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Market Data as of August 31, 2026

The Carlaw — Rental Market Data

1190 Dundas St E, Toronto, Ontario M4M 1S2
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom + Den
1
$3,350

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2015
Total Suites311
DeveloperStreetcar Developments & Dundee Realty

The Carlaw at 1190 Dundas St E in the Toronto East submarket is an established residential building completed in 2015 by Streetcar Developments & Dundee Realty, housing 311 suites. Current availability stands at 1 active listing, representing a 0.3% availability rate. The property recorded 7 closed leases over the past 90 days with an average days on market of 30, alongside 2 closed leases over the past 30 days with an average days on market of 39.

Active asking rent sits at $3,350 per month for an 850 square foot floor plan, yielding an asking rate of $3.94 per square foot compared to realized 90-day leases averaging $2,229 per month at $4.49 per square foot across an average of 506 square feet. The active inventory skews toward larger family-sized layouts compared to historical leases which were dominated by more compact 1-bedroom footprints. The active asking rate of $3.94 per square foot trades slightly below the submarket asking benchmark of $3.98 per square foot.

Negotiation patterns demonstrate tenant-favorable conditions where deals closed at an average discount of $28 per month (1.02% below asking), saving tenants money through modest landlord concessions while zero units sat in delisted status. Prospective tenants face a restricted selection with only 1 active unit on the market, concentrating total availability entirely within the 2-bedroom plus den tier while other layouts remain fully occupied.

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Active Rental Inventory & Asking Rates

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

Active Units1
-1 (50.0%)
Avg Asking Rent$3,350
+$875 (35.4%)
Avg Suite Size850 sf
+225 sf (36.0%)
Avg Days on Market0d
-25d (100.0%)
Avg Asking $/SF$3.94
-$0.26 (6.2%)

Active Market Insights & Questions

How has rental availability changed at The Carlaw recently?

At The Carlaw, 1 active listing is available as of August 31, 2026, commanding an average rent of $3,350 per month, a median rent of $3,350 per month, and a price range of $3,350 per month. The available suite measures an average of 850 square feet with an asking rate of $3.94 per square foot per square foot. The 2-bedroom plus den layout commands 100% of current inventory, reflecting a complete lean toward multi-bedroom executive layouts rather than compact entry-level suites.

What floor plans and unit layouts are currently available at The Carlaw?

The dominant active layout at The Carlaw is the 2-bedroom plus den, accounting for the single available listing and holding a 100% inventory share. This sole active tier provides an average rent of $3,350 per month, a median rent of $3,350 per month, and a P25-P75 range of $3,350 to $3,350 per month across an average size of 850 square feet at an asking rate of $3.94 per square foot per square foot. There are zero units currently available across all other bedroom tiers.

What is the average asking rent and $/SF by suite size at The Carlaw?

The Carlaw features a flat pricing spread of $3,350 per month between its minimum entry rent of $3,350 per month and peak asking rent of $3,350 per month, resulting in a zero dollar and zero percent spread. The median asking rent aligns at $3,350 per month. The entry-level suite consists of a 2-bedroom plus den layout spanning 850 square feet at $3.94 per square foot per square foot, matching the peak suite profile identically.

How much extra do parking spaces and dens cost at The Carlaw?

Active den premiums and square footage deltas at The Carlaw cannot be quantified from the current single-listing inventory. Parking premium data cannot be reliably isolated due to insufficient paired samples within the current listings.

How do asking rents at The Carlaw compare to local and municipal benchmarks?

The Carlaw asks an average rent of $3,350 per month at $3.94 per square foot, comparing to broader submarket benchmarks of $2,611 per month and $3.98 per square foot. The lower nominal monthly rent variance is driven by more compact suite sizing in comparable properties rather than cheaper unit pricing. The building achieves an asking rate variance of -1% relative to submarket asking benchmarks while commanding a 1.4% share of submarket inventory based on its active count.

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 The Carlaw (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,325
Avg Leased Size506 sf
Avg Days to Lease39d
Leased $/SF$3.96

Leased Transaction Insights & Questions

How many suites were leased at The Carlaw last month, and how fast did they rent?

At The Carlaw, the 30-day average days on market is 39 days, the 90-day average days on market is 30 days, and the Toronto East submarket benchmark is 24 days. Closed lease counts shifted from 2 deals over the past 30 days to 7 deals across the 90-day window, matching the lifetime total of 9 completed leases. This transaction velocity indicates steady leasing activity through the summer months.

What is the negotiation spread between asking rents and closed lease prices at The Carlaw?

At The Carlaw, leases closed at an average discount of $28 per month (1.02% below asking), saving tenants $336 per year. Specifically, 22.2% of leases closed under asking while the remaining balance settled at asking price, reflecting a moderately tenant-favorable leasing environment where prospective renters occasionally secured modest concessions.

What are typical executed lease prices across different layouts at The Carlaw?

The Carlaw is anchored by 1-Bedroom and 2-Bedroom suites, which represent the top two volume floor plans. Specifically, the 1-Bedroom tier averaged an average rent of $1,950 per month, a median rent of $1,900 per month, and a P25-P75 range of $1,900 to $1,950 per month across 25 days on market. The 1-Bedroom tier: closed count of 7, average rent of $1,950 per month, median rent of $1,900 per month, P25-P75 range of $1,900 to $1,950 per month, average square feet of 421, rate per square foot of $4.69 per square foot, and 25 days on market. The 2-Bedroom tier: closed count of 1, average rent of $3,300 per month, median rent of $3,300 per month, P25-P75 range of $3,300 to $3,300 per month, average square feet of 750, rate per square foot of $4.40 per square foot, and 5 days on market (note that this represents an individual deal rather than a broad statistical benchmark). The 2-Bedroom + Den tier: closed count of 1, average rent of $2,800 per month, median rent of $2,800 per month, P25-P75 range of $2,800 to $2,800 per month, average square feet of 850, rate per square foot of $3.29 per square foot, and 45 days on market (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 The Carlaw?

Parking premium data at The Carlaw is inconclusive due to insufficient paired lease records. Suite bundling patterns indicate that vehicle spaces were either not included in these specific lease transactions or lacked distinct line-item disclosures. Consequently, realized parking values cannot be directly isolated against active asking rates.

How does the lease-to-listing ratio at The Carlaw reflect current tenant demand?

Monthly rent trajectories at The Carlaw displayed typical seasonal variation through the spring and summer timeline. In April 2026, 1 lease closed averaging $1,950 per month ($3.55 per square foot per square foot) with 4 days on market. In May 2026, 1 lease closed at $2,200 per month ($5.50 per square foot per square foot) with 12 days on market. In June 2026, 3 leases closed averaging $2,367 per month ($4.63 per square foot per square foot) over 35 days on market. In July 2026, 2 leases closed averaging $1,925 per month ($4.81 per square foot per square foot) with 13 days on market. In August 2026, 2 leases closed averaging $2,325 per month ($3.96 per square foot per square foot) with 39 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)
2026-04-27322005004.5037
2026-04-28322005004.5038
2026-04-29320004005.0032
2026-04-30320004005.0033
2026-05-01419754004.9425
2026-05-02419754004.9426
2026-05-03419754004.9427
2026-05-04419754004.9428
2026-05-05419754004.9429
2026-05-06419754004.9430
2026-05-07419754004.9431
2026-05-08419754004.9432
2026-05-09419754004.9433
2026-05-10419754004.9434
2026-05-11319004004.7543
2026-05-12219004004.7523
2026-05-13219004004.7524
2026-05-14219004004.7525
2026-05-15219004004.7526
2026-05-16219004004.7527
2026-05-17219004004.7528
2026-05-18219004004.7529
2026-05-19219004004.7530
2026-05-20219004004.7531
2026-05-21219004004.7532
2026-05-22219004004.7533
2026-05-23219004004.7534
2026-05-24219004004.7535
2026-05-25219004004.7536
2026-05-26322004834.6024
2026-05-27322004834.6025
2026-05-28322004834.6026
2026-05-29322004834.6027
2026-05-30322004834.6028
2026-05-31322004834.6029
2026-06-01322004834.6030
2026-06-02424755504.5524
2026-06-03424755504.5525
2026-06-04424755504.5526
2026-06-05326676004.4916
2026-06-06326676004.4917
2026-06-07223505254.5325
2026-06-08223505254.5326
2026-06-09223505254.5327
2026-06-10223505254.5328
2026-06-11223505254.5329
2026-06-12128006504.3117
2026-06-13128006504.3118
2026-06-14128006504.3119
2026-06-15128006504.3120
2026-06-16128006504.3121
2026-06-17128006504.3122
2026-06-18128006504.3123
2026-06-19128006504.3124
2026-06-20128006504.3125
2026-06-21128006504.3126
2026-06-22128006504.3127
2026-06-23223755254.5914
2026-06-24223755254.5915
2026-06-25223755254.5916
2026-06-26322174834.6411
2026-06-27322174834.6412
2026-06-28322174834.6413
2026-06-29322174834.6414
2026-06-30322174834.6415
2026-07-01322174834.6416
2026-07-02421504634.7013
2026-07-03322334834.6916
2026-07-04322334834.6917
2026-07-05322334834.6918
2026-07-06322334834.6919
2026-07-07219504004.8810
2026-07-08219504004.8811
2026-07-09219504004.8812
2026-07-10323005504.438
2026-07-11224756254.205
2026-07-12224756254.206
2026-07-13224756254.207
2026-07-14224756254.208
2026-07-15224756254.209
2026-07-16224756254.2010
2026-07-17224756254.2011
2026-07-18224756254.2012
2026-07-19224756254.2013
2026-07-20224756254.2014
2026-07-21224756254.2015
2026-07-22224756254.2016
2026-07-23224756254.2017
2026-07-24224756254.2018
2026-07-25224756254.2019
2026-07-26224756254.2020
2026-07-27224756254.2021
2026-07-28224756254.2022
2026-07-29224756254.2023
2026-07-30224756254.2024
2026-07-31224756254.2025
2026-08-01224756254.2026
2026-08-02224756254.2027
2026-08-03130008503.5324
2026-08-04130008503.5325
2026-08-05130008503.5326
2026-08-06130008503.5327
2026-08-07130008503.5328
2026-08-08130008503.5329
2026-08-09130008503.5330
2026-08-10130008503.5331
2026-08-11130008503.5332
2026-08-12130008503.5333
2026-08-13130008503.5334
2026-08-14130008503.5335
2026-08-15130008503.5336
2026-08-16130008503.5337
2026-08-17130008503.5338
2026-08-18130008503.5339
2026-08-19130008503.5340
2026-08-20130008503.5341
2026-08-21130008503.5342
2026-08-22130008503.5343
2026-08-23130008503.5344
2026-08-31133508503.94N/A

12-Month Market Dynamics & Trend Trajectory

The Carlaw has established a lifetime leasing volume of 9 completed transactions, achieving an overall average monthly rent of $2,194 per month at $4.50 per square foot per square foot across an average suite size of 506 square feet and a lifetime average days on market of 25 days. Tenant turnover remained healthy, supported by consistent leasing absorption throughout the tracked operational timeline. Pricing discipline at the property favoured prospective occupants, with 22.2% of transactions securing price reductions and the remainder closing at asking price. Tenants negotiated an average monthly discount of $28 per month (1.02% below asking), yielding an annual savings of $336 per year and confirming modest tenant leverage during lease negotiations.

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
Max 2 selected
Show min/max boundaries

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)
2026-05-10122004005.5012
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-31119004004.7558
2026-06-07226005754.5824
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28119004004.757
2026-07-05119504004.8818
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-02118504004.6332
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23128008503.2945

Nearby Building Rental Comparables & Price Spreads

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

The competitive set for The Carlaw at 1190 Dundas St E includes four nearby residential buildings: Flatiron Lofts at 1201 Dundas St E (0.03 km away, completed in 2012, 1 active listings), Work Lofts at 319 Carlaw Ave (0.1 km away, completed in 2012, 2 active listings), The Taylor at 1238 Dundas St E (0.1 km away, completed in 2016, 2 active listings), and Izone at 326 Carlaw Ave (0.13 km away, completed in 2002, 2 active listings). These properties reflect a mix of early-2000s adaptive reuse and mid-2010s mid-rise developments within the Toronto East submarket. Across this micro-market, the overall comparable benchmark registers an average lease rent of $3,344 per month at an average rate of $4.45 per square foot across an average suite size of 835 square feet. Positioned within this competitive landscape, The Carlaw—built in 2015—delivers an established 311-suite development that balances modern layout efficiency against older industrial conversions like Izone, while trading competitively relative to the broader neighborhood baseline.

1201 Dundas St E, Toronto

Avg Asking$2,400/mo
Avg $/SF$3.69
Rent Spread:
-$950/mo (-28.4%) Lower

319 Carlaw Ave, Toronto

Avg Asking$2,200/mo
Avg $/SF$4.23
Rent Spread:
-$1,150/mo (-34.3%) Lower

1238 Dundas St E, Toronto

Avg Asking$2,875/mo
Avg $/SF$4.47
Rent Spread:
-$475/mo (-14.2%) Lower
Izone129 m

326 Carlaw Ave, Toronto

Avg Asking$6,000/mo
Avg $/SF$5.58
Rent Spread:
+$2,650/mo (+79.1%) Higher

245 Carlaw Ave, Toronto

Avg Asking$3,300/mo
Avg $/SF$2.54
Rent Spread:
-$50/mo (-1.5%) Lower

88 Colgate Ave, Toronto

Avg Asking$2,548/mo
Avg $/SF$5.00
Rent Spread:
-$802/mo (-23.9%) Lower

Comparable Analysis & Questions

How do rental rates at The Carlaw compare to neighbouring buildings within Toronto East?

The Carlaw achieves an average lease rent of $2,194 per month, trading below the overall comparable market average of $3,344 per month across nearby properties such as Flatiron Lofts, Work Lofts, The Taylor, and Izone. Individual competitor benchmarks include Flatiron Lofts at 1201 Dundas St E with an average lease rent of $2,400 per month ($3.69 per square foot across 650 square feet), Work Lofts at 319 Carlaw Ave at $2,100 per month ($4.05 per square foot across 525 square feet), The Taylor at 1238 Dundas St E at $2,875 per month ($4.48 per square foot across 650 square feet), and the larger industrial conversion Izone at 326 Carlaw Ave commanding $6,000 per month ($5.57 per square foot across 1,515 square feet).

Does The Carlaw offer a competitive price-per-square-foot ($/SF) against local comparables?

The Carlaw positions itself competitively in the Toronto East submarket by offering an average leased rate of $4.50 per square foot across an average footprint of 506 square feet. Renters evaluating the building versus older or larger alternatives trade off expansive square footage for modern floor plan efficiency and lower overall monthly commitments. For instance, while Izone at 326 Carlaw Ave offers sprawling industrial layouts averaging 1,515 square feet at $5.57 per square foot, and Flatiron Lofts provides 650 square feet at $3.69 per square foot, The Carlaw delivers a streamlined, manageable living footprint suited to contemporary urban lifestyles.

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

The Carlaw provides an extensive amenity package featuring a 24-hour concierge and security service, a fully equipped gym and fitness centre, a dedicated yoga studio, a party and lounge room, a meeting room, a business centre, a media and theatre room, a rooftop terrace, a BBQ area, a garden and courtyard, and a spa. These offerings contrast with Flatiron Lofts at 1201 Dundas St E (which features a concierge and security, party and lounge room, meeting room, games and billiards room, rooftop terrace, and garden and courtyard), Work Lofts at 319 Carlaw Ave (which features a concierge and security, shared laundry room, party and lounge room, meeting room, business centre, dining room and kitchen, BBQ area, rooftop terrace, and garden and courtyard), The Taylor at 1238 Dundas St E (which features a gym and fitness centre, concierge and security, garden and courtyard, party and lounge room, Beanfield Fibre, and FibreStream Internet), and Izone at 326 Carlaw Ave (which features a BBQ area, concierge and security, meeting room, party and lounge room, rooftop terrace, pet wash station, and shared laundry room). The Carlaw stands out for its comprehensive wellness and social infrastructure, offering dedicated fitness and spa spaces that exceed the localized competitor set.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Carlaw.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Rooftop Terrace
  • BBQ Area
  • Garden & Courtyard
  • Spa

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Carlaw.

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.