Market Data as of August 31, 2026
The Florian — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
The Florian at 88 Davenport Road in Toronto's Bloor-Yorkville submarket is a 98-suite residential building completed in 2013 by Diamante Development Corporation. As of August 31, 2026, one unit is actively listed, representing a 1 percent availability rate. Leasing activity has been modest but consistent, with two closed leases in the trailing 30 days averaging $7,525 per month and an 11-day time to lease, and two additional closings across the 90-day window at the same average rent and pace.
The single active listing asks $9,000 per month for a 1,700-square-foot two-bedroom suite, translating to $5.29 per square foot. That rate sits above the building's realized 90-day lease average of $4.81 per square foot, and the 1,700-square-foot footprint is also larger than the 1,482-square-foot average across all tracked historical leases. Against the broader Bloor-Yorkville asking benchmark of $5.83 per square foot, The Florian's active rate runs 9.3 percent below the submarket, yet the nominal monthly rent of $9,000 far exceeds the submarket average asking rent of $4,743 because the suite is 886 square feet larger than the submarket implied average of 814 square feet.
Marketing friction is mixed: the active listing has been on market for 14 days, well under the submarket average of 24 days, and closed leases in the trailing 30 days averaged just 11 days to lease. However, one previously delisted unit sat for 67 days at the same $9,000 asking price, which is $1,475 per month or 19.6 percent above realized lease averages, signaling that pricing at that level without concession creates significant leasing drag. Across all tracked closed transactions, landlords consistently closed at a premium of $217 per month, or 1.26 percent above initial asking, indicating limited tenant leverage in this building's small lease sample. Inventory depth is extremely thin: the sole active unit is a two-bedroom, with zero one-bedroom or studio options currently available to renters.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at The Florian as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at The Florian recently?
The Florian at 88 Davenport Road has exactly one unit actively listed as of August 31, 2026, with an asking rent of $9,000 per month (both average and median), a single-suite price range of $9,000 to $9,000, and an asking rate of $5.29 per square foot across a 1,700-square-foot footprint. The sole listing is a two-bedroom layout representing 100 percent of active inventory, placing the building firmly in the multi-bedroom executive tier rather than the compact entry-level segment that dominates the broader Bloor-Yorkville market.
What floor plans and unit layouts are currently available at The Florian?
The Florian's entire active inventory consists of one two-bedroom suite, accounting for 100 percent of available units at an average asking rent of $9,000 per month and $5.29 per square foot across 1,700 square feet. No studio or one-bedroom units are currently listed, meaning renters seeking smaller footprints must look to other buildings in the Bloor-Yorkville submarket. The single-listing sample tier limits statistical reliability, so prospective tenants should weigh this data point alongside the building's historical lease benchmarks and surrounding submarket options.
What is the average asking rent and $/SF by suite size at The Florian?
The Florian's active pricing spread is effectively zero, with both the minimum and maximum asking rents set at $9,000 per month for the sole listed two-bedroom suite of 1,700 square feet at $5.29 per square foot. Because only one unit is available, the median asking rent also equals $9,000, and there is no internal price gradient to compare entry-level and peak suites. Renters evaluating this listing should benchmark the $9,000 ask against the building's realized lease average of $7,525 per month and the submarket average asking rent of $4,743 per month to contextualize the premium driven by the expansive suite size.
How much extra do parking spaces and dens cost at The Florian?
The Florian does not have a quantified den premium or square-footage delta for its active listing, as the single two-bedroom suite does not provide a paired comparison to isolate marginal den costs. Parking stall pricing also cannot be reliably isolated from the available data, as the paired sample is insufficient to produce a credible premium figure. Renters interested in parking or den-specific add-on costs should request itemized quotes directly from the building's leasing office.
How do asking rents at The Florian compare to local and municipal benchmarks?
The Florian's active asking rate of $5.29 per square foot sits 9.3 percent below the Bloor-Yorkville submarket average asking rate of $5.83 per square foot, even though the nominal monthly rent of $9,000 is nearly double the submarket average asking rent of $4,743. That nominal gap is entirely explained by suite size: the active 1,700-square-foot unit is 886 square feet larger than the submarket implied average of 814 square feet, making the per-square-foot comparison the more meaningful metric. The building currently holds one out of 100 active listings in the Bloor-Yorkville submarket, representing a 1 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 The Florian (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at The Florian last month, and how fast did they rent?
The Florian at 88 Davenport Rd closed two leases in the trailing 30 days with an average DOM of 11, matching its 90-day DOM of 11 and running well ahead of the Bloor-Yorkville submarket benchmark of 24 days. Over the trailing 90 days the building recorded the same two closings, while lifetime volume stands at three total leases. Leasing cadence has held steady rather than accelerating, with the May and August 2026 closings splitting the annual total evenly. This is a limited sample size of three transactions and should be treated as a directional indicator only, not a broad statistical benchmark.
What is the negotiation spread between asking rents and closed lease prices at The Florian?
The Florian's three tracked leases closed at an average premium of $217 per month (1.26% above asking), generating an estimated $2,604 per year in additional landlord rental revenue. This premium outcome reflects landlord pricing leverage, with tenants paying at or above the listed rate across the tracked transactions. The building's small sample of three deals limits the statistical weight of this figure, but the consistent direction signals that Bloor-Yorkville demand at this price point is absorbing asking prices without meaningful pushback on price.
What are typical executed lease prices across different layouts at The Florian?
The Florian's three lifetime leases split evenly across one-bedroom, two-bedroom, and three-bedroom-plus tiers, with each tier representing an individual single transaction rather than a broad statistical benchmark. The one-bedroom closed at $3,150 per month across 750 square feet ($4.20 per square foot) with a 10-day DOM. The two-bedroom leased at $7,500 per month across 1,500 square feet ($5.00 per square foot) with an 11-day DOM. The three-bedroom-plus suite commanded $11,900 per month across 2,197 square feet ($5.42 per square foot) with an 11-day DOM. Because every tier is a single deal, median and P25–P75 ranges collapse to the point value and carry no distributional meaning.
What measurable rent premium did suites with parking achieve in closed leases at The Florian?
The Florian's leased parking premium cannot be reliably isolated due to insufficient paired data between bundled and unbundled suites. Active listings at the building also show an unreliable or outlier parking figure, so no defensible monthly parking value can be quoted. Tenants and landlords at The Florian should treat parking as a case-by-case negotiation item rather than a market-standard add-on.
How does the lease-to-listing ratio at The Florian reflect current tenant demand?
The Florian's tracked lease timeline from May to August 2026 shows a modest nominal rent increase alongside a decline in the rate per square foot, reflecting larger suite footprints in the later closings rather than any property devaluation. In May 2026, one lease closed at an average of $7,500 per month ($5.00 per square foot) with an 11-day DOM. By August 2026, two leases closed at an average of $7,525 per month ($4.81 per square foot) with the same 11-day DOM. The $25-per-month nominal gain masks a shift toward bigger suites, as the per-square-foot rate dropped by $0.19 while total square footage expanded.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at The Florian (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at The Florian, and what was their re-listing price compared to previous asking?
The Florian logged one delisted listing in the tracked period, a terminated lease, representing a 50% delisted-to-30-day-leased ratio and a 33.3% ratio against lifetime volume. No expired or suspended listings appeared in the dataset. A single terminated lease against three lifetime closings is a low absolute count, but the 50% ratio against the 30-day window flags a meaningful friction point worth monitoring if additional units cycle through the market.
How do asking prices on de-listed suites compare to executed leases and active listings at The Florian?
The Florian's one delisted unit asked an average of $9,000 per month, which is $1,475 per month (19.6%) above the realized lease average of $7,525 per month, indicating direct overpricing relative to market-clearing levels. The delisted listing also carried a rate of $5.29 per square foot versus the realized $4.81 per square foot, a gap of $0.48 per square foot. This spread confirms the unit was priced well above what Bloor-Yorkville tenants were actually transacting at during the same window.
What market friction causes rental listings to stall or de-list at The Florian?
The Florian's delisted listing sat on market for an average of 67 days, compared to the 11-day realized lease DOM, producing 56 excess marketing days. At the $9,000 asking rent, those 56 days represent roughly 1.9 months of lost rent, or approximately $16,800 in carrying cost before factoring in ongoing condo maintenance fees. The 56-day gap underscores how a 19.6% pricing premium can stall a unit well beyond the submarket's 24-day average DOM, converting a quick lease into a prolonged vacancy carry.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 2 | 8400 | 1600 | 5.25 | 37 |
| 2026-04-28 | 2 | 8400 | 1600 | 5.25 | 38 |
| 2026-04-29 | 2 | 8400 | 1600 | 5.25 | 39 |
| 2026-04-30 | 2 | 8400 | 1600 | 5.25 | 40 |
| 2026-05-01 | 2 | 8400 | 1600 | 5.25 | 41 |
| 2026-05-02 | 2 | 8400 | 1600 | 5.25 | 42 |
| 2026-05-03 | 2 | 8400 | 1600 | 5.25 | 43 |
| 2026-05-04 | 2 | 8400 | 1600 | 5.25 | 44 |
| 2026-05-05 | 2 | 8400 | 1600 | 5.25 | 45 |
| 2026-05-06 | 2 | 8400 | 1600 | 5.25 | 46 |
| 2026-05-07 | 2 | 8400 | 1600 | 5.25 | 47 |
| 2026-05-08 | 1 | 9000 | 1700 | 5.29 | 84 |
| 2026-05-09 | 1 | 9000 | 1700 | 5.29 | 85 |
| 2026-05-10 | 1 | 9000 | 1700 | 5.29 | 86 |
| 2026-05-11 | 1 | 9000 | 1700 | 5.29 | 87 |
| 2026-05-12 | 1 | 9000 | 1700 | 5.29 | 88 |
| 2026-05-13 | 1 | 9000 | 1700 | 5.29 | 89 |
| 2026-05-14 | 1 | 9000 | 1700 | 5.29 | 90 |
| 2026-05-15 | 1 | 9000 | 1700 | 5.29 | 91 |
| 2026-05-16 | 1 | 9000 | 1700 | 5.29 | 92 |
| 2026-05-17 | 1 | 9000 | 1700 | 5.29 | 93 |
| 2026-05-18 | 1 | 9000 | 1700 | 5.29 | 94 |
| 2026-05-19 | 1 | 9000 | 1700 | 5.29 | 95 |
| 2026-05-20 | 1 | 9000 | 1700 | 5.29 | 96 |
| 2026-05-21 | 1 | 9000 | 1700 | 5.29 | 97 |
| 2026-05-22 | 1 | 9000 | 1700 | 5.29 | 98 |
| 2026-05-23 | 1 | 9000 | 1700 | 5.29 | 99 |
| 2026-05-24 | 1 | 9000 | 1700 | 5.29 | 100 |
| 2026-05-25 | 1 | 9000 | 1700 | 5.29 | 101 |
| 2026-05-26 | 1 | 9000 | 1700 | 5.29 | 102 |
| 2026-05-27 | 1 | 9000 | 1700 | 5.29 | 103 |
| 2026-05-28 | 1 | 9000 | 1700 | 5.29 | 104 |
| 2026-05-29 | 1 | 9000 | 1700 | 5.29 | 105 |
| 2026-05-30 | 1 | 9000 | 1700 | 5.29 | 106 |
| 2026-05-31 | 1 | 9000 | 1700 | 5.29 | 107 |
| 2026-06-01 | 1 | 9000 | 1700 | 5.29 | N/A |
| 2026-06-02 | 1 | 9000 | 1700 | 5.29 | 1 |
| 2026-06-03 | 1 | 9000 | 1700 | 5.29 | 2 |
| 2026-06-04 | 1 | 9000 | 1700 | 5.29 | 3 |
| 2026-06-05 | 1 | 9000 | 1700 | 5.29 | 4 |
| 2026-06-06 | 1 | 9000 | 1700 | 5.29 | 5 |
| 2026-06-07 | 1 | 9000 | 1700 | 5.29 | 6 |
| 2026-06-08 | 1 | 9000 | 1700 | 5.29 | 7 |
| 2026-06-09 | 1 | 9000 | 1700 | 5.29 | 8 |
| 2026-06-10 | 1 | 9000 | 1700 | 5.29 | 9 |
| 2026-06-11 | 1 | 9000 | 1700 | 5.29 | 10 |
| 2026-06-12 | 1 | 9000 | 1700 | 5.29 | 11 |
| 2026-06-13 | 1 | 9000 | 1700 | 5.29 | 12 |
| 2026-06-14 | 1 | 9000 | 1700 | 5.29 | 13 |
| 2026-06-15 | 1 | 9000 | 1700 | 5.29 | 14 |
| 2026-06-16 | 1 | 9000 | 1700 | 5.29 | 15 |
| 2026-06-17 | 1 | 9000 | 1700 | 5.29 | 16 |
| 2026-06-18 | 1 | 9000 | 1700 | 5.29 | 17 |
| 2026-06-19 | 1 | 9000 | 1700 | 5.29 | 18 |
| 2026-06-20 | 1 | 9000 | 1700 | 5.29 | 19 |
| 2026-06-21 | 1 | 9000 | 1700 | 5.29 | 20 |
| 2026-06-22 | 1 | 9000 | 1700 | 5.29 | 21 |
| 2026-06-23 | 1 | 9000 | 1700 | 5.29 | 22 |
| 2026-06-24 | 1 | 9000 | 1700 | 5.29 | 23 |
| 2026-06-25 | 1 | 9000 | 1700 | 5.29 | 24 |
| 2026-06-26 | 1 | 9000 | 1700 | 5.29 | 25 |
| 2026-06-27 | 1 | 9000 | 1700 | 5.29 | 26 |
| 2026-06-28 | 1 | 9000 | 1700 | 5.29 | 27 |
| 2026-06-29 | 1 | 9000 | 1700 | 5.29 | 28 |
| 2026-06-30 | 1 | 9000 | 1700 | 5.29 | 29 |
| 2026-07-01 | 1 | 9000 | 1700 | 5.29 | 30 |
| 2026-07-02 | 1 | 9000 | 1700 | 5.29 | 31 |
| 2026-07-03 | 1 | 9000 | 1700 | 5.29 | 32 |
| 2026-07-04 | 1 | 9000 | 1700 | 5.29 | 33 |
| 2026-07-05 | 1 | 9000 | 1700 | 5.29 | 34 |
| 2026-07-06 | 1 | 9000 | 1700 | 5.29 | 35 |
| 2026-07-07 | 1 | 9000 | 1700 | 5.29 | 36 |
| 2026-07-08 | 1 | 9000 | 1700 | 5.29 | 37 |
| 2026-07-09 | 1 | 9000 | 1700 | 5.29 | 38 |
| 2026-07-10 | 1 | 9000 | 1700 | 5.29 | 39 |
| 2026-07-11 | 1 | 9000 | 1700 | 5.29 | 40 |
| 2026-07-12 | 1 | 9000 | 1700 | 5.29 | 41 |
| 2026-07-13 | 1 | 9000 | 1700 | 5.29 | 42 |
| 2026-07-14 | 1 | 9000 | 1700 | 5.29 | 43 |
| 2026-07-15 | 1 | 9000 | 1700 | 5.29 | 44 |
| 2026-07-16 | 1 | 9000 | 1700 | 5.29 | 45 |
| 2026-07-17 | 1 | 9000 | 1700 | 5.29 | 46 |
| 2026-07-18 | 1 | 9000 | 1700 | 5.29 | 47 |
| 2026-07-19 | 1 | 9000 | 1700 | 5.29 | 48 |
| 2026-07-20 | 1 | 9000 | 1700 | 5.29 | 49 |
| 2026-07-21 | 1 | 9000 | 1700 | 5.29 | 50 |
| 2026-07-22 | 1 | 9000 | 1700 | 5.29 | 51 |
| 2026-07-23 | 1 | 9000 | 1700 | 5.29 | 52 |
| 2026-07-24 | 1 | 9000 | 1700 | 5.29 | 53 |
| 2026-07-25 | 1 | 9000 | 1700 | 5.29 | 54 |
| 2026-07-26 | 1 | 9000 | 1700 | 5.29 | 55 |
| 2026-07-27 | 1 | 9000 | 1700 | 5.29 | 56 |
| 2026-07-28 | 2 | 6100 | 1225 | 4.78 | 29 |
| 2026-07-29 | 2 | 6100 | 1225 | 4.78 | 30 |
| 2026-07-30 | 2 | 6100 | 1225 | 4.78 | 31 |
| 2026-07-31 | 2 | 6100 | 1225 | 4.78 | 32 |
| 2026-08-01 | 2 | 6100 | 1225 | 4.78 | 33 |
| 2026-08-02 | 2 | 6100 | 1225 | 4.78 | 34 |
| 2026-08-03 | 2 | 6100 | 1225 | 4.78 | 35 |
| 2026-08-04 | 2 | 6100 | 1225 | 4.78 | 36 |
| 2026-08-05 | 2 | 6100 | 1225 | 4.78 | 37 |
| 2026-08-06 | 2 | 6100 | 1225 | 4.78 | 38 |
| 2026-08-13 | 1 | 10900 | 2197 | 4.96 | N/A |
| 2026-08-14 | 1 | 10900 | 2197 | 4.96 | 1 |
| 2026-08-15 | 1 | 10900 | 2197 | 4.96 | 2 |
| 2026-08-16 | 1 | 10900 | 2197 | 4.96 | 3 |
| 2026-08-17 | 2 | 9950 | 1949 | 5.13 | 2 |
| 2026-08-18 | 2 | 9950 | 1949 | 5.13 | 3 |
| 2026-08-19 | 2 | 9950 | 1949 | 5.13 | 4 |
| 2026-08-20 | 2 | 9950 | 1949 | 5.13 | 5 |
| 2026-08-21 | 2 | 9950 | 1949 | 5.13 | 6 |
| 2026-08-22 | 2 | 9950 | 1949 | 5.13 | 7 |
| 2026-08-23 | 2 | 9950 | 1949 | 5.13 | 8 |
| 2026-08-24 | 1 | 9000 | 1700 | 5.29 | 7 |
| 2026-08-25 | 1 | 9000 | 1700 | 5.29 | 8 |
| 2026-08-26 | 1 | 9000 | 1700 | 5.29 | 9 |
| 2026-08-27 | 1 | 9000 | 1700 | 5.29 | 10 |
| 2026-08-28 | 1 | 9000 | 1700 | 5.29 | 11 |
| 2026-08-29 | 1 | 9000 | 1700 | 5.29 | 12 |
| 2026-08-30 | 1 | 9000 | 1700 | 5.29 | 13 |
| 2026-08-31 | 1 | 9000 | 1700 | 5.29 | 14 |
12-Month Market Dynamics & Trend Trajectory
The Florian's lifetime average lease rent of $7,517 per month sits roughly 115% above the Bloor-Yorkville submarket average of $3,497 per month, while its $4.87 per square foot rate trades just under the submarket's $4.92 per square foot benchmark. The building's active listing at $5.29 per square foot is 9.3% below the submarket's average asking rate of $5.83 per square foot, and its 1,700-square-foot suite footprint is 886 square feet larger than the submarket implied average of 814 square feet. The higher nominal rent is driven by expansive suite size rather than a per-square-foot premium, positioning The Florian as a large-format product in a submarket that typically transacts on smaller footprints. On pricing discipline, The Florian's three tracked leases closed at an average premium of $217 per month (1.26% above asking), translating to an estimated $2,604 per year in additional landlord revenue. This premium direction indicates tenants accepted or exceeded listed rates without meaningful pushback on price, a pattern consistent with the building's 11-day DOM running well under the submarket's 24-day benchmark. With only three lifetime transactions, this is a limited sample and a directional indicator rather than an established statistical benchmark, but the consistent premium and fast absorption suggest landlord pricing leverage at this price point in Bloor-Yorkville.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 7500 | 1500 | 5.00 | 11 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 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 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 1 | 3150 | 750 | 4.20 | 10 |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 1 | 11900 | 2197 | 5.42 | 11 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
The Florian at 88 Davenport Rd sits in a tight competitive pocket on Davenport Road where one active pricing peer and three zero-transaction reference buildings define the immediate rental landscape. The Yorkville at 32 Davenport Rd, completed in 2015 and located just 0.05 kilometres away, recorded eight closed leases over the trailing 180 days and serves as the sole active benchmark in this micro-market. Three additional buildings—Domus at 3 McAlpine St (built in 2002, 0.06 km), 1331 Bay at 1331 Bay St (built in 1985, 0.06 km), and 15 McMurrich at 15 McMurrich St (built in 1981, 0.10 km)—each logged zero closed lease transactions over the same period and function strictly as architectural and amenity references rather than active pricing comparables. The structural generation gap is pronounced: The Florian (2013) and The Yorkville (2015) represent the newer cohort, while Domus, 1331 Bay, and 15 McMurrich span the early-2000s and 1980s eras, reflecting materially different unit configurations and common-area programming. Against the single active comp benchmark of $3,286 average realized rent, $4.33 per square foot, and 769 average square feet, The Florian's realized lease metrics of $7,517 per month, $4.87 per square foot, and 1,482 average square feet position the building as a distinctly larger-format product within this immediate pocket. The subject's suite footprint is nearly double the comp average, and its per-square-foot rate carries a measurable premium over The Yorkville. The Bloor-Yorkville submarket average of $3,497 per month and $4.92 per square foot further confirms that The Florian's nominal rent is driven primarily by its expansive interior footprint rather than an outsized rate markup, with the building's 2013 construction and full-service amenity suite underpinning a value proposition aimed at renters seeking premium space in a central Toronto address.
Comparable Analysis & Questions
How do rental rates at The Florian compare to neighbouring buildings within Bloor-Yorkville?
The Florian's average realized lease rent of $7,517 per month stands $4,231 above the overall comp benchmark of $3,286, with The Yorkville at 32 Davenport Rd (0.05 km, built in 2015) as the sole active pricing competitor having closed eight leases over the trailing 180 days at an average of $3,286 per month, $4.33 per square foot, and 769 average square feet. The subject commands a higher monthly rent of $4,231 over The Yorkville, a gap attributable to both a steeper per-square-foot rate and a substantially larger suite footprint. Domus at 3 McAlpine St (0.06 km), 1331 Bay at 1331 Bay St (0.06 km), and 15 McMurrich at 15 McMurrich St (0.10 km) each recorded zero closed lease transactions over the past 180 days and therefore carry no realized rent benchmark; they serve only as architectural and amenity references in this comparison set.
Does The Florian offer a competitive price-per-square-foot ($/SF) against local comparables?
The Florian's leased rate of $4.87 per square foot across an average 1,482-square-foot suite positions the building at a $0.54 per square foot (12.5%) premium over The Yorkville's $4.33 per square foot, while simultaneously providing 713 more interior square feet than that competitor's 769-square-foot average. Against the Bloor-Yorkville submarket leased benchmark of $4.92 per square foot, the subject trades at a modest 2.2% discount on a rate basis, confirming that the building's elevated nominal rent is driven overwhelmingly by its expansive suite size rather than an outsized per-square-foot markup. The renter trade-off against The Yorkville is straightforward: for $4,231 more per month, a tenant gains 713 additional square feet of interior space and a 12.5% higher per-square-foot rate, making The Florian the clear choice for renters prioritizing living area over minimum monthly outlay within this immediate Davenport Road corridor.
How do building age, amenities, and developer reputation impact rent spreads?
The Florian's thirteen-amenity package—including an indoor pool, yoga studio, valet service, and a dedicated wine cellar and tasting room—sets it apart from every nearby competitor in this Davenport Road and Bay Street cluster. The Yorkville offers an outdoor pool rather than the subject's indoor facility, includes a piano bar and games room that The Florian lacks, but provides no valet service or formal tasting-room programming. Domus, 1331 Bay, and 15 McMurrich each omit pool access entirely (1331 Bay substitutes a hot tub and jacuzzi), lack a yoga studio, and carry no wine cellar or valet offering. The subject's combination of an indoor aquatic facility, dedicated wellness studio, concierge-level valet, and curated wine-tasting space targets the professional and semi-retiree demographic that values resort-style daily living, private entertaining, and turnkey convenience without the trade-offs of outdoor seasonal pool access or the more utilitarian common areas found in the 1980s-era reference buildings.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around The Florian.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Indoor Pool
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Garden & Courtyard
- Wine Cellar & Tasting Room
- Valet Service
Residential Buildings in the Vicinity
- The Yorkville53 m
- 1331 Bay61 m
- Domus64 m
- 15 McMurrich103 m
- 50 Scollard109 m
- 40 Scollard118 m
- 50 Scollard Condos119 m
- Lotus159 m
- Four Seasons Private Res. - East162 m
- Memphis163 m
- 900 Yonge173 m
- The Villas at 18 Yorkville173 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Florian.
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.
