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Market Data as of August 31, 2026

Village by the Grange VI — Rental Market Data

89 McCaul St, Toronto, Ontario M5T 2X3
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,950

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1983
Total Suites83
DeveloperNot Disclosed

Village by the Grange VI at 89 McCaul Street in Toronto's Downtown West submarket is an established residential building completed in 1983 with 83 registered suites. As of August 31, 2026, one unit is actively listed, representing a 1.2 percent availability rate. Leasing activity over the trailing 30 days produced two closed leases at an average of $3,300 per month with a 22-day average time on market, while the broader 90-day window recorded four leases averaging $2,950 per month and an 18-day average DOM.

The single active listing asks $2,950 per month for a 750-square-foot two-bedroom suite, translating to $3.93 per square foot. That rate sits above the 90-day realized average of $3.77 per square foot, even though the current listing's footprint is more compact than the 813-square-foot average across all tracked historical leases. Against the Downtown West submarket asking benchmark of $4.81 per square foot, the building trades 18.3 percent below the broader market on a rate basis, while its nominal monthly rent of $2,950 comes in under the submarket average asking rent of $3,080.

Marketing friction appears limited on the active side, with the lone listing averaging just 4 days on market compared to the submarket's 20-day benchmark, though the two most recent closed leases required 22 days to transact. Across all tracked historical leases, landlords captured an average premium of $50 per month, or 2.81 percent above asking, indicating balanced negotiating leverage rather than tenant-favorable concessions. Inventory depth is effectively nonexistent beyond this single two-bedroom unit, leaving renters with no multi-unit selection or layout-tier alternatives within the building.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Village by the Grange VI as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
0
Avg Asking Rent$2,950
-$1,250 (29.8%)
Avg Suite Size750 sf
-550 sf (42.3%)
Avg Days on Market4d
-31d (88.6%)
Avg Asking $/SF$3.93
+$0.70 (21.7%)

Active Market Insights & Questions

How has rental availability changed at Village by the Grange VI recently?

Village by the Grange VI carries exactly one active listing as of August 31, 2026, asking $2,950 per month with both the average and median rent at that same figure. The available suite spans 750 square feet at a rate of $3.93 per square foot, and the 100 percent layout share belongs to a two-bedroom configuration. With only a single unit on the market, inventory is neither skewed toward compact entry-level suites nor multi-bedroom executive layouts; it represents one isolated two-bedroom offering in an otherwise fully occupied building.

What floor plans and unit layouts are currently available at Village by the Grange VI?

The sole active layout at Village by the Grange VI is a two-bedroom suite, accounting for 100 percent of available inventory with one listing. That unit averages 750 square feet at $2,950 per month and $3.93 per square foot, and no one-bedroom, studio, or three-bedroom tiers are currently listed. Renter selection within the building is therefore limited to this single two-bedroom option, with no alternative bedroom counts or price points available.

What is the average asking rent and $/SF by suite size at Village by the Grange VI?

Village by the Grange VI's active pricing spread is effectively zero, with both the minimum and peak asking rent at $2,950 per month, a dollar spread of $0 and a percentage spread of 0 percent. The entry-level and peak suite are the same unit: a 750-square-foot two-bedroom at $3.93 per square foot. Because only one listing exists, no internal price gradient or tiered comparison can be drawn from the active inventory.

How much extra do parking spaces and dens cost at Village by the Grange VI?

Den premium data for Village by the Grange VI cannot be quantified, as no paired active listings with and without a den exist to isolate the marginal cost per square foot of additional den space. Parking stall costs are likewise unquoted; the available sample is flagged as unreliable or insufficient, and no verified monthly parking premium can be stated for this building.

How do asking rents at Village by the Grange VI compare to local and municipal benchmarks?

Village by the Grange VI's active asking rent of $2,950 per month and $3.93 per square foot both sit below the Downtown West submarket averages of $3,080 per month and $4.81 per square foot, a rate differential of 18.3 percent under the submarket asking benchmark. The building's 750-square-foot suite is 110 square feet larger than the submarket implied average of 640 square feet, meaning the lower nominal rent reflects a more spacious footprint rather than a discount on compact units. This single listing represents 1 out of 170 active listings in the Downtown West submarket, or roughly 0.6 percent 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 Village by the Grange VI (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$3,300
Avg Leased Size813 sf
Avg Days to Lease22d
Leased $/SF$3.85

Leased Transaction Insights & Questions

How many suites were leased at Village by the Grange VI last month, and how fast did they rent?

Village by the Grange VI closed two leases in the trailing 30 days at an average 22 days on market, compared to four leases over 90 days at 18 DOM and a submarket benchmark of 20 DOM. The 30-day window shows a modest uptick in closing pace relative to the 90-day average, though lifetime volume remains at just four transactions across the building's 83 suites. Leasing turnover is accelerating in the near term but from a very low base, so treat cadence as directional rather than a sustained trend.

What is the negotiation spread between asking rents and closed lease prices at Village by the Grange VI?

Village by the Grange VI landlords captured an average premium of $50 per month (2.81% above asking) across tracked leases, generating $600 per year in additional rental revenue per unit. This reflects balanced market leverage where tenants paid at or above the listed rate rather than negotiating downward. The premium is modest and applies to a limited sample of four lifetime closings, so it signals mild landlord pricing power rather than a structural rent advantage.

What are typical executed lease prices across different layouts at Village by the Grange VI?

The 1-Bedroom tier anchors Village by the Grange VI's lease volume with two closed deals averaging $2,350 per month and a 6-day DOM, while the 2-Bedroom tier recorded one individual single transaction at $3,000 per month over 18 days. The 1-Bedroom sample is a limited directional indicator (small sample size) with a P25–P75 range of $2,275 to $2,425 across an average 600 square foot footprint at $3.97 per square foot. The 2-Bedroom represents an individual single deal, not a broad statistical benchmark, covering 750 square feet at $4.00 per square foot. The 3-Bedroom+ tier also reflects an individual single deal at $4,100 per month for 1,300 square feet ($3.15 per square foot) over 41 days on market.

What measurable rent premium did suites with parking achieve in closed leases at Village by the Grange VI?

Village by the Grange VI does not have sufficient paired lease data to isolate a realized parking premium per month. Parking assignments appear bundled into suite rents rather than tracked as a separate line item across the four lifetime closings. Active asking rates for parking are similarly inconclusive due to an unreliable outlier or insufficient paired sample, so no defensible parking dollar figure can be quoted for this building.

How does the lease-to-listing ratio at Village by the Grange VI reflect current tenant demand?

Village by the Grange VI shows a clear upward rent trajectory from June through August 2026, climbing from $2,200 to $3,300 per month over three months. June closed one deal at $2,200 ($3.38 per square foot) in just 8 days. July closed one deal at $3,000 ($4.00 per square foot) over 18 days. August closed two deals averaging $3,300 ($3.85 per square foot) at 22 DOM. The nominal jump from June to July reflects a shift from a compact 1-Bedroom suite to a larger 2-Bedroom footprint rather than a true rate increase on identical space.

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)
2026-06-09122006503.38N/A
2026-06-10122006503.381
2026-06-11122006503.382
2026-06-12122006503.383
2026-06-13122006503.384
2026-06-14122006503.385
2026-06-15122006503.386
2026-06-16122006503.387
2026-06-261420013003.23N/A
2026-06-272360010253.621
2026-06-282360010253.622
2026-06-292360010253.623
2026-06-302360010253.624
2026-07-012360010253.625
2026-07-022360010253.626
2026-07-032360010253.627
2026-07-042360010253.628
2026-07-052360010253.629
2026-07-062360010253.6210
2026-07-072360010253.6211
2026-07-082360010253.6212
2026-07-092360010253.6213
2026-07-102360010253.6214
2026-07-112360010253.6215
2026-07-122360010253.6216
2026-07-132360010253.6217
2026-07-142360010253.6218
2026-07-151420013003.2319
2026-07-161420013003.2320
2026-07-171420013003.2321
2026-07-181420013003.2322
2026-07-191420013003.2323
2026-07-201420013003.2324
2026-07-211420013003.2325
2026-07-221420013003.2326
2026-07-231420013003.2327
2026-07-241420013003.2328
2026-07-251420013003.2329
2026-07-261420013003.2330
2026-07-271420013003.2331
2026-07-281420013003.2332
2026-07-291420013003.2333
2026-07-301420013003.2334
2026-07-311420013003.2335
2026-08-011420013003.2336
2026-08-021420013003.2337
2026-08-031420013003.2338
2026-08-041420013003.2339
2026-08-05232009253.6220
2026-08-06122005504.001
2026-08-07122005504.002
2026-08-27129507503.93N/A
2026-08-28129507503.931
2026-08-29129507503.932
2026-08-30129507503.933
2026-08-31129507503.934

12-Month Market Dynamics & Trend Trajectory

Village by the Grange VI realized an average lease rent of $2,950 per month and $3.77 per square foot across four lifetime closings, positioning the building below the Downtown West submarket averages of $3,033 per month and $4.55 per square foot. The subject trades at a 2.7% rent discount and a 17.1% rate-per-square-foot discount relative to submarket benchmarks, a gap partly explained by the building's larger average suite footprint of 813 square feet versus the submarket implied average of 640 square feet. On pricing discipline, landlords at Village by the Grange VI achieved a net premium of $50 per month (2.81% above asking) across tracked leases, translating to $600 per year in additional rental revenue per unit. No leases closed below asking in this dataset, indicating that tenants accepted or slightly exceeded listed rates rather than extracting concessions. The balanced leverage reading suggests the building's asking prices were set close to market-clearing levels, leaving minimal room for either tenant discounts or aggressive landlord markups.

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
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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)
2026-06-14122006503.388
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-12130007504.0018
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-02233009253.8522

Nearby Building Rental Comparables & Price Spreads

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

Village by the Grange VI at 89 McCaul St sits in a tight cluster of four nearby buildings within 60 metres, three of which recorded closed lease transactions over the trailing 180 days. The closest active peer, Village by the Grange at 103 Mccaul Street (0.03 km, completed 1983), closed one lease in the period. Village by the Grange VII at 105 McCaul St (0.06 km, also 1983) logged four closed leases, while 9T6 Condominium Residences at 96 St Patrick St (0.06 km, completed 2008) recorded ten closed leases, the highest volume in the set. Village by the Grange V at 73 McCaul St (0.04 km, 1983) registered zero lease transactions over the same window and functions strictly as an architectural and amenity reference rather than an active pricing benchmark. The three 1983-era Grange buildings share a common structural generation, whereas 9T6 represents a newer 2008 construction with a distinct condominium layout. The immediate comp pocket averages $2,603 per month in realized rent at $4.08 per square foot across an average suite of 647 square feet. Village by the Grange VI's realized lease data shows an average of $2,950 per month at $3.77 per square foot over a substantially larger 813-square-foot footprint, placing the subject well above the comp benchmark on total monthly cost while simultaneously trading at a meaningful per-square-foot discount. The 42-percentage-point gap between the subject's nominal rent and the comp average is almost entirely a function of interior scale: the subject's suites run roughly 166 square feet larger than the comp mean, meaning renters pay more in absolute dollars but less for each unit of space. Against the Downtown West submarket average of $3,033 per month and $4.55 per square foot, the subject undercuts the broader area on rate per square foot by approximately 17 percent while delivering a suite size that exceeds the submarket implied average of 640 square feet by 110 square feet.

103 Mccaul Street, Toronto

Avg Asking$2,500/mo
Avg $/SF$3.85
Rent Spread:
-$450/mo (-15.3%) Lower

105 McCaul St, Toronto

Avg Asking$2,628/mo
Avg $/SF$4.18
Rent Spread:
-$323/mo (-10.9%) Lower

96 St Patrick St, Toronto

Avg Asking$2,680/mo
Avg $/SF$4.20
Rent Spread:
-$270/mo (-9.2%) Lower

120 St Patrick St, Toronto

Avg Asking$2,725/mo
Avg $/SF$4.20
Rent Spread:
-$225/mo (-7.6%) Lower

71 McCaul Street, Toronto

Avg Asking$2,250/mo
Avg $/SF$5.63
Rent Spread:
-$700/mo (-23.7%) Lower

53 McCaul St, Toronto

Avg Asking$2,400/mo
Avg $/SF$4.04
Rent Spread:
-$550/mo (-18.6%) Lower

Comparable Analysis & Questions

How do rental rates at Village by the Grange VI compare to neighbouring buildings within Downtown West?

Village by the Grange VI's average realized lease rent of $2,950 per month sits $347 above the overall comp benchmark of $2,603, with every active competitor in the set pricing below the subject. Village by the Grange at 103 Mccaul Street (0.03 km, one closed lease) averaged $2,500 per month at $3.85 per square foot over 650 square feet, placing the subject $450 higher on a monthly basis. Village by the Grange VII at 105 McCaul St (0.06 km, four closed leases) realized $2,628 per month at $4.18 per square foot across 640 square feet, with the subject commanding $322 more per month. 9T6 Condominium Residences at 96 St Patrick St (0.06 km, ten closed leases) averaged $2,680 per month at $4.20 per square foot over 650 square feet, a $270 monthly gap in the subject's favour. Village by the Grange V at 73 McCaul St (0.04 km) recorded zero closed leases in the trailing 180 days and therefore carries no realized rent benchmark against which to compare.

Does Village by the Grange VI offer a competitive price-per-square-foot ($/SF) against local comparables?

Village by the Grange VI leases at $3.77 per square foot over an average 813-square-foot suite, trading at a clear per-square-foot discount below every active nearby competitor while providing materially more interior space. Against Village by the Grange (0.03 km), the subject offers a $0.08 per square foot (2.1 percent) discount and 163 more square feet of interior area, meaning the higher $450 monthly rent is driven by the expanded footprint rather than a premium rate. Village by the Grange VII (0.06 km) shows a wider $0.41 per square foot (9.8 percent) discount with 173 additional square feet, so the subject's $322 higher monthly cost reflects the larger suite rather than stronger per-unit pricing. 9T6 Condominium Residences (0.06 km) presents a $0.43 per square foot (10.2 percent) discount and 163 extra square feet, with the subject's $270 higher rent again attributable to the bigger interior. In each case the nominal rent variance is a space-volume effect: renters at Village by the Grange VI pay more in total dollars because they receive more square feet, not because the building commands a higher rate per unit of area.

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

Village by the Grange VI offers a 13-item amenity suite that is the most comprehensive in its immediate peer set, spanning aquatic, wellness, social, and remote-work categories. The building's indoor pool is absent from Village by the Grange (zero amenities listed), Village by the Grange V, and 9T6 Condominium Residences, giving the subject a distinct aquatic advantage over three of four nearby buildings. The media and theatre room and games and billiards room are both missing from Village by the Grange, Village by the Grange V, and 9T6 Condominium Residences, while the shared laundry room is unavailable at those same three competitors. Village by the Grange VII is the closest amenity match, sharing the indoor pool, outdoor pool, sauna, games room, and rooftop terrace, but it lacks the subject's dedicated meeting room and media and theatre room. The 2008-era 9T6 differentiates with a library and hot tub that the subject does not carry, yet it forgoes the dual-pool configuration and billiards facility found at 89 McCaul St. This lifestyle package best serves mid-career professionals and small households in the Downtown West who want resort-style recreation, a private social space for gatherings, and a dedicated work or meeting area without stepping outside their building.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Village by the Grange VI.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • Gym & Fitness Centre
  • Indoor Pool
  • Outdoor Pool
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Village by the Grange VI.

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.