Market Data as of August 31, 2026
Centre - Tower II — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Developed by Pinnacle International in 2007, Centre - Tower II is an established high-rise residential building located at 12 Yonge St in the Harbourfront neighborhood, featuring 298 total suites across its community. Current leasing operations show an active inventory of 2 listings yielding a 0.7 percent availability rate. Over the past 90 days, the building recorded 6 closed transactions with an average of 24 days on the market, while the 30-day window captured 1 closed transaction with an average of 13 days on the market.
Active asking rents average $2,875 per month at $4.23 per square foot, comparing against realized 90-day leases averaging $3,008 per month at $3.63 per square foot. Current active listings average 675 square feet, while historical 90-day leases averaged 807 square feet. The active asking rate per square foot sits 23.4 percent below the broader submarket asking benchmark of $5.52 per square foot.
Marketing friction remains minimal given that delisted inventory rests at zero units, while historical negotiations reflect tenant-favorable conditions with 28.6 percent of leases closing under asking by an average discount of $29 per month or 0.9 percent. Prospective tenants looking at inventory availability will find an evenly split selection between 1-Bedroom and 2-Bedroom plus Den layouts, though each active tier consists of a single listing.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Centre - Tower II as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Centre - Tower II recently?
Centre - Tower II features 2 active listings as of August 31, 2026, with an asking price range spanning from $2,250 to $3,500 per month, an average rent of $2,875 per month, and a median rent of $2,875 per month. Current inventory averages 675 square feet with an asking rate of $4.23 per square foot. The active inventory is split evenly between 1-Bedroom and 2-Bedroom plus Den suites, providing a balanced selection of both compact entry-level units and multi-bedroom executive layouts.
What floor plans and unit layouts are currently available at Centre - Tower II?
The dominant active layouts at Centre - Tower II are 1-Bedroom and 2-Bedroom plus Den suites, each holding a 50 percent share of current inventory with 1 listing apiece. The available 1-Bedroom tier averages $2,250 per month across 550 square feet at an asking rate of $4.09 per square foot. Meanwhile, the 2-Bedroom plus Den tier averages $3,500 per month across 800 square feet at an asking rate of $4.38 per square foot.
What is the average asking rent and $/SF by suite size at Centre - Tower II?
Centre - Tower II records a minimum entry rent of $2,250 per month and a peak asking rent of $3,500 per month, creating a dollar spread of $1,250 per month or a 55.6 percent spread across active listings. The median asking rent sits at $2,875 per month. The entry-level option consists of a 1-Bedroom suite spanning 550 square feet priced at $4.09 per square foot, whereas the peak suite is a 2-Bedroom plus Den layout spanning 800 square feet priced at $4.38 per square foot.
How much extra do parking spaces and dens cost at Centre - Tower II?
Centre - Tower II has no active den premium data available as den dimensions and price deltas are unquantified. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, meaning parking stall costs cannot be definitively established from current listings.
How do asking rents at Centre - Tower II compare to local and municipal benchmarks?
Centre - Tower II asks an average of $2,875 per month at $4.23 per square foot, compared to the broader Harbourfront submarket asking benchmark of $3,992 per month at $5.52 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot tracks 23.4 percent below submarket asking benchmarks, while representing a modest share of total submarket inventory with 34 active listings across the area.
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 Centre - Tower II (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Centre - Tower II last month, and how fast did they rent?
At Centre - Tower II, units recorded an average of 13 days on market over the 30-day window, 24 days over the 90-day window, and a submarket benchmark of 23 days. Leasing turnover experienced steady pacing across the summer tracking period. The platform logged 1 closed lease in the 30-day window, 6 closed leases in the 90-day window, and 7 total leases over the full tracked timeline.
What is the negotiation spread between asking rents and closed lease prices at Centre - Tower II?
At Centre - Tower II, transactions closed at an average discount of $29 per month, representing a 0.9% reduction from asking prices and yielding annual tenant savings of $348 per year. Market leverage favored tenants during this period, reflecting standard landlord concessions on unrented inventory.
What are typical executed lease prices across different layouts at Centre - Tower II?
At Centre - Tower II, the two highest-volume anchor layouts were 2-Bedroom units at an average monthly rent of $3,117 per month with an average 35 days on market, and 1-Bedroom + Den units at $2,500 per month with an average 9 days on market. For the 2-Bedroom tier, this represents a limited sample size of 3 closed leases, a median rent of $3,200 per month, a P25-P75 range of $3,025 to $3,250 per month, an average size of 850 square feet, and $3.68 per square foot. For the 1-Bedroom + Den tier, this represents a limited sample size of 2 closed leases, a median rent of $2,500 per month, a P25-P75 range of $2,500 to $2,500 per month, an average size of 650 square feet, and $3.85 per square foot. For the 2-Bedroom + Den tier, this represents a limited sample size of 2 closed leases with an average rent of $3,100 per month, a median of $3,100 per month, a P25-P75 range of $3,000 to $3,200 per month, an average size of 900 square feet, $3.44 per square foot, and an average 12 days on market.
What measurable rent premium did suites with parking achieve in closed leases at Centre - Tower II?
At Centre - Tower II, realized leased parking premium data was unavailable due to insufficient paired data across historical transactions. Parking was generally bundled into overarching lease agreements without separate line-item values. Active asking parking rates remained inconclusive due to an insufficient sample size.
How does the lease-to-listing ratio at Centre - Tower II reflect current tenant demand?
At Centre - Tower II, overall rent trajectory moved from $2,500 per month in April to $3,300 per month in June before settling back to $2,500 per month in August. April recorded 1 closed deal averaging $2,500 per month, $3.85 per square foot, and 4 days on market. June recorded 2 closed deals averaging $3,300 per month, $3.68 per square foot, and 10 days on market. July recorded 3 closed deals averaging $2,983 per month, $3.53 per square foot, and 37 days on market. August recorded 1 closed deal averaging $2,500 per month, $3.85 per square foot, and 13 days on market.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 1 | 2850 | 750 | 3.80 | 17 |
| 2026-04-28 | 1 | 2850 | 750 | 3.80 | 18 |
| 2026-04-29 | 1 | 2850 | 750 | 3.80 | 19 |
| 2026-04-30 | 1 | 2850 | 750 | 3.80 | 20 |
| 2026-05-01 | 1 | 2850 | 750 | 3.80 | 21 |
| 2026-05-02 | 1 | 2850 | 750 | 3.80 | 22 |
| 2026-05-03 | 1 | 2850 | 750 | 3.80 | 23 |
| 2026-05-04 | 1 | 2850 | 750 | 3.80 | 24 |
| 2026-05-05 | 1 | 2850 | 750 | 3.80 | 25 |
| 2026-05-06 | 1 | 2850 | 750 | 3.80 | 26 |
| 2026-05-07 | 1 | 2850 | 750 | 3.80 | 27 |
| 2026-05-08 | 1 | 2850 | 750 | 3.80 | 28 |
| 2026-05-09 | 1 | 2850 | 750 | 3.80 | 29 |
| 2026-05-10 | 1 | 2850 | 750 | 3.80 | 30 |
| 2026-05-11 | 1 | 2850 | 750 | 3.80 | 31 |
| 2026-05-12 | 1 | 2850 | 750 | 3.80 | 32 |
| 2026-05-13 | 1 | 2850 | 750 | 3.80 | 33 |
| 2026-05-14 | 1 | 2850 | 750 | 3.80 | 34 |
| 2026-05-15 | 1 | 2850 | 750 | 3.80 | 35 |
| 2026-05-16 | 1 | 2850 | 750 | 3.80 | 36 |
| 2026-05-17 | 1 | 2850 | 750 | 3.80 | 37 |
| 2026-05-18 | 1 | 2850 | 750 | 3.80 | 38 |
| 2026-05-19 | 1 | 2850 | 750 | 3.80 | 39 |
| 2026-05-20 | 1 | 2850 | 750 | 3.80 | 40 |
| 2026-05-21 | 1 | 2850 | 750 | 3.80 | 41 |
| 2026-05-22 | 1 | 2850 | 750 | 3.80 | 42 |
| 2026-05-23 | 1 | 2850 | 750 | 3.80 | 43 |
| 2026-05-24 | 1 | 2850 | 750 | 3.80 | 44 |
| 2026-05-25 | 1 | 2850 | 750 | 3.80 | 45 |
| 2026-05-26 | 1 | 2850 | 750 | 3.80 | 46 |
| 2026-05-27 | 1 | 2850 | 750 | 3.80 | 47 |
| 2026-05-28 | 1 | 2850 | 750 | 3.80 | 48 |
| 2026-05-29 | 1 | 2850 | 750 | 3.80 | 49 |
| 2026-05-30 | 1 | 2850 | 750 | 3.80 | 50 |
| 2026-05-31 | 1 | 2850 | 750 | 3.80 | 51 |
| 2026-06-01 | 1 | 2850 | 750 | 3.80 | 52 |
| 2026-06-02 | 2 | 3125 | 850 | 3.69 | 27 |
| 2026-06-03 | 2 | 3125 | 850 | 3.69 | 28 |
| 2026-06-04 | 2 | 3125 | 850 | 3.69 | 29 |
| 2026-06-05 | 2 | 3125 | 850 | 3.69 | 30 |
| 2026-06-06 | 2 | 3125 | 850 | 3.69 | 31 |
| 2026-06-07 | 2 | 3125 | 850 | 3.69 | 32 |
| 2026-06-08 | 2 | 3125 | 850 | 3.69 | 33 |
| 2026-06-09 | 2 | 3125 | 850 | 3.69 | 34 |
| 2026-06-10 | 2 | 3125 | 850 | 3.69 | 35 |
| 2026-06-11 | 2 | 3125 | 850 | 3.69 | 36 |
| 2026-06-12 | 2 | 3125 | 850 | 3.69 | 37 |
| 2026-06-13 | 2 | 3125 | 850 | 3.69 | 38 |
| 2026-06-14 | 1 | 2850 | 750 | 3.80 | 65 |
| 2026-06-15 | 1 | 2850 | 750 | 3.80 | 66 |
| 2026-06-16 | 1 | 2850 | 750 | 3.80 | 67 |
| 2026-06-17 | 1 | 2850 | 750 | 3.80 | 68 |
| 2026-06-18 | 1 | 2850 | 750 | 3.80 | 69 |
| 2026-06-19 | 1 | 2850 | 750 | 3.80 | 70 |
| 2026-06-20 | 1 | 2850 | 750 | 3.80 | 71 |
| 2026-06-21 | 1 | 2850 | 750 | 3.80 | 72 |
| 2026-06-22 | 2 | 3075 | 800 | 3.84 | 37 |
| 2026-06-23 | 2 | 3075 | 800 | 3.84 | 38 |
| 2026-06-24 | 2 | 3075 | 800 | 3.84 | 39 |
| 2026-06-25 | 2 | 3075 | 800 | 3.84 | 40 |
| 2026-06-26 | 2 | 3075 | 800 | 3.84 | 41 |
| 2026-06-27 | 2 | 3075 | 800 | 3.84 | 42 |
| 2026-06-28 | 2 | 3075 | 800 | 3.84 | 43 |
| 2026-06-29 | 1 | 2850 | 750 | 3.80 | 80 |
| 2026-06-30 | 1 | 2850 | 750 | 3.80 | 81 |
| 2026-07-01 | 1 | 2850 | 750 | 3.80 | 82 |
| 2026-07-02 | 2 | 2875 | 800 | 3.61 | 42 |
| 2026-07-03 | 2 | 2875 | 800 | 3.61 | 43 |
| 2026-07-04 | 2 | 2875 | 800 | 3.61 | 44 |
| 2026-07-05 | 2 | 2875 | 800 | 3.61 | 45 |
| 2026-07-06 | 2 | 2875 | 800 | 3.61 | 46 |
| 2026-07-07 | 2 | 2875 | 800 | 3.61 | 47 |
| 2026-07-08 | 2 | 2875 | 800 | 3.61 | 48 |
| 2026-07-09 | 2 | 2875 | 800 | 3.61 | 49 |
| 2026-07-10 | 2 | 2875 | 800 | 3.61 | 50 |
| 2026-07-11 | 2 | 2875 | 800 | 3.61 | 51 |
| 2026-07-12 | 2 | 2875 | 800 | 3.61 | 52 |
| 2026-07-13 | 2 | 2875 | 800 | 3.61 | 53 |
| 2026-07-25 | 1 | 3200 | 950 | 3.37 | N/A |
| 2026-07-26 | 1 | 3200 | 950 | 3.37 | 1 |
| 2026-07-27 | 1 | 3200 | 950 | 3.37 | 2 |
| 2026-07-31 | 1 | 2500 | 650 | 3.85 | N/A |
| 2026-08-01 | 1 | 2500 | 650 | 3.85 | 1 |
| 2026-08-02 | 1 | 2500 | 650 | 3.85 | 2 |
| 2026-08-03 | 1 | 2500 | 650 | 3.85 | 3 |
| 2026-08-04 | 1 | 2500 | 650 | 3.85 | 4 |
| 2026-08-05 | 2 | 2375 | 600 | 3.97 | 3 |
| 2026-08-06 | 2 | 2375 | 600 | 3.97 | 4 |
| 2026-08-07 | 3 | 2750 | 667 | 4.10 | 3 |
| 2026-08-08 | 3 | 2750 | 667 | 4.10 | 4 |
| 2026-08-09 | 3 | 2750 | 667 | 4.10 | 5 |
| 2026-08-10 | 3 | 2750 | 667 | 4.10 | 6 |
| 2026-08-11 | 3 | 2750 | 667 | 4.10 | 7 |
| 2026-08-12 | 3 | 2750 | 667 | 4.10 | 8 |
| 2026-08-13 | 2 | 2875 | 675 | 4.23 | 7 |
| 2026-08-14 | 2 | 2875 | 675 | 4.23 | 8 |
| 2026-08-15 | 2 | 2875 | 675 | 4.23 | 9 |
| 2026-08-16 | 2 | 2875 | 675 | 4.23 | 10 |
| 2026-08-17 | 2 | 2875 | 675 | 4.23 | 11 |
| 2026-08-18 | 2 | 2875 | 675 | 4.23 | 12 |
| 2026-08-19 | 2 | 2875 | 675 | 4.23 | 13 |
| 2026-08-20 | 2 | 2875 | 675 | 4.23 | 14 |
| 2026-08-21 | 2 | 2875 | 675 | 4.23 | 15 |
| 2026-08-22 | 2 | 2875 | 675 | 4.23 | 16 |
| 2026-08-23 | 2 | 2875 | 675 | 4.23 | 17 |
| 2026-08-24 | 2 | 2875 | 675 | 4.23 | 18 |
| 2026-08-25 | 2 | 2875 | 675 | 4.23 | 19 |
| 2026-08-26 | 2 | 2875 | 675 | 4.23 | 20 |
| 2026-08-27 | 2 | 2875 | 675 | 4.23 | 21 |
| 2026-08-28 | 2 | 2875 | 675 | 4.23 | 22 |
| 2026-08-29 | 2 | 2875 | 675 | 4.23 | 23 |
| 2026-08-30 | 2 | 2875 | 675 | 4.23 | 24 |
| 2026-08-31 | 2 | 2875 | 675 | 4.23 | 25 |
12-Month Market Dynamics & Trend Trajectory
Centre - Tower II recorded 7 lifetime closed leases with an average monthly rent of $2,936 per month, an average rate of $3.66 per square foot, and an average suite size of 807 square feet. Lifetime days on market averaged 21 days, reflecting steady tenant turnover across the building. Transactions settled with an average discount of $29 per month, representing a 0.9% markdown from asking prices and yielding annual tenant savings of $348 per year. Market conditions delivered favorable leverage to incoming occupants, with landlords accommodating minor pricing concessions to secure inventory.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-06-14 | 1 | 3300 | 950 | 3.47 | 12 |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 1 | 3300 | 850 | 3.88 | 7 |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 2 | 2875 | 800 | 3.61 | 54 |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 1 | 3200 | 950 | 3.37 | 3 |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 1 | 2500 | 650 | 3.85 | 13 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Centre - Tower II at 12 Yonge St operates within a dense micro-market alongside established downtown peers, including 33 Bay Residences at Centre located 0.04 km away (built in 2011 with 11 active listings), World Trade Centre I located 0.07 km away (built in 1991 with 1 active listing), Centre - Tower I located 0.07 km away (built in 2006 with 16 active listings), and Success Tower at Centre located 0.08 km away (built in 2009 with 9 active listings). These mid-2000s and early-2010s developments reflect the high-density buildout of the Harbourfront waterfront district, contrasting with older 1990s structural typologies. Evaluating the broader competitive set, the overall comparable benchmark registers an average lease rent of $2,953 per month, an average rate of $4.11 per square foot, and an average suite size of 728 square feet. Centre - Tower II positions itself attractively within this cluster by offering competitive per-square-foot rates and comparatively generous interior footprints that align with its 2007 completion era.
Comparable Analysis & Questions
How do rental rates at Centre - Tower II compare to neighbouring buildings within Harbourfront?
Centre - Tower II achieves an average lease rent of $2,936 per month, aligning closely with the overall comp average of $2,953 per month across primary benchmarks like 33 Bay Residences at Centre, World Trade Centre I, Centre - Tower I, and Success Tower at Centre. Individual competitor metrics show 33 Bay Residences at Centre (33 Bay St) averaging $3,073 per month at $4.37 per square foot across 732 square feet; World Trade Centre I (10 Yonge St) averaging $2,600 per month at $4.00 per square foot across 650 square feet; Centre - Tower I (16 Yonge St) averaging $2,937 per month at $3.97 per square foot across 747 square feet; and Success Tower at Centre (16 - 18 Harbour St) averaging $3,203 per month at $4.08 per square foot across 783 square feet.
Does Centre - Tower II offer a competitive price-per-square-foot ($/SF) against local comparables?
Centre - Tower II establishes its value proposition through a competitive leased rate of $3.66 per square foot and an average suite size of 807 square feet, undercutting the submarket benchmark of $4.44 per square foot. Renters enjoy larger floor plans that exceed nearby alternatives—such as World Trade Centre I at 650 square feet ($4.00 per square foot) and 33 Bay Residences at Centre at 732 square feet ($4.37 per square foot)—without paying a premium per square foot.
How do building age, amenities, and developer reputation impact rent spreads?
Centre - Tower II delivers an extensive recreation and lifestyle program featuring a 24/7 concierge and security, a fully equipped gym and fitness centre, an indoor pool with a hot tub and jacuzzi, a sauna and steam room, and a dedicated rooftop terrace with a BBQ area. When contrasted with nearby peers, these amenities match or exceed competing offerings, such as the indoor pool and squash courts at 33 Bay Residences at Centre (33 Bay St), the yoga studio and outdoor pool at World Trade Centre I (10 Yonge St), the cyber lounge at Centre - Tower I (16 Yonge St), and the kids' play room and car sharing at Success Tower at Centre (16 - 18 Harbour St). This robust amenity infrastructure exceptionally serves professionals and families seeking full-service building facilities in the Harbourfront node.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Centre - Tower II.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Basketball Court
- Tennis & Pickleball Court
- Squash & Racquetball Court
- Party & Lounge Room
- Meeting Room
- Business Centre
- Media & Theatre Room
- Games & Billiards Room
- Library & Reading Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Garden & Courtyard
- Golf Putting Green
- Running Track
- Wine Cellar
- Cyber Lounge
Residential Buildings in the Vicinity
- 33 Bay Residences at Centre43 m
- World Trade Centre I66 m
- Centre - Tower I68 m
- Success Tower at Centre83 m
- World Trade Centre II133 m
- The Prestige at One Yonge158 m
- 18 Yonge171 m
- Pier 27 - Tower on the Lake217 m
- Harbour Square226 m
- Pier 27 I280 m
- Harbour Plaza Residences - East Tower282 m
- Harbour Plaza Residences - West Tower306 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Centre - Tower II.
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.
