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Market Data as of August 31, 2026

The Charles at Church — Rental Market Data

634 Church Street, Toronto, Ontario M4Y 0G9
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
2-Bedroom
1
$3,400
2-Bedroom + Den
1
$3,850

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2021
Total Suites408
DeveloperAspen Ridge Homes

Located at 634 Church Street in Toronto's Cabbagetown neighborhood, The Charles at Church is an established 408-suite residential tower completed in 2021 by Aspen Ridge Homes. Currently, the property features 2 active listings, representing an availability rate of 0.5% against total inventory. Over the past 90 days, the building recorded 26 closed leases averaging 19 days on market, alongside 14 closed leases over the past 30 days averaging 14 days on market.

Current active asking rents average $3,625 per month at $4.32 per square foot across an average footprint of 845 square feet, comparing against realized 90-day leases averaging $2,975 per month at $4.45 per square foot across a 655-square-foot historical baseline. Active monthly asking rents sit above recent realized figures because current active inventory exclusively comprises larger multi-bedroom configurations rather than smaller entry-level formats. The building's active asking rate per square foot tracks essentially in line with the broader Cabbagetown submarket asking benchmark of $4.33 per square foot, registering a negligible 0.2% variance.

Leasing friction remains low at the property, with closed days on market trailing the submarket asking benchmark while tenants successfully secure an average discount of $26 per month, representing 0.88% below asking. Inventory availability is heavily constrained with only two total units currently advertised, leaving prospective renters zero selection across 1-bedroom tiers while offering single-unit availability evenly split between standard 2-bedroom and 2-bedroom plus den layouts.

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Active Rental Inventory & Asking Rates

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

Active Units2
-2 (50.0%)
Avg Asking Rent$3,625
+$75 (2.1%)
Avg Suite Size845 sf
+199 sf (30.8%)
Avg Days on Market20d
+1d (2.6%)
Avg Asking $/SF$4.32
-$2.01 (31.8%)

Active Market Insights & Questions

How has rental availability changed at The Charles at Church recently?

The Charles at Church maintains 2 active listings as of August 31, 2026, spanning a price range of $3,400 to $3,850 per month and averaging $3,625 per month with a median asking rent of $3,625 per month. Active suites average 845 square feet with an average asking rate of $4.32 per square foot. Multi-bedroom configurations dominate current availability completely, as active inventory skips smaller formats to feature exclusively 2-bedroom and 2-bedroom plus den layouts.

What floor plans and unit layouts are currently available at The Charles at Church?

The 2-Bedroom layout acts as the dominant active tier at The Charles at Church, accounting for 1 active listing and a 50% share of total current inventory at an average asking rent of $3,400 per month across a 749-square-foot footprint, yielding $4.54 per square foot. Meanwhile, the 2-Bedroom + Den layout supplies the remaining 1 active listing, also capturing a 50% share of availability at an average asking rent of $3,850 per month across an average size of 940 square feet, translating to $4.10 per square foot.

What is the average asking rent and $/SF by suite size at The Charles at Church?

The Charles at Church exhibits a minimum entry rent of $3,400 per month and a peak asking rent of $3,850 per month, creating a dollar spread of $450 and a percentage spread of 13.2%. The median asking rent sits squarely at $3,625 per month. Entry-level availability is anchored by a 2-bedroom layout spanning 749 square feet at an asking rate of $4.54 per square foot, while the peak tier is occupied by a 2-bedroom plus den layout stretching across 940 square feet at an asking rate of $4.10 per square foot.

How much extra do parking spaces and dens cost at The Charles at Church?

Active den data for The Charles at Church shows unquantified premiums with active den premium dollars, square footage deltas, and marginal cost per square foot currently unavailable. Similarly, active parking stall premiums cannot be reliably isolated due to an insufficient paired sample of listings, meaning parking fees remain inconclusive without verified data.

How do asking rents at The Charles at Church compare to local and municipal benchmarks?

The Charles at Church asks an average monthly rent of $3,625 per month at $4.32 per square foot, comparing against the broader Cabbagetown submarket asking benchmarks of $3,178 per month and $4.33 per square foot. The building's higher nominal monthly rent is driven by larger suite sizes and a concentration of multi-bedroom floor plans rather than elevated unit pricing. The building's asking rate per square foot sits 0.2% below the submarket average while accounting for 106 total active listings across the immediate competitive node.

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 The Charles at Church (Data period: For the month of August 2026).

Units Leased14
Avg Leased Price$3,061
Avg Leased Size655 sf
Avg Days to Lease14d
Leased $/SF$4.86

Leased Transaction Insights & Questions

How many suites were leased at The Charles at Church last month, and how fast did they rent?

At The Charles at Church, units secured an average of 14 days on the market over the past 30 days, compared to 19 days over the trailing 90 days and a submarket benchmark of 22 days. Leasing turnover moved from 30 closed transactions in April and 41 in May down to 5 in June, 7 in July, and rebounding to 14 in August as rental demand concentrated in active core periods.

What is the negotiation spread between asking rents and closed lease prices at The Charles at Church?

At The Charles at Church, leasing transactions settled with an average tenant discount of $26 per month, representing a 0.88% concession below asking price and annual tenant savings of $312 per year. Market leverage remained mildly tenant-favorable, with 29.9% of all closed leases securing concessions below initial asking prices while the remainder met landlord expectations.

What are typical executed lease prices across different layouts at The Charles at Church?

The highest-volume anchor layouts at The Charles at Church are 2-Bedroom suites, which recorded 36 closed leases averaging $3,117 per month across 18 days on the market, and 1-Bedroom suites, which saw 32 closed leases averaging $2,249 per month over 18 days on the market. These represent statistically robust benchmarks for the building. Itemized tier breakdowns are as follows: For 2-Bedroom suites, 36 closed leases averaged an average rent of $3,117 per month, a median rent of $3,150 per month, a P25-P75 range of $2,988 to $3,300 per month, an average square footage of 748 square feet, a rate of $4.28 per square foot, and an average of 18 days on the market, forming a robust sample. For 1-Bedroom suites, 32 closed leases averaged an average rent of $2,249 per month, a median rent of $2,200 per month, a P25-P75 range of $2,150 to $2,300 per month, an average square footage of 580 square feet, a rate of $3.89 per square foot, and an average of 18 days on the market, forming a robust sample. For 1-Bedroom + Den configurations, 28 closed leases averaged an average rent of $2,347 per month, a median rent of $2,325 per month, a P25-P75 range of $2,250 to $2,412 per month, an average square footage of 605 square feet, a rate of $3.89 per square foot, and an average of 16 days on the market, forming a robust sample. For 3-Bedroom+ suites, 1 closed lease averaged an average rent of $4,200 per month, a median rent of $4,200 per month, a P25-P75 range of $4,200 to $4,200 per month, an average square footage of 1,157 square feet, a rate of $3.63 per square foot, and an average of 15 days on the 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 The Charles at Church?

At The Charles at Church, realized leased parking generated a verified premium of $92 per month when attached to suite agreements. Active asking parking data was inconclusive due to insufficient paired samples, preventing the isolation of standalone stall values across current listings.

How does the lease-to-listing ratio at The Charles at Church reflect current tenant demand?

At The Charles at Church, average monthly rent tracked upward from $2,465 per month in the spring to $3,061 per month by late summer. In April 2026, 30 deals closed at an average rent of $2,524 per month, $3.88 per square foot, and 8 days on the market. In May 2026, 41 deals closed at an average rent of $2,465 per month, $3.88 per square foot, and 24 days on the market. In June 2026, 5 deals closed at an average rent of $2,690 per month, $3.99 per square foot, and 14 days on the market. In July 2026, 7 deals closed at an average rent of $3,007 per month, $3.96 per square foot, and 33 days on the market. In August 2026, 14 deals closed at an average rent of $3,061 per month, $4.86 per square foot, and 14 days on the market.

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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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)
2026-04-274524766343.9213
2026-04-284424646323.9114
2026-04-294124936383.9215
2026-04-303724786313.9316
2026-05-013524766293.9417
2026-05-023324586263.9419
2026-05-033224646273.9420
2026-05-042724906293.9722
2026-05-052725086333.9722
2026-05-062524956313.9623
2026-05-072124696273.9425
2026-05-081924796283.9527
2026-05-091924796283.9528
2026-05-101624696263.9529
2026-05-111825116293.9926
2026-05-121825006273.9926
2026-05-131825006273.9927
2026-05-141725386423.9524
2026-05-151625596453.9626
2026-05-161625596453.9627
2026-05-171525786454.0030
2026-05-181525786454.0031
2026-05-191525786454.0032
2026-05-201425706374.0233
2026-05-211126616514.0832
2026-05-221027106614.1032
2026-05-231027456704.0932
2026-05-241027456704.0933
2026-05-25927616614.1633
2026-05-26727366504.1934
2026-05-27527606504.2339
2026-05-28425756254.1246
2026-05-29425756254.1247
2026-05-30425756254.1248
2026-05-31228757004.0953
2026-06-01228757004.0954
2026-06-02228757004.0955
2026-06-03326836504.1237
2026-06-04326836504.1238
2026-06-05527106704.0423
2026-06-06527106704.0424
2026-06-07527106704.0425
2026-06-08527106704.0426
2026-06-09527106704.0427
2026-06-10426136504.0234
2026-06-11426136504.0235
2026-06-12426136504.0236
2026-06-13426136504.0237
2026-06-14426136504.0238
2026-06-15426136504.0239
2026-06-16426136504.0240
2026-06-17326336504.0547
2026-06-18430747314.1932
2026-06-19430747314.1933
2026-06-20430747314.1934
2026-06-21430747314.1935
2026-06-22430747314.1936
2026-06-23430997184.3133
2026-06-24430997184.3134
2026-06-25331007004.4144
2026-06-26331007004.4145
2026-06-27331007004.4146
2026-06-28331007004.4147
2026-06-29331007004.4148
2026-06-30331007004.4149
2026-07-01331007004.4150
2026-07-02331007004.4151
2026-07-03331007004.4152
2026-07-04331007004.4153
2026-07-05331007004.4154
2026-07-06331007004.4155
2026-07-07331007004.4156
2026-07-08431257124.3843
2026-07-09431257124.3844
2026-07-10431257124.3845
2026-07-11530007004.2736
2026-07-12530007004.2737
2026-07-13530007004.2738
2026-07-14530007004.2739
2026-07-15830637634.0625
2026-07-16731437804.1029
2026-07-17731437804.1030
2026-07-18731437804.1031
2026-07-19731437804.1032
2026-07-20731437804.1033
2026-07-21632508104.0835
2026-07-22732078054.0431
2026-07-23732078054.0432
2026-07-24732078054.0433
2026-07-25632337914.1538
2026-07-26733717255.2612
2026-07-27536607485.7714
2026-07-28536607485.7715
2026-07-29536607485.7716
2026-07-30435506466.3318
2026-07-31435506466.3319
2026-08-01435506466.3320
2026-08-02435506466.3321
2026-08-03435506466.3322
2026-08-04435506466.3323
2026-08-051232256884.998
2026-08-061232256884.999
2026-08-071232256884.9910
2026-08-081133007005.0512
2026-08-09932786935.1414
2026-08-10631507344.305
2026-08-11333007674.316
2026-08-12333007674.317
2026-08-13333007674.318
2026-08-14333007674.319
2026-08-15333007674.3110
2026-08-16333007674.3111
2026-08-17232007754.1412
2026-08-18630677084.354
2026-08-19630677084.355
2026-08-20531707274.385
2026-08-21531707274.386
2026-08-22531707274.387
2026-08-23531707274.388
2026-08-24531707274.389
2026-08-25531707274.3810
2026-08-26531707274.3811
2026-08-27433137704.3112
2026-08-28433137704.3113
2026-08-29433137704.3114
2026-08-30332837694.2816
2026-08-31236258454.3220

12-Month Market Dynamics & Trend Trajectory

The Charles at Church has established a robust leasing history across 97 lifetime transactions, maintaining an average rent of $2,620 per month at $4.03 per square foot across an average suite size of 655 square feet and a lifetime average of 18 days on the market. Pricing discipline at the building favored measured negotiations, with 29.9% of deals securing tenant concessions and settling at an average discount of $26 per month, saving occupants $312 annually. Landlords maintained stable pricing integrity while offering minor concessions to capture high-velocity leasing activity during peak seasonal windows.

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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)
2026-04-26426756743.955
2026-05-031524606393.8620
2026-05-10723006023.8227
2026-05-17722646103.7330
2026-05-24628337004.0429
2026-05-31222505504.0945
2026-06-07131007504.135
2026-06-14224256004.0520
2026-06-21227507113.8513
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-12125006503.855
2026-07-19228007463.8219
2026-07-26432388114.0546
2026-08-02126005574.673
2026-08-09831946755.1517
2026-08-16230506804.4614
2026-08-23126005574.679
2026-08-30230006954.3113

Nearby Building Rental Comparables & Price Spreads

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

The competitive set for The Charles at Church includes four nearby residential buildings: Casa III at 50 Charles St E (0.07 km away, built in 2018, with 109 active listings), Paxton Place at 71 Charles St E (0.07 km away, built in 1983, with 2 active listings), 99 Hayden at 99 Hayden St (0.09 km away, built in 1999, with 1 active listing), and The Waldorf Astoria Lofts at 88 Charles Street East (0.1 km away, built in 1990, with 5 active listings). These competitors span multiple structural generations, ranging from mature 1980s and 1990s mid-rises to contemporary high-rise construction. Across this micro-market, the overall comparable benchmark averages $2,641 per month at $3.78 per square foot across an average suite size of 759 square feet. Completed in 2021, The Charles at Church positions itself as a modern, scaled high-rise offering competitive pricing per square foot and contemporary floor plan efficiencies that align closely with the upper tier of this submarket's value spectrum.

50 Charles St E, Toronto

Avg Asking$2,748/mo
Avg $/SF$4.99
Rent Spread:
-$877/mo (-24.2%) Lower

71 Charles St E, Toronto

Avg Asking$6,050/mo
Avg $/SF$2.69
Rent Spread:
+$2,425/mo (+66.9%) Higher

99 Hayden St, Toronto

Avg Asking$2,625/mo
Avg $/SF$3.78
Rent Spread:
-$1,000/mo (-27.6%) Lower

88 Charles Street East, Toronto

Avg Asking$2,175/mo
Avg $/SF$4.07
Rent Spread:
-$1,450/mo (-40.0%) Lower
55C119 m

55 Charles St E, Toronto

Avg Asking$2,877/mo
Avg $/SF$4.39
Rent Spread:
-$748/mo (-20.6%) Lower

100 Hayden St, Toronto

Avg Asking$2,835/mo
Avg $/SF$3.73
Rent Spread:
-$791/mo (-21.8%) Lower

Comparable Analysis & Questions

How do rental rates at The Charles at Church compare to neighbouring buildings within Cabbagetown?

The Charles at Church achieves an average lease rent of $2,620 per month, trading right in line with the overall comparable micro-market average of $2,641 per month across benchmark properties like Casa III, Paxton Place, 99 Hayden, and The Waldorf Astoria Lofts. Casa III (50 Charles St E) reports an average lease rent of $2,625 per month at $4.78 per square foot across an average of 565 square feet. Paxton Place (71 Charles St E) records an average lease rent of $3,700 per month at $2.77 per square foot across an expansive 1,337 square feet. 99 Hayden (99 Hayden St) leases at an average of $2,100 per month with a rate of $3.55 per square foot across 592 square feet. Finally, The Waldorf Astoria Lofts (88 Charles Street East) averages $2,140 per month at $4.03 per square foot across 540 square feet.

Does The Charles at Church offer a competitive price-per-square-foot ($/SF) against local comparables?

The Charles at Church delivers a compelling value proposition, leasing at an average rate of $4.03 per square foot across an average of 655 square feet, perfectly matching the rate per square foot of older legacy alternatives like The Waldorf Astoria Lofts while providing more efficient modern layouts than traditional legacy footprints. Renters at The Charles at Church trade older, maintenance-heavy construction for contemporary finishes, superior energy efficiency, and modern layout utility. Compared to Casa III, the subject building offers a more competitive rate per square foot while supplying larger interior square footage. Against Paxton Place's larger 1,337-square-foot suites that command $2.77 per square foot, The Charles at Church appeals to residents prioritizing modern design and manageable footprints over dated, oversized square footage.

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

The Charles at Church provides an extensive, modern lifestyle and amenity package that outpaces many legacy competitors in the immediate area. Signature amenities at the property include a Concierge & Security system, a fully equipped Gym & Fitness Centre, a dedicated Yoga Studio, a Rooftop Terrace with a BBQ Area, a Pet Wash Station, and a Dog Run. In contrast, older neighborhood buildings like Paxton Place (built in 1983) and 99 Hayden (built in 1999) feature more basic common elements such as indoor pools, saunas, and standard rooftop spaces without modern canine infrastructure or dedicated fitness studios. Meanwhile, contemporary peers like Casa III offer luxury spa and pool amenities, but The Charles at Church distinguishes itself with specialized wellness and pet-centric facilities tailored directly to today's urban professionals and pet owners.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Charles at Church.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Dog Run
  • Pet Wash Station
  • Fire Pit

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Charles at Church.

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.