Skip to Content

Market Data as of August 31, 2026

St. Gabriel Terraces — Rental Market Data

650 Sheppard Ave E, North York, Ontario M2K 3E4
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,450
1-Bedroom + Den
1
$2,500

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2009
Total Suites169
DeveloperBaghai Developments

St. Gabriel Terraces at 650 Sheppard Ave E in North York's Don Valley North submarket is a 169-suite residential building completed in 2009 by Baghai Developments. As of August 31, 2026, two units are actively listed for rent, representing a 1.2 percent availability rate. The building closed two leases in the trailing 30 days at an average of $3,500 per month with a 31-day marketing cycle, and five leases over the past 90 days averaging $2,780 per month with a 29-day average days on market.

Active asking rents average $2,475 per month at $4.15 per square foot across a 600-square-foot average footprint. That rate per square foot sits above the 90-day realized lease benchmark of $3.66 per square foot, even though the current listings are more compact at 600 square feet versus the 688-square-foot average of historical closed leases. Against the Don Valley North submarket asking benchmark of $3.93 per square foot, St. Gabriel Terraces commands a 5.6 percent premium on a per-square-foot basis.

Active listing days on market stand at 39 days, exceeding the submarket average of 29 days by roughly one-third, which signals leasing deceleration even though zero units have been delisted or expired. Across all six tracked closed transactions, tenants secured an average discount of $15 per month, or 0.65 percent below asking, with 16.7 percent of leases closing under the initial ask and saving renters approximately $180 per year. Inventory depth is thin: one one-bedroom at 550 square feet and one one-bedroom-plus-den at 650 square feet, meaning no layout tier offers multiple concurrent options.

Get Monthly Rental Market Updates for St. Gabriel Terraces

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 St. Gabriel Terraces as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units2
-1 (33.3%)
Avg Asking Rent$2,475
-$675 (21.4%)
Avg Suite Size600 sf
-2 sf (0.3%)
Avg Days on Market39d
+13d (50.0%)
Avg Asking $/SF$4.15
-$2.49 (37.5%)

Active Market Insights & Questions

How has rental availability changed at St. Gabriel Terraces recently?

St. Gabriel Terraces has two units actively listed as of August 31, 2026, with asking rents ranging from $2,450 to $2,500 per month, an average of $2,475, and a median of $2,475. The average suite size is 600 square feet at an asking rate of $4.15 per square foot. Both active listings are single-transaction samples—one one-bedroom and one one-bedroom-plus-den—so inventory is split evenly between compact entry-level and slightly larger den configurations rather than skewing toward multi-bedroom executive layouts.

What floor plans and unit layouts are currently available at St. Gabriel Terraces?

The dominant active layout at St. Gabriel Terraces is the one-bedroom, with one listing representing 50 percent of available inventory at an average asking rent of $2,450 per month across 550 square feet and a rate of $4.45 per square foot. The one-bedroom-plus-den tier also holds one listing at 50 percent share, asking $2,500 per month for 650 square feet at $3.85 per square foot. Both tiers are single-listing samples, so neither offers a comparative depth advantage for renters seeking multiple options within the same bedroom category.

What is the average asking rent and $/SF by suite size at St. Gabriel Terraces?

St. Gabriel Terraces shows a minimum entry asking rent of $2,450 per month and a peak asking rent of $2,500 per month, producing a dollar spread of $50 and a percentage spread of 2 percent. The median asking rent sits at $2,475 per month. The entry-level suite is a one-bedroom at 550 square feet priced at $4.45 per square foot, while the peak suite is a one-bedroom-plus-den at 650 square feet priced at $3.85 per square foot, meaning the larger den unit actually carries a lower per-square-foot rate despite the higher nominal rent.

How much extra do parking spaces and dens cost at St. Gabriel Terraces?

At St. Gabriel Terraces, the active den premium is $50 per month for an additional 100 square feet of space, translating to a marginal cost of $0.50 per square foot for the extra den area. Active parking stall premiums cannot be reliably isolated from the current data due to an insufficient paired sample or anomalous outlier readings, so no specific monthly parking fee can be quoted with confidence.

How do asking rents at St. Gabriel Terraces compare to local and municipal benchmarks?

St. Gabriel Terraces asks an average of $2,475 per month at $4.15 per square foot, compared to the Don Valley North submarket asking benchmark of $2,608 per month at $3.93 per square foot. The building's nominal rent is $133 below the submarket average, but that gap narrows when adjusted for suite size: the 600-square-foot active footprint is more compact than typical submarket listings, and on a per-square-foot basis the building commands a 5.6 percent premium over the submarket asking rate. St. Gabriel Terraces represents 2 out of 225 available listings in the Don Valley North submarket, or roughly 0.9 percent of total 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 St. Gabriel Terraces (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$3,500
Avg Leased Size688 sf
Avg Days to Lease31d
Leased $/SF$3.40

Leased Transaction Insights & Questions

How many suites were leased at St. Gabriel Terraces last month, and how fast did they rent?

St. Gabriel Terraces recorded a 30-day average DOM of 31 days and a 90-day average DOM of 29 days, both tracking near the Don Valley North submarket benchmark of 29 days. Over the trailing 30 days, two leases closed; over 90 days, five closed; and the full one-year window (which equals the all-time record) shows six total transactions. Leasing cadence accelerated into August 2026 with two closings in that month alone, reversing a slower spring-summer pace of one to two deals per month. The building's 1.2% availability rate across 169 suites confirms that turnover is steady rather than paused, though the small absolute volume means each individual deal shifts the averages noticeably.

What is the negotiation spread between asking rents and closed lease prices at St. Gabriel Terraces?

St. Gabriel Terraces tenants negotiated an average discount of $15 per month (0.65% below asking), translating to $180 in annual savings per lease across the tracked sample. Only 16.7% of the six closed leases settled under the listed asking price, indicating that most transactions landed at or very near the landlord's initial figure. The net negotiation spread of -$15 per month and the balanced market-leverage classification suggest landlords at this building are not aggressively conceding, but tenants who do negotiate capture a modest, consistent concession rather than a deep discount.

What are typical executed lease prices across different layouts at St. Gabriel Terraces?

The 1-Bedroom + Den layout dominates St. Gabriel Terraces leasing with three closed leases (50% of volume) averaging $2,367 per month and a 9-day DOM, while the 2-Bedroom + Den closed at $3,800 per month with a 37-day DOM as the highest-rent tier. The 1-Bedroom + Den sample (3 leases) is a limited directional indicator: median rent $2,400, P25–P75 range $2,350 to $2,400, average size 650 square feet at $3.64 per square foot. The 1-Bedroom tier represents an individual single transaction at $2,200 per month for 550 square feet ($4.00 per square foot) with a 63-day DOM, not a broad statistical benchmark. The 2-Bedroom tier is likewise a single deal at $3,200 per month for 940 square feet ($3.40 per square foot) with a 25-day DOM. The 2-Bedroom + Den closed as a single transaction at $3,800 per month with a 37-day DOM; suite size data was not captured for this lease.

What measurable rent premium did suites with parking achieve in closed leases at St. Gabriel Terraces?

St. Gabriel Terraces does not have a reliably isolable leased parking premium because paired lease-and-parking data is insufficient to calculate a defensible monthly figure. Active listings also show an unreliable or outlier parking status, so no parking dollar value can be quoted with confidence. Tenants at this building should treat parking costs as a separate negotiation item rather than a bundled component of the suite rent, and verify any quoted parking fee directly with the property manager before signing.

How does the lease-to-listing ratio at St. Gabriel Terraces reflect current tenant demand?

St. Gabriel Terraces rents moved from a $2,400 average in May 2026 to a $3,500 average by August 2026, a nominal climb driven by larger suite footprints rather than rate inflation. May saw one lease close at $2,400 ($3.69 per square foot) with an 8-day DOM. June added two leases averaging $2,350 ($3.62 per square foot) over a 10-day DOM. July recorded one lease at $2,200 ($4.00 per square foot) with a 63-day DOM; the lower nominal rent here reflects the compact 550-square-foot 1-Bedroom footprint, not property devaluation. August closed two leases at $3,500 ($3.40 per square foot) with a 31-day DOM, where the higher nominal figure corresponds to the larger 940-square-foot 2-Bedroom suite.

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)
2026-05-14123906503.68N/A
2026-05-15231454838.031
2026-05-16231454838.032
2026-05-17328635056.752
2026-05-18328635056.753
2026-05-19328635056.754
2026-05-20328635056.755
2026-05-21328635056.756
2026-05-22231004338.286
2026-05-23231004338.287
2026-05-24231004338.288
2026-05-25231004338.289
2026-05-26231004338.2810
2026-05-27231004338.2811
2026-05-28231004338.2812
2026-05-29231004338.2813
2026-05-30328675056.759
2026-05-31328675056.7510
2026-06-01328675056.7511
2026-06-02328675056.7512
2026-06-03328675056.7513
2026-06-04328675056.7514
2026-06-05328675056.7515
2026-06-06328675056.7516
2026-06-07328675056.7517
2026-06-08328675056.7518
2026-06-09328675056.7519
2026-06-10328675056.7520
2026-06-11231004338.2826
2026-06-12231004338.2827
2026-06-13231004338.2828
2026-06-14231004338.2829
2026-06-15231004338.2830
2026-06-16231004338.2831
2026-06-17231004338.2832
2026-06-18231004338.2833
2026-06-19231004338.2834
2026-06-20231004338.2835
2026-06-21231004338.2836
2026-06-22328335056.7025
2026-06-23328335056.7026
2026-06-24328335056.7027
2026-06-25328335056.7028
2026-06-26328335056.7029
2026-06-27328335056.7030
2026-06-28328335056.7031
2026-06-29328005056.5917
2026-06-30230504338.1223
2026-07-01230504338.1224
2026-07-02230504338.1225
2026-07-03230504338.1226
2026-07-04230504338.1227
2026-07-05230504338.1228
2026-07-06328504726.9019
2026-07-07328504726.9020
2026-07-08328504726.9021
2026-07-09328504726.9022
2026-07-10429385896.0317
2026-07-11429385896.0318
2026-07-12429385896.0319
2026-07-13429385896.0320
2026-07-14429385896.0321
2026-07-15429385896.0322
2026-07-16429385896.0323
2026-07-17429385896.0324
2026-07-18429385896.0325
2026-07-19331506026.6414
2026-07-20331506026.6415
2026-07-21331506026.6416
2026-07-22331506026.6417
2026-07-23331506026.6418
2026-07-24331506026.6419
2026-07-25331506026.6420
2026-07-26331506026.6421
2026-07-27331506026.6422
2026-07-28331506026.6423
2026-07-29331506026.6424
2026-07-30331506026.6425
2026-07-31331506026.6426
2026-08-01331506026.6427
2026-08-02331506026.6428
2026-08-03331506026.6429
2026-08-04231254338.2633
2026-08-05124505504.4530
2026-08-06124505504.4531
2026-08-07124505504.4532
2026-08-08124505504.4533
2026-08-09224756004.1517
2026-08-10224756004.1518
2026-08-11224756004.1519
2026-08-12224756004.1520
2026-08-13224756004.1521
2026-08-14224756004.1522
2026-08-15224756004.1523
2026-08-16224756004.1524
2026-08-17224756004.1525
2026-08-18224756004.1526
2026-08-19224756004.1527
2026-08-20224756004.1528
2026-08-21224756004.1529
2026-08-22224756004.1530
2026-08-23224756004.1531
2026-08-24224756004.1532
2026-08-25224756004.1533
2026-08-26224756004.1534
2026-08-27224756004.1535
2026-08-28224756004.1536
2026-08-29224756004.1537
2026-08-30224756004.1538
2026-08-31224756004.1539

12-Month Market Dynamics & Trend Trajectory

St. Gabriel Terraces realizes an average lease rent of $2,717 per month and a rate of $3.67 per square foot across its six tracked transactions, positioning the building $234 (approximately 9.4%) above the Don Valley North submarket average lease rent of $2,483 while sitting 3.7% below the submarket average rate of $3.80 per square foot. This combination signals that the building's larger average suite footprint of 688 square feet allows it to command a higher nominal rent without charging a premium per square foot, making it a value-oriented option for tenants prioritizing space over density in the North York corridor. On pricing discipline, 16.7% of St. Gabriel Terraces leases closed below asking, with tenants capturing an average discount of $15 per month (0.65%) and $180 in annualized savings. The net negotiation spread of -$15 per month and the balanced leverage classification indicate that landlords are holding firm on most transactions while conceding a small, consistent amount to the subset of tenants who negotiate. No leases closed at a premium above asking, and the absence of delisted units reinforces that the building's pricing is broadly market-clearing without requiring aggressive markdowns to absorb inventory.

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)
2026-05-17124006503.698
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-07124006503.6912
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28123006503.548
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-19122005504.0063
2026-07-260N/AN/AN/AN/A
2026-08-02235006287.7331

Nearby Building Rental Comparables & Price Spreads

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

St. Gabriel Terraces at 650 Sheppard Ave E sits in a tightly clustered micro-market of four nearby buildings within 120 metres, all recording active lease volume over the trailing 180 days. The closest peer, St. Gabriel Manor at 676 Sheppard Ave E (0.04 km, built in 2011), closed three leases in the period. St. Gabriel Village II at 662 Sheppard Ave E (0.07 km, built in 2009) logged a single lease transaction, making it a limited-sample reference rather than a high-volume benchmark. Two newer entrants carry the heaviest transaction weight: 625 Sheppard at 6 Greenbriar Rd (0.09 km, completed 2025) closed 22 leases, and Vida Condos at 621 Sheppard Ave E (0.12 km, built in 2020) recorded 11. The pocket thus spans three structural generations—2009, 2011, 2020, and 2025—giving renters a clear age-and-configuration gradient across roughly 150 metres of Sheppard Avenue East. Against the four-comp aggregate benchmark of $3,775 average rent, $3.74 per square foot, and 1,015 average square feet, St. Gabriel Terraces positions itself as a mid-size, mid-rate product. The subject's 688-square-foot average suite footprint is materially smaller than the comp mean, pulling the blended benchmark upward. At $3.67 per square foot in realized leases, the subject trades slightly below the $3.74 comp average and below the Don Valley North submarket leased rate of $3.80 per square foot, while its 169-suite scale and 2009 build date place it in the established, full-service tier of this immediate pocket rather than the compact, amenity-dense new-build segment represented by 625 Sheppard and Vida Condos.

676 Sheppard Ave E, North York

Avg Asking$2,500/mo
Avg $/SF$3.40
Rent Spread:
+$25/mo (+1.0%) Higher

625 Sheppard Avenue E, North York

Avg Asking$1,980/mo
Avg $/SF$3.60
Rent Spread:
-$495/mo (-20.0%) Lower

662 Sheppard Ave E, North York

Avg Asking$8,250/mo
Avg $/SF$3.81
Rent Spread:
+$5,775/mo (+233.3%) Higher

6 Greenbriar Rd, North York

Avg Asking$2,214/mo
Avg $/SF$3.95
Rent Spread:
-$261/mo (-10.5%) Lower

9 Greenbriar Road, North York

Avg Asking$3,225/mo
Avg $/SF$2.55
Rent Spread:
+$750/mo (+30.3%) Higher

621 Sheppard Ave E, North York

Avg Asking$2,269/mo
Avg $/SF$4.13
Rent Spread:
-$206/mo (-8.3%) Lower

Comparable Analysis & Questions

How do rental rates at St. Gabriel Terraces compare to neighbouring buildings within Don Valley North?

St. Gabriel Terraces realized an average lease rent of $2,717 per month over the trailing year, sitting $1,058 below the four-comp aggregate benchmark of $3,775 and $266 above the Don Valley North submarket average of $2,483. St. Gabriel Manor (676 Sheppard Ave E, 0.04 km, 3 closed leases) averaged $2,467 per month at $3.37 per square foot across 733 square feet, meaning the subject commands a $250-per-month higher rent than this nearest peer. St. Gabriel Village II (662 Sheppard Ave E, 0.07 km, 1 closed lease) recorded an average of $8,250 per month at $3.81 per square foot over 2,165 square feet—a single-transaction figure that reflects a dramatically larger suite and places the subject $5,533 below that benchmark. 625 Sheppard (6 Greenbriar Rd, 0.09 km, 22 closed leases) averaged $2,131 per month at $3.89 per square foot across 557 square feet, with the subject renting $586 higher. Vida Condos (621 Sheppard Ave E, 0.12 km, 11 closed leases) averaged $2,252 per month at $3.89 per square foot over 604 square feet, placing the subject $465 above that realized rate.

Does St. Gabriel Terraces offer a competitive price-per-square-foot ($/SF) against local comparables?

St. Gabriel Terraces leases at $3.67 per square foot across an average 688-square-foot suite, positioning it at a modest discount to the Don Valley North submarket leased rate of $3.80 per square foot while offering more interior space than both 625 Sheppard (557 sq ft) and Vida Condos (604 sq ft). Against St. Gabriel Manor, the subject commands a $0.30-per-square-foot (8.9%) premium while providing 45 fewer interior square feet, so the higher rate reflects a genuinely stronger per-foot valuation rather than a size advantage. Versus 625 Sheppard, the subject trades at a $0.22-per-square-foot (5.7%) discount and delivers 131 more interior square feet; the $586 higher nominal rent is therefore driven entirely by the larger footprint, not by a superior per-foot rate. The same dynamic holds against Vida Condos, where the subject offers a $0.22-per-square-foot (5.7%) discount and 84 additional square feet, making the $465 rent premium a pure space differential. St. Gabriel Village II, at $3.81 per square foot over 2,165 square feet, trades at a $0.14-per-square-foot (3.7%) premium over the subject, but the 1,477-square-foot size gap means the $5,533 rent difference is overwhelmingly a footprint effect rather than an asset-valuation signal.

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

St. Gabriel Terraces fields a ten-item amenity suite—concierge and security, gym and fitness centre, party and lounge room, meeting room, rooftop terrace, garden and courtyard, sauna and steam room, car wash bay, BBQ area, and games and billiards room—that sits between the leaner St. Gabriel Manor (six items) and the amenity-dense 625 Sheppard (16 items). The subject's sauna and steam room, car wash bay, BBQ area, and games room are absent from St. Gabriel Manor, giving it a clear lifestyle edge over that 2011-built neighbour. Against 625 Sheppard, the subject lacks a yoga studio, business centre, media and theatre room, library and reading room, dining room and kitchen, pet wash station, firepit, and shared laundry room, while offering a car wash bay and garden courtyard that the 2025 build does not list. Vida Condos adds a shared laundry room, media and theatre room, dining room and kitchen, and a sports bar and restaurant that the subject does not provide, though the subject counters with a dedicated meeting room, sauna and steam room, and car wash bay. St. Gabriel Village II outpaces the subject with an indoor pool, hot tub and jacuzzi, and valet parking. The resulting package—full-service security, wellness (gym plus sauna/steam), social gathering (party room, BBQ, games), and practical convenience (car wash, rooftop terrace)—best serves professional tenants in their late twenties to mid-thirties who want a turnkey, amenity-rounded one-bedroom-plus-den home without the ultra-compact footprint or premium per-foot pricing of the 2020-and-later builds on the same corridor.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around St. Gabriel Terraces.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Rooftop Terrace
  • Garden & Courtyard
  • Sauna & Steam Room
  • Car Wash Bay
  • BBQ Area
  • Games & Billiards Room

Data Methodology & Analytical Standards

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

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.