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Market Data as of August 31, 2026

Axiom - Tower A — Rental Market Data

460 Adelaide St E, Toronto, Ontario M5A 0E7
Quick Rent Estimate
Active Suites10 Available
Type
Units
Avg Rent
1-Bedroom
5
$2,496
1-Bedroom + Den
2
$2,443
2-Bedroom
2
$3,590
Studio
1
$1,995

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2019
Total Suites295
DeveloperGreenpark Homes & Fieldgate

Axiom - Tower A, located at 460 Adelaide St E in the St. Lawrence neighborhood, is an established 295-suite residential building completed in 2019 by developers Greenpark Homes & Fieldgate. The property currently exhibits 10 active listings, yielding a 3.4 percent availability rate. Over the trailing 90-day period, the building recorded 20 closed leases averaging 17 days on market, alongside 5 closed leases over the past 30 days averaging 22 days on market.

Current asking rents average $2,654 per month at an average rate of $4.08 per square foot across active listings, tracking closely with realized 90-day leases which averaged $2,447 per month at $3.94 per square foot. Active inventory averages 651 square feet, reflecting slightly larger suite sizing compared to historical leasing, while the building's active asking rate per square foot trades 9.5 percent below the broader St. Lawrence submarket asking benchmark of $4.51 per square foot.

Marketing friction remains exceptionally low with an average of only 13 days on market for active listings and zero delisted or terminated units, while realized leases achieved a balanced market leverage position where tenants secured an average discount of $2 per month, or 0.02 percent below asking. Prospective tenants will find deep selection within the 1-Bedroom tier representing half of all current availability, whereas Studio and 2-Bedroom layouts offer much scarcer options.

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Active Rental Inventory & Asking Rates

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

Active Units10
+6 (150.0%)
Avg Asking Rent$2,654
+$33 (1.2%)
Avg Suite Size651 sf
-11 sf (1.7%)
Avg Days on Market13d
+5d (61.2%)
Avg Asking $/SF$4.08
+$0.08 (1.9%)

Active Market Insights & Questions

How has rental availability changed at Axiom - Tower A recently?

Axiom - Tower A currently maintains 10 active listings as of August 31, 2026, offering a price range spanning from $1,995 to $4,500 per month with an average asking rent of $2,654 per month and a median asking rent of $2,475 per month. The active inventory averages 651 square feet with an average asking rate of $4.08 per square foot, anchored by a dominant 1-Bedroom layout share of 50 percent that skews current availability toward compact, highly liquid entry-level configurations.

What floor plans and unit layouts are currently available at Axiom - Tower A?

The dominant active layout at Axiom - Tower A is the 1-Bedroom tier, accounting for 5 active listings and a 50 percent inventory share, averaging an asking rent of $2,496 per month, a median asking rent of $2,500 per month, an average asking rate of $3.90 per square foot, and an average size of 641 square feet. Across the remaining configurations, 1-Bedroom + Den suites feature 2 listings representing a 20 percent share, averaging $2,443 per month, a median asking rent of $2,442 per month, across 659 square feet at $3.71 per square foot. The 2-Bedroom tier provides 2 listings making up a 20 percent share, averaging $3,590 per month, a median asking rent of $3,590 per month, across 795 square feet at $4.46 per square foot, while the Studio tier offers a single listing comprising a 10 percent share at $1,995 per month, with a median asking rent of $1,995 per month, across 400 square feet at $4.99 per square foot.

What is the average asking rent and $/SF by suite size at Axiom - Tower A?

Axiom - Tower A displays a minimum entry rent of $1,995 per month and a peak asking rent of $4,500 per month, creating an absolute dollar spread of $2,505 per month or a 125.6 percent pricing spread. The median asking rent sits at $2,475 per month, while the entry-level tier consists of a 400 square foot Studio asking $1,995 per month at $4.99 per square foot. At the upper end, the peak suite features an 850 square foot 2-Bedroom asking $4,500 per month at $5.29 per square foot.

How much extra do parking spaces and dens cost at Axiom - Tower A?

Axiom - Tower A exhibits an active den premium of -$54 per month with an average square footage delta of 18 square feet for layouts incorporating a den. This yields a marginal cost of -$3 per square foot for the additional den space. Meanwhile, active parking premiums cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at Axiom - Tower A compare to local and municipal benchmarks?

Axiom - Tower A asks an average rent of $2,654 per month at $4.08 per square foot, comparing favorably against the broader St. Lawrence submarket asking benchmark of $2,934 per month at $4.51 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper underlying unit pricing, with the building's asking rate per square foot sitting 9.5 percent below submarket asking while capturing a localized inventory share of 10 active listings out of 116 total submarket listings.

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 Axiom - Tower A (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$2,508
Avg Leased Size604 sf
Avg Days to Lease22d
Leased $/SF$3.93

Leased Transaction Insights & Questions

How many suites were leased at Axiom - Tower A last month, and how fast did they rent?

At Axiom - Tower A, leasing velocity registered an average of 22 days on market over the last 30 days, 17 days on market over the last 90 days, and a submarket benchmark of 21 days on market. Closed lease counts tracked 5 units over the past 30 days, 20 units over the past 90 days, and 25 total lifetime transactions, demonstrating steady leasing turnover throughout the summer months.

What is the negotiation spread between asking rents and closed lease prices at Axiom - Tower A?

At Axiom - Tower A, transactions closed with an average tenant discount of $2 per month, representing a 0.02% reduction below asking price and annual tenant savings of $24 per year. Exactly 8.0% of leases closed under asking, while remaining transactions settled on terms reflecting balanced market leverage.

What are typical executed lease prices across different layouts at Axiom - Tower A?

At Axiom - Tower A, the highest-volume anchor layouts are 1-Bedroom suites with an average monthly rent of $2,261 per month across 15 days on market, and 1-Bedroom + Den suites averaging $2,430 per month across 21 days on market. Studio layouts averaged $1,825 per month with a median of $1,825 per month, a P25-P75 range of $1,812 to $1,838 per month, an average size of 393 square feet, an average rate of $4.65 per square foot, and 30 days on market, representing 2 closed leases (note that this represents an individual deal rather than a broad statistical benchmark). 2-Bedroom suites averaged $2,950 per month with a median of $2,800 per month, a P25-P75 range of $2,700 to $3,050 per month, an average size of 783 square feet, an average rate of $3.86 per square foot, and 16 days on market, representing 4 closed leases.

What measurable rent premium did suites with parking achieve in closed leases at Axiom - Tower A?

At Axiom - Tower A, parking premium data is inconclusive due to insufficient paired lease records. Suite bundling patterns indicate parking was included without separate line-item values in the available dataset. Active asking parking rates similarly lack sufficient paired samples to isolate reliable standalone premiums.

How does the lease-to-listing ratio at Axiom - Tower A reflect current tenant demand?

At Axiom - Tower A, overall monthly rent followed an upward trajectory from spring into late summer. April closed 3 deals averaging $2,050 per month at $4.19 per square foot with 14 days on market. May recorded 2 deals averaging $2,165 per month at $3.60 per square foot with 33 days on market. June registered 5 deals averaging $2,390 per month at $3.70 per square foot with 16 days on market. July achieved 10 deals averaging $2,445 per month at $4.04 per square foot with 15 days on market. August concluded the tracked period with 5 deals averaging $2,508 per month at $3.93 per square foot with 22 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
Show Min / Max Range Bands
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)
2026-04-27321105314.0824
2026-04-28220155224.0335
2026-04-29220155224.0336
2026-04-30122306593.3849
2026-05-01122306593.3850
2026-05-02122306593.3851
2026-05-03122306593.3852
2026-05-04122306593.3853
2026-05-05122306593.3854
2026-05-06221656053.6028
2026-05-07221656053.6029
2026-05-08221656053.6030
2026-05-09121005503.823
2026-05-10121005503.824
2026-05-11121005503.825
2026-05-12121005503.826
2026-05-13121005503.827
2026-05-20121005503.82N/A
2026-05-21121005503.821
2026-05-22121005503.822
2026-05-23121005503.823
2026-05-24224006503.712
2026-05-25224006503.713
2026-05-26224006503.714
2026-05-27224006503.715
2026-05-28224006503.716
2026-05-29224006503.717
2026-05-30224006503.718
2026-05-31323336503.606
2026-06-0142425136132.715
2026-06-0252440110202.945
2026-06-0352440110202.946
2026-06-0452440110202.947
2026-06-0552440110202.948
2026-06-0652440110202.949
2026-06-0752440110202.9410
2026-06-0852440110202.9411
2026-06-096286793193.4710
2026-06-106286793193.4711
2026-06-116286793193.4712
2026-06-126282592943.619
2026-06-136282592943.6110
2026-06-146282592943.6111
2026-06-156282592943.6112
2026-06-166282592943.6113
2026-06-176288392943.7011
2026-06-186288392943.7012
2026-06-196288392943.7013
2026-06-206288392943.7014
2026-06-2152960110233.6715
2026-06-226286792943.6713
2026-06-236286792943.6714
2026-06-246286792943.6715
2026-06-25628336534.3012
2026-06-26627586334.3112
2026-06-27627586334.3113
2026-06-28528306304.4315
2026-06-29528306304.4316
2026-06-30528306304.4317
2026-07-01528306304.4318
2026-07-02528306304.4319
2026-07-03529106534.4119
2026-07-04529106534.4120
2026-07-05529106534.4121
2026-07-06423886133.9820
2026-07-07524106004.0917
2026-07-08524106004.0918
2026-07-09524106004.0919
2026-07-10623736024.0117
2026-07-11623736024.0118
2026-07-12623736024.0119
2026-07-13623736024.0120
2026-07-14726006294.2017
2026-07-15625836084.3013
2026-07-16626336334.188
2026-07-17726716504.148
2026-07-18726716504.149
2026-07-19627006504.189
2026-07-20726296364.168
2026-07-21626506504.098
2026-07-22626836584.105
2026-07-23626836584.106
2026-07-24726486574.056
2026-07-25625066254.036
2026-07-26625066254.037
2026-07-27625066254.038
2026-07-28525676404.049
2026-07-29424846124.0810
2026-07-30325956334.1410
2026-07-31426216624.018
2026-08-01525776643.927
2026-08-02525776643.928
2026-08-03525776643.929
2026-08-04525776643.9210
2026-08-05525776643.9211
2026-08-06625136453.9310
2026-08-07625136453.9311
2026-08-08525356404.0013
2026-08-09525356404.0014
2026-08-10525356404.0015
2026-08-11625596563.9414
2026-08-12625596563.9415
2026-08-13728366844.1313
2026-08-14728366844.1314
2026-08-15728366844.1315
2026-08-16628596734.2217
2026-08-17628596734.2218
2026-08-18528916684.2917
2026-08-19727076274.3313
2026-08-20826756324.2512
2026-08-21926786394.2012
2026-08-22926786394.2013
2026-08-23926786394.2014
2026-08-24926886514.1513
2026-08-25926886514.1514
2026-08-26926606554.0610
2026-08-27926606554.0611
2026-08-28926606554.0612
2026-08-29926606554.0613
2026-08-30926606554.0614
2026-08-311026546514.0813

12-Month Market Dynamics & Trend Trajectory

Axiom - Tower A has established a consistent leasing history characterized by 25 lifetime transactions, an average lease rent of $2,377 per month, and a rate of $3.94 per square foot. Suites averaged 604 square feet with a lifetime average days on market of 18 days, pointing to healthy tenant turnover and steady building absorption. Pricing discipline at the property reflected balanced market conditions, with 8.0% of transactions closing under asking and the remainder settling at full asking terms. This generated a net negotiation discount of $2 per month, translating to $24 in annual tenant savings and confirming that prospective renters secured minor concessions without encountering aggressive pricing pushback.

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
Max 2 selected
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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)
2026-05-03122306593.3858
2026-05-10121005503.828
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-07121005503.8223
2026-06-14122006503.3817
2026-06-21226256503.9217
2026-06-28222505923.817
2026-07-050N/AN/AN/AN/A
2026-07-12220755054.2019
2026-07-19427386754.0717
2026-07-26324176173.9311
2026-08-02124506693.667
2026-08-090N/AN/AN/AN/A
2026-08-16227007253.7322
2026-08-23223455504.2631

Nearby Building Rental Comparables & Price Spreads

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

Axiom - Tower A at 460 Adelaide St E anchors a highly active St. Lawrence micro-market alongside direct peers including Axiom - Tower B (464 Adelaide St E, 0.03 km away, completed in 2019 with 0 active listings), Ivory on Adelaide (400 Adelaide St E, 0.05 km away, completed in 2015 with 26 active leases), East Fifty Five (55 Ontario St, 0.11 km away, completed in 2022 with 18 active leases), and Liberty Lofts (383 Adelaide St E, 0.11 km away, completed in 2001 with 0 active listings). Completed in 2019, the building represents a modern mid-generation construction era that balances contemporary layouts with established neighborhood density, contrasting against older loft stock like Liberty Lofts from 2001 and newer boutique builds like East Fifty Five from 2022. Across this competitive micro-market, the overall comparable benchmark registers an average monthly rent of $2,507 per month at $4.10 per square foot across an average suite size of 629 square feet. Axiom - Tower A positions itself competitively within this benchmark range, offering solid layout efficiency and mid-generation construction value that undercuts newer developments on a gross rental basis while delivering predictable, established operational standards compared to vintage alternatives in the immediate vicinity.

400 Adelaide St E, Toronto

Avg Asking$2,626/mo
Avg $/SF$3.76
Rent Spread:
-$28/mo (-1.1%) Lower

55 Ontario St, Toronto

Avg Asking$2,459/mo
Avg $/SF$4.46
Rent Spread:
-$195/mo (-7.4%) Lower

323 Richmond St E, Toronto

Avg Asking$2,720/mo
Avg $/SF$3.98
Rent Spread:
+$66/mo (+2.5%) Higher

313 Richmond St E, Toronto

Avg Asking$2,288/mo
Avg $/SF$3.71
Rent Spread:
-$366/mo (-13.8%) Lower
Bauhaus162 m

284 King Street E, Toronto

Avg Asking$2,620/mo
Avg $/SF$4.45
Rent Spread:
-$34/mo (-1.3%) Lower

320 Richmond St E, Toronto

Avg Asking$2,424/mo
Avg $/SF$3.87
Rent Spread:
-$230/mo (-8.7%) Lower

Comparable Analysis & Questions

How do rental rates at Axiom - Tower A compare to neighbouring buildings within St. Lawrence?

Axiom - Tower A achieves an average lease rent of $2,377 per month, trading below the overall comparable average of $2,507 per month while aligning closely with established peers such as Ivory on Adelaide and East Fifty Five. Ivory on Adelaide (400 Adelaide St E) reports an average lease rent of $2,637 per month at $3.74 per square foot across an average of 705 square feet. East Fifty Five (55 Ontario St) records an average lease rent of $2,376 per month at $4.46 per square foot across an average of 552 square feet. Axiom - Tower B (464 Adelaide St E) and Liberty Lofts (383 Adelaide St E) maintain active comparable footprints with completion years of 2019 and 2001 respectively, though current lease metrics are unpopulated due to zero active listings over the observation window.

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

Axiom - Tower A establishes its value proposition by trading at an average of $3.94 per square foot across a mean suite size of 604 square feet, positioning itself at a more competitive rate per square foot than East Fifty Five at $4.46 per square foot, while commanding a minor premium over Ivory on Adelaide's $3.74 per square foot. Renters evaluating Axiom - Tower A trade off the ultra-compact, high-psf footprints found in newer builds like East Fifty Five (averaging 552 square feet) in favor of more balanced, livable square footage. At the same time, tenants benefit from modern 2019 construction standards that avoid the maintenance burdens and dated finishes often associated with older inventory like the 2001-built Liberty Lofts.

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

Axiom - Tower A delivers a robust, comprehensive lifestyle and amenity package that successfully competes with or surpasses surrounding developments in the St. Lawrence node. The building features signature amenities including a Concierge & Security service, a Gym & Fitness Centre, a Yoga Studio, a Sauna & Steam Room, and a Pet Wash Station. When contrasted with nearby peers, Axiom matches the extensive wellness offerings found at Axiom - Tower B while providing significantly more specialized spaces—such as its dedicated yoga studio and pet wash station—than older properties like Liberty Lofts, which is limited to a party & lounge room, BBQ area, and a skylit atrium. Compared to Ivory on Adelaide's indoor and outdoor pool-centric facilities and East Fifty Five's outdoor pool and terrace setup, Axiom - Tower A strikes an ideal balance of functional wellness and social spaces, making it exceptionally well-suited for urban professionals and pet owners seeking comprehensive building infrastructure.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Axiom - Tower A.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Pet Wash Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Axiom - Tower A.

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.