Canada House - West Tower — Rental Market Data

Canada House - West Tower features 6 active listings as of August 31, 2026, spanning a price range of $2,300 to $3,600 per month with an average asking rent of $2,958 per month and a median asking rent of $2,950 per month. Active inventory averages 610 square feet with an asking rate of $4.94 per square foot. Equal 50% shares are claimed by 1-Bedroom and 2-Bedroom suites, dividing available inventory evenly between entry-level and multi-bedroom layouts.

1-Bedroom suites represent the dominant active layout at Canada House - West Tower, accounting for 3 listings and a 50% inventory share. 1-Bedroom units average $2,517 per month across an average of 500 square feet at $5.10 per square foot. 2-Bedroom suites make up the remaining 3 listings with a 50% share, averaging $3,400 per month across an average of 720 square feet at $4.78 per square foot.

Canada House - West Tower records a minimum entry rent of $2,300 per month and a peak asking rent of $3,600 per month, creating a dollar spread of $1,300 or a 56.5% spread. Median asking rent stands at $2,950 per month. The entry-level suite is a 1-Bedroom configuration spanning 400 square feet listed at $5.75 per square foot, contrasted against the peak suite which is a 2-Bedroom layout spanning 692 square feet listed at $5.20 per square foot.

Active den premium data for Canada House - West Tower is unquantified as active den square footage deltas and dollar amounts are not present in the current dataset. Verified parking stalls are available at an active monthly premium of $300 per month.

Canada House - West Tower asks an average rent of $2,958 per month at $4.94 per square foot, comparing to the CityPlace / Fort York submarket asking benchmark of $3,101 per month at $4.58 per square foot. The lower nominal asking rent is driven by more compact suite footprints rather than cheaper unit pricing, positioning the building at 7.9% higher per square foot than the submarket asking benchmark while representing 4.1% of submarket active inventory.

Canada House - West Tower achieves an average lease rent of $3,453 per month, comparing against the overall comp average of $3,186 per month across benchmark properties including Canada House - East Tower, Optima at Cityplace, Harbour View Estates I - Tower, and Harbour View Estates I - Lofts. Canada House - East Tower (1 Concord Cityplace Way) reports an average lease rent of $3,116 per month at $4.91 per square foot across an average square footage of 653. Optima at Cityplace (81 Navy Wharf Crt) logs an average lease rent of $4,047 per month at $5.57 per square foot across an average of 890 square feet. Harbour View Estates I - Tower (10 Navy Wharf Crt) shows an average lease rent of $2,982 per month at $4.31 per square foot across 715 square feet. Harbour View Estates I - Lofts (9 Spadina Ave) records an average lease rent of $2,600 per month at $4.14 per square foot across 629 square feet.

Canada House - West Tower establishes its value proposition by delivering a realized lease rate of $4.78 per square foot across an average size of 716 square feet, trading competitively against the broader submarket benchmark. Renters evaluating the building versus older alternatives weigh specific trade-offs between modern layout efficiency, contemporary finishes, and lower long-term maintenance burdens against larger legacy footprints. For instance, comparing against Optima at Cityplace, which averages 890 square feet at $5.57 per square foot, the subject property provides a more compact, highly optimized footprint. Conversely, compared with Harbour View Estates I - Tower at 715 square feet and $4.31 per square foot, the subject building commands a higher rate per square foot justified by its 2025 completion date and contemporary construction standards.

Canada House - West Tower delivers an extensive, resort-style amenity package that positions it at the top tier of the local rental market compared to legacy surrounding buildings. The property features 5 signature amenities including an indoor pool, a dedicated yoga studio, a specialized spin studio, a pet wash station, and an outdoor skating rink, contrasting sharply against the more limited communal spaces found in mid-2000s peers like Optima at Cityplace, which relies on a standard indoor pool and rooftop terrace without specialized fitness studios or pet facilities. While older mega-complexes like Harbour View Estates offer extensive athletic facilities including bowling and squash courts, the subject building counters with modern wellness spaces like a cold plunge pool, wine tasting room, and a comprehensive business centre. This lifestyle profile best serves young professionals, pet owners, and wellness-focused renters seeking contemporary recreational infrastructure directly on-site.