Market Data as of August 31, 2026
The Churchill — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
The Churchill is an established residential building located at 342 Spadina Rd in Toronto's South Midtown neighborhood, developed by Crystaland Holdings and completed in 1986, comprising 20 total suites. The property currently has zero units available on the active market, yielding an availability rate of 0%. Recent leasing velocity stands at 1 closed lease over the past 90 days with an average days on market of 32, alongside 0 leases closed over the past 30 days.
Active asking rent data is unavailable due to zero current listings, while the single realized 90-day lease closed at an average monthly rent of $2,100 per month, equating to $3.82 per square foot across a 550-square-foot floor plan. The Churchill's realized lease rate per square foot tracks below the broader South Midtown submarket asking benchmark of $4.64 per square foot.
Marketing friction remains minimal, with closed days on market averaging 32 days and delisted tracking at zero units. Tenants operating within this tenant-favorable leasing environment successfully negotiated an average discount of $100 per month, translating to 4.55% below asking, with 100.0% of leases closing under asking. Prospective renters seeking selection at The Churchill face zero active inventory, requiring monitoring for upcoming lease expirations.
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Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-06-15 | 1 | 2200 | 550 | 4.00 | N/A |
| 2026-06-16 | 1 | 2200 | 550 | 4.00 | 1 |
| 2026-06-17 | 1 | 2200 | 550 | 4.00 | 2 |
| 2026-06-18 | 1 | 2200 | 550 | 4.00 | 3 |
| 2026-06-19 | 1 | 2200 | 550 | 4.00 | 4 |
| 2026-06-20 | 1 | 2200 | 550 | 4.00 | 5 |
| 2026-06-21 | 1 | 2200 | 550 | 4.00 | 6 |
| 2026-06-22 | 1 | 2200 | 550 | 4.00 | 7 |
| 2026-06-23 | 1 | 2200 | 550 | 4.00 | 8 |
| 2026-06-24 | 1 | 2200 | 550 | 4.00 | 9 |
| 2026-06-25 | 2 | 2600 | 650 | 4.00 | 5 |
| 2026-06-26 | 2 | 2600 | 650 | 4.00 | 6 |
| 2026-06-27 | 2 | 2600 | 650 | 4.00 | 7 |
| 2026-06-28 | 2 | 2600 | 650 | 4.00 | 8 |
| 2026-06-29 | 2 | 2600 | 650 | 4.00 | 9 |
| 2026-06-30 | 2 | 2600 | 650 | 4.00 | 10 |
| 2026-07-01 | 2 | 2600 | 650 | 4.00 | 11 |
| 2026-07-02 | 2 | 2600 | 650 | 4.00 | 12 |
| 2026-07-03 | 2 | 2600 | 650 | 4.00 | 13 |
| 2026-07-04 | 2 | 2600 | 650 | 4.00 | 14 |
| 2026-07-05 | 2 | 2600 | 650 | 4.00 | 15 |
| 2026-07-06 | 1 | 2200 | 550 | 4.00 | 21 |
| 2026-07-07 | 1 | 2200 | 550 | 4.00 | 22 |
| 2026-07-08 | 1 | 2200 | 550 | 4.00 | 23 |
| 2026-07-09 | 1 | 2200 | 550 | 4.00 | 24 |
| 2026-07-10 | 1 | 2200 | 550 | 4.00 | 25 |
| 2026-07-11 | 1 | 2200 | 550 | 4.00 | 26 |
| 2026-07-12 | 1 | 2200 | 550 | 4.00 | 27 |
| 2026-07-13 | 1 | 2200 | 550 | 4.00 | 28 |
| 2026-07-14 | 1 | 2200 | 550 | 4.00 | 29 |
| 2026-07-15 | 1 | 2200 | 550 | 4.00 | 30 |
| 2026-07-16 | 1 | 2200 | 550 | 4.00 | 31 |
12-Month Market Dynamics & Trend Trajectory
The Churchill has recorded a lifetime leasing volume of 1 transaction, achieving an average rent of $2,100 per month at $3.82 per square foot across an average suite size of 550 square feet. Average days on market stand at 32 days, reflecting steady tenant turnover within this 20-suite residential tower registered in 1986. Transaction distribution demonstrates clear tenant favorability, with 100% of leases closing below initial asking prices. Prospective renters successfully leveraged prevailing market conditions to secure concessions, achieving an average negotiation discount of $100 per month or 4.55% below asking. This pricing friction generated annual tenant savings of $1,200 per year, underscoring a landlord concession environment where properties must price competitively against broader South Midtown submarket benchmarks averaging $3,731 per month.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-07-12 | 1 | 2100 | 550 | 3.82 | 32 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
The Churchill at 342 Spadina Rd is situated within a tightly clustered micro-market surrounded by four direct competitors: 425 Walmer located 0.05 km away (completed 1986, 0 active listings), Churchill Park Condominiums at 336 Spadina Rd located 0.11 km away (completed 2011, 0 active listings), Winston Place at 349 St Clair Ave W located 0.12 km away (completed 1977, 0 active listings), and Heathside Place of Forest Hill at 447 Walmer Road located 0.13 km away (completed 1983, 0 active listings). These properties represent distinct structural eras ranging from the late 1970s through the early 2010s, with The Churchill built in 1986 aligning closely with the mid-1980s age of 425 Walmer and Heathside Place. Because active and closed lease metrics are not currently reporting across the immediate competitor set, broader micro-market pricing is anchored by submarket benchmarks rather than direct peer leasing averages. The Churchill maintains an established presence in South Midtown, where it provides an established 20-suite development that balances its 1986 construction age against modern resident expectations.
Comparable Analysis & Questions
How do rental rates at The Churchill compare to neighbouring buildings within South Midtown?
The Churchill averages $2,100 per month at $3.82 per square foot for its tracked 550-square-foot units, while specific competing lease metrics across nearby properties are currently unpopulated in the active dataset. Individual competitor benchmarks include 425 Walmer (0.05 km away, built in 1986, 0 active listings), Churchill Park Condominiums at 336 Spadina Rd (0.11 km away, built in 2011, 0 active listings), Winston Place at 349 St Clair Ave W (0.12 km away, built in 1977, 0 active listings), and Heathside Place of Forest Hill at 447 Walmer Road (0.13 km away, built in 1983, 0 active listings), all of which currently record no active lease transactions.
Does The Churchill offer a competitive price-per-square-foot ($/SF) against local comparables?
The Churchill achieves a realized lease rate of $3.82 per square foot across an average suite size of 550 square feet, positioning its value profile competitively against the broader South Midtown submarket average asking rate of $4.64 per square foot. Renters evaluating The Churchill versus newer or alternative neighborhood options trade off ultra-modern finishes for efficient, functional layouts that deliver significant cost savings relative to the submarket average asking rent of $4,012 per month. This cost advantage is further reinforced by recent tenant leasing patterns, where incoming occupants successfully negotiated an average discount of $100 per month or 4.55% below asking.
How do building age, amenities, and developer reputation impact rent spreads?
The Churchill delivers a robust lifestyle and amenity profile featuring 24-hour concierge service, a party and lounge room, a professional meeting room, a games and billiards room, an on-site gym and fitness centre, and convenient EV charging stations. When contrasted with nearby peers, The Churchill matches or exceeds standard building offerings, going head-to-head with 425 Walmer's rooftop terrace and garden courtyard, Churchill Park Condominiums' specialized yoga studio and sauna facilities, Winston Place's steam rooms and barbecue areas, and Heathside Place's indoor pool and terrace. This comprehensive amenity package positions The Churchill as an ideal home for professionals and downsizers seeking full-service building features in the South Midtown area.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around The Churchill.
Building Amenities
- Concierge & Security
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Gym & Fitness Centre
- EV Charging Station
Residential Buildings in the Vicinity
- 425 Walmer52 m
- Churchill Park Condominiums112 m
- Winston Place120 m
- Heathside Place of Forest Hill134 m
- The Code145 m
- Village Park263 m
- Village Terraces314 m
- Boutique 60 Montclair356 m
- Village Gate I375 m
- Lonsdale by the Village396 m
- 78 Warren397 m
- 317-319 Lonsdale411 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Churchill.
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.