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Market Data as of August 31, 2026

Aura at College Park — Rental Market Data

386-388 Yonge St, Toronto, Ontario M5B 0A5
Quick Rent Estimate
Active Suites19 Available
Type
Units
Avg Rent
3-Bedroom+
7
$2,975
2-Bedroom
5
$3,438
2-Bedroom + Den
5
$4,856
1-Bedroom
1
$2,400
1-Bedroom + Den
1
$3,100

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2015
Total Suites994
DeveloperCanderel Group

Aura at College Park is a prominent residential high-rise development completed in 2015 by developer Canderel Group at 386-388 Yonge St within Toronto's Downtown Core submarket. Spanning a total suite count of 994 units, the property currently maintains an active inventory of 19 available listings, translating to an availability rate of 1.9 percent. Over the past 90 days, the building recorded 70 closed lease transactions with an average days on market of 20 days, while the past 30 days saw 17 closed transactions averaging 19 days on market.

Active asking rents average $3,568 per month at a rate of $4.76 per square foot across an average active suite size of 837 square feet, comparing against realized 90-day leases that averaged $3,411 per month at $4.15 per square foot across 70 completed agreements. Current active inventory features more compact suite sizing compared to historical leasing baselines, while the building's active asking rate per square foot tracks above the broader submarket asking benchmark of $4.56 per square foot.

Marketing friction remains relatively low as demonstrated by closed leases averaging 20 days on market over the past 90 days compared to unrented delisted units lingering for an average of 45 days before withdrawal, while tenants successfully negotiated an average discount of $45 per month (a 1.09% discount below asking) with 36.4 percent of leases closing below initial list prices. Prospective tenants will find deep selection concentrated within the 3-Bedroom+ and 2-Bedroom layout tiers, whereas 1-Bedroom and 1-Bedroom + Den floor plans offer highly constrained single-listing availability.

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Active Rental Inventory & Asking Rates

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

Active Units19
-4 (17.4%)
Avg Asking Rent$3,568
-$85 (2.3%)
Avg Suite Size837 sf
-7902 sf (90.4%)
Avg Days on Market31d
+5d (21.5%)
Avg Asking $/SF$4.76
+$1.05 (28.3%)

Active Market Insights & Questions

How has rental availability changed at Aura at College Park recently?

Aura at College Park features 19 active listings as of August 31, 2026, spanning an asking price range of $1,450 to $5,900 per month with an average asking rent of $3,568 per month and a median asking rent of $3,650 per month. Active listings average 837 square feet in size with a mean asking rate of $4.76 per square foot. The building's current inventory is heavily anchored by multi-bedroom configurations, with 3-Bedroom+ layouts commanding the dominant share of active availability.

What floor plans and unit layouts are currently available at Aura at College Park?

Aura at College Park is led by 3-Bedroom+ suites, which represent 7 active listings and account for 36.8 percent of total available inventory at an average asking rent of $2,975 per month across an average of 649 square feet for $5.77 per square foot. The building also offers 5 standard 2-Bedroom units representing 26.3 percent of inventory with an average asking rent of $3,438 per month across 800 square feet at $4.29 per square foot, alongside 5 units in the 2-Bedroom + Den tier representing another 26.3 percent share asking an average of $4,856 per month across 1,210 square feet for $4.01 per square foot. Entry-level options are severely limited by single-listing availability, comprising a single 1-Bedroom suite asking $2,400 per month across 550 square feet at $4.36 per square foot and a single 1-Bedroom + Den suite asking $3,100 per month across 750 square feet at $4.13 per square foot.

What is the average asking rent and $/SF by suite size at Aura at College Park?

Aura at College Park exhibits a minimum entry rent of $1,450 per month and a peak asking rent of $5,900 per month, creating a dollar spread of $4,450 or a percentage spread of 306.9 percent. The median asking rent across the property rests at $3,650 per month. The minimum entry-level requirement is anchored by a 3-Bedroom+ suite spanning 319 square feet at an asking rate of $4.55 per square foot, while the peak tier is represented by a sprawling 2-Bedroom + Den layout spanning 1,300 square feet at an asking rate of $4.54 per square foot.

How much extra do parking spaces and dens cost at Aura at College Park?

Aura at College Park demands an active den premium of $700 per month for floor plans featuring an extra den space alongside an average square footage delta of 200 square feet. This yields a marginal cost of $3.50 per square foot for the additional den area. Active parking premium data cannot be reliably isolated due to an insufficient paired sample of listings.

How do asking rents at Aura at College Park compare to local and municipal benchmarks?

Aura at College Park commands an average asking rent of $3,568 per month at $4.76 per square foot, comparing against the Downtown Core submarket average asking rent of $3,471 per month at $4.56 per square foot. The property's nominal asking rent variance is influenced by compact suite footprints in select available tiers, while its asking rate per square foot tracks 4.4 percent above the wider submarket asking benchmark. These active listings represent 8.5 percent of the broader submarket's 224 available rental properties.

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 Aura at College Park (Data period: For the month of August 2026).

Units Leased17
Avg Leased Price$3,455
Avg Leased Size834 sf
Avg Days to Lease19d
Leased $/SF$4.17

Leased Transaction Insights & Questions

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

Aura at College Park recorded 17 closed leases over the past 30 days with an average days on market of 19 days, matching the broader Downtown Core benchmark of 21 days. Over the 90-day window, the building saw 70 closed transactions averaging 20 days on market. Across the lifetime tracked dataset of 88 total leases, leasing turnover accelerated sharply through the summer months as rental demand peaked.

What is the negotiation spread between asking rents and closed lease prices at Aura at College Park?

Aura at College Park recorded an average discount of $45 per month below asking (a 1.09% discount off asking price), generating $540 in annual tenant savings. Across the portfolio, 36.4% of leases closed under asking price, highlighting a tenant-favorable leasing environment where prospective renters successfully secured landlord concessions.

What are typical executed lease prices across different layouts at Aura at College Park?

The two highest-volume anchor layouts at Aura at College Park are the 2-Bedroom and 1-Bedroom + Den tiers. The 41 closed 2-Bedroom units averaged $3,324 per month (median $3,300 per month; P25-P75 range: $3,100 to $3,400 per month; 829 square feet; $4.03 per square foot; 22 days on market) as a robust sample. The 15 closed 1-Bedroom + Den units averaged $2,772 per month (median $2,800 per month; P25-P75 range: $2,700 to $2,850 per month; 696 square feet; $4.00 per square foot; 11 days on market) as a robust sample. The 13 closed 1-Bedroom units averaged $2,322 per month (median $2,350 per month; P25-P75 range: $2,300 to $2,450 per month; 612 square feet; $4.00 per square foot; 19 days on market) as a robust sample. The 12 closed 2-Bedroom + Den units averaged $4,313 per month (median $4,275 per month; P25-P75 range: $4,112 to $4,500 per month; 1,100 square feet; $4.51 per square foot; 20 days on market) as a robust sample. The 7 closed 3-Bedroom+ units averaged $4,707 per month (median $4,700 per month; P25-P75 range: $4,600 to $4,825 per month; 1,124 square feet; $4.21 per square foot; 22 days on market) as a moderate sample.

What measurable rent premium did suites with parking achieve in closed leases at Aura at College Park?

Aura at College Park achieved a verified realized parking premium of $125 per month for suites that included parking stalls. Parking stalls are typically bundled directly into larger two-bedroom and multi-bedroom floor plans. Active asking parking data remains inconclusive as current listings lack sufficient isolated line-item parking values to establish a baseline.

How does the lease-to-listing ratio at Aura at College Park reflect current tenant demand?

Aura at College Park experienced a steady upward rent trajectory from early spring through the summer peak. In April 2026, 3 units closed averaging $2,708 per month at $3.94 per square foot with 18 days on market. By May 2026, 15 units closed averaging $3,057 per month at $3.91 per square foot with 17 days on market. In June 2026, 17 units closed averaging $3,221 per month at $3.94 per square foot with 12 days on market. Volume peaked in July 2026 with 36 closed deals averaging $3,481 per month at $4.23 per square foot over 24 days on market. August 2026 stabilized with 17 closed leases averaging $3,455 per month at $4.17 per square foot across 19 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Aura at College Park (Data period: For the month of August 2026).

Delisted Units6
Avg Asking Price$3,333
Avg Suite Size900 sf
Avg Days on Market45d
Delisted $/SF$3.72

De-Listed Market Analysis & Questions

How many listings de-listed at Aura at College Park, and what was their re-listing price compared to previous asking?

Aura at College Park recorded 6 total delisted units, translating to a delisted-to-leased ratio of 35.3% relative to closed transaction volume. The unrented inventory breakdown consists of 5 terminated listings and 1 expired listing, with zero suspensions. This indicates roughly one unrented listing pulled for every three successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Aura at College Park?

Aura at College Park unrented units asked an average of $3,333 per month, which represents an average of $122 per month below realized lease averages nominally due to smaller average floor plans, but commanded a higher rate per square foot ($3.72 per square foot versus $4.10 per square foot lifetime realized lease rate), demonstrating that unrented units were priced higher on a square-foot basis.

What market friction causes rental listings to stall or de-list at Aura at College Park?

Aura at College Park unrented listings averaged 45 days on market compared to 19 days for successfully realized leases, creating an excess of 26 marketing days. This extended vacancy carry translates to nearly one full month of lost rental income plus ongoing condo maintenance fees, highlighting the carrying cost of pricing pushback.

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
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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)
2026-04-271234529593.6622
2026-04-281434199393.7020
2026-04-291434199393.7021
2026-04-301434199393.7022
2026-05-011434169433.6822
2026-05-021334259493.6625
2026-05-031334259493.6626
2026-05-041233439183.6924
2026-05-051132188843.7125
2026-05-061132188843.7126
2026-05-071032358933.7029
2026-05-081032358933.7030
2026-05-091032358933.7031
2026-05-101132688893.7529
2026-05-111331358603.7225
2026-05-121330658363.7725
2026-05-131330658363.7726
2026-05-141430828373.7825
2026-05-151231508663.7425
2026-05-161231508663.7426
2026-05-171231508663.7427
2026-05-181231508663.7428
2026-05-191231508663.7429
2026-05-201132148683.8131
2026-05-211032859013.7335
2026-05-22933729403.6438
2026-05-231035359763.6635
2026-05-241035359763.6636
2026-05-251035359763.6637
2026-05-261134829493.7231
2026-05-271234509333.7529
2026-05-281234509333.7530
2026-05-291134779473.7230
2026-05-301235089603.7129
2026-05-311233959893.5026
2026-06-011635019733.6621
2026-06-021734989663.6920
2026-06-032034269233.8018
2026-06-042234959033.9417
2026-06-052234959033.9418
2026-06-062335129013.9718
2026-06-072234798923.9720
2026-06-082135599183.9421
2026-06-092335519093.9720
2026-06-102536679313.9920
2026-06-112836289194.0019
2026-06-122836019064.0219
2026-06-132736079084.0220
2026-06-142835568954.0221
2026-06-153236099044.0419
2026-06-163236819184.0520
2026-06-173236819184.0521
2026-06-183436679144.0420
2026-06-193636738944.3220
2026-06-203736798994.3020
2026-06-213736798994.3021
2026-06-223736798994.3022
2026-06-233936338894.2822
2026-06-243836488924.2924
2026-06-253536528944.3126
2026-06-263436578954.3126
2026-06-273536208854.3127
2026-06-283436018794.3328
2026-06-293336448894.3429
2026-06-303036658804.4124
2026-07-013136558764.4124
2026-07-023236908894.3924
2026-07-033437379024.3724
2026-07-043438409094.4421
2026-07-053438409094.4422
2026-07-063437828944.4423
2026-07-073137389014.1723
2026-07-083336378964.1022
2026-07-093335868824.1022
2026-07-103635808844.0921
2026-07-113535828884.0722
2026-07-123436178984.0623
2026-07-133636839194.0523
2026-07-143337079234.0525
2026-07-153037039264.0526
2026-07-162836969224.0528
2026-07-172736559164.0427
2026-07-182736559164.0428
2026-07-192736559164.0429
2026-07-202636948924.4628
2026-07-212636948964.4327
2026-07-222936508824.4225
2026-07-232836018754.4126
2026-07-242736818984.4028
2026-07-252835918934.3127
2026-07-262936058994.2927
2026-07-2729358270614.2027
2026-07-2830360268953.8127
2026-07-2925364181033.7626
2026-07-3024363084063.7325
2026-07-3123365387393.7125
2026-08-0123373887433.8026
2026-08-0223373887433.8027
2026-08-0324369584063.8127
2026-08-0426372278303.8526
2026-08-0526372278303.8527
2026-08-0624374584123.8429
2026-08-0724368683973.8429
2026-08-0823372987343.8231
2026-08-0922374090933.8133
2026-08-10193701103703.7835
2026-08-111638019693.9841
2026-08-121538459833.9744
2026-08-131538459833.9745
2026-08-141538459833.9746
2026-08-151538459833.9747
2026-08-1613391710123.9347
2026-08-171438669933.9545
2026-08-181539339334.7340
2026-08-191639259274.7139
2026-08-201639189344.6638
2026-08-211637839064.6538
2026-08-221637839064.6539
2026-08-231637839064.6540
2026-08-241836908814.6136
2026-08-251836908814.6137
2026-08-261837358924.6137
2026-08-272234858244.6530
2026-08-282234858244.6531
2026-08-292135198324.6733
2026-08-302035208324.6936
2026-08-311935688374.7631

12-Month Market Dynamics & Trend Trajectory

Aura at College Park has established a deep historical leasing record with 88 total closed transactions averaging $3,327 per month at $4.10 per square foot. Suites across the tower average 834 square feet with a consistent lifetime days on market of 19 days, reflecting steady tenant turnover and continuous leasing velocity in the Downtown Core. Pricing discipline across the building leans moderately in favor of renters, with transactions showing 36.4% of leases closing below asking price. Tenants successfully leveraged market conditions to secure an average discount of $45 per month, translating to tangible annual savings and reflecting landlord concessions in a competitive submarket.

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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.

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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)
2026-04-26230757803.967
2026-05-03436259893.7723
2026-05-10328837174.0511
2026-05-17325176444.0712
2026-05-24231258133.8524
2026-05-31227757503.7021
2026-06-07532808503.948
2026-06-14135508504.1813
2026-06-21533908473.987
2026-06-28727207883.6228
2026-07-05635748924.0422
2026-07-121135688864.0620
2026-07-19736068814.1223
2026-07-261035388384.8827
2026-08-02435508634.1212
2026-08-09734078394.1015
2026-08-16339009004.3341
2026-08-23227406504.2219
2026-08-30135008234.256

Nearby Building Rental Comparables & Price Spreads

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

Aura at College Park is evaluated against a competitive set of four nearby buildings spanning two distinct structural generations in the Downtown Core: the newly completed Teahouse Condos at 401 Yonge Street (built in 2023, located 0.07 kilometers away with 0 active listings) alongside three established mid-tier options from the 1990s, including The Liberties on Bay III at 44 Gerrard St W (built in 1990, located 0.12 kilometers away with 9 active listings), The Liberties on Bay II at 711 Bay St (built in 1990, located 0.16 kilometers away with 13 active listings), and The Liberties on Bay I at 717 Bay St (built in 1990, located 0.17 kilometers away with 10 active listings). Aura at College Park is a high-rise residential development completed in 2015, bridging the gap between older 1990s footprints and contemporary high-rises. Positioned within this micro-market, Aura at College Park achieves an average lease rate of $4.10 per square foot across an average suite size of 834 square feet, aligning closely with the broader competitive benchmark average of $3.69 per square foot across 897 square feet and an average rent of $3,155 per month. While older competitor benchmarks feature varied efficiency ratios, Aura at College Park leverages its mid-2010s construction era to balance modern vertical scale with competitive space utilization, trading at a favorable rate per square foot relative to select older peers while maintaining larger footprints than compact 1990s layouts.

401 Yonge Street, Toronto

Avg Asking$1,400/mo
Avg $/SF$1.47
Rent Spread:
-$2,168/mo (-60.8%) Lower

44 Gerrard St W, Toronto

Avg Asking$3,026/mo
Avg $/SF$3.96
Rent Spread:
-$542/mo (-15.2%) Lower

711 Bay St, Toronto

Avg Asking$2,868/mo
Avg $/SF$3.61
Rent Spread:
-$701/mo (-19.6%) Lower

717 Bay St, Toronto

Avg Asking$3,484/mo
Avg $/SF$3.24
Rent Spread:
-$84/mo (-2.4%) Lower

761 Bay St, Toronto

Avg Asking$3,232/mo
Avg $/SF$4.05
Rent Spread:
-$336/mo (-9.4%) Lower

7 Carlton St, Toronto

Avg Asking$3,092/mo
Avg $/SF$3.96
Rent Spread:
-$476/mo (-13.4%) Lower

Comparable Analysis & Questions

How do rental rates at Aura at College Park compare to neighbouring buildings within Downtown Core?

Aura at College Park achieves an average lease rent of $3,327 per month, comparing against an overall competitive benchmark average of $3,155 per month across nearby properties including The Liberties on Bay III, The Liberties on Bay II, and The Liberties on Bay I. Individual performance varies by building age and historical positioning within the micro-market. The Liberties on Bay III at 44 Gerrard St W reports an average lease rent of $3,176 per month at $4.23 per square foot across an average of 819 square feet. The Liberties on Bay II at 711 Bay St records an average lease rent of $2,869 per month at $3.61 per square foot across 812 square feet. The Liberties on Bay I at 717 Bay St commands an average lease rent of $3,420 per month at $3.24 per square foot across a larger average layout of 1,061 square feet. Teahouse Condos at 401 Yonge Street currently maintains 0 active lease listings, resulting in unstated active lease metrics.

Does Aura at College Park offer a competitive price-per-square-foot ($/SF) against local comparables?

Aura at College Park establishes its value proposition by delivering an average leased rate of $4.10 per square foot across an 834-square-foot average footprint, positioning it competitively against older 1990s inventory and newer downtown benchmarks. Renters trade off the modern efficiency and central vertical integration of Aura at College Park against older, compartmentalized layouts found in nearby alternatives. Specifically, the subject building offers a lower rate per square foot than The Liberties on Bay III (which trades at $4.23 per square foot), while providing more interior square footage than both The Liberties on Bay III (819 square feet) and The Liberties on Bay II (812 square feet). Conversely, while The Liberties on Bay I offers a larger average footprint of 1,061 square feet, it trades at a lower rate of $3.24 per square foot, requiring renters to weigh the benefits of a mid-2010s lifestyle against older, larger floor plans.

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

Aura at College Park delivers an extensive lifestyle and amenity package that rivals or exceeds the offerings of established neighbourhood competitors. The subject building features signature amenities including Concierge & Security, Gym & Fitness Centre, Party & Lounge Room, Rooftop Terrace, and Sauna & Steam Room. When contrasted with nearby peers, Aura at College Park matches or exceeds the recreational breadth of older properties like The Liberties on Bay I, II, and III—which incorporate features such as indoor running tracks, beauty parlours, and hobby rooms—while competing directly with the modern wellness offerings found at Teahouse Condos, which includes yoga studios, pet wash stations, and indoor and outdoor pools. This comprehensive amenity profile positions Aura at College Park ideally for urban professionals and families seeking a balance of active wellness, social spaces, and secure downtown living.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Aura at College Park.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Rooftop Terrace
  • Media & Theatre Room
  • Garden & Courtyard
  • Sauna & Steam Room
  • Dining Room & Kitchen
  • Business Centre

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Aura at College Park.

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.