The 88 on Broadway — Rental Market Data

The 88 on Broadway has exactly one unit actively listed as of August 31, 2026, asking $2,750 per month with both the average and median rent at that same figure. The available suite spans 650 square feet at $4.23 per square foot, and it is a one-bedroom-plus-den layout representing 100 percent of current active inventory. With only a single listing, the building's available stock leans entirely toward a compact entry-level-plus configuration rather than multi-bedroom executive layouts.

The sole active layout at The 88 on Broadway is a one-bedroom-plus-den, accounting for 100 percent of the building's one available unit. That single listing asks $2,750 per month for 650 square feet at $4.23 per square foot, and no other bedroom tier—whether studio, two-bedroom, or three-bedroom—currently holds an active listing. Renters seeking a different configuration must turn to the broader North Midtown submarket, which holds 231 additional active listings.

The 88 on Broadway's active pricing spread is $0, with both the minimum and peak asking rent at $2,750 per month, reflecting a single-listing inventory where no spread can be calculated. The entry-level and peak suite are the same unit: a one-bedroom-plus-den at 650 square feet and $4.23 per square foot. Because only one listing exists, there is no internal price gradient to compare, and the median asking rent of $2,750 simply mirrors the sole data point.

The 88 on Broadway's active den premium and associated square-footage delta cannot be quantified from the current single-listing sample, as no paired comparison between den and non-den suites is available. Marginal cost per square foot for the den space therefore remains uncalculated. On parking, active premium data is inconclusive due to an insufficient paired sample or anomalous outlier; however, historical lease records confirm a verified parking stall add-on of $325 per month.

The 88 on Broadway's active asking rent of $2,750 per month sits $53 below the North Midtown submarket average asking rent of $2,803, while its $4.23 per square foot rate is 0.9 percent under the submarket asking benchmark of $4.27 per square foot. The nominal rent gap narrows when accounting for suite size: the building's 650-square-foot active listing is only 6 square feet smaller than the submarket implied average footprint of 656 square feet, meaning the per-square-foot comparison is the more accurate lens. The 88 on Broadway currently represents one out of 232 active listings in the North Midtown submarket, a 0.4 percent share of total available inventory.

The 88 on Broadway's all-time average realized lease rent of $2,804 per month runs $399 above the four-comp benchmark of $2,405 per month, with the spread driven primarily by the building's larger suite footprints rather than a per-square-foot premium. 220 Redpath Avenue (220 Redpath Avenue, 0.01 km, one closed lease) averaged $1,800 per month at $3.27 per square foot across 550 square feet, placing the subject $1,004 higher on nominal rent. The Corner on Broadway (223 Redpath Avenue, 0.03 km, 14 closed leases) averaged $3,009 per month at $4.68 per square foot across 646 square feet, meaning the subject trades $205 lower on monthly rent despite offering 77 more square feet. The Parker (200 Redpath Avenue, 0.07 km, two closed leases) averaged $2,513 per month at $4.57 per square foot across 550 square feet, with the subject commanding $291 more per month. Untitled Toronto (110-120 Broadway Avenue, 0.07 km, 53 closed leases) averaged $2,299 per month at $4.47 per square foot across 525 square feet, placing the subject $505 higher on realized rent.

The 88 on Broadway leases at $3.93 per square foot across 723 square feet of average suite area, a rate 6.4% below the four-comp average of $4.25 per square foot and 6.2% below the North Midtown submarket leased benchmark of $4.19 per square foot, while delivering 155 more square feet than the comp average of 568. Against The Corner on Broadway (0.03 km, 14 closed leases), the subject trades at a $0.75 per square foot (16.0%) discount and provides 77 more interior square feet, so the $205 lower monthly rent reflects the comp's higher per-square-foot pricing rather than a smaller unit. Versus The Parker (0.07 km, two closed leases), the subject offers a $0.64 per square foot (14.0%) discount and 173 more square feet, yet still realizes $291 more per month because the larger footprint more than offsets the lower rate. Against Untitled Toronto (0.07 km, 53 closed leases), the subject trades at a $0.54 per square foot (12.1%) discount with 198 additional square feet, producing a $505 higher nominal rent that is entirely a function of interior volume. Compared with 220 Redpath Avenue (0.01 km, one closed lease), the subject commands a $0.66 per square foot (20.2%) premium and provides 173 more square feet, yielding a $1,004 higher monthly rent.

The 88 on Broadway offers a 15-feature amenity suite spanning aquatic wellness (indoor pool, hot tub and jacuzzi, sauna and steam room), social and recreational spaces (party lounge, games and billiards room, media and theatre room, dining room and kitchen), a library and reading room, a rooftop terrace, garden courtyard, children's playground, BBQ area, gym and fitness centre, meeting room, and concierge with security. The Library & Reading Room is unique to the subject within this immediate peer set—none of the four comparables offer a dedicated quiet study or reading space. The indoor pool, hot tub and jacuzzi, and sauna and steam room are shared only with Untitled Toronto (110-120 Broadway Avenue), while The Corner on Broadway (223 Redpath Avenue) substitutes a yoga studio and business centre, and The Parker (200 Redpath Avenue) pivots toward pet amenities (dog run, pet wash station), a bowling alley, and a café and bar. 220 Redpath Avenue (220 Redpath Avenue) provides no common lifestyle or recreational facilities whatsoever, operating as a bare-bones residential building. The 88 on Broadway's combination of full aquatic wellness, a dedicated library, and above-average suite sizes at a below-market per-square-foot rate is best suited to mid-career professionals and small families who prioritize a full-service residential experience with wellness and social amenities over the compact, amenity-light, or pet-centric packages offered by the newer 2022-to-2025 builds in the immediate pocket.