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Market Data as of August 31, 2026

Abeja District - Tower III — Rental Market Data

498 Caldari Rd, Vaughan, Ontario L4K 0R6
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
Studio
2
$1,925
2-Bedroom
1
$2,600

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2025
Total Suites313
DeveloperCortel Group

Abeja District - Tower III at 498 Caldari Rd in Maple, Vaughan, is a 313-suite Cortel Group development completed in 2025 that currently holds three active listings, representing a 1 percent availability rate. The building has closed five leases in the past 30 days at an average of $2,360 per month with a 22-day average time on market, and seventeen leases over the trailing 90 days averaging $2,329 per month with a 24-day DOM.

Active asking rent averages $2,150 per month at $4.36 per square foot across an average suite size of 517 square feet, compared to realized 90-day lease averages of $2,329 per month at $3.60 per square foot. The lower nominal asking rent on current listings is driven by more compact studio footprints rather than cheaper unit pricing, as the active $4.36 per square foot rate sits 13 percent above the submarket asking benchmark of $3.86 per square foot.

Marketing friction remains minimal: the single delisted unit sat 29 days on market, seven days longer than the 30-day lease average, and asked $260 per month below realized lease averages due to its smaller footprint. Tenants negotiated an average discount of $17 per month, with 40 percent of leases closing under asking rent. Active inventory is thin, with two studio options offering a small selection and a single 2-bedroom unit representing the only multi-bedroom choice available.

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Active Rental Inventory & Asking Rates

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

Active Units3
0
Avg Asking Rent$2,150
$0
Avg Suite Size517 sf
-50 sf (8.8%)
Avg Days on Market8d
-25d (76.3%)
Avg Asking $/SF$4.36
+$0.48 (12.3%)

Active Market Insights & Questions

How has rental availability changed at Abeja District - Tower III recently?

Abeja District - Tower III holds three active listings as of August 31, 2026, with asking rents ranging from $1,900 to $2,600 per month, an average of $2,150 and a median of $1,950. The average suite measures 517 square feet at an asking rate of $4.36 per square foot, and studios account for 66.7 percent of available inventory. Current availability leans heavily toward compact entry-level studio suites rather than multi-bedroom executive layouts.

What floor plans and unit layouts are currently available at Abeja District - Tower III?

Studios dominate active inventory at Abeja District - Tower III with two units representing 66.7 percent of available listings, averaging $1,925 per month across 400 square feet at $4.81 per square foot. The single 2-bedroom unit accounts for the remaining 33.3 percent, asking $2,600 per month for 750 square feet at $3.47 per square foot. No 1-bedroom or den configurations are currently available for lease.

What is the average asking rent and $/SF by suite size at Abeja District - Tower III?

Abeja District - Tower III offers active availability from $1,900 to $2,600 per month, a dollar spread of $700 and a percentage spread of 36.8 percent. The median asking rent sits at $1,950 per month, anchored by the entry-level studio at 400 square feet and $4.75 per square foot. At the top of the range, the 2-bedroom suite spans 750 square feet at $3.47 per square foot, reflecting a larger footprint that dilutes the per-square-foot rate despite the higher monthly outlay.

How much extra do parking spaces and dens cost at Abeja District - Tower III?

Abeja District - Tower III does not currently have quantified den premium data, as no active listings include a den configuration to establish a marginal cost per square foot for additional space. Verified parking stalls carry a $50 per month premium on active listings, while historical leases established a $343 per month parking benchmark.

How do asking rents at Abeja District - Tower III compare to local and municipal benchmarks?

Abeja District - Tower III asks an average of $2,150 per month at $4.36 per square foot, compared to the Maple submarket asking benchmark of $2,629 per month at $3.86 per square foot. The building's lower nominal rent is driven by more compact suite sizing rather than cheaper unit pricing, as its per-square-foot rate runs 13 percent above the submarket average. The tower holds three of the 38 active listings in the Maple submarket, representing roughly 7.9 percent of total available 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 Abeja District - Tower III (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$2,360
Avg Leased Size657 sf
Avg Days to Lease22d
Leased $/SF$3.63

Leased Transaction Insights & Questions

How many suites were leased at Abeja District - Tower III last month, and how fast did they rent?

Abeja District – Tower III at 498 Caldari Rd closed leases in an average of 22 days over the trailing 30 days, 24 days over 90 days, against a Maple submarket benchmark of 24 days. The building recorded 5 closed leases in the last 30 days, 17 in the last 90 days, and 25 over its full lifetime since July 2025 registration. Leasing turnover accelerated sharply through spring and early summer—jumping from 2 deals in April to a peak of 9 in June—before moderating to 3 in July and settling at 5 in August, consistent with a building still in initial occupancy ramp-up.

What is the negotiation spread between asking rents and closed lease prices at Abeja District - Tower III?

Abeja District – Tower III tenants negotiated an average discount of $17 per month (0.75% below asking), translating to $204 in annual savings per unit. Forty percent of all 25 closed leases settled under the listed asking price, confirming measurable tenant leverage in this early-occupancy market. The net negotiation spread of -$17 per month represents a landlord concession rather than a pricing premium, and the tenant-favorable dynamic is most visible in the 1-Bedroom + Den and 2-Bedroom tiers where volume is highest.

What are typical executed lease prices across different layouts at Abeja District - Tower III?

The two highest-volume anchor layouts at Abeja District – Tower III are the 1-Bedroom + Den (11 leases, $2,186 average, 20 DOM) and the 2-Bedroom (9 leases, $2,550 average, 24 DOM). The 1-Bedroom tier closed 4 leases at $2,113 average ($2,025–$2,262 P25–P75), 600 sq. ft. average size, $3.56 per square foot, and 30 DOM—this is a limited sample of 4 deals and serves as a directional reference only. The Studio tier recorded a single transaction at $1,750, 400 sq. ft., $4.38 per square foot, and 45 DOM; this represents an individual single deal, not a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Abeja District - Tower III?

Abeja District – Tower III realized a verified leased parking premium of $343 per month, indicating parking is bundled into the lease structure for most closed units. Active listings show a verified parking premium of just $50 per month, suggesting the $343 figure reflects a standard inclusion in 2-Bedroom and 1-Bedroom + Den suites rather than a standalone add-on. The wide gap between realized ($343) and active asking ($50) parking values points to bundling conventions that differ between closed leases and currently marketed units.

How does the lease-to-listing ratio at Abeja District - Tower III reflect current tenant demand?

Abeja District – Tower III rents trended upward from a May low of $2,133 to an August close of $2,360 across the tracked April-through-August 2026 timeline. April saw 2 closed deals at $2,400 average, $3.43 per square foot, and 8 DOM. May brought 6 deals at $2,133 average, $3.42 per square foot, and 29 DOM. June peaked with 9 deals at $2,339 average, $3.42 per square foot, and 21 DOM. July slowed to 3 deals at $2,250 average, $4.09 per square foot, and 36 DOM. August closed with 5 deals at $2,360 average, $3.63 per square foot, and 22 DOM.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Abeja District - Tower III (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,100
Avg Suite Size550 sf
Avg Days on Market29d
Delisted $/SF$3.82

De-Listed Market Analysis & Questions

How many listings de-listed at Abeja District - Tower III, and what was their re-listing price compared to previous asking?

Abeja District – Tower III logged 1 delisted unit against 5 trailing-30-day leases, a delisted-to-leased ratio of 20%, with the single listing classified as terminated. This represents 1 listing pulled relative to 5 recent leases, a modest friction signal for a building still in initial occupancy. The zero expired and zero suspended counts indicate the delisting was a deliberate landlord decision rather than a passive market exit.

How do asking prices on de-listed suites compare to executed leases and active listings at Abeja District - Tower III?

Abeja District – Tower III's single delisted unit asked $2,100 per month, which is $260 per month below the realized lease average of $2,360 nominally, driven by a smaller suite footprint at 4.38 per square foot versus the 3.54 per square foot realized average. The delisted unit's higher rate per square foot ($3.82 vs. $3.54) demonstrates that prospective tenants pushed back on high-density pricing despite the lower nominal asking rent. This below-leased spread pattern is consistent with compact units commanding a premium per square foot that the market declined to absorb at volume.

What market friction causes rental listings to stall or de-list at Abeja District - Tower III?

Abeja District – Tower III's delisted unit sat on market for an average of 29 days compared to the 22-day realized lease average over the trailing 30 days, a 7-day excess. That 7-day carry translates to roughly $490 in lost rent at the $2,100 asking rate plus ongoing condo maintenance fees during the unrented period. The 5-day excess against the lifetime 24-day DOM further confirms that this single delisting represented a modest but measurable vacancy carry event in an otherwise tight early-occupancy 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
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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)
2026-04-271022956653.5434
2026-04-281022956653.5435
2026-04-29923286783.5224
2026-04-30823126563.6419
2026-05-01823126563.6420
2026-05-02923446673.6218
2026-05-03824007003.4819
2026-05-04824007003.4820
2026-05-05823066633.5219
2026-05-06823066633.5220
2026-05-07823066633.5221
2026-05-081022456253.6718
2026-05-091022456253.6719
2026-05-101022456253.6720
2026-05-111022456253.6721
2026-05-121022456253.6722
2026-05-131022456253.6723
2026-05-141022456253.6724
2026-05-15922506223.7022
2026-05-16922506223.7023
2026-05-171022576453.6022
2026-05-181022576453.6023
2026-05-191022576453.6024
2026-05-201122526363.6423
2026-05-211022926453.6624
2026-05-221022926453.6625
2026-05-23923036563.6328
2026-05-24923036563.6329
2026-05-25823476563.7127
2026-05-26923196443.7225
2026-05-271023386553.6823
2026-05-281023536403.8821
2026-05-291123166413.8020
2026-05-301123166413.8021
2026-05-311123166413.8022
2026-06-011123166413.8023
2026-06-021123166413.8024
2026-06-031022836203.8724
2026-06-041122896233.8423
2026-06-051322836123.8820
2026-06-061122706053.9222
2026-06-071122706053.9223
2026-06-081022385903.9722
2026-06-091022385903.9723
2026-06-101022385903.9724
2026-06-111022385903.9725
2026-06-12922365943.9519
2026-06-13721865863.8019
2026-06-14721865863.8020
2026-06-15721865863.8021
2026-06-16822005943.7720
2026-06-17723076143.8218
2026-06-18823006063.8616
2026-06-19822696063.8116
2026-06-20822696063.8117
2026-06-21822696063.8118
2026-06-22822005753.9118
2026-06-23822005753.9119
2026-06-24722145644.0122
2026-06-25722145644.0123
2026-06-26722145644.0124
2026-06-27722145644.0125
2026-06-28722145644.0126
2026-06-29722145644.0127
2026-06-30722145644.0128
2026-07-01722145644.0129
2026-07-02722145644.0130
2026-07-03722145644.0131
2026-07-04722145644.0132
2026-07-05722145644.0133
2026-07-06722145644.0134
2026-07-07722145644.0135
2026-07-08622085674.0039
2026-07-09622085674.0040
2026-07-10622085674.0041
2026-07-11622085674.0042
2026-07-12622085674.0043
2026-07-13622085674.0044
2026-07-14622085674.0045
2026-07-15622085674.0046
2026-07-16521905703.9648
2026-07-17621755673.9441
2026-07-18621755673.9442
2026-07-19621755673.9443
2026-07-20621755673.9444
2026-07-21621755673.9445
2026-07-22422636133.7838
2026-07-23422636133.7839
2026-07-24422636133.7840
2026-07-25422636133.7841
2026-07-26422636133.7842
2026-07-27422636133.7843
2026-07-28422636133.7844
2026-07-29422636133.7845
2026-07-30422636133.7846
2026-07-31321505673.8932
2026-08-01321505673.8933
2026-08-02321505673.8934
2026-08-03321505673.8935
2026-08-04321505673.8936
2026-08-05321505673.8937
2026-08-06323176503.5823
2026-08-07324176723.6224
2026-08-08324176723.6225
2026-08-09324176723.6226
2026-08-10324176723.629
2026-08-11324176723.6210
2026-08-12324176723.6211
2026-08-13223506503.6415
2026-08-14223506503.6416
2026-08-15126007503.475
2026-08-16126007503.476
2026-08-17226257753.394
2026-08-18226257753.395
2026-08-19226257753.396
2026-08-20226257753.397
2026-08-21226257753.398
2026-08-22226257753.399
2026-08-23126007503.4713
2026-08-24126007503.4714
2026-08-25126007503.4715
2026-08-26126007503.4716
2026-08-27126007503.4717
2026-08-28126007503.4718
2026-08-29126007503.4719
2026-08-30321505174.367
2026-08-31321505174.368

12-Month Market Dynamics & Trend Trajectory

Abeja District – Tower III has closed 25 leases since its July 2025 registration, averaging $2,288 per month at $3.54 per square foot across an average suite size of 657 sq. ft. and a lifetime DOM of 24 days. The building sits in the Maple submarket where the average lease rent is $2,534 and the average rate is $3.52 per square foot, placing Tower III's realized pricing 2.3% above the submarket leased benchmark on a per-square-foot basis while remaining below the submarket asking average of $2,629. On pricing discipline, 40% of all 25 closed leases settled below asking price, producing a net tenant-favorable negotiation spread of $17 per month (0.75% discount). The annualized impact of this concession is $204 per unit in tenant savings, confirming that landlords at Tower III are offering modest price flexibility to maintain occupancy velocity during the initial ramp-up phase rather than holding firm at listed rates.

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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
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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)
2026-05-03126008503.0618
2026-05-10121506503.3145
2026-05-17220005503.6416
2026-05-24220256003.4340
2026-05-31324337173.4622
2026-06-07224008003.0237
2026-06-14222256003.7219
2026-06-21222506503.466
2026-06-280N/AN/AN/AN/A
2026-07-05122505504.0920
2026-07-12123005504.1841
2026-07-19122005504.0047
2026-07-260N/AN/AN/AN/A
2026-08-02219755253.8823
2026-08-09225507333.4830
2026-08-160N/AN/AN/AN/A
2026-08-23127508003.446

Nearby Building Rental Comparables & Price Spreads

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

Abeja District – Tower III at 498 Caldari Rd sits within a tight competitive cluster in Vaughan's Maple submarket, anchored by its two sister towers: Abeja District – Tower II at 474 Caldari Rd (0.07 km, completed 2025, 22 closed leases in the trailing 180 days) and Abeja District – Tower I at 10 Abeja St (0.07 km, completed 2025, 15 closed leases). Just beyond the immediate campus, Park Avenue Place – Tower 2 at 9085 Jane St (0.17 km, completed 2022, 15 closed leases) and Bellaria Residences – Tower 1 at 9225 Jane St (0.22 km, completed 2008, 8 closed leases) round out the four-property comparable set. The three Abeja towers share a 2025 completion year and Cortel Group development pedigree, while Park Avenue Place is a 2022 build and Bellaria Residences dates to 2008, giving it a roughly 17-year age gap that shapes its lower per-square-foot pricing despite larger suites. Across the four comparables, the average closed-lease rent is $2,408 per month, the average rate is $3.52 per square foot, and the average suite size is 702 square feet. Tower III's realized lease average of $2,288 per month at 657 square feet places it $120 below the comp mean and slightly under the submarket average of 702 square feet. On a per-square-foot basis, Tower III's $3.54 all-time lease rate sits essentially at parity with the $3.52 submarket benchmark, meaning the building competes on a balanced value proposition: a modern 2025 build with a mid-range suite footprint that trades at or near the neighbourhood's median rate rather than commanding a size or rate premium.

474 Caldari Rd, Vaughan

Avg Asking$2,232/mo
Avg $/SF$3.70
Rent Spread:
+$82/mo (+3.8%) Higher

10 Abeja St, Vaughan

Avg Asking$2,424/mo
Avg $/SF$3.52
Rent Spread:
+$274/mo (+12.7%) Higher

9085 Jane St, Vaughan

Avg Asking$2,379/mo
Avg $/SF$3.65
Rent Spread:
+$229/mo (+10.7%) Higher

9225 Jane St, Vaughan

Avg Asking$2,567/mo
Avg $/SF$3.36
Rent Spread:
+$417/mo (+19.4%) Higher

9075 Jane St, Vaughan

Avg Asking$2,625/mo
Avg $/SF$3.33
Rent Spread:
+$475/mo (+22.1%) Higher

9245 Jane St, Vaughan

Avg Asking$2,603/mo
Avg $/SF$3.25
Rent Spread:
+$453/mo (+21.1%) Higher

Comparable Analysis & Questions

How do rental rates at Abeja District - Tower III compare to neighbouring buildings within Maple?

Abeja District – Tower III's all-time average lease rent of $2,288 per month runs $120 (5.0%) below the four-comparable average of $2,408, positioning it as the most competitively priced option in this immediate cluster. Abeja District – Tower II at 474 Caldari Rd closed leases averaging $2,219 per month at $3.68 per square foot across 622-square-foot suites, while Tower I at 10 Abeja St recorded $2,427 per month at $3.54 per square foot for 691-square-foot units. Park Avenue Place – Tower 2 at 9085 Jane St posted $2,373 per month at $3.59 per square foot over 673 square feet, and Bellaria Residences – Tower 1 at 9225 Jane St led the set at $2,613 per month but at a lower $3.27 per square foot across its larger 821-square-foot suites.

Does Abeja District - Tower III offer a competitive price-per-square-foot ($/SF) against local comparables?

At $3.54 per square foot and an average leased size of 657 square feet, Abeja District – Tower III offers a mid-pack value position that undercuts the submarket's $3.52 per-square-foot benchmark only marginally while delivering a 2025-built product. Against Tower II, the subject trades at a $0.14 per-square-foot discount (3.8% below) and provides 35 more interior square feet, giving renters a slightly larger suite for less per unit of space. Compared with Tower I, the two buildings sit at exact $/SF parity, though Tower III's suites run 34 square feet smaller. Versus Park Avenue Place – Tower 2, the subject is $0.05 per square foot cheaper but 16 square feet smaller, and against Bellaria Residences – Tower 1 the subject commands an $0.27 per-square-foot premium (8.3% above) while offering 164 fewer square feet—meaning renters gain a newer building and denser amenity mix in exchange for a compact footprint.

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

Abeja District – Tower III's 17-amenity package leans heavily on tech-ready convenience and family programming, setting it apart from all four nearby competitors in several signature areas. The building's EV Charging Station is absent from every comparable property, giving residents a dedicated on-site charging solution that Tower II, Tower I, Park Avenue Place, and Bellaria Residences simply do not offer. An outdoor Children's Playground is likewise unique to Tower III in this cluster—no competitor provides a dedicated outdoor play space for kids. The Business Centre at Tower III goes beyond the basic Co-Working Space found at Tower II and is entirely missing from Park Avenue Place and Bellaria Residences, offering reservable meeting rooms and full office infrastructure. A Pet Wash Station is shared only with Tower II, leaving Tower I, Park Avenue Place, and Bellaria without any on-site pet-care facility. Finally, the Artist Studio appears at Tower III alongside Tower II and Tower I but is absent from both Jane Street properties, giving the Caldari campus a creative-workspace edge. Together, these differentiators make Tower III the strongest fit for tech-oriented young professionals and small families who want EV-ready parking, outdoor kids' play, full business services, and pet-friendly amenities under one roof.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Abeja District - Tower III.

Building Amenities

  • Concierge & Security
  • EV Charging Station
  • Gym & Fitness Centre
  • Yoga Studio
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Children's Playground - Outdoor
  • Kids' Play Room - Indoor
  • Pet Wash Station
  • Artist Studio

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Abeja District - Tower III.

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.