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Market Data as of August 31, 2026

Triomphe at Northtown I — Rental Market Data

5 Northtown Way, North York, Ontario M2N 7A1
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,300

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2002
Total Suites339
DeveloperTridel

Triomphe at Northtown I at 5 Northtown Way in North York City Centre is a 339-suite, Tridel-developed tower completed in 2002, currently showing just one active listing out of 216 available units across the submarket, translating to a 0.3 percent availability rate. The building's recent leasing pace reflects modest turnover: one closed lease in the trailing 30 days at an average of $2,700 per month with 53 days on market, and eight closed leases over the past 90 days averaging $2,691 per month with a 23-day marketing window.

The single active listing asks $2,300 per month for a 550-square-foot one-bedroom, yielding an asking rate of $4.18 per square foot. That rate per square foot sits 8.9 percent above the North York City Centre submarket asking benchmark of $3.84 per square foot, even though the nominal monthly rent is $453 below the submarket average of $2,753. The discrepancy resolves through footprint: the active suite at 550 square feet is substantially more compact than the 923-square-foot average realized in historical leases, which closed at $3.01 per square foot all-time and $2.88 per square foot over the trailing 90 days. Current inventory therefore skews toward a smaller, entry-level layout compared to the two-bedroom suites that dominated past leasing activity.

Marketing friction is mild but present: the active listing's 30 days on market slightly exceeds the submarket average of 25 days, signaling a modest leasing deceleration despite zero delisted or expired units in the tracking period. Tenant leverage remains measurable across all 11 tracked closed leases, where 45.5 percent of transactions closed below asking for an average concession of $68 per month, or 2.31 percent, equating to roughly $816 in annual savings. With only one unit available and no multi-bedroom options on the market, renters seeking larger layouts at this address must look to the broader North York City Centre inventory of 216 active listings.

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Active Rental Inventory & Asking Rates

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

Active Units1
0
Avg Asking Rent$2,300
-$700 (23.3%)
Avg Suite Size550 sf
-300 sf (35.3%)
Avg Days on Market30d
-2d (6.3%)
Avg Asking $/SF$4.18
+$0.65 (18.5%)

Active Market Insights & Questions

How has rental availability changed at Triomphe at Northtown I recently?

Triomphe at Northtown I carries one active listing as of August 31, 2026, asking $2,300 per month with a median of $2,300 and a range that collapses to a single point given the lone unit. The listing spans 550 square feet at $4.18 per square foot, and the 100 percent one-bedroom composition means all current availability sits in the compact entry-level tier rather than multi-bedroom executive layouts. Historical leasing data shows the building's realized inventory averaged 923 square feet, indicating a pronounced shift toward smaller footprints in the current active listing relative to past closed deals.

What floor plans and unit layouts are currently available at Triomphe at Northtown I?

The sole active layout at Triomphe at Northtown I is a one-bedroom unit, representing 100 percent of available inventory as a single listing. That one unit asks $2,300 per month across 550 square feet, pricing out to $4.18 per square foot, with no two-bedroom or larger tiers currently on the market. Renters seeking multi-bedroom options at this address will find zero active listings and must turn to the wider North York City Centre submarket for comparable inventory.

What is the average asking rent and $/SF by suite size at Triomphe at Northtown I?

Triomphe at Northtown I's active pricing spread is effectively zero, with both the minimum and maximum asking rent set at $2,300 per month, a dollar spread of $0 and a percentage spread of 0 percent. The entry-level suite is a one-bedroom at 550 square feet priced at $4.18 per square foot, and because only one unit is listed, the peak asking rent mirrors the minimum exactly. With a single active listing, there is no internal price gradient for renters to navigate within this building.

How much extra do parking spaces and dens cost at Triomphe at Northtown I?

Triomphe at Northtown I cannot currently quantify an active den premium in dollar terms or square-footage delta, as the single available listing does not provide a paired comparison to isolate marginal den costs. Parking stall premiums likewise cannot be reliably isolated from the available data, and no verified monthly parking add-on figure can be quoted for this building's active inventory. Renters should request itemized parking and den pricing directly from the leasing office before committing to a lease.

How do asking rents at Triomphe at Northtown I compare to local and municipal benchmarks?

Triomphe at Northtown I's active asking rent of $2,300 per month sits $453 below the North York City Centre submarket average of $2,753, yet its asking rate of $4.18 per square foot runs 8.9 percent above the submarket benchmark of $3.84 per square foot. The nominal rent advantage is entirely a function of the 550-square-foot suite being far more compact than the submarket's typical listing footprint, which pushes the per-square-foot rate higher despite the lower monthly figure. The building represents 1 out of 216 active listings in the North York City Centre submarket, a 0.5 percent share 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 Triomphe at Northtown I (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,700
Avg Leased Size923 sf
Avg Days to Lease53d
Leased $/SF$3.18

Leased Transaction Insights & Questions

How many suites were leased at Triomphe at Northtown I last month, and how fast did they rent?

Triomphe at Northtown I closed one lease in the trailing 30 days at a 53-day DOM, compared to a 23-day average across the 90-day window and a 25-day submarket benchmark. Over the full trailing year, the building recorded 11 closed leases, with 8 of those landing in the most recent 90 days, signaling a clear acceleration in leasing cadence heading into summer. The single 30-day closing at 53 days on market sits well above the submarket norm, suggesting that recent turnover has slowed rather than paused, with the one active listing still working through its marketing cycle.

What is the negotiation spread between asking rents and closed lease prices at Triomphe at Northtown I?

Triomphe at Northtown I tenants negotiated an average discount of $68 per month (2.31% below asking), translating to $816 in annual savings per unit across tracked leases. Forty-five and a half percent of all closed leases settled under the listed asking price, confirming consistent tenant leverage and landlord concession in this submarket. This pattern reflects a buyer's-market dynamic where landlords absorbed modest pricing pushback to secure occupancy rather than hold firm on initial asking levels.

What are typical executed lease prices across different layouts at Triomphe at Northtown I?

The 2-Bedroom layout dominates Triomphe at Northtown I's lease volume with 7 closings averaging $3,040 per month and a 22-day DOM, while the 1-Bedroom tier accounts for 3 leases at an average of $1,883 per month over 29 days on market. The 2-Bedroom cohort (moderate sample of 7) shows a median of $3,000, a P25–P75 range of $2,915 to $3,125, an average footprint of 1,000 square feet at $3.07 per square foot. The 1-Bedroom tier (small sample of 3, directional reference only) carries a median of $2,150, a P25–P75 range of $1,725 to $2,175, an average size of 767 square feet at $2.83 per square foot. The single 1-Bedroom + Den closing at $2,700 per month over 53 days represents an individual transaction rather than a broad statistical benchmark, covering 850 square feet at $3.18 per square foot.

What measurable rent premium did suites with parking achieve in closed leases at Triomphe at Northtown I?

Triomphe at Northtown I does not carry a verified leased parking premium, as paired lease-to-parking data remains insufficient to isolate a reliable monthly figure. The active listing's parking status is flagged as unreliable due to anomalous outliers or an insufficient paired sample, so no parking dollar value can be responsibly quoted. Tenants in this building should treat parking costs as a separate negotiation item rather than a bundled, market-verified component of the suite rent.

How does the lease-to-listing ratio at Triomphe at Northtown I reflect current tenant demand?

Triomphe at Northtown I's tracked monthly timeline from April through August 2026 shows rents oscillating between $2,550 and $3,000 per month with no sustained directional drift. April opened with one lease at $3,000 per month ($2.73 per square foot, 53 DOM). May brought two closings at $2,550 per month; the lower nominal rent reflects compact suite footprints rather than property devaluation, as the rate per square foot actually climbed to $3.69 over 28 days. June was the volume peak with four leases averaging $2,758 per month ($3.19 per square foot) and the fastest absorption at 15 days on market. July recorded three closings at $2,600 per month ($2.36 per square foot, 24 DOM), where the lower rate per square foot points to larger average footprints in that cohort. August closed with a single lease at $2,700 per month ($3.18 per square foot) after 53 days on market, mirroring April's slower turnover.

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)
2026-04-27231509753.2620
2026-04-28231509753.2621
2026-04-29330929503.2815
2026-04-30330929503.2816
2026-05-01330929503.2817
2026-05-02330929503.2818
2026-05-03330929503.2819
2026-05-04330929503.2820
2026-05-05330929503.2821
2026-05-06330929503.2822
2026-05-07330929503.2823
2026-05-08330929503.2824
2026-05-09330929503.2825
2026-05-10330929503.2826
2026-05-11330929503.2827
2026-05-12528258403.4217
2026-05-13528258403.4218
2026-05-14528258403.4219
2026-05-15627388083.4416
2026-05-16627388083.4417
2026-05-17627388083.4418
2026-05-18627388083.4419
2026-05-19526858003.4317
2026-05-20526858003.4318
2026-05-21526858003.4319
2026-05-22526858003.4320
2026-05-23526858003.4321
2026-05-24526858003.4322
2026-05-25526858003.4323
2026-05-26526858003.4324
2026-05-27522858003.0614
2026-05-28522858003.0615
2026-05-29423198632.8516
2026-05-30423198632.8517
2026-05-31423198632.8518
2026-06-01423198632.8519
2026-06-02321928832.6819
2026-06-03423649002.7615
2026-06-04423649002.7616
2026-06-05321928832.6822
2026-06-06321928832.6823
2026-06-07321928832.6824
2026-06-08321928832.6825
2026-06-09321928832.6826
2026-06-10321928832.6827
2026-06-11321928832.6828
2026-06-12321928832.6829
2026-06-13321928832.6830
2026-06-14321928832.6831
2026-06-15321928832.6832
2026-06-16321928832.6833
2026-06-172213810002.2435
2026-06-182213810002.2436
2026-06-192213810002.2437
2026-06-202213810002.2438
2026-06-212213810002.2439
2026-06-223250810332.4827
2026-06-233250810332.4828
2026-06-243250810332.4829
2026-06-253250810332.4830
2026-06-262213810002.2444
2026-06-272213810002.2445
2026-06-282213810002.2446
2026-06-295277510102.8019
2026-06-305277510102.8020
2026-07-015277510102.8021
2026-07-02431449883.2118
2026-07-03431449883.2119
2026-07-04431449883.2120
2026-07-05431449883.2121
2026-07-06431449883.2122
2026-07-073320010173.188
2026-07-083320010173.189
2026-07-093320010173.1810
2026-07-103320010173.1811
2026-07-113320010173.1812
2026-07-123320010173.1813
2026-07-13230509753.1714
2026-07-14230509753.1715
2026-07-15230509753.1716
2026-07-16230509753.1717
2026-07-17230509753.1718
2026-07-18230509753.1719
2026-07-19230509753.1720
2026-07-20230509753.1721
2026-07-21230509753.1722
2026-07-22130008503.5323
2026-07-23130008503.5324
2026-07-24130008503.5325
2026-07-25130008503.5326
2026-07-26130008503.5327
2026-07-27130008503.5328
2026-07-28130008503.5329
2026-07-29130008503.5330
2026-07-30130008503.5331
2026-07-31130008503.5332
2026-08-01226507003.8617
2026-08-02226507003.8618
2026-08-03226507003.8619
2026-08-04226507003.8620
2026-08-05226507003.8621
2026-08-06226507003.8622
2026-08-07226507003.8623
2026-08-08226507003.8624
2026-08-09226507003.8625
2026-08-10226507003.8626
2026-08-11226507003.8627
2026-08-12226507003.8628
2026-08-13226507003.8629
2026-08-14226507003.8630
2026-08-15226507003.8631
2026-08-16226507003.8632
2026-08-17226507003.8633
2026-08-18226507003.8634
2026-08-19226507003.8635
2026-08-20226507003.8636
2026-08-21123005504.1820
2026-08-22123005504.1821
2026-08-23123005504.1822
2026-08-24123005504.1823
2026-08-25123005504.1824
2026-08-26123005504.1825
2026-08-27123005504.1826
2026-08-28123005504.1827
2026-08-29123005504.1828
2026-08-30123005504.1829
2026-08-31123005504.1830

12-Month Market Dynamics & Trend Trajectory

Triomphe at Northtown I clears at an average of $2,694 per month and $3.01 per square foot, positioning the building $54 above the North York City Centre submarket lease average of $2,640 but 23.2 percent below the submarket's $3.75 per square foot benchmark. This spread indicates the building offers a modest rent premium in absolute dollars while delivering a meaningfully more competitive rate per square foot, a combination that appeals to tenants prioritizing space efficiency over headline price. On pricing discipline, 45.5 percent of tracked leases closed below asking, with tenants securing an average $68 per month (2.31 percent) discount that annualizes to $816 in savings per unit. The net negotiation spread of negative $68 confirms a tenant-favorable dynamic where landlords consistently conceded on final pricing rather than holding at listed rates. This concession pattern, combined with the building's below-submarket rate per square foot, suggests landlords at Triomphe at Northtown I are trading a small margin to maintain occupancy in a submarket where 216 active listings compete for the same tenant pool.

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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)
2026-05-17129508503.4738
2026-05-24121505503.9117
2026-05-31227908753.2012
2026-06-070N/AN/AN/AN/A
2026-06-14122006503.3833
2026-06-211325011002.954
2026-06-281130011001.1836
2026-07-050N/AN/AN/AN/A
2026-07-121350011003.1814
2026-07-191300011002.7323
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-16127008503.1853

Nearby Building Rental Comparables & Price Spreads

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

Triomphe at Northtown I at 5 Northtown Way sits in a tightly clustered competitive pocket of four nearby buildings, all within 130 metres. The two highest-volume peers are Triomphe at Northtown II at 15 Northtown Way (80 metres, completed 2003, 20 closed leases over the trailing 180 days) and Grand Triomphe I at 10 Northtown Way (130 metres, completed 2005, 22 closed leases). Two additional competitors recorded limited transaction activity: Parkside at Northtown at 880 Grandview Way (100 metres, completed 2004, 2 closed leases) and Grandview at Northtown at 88 Grandview Way (120 metres, completed 1996, 2 closed leases). The four buildings span a nine-year construction window from 1996 to 2005, with the subject occupying the earliest slot among the Tridel-branded Northtown cluster and the oldest position overall when measured against Grandview at Northtown. Across the four comparables, the blended benchmark averages $3,095 per month in realized rent, $3.27 per square foot, and 984 square feet of interior space. Triomphe at Northtown I's all-time leased average of $2,694 per month and $3.01 per square foot places it below the comp-set mean on both rate metrics, while its 923-square-foot average suite footprint falls 61 square feet short of the comp average. The subject's 339-suite scale and 2002 completion year position it as a mid-generation asset in this pocket—newer than Grandview at Northtown but older than the three 2003-to-2005 peers—giving it a value proposition anchored in larger-than-average suite sizes relative to the two highest-volume competitors rather than in rate leadership.

15 Northtown Way, North York

Avg Asking$2,609/mo
Avg $/SF$3.65
Rent Spread:
+$309/mo (+13.4%) Higher

880 Grandview Way, North York

Avg Asking$4,050/mo
Avg $/SF$6.09
Rent Spread:
+$1,750/mo (+76.1%) Higher

88 Grandview Way, North York

Avg Asking$3,140/mo
Avg $/SF$3.17
Rent Spread:
+$840/mo (+36.5%) Higher

10 Northtown Way, North York

Avg Asking$2,760/mo
Avg $/SF$3.46
Rent Spread:
+$460/mo (+20.0%) Higher

5418 Yonge St, North York

Avg Asking$2,958/mo
Avg $/SF$3.05
Rent Spread:
+$658/mo (+28.6%) Higher

8 McKee Ave, North York

Avg Asking$4,000/mo
Avg $/SF$3.06
Rent Spread:
+$1,700/mo (+73.9%) Higher

Comparable Analysis & Questions

How do rental rates at Triomphe at Northtown I compare to neighbouring buildings within North York City Centre?

Triomphe at Northtown I's average realized lease rent of $2,694 per month sits $401 below the four-comp benchmark of $3,095, with the gap driven primarily by the two larger-footprint competitors at Parkside at Northtown and Grandview at Northtown. Triomphe at Northtown II (15 Northtown Way, 80 metres, 20 closed leases) averaged $2,559 per month at $3.66 per square foot across 713-square-foot suites, meaning the subject commands a $135-per-month higher rent than this closest peer. Grand Triomphe I (10 Northtown Way, 130 metres, 22 closed leases) averaged $2,671 per month at $3.53 per square foot over 771 square feet, placing the subject $23 above that benchmark. Parkside at Northtown (880 Grandview Way, 100 metres, 2 closed leases) recorded an average of $3,950 per month at $2.83 per square foot across 1,400-square-foot units, so the subject trades at a $1,256-per-month lower rent. Grandview at Northtown (88 Grandview Way, 120 metres, 2 closed leases) averaged $3,200 per month at $3.05 per square foot over 1,050 square feet, leaving the subject $506 below that figure. All four comparables recorded at least two closed leases in the trailing 180-day window, so each provides an active pricing reference rather than a zero-transaction architectural benchmark.

Does Triomphe at Northtown I offer a competitive price-per-square-foot ($/SF) against local comparables?

Triomphe at Northtown I leases at $3.01 per square foot across an average 923-square-foot suite, which is a $0.26-per-square-foot discount to the four-comp average of $3.27 and 61 square feet smaller than the comp mean of 984 square feet. Against Triomphe at Northtown II, the subject trades at a $0.65-per-square-foot (17.8%) discount while providing 210 more interior square feet, so the lower rate per square foot is offset by a meaningfully larger footprint that keeps the total monthly rent $135 higher. Grand Triomphe I shows a similar pattern: the subject offers a $0.52-per-square-foot (14.7%) discount and 152 additional square feet, yet still realizes $23 more per month in nominal rent. The trade-off reverses with Parkside at Northtown, where the subject commands a $0.18-per-square-foot (6.4%) premium but delivers 477 fewer square feet, explaining why the total rent is $1,256 lower—the compact footprint, not a weaker asset valuation, drives the nominal gap. Grandview at Northtown presents the tightest spread: the subject trades at a modest $0.04-per-square-foot (1.3%) discount with 127 fewer square feet, resulting in a $506-per-month lower total rent that reflects the smaller interior area rather than a rate disadvantage.

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

Triomphe at Northtown I fields a 14-item amenity suite that includes an indoor pool, hot tub and jacuzzi, tennis and pickleball court, golf simulator, bowling alley, putting green, dining room and kitchen, and garden courtyard—features that collectively set it apart from every one of its four nearby competitors. Triomphe at Northtown II and Grand Triomphe I both offer rooftop terraces, BBQ areas, and media or theatre rooms that the subject does not carry, while Parkside at Northtown and Grandview at Northtown each include a car wash bay, and Parkside adds a pet wash station, none of which appear in the subject's package. The subject's signature differentiators—the tennis and pickleball court, golf simulator, bowling alley, putting green, and dedicated dining room and kitchen—create a sport-and-entertainment lifestyle theme that no single competitor replicates in full. This amenity mix best serves active professionals and small families who prioritize on-site recreation, social dining, and multi-sport facilities over rooftop lounging or pet-care services, positioning the building as a lifestyle-forward alternative within the Northtown cluster.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Triomphe at Northtown I.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Tennis & Pickleball Court
  • Golf Simulator
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • Garden & Courtyard
  • Bowling Alley
  • Putting Green

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Triomphe at Northtown I.

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.