How We Leased a Toronto Condo for More Rent (Zero Vacancy Strategy - 150 Logan Unit 627)
The Story Behind The Lease: 150 Logan Unit 627
Address: 150 LOGAN AVE Unit 627 TORONTO ON M4M 0E4
Type: 3 Bedroom 2 Bath Plus 700 Sq. Ft. Terrace
How to Lease Your Toronto Condo for More Rent—Even in a Slower Market
The Toronto condo market has shifted.
Inventory is higher. Tenants have more options. And for many landlords, that creates one core fear:
Vacancy.
But here’s the reality—this isn’t a bad market.
It’s just a market that rewards strategy.
Let me show you exactly what that looks like.
We recently leased a unit at 150 Logan Ave, Unit 627—a 3-bedroom condo with a rare 700 sq. ft. terrace.
On paper, it’s a great unit.
But great units don’t lease themselves at premium prices anymore.
Execution matters.
The Goal: Not Just Lease—Lease Strategically
Most landlords think in simple terms:
“Get a tenant in as fast as possible.”
That’s short-term thinking.
The real goal is:
Minimize vacancy
Maximize rental income
Secure the right tenant
Miss one of those—and it costs you.
What We Did Differently
Here’s the framework we used:
1. Positioning the Asset
The terrace wasn’t just a feature—it was the feature.
In today’s market, differentiation drives demand.
We marketed lifestyle, not just square footage.
2. Pricing With Intent
Instead of racing to the bottom, we priced based on value.
The result?
$200/month more than the previous listing.
That’s $2,400 per year—on one decision.
3. Creating Demand, Not Waiting for It
We don’t “post and pray.”
We activate our investor and tenant network, combined with targeted exposure.
More eyes = more competition = better tenants.
4. Screening for Long-Term Stability
A vacancy costs you once.
A bad tenant costs you repeatedly.
We prioritized tenant quality just as much as price.
The Result
✔ Leased with zero downtime
✔ Achieved higher rent
✔ Secured strong tenants
That’s the formula.
The Bigger Lesson for Toronto Condo Owners
We’re in a market where:
Prices are still below peak
Rents are stabilizing
Supply is high today—but dropping sharply after 2026
This creates a window.
Not for speculation—but for smart operators.
If you own a condo in Toronto, your advantage isn’t timing the market.
It’s executing better than the average landlord.
Final Thought
Real estate rewards discipline.
Anyone can lease a unit.
Very few know how to lease it strategically.
And that difference compounds over time.
If you’re holding a property—or planning your next move—build a strategy first.
Everything else follows.
Brought to you by:
Alex J. Wilson
#2 Individual RE/MAX Agent for Closed Sales in Canada 2024 and 2025
#1 Individual RE/MAX Agent for Closed Sales in Canada 2022
Member of RE/MAX Circle of Legends
Broker Owner
RE/MAX Wealth Builders Real Estate
Email: alex@remaxwealth.com
Book a call with Alex - click here to list your property or to buy your next one.
Office: (416) 652-5000
Mobile: (416) 996-5181
If you are moving ANYWHERE in the world - contact me... I know the best agents.
Property Details:
Address: 150 LOGAN AVE Unit 627 TORONTO ON M4M 0E4
Type: 3 Bedroom 2 Bath Plus 700 Sq. Ft. Terrace
Price: $4,500 Per Month
Description: Welcome to Wonder Condos! Leslieville's Newest Hard Loft Conversation Project And The 'IT' Building To Be In. This One Year New, 3 Bedroom 1050 sq. ft. Suite Features An Exclusive 700 sq. ft. Wrap Around Terrace Space With Unobstructed Views. The Terrace Features Gas and Water Lines, All So You Can Host Your Private BBQ Parties On Your Terrace And Relax In Your Urban Garden. Large East & North Windows In All The Bedrooms & 9 ft Ceilings Fills Them With Natural Light. Only Minutes To The Best Section of Queen St. E With Public Transit, Top Restaurants, Bars and Jimmie Simpson Park and Recreation Facility. This Building Is A Rare Find For End User Opportunities & Perfect For Any Work-From-Home Couple With Multiple Options For Home Offices Or Growing Families.
Brought to you by:
Alex J. Wilson
#2 Individual RE/MAX Agent for Closed Sales in Canada 2024 and 2025
#1 Individual RE/MAX Agent for Closed Sales in Canada 2022
Member of RE/MAX Circle of Legends
Broker Owner
RE/MAX Wealth Builders Real Estate
Email: alex@remaxwealth.com
Book a call with Alex - click here to list your property or to buy your next one.
Office: (416) 652-5000
Mobile: (416) 996-5181
If you are moving ANYWHERE in the world - contact me... I know the best agents.
