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Market Data as of August 31, 2026

Crescent Town — Rental Market Data

5 Massey Square, East York, Ontario M4C
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,040
2-Bedroom
1
$2,400

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1972
Total Suites1,420
DeveloperRose Park Howard Investments

Crescent Town at 5 Massey Square in East York is a 1,420-suite residential tower completed in 1972 by Rose Park Howard Investments, currently showing three active listings against a 0.2 percent availability rate. The building closed one lease in the trailing 30 days at an average of $2,300 per month with a nine-day time-to-lease, and that single transaction also represents the full 90-day and one-year leasing record.

Active asking rents average $2,160 per month at $2.61 per square foot across 833 square feet of average suite size, compared to the one realized lease at $2,300 per month and $2.42 per square foot over 950 square feet. The current inventory therefore carries a higher rate per square foot than the historical lease despite a lower nominal monthly figure, a gap driven entirely by the more compact footprint of the three available units. Against the East York submarket asking benchmark of $3.08 per square foot, Crescent Town's active rate sits 15.3 percent below the broader market.

Marketing friction is modest: active listings have averaged 26 days on market, well under the submarket benchmark of 38 days, and the single closed lease converted in nine days. Negotiation data across all tracked transactions shows leases closing exactly at asking with zero dollar concession, indicating balanced leverage. Inventory depth is thin—two one-bedroom units offer a small selection while the two-bedroom tier rests on a single listing, leaving renters with limited choice at either tier.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Crescent Town as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units3
+1 (50.0%)
Avg Asking Rent$2,160
-$15 (0.7%)
Avg Suite Size833 sf
-17 sf (2.0%)
Avg Days on Market26d
+6d (28.3%)
Avg Asking $/SF$2.61
+$0.04 (1.4%)

Active Market Insights & Questions

How has rental availability changed at Crescent Town recently?

Crescent Town lists three active units as of August 31, 2026, spanning $1,980 to $2,400 per month with an average asking rent of $2,160 and a median of $2,100. The three suites average 833 square feet at $2.61 per square foot, and the inventory skews toward compact entry-level one-bedroom layouts that represent 66.7 percent of available units, with a single two-bedroom executive option rounding out the selection.

What floor plans and unit layouts are currently available at Crescent Town?

The dominant active layout at Crescent Town is the one-bedroom, with two units representing 66.7 percent of available inventory at an average asking rent of $2,040 per month over 750 square feet and $2.72 per square foot. The two-bedroom tier holds one listing at 33.3 percent share, asking $2,400 per month across 1,000 square feet at $2.40 per square foot, making it a single-unit option with no additional alternatives at that tier.

What is the average asking rent and $/SF by suite size at Crescent Town?

Crescent Town's active asking rents range from a $1,980 entry point to a $2,400 peak, producing a $420 spread or 21.2 percent differential. The median asking rent sits at $2,100 per month. The entry-level suite is a 750-square-foot one-bedroom priced at $2.64 per square foot, while the peak offering is a 1,000-square-foot two-bedroom at $2.40 per square foot, meaning the larger layout actually commands a lower rate per square foot despite the higher absolute rent.

How much extra do parking spaces and dens cost at Crescent Town?

Crescent Town's active den premium and associated square-footage delta cannot be quantified from the current three-unit sample, as no paired den versus non-den transactions exist in the active inventory. Parking stall premiums likewise cannot be reliably isolated; the available data reflects anomalous outliers or an insufficient paired sample, so no specific monthly parking fee can be quoted with confidence.

How do asking rents at Crescent Town compare to local and municipal benchmarks?

Crescent Town's active asking average of $2,160 per month at $2.61 per square foot undercuts the East York submarket asking benchmark of $2,211 per month and $3.08 per square foot by 15.3 percent on a rate basis. The nominal rent gap of $51 per month narrows further once suite size is accounted for, since the building's 833-square-foot average footprint is more compact than the submarket norm, partially offsetting the lower per-square-foot rate. The three active listings represent 3 out of 55 total available units in the East York submarket, or roughly 5.5 percent of the broader inventory pool.

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 Crescent Town (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,300
Avg Leased Size950 sf
Avg Days to Lease9d
Leased $/SF$2.42

Leased Transaction Insights & Questions

How many suites were leased at Crescent Town last month, and how fast did they rent?

Crescent Town at 5 Massey Square recorded a 9-day average DOM on its single August 2026 closing, well below the East York submarket benchmark of 38 days. The 90-day and lifetime figures are identical at one closed lease with a 9-day DOM, confirming this is an individual single transaction rather than a broad statistical benchmark. Leasing turnover at this 1,420-suite property effectively paused outside that one August deal, with zero additional closings in the trailing 30, 90, or 365-day windows.

What is the negotiation spread between asking rents and closed lease prices at Crescent Town?

Crescent Town's sole tracked lease closed at exactly 100% of asking price, with zero dollar variance and no annualized savings or gain for either party. The transaction settled on average at precisely the listed rent of $2,300 per month, reflecting a balanced negotiation dynamic with no landlord concession or tenant premium. With only one closing in the dataset, this at-asking result is an individual single transaction and should not be extrapolated as a market-wide pricing signal.

What are typical executed lease prices across different layouts at Crescent Town?

Crescent Town's only tracked lease was a 2-bedroom suite averaging $2,300 per month at 950 square feet, closing in 9 days. This represents an individual single transaction (one closed lease), not a broad statistical benchmark, so the $2.42 per square foot rate and 9-day DOM should be read as a directional data point rather than an established tier average. No other bedroom tiers recorded closings in the trailing 30, 90, or 365-day windows.

What measurable rent premium did suites with parking achieve in closed leases at Crescent Town?

Crescent Town's leased parking premium cannot be reliably isolated because the dataset contains insufficient paired data to separate parking fees from suite rent. Active listings at the property also show unreliable or outlier parking figures, so no verified monthly parking value can be quoted. Tenants and landlords at this building should treat any parking add-on as a case-by-case negotiation rather than a standardized market rate.

How does the lease-to-listing ratio at Crescent Town reflect current tenant demand?

Crescent Town recorded a flat rent trajectory across its single tracked month, with one August 2026 closing at $2,300 per month and $2.42 per square foot. The 9-day DOM on that deal sits well under the East York submarket average of 38 days, suggesting the unit cleared quickly despite the limited sample. With no spring or early-summer closings in the dataset, a multi-month seasonal curve cannot be constructed from this individual single transaction.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$2,050
Avg Suite Size750 sf
Avg Days on Market47d
Delisted $/SF$2.73

De-Listed Market Analysis & Questions

How many listings de-listed at Crescent Town, and what was their re-listing price compared to previous asking?

Crescent Town logged one delisted listing against one lifetime lease, producing a delisted-to-leased ratio of 100% measured against trailing 30-day volume. The single delisting was a terminated listing; no expired or suspended listings appeared in the dataset. At a 1,420-suite property, even one unrented unit that failed to convert signals a localized pricing or product mismatch worth monitoring.

How do asking prices on de-listed suites compare to executed leases and active listings at Crescent Town?

Crescent Town's delisted unit asked an average of $2,050 per month, which is $250 per month below the realized lease average of $2,300 per month nominally due to a smaller suite footprint. However, the delisted listing carried a rate of $2.73 per square foot versus the realized $2.42 per square foot, demonstrating tenant resistance to high-density pricing on compact units. The 10.9% nominal discount did not translate into a lower per-square-foot ask, indicating the spread is driven by unit size rather than a genuine price concession.

What market friction causes rental listings to stall or de-list at Crescent Town?

Crescent Town's delisted listing sat on the market for an average of 47 days, compared to a 9-day realized lease DOM, producing 38 excess marketing days. Those 38 days equate to roughly 1.27 months of lost rent at the $2,050 asking rate, or approximately $2,594 in foregone revenue, plus ongoing condo maintenance fees during the vacancy carry. The friction is meaningful even at this individual single-transaction scale and underscores the cost of mispriced or mismatched listings in the East York submarket.

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)
2026-05-04121007502.80N/A
2026-05-05121007502.801
2026-05-06121007502.802
2026-05-07222509252.492
2026-05-08222509252.493
2026-05-09222509252.494
2026-05-10222509252.495
2026-05-11222509252.496
2026-05-12222509252.497
2026-05-13222509252.498
2026-05-14222509252.499
2026-05-15222509252.4910
2026-05-16222509252.4911
2026-05-17222509252.4912
2026-05-18222509252.4913
2026-05-19222509252.4914
2026-05-20222509252.4915
2026-05-21222509252.4916
2026-05-22222509252.4917
2026-05-23222509252.4918
2026-05-24222509252.4919
2026-05-25222509252.4920
2026-05-26222509252.4921
2026-05-27222509252.4922
2026-05-28222509252.4923
2026-05-29222509252.4924
2026-05-30222509252.4925
2026-05-31222509252.4926
2026-06-01222509252.4927
2026-06-02222509252.4928
2026-06-03222509252.4929
2026-06-04222509252.4930
2026-06-05222509252.4931
2026-06-06222509252.4932
2026-06-07222509252.4933
2026-06-08222509252.4934
2026-06-09222509252.4935
2026-06-10222509252.4936
2026-06-11222509252.4937
2026-06-12222509252.4938
2026-06-13222509252.4939
2026-06-14222509252.4940
2026-06-15222509252.4941
2026-06-16121007502.8043
2026-06-17121007502.8044
2026-06-18121007502.8045
2026-06-19121007502.8046
2026-06-20121007502.8047
2026-06-21121007502.8048
2026-06-22121007502.8049
2026-06-23120507502.73N/A
2026-06-24120507502.731
2026-06-25120507502.732
2026-06-26120507502.733
2026-06-27120507502.734
2026-06-28120507502.735
2026-06-29120507502.736
2026-06-30221759252.414
2026-07-01221759252.415
2026-07-02221759252.416
2026-07-03221759252.417
2026-07-04221759252.418
2026-07-05221759252.419
2026-07-06221759252.4110
2026-07-07221759252.4111
2026-07-08221759252.4112
2026-07-09120507502.7316
2026-07-10120507502.7317
2026-07-11120507502.7318
2026-07-12120507502.7319
2026-07-13120507502.7320
2026-07-14120507502.7321
2026-07-15120507502.7322
2026-07-16120507502.7323
2026-07-17120507502.7324
2026-07-18120507502.7325
2026-07-19120507502.7326
2026-07-20120507502.7327
2026-07-21120507502.7328
2026-07-22120507502.7329
2026-07-23120507502.7330
2026-07-24120507502.7331
2026-07-25120507502.7332
2026-07-26120507502.7333
2026-07-27120507502.7334
2026-07-28120507502.7335
2026-07-29221758502.5818
2026-07-30221758502.5819
2026-07-31221758502.5820
2026-08-01221758502.5821
2026-08-02221758502.5822
2026-08-03321508172.6515
2026-08-04422138632.5912
2026-08-05422138632.5913
2026-08-06422138632.5914
2026-08-07321838332.6417
2026-08-08321838332.6418
2026-08-09321608332.614
2026-08-10321608332.615
2026-08-11321608332.616
2026-08-12321608332.617
2026-08-13321608332.618
2026-08-14321608332.619
2026-08-15321608332.6110
2026-08-16321608332.6111
2026-08-17321608332.6112
2026-08-18321608332.6113
2026-08-19321608332.6114
2026-08-20321608332.6115
2026-08-21321608332.6116
2026-08-22321608332.6117
2026-08-23321608332.6118
2026-08-24321608332.6119
2026-08-25321608332.6120
2026-08-26321608332.6121
2026-08-27321608332.6122
2026-08-28321608332.6123
2026-08-29321608332.6124
2026-08-30321608332.6125
2026-08-31321608332.6126

12-Month Market Dynamics & Trend Trajectory

Crescent Town's realized rent of $2,300 per month sits $28 above the East York submarket average of $2,272 per month, a modest 1.2% premium. On a rate-per-square-foot basis, however, the building's $2.42 per square foot trails the submarket leased average of $3.34 per square foot by 27.5%, meaning tenants at 5 Massey Square are paying a slightly higher nominal rent for a larger 950-square-foot footprint rather than a denser, higher-yield product. The building's 9-day DOM also undercuts the submarket's 38-day benchmark by 76%, pointing to strong absorption when pricing aligns with suite size. Pricing discipline at Crescent Town was neutral in the tracked period: the single lease closed at exactly 100% of asking with zero dollar variance and no annualized concession or premium. No leases closed below asking, so there is no measurable landlord discount pattern to flag. With only one transaction in the dataset, this balanced outcome is an individual single data point and does not establish a repeatable negotiation trend for the broader East York market.

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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.

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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)
2026-08-02123009502.429

Nearby Building Rental Comparables & Price Spreads

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

Crescent Town at 5 Massey Square competes against four registered buildings within a 0.8-kilometer radius in East York, split between three active peers and one zero-transaction reference. The active set includes 757 Victoria Park Avenue (757 Victoria Park Avenue, 0.53 km, completed 1983) with three closed leases over the trailing 180 days, Bela Square (100 Eastdale Avenue, 0.71 km, completed 2025) with two closed leases, and 99 Coleman (99 Coleman Ave, 0.79 km, completed 1991) with one closed lease. Goodland Gardens Apartments (75 Eastdale Avenue, 0.61 km, completed 1974) recorded zero lease transactions in the same window and serves purely as an architectural and amenity reference rather than an active pricing benchmark. The structural generations span from Crescent Town's 1972 construction through the mid-1980s (757 Victoria Park), the early 1990s (99 Coleman), to Bela Square's 2025 delivery, creating a roughly five-decade spread in building age and design philosophy across this immediate pocket. The four-building comp set posts an overall average realized rent of $2,544 per month, an average rate of $3.60 per square foot, and an average suite size of 778 square feet. Crescent Town's single recorded lease at $2,300 per month and $2.42 per square foot for a 950-square-foot unit sits below the comp average on both rent and rate while exceeding the average footprint by 172 square feet. Against the East York submarket benchmark of $2,272 average lease rent and $3.34 per square foot, the subject's realized rate undercuts the broader submarket by roughly 27 percent on a per-square-foot basis, positioning it as a value-oriented, large-format residential option within a pocket where most active alternatives trade at meaningfully higher rates for comparable or smaller interiors.

757 Victoria Park Avenue, Toronto

Avg Asking$2,638/mo
Avg $/SF$2.89
Rent Spread:
+$478/mo (+22.1%) Higher

4 Park Vista, East York

Avg Asking$2,140/mo
Avg $/SF$2.56
Rent Spread:
-$20/mo (-0.9%) Lower

75 Eastdale Avenue, East York

Avg Asking$2,419/mo
Avg $/SF$2.76
Rent Spread:
+$259/mo (+12.0%) Higher

100 Eastdale Avenue, East York

Avg Asking$2,003/mo
Avg $/SF$5.01
Rent Spread:
-$157/mo (-7.3%) Lower

99 Coleman Ave, Toronto

Avg Asking$2,950/mo
Avg $/SF$3.11
Rent Spread:
+$790/mo (+36.6%) Higher

500 Dawes Road, East York

Avg Asking$1,772/mo
Avg $/SF$3.18
Rent Spread:
-$388/mo (-18.0%) Lower

Comparable Analysis & Questions

How do rental rates at Crescent Town compare to neighbouring buildings within East York?

Crescent Town's average realized lease rent of $2,300 per month undercuts the four-building comp benchmark of $2,544 by $244, with the spread driven primarily by two higher-renting peers. 757 Victoria Park Avenue (757 Victoria Park Avenue, 0.53 km away) closed three leases at an average of $2,733 per month, $2.81 per square foot, and 983 square feet, placing the subject $433 below that comp on a monthly basis. 99 Coleman (99 Coleman Ave, 0.79 km) recorded one lease at $2,950 per month, $3.11 per square foot, and 950 square feet, leaving the subject $650 lower in nominal rent. Bela Square (100 Eastdale Avenue, 0.71 km) closed two leases at $1,950 per month, $4.88 per square foot, and 400 square feet, meaning the subject commands a $350 higher monthly rent despite the comp's compact footprint. Goodland Gardens Apartments (75 Eastdale Avenue, 0.61 km) recorded zero closed leases over the trailing 180 days and therefore offers no realized rent benchmark for direct comparison.

Does Crescent Town offer a competitive price-per-square-foot ($/SF) against local comparables?

Crescent Town offers a 950-square-foot interior at $2.42 per square foot, trading at a discount below every active nearby alternative on a rate-per-square-foot basis while matching or exceeding their footprint. Against 757 Victoria Park Avenue (0.53 km, three closed leases), the subject trades at a $0.39 per square foot (13.9 percent) discount and provides 33 fewer interior square feet, so the lower nominal rent of $433 reflects both a modestly smaller suite and a more competitive rate. Versus 99 Coleman (0.79 km, one closed lease), the subject offers identical 950-square-foot interiors but at a $0.69 per square foot (22.2 percent) discount, translating to a $650 lower monthly rent purely on rate rather than space. The sharpest trade-off appears with Bela Square (0.71 km, two closed leases): the subject commands a $350 higher monthly rent yet trades at a $2.46 per square foot (50.4 percent) discount because it provides 550 more interior square feet, meaning the nominal rent variance is driven entirely by the larger footprint rather than a higher asset valuation per unit of space.

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

Crescent Town fields one of the most comprehensive lifestyle packages in this East York pocket, pairing an indoor pool, hot tub, sauna, and steam room with a basketball court, tennis and pickleball court, squash and racquetball court, day care, and a jogging track—facilities that no single nearby competitor replicates in full. Against 757 Victoria Park Avenue (0.53 km), the subject adds dedicated court sports (basketball, tennis/pickleball, squash/racquetball) and on-site day care that the comp lacks, while the comp counters with a rooftop terrace, garden courtyard, library, woodworking room, and pet wash station absent from Crescent Town. Bela Square (0.71 km) differentiates through an outdoor pool, EV charging, a yoga studio, a media and theatre room, a children's playground, a dog run, and a TRX boxing room, none of which appear in the subject's roster, though the subject's indoor aquatic and court-sport facilities remain unmatched in this set. 99 Coleman (0.79 km) offers only a BBQ area, rooftop terrace, and concierge, making the subject's 15-amenity profile a stark contrast. Goodland Gardens Apartments (0.61 km) lists just concierge, shared laundry, a gym, and a party room, reinforcing the subject's position as the amenity anchor of the group. This lifestyle package best serves families and active professionals who prioritize on-site recreation, aquatic wellness, and child-care convenience within a single residential address rather than splitting amenities across multiple destinations.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Crescent Town.

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Crescent Town.

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.