Market Data as of August 31, 2026
Abeja District - Tower II — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Abeja District – Tower II at 474 Caldari Rd in Vaughan's Maple submarket is a 286-suite residential tower developed by Cortel Group and completed in 2025. As of August 31, 2026, the building carries a single active listing, representing an availability rate of just 0.3 percent of total inventory. Leasing velocity remains steady in this initial-occupancy phase: three leases closed in the trailing 30 days at an average of $2,200 per month with a 32-day average time on market, while sixteen leases signed over the past 90 days averaged $2,241 per month and a 27-day average DOM.
The one currently listed suite asks $2,275 per month at 650 square feet, translating to $3.50 per square foot. That rate sits below the 90-day realized lease average of $3.77 per square foot, even though the active unit's 650-square-foot footprint is slightly larger than the 620-square-foot average across all tracked historical leases. Against the broader Maple submarket asking benchmark of $3.86 per square foot, Abeja District – Tower II's active rate is 9.3 percent more competitive on a per-square-foot basis.
Marketing friction is minimal on the active side, with the lone listing sitting on market for five days—well under the submarket average of 24 days. Across all tracked closed transactions, tenants negotiated an average discount of $62 per month, or 2.72 percent below asking, with 57.1 percent of leases closing under the original list price and saving renters approximately $744 per year. Inventory depth is extremely thin: the single available unit is a one-bedroom-plus-den layout, meaning renters seeking two-bedroom or executive configurations must look to the remaining 37 active listings across the Maple submarket.
Get Monthly Rental Market Updates for Abeja District - Tower II
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 Abeja District - Tower II as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Abeja District - Tower II recently?
Abeja District – Tower II has exactly one unit listed for rent as of August 31, 2026, asking $2,275 per month with both the average and median rent at that same figure. The available suite spans 650 square feet at an asking rate of $3.50 per square foot. This single listing is a one-bedroom-plus-den layout, accounting for 100 percent of active inventory, placing the building's current availability squarely in the compact entry-to-mid tier rather than multi-bedroom executive space.
What floor plans and unit layouts are currently available at Abeja District - Tower II?
The sole active layout at Abeja District – Tower II is a one-bedroom-plus-den unit, representing 100 percent of available inventory with a single listing. That unit asks $2,275 per month across 650 square feet, yielding a rate of $3.50 per square foot. No two-bedroom, three-bedroom, or studio tiers currently have active listings, so renters seeking alternative bedroom configurations must turn to other Maple submarket buildings.
What is the average asking rent and $/SF by suite size at Abeja District - Tower II?
Abeja District – Tower II's active pricing spread is effectively zero, with both the minimum and maximum asking rents at $2,275 per month across a single available unit. The entry-level and peak suite are the same one-bedroom-plus-den layout at 650 square feet and $3.50 per square foot, so there is no internal price gradient to navigate. Renters comparing this listing to the 90-day realized lease average of $2,241 per month should note the active ask is $34 higher in nominal terms but applies to a slightly larger footprint.
How much extra do parking spaces and dens cost at Abeja District - Tower II?
Abeja District – Tower II's active den premium cannot be reliably quantified, as the single listed unit already includes a den within its 650-square-foot footprint and no paired comparison without a den exists in the active sample. Active parking stall costs are likewise unquantifiable; the data set flags the parking premium as an unreliable outlier or insufficient sample, so no specific monthly figure can be quoted for a parking spot. Historical lease data does confirm a verified parking premium of $250 per month, which serves as a reasonable reference point for budgeting.
How do asking rents at Abeja District - Tower II compare to local and municipal benchmarks?
Abeja District – Tower II's active asking rent of $2,275 per month and $3.50 per square foot both trail the Maple submarket asking benchmarks of $2,629 per month and $3.86 per square foot. The 9.3 percent discount on a per-square-foot basis reflects the building's initial-occupancy pricing strategy rather than a smaller suite size, since the active unit at 650 square feet is actually larger than the 620-square-foot historical lease average. In terms of inventory share, this single listing represents one out of 38 total active listings across the Maple submarket, or roughly 2.6 percent of available units.
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 Abeja District - Tower II (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Abeja District - Tower II last month, and how fast did they rent?
Abeja District – Tower II (474 Caldari Rd) closed 3 leases in the trailing 30 days at an average 32 days on market, compared to 16 closings over 90 days at 27 DOM and a submarket benchmark of 24 DOM. The 90-day window shows leasing cadence accelerating into summer, with July alone accounting for 8 of those 16 deals. Lifetime volume stands at 21 closed leases since the July 2025 registration, confirming the building is still in its initial occupancy ramp rather than a mature turnover cycle.
What is the negotiation spread between asking rents and closed lease prices at Abeja District - Tower II?
Abeja District – Tower II tenants negotiated an average discount of $62 per month (2.72% below asking), translating to $744 in annual savings per unit. Across the 21 tracked leases, 57.1% closed at or under the listed asking price, confirming tenant-favorable leverage in this early-occupancy window. Landlords absorbed the concession rather than holding firm at list, a pattern consistent with a building still filling its first lease-up cohort.
What are typical executed lease prices across different layouts at Abeja District - Tower II?
The two highest-volume anchor layouts at Abeja District – Tower II are the 2-Bedroom (8 leases, $2,594 average, 35 DOM) and the 1-Bedroom + Den (5 leases, $2,200 average, 18 DOM), both representing statistically robust benchmarks. The 1-Bedroom tier closed 4 leases at $1,925 average (median $1,950, P25–P75 range $1,775–$2,100), averaging 581 square feet at $3.34 per square foot with 34 DOM; this is a limited sample and serves as a directional reference only. The Studio tier also closed 4 leases at $1,775 average (median $1,800, P25–P75 range $1,725–$1,850), averaging 400 square feet at $4.44 per square foot with 16 DOM; likewise a small sample for directional context.
What measurable rent premium did suites with parking achieve in closed leases at Abeja District - Tower II?
Abeja District – Tower II carries a verified leased parking premium of $250 per month, confirmed across paired lease records. This figure reflects the actual monthly add-on tenants paid for a parking space on top of base rent. Active asking parking data is inconclusive due to insufficient paired samples, so the $250 verified lease figure remains the only reliable benchmark for parking cost at this address.
How does the lease-to-listing ratio at Abeja District - Tower II reflect current tenant demand?
Abeja District – Tower II shows a modest upward rent trajectory from May through August 2026, with average monthly rent climbing from $2,130 to $2,325 before settling at $2,200 in the most recent month. May closed 5 deals at $2,140 average and $3.42 per square foot with 26 DOM. June closed 5 deals at $2,130 average and $4.00 per square foot with 12 DOM; the nominal rent dip versus May reflects compact suite footprints rather than property devaluation, as the rate per square foot actually rose. July saw the highest volume at 8 deals, $2,325 average, $3.69 per square foot, and 35 DOM. August closed 3 deals at $2,200 average, $3.58 per square foot, and 32 DOM, indicating a slight cooling in both price and velocity heading into fall.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Abeja District - Tower II (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Abeja District - Tower II, and what was their re-listing price compared to previous asking?
Abeja District – Tower II logged 2 delisted units (1 terminated, 1 expired, 0 suspended), representing a 66.7% delisted-to-30-day-leased ratio against just 3 closings in that window. Measured against lifetime volume of 21 leases, the ratio drops to 9.5%, which is more representative of the building's overall friction rate. With only 2 unrented listings exiting the market, this is a low-volume signal rather than a systemic pricing problem, but it does flag that at least one unit failed to convert within its marketing window.
How do asking prices on de-listed suites compare to executed leases and active listings at Abeja District - Tower II?
Abeja District – Tower II unrented units asked an average of $2,325 per month, which is $125 per month (5.7%) above the realized lease average of $2,200. The delisted rate per square foot sits at $3.58, marginally above the lifetime leased average of $3.69 per square foot when adjusted for suite mix. This spread confirms direct overpricing relative to market-clearing levels: landlords listed above what tenants were actually paying in comparable configurations, and the units sat unrented as a result.
What market friction causes rental listings to stall or de-list at Abeja District - Tower II?
Abeja District – Tower II delisted units averaged 60 days on market versus 27 DOM for realized leases, a 33-day excess. That 33-day gap equates to roughly 1.1 months of lost rent at the $2,325 asking level—approximately $2,558 in vacancy carry per unit—plus ongoing condo maintenance fees during the unrented period. The friction is concentrated in the 30-day window where only 3 leases closed, amplifying the delisted ratio; against lifetime volume the impact is proportionally smaller but still signals that pricing above the $2,200 clearing level extends marketing timelines materially.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 6 | 2342 | 667 | 3.62 | 19 |
| 2026-04-28 | 5 | 2250 | 640 | 3.65 | 17 |
| 2026-04-29 | 6 | 2317 | 667 | 3.59 | 15 |
| 2026-04-30 | 6 | 2317 | 667 | 3.59 | 16 |
| 2026-05-01 | 4 | 2475 | 700 | 3.70 | 16 |
| 2026-05-02 | 4 | 2475 | 700 | 3.70 | 17 |
| 2026-05-03 | 4 | 2475 | 700 | 3.70 | 18 |
| 2026-05-04 | 4 | 2475 | 700 | 3.70 | 19 |
| 2026-05-05 | 3 | 2417 | 667 | 3.82 | 24 |
| 2026-05-06 | 3 | 2417 | 667 | 3.82 | 25 |
| 2026-05-07 | 3 | 2417 | 667 | 3.82 | 26 |
| 2026-05-08 | 4 | 2475 | 713 | 3.65 | 21 |
| 2026-05-09 | 3 | 2667 | 817 | 3.28 | 19 |
| 2026-05-10 | 3 | 2667 | 817 | 3.28 | 20 |
| 2026-05-11 | 3 | 2667 | 817 | 3.28 | 21 |
| 2026-05-12 | 3 | 2667 | 817 | 3.28 | 22 |
| 2026-05-13 | 3 | 2667 | 817 | 3.28 | 23 |
| 2026-05-14 | 3 | 2667 | 817 | 3.28 | 24 |
| 2026-05-15 | 3 | 2667 | 817 | 3.28 | 25 |
| 2026-05-16 | 3 | 2667 | 817 | 3.28 | 26 |
| 2026-05-17 | 3 | 2667 | 817 | 3.28 | 27 |
| 2026-05-18 | 3 | 2667 | 817 | 3.28 | 28 |
| 2026-05-19 | 3 | 2667 | 817 | 3.28 | 29 |
| 2026-05-20 | 3 | 2667 | 817 | 3.28 | 30 |
| 2026-05-21 | 4 | 2463 | 713 | 3.62 | 23 |
| 2026-05-22 | 4 | 2463 | 713 | 3.62 | 24 |
| 2026-05-23 | 4 | 2463 | 713 | 3.62 | 25 |
| 2026-05-24 | 4 | 2463 | 713 | 3.62 | 26 |
| 2026-05-25 | 5 | 2490 | 740 | 3.50 | 22 |
| 2026-05-26 | 5 | 2490 | 740 | 3.50 | 23 |
| 2026-05-27 | 5 | 2490 | 740 | 3.50 | 24 |
| 2026-05-28 | 4 | 2450 | 713 | 3.60 | 17 |
| 2026-05-29 | 4 | 2450 | 713 | 3.60 | 18 |
| 2026-05-30 | 4 | 2450 | 713 | 3.60 | 19 |
| 2026-05-31 | 4 | 2450 | 713 | 3.60 | 20 |
| 2026-06-01 | 5 | 2410 | 680 | 3.70 | 16 |
| 2026-06-02 | 6 | 2383 | 658 | 3.76 | 15 |
| 2026-06-03 | 6 | 2383 | 658 | 3.76 | 16 |
| 2026-06-04 | 6 | 2383 | 658 | 3.76 | 14 |
| 2026-06-05 | 6 | 2383 | 658 | 3.76 | 15 |
| 2026-06-06 | 6 | 2383 | 658 | 3.76 | 16 |
| 2026-06-07 | 6 | 2383 | 658 | 3.76 | 17 |
| 2026-06-08 | 6 | 2383 | 658 | 3.76 | 18 |
| 2026-06-09 | 8 | 2338 | 644 | 3.75 | 14 |
| 2026-06-10 | 9 | 2272 | 617 | 3.82 | 14 |
| 2026-06-11 | 9 | 2261 | 618 | 3.77 | 14 |
| 2026-06-12 | 9 | 2261 | 618 | 3.77 | 15 |
| 2026-06-13 | 10 | 2270 | 622 | 3.76 | 14 |
| 2026-06-14 | 10 | 2270 | 622 | 3.76 | 15 |
| 2026-06-15 | 12 | 2233 | 610 | 3.75 | 14 |
| 2026-06-16 | 13 | 2304 | 636 | 3.72 | 13 |
| 2026-06-17 | 13 | 2304 | 636 | 3.72 | 14 |
| 2026-06-18 | 13 | 2304 | 636 | 3.72 | 15 |
| 2026-06-19 | 13 | 2304 | 636 | 3.72 | 16 |
| 2026-06-20 | 13 | 2304 | 636 | 3.72 | 17 |
| 2026-06-21 | 13 | 2304 | 636 | 3.72 | 18 |
| 2026-06-22 | 13 | 2304 | 636 | 3.72 | 19 |
| 2026-06-23 | 14 | 2296 | 630 | 3.74 | 19 |
| 2026-06-24 | 12 | 2271 | 622 | 3.72 | 22 |
| 2026-06-25 | 11 | 2277 | 620 | 3.75 | 23 |
| 2026-06-26 | 11 | 2277 | 620 | 3.75 | 24 |
| 2026-06-27 | 11 | 2277 | 620 | 3.75 | 25 |
| 2026-06-28 | 11 | 2277 | 620 | 3.75 | 26 |
| 2026-06-29 | 10 | 2280 | 627 | 3.72 | 27 |
| 2026-06-30 | 10 | 2280 | 627 | 3.72 | 28 |
| 2026-07-01 | 10 | 2280 | 627 | 3.72 | 29 |
| 2026-07-02 | 9 | 2244 | 602 | 3.79 | 29 |
| 2026-07-03 | 9 | 2244 | 602 | 3.79 | 30 |
| 2026-07-04 | 9 | 2244 | 602 | 3.79 | 31 |
| 2026-07-05 | 9 | 2244 | 602 | 3.79 | 32 |
| 2026-07-06 | 9 | 2244 | 602 | 3.79 | 33 |
| 2026-07-07 | 9 | 2283 | 624 | 3.72 | 30 |
| 2026-07-08 | 9 | 2283 | 624 | 3.72 | 31 |
| 2026-07-09 | 8 | 2238 | 596 | 3.79 | 29 |
| 2026-07-10 | 8 | 2275 | 596 | 3.86 | 26 |
| 2026-07-11 | 8 | 2275 | 596 | 3.86 | 27 |
| 2026-07-12 | 7 | 2286 | 602 | 3.84 | 28 |
| 2026-07-13 | 8 | 2263 | 599 | 3.82 | 25 |
| 2026-07-14 | 7 | 2336 | 625 | 3.76 | 25 |
| 2026-07-15 | 7 | 2336 | 625 | 3.76 | 26 |
| 2026-07-16 | 8 | 2331 | 628 | 3.73 | 24 |
| 2026-07-17 | 7 | 2350 | 639 | 3.70 | 25 |
| 2026-07-18 | 7 | 2350 | 639 | 3.70 | 26 |
| 2026-07-19 | 7 | 2350 | 639 | 3.70 | 27 |
| 2026-07-20 | 5 | 2230 | 595 | 3.76 | 19 |
| 2026-07-21 | 5 | 2230 | 595 | 3.76 | 20 |
| 2026-07-22 | 5 | 2230 | 595 | 3.76 | 21 |
| 2026-07-23 | 5 | 2230 | 595 | 3.76 | 22 |
| 2026-07-24 | 5 | 2230 | 595 | 3.76 | 23 |
| 2026-07-25 | 5 | 2230 | 595 | 3.76 | 24 |
| 2026-07-26 | 5 | 2230 | 595 | 3.76 | 25 |
| 2026-07-27 | 5 | 2230 | 595 | 3.76 | 26 |
| 2026-07-28 | 5 | 2230 | 595 | 3.76 | 27 |
| 2026-07-29 | 3 | 2183 | 617 | 3.54 | 34 |
| 2026-07-30 | 3 | 2183 | 617 | 3.54 | 35 |
| 2026-07-31 | 3 | 2183 | 617 | 3.54 | 36 |
| 2026-08-01 | 3 | 2183 | 617 | 3.54 | 37 |
| 2026-08-02 | 3 | 2183 | 617 | 3.54 | 38 |
| 2026-08-03 | 3 | 2183 | 617 | 3.54 | 39 |
| 2026-08-04 | 4 | 2288 | 650 | 3.52 | 30 |
| 2026-08-05 | 4 | 2288 | 650 | 3.52 | 31 |
| 2026-08-06 | 4 | 2288 | 650 | 3.52 | 32 |
| 2026-08-07 | 4 | 2288 | 650 | 3.52 | 33 |
| 2026-08-08 | 4 | 2288 | 650 | 3.52 | 34 |
| 2026-08-09 | 4 | 2288 | 650 | 3.52 | 35 |
| 2026-08-10 | 4 | 2288 | 650 | 3.52 | 36 |
| 2026-08-11 | 4 | 2288 | 650 | 3.52 | 37 |
| 2026-08-12 | 4 | 2288 | 650 | 3.52 | 38 |
| 2026-08-13 | 4 | 2288 | 650 | 3.52 | 39 |
| 2026-08-14 | 4 | 2288 | 650 | 3.52 | 40 |
| 2026-08-15 | 4 | 2288 | 650 | 3.52 | 41 |
| 2026-08-16 | 5 | 2270 | 630 | 3.62 | 34 |
| 2026-08-17 | 5 | 2270 | 630 | 3.62 | 35 |
| 2026-08-18 | 5 | 2270 | 630 | 3.62 | 36 |
| 2026-08-19 | 5 | 2270 | 630 | 3.62 | 37 |
| 2026-08-20 | 4 | 2363 | 650 | 3.66 | 31 |
| 2026-08-21 | 4 | 2363 | 650 | 3.66 | 32 |
| 2026-08-22 | 4 | 2363 | 650 | 3.66 | 33 |
| 2026-08-23 | 4 | 2363 | 650 | 3.66 | 34 |
| 2026-08-24 | 3 | 2417 | 683 | 3.54 | 44 |
| 2026-08-25 | 3 | 2417 | 683 | 3.54 | 45 |
| 2026-08-26 | 3 | 2408 | 683 | 3.53 | 32 |
| 2026-08-27 | 2 | 2313 | 650 | 3.56 | 38 |
| 2026-08-28 | 2 | 2313 | 650 | 3.56 | 39 |
| 2026-08-29 | 2 | 2313 | 650 | 3.56 | 40 |
| 2026-08-30 | 2 | 2313 | 650 | 3.56 | 41 |
| 2026-08-31 | 1 | 2275 | 650 | 3.50 | 5 |
12-Month Market Dynamics & Trend Trajectory
Abeja District – Tower II realizes an average rent of $2,217 per month and $3.69 per square foot, positioning it $317 below the Maple submarket average of $2,534 while carrying a 7.1% premium on rate per square foot over the submarket's $3.52 benchmark. The building trades at a meaningful nominal discount to surrounding inventory, suggesting Cortel Group priced aggressively to drive initial occupancy in this Vaughan corridor, with the higher per-square-foot rate reflecting a mix weighted toward compact one-bedroom and studio configurations. Pricing discipline at Abeja District – Tower II skews tenant-favorable: 57.1% of the 21 tracked leases closed at or below asking, with an average concession of $62 per month (2.72%) and $744 in annualized savings per unit. The net negotiation spread of -$62 confirms landlords are granting measurable discounts to convert prospects, a pattern typical of early-occupancy buildings where the developer prioritizes fill rate over maximum per-unit revenue. No leases closed at a premium to asking, reinforcing that tenant leverage remains the dominant dynamic in this lease-up phase.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-26 | 2 | 1950 | 600 | 3.31 | 20 |
| 2026-05-03 | 2 | 2150 | 600 | 3.78 | 18 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 1 | 2500 | 850 | 2.94 | 57 |
| 2026-05-31 | 1 | 1850 | 400 | 4.63 | 14 |
| 2026-06-07 | 1 | 1850 | 400 | 4.63 | 7 |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 3 | 2317 | 667 | 3.59 | 13 |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 2 | 2400 | 700 | 3.53 | 44 |
| 2026-07-12 | 2 | 2150 | 550 | 3.91 | 29 |
| 2026-07-19 | 2 | 2500 | 750 | 3.33 | 51 |
| 2026-07-26 | 2 | 2250 | 563 | 4.01 | 18 |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 1 | 1800 | 550 | 3.27 | 66 |
| 2026-08-23 | 2 | 2400 | 650 | 3.73 | 16 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Abeja District – Tower II at 474 Caldari Rd sits in a tightly clustered competitive pocket in Vaughan's Maple submarket, flanked by three active peers within 160 metres. Its two sister towers—Abeja District – Tower I at 10 Abeja St (0.06 km, completed 2025, 15 closed leases in the trailing 180 days) and Abeja District – Tower III at 498 Caldari Rd (0.07 km, completed 2025, 27 closed leases)—share the same Cortel Group build-out and registration date of July 2025, making them direct same-generation benchmarks. Slightly further out, Park Avenue Place – Tower 2 at 9085 Jane St (0.11 km, completed 2022, 15 closed leases) and Park Avenue Place – Tower 1 at 9075 Jane St (0.16 km, completed 2022, 13 closed leases) represent the prior structural generation, roughly three years older in build-out. All four competitors recorded active lease volume over the trailing 180 days, giving a fully transacting reference set with no zero-volume outliers to exclude. Against the four-comp benchmark of $2,433 average realized rent, $3.53 per square foot, and 701 average square feet, Tower II's all-time lease profile of $2,217 per month at $3.69 per square foot across 620 average square feet positions the building as a compact-footprint, higher-rate-per-area product. The subject commands a premium per square foot over every active competitor while delivering fewer interior square feet, meaning the lower nominal monthly rent is driven entirely by suite size rather than a discount in asset valuation. At 286 suites and a 2025 completion, Tower II occupies the newest structural tier in this pocket, competing on amenity density and floor-plan efficiency rather than raw space, and its 0.3 percent availability rate signals near-full occupancy during initial lease-up.
Comparable Analysis & Questions
How do rental rates at Abeja District - Tower II compare to neighbouring buildings within Maple?
Abeja District – Tower II realized an average lease rent of $2,217 per month over its full lease history, sitting $216 below the four-comp benchmark of $2,433 and well under the Maple submarket average of $2,534. Against Abeja District – Tower I at 10 Abeja St (0.06 km, 15 closed leases, $2,427 average rent, $3.54 per square foot, 691 sq ft), the subject trades at a lower monthly rent by $210. Tower III at 498 Caldari Rd (0.07 km, 27 closed leases, $2,288 average rent, $3.59 per square foot, 651 sq ft) shows the subject $71 lower per month. Park Avenue Place – Tower 2 at 9085 Jane St (0.11 km, 15 closed leases, $2,373 average rent, $3.59 per square foot, 673 sq ft) puts the subject $156 below its realized rent. Park Avenue Place – Tower 1 at 9075 Jane St (0.16 km, 13 closed leases, $2,644 average rent, $3.38 per square foot, 788 sq ft) represents the widest gap, with the subject $427 lower per month. All four competitors recorded active lease transactions over the trailing 180 days, so every figure cited is a realized pricing benchmark rather than an asking-price reference.
Does Abeja District - Tower II offer a competitive price-per-square-foot ($/SF) against local comparables?
Abeja District – Tower II leases at $3.69 per square foot across 620 average square feet, a rate that sits above the four-comp average of $3.53 per square foot and the Maple submarket benchmark of $3.52 per square foot, while its suite footprint is roughly 81 square feet smaller than the comp mean of 701. Against Tower I, the subject trades at a $0.15 per square foot (4.2 percent) premium while providing 71 fewer interior square feet, so the $210 lower monthly rent reflects the compact footprint rather than a valuation discount. Tower III shows a $0.10 per square foot (2.8 percent) premium with 31 fewer square feet, producing a $71 rent gap. Park Avenue Place – Tower 2 mirrors that $0.10 per square foot premium with 53 fewer square feet and a $156 rent differential. Park Avenue Place – Tower 1 carries the steepest spread: the subject commands a $0.31 per square foot (9.2 percent) premium while delivering 168 fewer square feet, which explains the $427 lower nominal rent entirely through the space delta. In every pairing, the subject's lower monthly figure is a function of smaller interior area, not a weaker per-area rate.
How do building age, amenities, and developer reputation impact rent spreads?
Abeja District – Tower II fields a 15-amenity lifestyle package that includes a Plunge Pool, Co-Working Space, Pet Wash Station, Artist Studio, and Library & Reading Room, giving it a broader wellness-and-remote-work footprint than any single competitor in this pocket. Tower I differentiates with an Indoor Pool, a Bar, and a Garden & Courtyard that Tower II does not carry, while Tower III adds an EV Charging Station, a dedicated Meeting Room, and an outdoor Children's Playground absent from the subject. Both Park Avenue Place towers include a Garden & Courtyard and Fire Pit that Tower II lacks, though neither offers the Plunge Pool, Co-Working Space, or Pet Wash Station found at 474 Caldari Rd. The subject's aquatic offering (Plunge Pool versus Tower I's full Indoor Pool) and its co-working suite (versus Tower III's Business Centre) target a tenant demographic that prioritizes on-site wellness, flexible remote-work infrastructure, and pet-friendly convenience over outdoor courtyard space or a bar—profiled as young professionals and small households in the Maple corridor seeking a compact, amenity-dense 1-Bedroom + Den or 2-Bedroom layout without the premium square footage of the 2022 Park Avenue Place generation.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Abeja District - Tower II.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Sauna & Steam Room
- Party & Lounge Room
- Media & Theatre Room
- Games & Billiards Room
- Library & Reading Room
- BBQ Area
- Rooftop Terrace
- Kids' Play Room - Indoor
- Pet Wash Station
- Co-Working Space
- Artist Studio
- Plunge Pool
Residential Buildings in the Vicinity
- Abeja District - Tower I59 m
- Abeja District - Tower III74 m
- Park Avenue Place - Tower 2108 m
- Park Avenue Place - Tower 1160 m
- Bellaria Residences - Tower 1295 m
- Charisma Condos396 m
- Bellaria Residences - Tower 3399 m
- Bellaria Residences - Tower 4417 m
- Bellaria Residences - Tower 2422 m
- The Fifth at Charisma485 m
- Charisma on the Park486 m
- Residences of Springside Place - Building B803 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Abeja District - Tower II.
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.
