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Market Data as of August 31, 2026

House of Assembly — Rental Market Data

181 Sterling Rd, Toronto, Ontario M6R 2B2
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,050
1-Bedroom + Den
1
$2,600

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2025
Total Suites266
DeveloperMarlin Spring Developments

House of Assembly at 181 Sterling Road in Toronto West is a 266-suite residential building developed by Marlin Spring Developments and completed in 2025. As of August 31, 2026, the property holds just two active listings, representing a 0.8 percent availability rate across the full inventory. Leasing momentum remains brisk: four leases closed in the past 30 days at an average of $2,249 per month with a 13-day average time on market, while ten leases sealed over the trailing 90 days averaged $2,297 per month and took 23 days to close.

Current asking rents average $2,325 per month at 3.86 dollars per square foot across an average suite size of 600 square feet. Realized 90-day leases came in at $2,297 per month and 4.00 dollars per square foot, indicating that active listings are priced roughly on par with recent closed deals. Against the Toronto West submarket asking benchmark of $3,051 per month and 4.72 dollars per square foot, House of Assembly undercuts the broader market by 18.2 percent on a rate-per-square-foot basis, making it a competitively priced option for renters in this corridor.

Marketing friction is minimal at this stage. The building has recorded zero delisted units, and 45.5 percent of recent leases closed below the original asking price, with tenants capturing an average discount of $52 per month. Active inventory is split evenly between a single one-bedroom suite at 550 square feet and a single one-bedroom-plus-den layout at 650 square feet, meaning renters face a binary choice rather than a tiered selection. With only two units on the market, availability is effectively scarce and first-mover advantage is likely.

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Active Rental Inventory & Asking Rates

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

Active Units2
-1 (33.3%)
Avg Asking Rent$2,325
-$8 (0.4%)
Avg Suite Size600 sf
0 sf
Avg Days on Market39d
+21d (112.7%)
Avg Asking $/SF$3.86
-$0.22 (5.4%)

Active Market Insights & Questions

How has rental availability changed at House of Assembly recently?

House of Assembly currently lists two active units as of August 31, 2026, with asking rents ranging from $2,050 to $2,600 per month, an average of $2,325, and a median of $2,325. The average suite size across both listings is 600 square feet at an asking rate of 3.86 dollars per square foot. Inventory is evenly divided between a one-bedroom and a one-bedroom-plus-den layout, each representing 50 percent of active availability, so the current mix skews toward compact entry-level suites rather than multi-bedroom executive configurations.

What floor plans and unit layouts are currently available at House of Assembly?

The dominant active layout at House of Assembly is the one-bedroom, with one unit representing 50 percent of current inventory at an average asking rent of $2,050 per month across 550 square feet and a rate of 3.73 dollars per square foot. The one-bedroom-plus-den tier also holds one unit at 50 percent share, asking $2,600 per month for 650 square feet at 4.00 dollars per square foot. Both tiers are single-listing samples, so each reflects an individual transaction rather than a broader market signal.

What is the average asking rent and $/SF by suite size at House of Assembly?

House of Assembly shows a minimum entry rent of $2,050 per month and a peak asking rent of $2,600 per month, producing a dollar spread of $550 and a percentage spread of 26.8 percent. The median asking rent sits at $2,325 per month, landing between the two available suites. The entry-level one-bedroom offers 550 square feet at 3.73 dollars per square foot, while the peak one-bedroom-plus-den provides 650 square feet at 4.00 dollars per square foot, meaning the higher price tag buys an additional 100 square feet of den space rather than a fundamentally larger primary living area.

How much extra do parking spaces and dens cost at House of Assembly?

House of Assembly carries an active den premium of $550 per month for an additional 100 square feet of den space, translating to a marginal cost of 5.50 dollars per square foot for the extra room. Parking premium data cannot be reliably isolated from current listings due to an insufficient paired sample, and historical lease records do not provide a verified parking benchmark, so no definitive parking add-on cost can be quoted at this time.

How do asking rents at House of Assembly compare to local and municipal benchmarks?

House of Assembly asks an average of $2,325 per month at 3.86 dollars per square foot, compared to the Toronto West submarket asking benchmark of $3,051 per month and 4.72 dollars per square foot. The building's 18.2 percent lower rate per square foot reflects both a genuinely competitive pricing position and the fact that its average 600-square-foot suite is more compact than the submarket norm, so the lower nominal monthly outlay is partly driven by smaller footprint rather than purely cheaper unit pricing. House of Assembly accounts for two of the 50 active listings in the Toronto West submarket, representing a 4 percent share of total available inventory.

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 House of Assembly (Data period: For the month of August 2026).

Units Leased4
Avg Leased Price$2,249
Avg Leased Size652 sf
Avg Days to Lease13d
Leased $/SF$3.83

Leased Transaction Insights & Questions

How many suites were leased at House of Assembly last month, and how fast did they rent?

House of Assembly at 181 Sterling Rd closed leases in 13 days on average over the trailing 30 days, well ahead of the Toronto West submarket benchmark of 23 days. The 90-day average DOM sits at 23 days, matching the submarket norm, while the lifetime average across all 11 closed leases is 24 days. Leasing velocity accelerated sharply over the summer: one lease closed in May, two in June, and four each in July and August, with the most recent 30-day window (4 leases) outpacing the prior 60-day stretch (3 leases).

What is the negotiation spread between asking rents and closed lease prices at House of Assembly?

House of Assembly tenants negotiated an average discount of $52 per month (1.93% below asking), saving roughly $624 per year in rent. Forty-five point five percent of all closed leases settled under the listed asking price, confirming measurable tenant leverage in this initial-occupancy building. The remaining leases closed at or near asking, meaning landlords did not extract a premium above list in the majority of transactions.

What are typical executed lease prices across different layouts at House of Assembly?

The two highest-volume anchor layouts at House of Assembly are the 1-Bedroom (4 leases, average $2,013 per month, 35-day DOM) and the 1-Bedroom + Den (4 leases, average $2,280 per month, 16-day DOM). The 3-Bedroom+ tier recorded 2 closed leases at an average of $3,875 per month across 1,036 square feet (3.75 per square foot), with a P25-P75 range of $3,562 to $4,188 and a 27-day DOM; this is a limited sample size and serves as a directional indicator only. The 2-Bedroom tier reflects an individual single transaction at $2,550 per month for 650 square feet (3.92 per square foot) with a 12-day DOM, representing one closed lease rather than a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at House of Assembly?

House of Assembly does not have a reliably isolable leased parking premium, as paired data between suites with and without parking is insufficient to calculate a defensible monthly delta. Active listings also show unreliable parking outliers, so no concrete parking fee can be quoted for this building at this time. Tenants should confirm whether parking is bundled into the suite rent or offered as a separate line item directly with the leasing office.

How does the lease-to-listing ratio at House of Assembly reflect current tenant demand?

House of Assembly shows a clear downward rent trajectory from spring into late summer, with average realized rents falling from $4,500 in May to $2,249 by August. May saw one lease close at $4,500 per month (3.68 per square foot) after 39 days on market. June recorded two leases averaging $2,038 per month (4.05 per square foot) with a 47-day DOM. July brought four leases at an average of $2,475 per month (4.15 per square foot) and a 20-day DOM. August closed four leases at $2,249 per month (3.83 per square foot) with the fastest turnover yet at 13 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
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Chart Metrics
Max 2 Plotted
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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)
2026-04-27234008114.5518
2026-04-28234008114.5519
2026-04-29234008114.5520
2026-04-30234008114.5521
2026-05-01234008114.5522
2026-05-02234008114.5523
2026-05-03234008114.5524
2026-05-04234008114.5525
2026-05-05234008114.5526
2026-05-06330167574.1918
2026-05-07330167574.1919
2026-05-08330167574.1920
2026-05-09330167574.1921
2026-05-10330167574.1922
2026-05-11330167574.1923
2026-05-12330167574.1924
2026-05-13330167574.1925
2026-05-14330167574.1926
2026-05-15330167574.1927
2026-05-16330167574.1928
2026-05-17330167574.1929
2026-05-18330167574.1930
2026-05-19330167574.1931
2026-05-20330167574.1932
2026-05-21330167574.1933
2026-05-22330167574.1934
2026-05-23330167574.1935
2026-05-24330167574.1936
2026-05-25330167574.1937
2026-05-26330167574.1938
2026-05-27330167574.1939
2026-05-28428317314.0130
2026-05-29322085674.0728
2026-05-30322085674.0729
2026-05-31322085674.0730
2026-06-01322085674.0731
2026-06-02322085674.0732
2026-06-03322085674.0733
2026-06-04322085674.0734
2026-06-05322085674.0735
2026-06-06322085674.0736
2026-06-07322085674.0737
2026-06-08322085674.0738
2026-06-09322085674.0739
2026-06-10322085674.0740
2026-06-11222636503.4825
2026-06-12222636503.4826
2026-06-13222636503.4827
2026-06-14222636503.4828
2026-06-15222636503.4829
2026-06-16322086173.5920
2026-06-17221756003.6422
2026-06-18221756003.6423
2026-06-19221756003.6424
2026-06-20221756003.6425
2026-06-21221756003.6426
2026-06-22221756003.6427
2026-06-23221756003.6428
2026-06-24221756003.6429
2026-06-25321335334.1320
2026-06-26321335334.1321
2026-06-27321335334.1322
2026-06-28321335334.1323
2026-06-29321335334.1324
2026-06-30321335334.1325
2026-07-01321335334.1326
2026-07-02321335334.1327
2026-07-03321335334.1328
2026-07-04321335334.1329
2026-07-05321335334.1330
2026-07-06321335334.1331
2026-07-07222005754.136
2026-07-08322006003.885
2026-07-09322006003.886
2026-07-10524956603.904
2026-07-11524956603.905
2026-07-12524956603.906
2026-07-13524956603.907
2026-07-14524956603.908
2026-07-15524956603.909
2026-07-16524956603.9010
2026-07-17625046583.909
2026-07-18625046583.9010
2026-07-19625046583.9011
2026-07-20525656604.0112
2026-07-21624796174.1911
2026-07-22624796174.1912
2026-07-23624796174.1913
2026-07-24523205704.2614
2026-07-25523205704.2615
2026-07-26523205704.2616
2026-07-27523205704.2617
2026-07-28423886134.0514
2026-07-29323336004.0916
2026-07-30323336004.0917
2026-07-31323336004.0918
2026-08-01126006504.0022
2026-08-02126006504.0023
2026-08-03126006504.0024
2026-08-04126006504.0025
2026-08-05223256003.8613
2026-08-06323506173.819
2026-08-07323506173.8110
2026-08-08323506173.8111
2026-08-09323506173.8112
2026-08-10323506173.8113
2026-08-11323506173.8114
2026-08-12323506173.8115
2026-08-13323506173.8116
2026-08-14423116253.7013
2026-08-15322826173.7016
2026-08-16322826173.7017
2026-08-17322826173.7018
2026-08-18322826173.7019
2026-08-19322826173.7020
2026-08-20322826173.7021
2026-08-21322826173.7022
2026-08-22223256003.8630
2026-08-23223256003.8631
2026-08-24223256003.8632
2026-08-25223256003.8633
2026-08-26223256003.8634
2026-08-27223256003.8635
2026-08-28223256003.8636
2026-08-29223256003.8637
2026-08-30223256003.8638
2026-08-31223256003.8639

12-Month Market Dynamics & Trend Trajectory

House of Assembly has closed 11 leases since its 2025 registration, averaging $2,497 per month at 3.97 per square foot across suites that average 652 square feet. The lifetime average DOM is 24 days, and the building sits in the initial-occupancy lifecycle stage with a 0.8% availability rate, indicating most of the 266-suite inventory is still being absorbed. Tenant turnover has been steady, with leasing activity ramping from one deal in May to four per month by July and August. Pricing discipline at House of Assembly favours tenants: 45.5% of leases closed below asking, and the net negotiation spread averages a $52-per-month discount (1.93% under list). This translates to roughly $624 in annual savings for each tenant who negotiated, confirming that landlords are conceding on price rather than holding firm at or above asking. The remaining leases settled at or near list, so the building does not exhibit a landlord premium pattern.

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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.

Property & transaction filters
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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)
2026-05-241450012223.6839
2026-05-310N/AN/AN/AN/A
2026-06-07119004004.7573
2026-06-14121756503.3520
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-05120505503.7321
2026-07-120N/AN/AN/AN/A
2026-07-19132508503.8214
2026-07-26422505504.3320
2026-08-020N/AN/AN/AN/A
2026-08-09124006503.699
2026-08-16121956503.388

Nearby Building Rental Comparables & Price Spreads

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

House of Assembly at 181 Sterling Rd sits in a tight competitive cluster within a 300-metre radius of four registered buildings spanning three distinct construction eras. The nearest competitor, Sterling Studio Lofts at 227 Sterling Road (0.18 km), was completed in 1999 and recorded one closed lease transaction over the trailing 180 days. Bloorline Lofts at 284 St Helens Ave (0.22 km), finished in 2004, also logged a single closed lease in the same window. Enigma on the Park at 138 St Helen's Ave (0.23 km), built in 2020, registered zero closed leases in the period, while Be Bloor at 1369 Bloor St W (0.30 km), completed in 2006, closed two lease transactions. House of Assembly, with an estimated 2025 completion date, is the newest structure in this set by a full decade over Enigma on the Park and roughly 20 years ahead of the remaining three competitors. Across the four comparables with realized lease data, the micro-market averages $2,557 per month, $3.86 per square foot, and 664 square feet of suite space. House of Assembly's all-time leased average of $2,497 per month and $3.97 per square foot on 652 square feet positions it slightly below the comp average on headline rent while trading at a modest premium on a per-square-foot basis relative to the two older lofts. The building's 2025 construction gives it a clear age-driven value edge over the 1999 and 2004-era competitors, yet it remains priced under the Toronto West submarket leased benchmark of $4.29 per square foot, signaling a competitive entry point for tenants seeking newer finishes without paying the submarket premium.

227 Sterling Road, Toronto

Avg Asking$2,520/mo
Avg $/SF$3.58
Rent Spread:
+$195/mo (+8.4%) Higher

284 St Helens Ave, Toronto

Avg Asking$2,175/mo
Avg $/SF$3.96
Rent Spread:
-$150/mo (-6.5%) Lower

1369 Bloor St W, Toronto

Avg Asking$3,170/mo
Avg $/SF$3.76
Rent Spread:
+$845/mo (+36.3%) Higher

383 Sorauren Ave, Toronto

Avg Asking$3,243/mo
Avg $/SF$4.23
Rent Spread:
+$918/mo (+39.5%) Higher

25 Ritchie Ave, Toronto

Avg Asking$2,500/mo
Avg $/SF$4.55
Rent Spread:
+$175/mo (+7.5%) Higher

24-36 Howard Park Ave, Toronto

Avg Asking$3,850/mo
Avg $/SF$4.53
Rent Spread:
+$1,525/mo (+65.6%) Higher

Comparable Analysis & Questions

How do rental rates at House of Assembly compare to neighbouring buildings within Toronto West?

House of Assembly's all-time average lease rent of $2,497 per month lands $60 below the four-comp average of $2,557, undercutting Be Bloor's $3,170 benchmark while sitting modestly above Bloorline Lofts' $2,000. Sterling Studio Lofts at 227 Sterling Road closed leases averaging $2,500 per month at $4.17 per square foot on 600 square feet of space, making it nearly rent-identical to the subject but at a higher per-square-foot rate. Bloorline Lofts at 284 St Helens Ave transacted at $2,000 per month, $3.64 per square foot, and 550 square feet, representing the lowest-rent option in the cluster. Be Bloor at 1369 Bloor St W commanded $3,170 per month at $3.76 per square foot on 843 square feet, the largest and most expensive suite in the set. Enigma on the Park at 138 St Helen's Ave recorded no closed leases in the trailing 180 days, so no direct rent benchmark is available from that property.

Does House of Assembly offer a competitive price-per-square-foot ($/SF) against local comparables?

House of Assembly leases at $3.97 per square foot on an average 652-square-foot suite, placing it at a $0.21-per-square-foot (5.6%) premium over Be Bloor's $3.76 rate while offering 191 fewer square feet than that competitor's 843-square-foot layout. Against Sterling Studio Lofts, the subject trades at a $0.20-per-square-foot discount (4.8% below the comp's $4.17) while delivering 52 more square feet of interior space, giving tenants a meaningfully larger footprint for less per-unit cost. Bloorline Lofts sits further below at $3.64 per square foot on 550 square feet, so House of Assembly commands a $0.33-per-square-foot premium (9.1%) but provides 102 additional square feet. The practical trade-off for a renter is clear: choosing House of Assembly over Be Bloor means accepting a smaller suite at a higher per-square-foot rate, whereas selecting it over Sterling Studio Lofts or Bloorline Lofts means paying slightly more per square foot in exchange for a noticeably larger, newer unit with a fuller amenity package.

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

House of Assembly's amenity suite is the most comprehensive in its immediate cluster, pairing a dedicated Yoga Studio, Pet Wash Station, Dog Run, Rooftop Terrace, and Family Area with standard concierge, gym, BBQ, and party-room offerings. The Pet Wash Station combined with a purpose-built Dog Run gives pet-owning tenants a full-service on-site experience that Be Bloor partially matches with its Dog Run but lacks the wash facility, and that Enigma on the Park offers a Pet Wash Station without a dedicated run. The Yoga Studio is unique across all four comparables—Sterling Studio Lofts and Bloorline Lofts offer no fitness programming beyond basic access, and even Enigma on the Park's gym does not include a dedicated yoga space. The Rooftop Terrace distinguishes House of Assembly from both Sterling Studio Lofts and Bloorline Lofts, neither of which provides an outdoor elevated gathering area, while the Family Area is absent from every competitor in the set. This lifestyle package is best suited to young professionals and small families in their late twenties to mid-thirties who want a move-in-ready, amenity-rich 2025 building with genuine pet infrastructure and wellness programming without stepping into the higher-rent tier of the Toronto West submarket.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around House of Assembly.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Party & Lounge Room
  • BBQ Area
  • Rooftop Terrace
  • Pet Wash Station
  • Dog Run
  • Family Area

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for House of Assembly.

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.