Skip to Content

Market Data as of August 31, 2026

Atlantis & Aquarius at Water Park City — Rental Market Data

231 Fort York Blvd, Toronto, Ontario M5V 1B2
Quick Rent Estimate
Active Suites13 Available
Type
Units
Avg Rent
2-Bedroom
6
$3,581
1-Bedroom + Den
2
$2,600
3-Bedroom+
2
$5,548
Studio
2
$2,000
1-Bedroom
1
$3,050

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2007
Total Suites456
DeveloperH & R Developments & Lifetime Developments & Lanterra Dev.

Atlantis & Aquarius at Water Park City is an established 456-suite development. There are currently 13 active listings, representing a 2.9% availability rate. In the last 90 days, 10 leases closed with an average of 18 days on market, while 3 leases closed in the last 30 days with an average of 11 days on market.

Active listings are asking an average of $3,448 per month ($4.59 per square foot), which is higher than the 90-day realized average of $2,492 per month ($4.26 per square foot), reflecting a shift toward larger units in the current inventory. This active rate is nearly aligned with the CityPlace / Fort York submarket asking benchmark of $4.58 per square foot.

Landlords are seeing faster turnover for closed leases (18 days) compared to the lack of delisted units, suggesting high price capture. Renters should note that current availability is skewed toward larger layouts, which may drive the higher absolute asking prices.

Get Monthly Rental Market Updates for Atlantis & Aquarius at Water Park City

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 Atlantis & Aquarius at Water Park City as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units13
+6 (85.7%)
Avg Asking Rent$3,448
-$264 (7.1%)
Avg Suite Size754 sf
-10 sf (1.4%)
Avg Days on Market31d
+11d (50.8%)
Avg Asking $/SF$4.59
-$0.26 (5.4%)

Active Market Insights & Questions

How has rental availability changed at Atlantis & Aquarius at Water Park City recently?

There are currently 13 active listings, resulting in a 2.9% availability rate. Lease velocity remains moderate, with an average of 31 days on market for active units.

What floor plans and unit layouts are currently available at Atlantis & Aquarius at Water Park City?

Breaking down each specific tier, 2-bedroom suites account for 6 units (46.2% of inventory). 1-bedroom + den, 3-bedroom+, and studio suites each account for 2 units (15.4% each), while 1-bedroom suites account for 1 unit (7.7%).

What is the average asking rent and $/SF by suite size at Atlantis & Aquarius at Water Park City?

Asking rents range from $1,950 to $6,950 per month, with the highest-priced suite being a 3-Bedroom+ unit asking $6,950 per month.

How much extra do parking spaces and dens cost at Atlantis & Aquarius at Water Park City?

The active inventory shows a den premium of -$450 per month. Parking premium data for active listings is currently inconclusive due to an insufficient sample size.

How do asking rents at Atlantis & Aquarius at Water Park City compare to local and municipal benchmarks?

The subject's active asking rate of $4.59 per square foot is nearly identical to the CityPlace / Fort York submarket benchmark of $4.58 per square foot.

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 Atlantis & Aquarius at Water Park City (Data period: For the month of August 2026).

Units Leased3
Avg Leased Price$2,333
Avg Leased Size571 sf
Avg Days to Lease11d
Leased $/SF$4.41

Leased Transaction Insights & Questions

How many suites were leased at Atlantis & Aquarius at Water Park City last month, and how fast did they rent?

The building recorded 13 leases over the past year, with 10 closing in the last 90 days and 3 in the last 30 days, resulting in an average time on market of 18 days.

What is the negotiation spread between asking rents and closed lease prices at Atlantis & Aquarius at Water Park City?

Tenants negotiated an average discount of $42 per month (1.60% below asking).

What are typical executed lease prices across different layouts at Atlantis & Aquarius at Water Park City?

The most frequent lease types were 1-Bedroom + Den units (5 leases, $2,505 average rent, 13-day DOM) and 2-Bedroom units (3 leases, $3,067 average rent, 31-day DOM). Specifically, 1-Bedroom + Den suites averaged $2,505 per month (median $2,550, range $2,450 to $2,600) across 610 square feet at $4.12 per square foot with a 13-day DOM. 2-Bedroom suites, representing a small sample, averaged $3,067 per month (median $3,100, range $2,975 to $3,175) across 797 square feet at $3.86 per square foot with a 31-day DOM. Studio suites, also a small sample, averaged $1,848 per month (median $1,850, range $1,822 to $1,875) across 395 square feet at $4.68 per square foot with a 12-day DOM. 1-Bedroom suites, representing a small sample, averaged $2,175 per month (median $2,175, range $2,138 to $2,212) across 400 square feet at $5.44 per square foot with a 24-day DOM.

What measurable rent premium did suites with parking achieve in closed leases at Atlantis & Aquarius at Water Park City?

Closed leases show a verified parking premium of $183 per month.

How does the lease-to-listing ratio at Atlantis & Aquarius at Water Park City reflect current tenant demand?

Leasing activity peaked in July 2026 with 5 closed deals, followed by August with 3 deals, while April saw the lowest volume with only 1 lease.

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)
2026-04-27637257984.6723
2026-04-28637257984.6724
2026-04-29637257984.6725
2026-04-30637257984.6726
2026-05-01637257984.6727
2026-05-02637257984.6728
2026-05-03637257984.6729
2026-05-04637257984.6730
2026-05-05637257984.6731
2026-05-06637257984.6732
2026-05-07637257984.6733
2026-05-08637257984.6734
2026-05-09637257984.6735
2026-05-10735217414.8230
2026-05-11736197265.033
2026-05-12834486865.113
2026-05-13834486865.114
2026-05-14834486865.115
2026-05-15834486865.116
2026-05-16736697295.135
2026-05-17736697295.136
2026-05-18736697295.137
2026-05-19736697295.138
2026-05-20736697295.139
2026-05-21736697295.1310
2026-05-22736697295.1311
2026-05-23736697295.1312
2026-05-24736697295.1313
2026-05-25736697295.1314
2026-05-26736697295.1315
2026-05-27638977835.0316
2026-05-28736587504.8914
2026-05-29736587504.8915
2026-05-30736587504.8916
2026-05-31736587504.8917
2026-06-01736587504.8918
2026-06-02836017634.7517
2026-06-03836017634.7518
2026-06-04737977934.8521
2026-06-05737977934.8522
2026-06-06737977934.8523
2026-06-07737977934.8524
2026-06-08737977934.8525
2026-06-09737977934.8526
2026-06-10737977934.8527
2026-06-11640558584.7227
2026-06-12640558584.7228
2026-06-13640558584.7229
2026-06-14640558584.7230
2026-06-15640558584.7231
2026-06-16640558584.7232
2026-06-17640558584.7233
2026-06-18640558584.7234
2026-06-19640558584.7235
2026-06-20640558584.7236
2026-06-21640558584.7237
2026-06-22739048494.5933
2026-06-23739048494.5934
2026-06-24739048494.5935
2026-06-25739048494.5936
2026-06-26739048494.5937
2026-06-27739048494.5938
2026-06-28739048494.5939
2026-06-29739048494.5940
2026-06-30739048494.5941
2026-07-01739048494.5942
2026-07-02739048494.5943
2026-07-03739048494.5944
2026-07-04739048494.5945
2026-07-05739048494.5946
2026-07-06838238374.5641
2026-07-07838738494.556
2026-07-08838738494.557
2026-07-09838738494.558
2026-07-10936597994.598
2026-07-11936597994.599
2026-07-12936597994.5910
2026-07-13936597994.5911
2026-07-14837118054.6213
2026-07-15935937884.5612
2026-07-16935937884.5613
2026-07-17935937884.5614
2026-07-18935937884.5615
2026-07-19935937884.5616
2026-07-20935937884.5617
2026-07-21836677884.6517
2026-07-22836677884.6518
2026-07-23836677884.6519
2026-07-24836677884.6520
2026-07-25836677884.6521
2026-07-26836487754.7121
2026-07-27834737194.8015
2026-07-28834737194.8016
2026-07-29834737194.8017
2026-07-30737127644.8520
2026-07-31737127644.8521
2026-08-01737127644.8522
2026-08-02737127644.8523
2026-08-03835867504.7621
2026-08-04835867504.7622
2026-08-05835867504.7623
2026-08-06737127644.8527
2026-08-07835047194.8824
2026-08-08835047194.8825
2026-08-09835047194.8826
2026-08-10835047194.8827
2026-08-11835047194.8828
2026-08-12934937224.8426
2026-08-13934937224.8427
2026-08-14934937224.8428
2026-08-15934937224.8429
2026-08-16934937224.8430
2026-08-171034147204.7626
2026-08-181034147204.7627
2026-08-191034147204.7628
2026-08-201034147204.7629
2026-08-211034147204.7630
2026-08-221034147204.7631
2026-08-231034147204.7632
2026-08-241232787084.6327
2026-08-251332957194.5926
2026-08-261334487544.5926
2026-08-271334487544.5927
2026-08-281334487544.5928
2026-08-291334487544.5929
2026-08-301334487544.5930
2026-08-311334487544.5931

12-Month Market Dynamics & Trend Trajectory

Lease volume peaked in July 2026 with 5 closed deals, while the lowest activity occurred in April 2026 with a single lease. Average rents fluctuated from a low of $2,075 in May to a high of $2,719 in July, reflecting the varying unit sizes being leased.

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)
2026-05-10119003854.9424
2026-05-170N/AN/AN/AN/A
2026-05-24122504005.6317
2026-05-31122255504.057
2026-06-07121004005.2530
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
2026-07-12132507504.338
2026-07-19128507923.6029
2026-07-26324986334.0423
2026-08-02127006504.153
2026-08-090N/AN/AN/AN/A
2026-08-16124505504.4522
2026-08-23118504004.639

Nearby Building Rental Comparables & Price Spreads

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

Atlantis & Aquarius at Water Park City (built in 2007) sits within a tight competitive cluster of four nearby buildings on Fort York Boulevard and Fleet Street, all within 0.21 kilometres. It is slightly older than Water Park City I (2006) but younger than Neptune 1, Neptune 2 (both 2011), and West Harbour City I (2010). The subject leases at $2,432 per month ($4.39 per square foot) on 571 square feet of interior space. This is higher than the four-building comparable average of $4.06 per square foot, but the total monthly rent is $277 below the $2,709 average because the subject's suites are approximately 107 square feet smaller.

219 Fort York Blvd, Toronto

Avg Asking$3,077/mo
Avg $/SF$4.27
Rent Spread:
-$371/mo (-10.8%) Lower

215 Fort York Blvd, Toronto

Avg Asking$2,833/mo
Avg $/SF$4.18
Rent Spread:
-$616/mo (-17.9%) Lower

209 Fort York Blvd, Toronto

Avg Asking$2,172/mo
Avg $/SF$4.20
Rent Spread:
-$1,277/mo (-37.0%) Lower

628 Fleet Street / 99 Sloping Sky Mews, Toronto

Avg Asking$3,245/mo
Avg $/SF$3.84
Rent Spread:
-$204/mo (-5.9%) Lower

187 Fort York Boulevard W, Toronto

Avg Asking$2,350/mo
Avg $/SF$3.62
Rent Spread:
-$1,098/mo (-31.9%) Lower

35 Bastion St/38 Grand Magazine St, Toronto

Avg Asking$2,788/mo
Avg $/SF$4.31
Rent Spread:
-$660/mo (-19.1%) Lower

Comparable Analysis & Questions

How do rental rates at Atlantis & Aquarius at Water Park City compare to neighbouring buildings within CityPlace / Fort York?

Atlantis & Aquarius at Water Park City's average realized lease rent of $2,432 per month runs $277 (approximately 10.2%) below the four-building comparable average of $2,709, driven primarily by smaller suite footprints. Water Park City I (0.06 km, built in 2006) reports an average lease of $2,688 per month at $4.24 per square foot. Neptune 1 (0.09 km, built in 2011) shows an average lease of $2,703 per month at $4.13 per square foot. Neptune 2 (0.11 km, built in 2011) leases at $2,260 per month at $3.97 per square foot. West Harbour City I (0.21 km, built in 2010) posts the highest comp rent at $3,185 per month at $3.89 per square foot.

Does Atlantis & Aquarius at Water Park City offer a competitive price-per-square-foot ($/SF) against local comparables?

The subject delivers $4.39 per square foot on an average 571-square-foot suite, placing it just $0.03 above the CityPlace / Fort York submarket leased benchmark of $4.36 per square foot. Against Water Park City I at $4.24 per square foot and Neptune 1 at $4.13 per square foot, the subject trades a modest per-square-foot premium for a more compact footprint that keeps total monthly rent lower. Neptune 2 at Water Park City offers the closest size match at 558 square feet and the lowest comp rate of $3.97 per square foot; the subject's 13 additional square feet come at a $0.42 per square foot premium over that building. West Harbour City I, at 838 square feet and $3.89 per square foot, targets a different renter segment needing larger layouts.

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

Atlantis & Aquarius at Water Park City offers a 14-feature amenity suite that distinguishes itself through dedicated wellness and social spaces. The subject's indoor pool, hot tub and jacuzzi, and sauna and steam room form a full aquatic-and-spa circuit that matches Water Park City I, Neptune 1, Neptune 2, and West Harbour City I. Where the subject pulls ahead is in its dedicated massage rooms and garden courtyard—two amenities absent from both Neptune 1 and Neptune 2 at Water Park City. The subject's yoga studio complements its gym and fitness centre, while Water Park City I differentiates with a spin studio the subject does not carry, and West Harbour City I adds a dining room and kitchen that the subject replaces with its meeting room and media and theatre room. For renters seeking a full-service wellness floor combined with a rooftop terrace, BBQ area, and games room, Atlantis & Aquarius at Water Park City is the most amenity-complete option in this cluster.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Atlantis & Aquarius at Water Park City.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Massage Rooms

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Atlantis & Aquarius at Water Park City.

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.