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Market Data as of August 31, 2026

Art Shoppe Lofts + Condos — Rental Market Data

5 Hillsdale Ave/5 Soudan Ave, Toronto, Ontario M4S 1T4
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,250
2-Bedroom + Den
1
$3,100

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2020
Total Suites626
DeveloperFreed Developments & CD Capital Developments

Art Shoppe Lofts + Condos, located at 5 Hillsdale Ave/5 Soudan Ave in Toronto's North Midtown neighborhood, is a 626-suite established residential building completed in 2020 by Freed Developments and CD Capital Developments. This high-rise community currently maintains 2 active listings reflecting an availability rate of 0.3 percent. Over the past 90 days, the building recorded 15 closed leasing transactions with an average of 21 days on the market, while the 30-day window captured 5 closed deals averaging 20 days on the market.

Active asking rents average $2,675 per month at $4.75 per square foot, tracking above the realized 90-day average lease rate of $2,713 per month at $4.36 per square foot. Current active inventory averages 600 square feet, which aligns closely with the historical lifetime leased average of 575 square feet. At $4.75 per square foot, active asking rates sit 11.2 percent higher than the North Midtown submarket asking benchmark of $4.27 per square foot.

Marketing friction remains exceptionally low with active listings spending an average of just 12 days on the market, while historical data shows tenants achieving average discounts of $17 per month, or 0.88 percent below asking. Prospective tenants face very thin inventory across the building, with single-listing availability split evenly between compact 400-square-foot units and larger 800-square-foot layouts.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Art Shoppe Lofts + Condos as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units2
-1 (33.3%)
Avg Asking Rent$2,675
+$125 (4.9%)
Avg Suite Size600 sf
-17 sf (2.7%)
Avg Days on Market12d
-1d (5.3%)
Avg Asking $/SF$4.75
+$0.61 (14.7%)

Active Market Insights & Questions

How has rental availability changed at Art Shoppe Lofts + Condos recently?

Art Shoppe Lofts + Condos features 2 active listings as of August 31, 2026, commanding a price range between $2,250 and $3,100 per month with an average and median asking rent of $2,675 per month. Active suites average 600 square feet with an asking rate of $4.75 per square foot. Inventory is split evenly between the available layout tiers, offering a balanced selection between compact entry-level layouts and larger executive footprints.

What floor plans and unit layouts are currently available at Art Shoppe Lofts + Condos?

The dominant active layout at Art Shoppe Lofts + Condos is the 1-Bedroom + Den, accounting for 1 listing and a 50 percent share of current inventory. The 1-Bedroom + Den tier averages $2,250 per month across 400 square feet at an asking rate of $5.63 per square foot. Meanwhile, the 2-Bedroom + Den tier also represents 50 percent of active inventory with 1 listing, averaging $3,100 per month across 800 square feet at $3.88 per square foot.

What is the average asking rent and $/SF by suite size at Art Shoppe Lofts + Condos?

Art Shoppe Lofts + Condos presents an asking rent range from a minimum entry rent of $2,250 per month to a peak asking rent of $3,100 per month, creating a dollar spread of $850 per month or 37.8 percent. Median asking rent stands at $2,675 per month. The entry-level option consists of a 1-Bedroom + Den suite spanning 400 square feet at an asking rate of $5.63 per square foot, while the peak tier is anchored by a 2-Bedroom + Den suite spanning 800 square feet at $3.88 per square foot.

How much extra do parking spaces and dens cost at Art Shoppe Lofts + Condos?

Art Shoppe Lofts + Condos has insufficient active sample data to isolate den premiums or square footage deltas between layout tiers. Active parking premiums cannot be reliably isolated due to an insufficient paired sample. Prospective tenants should verify parking stall availability and associated monthly fees directly with the leasing office.

How do asking rents at Art Shoppe Lofts + Condos compare to local and municipal benchmarks?

Art Shoppe Lofts + Condos commands an average asking rent of $2,675 per month at $4.75 per square foot, comparing against the North Midtown submarket asking averages of $2,803 per month and $4.27 per square foot. The building's higher rate per square foot—surpassing submarket asking benchmarks by 11.2 percent—reflects premium positioning in a development that represents 0.9 percent of total 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 Art Shoppe Lofts + Condos (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$3,110
Avg Leased Size575 sf
Avg Days to Lease20d
Leased $/SF$4.34

Leased Transaction Insights & Questions

How many suites were leased at Art Shoppe Lofts + Condos last month, and how fast did they rent?

At Art Shoppe Lofts + Condos, 30-day leasing velocity recorded an average of 20 days on the market, 90-day velocity averaged 21 days on the market, and the broader North Midtown submarket benchmark stands at 24 days on the market. Leasing turnover accelerated heading into the summer months, with 5 closed deals in the 30-day window, 15 closed deals across the 90-day window, and a total of 31 lifetime leases tracked in the dataset.

What is the negotiation spread between asking rents and closed lease prices at Art Shoppe Lofts + Condos?

At Art Shoppe Lofts + Condos, leasing transactions secured a net tenant discount of $17 per month, representing a 0.88% variance below asking price and delivering $204 in annual tenant savings. Exactly 25.8% of closed leases secured concessions below asking price, reflecting mild tenant-favorable pricing leverage during the tracked leasing cycle.

What are typical executed lease prices across different layouts at Art Shoppe Lofts + Condos?

The two highest-volume anchor layouts at Art Shoppe Lofts + Condos are 2-Bedroom suites averaging $3,114 per month across 19 days on the market and 1-Bedroom suites averaging $1,930 per month across 29 days on the market. For 1-Bedroom suites, the dataset recorded 8 closed leases with an average rent of $1,930 per month, a median rent of $1,900 per month, a P25-P75 range of $1,795 to $2,100 per month, an average size of 431 square feet, an average rate of $4.56 per square foot, and 29 days on the market. For 1-Bedroom + Den suites, the dataset recorded 6 closed leases with an average rent of $2,317 per month, a median rent of $2,300 per month, a P25-P75 range of $2,262 to $2,338 per month, an average size of 567 square feet, an average rate of $4.10 per square foot, and 29 days on the market. For Studio suites, the dataset recorded 5 closed leases with an average rent of $1,830 per month, a median rent of $1,850 per month, a P25-P75 range of $1,800 to $1,850 per month, an average size of 394 square feet, an average rate of $4.65 per square foot, and 10 days on the market. For 2-Bedroom suites, the dataset recorded 11 closed leases with an average rent of $3,114 per month, a median rent of $2,850 per month, a P25-P75 range of $2,775 to $3,300 per month, an average size of 734 square feet, an average rate of $4.24 per square foot, and 19 days on the market. Finally, for 2-Bedroom + Den suites, the dataset recorded 1 closed lease with an average and median rent of $3,700 per month, a P25-P75 range of $3,700 to $3,700 per month, an average size of 950 square feet, an average rate of $3.89 per square foot, and 24 days on the market (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 Art Shoppe Lofts + Condos?

At Art Shoppe Lofts + Condos, realized leased parking premiums cannot be isolated due to insufficient paired lease data. Parking stall allocations were bundled directly into base suite rents without separate line-item tracking across historical transactions. Active asking data similarly lacks sufficient paired samples to reliably isolate standalone parking fees.

How does the lease-to-listing ratio at Art Shoppe Lofts + Condos reflect current tenant demand?

At Art Shoppe Lofts + Condos, overall rent trajectories exhibited solid seasonal appreciation from spring into late summer. In April 2026, 8 closed deals averaged $2,136 per month at $4.30 per square foot over 21 days on the market. In May 2026, 8 closed deals averaged $2,331 per month at $4.38 per square foot over 27 days on the market. In June 2026, 6 closed deals averaged $2,558 per month at $4.11 per square foot over 18 days on the market. In July 2026, 4 closed deals averaged $2,450 per month at $4.75 per square foot over 27 days on the market. In August 2026, 5 closed deals averaged $3,110 per month at $4.34 per square foot over 20 days on the 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)
2026-04-27823435594.2520
2026-04-28822625154.4518
2026-04-29723295184.5719
2026-04-30823255224.5218
2026-05-01823255224.5219
2026-05-02923335254.5018
2026-05-03923335254.5019
2026-05-04823945434.4620
2026-05-05823945434.4621
2026-05-06823065174.5221
2026-05-07923675434.4419
2026-05-08923675434.4420
2026-05-09823315294.4817
2026-05-10823315294.4818
2026-05-11923225324.4417
2026-05-12923225324.4418
2026-05-13823815484.4121
2026-05-14823815484.4122
2026-05-15522004874.5724
2026-05-16522004874.5725
2026-05-17522004874.5726
2026-05-18522004874.5727
2026-05-19522004874.5728
2026-05-20522004874.5729
2026-05-21522004874.5730
2026-05-22422885134.5225
2026-05-23522004904.5421
2026-05-24522004904.5422
2026-05-25522004904.5423
2026-05-26522004904.5424
2026-05-27421504754.5819
2026-05-28421504754.5820
2026-05-29321675004.3617
2026-05-30321675004.3618
2026-05-31321675004.3619
2026-06-01321675004.3620
2026-06-02623005084.6311
2026-06-03722214934.5910
2026-06-04620834504.6812
2026-06-05621424754.5811
2026-06-06723645434.4810
2026-06-07624675674.5013
2026-06-08624675674.5014
2026-06-09624675674.5015
2026-06-10624675674.5016
2026-06-11725145934.3914
2026-06-12824635694.4913
2026-06-13824635694.4914
2026-06-14824635694.4915
2026-06-15824635694.4916
2026-06-16824635694.4917
2026-06-17824635694.4918
2026-06-18824635694.4919
2026-06-19824635694.4920
2026-06-20824635694.4921
2026-06-21824635694.4922
2026-06-22824635694.4923
2026-06-23824635694.4924
2026-06-24824635694.4925
2026-06-25724145434.6028
2026-06-26724145434.6029
2026-06-27724145434.6030
2026-06-28724145434.6031
2026-06-29624425424.6929
2026-06-30421384384.9725
2026-07-01321504504.8825
2026-07-02423005004.7119
2026-07-03323334834.9518
2026-07-04323334834.9519
2026-07-05323334834.9520
2026-07-06426005514.8416
2026-07-07426005514.8417
2026-07-08426005514.8418
2026-07-09426005514.8419
2026-07-10426005514.8420
2026-07-11426005514.8421
2026-07-12426005514.8422
2026-07-13426005514.8423
2026-07-14323334834.9529
2026-07-15323334834.9530
2026-07-16323334834.9531
2026-07-17323334834.9532
2026-07-18323334834.9533
2026-07-19323334834.9534
2026-07-20224255254.7428
2026-07-21224255254.7429
2026-07-22324675674.4720
2026-07-23226506504.0811
2026-07-24226506504.0812
2026-07-25226506504.0813
2026-07-26226506504.0814
2026-07-27226506504.0815
2026-07-28226506504.0816
2026-07-29226506504.0817
2026-07-30226506504.0818
2026-07-31325506174.1413
2026-08-01325506174.1414
2026-08-02325506174.1415
2026-08-03325506174.1416
2026-08-04325506174.1417
2026-08-05427386504.2113
2026-08-06427386504.2114
2026-08-07528106804.1412
2026-08-08429257134.1115
2026-08-09429257134.1116
2026-08-10429257134.1117
2026-08-11429257134.1118
2026-08-12328007004.0122
2026-08-13328007004.0123
2026-08-14432257634.1918
2026-08-15333838004.1811
2026-08-16238008754.316
2026-08-17238008754.317
2026-08-18238008754.318
2026-08-19238008754.319
2026-08-20238008754.3110
2026-08-21238008754.3111
2026-08-22238008754.3112
2026-08-23238008754.3113
2026-08-24238008754.3114
2026-08-25238008754.3115
2026-08-26238008754.3116
2026-08-27238008754.3117
2026-08-28238008754.3118
2026-08-29131008003.8822
2026-08-30131008003.8823
2026-08-31226756004.7512

12-Month Market Dynamics & Trend Trajectory

Art Shoppe Lofts + Condos has established a robust leasing history across 31 lifetime closed transactions, realizing an average monthly rent of $2,466 per month at an average rate of $4.35 per square foot. Suite configurations across the building average 575 square feet with a lifetime average marketing time of 22 days on the market, demonstrating steady and reliable tenant turnover since completion. Pricing discipline at the property leans moderately tenant-favorable, with transactions reflecting a net negotiation discount of $17 per month or 0.88% below asking price. Approximately 25.8% of all closed leases secured concessions below original asking rents, yielding $204 in annualized tenant savings while the remaining inventory closed near or at full asking parity.

Loading inventory data…

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
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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)
2026-05-03222505184.4436
2026-05-10424635884.2517
2026-05-170N/AN/AN/AN/A
2026-05-24221504754.5940
2026-05-31224255754.288
2026-06-07117504004.384
2026-06-140N/AN/AN/AN/A
2026-06-21128007503.7314
2026-06-28425636134.3133
2026-07-050N/AN/AN/AN/A
2026-07-12134007544.518
2026-07-19121004005.2541
2026-07-260N/AN/AN/AN/A
2026-08-02123505504.278
2026-08-09231007004.4126
2026-08-16125006503.8525
2026-08-23145009504.7415

Nearby Building Rental Comparables & Price Spreads

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

Art Shoppe Lofts + Condos is evaluated against a localized competitive set in North Midtown Toronto, featuring Uovo Boutique Residences located 0.07 kilometers away (completed in 2024 with 4 active listings), The Davisville located 0.10 kilometers away (completed in 2025 with 8 active listings), Y&S Condos located 0.14 kilometers away (completed in 2023 with 25 active listings), and The Berwick located 0.20 kilometers away (completed in 2015 with 5 active listings). These newer developments represent varied structural generations within the immediate neighborhood, contrasting Art Shoppe Lofts + Condos's 2020 completion year against both older high-rises and recent boutique completions. Within this micro-market, the overall comparable set achieves an average monthly rent of $2,741 per month at an average rate of $4.21 per square foot across an average suite size of 662 square feet. Art Shoppe Lofts + Condos positions itself competitively within this scale, leveraging its established mid-generation positioning, central location, and moderate density to capture steady leasing demand relative to surrounding newer builds.

1 Hillsdale Avenue W, Toronto

Avg Asking$3,250/mo
Avg $/SF$4.25
Rent Spread:
+$575/mo (+21.5%) Higher

8 Manor Rd W, Toronto

Avg Asking$2,809/mo
Avg $/SF$4.23
Rent Spread:
+$134/mo (+5.0%) Higher

20 Soudan Avenue, Toronto

Avg Asking$2,969/mo
Avg $/SF$4.48
Rent Spread:
+$294/mo (+11.0%) Higher

60 Berwick Ave, Toronto

Avg Asking$2,580/mo
Avg $/SF$4.13
Rent Spread:
-$95/mo (-3.6%) Lower

2181 Yonge St, Toronto

Avg Asking$2,824/mo
Avg $/SF$3.75
Rent Spread:
+$149/mo (+5.6%) Higher

30 Holly St, Toronto

Avg Asking$4,200/mo
Avg $/SF$3.82
Rent Spread:
+$1,525/mo (+57.0%) Higher

Comparable Analysis & Questions

How do rental rates at Art Shoppe Lofts + Condos compare to neighbouring buildings within North Midtown?

Art Shoppe Lofts + Condos records a trailing average lease rent that compares against the overall competitive average of $2,741 per month across nearby North Midtown benchmarks. Individual competitor performance includes Uovo Boutique Residences at 1 Hillsdale Avenue W with an average lease rent of $3,250 per month, $4.26 per square foot, and an average size of 763 square feet; The Davisville at 8 Manor Rd W with an average lease rent of $2,503 per month, $4.23 per square foot, and an average size of 593 square feet; Y&S Condos at 20 Soudan Avenue with an average lease rent of $2,589 per month, $4.40 per square foot, and an average size of 602 square feet; and The Berwick at 60 Berwick Ave with an average lease rent of $2,620 per month, $3.96 per square foot, and an average size of 690 square feet.

Does Art Shoppe Lofts + Condos offer a competitive price-per-square-foot ($/SF) against local comparables?

Art Shoppe Lofts + Condos establishes its value proposition by balancing its lease rates and square footage against immediate North Midtown alternatives and broader submarket benchmarks. Renters evaluating the subject building versus Uovo Boutique Residences trade a rate of $4.26 per square foot across 763 square feet for Art Shoppe's more compact layouts; against The Davisville at $4.23 per square foot across 593 square feet, Art Shoppe maintains comparable cost efficiencies; against Y&S Condos at $4.40 per square foot across 602 square feet, the subject offers a lower or more competitive rate per square foot; and against The Berwick at $3.96 per square foot across 690 square feet, the subject commands a $0.39 per square foot premium for its newer age and localized positioning.

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

Art Shoppe Lofts + Condos delivers an extensive lifestyle and amenity package that distinguishes it from surrounding developments in North Midtown. The building features signature highlights including an Indoor Pool, an Outdoor Pool, a Hot Tub & Jacuzzi, a Rooftop Terrace, and a Wine Tasting Room. When contrasted with nearby peers, these offerings expand well beyond the standard fitness and social spaces found at Uovo Boutique Residences, The Davisville, Y&S Condos, and The Berwick—such as their respective yoga studios, pet wash stations, and business centers—making Art Shoppe particularly well-suited for urban professionals and lifestyle-focused residents seeking resort-style amenities within a central node.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Art Shoppe Lofts + Condos.

Building Amenities

  • BBQ Area
  • Cabanas and Day Beds
  • Concierge & Security
  • Dining Room & Kitchen
  • Games & Billiards Room
  • Garden & Courtyard
  • Gym & Fitness Centre
  • Hot Tub & Jacuzzi
  • Indoor Pool
  • Juice Bar
  • Kids' Play Room - Indoor
  • Library & Reading Room
  • Media & Theatre Room
  • Meeting Room
  • Outdoor Bar Area
  • Outdoor Pool
  • Party & Lounge Room
  • Rooftop Terrace
  • Sauna & Steam Room
  • Wine Tasting Room
  • Yoga Studio

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Art Shoppe Lofts + Condos.

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.