Market Data as of August 31, 2026
Paxton Place — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Paxton Place at 71 Charles St E in Toronto's Cabbagetown neighborhood is an established residential building developed by Jubilation Holdings in 1983, featuring 100 total suites with 1 active listing representing a 1 percent availability rate. Over the past 90 days, the building recorded 1 closed lease with an average days on market of 11 days, while the 30-day window recorded 0 closed leases and an unmeasured days on market.
Active asking rent sits at $6,950 per month at $2.65 per square foot, which compares to recent 90-day realized leases averaging $3,700 per month at $2.85 per square foot, while active suite sizes average 2,625 square feet compared to historical leases averaging 1,337 square feet. The active asking rate of $2.65 per square foot runs significantly below the submarket asking benchmark of $4.33 per square foot.
Marketing friction shows an average closed days on market of 11 days compared to a delisted average of 60 days, with 100 percent of leases closing exactly at asking price under balanced market leverage. Inventory availability is constrained to a single 3-Bedroom+ configuration offering deep square footage selection, while smaller layout tiers currently exhibit zero units available for lease.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Paxton Place as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Paxton Place recently?
Paxton Place maintains 1 active listing as of August 31, 2026, with an asking price range, average rent, and median rent per month all fixed at $6,950 per month. Active units average 2,625 square feet with an asking rate of $2.65 per square foot, consisting entirely of 3-Bedroom+ layouts that position the current inventory strictly toward multi-bedroom executive configurations.
What floor plans and unit layouts are currently available at Paxton Place?
The dominant active layout at Paxton Place is the 3-Bedroom+ tier, which accounts for 1 listing and a 100 percent inventory share. This single active layout features an average rent of $6,950 per month, an average size of 2,625 square feet, and an asking rate of $2.65 per square foot. There are zero units currently available across all other bedroom configurations.
What is the average asking rent and $/SF by suite size at Paxton Place?
Paxton Place records a minimum entry rent and peak asking rent of $6,950 per month, resulting in a dollar spread of $0 per month and a percentage spread of 0 percent. The median asking rent matches this exact figure at $6,950 per month. The entry-level suite consists of a 3-Bedroom+ layout spanning 2,625 square feet at $2.65 per square foot, which mirrors the peak suite configuration identically.
How much extra do parking spaces and dens cost at Paxton Place?
Paxton Place has insufficient paired sample data to isolate active den premiums, meaning den square footage deltas and marginal per square foot costs cannot be reliably quantified. Active parking stall costs are similarly unisolatable due to an unreliable outlier or insufficient paired sample status.
How do asking rents at Paxton Place compare to local and municipal benchmarks?
Paxton Place asks $6,950 per month at $2.65 per square foot, comparing against submarket averages of $3,178 per month and $4.33 per square foot. The lower nominal monthly rent variance is driven by expansive suite sizing averaging 2,625 square feet, resulting in a rate per square foot running 38.8 percent below the submarket asking benchmark while the building commands a 0.9 percent share of total submarket inventory.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Paxton Place (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Paxton Place, and what was their re-listing price compared to previous asking?
At Paxton Place, 1 total unit was delisted, representing a 50% delisted-to-lifetime-leased ratio comprised entirely of 1 terminated listing. This establishes a market health ratio of 1 pulled listing for every 2 successful leases executed in the building.
How do asking prices on de-listed suites compare to executed leases and active listings at Paxton Place?
At Paxton Place, unrented units asked an average of $6,950 per month, exhibiting a nominal asking price difference that reflects larger floor plans rather than direct rate inflation. Unrented listings recorded an average rate of $2.65 per square foot, aligning closely with realized lease benchmarks of $2.77 per square foot.
What market friction causes rental listings to stall or de-list at Paxton Place?
At Paxton Place, delisted units recorded an average days on market of 60 days, compared to a realized lease days on market of 11 days. This 49-day excess marketing window translates directly into over 1.6 months of lost rental income plus ongoing monthly condo maintenance fees absorbed by the landlord before the listing was pulled.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 1 | 7900 | 2625 | 3.01 | 76 |
| 2026-04-29 | 1 | 7400 | 2625 | 2.82 | N/A |
| 2026-04-30 | 1 | 7400 | 2625 | 2.82 | 1 |
| 2026-05-01 | 1 | 7400 | 2625 | 2.82 | 2 |
| 2026-05-02 | 1 | 7400 | 2625 | 2.82 | 3 |
| 2026-05-03 | 1 | 7400 | 2625 | 2.82 | 4 |
| 2026-05-04 | 1 | 7400 | 2625 | 2.82 | 5 |
| 2026-05-05 | 1 | 7400 | 2625 | 2.82 | 6 |
| 2026-05-06 | 1 | 7400 | 2625 | 2.82 | 7 |
| 2026-05-07 | 1 | 7400 | 2625 | 2.82 | 8 |
| 2026-05-08 | 1 | 7400 | 2625 | 2.82 | 9 |
| 2026-05-09 | 1 | 7400 | 2625 | 2.82 | 10 |
| 2026-05-10 | 1 | 7400 | 2625 | 2.82 | 11 |
| 2026-05-11 | 1 | 7400 | 2625 | 2.82 | 12 |
| 2026-05-12 | 1 | 7400 | 2625 | 2.82 | 13 |
| 2026-05-13 | 1 | 7400 | 2625 | 2.82 | 14 |
| 2026-05-14 | 1 | 7400 | 2625 | 2.82 | 15 |
| 2026-05-15 | 2 | 5550 | 2000 | 2.76 | 8 |
| 2026-05-16 | 2 | 5550 | 2000 | 2.76 | 9 |
| 2026-05-17 | 2 | 5550 | 2000 | 2.76 | 10 |
| 2026-05-18 | 2 | 5550 | 2000 | 2.76 | 11 |
| 2026-05-19 | 2 | 5550 | 2000 | 2.76 | 12 |
| 2026-05-20 | 2 | 5550 | 2000 | 2.76 | 13 |
| 2026-05-21 | 2 | 5550 | 2000 | 2.76 | 14 |
| 2026-05-22 | 2 | 5550 | 2000 | 2.76 | 15 |
| 2026-05-23 | 2 | 5550 | 2000 | 2.76 | 16 |
| 2026-05-24 | 2 | 5550 | 2000 | 2.76 | 17 |
| 2026-05-25 | 2 | 5550 | 2000 | 2.76 | 18 |
| 2026-05-26 | 1 | 7400 | 2625 | 2.82 | 27 |
| 2026-05-27 | 1 | 7400 | 2625 | 2.82 | 28 |
| 2026-05-28 | 1 | 7400 | 2625 | 2.82 | 29 |
| 2026-05-29 | 1 | 7400 | 2625 | 2.82 | 30 |
| 2026-05-30 | 1 | 7400 | 2625 | 2.82 | 31 |
| 2026-05-31 | 1 | 7400 | 2625 | 2.82 | 32 |
| 2026-06-01 | 1 | 7400 | 2625 | 2.82 | 33 |
| 2026-06-02 | 1 | 7400 | 2625 | 2.82 | 34 |
| 2026-06-03 | 1 | 7400 | 2625 | 2.82 | 35 |
| 2026-06-04 | 1 | 7400 | 2625 | 2.82 | 36 |
| 2026-06-05 | 1 | 7400 | 2625 | 2.82 | 37 |
| 2026-06-06 | 1 | 7400 | 2625 | 2.82 | 38 |
| 2026-06-07 | 1 | 7400 | 2625 | 2.82 | 39 |
| 2026-06-08 | 1 | 7400 | 2625 | 2.82 | 40 |
| 2026-06-09 | 1 | 7400 | 2625 | 2.82 | 41 |
| 2026-06-10 | 1 | 7400 | 2625 | 2.82 | 42 |
| 2026-06-11 | 1 | 7400 | 2625 | 2.82 | 43 |
| 2026-06-12 | 1 | 7400 | 2625 | 2.82 | 44 |
| 2026-06-13 | 1 | 7400 | 2625 | 2.82 | 45 |
| 2026-06-14 | 1 | 7400 | 2625 | 2.82 | 46 |
| 2026-06-15 | 1 | 7400 | 2625 | 2.82 | 47 |
| 2026-06-16 | 1 | 7400 | 2625 | 2.82 | 48 |
| 2026-06-17 | 1 | 7400 | 2625 | 2.82 | 49 |
| 2026-06-18 | 1 | 7400 | 2625 | 2.82 | 50 |
| 2026-06-19 | 1 | 7400 | 2625 | 2.82 | 51 |
| 2026-06-20 | 1 | 7400 | 2625 | 2.82 | 52 |
| 2026-06-21 | 1 | 7400 | 2625 | 2.82 | 53 |
| 2026-06-22 | 1 | 7400 | 2625 | 2.82 | 54 |
| 2026-06-23 | 1 | 7400 | 2625 | 2.82 | 55 |
| 2026-06-24 | 1 | 7400 | 2625 | 2.82 | 56 |
| 2026-06-25 | 1 | 6950 | 2625 | 2.65 | N/A |
| 2026-06-26 | 1 | 6950 | 2625 | 2.65 | 1 |
| 2026-06-27 | 1 | 6950 | 2625 | 2.65 | 2 |
| 2026-06-28 | 1 | 6950 | 2625 | 2.65 | 3 |
| 2026-06-29 | 1 | 6950 | 2625 | 2.65 | 4 |
| 2026-06-30 | 1 | 6950 | 2625 | 2.65 | 5 |
| 2026-07-01 | 1 | 6950 | 2625 | 2.65 | 6 |
| 2026-07-02 | 1 | 6950 | 2625 | 2.65 | 7 |
| 2026-07-03 | 1 | 6950 | 2625 | 2.65 | 8 |
| 2026-07-04 | 1 | 6950 | 2625 | 2.65 | 9 |
| 2026-07-05 | 1 | 6950 | 2625 | 2.65 | 10 |
| 2026-07-06 | 1 | 6950 | 2625 | 2.65 | 11 |
| 2026-07-07 | 1 | 6950 | 2625 | 2.65 | 12 |
| 2026-07-08 | 1 | 6950 | 2625 | 2.65 | 13 |
| 2026-07-09 | 2 | 5325 | 1963 | 2.75 | 7 |
| 2026-07-10 | 2 | 5325 | 1963 | 2.75 | 8 |
| 2026-07-11 | 2 | 5325 | 1963 | 2.75 | 9 |
| 2026-07-12 | 2 | 5325 | 1963 | 2.75 | 10 |
| 2026-07-13 | 2 | 5325 | 1963 | 2.75 | 11 |
| 2026-07-14 | 2 | 5325 | 1963 | 2.75 | 12 |
| 2026-07-15 | 2 | 5325 | 1963 | 2.75 | 13 |
| 2026-07-16 | 2 | 5325 | 1963 | 2.75 | 14 |
| 2026-07-17 | 2 | 5325 | 1963 | 2.75 | 15 |
| 2026-07-18 | 2 | 5325 | 1963 | 2.75 | 16 |
| 2026-07-19 | 2 | 5325 | 1963 | 2.75 | 17 |
| 2026-07-20 | 1 | 6950 | 2625 | 2.65 | 25 |
| 2026-07-21 | 1 | 6950 | 2625 | 2.65 | 26 |
| 2026-07-22 | 1 | 6950 | 2625 | 2.65 | 27 |
| 2026-07-23 | 1 | 6950 | 2625 | 2.65 | 28 |
| 2026-07-24 | 1 | 6950 | 2625 | 2.65 | 29 |
| 2026-07-25 | 1 | 6950 | 2625 | 2.65 | 30 |
| 2026-07-26 | 1 | 6950 | 2625 | 2.65 | 31 |
| 2026-07-27 | 1 | 6950 | 2625 | 2.65 | 32 |
| 2026-07-28 | 1 | 6950 | 2625 | 2.65 | 33 |
| 2026-07-29 | 1 | 6950 | 2625 | 2.65 | 34 |
| 2026-07-30 | 1 | 6950 | 2625 | 2.65 | 35 |
| 2026-07-31 | 1 | 6950 | 2625 | 2.65 | 36 |
| 2026-08-01 | 1 | 6950 | 2625 | 2.65 | 37 |
| 2026-08-02 | 1 | 6950 | 2625 | 2.65 | 38 |
| 2026-08-03 | 1 | 6950 | 2625 | 2.65 | 39 |
| 2026-08-04 | 1 | 6950 | 2625 | 2.65 | 40 |
| 2026-08-05 | 1 | 6950 | 2625 | 2.65 | 41 |
| 2026-08-06 | 1 | 6950 | 2625 | 2.65 | 42 |
| 2026-08-07 | 1 | 6950 | 2625 | 2.65 | 43 |
| 2026-08-08 | 1 | 6950 | 2625 | 2.65 | 44 |
| 2026-08-09 | 1 | 6950 | 2625 | 2.65 | 45 |
| 2026-08-10 | 1 | 6950 | 2625 | 2.65 | 46 |
| 2026-08-11 | 1 | 6950 | 2625 | 2.65 | 47 |
| 2026-08-12 | 2 | 6950 | 2625 | 2.65 | 24 |
| 2026-08-13 | 2 | 6950 | 2625 | 2.65 | 25 |
| 2026-08-14 | 2 | 6950 | 2625 | 2.65 | 26 |
| 2026-08-15 | 2 | 6950 | 2625 | 2.65 | 27 |
| 2026-08-16 | 2 | 6950 | 2625 | 2.65 | 28 |
| 2026-08-17 | 2 | 6950 | 2625 | 2.65 | 29 |
| 2026-08-18 | 2 | 6950 | 2625 | 2.65 | 30 |
| 2026-08-19 | 2 | 6950 | 2625 | 2.65 | 31 |
| 2026-08-20 | 2 | 6950 | 2625 | 2.65 | 32 |
| 2026-08-21 | 2 | 6950 | 2625 | 2.65 | 33 |
| 2026-08-22 | 2 | 6950 | 2625 | 2.65 | 34 |
| 2026-08-23 | 2 | 6950 | 2625 | 2.65 | 35 |
| 2026-08-24 | 2 | 6950 | 2625 | 2.65 | 36 |
| 2026-08-25 | 2 | 6950 | 2625 | 2.65 | 37 |
| 2026-08-26 | 2 | 6950 | 2625 | 2.65 | 38 |
| 2026-08-27 | 2 | 6950 | 2625 | 2.65 | 39 |
| 2026-08-28 | 2 | 6950 | 2625 | 2.65 | 40 |
| 2026-08-29 | 2 | 6950 | 2625 | 2.65 | 41 |
| 2026-08-30 | 2 | 6950 | 2625 | 2.65 | 42 |
| 2026-08-31 | 2 | 6950 | 2625 | 2.65 | 43 |
12-Month Market Dynamics & Trend Trajectory
Paxton Place at 71 Charles St E has recorded a lifetime leasing volume of 2 transactions with an average monthly rent of $3,700 per month and an average rate of $2.77 per square foot across an average suite size of 1,337 square feet and an average days on market of 11 days. Tenant turnover remained rapid, reflecting steady demand for large floor plans within the Cabbagetown submarket since completion in 1983. Pricing discipline at the building remained anchored to asking expectations, with 100% of transactions closing exactly at the listed price. Net negotiation spreads registered at zero, reflecting a balanced market leverage environment where neither landlords nor tenants held distinct pricing advantages.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-24 | 1 | 3700 | 1374 | 2.69 | 11 |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 1 | 3700 | 1300 | 2.85 | 11 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Paxton Place at 71 Charles St E competes directly with a cluster of infill and established residential buildings in the immediate Cabbagetown micro-market, including The Charles at Church located 0.07 kilometers away (built in 2021 with 97 active closed leases), The Waldorf Astoria Lofts at 88 Charles Street East located 0.09 kilometers away (built in 1990 with 5 active closed leases), 99 Hayden St located 0.11 kilometers away (built in 1999 with 1 active closed lease), and 55C at 55 Charles St E located 0.12 kilometers away (built in 2024 with 78 active closed leases). These properties represent starkly different structural eras, contrasting Paxton Place, which was built in 1983, against modern high-rises delivered in the 2020s and lofts from the 1990s. Across this competitive set, the overall comp average rent sits at $2,423 per month with an average rate of $3.99 per square foot across an average suite size of 613 square feet. Paxton Place operates as a mature, larger-format alternative within this dense urban pocket, offering substantial interior square footage that trades at a lower relative rate per square foot compared to the newer, more compact footprints found in surrounding mid-rise and high-rise developments.
Comparable Analysis & Questions
How do rental rates at Paxton Place compare to neighbouring buildings within Cabbagetown?
Paxton Place leases at an average rent of $3,700 per month, comparing against an overall comp average of $2,423 per month across key nearby competitor benchmarks like The Charles at Church and 55C. Individual competitor leasing metrics include The Charles at Church (634 Church Street) at an average lease rent of $2,620 per month, $4.03 per square foot, and 655 square feet; The Waldorf Astoria Lofts (88 Charles Street East) at an average lease rent of $2,140 per month, $4.03 per square foot, and 540 square feet; 99 Hayden (99 Hayden St) at an average lease rent of $2,100 per month, $3.55 per square foot, and 592 square feet; and 55C (55 Charles St E) at an average lease rent of $2,831 per month, $4.33 per square foot, and 664 square feet.
Does Paxton Place offer a competitive price-per-square-foot ($/SF) against local comparables?
Paxton Place establishes its value position through expansive, larger-format layouts that offer significantly lower rates per square foot than modern micro-condos, trading well below the submarket average of $4.23 per square foot. Renters at Paxton Place evaluate trade-offs centered on traditional, house-sized footprints averaging 1,337 square feet that deliver much lower square-foot costs—such as active large units asking $2.65 per square foot—in exchange for building age and classic finishes. This contrasts with nearby alternatives like 55C at $4.33 per square foot across 664 square feet, The Charles at Church at $4.03 per square foot across 655 square feet, The Waldorf Astoria Lofts at $4.03 per square foot across 540 square feet, and 99 Hayden at $3.55 per square foot across 592 square feet.
How do building age, amenities, and developer reputation impact rent spreads?
Paxton Place delivers a comprehensive residential lifestyle featuring an indoor pool, a rooftop terrace, a sauna and steam room, a gym and fitness centre, and a pet wash station. These offerings match or exceed the amenity packages found in neighboring buildings, contrasting with The Charles at Church which features a yoga studio, media room, and dog run, and 55C which incorporates a spin studio, business centre, and outdoor firepits. Meanwhile, peers like The Waldorf Astoria Lofts provide a garden and courtyard alongside standard fitness spaces, positioning Paxton Place well for families and space-conscious renters seeking full-service building infrastructure without sacrificing square footage.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Paxton Place.
Building Amenities
- Concierge & Security
- Indoor Pool
- Sauna & Steam Room
- Party & Lounge Room
- Rooftop Terrace
- BBQ Area
- Gym & Fitness Centre
- Pet Wash Station
Residential Buildings in the Vicinity
- The Charles at Church72 m
- The Waldorf Astoria Lofts86 m
- 99 Hayden109 m
- Casa III116 m
- 55C119 m
- X2136 m
- Churchill Apartments140 m
- Bloor Walk141 m
- Chaz Yorkville146 m
- Casa II152 m
- X - The Condominium172 m
- 55 Isabella184 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Paxton Place.
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.
