75 On the Esplanade — Rental Market Data

75 On the Esplanade has one active listing as of August 31, 2026, with an asking rent of $2,450 per month (both average and median), a single-unit price range of $2,450 to $2,450, and an average asking rate of $4.95 per square foot across 495 square feet. The sole listing is a 1-Bedroom + Den representing 100 percent of current active inventory, placing the building's available stock squarely in the compact entry-plus tier rather than multi-bedroom executive layouts. With only one unit on the market against a 308-suite total, availability is effectively at floor level, and any renter targeting this address must move quickly or expand their search to the wider St. Lawrence submarket.

The dominant and only active layout at 75 On the Esplanade is the 1-Bedroom + Den, with one listing representing 100 percent of current inventory at an average asking rent of $2,450 per month across 495 square feet and a rate of $4.95 per square foot. No other bedroom tiers—whether studio, standard 1-bedroom, 2-bedroom, or 3-bedroom—are currently available in the building. Renters seeking alternative layouts must look outside this property to the 116 active listings across the St. Lawrence submarket.

75 On the Esplanade carries a single active listing at $2,450 per month, making the minimum entry rent, peak asking rent, and median asking rent all identical at $2,450 with a dollar spread of zero and a percentage spread of 0 percent. The entry-level and peak suite are the same unit: a 1-Bedroom + Den measuring 495 square feet at $4.95 per square foot. Because only one unit is listed, there is no internal price gradient to compare, and renters evaluating value should benchmark this figure against the St. Lawrence submarket average asking rent of $2,934 per month and the building's own historical lease average of $2,813 per month.

75 On the Esplanade does not have a quantifiable active den premium, as the sole listing is already a 1-Bedroom + Den configuration with no paired standard 1-bedroom listing to isolate the marginal cost of the den space. Active parking premiums also cannot be reliably isolated from the current data due to an insufficient paired sample, so no specific parking stall cost can be quoted for the active listing. For reference, verified historical lease data shows a parking premium of $243 per month, but this figure applies to closed transactions rather than the current active unit.

The active asking rent at 75 On the Esplanade of $2,450 per month sits below the St. Lawrence submarket average asking rent of $2,934 per month, while the building's asking rate of $4.95 per square foot runs 9.8 percent above the submarket asking benchmark of $4.51 per square foot. The nominal rent gap is explained entirely by suite size: the active unit at 495 square feet is significantly more compact than the submarket's typical offering, which pushes the per-square-foot rate higher even as the total monthly figure appears lower. The building's one active listing represents 1 out of 116 available units in the St. Lawrence submarket, or roughly 0.9 percent of total submarket inventory.

75 On the Esplanade's all-time average realized rent of $2,813 per month sits $67 above the four-comparable benchmark of $2,746, driven primarily by its premium per-square-foot rate rather than suite size. London on the Esplanade – East at 38 The Esplanade (0.11 km, 4 closed leases) averaged $3,081 per month at $4.13 per square foot across 750-square-foot suites, meaning the subject trades at a $268-per-month lower nominal rent. The Berczy at 55 Front St E (0.11 km, 4 closed leases) averaged $2,885 per month at $4.17 per square foot over 701 square feet, placing the subject $72 below that figure. Market Galleria at 71 Front St E (0.13 km, 1 closed lease) averaged $2,195 per month at $3.99 per square foot across 550 square feet, so the subject commands a $618-per-month higher rent. London on the Esplanade – West at 1 Scott St (0.14 km, 13 closed leases) averaged $2,823 per month at $4.37 per square foot over 663 square feet, with the subject just $10 lower. All four competitors recorded closed lease transactions in the trailing 180 days, so every figure above reflects realized pricing rather than asking-only data.

75 On the Esplanade leases at $4.78 per square foot on 613-square-foot average suites, a rate that exceeds every active nearby competitor and the $4.17-per-square-foot comp benchmark, while delivering fewer interior square feet than three of the four peers. Against London on the Esplanade – East, the subject trades at a $0.65-per-square-foot (15.7%) premium yet provides 137 fewer interior square feet, so the lower nominal rent ($268 less per month) is entirely a function of the smaller footprint rather than a weaker asset valuation. The Berczy shows the same pattern: the subject commands a $0.61-per-square-foot (14.6%) premium while offering 88 fewer square feet, keeping the monthly rent $72 below The Berczy's average. London on the Esplanade – West mirrors this trade-off with a $0.41-per-square-foot (9.4%) subject premium and 50 fewer square feet, resulting in a near-parity monthly rent just $10 lower. Market Galleria is the outlier: the subject trades at a $0.79-per-square-foot (19.8%) premium AND provides 63 more interior square feet, which is why the nominal rent runs $618 higher than this 1987-era building. In every active comparison, the subject's higher per-square-foot rate is the consistent signal; the monthly rent variance is a footprint effect, not a discount on asset quality.

75 On the Esplanade fields a 13-item amenity suite that overlaps heavily with its 2009-to-2013 peers but differentiates on dining and outdoor-living features absent from the surrounding towers. The subject's Dining Room & Kitchen and Outdoor Fireplace are not offered at London on the Esplanade – East, London on the Esplanade – West, or Market Galleria, while The Berczy shares the dining component but lacks the outdoor fireplace. Conversely, all three London and Berczy towers include Hot Tub & Jacuzzi and Sauna & Steam Room facilities that the subject does not carry, and the two London buildings add a Library & Reading Room and a London Style-pub that have no equivalent at 75 On the Esplanade. The subject's Outdoor Pool, Gym & Fitness Centre, Yoga Studio, Rooftop Terrace, Garden & Courtyard, and BBQ Area are common across the peer set, so the true lifestyle differentiators are the dedicated dining kitchen and the outdoor fireplace for seasonal al fresco use. This package best serves young professionals and small households in the St. Lawrence pocket who prioritize a full-service concierge building with social dining and outdoor gathering space over spa-and-sauna wellness amenities, and who value a 2022-built interior over the 15-to-39-year-old stock surrounding them.