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Market Data as of August 31, 2026

Lofts on Queen — Rental Market Data

1003 Queen St E, Toronto, Ontario M4M 1K3
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,550
2-Bedroom
1
$3,000
3-Bedroom+
1
$3,900

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2017
Total Suites8
DeveloperKartelle Corporation

Lofts on Queen, located at 1003 Queen St E in the Toronto East neighborhood, is an established residential building completed in 2017 by Kartelle Corporation. Comprising 8 total suites, the property currently features 3 active listings, yielding a 37.5% availability rate and an average of 2 days on the market. Recent leasing velocity reflects robust demand with 8 leases finalized over the past 30 days averaging 19 days on the market, alongside 95 transactions completed over the trailing 90 days at an average of 21 days on the market.

Active listings command an average asking rent of $3,150 per month at $4.38 per square foot across an average footprint of 717 square feet, compared to realized 90-day leases averaging $2,372 per month at $4.17 per square foot across a historical average of 568 square feet. Current active inventory features larger suite sizing than historical averages, while the active asking rate per square foot of $4.38 exceeds the Toronto East submarket asking benchmark of $3.98 per square foot by 10.1%.

Tenant negotiations over the trailing period yielded an average discount of $37 per month, or 1.44% below asking, with 33.1% of leases closing below asking price. Inventory availability spans three distinct layout tiers with exactly one unit available in each category, offering balanced selection across entry-level and multi-bedroom footprints.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Lofts on Queen as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units3
0
Avg Asking Rent$3,150
+$167 (5.6%)
Avg Suite Size717 sf
-67 sf (8.5%)
Avg Days on Market2d
-32d (94.2%)
Avg Asking $/SF$4.38
+$0.53 (13.8%)

Active Market Insights & Questions

How has rental availability changed at Lofts on Queen recently?

Lofts on Queen features 3 active listings as of August 31, 2026, with an asking price range of $2,550 to $3,900 per month, an average rent of $3,150 per month, and a median asking rent of $3,000 per month. Active suites average 717 square feet with an average asking rate of $4.38 per square foot. Each available layout represents a 33.3% share of current inventory, spanning a balanced distribution of compact and larger multi-bedroom executive configurations.

What floor plans and unit layouts are currently available at Lofts on Queen?

The dominant active layouts at Lofts on Queen are the 1-Bedroom + Den and 2-Bedroom configurations, each accounting for 1 active listing and a 33.3% share of current inventory. The 1-Bedroom + Den tier asks an average of $2,550 per month across 650 square feet at $3.92 per square foot. The 2-Bedroom suite averages $3,000 per month across 650 square feet at $4.62 per square foot, while the 3-Bedroom+ tier lists for $3,900 per month across 850 square feet at $4.59 per square foot.

What is the average asking rent and $/SF by suite size at Lofts on Queen?

Lofts on Queen exhibits a minimum entry rent of $2,550 per month and a peak asking rent of $3,900 per month, creating a dollar spread of $1,350 or 52.9%. The median asking rent sits at $3,000 per month. The entry-level suite consists of a 1-Bedroom + Den layout spanning 650 square feet listed at $3.92 per square foot, whereas the peak suite features a 3-Bedroom+ layout spanning 850 square feet listed at $4.59 per square foot.

How much extra do parking spaces and dens cost at Lofts on Queen?

Lofts on Queen has insufficient sample data to reliably isolate active den premiums or square footage deltas from current listings. Similarly, active parking premiums cannot be reliably isolated due to an insufficient sample or anomalous outliers in the current dataset. Historic lease records indicate a verified parking premium of $292 per month.

How do asking rents at Lofts on Queen compare to local and municipal benchmarks?

Lofts on Queen asks an average rent of $3,150 per month at $4.38 per square foot, compared to the Toronto East submarket asking benchmark of $2,611 per month at $3.98 per square foot. The higher nominal monthly outlay is driven by more expansive suite footprints averaging 717 square feet rather than cheaper unit pricing. The building's asking rate per square foot exceeds submarket asking benchmarks by 10.1%, supported by 3 active listings representing 4.1% of total submarket 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 Lofts on Queen (Data period: For the month of August 2026).

Units Leased8
Avg Leased Price$2,638
Avg Leased Size568 sf
Avg Days to Lease19d
Leased $/SF$4.33

Leased Transaction Insights & Questions

How many suites were leased at Lofts on Queen last month, and how fast did they rent?

At Lofts on Queen, leasing velocity averaged 19 days on market over the trailing 30 days, 21 days over the trailing 90 days, and 21 days across all-time records, outpacing the Toronto East submarket benchmark of 24 days. Closed lease counts tracked at 8 transactions over the past 30 days, 95 transactions over the past 90 days, and 118 total transactions all-time. Leasing turnover accelerated significantly heading into the mid-summer peak before moderating slightly as the summer season concluded.

What is the negotiation spread between asking rents and closed lease prices at Lofts on Queen?

At Lofts on Queen, tenants secured an average discount of $37 per month, representing a 1.44% reduction below asking price and delivering $444 in annual tenant savings through landlord concessions. Exactly 33.1% of historical leases closed below asking price, reflecting a moderately tenant-favorable leasing environment where prospective renters exercised pricing leverage.

What are typical executed lease prices across different layouts at Lofts on Queen?

At Lofts on Queen, the two highest-volume anchor layouts were the 1-Bedroom + Den with 53 closed leases averaging $2,197 per month across 22 days on market, and the 1-Bedroom tier with 22 closed leases averaging $1,950 per month across 23 days on market. The 1-Bedroom + Den tier recorded an average rent of $2,197 per month, a median rent of $2,200 per month, a P25-P75 range of $2,150 to $2,250 per month, an average size of 558 square feet, $3.95 per square foot, and 22 days on market across a robust sample. The 1-Bedroom tier recorded an average rent of $1,950 per month, a median rent of $1,965 per month, a P25-P75 range of $1,885 to $2,000 per month, an average size of 426 square feet, $4.63 per square foot, and 23 days on market across a robust sample. The 3-Bedroom+ tier recorded 16 closed leases with an average rent of $3,306 per month, a median of $3,350 per month, a P25-P75 range of $3,250 to $3,400 per month, an average size of 863 square feet, $3.84 per square foot, and 22 days on market across a robust sample. The Studio tier recorded 14 closed leases with an average rent of $1,827 per month, a median of $1,825 per month, a P25-P75 range of $1,756 to $1,850 per month, an average size of 395 square feet, $4.63 per square foot, and 17 days on market across a robust sample. The 2-Bedroom tier recorded 13 closed leases with an average rent of $2,642 per month, a median of $2,650 per month, a P25-P75 range of $2,600 to $2,700 per month, an average size of 678 square feet, $3.91 per square foot, and 22 days on market across a robust sample.

What measurable rent premium did suites with parking achieve in closed leases at Lofts on Queen?

At Lofts on Queen, verified realized parking premiums averaged $292 per month across successfully leased suites. Parking costs were typically bundled into larger floor plans while remaining variable for smaller footprints. Active parking asking data remained inconclusive due to insufficient paired sample sizes.

How does the lease-to-listing ratio at Lofts on Queen reflect current tenant demand?

At Lofts on Queen, average monthly rent tracked upward from spring through the late summer peak. In April 2026, 6 units leased at an average of $2,008 per month ($4.15 per square foot) with 12 days on market. In May 2026, 17 units leased at an average of $2,046 per month ($3.93 per square foot) with 30 days on market. In June 2026, 52 units leased at an average of $2,209 per month ($4.18 per square foot) with 19 days on market. In July 2026, 35 units leased at an average of $2,554 per month ($4.12 per square foot) with 24 days on market. In August 2026, 8 units leased at an average of $2,638 per month ($4.33 per square foot) with 19 days on market.

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)
2026-04-273921705274.1617
2026-04-283821795314.1519
2026-04-293822015314.1818
2026-04-303822015314.1819
2026-05-014021945284.2019
2026-05-023921985284.2120
2026-05-033921985284.2121
2026-05-044021895244.2222
2026-05-053921975254.2323
2026-05-063821955244.2324
2026-05-073921825174.2724
2026-05-083821835214.2425
2026-05-093921845214.2425
2026-05-104021925254.2324
2026-05-114122055294.2124
2026-05-123922205344.2024
2026-05-134122445424.1924
2026-05-144222335424.1723
2026-05-153922405414.1923
2026-05-163822385414.1923
2026-05-173622505454.1824
2026-05-183622505454.1825
2026-05-193522645494.1826
2026-05-203522235384.1826
2026-05-213222035304.2026
2026-05-223222155324.2126
2026-05-233522475454.1825
2026-05-243422345424.1826
2026-05-253522465464.1725
2026-05-263522505484.1625
2026-05-273422605514.1625
2026-05-283722465454.1823
2026-05-294222555484.1920
2026-05-304522665484.2220
2026-05-314622845514.2320
2026-06-014922665444.2519
2026-06-024922895534.2319
2026-06-035523175584.2316
2026-06-045423145584.2314
2026-06-055623315634.2214
2026-06-065723405654.2315
2026-06-075323635714.2215
2026-06-085024255934.1516
2026-06-094824365914.1817
2026-06-104824345874.1917
2026-06-114624385904.1718
2026-06-124524275844.1919
2026-06-134624745974.1819
2026-06-144624745974.1820
2026-06-154424916024.1721
2026-06-164225296144.1621
2026-06-174025696234.1721
2026-06-184025546204.1621
2026-06-193925636224.1622
2026-06-203925226224.1022
2026-06-213825446304.0822
2026-06-223525476304.0923
2026-06-233625536324.0922
2026-06-243625586374.0522
2026-06-253725496344.0523
2026-06-263525466284.1024
2026-06-273626186474.0924
2026-06-283526296504.0924
2026-06-293526366504.1025
2026-06-303126816644.0823
2026-07-012927186774.0425
2026-07-023027686904.0424
2026-07-032728077014.0326
2026-07-042428627164.0225
2026-07-052328717194.0226
2026-07-062428417124.0226
2026-07-072428417124.0227
2026-07-082328667154.0423
2026-07-092229107294.0125
2026-07-101929757474.0027
2026-07-111927656834.0923
2026-07-121927656834.0924
2026-07-131727686784.1422
2026-07-141627756784.1522
2026-07-151528136874.1621
2026-07-161528136874.1622
2026-07-171427916934.1122
2026-07-181228026834.1823
2026-07-191128847094.1226
2026-07-20829697314.1323
2026-07-21829697314.1324
2026-07-22829697314.1325
2026-07-23529707504.0023
2026-07-24529707504.0024
2026-07-25529707504.0025
2026-07-26529707504.0026
2026-07-27628427164.0123
2026-07-28527106903.9822
2026-07-29428387253.9829
2026-07-30428387253.9830
2026-07-31329837833.8534
2026-08-01329837833.8535
2026-08-02329837833.8536
2026-08-03427006884.0428
2026-08-04325176004.2533
2026-08-05226756254.3720
2026-08-06226756254.3721
2026-08-07324005504.4614
2026-08-08226756254.3723
2026-08-09226756254.3724
2026-08-19128006504.31N/A
2026-08-20225005254.901
2026-08-21328006334.601
2026-08-22328006334.602
2026-08-23328006334.603
2026-08-24328006334.604
2026-08-25231007504.155
2026-08-26231007504.156
2026-08-27231007504.157
2026-08-28332837834.172
2026-08-29332837834.173
2026-08-30332837834.174
2026-08-31331507174.382

12-Month Market Dynamics & Trend Trajectory

Lofts on Queen has established a solid operational track record with 118 total lifetime closed leases across the 8-suite building. Historical transactions achieved an average monthly rent of $2,307 per month at $4.14 per square foot, with an average suite size of 568 square feet and a consistent marketing duration of 21 days on market, reflecting steady tenant turnover. Pricing discipline across the building favored flexible negotiations as 33.1% of transactions secured concessions below asking. Tenants capitalized on market conditions to achieve an average discount of $37 per month, underscoring a tenant-favorable leasing environment where landlords adjusted expectations to secure occupancy.

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)
2026-04-26120505503.7317
2026-05-03321175323.9819
2026-05-10519254734.1241
2026-05-17321005483.9220
2026-05-24420635363.8536
2026-05-31920725114.1418
2026-06-071721335244.2212
2026-06-141021915394.1227
2026-06-211223465784.1421
2026-06-281323355654.1822
2026-07-05825446134.2225
2026-07-121026536843.9128
2026-07-19626926504.2620
2026-07-26327006494.1718
2026-08-02324836334.0727
2026-08-09226256254.3125
2026-08-160N/AN/AN/AN/A
2026-08-23225005254.907
2026-08-30134008504.0010

Nearby Building Rental Comparables & Price Spreads

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

Lofts on Queen at 1003 Queen St E is evaluated alongside direct micro-market competitors within the Toronto East submarket, including Flats – Leslieville at 1075 Queen Street E (0.08 km away, completed in 2017, with 6 active listings), Garment Factory Lofts at 233 Carlaw Ave (0.23 km away, completed in 2008, with 4 active listings), The Printing Factory at 201 Carlaw Ave (0.24 km away, completed in 2010, with 3 active listings), and Abode - 53 Colgate at 53 Colgate Ave (0.35 km away, completed in 2012, with 0 active listings). These properties represent a mix of mid-rise and converted industrial residential generations spanning from 2008 to 2017 construction timelines. Across the competitive set, the overall benchmark average rent sits at $2,721 per month, with an average rate of $4.06 per square foot across an average suite size of 693 square feet. Lofts on Queen positions itself competitively within this peer group by offering modern 2017 construction scale that aligns closely with the submarket's average square footage, while trading at rates that reflect its specific layout efficiency and age-driven value relative to older conversions like Garment Factory Lofts and newer builds like Flats – Leslieville.

1075 Queen Street E, Toronto

Avg Asking$3,049/mo
Avg $/SF$3.80
Rent Spread:
-$101/mo (-3.2%) Lower

233 Carlaw Ave, Toronto

Avg Asking$3,590/mo
Avg $/SF$4.74
Rent Spread:
+$440/mo (+14.0%) Higher

201 Carlaw Ave, Toronto

Avg Asking$2,090/mo
Avg $/SF$3.56
Rent Spread:
-$1,060/mo (-33.7%) Lower

88 Colgate Ave, Toronto

Avg Asking$2,548/mo
Avg $/SF$5.00
Rent Spread:
-$602/mo (-19.1%) Lower

245 Carlaw Ave, Toronto

Avg Asking$3,300/mo
Avg $/SF$2.54
Rent Spread:
+$150/mo (+4.8%) Higher

899 Queen St E, Toronto

Avg Asking$2,688/mo
Avg $/SF$3.96
Rent Spread:
-$463/mo (-14.7%) Lower

Comparable Analysis & Questions

How do rental rates at Lofts on Queen compare to neighbouring buildings within Toronto East?

Lofts on Queen records an average lease rent that compares against an overall competitive set average of $2,721 per month across nearby properties including Flats – Leslieville, Garment Factory Lofts, and The Printing Factory. Flats – Leslieville (1075 Queen Street E) reports an average lease rent of $3,049 per month at $3.81 per square foot across an average of 800 square feet. Garment Factory Lofts (233 Carlaw Ave) commands an average lease rent of $3,238 per month at $4.96 per square foot across 663 square feet. The Printing Factory (201 Carlaw Ave) logs an average lease rent of $1,875 per month at $3.41 per square foot across 617 square feet. Abode - 53 Colgate (53 Colgate Ave) has no active lease transactions recorded over the past 180 days to report average rent figures.

Does Lofts on Queen offer a competitive price-per-square-foot ($/SF) against local comparables?

Lofts on Queen establishes its value proposition by offering an average asking rate per square foot of $4.38 per square foot against an overall comp benchmark of $4.06 per square foot, providing renters with efficient layouts averaging 717 square feet. Renters weighing Lofts on Queen against older or alternative options navigate distinct trade-offs: compared to Garment Factory Lofts at $4.96 per square foot across 663 square feet, the subject building offers a more competitive rate per square foot, whereas compared to The Printing Factory at $3.41 per square foot across 617 square feet, the subject commands a $0.73 per square foot (21.4%) premium that is offset by newer finishes and modern construction efficiencies from 2017.

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

Lofts on Queen delivers a robust lifestyle and amenity profile featuring a Gym & Fitness Centre, Rooftop Terrace, BBQ Area, Games & Billiards Room, Garden & Courtyard, and Concierge & Security. When contrasted with nearby peers, Flats – Leslieville offers a Gym & Fitness Centre, Rooftop Terrace, BBQ Area, Party & Lounge Room, and a Pet Wash Station, while Garment Factory Lofts features a Concierge & Security, Gym & Fitness Centre, Party & Lounge Room, Meeting Room, Media & Theatre Room, BBQ Area, Rooftop Terrace, Hobby Room, and a Dining Room & Kitchen. Additionally, The Printing Factory provides a Concierge & Security, Gym & Fitness Centre, Sauna & Steam Room, Party & Lounge Room, Meeting Room, BBQ Area, Rooftop Terrace, Garden & Courtyard, and Art Gallery & Creative Studio Spaces. This amenity lineup caters ideally to professionals and urban residents seeking active wellness, social spaces, and secure building management in Toronto East.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Lofts on Queen.

Building Amenities

  • Gym & Fitness Centre
  • Rooftop Terrace
  • BBQ Area
  • Games & Billiards Room
  • Garden & Courtyard
  • Concierge & Security

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Lofts on Queen.

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.