Aquabella at Bayside — Rental Market Data

Aquabella at Bayside features 2 active listings as of August 31, 2026, with an asking price range spanning from $2,600 to $5,300 per month, an average rent of $3,950 per month, and a median rent of $3,950 per month. Active suites average 933 square feet at an asking rate of $4.18 per square foot. Inventory is split evenly between a compact 1-Bedroom + Den layout and a larger 2-Bedroom + Den executive suite.

The dominant active layouts at Aquabella at Bayside are 1-Bedroom + Den and 2-Bedroom + Den configurations, each commanding a 50 percent share of the active inventory with 1 listing apiece. The 1-Bedroom + Den tier averages $2,600 per month across 650 square feet at an asking rate of $4.00 per square foot. The 2-Bedroom + Den tier averages $5,300 per month across 1,215 square feet at an asking rate of $4.36 per square foot.

Aquabella at Bayside exhibits a minimum entry rent of $2,600 per month and a peak asking rent of $5,300 per month, creating a dollar spread of $2,700 or a 103.8 percent spread across current listings. The median asking rent sits at $3,950 per month. The entry-level option consists of a 1-Bedroom + Den suite spanning 650 square feet at $4.00 per square foot, while the peak tier comprises a 2-Bedroom + Den layout spanning 1,215 square feet at $4.36 per square foot.

Aquabella at Bayside has active den premium data that is currently unquantified due to insufficient active sample sizes. Active parking premium data cannot be reliably isolated from current listings as it represents an insufficient paired sample.

Aquabella at Bayside asks an average of $3,950 per month at $4.18 per square foot, which compares to the East Bayfront submarket asking benchmark of $3,234 per month at $4.65 per square foot. The higher nominal monthly rent is driven by larger average suite sizes rather than inflated unit pricing, with the building's asking rate per square foot sitting 10.1 percent below the submarket average while accounting for 2.9 percent of submarket active inventory.

Aquabella at Bayside achieves an average lease rent of $4,268 per month, trading above the overall comparable average of $3,351 per month within a competitive set that includes Aquavista at Bayside, Aqualuna at Bayside, Aqualina at Bayside Toronto, and Monde. Aquavista at Bayside (1 Edgewater Dr) reports an average lease rent of $2,838 per month at $4.87 per square foot across an average of 600 square feet. Aqualuna at Bayside (155 Merchants' Wharf) records an average lease rent of $5,163 per month at $5.38 per square foot across an average of 1,116 square feet. Aqualina at Bayside Toronto (15 Merchants' Wharf) posts an average lease rent of $2,796 per month at $4.43 per square foot across an average of 647 square feet. Finally, Monde (12 - 16 Bonnycastle St) logs an average lease rent of $2,606 per month at $4.09 per square foot across an average of 647 square feet.

Aquabella at Bayside establishes its value proposition by offering an average lease rate of $5.15 per square foot across an expansive average footprint of 917 square feet, balancing premium waterfront positioning against nearby alternatives and the submarket benchmark of $4.53 per square foot. Renters evaluating Aquabella at Bayside versus Aqualuna at Bayside (155 Merchants' Wharf) trade at a $0.23 per square foot (4.3%) discount below Aqualuna at Bayside, which commands $5.38 per square foot across 1,116 square feet. Conversely, Aquabella trades at premiums relative to earlier completions, including a $0.28 per square foot (5.7%) premium over Aquavista at Bayside ($4.87 per square foot across 600 square feet), a $0.72 per square foot (16.3%) premium over Aqualina at Bayside Toronto ($4.43 per square foot across 647 square feet), and a $1.06 per square foot (25.9%) premium over Monde ($4.09 per square foot across 647 square feet). Tenants secure considerably larger living footprints—providing 317 more square feet than Aquavista, 270 more square feet than Aqualina, and 270 more square feet than Monde—coupled with contemporary finishes, modern layout efficiency, and lower overall utility burdens typical of newer construction compared to slightly older neighboring stock.

Aquabella at Bayside delivers an extensive, resort-style lifestyle and amenity profile that surpasses many standard neighborhood offerings, catering directly to affluent professionals and families seeking a comprehensive wellness and entertainment environment. The property distinguishes its wellness offerings through an indoor pool, outdoor pool, dedicated yoga studio, spin studio, and a sauna and steam room, contrasting sharply with Aquavista at Bayside which features an outdoor pool, hot tub and jacuzzi, and a cafe juice bar, and Monde which incorporates an outdoor pool, hot tub and jacuzzi, shuttle service, and a piano lounge. For social gatherings and day-to-day convenience, Aquabella features a party and lounge room, a dining room and kitchen, a rooftop terrace with a BBQ area, and an on-site daycare, matching the communal hosting spaces found at Aqualina at Bayside Toronto and Aqualuna at Bayside while adding unique family-centric infrastructure like the on-site daycare that elevates its appeal for long-term resident professionals and small families.