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Market Data as of August 31, 2026

490 Eglinton Avenue E — Rental Market Data

490 Eglinton Avenue E, Toronto, Ontario M4P 1M4
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,295

Building Summary & Rental Market Overview

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

Building TypePurpose-Built Rental
Year Completed1973
Total Suites51
DeveloperNot Disclosed

490 Eglinton Avenue E is a 51-suite residential building in Toronto's North Midtown submarket, completed in 1973 with no developer of record. As of August 31, 2026, two units are actively listed for rent, representing a 3.9 percent availability rate across the building. The most recent leasing activity shows zero closed leases in the trailing 30 days and three transactions over the past 90 days, averaging $2,695 per month with a 14-day average time to lease.

The two active listings ask $2,295 per month at an average rate of $3.30 per square foot across 700 square feet. That per-square-foot rate is higher than the $3.17 per square foot realized in the building's 90-day closed leases, even though the nominal monthly rent sits below the $2,695 historical average because current listings are more compact at 700 square feet versus the 850 square feet of past leases. Against the North Midtown submarket asking benchmark of $4.27 per square foot, the building's active rate trades 22.7 percent below the broader market.

Marketing velocity at 490 Eglinton Avenue E is notably faster than the submarket norm: active listings have sat for an average of 10 days compared to the 24-day submarket average, and closed leases averaged 14 days, well under the benchmark. Across all three tracked historical leases, tenants paid exactly at asking with zero dollar concessions, indicating a balanced negotiation environment. Both available units are one-bedroom layouts, leaving no two-bedroom or multi-bedroom options in the current active inventory for renters seeking larger footprints.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at 490 Eglinton Avenue E as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units2
+1 (100.0%)
Avg Asking Rent$2,295
-$400 (14.8%)
Avg Suite Size700 sf
-150 sf (17.6%)
Avg Days on Market10d
-17d (64.8%)
Avg Asking $/SF$3.30
+$0.12 (3.9%)

Active Market Insights & Questions

How has rental availability changed at 490 Eglinton Avenue E recently?

490 Eglinton Avenue E has two active listings as of August 31, 2026, both asking $2,295 per month with a median rent of $2,295 and no spread between the minimum and maximum. The average suite size is 700 square feet at an asking rate of $3.30 per square foot, with one unit at 650 square feet and the other at 750 square feet. One-bedroom layouts account for 100 percent of available inventory, meaning the current selection is limited to entry-level and mid-size one-bedroom suites with no multi-bedroom executive options on the market.

What floor plans and unit layouts are currently available at 490 Eglinton Avenue E?

One-bedroom suites represent the entirety of active inventory at 490 Eglinton Avenue E, with two listings comprising 100 percent of available units. Both one-bedroom options average $2,295 per month across 700 square feet at a blended rate of $3.30 per square foot, with individual units ranging from 650 to 750 square feet. No two-bedroom, three-bedroom, or den-included layouts are currently listed for rent in this building.

What is the average asking rent and $/SF by suite size at 490 Eglinton Avenue E?

490 Eglinton Avenue E shows a zero-dollar spread between its two active listings, with both units asking exactly $2,295 per month and a 0 percent variance. The entry-level suite is a one-bedroom at 650 square feet priced at $3.53 per square foot, while the peak listing is a one-bedroom at 750 square feet priced at $3.06 per square foot. The median asking rent of $2,295 reflects the uniform pricing across this small two-unit sample, with the larger suite commanding a lower per-square-foot rate due to its expanded footprint.

How much extra do parking spaces and dens cost at 490 Eglinton Avenue E?

Den premiums and square-footage deltas for extra den space at 490 Eglinton Avenue E cannot be quantified from the current active sample, as no den-included units are listed. Parking stall costs also cannot be reliably isolated from the available data, which shows an insufficient paired sample to produce a dependable monthly figure. Renters should request direct confirmation of any parking or den add-on costs from the leasing office before signing a lease.

How do asking rents at 490 Eglinton Avenue E compare to local and municipal benchmarks?

490 Eglinton Avenue E asks $2,295 per month at $3.30 per square foot, compared to the North Midtown submarket average asking rent of $2,803 and asking rate of $4.27 per square foot. The building's per-square-foot rate sits 22.7 percent below the submarket asking benchmark, a gap partly explained by the fact that active suites at 700 square feet are 44 square feet larger than the submarket implied average of 656 square feet, which moderates the nominal rent differential. The building's two active listings represent a small slice of the broader market, accounting for just 2 out of 232 available listings in North Midtown.

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
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)
2026-04-27224237003.542
2026-04-28224237003.543
2026-04-29224237003.544
2026-04-30224237003.545
2026-05-01224237003.546
2026-05-02224237003.547
2026-05-03224237003.548
2026-05-04224237003.549
2026-05-05224237003.5410
2026-05-06224237003.5411
2026-05-07224237003.5412
2026-05-08224237003.5413
2026-05-09224237003.5414
2026-05-10224237003.5415
2026-05-11224237003.5416
2026-05-12224237003.5417
2026-05-13224237003.5418
2026-05-14224237003.5419
2026-05-15224237003.5420
2026-05-16224237003.5421
2026-05-17224237003.5422
2026-05-18224237003.5423
2026-05-19224237003.5424
2026-05-20224237003.5425
2026-05-21224237003.5426
2026-05-22224237003.5427
2026-05-23224237003.5428
2026-05-24224237003.5429
2026-05-25224237003.5430
2026-05-26224237003.5431
2026-05-27224237003.5432
2026-05-28126958503.1733
2026-05-29126958503.1734
2026-05-30126958503.1735
2026-05-31126958503.1736
2026-06-01126958503.1737
2026-06-09126958503.17N/A
2026-06-10126958503.171
2026-06-11126958503.172
2026-06-12126958503.173
2026-06-13126958503.174
2026-06-14126958503.175
2026-06-15126958503.176
2026-06-16126958503.177
2026-06-17126958503.178
2026-06-18126958503.179
2026-06-19126958503.1710
2026-06-20126958503.1711
2026-06-21126958503.1712
2026-06-25126958503.17N/A
2026-06-26126958503.171
2026-06-27126958503.172
2026-06-28126958503.173
2026-06-29126958503.174
2026-06-30126958503.175
2026-07-01126958503.176
2026-07-02126958503.177
2026-07-03126958503.178
2026-07-04126958503.179
2026-07-05126958503.1710
2026-07-06126958503.1711
2026-07-07126958503.1712
2026-07-08126958503.1713
2026-07-09126958503.1714
2026-07-10126958503.1715
2026-07-11126958503.1716
2026-07-12126958503.1717
2026-07-13126958503.1718
2026-07-14126958503.1719
2026-07-15126958503.1720
2026-07-16126958503.1721
2026-07-17126958503.1722
2026-07-18126958503.1723
2026-07-19126958503.1724
2026-07-20126958503.1725
2026-07-21126958503.1726
2026-07-22126958503.1727
2026-08-13122957503.06N/A
2026-08-14122957503.061
2026-08-15122957503.062
2026-08-16122957503.063
2026-08-17122957503.064
2026-08-18122957503.065
2026-08-19122957503.066
2026-08-20122957503.067
2026-08-21122957503.068
2026-08-22122957503.069
2026-08-23122957503.0610
2026-08-24122957503.0611
2026-08-25122957503.0612
2026-08-26122957503.0613
2026-08-27122957503.0614
2026-08-28122957503.0615
2026-08-29122957503.0616
2026-08-30222957003.309
2026-08-31222957003.3010

12-Month Market Dynamics & Trend Trajectory

490 Eglinton Avenue E realized an average lease rent of $2,695 per month and $3.17 per square foot, placing the building $83 above the North Midtown submarket average lease rent of $2,612 while trading 24.3% below the submarket average rate of $4.19 per square foot. The rent premium over the local benchmark is modest and driven by the building's 850-square-foot suite footprints, which are materially larger than the submarket implied average of 656 square feet. In dollar-per-square-foot terms, the building undercuts the submarket, reflecting a value-oriented pricing position for spacious 2-Bedroom units in a market where smaller suites command higher density rates. All three tracked leases at 490 Eglinton Avenue E closed at exactly 100% of asking price with zero dollar variance, indicating a balanced negotiation environment with no landlord concessions or tenant premiums. The net negotiation spread is $0 per month and 0%, translating to $0 in annualized impact for either party. This at-asking outcome across a small sample of three leases suggests landlords priced accurately to market-clearing levels and tenants accepted those figures without haggling, pointing to a stable, low-friction leasing environment in the North Midtown corridor.

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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
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)
2026-05-31126958503.17N/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-21126958503.1713
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-19126958503.1728

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around 490 Eglinton Avenue E.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for 490 Eglinton Avenue E.

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.