Pure Spirit at The Distillery — Rental Market Data

Pure Spirit at The Distillery carries two active listings as of August 31, 2026, with asking rents ranging from $2,400 to $3,450 per month and an average and median rent of $2,925. The average suite size across both listings is 650 square feet at an asking rate of $4.48 per square foot. Inventory is evenly split between one-bedroom and two-bedroom layouts at 50 percent each, placing the current availability squarely in the entry-level to mid-range segment rather than skewing toward multi-bedroom executive suites.

The dominant active layout at Pure Spirit at The Distillery is the one-bedroom tier, which holds one listing and accounts for 50 percent of current inventory. The one-bedroom suite asks $2,400 per month across 550 square feet at $4.36 per square foot, while the two-bedroom tier also holds one listing at 50 percent share, asking $3,450 per month across 750 square feet at $4.60 per square foot. Both tiers represent single-listing samples, so each bedroom category offers exactly one available option to prospective renters.

Pure Spirit at The Distillery shows an active asking spread of $1,050 per month, or 43.8 percent, between its minimum entry rent of $2,400 and peak asking rent of $3,450. The median asking rent sits at $2,925 per month, anchoring the midpoint of the range. The entry-level one-bedroom suite spans 550 square feet at $4.36 per square foot, while the peak two-bedroom offering covers 750 square feet at $4.60 per square foot, reflecting a 200-square-foot size premium that accounts for the bulk of the dollar gap.

Pure Spirit at The Distillery does not currently have quantified den premium data, as no active listings include a den configuration to isolate marginal cost per square foot. Parking premium data from active listings cannot be reliably isolated due to an insufficient paired sample, so no current parking add-on figure can be quoted with confidence. Historical lease records do establish a verified parking stall cost of $133 per month, which serves as a reasonable reference point for budgeting purposes.

Pure Spirit at The Distillery asks an average of $2,925 per month at $4.48 per square foot, compared to the East Bayfront submarket asking benchmark of $3,234 per month and $4.65 per square foot. The building's 3.7 percent discount on a per-square-foot basis means renters gain a more competitive rate for equivalent space, and the lower nominal monthly outlay is consistent with this pricing advantage rather than being driven by smaller suite sizing. The tower's two active listings represent roughly 2.9 percent of the submarket's 70 total active listings, a modest but meaningful share of East Bayfront availability.

Pure Spirit at The Distillery leases at an average of $2,729 per month, which is $260 below the four-comp average of $2,989 and undercuts the submarket lease benchmark of $2,842. Parliament Square at 39 Parliament Street reports an average closed lease rent of $2,899 at $3.64 per square foot across 796 square feet. The Goode at 35 Parliament St commands $2,444 per month at $4.11 per square foot over 590 square feet. St. Lawrence Cooperative at 70 Mill St leases at $4,000 per month, $3.64 per square foot, and 1,100 square feet. Trinity Lofts at 90 Trinity St reports $2,613 per month at $4.44 per square foot across 590 square feet.

Pure Spirit at The Distillery leases at 4.04 per square foot across an average of 661 square feet, trading at a slight discount to The Goode's $4.11 per square foot and a meaningful discount to Trinity Lofts' $4.44 per square foot, while commanding a premium over Parliament Square and St. Lawrence Cooperative at $3.64 per square foot. Against The Goode, tenants gain 71 additional square feet of interior space for a rate $0.07 per square foot lower, making the subject the more spacious and cost-efficient choice per unit of area. Compared to Trinity Lofts, the subject again provides 71 more square feet at a rate $0.40 per square foot below the competitor. However, against Parliament Square and St. Lawrence Cooperative, the subject offers 135 and 439 fewer square feet respectively while charging a $0.40 per square foot premium, meaning renters accept a tighter footprint in exchange for a more modern amenity package and a 2009-built structure over the 2000 and 1998 stock.

Pure Spirit at The Distillery delivers a resort-style wellness and social amenity profile that distinguishes it from three of its four nearest competitors. The subject's outdoor pool, hot tub and jacuzzi, sauna and steam room, dedicated yoga studio, and media and theatre room are all absent from Parliament Square, St. Lawrence Cooperative, and Trinity Lofts, which offer only basic concierge, gym, party room, and rooftop terrace combinations. The Goode at 35 Parliament St does match the subject on outdoor pool, yoga studio, and games room but differentiates with a pet wash station, coffee bar, business centre, and library that Pure Spirit does not provide. Conversely, the subject's hot tub and jacuzzi, sauna and steam room, and dedicated media and theatre room have no equivalent at The Goode. This amenity mix best serves active professionals and young couples in their late twenties to mid-thirties who prioritize on-site wellness, social entertaining, and a turnkey lifestyle package within a walkable East Bayfront neighbourhood.