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Market Data as of August 31, 2026

Max Condos — Rental Market Data

77 Mutual St, Toronto, Ontario M5B 0B9
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,200
Studio
1
$2,100

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2021
Total Suites363
DeveloperTribute Communities

Max Condos at 77 Mutual Street in Toronto's Downtown East submarket is a 363-suite residential tower developed by Tribute Communities and completed in 2021. As of August 31, 2026, two units are actively listed for rent, representing a 0.6 percent availability rate. The building closed 12 leases in the past 30 days at an average of $2,513 per month with a 21-day average time on market, and 38 leases over the trailing 90 days averaging $2,421 per month with a 23-day DOM.

Current active listings carry an average asking rent of $2,150 per month and an average rate of $4.63 per square foot across 475 square feet of suite space. Realized 90-day leases averaged $2,421 per month at $4.40 per square foot across 568 square feet, meaning the two available units are notably more compact than what recently leased. Against the Downtown East submarket asking benchmark of $4.36 per square foot, Max Condos sits 6.2 percent above the neighborhood rate per square foot, even though its nominal monthly rent of $2,150 trails the submarket average of $2,636.

Marketing friction at Max Condos is minimal: the 30-day average DOM of 21 days sits just under the submarket average of 24 days, and no delisted units are on record, indicating zero marketing drag. On the negotiation side, tenants secured an average discount of $18 per month (0.58 percent below asking), with 26 percent of recent leases closing under the listed price. Active inventory is split evenly between one Studio and one 1-Bedroom + Den, so renters face single-unit scarcity in both layout tiers rather than a choice among multiple comparable options.

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Active Rental Inventory & Asking Rates

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

Active Units2
-5 (71.4%)
Avg Asking Rent$2,150
-$389 (15.3%)
Avg Suite Size475 sf
-119 sf (20.0%)
Avg Days on Market32d
+5d (17.9%)
Avg Asking $/SF$4.63
+$0.26 (6.0%)

Active Market Insights & Questions

How has rental availability changed at Max Condos recently?

Max Condos has two active listings as of August 31, 2026, with asking rents ranging from $2,100 to $2,200 per month, an average of $2,150, and a median of $2,150. The two suites average 475 square feet at a combined asking rate of $4.63 per square foot. Inventory is evenly split between a Studio and a 1-Bedroom + Den, so the current availability leans toward compact entry-level and small executive layouts rather than multi-bedroom configurations.

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

The dominant active layout at Max Condos is the 1-Bedroom + Den, with one listing representing 50 percent of available inventory. The Studio tier also holds one unit at 50 percent, asking $2,100 per month across 400 square feet at $5.25 per square foot, while the 1-Bedroom + Den asks $2,200 per month across 550 square feet at $4.00 per square foot. Both tiers are single-listing samples, so neither offers a comparative depth of options for renters.

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

Max Condos shows a $100 spread between its minimum entry rent of $2,100 and peak asking rent of $2,200, a 4.8 percent range across two active listings. The median asking rent sits at $2,150 per month. The entry-level Studio spans 400 square feet at $5.25 per square foot, while the peak 1-Bedroom + Den offers 550 square feet at $4.00 per square foot, meaning the higher-priced suite delivers substantially more living area at a lower rate per square foot.

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

Max Condos does not have a quantified den premium or square-footage delta between den and non-den suites in its current active listings, so the marginal cost of den space cannot be isolated from the available data. Active parking premiums also cannot be reliably determined from the current two-listing sample. However, verified historical leases at this building established a parking stall add-on of $113 per month, which serves as a reasonable benchmark for renters negotiating a spot.

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

Max Condos asks an average of $2,150 per month and $4.63 per square foot, compared to the Downtown East submarket asking averages of $2,636 per month and $4.36 per square foot. The building's lower nominal rent is driven by its compact 475-square-foot average suite size rather than cheaper unit pricing, as its rate per square foot runs 6.2 percent above the submarket benchmark. Max Condos accounts for two of the 192 active listings across the Downtown East submarket, a 1.0 percent share of total neighborhood 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 Max Condos (Data period: For the month of August 2026).

Units Leased12
Avg Leased Price$2,513
Avg Leased Size568 sf
Avg Days to Lease21d
Leased $/SF$4.49

Leased Transaction Insights & Questions

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

Max Condos at 77 Mutual St closed leases in 21 days on average over the trailing 30 days, compared to 23 days over 90 days and a Downtown East submarket benchmark of 24 days. The building logged 12 closed leases in the last 30 days, 38 over 90 days, and 50 over the full trailing year, indicating leasing turnover accelerated through the summer months. The 30-day DOM sits three days faster than the submarket average, confirming Max Condos is leasing at or above the Downtown East pace.

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

Max Condos tenants negotiated an average discount of $18 per month (0.58% below asking), saving renters $216 per year in concessions from landlords. Only 26.0% of closed leases settled under the listed asking price, meaning roughly three in four units transacted at or above the posted rate. This modest tenant leverage reflects a tight Downtown East supply environment where landlords held firm on pricing for most transactions.

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

The two highest-volume anchor layouts at Max Condos are 1-Bedroom suites (18 leases, $2,119/month average, 26 DOM) and 1-Bedroom + Den units (15 leases, $2,226/month average, 22 DOM). Two-Bedroom units closed 9 leases at $2,644/month average (median $2,650, P25–P75 range $2,550–$2,700), averaging 639 sq. ft. at $4.14 per square foot with 24 DOM. Three-Bedroom+ suites recorded 6 leases at $3,475/month average (median $3,500, P25–P75 range $3,462–$3,500), averaging 853 sq. ft. at $4.08 per square foot with 33 DOM. Studio units represent a limited sample of just 2 closed leases at $2,086/month average, 400 sq. ft., and $5.22 per square foot with 20 DOM, serving as a directional reference only.

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

Max Condos realized a verified parking premium of $113 per month on leased transactions, confirming that bundled parking adds measurable value in the Downtown East submarket. Active asking parking data is inconclusive due to an unreliable outlier or insufficient paired sample, so no reliable active-market parking rate can be quoted. The verified $113/month lease-side premium suggests landlords are pricing parking as a modest add-on rather than a luxury amenity.

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

Max Condos rents climbed from $2,250 in April to $2,513 by August 2026, a 11.7% increase over the five-month tracked window. April saw 1 closed deal at $2,250/month ($4.09 per square foot, 16 DOM). May brought 11 deals at $2,372/month ($4.11 per square foot, 33 DOM). June recorded 11 deals at $2,417/month ($4.40 per square foot, 26 DOM). July closed 15 deals at $2,351/month ($4.34 per square foot, 22 DOM). August logged 12 deals at $2,513/month ($4.49 per square foot, 21 DOM), marking the highest average rent and fastest leasing velocity of the period.

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)
2026-04-271523956093.9332
2026-04-281524816303.9329
2026-04-291524816303.9330
2026-04-301724456114.0227
2026-05-011624746154.0526
2026-05-021624746154.0527
2026-05-031624746154.0528
2026-05-041824776054.1526
2026-05-051624305924.1727
2026-05-061824605844.2825
2026-05-071824605844.2826
2026-05-081824575764.3627
2026-05-091824575764.3628
2026-05-101723965594.3727
2026-05-111623835544.4026
2026-05-121524025544.4326
2026-05-131623965444.5225
2026-05-141823795454.4723
2026-05-151923885454.4720
2026-05-161823935394.5319
2026-05-171823935394.5320
2026-05-181823935394.5321
2026-05-191723755334.5523
2026-05-201623795414.4724
2026-05-211623795414.4725
2026-05-221523985514.4227
2026-05-231523985514.4228
2026-05-241523985514.4229
2026-05-251423845444.4532
2026-05-261423845544.3531
2026-05-271624085514.4328
2026-05-281624085514.4329
2026-05-291724015514.4128
2026-05-301724015514.4129
2026-05-311724015514.4130
2026-06-011724015514.4131
2026-06-021724015514.4132
2026-06-031823905514.3932
2026-06-041723545454.3834
2026-06-051723545454.3835
2026-06-061723545454.3836
2026-06-071723545454.3837
2026-06-081523815484.4135
2026-06-091423945484.4438
2026-06-101523795474.4234
2026-06-111724615714.3831
2026-06-121724615714.3832
2026-06-131624715824.3033
2026-06-141724665804.3032
2026-06-151924315714.3230
2026-06-161924285714.3128
2026-06-171724585814.2728
2026-06-181824435804.2527
2026-06-191924575844.2527
2026-06-201924575844.2528
2026-06-211924575844.2529
2026-06-221924625844.2528
2026-06-232024445824.2327
2026-06-241923835684.2329
2026-06-251923835684.2330
2026-06-261524225734.2631
2026-06-271524225734.2632
2026-06-281524225734.2633
2026-06-291524225734.2634
2026-06-301424315754.2728
2026-07-011424315754.2729
2026-07-021224785784.3334
2026-07-031224785784.3335
2026-07-041124855804.3337
2026-07-051025436194.1534
2026-07-061025436194.1535
2026-07-071025436194.1536
2026-07-081124875994.2133
2026-07-091124805994.1924
2026-07-101124805994.1925
2026-07-111224655954.1924
2026-07-121324485914.1823
2026-07-131224525954.1621
2026-07-141124755964.2021
2026-07-151124755964.2022
2026-07-161224525924.1822
2026-07-171024585914.2123
2026-07-181024585914.2124
2026-07-191124255734.3022
2026-07-201123025324.4122
2026-07-211123615414.4418
2026-07-22924315564.4618
2026-07-23924315564.4619
2026-07-24823975444.5019
2026-07-25823975444.5020
2026-07-26925195784.4618
2026-07-27925195784.4619
2026-07-28825726014.3622
2026-07-29825726014.3623
2026-07-30825726014.3624
2026-07-31725395944.3627
2026-08-01623795504.4117
2026-08-02623795504.4118
2026-08-03623795504.4119
2026-08-04725645934.4313
2026-08-05825195884.3812
2026-08-06823755504.4011
2026-08-07823755504.4012
2026-08-08823755504.4013
2026-08-09724145714.2815
2026-08-10624335754.3014
2026-08-11624335754.3015
2026-08-12322005004.5013
2026-08-13222004754.7518
2026-08-14321674504.9212
2026-08-15321674504.9213
2026-08-16321674504.9214
2026-08-17321674504.9215
2026-08-18221504754.6319
2026-08-19321675004.4213
2026-08-20321675004.4214
2026-08-21321675004.4215
2026-08-22321675004.4216
2026-08-23321675004.4217
2026-08-24221504754.6325
2026-08-25221504754.6326
2026-08-26221504754.6327
2026-08-27221504754.6328
2026-08-28221504754.6329
2026-08-29221504754.6330
2026-08-30221504754.6331
2026-08-31221504754.6332

12-Month Market Dynamics & Trend Trajectory

Max Condos has closed 50 leases over its lifetime at an average rent of $2,407 per month and $4.33 per square foot, with suites averaging 568 sq. ft. and a lifetime DOM of 25 days. The building, registered in March 2021 by Tribute Communities, has maintained steady tenant turnover with no extended vacancy carry, and its current 0.6% availability rate reflects a nearly fully occupied 363-suite asset. On pricing discipline, 26.0% of leases closed below asking while the remaining 74% settled at or above the listed rate. The net negotiation spread of $18 per month (0.58%) in favour of tenants represents a modest landlord concession rather than a structural discount, and the annualized impact of $216 per unit per year is well within normal Downtown East negotiation ranges.

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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)
2026-04-26119905503.6256
2026-05-03221505653.8118
2026-05-10425136763.7053
2026-05-17323674835.0516
2026-05-24126506504.0810
2026-05-31130006504.628
2026-06-07422235134.4331
2026-06-14121004005.2521
2026-06-21525206094.1527
2026-06-28322335534.0414
2026-07-05220754005.1922
2026-07-12323335933.9424
2026-07-19525046004.2430
2026-07-26328006354.5538
2026-08-02325675504.8715
2026-08-09624255754.2716
2026-08-16122004005.5012
2026-08-23122005504.005

Nearby Building Rental Comparables & Price Spreads

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

Max Condos at 77 Mutual St sits in a tightly clustered competitive pocket in Toronto's Downtown East submarket, surrounded by four registered buildings within 0.11 kilometres. The nearest rivals are Pace at 159 Dundas St E (0.06 km, completed 2016, 40 closed leases in the trailing 180 days) and Ivy Condos at 65 Mutual St (0.06 km, completed 2024, 31 closed leases). Slightly farther out, Grid Condos at 181 Dundas St E (0.09 km, completed 2018) recorded 90 closed leases over the same period, while 199 Church at 199 Church St (0.11 km, completed 2024) has yet to log any lease transactions in the window. The competitive set spans an eight-year completion range from 2016 to 2024, placing Max Condos—built in 2021—squarely in the middle generation, newer than Pace and Grid but a full three years behind the Ivy and 199 Church cohort. Across the four comparables, the micro-market averages $2,478 per month in realized lease rent, $4.10 per square foot, and 612 square feet of average suite size. Max Condos' all-time leased average of $2,407 per month and $4.33 per square foot on 568 square feet positions the building as a slightly smaller, slightly more expensive-per-foot product than the comp median. Against the Downtown East submarket benchmark of $2,429 per month and $4.23 per square foot, Max Condos trades at a modest premium on both rent and rate, a spread that reflects its 2021 build date, Tribute Communities ownership, and a 363-suite scale that gives it meaningful volume leverage in a submarket with 192 active listings.

Pace62 m

159 Dundas St E, Toronto

Avg Asking$2,543/mo
Avg $/SF$3.98
Rent Spread:
+$393/mo (+18.3%) Higher

65 Mutual St, Toronto

Avg Asking$2,500/mo
Avg $/SF$4.07
Rent Spread:
+$350/mo (+16.3%) Higher

181 Dundas St E, Toronto

Avg Asking$2,284/mo
Avg $/SF$4.07
Rent Spread:
+$134/mo (+6.2%) Higher
Boot116 m

75 Dalhousie St, Toronto

Avg Asking$3,215/mo
Avg $/SF$3.48
Rent Spread:
+$1,065/mo (+49.5%) Higher

100 Dalhousie St, Toronto

Avg Asking$2,579/mo
Avg $/SF$4.10
Rent Spread:
+$429/mo (+20.0%) Higher

82 Dalhousie Street, Toronto

Avg Asking$2,422/mo
Avg $/SF$4.54
Rent Spread:
+$272/mo (+12.6%) Higher

Comparable Analysis & Questions

How do rental rates at Max Condos compare to neighbouring buildings within Downtown East?

Max Condos' all-time average lease rent of $2,407 per month sits $71 below the four-comp average of $2,478, yet the spread narrows or inverts depending on which neighbour you benchmark against. Pace at 159 Dundas St E (0.06 km) closed leases averaging $2,544 per month at $3.93 per square foot on 649 square feet, putting Max Condos $137 and 5.4% below that mark. Ivy Condos at 65 Mutual St (0.06 km) ran $2,596 per month at $4.24 per square foot on 624 square feet, a $189 or 7.3% gap in Ivy's favour. Grid Condos at 181 Dundas St E (0.09 km) posted the lowest comp rent at $2,294 per month and $4.13 per square foot on 563 square feet, meaning Max Condos actually commands a $113 or 4.9% premium over Grid. 199 Church at 199 Church St (0.11 km) has no closed-lease data yet, so no rent comparison is available for that property.

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

Max Condos leases at $4.33 per square foot on an average 568-square-foot suite, a rate that runs above the submarket leased benchmark of $4.23 per square foot and above every active comp except where the subject's smaller footprint compresses the absolute dollar figure. Against Pace, the subject trades at a $0.40 per square foot (10.2%) premium while delivering 81 fewer interior square feet, so renters pay more per foot for a noticeably tighter layout. Versus Ivy Condos, the premium narrows to $0.09 per square foot (2.1%) with 56 fewer square feet, a closer value trade-off. Grid Condos is the one comp where Max Condos is actually larger—5 more square feet—yet still commands a $0.20 per square foot (4.8%) premium, reflecting the building's 2021 build date and Tribute Communities management. The practical trade-off for a renter is clear: you are paying a small per-foot premium for a newer, professionally managed product, but you are giving up 56 to 81 square feet of interior space compared to Pace and Ivy, which is the single most consequential decision factor in this micro-market.

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

Max Condos' amenity stack leans heavily toward indoor productivity and social programming, a deliberate contrast to the outdoor-recreation and pet-focused packages at several nearby competitors. The building's dedicated Business Centre is absent from Pace at 159 Dundas St E, and its separate Meeting Room is missing from both Pace and Ivy Condos at 65 Mutual St—two buildings where a remote worker would have to book a co-working space off-site. The Media & Theatre Room distinguishes Max Condos from 199 Church at 199 Church St, which offers no equivalent screening or entertainment suite. Games & Billiards Room is a feature Grid Condos at 181 Dundas St E does not carry, and the subject's combined Dining Room & Kitchen plus Party & Lounge Room pairing gives it a more layered social floor than Grid's Spin Studio–centric fitness offering. Where the subject does trail, Pace's Outdoor Pool and Sauna & Steam Room, Ivy's EV Charging Station and Pet Wash Station, and 199 Church's Dog Run are amenities a Max Condos tenant would need to source externally. The lifestyle package is best suited to young professionals aged 25 to 38 who work hybrid or fully remote, value a walkable Dundas-and-Mutual corridor, and prioritize a built-in business centre, meeting room, and indoor social spaces over outdoor pools or pet-care facilities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Max Condos.

Building Amenities

  • Concierge & Security
  • Business Centre
  • Gym & Fitness Centre
  • Yoga Studio
  • Library & Reading Room
  • Media & Theatre Room
  • Party & Lounge Room
  • Dining Room & Kitchen
  • Rooftop Terrace
  • BBQ Area
  • Games & Billiards Room
  • Meeting Room

Data Methodology & Analytical Standards

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