Sugar Wharf - East Tower — Rental Market Data

Sugar Wharf - East Tower features 6 active listings as of August 31, 2026, offering a price range of $2,750 to $6,500 per month, an average rent of $3,671 per month, and a median rent of $3,075 per month. Available units average 833 square feet at an asking rate of $4.31 per square foot, with 2-bedroom configurations capturing a dominant 50.0% share of active inventory. Current listings lean toward multi-bedroom layouts rather than compact entry-level suites, driving up both average monthly outlays and average suite square footage compared to historical lease averages.

The dominant active layout at Sugar Wharf - East Tower is the 2-Bedroom tier, accounting for 3 listings and a 50.0% inventory share. The 2-Bedroom inventory averages $3,325 per month with a median of $3,100 per month across an average of 800 square feet at $4.15 per square foot. The 1-Bedroom + Den tier comprises 2 listings representing a 33.3% share, averaging $2,775 per month across 750 square feet at $3.76 per square foot. Meanwhile, the 3-Bedroom+ tier accounts for 1 listing or a 16.7% share, asking $6,500 per month across 1,100 square feet at $5.91 per square foot.

Sugar Wharf - East Tower demonstrates an asking rent spread from a minimum entry rent of $2,750 per month to a peak asking rent of $6,500 per month, creating a dollar spread of $3,750 or 136.4%. The median asking rent sits at $3,075 per month. The entry-level option consists of a 1-Bedroom + Den suite spanning 650 square feet at an asking rate of $4.23 per square foot, whereas the peak-tier option is represented by a 3-Bedroom+ suite spanning 1,100 square feet at an asking rate of $5.91 per square foot.

Sugar Wharf - East Tower has an active den premium dollar amount and square footage delta that are currently unquantified due to insufficient active floor plan pairing data. Active parking premium data cannot be reliably isolated from current listings due to an anomalous outlier or insufficient paired sample. Prospective tenants should verify parking stall costs directly with the leasing office as premium figures cannot be reliably established.

Sugar Wharf - East Tower asks an average rent of $3,671 per month at $4.31 per square foot, which compares to the broader Harbourfront submarket asking benchmark of $3,992 per month at $5.52 per square foot. The building's lower nominal monthly outlay is driven by specific suite availability rather than higher unit pricing, as the building's asking rate per square foot sits 21.9% below the submarket asking benchmark while capturing 17.6% of active submarket inventory.

Sugar Wharf - East Tower achieves an average lease rent of $2,876 per month, which tracks below the broader competitive set average of $3,373 per month. Individual competitor performance varies significantly across the micro-market, led by Pier 27 I at 29 Queens Quay E with an average lease rent of $5,500 per month, $7.31 per square foot, and an average square footage of 913. Sugar Wharf - West Tower at 55 Cooper St reports an average lease rent of $2,837 per month, $4.51 per square foot, and an average square footage of 654 across 68 recent leases. Waterfront - Lighthouse Tower at 15 Lower Jarvis St records an average lease rent of $2,793 per month, $4.77 per square foot, and an average square footage of 610 across 40 leases. Finally, Waterfront Lighthouse East Tower at 20 Richardson St averages $2,360 per month, $4.55 per square foot, and 529 square feet across 42 leases.

Sugar Wharf - East Tower establishes its value proposition by offering an average leased rate of $4.53 per square foot across an average size of 669 square feet, securing a favorable pricing position relative to the submarket average of $4.44 per square foot and select older competitors. Renters evaluating the subject building versus Waterfront - Lighthouse Tower (610 square feet at $4.77 per square foot) benefit from a more expansive average interior footprint while capturing a more competitive rate per square foot. Similarly, compared to Pier 27 I, which commands a higher rate at $7.31 per square foot across 913 square feet, Sugar Wharf - East Tower delivers modern 2024 finishes, lower utility burdens, and efficient layouts at a much more accessible capital outlay.

Sugar Wharf - East Tower delivers an extensive lifestyle and amenity profile that rivals top-tier master-planned developments in the Harbourfront node. Signature offerings at the subject building include an indoor pool, a dedicated spin studio, a basketball court, an indoor hammock lounge, and a comprehensive kids' play room, directly challenging competing facilities at nearby towers. For instance, Sugar Wharf - West Tower features a similar robust amenity package including a pet wash station, a business centre, and a basketball court, whereas Waterfront - Lighthouse Tower incorporates alternative recreational spaces such as tennis and pickleball courts alongside an outdoor pool. Pier 27 I leans into luxury wellness with a sauna, steam room, and hot tub, but lacks the contemporary sport and wellness mix found at the newer Menkes developments. This complete suite of amenities best serves young professionals, growing families, and fitness-oriented residents seeking comprehensive on-site recreation without leaving the building.