Canary Commons — Rental Market Data

Canary Commons features 4 active listings as of August 31, 2026, with asking rents spanning from $3,200 to $3,800 per month, an average rent of $3,538 per month, and a median monthly rent of $3,575 per month. These active properties average 850 square feet with a mean asking rate of $4.17 per square foot. Multi-bedroom layouts dominate the available inventory, as the building's active listings concentrate entirely on larger multi-room configurations rather than compact entry-level suites.

The dominant active layout at Canary Commons is the 2-Bedroom + Den, accounting for 3 listings and a 75% inventory share. This tier averages $3,450 per month across an average of 817 square feet at $4.23 per square foot. The remaining inventory consists of a single 3-Bedroom+ suite representing a 25% share, listed at $3,800 per month across 950 square feet at $4.00 per square foot.

Canary Commons has a minimum entry rent of $3,200 per month and a peak asking rent of $3,800 per month, creating a dollar spread of $600 or an 18.8% pricing spread. The median asking rent sits at $3,575 per month. The entry-level option consists of a 2-Bedroom + Den layout spanning 750 square feet listed at $4.27 per square foot, while the peak suite is a 3-Bedroom+ configuration encompassing 950 square feet at $4.00 per square foot.

Canary Commons has insufficient active data to isolate den premiums or square footage deltas for alternative floor plans. Active parking premiums cannot be reliably isolated due to an insufficient paired sample, meaning parking stall costs cannot be definitively established from current listings.

Canary Commons asks an average of $3,538 per month at $4.17 per square foot, compared to the broader East Bayfront submarket asking benchmark of $3,234 per month at $4.65 per square foot. The higher nominal rent at the building is driven by larger average suite sizes rather than inflated unit pricing, with the building's asking rate sitting 10.3% below the submarket asking benchmark across its 4 active listings.

Canary Commons achieves an all-time average lease rent of $2,802 per month, comparing against an overall micro-market comp average of $2,384 per month across benchmark properties including Canary House, Maple House at Canary Landing, Canary Block, and Canary District. Canary House (425 Front St E) reports an average lease rent of $2,419 per month at $4.29 per square foot across an average of 582 square feet. Maple House at Canary Landing (131-181 Mill Street) records an average lease rent of $2,526 per month at $3.37 per square foot across an average of 750 square feet. Canary Block (60 Tannery Rd) registers an average lease rent of $2,361 per month at $3.68 per square foot across an average of 644 square feet. Canary District (455 Front St E) posts an average lease rent of $2,229 per month at $4.15 per square foot across an average of 545 square feet.

Canary Commons establishes its value proposition by offering an all-time average leased rate of $4.17 per square foot across a generous average suite size of 690 square feet, undercutting the submarket asking benchmark of $4.65 per square foot by 10.3%. Renters at Canary Commons secure more interior square footage compared to older or more compact footprints in the immediate node, trading slightly older delivery years for significantly larger living spaces without paying a penalty on rate per square foot. Specifically, Canary Commons provides more interior square footage than Canary District (545 square feet at $4.15 per square foot), Canary Block (644 square feet at $3.68 per square foot), Maple House at Canary Landing (750 square feet at $3.37 per square foot), and Canary House (582 square feet at $4.29 per square foot). While Canary House extracts a higher rate of $4.29 per square foot for smaller spaces, Canary Commons delivers a more balanced ratio of total square footage to monthly lease commitments.

Canary Commons delivers a comprehensive lifestyle and amenity profile that matches or exceeds the offerings of surrounding master-planned competitors in the East Bayfront micro-market. The subject building features signature amenities including a dedicated Pet Wash Station, a robust Business Centre, an indoor Kids' Play Room, a Media & Theatre Room, and a sprawling Rooftop Terrace. When benchmarked against nearby properties, Canary Commons matches specialized offerings like the Pet Wash Station found at Canary Block, Maple House at Canary Landing, and Canary House, while outfitting residents with an extensive indoor children's play area that mirrors Maple House and Canary House. While older phases like Canary District rely on foundational spaces like a Sauna & Steam Room and Games Room without contemporary business or pet facilities, Canary Commons bridges the gap by offering professional workspaces and social zones. This amenity mix specifically serves young professionals, growing families, and pet owners seeking master-planned convenience without sacrificing building-level recreational infrastructure.