Skip to Content

Market Data as of August 31, 2026

Success Tower at Centre — Rental Market Data

16 - 18 Harbour St, Toronto, Ontario M5J 2Z6
Quick Rent Estimate
Active Suites4 Available
Type
Units
Avg Rent
1-Bedroom
1
$3,400
1-Bedroom + Den
1
$2,550
2-Bedroom
1
$5,500
2-Bedroom + Den
1
$1,700

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2009
Total Suites492
DeveloperPinnacle International

Success Tower at Centre, situated at 16 - 18 Harbour St in Toronto's Harbourfront neighborhood, was developed by Pinnacle International, completed in 2009, and houses 492 residential suites. The building currently features 4 active listings, representing a 0.8 percent availability rate and an average time on market of 50 days. Recent leasing activity shows 7 closed transactions over the past 90 days with an average time on market of 24 days, alongside 6 closed transactions over the past 30 days averaging an 18-day time on market.

Active asking rents average $3,288 per month at a rate of $7.40 per square foot, contrasting with realized 90-day leases averaging $3,339 per month at $4.14 per square foot. Current active inventory leans toward smaller square footages compared to historical lease averages, and the active asking rate per square foot tracks 34.1 percent higher than the broader Harbourfront submarket asking benchmark of $5.52 per square foot.

Marketing friction remains low with zero delisted units recorded, while tenant negotiations reflect favorable leasing conditions where 55.6 percent of leases secured a discount averaging 2.24 percent below asking price. Prospective tenants will find that single-listing inventory tiers offer scattered options across 1-bedroom, 1-bedroom plus den, 2-bedroom, and 2-bedroom plus den layouts, though overall selection is exceptionally tight.

Get Monthly Rental Market Updates for Success Tower at Centre

Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.

Strictly monthly updates. One-click unsubscribe at any time.

Active Rental Inventory & Asking Rates

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

Active Units4
-1 (20.0%)
Avg Asking Rent$3,288
-$43 (1.3%)
Avg Suite Size696 sf
-58 sf (7.7%)
Avg Days on Market50d
+22d (79.0%)
Avg Asking $/SF$7.40
+$0.80 (12.1%)

Active Market Insights & Questions

How has rental availability changed at Success Tower at Centre recently?

Success Tower at Centre features 4 active listings as of August 31, 2026, spanning a price range of $1,700 to $5,500 per month, with an average asking rent of $3,288 per month and a median asking rent of $2,975 per month. Active suites average 696 square feet with an average asking rate of $7.40 per square foot. The inventory distribution is evenly split among available bedroom tiers, offering a balanced selection of compact entry-level options and multi-bedroom configurations.

What floor plans and unit layouts are currently available at Success Tower at Centre?

Success Tower at Centre features 1-Bedroom suites as the dominant active layout, accounting for 1 listing and a 25 percent share of total current inventory. The 1-Bedroom tier averages $3,400 per month across 550 square feet at an asking rate of $6.18 per square foot. Additional available options include a 1-Bedroom + Den layout listed at an average of $2,550 per month across 628 square feet, a 2-Bedroom configuration asking $5,500 per month across 305 square feet, and a 2-Bedroom + Den suite priced at $1,700 per month across 1,300 square feet.

What is the average asking rent and $/SF by suite size at Success Tower at Centre?

Success Tower at Centre exhibits a minimum entry rent of $1,700 per month and a peak asking rent of $5,500 per month, yielding a dollar spread of $3,800 per month or a 223.5 percent spread. The median asking rent sits at $2,975 per month across the building's active listings. The entry-level option consists of a 2-Bedroom + Den suite measuring 1,300 square feet at an asking rate of $1.31 per square foot, while the peak suite is a 2-Bedroom layout spanning 305 square feet at an asking rate of $18.03 per square foot.

How much extra do parking spaces and dens cost at Success Tower at Centre?

Success Tower at Centre features an active den price difference of -$850 with a square footage delta of 78 square feet. The marginal cost per square foot for the extra den space calculates to -$10.90 per square foot. Active parking premium data cannot be reliably isolated due to an insufficient sample or anomalous outliers in the current listings.

How do asking rents at Success Tower at Centre compare to local and municipal benchmarks?

Success Tower at Centre asks an average of $3,288 per month at $7.40 per square foot compared to the Harbourfront submarket asking benchmarks of $3,992 per month and $5.52 per square foot. The lower nominal monthly outlay for certain suites is driven by compact suite sizing rather than cheaper underlying unit pricing. The building's asking rate per square foot tracks 34.1 percent higher than the broader submarket asking benchmark, backed by 34 total active listings across the neighborhood.

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 Success Tower at Centre (Data period: For the month of August 2026).

Units Leased6
Avg Leased Price$3,513
Avg Leased Size783 sf
Avg Days to Lease18d
Leased $/SF$4.13

Leased Transaction Insights & Questions

How many suites were leased at Success Tower at Centre last month, and how fast did they rent?

At Success Tower at Centre, 30-day leasing velocity averaged 18 days on market, 90-day velocity averaged 24 days, and the broader Harbourfront submarket benchmark sat at 23 days on market. Closed lease counts tracked 6 transactions over the trailing 30 days, 7 transactions over the trailing 90 days, and 9 total leases over the full lifetime dataset, demonstrating a notable surge in leasing turnover through the late summer market.

What is the negotiation spread between asking rents and closed lease prices at Success Tower at Centre?

At Success Tower at Centre, leasing transactions secured an average monthly discount of $58 per month, representing a 2.24% concession below asking price and delivering $696 in annual tenant savings. Exactly 55.6% of closed leases settled below asking price, reflecting persistent tenant leverage and landlord concessions across the building.

What are typical executed lease prices across different layouts at Success Tower at Centre?

Success Tower at Centre recorded its highest leasing volume in the 1-Bedroom + Den and 2-Bedroom layouts, which averaged $2,350 per month across 28 days on market and $3,350 per month across 44 days on market, respectively. The 1-Bedroom + Den tier represents a limited sample size of 3 closed leases with an average rent of $2,350 per month, a median rent of $2,300 per month, a P25-P75 range of $2,250 to $2,425 per month, an average size of 583 square feet, an average lease rate of $4.07 per square foot, and an average DOM of 28 days. The 2-Bedroom tier represents a limited sample size of 2 closed leases with an average rent of $3,350 per month, a median rent of $3,350 per month, a P25-P75 range of $3,300 to $3,400 per month, an average size of 750 square feet, an average lease rate of $4.47 per square foot, and an average DOM of 44 days. The 2-Bedroom + Den tier represents a limited sample size of 2 closed leases with an average rent of $3,750 per month, a median rent of $3,750 per month, a P25-P75 range of $3,675 to $3,825 per month, an average size of 947 square feet, an average lease rate of $3.96 per square foot, and an average DOM of 11 days. The 1-Bedroom tier represents an individual single transaction with an average rent of $2,225 per month, a median rent of $2,225 per month, a P25-P75 range of $2,225 to $2,225 per month, an average size of 670 square feet, an average lease rate of $3.32 per square foot, and an average DOM of 63 days (note that this represents an individual deal rather than a broad statistical benchmark). The 3-Bedroom+ tier represents an individual single transaction with an average rent of $5,350 per month, a median rent of $5,350 per month, a P25-P75 range of $5,350 to $5,350 per month, an average size of 1,236 square feet, an average lease rate of $4.33 per square foot, and an average DOM of 8 days (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 Success Tower at Centre?

At Success Tower at Centre, realized parking spaces added a verified premium of $300 per month to closed lease agreements. Standard suite bundling patterns typically included parking within higher-bedroom tiers, while active asking parking rates could not be reliably isolated due to insufficient paired sample data.

How does the lease-to-listing ratio at Success Tower at Centre reflect current tenant demand?

At Success Tower at Centre, overall rent trajectory showed a pronounced upward shift in average monthly rents moving from spring into late summer. May recorded 2 closed deals averaging $2,725 per month at $3.86 per square foot across 46 days on market. June recorded 1 closed deal averaging $2,300 per month at $4.18 per square foot across 63 days on market. August accelerated significantly with 6 closed deals averaging $3,513 per month at $4.13 per square foot across just 18 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.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
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)
2026-04-27326336504.0523
2026-04-28326336504.0524
2026-04-29326336504.0525
2026-04-30326336504.0526
2026-05-01326336504.0527
2026-05-02326336504.0528
2026-05-03326336504.0529
2026-05-04326336504.0530
2026-05-05228256504.3542
2026-05-06228256504.3543
2026-05-07228256504.3544
2026-05-08228256504.3545
2026-05-09228256504.3546
2026-05-10228256504.3547
2026-05-11228256504.3548
2026-05-12228256504.3549
2026-05-13228256504.3550
2026-05-14228256504.3551
2026-05-15228256504.3552
2026-05-16228256504.3553
2026-05-17228256504.3554
2026-05-18228256504.3555
2026-05-19228256504.3556
2026-05-20228256504.3557
2026-05-21228256504.3558
2026-05-22228256504.3559
2026-05-23228256504.3560
2026-05-24228256504.3561
2026-05-25228256504.3562
2026-05-26228256504.3563
2026-05-27228256504.3564
2026-05-28228256504.3565
2026-05-29228256504.3566
2026-05-30124005504.3652
2026-05-31124005504.3653
2026-06-01124005504.3654
2026-06-02124005504.3655
2026-06-03124005504.3656
2026-06-04124005504.3657
2026-06-05124005504.3658
2026-06-06124005504.3659
2026-06-07124005504.3660
2026-06-08224006103.9731
2026-06-09224006103.9732
2026-06-10220509852.441
2026-06-11220509852.442
2026-06-12220509852.443
2026-06-13220509852.444
2026-06-14220509852.445
2026-06-15220509852.446
2026-06-16220509852.447
2026-06-17220509852.448
2026-06-18220509852.449
2026-06-19220509852.4410
2026-06-20220509852.4411
2026-06-21220509852.4412
2026-06-22220509852.4413
2026-06-23220509852.4414
2026-06-24220509852.4415
2026-06-25220509852.4416
2026-06-26220509852.4417
2026-06-27220509852.4418
2026-06-28220509852.4419
2026-06-29220509852.4420
2026-06-30220509852.4421
2026-07-01220509852.4422
2026-07-02325008403.6915
2026-07-03325008403.6916
2026-07-04325008403.6917
2026-07-05325008403.6918
2026-07-06325008403.6919
2026-07-07325008403.6920
2026-07-08325008403.6921
2026-07-09325008403.6922
2026-07-10325008403.6923
2026-07-11325008403.6924
2026-07-12325008403.6925
2026-07-13325008403.6926
2026-07-14325008403.6927
2026-07-15325008403.6928
2026-07-16325008403.6929
2026-07-17325008403.6930
2026-07-18325008403.6931
2026-07-19325008403.6932
2026-07-20325008403.6933
2026-07-21325008403.6934
2026-07-22325008403.6935
2026-07-23325008403.6936
2026-07-24325008403.6937
2026-07-25325008403.6938
2026-07-26325008403.6939
2026-07-27427888663.7430
2026-07-28427888663.7431
2026-07-29533307546.6026
2026-07-30533307546.6027
2026-07-31533307546.6028
2026-08-01533307546.6029
2026-08-02533307546.6030
2026-08-03533307546.6031
2026-08-04636678346.2227
2026-08-05636678346.2228
2026-08-06636678346.2229
2026-08-07735078055.9125
2026-08-08735078055.9126
2026-08-09735078055.9127
2026-08-10636928276.3023
2026-08-11636928276.3024
2026-08-12533607456.6928
2026-08-13533607456.6929
2026-08-14432886967.4033
2026-08-15432886967.4034
2026-08-16432886967.4035
2026-08-17432886967.4036
2026-08-18432886967.4037
2026-08-19432886967.4038
2026-08-20632757146.4026
2026-08-21632757146.4027
2026-08-22632757146.4028
2026-08-23531406676.8434
2026-08-24531406676.8435
2026-08-25531406676.8436
2026-08-26631926816.4731
2026-08-27631926816.4732
2026-08-28631926816.4733
2026-08-29631926816.4734
2026-08-30631926816.4735
2026-08-31432886967.4050

12-Month Market Dynamics & Trend Trajectory

Success Tower at Centre has established a robust leasing history anchored by 9 lifetime closed transactions, averaging $3,203 per month at $4.08 per square foot. Suites maintained an average footprint of 783 square feet alongside a lifetime average marketing duration of 29 days, indicating steady tenant turnover across the property. Pricing discipline at the building favored prospective renters, with 55.6% of transactions settling below asking. Tenants capitalized on an average negotiation discount of $58 per month, equivalent to a 2.24% price reduction and $696 in annualized savings.

Loading inventory data…

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.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

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)
2026-05-03122006503.3810
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-24132507504.3382
2026-05-310N/AN/AN/AN/A
2026-06-07123005504.1863
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-09337259503.8230
2026-08-160N/AN/AN/AN/A
2026-08-23139009504.113
2026-08-30230006504.628

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Success Tower at Centre, located at 16 - 18 Harbour St, is evaluated against a competitive set of four nearby condominium towers in the Harbourfront submarket, led by 33 Bay Residences at Centre (33 Bay St) situated 0.04 kilometers away with 11 active listings and a 2011 completion year. Additional key benchmarks include Centre - Tower II (12 Yonge St) at 0.08 kilometers with 7 active listings built in 2007, Centre - Tower I (16 Yonge St) at 0.12 kilometers with 16 active listings completed in 2006, and World Trade Centre I (10 Yonge St) at 0.14 kilometers with 1 active listing dating back to its 1991 completion. These properties span structural generations from early 1990s high-rises to mid-2000s and early-2010s developments, highlighting distinct architectural eras within the immediate micro-market. Within this micro-market, the overall competitive set averages $2,887 per month across an average size of 734 square feet, while Success Tower at Centre (built in 2009 with 492 suites) achieves an all-time average lease rent of $3,203 per month at $4.08 per square foot across an average of 783 square feet. The building occupies a mid-generation value position, balancing the older footprints found in 1990s stock with the refined layouts of early 2010s construction. Renters evaluating Success Tower at Centre secure larger interior footprints than the submarket comp average while paying a square-foot rate that remains competitive against immediate adjacent towers.

33 Bay St, Toronto

Avg Asking$3,149/mo
Avg $/SF$4.84
Rent Spread:
-$138/mo (-4.2%) Lower

12 Yonge St, Toronto

Avg Asking$2,982/mo
Avg $/SF$3.84
Rent Spread:
-$306/mo (-9.3%) Lower

16 Yonge St, Toronto

Avg Asking$3,094/mo
Avg $/SF$3.98
Rent Spread:
-$193/mo (-5.9%) Lower

10 Yonge St, Toronto

Avg Asking$3,550/mo
Avg $/SF$3.84
Rent Spread:
+$263/mo (+8.0%) Higher

10 Queens Quay W, Toronto

Avg Asking$6,025/mo
Avg $/SF$3.67
Rent Spread:
+$2,738/mo (+83.3%) Higher

18 Yonge St, Toronto

Avg Asking$2,527/mo
Avg $/SF$3.98
Rent Spread:
-$760/mo (-23.1%) Lower

Comparable Analysis & Questions

How do rental rates at Success Tower at Centre compare to neighbouring buildings within Harbourfront?

Success Tower at Centre achieves an average lease rent of $3,203 per month, comparing against an overall comp average of $2,887 per month across key benchmarks including 33 Bay Residences at Centre, Centre - Tower II, Centre - Tower I, and World Trade Centre I. Specifically, 33 Bay Residences at Centre (33 Bay St) reports an average lease rent of $3,073 per month at $4.37 per square foot across an average of 732 square feet with 11 active listings. Centre - Tower II (12 Yonge St) averages $2,936 per month at $3.66 per square foot across 807 square feet with 7 active listings. Centre - Tower I (16 Yonge St) records an average lease rent of $2,937 per month at $3.97 per square foot across 747 square feet with 16 active listings. Finally, World Trade Centre I (10 Yonge St) posts an average lease rent of $2,600 per month at $4.00 per square foot across 650 square feet with 1 active listing.

Does Success Tower at Centre offer a competitive price-per-square-foot ($/SF) against local comparables?

Success Tower at Centre establishes its value proposition by delivering an average leased rate of $4.08 per square foot across an expansive average footprint of 783 square feet, comparing favorably against nearby alternatives and the broader submarket benchmark of $4.44 per square foot. Renters at Success Tower at Centre trade off slightly higher gross monthly rents for more interior square footage, providing 51 more square feet than 33 Bay Residences at Centre (which averages 732 square feet at $4.37 per square foot) while offering a more competitive rate per square foot. Compared to Centre - Tower II at 12 Yonge St (which averages 807 square feet at $3.66 per square foot), Success Tower at Centre commands a $0.42 per square foot (11.5%) premium for its newer 2009 build age and modernized suite configurations. Against Centre - Tower I at 16 Yonge St (averaging 747 square feet at $3.97 per square foot), Success Tower at Centre provides 36 more square feet of living space while trading at a $0.11 per square foot (2.8%) premium. Furthermore, compared to the older 1991-built World Trade Centre I at 10 Yonge St (averaging 650 square feet at $4.00 per square foot), Success Tower at Centre delivers 133 more square feet of interior space, offering superior layout efficiency and contemporary finish standards.

How do building age, amenities, and developer reputation impact rent spreads?

Success Tower at Centre features an extensive lifestyle and wellness amenity profile that outpaces many surrounding mid-2000s and early-1990s builds in the Harbourfront submarket. Signature amenities at Success Tower at Centre include an Indoor Pool, a dedicated Yoga Studio, a Tennis & Pickleball Court, and a comprehensive Business Centre, which stand in direct contrast to competing properties. While 33 Bay Residences at Centre offers comparable athletic facilities such as an indoor pool and squash courts, Success Tower at Centre differentiates itself with specialized recreational spaces like its indoor running track and putting green. Compared to Centre - Tower II and Centre - Tower I, which feature standard fitness and party rooms, Success Tower at Centre provides an enhanced wellness package including a Basketball Court and a Squash & Racquetball Court. Against the older World Trade Centre I—which relies on basic shared laundry and limited recreational spaces—Success Tower at Centre delivers a robust, modern amenity suite tailored to professionals and active urban residents seeking comprehensive on-site fitness and leisure.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Success Tower at Centre.

Building Amenities

  • Concierge & Security
  • Car Wash Bay
  • Gym & Fitness Centre
  • Yoga Studio
  • 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
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Kids' Play Room - Indoor
  • Putting Green
  • Running Track
  • Car Sharing
  • Cyber Lounge

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Success Tower at Centre.

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.