Market Data as of August 31, 2026
50 Baif — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
50 Baif, located at 50 Baif Blvd in the Richmond Hill neighborhood, is an established residential building completed in 1977 featuring 156 total suites. There are zero units currently available for rent across the entire property, resulting in a zero percent availability rate as of August 2026. Leasing pace data over the 90-day period registers zero closed transactions with an average days on market of zero, alongside a 30-day closed count of zero with an average days on market of zero.
Active asking rent and rate per square foot metrics cannot be calculated for 50 Baif because the active listing count is zero, contrasting with realized lease benchmarks across the broader Richmond Hill submarket asking average of $2,800 per month and $3.82 per square foot. Without current listings, no nominal or square-foot pricing variances can be established against active submarket benchmarks.
Prospective renters face total inventory scarcity across all bedroom configurations at 50 Baif, requiring a focus on broader neighborhood availability as no units are currently listed for rent.
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Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
50 Baif operates within an established Richmond Hill cluster surrounded by direct competitors that include Hillcrest Gate I at 5 Weldrick Rd W (0.12 km away, completed in 1987 with 0 active listings), 40 Baif Blvd (0.12 km away, completed in 1979 with 1 active listing), 70 Baif Blvd (0.13 km away, completed in 1977 with 0 active listings), and Hillcrest Gate II at 20 Baif Blvd (0.18 km away, completed in 1988 with 0 active listings). These mature residential towers share a localized structural generation defined by generous multi-bedroom layouts and robust concrete construction from the late 1970s through the late 1980s. The competitive set registers an overall comp average rent of $3,000 per month, an average rate of $2.73 per square foot, and an average suite size of 1,100 square feet. 50 Baif aligns directly with these baseline micro-market benchmarks, offering identical square footage and square foot pricing parity to its immediate neighbors while anchoring value in its established, highly walkable Richmond Hill location.
Comparable Analysis & Questions
How do rental rates at 50 Baif compare to neighbouring buildings within Richmond Hill?
50 Baif compares against an overall competitive average rent of $3,000 per month across its immediate micro-market bench. Individual competitor tracking shows 40 Baif Blvd reporting an average lease rent of $3,000 per month at $2.73 per square foot across an average of 1,100 square feet. Meanwhile, Hillcrest Gate I at 5 Weldrick Rd W, 70 Baif Blvd, and Hillcrest Gate II at 20 Baif Blvd currently maintain zero active lease transactions in the reporting period, reflecting tight inventory retention across the Baif corridor.
Does 50 Baif offer a competitive price-per-square-foot ($/SF) against local comparables?
50 Baif establishes its value proposition by trading at $2.73 per square foot across an average suite size of 1,100 square feet, matching the submarket's established comp average. Renters at the property weigh the advantage of sprawling, functional 1,100-square-foot footprints against newer, more compact builds that often command higher rates per square foot despite offering less overall volume.
How do building age, amenities, and developer reputation impact rent spreads?
50 Baif delivers a comprehensive lifestyle and amenity profile that closely matches or exceeds its immediate neighbours in the Baif corridor. The property features 8 signature amenities including Concierge & Security, Car Wash Bay, Gym & Fitness Centre, Outdoor Pool, Sauna & Steam Room, Party & Lounge Room, Meeting Room, and Games & Billiards Room. When contrasted against nearby alternatives, 50 Baif matches the pool and fitness offerings found at Hillcrest Gate I, 40 Baif Blvd, 70 Baif Blvd, and Hillcrest Gate II, while outfitting residents with valuable practical extras like a dedicated car wash bay that distinguish it from standard historical builds, serving mature households and families seeking robust shared recreational infrastructure.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around 50 Baif.
Building Amenities
- Concierge & Security
- Car Wash Bay
- Gym & Fitness Centre
- Outdoor Pool
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
Residential Buildings in the Vicinity
- 40 Baif119 m
- Hillcrest Gate I119 m
- 70 Baif128 m
- Hillcrest Gate II181 m
- Grand Palace - Building C250 m
- Xpression - North Tower295 m
- Grand Palace - B295 m
- Xpression - South Tower298 m
- Grand Palace - A350 m
- Observatory Place I402 m
- Observatory Place II427 m
- Gibraltar of Richmond Hill560 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for 50 Baif.
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.