Skip to Content

Market Data as of August 31, 2026

Vida Condos — Rental Market Data

621 Sheppard Ave E, North York, Ontario M2K 2S7
Quick Rent Estimate
Active Suites5 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,125
2-Bedroom
2
$2,775
Studio
1
$1,800

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2020
Total Suites205
DeveloperCastle Group

Vida Condos at 621 Sheppard Ave E in North York's Don Valley North neighborhood is an established 205-suite residential development completed in 2020 by developer Castle Group. The property features a tight inventory pool of 5 active listings, yielding an availability rate of 2.4 percent. Over the past 90 days, the building recorded 9 closed leases averaging 23 days on the market, while the 30-day window saw 3 closed leases averaging 39 days on the market.

Current active listings ask an average rent of $2,320 per month at $4.52 per square foot across an average footprint of 540 square feet, compared to realized 90-day leases averaging $2,197 per month at $3.78 per square foot, with active asking rates per square foot standing 15 percent above the submarket asking benchmark of $3.93 per square foot.

Marketing friction remains low with closed days on the market averaging 23 days over the past 90 days, while delisted units sat for an extended average of 152 days before withdrawal, and tenants secured an average discount of $41 per month or 1.68 percent below asking with 36.4 percent of recent leases closing under asking, while active inventory offers balanced selection across 1-bedroom and 2-bedroom layouts alongside a single studio listing.

Get Monthly Rental Market Updates for Vida Condos

Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.

Strictly monthly updates. One-click unsubscribe at any time.

Active Rental Inventory & Asking Rates

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

Active Units5
+1 (25.0%)
Avg Asking Rent$2,320
-$105 (4.3%)
Avg Suite Size540 sf
-83 sf (13.3%)
Avg Days on Market17d
-36d (68.7%)
Avg Asking $/SF$4.52
+$0.43 (10.5%)

Active Market Insights & Questions

How has rental availability changed at Vida Condos recently?

Vida Condos features 5 active listings as of August 31, 2026, spanning a price range of $1,800 to $2,950 per month, an average asking rent of $2,320 per month, and a median asking rent of $2,200 per month. Active suites average 540 square feet with an average asking rate of $4.52 per square foot, while the 1-bedroom and 2-bedroom tiers each claim a dominant 40 percent share of active inventory, pointing toward an inventory pool split evenly between compact entry-level footprints and larger multi-room layouts.

What floor plans and unit layouts are currently available at Vida Condos?

The 1-bedroom and 2-bedroom configurations tie as the dominant active layouts at Vida Condos, each commanding 2 units and a 40 percent share of current inventory. The 1-bedroom tier features 2 units averaging $2,125 per month across 400 square feet at an asking rate of $5.31 per square foot, while the 2-bedroom tier comprises 2 units averaging $2,775 per month across 750 square feet at an asking rate of $3.74 per square foot. A single studio unit represents the remaining 20 percent of active stock, offering an asking rent of $1,800 per month across 400 square feet at $4.50 per square foot.

What is the average asking rent and $/SF by suite size at Vida Condos?

Vida Condos records a minimum entry rent of $1,800 per month and a peak asking rent of $2,950 per month, generating a dollar spread of $1,150 and a percentage spread of 63.9 percent. The median asking rent sits at $2,200 per month, anchoring the middle of the building's pricing spectrum. The entry-level suite consists of a 400 square foot studio asking $1,800 per month at $4.50 per square foot, whereas the peak suite is an 850 square foot 2-bedroom layout asking $2,950 per month at $3.47 per square foot.

How much extra do parking spaces and dens cost at Vida Condos?

Active den premium data is unavailable for Vida Condos as den metrics are null across current active listings. Parking stalls are available at a verified additional cost of $150 per month for active tenants.

How do asking rents at Vida Condos compare to local and municipal benchmarks?

Vida Condos asks an average rent of $2,320 per month at $4.52 per square foot, comparing to the Don Valley North submarket asking benchmark of $2,608 per month at $3.93 per square foot. The building's lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, resulting in an asking rate per square foot that sits 15 percent above the submarket average while representing 2.22 percent of total submarket active inventory across 5 active listings out of 225 total submarket listings.

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 Vida Condos (Data period: For the month of August 2026).

Units Leased3
Avg Leased Price$2,483
Avg Leased Size604 sf
Avg Days to Lease39d
Leased $/SF$3.59

Leased Transaction Insights & Questions

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

At Vida Condos, 30-day leasing velocity registered 3 leases with a 39-day average days on market, compared to 9 leases over the past 90 days with a 23-day average, running faster than the Don Valley North submarket benchmark of 29 days. Leasing turnover accelerated significantly over the summer months, scaling from 2 closed deals in May up to 3 transactions monthly through June, July, and August.

What is the negotiation spread between asking rents and closed lease prices at Vida Condos?

At Vida Condos, tenants secured an average discount of $41 per month, representing a 1.68% reduction below asking prices and delivering $492 in annual tenant savings. Exactly 36.4% of all closed leases secured price concessions below asking, reflecting minor tenant pricing leverage while the remaining transactions closed at full list price.

What are typical executed lease prices across different layouts at Vida Condos?

At Vida Condos, 1-Bedroom and 2-Bedroom floor plans formed the two highest-volume anchor layouts, capturing 54.5% and 45.5% of total lease volume with average days on market of 25 and 22 days respectively. The 1-Bedroom tier delivered 6 closed leases averaging $1,933 per month with a median of $1,875 per month, a P25-P75 range of $1,812 to $2,050 per month, an average size of 475 square feet, and $4.17 per square foot, representing a moderate sample. The 2-Bedroom tier delivered 5 closed leases averaging $2,635 per month with a median of $2,500 per month, a P25-P75 range of $2,300 to $2,850 per month, an average size of 758 square feet, and $3.55 per square foot, representing a moderate sample.

What measurable rent premium did suites with parking achieve in closed leases at Vida Condos?

At Vida Condos, realized leased parking achieved a verified premium of $200 per month. Suite bundling patterns typically included parking within larger multi-bedroom floor plans, while active asking parking rates sat slightly lower at $150 per month based on current listings.

How does the lease-to-listing ratio at Vida Condos reflect current tenant demand?

At Vida Condos, overall rent trajectories moved through distinct phases from spring into late summer. In May 2026, 2 closed deals averaged $2,500 per month at $4.36 per square foot with 29 days on market. In June 2026, 3 closed deals averaged $2,133 per month at $3.75 per square foot with 12 days on market. In July 2026, 3 closed deals averaged $1,975 per month at $4.00 per square foot with 17 days on market. In August 2026, 3 closed deals averaged $2,483 per month at $3.59 per square foot with 39 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$2,200
Avg Suite Size400 sf
Avg Days on Market152d
Delisted $/SF$5.50

De-Listed Market Analysis & Questions

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

At Vida Condos, exactly 1 unit was delisted, resulting in a delisted-to-leased ratio of 33.3% comprised entirely of expired listings with zero terminated or suspended properties. This metric establishes a healthy market ratio where approximately 1 listing was pulled or expired for every 3 successfully executed leases.

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

At Vida Condos, unrented units asked an average of $2,200 per month, which is $283 per month below realized lease averages nominally, typically driven by smaller unit sizes. Unrented units commanded a higher rate of $5.50 per square foot because they were concentrated in smaller floor plans, demonstrating that prospective tenants rejected high density rate-per-square-foot pricing.

What market friction causes rental listings to stall or de-list at Vida Condos?

At Vida Condos, delisted unrented units sat on the market for an average of 152 days compared to just 24 days for successfully realized leases. This 113-day excess marketing window translates directly into roughly 3.5 to 4 months of lost rental income plus ongoing monthly condo maintenance fees, illustrating the substantial carrying cost of unrented listings.

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)
2026-04-27421134384.9130
2026-04-28421134384.9131
2026-04-29421134384.9132
2026-04-30421134384.9133
2026-05-01421134384.9134
2026-05-02421134384.9135
2026-05-03421134384.9136
2026-05-04421134384.9137
2026-05-05421134384.9138
2026-05-06421134384.9139
2026-05-07520804604.6432
2026-05-08622175254.4428
2026-05-09622175254.4429
2026-05-10522305504.2528
2026-05-11522305504.2529
2026-05-12623176004.0825
2026-05-13623176004.0826
2026-05-14623176004.0827
2026-05-15623176004.0828
2026-05-16623176004.0829
2026-05-17623176004.0830
2026-05-18623176004.0831
2026-05-19623176004.0832
2026-05-20623176004.0833
2026-05-21623176004.0834
2026-05-22623176004.0835
2026-05-23623176004.0836
2026-05-24623176004.0837
2026-05-25623176004.0838
2026-05-26623176004.0839
2026-05-27623176004.0840
2026-05-28622835834.1138
2026-05-29622835834.1139
2026-05-30622835834.1140
2026-05-31622835834.1141
2026-06-01622835834.1142
2026-06-02622835834.1143
2026-06-03521905304.2948
2026-06-04521905304.2949
2026-06-05521905304.2950
2026-06-06521905304.2951
2026-06-07521905304.2952
2026-06-08521905304.2953
2026-06-09521905304.2954
2026-06-10521905304.2955
2026-06-11521905304.2956
2026-06-12521905304.2957
2026-06-13521905304.2958
2026-06-14521905304.2959
2026-06-15521905304.2960
2026-06-16521505304.2143
2026-06-17422005254.3844
2026-06-18422005254.3845
2026-06-19322835674.2238
2026-06-20421625254.2929
2026-06-21421625254.2930
2026-06-22521505304.1925
2026-06-23521505304.1926
2026-06-24521505304.1927
2026-06-25521505304.1928
2026-06-26721215204.1921
2026-06-27721215204.1922
2026-06-28621255154.2525
2026-06-29420634864.3629
2026-06-30420634864.3630
2026-07-01420634864.3631
2026-07-02420634864.3632
2026-07-03420634864.3633
2026-07-04420634864.3634
2026-07-05420634864.3635
2026-07-06521104984.3229
2026-07-07521104984.3230
2026-07-08521104984.3231
2026-07-09521104984.3232
2026-07-10521104984.3233
2026-07-11721115134.1824
2026-07-12721115134.1825
2026-07-13620835074.1930
2026-07-14620835074.1931
2026-07-15620835074.1932
2026-07-16620835074.1933
2026-07-17620835074.1934
2026-07-18620835074.1935
2026-07-19620835074.1936
2026-07-20620835074.1937
2026-07-21620835074.1938
2026-07-22620835074.1939
2026-07-23620835074.1940
2026-07-24521405284.1344
2026-07-25521405284.1345
2026-07-26521405284.1346
2026-07-27521405284.1347
2026-07-28521405284.1348
2026-07-29623255994.0141
2026-07-30623255994.0142
2026-07-31424256234.0953
2026-08-01424256234.0954
2026-08-02424256234.0955
2026-08-03424256234.0956
2026-08-04424256234.0957
2026-08-05426756984.0746
2026-08-06426756984.0747
2026-08-07426756984.0748
2026-08-08426756984.0749
2026-08-09426756984.0750
2026-08-10427507134.1039
2026-08-11427507134.1040
2026-08-12526106504.3033
2026-08-13526106504.3034
2026-08-14526106504.3035
2026-08-15526106504.3036
2026-08-16526106504.3037
2026-08-17526106504.3038
2026-08-18526106504.3039
2026-08-19526106504.3040
2026-08-20624756084.3434
2026-08-21523205404.5238
2026-08-22423505754.2710
2026-08-23423505754.2711
2026-08-24423505754.2712
2026-08-25523205404.5211
2026-08-26523205404.5212
2026-08-27523205404.5213
2026-08-28523205404.5214
2026-08-29523205404.5215
2026-08-30523205404.5216
2026-08-31523205404.5217

12-Month Market Dynamics & Trend Trajectory

Vida Condos recorded a lifetime leasing volume of 11 transactions with an average monthly rent of $2,252 per month, an average rate of $3.89 per square foot, an average suite footprint of 604 square feet, and a swift lifetime days on market average of 24 days, pointing to steady tenant turnover. Transaction distribution showed that 36.4% of deals closed below asking price, while the remaining share secured full asking rates. This pricing structure generated a net negotiation discount of $41 per month or 1.68% below list price, securing $492 in annual tenant savings and confirming mild tenant leverage.

Loading inventory data…

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
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

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)
2026-05-10121504005.3838
2026-05-170N/AN/AN/AN/A
2026-05-24128508503.3520
2026-05-31125008502.9422
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28219504754.168
2026-07-050N/AN/AN/AN/A
2026-07-12122755504.142
2026-07-19118004004.5028
2026-07-26118505503.3620
2026-08-02119005503.4550
2026-08-09123005923.8945
2026-08-16132509503.4223

Nearby Building Rental Comparables & Price Spreads

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

Vida Condos is evaluated alongside a localized micro-market of direct competitor buildings situated along Sheppard Avenue East and Rean Drive, anchored by projects like 625 Sheppard (6 Greenbriar Rd, located 0.06 km away, completed in 2025 with 22 active listings), Merci Le Condominium (27 Rean Dr, located 0.10 km away, completed in 2010 with 7 active listings), The Bayview - Tower (23 Rean Dr, located 0.08 km away, completed in 2010 with 2 active listings), and St. Gabriel Village II (662 Sheppard Ave E, located 0.08 km away, completed in 2009 with 1 active listing). This competitive set bridges two distinct structural generations, contrasting modern mid-rise developments built in 2020 and 2025 against established condominium towers completed around 2009 to 2010. Across this four-building micro-market, the overall comparable benchmark registers an average rent of $4,038 per month at an average rate of $3.63 per square foot across an expansive average suite size of 1,128 square feet, heavily skewed by ultra-large legacy floor plans. Vida Condos operates at a much more accessible scale with an average leased suite size of 604 square feet and an average leased rate of $3.89 per square foot. While older, ultra-large legacy projects command lower rates per square foot due to massive square footage totals, Vida Condos captures premium efficiency typical of its 2020 construction era, trading at close parity with modern new-build alternatives like 625 Sheppard.

625 Sheppard Avenue E, North York

Avg Asking$1,980/mo
Avg $/SF$3.60
Rent Spread:
-$340/mo (-14.7%) Lower

6 Greenbriar Rd, North York

Avg Asking$2,214/mo
Avg $/SF$3.95
Rent Spread:
-$106/mo (-4.6%) Lower

23 Rean Dr, North York

Avg Asking$4,380/mo
Avg $/SF$4.69
Rent Spread:
+$2,060/mo (+88.8%) Higher

662 Sheppard Ave E, North York

Avg Asking$8,250/mo
Avg $/SF$3.81
Rent Spread:
+$5,930/mo (+255.6%) Higher

27 Rean Dr, North York

Avg Asking$2,304/mo
Avg $/SF$3.83
Rent Spread:
-$16/mo (-0.7%) Lower

9 Greenbriar Road, North York

Avg Asking$3,225/mo
Avg $/SF$2.55
Rent Spread:
+$905/mo (+39.0%) Higher

Comparable Analysis & Questions

How do rental rates at Vida Condos compare to neighbouring buildings within Don Valley North?

Vida Condos achieves an average lease rent of $2,252 per month, which sits well below the broader multi-building comp average of $4,038 per month due to its compact suite configurations compared against sprawling luxury legacy peers like St. Gabriel Village II. Direct local benchmark 625 Sheppard (6 Greenbriar Rd) reports an average lease rent of $2,131 per month at $3.89 per square foot across an average of 557 square feet. Merci Le Condominium (27 Rean Dr) logs an average lease rent of $2,271 per month at $3.72 per square foot across an average of 614 square feet. Meanwhile, larger legacy options command higher total rents due to expansive footprints, with The Bayview - Tower (23 Rean Dr) averaging $3,500 per month at $3.10 per square foot across 1,175 square feet, and St. Gabriel Village II (662 Sheppard Ave E) recording an average lease rent of $8,250 per month at $3.81 per square foot across a sprawling 2,165 square feet.

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

Vida Condos positions itself in the micro-market with an average leased rate of $3.89 per square foot across an average of 604 square feet, aligning closely with modern construction standards while out-pricing older, less efficient floor plans on a per-square-foot basis. Renters at Vida Condos trade off massive, multi-bedroom layouts found in older developments for modern interior layout efficiency, significantly reduced heating and cooling utility burdens, and contemporary finishes. By comparison, 625 Sheppard trades at identical rate parity of $3.89 per square foot with an average size of 557 square feet, whereas Merci Le Condominium leases at $3.72 per square foot across 614 square feet. Older generation towers such as The Bayview - Tower achieve a lower rate of $3.10 per square foot across 1,175 square feet, and St. Gabriel Village II trades at $3.81 per square foot across 2,165 square feet, forcing renters to weigh raw space quantity against modern design and energy efficiency.

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

Vida Condos delivers a robust lifestyle and amenity package that successfully competes with newer neighboring builds while outperforming many legacy properties in recreational variety. Vida Condos features a Concierge & Security service, a fully equipped Gym & Fitness Centre, a dedicated Party & Lounge Room, a social Games & Billiards Room, and a sprawling Rooftop Terrace, directly matching modern additions like the yoga studios, pet wash stations, and business centers found at 625 Sheppard. While older nearby properties like St. Gabriel Village II and The Bayview - Tower emphasize traditional luxury additions such as indoor pools, valet parking, and hot tubs, Vida Condos prioritizes contemporary social and wellness spaces including a Media & Theatre Room, a Dining Room & Kitchen, and a Garden & Courtyard. This curated amenity mix makes Vida Condos exceptionally well-suited for young professionals and couples seeking modern building standards without the inflated maintenance overhead of older mega-towers.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Vida Condos.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Games & Billiards Room
  • Media & Theatre Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Sports Bar & Restaurant

Data Methodology & Analytical Standards

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