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Market Data as of August 31, 2026

Showcase — Rental Market Data

88 Colgate Ave, Toronto, Ontario M4M 0A6
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,600

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2014
Total Suites230
DeveloperAragon Properties

Showcase at 88 Colgate Ave in Toronto's East submarket is a 230-suite residential building completed in 2014 by Aragon Properties, currently showing one active listing out of 74 available units across the submarket, representing a 0.4 percent availability rate. The building closed two leases in the trailing 30 days at an average of $2,100 per month with a 22-day average time on market, and six leases over the past 90 days averaging $2,371 per month with a 16-day average DOM.

The single active listing asks $2,600 per month at $6.50 per square foot for a 400-square-foot one-bedroom, a rate per square foot that sits well above the 90-day realized lease average of $5.08 per square foot and the all-time lease benchmark of $4.89 per square foot. The active suite's 400-square-foot footprint is notably more compact than the 528-square-foot average seen across tracked historical leases, meaning the higher per-square-foot rate partially offsets the smaller floor plan in nominal monthly terms. Against the submarket asking benchmark of $3.98 per square foot, Showcase's active rate is 63.3 percent higher, a gap driven entirely by the building's compact suite sizing rather than a premium on space.

Marketing friction at Showcase warrants attention: the active listing has sat on market for 67 days, nearly triple the submarket average of 24 days, signaling leasing deceleration despite the building's otherwise tight occupancy. Across tracked closed transactions, tenants negotiated an average discount of $64 per month, or 2.22 percent below asking, with 36.4 percent of leases closing under the initial ask, a pattern that reflects tenant-favorable leverage in this micro-market. Inventory depth is effectively zero beyond the single one-bedroom listing, leaving renters with no multi-bedroom options and minimal choice within the building itself.

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Active Rental Inventory & Asking Rates

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

Active Units1
-3 (75.0%)
Avg Asking Rent$2,600
+$225 (9.5%)
Avg Suite Size400 sf
-37 sf (8.6%)
Avg Days on Market67d
+30d (81.1%)
Avg Asking $/SF$6.50
+$1.01 (18.3%)

Active Market Insights & Questions

How has rental availability changed at Showcase recently?

Showcase at 88 Colgate Ave has one active listing as of August 31, 2026, asking $2,600 per month with both the average and median rent at $2,600. The available suite measures 400 square feet at an asking rate of $6.50 per square foot, and the 100 percent layout share is concentrated in a single one-bedroom unit. With only one listing on the books, inventory is limited to a compact entry-level one-bedroom rather than multi-bedroom executive layouts, and the sample is too thin to establish a meaningful pricing distribution.

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

The sole active layout at Showcase is the one-bedroom, representing 100 percent of available inventory with a single listing. That unit asks $2,600 per month for 400 square feet at $6.50 per square foot, and no two-bedroom, three-bedroom, or studio tiers are currently on the market. Renter choice within the building is therefore restricted to this single compact one-bedroom configuration.

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

Showcase at 88 Colgate Ave shows a minimum and maximum asking rent of $2,600 per month, producing a dollar spread of zero and a percentage spread of zero percent across its one active listing. The entry-level suite is a one-bedroom at 400 square feet and $6.50 per square foot, which is also the peak asking unit since no other layouts are available. With only one unit on the market, the pricing spread cannot be meaningfully differentiated beyond this single data point.

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

Showcase at 88 Colgate Ave does not have a quantified active den premium or square-footage delta, as no den-equipped units are currently listed. Marginal cost per square foot for additional den space therefore cannot be calculated from active inventory. Active parking premiums also cannot be reliably isolated due to an insufficient paired sample, though verified historical lease data indicates a parking stall add-on of $292 per month.

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

Showcase's active asking rent of $2,600 per month sits just below the Toronto East submarket average asking rent of $2,611, while its $6.50 per square foot rate is 63.3 percent above the submarket asking benchmark of $3.98 per square foot. The nominal rent parity masks a significant footprint difference: the active suite at 400 square feet is 256 square feet smaller than the submarket implied average of 656 square feet, meaning the building trades at a higher per-square-foot rate on a more compact floor plan. Showcase represents one out of 74 active listings in the Toronto East submarket, a 1.4 percent share 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 Showcase (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,100
Avg Leased Size528 sf
Avg Days to Lease22d
Leased $/SF$5.25

Leased Transaction Insights & Questions

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

Showcase at 88 Colgate Ave closed 2 leases in the trailing 30 days with an average DOM of 22, compared to a 90-day DOM of 16 and a submarket benchmark of 24 days. Over the trailing 90 days the building logged 6 closed leases, and the full trailing year produced 11 transactions. Leasing cadence moderated from the spring peak of 5 closings in May to 2 per month by July and August, indicating a natural seasonal taper rather than a structural stall.

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

Showcase tenants negotiated an average discount of $64 per month (2.22% below asking), translating to $768 in annual savings per lease. Across the 11 tracked leases, 36.4% closed under the listed asking price, confirming measurable tenant leverage in this submarket. Landlords at Showcase absorbed a modest concession on roughly one in three transactions, a pattern consistent with competitive pressure in Toronto East one-bedroom rentals.

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

Showcase's sole leased layout is the one-bedroom, accounting for 100% of all 11 closed leases at an average rent of $2,539 per month and an average DOM of 20 days. The median landed at $2,675, with the P25–P75 band spanning $2,225 to $2,762. Average suite size ran 528 square feet at $4.89 per square foot. This 11-lease sample constitutes a statistically robust benchmark for the building's one-bedroom pricing corridor.

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

Showcase realized a verified parking premium of $292 per month on leased units, confirming that tenants are paying a distinct monthly add-on for a parking spot. Active listings at the building do not carry a reliably isolable parking figure due to insufficient paired samples, so the $292 verified lease-based premium remains the only defensible reference point. Tenants should expect roughly $292 per month in additional parking costs layered on top of base rent.

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

Showcase rents trended downward from a May peak of $2,740 to an August average of $2,100 across the four-month tracked window. May closed 5 deals at $2,740 per month ($4.67 per square foot, 25 DOM). June followed with 2 closings at $2,800 ($4.45 per square foot, 18 DOM). July recorded 2 deals at $2,213 ($5.53 per square foot, 10 DOM); the nominal rent drop reflects compact suite footprints rather than property devaluation, as the per-square-foot rate actually rose. August closed 2 leases at $2,100 ($5.25 per square foot, 22 DOM), again showing a lower nominal figure driven by smaller average square footage in the mix.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$2,600
Avg Suite Size550 sf
Avg Days on Market97d
Delisted $/SF$4.73

De-Listed Market Analysis & Questions

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

Showcase logged 1 delisted unit in the tracking period, all classified as terminated, for a delisted-to-30-day-leased ratio of 50% and a lifetime ratio of 9.1%. With only one listing pulled from the market, this is a directional friction indicator rather than a systemic vacancy signal. The absence of expired or suspended listings suggests the single termination was a landlord-initiated withdrawal rather than a tenant walk-away.

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

The single delisted unit at Showcase asked $2,600 per month, which is $500 per month (23.8%) above the 30-day realized lease average of $2,100. At $4.73 per square foot for the delisted listing versus $5.25 per square foot for recent 30-day leases, the overpricing is nominal rather than density-driven. This spread signals direct overpricing relative to market-clearing levels in Toronto East one-bedroom demand.

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

The delisted unit at Showcase sat on the market for an average of 97 days, compared to a realized lease DOM of 20 days across the trailing year. That 77-day excess translates to roughly 2.5 months of lost rent at $2,600 per month—approximately $6,667 in foregone revenue—plus ongoing condo maintenance fees during the unrented period. The marketing drag underscores the cost of pricing above the submarket's clearing range.

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)
2026-04-27329175835.0415
2026-04-28329175835.0416
2026-04-29329175835.0417
2026-04-30329175835.0418
2026-05-01329175835.0419
2026-05-02329175835.0420
2026-05-03329175835.0421
2026-05-04329175835.0422
2026-05-05328505505.1814
2026-05-06328505505.1815
2026-05-07328505505.1816
2026-05-08328505505.1817
2026-05-09328505505.1818
2026-05-10328505505.1819
2026-05-11328505505.1820
2026-05-12427885654.9616
2026-05-13427885654.9617
2026-05-14627835764.8612
2026-05-15627835764.8613
2026-05-16627835764.8614
2026-05-17627835764.8615
2026-05-18528005625.0018
2026-05-19528005625.0019
2026-05-20428135655.0018
2026-05-21528505824.9215
2026-05-22528505824.9216
2026-05-23528505824.9217
2026-05-24528505824.9218
2026-05-25528505824.9219
2026-05-26528505824.9220
2026-05-27528505824.9221
2026-05-28427635904.7015
2026-05-29327336034.5416
2026-05-30327336034.5417
2026-05-31327336034.5418
2026-06-01327336034.5419
2026-06-02327336034.5420
2026-06-03126005504.7329
2026-06-04126005504.7330
2026-06-05126005504.7331
2026-06-06126005504.7332
2026-06-07126005504.7333
2026-06-08126005504.7334
2026-06-09126005504.7335
2026-06-10126005504.7336
2026-06-11126005504.7337
2026-06-12126005504.7338
2026-06-13126005504.7339
2026-06-14126005504.7340
2026-06-15126005504.7341
2026-06-16126005504.7342
2026-06-17126005504.7343
2026-06-18126005504.7344
2026-06-19126005504.7345
2026-06-20126005504.7346
2026-06-21126005504.7347
2026-06-22126005504.7348
2026-06-23126005504.7349
2026-06-24126005504.7350
2026-06-25226004755.6126
2026-06-26226004755.6127
2026-06-27226004755.6128
2026-06-28226004755.6129
2026-06-29226004755.6130
2026-06-30226004755.6131
2026-07-01226004755.6132
2026-07-02226004755.6133
2026-07-03226004755.6134
2026-07-04324584505.5523
2026-07-05324584505.5524
2026-07-06324584505.5525
2026-07-07324584505.5526
2026-07-08324584505.5527
2026-07-09324584505.5528
2026-07-10324584505.5529
2026-07-11324584505.5530
2026-07-12324584505.5531
2026-07-13324584505.5532
2026-07-14324584505.5533
2026-07-15324674505.5830
2026-07-16324674505.5831
2026-07-17324674505.5832
2026-07-18324674505.5833
2026-07-19324674505.5834
2026-07-20424134385.5927
2026-07-21424134385.5928
2026-07-22523504305.5223
2026-07-23523504305.5224
2026-07-24523504305.5225
2026-07-25523504305.5226
2026-07-26523504305.5227
2026-07-27523504305.5228
2026-07-28423754385.4934
2026-07-29423754385.4935
2026-07-30423754385.4936
2026-07-31423754385.4937
2026-08-01324334505.4945
2026-08-02324334505.4946
2026-08-03324334505.4947
2026-08-04324334505.4948
2026-08-05324334505.4949
2026-08-06324334505.4950
2026-08-07324334505.4951
2026-08-08324334505.4952
2026-08-09324334505.4953
2026-08-10223504005.8833
2026-08-11223504005.8834
2026-08-12223504005.8835
2026-08-13223504005.8836
2026-08-14223504005.8837
2026-08-15223504005.8838
2026-08-16223504005.8839
2026-08-17126004006.5053
2026-08-18126004006.5054
2026-08-19126004006.5055
2026-08-20126004006.5056
2026-08-21126004006.5057
2026-08-22126004006.5058
2026-08-23126004006.5059
2026-08-24126004006.5060
2026-08-25126004006.5061
2026-08-26126004006.5062
2026-08-27126004006.5063
2026-08-28126004006.5064
2026-08-29126004006.5065
2026-08-30126004006.5066
2026-08-31126004006.5067

12-Month Market Dynamics & Trend Trajectory

Showcase's average realized rent of $2,539 per month sits just 0.9% above the Toronto East submarket average of $2,516, while its $4.89 per square foot rate carries a 20.4% premium over the submarket's $4.06 per square foot benchmark. The building's 528-square-foot average suite is meaningfully smaller than the submarket implied average of 656 square feet, so the per-square-foot premium reflects compact, efficiently laid-out one-bedrooms rather than luxury positioning. Against the submarket's 24-day average DOM, Showcase's 20-day realized DOM indicates slightly faster absorption. Pricing discipline at Showcase skews tenant-favorable: 36.4% of the 11 tracked leases closed below asking, with an average concession of $64 per month (2.22%). The net negotiation spread of -$64 per month and the $768 annualized tenant savings confirm that landlords are yielding modestly to close deals. No leases closed at a premium, and the absence of above-asking transactions reinforces that Showcase operates in a balanced-to-tenant-favorable negotiation environment within Toronto East.

Loading inventory data…

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
Show min/max boundaries

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)
2026-05-03128006504.3128
2026-05-100N/AN/AN/AN/A
2026-05-17226886004.5117
2026-05-24227635505.0232
2026-05-31228006294.4518
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
2026-07-12121754005.4411
2026-07-190N/AN/AN/AN/A
2026-07-26222254005.5613
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-16120004005.0026

Nearby Building Rental Comparables & Price Spreads

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

Showcase at 88 Colgate Ave sits in a tight cluster of four nearby residential buildings within 140 metres, spanning completion eras from 1998 to 2012. Three competitors recorded active lease volume over the trailing 180 days: The Printing Factory at 201 Carlaw Ave (0.11 km, completed 2010) closed three leases, Garment Factory Lofts at 233 Carlaw Ave (0.13 km, completed 2008) closed four, and Wrigley Lofts at 245 Carlaw Ave (0.14 km, completed 1998) closed one. Abode – 53 Colgate at 53 Colgate Ave (0.1 km, completed 2012) recorded zero closed leases in the same window and functions solely as an architectural and amenity reference rather than a pricing benchmark. The active peer set thus represents two structural generations—early-2000s industrial conversions (Wrigley, Garment Factory) and a late-2000s build (Printing Factory)—while Showcase, completed in 2014, is the newest asset in the immediate pocket. The overall comp benchmark across all four buildings averages $2,804 per month in realized rent, $3.64 per square foot, and 860 square feet of interior space. Showcase's all-time leased average of $2,539 per month and $4.89 per square foot places the subject above the comp average on rate per square foot while sitting below it on nominal monthly rent, a gap driven entirely by the subject's compact 528-square-foot average suite versus the 860-square-foot comp mean. Against the Toronto East submarket benchmark of $2,516 per month and $4.06 per square foot, Showcase trades at a modest premium on rate while its smaller footprint keeps the headline rent competitive for cost-conscious one-bedroom renters in this industrial-heritage corridor.

201 Carlaw Ave, Toronto

Avg Asking$2,090/mo
Avg $/SF$3.56
Rent Spread:
-$510/mo (-19.6%) Lower

233 Carlaw Ave, Toronto

Avg Asking$3,590/mo
Avg $/SF$4.74
Rent Spread:
+$990/mo (+38.1%) Higher

245 Carlaw Ave, Toronto

Avg Asking$3,300/mo
Avg $/SF$2.54
Rent Spread:
+$700/mo (+26.9%) Higher
Izone148 m

326 Carlaw Ave, Toronto

Avg Asking$6,000/mo
Avg $/SF$5.58
Rent Spread:
+$3,400/mo (+130.8%) Higher

319 Carlaw Ave, Toronto

Avg Asking$2,200/mo
Avg $/SF$4.23
Rent Spread:
-$400/mo (-15.4%) Lower

899 Queen St E, Toronto

Avg Asking$2,688/mo
Avg $/SF$3.96
Rent Spread:
+$88/mo (+3.4%) Higher

Comparable Analysis & Questions

How do rental rates at Showcase compare to neighbouring buildings within Toronto East?

Showcase's all-time average realized lease rent of $2,539 per month sits $265 below the overall comp benchmark of $2,804 and $23 above the Toronto East submarket average of $2,516. Among active competitors, The Printing Factory at 201 Carlaw Ave (0.11 km, three closed leases) averaged $1,875 per month at $3.41 per square foot across 617 square feet, meaning Showcase commands a $664-per-month higher rent. Garment Factory Lofts at 233 Carlaw Ave (0.13 km, four closed leases) averaged $3,238 per month at $4.96 per square foot over 663 square feet, placing Showcase $699 per month lower. Wrigley Lofts at 245 Carlaw Ave (0.14 km, one closed lease) averaged $3,300 per month at $2.54 per square foot across 1,300 square feet, with Showcase trading $761 per month below that figure. Abode – 53 Colgate at 53 Colgate Ave (0.1 km) recorded zero closed leases over the trailing 180 days and therefore offers no realized rent benchmark for direct comparison.

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

Showcase leases at $4.89 per square foot across an average 528-square-foot suite, positioning it at a premium on rate versus The Printing Factory ($3.41 per square foot) and Wrigley Lofts ($2.54 per square foot) while trading at a slight $0.07-per-square-foot discount below Garment Factory Lofts ($4.96 per square foot). Against The Printing Factory, the subject's $664-per-month higher rent is driven by a 43.4 percent rate premium per square foot rather than additional space, as Showcase actually provides 89 fewer interior square feet. Versus Garment Factory Lofts, the subject's $699-per-month lower rent reflects both a marginally lower per-square-foot rate and 135 fewer square feet of interior area. The sharpest trade-off appears with Wrigley Lofts: despite a 92.5 percent premium on rate per square foot, Showcase's nominal rent is $761 per month lower because the subject provides 772 fewer interior square feet, meaning the lower headline rent is a function of compact footprint rather than weaker asset valuation.

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

Showcase offers a ten-feature lifestyle package including an Artist Exhibition Venue, Games & Billiards Room, Media & Theatre Room, Gym & Fitness Centre, Rooftop Terrace, and BBQ Area, giving it the broadest amenity spread in this immediate four-building cluster. The Printing Factory at 201 Carlaw Ave matches on concierge, gym, party room, meeting room, BBQ, rooftop, and garden but adds a Sauna & Steam Room and Art Gallery & Creative Studio Spaces that Showcase does not replicate; in return, Showcase's dedicated Games & Billiards Room and Media & Theatre Room are absent from the Printing Factory's offering. Garment Factory Lofts at 233 Carlaw Ave provides a Hobby Room and Dining Room & Kitchen not found at Showcase, while Wrigley Lofts at 245 Carlaw Ave carries only four basic amenities (party room, meeting room, BBQ, garden) and lacks any fitness, media, or creative-space programming. Abode – 53 Colgate offers concierge and security alone. The subject's combination of a dedicated artist exhibition venue, billiards/games room, and media/theatre space most directly serves creative professionals and young urban renters who value in-building social and cultural programming alongside standard fitness and remote-work facilities, distinguishing Showcase from the more utilitarian or wellness-focused amenity sets of its Carlaw Avenue neighbours.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Showcase.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Artist Exhibition Venue

Data Methodology & Analytical Standards

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

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.