Market Data as of August 31, 2026
Burke Condos — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Burke Condos at 605-609 Sherbourne Street in Toronto's Cabbagetown submarket is a newly completed residential development finished in 2025 by Concert Properties containing 501 total suites, featuring 20 active listings representing a 4% availability rate. Over the past 90 days, the building recorded 142 closed leases with an average days on market of 19 days, while the last 30 days saw 32 closed leases averaging 16 days on market.
Current active asking rents average $3,576 per month at an average rate of $3.74 per square foot, contrasting with realized 90-day leases averaging $2,476 per month at $3.66 per square foot, while active inventory features significantly larger floor plans averaging 957 square feet compared to historical leases averaging 685 square feet, positioning the building's asking rate per square foot 13.6% below the Cabbagetown submarket asking benchmark of $4.33 per square foot.
Marketing friction remains low as unrented listings averaged 22 days on market before being pulled, sitting above realized lease averages while 39.2% of recent leases closed under asking with tenants securing an average discount of $38 per month, and prospective tenants will find deep selection across 3-bedroom-plus and 2-bedroom floor plans alongside scarce availability in 1-bedroom-plus-den suites.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Burke Condos as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Burke Condos recently?
Burke Condos carries 20 active listings as of August 31, 2026, with asking rents ranging from $2,300 to $5,350 per month, an average asking rent of $3,576 per month, and a median asking rent of $3,550 per month. Active suites maintain an average floor area of 957 square feet and an asking rate of $3.74 per square foot, with 3-bedroom-plus configurations holding a dominant 45% share of total available inventory. Current listings distinctly lean toward larger executive floor plans rather than compact entry-level layouts.
What floor plans and unit layouts are currently available at Burke Condos?
The dominant active layout at Burke Condos is the 3-bedroom-plus tier, accounting for 9 listings and a 45% inventory share. Within this tier, 3-bedroom-plus suites average $4,205 per month across 1,122 square feet at $3.74 per square foot. The building also features 7 active 2-bedroom units representing a 35% share with an average rent of $3,383 per month across 923 square feet at $3.67 per square foot, alongside 4 active 1-bedroom-plus-den suites representing a 20% share averaging $2,500 per month across 644 square feet at $3.88 per square foot.
What is the average asking rent and $/SF by suite size at Burke Condos?
Burke Condos features a minimum entry rent of $2,300 per month and a peak asking rent of $5,350 per month, establishing a total dollar spread of $3,050 per month and a percentage spread of 132.6%. The median asking rent sits at $3,550 per month across the broader available inventory. The entry-level suite consists of a 1-bedroom-plus-den layout spanning 650 square feet priced at $3.54 per square foot, contrasted against the peak suite comprising a 3-bedroom-plus layout spanning 1,300 square feet priced at $4.12 per square foot.
How much extra do parking spaces and dens cost at Burke Condos?
Active parking stalls at Burke Condos carry a verified monthly premium of $310 per month. Den premium data cannot be reliably isolated from current listings as active den metrics are unquantified. Parking add-ons represent a standard monthly fee for tenants requiring parking stalls.
How do asking rents at Burke Condos compare to local and municipal benchmarks?
Burke Condos asks an average of $3,576 per month at $3.74 per square foot, comparing against Cabbagetown submarket benchmarks of $3,178 per month asking rent and $4.33 per square foot asking rate. The higher nominal monthly outlay in the building is driven by larger average suite sizes rather than inflated unit pricing, as reflected by the building's asking rate per square foot sitting 13.6% below the submarket benchmark while capturing 18.9% 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 Burke Condos (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Burke Condos last month, and how fast did they rent?
At Burke Condos, leasing velocity averaged 16 days on market over the 30-day window, 19 days over the 90-day window, and trailed the broader Cabbagetown submarket benchmark of 22 days on market. Closed lease counts shifted from 33 deals in June to 78 deals in July, before moderating to 32 deals in August.
What is the negotiation spread between asking rents and closed lease prices at Burke Condos?
At Burke Condos, tenancy negotiations yielded an average discount of $38 per month, representing a 1.51% reduction below asking price and annual tenant savings of $456 per year. Exactly 39.2% of leases closed under asking, demonstrating modest tenant pricing leverage during initial occupancy.
What are typical executed lease prices across different layouts at Burke Condos?
The two highest-volume anchor layouts at Burke Condos were the 1-Bedroom + Den with 60 closed leases averaging $2,290 per month over 19 days on market, and the 1-Bedroom with 46 closed leases averaging $2,037 per month over 18 days on market. The 1-Bedroom + Den tier recorded an average rent of $2,290 per month, a median of $2,250 per month, a P25-P75 range of $2,200 to $2,350 per month, an average size of 649 square feet, $3.53 per square foot, and 19 days on market. The 1-Bedroom tier recorded an average rent of $2,037 per month, a median of $2,000 per month, a P25-P75 range of $1,950 to $2,100 per month, an average size of 529 square feet, $3.92 per square foot, and 18 days on market. The 2-Bedroom tier recorded 24 closed leases with an average monthly rent of $2,985 per month, a median of $2,925 per month, a P25-P75 range of $2,750 to $3,320 per month, an average size of 850 square feet, $3.51 per square foot, and 16 days on market across a statistically robust sample. The 3-Bedroom+ tier recorded 12 closed leases with an average monthly rent of $3,915 per month, a median of $3,925 per month, a P25-P75 range of $3,860 to $3,962 per month, an average size of 1,100 square feet, $3.56 per square foot, and 22 days on market across a robust sample. The 2-Bedroom + Den tier represented a single individual transaction with 1 closed lease averaging $3,900 per month, a median of $3,900 per month, a P25-P75 range of $3,900 to $3,900 per month, an average size of 1,100 square feet, $3.55 per square foot, and 60 days on 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 Burke Condos?
At Burke Condos, realized leased parking secured a verified premium of $278 per month. Parking stalls were typically bundled into larger multi-bedroom suite leases, while active asking parking rates commanded a verified average of $310 per month.
How does the lease-to-listing ratio at Burke Condos reflect current tenant demand?
At Burke Condos, overall monthly rent tracked upward from spring through late summer as building occupancy advanced. June recorded 33 closed deals with an average rent of $2,340 per month, an average rate of $3.50 per square foot, and 16 days on market. July expanded to 78 closed deals averaging $2,409 per month, $3.69 per square foot, and 21 days on market. August closed 32 deals at an average rent of $2,767 per month, $3.75 per square foot, and 16 days on market.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Burke Condos (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Burke Condos, and what was their re-listing price compared to previous asking?
At Burke Condos, 3 units were delisted, generating a delisted-to-leased ratio of 9.4% relative to total leasing volume, entirely consisting of 3 terminated listings with zero expired or suspended properties. This indicates a healthy market ratio of approximately one listing pulled for every 11 successful leases.
How do asking prices on de-listed suites compare to executed leases and active listings at Burke Condos?
At Burke Condos, unrented units asked an average of $3,607 per month, which was $840 per month above realized lease averages of $2,767 per month. Unrented listings were overpriced relative to realized market transactions.
What market friction causes rental listings to stall or de-list at Burke Condos?
At Burke Condos, delisted unrented units recorded an average of 22 days on market compared to 16 days for realized leases. This 6-day excess marketing window translates directly into added vacancy carrying costs, compounding lost rental income with ongoing monthly condo maintenance fees for overpricing landlords.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-05-05 | 1 | 1950 | 550 | 3.55 | N/A |
| 2026-05-06 | 1 | 1950 | 550 | 3.55 | 1 |
| 2026-05-07 | 2 | 2225 | 542 | 4.12 | 1 |
| 2026-05-08 | 4 | 2487 | 696 | 3.68 | 1 |
| 2026-05-09 | 6 | 2355 | 639 | 3.82 | 1 |
| 2026-05-10 | 6 | 2355 | 639 | 3.82 | 2 |
| 2026-05-11 | 7 | 2347 | 640 | 3.78 | 3 |
| 2026-05-12 | 8 | 2315 | 629 | 3.79 | 3 |
| 2026-05-13 | 8 | 2315 | 629 | 3.79 | 4 |
| 2026-05-14 | 8 | 2315 | 629 | 3.79 | 5 |
| 2026-05-15 | 8 | 2315 | 629 | 3.79 | 6 |
| 2026-05-16 | 8 | 2315 | 629 | 3.79 | 7 |
| 2026-05-17 | 9 | 2291 | 604 | 3.95 | 7 |
| 2026-05-18 | 9 | 2291 | 604 | 3.95 | 8 |
| 2026-05-19 | 9 | 2256 | 593 | 3.96 | 9 |
| 2026-05-20 | 11 | 2404 | 644 | 3.87 | 8 |
| 2026-05-21 | 13 | 2369 | 637 | 3.83 | 7 |
| 2026-05-22 | 13 | 2369 | 637 | 3.83 | 8 |
| 2026-05-23 | 13 | 2369 | 637 | 3.83 | 9 |
| 2026-05-24 | 14 | 2342 | 620 | 3.92 | 10 |
| 2026-05-25 | 14 | 2342 | 620 | 3.92 | 11 |
| 2026-05-26 | 15 | 2399 | 636 | 3.91 | 11 |
| 2026-05-27 | 22 | 2336 | 620 | 3.88 | 8 |
| 2026-05-28 | 24 | 2404 | 641 | 3.85 | 8 |
| 2026-05-29 | 27 | 2456 | 659 | 3.83 | 8 |
| 2026-05-30 | 29 | 2454 | 665 | 3.78 | 9 |
| 2026-05-31 | 30 | 2451 | 664 | 3.78 | 9 |
| 2026-06-01 | 32 | 2468 | 673 | 3.75 | 9 |
| 2026-06-02 | 33 | 2454 | 669 | 3.75 | 10 |
| 2026-06-03 | 40 | 2434 | 665 | 3.75 | 9 |
| 2026-06-04 | 43 | 2412 | 661 | 3.73 | 9 |
| 2026-06-05 | 47 | 2464 | 675 | 3.72 | 9 |
| 2026-06-06 | 49 | 2459 | 673 | 3.74 | 10 |
| 2026-06-07 | 49 | 2463 | 675 | 3.73 | 11 |
| 2026-06-08 | 47 | 2471 | 678 | 3.73 | 11 |
| 2026-06-09 | 47 | 2474 | 678 | 3.73 | 12 |
| 2026-06-10 | 50 | 2445 | 665 | 3.78 | 12 |
| 2026-06-11 | 50 | 2430 | 659 | 3.78 | 13 |
| 2026-06-12 | 51 | 2432 | 660 | 3.78 | 13 |
| 2026-06-13 | 52 | 2429 | 660 | 3.77 | 14 |
| 2026-06-14 | 54 | 2423 | 660 | 3.76 | 14 |
| 2026-06-15 | 55 | 2451 | 668 | 3.76 | 15 |
| 2026-06-16 | 55 | 2436 | 664 | 3.76 | 15 |
| 2026-06-17 | 54 | 2468 | 677 | 3.73 | 15 |
| 2026-06-18 | 59 | 2460 | 673 | 3.74 | 15 |
| 2026-06-19 | 62 | 2477 | 681 | 3.72 | 14 |
| 2026-06-20 | 62 | 2475 | 681 | 3.72 | 14 |
| 2026-06-21 | 62 | 2475 | 681 | 3.72 | 15 |
| 2026-06-22 | 60 | 2507 | 691 | 3.72 | 15 |
| 2026-06-23 | 63 | 2505 | 692 | 3.70 | 14 |
| 2026-06-24 | 62 | 2532 | 697 | 3.72 | 15 |
| 2026-06-25 | 64 | 2522 | 693 | 3.73 | 15 |
| 2026-06-26 | 62 | 2546 | 701 | 3.73 | 15 |
| 2026-06-27 | 66 | 2496 | 689 | 3.71 | 15 |
| 2026-06-28 | 66 | 2496 | 689 | 3.71 | 16 |
| 2026-06-29 | 62 | 2484 | 682 | 3.73 | 17 |
| 2026-06-30 | 60 | 2465 | 671 | 3.76 | 17 |
| 2026-07-01 | 57 | 2469 | 671 | 3.77 | 18 |
| 2026-07-02 | 57 | 2498 | 679 | 3.78 | 19 |
| 2026-07-03 | 54 | 2500 | 679 | 3.78 | 19 |
| 2026-07-04 | 54 | 2538 | 689 | 3.77 | 18 |
| 2026-07-05 | 55 | 2522 | 684 | 3.76 | 18 |
| 2026-07-06 | 52 | 2531 | 688 | 3.75 | 18 |
| 2026-07-07 | 50 | 2605 | 711 | 3.74 | 17 |
| 2026-07-08 | 52 | 2637 | 720 | 3.73 | 16 |
| 2026-07-09 | 47 | 2701 | 740 | 3.71 | 15 |
| 2026-07-10 | 45 | 2758 | 758 | 3.70 | 15 |
| 2026-07-11 | 45 | 2803 | 773 | 3.67 | 15 |
| 2026-07-12 | 49 | 2745 | 757 | 3.66 | 15 |
| 2026-07-13 | 46 | 2710 | 747 | 3.67 | 16 |
| 2026-07-14 | 43 | 2759 | 760 | 3.67 | 18 |
| 2026-07-15 | 35 | 2825 | 776 | 3.69 | 17 |
| 2026-07-16 | 32 | 2751 | 751 | 3.71 | 16 |
| 2026-07-17 | 27 | 2864 | 783 | 3.70 | 18 |
| 2026-07-18 | 27 | 2860 | 783 | 3.69 | 18 |
| 2026-07-19 | 28 | 2897 | 794 | 3.69 | 18 |
| 2026-07-20 | 27 | 2992 | 820 | 3.66 | 16 |
| 2026-07-21 | 26 | 3029 | 835 | 3.62 | 15 |
| 2026-07-22 | 25 | 3077 | 846 | 3.63 | 15 |
| 2026-07-23 | 25 | 3077 | 846 | 3.63 | 16 |
| 2026-07-24 | 27 | 3084 | 848 | 3.63 | 16 |
| 2026-07-25 | 23 | 3153 | 863 | 3.66 | 16 |
| 2026-07-26 | 23 | 3153 | 863 | 3.66 | 16 |
| 2026-07-27 | 23 | 3125 | 854 | 3.66 | 15 |
| 2026-07-28 | 21 | 3167 | 865 | 3.66 | 15 |
| 2026-07-29 | 20 | 3163 | 866 | 3.66 | 16 |
| 2026-07-30 | 19 | 3122 | 850 | 3.68 | 17 |
| 2026-07-31 | 18 | 3188 | 861 | 3.72 | 15 |
| 2026-08-01 | 22 | 3154 | 848 | 3.74 | 13 |
| 2026-08-02 | 22 | 3156 | 848 | 3.74 | 13 |
| 2026-08-03 | 21 | 3190 | 857 | 3.74 | 12 |
| 2026-08-04 | 18 | 3347 | 897 | 3.76 | 12 |
| 2026-08-05 | 18 | 3347 | 897 | 3.76 | 13 |
| 2026-08-06 | 18 | 3353 | 902 | 3.73 | 14 |
| 2026-08-07 | 22 | 3281 | 876 | 3.78 | 12 |
| 2026-08-08 | 18 | 3296 | 886 | 3.75 | 12 |
| 2026-08-09 | 15 | 3502 | 940 | 3.76 | 14 |
| 2026-08-10 | 14 | 3591 | 968 | 3.73 | 16 |
| 2026-08-11 | 14 | 3591 | 968 | 3.73 | 17 |
| 2026-08-12 | 14 | 3583 | 968 | 3.72 | 17 |
| 2026-08-13 | 14 | 3401 | 921 | 3.71 | 16 |
| 2026-08-14 | 15 | 3414 | 923 | 3.71 | 16 |
| 2026-08-15 | 15 | 3414 | 923 | 3.71 | 17 |
| 2026-08-16 | 17 | 3458 | 935 | 3.71 | 16 |
| 2026-08-17 | 20 | 3382 | 915 | 3.71 | 15 |
| 2026-08-18 | 18 | 3283 | 895 | 3.69 | 15 |
| 2026-08-19 | 18 | 3306 | 900 | 3.69 | 15 |
| 2026-08-20 | 22 | 3284 | 883 | 3.74 | 13 |
| 2026-08-21 | 24 | 3264 | 876 | 3.75 | 13 |
| 2026-08-22 | 25 | 3226 | 867 | 3.74 | 13 |
| 2026-08-23 | 25 | 3226 | 867 | 3.74 | 14 |
| 2026-08-24 | 26 | 3263 | 876 | 3.75 | 15 |
| 2026-08-25 | 22 | 3321 | 897 | 3.72 | 15 |
| 2026-08-26 | 23 | 3323 | 899 | 3.71 | 15 |
| 2026-08-27 | 22 | 3400 | 913 | 3.73 | 16 |
| 2026-08-28 | 21 | 3442 | 925 | 3.72 | 17 |
| 2026-08-29 | 20 | 3481 | 932 | 3.74 | 15 |
| 2026-08-30 | 21 | 3535 | 947 | 3.74 | 14 |
| 2026-08-31 | 20 | 3576 | 957 | 3.74 | 15 |
12-Month Market Dynamics & Trend Trajectory
Burke Condos recorded a total lifetime leasing volume of 143 transactions with an average monthly rent of $2,473 per month, a rate of $3.66 per square foot, and an average suite size of 685 square feet across an average of 19 days on market. Tenant turnover remained steady as initial occupancy progressed through the summer leasing cycle. Transaction distribution showed notable pricing discipline, with 39.2% of deals securing concessions below asking. Tenants capitalized on modest negotiating room, capturing an average monthly discount of $38 per month or 1.51% off asking prices, resulting in annualized tenant savings of $456 per year.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-31 | 1 | 2000 | 550 | 3.64 | 20 |
| 2026-06-07 | 8 | 2481 | 706 | 3.54 | 9 |
| 2026-06-14 | 2 | 1950 | 550 | 3.55 | 31 |
| 2026-06-21 | 14 | 2162 | 607 | 3.57 | 21 |
| 2026-06-28 | 21 | 2361 | 683 | 3.52 | 16 |
| 2026-07-05 | 20 | 2218 | 613 | 3.75 | 27 |
| 2026-07-12 | 24 | 2528 | 713 | 3.58 | 18 |
| 2026-07-19 | 12 | 2283 | 617 | 3.83 | 23 |
| 2026-07-26 | 9 | 3006 | 809 | 3.70 | 16 |
| 2026-08-02 | 11 | 2463 | 657 | 3.76 | 16 |
| 2026-08-09 | 7 | 2757 | 713 | 3.89 | 10 |
| 2026-08-16 | 2 | 3525 | 974 | 3.61 | 18 |
| 2026-08-23 | 9 | 2990 | 817 | 3.68 | 22 |
| 2026-08-30 | 3 | 2727 | 751 | 3.64 | 10 |
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Burke Condos.
Residential Buildings in the Vicinity
- The Selby61 m
- James Cooper Mansion88 m
- The Rosedale94 m
- The Rosedale on Bloor116 m
- Rosedale139 m
- 360 Bloor East208 m
- The Somerset293 m
- Rosedale Ravine Apartments299 m
- Bellagio on Bloor300 m
- Via Bloor - Tower 1316 m
- Rosedale Glen345 m
- Couture347 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Burke 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.