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Market Data as of August 31, 2026

home. Power + Adelaide — Rental Market Data

48-50 Power St, Toronto, Ontario M5A 0V3
Quick Rent Estimate
Active Suites10 Available
Type
Units
Avg Rent
1-Bedroom
3
$2,033
2-Bedroom + Den
3
$3,167
1-Bedroom + Den
2
$2,450
2-Bedroom
2
$2,675

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2022
Total Suites505
DeveloperGreat Gulf Homes & Hullmark Developments

home. Power + Adelaide, located at 48-50 Power St within Toronto's Downtown East neighborhood, is a 505-suite residential development completed in 2022 by Great Gulf Homes and Hullmark Developments. Featuring 10 active listings representing a 2% availability rate, the building sustained a leasing pace of 19 transactions over the past 90 days with an average of 28 days on market, alongside 9 transactions over the past 30 days with an average of 16 days on market.

Current active asking rents average $2,585 per month at $4.41 per square foot, tracking below realized 90-day leases which averaged $2,732 per month at $4.13 per square foot. Current active inventory averages 609 square feet, while historical leases averaged 715 square feet, indicating that active inventory skews toward smaller floor plans. The building's active rate of $4.41 per square foot compares to the submarket asking benchmark of $4.36 per square foot.

Marketing friction remains low, evidenced by closed deals averaging 28 days on market over the past 90 days compared to unrented listings lingering for an average of 48 days before being pulled. Tenants secured an average discount of $41 per month (a 1.19% discount) below asking, with 34.4% of leases closing under asking price. Prospective renters will find the deepest selection within 1-Bedroom and 2-Bedroom + Den layouts, which each account for 30% of active inventory.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at home. Power + Adelaide as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units10
-1 (9.1%)
Avg Asking Rent$2,585
-$24 (0.9%)
Avg Suite Size609 sf
+22 sf (3.8%)
Avg Days on Market19d
-1d (4.8%)
Avg Asking $/SF$4.41
-$0.20 (4.3%)

Active Market Insights & Questions

How has rental availability changed at home. Power + Adelaide recently?

home. Power + Adelaide has 10 active listings as of August 31, 2026, offering a price range of $1,950 per month to $3,200 per month with an average asking rent of $2,585 per month and a median asking rent of $2,575 per month. Active inventory averages 609 square feet with an asking rate of $4.41 per square foot. The inventory features a 30% share of 1-Bedroom suites, leaning toward compact entry-level floor plans alongside larger executive multi-bedroom layouts.

What floor plans and unit layouts are currently available at home. Power + Adelaide?

The dominant active layout at home. Power + Adelaide is the 1-Bedroom, representing 3 active listings and a 30% inventory share. Available options also include 3 units of 2-Bedroom + Den layouts accounting for a 30% share, averaging $3,167 per month across 863 square feet at $3.67 per square foot. Additionally, renters can choose from 2 units of 1-Bedroom + Den layouts holding a 20% share at an average of $2,450 per month across 550 square feet ($4.45 per square foot), and 2 units of 2-Bedroom suites covering a 20% share with an average rent of $2,675 per month across 600 square feet ($4.49 per square foot).

What is the average asking rent and $/SF by suite size at home. Power + Adelaide?

home. Power + Adelaide exhibits a minimum entry rent of $1,950 per month and a peak asking rent of $3,200 per month, creating a dollar spread of $1,250 per month and a percentage spread of 64.1%. Median asking rent stands at $2,575 per month. The entry-level option consists of a 1-Bedroom suite spanning 400 square feet priced at $4.88 per square foot, whereas the peak suite features a 2-Bedroom + Den layout spanning 850 square feet priced at $3.76 per square foot.

How much extra do parking spaces and dens cost at home. Power + Adelaide?

home. Power + Adelaide features an active den premium averaging $417 per month with a square footage delta of 150 square feet. This extra den space carries a marginal cost of $2.78 per square foot. Active parking premium data cannot be reliably isolated due to an anomalous outlier or insufficient paired sample.

How do asking rents at home. Power + Adelaide compare to local and municipal benchmarks?

home. Power + Adelaide asks an average rent of $2,585 per month at $4.41 per square foot, compared to the Downtown East submarket asking benchmark of $2,636 per month at $4.36 per square foot. The building's lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot sits 1.1% above the submarket asking benchmark, backed by 10 active listings representing 5.2% of submarket active inventory.

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 home. Power + Adelaide (Data period: For the month of August 2026).

Units Leased9
Avg Leased Price$2,678
Avg Leased Size715 sf
Avg Days to Lease16d
Leased $/SF$4.23

Leased Transaction Insights & Questions

How many suites were leased at home. Power + Adelaide last month, and how fast did they rent?

At home. Power + Adelaide, leasing velocity registered an average of 16 days on market over the past 30 days, 28 days over the past 90 days, and a lifetime average of 25 days compared to a submarket benchmark of 24 days. Closed lease counts shifted from 19 transactions over the 90-day window to 9 transactions over the final 30 days, indicating that leasing turnover moderated heading into late summer.

What is the negotiation spread between asking rents and closed lease prices at home. Power + Adelaide?

At home. Power + Adelaide, rental transactions settled at an average discount of $41 per month or 1.19% below asking, delivering $492 in annual tenant savings. Approximately 34.4% of leases closed under asking price, reflecting persistent tenant leverage and landlord concessions in the local leasing pool.

What are typical executed lease prices across different layouts at home. Power + Adelaide?

At home. Power + Adelaide, the two highest-volume anchor layouts were 2-Bedroom units averaging $2,726 per month with a 22-day DOM and 1-Bedroom + Den suites averaging $2,260 per month with a 30-day DOM. The 2-Bedroom tier recorded 17 closed deals with a share of 53.1%, averaging $2,726 per month, median rent of $2,600 per month, P25-P75 range of $2,550 to $2,800 per month, across 691 square feet at $4.00 per square foot with a 22-day DOM. The 1-Bedroom + Den tier recorded 5 closed deals with a share of 15.6%, averaging $2,260 per month, median rent of $2,250 per month, P25-P75 range of $2,200 to $2,250 per month, across 590 square feet at $3.86 per square foot with a 30-day DOM. The 2-Bedroom + Den tier recorded 4 closed deals with a share of 12.5%, averaging $3,313 per month, median rent of $3,175 per month, P25-P75 range of $3,038 to $3,450 per month, across 847 square feet at $3.92 per square foot with a 27-day DOM (note that this represents an individual deal rather than a broad statistical benchmark). The 3-Bedroom+ tier recorded 4 closed deals with a share of 12.5%, averaging $3,575 per month, median rent of $3,600 per month, P25-P75 range of $3,250 to $3,925 per month, across 958 square feet at $3.74 per square foot with a 34-day DOM (note that this represents an individual deal rather than a broad statistical benchmark). The 1-Bedroom tier recorded 2 closed deals with a share of 6.3%, averaging $2,075 per month, median rent of $2,075 per month, P25-P75 range of $2,062 to $2,088 per month, across 475 square feet at $4.47 per square foot with a 13-day DOM (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 home. Power + Adelaide?

At home. Power + Adelaide, realized parking premiums cannot be isolated because paired vehicle accommodation data is insufficient. Parking stalls are typically bundled into larger floor plans or negotiated privately without discrete line-item tracking in the historical registry. Active asking rates similarly lack sufficient paired samples to establish a reliable baseline.

How does the lease-to-listing ratio at home. Power + Adelaide reflect current tenant demand?

At home. Power + Adelaide, average monthly rents traced a fluctuating path from $2,848 per month in April to $2,678 per month by August. April closed 4 deals averaging $2,848 per month at $3.55 per square foot with an 18-day DOM. May recorded 9 deals averaging $2,894 per month at $3.80 per square foot with a 22-day DOM. June captured 6 deals averaging $2,900 per month at $4.12 per square foot with a 47-day DOM. July registered 4 deals averaging $2,600 per month at $3.91 per square foot with a 24-day DOM. August closed 9 deals averaging $2,678 per month at $4.23 per square foot with a 16-day DOM.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at home. Power + Adelaide (Data period: For the month of August 2026).

Delisted Units3
Avg Asking Price$2,733
Avg Suite Size600 sf
Avg Days on Market48d
Delisted $/SF$4.73

De-Listed Market Analysis & Questions

How many listings de-listed at home. Power + Adelaide, and what was their re-listing price compared to previous asking?

At home. Power + Adelaide, a total of 3 unrented units were pulled from the market, yielding a delisted-to-leased ratio of 33.3% comprised of 2 terminated listings and 1 expired listing. This proportion indicates that roughly 1 listing was pulled for every 3 successful lease transactions.

How do asking prices on de-listed suites compare to executed leases and active listings at home. Power + Adelaide?

At home. Power + Adelaide, unrented units asked an average of $2,733 per month, representing a nominal dollar spread of $55 per month above realized leases ($2,678 per month) and a higher rate per square foot ($4.73 per square foot vs $4.23 per square foot) that demonstrated pushback on price from prospective tenants. Unrented units were overpriced relative to realized leases.

What market friction causes rental listings to stall or de-list at home. Power + Adelaide?

At home. Power + Adelaide, delisted units lingered on the market for an average of 48 days compared to 25 days for realized leases. This marketing deficit of 32 excess days translates into roughly one month of lost rental income plus ongoing monthly condo maintenance fees, illustrating the true carrying cost 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.

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)
2026-04-271028057233.8320
2026-04-281028057233.8321
2026-04-291028057233.8322
2026-04-301227927193.8419
2026-05-011328467373.8318
2026-05-021328467373.8319
2026-05-031328467373.8320
2026-05-041328927523.8118
2026-05-051429007623.7818
2026-05-061330277713.9217
2026-05-071331047943.9116
2026-05-081331047943.9117
2026-05-091331047943.9118
2026-05-101331047943.9119
2026-05-111230387893.8520
2026-05-121129777613.9714
2026-05-131428937264.0912
2026-05-141428937264.0913
2026-05-151328697174.1115
2026-05-161328697174.1116
2026-05-171328697174.1117
2026-05-181328697174.1118
2026-05-191328697174.1119
2026-05-201328697174.1120
2026-05-211229047224.1421
2026-05-221128056884.1923
2026-05-231128056884.1924
2026-05-241128056884.1925
2026-05-251128056884.1926
2026-05-261128056884.1927
2026-05-271128056884.1928
2026-05-281128056884.1929
2026-05-29928446814.2932
2026-05-30928446814.2933
2026-05-31928446814.2934
2026-06-01928446814.2935
2026-06-021028106684.3233
2026-06-031028106684.3234
2026-06-041029306884.3732
2026-06-051127906854.1730
2026-06-061127906854.1731
2026-06-071127906854.1732
2026-06-081127856664.2728
2026-06-091127856664.2729
2026-06-101127856664.2730
2026-06-111126226504.1625
2026-06-121126226504.1626
2026-06-131126226504.1627
2026-06-141126226504.1628
2026-06-151026896754.0929
2026-06-16926216564.1127
2026-06-17926216564.1128
2026-06-18926216564.1129
2026-06-19826556694.0926
2026-06-20728366714.3729
2026-06-21728366714.3730
2026-06-22627256254.4927
2026-06-23627256254.4928
2026-06-24627256254.4929
2026-06-25527306204.5524
2026-06-26527606404.4621
2026-06-27527606404.4622
2026-06-28527606404.4623
2026-06-29527606404.4624
2026-06-30527606404.4625
2026-07-01527606404.4626
2026-07-02427756384.5332
2026-07-03325005674.6335
2026-07-04325005674.6336
2026-07-05325005674.6337
2026-07-06425005634.6128
2026-07-07424945634.6021
2026-07-08424945634.6022
2026-07-09424945634.6023
2026-07-10525455804.5319
2026-07-11525455804.5320
2026-07-12525455804.5321
2026-07-13624715504.6518
2026-07-14826066134.4214
2026-07-15826066134.4215
2026-07-16926176174.3915
2026-07-17826066004.4913
2026-07-18826066004.4914
2026-07-19826066004.4915
2026-07-20826066004.4916
2026-07-21826066004.4917
2026-07-22925505784.5716
2026-07-23925505784.5717
2026-07-241026105954.5416
2026-07-251026105954.5417
2026-07-261026105954.5418
2026-07-271026105954.5419
2026-07-281026105954.5420
2026-07-291026105954.5421
2026-07-301125595774.5920
2026-07-311126095864.6120
2026-08-011126095864.6121
2026-08-021126095864.6122
2026-08-031126095864.6123
2026-08-041126095864.6124
2026-08-051026005804.6625
2026-08-061125915774.6524
2026-08-071125915774.6525
2026-08-081025405504.7528
2026-08-09925175394.8128
2026-08-10825225384.8429
2026-08-11725825574.7931
2026-08-12725325574.6619
2026-08-13725325574.6620
2026-08-14725325574.6621
2026-08-15725325574.6622
2026-08-16725325574.6623
2026-08-17625385584.6822
2026-08-18724755574.5620
2026-08-19724295634.4816
2026-08-20724295634.4817
2026-08-21824255614.4716
2026-08-22824255614.4717
2026-08-23724715634.5619
2026-08-24724715634.5620
2026-08-25623585314.6224
2026-08-26724075484.5521
2026-08-27824445614.5019
2026-08-28925225934.4118
2026-08-291025906194.3517
2026-08-301025906194.3518
2026-08-311025856094.4119

12-Month Market Dynamics & Trend Trajectory

Home. Power + Adelaide has established a robust leasing history anchored by 32 total closed transactions with an average monthly rent of $2,792 per month, an average rate of $3.96 per square foot, and an average suite size of 715 square feet. Tenant turnover moves steadily with a lifetime average of 25 days on market, reflecting consistent demand across downtown floor plans. Pricing discipline leans toward tenant negotiation, with 34.4% of leases closing below asking and generating an average discount of $41 per month or 1.19% off list prices. This dynamic highlights modest landlord concessions and healthy bargaining power for incoming occupants across the building.

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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.

Property & transaction filters
Chart metrics & timeframe
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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)
2026-05-03225756753.8213
2026-05-10331177833.9434
2026-05-17231508753.6216
2026-05-24226257193.7320
2026-05-31124006503.6931
2026-06-07140009314.3060
2026-06-14124005504.3658
2026-06-21328677174.1245
2026-06-28127006504.156
2026-07-05125505504.6435
2026-07-12126007503.4736
2026-07-190N/AN/AN/AN/A
2026-07-26125507503.4017
2026-08-02228507503.8214
2026-08-09222754754.8427
2026-08-16229007004.2124
2026-08-23226256504.017
2026-08-30128006504.315

Nearby Building Rental Comparables & Price Spreads

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

Home on Power + Adelaide at 48-50 Power St competes directly with a tight cluster of nearby properties in Toronto's Downtown East submarket, featuring four primary competitors: Home on Power (52 Power Street, 0.02 km away, completed in 2022, with 1 active listing), East United Condos (120 Parliament St, 0.09 km away, completed in 2020, with 31 active listings), The King East (318 King St E, 0.2 km away, completed in 2013, with 10 active listings), and The Derby (393 King St E, 0.22 km away, completed in 1990, with 7 active listings). This competitive set bridges modern structural generations, spanning from the established 1990 build of The Derby to contemporary mid-2010s developments and identical-vintage 2022 completions. Across this micro-market, the overall comparable benchmark averages $2,305 per month across an average suite size of 590 square feet at $4.03 per square foot. Home on Power + Adelaide scales larger with an all-time average suite size of 715 square feet, while trading at a competitive rate of $3.96 per square foot. This balance of generous floor plans and accessible pricing allows the subject building to deliver superior space efficiency relative to its immediate modern peers.

52 Power Street, Toronto

Avg Asking$1,600/mo
Avg $/SF$4.00
Rent Spread:
-$985/mo (-38.1%) Lower

120 Parliament St, Toronto

Avg Asking$2,310/mo
Avg $/SF$4.23
Rent Spread:
-$275/mo (-10.6%) Lower

318 King St E, Toronto

Avg Asking$2,211/mo
Avg $/SF$3.96
Rent Spread:
-$374/mo (-14.5%) Lower

426 Queen St E, Toronto

Avg Asking$2,550/mo
Avg $/SF$3.00
Rent Spread:
-$35/mo (-1.4%) Lower
One32223 m

132 Berkeley Street, Toronto

Avg Asking$2,430/mo
Avg $/SF$4.76
Rent Spread:
-$155/mo (-6.0%) Lower

393 King St E, Toronto

Avg Asking$3,370/mo
Avg $/SF$3.66
Rent Spread:
+$785/mo (+30.4%) Higher

Comparable Analysis & Questions

How do rental rates at home. Power + Adelaide compare to neighbouring buildings within Downtown East?

Home on Power + Adelaide achieves an all-time average lease rent of $2,792 per month, comparing against an overall comparable micro-market average of $2,305 per month across nearby properties such as Home on Power, East United Condos, The King East, and The Derby. Individual competitor leasing metrics show Home on Power (52 Power Street) recording an average lease rent of $1,600 per month at $4.00 per square foot across 400 square feet; East United Condos (120 Parliament St) averaging $2,317 per month at $4.24 per square foot across 565 square feet; The King East (318 King St E) posting $2,203 per month at $4.11 per square foot across 561 square feet; and the mature 1990-built The Derby (393 King St E) averaging $3,100 per month at $3.76 per square foot across an expansive 832 square feet.

Does home. Power + Adelaide offer a competitive price-per-square-foot ($/SF) against local comparables?

Home. Power + Adelaide establishes its value proposition by offering an average leased rate of $3.96 per square foot across an average of 715 square feet, presenting a competitive space-to-cost ratio against nearby alternatives and the submarket benchmark of $4.23 per square foot. Renters evaluating these options weigh distinct trade-offs: the subject building delivers more interior square footage and modern layout efficiency than denser mid-rise competitors like East United Condos (565 square feet at $4.24 per square foot) and The King East (561 square feet at $4.11 per square foot), allowing tenants to secure larger footprints without absorbing higher marginal rates per square foot.

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

Home. Power + Adelaide delivers an extensive lifestyle and amenity program that matches or exceeds the offerings found across the surrounding Downtown East micro-market. Residents enjoy five signature amenities—an outdoor pool, a dedicated yoga studio, a sauna and steam room, a pet wash station, and an artists' workshop—alongside concierge and security, a fully equipped gym, a party room, a business centre, and a rooftop terrace. When contrasted against nearby alternatives, the subject building provides superior wellness and creative spaces compared to East United Condos and The King East, which feature standard fitness rooms and rooftop terraces but lack specialized facilities like an artists' workshop. Meanwhile, older properties such as The Derby offer basic concierge services without the comprehensive wellness and recreational infrastructure found here. This robust amenity suite particularly serves urban professionals, fitness enthusiasts, pet owners, and creative practitioners seeking an active, all-inclusive community lifestyle.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around home. Power + Adelaide.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Outdoor Pool
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Pet Wash Station
  • Artists' Workshop
  • Change Rooms

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for home. Power + Adelaide.

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.