Market Data as of August 31, 2026
1001 Bay — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
1001 Bay is a 546-suite established residential development located at 1001 Bay St in the Downtown Core neighborhood of Toronto, developed by Strasscorp Holdings and completed in 1990. Current active inventory lists 4 available suites, translating to an availability rate of 0.7 percent. Over the past 90 days, the building recorded 22 closed transactions averaging 26 days on the market, while the last 30 days saw 6 closed transactions averaging 27 days on the market.
Active asking rent averages $2,981 per month at an average rate of $3.52 per square foot, comparing against realized 90-day leases averaging $2,999 per month at $4.13 per square foot. Current active listings average 850 square feet compared to historical lease sizes averaging 805 square feet. The active asking rate of $3.52 per square foot sits 22.8 percent below the wider submarket asking benchmark of $4.56 per square foot.
Unrented units sat on the market for an average of 61 days before being delisted, exceeding the closed average of 26 days by 34 days while asking an average of $2,700 per month, which is $201 per month above realized lease averages, indicating that unrented units were overpriced relative to realized leases. Tenants maintained favorable leverage across recent negotiations, securing an average discount of $48 per month, or 1.49 percent below asking, with 36.7 percent of leases closing under asking. Inventory selection currently centers on 1-Bedroom + Den layouts offering 2 active units, while standard 1-Bedroom and 2-Bedroom tiers feature single available suites each.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at 1001 Bay as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at 1001 Bay recently?
1001 Bay features 4 active listings as of August 31, 2026, spanning a price range from $2,595 to $3,750 per month, an average rent of $2,981 per month, and a median rent of $2,790 per month. Active inventory averages 850 square feet with an asking rate of $3.52 per square foot. The 1-Bedroom + Den tier dominates active inventory with a 50 percent share, positioning current listings toward functional layouts with compact multi-purpose rooms rather than pure entry-level studios.
What floor plans and unit layouts are currently available at 1001 Bay?
1-Bedroom + Den configurations represent the dominant active layout with 2 listings commanding a 50 percent share of current availability. The building also maintains single active listings for the 1-Bedroom tier holding a 25 percent share with an average rent of $2,595 per month and 850 square feet at $3.05 per square foot, and the 2-Bedroom tier holding a 25 percent share with an average rent of $3,750 per month and 1,000 square feet at $3.75 per square foot. The 1-Bedroom + Den suites average $2,790 per month across 775 square feet at $3.65 per square foot.
What is the average asking rent and $/SF by suite size at 1001 Bay?
1001 Bay exhibits a minimum entry rent of $2,595 per month and a peak asking rent of $3,750 per month, generating a dollar spread of $1,155 per month and a percentage spread of 44.5 percent. Median asking rent rests at $2,790 per month across active inventory. The entry-level suite consists of a 1-Bedroom unit spanning 850 square feet priced at $3.05 per square foot, while the peak suite is a 2-Bedroom layout providing 1,000 square feet at $3.75 per square foot.
How much extra do parking spaces and dens cost at 1001 Bay?
1001 Bay features an active den premium of $195 per month tied to a square footage delta of minus 75 square feet. The marginal cost per square foot for the extra den space is unquantified due to the negative square footage delta. Verified parking stalls require an additional monthly fee of $220 per month.
How do asking rents at 1001 Bay compare to local and municipal benchmarks?
1001 Bay asks an average rent of $2,981 per month at $3.52 per square foot, comparing against submarket averages of $3,471 per month and $4.56 per square foot. The lower nominal monthly rent is supported by suite sizing and pricing adjustments rather than cheaper unit quality. The building asking rate per square foot sits 22.8 percent below the submarket asking benchmark across its 4 active listings.
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 1001 Bay (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at 1001 Bay last month, and how fast did they rent?
At 1001 Bay, the 30-day average days on market reached 27 days, compared to a 90-day average of 26 days and a submarket benchmark of 21 days. Closed lease counts shifted from 22 transactions over the 90-day window to 6 transactions in the final 30 days. Leasing velocity moderated through the late summer period following steady spring transaction volumes.
What is the negotiation spread between asking rents and closed lease prices at 1001 Bay?
At 1001 Bay, transactions closed with an average tenant discount of $48 per month, representing a 1.49% markdown from initial asking prices and saving tenants $576 per year. Exactly 36.7% of closed leases secured concessions below asking price, reflecting favorable leasing conditions for incoming tenants.
What are typical executed lease prices across different layouts at 1001 Bay?
The two highest-volume anchor layouts at 1001 Bay are the 1-Bedroom + Den, averaging $2,746 per month across 24 days on market, and the 2-Bedroom + Den, averaging $3,867 per month across 29 days on market. The 1-Bedroom tier recorded 5 closed leases with an average rent of $2,160 per month, a median of $2,100 per month, a P25-P75 range of $2,100 to $2,300 per month, an average size of 592 square feet at $3.67 per square foot, and 23 days on market. The 2-Bedroom tier recorded 2 closed leases representing a limited sample size, averaging $3,850 per month, a median of $3,850 per month, a P25-P75 range of $3,825 to $3,875 per month, an average size of 1,124 square feet at $3.43 per square foot, and 25 days on market. The 3-Bedroom+ tier recorded 2 closed leases representing a limited sample size, averaging $3,600 per month, a median of $3,600 per month, a P25-P75 range of $3,300 to $3,900 per month, an average size of 708 square feet at $8.01 per square foot, and 49 days on market.
What measurable rent premium did suites with parking achieve in closed leases at 1001 Bay?
At 1001 Bay, realized parking privileges commanded a verified premium of $130 per month. Suite leasing patterns indicate that parking was bundled into larger multi-bedroom floor plans while remaining unbundled or excluded in select compact configurations. Active asking parking rates are currently listed at $220 per month.
How does the lease-to-listing ratio at 1001 Bay reflect current tenant demand?
At 1001 Bay, average monthly rents moved dynamically from spring through late summer alongside shifting lease volumes. April recorded 2 closed leases averaging $2,350 per month at $3.64 per square foot over 46 days on market. May saw 6 closed leases average $3,233 per month at $3.65 per square foot over 22 days on market. June captured 8 closed leases at an average of $3,006 per month at $3.65 per square foot over 32 days on market. July peaked with 8 closed leases averaging $3,368 per month at $4.96 per square foot over 18 days on market. August concluded the tracked period with 6 closed leases averaging $2,499 per month at $3.66 per square foot over 27 days on market.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at 1001 Bay (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at 1001 Bay, and what was their re-listing price compared to previous asking?
At 1001 Bay, 1 unrented unit was removed from the market, yielding a delisted-to-leased ratio of 16.7% against 30 historical leases. This total consisted of 0 terminated listings, 1 expired listing, and 0 suspended listings. This indicates a healthy market turnover where approximately 1 listing was pulled for every 6 successful leases.
How do asking prices on de-listed suites compare to executed leases and active listings at 1001 Bay?
At 1001 Bay, unrented delisted units asked an average of $2,700 per month, which was $201 per month above realized lease averages of $2,499 per month. Unrented listings asked a rate of $3.60 per square foot, demonstrating that prospective tenants rejected overpricing on unrented floor plans.
What market friction causes rental listings to stall or de-list at 1001 Bay?
At 1001 Bay, unrented listings lingered on the market for an average of 61 days compared to a realized lease average of 27 days. This excess marketing duration of 34 days generated meaningful vacancy carry, equivalent to over a month of lost rental income plus ongoing monthly condo maintenance fees.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 7 | 2979 | 877 | 3.47 | 33 |
| 2026-04-28 | 8 | 3131 | 930 | 3.44 | 30 |
| 2026-04-29 | 8 | 3131 | 930 | 3.44 | 31 |
| 2026-04-30 | 7 | 3279 | 984 | 3.39 | 30 |
| 2026-05-01 | 7 | 3279 | 984 | 3.39 | 31 |
| 2026-05-02 | 8 | 3344 | 998 | 3.40 | 28 |
| 2026-05-03 | 7 | 3479 | 1061 | 3.27 | 31 |
| 2026-05-04 | 7 | 3479 | 1061 | 3.27 | 32 |
| 2026-05-05 | 9 | 3472 | 1045 | 3.32 | 26 |
| 2026-05-06 | 9 | 3472 | 1045 | 3.32 | 27 |
| 2026-05-07 | 10 | 3420 | 1015 | 3.39 | 25 |
| 2026-05-08 | 11 | 3332 | 973 | 3.48 | 24 |
| 2026-05-09 | 11 | 3332 | 973 | 3.48 | 25 |
| 2026-05-10 | 11 | 3332 | 973 | 3.48 | 26 |
| 2026-05-11 | 11 | 3332 | 973 | 3.48 | 27 |
| 2026-05-12 | 11 | 3332 | 973 | 3.48 | 28 |
| 2026-05-13 | 10 | 3265 | 958 | 3.48 | 27 |
| 2026-05-14 | 10 | 3265 | 958 | 3.48 | 28 |
| 2026-05-15 | 10 | 3265 | 958 | 3.48 | 29 |
| 2026-05-16 | 10 | 3265 | 958 | 3.48 | 30 |
| 2026-05-17 | 10 | 3265 | 958 | 3.48 | 31 |
| 2026-05-18 | 10 | 3265 | 958 | 3.48 | 32 |
| 2026-05-19 | 9 | 3206 | 939 | 3.49 | 36 |
| 2026-05-20 | 9 | 3206 | 939 | 3.49 | 37 |
| 2026-05-21 | 9 | 3206 | 939 | 3.49 | 38 |
| 2026-05-22 | 9 | 3206 | 939 | 3.49 | 39 |
| 2026-05-23 | 9 | 3206 | 939 | 3.49 | 40 |
| 2026-05-24 | 9 | 3206 | 939 | 3.49 | 41 |
| 2026-05-25 | 7 | 3171 | 943 | 3.39 | 47 |
| 2026-05-26 | 7 | 3029 | 900 | 3.41 | 45 |
| 2026-05-27 | 7 | 3029 | 900 | 3.41 | 46 |
| 2026-05-28 | 7 | 3029 | 900 | 3.41 | 47 |
| 2026-05-29 | 6 | 2900 | 867 | 3.40 | 52 |
| 2026-05-30 | 6 | 2900 | 867 | 3.40 | 53 |
| 2026-05-31 | 6 | 2900 | 867 | 3.40 | 54 |
| 2026-06-01 | 7 | 2871 | 850 | 3.43 | 47 |
| 2026-06-02 | 7 | 2871 | 850 | 3.43 | 48 |
| 2026-06-03 | 7 | 2871 | 850 | 3.43 | 49 |
| 2026-06-04 | 7 | 2871 | 850 | 3.43 | 50 |
| 2026-06-05 | 8 | 2975 | 881 | 3.42 | 45 |
| 2026-06-06 | 9 | 2958 | 856 | 3.53 | 40 |
| 2026-06-07 | 9 | 2958 | 856 | 3.53 | 41 |
| 2026-06-08 | 9 | 2958 | 856 | 3.53 | 42 |
| 2026-06-09 | 9 | 2958 | 856 | 3.53 | 43 |
| 2026-06-10 | 10 | 2933 | 845 | 3.53 | 40 |
| 2026-06-11 | 11 | 3030 | 871 | 3.53 | 37 |
| 2026-06-12 | 12 | 3018 | 861 | 3.56 | 35 |
| 2026-06-13 | 12 | 3018 | 861 | 3.56 | 36 |
| 2026-06-14 | 12 | 3018 | 861 | 3.56 | 37 |
| 2026-06-15 | 11 | 2956 | 839 | 3.58 | 41 |
| 2026-06-16 | 11 | 2956 | 839 | 3.58 | 42 |
| 2026-06-17 | 12 | 2960 | 840 | 3.57 | 39 |
| 2026-06-18 | 12 | 2960 | 840 | 3.57 | 40 |
| 2026-06-19 | 12 | 3025 | 878 | 3.48 | 40 |
| 2026-06-20 | 12 | 3016 | 840 | 3.63 | 33 |
| 2026-06-21 | 12 | 3016 | 840 | 3.63 | 34 |
| 2026-06-22 | 11 | 3100 | 867 | 3.61 | 36 |
| 2026-06-23 | 10 | 3025 | 834 | 3.68 | 30 |
| 2026-06-24 | 10 | 2994 | 813 | 3.75 | 31 |
| 2026-06-25 | 11 | 2967 | 807 | 3.73 | 29 |
| 2026-06-26 | 11 | 2967 | 807 | 3.73 | 30 |
| 2026-06-27 | 12 | 3045 | 833 | 3.71 | 28 |
| 2026-06-28 | 12 | 3045 | 833 | 3.71 | 29 |
| 2026-06-29 | 12 | 3161 | 805 | 4.46 | 30 |
| 2026-06-30 | 12 | 3161 | 805 | 4.46 | 31 |
| 2026-07-01 | 12 | 3161 | 805 | 4.46 | 32 |
| 2026-07-02 | 9 | 3265 | 835 | 4.62 | 35 |
| 2026-07-03 | 9 | 2962 | 771 | 4.48 | 34 |
| 2026-07-04 | 9 | 2962 | 771 | 4.48 | 35 |
| 2026-07-05 | 9 | 2962 | 771 | 4.48 | 36 |
| 2026-07-06 | 7 | 2651 | 786 | 3.36 | 45 |
| 2026-07-07 | 8 | 2633 | 769 | 3.42 | 40 |
| 2026-07-08 | 7 | 2466 | 707 | 3.49 | 41 |
| 2026-07-09 | 6 | 2429 | 717 | 3.38 | 46 |
| 2026-07-10 | 7 | 2489 | 721 | 3.44 | 41 |
| 2026-07-11 | 7 | 2489 | 721 | 3.44 | 42 |
| 2026-07-12 | 7 | 2489 | 721 | 3.44 | 43 |
| 2026-07-13 | 7 | 2489 | 721 | 3.44 | 44 |
| 2026-07-14 | 8 | 2528 | 713 | 3.55 | 39 |
| 2026-07-15 | 8 | 2528 | 713 | 3.55 | 40 |
| 2026-07-16 | 8 | 2513 | 713 | 3.53 | 29 |
| 2026-07-17 | 8 | 2513 | 713 | 3.53 | 30 |
| 2026-07-18 | 8 | 2513 | 713 | 3.53 | 31 |
| 2026-07-19 | 8 | 2513 | 713 | 3.53 | 32 |
| 2026-07-20 | 9 | 2400 | 706 | 3.39 | 29 |
| 2026-07-21 | 9 | 2400 | 706 | 3.39 | 30 |
| 2026-07-22 | 9 | 2400 | 706 | 3.39 | 31 |
| 2026-07-23 | 9 | 2400 | 706 | 3.39 | 32 |
| 2026-07-24 | 9 | 2400 | 706 | 3.39 | 33 |
| 2026-07-25 | 9 | 2400 | 706 | 3.39 | 34 |
| 2026-07-26 | 9 | 2400 | 706 | 3.39 | 35 |
| 2026-07-27 | 9 | 2400 | 706 | 3.39 | 36 |
| 2026-07-28 | 9 | 2400 | 706 | 3.39 | 37 |
| 2026-07-29 | 9 | 2400 | 706 | 3.39 | 38 |
| 2026-07-30 | 9 | 2400 | 706 | 3.39 | 39 |
| 2026-07-31 | 9 | 2400 | 694 | 3.44 | 21 |
| 2026-08-01 | 9 | 2400 | 694 | 3.44 | 22 |
| 2026-08-02 | 8 | 2350 | 700 | 3.33 | 24 |
| 2026-08-03 | 8 | 2350 | 700 | 3.33 | 25 |
| 2026-08-04 | 8 | 2515 | 738 | 3.42 | 22 |
| 2026-08-05 | 8 | 2515 | 738 | 3.42 | 23 |
| 2026-08-06 | 8 | 2515 | 738 | 3.42 | 24 |
| 2026-08-07 | 7 | 2503 | 736 | 3.42 | 27 |
| 2026-08-08 | 6 | 2446 | 733 | 3.35 | 28 |
| 2026-08-09 | 7 | 2511 | 729 | 3.47 | 25 |
| 2026-08-10 | 5 | 2475 | 740 | 3.36 | 17 |
| 2026-08-11 | 5 | 2475 | 740 | 3.36 | 18 |
| 2026-08-12 | 5 | 2475 | 740 | 3.36 | 19 |
| 2026-08-13 | 4 | 2719 | 763 | 3.63 | 19 |
| 2026-08-14 | 4 | 2719 | 763 | 3.63 | 20 |
| 2026-08-15 | 4 | 2719 | 763 | 3.63 | 21 |
| 2026-08-16 | 4 | 2719 | 763 | 3.63 | 22 |
| 2026-08-17 | 4 | 2719 | 763 | 3.63 | 23 |
| 2026-08-18 | 4 | 2719 | 763 | 3.63 | 24 |
| 2026-08-19 | 5 | 2925 | 810 | 3.65 | 20 |
| 2026-08-20 | 5 | 2925 | 810 | 3.65 | 21 |
| 2026-08-21 | 5 | 2925 | 810 | 3.65 | 22 |
| 2026-08-22 | 5 | 2925 | 810 | 3.65 | 23 |
| 2026-08-23 | 5 | 2925 | 810 | 3.65 | 24 |
| 2026-08-24 | 5 | 2925 | 810 | 3.65 | 25 |
| 2026-08-25 | 5 | 2925 | 810 | 3.65 | 26 |
| 2026-08-26 | 5 | 2925 | 810 | 3.65 | 27 |
| 2026-08-27 | 4 | 2981 | 850 | 3.52 | 23 |
| 2026-08-28 | 4 | 2981 | 850 | 3.52 | 24 |
| 2026-08-29 | 4 | 2981 | 850 | 3.52 | 25 |
| 2026-08-30 | 4 | 2981 | 850 | 3.52 | 26 |
| 2026-08-31 | 4 | 2981 | 850 | 3.52 | 27 |
12-Month Market Dynamics & Trend Trajectory
At 1001 Bay, lifetime leasing volume reached 30 closed transactions with an average monthly rent of $3,003 per month, an average rate of $4.00 per square foot, and an average suite size of 805 square feet. Average days on market stood at 26 days, demonstrating steady tenant turnover across the building's operational history. Pricing discipline favored incoming renters, as 36.7% of transactions successfully negotiated discounts below initial asking prices. Leases settled with an average tenant discount of $48 per month, representing a 1.49% markdown that generated $576 in annual savings per participating household.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 2300 | 560 | 4.11 | 12 |
| 2026-05-10 | 1 | 3800 | 1127 | 3.37 | 41 |
| 2026-05-17 | 1 | 3850 | 1127 | 3.42 | 14 |
| 2026-05-24 | 3 | 3150 | 900 | 3.67 | 22 |
| 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 | 3 | 3167 | 950 | 3.47 | 38 |
| 2026-06-21 | 4 | 2938 | 815 | 3.63 | 35 |
| 2026-06-28 | 5 | 3070 | 785 | 3.97 | 21 |
| 2026-07-05 | 4 | 3598 | 797 | 6.05 | 13 |
| 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 | 3 | 2732 | 717 | 3.83 | 18 |
| 2026-08-09 | 2 | 2025 | 650 | 3.12 | 29 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 1 | 2750 | 650 | 4.23 | 50 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Located at 1001 Bay St, 1001 Bay is evaluated against a competitive set including 1Thousand Bay at 57 St Joseph St (0.05 km away, completed in 2016 with 64 active listings), The Polo Club II at 44 St Joseph St (0.06 km away, completed in 1988 with 20 active listings), The Britt at 955 Bay St (0.09 km away, completed in 2020 with 90 active listings), and an alternate address for The Britt at 31 Phipps Street (0.09 km away, completed in 2019 with 5 active listings). This micro-market spans structural generations, contrasting the established 1988 construction of The Polo Club II and the 1990 baseline of the subject property against the mid-2010s and 2020 completions of 1Thousand Bay and The Britt. Within this Downtown Core micro-market, the overall comparable benchmark registers an average lease rent of $2,722 per month at $4.56 per square foot across an average suite size of 625 square feet. 1001 Bay positions itself with a larger average scale of 805 square feet while offering a competitive rate of $4.00 per square foot, providing renters with greater room dimensions and a more favorable baseline value than newer, more compact vertical stock nearby.
Comparable Analysis & Questions
How do rental rates at 1001 Bay compare to neighbouring buildings within Downtown Core?
1001 Bay records an average lease rent of $3,003 per month, trading comparatively against an overall comp average of $2,722 per month across prominent local benchmarks like 1Thousand Bay, The Polo Club II, and The Britt. Individual competitor lease metrics show 1Thousand Bay at 57 St Joseph St averaging $2,638 per month at $5.00 per square foot across 551 square feet; The Polo Club II at 44 St Joseph St averaging $2,748 per month at $3.97 per square foot across 709 square feet; The Britt at 955 Bay St averaging $2,816 per month at $4.59 per square foot across 619 square feet; and the 31 Phipps Street listing of The Britt averaging $2,687 per month at $4.69 per square foot across 620 square feet.
Does 1001 Bay offer a competitive price-per-square-foot ($/SF) against local comparables?
1001 Bay establishes its value proposition by offering an average lease rate of $4.00 per square foot across an expansive 805 square feet, undercutting the submarket's average asking rate of $4.56 per square foot and delivering more interior square footage than nearby alternatives. Renters at 1001 Bay trade newer construction finishes for significantly larger living spaces; for instance, while 1Thousand Bay leases smaller 551 square foot layouts at $5.00 per square foot, and The Britt leases 619 square foot units at $4.59 per square foot, the subject building provides significantly more room to breathe at a lower rate per square foot.
How do building age, amenities, and developer reputation impact rent spreads?
1001 Bay delivers a robust amenity package tailored to active urban professionals seeking comprehensive recreational and wellness facilities on-site. The building features an indoor pool, a fully equipped gym and fitness centre, a squash and racquetball court, and a rooftop terrace, contrasting with newer peers like 1Thousand Bay which incorporates a yoga studio and media room, or The Britt which adds spin studios, pet wash stations, and dedicated business centres. This extensive recreational layout serves established downtown renters and fitness-minded professionals prioritizing functional wellness infrastructure over modern micro-amenities.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around 1001 Bay.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Basketball Court
- Squash & Racquetball Court
- Party & Lounge Room
- Games & Billiards Room
- BBQ Area
- Rooftop Terrace
Residential Buildings in the Vicinity
- 1Thousand Bay55 m
- The Polo Club II65 m
- The Britt87 m
- The Britt88 m
- Eleven Residences102 m
- The Polo Club I132 m
- Century Plaza144 m
- Five145 m
- Queen's Park Place157 m
- 8 Wellesley187 m
- U Condominiums - East Tower195 m
- 11 Wellesley on the Park207 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for 1001 Bay.
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.