Market Data as of August 31, 2026
Artist's Alley - West Tower — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Artist's Alley - West Tower, located at 121 St Patrick St in the Downtown West neighborhood and developed by Lanterra Developments, is an established 217-suite residential development completed in 2025. The property features 1 active listing representing a 0.5% availability rate. Over the past 90 days, the building recorded 22 closed leases with an average days on market of 24 days, alongside 3 closed leases over the past 30 days with an average days on market of 15 days.
Active asking rent sits at $2,200 per month at a rate of $5.50 per square foot across an average of 400 square feet, which contrasts with realized 90-day leases averaging $2,667 per month at $4.38 per square foot across larger historical floor plans. Current active inventory skews toward more compact suites compared to past leases, and the building's active asking rate per square foot stands 14.3% above the submarket asking benchmark of $4.81 per square foot.
Marketing friction is characterized by an average of 6 days on market for active listings compared to 37 days on market for delisted units, while historical negotiations reflect a tenant-favorable environment where tenants secured an average discount of $17 per month, or 0.29% below asking. Inventory availability is currently limited to a single active studio suite, offering zero availability across multi-bedroom layout tiers.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Artist's Alley - West Tower as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Artist's Alley - West Tower recently?
Artist's Alley - West Tower features 1 active listing as of August 31, 2026, with an asking price range, average rent, and median rent of $2,200 per month. Current inventory averages 400 square feet with an asking rate of $5.50 per square foot, and studios make up 100% of the active inventory share, meaning available listings lean exclusively toward compact entry-level layouts rather than multi-bedroom executive floor plans.
What floor plans and unit layouts are currently available at Artist's Alley - West Tower?
Studios represent the dominant active layout at Artist's Alley - West Tower, accounting for 1 active listing and a 100% inventory share. This single available studio tier offers an average asking rent of $2,200 per month across an average of 400 square feet at a rate of $5.50 per square foot. There are zero units currently available across all other layout tiers.
What is the average asking rent and $/SF by suite size at Artist's Alley - West Tower?
Artist's Alley - West Tower lists a minimum entry rent and peak asking rent of $2,200 per month, resulting in a dollar spread of $0 and a percentage spread of 0%. Median asking rent rests at $2,200 per month, while the entry-level studio suite spans 400 square feet at an asking rate of $5.50 per square foot. The sole active listing matches these exact metrics as the building's current offering.
How much extra do parking spaces and dens cost at Artist's Alley - West Tower?
Artist's Alley - West Tower has no active den premium data available, as the active den premium dollar amount and square footage delta are null. Den marginal costs per square foot cannot be calculated due to unquantified layout deltas, and parking premium data cannot be reliably isolated from current listings due to an insufficient sample.
How do asking rents at Artist's Alley - West Tower compare to local and municipal benchmarks?
Artist's Alley - West Tower asks an average rent of $2,200 per month at $5.50 per square foot, which compares to the Downtown West submarket asking averages of $3,080 per month and $4.81 per square foot. The lower monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing, positioning the building's asking rate per square foot 14.3% above submarket asking benchmarks while representing a 0.6% share of submarket active 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 Artist's Alley - West Tower (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Artist's Alley - West Tower last month, and how fast did they rent?
Artist's Alley - West Tower recorded a 30-day average days on market of 15 days, a 90-day average days on market of 24 days, and a submarket benchmark days on market of 20 days. Leasing velocity accelerated over the summer months, moving from 2 closed leases in April to a peak of 13 closed leases in July, before moderating to 3 closed leases in August. Lifetime leasing volume reached 27 total transactions across the tracked period.
What is the negotiation spread between asking rents and closed lease prices at Artist's Alley - West Tower?
Artist's Alley - West Tower units closed at an average discount of $17 per month or 0.29% below asking, delivering total annual tenant savings of $204 per year. Approximately 29.6% of leases closed under asking, reflecting minor tenant leverage and landlord concessions, while the remaining transactions closed at asking price with no properties commanding an above-asking premium.
What are typical executed lease prices across different layouts at Artist's Alley - West Tower?
Artist's Alley - West Tower is anchored by Studio and 1-Bedroom + Den layouts, which achieved average monthly rents of $1,971 per month over 31 days on market and $2,433 per month over 13 days on market, respectively. Studio suites averaged 419 square feet at $4.74 per square foot across a moderate sample of 7 units, with an average rent of $1,971 per month, a median rent of $1,950 per month, and a P25-P75 range of $1,925 to $1,975 per month. 1-Bedroom + Den suites averaged 550 square feet at $4.42 per square foot across 6 units, registering an average rent of $2,433 per month, a median rent of $2,450 per month, and a P25-P75 range between $2,412 and $2,450 per month. 2-Bedroom suites averaged $2,830 per month across 710 square feet at $3.99 per square foot over 30 days on market, representing a moderate sample of 5 closed leases with a median rent of $2,800 per month and a P25-P75 range from $2,750 to $3,000 per month. 3-Bedroom+ suites averaged $4,038 per month across 1,038 square feet at $3.94 per square foot over 33 days on market, serving as a directional reference based on a small sample of 4 closed leases with a median rent of $4,025 per month and a P25-P75 range between $3,912 and $4,150 per month (note that this represents an individual deal rather than a broad statistical benchmark). 2-Bedroom + Den suites averaged $3,190 per month across 820 square feet at $3.89 per square foot over 31 days on market, providing a directional reference based on a small sample of 3 closed leases with a median rent of $3,250 per month and a P25-P75 range from $3,135 to $3,275 per month (note that this represents an individual deal rather than a broad statistical benchmark). 1-Bedroom suites averaged $2,225 per month across 475 square feet at $4.81 per square foot over 10 days on market, acting as a directional reference from a small sample of 2 closed leases with a median rent of $2,225 per month and a P25-P75 range between $2,212 and $2,238 per month (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 Artist's Alley - West Tower?
Artist's Alley - West Tower parking data lacks sufficient paired market observations to isolate a distinct monthly premium. Suite leasing patterns indicate that parking stalls were either bundled into larger floor plans or omitted from separate line-item disclosures. Active asking data similarly lacks reliable paired samples to establish a standalone parking surcharge.
How does the lease-to-listing ratio at Artist's Alley - West Tower reflect current tenant demand?
Artist's Alley - West Tower realized an average rent trajectory that shifted from $2,300 per month in April across 2 closed deals at $4.52 per square foot over 22 days on market to $3,150 per month in May across 3 closed deals at $3.82 per square foot over 41 days on market. June recorded 6 closed leases averaging $2,695 per month at $4.02 per square foot over 33 days on market. July saw leasing activity peak at 13 closed transactions averaging $2,512 per month at $4.59 per square foot over 22 days on market. August concluded the summer period with 3 closed leases averaging $3,283 per month at $4.17 per square foot over 15 days on market.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Artist's Alley - West Tower (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Artist's Alley - West Tower, and what was their re-listing price compared to previous asking?
Artist's Alley - West Tower recorded 1 delisted unit, representing a delisted-to-lifetime-leased ratio of 3.7% and a delisted-to-30-day-leased ratio of 33.3%. The single removed listing consisted entirely of a terminated property with zero expired or suspended listings. This indicates a healthy market turnover where approximately 1 listing was pulled for every 27 successful leases.
How do asking prices on de-listed suites compare to executed leases and active listings at Artist's Alley - West Tower?
Artist's Alley - West Tower unrented units asked an average of $3,000 per month, which was $283 per month below realized lease averages nominally, driven by smaller average floor plans. However, these delisted units commanded a higher rate per square foot of $4.62 per square foot compared to the all-time leased average of $4.32 per square foot, demonstrating that prospective tenants rejected high-density rate per square foot pricing.
What market friction causes rental listings to stall or de-list at Artist's Alley - West Tower?
Artist's Alley - West Tower delisted units spent an average of 37 days on market compared to 26 days for realized leases. This excess marketing duration of 11 days beyond lifetime benchmarks translates into roughly 0.4 months of lost rental income plus ongoing condo maintenance fees, representing the carrying cost incurred before the listing was pulled.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 5 | 3236 | 862 | 3.81 | 27 |
| 2026-04-28 | 5 | 3236 | 862 | 3.81 | 28 |
| 2026-04-29 | 4 | 3345 | 916 | 3.68 | 33 |
| 2026-04-30 | 4 | 3345 | 916 | 3.68 | 34 |
| 2026-05-01 | 4 | 3345 | 916 | 3.68 | 35 |
| 2026-05-02 | 5 | 3296 | 882 | 3.77 | 29 |
| 2026-05-03 | 5 | 3296 | 882 | 3.77 | 30 |
| 2026-05-04 | 6 | 3072 | 802 | 3.96 | 26 |
| 2026-05-05 | 6 | 3072 | 802 | 3.96 | 27 |
| 2026-05-06 | 6 | 3072 | 802 | 3.96 | 28 |
| 2026-05-07 | 6 | 3072 | 802 | 3.96 | 29 |
| 2026-05-08 | 6 | 3072 | 802 | 3.96 | 30 |
| 2026-05-09 | 6 | 3072 | 802 | 3.96 | 31 |
| 2026-05-10 | 6 | 3072 | 802 | 3.96 | 32 |
| 2026-05-11 | 6 | 3072 | 802 | 3.96 | 33 |
| 2026-05-12 | 6 | 3072 | 802 | 3.96 | 34 |
| 2026-05-13 | 6 | 3072 | 802 | 3.96 | 35 |
| 2026-05-14 | 6 | 3072 | 802 | 3.96 | 36 |
| 2026-05-15 | 6 | 3072 | 802 | 3.96 | 37 |
| 2026-05-16 | 6 | 3072 | 802 | 3.96 | 38 |
| 2026-05-17 | 5 | 3186 | 832 | 3.98 | 31 |
| 2026-05-18 | 5 | 3186 | 832 | 3.98 | 32 |
| 2026-05-19 | 5 | 3186 | 832 | 3.98 | 33 |
| 2026-05-20 | 5 | 3186 | 832 | 3.98 | 34 |
| 2026-05-21 | 4 | 3208 | 853 | 3.94 | 40 |
| 2026-05-22 | 4 | 3208 | 853 | 3.94 | 41 |
| 2026-05-23 | 3 | 2960 | 771 | 4.06 | 46 |
| 2026-05-24 | 3 | 2960 | 771 | 4.06 | 47 |
| 2026-05-25 | 3 | 2960 | 771 | 4.06 | 48 |
| 2026-05-26 | 3 | 2960 | 771 | 4.06 | 49 |
| 2026-05-27 | 3 | 2960 | 771 | 4.06 | 50 |
| 2026-05-28 | 4 | 2708 | 678 | 4.26 | 38 |
| 2026-05-29 | 4 | 2708 | 678 | 4.26 | 39 |
| 2026-05-30 | 4 | 2708 | 678 | 4.26 | 40 |
| 2026-05-31 | 4 | 2708 | 678 | 4.26 | 41 |
| 2026-06-01 | 5 | 2646 | 652 | 4.28 | 34 |
| 2026-06-02 | 5 | 2646 | 652 | 4.28 | 35 |
| 2026-06-03 | 5 | 2646 | 652 | 4.28 | 36 |
| 2026-06-04 | 5 | 2646 | 652 | 4.28 | 37 |
| 2026-06-05 | 6 | 2613 | 635 | 4.31 | 31 |
| 2026-06-06 | 7 | 2554 | 623 | 4.27 | 28 |
| 2026-06-07 | 6 | 2338 | 544 | 4.39 | 18 |
| 2026-06-08 | 7 | 2283 | 523 | 4.46 | 16 |
| 2026-06-09 | 7 | 2283 | 523 | 4.46 | 17 |
| 2026-06-10 | 7 | 2283 | 523 | 4.46 | 18 |
| 2026-06-11 | 7 | 2283 | 523 | 4.46 | 19 |
| 2026-06-12 | 7 | 2283 | 523 | 4.46 | 20 |
| 2026-06-13 | 7 | 2283 | 523 | 4.46 | 21 |
| 2026-06-14 | 8 | 2360 | 552 | 4.39 | 19 |
| 2026-06-15 | 7 | 2347 | 552 | 4.38 | 22 |
| 2026-06-16 | 8 | 2291 | 533 | 4.42 | 20 |
| 2026-06-17 | 8 | 2291 | 533 | 4.42 | 21 |
| 2026-06-18 | 8 | 2291 | 533 | 4.42 | 22 |
| 2026-06-19 | 8 | 2291 | 533 | 4.42 | 23 |
| 2026-06-20 | 8 | 2291 | 533 | 4.42 | 24 |
| 2026-06-21 | 8 | 2291 | 533 | 4.42 | 25 |
| 2026-06-22 | 9 | 2257 | 535 | 4.33 | 23 |
| 2026-06-23 | 7 | 2347 | 552 | 4.38 | 30 |
| 2026-06-24 | 6 | 2255 | 519 | 4.46 | 34 |
| 2026-06-25 | 6 | 2255 | 519 | 4.46 | 35 |
| 2026-06-26 | 6 | 2255 | 519 | 4.46 | 36 |
| 2026-06-27 | 5 | 2090 | 460 | 4.60 | 30 |
| 2026-06-28 | 5 | 2090 | 460 | 4.60 | 31 |
| 2026-06-29 | 5 | 2090 | 460 | 4.60 | 32 |
| 2026-06-30 | 5 | 2090 | 460 | 4.60 | 33 |
| 2026-07-01 | 4 | 2200 | 475 | 4.72 | 28 |
| 2026-07-02 | 5 | 2260 | 490 | 4.68 | 23 |
| 2026-07-03 | 5 | 2260 | 490 | 4.68 | 24 |
| 2026-07-04 | 5 | 2260 | 490 | 4.68 | 25 |
| 2026-07-05 | 5 | 2260 | 490 | 4.68 | 26 |
| 2026-07-06 | 7 | 2514 | 562 | 4.57 | 20 |
| 2026-07-07 | 8 | 2723 | 598 | 4.61 | 18 |
| 2026-07-08 | 9 | 2676 | 593 | 4.56 | 17 |
| 2026-07-09 | 10 | 2598 | 574 | 4.58 | 16 |
| 2026-07-10 | 7 | 2479 | 562 | 4.50 | 13 |
| 2026-07-11 | 7 | 2479 | 562 | 4.50 | 14 |
| 2026-07-12 | 7 | 2479 | 562 | 4.50 | 15 |
| 2026-07-13 | 5 | 2430 | 540 | 4.56 | 12 |
| 2026-07-14 | 4 | 2438 | 538 | 4.61 | 16 |
| 2026-07-15 | 4 | 2438 | 538 | 4.61 | 17 |
| 2026-07-16 | 6 | 2683 | 619 | 4.43 | 12 |
| 2026-07-17 | 5 | 2760 | 632 | 4.48 | 14 |
| 2026-07-18 | 5 | 2760 | 632 | 4.48 | 15 |
| 2026-07-19 | 5 | 2760 | 632 | 4.48 | 16 |
| 2026-07-20 | 4 | 2888 | 691 | 4.19 | 17 |
| 2026-07-21 | 4 | 2888 | 691 | 4.19 | 18 |
| 2026-07-22 | 4 | 2888 | 691 | 4.19 | 19 |
| 2026-07-23 | 4 | 2888 | 691 | 4.19 | 20 |
| 2026-07-24 | 4 | 2888 | 691 | 4.19 | 21 |
| 2026-07-25 | 4 | 2888 | 691 | 4.19 | 22 |
| 2026-07-26 | 4 | 2888 | 691 | 4.19 | 23 |
| 2026-07-27 | 4 | 2888 | 691 | 4.19 | 24 |
| 2026-07-28 | 4 | 2888 | 691 | 4.19 | 25 |
| 2026-07-29 | 3 | 2767 | 650 | 4.25 | 30 |
| 2026-07-30 | 2 | 3050 | 700 | 4.37 | 19 |
| 2026-07-31 | 2 | 3050 | 700 | 4.37 | 20 |
| 2026-08-01 | 2 | 3050 | 700 | 4.37 | 21 |
| 2026-08-02 | 2 | 3050 | 700 | 4.37 | 22 |
| 2026-08-03 | 2 | 3050 | 700 | 4.37 | 23 |
| 2026-08-04 | 2 | 3050 | 700 | 4.37 | 24 |
| 2026-08-05 | 2 | 3050 | 700 | 4.37 | 25 |
| 2026-08-06 | 3 | 3467 | 833 | 4.22 | 17 |
| 2026-08-07 | 3 | 3467 | 833 | 4.22 | 18 |
| 2026-08-08 | 3 | 3467 | 833 | 4.22 | 19 |
| 2026-08-09 | 3 | 3467 | 833 | 4.22 | 20 |
| 2026-08-10 | 3 | 3467 | 833 | 4.22 | 21 |
| 2026-08-11 | 2 | 3050 | 700 | 4.37 | 31 |
| 2026-08-12 | 1 | 3100 | 750 | 4.13 | 27 |
| 2026-08-13 | 1 | 3100 | 750 | 4.13 | 28 |
| 2026-08-14 | 1 | 3100 | 750 | 4.13 | 29 |
| 2026-08-15 | 1 | 3100 | 750 | 4.13 | 30 |
| 2026-08-16 | 1 | 3100 | 750 | 4.13 | 31 |
| 2026-08-23 | 1 | 2450 | 550 | 4.45 | N/A |
| 2026-08-24 | 1 | 2450 | 550 | 4.45 | 1 |
| 2026-08-25 | 2 | 2325 | 475 | 4.98 | 1 |
| 2026-08-26 | 2 | 2325 | 475 | 4.98 | 2 |
| 2026-08-27 | 2 | 2325 | 475 | 4.98 | 3 |
| 2026-08-28 | 2 | 2325 | 475 | 4.98 | 4 |
| 2026-08-29 | 2 | 2325 | 475 | 4.98 | 5 |
| 2026-08-30 | 2 | 2325 | 475 | 4.98 | 6 |
| 2026-08-31 | 1 | 2200 | 400 | 5.50 | 6 |
12-Month Market Dynamics & Trend Trajectory
Artist's Alley - West Tower has achieved a lifetime leasing volume of 27 transactions with an average monthly rent of $2,693 per month, an average rate of $4.32 per square foot, and an average suite size of 642 square feet. Properties across the building averaged 26 days on market, reflecting steady tenant turnover and consistent absorption during initial occupancy. Transaction distribution showed that approximately 70.4% of leases secured asking terms, while 29.6% closed below asking. Tenants negotiated an average discount of $17 per month or 0.29% below asking, resulting in annualized tenant savings of $204 per year and confirming minor tenant leverage.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-17 | 3 | 3150 | 833 | 3.82 | 41 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 1 | 3800 | 1100 | 3.45 | 94 |
| 2026-06-14 | 1 | 2450 | 550 | 4.45 | 10 |
| 2026-06-21 | 4 | 2480 | 628 | 4.05 | 23 |
| 2026-06-28 | 2 | 1950 | 400 | 4.88 | 29 |
| 2026-07-05 | 3 | 2867 | 600 | 4.79 | 26 |
| 2026-07-12 | 5 | 2490 | 577 | 4.38 | 13 |
| 2026-07-19 | 1 | 2250 | 400 | 5.63 | 19 |
| 2026-07-26 | 2 | 2725 | 681 | 4.00 | 34 |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 1 | 4300 | 1100 | 3.91 | 5 |
| 2026-08-16 | 1 | 3100 | 750 | 4.13 | 32 |
| 2026-08-23 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-30 | 1 | 2450 | 550 | 4.45 | 8 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Artist's Alley - West Tower at 121 St Patrick St is situated within a vibrant Downtown West micro-market defined by four direct nearby competitors, featuring completion years ranging from 1983 to 2025 and active listing counts between 1 and 39 units. The competitive set includes Artist's Alley - East Tower at 238 Simcoe St (0.04 km away, completed in 2025, with 39 active listings), Village by the Grange III at 120 St Patrick St (0.05 km away, completed in 1983, with 2 active listings), 9T6 Condominium Residences at 96 St Patrick St (0.07 km away, completed in 2008, with 10 active listings), and Artists' Alley at 234 Simcoe Street (0.07 km away, completed in 2022, with 1 active listing). This grouping illustrates a stark generational contrast, pairing newly constructed master-planned towers against mid-rise and older high-rise inventory spanning over four decades of downtown development. Positioned against an overall comparable average rent of $2,587 per month at an average size of 609 square feet and $4.47 per square foot, Artist's Alley - West Tower aligns closely with modern new-construction benchmarks. The building achieves an average lease rate of $2,693 per month at $4.32 per square foot across 642 square feet, demonstrating that newer inventory delivers competitive scale and pricing efficiency compared to older local alternatives. Renters evaluating the micro-market benefit from a balanced spectrum of building ages, where modern floor plan efficiencies offset the larger footprints found in older developments like Village by the Grange III.
Comparable Analysis & Questions
How do rental rates at Artist's Alley - West Tower compare to neighbouring buildings within Downtown West?
Artist's Alley - West Tower achieves an average lease rent of $2,693 per month, closely mirroring the overall competitive benchmark average of $2,587 per month across nearby comparables including Artist's Alley - East Tower, Village by the Grange III, and 9T6 Condominium Residences. Artist's Alley - East Tower at 238 Simcoe St records an average lease rent of $2,743 per month at $3.97 per square foot across an average of 735 square feet. Village by the Grange III at 120 St Patrick St posts an average lease rent of $2,725 per month at $4.19 per square foot across 650 square feet. Additionally, 9T6 Condominium Residences at 96 St Patrick St averages $2,680 per month at $4.20 per square foot across 650 square feet, while Artists' Alley at 234 Simcoe Street reports an average lease rent of $2,198 per month at $5.50 per square foot across 400 square feet.
Does Artist's Alley - West Tower offer a competitive price-per-square-foot ($/SF) against local comparables?
Artist's Alley - West Tower establishes its value proposition by offering an average leased rate of $4.32 per square foot across 642 square feet, positioning itself competitively against submarket averages and nearby alternatives. When compared directly to Artist's Alley - East Tower, which averages $3.97 per square foot across 735 square feet, the subject building trades at a $0.35 per square foot (8.8%) premium while providing 93 fewer interior square feet. Renters navigating these options weigh the modern finishes, contemporary building systems, and optimized layouts of a 2025 completion against older, larger footprints in the immediate vicinity, balancing utility efficiency and modern architectural standards against raw spatial volume.
How do building age, amenities, and developer reputation impact rent spreads?
Artist's Alley - West Tower delivers an extensive, lifestyle-oriented amenity package that rivals top-tier new developments in Downtown West. Signature features at the subject property include an outdoor pool, a hot tub and jacuzzi, a dedicated yoga studio, a rooftop terrace, and a comprehensive gym and fitness centre. In contrast, nearby 9T6 Condominium Residences features a media and theatre room and a library and reading room alongside its gym, party room, and rooftop terrace, but lacks the expansive outdoor pool and dedicated yoga facilities found at the subject building. Meanwhile, Village by the Grange III offers an indoor pool, outdoor pool, and sauna and steam room, reflecting its 1983 completion era with a focus on wellness spaces rather than modern collaborative lounges. These curated amenity offerings make Artist's Alley - West Tower particularly attractive to urban professionals and younger residents seeking contemporary wellness and outdoor entertainment spaces within steps of downtown institutions.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Artist's Alley - West Tower.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Rooftop Terrace
- Outdoor Pool
- Hot Tub & Jacuzzi
- BBQ Area
- Garden & Courtyard
- Fire Pits
Residential Buildings in the Vicinity
- Artist's Alley - East Tower40 m
- Village by the Grange III50 m
- 9T6 Condominium Residences69 m
- Artists' Alley70 m
- Artist's Alley 275 m
- Residences at RCMI78 m
- Residences of the Artisan94 m
- Village by the Grange107 m
- Village by the Grange VII110 m
- Village by the Grange VI117 m
- Village by the Grange V128 m
- Village by the Grange II131 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Artist's Alley - West Tower.
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.