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Market Data as of August 31, 2026

YC Condos — Rental Market Data

7 Grenville Street / 460 Yonge Street, Toronto, Ontario M4Y 0E9
Quick Rent Estimate
Active Suites10 Available
Type
Units
Avg Rent
1-Bedroom
3
$2,233
1-Bedroom + Den
3
$2,683
2-Bedroom
2
$3,600
3-Bedroom+
2
$4,800

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2019
Total Suites634
DeveloperCanderel Group

YC Condos is a residential high-rise development located at 7 Grenville Street / 460 Yonge Street in the Downtown Core of Toronto, developed by Canderel Group and completed in 2019. Comprising 634 total suites, the property currently maintains 10 active listings representing an availability rate of 1.6 percent, alongside a leasing pace defined by 65 closed transactions over the past 90 days averaging 18 days on market, and 15 closed transactions over the past 30 days averaging 14 days on market.

Active asking rents average $3,155 per month at $4.60 per square foot across an average suite size of 696 square feet, tracking slightly above the 90-day realized lease average of $3,023 per month while closely mirroring broader submarket asking benchmarks of $4.56 per square foot. Current active inventory skews toward slightly larger floor plans compared to historical leases without relying on traditional structural changes, while maintaining a competitive per square foot rate relative to the wider Downtown Core submarket.

Marketing friction remains minimal, evidenced by zero recorded delisted or expired listings and a tenant-favorable leasing environment where 27.2 percent of deals close at an average discount of $21 per month below asking. Prospective tenants will find the deepest selection within the 1-Bedroom and 1-Bedroom plus den tiers, which each command a 30 percent share of active inventory, whereas multi-bedroom layouts above 2 bedrooms offer significantly scarcer availability.

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Active Rental Inventory & Asking Rates

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

Active Units10
+2 (25.0%)
Avg Asking Rent$3,155
-$26 (0.8%)
Avg Suite Size696 sf
+14 sf (2.0%)
Avg Days on Market15d
+2d (14.7%)
Avg Asking $/SF$4.60
-$0.27 (5.6%)

Active Market Insights & Questions

How has rental availability changed at YC Condos recently?

YC Condos features 10 active listings as of August 31, 2026, spanning an asking price range of $2,150 to $5,200 per month, an average rent of $3,155 per month, and a median asking rent of $2,725 per month. Active suites average 696 square feet with an average asking rate of $4.60 per square foot. The 1-Bedroom layout tier dominates active supply with a 30 percent inventory share, reflecting an overall active pool that balances compact entry-level options against spacious executive suites.

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

The 1-Bedroom configuration represents the dominant active layout at YC Condos, accounting for 3 listings and a 30 percent inventory share. Across all available floor plans, 1-Bedroom suites average $2,233 per month across 608 square feet at $3.95 per square foot, while 1-Bedroom plus den units average $2,683 per month across 596 square feet at $4.52 per square foot. Meanwhile, 2-Bedroom layouts average $3,600 per month across 650 square feet at $5.54 per square foot, and 3-Bedroom plus suites average $4,800 per month across 1,025 square feet at $4.75 per square foot.

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

YC Condos exhibits a minimum entry rent of $2,150 per month and a peak asking rent of $5,200 per month, creating a dollar spread of $3,050 and a percentage spread of 141.9 percent. The median asking rent sits at $2,725 per month. The entry-level option consists of a 1-Bedroom suite spanning 425 square feet at an asking rate of $5.06 per square foot, whereas the peak tier is anchored by a 3-Bedroom plus unit offering 1,200 square feet at an asking rate of $4.33 per square foot.

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

YC Condos commands an active den premium of $450 per month, associated with a square footage delta of 12 fewer square feet for the den-inclusive layout. The marginal cost per square foot for the extra den space is unquantified due to the inverse square footage relationship, and verified parking stalls carry an additional cost of $200 per month.

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

YC Condos asking rents average $3,155 per month at $4.60 per square foot, comparing competitively against submarket asking averages of $3,471 per month and $4.56 per square foot. The nominal rent variance is driven by more compact suite sizing rather than cheaper unit pricing, positioning the building's asking rate at 0.9 percent above the submarket asking benchmark across its 10 active 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 YC Condos (Data period: For the month of August 2026).

Units Leased15
Avg Leased Price$3,153
Avg Leased Size627 sf
Avg Days to Lease14d
Leased $/SF$4.93

Leased Transaction Insights & Questions

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

At YC Condos, the 30-day average days on market is 14 days, the 90-day average days on market is 18 days, and the Downtown Core submarket benchmark sits at 21 days. Leasing turnover accelerated significantly over the summer months, moving from 7 closed leases in April up to 27 closed deals in July before moderating to 15 transactions in August. Lifetime closed leasing volume reached 92 total transactions across the tracked dataset.

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

At YC Condos, tenants negotiated an average discount of $21 per month, representing a 0.47% reduction below asking price and generating annual tenant savings of $252 per year. Exactly 27.2% of leases closed under asking, reflecting minor tenant-favorable leverage for concessions while the remaining majority of transactions settled right at asking price.

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

The two highest-volume anchor layouts at YC Condos are 2-Bedroom suites averaging $3,361 per month with a 21-day average days on market and 1-Bedroom units averaging $2,306 per month with a 20-day average days on market. 2-Bedroom suites recorded 27 closed leases with an average rent of $3,361 per month, a median of $3,400 per month, a P25-P75 range of $3,175 to $3,500 per month, an average size of 685 square feet, $5.09 per square foot, and an average days on market of 21 days, representing a statistically robust benchmark. 1-Bedroom suites recorded 24 closed leases with an average rent of $2,306 per month, a median of $2,390 per month, a P25-P75 range of $2,112 to $2,500 per month, an average size of 514 square feet, $4.63 per square foot, and an average days on market of 20 days, representing a statistically robust benchmark. 1-Bedroom + Den suites accounted for 24 closed leases with an average rent of $2,773 per month, a median of $2,700 per month, a P25-P75 range of $2,650 to $2,800 per month, an average size of 626 square feet, $4.54 per square foot, and an average days on market of 18 days, representing a statistically robust benchmark. 3-Bedroom+ suites recorded 9 closed leases with an average rent of $4,600 per month, a median of $4,500 per month, a P25-P75 range of $4,350 to $4,800 per month, an average size of 952 square feet, $4.95 per square foot, and an average days on market of 23 days, representing a statistically robust benchmark. Studio units recorded 8 closed leases with an average rent of $1,966 per month, a median of $1,975 per month, a P25-P75 range of $1,919 to $2,000 per month, an average size of 398 square feet, $4.94 per square foot, and an average days on market of 17 days, representing a statistically robust benchmark.

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

At YC Condos, realized leased parking commanded a verified premium of $339 per month when itemized in lease agreements. Parking stalls are frequently bundled into larger 2-Bedroom and 3-Bedroom layouts as standard inclusions. Active asking parking rates currently trade slightly lower at a verified $200 per month.

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

At YC Condos, overall rent trajectories showed steady spring appreciation followed by peak summer absorption velocity. April recorded 7 closed deals at an average rent of $2,850 per month ($4.67 per square foot, 24 days on market), May recorded 19 closed deals at $2,707 per month ($4.72 per square foot, 23 days on market), June recorded 24 closed deals at $2,806 per month ($4.93 per square foot, 21 days on market), July achieved a peak of 27 closed deals at $3,102 per month ($4.71 per square foot, 19 days on market), and August closed 15 deals at $3,153 per month ($4.93 per square foot, 14 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
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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)
2026-04-272228839984.5223
2026-04-2820294610334.6223
2026-04-2919293810534.6223
2026-04-3019293810534.6224
2026-05-0121288710154.5323
2026-05-0220287610334.5222
2026-05-0320287610334.5223
2026-05-0418285710814.4624
2026-05-0520279610194.5022
2026-05-0620279410064.6320
2026-05-0720279410064.6321
2026-05-082127669854.5919
2026-05-092127669854.5920
2026-05-102227299584.6119
2026-05-112327459454.6219
2026-05-122327459454.6220
2026-05-132427509354.5920
2026-05-142627589304.4920
2026-05-152827419024.5019
2026-05-162727288994.5621
2026-05-172627449124.5722
2026-05-182427709424.5825
2026-05-192327609554.5826
2026-05-202228539924.5728
2026-05-2122301910154.7127
2026-05-222329869944.6826
2026-05-2322296310104.6528
2026-05-2422293810044.6528
2026-05-2520296110584.5230
2026-05-2619300910934.4832
2026-05-2719300910934.4833
2026-05-2817288711244.4433
2026-05-2918292610974.5032
2026-05-3018292610974.5033
2026-05-3118292610974.5034
2026-06-0118308811484.4330
2026-06-0219308811224.4529
2026-06-031931046774.6725
2026-06-042030846764.6425
2026-06-052130546704.6324
2026-06-062030846764.6427
2026-06-071931096854.6028
2026-06-081831997004.6425
2026-06-091834427504.6517
2026-06-101734977624.6618
2026-06-111635947844.6420
2026-06-121536207934.6220
2026-06-131536177864.6721
2026-06-141435687824.6419
2026-06-151534977664.6319
2026-06-161534977664.6320
2026-06-171535777525.0619
2026-06-181333887025.1320
2026-06-191333887025.1321
2026-06-201333887025.1322
2026-06-211433467204.9822
2026-06-221433617205.0020
2026-06-231332466985.0415
2026-06-241831696914.6911
2026-06-251732747144.6913
2026-06-261732187034.6913
2026-06-271732187034.6914
2026-06-281731856974.6915
2026-06-291633417224.7516
2026-06-301732567034.7515
2026-07-011732567034.7516
2026-07-021832146944.7316
2026-07-031732387124.6516
2026-07-041732387124.6517
2026-07-051833257194.7117
2026-07-061633227374.5717
2026-07-071931957084.6115
2026-07-081830066504.6813
2026-07-091830366564.6914
2026-07-101930686664.6714
2026-07-111831006724.6815
2026-07-121831006724.6816
2026-07-131831006724.6817
2026-07-141530607104.4216
2026-07-151329696964.4017
2026-07-161330277154.3417
2026-07-171027256954.1219
2026-07-181127956914.2318
2026-07-191127956914.2319
2026-07-201127956644.3617
2026-07-211127956644.3618
2026-07-221227966634.3518
2026-07-231429256674.4916
2026-07-241529106494.6416
2026-07-251429256494.6716
2026-07-261231006404.9511
2026-07-271231676325.1011
2026-07-281231676325.1012
2026-07-291131956624.9912
2026-07-30931176644.8912
2026-07-31831816824.8713
2026-08-01833947394.6813
2026-08-02635757534.7314
2026-08-03635757534.7315
2026-08-04932616664.9411
2026-08-051032206664.8711
2026-08-06829886624.5312
2026-08-07730146634.5612
2026-08-08730146634.5613
2026-08-09730146634.5614
2026-08-10730146634.5615
2026-08-11730146634.5616
2026-08-12730146634.5617
2026-08-13729866464.6417
2026-08-14730006464.6713
2026-08-15730006464.6714
2026-08-16730006464.6715
2026-08-17829506394.6414
2026-08-18930116404.7214
2026-08-191131006604.7012
2026-08-201130506334.809
2026-08-211030756314.848
2026-08-22931226294.9310
2026-08-23932336405.0210
2026-08-24932336405.0211
2026-08-25833066834.8712
2026-08-26931947014.6312
2026-08-27931947014.6313
2026-08-28931947014.6314
2026-08-291031556964.6013
2026-08-301031556964.6014
2026-08-311031556964.6015

12-Month Market Dynamics & Trend Trajectory

YC Condos at 7 Grenville Street / 460 Yonge Street has established a robust leasing history anchored by 92 lifetime transactions averaging $2,932 per month and $4.80 per square foot. Suites average 627 square feet with an overall average days on market of 20 days, pointing to steady, reliable tenant turnover across the Canderel Group development. Pricing discipline across the building tilts slightly toward tenant-favorable concessions, where 27.2% of deals closed below asking for an average discount of $21 per month. Transactions settled with healthy alignment between landlord expectations and market reality, keeping vacancy carry minimal and absorption velocity strong.

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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)
2026-04-26130006504.6258
2026-05-03329006174.7039
2026-05-10327006814.2110
2026-05-17824735384.6012
2026-05-24429635825.3632
2026-05-31321334684.7433
2026-06-07824445134.8024
2026-06-142472510754.5041
2026-06-21628925725.5114
2026-06-28729005934.8910
2026-07-05732217144.6816
2026-07-12933006784.8416
2026-07-19127006504.1522
2026-07-26928676304.7622
2026-08-02631836605.0011
2026-08-09231256594.7522
2026-08-16328677174.0226
2026-08-23335506835.205

Nearby Building Rental Comparables & Price Spreads

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

YC Condos sits at 7 Grenville Street / 460 Yonge Street in the Downtown Core, evaluated against a competitive set that includes Karma at 15 Grenville St (0.01 km away, completed in 2016, with 60 active leases in the past 180 days), The Gallery at 25 Grenville St (0.04 km away, completed in 1990, with 4 active leases in the past 180 days), Murano - South Tower at 38 Grenville St (0.12 km away, completed in 2009, with 30 active leases in the past 180 days), and Murano - North Tower at 37 Grosvenor St (0.14 km away, completed in 2009, with 35 active leases in the past 180 days). This micro-market contrasts the mid-2000s structural generations of the Murano towers against the 1990 establishment of The Gallery and the mid-2010s to modern post-2019 high-rises like Karma and the subject building. Across this immediate competitive landscape, the overall competitor average lease rent sits at $2,878 per month at $4.25 per square foot across an average suite size of 695 square feet. YC Condos establishes itself as a modern, large-scale development built in 2019, commanding a higher rate per square foot than most of its peers due to its contemporary suite finishes, superior construction generation, and extensive amenity package relative to older properties like The Gallery or the Murano towers.

15 Grenville St, Toronto

Avg Asking$2,611/mo
Avg $/SF$4.71
Rent Spread:
-$544/mo (-17.2%) Lower

25 Grenville St, Toronto

Avg Asking$2,866/mo
Avg $/SF$3.45
Rent Spread:
-$289/mo (-9.2%) Lower

38 Grenville St, Toronto

Avg Asking$3,102/mo
Avg $/SF$4.41
Rent Spread:
-$53/mo (-1.7%) Lower

801 Bay St, Toronto

Avg Asking$2,772/mo
Avg $/SF$3.49
Rent Spread:
-$383/mo (-12.1%) Lower

37 Grosvenor St, Toronto

Avg Asking$2,917/mo
Avg $/SF$4.20
Rent Spread:
-$238/mo (-7.5%) Lower

501 Yonge St, Toronto

Avg Asking$3,017/mo
Avg $/SF$4.67
Rent Spread:
-$138/mo (-4.4%) Lower

Comparable Analysis & Questions

How do rental rates at YC Condos compare to neighbouring buildings within Downtown Core?

YC Condos records an average lease rent of $2,932 per month, which aligns closely with the overall competitor average of $2,878 per month alongside benchmark competitors such as Karma, The Gallery, and the Murano towers. Karma (15 Grenville St) reports an average lease rent of $2,618 per month at $4.77 per square foot across an average of 557 square feet. The Gallery (25 Grenville St) records an average lease rent of $2,866 per month at $3.45 per square foot across an average of 838 square feet. Murano - South Tower (38 Grenville St) logs an average lease rent of $3,025 per month at $4.41 per square foot across an average of 691 square feet. Finally, Murano - North Tower (37 Grosvenor St) reports an average lease rent of $3,003 per month at $4.37 per square foot across an average of 692 square feet.

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

YC Condos achieves a value position defined by its modern 2019 construction, trading at an average leased rate of $4.80 per square foot across an average footprint of 627 square feet compared to the broader submarket benchmark of $4.48 per square foot. Renters evaluating YC Condos weigh the benefits of modern layout efficiency, contemporary mechanical systems, lower utility burdens, and high-end interior finishes against older, larger alternatives in the immediate area. For instance, tenants seeking maximum absolute space can opt for The Gallery (built in 1990 at 25 Grenville St), which offers larger average footprints of 838 square feet but trades at a lower rate of $3.45 per square foot, accepting older architectural layouts and dated common elements in exchange for lower square foot costs.

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

YC Condos delivers an extensive lifestyle and amenity profile featuring concierge and security, a gym and fitness centre, a yoga studio, an outdoor pool, a party and lounge room, a rooftop terrace, a dining room and kitchen, meeting rooms, a games and billiards room, and a BBQ area that outpaces several older neighbouring properties. When compared to Karma (15 Grenville St), which includes a sauna, steam room, and media room, YC Condos provides an outdoor pool while both buildings share comprehensive fitness and concierge facilities. Against mature alternatives like The Gallery (25 Grenville St), which offers a squash and racquetball court and a library, YC Condos emphasizes contemporary entertainment and wellness spaces like its outdoor pool, dining room and kitchen, party lounge, and games room. This positioning serves urban professionals and modern renters who prioritize integrated fitness, outdoor relaxation, and premium hosting spaces over traditional recreational courts.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around YC Condos.

Building Amenities

  • BBQ Area
  • Concierge & Security
  • Dining Room & Kitchen
  • Games & Billiards Room
  • Gym & Fitness Centre
  • Meeting Room
  • Outdoor Pool
  • Party & Lounge Room
  • Rooftop Terrace
  • Yoga Studio

Data Methodology & Analytical Standards

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