, a median of $3,400 per month, a P25-P75 range of $3,325 to $3,475 per month, an average size of 800 square feet, $4.25 per square foot, and 37 days on market.

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

Maverick realized a verified leased parking premium of $300 per month for stalls attached to tenant agreements. Active asking parking rates remain inconclusive due to an insufficient paired sample and unreliable outliers, meaning parking is typically bundled or negotiated case-by-case without standardized line-item premiums.

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

Maverick experienced a general upward rent trajectory across the tracked monthly timeline from spring through late summer. April recorded 1 closed deal averaging $2,400 per month at $4.07 per square foot with 5 days on market. May saw 3 closed deals averaging $2,317 per month at $4.36 per square foot with 33 days on market. June registered 7 closed deals averaging $2,278 per month at $5.20 per square foot with 28 days on market. July posted 9 closed deals averaging $2,478 per month at $4.91 per square foot with 11 days on market. August concluded the summer cycle with 6 closed deals averaging $2,558 per month at $4.66 per square foot with 18 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
Select layout to filter chart
Chart Metrics
Max 2 Plotted
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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)
2026-04-27626335414.8683
2026-04-28626335414.8684
2026-04-29626335414.8685
2026-04-30626335414.8686
2026-05-01726075215.0475
2026-05-02726075215.0476
2026-05-03726075215.0477
2026-05-04726075215.0478
2026-05-05726075215.0479
2026-05-06626255165.1388
2026-05-07726005215.0377
2026-05-08726005215.0378
2026-05-09726005215.0379
2026-05-10726005215.0380
2026-05-11726005215.0381
2026-05-12726005215.0382
2026-05-13527405205.32101
2026-05-14527405205.32102
2026-05-15527405205.32103
2026-05-16427135135.35117
2026-05-17427135135.35118
2026-05-18427135135.35119
2026-05-19427135135.35120
2026-05-20427135135.35121
2026-05-21427135135.35122
2026-05-22526495205.1598
2026-05-23526495205.1599
2026-05-24526495205.15100
2026-05-25526495205.15101
2026-05-26526495205.15102
2026-05-27628585755.0686
2026-05-28628585755.0687
2026-05-29628585755.0688
2026-05-30628585755.0689
2026-05-31628585755.0690
2026-06-01528395805.0093
2026-06-02627335505.0878
2026-06-03726565295.1468
2026-06-04627005255.2778
2026-06-05627005255.2779
2026-06-06627005255.2780
2026-06-07528005505.2296
2026-06-08627175255.3181
2026-06-09627175255.3182
2026-06-10627175255.3183
2026-06-11627175255.3184
2026-06-12627175255.3185
2026-06-13627175255.3186
2026-06-14627175255.3187
2026-06-15726295075.3075
2026-06-16726295075.3076
2026-06-17726295075.3077
2026-06-18726295075.3078
2026-06-19825814945.3470
2026-06-20825814945.3471
2026-06-21825814945.3472
2026-06-22726005075.2375
2026-06-23626675255.1986
2026-06-24626675255.1987
2026-06-25527405505.07102
2026-06-26626835504.9686
2026-06-27726505544.8567
2026-06-28627175804.7378
2026-06-29627175804.7379
2026-06-30528406154.6293
2026-07-01627335804.7778
2026-07-02627335754.8079
2026-07-03528406104.6695
2026-07-04528406104.6696
2026-07-05528406104.6697
2026-07-06627335754.8082
2026-07-07724645074.9365
2026-07-08724645074.9366
2026-07-09525305204.9391
2026-07-10525305204.9392
2026-07-11730646035.0766
2026-07-12730646035.0767
2026-07-13631836125.2179
2026-07-14533206245.3493
2026-07-15534006605.1193
2026-07-16534006605.1194
2026-07-17534006605.1195
2026-07-18534006605.1196
2026-07-19534006605.1197
2026-07-20534006605.1198
2026-07-21632006165.1782
2026-07-22632006165.1783
2026-07-23732296355.0872
2026-07-24732296355.0873
2026-07-25732296355.0874
2026-07-26732296355.0875
2026-07-27732296355.0876
2026-07-28634006755.0189
2026-07-29634006755.0190
2026-07-30634006755.0191
2026-07-31634006755.0192
2026-08-01634006755.0193
2026-08-02634006755.0194
2026-08-03634006755.0195
2026-08-04732716574.9582
2026-08-05831756444.9073
2026-08-06831756444.9074
2026-08-07732716574.9585
2026-08-08831506255.0575
2026-08-09831506255.0576
2026-08-10831506255.0577
2026-08-11831506255.0578
2026-08-12732436355.1290
2026-08-13732436355.1291
2026-08-14732436355.1292
2026-08-15831316065.2181
2026-08-16732366145.3386
2026-08-17732366145.3387
2026-08-18930395835.2869
2026-08-19930395835.2870
2026-08-20930395835.2871
2026-08-21831255875.4080
2026-08-22831255875.4081
2026-08-23831255875.4082
2026-08-24632085915.47104
2026-08-25632085915.47105
2026-08-26731075645.5891
2026-08-27731075645.5892
2026-08-28830315445.6682
2026-08-29830315445.6683
2026-08-30830315445.6684
2026-08-31830315445.6685

12-Month Market Dynamics & Trend Trajectory

Maverick at 327 King St W has achieved a lifetime leasing volume of 26 completed transactions within the Entertainment District. Completed leases averaged $2,421 per month at $4.83 per square foot across an average suite size of 512 square feet, with a lifetime average of 19 days on market reflecting steady tenant turnover. Pricing discipline at the property favored minor concessions, with 30.8% of transactions closing below asking price. Tenants successfully negotiated an average discount of $48 per month, representing a 1.65% variance below asking and securing $576 in annual tenant savings under tenant-favorable conditions.

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
Chart metrics & 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
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-03125005504.5529
2026-05-10222255234.2636
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-31225485504.6348
2026-06-07122004005.505
2026-06-140N/AN/AN/AN/A
2026-06-21221754005.4436
2026-06-28422504445.158
2026-07-05327006004.6419
2026-07-12324335004.989
2026-07-190N/AN/AN/AN/A
2026-07-26122004005.507
2026-08-02125005504.552
2026-08-09125005504.558
2026-08-16223755504.3227
2026-08-23228005755.1021

Nearby Building Rental Comparables & Price Spreads

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

Maverick at 327 King St W operates alongside four direct competitor buildings in the Entertainment District, spanning completion years from 2011 to 2024 with active listings ranging across the immediate micro-market. The competitive set includes Festival Tower (80 John St, completed in 2011, 0.06 km away, 17 active leases), Nobu Residences (15 & 35 Mercer St, completed in 2024, 0.07 km away, 55 active leases), King Blue - King Tower (125 Blue Jays Way, completed in 2020, 0.08 km away, 35 active leases), and King Blue - South Tower (115 Blue Jays Way, completed in 2020, 0.09 km away, 51 active leases). These properties reflect a mix of established luxury towers and brand-new completions, creating distinct generational contrasts in suite design and building systems. Across the micro-market, the overall comparable benchmark registers an average lease rent of $2,913 per month at an average rate of $4.60 per square foot across an average suite size of 645 square feet. Maverick positions itself as a modern, efficiently scaled infill option within this dense urban cluster, balancing its recent 2024 completion status against older mid-2010s icons and contemporary peers. While older towers like Festival Tower offer larger average floor plates, Maverick's newer construction standards deliver contemporary finish packages that appeal to renters seeking lower utility burdens and modern architectural layouts.

80 John St, Toronto

Avg Asking$3,598/mo
Avg $/SF$5.10
Rent Spread:
+$566/mo (+18.7%) Higher

15 & 35 Mercer St, Toronto

Avg Asking$3,027/mo
Avg $/SF$4.54
Rent Spread:
-$4/mo (-0.1%) Lower

125 Blue Jays Way, Toronto

Avg Asking$2,907/mo
Avg $/SF$4.15
Rent Spread:
-$124/mo (-4.1%) Lower

115 Blue Jays Way, Toronto

Avg Asking$2,243/mo
Avg $/SF$4.66
Rent Spread:
-$788/mo (-26.0%) Lower

55 Mercer St, Toronto

Avg Asking$2,818/mo
Avg $/SF$4.79
Rent Spread:
-$213/mo (-7.0%) Lower

8 Widmer St, Toronto

Avg Asking$2,470/mo
Avg $/SF$4.67
Rent Spread:
-$561/mo (-18.5%) Lower

Comparable Analysis & Questions

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

Maverick averages a realized lease rent of $2,421 per month, trading below the overall competitive average of $2,913 per month among nearby benchmark properties including Festival Tower, Nobu Residences, and the King Blue towers. Festival Tower (80 John St) achieves an average lease rent of $3,359 per month at $5.07 per square foot across 679 square feet. Nobu Residences (15 & 35 Mercer St) records an average lease rent of $3,038 per month at $4.55 per square foot across 679 square feet. King Blue - King Tower (125 Blue Jays Way) commands an average lease rent of $3,124 per month at $4.21 per square foot across 749 square feet, while its counterpart King Blue - South Tower (115 Blue Jays Way) reports an average lease rent of $2,132 per month at $4.55 per square foot across 474 square feet.

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

Maverick delivers a value proposition centered on compact, modern efficiency, leasing at an average rate of $4.83 per square foot across an average suite size of 512 square feet compared to the broader submarket benchmark of $4.52 per square foot. Renters evaluating Maverick trade away the sprawling 749-square-foot layouts found at King Blue - King Tower or the 679-square-foot footprints at Festival Tower in exchange for a brand-new 2024 building with optimized floor plans and contemporary finishes. This compact design strategy allows tenants to secure modern build quality and lower gross monthly rent commitments relative to older, larger alternative floor plates in the immediate Entertainment District micro-market.

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

Maverick offers a curated suite of lifestyle amenities designed for urban professionals, featuring a concierge and security service, a gym and fitness centre, a dedicated yoga studio, a party and lounge room, and a rooftop terrace. When contrasted against nearby competitors, Maverick provides a streamlined, wellness-focused amenity package that rivals larger-scale developments without the corresponding maintenance overhead. Festival Tower offers extensive wellness and entertainment spaces including an indoor pool, hot tub, sauna, media room, spa treatment rooms, and a car sharing program. Nobu Residences delivers luxury boutique features such as a spin studio, massage room, cold plunge pool, ofuro, and a pet wash station. King Blue - King Tower incorporates dual indoor and outdoor pools, a business centre, and access to Theatre Museum Canada, while King Blue - South Tower features similar pool and terrace amenities. Maverick's specific mix of fitness and social spaces best serves young professionals and urban singles prioritizing active downtown lifestyles and modern indoor-outdoor communal areas.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Maverick.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Beauty Bar

Data Methodology & Analytical Standards

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

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.