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Market Data as of August 31, 2026

Canada House - East Tower — Rental Market Data

1 Concord Cityplace Way, Toronto, Ontario M5V 0X3
Quick Rent Estimate
Active Suites5 Available
Type
Units
Avg Rent
3-Bedroom+
2
$6,175
1-Bedroom
1
$2,600
2-Bedroom
1
$3,450
2-Bedroom + Den
1
$3,990

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2025
Total Suites657
DeveloperConcord Adex

Canada House - East Tower at 1 Concord Cityplace Way in the CityPlace / Fort York neighborhood was developed by Concord Adex, completed in 2025, features 657 total suites, maintains 5 active listings representing an availability rate of 0.8 percent, and achieved a leasing pace of 8 closed leases over the past 30 days with an average of 14 days on the market, alongside 33 closed leases over the past 90 days with an average of 14 days on the market.

Active asking rent sits at $4,478 per month with an average rate of $5.06 per square foot, compared to realized 90-day leases averaging $3,018 per month at $4.97 per square foot. Current active inventory averages 907 square feet, which exceeds the historical lease average of 628 square feet. The active asking rate of $5.06 per square foot stands above the submarket asking benchmark of $4.58 per square foot.

Closed listings averaged 14 days on the market compared to unrented delisted units sitting for an average of 80 days, while 22.0 percent of leases closed under asking with tenants securing an average discount of $8 per month (0.27 percent below asking). Inventory availability offers deep selection across 3-Bedroom+ configurations holding a 40 percent share, while 1-Bedroom, 2-Bedroom, and 2-Bedroom + Den layouts each hold a single active listing representing 20 percent shares.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Canada House - East Tower as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units5
-2 (28.6%)
Avg Asking Rent$4,478
+$392 (9.6%)
Avg Suite Size907 sf
+113 sf (14.3%)
Avg Days on Market7d
-17d (71.8%)
Avg Asking $/SF$5.06
+$0.06 (1.2%)

Active Market Insights & Questions

How has rental availability changed at Canada House - East Tower recently?

Canada House - East Tower currently holds 5 active listings as of August 31, 2026, spanning a price range of $2,600 to $7,750 per month, an average asking rent of $4,478 per month, and a median asking rent of $3,990 per month. Active suites feature an average size of 907 square feet and an average asking rate of $5.06 per square foot. The 3-Bedroom+ tier dominates active inventory with a 40 percent share, skewing current availability toward multi-bedroom executive layouts rather than compact entry-level suites.

What floor plans and unit layouts are currently available at Canada House - East Tower?

The dominant active layout in the building is the 3-Bedroom+, holding 2 listings representing a 40 percent inventory share. The 3-Bedroom+ tier averages $6,175 per month across 1,137 square feet at $5.93 per square foot. Meanwhile, the 1-Bedroom tier provides a single active listing averaging $2,600 per month across 578 square feet at $4.50 per square foot, the 2-Bedroom tier offers a single listing averaging $3,450 per month across 718 square feet at $4.81 per square foot, and the 2-Bedroom + Den configuration features one active unit asking $3,990 per month across 968 square feet at $4.12 per square foot.

What is the average asking rent and $/SF by suite size at Canada House - East Tower?

Canada House - East Tower features a minimum entry rent of $2,600 per month and a peak asking rent of $7,750 per month, creating a dollar spread of $5,150 per month and a percentage spread of 198.1 percent. The median asking rent across active inventory is $3,990 per month. The entry-level suite consists of a 1-Bedroom layout spanning 578 square feet listed at $4.50 per square foot, while the peak suite reaches $7,750 per month.

How much extra do parking spaces and dens cost at Canada House - East Tower?

Canada House - East Tower has active den premium data that is currently null, as active den square footage deltas and marginal price per square foot metrics are unquantified. Active parking premium data cannot be reliably isolated due to an anomalous outlier or insufficient paired sample. Parking stall costs cannot be reliably evaluated from current listings.

How do asking rents at Canada House - East Tower compare to local and municipal benchmarks?

Canada House - East Tower asks an average rent of $4,478 per month at $5.06 per square foot, which compares to the submarket asking benchmark of $3,101 per month at $4.58 per square foot. The higher nominal monthly outlay is driven by substantially larger suite sizing rather than cheaper unit pricing. The building's asking rate per square foot exceeds submarket asking benchmarks by 10.5 percent, with the property accounting for 3.4 percent of total submarket active 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 Canada House - East Tower (Data period: For the month of August 2026).

Units Leased8
Avg Leased Price$2,873
Avg Leased Size628 sf
Avg Days to Lease14d
Leased $/SF$4.68

Leased Transaction Insights & Questions

How many suites were leased at Canada House - East Tower last month, and how fast did they rent?

At Canada House - East Tower, the 30-day average days on market is 14 days, matching the 90-day average of 14 days, while outperforming the broader CityPlace / Fort York submarket benchmark of 20 days. Leasing velocity recorded 8 closed transactions over the past 30 days, expanding from 33 closed leases across the 90-day window, contributing to a lifetime total of 41 closed leases since initial occupancy tracking began. This steady transaction volume indicates active absorption as the building stabilizes.

What is the negotiation spread between asking rents and closed lease prices at Canada House - East Tower?

At Canada House - East Tower, tenants secured an average discount of $8 per month, representing a 0.27% reduction below asking price and generating $96 in annual tenant savings. Exactly 22.0% of leases closed under asking price, reflecting mild tenant leverage and landlord concessions, while remaining transactions closed at or near original asking terms.

What are typical executed lease prices across different layouts at Canada House - East Tower?

The two highest-volume anchor layouts at Canada House - East Tower are 1-Bedroom suites averaging $2,458 per month across 16 closed deals with a 16-day DOM, and 2-Bedroom suites averaging $3,455 per month across 11 closed deals with an 18-day DOM. For 1-Bedroom suites, closed leases averaged $2,458 per month with a median of $2,312 per month, spanning a P25-P75 range of $2,300 to $2,425 per month across 504 square feet at $4.98 per square foot and a 16-day DOM, representing a statistically robust benchmark. For 2-Bedroom suites, 11 closed leases averaged $3,455 per month with a median of $3,500 per month, spanning a P25-P75 range of $3,175 to $3,500 per month across 739 square feet at $4.67 per square foot and an 18-day DOM, representing a statistically robust benchmark. For 1-Bedroom + Den configurations, 9 closed leases averaged $2,807 per month with a median of $2,850 per month, spanning a P25-P75 range of $2,800 to $2,900 per month across 612 square feet at $4.60 per square foot and a 12-day DOM, representing a statistically robust benchmark. For 3-Bedroom+ configurations, 4 closed leases averaged $4,575 per month with a median of $4,500 per month, spanning a P25-P75 range of $4,450 to $4,625 per month across 823 square feet at $6.37 per square foot and an 18-day DOM, representing a limited sample size. For 2-Bedroom + Den configurations, 1 closed lease averaged $3,200 per month with a median of $3,200 per month, spanning a P25-P75 range of $3,200 to $3,200 per month across 750 square feet at $4.27 per square foot and a 7-day DOM, representing an individual single transaction rather than a broad statistical benchmark (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Canada House - East Tower?

At Canada House - East Tower, paired parking premium data is inconclusive due to insufficient paired data in the historical lease records. Suite bundling patterns indicate that parking was largely included or omitted without separate line-item values in the underlying dataset. Active asking parking rates cannot be reliably isolated due to an insufficient paired sample.

How does the lease-to-listing ratio at Canada House - East Tower reflect current tenant demand?

At Canada House - East Tower, overall rent trajectories moved from early spring peaks toward late summer normalization. In April 2026, 1 deal closed at an average rent of $4,500 per month ($6.00 per square foot) with a 27-day DOM. In May 2026, 6 deals closed at an average rent of $2,967 per month ($4.45 per square foot) with a 24-day DOM. In June 2026, 14 deals closed at an average rent of $2,936 per month ($4.73 per square foot) with a 15-day DOM. In July 2026, 12 deals closed at an average rent of $3,142 per month ($5.49 per square foot) with a 13-day DOM. In August 2026, 8 deals closed at an average rent of $2,873 per month ($4.68 per square foot) with a 14-day DOM.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units2
Avg Asking Price$7,500
Avg Suite Size1,362 sf
Avg Days on Market80d
Delisted $/SF$5.35

De-Listed Market Analysis & Questions

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

At Canada House - East Tower, 2 total units were delisted, yielding a delisted-to-leased ratio percentage of 25% relative to the 41 lifetime closed leases. This delisted pool consisted entirely of 2 terminated listings, with zero expired or suspended listings recorded. This metric translates to roughly 1 listing pulled for every 4 successful leases, pointing to minor landlord adjustments in marketing strategy.

How do asking prices on de-listed suites compare to executed leases and active listings at Canada House - East Tower?

At Canada House - East Tower, unrented units asked an average of $7,500 per month, which is $4,627 per month above realized lease averages of $2,873 per month nominally due to larger suite layouts, alongside a rate-per-square-foot gap of $5.35 versus $4.68 per square foot. Unrented units were overpriced relative to realized leases, illustrating clear pushback on price from prospective tenants.

What market friction causes rental listings to stall or de-list at Canada House - East Tower?

At Canada House - East Tower, delisted units recorded an average days on market of 80 days compared to a realized lease average of 16 days. This excess marketing duration of 66 days represents over two months of lost rental income plus ongoing condo maintenance fees, highlighting the steep financial carrying cost of unrented listings and unrealistic landlord expectations.

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)
2026-04-27938338464.4725
2026-04-28938338464.4726
2026-04-29837508594.2727
2026-04-30951119994.6425
2026-05-01951119994.6426
2026-05-02951119994.6427
2026-05-031049809544.8625
2026-05-041049809544.8626
2026-05-05951449774.8829
2026-05-06951449774.8830
2026-05-07951449774.8831
2026-05-088542510184.9435
2026-05-098542510184.9436
2026-05-108542510184.9437
2026-05-118542510184.9438
2026-05-128542510184.9439
2026-05-13854199995.0519
2026-05-14854199995.0520
2026-05-15854199995.0521
2026-05-16854199995.0522
2026-05-177584310635.1326
2026-05-187584310635.1327
2026-05-197584310635.1328
2026-05-207584310635.1329
2026-05-218550610245.0226
2026-05-228550610245.0227
2026-05-238550610245.0228
2026-05-248550610245.0229
2026-05-258550610245.0230
2026-05-268550610245.0231
2026-05-27951449555.0829
2026-05-28951449555.0830
2026-05-29948898885.1926
2026-05-30852639505.2521
2026-05-31949569285.0419
2026-06-01853009944.9822
2026-06-02853009944.9823
2026-06-031146738954.9618
2026-06-041245678834.9217
2026-06-051050059455.0120
2026-06-061147869094.9919
2026-06-071147869094.9920
2026-06-081147869065.0121
2026-06-091047989224.8119
2026-06-101047989224.8120
2026-06-111047989224.8121
2026-06-12948539184.8423
2026-06-13948539184.8424
2026-06-14948539184.8425
2026-06-15948539184.8426
2026-06-161147129164.7822
2026-06-171345419074.7020
2026-06-181542528554.6918
2026-06-191443918764.7219
2026-06-201443918764.7220
2026-06-211443918764.7221
2026-06-221542528554.6921
2026-06-231443498694.7021
2026-06-241543598724.7221
2026-06-251643058654.7121
2026-06-261544398864.7523
2026-06-271445939104.7924
2026-06-281445939104.7925
2026-06-291150779914.8527
2026-06-301150779914.8528
2026-07-0110535510414.8631
2026-07-0210535510414.8632
2026-07-0310519510234.7029
2026-07-0410519510234.7030
2026-07-0510519510234.7031
2026-07-06939949014.3928
2026-07-071039158864.3726
2026-07-081039158864.3727
2026-07-091039158864.3728
2026-07-101039158864.3729
2026-07-111039158864.3730
2026-07-121039158864.3731
2026-07-131236968264.5027
2026-07-141037658404.5131
2026-07-151036307984.5529
2026-07-16643758654.8127
2026-07-17645758994.8726
2026-07-18645758994.8727
2026-07-19645758994.8728
2026-07-20644928714.9725
2026-07-21644928714.9726
2026-07-22644928714.9727
2026-07-23843567895.7221
2026-07-24843567895.7222
2026-07-25843567895.7223
2026-07-26843567895.7224
2026-07-27840007155.6819
2026-07-28938116805.6918
2026-07-291039307225.5817
2026-07-30940447305.7019
2026-07-31740867945.0024
2026-08-01547809055.1731
2026-08-02547809055.1732
2026-08-034540010315.0340
2026-08-044540010315.0341
2026-08-054557510565.1136
2026-08-06550309754.9629
2026-08-07646929354.8125
2026-08-08550609924.9031
2026-08-09550609924.9032
2026-08-10550609924.9033
2026-08-11550609924.9034
2026-08-124557510565.1143
2026-08-134557510565.1144
2026-08-144557510565.1145
2026-08-154557510565.1146
2026-08-164557510565.1147
2026-08-173576710415.3057
2026-08-183576710415.3058
2026-08-194532310235.0045
2026-08-203586311145.0349
2026-08-21450489804.9038
2026-08-22547289274.8831
2026-08-23547289274.8832
2026-08-24547289274.8833
2026-08-25450109724.9038
2026-08-26450109724.9039
2026-08-27450109724.9040
2026-08-28549289075.3332
2026-08-29436607295.137
2026-08-30436607295.138
2026-08-31544789075.067

12-Month Market Dynamics & Trend Trajectory

Canada House - East Tower has established a robust leasing history since initial occupancy tracking, recording 41 lifetime closed leases with an overall average rent of $3,026 per month. Realized performance reflects an average rate of $4.93 per square foot across an average suite size of 628 square feet, with a lifetime average days on market of 16 days, demonstrating steady tenant absorption velocity across the building. Pricing discipline within the building leans slightly in favor of incoming occupants, supported by a net negotiation discount where transactions settled below asking. With 22.0% of leases closing under asking and the remainder securing terms at or near original pricing, landlords adjusted expectations to match submarket realities, avoiding prolonged vacancy carry in a competitive rental climate.

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
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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)
2026-05-03231007004.4211
2026-05-100N/AN/AN/AN/A
2026-05-17125005504.554
2026-05-24330336824.4440
2026-05-31323335174.866
2026-06-07437137505.1317
2026-06-14123005504.1816
2026-06-21325175834.3115
2026-06-28631086354.9718
2026-07-050N/AN/AN/AN/A
2026-07-12428136104.7513
2026-07-19135007184.8721
2026-07-26630635415.898
2026-08-02327035674.9010
2026-08-09130007384.075
2026-08-16137007504.9334
2026-08-23135007504.6720

Nearby Building Rental Comparables & Price Spreads

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

Canada House - East Tower is evaluated against a competitive set comprising Canada House - West Tower at 3 Concord Cityplace Way (0.02 km away, completed in 2025, with 52 active listings), Optima at Cityplace at 81 Navy Wharf Crt (0.07 km away, built in 2003, with 9 active listings), Harbour View Estates I - Tower at 10 Navy Wharf Crt (0.12 km away, built in 2005, with 11 active listings), and Harbour View Estates I - Lofts at 9 Spadina Ave (0.13 km away, built in 2005, with 3 active listings). This micro-market features a sharp structural divide between contemporary 2025 new-construction completions and established mid-2000s residential towers built over two decades ago. The overall competitive set averages $3,257 per month at $4.70 per square foot across an average suite size of 735 square feet. Positioned within this active hub, Canada House - East Tower reflects its modern asset class by delivering newly constructed layouts that trade at competitive efficiency levels compared to older, larger alternatives in the immediate CityPlace / Fort York submarket.

3 Concord Cityplace Way, Toronto

Avg Asking$3,494/mo
Avg $/SF$4.88
Rent Spread:
-$984/mo (-22.0%) Lower

81 Navy Wharf Crt, Toronto

Avg Asking$3,737/mo
Avg $/SF$5.07
Rent Spread:
-$741/mo (-16.5%) Lower

10 Navy Wharf Crt, Toronto

Avg Asking$4,255/mo
Avg $/SF$5.19
Rent Spread:
-$223/mo (-5.0%) Lower

9 Spadina Ave, Toronto

Avg Asking$2,780/mo
Avg $/SF$4.08
Rent Spread:
-$1,698/mo (-37.9%) Lower

4K Spadina Ave, Toronto

Avg Asking$2,645/mo
Avg $/SF$4.15
Rent Spread:
-$1,833/mo (-40.9%) Lower

3 Navy Wharf Crt, Toronto

Avg Asking$2,968/mo
Avg $/SF$3.73
Rent Spread:
-$1,510/mo (-33.7%) Lower

Comparable Analysis & Questions

How do rental rates at Canada House - East Tower compare to neighbouring buildings within CityPlace / Fort York?

Canada House - East Tower records an average lease rent of $3,026 per month, positioning it below the overall competitive set average of $3,257 per month. Individual competitor benchmarks vary across the micro-market: Canada House - West Tower at 3 Concord Cityplace Way logs an average lease rent of $3,399 per month at $4.79 per square foot across 705 square feet; Optima at Cityplace at 81 Navy Wharf Crt records an average lease rent of $4,047 per month at $5.57 per square foot across 890 square feet; Harbour View Estates I - Tower at 10 Navy Wharf Crt averages $2,982 per month at $4.31 per square foot across 715 square feet; and Harbour View Estates I - Lofts at 9 Spadina Ave averages $2,600 per month at $4.14 per square foot across 629 square feet.

Does Canada House - East Tower offer a competitive price-per-square-foot ($/SF) against local comparables?

Canada House - East Tower delivers a value proposition centered on brand-new 2025 construction efficiency, trading at an average realized rate of $4.93 per square foot across an average suite size of 628 square feet. Renters at Canada House - East Tower trade away the oversized, aging footprints found in mid-2000s alternatives—such as Optima at Cityplace at 81 Navy Wharf Crt, which averages 890 square feet at $5.57 per square foot—in favor of contemporary layout efficiency, reduced utility burdens, and brand-new interior finishes.

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

Canada House - East Tower delivers an extensive, modern wellness and lifestyle amenity package that rivals or exceeds established local competitors. Residents enjoy signature features including an Indoor Pool, a dedicated Yoga Studio alongside a Spin Studio, an outdoor Skating Rink, a Cold Plunge Pool, and a Pet Wash Station. In contrast, older neighboring towers like Optima at Cityplace at 81 Navy Wharf Crt offer standard wellness essentials such as an Indoor Pool, a Gym, and a Hot Tub without specialized recovery or fitness additions like cold plunges and spin spaces. This modern amenity collection at Canada House - East Tower best serves fitness-focused professionals and pet owners seeking a resort-grade lifestyle directly within the CityPlace / Fort York community.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Canada House - East Tower.

Building Amenities

  • Concierge & Security
  • Car Wash Bay
  • Gym & Fitness Centre
  • Yoga Studio
  • Spin Studio
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Children's Playground - Outdoor
  • Kids' Play Room - Indoor
  • Dog Run
  • Pet Wash Station
  • Wine Locker & Tasting Room
  • Outdoor Skating Rink
  • Cold Plunge Pool

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Canada House - East Tower.

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.