The Yards at Fort York — Rental Market Data

The Yards at Fort York has four active listings as of August 31, 2026, with asking rents ranging from $2,300 to $3,600 per month, an average of $2,738 per month, and a median of $2,525 per month. The average suite size across these listings is 613 square feet at an asking rate of $4.71 per square foot. One-bedroom units account for 50 percent of available inventory, making compact entry-level layouts the dominant tier, while the remaining two listings split between a one-bedroom-plus-den and a two-bedroom-plus-den executive option.

The dominant active layout at The Yards at Fort York is the one-bedroom, with two units representing 50 percent of available inventory at an average asking rent of $2,450 per month, 550 square feet, and $4.45 per square foot. The one-bedroom-plus-den tier holds a single listing at $2,450 per month for 400 square feet at $6.13 per square foot, while the two-bedroom-plus-den tier also carries one unit at $3,600 per month for 950 square feet at $3.79 per square foot. Each of the den-equipped tiers is a single listing, so renters in those configurations have no in-building alternatives.

The Yards at Fort York's active asking rents span from a minimum of $2,300 per month to a peak of $3,600 per month, a dollar spread of $1,300 and a percentage spread of 56.5 percent. The median asking rent sits at $2,525 per month. The entry-level suite is a one-bedroom at 550 square feet and $4.18 per square foot, while the peak listing is a two-bedroom-plus-den at 950 square feet and $3.79 per square foot, reflecting the inverse relationship between suite size and rate per foot within this small sample.

At The Yards at Fort York, the active den premium is unquantified; the tracked den delta of minus 150 square feet yields a net premium of $0 per month, and the marginal cost per square foot for additional den space cannot be reliably calculated from the current sample. Active parking stall premiums also cannot be reliably isolated due to an insufficient paired sample, so no specific monthly parking figure should be quoted for currently listed units. Historical lease data does confirm a verified parking premium of $325 per month, which serves as a reasonable reference point for budgeting.

The Yards at Fort York's active asking average of $2,738 per month at $4.71 per square foot compares to the CityPlace / Fort York submarket asking benchmark of $3,101 per month at $4.58 per square foot. The building trades at a 2.8 percent premium on a rate-per-square-foot basis, yet its nominal average rent is roughly $363 per month below the submarket average, a gap explained by the more compact 613-square-foot listing footprint versus the submarket's larger average suite. The Yards at Fort York accounts for four out of 148 available listings in the CityPlace / Fort York submarket, representing approximately 2.7 percent of total active inventory.

The Yards at Fort York's all-time average realized lease rent of $2,550 per month runs $17 above the four-comp benchmark of $2,533, placing the building marginally ahead of its immediate peer set on nominal pricing. LTD at 15 Bruyeres Mews (0.03 km, 7 closed leases) averaged $2,431 per month at $4.08 per square foot across 599 square feet, meaning the subject commands a $119-per-month higher rent. Fortune at Fort York at 38 Iannuzzi St (0.06 km, 28 closed leases) averaged $2,503 per month at $4.64 per square foot across 551 square feet, with the subject realizing $47 more per month. The LakeFront – LakeShore East Tower at 17 Bathurst St (0.07 km, 33 closed leases) averaged $2,753 per month at $4.56 per square foot across 615 square feet, where the subject trades at a $203-per-month lower rent. Harbourfront at 600 Fleet St (0.08 km, 15 closed leases) averaged $2,443 per month at $4.21 per square foot across 586 square feet, with the subject commanding $107 more per month. All four competitors recorded active lease volume, so no zero-transaction reference applies in this pocket.

The Yards at Fort York leases at $3.90 per square foot across an average 657-square-foot suite, a combination that undercuts every nearby competitor on rate per square foot while delivering the largest interior footprint in the cluster. Against LTD ($4.08 per square foot, 599 sq ft), the subject trades at a $0.18-per-square-foot (4.4%) discount and provides 58 more interior square feet; the $119 higher nominal rent is driven entirely by that additional 58 square feet of usable space rather than a per-square-foot premium. Fortune at Fort York ($4.64 per square foot, 551 sq ft) shows the widest gap: the subject offers a $0.74-per-square-foot (15.9%) discount and 106 more square feet, so the $47 higher monthly rent reflects a substantially larger suite, not a valuation premium. The LakeFront – LakeShore East Tower ($4.56 per square foot, 615 sq ft) is the one competitor where the subject's nominal rent is $203 lower, yet the subject still trades at a $0.66-per-square-foot (14.5%) discount and provides 42 more square feet—meaning renters gain both space and a lower total outlay. Harbourfront ($4.21 per square foot, 586 sq ft) sits in between: the subject offers a $0.31-per-square-foot (7.4%) discount and 71 more square feet, with the $107 higher rent again attributable to the expanded footprint.

The Yards at Fort York fields a 15-feature amenity suite that includes an Interactive 3D Social Room, a dedicated Library & Reading Room, and a Business Centre—three lifestyle elements absent from three of its four direct competitors. Fortune at Fort York (38 Iannuzzi St) counters with an Indoor Pool, Hot Tub & Jacuzzi, Spin Studio, Dog Run, Golf Simulator, Putting Green, Bocce Court, and Cold Plunge, none of which appear in the subject's package; The LakeFront – LakeShore East Tower (17 Bathurst St) adds an Indoor Pool, Pet Wash Station, Karaoke Room, Japanese-inspired tea rooms, and dedicated children's play spaces that the subject does not offer; and Harbourfront (600 Fleet St) includes an Indoor Pool, Hot Tub & Jacuzzi, and an Outdoor Theatre. LTD (15 Bruyeres Mews) is the closest amenity match, sharing the Gym, Sauna & Steam Room, Rooftop Terrace, BBQ Area, and Games & Billiards Room, but adds an Espresso Bar the subject lacks. The subject's distinctive differentiators—the Interactive 3D Social Room for immersive group programming, the Library & Reading Room for quiet remote-work or study sessions, and the Business Centre for professional meetings—position the building squarely toward young professionals and remote workers who prioritize flexible workspace and social variety over aquatic or resort-style recreation facilities.