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Market Data as of August 31, 2026

875 Queen East — Rental Market Data

246 Logan Ave, Toronto, Ontario M4M 0E9
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,750
2-Bedroom
1
$2,900

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2019
Total Suites122
DeveloperHarhay Developments

875 Queen East at 246 Logan Ave in Toronto East is a 122-suite residential building completed in 2019 by Harhay Developments, currently showing 2 active listings for an availability rate of 1.6 percent. The building closed one lease in the trailing 30 days at an average of $2,800 per month with a 24-day marketing period, and six leases over the past 90 days averaging $2,983 per month with a 26-day average days on market.

The two active suites ask an average of $2,825 per month at a blended rate of $4.20 per square foot across 675 average square feet, which sits below the 90-day realized lease rate of $4.47 per square foot and reflects a marginally more compact footprint than the 682-square-foot average seen in historical closed leases. Against the Toronto East submarket asking benchmark of $3.98 per square foot, 875 Queen East commands a 5.5 percent premium on a per-square-foot basis, positioning it as a mid-premium offering within the neighborhood.

Marketing friction is modest: active listings averaged 15 days on market, well under the submarket benchmark of 24 days, and the single 30-day closed lease matched that 24-day mark exactly. Across all seven tracked historical leases, tenants negotiated an average discount of $64 per month, or 2.09 percent below asking, with 71.4 percent of transactions closing under the initial list price. Inventory depth is extremely thin at two units—one one-bedroom and one two-bedroom—meaning renters face single-listing scarcity in both bedroom tiers with no multi-unit choice within the building.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at 875 Queen East as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units2
+1 (100.0%)
Avg Asking Rent$2,825
-$165 (5.5%)
Avg Suite Size675 sf
+25 sf (3.8%)
Avg Days on Market15d
-20d (58.6%)
Avg Asking $/SF$4.20
-$0.40 (8.8%)

Active Market Insights & Questions

How has rental availability changed at 875 Queen East recently?

875 Queen East lists 2 active suites as of August 31, 2026, with asking rents ranging from $2,750 to $2,900 per month, an average of $2,825, and a median of $2,825. The two available units average 675 square feet at a blended asking rate of $4.20 per square foot, split evenly between one one-bedroom and one two-bedroom layout. Inventory is balanced across bedroom tiers rather than skewing toward compact entry-level suites or multi-bedroom executive configurations, with each tier represented by a single listing.

What floor plans and unit layouts are currently available at 875 Queen East?

The dominant active layout at 875 Queen East is the one-bedroom, accounting for 1 of 2 listings at a 50 percent share, alongside a single two-bedroom unit at the same 50 percent share. The one-bedroom asks $2,750 per month for 700 square feet at $3.93 per square foot, while the two-bedroom lists at $2,900 per month for 650 square feet at $4.46 per square foot. Both tiers are single-listing samples, so neither tier offers a comparative spread within the building.

What is the average asking rent and $/SF by suite size at 875 Queen East?

875 Queen East's active asking range spans $2,750 to $2,900 per month, a $150 spread representing 5.5 percent of the entry price, with a median asking rent of $2,825. The entry-level suite is a one-bedroom at 700 square feet priced at $3.93 per square foot, while the peak listing is a two-bedroom at 650 square feet carrying a $4.46 per square foot rate. The two-bedroom commands a $150 monthly premium over the one-bedroom despite offering 50 fewer square feet, reflecting a layout-driven pricing step rather than a pure size differential.

How much extra do parking spaces and dens cost at 875 Queen East?

Active den premiums at 875 Queen East cannot be quantified due to insufficient paired sample data, and no reliable square-footage delta or marginal cost per square foot for den space can be isolated. Parking stall costs are similarly unquoted; the available data reflects an unreliable outlier or insufficient paired sample, so no specific monthly parking fee can be stated for either active listing.

How do asking rents at 875 Queen East compare to local and municipal benchmarks?

875 Queen East asks an average of $2,825 per month at $4.20 per square foot, compared to the Toronto East submarket asking benchmark of $2,611 per month and $3.98 per square foot, placing the building 5.5 percent above the neighborhood rate per square foot. The nominal rent premium of $214 per month over the submarket average is partially offset by suite sizing: the building's 675-square-foot average footprint is comparable to submarket norms, so the per-square-foot differential is the more meaningful comparison. 875 Queen East represents 2 out of 74 available listings in the Toronto East submarket, a 2.7 percent share of total active 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 875 Queen East (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,800
Avg Leased Size682 sf
Avg Days to Lease24d
Leased $/SF$4.40

Leased Transaction Insights & Questions

How many suites were leased at 875 Queen East last month, and how fast did they rent?

875 Queen East closed one lease in the trailing 30 days at a 24-day DOM, matching the Toronto East submarket benchmark of 24 days, while the 90-day window shows a 26-day average across six closings. Over the full trailing year, seven leases sealed at a 23-day lifetime DOM, indicating leasing cadence has held steady rather than accelerating. The 30-day volume of one deal against six in the prior 90 days suggests a modest seasonal lull rather than a structural pause in tenant demand.

What is the negotiation spread between asking rents and closed lease prices at 875 Queen East?

875 Queen East tenants negotiated an average discount of $64 per month (2.09% below asking), translating to $768 in annual savings per unit across the seven tracked leases. 71.4% of all closed leases settled under the initial asking price, confirming consistent tenant leverage and landlord concession in this submarket. This pattern reflects a buyer's-market dynamic where landlords absorbed modest price pushback to secure occupancy rather than hold firm on sticker pricing.

What are typical executed lease prices across different layouts at 875 Queen East?

The 1-Bedroom + Den layout anchors 875 Queen East's lease volume with three closings at an average of $2,633 per month and a 21-day DOM. The 1-Bedroom tier recorded two leases averaging $2,400 per month (median $2,400, P25–P75 range $2,350–$2,450) across 475 square feet at $5.15 per square foot with a 32-day DOM. The 2-Bedroom tier also closed two deals at an average of $3,898 per month (median $3,898, P25–P75 range $3,874–$3,921) across 943 square feet at $4.13 per square foot with an 18-day DOM. All three tiers represent small samples of two to three transactions and should be treated as directional indicators rather than broad statistical benchmarks.

What measurable rent premium did suites with parking achieve in closed leases at 875 Queen East?

875 Queen East does not have a reliably isolable parking premium, as paired lease data is insufficient to separate bundled parking costs from suite rent. Active listings at the building also show unreliable or outlier parking figures, preventing a clean comparison between asking and realized parking values. Tenants should confirm whether parking is included in the quoted monthly rent or billed separately before signing a lease agreement.

How does the lease-to-listing ratio at 875 Queen East reflect current tenant demand?

875 Queen East rents trended upward from May through July 2026 before easing slightly in August, with the four-month average settling near $2,865 per month. May opened with one lease at $2,600 per month and a 6-day DOM. June saw two closings at $3,075 per month ($4.90 per square foot) with a 25-day DOM. July brought the highest volume at three deals averaging $2,982 per month ($4.20 per square foot) over 27 days on market. August closed one lease at $2,800 per month ($4.40 per square foot) with a 24-day DOM, a nominal dip that reflects the compact suite footprint rather than any property devaluation.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at 875 Queen East (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,990
Avg Suite Size650 sf
Avg Days on Market48d
Delisted $/SF$4.60

De-Listed Market Analysis & Questions

How many listings de-listed at 875 Queen East, and what was their re-listing price compared to previous asking?

875 Queen East logged one delisted unit in the tracking window, representing a 100% delisted-to-leased ratio against the single 30-day closing and a 14.3% ratio against the seven lifetime leases. The breakdown shows one terminated listing with zero expired or suspended entries. A single delisting is too thin to signal a systemic vacancy carry problem, but it does flag that at least one unit failed to convert to a signed lease within its marketing window.

How do asking prices on de-listed suites compare to executed leases and active listings at 875 Queen East?

875 Queen East's one delisted unit asked an average of $2,990 per month, which is $190 per month (6.8%) above the realized lease average of $2,800 per month. At $4.60 per square foot versus the $4.40 per square foot realized rate, the delisted listing was overpriced relative to what tenants actually paid in comparable suites. This spread indicates direct overpricing rather than a footprint-driven nominal difference, as the delisted unit carried a higher rate per square foot while also commanding a higher absolute rent.

What market friction causes rental listings to stall or de-list at 875 Queen East?

875 Queen East's delisted unit sat on market for an average of 48 days, compared to the 23-day lifetime realized lease DOM. That 25-day excess in marketing time translates to roughly 0.83 months of lost rent at the $2,990 asking rate, or approximately $2,481 in foregone revenue, plus ongoing condo maintenance fees during the unrented period. The extended DOM underscores that pricing above market-clearing levels directly extends vacancy carry and erodes net operating income.

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
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)
2026-04-30126006504.00N/A
2026-05-01126006504.001
2026-05-02126006504.002
2026-05-03126006504.003
2026-05-04126006504.004
2026-05-05126006504.005
2026-05-06130006504.62N/A
2026-05-07130006504.621
2026-05-08130006504.622
2026-05-09130006504.623
2026-05-10130006504.624
2026-05-11130006504.625
2026-05-12130006504.626
2026-05-13130006504.627
2026-05-14130006504.628
2026-05-15130006504.629
2026-05-16130006504.6210
2026-05-17130006504.6211
2026-05-18130006504.6212
2026-05-19130006504.6213
2026-05-20130006504.6214
2026-05-21227005255.318
2026-05-22227005255.319
2026-05-23227005255.3110
2026-05-24227005255.3111
2026-05-25227005255.3112
2026-05-26227005255.3113
2026-05-27227005255.3114
2026-05-28227005255.3115
2026-05-29227005255.3116
2026-05-30227005255.3117
2026-05-31227005255.3118
2026-06-01227005255.3119
2026-06-02227005255.3120
2026-06-03227005255.3121
2026-06-04227005255.3122
2026-06-05326675674.8715
2026-06-06326675674.8716
2026-06-07326675674.8717
2026-06-08326675674.8718
2026-06-09326675674.8719
2026-06-10326675674.8720
2026-06-11429996634.7116
2026-06-12429996634.7117
2026-06-13429996634.7118
2026-06-14429996634.7119
2026-06-15429996634.7120
2026-06-16429996634.7121
2026-06-17429996634.7122
2026-06-18429996634.7123
2026-06-19429996634.7124
2026-06-20429996634.7125
2026-06-21429996634.7126
2026-06-22429996634.7127
2026-06-23329986674.7421
2026-06-24329986674.7422
2026-06-25232988004.1017
2026-06-26227956504.3011
2026-06-27227956504.3012
2026-06-28227956504.3013
2026-06-29227956504.3014
2026-06-30227956504.3015
2026-07-01227956504.3016
2026-07-02227956504.3017
2026-07-03326976174.3812
2026-07-04326976174.3813
2026-07-05326976174.3814
2026-07-06326976174.3815
2026-07-07326976174.3816
2026-07-08227456004.579
2026-07-09227456004.5710
2026-07-10331627124.477
2026-07-11331627124.478
2026-07-12331627124.479
2026-07-13331627124.4710
2026-07-14331627124.4711
2026-07-15331627124.4712
2026-07-16331627124.4713
2026-07-17331627124.4714
2026-07-18331627124.4715
2026-07-19331627124.4716
2026-07-20331627124.4717
2026-07-21331627124.4718
2026-07-22331627124.4719
2026-07-23331627124.4720
2026-07-24331627124.4721
2026-07-25331627124.4722
2026-07-26331627124.4723
2026-07-27331627124.4724
2026-07-28331627124.4725
2026-07-29331627124.4726
2026-07-30227456004.5731
2026-07-31129906504.6035
2026-08-01129906504.6036
2026-08-02229206444.5419
2026-08-03229206444.5420
2026-08-04229206444.5421
2026-08-05229206444.5422
2026-08-06229206444.5423
2026-08-07229206444.5424
2026-08-08229206444.5425
2026-08-09229206444.5426
2026-08-10229206444.5427
2026-08-11229206444.5428
2026-08-12229206444.5429
2026-08-13128506374.4711
2026-08-14228756444.476
2026-08-15228756444.477
2026-08-16228756444.478
2026-08-17228756444.479
2026-08-18228756444.4710
2026-08-19328336624.297
2026-08-20328336624.298
2026-08-21328336624.299
2026-08-22328336624.2910
2026-08-23328336624.2911
2026-08-24328336624.2912
2026-08-25328336624.2913
2026-08-26228256754.2010
2026-08-27228256754.2011
2026-08-28228256754.2012
2026-08-29228256754.2013
2026-08-30228256754.2014
2026-08-31228256754.2015

12-Month Market Dynamics & Trend Trajectory

875 Queen East realized an average lease rent of $2,928 per month at $4.40 per square foot across 682 square feet, positioning the building 16.4% above the Toronto East submarket average of $2,516 per month and 10.1% above the submarket rate of $4.06 per square foot. This premium reflects the building's suite mix and location on Logan Avenue, though the 23-day lifetime DOM sits one day inside the submarket's 24-day benchmark, suggesting the price premium has not materially slowed absorption. On pricing discipline, 71.4% of the seven tracked leases closed below asking, with tenants capturing an average $64 per month (2.09%) discount that equates to $768 in annual savings per unit. The net negotiation spread of -$64 per month confirms a tenant-favorable environment where landlords consistently conceded on price to close deals. No leases closed at a premium above asking, indicating landlords at 875 Queen East lack the pricing leverage to hold sticker prices in this submarket.

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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)
2026-05-03126006504.006
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-21230756754.9025
2026-06-280N/AN/AN/AN/A
2026-07-05125006503.8533
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26232237434.3824
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23128006374.4024

Nearby Building Rental Comparables & Price Spreads

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

875 Queen East at 246 Logan Ave sits in a tightly clustered pocket of four nearby buildings within 300 metres, spanning completion eras from 2012 to 2023. The Logan Residences at 899 Queen St E (0.05 km, built in 2019) recorded three closed leases over the trailing 180 days, while Wonder at 150 Logan Ave (0.25 km, built in 2023) logged 14 closed leases and Showcase at 88 Colgate Ave (0.29 km, built in 2014) closed 11 lease transactions in the same window. Abode – 53 Colgate at 53 Colgate Ave (0.19 km, built in 2012) registered zero closed leases over the past 180 days and therefore serves only as an architectural and amenity reference rather than an active pricing benchmark. The active peer set thus spans a four-year construction gap between the 2014 Showcase and the 2023 Wonder, with 875 Queen East and The Logan Residences sharing the same 2019 delivery year. Across the four comparables, the blended benchmark averages $2,647 per month in realized rent, $4.42 per square foot, and 618 square feet of interior space. 875 Queen East's 122-suite inventory delivers an average leased footprint of 682 square feet at $4.40 per square foot and $2,928 per month, placing it above the comp set on total suite scale and nominal rent while sitting marginally below the blended per-square-foot rate. The building's age-driven value proposition rests on offering the largest interior footprints in this immediate pocket—exceeding Showcase by 154 square feet and Wonder by 39 square feet—while maintaining a competitive per-square-foot rate against the two most recently transacted peers.

899 Queen St E, Toronto

Avg Asking$2,688/mo
Avg $/SF$3.96
Rent Spread:
-$138/mo (-4.9%) Lower
Wonder245 m

150 Logan Ave, Toronto

Avg Asking$2,868/mo
Avg $/SF$4.62
Rent Spread:
+$43/mo (+1.5%) Higher

88 Colgate Ave, Toronto

Avg Asking$2,548/mo
Avg $/SF$5.00
Rent Spread:
-$277/mo (-9.8%) Lower

201 Carlaw Ave, Toronto

Avg Asking$2,090/mo
Avg $/SF$3.56
Rent Spread:
-$735/mo (-26.0%) Lower

233 Carlaw Ave, Toronto

Avg Asking$3,590/mo
Avg $/SF$4.74
Rent Spread:
+$765/mo (+27.1%) Higher

1003 Queen St E, Toronto

Avg Asking$2,374/mo
Avg $/SF$4.18
Rent Spread:
-$451/mo (-16.0%) Lower

Comparable Analysis & Questions

How do rental rates at 875 Queen East compare to neighbouring buildings within Toronto East?

875 Queen East's average realized lease rent of $2,928 per month exceeds the four-comparable blended benchmark of $2,647 by $281, positioning the subject at a premium over every active peer in this Logan Avenue corridor. The Logan Residences at 899 Queen St E (0.05 km, three closed leases) averaged $2,683 per month at $3.90 per square foot across 683 square feet, meaning the subject commands a $245-per-month higher rent. Wonder at 150 Logan Ave (0.25 km, 14 closed leases) realized $2,720 per month at $4.46 per square foot over 643 square feet, with the subject trading $208 higher per month. Showcase at 88 Colgate Ave (0.29 km, 11 closed leases) closed at $2,539 per month, $4.89 per square foot, and 528 square feet, placing the subject $389 above that benchmark. Abode – 53 Colgate at 53 Colgate Ave (0.19 km) recorded zero closed leases over the trailing 180 days and therefore carries no realized rent figure to benchmark against.

Does 875 Queen East offer a competitive price-per-square-foot ($/SF) against local comparables?

875 Queen East offers a 682-square-foot average suite at $4.40 per square foot, delivering the largest interior footprint among its active nearby alternatives while trading at a per-square-foot discount to both Wonder and Showcase. Against The Logan Residences (683 sq ft, $3.90 per square foot), the subject provides essentially identical square footage—just one square foot fewer—yet commands a $0.50 per square foot (12.8%) premium, reflecting a genuine rate advantage on a like-for-like footprint basis. Against Wonder (643 sq ft, $4.46 per square foot), the subject trades at a $0.06 per square foot (1.3%) discount while providing 39 more interior square feet, so the higher nominal rent of $208 per month is driven entirely by the larger interior footprint rather than a steeper per-unit rate. Against Showcase (528 sq ft, $4.89 per square foot), the subject trades at a $0.49 per square foot (10.0%) discount while delivering 154 more interior square feet, meaning the $389-per-month rent premium is a function of materially greater living space, not a higher valuation per unit of area.

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

875 Queen East provides a five-item lifestyle package—Concierge & Security, Party & Lounge Room, Meeting Room, Rooftop Terrace, and BBQ Area—that covers social and remote-work needs but omits the fitness and pet-focused facilities present at every active competitor. The Logan Residences adds a Gym & Fitness Centre, Dining Room & Kitchen, Garden & Courtyard, and Pet Wash Station; Wonder layers in a Gym & Fitness Centre, Business Centre, Kids' Play Room, Pet Wash Station, and Fire Pit; and Showcase contributes a Gym & Fitness Centre, Media & Theatre Room, Games & Billiards Room, Garden & Courtyard, and an Artist Exhibition Venue. The subject's Meeting Room is shared with The Logan Residences but absent from Wonder and Showcase, while its Rooftop Terrace and BBQ Area are common across all four buildings. Tenants who prioritize a compact, low-maintenance residential experience with a dedicated meeting space and outdoor entertaining over gym access, pet services, or children's programming will find 875 Queen East's streamlined package the best fit in this pocket, particularly professionals and couples who value interior square footage and a quiet, amenity-light building over a full-service lifestyle complex.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around 875 Queen East.

Building Amenities

  • Concierge & Security
  • Party & Lounge Room
  • Meeting Room
  • Rooftop Terrace
  • BBQ Area

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for 875 Queen East.

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.