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Market Data as of August 31, 2026

Lotus — Rental Market Data

7 Kenaston Gdns, North York, Ontario M2K 0E9
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,600

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2018
Total Suites238
DeveloperChestnut Hill Developments & Fortress Real Developments

Lotus at 7 Kenaston Gardens in North York's Don Valley North submarket is a 238-suite residential building completed in 2018 by Chestnut Hill Developments and Fortress Real Developments. As of August 31, 2026, a single unit is actively listed, representing a 0.4 percent availability rate across the tower. Leasing velocity remains brisk: nine leases closed in the trailing 30 days at an average of 33 days on market, and nineteen leases signed over the past 90 days averaged 29 days on market.

The one active listing asks $2,600 per month for a 737-square-foot one-bedroom-plus-den, translating to $3.53 per square foot. Realized 90-day leases at Lotus averaged $2,447 per month at $3.84 per square foot, but those historical suites measured roughly 639 square feet on average. The current listing's larger footprint explains the higher nominal rent even though the per-square-foot asking rate sits below the building's own realized lease rate. Against the Don Valley North submarket asking benchmark of $3.93 per square foot, Lotus's active rate is 10.2 percent more competitive on a per-square-foot basis.

The active listing has been on market for 34 days, slightly above the submarket average of 29 days, suggesting modest leasing deceleration on this particular unit. Across all tracked closed transactions, tenants negotiated an average concession of $32 per month, or 1.25 percent below asking, with 38.1 percent of leases closing under the initial ask. Inventory depth is effectively zero beyond this single one-bedroom-plus-den; renters seeking two-bedroom or multi-bedroom layouts at Lotus will find no current availability and should broaden their search to the 224 other active listings across Don Valley North.

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Active Rental Inventory & Asking Rates

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

Active Units1
-9 (90.0%)
Avg Asking Rent$2,600
+$162 (6.6%)
Avg Suite Size737 sf
+73 sf (11.0%)
Avg Days on Market34d
+14d (68.3%)
Avg Asking $/SF$3.53
-$0.19 (5.2%)

Active Market Insights & Questions

How has rental availability changed at Lotus recently?

Lotus at 7 Kenaston Gardens has exactly one unit actively listed as of August 31, 2026, asking $2,600 per month with both the average and median rent at $2,600. The listing is a 737-square-foot one-bedroom-plus-den priced at $3.53 per square foot, representing 100 percent of the building's available inventory. With only a single compact-to-mid-size entry-level suite on the market, there is no multi-bedroom or executive-tier option currently listed at this address.

What floor plans and unit layouts are currently available at Lotus?

The sole active layout at Lotus is a one-bedroom-plus-den, accounting for 100 percent of available inventory with one listing at $2,600 per month. That single unit spans 737 square feet at $3.53 per square foot, and no other bedroom tier—studio, two-bedroom, or three-bedroom—currently has an active listing. Renters targeting a different layout must look to the broader Don Valley North submarket for alternatives.

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

With only one unit listed at Lotus, the minimum and maximum asking rents are identical at $2,600 per month, producing a zero-dollar and zero-percent spread. The entry-level and peak suite are the same listing: a 737-square-foot one-bedroom-plus-den at $3.53 per square foot. Because no second unit is available to create a price range, the median asking rent also lands at $2,600, and no meaningful spread analysis can be drawn from this single data point.

How much extra do parking spaces and dens cost at Lotus?

Lotus's active den premium and the associated square-footage delta cannot be quantified from the current single-listing sample, as no paired one-bedroom versus one-bedroom-plus-den comparison exists in the active inventory. Parking stall costs at this building also cannot be reliably isolated; the available data reflects an anomalous outlier or insufficient paired sample, so no specific monthly parking fee should be assumed. Prospective renters should request a direct parking quote from the leasing office before signing.

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

Lotus's active asking rent of $2,600 per month sits just $8 below the Don Valley North submarket average asking rent of $2,608, while its $3.53 per square foot rate is 10.2 percent below the submarket asking benchmark of $3.93 per square foot. The modest nominal rent gap narrows further once suite size is factored in: the 737-square-foot Lotus listing is larger than the typical submarket unit, making the per-square-foot comparison the more meaningful metric for value. This single listing represents 1 out of 225 active listings in the Don Valley North submarket, or roughly 0.4 percent of total available 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 Lotus (Data period: For the month of August 2026).

Units Leased9
Avg Leased Price$2,438
Avg Leased Size639 sf
Avg Days to Lease33d
Leased $/SF$3.84

Leased Transaction Insights & Questions

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

Lotus at 7 Kenaston Gardens closed nine leases in the trailing 30 days with an average of 33 days on market, matching the Don Valley North submarket benchmark of 29 DOM almost exactly. Over the 90-day window, 19 leases closed at an average of 29 DOM, and the full-year total stands at 21 transactions. Leasing cadence accelerated sharply from one closing in April to nine in August, indicating a clear pickup in tenant demand rather than a pause or moderation in turnover.

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

Lotus tenants negotiated an average discount of $32 per month (1.25% below asking), translating to $384 in annual savings per unit across tracked leases. Thirty-eight percent of all 21 closed leases settled under the listed asking price, confirming measurable tenant leverage in this submarket. Landlords absorbed the concession on roughly two in five transactions, a pattern consistent with a balanced-to-tenant-favorable rental market in Don Valley North.

What are typical executed lease prices across different layouts at Lotus?

The 1-Bedroom + Den layout dominates Lotus leasing with 13 closed leases at an average of $2,299 per month and 32 DOM, while the 2-Bedroom tier accounts for five leases averaging $2,790 per month at 27 DOM. The 1-Bedroom tier recorded two closings at an average of $1,925 per month (475 sq ft, $4.15 per square foot, 14 DOM), a limited sample that serves as a directional reference only. A single 2-Bedroom + Den lease closed at $3,150 per month (850 sq ft, $3.71 per square foot, 20 DOM); this represents an individual transaction, not a broad statistical benchmark.

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

Lotus parking premiums cannot be reliably isolated from the available lease data, as paired suite-and-parking records are insufficient to calculate a verified monthly add-on. Active listings at the building also show unreliable or outlier parking figures, so no defensible parking premium can be quoted. Tenants should confirm whether parking is bundled into the suite rent or billed separately before signing a lease.

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

Lotus rents trended upward from spring through late summer 2026, climbing from $2,350 in April to $2,438 in August while DOM stretched from 12 to 33 days. June closed four leases at $2,635 per month ($3.76 per square foot, 25 DOM), reflecting a mid-summer pricing peak. July saw seven closings at $2,286 per month but a higher rate of $3.86 per square foot and 28 DOM; the nominal drop reflects compact suite footprints rather than property devaluation. August's nine closings settled at $2,438 per month ($3.84 per square foot, 33 DOM), indicating sustained demand with slightly longer marketing windows.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$2,150
Avg Suite Size650 sf
Avg Days on Market68d
Delisted $/SF$3.31

De-Listed Market Analysis & Questions

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

Lotus recorded one delisted listing in the tracked period, representing an 11.1% delisted-to-leased ratio against trailing 30-day volume (4.8% against lifetime volume). The single listing was terminated by the landlord; no units expired or were suspended. With only one delisted unit, this ratio is a directional friction indicator rather than a structural signal of overpricing or vacancy carry.

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

The single delisted unit at Lotus asked $2,150 per month, which is $288 per month below the realized lease average of $2,421. At $3.31 per square foot versus the $3.82 per square foot realized average, the delisted suite was both smaller in footprint and priced at a lower density rate, yet still failed to lease within the tracked window. This single data point suggests the unit's specific configuration or floor plan, rather than a broad overpricing issue, drove the extended marketing period.

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

The delisted Lotus unit sat on market for 68 days, compared to the 33-day average DOM for realized leases in the trailing 30 days. That 35-day excess represents roughly one month of lost rent at $2,150 per month (approximately $2,508 in carrying cost) plus ongoing condo maintenance fees during the unrented period. As a single-transaction data point, this friction episode is directional rather than indicative of a systemic vacancy carry problem at the building.

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)
2026-04-27524946104.0939
2026-04-28524946104.0940
2026-04-29524946104.0941
2026-04-30524946104.0942
2026-05-01624706004.1236
2026-05-02624706004.1237
2026-05-03624706004.1238
2026-05-04624706004.1239
2026-05-05624706004.1240
2026-05-06624706004.1241
2026-05-07624706004.1242
2026-05-08624706004.1243
2026-05-09624706004.1244
2026-05-10523345903.9735
2026-05-11523345903.9736
2026-05-12523345903.9737
2026-05-13523345903.9738
2026-05-14623626003.9532
2026-05-15623626003.9533
2026-05-16623626003.9534
2026-05-17623626003.9535
2026-05-18623626003.9536
2026-05-19724106073.9832
2026-05-20724106073.9833
2026-05-21724106073.9834
2026-05-22724106073.9835
2026-05-23724106073.9836
2026-05-24724106073.9837
2026-05-25724106073.9838
2026-05-26724106073.9839
2026-05-27724106073.9840
2026-05-28624206173.9343
2026-05-29624206173.9344
2026-05-30723746073.9139
2026-05-31723746073.9140
2026-06-01524346303.8626
2026-06-02725316503.9119
2026-06-03725316503.9120
2026-06-04825966633.9319
2026-06-05825966633.9320
2026-06-06825966633.9321
2026-06-07825966633.9322
2026-06-08825966633.9323
2026-06-09825966633.9324
2026-06-10825966633.9325
2026-06-11825966633.9326
2026-06-12925726503.9724
2026-06-13925726503.9725
2026-06-14925726503.9726
2026-06-15925726503.9727
2026-06-16825816503.9927
2026-06-17825816503.9928
2026-06-18925336503.9126
2026-06-19925336503.9127
2026-06-20925336503.9128
2026-06-21925336503.9129
2026-06-22924226173.9428
2026-06-23924226173.9429
2026-06-241024706303.9327
2026-06-251024706303.9328
2026-06-261024706303.9329
2026-06-271024706303.9330
2026-06-28924226173.9434
2026-06-29924226173.9435
2026-06-30824166133.9529
2026-07-01824166133.9530
2026-07-02724616213.9730
2026-07-03724616213.9731
2026-07-04724616213.9732
2026-07-05724616213.9733
2026-07-06825286503.9230
2026-07-07825286503.9231
2026-07-08825286503.9232
2026-07-091024686403.8826
2026-07-10924816503.8326
2026-07-11924816503.8327
2026-07-12924816503.8328
2026-07-13924816503.8329
2026-07-14924816503.8330
2026-07-15824946633.7731
2026-07-16725366793.7433
2026-07-17824636633.7230
2026-07-18824636633.7231
2026-07-19924616613.7228
2026-07-20725296793.7235
2026-07-21824756753.6631
2026-07-22824756753.6632
2026-07-23924786723.6829
2026-07-24924786723.6830
2026-07-25924786723.6831
2026-07-26924786723.6832
2026-07-27924786723.6833
2026-07-281124356533.7628
2026-07-291224406533.7727
2026-07-301224496613.7322
2026-07-311024396643.7220
2026-08-011024396643.7221
2026-08-021024396643.7222
2026-08-031024396643.7223
2026-08-041024396643.7224
2026-08-051023896353.8122
2026-08-06924216333.8824
2026-08-07924216333.8825
2026-08-08924216333.8826
2026-08-09924216333.8827
2026-08-10824876623.7730
2026-08-11824876623.7731
2026-08-12724426503.7835
2026-08-13724426503.7836
2026-08-14624416503.7838
2026-08-15624416503.7839
2026-08-16624416503.7840
2026-08-17624416503.7841
2026-08-18524496503.7928
2026-08-19524496503.7929
2026-08-20524496503.7930
2026-08-21524496503.7931
2026-08-22524496503.7932
2026-08-23524496503.7933
2026-08-24524496503.7934
2026-08-25325326503.9425
2026-08-26325326503.9426
2026-08-27325326503.9427
2026-08-28126007373.5331
2026-08-29126007373.5332
2026-08-30126007373.5333
2026-08-31126007373.5334

12-Month Market Dynamics & Trend Trajectory

Lotus realized an average lease rent of $2,421 per month and $3.82 per square foot across 21 tracked transactions, sitting 2.6% below the Don Valley North submarket average of $2,483 per month while running 1.1% above the submarket's $3.80 per square foot benchmark. The building's 639-square-foot average suite size positions it as a mid-density product in a submarket where active asking rents average $2,608 per month at $3.93 per square foot, giving Lotus a modest nominal discount but a slight density premium relative to local competition. Pricing discipline at Lotus skews tenant-favorable: 38.1% of leases closed below asking with an average concession of $32 per month (1.25%), yielding $384 in annualized tenant savings per unit. The net negotiation spread of negative $32 per month confirms landlords absorbed measurable concessions on roughly two in five transactions, a pattern consistent with a balanced market where asking prices carry a small buffer above clearing levels rather than reflecting aggressive landlord pricing leverage.

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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
Chart metrics & timeframe
Max 2 selected
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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)
2026-05-31119905503.6242
2026-06-070N/AN/AN/AN/A
2026-06-14124996503.8433
2026-06-21131508503.7120
2026-06-28224506503.7519
2026-07-05123505504.2738
2026-07-12123505504.2733
2026-07-19222256003.7211
2026-07-26224256503.7136
2026-08-02224757503.2923
2026-08-09323836004.0817
2026-08-16123506503.62113
2026-08-23324986214.0429

Nearby Building Rental Comparables & Price Spreads

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

Lotus at 7 Kenaston Gdns occupies a dense competitive cluster of four nearby buildings within 130 metres, spanning completion eras from 2004 to 2020. The Chelsea at 19 Barberry Pl (0.07 km, completed 2004) recorded 5 closed leases over the trailing 180 days; NY Place at 17 Kenaston Gdns (0.07 km, completed 2012) logged 4; Rockefeller on Bayview at 18 Kenaston Gdns (0.12 km, completed 2006) closed 13; and The Village Residences at 591 Sheppard Ave E (0.13 km, completed 2020) led the group with 33 closed leases. Every peer in this set shows active transaction volume, confirming a genuinely liquid micro-market rather than a thin reference pool. Across the four comparables, the blended benchmark averages $2,376 per month, $3.80 per square foot, and 636 square feet of interior space. Lotus's realized lease metrics—$2,421 per month, $3.82 per square foot, and 639 square feet—sit marginally above that composite on every dimension, positioning the building as a mid-premium offering within its immediate Don Valley North submarket. At 238 suites and a 2018 build date, Lotus threads a middle ground between the older 2004-to-2006 stock and the newer 2020 Village Residences, anchoring its value proposition in a European-inspired spa, dedicated yoga studio, and full dining room rather than sheer square-footage scale.

19 Barberry Pl, North York

Avg Asking$2,347/mo
Avg $/SF$3.76
Rent Spread:
-$253/mo (-9.7%) Lower

17 Kenaston Gdns, North York

Avg Asking$2,218/mo
Avg $/SF$3.93
Rent Spread:
-$383/mo (-14.7%) Lower

18 Kenaston Gdns, North York

Avg Asking$2,335/mo
Avg $/SF$3.68
Rent Spread:
-$265/mo (-10.2%) Lower

591 Sheppard Ave E, North York

Avg Asking$2,686/mo
Avg $/SF$3.94
Rent Spread:
+$86/mo (+3.3%) Higher

17 Barberry Pl, North York

Avg Asking$2,430/mo
Avg $/SF$3.85
Rent Spread:
-$170/mo (-6.6%) Lower

2 Rean Dr, North York

Avg Asking$2,837/mo
Avg $/SF$3.48
Rent Spread:
+$237/mo (+9.1%) Higher

Comparable Analysis & Questions

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

Lotus's average realized lease rent of $2,421 per month runs $45 above the four-comp benchmark of $2,376, with The Village Residences at 591 Sheppard Ave E (0.13 km) as the primary upward outlier at $2,641 per month across 33 closed leases. The Chelsea at 19 Barberry Pl (0.07 km, completed 2004) closed 5 leases averaging $2,269 per month at $3.64 per square foot for 630 square feet, placing Lotus $152 higher on a monthly basis. NY Place at 17 Kenaston Gdns (0.07 km, completed 2012) recorded 4 closed leases at $2,250 per month, $3.93 per square foot, and 588 square feet, meaning Lotus commands $171 more per month. Rockefeller on Bayview at 18 Kenaston Gdns (0.12 km, completed 2006) closed 13 leases at $2,343 per month, $3.63 per square foot, and 656 square feet, with Lotus trading $78 higher monthly. The Village Residences at 591 Sheppard Ave E (0.13 km, completed 2020) led volume with 33 closed leases at $2,641 per month, $4.00 per square foot, and 669 square feet, where Lotus trades $220 lower per month.

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

Lotus leases at $3.82 per square foot for an average 639-square-foot suite, placing it slightly above the $3.80 per square foot comp average and below The Village Residences' $4.00 per square foot rate in this Don Valley North pocket. Against NY Place at 17 Kenaston Gdns (0.07 km), Lotus trades at a $0.11 per square foot (2.8%) discount while providing 51 more interior square feet, meaning the $171 higher monthly rent is driven entirely by the larger interior footprint rather than a higher asset valuation per unit of space. Versus The Chelsea at 19 Barberry Pl (0.07 km), Lotus commands a $0.18 per square foot (4.9%) premium and delivers 9 more square feet, so both the rate and the footprint push the monthly figure $152 above the comp. Against Rockefeller on Bayview at 18 Kenaston Gdns (0.12 km), Lotus carries a $0.19 per square foot (5.2%) premium but provides 17 fewer square feet, a trade-off that still yields a $78 higher monthly rent. The Village Residences at 591 Sheppard Ave E (0.13 km) sets the ceiling at $4.00 per square foot for 669 square feet; Lotus trades at a $0.18 per square foot (4.5%) discount and offers 30 fewer square feet, resulting in a $220 lower monthly rent that reflects both the smaller footprint and the more competitive per-square-foot rate.

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

Lotus offers a nine-feature amenity suite headlined by a European-inspired spa, dedicated yoga studio, and full dining room with kitchen—three lifestyle elements absent from every one of its four nearby competitors. The Chelsea at 19 Barberry Pl and NY Place at 17 Kenaston Gdns both provide gym, party lounge, meeting room, and BBQ access but lack any aquatic or spa facility, a dedicated yoga space, or a communal dining kitchen; Rockefeller on Bayview at 18 Kenaston Gdns counters with an indoor pool, hot tub, sauna, and steam room yet omits the yoga studio, dining room, and BBQ area found at Lotus; The Village Residences at 591 Sheppard Ave E adds a golf simulator and rooftop terrace but similarly has no spa, yoga studio, or dining kitchen. The combination of a European-inspired spa, purpose-built yoga studio, and full-service dining room positions Lotus as the wellness-and-community anchor in this Kenaston Gardens cluster, best serving professionals and couples aged 28 to 45 who prioritize on-site recovery, guided movement, and social dining without leaving the building.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Lotus.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Party & Lounge Room
  • Meeting Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • European-Inspired Spa

Data Methodology & Analytical Standards

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

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.