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Market Data as of August 31, 2026

Paxton Place — Rental Market Data

71 Charles St E, Toronto, Ontario M4Y 2T3
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
3-Bedroom+
1
$6,950

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1983
Total Suites100
DeveloperJubilation Holdings

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 Units1
+1 (100.0%)
Avg Asking Rent$6,950
$0
Avg Suite Size2,625 sf
0 sf
Avg Days on Market19d
+7d (19.4%)
Avg Asking $/SF$2.65
$0.00

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).

Delisted Units1
Avg Asking Price$6,950
Avg Suite SizeN/A
Avg Days on Market60d
Delisted $/SF$2.65

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.

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)
2026-04-271790026253.0176
2026-04-291740026252.82N/A
2026-04-301740026252.821
2026-05-011740026252.822
2026-05-021740026252.823
2026-05-031740026252.824
2026-05-041740026252.825
2026-05-051740026252.826
2026-05-061740026252.827
2026-05-071740026252.828
2026-05-081740026252.829
2026-05-091740026252.8210
2026-05-101740026252.8211
2026-05-111740026252.8212
2026-05-121740026252.8213
2026-05-131740026252.8214
2026-05-141740026252.8215
2026-05-152555020002.768
2026-05-162555020002.769
2026-05-172555020002.7610
2026-05-182555020002.7611
2026-05-192555020002.7612
2026-05-202555020002.7613
2026-05-212555020002.7614
2026-05-222555020002.7615
2026-05-232555020002.7616
2026-05-242555020002.7617
2026-05-252555020002.7618
2026-05-261740026252.8227
2026-05-271740026252.8228
2026-05-281740026252.8229
2026-05-291740026252.8230
2026-05-301740026252.8231
2026-05-311740026252.8232
2026-06-011740026252.8233
2026-06-021740026252.8234
2026-06-031740026252.8235
2026-06-041740026252.8236
2026-06-051740026252.8237
2026-06-061740026252.8238
2026-06-071740026252.8239
2026-06-081740026252.8240
2026-06-091740026252.8241
2026-06-101740026252.8242
2026-06-111740026252.8243
2026-06-121740026252.8244
2026-06-131740026252.8245
2026-06-141740026252.8246
2026-06-151740026252.8247
2026-06-161740026252.8248
2026-06-171740026252.8249
2026-06-181740026252.8250
2026-06-191740026252.8251
2026-06-201740026252.8252
2026-06-211740026252.8253
2026-06-221740026252.8254
2026-06-231740026252.8255
2026-06-241740026252.8256
2026-06-251695026252.65N/A
2026-06-261695026252.651
2026-06-271695026252.652
2026-06-281695026252.653
2026-06-291695026252.654
2026-06-301695026252.655
2026-07-011695026252.656
2026-07-021695026252.657
2026-07-031695026252.658
2026-07-041695026252.659
2026-07-051695026252.6510
2026-07-061695026252.6511
2026-07-071695026252.6512
2026-07-081695026252.6513
2026-07-092532519632.757
2026-07-102532519632.758
2026-07-112532519632.759
2026-07-122532519632.7510
2026-07-132532519632.7511
2026-07-142532519632.7512
2026-07-152532519632.7513
2026-07-162532519632.7514
2026-07-172532519632.7515
2026-07-182532519632.7516
2026-07-192532519632.7517
2026-07-201695026252.6525
2026-07-211695026252.6526
2026-07-221695026252.6527
2026-07-231695026252.6528
2026-07-241695026252.6529
2026-07-251695026252.6530
2026-07-261695026252.6531
2026-07-271695026252.6532
2026-07-281695026252.6533
2026-07-291695026252.6534
2026-07-301695026252.6535
2026-07-311695026252.6536
2026-08-011695026252.6537
2026-08-021695026252.6538
2026-08-031695026252.6539
2026-08-041695026252.6540
2026-08-051695026252.6541
2026-08-061695026252.6542
2026-08-071695026252.6543
2026-08-081695026252.6544
2026-08-091695026252.6545
2026-08-101695026252.6546
2026-08-111695026252.6547
2026-08-122695026252.6524
2026-08-132695026252.6525
2026-08-142695026252.6526
2026-08-152695026252.6527
2026-08-162695026252.6528
2026-08-172695026252.6529
2026-08-182695026252.6530
2026-08-192695026252.6531
2026-08-202695026252.6532
2026-08-212695026252.6533
2026-08-222695026252.6534
2026-08-232695026252.6535
2026-08-242695026252.6536
2026-08-252695026252.6537
2026-08-262695026252.6538
2026-08-272695026252.6539
2026-08-282695026252.6540
2026-08-292695026252.6541
2026-08-302695026252.6542
2026-08-312695026252.6543

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.

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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)
2026-05-241370013742.6911
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-191370013002.8511

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.

634 Church Street, Toronto

Avg Asking$2,663/mo
Avg $/SF$4.17
Rent Spread:
-$4,287/mo (-61.7%) Lower

88 Charles Street East, Toronto

Avg Asking$2,175/mo
Avg $/SF$4.07
Rent Spread:
-$4,775/mo (-68.7%) Lower

99 Hayden St, Toronto

Avg Asking$2,625/mo
Avg $/SF$3.78
Rent Spread:
-$4,325/mo (-62.2%) Lower

50 Charles St E, Toronto

Avg Asking$2,748/mo
Avg $/SF$4.99
Rent Spread:
-$4,202/mo (-60.5%) Lower
55C119 m

55 Charles St E, Toronto

Avg Asking$2,877/mo
Avg $/SF$4.39
Rent Spread:
-$4,073/mo (-58.6%) Lower
X2136 m

101 Charles St E, Toronto

Avg Asking$2,886/mo
Avg $/SF$3.99
Rent Spread:
-$4,064/mo (-58.5%) Lower

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

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.