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Market Data as of August 31, 2026

Ivy Condos — Rental Market Data

65 Mutual St, Toronto, Ontario M5B 0E5
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom + Den
2
$2,350

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites256
DeveloperDream Unlimited

Located at 65 Mutual St in Toronto's Downtown East neighborhood, Ivy Condos is a 256-suite residential development completed in 2024 by developer Dream Unlimited. The building currently maintains an active inventory of 2 listings, translating to an availability rate of 0.8%. Over the past 90 days, the building recorded 22 closed leases with an average of 24 days on the market, while the 30-day window captured 7 closed leases averaging 22 days on the market.

Current active asking rents average $2,350 per month at $4.27 per square foot, comparing against realized 90-day leases that averaged $2,609 per month at $4.14 per square foot across an average of 634 square feet. Current active listings average 550 square feet, which is more compact than historical leases, while the active asking rate per square foot trades at a 2.1% discount compared to the broader submarket asking benchmark of $4.36 per square foot.

Marketing friction remains minimal given that zero unrented listings were delisted, and historical leasing indicates a tenant-favorable environment where renters negotiated an average discount of $14 per month, representing 0.43% below asking. Prospective tenants face a restricted selection, with current inventory exclusively comprising 1-bedroom plus den suites while other layout tiers show zero units available.

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Active Rental Inventory & Asking Rates

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

Active Units2
-4 (66.7%)
Avg Asking Rent$2,350
-$358 (13.2%)
Avg Suite Size550 sf
-67 sf (10.8%)
Avg Days on Market31d
+13d (70.6%)
Avg Asking $/SF$4.27
-$0.12 (2.7%)

Active Market Insights & Questions

How has rental availability changed at Ivy Condos recently?

Ivy Condos features 2 active listings as of August 31, 2026, with a price range of $2,300 to $2,400 per month, an average rent of $2,350 per month, and a median rent of $2,350 per month. Active suites average 550 square feet with an asking rate of $4.27 per square foot. The 1-bedroom plus den layout commands 100% of the active inventory share, indicating that current availability leans entirely toward compact multi-functional layouts rather than multi-bedroom executive suites.

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

The dominant active layout at Ivy Condos is the 1-bedroom plus den, which accounts for 2 active listings and a 100% inventory share. This tier features an average rent of $2,350 per month across an average size of 550 square feet at $4.27 per square foot. There are zero units currently available for all other bedroom tiers.

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

Ivy Condos records a minimum entry rent of $2,300 per month and a peak asking rent of $2,400 per month, generating a dollar spread of $100 and a percentage spread of 4.3%. The median asking rent stands at $2,350 per month. The entry-level option comprises a 1-bedroom plus den suite spanning 550 square feet at $4.18 per square foot using minimum asking metrics, while the peak suite matches the exact same 1-bedroom plus den layout configuration across 550 square feet at $4.36 per square foot using maximum asking metrics.

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

Active den premium data for Ivy Condos cannot be quantified because active den square footage deltas and dollar premiums are null. Parking premium data for active listings cannot be reliably isolated due to an insufficient sample size, and parking add-on costs must be evaluated directly through leasing agents rather than estimated.

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

Ivy Condos asks an average of $2,350 per month with an asking rate of $4.27 per square foot, sitting below the Downtown East submarket average asking rent of $2,636 per month but aligning closely with the submarket average asking rate per square foot of $4.36. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot trades at a 2.1% discount relative to submarket asking benchmarks, backed by 2 active listings representing a 1.0% share of submarket 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 Ivy Condos (Data period: For the month of August 2026).

Units Leased7
Avg Leased Price$2,607
Avg Leased Size634 sf
Avg Days to Lease22d
Leased $/SF$4.27

Leased Transaction Insights & Questions

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

At Ivy Condos, leasing velocity averaged 22 days on market over the past 30 days and 24 days over the past 90 days, outperforming the broader Downtown East submarket benchmark of 24 days. Closed lease counts tracked 7 transactions in the last 30 days, 22 deals across the trailing 90 days, and 30 total historical leases. Turnover accelerated steadily through the summer months as more inventory was absorbed by incoming tenants.

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

At Ivy Condos, units leased at an average discount of $14 per month (0.43% below asking), saving tenants $168 per year. Exactly 23.3% of leases closed below asking price, reflecting mild tenant leverage and minor landlord concessions, while the remaining transactions settled at asking.

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

At Ivy Condos, the two highest-volume anchor layouts were 2-Bedroom suites averaging $2,678 per month across 24 days on market and 1-Bedroom suites averaging $2,150 per month across 21 days on market. 2-Bedroom units formed a robust sample of 12 closed leases with a median of $2,600 per month, a P25-P75 range of $2,538 to $2,825 per month, an average size of 664 square feet, and $4.14 per square foot. 1-Bedroom units comprised a moderate sample of 7 closed leases with a median of $2,200 per month, a P25-P75 range of $2,100 to $2,200 per month, an average size of 497 square feet, and $4.39 per square foot. 1-Bedroom + Den units represented a moderate sample of 6 closed leases averaging $2,242 per month with a median of $2,200 per month, a P25-P75 range of $2,150 to $2,362 per month, an average size of 557 square feet, $4.03 per square foot, and 31 days on market. 3-Bedroom+ units accounted for a moderate sample of 5 closed leases averaging $3,520 per month with a median of $3,500 per month, a P25-P75 range of $3,450 to $3,600 per month, an average size of 854 square feet, $4.12 per square foot, and 37 days on market.

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

At Ivy Condos, verified parking premiums averaged $152 per month among leased units where parking was separately itemized. Parking spaces were typically bundled directly into larger two-bedroom and three-bedroom floor plans. Active parking premium data remains inconclusive due to an insufficient paired sample.

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

At Ivy Condos, rental rates displayed a steady trajectory with minor fluctuations between spring and late summer. April recorded 2 closed deals at an average rent of $2,900 per month ($4.07 per square foot) with 26 days on market. May saw 6 closed deals at $2,508 per month ($4.33 per square foot) across 37 days on market. June posted 5 closed deals averaging $2,810 per month ($4.17 per square foot) over 23 days on market. July achieved 10 closed deals at $2,509 per month ($4.05 per square foot) across 26 days on market. August concluded the summer with 7 closed deals averaging $2,607 per month ($4.27 per square foot) over 22 days on 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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Chart Metrics
Max 2 Plotted
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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)
2026-04-27728436704.2639
2026-04-28726296044.4135
2026-04-29726296044.4136
2026-04-30726296044.4137
2026-05-01726296044.4138
2026-05-02827256374.3534
2026-05-03827256374.3535
2026-05-04827256374.3536
2026-05-05926786314.3033
2026-05-06827506604.1837
2026-05-07927686934.0634
2026-05-081027616944.0431
2026-05-091027616944.0432
2026-05-101027616944.0433
2026-05-111027616944.0434
2026-05-121027616944.0435
2026-05-13928237114.0337
2026-05-14928687184.0633
2026-05-15928687184.0634
2026-05-16928687184.0635
2026-05-17928687184.0636
2026-05-18928687184.0637
2026-05-19928687184.0638
2026-05-201127656734.2132
2026-05-211127656734.2133
2026-05-221027716714.2536
2026-05-231027716714.2537
2026-05-24928126844.2433
2026-05-25928126844.2434
2026-05-26928126844.2435
2026-05-27827146644.2436
2026-05-28827146644.2437
2026-05-29827146644.2438
2026-05-30827146644.2439
2026-05-31827146644.2440
2026-06-01827146644.2441
2026-06-02827146644.2442
2026-06-03727736744.2844
2026-06-04727736744.2845
2026-06-05727736744.2846
2026-06-06727736744.2847
2026-06-07626526454.3147
2026-06-08626526454.3148
2026-06-09727736744.2842
2026-06-10827146594.2737
2026-06-11827146594.2738
2026-06-12726166304.3239
2026-06-13726166304.3240
2026-06-14627026684.1644
2026-06-15627026684.1645
2026-06-16627026684.1646
2026-06-17627026684.1647
2026-06-18627026684.1648
2026-06-19627026684.1649
2026-06-20627026684.1650
2026-06-21627026684.1651
2026-06-22726596514.1944
2026-06-23827836764.2040
2026-06-24927846844.1536
2026-06-251027466764.1433
2026-06-26826456444.1941
2026-06-27826456444.1942
2026-06-28826456444.1943
2026-06-29826706504.1941
2026-06-30726946644.1423
2026-07-01627436754.1727
2026-07-02627436754.1728
2026-07-03627436754.1729
2026-07-04627436754.1730
2026-07-05627436754.1731
2026-07-06627436754.1732
2026-07-07826516564.1125
2026-07-08826516564.1126
2026-07-09926016454.1024
2026-07-10925626404.0724
2026-07-11925626404.0725
2026-07-12826146514.0928
2026-07-13826146514.0929
2026-07-14726306654.0226
2026-07-15625836174.1920
2026-07-16626506334.1920
2026-07-17526806504.1113
2026-07-18526806504.1114
2026-07-19526806504.1115
2026-07-20726866364.2211
2026-07-21726866364.2212
2026-07-22627756504.2714
2026-07-23627756504.2715
2026-07-24627756504.2716
2026-07-25726936364.2314
2026-07-26726936364.2315
2026-07-27727506364.3314
2026-07-28627086174.3915
2026-07-29627086174.3916
2026-07-30627086174.3917
2026-07-31627086174.3918
2026-08-01627086174.3919
2026-08-02527706304.3916
2026-08-03527706304.3917
2026-08-04527706304.3918
2026-08-05527706304.3919
2026-08-06527706304.3920
2026-08-07426876254.3022
2026-08-08426876254.3023
2026-08-09426876254.3024
2026-08-10426876254.3025
2026-08-11427386254.3922
2026-08-12427386254.3923
2026-08-13324335504.4214
2026-08-14324335504.4215
2026-08-15324335504.4216
2026-08-16324335504.4217
2026-08-17423755504.3214
2026-08-18423755504.3215
2026-08-19323005504.1813
2026-08-20323005504.1814
2026-08-21323005504.1815
2026-08-22223505504.2722
2026-08-23223505504.2723
2026-08-24223505504.2724
2026-08-25223505504.2725
2026-08-26223505504.2726
2026-08-27223505504.2727
2026-08-28223505504.2728
2026-08-29223505504.2729
2026-08-30223505504.2730
2026-08-31223505504.2731

12-Month Market Dynamics & Trend Trajectory

Ivy Condos at 65 Mutual St has established a robust leasing history with 30 total historical transactions averaging $2,608 per month, $4.17 per square foot, and an average suite size of 634 square feet. Tenant turnover remained healthy with a lifetime average of 27 days on market, driven by consistent rental demand in the Downtown East submarket. Pricing discipline at the building favored slight tenant concessions, with transactions settling at an average discount of 0.43% below asking. Landlords accommodated minor pricing adjustments to secure steady occupancy, resulting in 23.3% of leases closing below initial asking prices while the remainder achieved full list value.

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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)
2026-05-03121004005.258
2026-05-10221255164.1236
2026-05-17127007003.8614
2026-05-24230007004.3063
2026-05-31122505903.8129
2026-06-07134008613.9541
2026-06-14121004005.2525
2026-06-21231508003.9310
2026-06-28125505984.266
2026-07-05125005944.2111
2026-07-12525386514.0140
2026-07-19121505503.9112
2026-07-26226006504.0015
2026-08-02226506004.4130
2026-08-09228257004.0334
2026-08-16324335004.999

Nearby Building Rental Comparables & Price Spreads

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

Ivy Condos at 65 Mutual St is evaluated alongside a competitive set of four nearby buildings in Downtown East Toronto, featuring a balanced mix of structural generations from the early 2000s to the 2020s. This micro-market includes Boot located at 75 Dalhousie St (built in 2003, 0.08 km away, with 2 active listings), 76 Shuter at 76 Shuter St (built in 2007, 0.06 km away, with 0 active listings), Core Condominiums at 68 Shuter St (built in 2017, 0.09 km away, with 16 active listings), and Max Condos at 77 Mutual St (built in 2021, 0.06 km away, with 51 active listings). These properties illustrate the architectural evolution of the immediate neighbourhood, transitioning from mid-rise older footprints to modern high-density residential towers. The overall competitive set averages $2,477 per month at $3.91 per square foot across an average suite size of 655 square feet. Ivy Condos commands an average realized lease rate of $2,608 per month at $4.17 per square foot with an average size of 634 square feet, positioning itself at the upper tier of the micro-market. As a newly registered development completed in 2024, Ivy Condos trades at a modest premium over older properties like Boot due to its contemporary construction quality, energy efficiency, and modern finish packages, while maintaining competitive rate-per-square-foot alignment with newer inventory like Max Condos and Core Condominiums.

76 Shuter St, Toronto

Avg Asking$2,300/mo
Avg $/SF$4.18
Rent Spread:
-$50/mo (-2.1%) Lower

77 Mutual St, Toronto

Avg Asking$2,408/mo
Avg $/SF$4.34
Rent Spread:
+$58/mo (+2.5%) Higher
Boot80 m

75 Dalhousie St, Toronto

Avg Asking$3,215/mo
Avg $/SF$3.48
Rent Spread:
+$865/mo (+36.8%) Higher

68 Shuter St, Toronto

Avg Asking$2,119/mo
Avg $/SF$3.94
Rent Spread:
-$231/mo (-9.8%) Lower

77 Shuter St, Toronto

Avg Asking$2,405/mo
Avg $/SF$4.33
Rent Spread:
+$55/mo (+2.4%) Higher

47 Mutual St, Toronto

Avg Asking$2,676/mo
Avg $/SF$3.81
Rent Spread:
+$326/mo (+13.9%) Higher

Comparable Analysis & Questions

How do rental rates at Ivy Condos compare to neighbouring buildings within Downtown East?

Ivy Condos achieves an average lease rent of $2,608 per month, trading above the overall comp average of $2,477 per month when measured against established benchmarks including Max Condos, Core Condominiums, and Boot. Max Condos (77 Mutual St) reports 51 active leases averaging $2,403 per month at $4.33 per square foot across 567 square feet. Core Condominiums (68 Shuter St) registers 16 active leases averaging $2,203 per month at $4.08 per square foot across 548 square feet. Boot (75 Dalhousie St) records 2 active leases averaging $2,825 per month at $3.32 per square foot across a larger average footprint of 850 square feet. Meanwhile, 76 Shuter (76 Shuter St) is located 0.06 km away, built in 2007, and currently reports 0 active lease transactions.

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

Ivy Condos positions its value proposition through a modern build quality, averaging $4.17 per square foot across an average suite size of 634 square feet, which undercuts Max Condos' rate of $4.33 per square foot while offering larger layouts. Renters at Ivy Condos trade off the lower rate per square foot found in older, larger legacy buildings like Boot at $3.32 per square foot across 850 square feet in exchange for modern layouts, reduced utility burdens from current energy standards, and contemporary interior finishes. Compared to Core Condominiums at $4.08 per square foot across 548 square feet, Ivy Condos provides 86 more interior square feet at a comparable efficiency metric, delivering enhanced spatial utility for residents.

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

Ivy Condos delivers an extensive, modern lifestyle and amenity package that surpasses many of its immediate neighbours by offering a comprehensive suite of resident spaces tailored to contemporary urban living. Signature amenities at Ivy Condos include an EV Charging Station, a Pet Wash Station, a Bike Repair Shop, a dedicated Yoga Studio, and a Rooftop Terrace. By comparison, 76 Shuter features a Sauna & Steam Room and a Massage Room alongside standard fitness areas, while Max Condos offers a Business Centre and a Library & Reading Room without specialized transit or pet maintenance infrastructure. Core Condominiums includes an On-site Café alongside traditional party and fitness rooms, and Boot provides a simpler amenity lineup centered around standard terrace and lounge areas. This robust amenity program makes Ivy Condos particularly attractive to professionals and pet owners seeking all-inclusive modern conveniences within the Downtown East submarket.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Ivy Condos.

Building Amenities

  • Concierge & Security
  • EV Charging Station
  • Gym & Fitness Centre
  • Yoga Studio
  • Party & Lounge Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • Library & Reading Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Pet Wash Station
  • Bike Repair Shop

Data Methodology & Analytical Standards

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