Village Gardens — Rental Market Data

Village Gardens at 92 Church Street S realized an average lease rent of $2,317 per month over the trailing year, which is $191 below the Ajax submarket average of $2,508 per month. No nearby comparables recorded closed lease transactions over the trailing 180 days, so there is no direct competitor rent figure to benchmark against within the immediate radius. The three total leases captured for Village Gardens (two within 90 days at an average of $2,175 per month and one additional deal bringing the 12-month average to $2,317) represent a small sample rather than a sustained leasing cycle, and the absence of any zero-transaction or active-transaction peer buildings in the dataset means the submarket average of $2,508 serves as the sole external reference point for rent positioning.

Village Gardens leases at $2.48 per square foot across an average 967 square feet, placing it essentially at parity with the Ajax submarket benchmark of $2.47 per square foot while offering a total monthly rent that is $191 below the submarket average of $2,508. Because no active nearby comparables exist in the dataset, the value trade-off is best understood against the submarket aggregate: the building's slightly above-benchmark per-square-foot rate is offset by a suite footprint that, at 967 square feet, delivers more interior space than a typical compact one-bedroom, and the dominant leased layout is the one-bedroom configuration representing 66.7% of transactions. Tenants in this pocket are effectively paying a near-market rate per square foot for a larger-than-average interior footprint, with the $191 monthly rent differential driven by the building's 1976 construction era and Ajax location rather than a deficiency in asset quality or amenity depth.

Village Gardens at 92 Church Street S offers a 13-item amenity package that is exceptionally broad for a building completed in 1976, including an indoor pool, gym and fitness centre, sauna and steam room, tennis and pickleball court, squash and racquetball court, party and lounge room, meeting room, games and billiards room, library and reading room, woodworking room, concierge and security, shared laundry room, and a car wash bay. With no nearby comparables in the dataset to contrast against, the building's lifestyle package stands as a self-contained offering in this Ajax pocket, and its aquatic, racquet-sport, and remote-work (meeting room) amenities are features typically found in purpose-built 2010s-and-later inventory rather than in a 1976-era asset. The primary renter demographic best served by this package is the cost-conscious professional or small household seeking a full-service residential experience—pool access, fitness facilities, and meeting space—without paying the premium associated with newer Ajax buildings, making Village Gardens a value-driven choice for tenants who prioritize lifestyle infrastructure over architectural recency.