Jazz — Rental Market Data

Jazz has 4 active listings as of August 31, 2026, offering a price range of $2,135 to $3,150 per month, an average rent of $2,616 per month, and a median rent of $2,590 per month. Active inventory features an average suite size of 588 square feet and an average asking rate of $4.56 per square foot. The dominant layout is the one-bedroom tier, capturing a 25.0% share of the available pool. Current listings lean toward a diverse spread of configurations rather than clustering exclusively in compact entry-level footprints.

The dominant active layout at Jazz is the 1-Bedroom, representing 1 listing and a 25.0% inventory share. Available layouts span 4 distinct tiers: 1-Bedroom suites average $2,560 per month across 550 square feet at $4.65 per square foot; 1-Bedroom plus den suites average $2,620 per month across 650 square feet at $4.03 per square foot; 2-Bedroom suites average $3,150 per month across 750 square feet at $4.20 per square foot; and studio suites average $2,135 per month across 400 square feet at $5.34 per square foot.

Jazz displays a minimum entry rent of $2,135 per month and a peak asking rent of $3,150 per month, generating a dollar spread of $1,015 and a percentage spread of 47.5%. Median asking rent sits at $2,590 per month. The entry-level suite is a studio spanning 400 square feet priced at $5.34 per square foot, while the peak tier is represented by a 2-bedroom layout spanning 750 square feet priced at $4.20 per square foot.

Jazz commands an active den premium of $60 per month for an additional 100 square feet of living space, resulting in a marginal cost of $0.60 per square foot for the extra den area. Parking premium data cannot be reliably isolated due to an anomalous outlier or insufficient paired sample, so parking fees remain inconclusive.

Jazz asks an average rent of $2,616 per month at $4.56 per square foot, comparing to the Downtown East submarket asking benchmark of $2,636 per month at $4.36 per square foot. While nominal monthly asking rents sit slightly below the broader submarket average, the building commands a 4.6% higher rate per square foot due to more compact suite sizing. The property accounts for a minor share of the submarket's 192 total active listings.

Jazz leases average $2,173 per month, comparing against an overall competitive set average of $2,357 per month anchored by key benchmarks including Fleur and 88 North. Individual competitor performance varies across the immediate radius: Fleur at 60 Shuter St reports an average lease rent of $2,495 per month at $4.42 per square foot across an average of 581 square feet. Meanwhile, 88 North at 77 Shuter St achieves an average lease rent of $2,372 per month at $4.28 per square foot across 564 square feet, and Core Condominiums at 68 Shuter St records an average lease rent of $2,203 per month at $4.08 per square foot across 548 square feet. The Elm at 25 Dalhousie Street currently reports no closed leases in the past 180 days.

Jazz delivers a value proposition characterized by a realized lease rate of $4.37 per square foot across an average footprint of 498 square feet, trading at a $0.09 per square foot (2.1%) premium over 88 North and a $0.29 per square foot (7.1%) premium over Core Condominiums, while offering a slight $0.05 per square foot (1.1%) discount below Fleur. Renters evaluating Jazz weigh the trade-offs of its built-in 2006 age against newer alternatives: while buildings like the 2023-completed The Elm or 2021-completed Fleur offer larger average floor plans (reaching 581 square feet at Fleur) and modern finishes, Jazz provides a highly centralized Downtown East address with a compact, efficient layout structure that appeals to urban professionals prioritizing location over expansive square footage.

Jazz offers a robust lifestyle and amenity package featuring concierge and security, a gym and fitness centre, a party and lounge room, a rooftop terrace, and zip car availability, effectively balancing classic urban conveniences with modern shared spaces. When contrasted against newer neighboring peers, Jazz maintains competitive common-area offerings; for instance, while 2023-completed competitor The Elm introduces specialized features like a yoga studio, spin studio, outdoor pool, basketball court, pet wash station, and F1 race car simulator, and 2021-completed Fleur provides an indoor pool and dining room, Jazz anchors its appeal with practical resident staples such as a business centre, media and theatre room, games and billiards room, library and reading room, and parcel lockers. This amenity profile best serves urban professionals and downtown residents who value traditional building security, functional remote-work spaces, and outdoor relaxation areas over hyper-niche recreational simulators.