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Market Data as of August 31, 2026

Waterfront - Lighthouse Tower — Rental Market Data

15 Lower Jarvis St, Toronto, Ontario M5E 0C4
Quick Rent Estimate
Active Suites4 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,850
2-Bedroom
1
$3,200
3-Bedroom+
1
$6,200
Studio
1
$1,900

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2020
Total Suites534
DeveloperDaniels Corporation

Waterfront - Lighthouse Tower, located at 15 Lower Jarvis St in the East Bayfront neighborhood of Toronto, is an established residential building completed in 2020 by Daniels Corporation containing 534 total suites, currently maintaining 4 active listings with an availability rate of 0.7 percent. The building recorded a 90-day closed leasing volume of 20 deals averaging 20 days on market, alongside a 30-day closed leasing volume of 9 deals averaging 28 days on market.

Active asking rent averages $3,538 per month at $6.29 per square foot across an average size of 577 square feet, whereas realized 90-day leases averaged $2,850 per month at $4.66 per square foot across an average size of 607 square feet, reflecting higher asking rates on more compact active inventory compared to recent historical leasing. The active asking rate per square foot exceeds the East Bayfront submarket asking benchmark of $4.65 per square foot by 35.3 percent.

Marketing friction remains low with a closed days on market average of 20 days over the past 90 days, during which 35.1 percent of leases closed at a tenant discount averaging $34 per month below asking, while unrented delisted units averaged 37 days on market before withdrawal. Current inventory offers exactly one active listing per layout tier across Studio, 1-Bedroom + Den, 2-Bedroom, and 3-Bedroom+ configurations, providing an even distribution without dominant single-tier depth.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Waterfront - Lighthouse Tower as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units4
-4 (50.0%)
Avg Asking Rent$3,538
-$86 (2.4%)
Avg Suite Size577 sf
-263 sf (31.3%)
Avg Days on Market16d
-14d (46.8%)
Avg Asking $/SF$6.29
+$1.79 (39.9%)

Active Market Insights & Questions

How has rental availability changed at Waterfront - Lighthouse Tower recently?

Waterfront - Lighthouse Tower has 4 active listings as of August 31, 2026, spanning a price range of $1,900 to $6,200 per month with an average asking rent of $3,538 per month and a median asking rent of $3,025 per month. Active inventory averages 577 square feet with an asking rate of $6.29 per square foot. Each available layout tier commands an equal 25 percent share of the active market, balancing compact entry-level suites with multi-bedroom executive layouts.

What floor plans and unit layouts are currently available at Waterfront - Lighthouse Tower?

The dominant active layouts at Waterfront - Lighthouse Tower are evenly split at 25 percent share each across Studio, 1-Bedroom + Den, 2-Bedroom, and 3-Bedroom+ tiers, totaling 4 active listings. The Studio tier features 1 active unit averaging $1,900 per month at $4.75 per square foot across 400 square feet, while the 1-Bedroom + Den offers 1 unit averaging $2,850 per month at $4.58 per square foot across 622 square feet. The 2-Bedroom tier provides 1 unit asking $3,200 per month at $4.27 per square foot across 750 square feet, and the 3-Bedroom+ tier comprises 1 listing asking $6,200 per month at $11.57 per square foot across 536 square feet.

What is the average asking rent and $/SF by suite size at Waterfront - Lighthouse Tower?

Waterfront - Lighthouse Tower features a minimum entry rent of $1,900 per month and a peak asking rent of $6,200 per month, creating a dollar spread of $4,300 per month and a percentage spread of 226.3 percent. The median asking rent stands at $3,025 per month. The entry-level suite consists of a 400 square foot Studio asking $4.75 per square foot, whereas the peak suite comprises a 536 square foot 3-Bedroom+ configuration asking $11.57 per square foot.

How much extra do parking spaces and dens cost at Waterfront - Lighthouse Tower?

Active den premiums at Waterfront - Lighthouse Tower cannot be quantified as active den square footage deltas and marginal price differences are unavailable. Parking premium data for active listings is inconclusive due to an insufficient sample or anomalous outlier status. Historical leased parking premiums are verified at $88 per month.

How do asking rents at Waterfront - Lighthouse Tower compare to local and municipal benchmarks?

Waterfront - Lighthouse Tower features an average asking rent of $3,538 per month at $6.29 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 rent and asking rate per square foot of 35.3 percent above the submarket asking benchmark are driven by upper-tier asking prices while the building represents 5.7 percent of the 70 total active listings in the submarket.

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 Waterfront - Lighthouse Tower (Data period: For the month of August 2026).

Units Leased9
Avg Leased Price$3,267
Avg Leased Size607 sf
Avg Days to Lease28d
Leased $/SF$4.50

Leased Transaction Insights & Questions

How many suites were leased at Waterfront - Lighthouse Tower last month, and how fast did they rent?

Waterfront - Lighthouse Tower recorded an average 30-day days on market of 28 days and a 90-day days on market of 20 days, compared to the East Bayfront submarket benchmark of 24 days. Closed lease counts tracked at 9 deals over the past 30 days, 20 deals over the past 90 days, and 37 total lifetime transactions. Leasing turnover accelerated notably during the summer months as active absorption picked up pace.

What is the negotiation spread between asking rents and closed lease prices at Waterfront - Lighthouse Tower?

Waterfront - Lighthouse Tower transactions settled on average at an average discount of $34 per month, representing a 0.89% markdown below asking price and delivering annual tenant savings of $408 per year. A total of 35.1% of leases closed under asking, reflecting mild tenant leverage and landlord concessions during lease execution.

What are typical executed lease prices across different layouts at Waterfront - Lighthouse Tower?

Studio and 1-Bedroom units anchor the highest-volume floor plans at Waterfront - Lighthouse Tower, recording average monthly rents of $1,919 with an average 18-day days on market for studios, and $2,200 with a 29-day days on market for 1-bedroom suites. Studio floor plans represent 13 closed leases averaging 399 square feet at $4.81 per square foot, with a median rent of $1,900 per month and a P25-P75 range of $1,880 to $1,950 per month, forming a statistically robust benchmark. One-bedroom floor plans comprise 8 closed leases averaging 501 square feet at $4.45 per square foot, with a median rent of $2,200 per month and a P25-P75 range of $2,200 to $2,300 per month, representing a moderate sample size. One-bedroom plus den suites account for 6 closed leases averaging 592 square feet at $4.91 per square foot with an 11-day days on market, featuring a median rent of $2,700 per month and a P25-P75 range of $2,681 to $2,738 per month as a moderate sample size. Two-bedroom configurations encompass 6 closed leases averaging 725 square feet at $4.57 per square foot with an 18-day days on market, generating a median rent of $3,325 per month and a P25-P75 range of $3,212 to $3,400 per month as a moderate sample size. Two-bedroom plus den layouts record 3 closed leases averaging 1,000 square feet at $4.01 per square foot with a 43-day days on market, showing a median rent of $3,800 per month and a P25-P75 range of $3,775 to $4,150 per month, constituting a limited sample size and directional reference only. The 3-bedroom-plus tier represents 1 closed lease spanning 2,375 square feet at $3.79 per square foot with a 56-day days on market and a rent of $9,000 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 Waterfront - Lighthouse Tower?

Waterfront - Lighthouse Tower achieved a verified realized leased parking premium of $88 per month across applicable suite configurations. Parking stalls are typically bundled into standard lease agreements or negotiated as operational inclusions for larger 2-bedroom and multi-bedroom floor plans. Active asking parking data remains inconclusive due to an insufficient sample size for unrented inventory.

How does the lease-to-listing ratio at Waterfront - Lighthouse Tower reflect current tenant demand?

Waterfront - Lighthouse Tower demonstrated an upward rent trajectory through the spring and summer leasing cycle. In April 2026, 7 closed deals averaged $2,474 per month at $4.56 per square foot with 26 days on market. In May 2026, 10 closed deals averaged $2,536 per month at $4.57 per square foot with 25 days on market. In June 2026, 1 closed deal recorded $1,850 per month at $4.63 per square foot with 2 days on market. In July 2026, 10 closed deals averaged $2,575 per month at $4.81 per square foot with 15 days on market. In August 2026, 9 closed deals averaged $3,267 per month at $4.50 per square foot with 28 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Waterfront - Lighthouse Tower (Data period: For the month of August 2026).

Delisted Units2
Avg Asking Price$2,970
Avg Suite Size598 sf
Avg Days on Market37d
Delisted $/SF$4.93

De-Listed Market Analysis & Questions

How many listings de-listed at Waterfront - Lighthouse Tower, and what was their re-listing price compared to previous asking?

Waterfront - Lighthouse Tower recorded 2 total delisted units, representing a delisted-to-leased ratio percentage of 22.2% relative to successful transaction volume. The unrented breakdown consists of 2 terminated listings, 0 expired listings, and 0 suspended listings. This equates to roughly 1 listing pulled from the market for every 4.5 successful leases completed.

How do asking prices on de-listed suites compare to executed leases and active listings at Waterfront - Lighthouse Tower?

Waterfront - Lighthouse Tower unrented units asked an average of $2,970 per month, which is $297 per month below realized lease averages nominally, paired with a rate-per-square-foot of $4.93 compared to $4.62 for leased units. Delisted units had a lower nominal asking price because they were concentrated in smaller floor plans, but commanded a higher rate per square foot, demonstrating that prospective tenants rejected high density price points.

What market friction causes rental listings to stall or de-list at Waterfront - Lighthouse Tower?

Waterfront - Lighthouse Tower delisted units recorded an average days on market of 37 days compared to 22 days for realized leases. The excess marketing duration of 9 days creates minor vacancy carry and holding costs for landlords before listings are pulled from active inventory.

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
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Chart Metrics
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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)
2026-04-27922784914.6824
2026-04-28822874884.7327
2026-04-29723435024.7129
2026-04-30823815214.6327
2026-05-01823255084.6425
2026-05-02823255084.6426
2026-05-03823255084.6427
2026-05-04624085194.7122
2026-05-05723865244.6220
2026-05-06723865244.6221
2026-05-07623425034.7124
2026-05-08523905264.5627
2026-05-09523905264.5628
2026-05-10523905264.5629
2026-05-11523905264.5630
2026-05-12523905264.5631
2026-05-13523164964.6830
2026-05-14525565474.6926
2026-05-15525565474.6927
2026-05-16525565474.6928
2026-05-17525565474.6929
2026-05-18525565474.6930
2026-05-19525565474.6931
2026-05-20525565474.6932
2026-05-21525565474.6933
2026-05-22220754684.5366
2026-05-23220754684.5367
2026-05-24220754684.5368
2026-05-25220754684.5369
2026-05-26220754684.5370
2026-05-27220754684.5371
2026-05-28220754684.5372
2026-05-29220754684.5373
2026-05-30119503855.0667
2026-05-31119503855.0668
2026-06-01119503855.0669
2026-06-02219753935.0335
2026-06-03219753935.0336
2026-06-04219753935.0337
2026-06-05219753935.0338
2026-06-06326005784.7126
2026-06-07326005784.7127
2026-06-08539009314.4317
2026-06-09539009314.4318
2026-06-10637178804.4416
2026-06-11637178804.4417
2026-06-12637178804.4418
2026-06-13637178804.4419
2026-06-14637178804.4420
2026-06-15637178804.4421
2026-06-16637178804.4422
2026-06-17637178804.4423
2026-06-18637178804.4424
2026-06-19736368474.5021
2026-06-20736368474.5022
2026-06-21736368474.5023
2026-06-22736368474.5024
2026-06-23736218494.4412
2026-06-24736218494.4413
2026-06-25639179244.4116
2026-06-26639179244.4117
2026-06-27639179244.4118
2026-06-28639179244.4119
2026-06-29639009244.3616
2026-06-30736938704.3814
2026-07-01736938704.3815
2026-07-02736938704.3816
2026-07-03736938704.3817
2026-07-04736938704.3818
2026-07-05736938704.3819
2026-07-06837068804.3418
2026-07-07739649484.2820
2026-07-08739649484.2821
2026-07-09837068834.3020
2026-07-101033958014.3616
2026-07-111233997894.4315
2026-07-121233997894.4316
2026-07-131233997894.4317
2026-07-141233307724.4415
2026-07-151134207924.4517
2026-07-161134207924.4518
2026-07-171134207924.4519
2026-07-181134207924.4520
2026-07-19935138024.5519
2026-07-20836337915.0620
2026-07-21935417645.0619
2026-07-22935417645.0620
2026-07-23934527724.6821
2026-07-24934527724.6822
2026-07-25934527724.6823
2026-07-26934527724.6824
2026-07-27934527724.6825
2026-07-28934417944.5225
2026-07-29934417944.5226
2026-07-30836248404.5028
2026-07-31836248404.5029
2026-08-01736918674.4528
2026-08-02736918674.4529
2026-08-03627236164.5226
2026-08-04726065854.5623
2026-08-05624585744.4224
2026-08-06624585744.4225
2026-08-07623255164.6124
2026-08-08524105394.5827
2026-08-09425255744.5128
2026-08-10425255744.5129
2026-08-11425255744.5130
2026-08-12431134706.3914
2026-08-13529704566.3112
2026-08-14432384706.7014
2026-08-15532305266.2212
2026-08-16532305266.2213
2026-08-17532505476.104
2026-08-18532505476.105
2026-08-19532505476.106
2026-08-20532505476.107
2026-08-21434255226.659
2026-08-22434255226.6510
2026-08-23434255226.6511
2026-08-24434255226.6512
2026-08-25434255226.6513
2026-08-26434255226.6514
2026-08-27337675626.8616
2026-08-28435385776.2913
2026-08-29435385776.2914
2026-08-30435385776.2915
2026-08-31435385776.2916

12-Month Market Dynamics & Trend Trajectory

Waterfront - Lighthouse Tower has established a robust leasing history across the East Bayfront submarket, accumulating 37 lifetime transactions with an average monthly rent of $2,694 per month, a rate of $4.62 per square foot, and an average suite size of 607 square feet. Average days on market stands at 22 days, pointing to steady tenant turnover and healthy absorption across the Daniels Corporation development. Pricing discipline at the building reflects moderate tenant leverage, with 35.1% of transactions securing concessions below asking price. Leases settle on average at a discount of $34 per month, yielding annualized tenant savings of $408 per year while landlords maintain stable occupancy across core floor plans.

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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.

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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)
2026-04-26134007504.5321
2026-05-03322084784.7325
2026-05-10222505234.3117
2026-05-17328776004.7913
2026-05-24122005504.0081
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-21118504004.632
2026-06-280N/AN/AN/AN/A
2026-07-05119504004.888
2026-07-12225255864.3120
2026-07-19528006104.9815
2026-07-26326505424.8722
2026-08-023455011754.0727
2026-08-09325335834.5236
2026-08-16126506504.084
2026-08-23123004005.7514

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Waterfront - Lighthouse Tower.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • Gym & Fitness Centre
  • Yoga Studio
  • Outdoor Pool
  • Basketball Court
  • Tennis & Pickleball Court
  • Party & Lounge Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Library & Reading Room
  • Hobby Room
  • Music Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Kids' Play Room - Indoor

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Waterfront - Lighthouse 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.