Market Data as of August 31, 2026
Pavilia Towers - Building B — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Pavilia Towers - Building B at 38 Gandhi Lane in the Markham West neighborhood of Markham is an established development completed in 2023 by Times Group, containing 369 total suites. The building currently reports 4 active listings, representing an availability rate of 1.1%. Over the past 90 days, the property achieved 10 closed leases with an average days on market of 13, alongside 6 closed leases over the past 30 days maintaining an average days on market of 17.
Current active asking rents average $3,050 per month at $2.83 per square foot, comparing directly against the 90-day realized lease average of $2,608 per month at $3.68 per square foot. Active inventory averages 1,111 square feet, which runs larger than the historical lease average of 722 square feet, positioning the active asking rate per square foot below the broader Markham West submarket asking benchmark of $3.61 per square foot by 21.6%.
Landlord leasing activity demonstrates a tenant-favorable backdrop where 27.3% of leases closed under asking, securing an average discount of $18 per month (a 0.75% markdown), while unrented units sat on the market for an average of 30 days while asking $3,100 per month. Prospective renters find the deepest selection in 2-Bedroom active layouts, backed by single-listing availability in 1-Bedroom and 3-Bedroom+ tiers.
Get Monthly Rental Market Updates for Pavilia Towers - Building B
Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.
Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Pavilia Towers - Building B as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Pavilia Towers - Building B recently?
Pavilia Towers - Building B features 4 active listings as of August 31, 2026, offering an asking price range between $1,550 and $4,699 per month with an average rent of $3,050 per month and a median rent of $2,975 per month. Active suites average 1,111 square feet at an asking rate of $2.83 per square foot, with 2-Bedroom layouts capturing a dominant 50% share of available inventory. Current listings skew toward larger floor plans rather than entry-level compact layouts.
What floor plans and unit layouts are currently available at Pavilia Towers - Building B?
The dominant active layout at Pavilia Towers - Building B is the 2-Bedroom configuration, which accounts for 2 active listings and a 50% inventory share, asking an average rent of $2,975 per month across an average of 900 square feet at $3.32 per square foot. The 1-Bedroom tier provides 1 active listing representing a 25% share, averaging $1,550 per month across 1,300 square feet at $1.19 per square foot. The 3-Bedroom+ tier accounts for the remaining 25% share with 1 active listing asking $4,699 per month across 1,344 square feet at $3.50 per square foot.
What is the average asking rent and $/SF by suite size at Pavilia Towers - Building B?
Pavilia Towers - Building B features a minimum entry rent of $1,550 per month and a peak asking rent of $4,699 per month, establishing a dollar spread of $3,149 per month or a 203.2% spread. The median asking rent sits at $2,975 per month across all active inventory. The entry-level option consists of a 1-Bedroom suite offering 1,300 square feet at an asking rate of $1.19 per square foot, whereas the peak tier comprises a 3-Bedroom+ residence spanning 1,344 square feet at an asking rate of $3.50 per square foot.
How much extra do parking spaces and dens cost at Pavilia Towers - Building B?
Pavilia Towers - Building B currently lacks sufficient data to isolate active den premiums or square footage deltas. Active parking premium data is inconclusive due to an anomalous outlier or insufficient paired sample, meaning parking stall costs cannot be reliably isolated from current listings.
How do asking rents at Pavilia Towers - Building B compare to local and municipal benchmarks?
Pavilia Towers - Building B asks an average rent of $3,050 per month at $2.83 per square foot, comparing to the Markham West submarket asking average of $2,730 per month at $3.61 per square foot. The building's lower nominal rate per square foot is driven by larger average suite sizes rather than cheaper base pricing, with the building's asking rate per square foot sitting 21.6% below the submarket asking benchmark. Active inventory accounts for 40 total active listings across the broader 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 Pavilia Towers - Building B (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Pavilia Towers - Building B last month, and how fast did they rent?
Pavilia Towers - Building B recorded an average of 17 days on market over the past 30 days, 13 days over the past 90 days, and a lifetime average of 15 days, comparing favorably against the broader Markham West submarket benchmark of 26 days. Leasing velocity accelerated with 6 closed transactions in the past 30 days, following 4 transactions earlier in the 90-day window, demonstrating robust tenant absorption through the summer months.
What is the negotiation spread between asking rents and closed lease prices at Pavilia Towers - Building B?
Pavilia Towers - Building B transactions closed at an average discount of $18 per month off asking, representing a 0.75% markdown below asking price and delivering $216 per year in annual tenant savings through landlord concessions. Exactly 27.3% of leases closed under asking, reflecting a tenant-favorable leasing environment where well-positioned units traded slightly below initial landlord expectations.
What are typical executed lease prices across different layouts at Pavilia Towers - Building B?
Pavilia Towers - Building B leasing activity was anchored by 1-Bedroom and 1-Bedroom + Den floor plans, which commanded average monthly rents of $2,350 per month and $2,400 per month with average marketing times of 17 and 19 days respectively. The 1-Bedroom tier comprised 4 closed leases with an average rent of $2,350 per month, a median rent of $2,325 per month, a P25-P75 range of $2,300 to $2,375 per month, an average size of 586 square feet, $4.02 per square foot, and an average DOM of 17 days (note that this represents an individual deal rather than a broad statistical benchmark). The 1-Bedroom + Den tier represented 4 closed leases with an average rent of $2,400 per month, a median rent of $2,400 per month, a P25-P75 range of $2,388 to $2,412 per month, an average footprint of 645 square feet, $3.72 per square foot, and an average DOM of 19 days (note that this represents an individual deal rather than a broad statistical benchmark). The 2-Bedroom + Den tier accounted for 2 closed leases averaging $3,240 per month, a median of $3,240 per month, a P25-P75 range of $3,170 to $3,310 per month, an average area of 1,031 square feet, $3.15 per square foot, and an average DOM of 9 days (note that this represents an individual deal rather than a broad statistical benchmark). The 2-Bedroom tier represented an individual single transaction closing at an average rent of $2,950 per month, a median of $2,950 per month, a P25-P75 range of $2,950 to $2,950 per month, an average size of 950 square feet, $3.11 per square foot, and a 5-day marketing period (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 Pavilia Towers - Building B?
Pavilia Towers - Building B registered insufficient paired data to isolate a distinct monthly leased parking premium. Suite bundling patterns indicate that vehicle stalls were typically included within larger multi-bedroom tier leases without separate line-item accounting. Active parking premium data remains inconclusive due to an insufficient sample size.
How does the lease-to-listing ratio at Pavilia Towers - Building B reflect current tenant demand?
Pavilia Towers - Building B rents followed an upward trajectory across the tracked monthly timeline from spring to late summer. In April 2026, 1 lease closed at an average rent of $2,350 per month, $3.62 per square foot, and 35 days on market. In June 2026, 2 leases closed at an average rent of $3,025 per month, $3.18 per square foot, and 7 days on market. In July 2026, 2 leases closed at an average rent of $2,425 per month, $3.73 per square foot, and 7 days on market. In August 2026, 6 leases closed at an average rent of $2,530 per month, $3.82 per square foot, and 17 days on market.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Pavilia Towers - Building B (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Pavilia Towers - Building B, and what was their re-listing price compared to previous asking?
Pavilia Towers - Building B recorded 1 total delisted unit, representing a delisted-to-leased ratio of 16.7% relative to 11 closed leases. This unrented listing consisted entirely of 1 terminated record, with zero expired or suspended listings. This equates to roughly 1 listing pulled for every 6 successful leases, indicating a healthy and efficient landlord leasing channel.
How do asking prices on de-listed suites compare to executed leases and active listings at Pavilia Towers - Building B?
Pavilia Towers - Building B unrented units asked an average of $3,100 per month, which is $570 per month above realized lease averages of $2,530 per month. The rate per square foot for delisted units averaged $3.65 per square foot compared to the overall leased average of $3.67 per square foot. Unrented units were overpriced relative to realized leases, as landlords pushed asking rates beyond what active prospective tenants were willing to pay.
What market friction causes rental listings to stall or de-list at Pavilia Towers - Building B?
Pavilia Towers - Building B unrented units sat on the market for an average of 30 days, exceeding realized lease marketing times by an excess of 13 days. Translating these 13 excess marketing days into economic carrying costs results in roughly half a month of lost rental income plus ongoing monthly condo maintenance fees, illustrating the financial penalty of overpricing.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-04-27 | 1 | 4500 | 1344 | 3.35 | 9 |
| 2026-04-28 | 1 | 4500 | 1344 | 3.35 | 10 |
| 2026-04-29 | 2 | 3825 | 1147 | 3.33 | 6 |
| 2026-04-30 | 2 | 3825 | 1147 | 3.33 | 7 |
| 2026-05-01 | 2 | 3825 | 1147 | 3.33 | 8 |
| 2026-05-02 | 2 | 3825 | 1147 | 3.33 | 9 |
| 2026-05-03 | 2 | 3825 | 1147 | 3.33 | 10 |
| 2026-05-04 | 2 | 3825 | 1147 | 3.33 | 11 |
| 2026-05-05 | 3 | 3383 | 981 | 3.50 | 8 |
| 2026-05-06 | 3 | 3383 | 981 | 3.50 | 9 |
| 2026-05-07 | 3 | 3383 | 981 | 3.50 | 10 |
| 2026-05-08 | 3 | 3383 | 981 | 3.50 | 11 |
| 2026-05-09 | 3 | 3383 | 981 | 3.50 | 12 |
| 2026-05-10 | 3 | 3383 | 981 | 3.50 | 13 |
| 2026-05-11 | 3 | 3383 | 981 | 3.50 | 14 |
| 2026-05-12 | 3 | 3383 | 981 | 3.50 | 15 |
| 2026-05-13 | 3 | 3383 | 981 | 3.50 | 16 |
| 2026-05-14 | 4 | 2938 | 1061 | 2.94 | 13 |
| 2026-05-15 | 4 | 2938 | 1061 | 2.94 | 14 |
| 2026-05-16 | 4 | 2938 | 1061 | 2.94 | 15 |
| 2026-05-17 | 4 | 2938 | 1061 | 2.94 | 16 |
| 2026-05-18 | 4 | 2938 | 1061 | 2.94 | 17 |
| 2026-05-19 | 4 | 2938 | 1061 | 2.94 | 18 |
| 2026-05-20 | 3 | 2867 | 1098 | 2.81 | 18 |
| 2026-05-21 | 3 | 2867 | 1098 | 2.81 | 19 |
| 2026-05-22 | 3 | 2867 | 1098 | 2.81 | 20 |
| 2026-05-23 | 3 | 2867 | 1098 | 2.81 | 21 |
| 2026-05-24 | 3 | 2867 | 1098 | 2.81 | 22 |
| 2026-05-25 | 3 | 2867 | 1098 | 2.81 | 23 |
| 2026-05-26 | 3 | 2867 | 1098 | 2.81 | 24 |
| 2026-05-27 | 3 | 2867 | 1098 | 2.81 | 25 |
| 2026-05-28 | 3 | 2867 | 1098 | 2.81 | 26 |
| 2026-05-29 | 3 | 2867 | 1098 | 2.81 | 27 |
| 2026-05-30 | 3 | 2867 | 1098 | 2.81 | 28 |
| 2026-05-31 | 3 | 2867 | 1098 | 2.81 | 29 |
| 2026-06-01 | 2 | 3050 | 1322 | 2.29 | 31 |
| 2026-06-02 | 2 | 3050 | 1322 | 2.29 | 32 |
| 2026-06-03 | 2 | 3050 | 1322 | 2.29 | 33 |
| 2026-06-04 | 2 | 3050 | 1322 | 2.29 | 34 |
| 2026-06-05 | 4 | 3038 | 1136 | 2.74 | 18 |
| 2026-06-06 | 4 | 3038 | 1136 | 2.74 | 19 |
| 2026-06-07 | 4 | 3038 | 1136 | 2.74 | 20 |
| 2026-06-08 | 4 | 3038 | 1136 | 2.74 | 21 |
| 2026-06-09 | 4 | 3038 | 1136 | 2.74 | 22 |
| 2026-06-10 | 4 | 2763 | 999 | 3.12 | 21 |
| 2026-06-11 | 4 | 2763 | 999 | 3.12 | 22 |
| 2026-06-12 | 4 | 2763 | 999 | 3.12 | 23 |
| 2026-06-13 | 3 | 2650 | 1015 | 3.07 | 30 |
| 2026-06-14 | 3 | 2650 | 1015 | 3.07 | 31 |
| 2026-06-15 | 3 | 2650 | 1015 | 3.07 | 32 |
| 2026-06-16 | 3 | 2650 | 1015 | 3.07 | 33 |
| 2026-06-17 | 3 | 2650 | 1015 | 3.07 | 34 |
| 2026-06-18 | 3 | 2650 | 1015 | 3.07 | 35 |
| 2026-06-19 | 3 | 2650 | 1015 | 3.07 | 36 |
| 2026-06-20 | 3 | 2650 | 1015 | 3.07 | 37 |
| 2026-06-21 | 3 | 2650 | 1015 | 3.07 | 38 |
| 2026-06-22 | 3 | 2650 | 1015 | 3.07 | 39 |
| 2026-06-23 | 2 | 1725 | 850 | 2.93 | 27 |
| 2026-06-24 | 2 | 1725 | 850 | 2.93 | 28 |
| 2026-06-25 | 1 | 1850 | 400 | 4.63 | 15 |
| 2026-06-26 | 1 | 1850 | 400 | 4.63 | 16 |
| 2026-06-27 | 1 | 1850 | 400 | 4.63 | 17 |
| 2026-06-28 | 1 | 1850 | 400 | 4.63 | 18 |
| 2026-06-29 | 1 | 1850 | 400 | 4.63 | 19 |
| 2026-06-30 | 2 | 2125 | 525 | 4.16 | 10 |
| 2026-07-01 | 2 | 2125 | 525 | 4.16 | 11 |
| 2026-07-02 | 1 | 2400 | 650 | 3.69 | 2 |
| 2026-07-03 | 1 | 2400 | 650 | 3.69 | 3 |
| 2026-07-04 | 1 | 2400 | 650 | 3.69 | 4 |
| 2026-07-05 | 1 | 2400 | 650 | 3.69 | 5 |
| 2026-07-06 | 1 | 2400 | 650 | 3.69 | 6 |
| 2026-07-07 | 2 | 3550 | 997 | 3.59 | 4 |
| 2026-07-08 | 2 | 3550 | 997 | 3.59 | 5 |
| 2026-07-09 | 1 | 4699 | 1344 | 3.50 | 2 |
| 2026-07-10 | 2 | 3575 | 997 | 3.63 | 2 |
| 2026-07-11 | 2 | 3575 | 997 | 3.63 | 3 |
| 2026-07-12 | 2 | 3575 | 997 | 3.63 | 4 |
| 2026-07-13 | 5 | 2870 | 754 | 3.89 | 2 |
| 2026-07-14 | 4 | 2975 | 780 | 3.92 | 3 |
| 2026-07-15 | 4 | 2975 | 780 | 3.92 | 4 |
| 2026-07-16 | 4 | 2975 | 780 | 3.92 | 5 |
| 2026-07-17 | 4 | 2975 | 780 | 3.92 | 6 |
| 2026-07-18 | 4 | 2975 | 780 | 3.92 | 7 |
| 2026-07-19 | 4 | 2975 | 780 | 3.92 | 8 |
| 2026-07-20 | 5 | 3000 | 794 | 3.87 | 7 |
| 2026-07-21 | 5 | 3000 | 794 | 3.87 | 8 |
| 2026-07-22 | 5 | 3000 | 794 | 3.87 | 9 |
| 2026-07-23 | 5 | 3000 | 794 | 3.87 | 10 |
| 2026-07-24 | 5 | 3000 | 794 | 3.87 | 11 |
| 2026-07-25 | 5 | 3000 | 794 | 3.87 | 12 |
| 2026-07-26 | 5 | 3000 | 794 | 3.87 | 13 |
| 2026-07-27 | 5 | 3000 | 794 | 3.87 | 14 |
| 2026-07-28 | 5 | 3000 | 794 | 3.87 | 15 |
| 2026-07-29 | 5 | 3000 | 794 | 3.87 | 16 |
| 2026-07-30 | 5 | 2980 | 794 | 3.83 | 13 |
| 2026-07-31 | 5 | 2980 | 794 | 3.83 | 14 |
| 2026-08-01 | 5 | 2980 | 794 | 3.83 | 15 |
| 2026-08-02 | 6 | 3047 | 847 | 3.70 | 14 |
| 2026-08-03 | 6 | 3047 | 847 | 3.70 | 15 |
| 2026-08-04 | 6 | 3047 | 847 | 3.70 | 16 |
| 2026-08-05 | 6 | 3047 | 847 | 3.70 | 17 |
| 2026-08-06 | 6 | 3047 | 847 | 3.70 | 18 |
| 2026-08-07 | 4 | 3382 | 964 | 3.61 | 20 |
| 2026-08-08 | 4 | 3382 | 964 | 3.61 | 21 |
| 2026-08-09 | 4 | 3382 | 964 | 3.61 | 22 |
| 2026-08-10 | 4 | 3382 | 964 | 3.61 | 23 |
| 2026-08-11 | 4 | 3382 | 964 | 3.61 | 24 |
| 2026-08-12 | 3 | 3383 | 915 | 3.81 | 30 |
| 2026-08-13 | 3 | 3383 | 915 | 3.81 | 31 |
| 2026-08-14 | 3 | 3383 | 915 | 3.81 | 32 |
| 2026-08-15 | 3 | 3383 | 915 | 3.81 | 33 |
| 2026-08-16 | 3 | 3383 | 915 | 3.81 | 34 |
| 2026-08-17 | 3 | 3383 | 915 | 3.81 | 35 |
| 2026-08-18 | 3 | 3383 | 915 | 3.81 | 36 |
| 2026-08-19 | 4 | 3100 | 824 | 3.89 | 20 |
| 2026-08-20 | 6 | 2967 | 816 | 3.74 | 14 |
| 2026-08-21 | 6 | 2967 | 816 | 3.74 | 15 |
| 2026-08-22 | 6 | 2967 | 816 | 3.74 | 16 |
| 2026-08-23 | 7 | 2764 | 885 | 3.38 | 15 |
| 2026-08-24 | 7 | 2764 | 885 | 3.38 | 16 |
| 2026-08-25 | 6 | 2833 | 941 | 3.23 | 18 |
| 2026-08-26 | 5 | 2910 | 999 | 3.12 | 22 |
| 2026-08-27 | 5 | 2910 | 999 | 3.12 | 23 |
| 2026-08-28 | 5 | 2910 | 999 | 3.12 | 24 |
| 2026-08-29 | 5 | 2910 | 999 | 3.12 | 25 |
| 2026-08-30 | 5 | 2910 | 999 | 3.12 | 26 |
| 2026-08-31 | 4 | 3050 | 1111 | 2.83 | 22 |
12-Month Market Dynamics & Trend Trajectory
Pavilia Towers - Building B has achieved a lifetime leasing volume of 11 transactions, with an overall average monthly rent of $2,585 per month and an average rate of $3.67 per square foot. Suite sizes average 722 square feet across all recorded leases, backed by a fast lifetime average marketing time of 15 days that points to steady tenant turnover in this Markham West community. Transaction distribution reflects a tenant-favorable leasing environment where 27.3% of deals closed below asking price. Tenants successfully negotiated an average discount of $18 per month, yielding $216 in annual savings and confirming that prospective renters held slight pricing leverage during the tracked leasing window.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-06-07 | 2 | 3025 | 950 | 3.18 | 7 |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 1 | 2400 | 650 | 3.69 | 9 |
| 2026-07-12 | 1 | 2450 | 650 | 3.77 | 4 |
| 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 | 2 | 2350 | 613 | 3.83 | 17 |
| 2026-08-09 | 1 | 3380 | 1112 | 3.04 | 10 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 2 | 2375 | 600 | 3.98 | 6 |
| 2026-08-30 | 1 | 2350 | 550 | 4.27 | 49 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Pavilia Towers - Building B operates within a dense micro-market anchored by four primary competitor properties located within a 0.28-kilometer radius, representing two distinct structural generations. The immediate competitive set includes Pavilia Towers - Building A at 12 Gandhi Lane (0.08 km away, completed in 2023 with 22 active listings), Galleria Tower at 51 Saddlecreek Dr (0.16 km away, built in 2005 with 2 active listings), Thornhill Tower II at 48 Suncrest Blvd (0.24 km away, built in 2004 with 4 active listings), and Parkview Tower II at 37 Galleria Pkwy (0.28 km away, built in 2007 with 5 active listings). While Pavilia Towers - Building A shares the same modern 2023 construction era, the remaining three properties comprise older developments built between 2004 and 2007. Evaluating overall comparable benchmarks across the micro-market reveals an average comp rent of $2,314 per month, an average rate of $3.41 per square foot, and an average suite size of 687 square feet. Positioned as a contemporary new construction asset built in 2023, Pavilia Towers - Building B commands a higher rate per square foot than its mid-2000s competitors due to modern finish quality and efficient architectural layouts, while closely aligning with its sister tower in pricing benchmarks and tenant appeal.
372 Highway 7 E, Richmond Hill
376 Highway 7 E, Richmond Hill
Comparable Analysis & Questions
How do rental rates at Pavilia Towers - Building B compare to neighbouring buildings within Markham West?
Pavilia Towers - Building B achieves an average lease rent of $2,585 per month, outpacing the overall comp average of $2,314 per month across key nearby competitor benchmarks including Pavilia Towers - Building A, Galleria Tower, Thornhill Tower II, and Parkview Tower II. Individual building metrics highlight Pavilia Towers - Building A at 12 Gandhi Lane with an average rent of $2,688 per month, $3.48 per square foot, and an average square footage of 795 square feet; Galleria Tower at 51 Saddlecreek Dr with an average rent of $2,025 per month, $3.12 per square foot, and an average square footage of 650 square feet; Thornhill Tower II at 48 Suncrest Blvd with an average rent of $2,113 per month, $3.47 per square foot, and an average square footage of 613 square feet; and Parkview Tower II at 37 Galleria Pkwy with an average rent of $2,430 per month, $3.57 per square foot, and an average square footage of 688 square feet.
Does Pavilia Towers - Building B offer a competitive price-per-square-foot ($/SF) against local comparables?
Pavilia Towers - Building B establishes its value proposition by trading at an average of $3.67 per square foot across an average suite size of 722 square feet, positioning it competitively against older mid-2000s alternatives and the broader submarket benchmark of $3.52 per square foot. Renters evaluating the building weigh specific trade-offs, accepting a modern, highly efficient contemporary layout with lower utility burdens and contemporary interior finishes in exchange for paying a modest premium over older, larger footprints found in properties like Thornhill Tower II, which averages 613 square feet at $3.47 per square foot, or Galleria Tower, which provides 650 square feet at $3.12 per square foot.
How do building age, amenities, and developer reputation impact rent spreads?
Pavilia Towers - Building B delivers a comprehensive lifestyle and amenity profile that surpasses older neighboring developments by offering contemporary resident spaces tailored to modern urban professionals and families. The property features signature amenities including an indoor pool, a dedicated yoga studio alongside a full gym and fitness centre, a relaxing sauna and steam room, a rooftop terrace, and an indoor kids' play room. When contrasted with older peers such as Galleria Tower, which limits its common elements to a concierge, gym, sauna, and party room, or Thornhill Tower II, which provides a pool and a golf simulator but lacks contemporary wellness and family spaces, Pavilia Towers - Building B offers a superior, resort-grade package that effectively serves young professionals, couples, and small families seeking modern communal living.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Pavilia Towers - Building B.
Building Amenities
- Concierge & Security
- EV Charging Station
- Gym & Fitness Centre
- Yoga Studio
- Indoor Pool
- Sauna & Steam Room
- Games & Billiards Room
- Party & Lounge Room
- Library & Reading Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Garden & Courtyard
- Kids' Play Room - Indoor
Residential Buildings in the Vicinity
- Pavilia Towers - Building A75 m
- Royal Gardens - I140 m
- Galleria Tower162 m
- Royal Gardens - II (Crown Building)232 m
- Thornhill Tower II238 m
- Royal Gardens - II (Palace Building)250 m
- Valleymede Towers - Building A256 m
- Parkview Tower II282 m
- Parkview Tower I294 m
- Thornhill Tower I298 m
- Valleymede Towers - Building B319 m
- Victoria Tower369 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Pavilia Towers - Building B.
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.
