Market Data as of August 31, 2026
Gramercy Park — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Gramercy Park at 525 Wilson Avenue in North York's Downsview submarket is a 511-suite residential tower completed in 2013 by Malibu Investments Inc. As of August 31, 2026, two units are actively listed for rent, representing a 0.4 percent availability rate across the building. Leasing activity remains steady, with three closed leases in the past 30 days averaging 10 days on market and twelve leases in the trailing 90 days averaging 23 days on market.
Active asking rents average $2,625 per month at $3.42 per square foot across a 776-square-foot average suite, compared to realized 90-day leases that averaged $2,358 per month at $3.87 per square foot. The lower per-square-foot rate on current listings reflects larger suite footprints rather than cheaper unit pricing, as the average active listing is roughly 110 square feet bigger than the historical lease average of 666 square feet. Against the Downsview submarket asking benchmark of $3.87 per square foot, Gramercy Park's active inventory trades at an 11.6 percent discount on a rate-per-square-foot basis.
Marketing friction is minimal: the three 30-day leases closed in an average of 10 days, and tenants negotiated an average discount of $65 per month, with 61.5 percent of recent leases closing at or below asking rent. No units were delisted during the tracking period, indicating that landlords are pricing at or near realized market levels. Active inventory is split evenly between a single 1-Bedroom + Den unit and a single 2-Bedroom unit, meaning renters face one-option scarcity in each layout tier rather than a competitive selection.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Gramercy Park as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Gramercy Park recently?
Gramercy Park holds two active listings as of August 31, 2026, with asking rents ranging from $2,300 to $2,950 per month, an average of $2,625 and a median of $2,625. The average suite measures 776 square feet at an asking rate of $3.42 per square foot. Inventory is evenly divided between a 1-Bedroom + Den and a 2-Bedroom unit, so the current mix spans compact entry-level and multi-bedroom executive layouts in equal measure rather than leaning toward either extreme.
What floor plans and unit layouts are currently available at Gramercy Park?
The dominant active layout at Gramercy Park is the 1-Bedroom + Den, with one unit representing 50 percent of available inventory. The 1-Bedroom + Den is listed at $2,300 per month across 635 square feet at $3.62 per square foot, while the 2-Bedroom unit asks $2,950 per month across 917 square feet at $3.22 per square foot. Both tiers carry a single listing each, so renters in either configuration face a one-unit choice with no alternative options to compare.
What is the average asking rent and $/SF by suite size at Gramercy Park?
Gramercy Park's two active listings span a $650 spread from a minimum entry rent of $2,300 to a peak asking rent of $2,950 per month, a 28.3 percent range. The median asking rent sits at $2,625 per month. The entry-level suite is a 1-Bedroom + Den measuring 635 square feet at $3.62 per square foot, while the peak listing is a 2-Bedroom unit of 917 square feet priced at $3.22 per square foot, meaning the larger layout actually commands a lower rate per square foot despite the higher monthly outlay.
How much extra do parking spaces and dens cost at Gramercy Park?
Gramercy Park's active den premium and square-footage delta cannot be quantified from the current two-unit sample, as no paired den versus non-den comparison exists in the live inventory. Marginal cost per square foot for additional den space is therefore unmeasurable at this time. On parking, active premiums cannot be reliably isolated from current listings due to an insufficient paired sample, though verified historical leases at the building established a $100 per month parking stall benchmark.
How do asking rents at Gramercy Park compare to local and municipal benchmarks?
Gramercy Park's active asking rent of $2,625 per month exceeds the Downsview submarket average of $2,472, yet the building's rate of $3.42 per square foot sits 11.6 percent below the submarket asking benchmark of $3.87 per square foot. The higher nominal monthly rent is driven entirely by larger suite sizing rather than premium unit pricing, as the average active listing at 776 square feet is substantially bigger than the submarket norm. Gramercy Park's two listings represent approximately 2 percent of the 97 active units currently available across the Downsview submarket.
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 Gramercy Park (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Gramercy Park last month, and how fast did they rent?
Gramercy Park at 525 Wilson Ave closed leases in 10 days on average over the trailing 30 days, compared to 23 days over 90 days and a lifetime average of 25 days, all well under the Downsview submarket benchmark of 27 days. The building logged 3 closed leases in the last 30 days, 12 in the last 90 days, and 13 over the full tracked year, indicating leasing turnover accelerated sharply into late summer after a quiet spring. The jump from a 23-day to a 10-day average DOM signals that recent demand outpaced the earlier pace of the season.
What is the negotiation spread between asking rents and closed lease prices at Gramercy Park?
Gramercy Park tenants negotiated an average discount of $65 per month (2.31% below asking), saving them $780 per year in annualized concessions. 61.5% of all closed leases settled under the listed asking price, confirming consistent tenant leverage across the portfolio. Landlords at this building are conceding on price rather than holding firm, a pattern that reflects soft demand relative to the Downsview submarket average of $2,383 per month.
What are typical executed lease prices across different layouts at Gramercy Park?
The 1-Bedroom + Den is the anchor layout at Gramercy Park, averaging $2,306 per month with a 27-day DOM across 8 closed leases, a statistically robust benchmark. The 1-Bedroom tier (2 leases, small sample) averaged $1,850 per month at 4.63 per square foot over 400 sq. ft. with a 17-day DOM. The 2-Bedroom tier (2 leases, small sample) averaged $3,000 per month at 3.16 per square foot over 950 sq. ft. with a 40-day DOM. The 2-Bedroom + Den represents an individual single transaction at $3,000 per month over 1,000 sq. ft. with a 1-day DOM, and should not be treated as a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Gramercy Park?
Gramercy Park carries a verified leased parking premium of $100 per month above the base suite rent. Active asking parking data is inconclusive due to insufficient paired samples, so no reliable comparison can be drawn between realized and current market parking rates. The $100 premium suggests parking is bundled into larger suites rather than sold as a standalone product at this building.
How does the lease-to-listing ratio at Gramercy Park reflect current tenant demand?
Gramercy Park rents swung from $2,850 in April to a low of $2,050 in July before rebounding to $2,783 in August, a volatile trajectory across the tracked spring-to-summer window. April saw 1 closed deal at $2,850 per month, 3.00 per square foot, and a 56-day DOM. June produced 7 closed deals averaging $2,264 per month, 4.04 per square foot, and a 31-day DOM. July closed 2 deals at $2,050 per month, 4.02 per square foot, and a 14-day DOM. August closed 3 deals at $2,783 per month, 3.35 per square foot, and a 10-day DOM, the fastest absorption of the season.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 4 | 2513 | 680 | 3.97 | 31 |
| 2026-04-28 | 4 | 2513 | 680 | 3.97 | 32 |
| 2026-04-29 | 4 | 2513 | 680 | 3.97 | 33 |
| 2026-04-30 | 3 | 2367 | 590 | 4.26 | 27 |
| 2026-05-01 | 3 | 2367 | 590 | 4.26 | 28 |
| 2026-05-02 | 3 | 2367 | 590 | 4.26 | 29 |
| 2026-05-03 | 3 | 2367 | 590 | 4.26 | 30 |
| 2026-05-04 | 3 | 2367 | 590 | 4.26 | 31 |
| 2026-05-05 | 3 | 2367 | 590 | 4.26 | 32 |
| 2026-05-06 | 3 | 2367 | 590 | 4.26 | 33 |
| 2026-05-07 | 3 | 2367 | 590 | 4.26 | 34 |
| 2026-05-08 | 3 | 2367 | 590 | 4.26 | 35 |
| 2026-05-09 | 3 | 2367 | 590 | 4.26 | 36 |
| 2026-05-10 | 3 | 2367 | 590 | 4.26 | 37 |
| 2026-05-11 | 4 | 2350 | 605 | 4.08 | 29 |
| 2026-05-12 | 4 | 2350 | 605 | 4.08 | 30 |
| 2026-05-13 | 4 | 2350 | 605 | 4.08 | 31 |
| 2026-05-14 | 5 | 2280 | 564 | 4.27 | 25 |
| 2026-05-15 | 4 | 2313 | 605 | 3.99 | 18 |
| 2026-05-16 | 4 | 2313 | 605 | 3.99 | 19 |
| 2026-05-17 | 4 | 2313 | 605 | 3.99 | 20 |
| 2026-05-18 | 4 | 2313 | 605 | 3.99 | 21 |
| 2026-05-19 | 4 | 2313 | 605 | 3.99 | 22 |
| 2026-05-20 | 5 | 2300 | 614 | 3.88 | 18 |
| 2026-05-21 | 5 | 2300 | 614 | 3.88 | 19 |
| 2026-05-22 | 5 | 2300 | 614 | 3.88 | 20 |
| 2026-05-23 | 5 | 2300 | 614 | 3.88 | 21 |
| 2026-05-24 | 5 | 2300 | 614 | 3.88 | 22 |
| 2026-05-25 | 5 | 2300 | 614 | 3.88 | 23 |
| 2026-05-26 | 5 | 2300 | 614 | 3.88 | 24 |
| 2026-05-27 | 5 | 2300 | 614 | 3.88 | 25 |
| 2026-05-28 | 5 | 2300 | 614 | 3.88 | 26 |
| 2026-05-29 | 5 | 2300 | 614 | 3.88 | 27 |
| 2026-05-30 | 5 | 2300 | 614 | 3.88 | 28 |
| 2026-05-31 | 5 | 2300 | 614 | 3.88 | 29 |
| 2026-06-01 | 5 | 2300 | 614 | 3.88 | 30 |
| 2026-06-02 | 5 | 2300 | 614 | 3.88 | 31 |
| 2026-06-03 | 4 | 2213 | 563 | 4.05 | 30 |
| 2026-06-04 | 5 | 2240 | 530 | 4.41 | 25 |
| 2026-06-05 | 4 | 2300 | 563 | 4.26 | 27 |
| 2026-06-06 | 4 | 2300 | 563 | 4.26 | 28 |
| 2026-06-07 | 4 | 2300 | 563 | 4.26 | 29 |
| 2026-06-08 | 3 | 2300 | 567 | 4.29 | 17 |
| 2026-06-09 | 3 | 2300 | 567 | 4.29 | 18 |
| 2026-06-10 | 3 | 2300 | 567 | 4.29 | 19 |
| 2026-06-11 | 2 | 2275 | 650 | 3.50 | 27 |
| 2026-06-12 | 3 | 2267 | 650 | 3.49 | 18 |
| 2026-06-13 | 2 | 2250 | 650 | 3.46 | 13 |
| 2026-06-14 | 2 | 2250 | 650 | 3.46 | 14 |
| 2026-06-15 | 2 | 2250 | 650 | 3.46 | 15 |
| 2026-06-16 | 2 | 2250 | 650 | 3.46 | 16 |
| 2026-06-17 | 2 | 2250 | 650 | 3.46 | 17 |
| 2026-06-18 | 1 | 2250 | 650 | 3.46 | 29 |
| 2026-06-19 | 1 | 2250 | 650 | 3.46 | 30 |
| 2026-06-20 | 1 | 2250 | 650 | 3.46 | 31 |
| 2026-06-21 | 1 | 2250 | 650 | 3.46 | 32 |
| 2026-06-22 | 1 | 2250 | 650 | 3.46 | 33 |
| 2026-06-23 | 1 | 2250 | 650 | 3.46 | 34 |
| 2026-06-24 | 2 | 2025 | 525 | 3.98 | 18 |
| 2026-06-25 | 2 | 2025 | 525 | 3.98 | 19 |
| 2026-06-26 | 2 | 2025 | 525 | 3.98 | 20 |
| 2026-06-27 | 2 | 2025 | 525 | 3.98 | 21 |
| 2026-06-28 | 2 | 2025 | 525 | 3.98 | 22 |
| 2026-06-29 | 1 | 1800 | 400 | 4.50 | 5 |
| 2026-06-30 | 1 | 1800 | 400 | 4.50 | 6 |
| 2026-07-01 | 1 | 1800 | 400 | 4.50 | 7 |
| 2026-07-02 | 1 | 1800 | 400 | 4.50 | 8 |
| 2026-07-03 | 1 | 1800 | 400 | 4.50 | 9 |
| 2026-07-04 | 1 | 1800 | 400 | 4.50 | 10 |
| 2026-07-05 | 1 | 1800 | 400 | 4.50 | 11 |
| 2026-07-15 | 1 | 2300 | 650 | 3.54 | N/A |
| 2026-07-16 | 1 | 2300 | 650 | 3.54 | 1 |
| 2026-07-17 | 1 | 2300 | 650 | 3.54 | 2 |
| 2026-07-18 | 1 | 2300 | 650 | 3.54 | 3 |
| 2026-07-19 | 1 | 2300 | 650 | 3.54 | 4 |
| 2026-07-20 | 1 | 2300 | 650 | 3.54 | 5 |
| 2026-07-21 | 1 | 2300 | 650 | 3.54 | 6 |
| 2026-07-22 | 1 | 2300 | 650 | 3.54 | 7 |
| 2026-07-23 | 1 | 2300 | 650 | 3.54 | 8 |
| 2026-07-24 | 1 | 2300 | 650 | 3.54 | 9 |
| 2026-07-25 | 1 | 2300 | 650 | 3.54 | 10 |
| 2026-07-26 | 1 | 2300 | 650 | 3.54 | 11 |
| 2026-07-27 | 1 | 2300 | 650 | 3.54 | 12 |
| 2026-07-28 | 1 | 2300 | 650 | 3.54 | 13 |
| 2026-07-29 | 1 | 2300 | 650 | 3.54 | 14 |
| 2026-07-30 | 1 | 2300 | 650 | 3.54 | 15 |
| 2026-08-05 | 1 | 2200 | 587 | 3.75 | N/A |
| 2026-08-06 | 1 | 2200 | 587 | 3.75 | 1 |
| 2026-08-07 | 3 | 2933 | 846 | 3.51 | 1 |
| 2026-08-08 | 2 | 2850 | 769 | 3.72 | 2 |
| 2026-08-09 | 1 | 3500 | 950 | 3.68 | 2 |
| 2026-08-10 | 1 | 3500 | 950 | 3.68 | 3 |
| 2026-08-11 | 1 | 3500 | 950 | 3.68 | 4 |
| 2026-08-12 | 1 | 3500 | 950 | 3.68 | 5 |
| 2026-08-13 | 1 | 3500 | 950 | 3.68 | 6 |
| 2026-08-14 | 1 | 3500 | 950 | 3.68 | 7 |
| 2026-08-15 | 1 | 3500 | 950 | 3.68 | 8 |
| 2026-08-16 | 1 | 3500 | 950 | 3.68 | 9 |
| 2026-08-17 | 1 | 3500 | 950 | 3.68 | 10 |
| 2026-08-18 | 1 | 3500 | 950 | 3.68 | 11 |
| 2026-08-19 | 1 | 3500 | 950 | 3.68 | 12 |
| 2026-08-20 | 1 | 3500 | 950 | 3.68 | 13 |
| 2026-08-21 | 1 | 3500 | 950 | 3.68 | 14 |
| 2026-08-22 | 1 | 3500 | 950 | 3.68 | 15 |
| 2026-08-23 | 1 | 3500 | 950 | 3.68 | 16 |
| 2026-08-24 | 1 | 3500 | 950 | 3.68 | 17 |
| 2026-08-25 | 1 | 3500 | 950 | 3.68 | 18 |
| 2026-08-26 | 2 | 2900 | 793 | 3.65 | 10 |
| 2026-08-27 | 3 | 2917 | 834 | 3.51 | 7 |
| 2026-08-28 | 3 | 2917 | 834 | 3.51 | 8 |
| 2026-08-29 | 3 | 2917 | 834 | 3.51 | 9 |
| 2026-08-30 | 3 | 2917 | 834 | 3.51 | 10 |
| 2026-08-31 | 2 | 2625 | 776 | 3.42 | 5 |
12-Month Market Dynamics & Trend Trajectory
Gramercy Park has closed 13 leases over its tracked history at an average of $2,396 per month and 3.80 per square foot across an average suite size of 666 sq. ft., with a lifetime DOM of 25 days. The building sits in the Downsview submarket where the average lease rent is $2,383 per month and the average DOM is 27 days, placing Gramercy Park slightly above submarket pricing but at a comparable absorption pace. On pricing discipline, 61.5% of leases closed below asking, producing a net tenant discount of $65 per month (2.31%) and $780 in annualized savings. This is a clear tenant-favorable outcome: landlords at Gramercy Park are conceding on price rather than holding to list, and prospective renters should expect room to negotiate below the posted rate.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-31 | 2 | 2250 | 610 | 3.96 | 31 |
| 2026-06-07 | 3 | 2300 | 533 | 4.51 | 36 |
| 2026-06-14 | 1 | 2200 | 650 | 3.38 | 6 |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 1 | 2250 | 650 | 3.46 | 40 |
| 2026-07-05 | 1 | 1800 | 400 | 4.50 | 12 |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 1 | 2300 | 650 | 3.54 | 16 |
| 2026-08-02 | 1 | 3000 | 1000 | 3.00 | 1 |
| 2026-08-09 | 1 | 2200 | 587 | 3.75 | 4 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-30 | 1 | 3150 | 950 | 3.32 | 24 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Comparing rental asking rates and price-per-square-foot ($/SF) at Gramercy Park with 6 tracked residential buildings in the immediate vicinity.
Comparable Analysis & Questions
How do rental rates at Gramercy Park compare to neighbouring buildings within Downsview?
At $2,625/month ($3.42/SF), Gramercy Park maintains a competitive market position compared to surrounding properties.
Does Gramercy Park offer a competitive price-per-square-foot ($/SF) against local comparables?
Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.
How do building age, amenities, and developer reputation impact rent spreads?
Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Gramercy Park and neighbouring options.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Gramercy Park.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Indoor Pool
- Hot Tub & Jacuzzi
- Party & Lounge Room
- Meeting Room
- Media & Theatre Room
- Games & Billiards Room
- Rooftop Terrace
- Garden & Courtyard
- Children's Playground - Outdoor
- Pet Wash Station
Residential Buildings in the Vicinity
- Southside Residences at Gramercy Park32 m
- The Station150 m
- Express Condos166 m
- Nordic179 m
- Tretti207 m
- Rocket at Subway214 m
- 480 Wilson Apartments227 m
- 150 Neptune Condos565 m
- 130 Neptune Drive Condos568 m
- 32 Hotspur840 m
- 10 Wasdale Crescent923 m
- Reuben Cipin Healthy Living Community1.1 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Gramercy Park.
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.