Quay House — Rental Market Data

Quay House features 9 active listings as of August 31, 2026, offering a price range of $1,800 per month to $3,300 per month, an average rent of $2,289 per month, and a median monthly rent of $2,300 per month. Active suites maintain an average size of 492 square feet with an average asking rate of $4.74 per square foot. Studio and 1-Bedroom configurations dominate the available pool with a combined 66.6% share, indicating that current inventory leans heavily toward compact entry-level configurations.

The 1-Bedroom layout represents the dominant active inventory at Quay House, accounting for 3 active listings and a 33.3% share of available suites with an average rent of $2,250 per month across 440 square feet at $5.22 per square foot. Studio units match that inventory volume with 3 active listings sharing 33.3% of the market, averaging $1,883 per month across 400 square feet at $4.71 per square foot. Meanwhile, 1-Bedroom + Den layouts offer 2 active units covering 22.2% of availability at an average rent of $2,450 per month across 581 square feet, while the singular 2-Bedroom + Den listing captures an 11.1% share at $3,300 per month across 750 square feet.

Quay House posts a minimum entry rent of $1,800 per month and a peak asking rent of $3,300 per month, establishing a dollar spread of $1,500 per month or an 83.3% spread across active inventory. The median asking rent sits at $2,300 per month. The entry-level tier consists of a 400-square-foot Studio asking $1,800 per month at $4.50 per square foot, contrasted against the peak tier represented by a 750-square-foot 2-Bedroom + Den layout asking $3,300 per month at $4.40 per square foot.

Quay House requires an active den premium of $200 per month for layouts offering an additional 141 square feet of interior space, representing a marginal cost of $1.42 per square foot for the extra den area. Active parking premium data cannot be reliably isolated due to insufficient paired samples or anomalous outliers, meaning current parking fees cannot be verified.

Quay House asking rents average $2,289 per month at $4.74 per square foot, trailing the broader East Bayfront submarket asking rent benchmark of $3,234 per month while exceeding the submarket asking rate of $4.65 per square foot by 1.9%. This lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building currently accounts for 9 out of 70 active submarket listings, representing 12.9% of total active inventory in the area.

Quay House achieves an average lease rent of $2,504 per month, trading below the overall comparable average of $2,639 per month across its primary neighborhood benchmarks. Waterfront Lighthouse East Tower at 20 Richardson St reports an average lease rent of $2,360 per month at $4.55 per square foot across an average of 529 square feet. Waterfront - Lighthouse Tower at 15 Lower Jarvis St registers an average lease rent of $2,793 per month at $4.77 per square foot across 610 square feet. Aqualina at Bayside Toronto at 15 Merchants' Wharf posts an average lease rent of $2,796 per month at $4.43 per square foot across 647 square feet. Finally, Monde at 12 - 16 Bonnycastle St averages $2,606 per month at $4.09 per square foot across 647 square feet.

Quay House establishes its value proposition by offering modern suite designs at a competitive average of $4.45 per square foot across an average footprint of 583 square feet, positioning it favorably against older neighborhood alternatives in the East Bayfront submarket. When compared directly against Waterfront Lighthouse East Tower at 20 Richardson St ($4.55 per square foot across 529 square feet), Quay House provides more interior square footage while maintaining a lower rate per square foot. Against Waterfront - Lighthouse Tower at 15 Lower Jarvis St ($4.77 per square foot across 610 square feet), Quay House trades at a more economical rate per square foot, allowing renters to secure newer construction with minimal sacrifice in living space. Renters trade slightly larger historical footprints found in older 2018-2019 completions like Aqualina ($4.43 per square foot across 647 square feet) and Monde ($4.09 per square foot across 647 square feet) for the contemporary layout efficiency, brand-new mechanical systems, and updated architectural finishes intrinsic to a 2025 delivery.

Quay House delivers an extensive lifestyle and wellness package designed for contemporary urban renters, rivaling or exceeding the communal offerings of nearby multi-phase waterfront developments. The building features 12 signature amenities, highlighted by a fully equipped Gym & Fitness Centre, a dedicated Yoga Studio, a tranquil Meditation Room, an expansive Rooftop Terrace, and an on-site Dog Run. By comparison, Waterfront Lighthouse East Tower at 20 Richardson St includes sports-focused additions like a basketball court and a tennis and pickleball court, but lacks dedicated meditation spaces. Waterfront - Lighthouse Tower at 15 Lower Jarvis St and Aqualina at Bayside Toronto both incorporate outdoor pools and hot tubs, whereas Quay House emphasizes wellness through its specialized yoga and meditation rooms combined with outdoor green space. Monde at 12 - 16 Bonnycastle St features unique resident perks like a shuttle service and piano lounge, but offers less specialized pet infrastructure than Quay House's dedicated dog run. This amenity profile particularly serves active professionals, remote workers utilizing the business centre, and pet owners seeking robust on-site conveniences.