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Market Data as of August 31, 2026

Artsy - Artworks West Tower — Rental Market Data

35 Tubman Ave, Toronto, Ontario M5A 0T1
Quick Rent Estimate
Active Suites4 Available
Type
Units
Avg Rent
2-Bedroom
3
$2,900
1-Bedroom
1
$2,150

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2023
Total Suites116
DeveloperDaniels Corporation

Artsy - Artworks West Tower is a 116-suite established residential building located at 35 Tubman Ave in Toronto's Downtown East submarket, developed by Daniels Corporation and completed in 2023. The property maintains 4 active listings resulting in an availability rate of 3.4 percent, alongside a recent leasing pace characterized by 6 closed leases over the past 90 days averaging 27 days on the market, alongside 4 closed leases over the past 30 days averaging 22 days on the market.

Current active listings ask an average rent of $2,713 per month at an average rate of $3.83 per square foot, tracking below realized 90-day leases which averaged $2,692 per month at $4.39 per square foot. Active listings average 710 square feet compared to a historical all-time leased average of 652 square feet, reflecting a larger average footprint for current inventory rather than a shift in layout proportions. The building's active asking rate per square foot sits 12.2 percent below the submarket asking benchmark of $4.36 per square foot.

Closed listings averaged 29 days on the market historically, matching the 26 days recorded for unrented units that ultimately delisted after asking an average of $3,000 per month. Approximately 23.1 percent of recent leases closed below asking price, yielding a tenant-favorable negotiation discount of 1.5 percent or $38 per month in savings. Prospective tenants will find that 2-bedroom suites offer deep selection representing 75 percent of current inventory, while 1-bedroom layouts feature scarce availability with only 1 active listing on the market.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Artsy - Artworks West Tower as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units4
+1 (33.3%)
Avg Asking Rent$2,713
-$88 (3.1%)
Avg Suite Size710 sf
+76 sf (12.1%)
Avg Days on Market27d
+1d (4.6%)
Avg Asking $/SF$3.83
-$0.87 (18.6%)

Active Market Insights & Questions

How has rental availability changed at Artsy - Artworks West Tower recently?

Artsy - Artworks West Tower currently features 4 active listings as of August 31, 2026, spanning a price range of $2,150 to $3,000 per month with an average asking rent of $2,713 per month and a median asking rent of $2,850 per month. Active suites average 710 square feet with an asking rate of $3.83 per square foot. Two-bedroom configurations dominate the active inventory with a 75 percent share, indicating that current availability leans toward multi-bedroom layouts rather than compact entry-level suites.

What floor plans and unit layouts are currently available at Artsy - Artworks West Tower?

The dominant active layout at Artsy - Artworks West Tower is the 2-bedroom tier, representing 3 active listings and a 75 percent inventory share. Two-bedroom suites average $2,900 per month across an average of 763 square feet at $3.80 per square foot. The 1-bedroom tier accounts for 1 active listing, representing a 25 percent share with an average rent of $2,150 per month across 550 square feet at $3.91 per square foot.

What is the average asking rent and $/SF by suite size at Artsy - Artworks West Tower?

Artsy - Artworks West Tower displays a minimum entry rent of $2,150 per month and a peak asking rent of $3,000 per month, creating a dollar spread of $850 per month and a percentage spread of 39.5 percent. The median asking rent sits at $2,850 per month. The entry-level suite consists of a 1-bedroom layout spanning 550 square feet priced at $3.91 per square foot, while the peak suite is a larger 2-bedroom layout spanning 751 square feet priced at $3.99 per square foot.

How much extra do parking spaces and dens cost at Artsy - Artworks West Tower?

Artsy - Artworks West Tower does not currently list active den configurations with quantifiable square footage deltas or den premiums. Active parking premium data cannot be reliably isolated due to an insufficient sample, and no extreme parking fees or luxury positioning are assumed. Historical leases indicate a verified parking fee of $192 per month.

How do asking rents at Artsy - Artworks West Tower compare to local and municipal benchmarks?

Artsy - Artworks West Tower asks an average rent of $2,713 per month at $3.83 per square foot, comparing to the Downtown East submarket asking benchmark of $2,636 per month at $4.36 per square foot. The higher nominal monthly rent is driven by larger suite sizing rather than elevated unit pricing. The building's asking rate per square foot tracks 12.2 percent below the submarket asking benchmark, backed by 4 active listings representing 2.1 percent of submarket 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 Artsy - Artworks West Tower (Data period: For the month of August 2026).

Units Leased4
Avg Leased Price$2,738
Avg Leased Size652 sf
Avg Days to Lease22d
Leased $/SF$4.74

Leased Transaction Insights & Questions

How many suites were leased at Artsy - Artworks West Tower last month, and how fast did they rent?

At Artsy - Artworks West Tower, the 30-day average days on market was 22 days, the 90-day average was 27 days, and the Downtown East submarket benchmark averaged 24 days. Closed lease counts registered 4 deals over the past 30 days, 6 deals over the past 90 days, and a lifetime total of 13 closed leases. Leasing turnover accelerated notably over the summer months compared to earlier periods.

What is the negotiation spread between asking rents and closed lease prices at Artsy - Artworks West Tower?

At Artsy - Artworks West Tower, leases closed with an average tenant discount of $38 per month, representing a 1.5% variance below asking price and delivering $456 in annual tenant savings. Exactly 23.1% of leases closed under asking, reflecting a tenant-favorable leasing environment where prospective renters successfully captured landlord concessions.

What are typical executed lease prices across different layouts at Artsy - Artworks West Tower?

The two highest-volume anchor layouts at Artsy - Artworks West Tower are the 2-Bedroom and 1-Bedroom + Den tiers. The 2-Bedroom layout recorded 5 closed leases with an average monthly rent of $2,870 per month, a median of $2,850 per month, a P25-P75 range of $2,800 to $3,000 per month, an average size of 756 square feet, $3.80 per square foot, and 25 days on market, forming a statistically robust benchmark. The 1-Bedroom + Den layout recorded 4 closed leases with an average monthly rent of $2,363 per month, a median of $2,375 per month, a P25-P75 range of $2,312 to $2,425 per month, an average size of 563 square feet, $4.38 per square foot, and 30 days on market, serving as a limited sample size directional reference. The 1-Bedroom tier recorded 3 closed leases with an average monthly rent of $2,077 per month, a median of $2,100 per month, a P25-P75 range of $2,040 to $2,125 per month, an average size of 500 square feet, $4.26 per square foot, and 38 days on market, representing a small sample size directional reference. The 3-Bedroom+ tier recorded 1 closed lease with an average monthly rent of $3,400 per month, a median of $3,400 per month, a P25-P75 range of $3,400 to $3,400 per month, an average size of 950 square feet, $3.58 per square foot, and 18 days on market, representing an individual single transaction rather than a broad statistical benchmark (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Artsy - Artworks West Tower?

At Artsy - Artworks West Tower, realized leased parking carried a verified premium of $192 per month. Parking stalls were typically bundled directly into larger suite tiers such as 2-bedroom floor plans. Active asking parking rates could not be reliably isolated due to insufficient paired samples.

How does the lease-to-listing ratio at Artsy - Artworks West Tower reflect current tenant demand?

Overall rent trajectory at Artsy - Artworks West Tower demonstrated steady recovery through the spring and summer leasing window. In April 2026, 4 closed deals averaged $2,613 per month at $3.71 per square foot with 25 days on market. In May 2026, 2 closed deals averaged $2,165 per month at $3.94 per square foot with 29 days on market. In June 2026, 2 closed deals averaged $2,750 per month at $3.92 per square foot with 49 days on market. In July 2026, 1 closed deal recorded $2,200 per month at $3.38 per square foot with 35 days on market. In August 2026, 4 closed deals rebounded to average $2,738 per month at $4.74 per square foot with 22 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Artsy - Artworks West Tower (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$3,000
Avg Suite Size750 sf
Avg Days on Market26d
Delisted $/SF$4.00

De-Listed Market Analysis & Questions

How many listings de-listed at Artsy - Artworks West Tower, and what was their re-listing price compared to previous asking?

At Artsy - Artworks West Tower, exactly 1 unit was delisted, representing a delisted-to-lifetime-leased ratio of 7.7% and a delisted-to-30-day-leased ratio of 25%. This total comprised 1 terminated listing, with zero expired or suspended listings. This indicates a healthy market ratio where roughly 1 listing was pulled for every 13 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Artsy - Artworks West Tower?

At Artsy - Artworks West Tower, delisted units recorded an average asking rent of $3,000 per month, sitting $262 per month above realized lease averages of $2,738 per month. Unrented units were overpriced relative to realized leases, reflecting clear pushback on price from prospective tenants.

What market friction causes rental listings to stall or de-list at Artsy - Artworks West Tower?

Delisted units at Artsy - Artworks West Tower averaged 26 days on market compared to 22 days for realized leases. This 4-day marketing delay translates into minor vacancy carry, representing a fraction of a month of lost rental income plus ongoing monthly condo maintenance fees absorbed by landlords attempting above-market pricing.

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
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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)
2026-04-27624876503.8422
2026-04-28525646703.8420
2026-04-29525866903.7818
2026-04-30525866903.7819
2026-05-01525866903.7820
2026-05-02525866903.7821
2026-05-03525866903.7822
2026-05-04525866903.7823
2026-05-05525866903.7824
2026-05-06328677833.6723
2026-05-07328677833.6724
2026-05-08328677833.6725
2026-05-09328677833.6726
2026-05-10328677833.6727
2026-05-11328677833.6728
2026-05-12328677833.6729
2026-05-13328677833.6730
2026-05-14328677833.6731
2026-05-15429007753.7624
2026-05-16429007753.7625
2026-05-17429007753.7626
2026-05-18429007753.7627
2026-05-19429007753.7628
2026-05-20429007753.7629
2026-05-21429007753.7630
2026-05-22429007753.7631
2026-05-23429007753.7632
2026-05-24429007753.7633
2026-05-25429007753.7634
2026-05-26429007753.7635
2026-05-27429007753.7636
2026-05-28429007753.7637
2026-05-29429007753.7638
2026-05-30429007753.7639
2026-05-31429007753.7640
2026-06-01330338173.7336
2026-06-02330338173.7337
2026-06-03330338173.7338
2026-06-04330338173.7339
2026-06-05130007504.0021
2026-06-06130007504.0022
2026-06-07130007504.0023
2026-06-08130007504.0024
2026-06-09130007504.0025
2026-06-10226257003.7313
2026-06-11226257003.7314
2026-06-12226257003.7315
2026-06-13226257003.7316
2026-06-14226257003.7317
2026-06-15226257003.7318
2026-06-16327837173.8613
2026-06-17327837173.8614
2026-06-18327837173.8615
2026-06-19327837173.8616
2026-06-20327837173.8617
2026-06-21327837173.8618
2026-06-22327837173.8619
2026-06-23327837173.8620
2026-06-24327837173.8621
2026-06-25327837173.8622
2026-06-26226757003.8013
2026-06-27226757003.8014
2026-06-28226757003.8015
2026-06-29226757003.8016
2026-06-30226757003.8017
2026-07-01226757003.8018
2026-07-02226757003.8019
2026-07-03326176004.6113
2026-07-04426886384.4311
2026-07-05426886384.4312
2026-07-06426886384.4313
2026-07-07426886384.4314
2026-07-08426886384.4315
2026-07-09325506004.5313
2026-07-10426636384.3911
2026-07-11426636384.3912
2026-07-12426636384.3913
2026-07-13426636384.3914
2026-07-14426636384.3915
2026-07-15328006334.719
2026-07-16328006334.7110
2026-07-17328006334.7111
2026-07-18328006334.7112
2026-07-19328006334.7113
2026-07-20328006334.7114
2026-07-21328006334.7115
2026-07-22328006334.7116
2026-07-23328006334.7117
2026-07-24328006334.7118
2026-07-25328006334.7119
2026-07-26328006334.7120
2026-07-27328006334.7121
2026-07-28328006334.7122
2026-07-29328006334.7123
2026-07-30328006334.7124
2026-07-31328006334.7125
2026-08-01328006334.7126
2026-08-02328006334.7127
2026-08-03429507134.4221
2026-08-04429507134.4222
2026-08-05627256334.6011
2026-08-06627256334.6012
2026-08-07627256334.6013
2026-08-08527706804.2710
2026-08-09527706804.2711
2026-08-10527706804.2712
2026-08-11527706804.2713
2026-08-12627756984.1512
2026-08-13627756984.1513
2026-08-14627756984.1514
2026-08-15627756984.1515
2026-08-16627756984.1516
2026-08-17627756984.1517
2026-08-18627756984.1518
2026-08-19627756984.1519
2026-08-20627756984.1520
2026-08-21427137103.8322
2026-08-22326176963.7825
2026-08-23326176963.7826
2026-08-24326176963.7827
2026-08-25326176963.7828
2026-08-26326176963.7829
2026-08-27326176963.7830
2026-08-28427137103.8324
2026-08-29427137103.8325
2026-08-30427137103.8326
2026-08-31427137103.8327

12-Month Market Dynamics & Trend Trajectory

Artsy - Artworks West Tower has established a solid leasing history across 13 lifetime closed transactions, achieving an overall average rent of $2,572 per month at $4.07 per square foot. Average suite sizes across the building span 652 square feet, with a lifetime average days on market of 29 days reflecting steady tenant absorption velocity. Pricing discipline within the building tilted in favor of tenants, with 23.1% of leases closing below asking price. Transactions settled with an average net negotiation discount of 1.50%, or $38 per month, yielding $456 in annual tenant savings and confirming that landlords frequently offered pricing concessions to secure occupancy.

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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)
2026-05-03221655503.9429
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-31125006503.8556
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-21130007504.0042
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-12122006503.3835
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-02121504005.3836
2026-08-090N/AN/AN/AN/A
2026-08-16329337004.5317

Nearby Building Rental Comparables & Price Spreads

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

Artsy - Artworks West Tower at 35 Tubman Ave anchors a highly competitive cluster of transit-oriented modern developments in Downtown East, completed in 2023 with 116 total suites. Direct neighborhood peers include DuEast Boutique - East at 34 Tubman Ave (0.03 km away, completed in 2021, 7 active listings), The Wyatt at 20 Tubman Ave (0.07 km away, completed in 2019, 17 active listings), Artworks - East Tower at 130 River St (0.07 km away, completed in 2023, 30 active listings), and DuEast Condominiums - Regent Park at 225 Sumach St (0.11 km away, completed in 2021, 27 active listings). These properties represent a generational shift from older mid-century rental stock toward master-planned, high-amenity vertical communities. Across this immediate micro-market, the overall competitive set averages $2,366 per month at $3.95 per square foot across an average suite size of 610 square feet. Positioned at the upper tier of contemporary build quality, Artsy - Artworks West Tower commands a robust leasing footprint with a 1-year average lease rent of $2,572 per month at $4.07 per square foot across an average size of 652 square feet. The building trades at slight premiums on a rate per square foot basis compared to its immediate neighbors—such as a $0.16 per square foot premium over DuEast Boutique - East and a $0.07 per square foot premium over Artworks - East Tower—while consistently offering slightly more expansive interior square footages than the older 2019 and 2021 completions in the immediate vicinity.

34 Tubman Ave, Toronto

Avg Asking$2,432/mo
Avg $/SF$3.87
Rent Spread:
-$280/mo (-10.3%) Lower

130 River St, Toronto

Avg Asking$2,484/mo
Avg $/SF$4.09
Rent Spread:
-$229/mo (-8.4%) Lower

20 Tubman Ave, Toronto

Avg Asking$2,407/mo
Avg $/SF$3.98
Rent Spread:
-$306/mo (-11.3%) Lower

225 Sumach St, Toronto

Avg Asking$2,218/mo
Avg $/SF$3.92
Rent Spread:
-$495/mo (-18.2%) Lower

736 Dundas St E, Toronto

Avg Asking$3,125/mo
Avg $/SF$4.42
Rent Spread:
+$413/mo (+15.2%) Higher

170 Sumach St, Toronto

Avg Asking$2,133/mo
Avg $/SF$4.22
Rent Spread:
-$579/mo (-21.4%) Lower

Comparable Analysis & Questions

How do rental rates at Artsy - Artworks West Tower compare to neighbouring buildings within Downtown East?

Artsy - Artworks West Tower achieves an average 1-year lease rent of $2,572 per month, trading above the overall micro-market average of $2,366 per month established across key local benchmarks including DuEast Boutique - East, The Wyatt, Artworks - East Tower, and DuEast Condominiums - Regent Park. DuEast Boutique - East (34 Tubman Ave) reports an average lease rent of $2,336 per month at $3.91 per square foot across an average of 600 square feet. The Wyatt (20 Tubman Ave) logs an average lease rent of $2,362 per month at $3.96 per square foot across an average of 601 square feet. Artworks - East Tower (130 River St) registers an average lease rent of $2,534 per month at $4.00 per square foot across an average of 647 square feet. DuEast Condominiums - Regent Park (225 Sumach St) records an average lease rent of $2,233 per month at $3.93 per square foot across an average of 591 square feet.

Does Artsy - Artworks West Tower offer a competitive price-per-square-foot ($/SF) against local comparables?

Artsy - Artworks West Tower establishes its value proposition through a 1-year average leased rate of $4.07 per square foot and an average suite size of 652 square feet, positioning itself competitively against the overall submarket average lease rent of $2,429 per month and average lease rate of $4.23 per square foot. Renters evaluating Artsy - Artworks West Tower against older neighborhood alternatives trade a modest premium in monthly rent for larger average floor plans, superior layout efficiency, and brand-new 2023 construction finishes. For instance, while DuEast Boutique - East offers smaller 600-square-foot footprints at $3.91 per square foot, Artsy - Artworks West Tower provides 52 more interior square feet at $4.07 per square foot. Similarly, compared to The Wyatt's 601-square-foot average at $3.96 per square foot, Artsy - Artworks West Tower delivers 51 more square feet, giving tenants modern thermal efficiency and contemporary styling without compromising on functional living space.

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

Artsy - Artworks West Tower delivers an extensive lifestyle and amenity package that successfully competes with the most amenity-rich developments in the Downtown East submarket. Residents enjoy 9 signature amenities, featuring a 24/7 Concierge & Security, a fully equipped Gym & Fitness Centre, a dedicated Yoga Studio, a spacious Party & Lounge Room, and a landscaped Rooftop Terrace with a BBQ Area. When compared against nearby peers such as DuEast Boutique - East at 34 Tubman Ave and Artworks - East Tower at 130 River St, Artsy - Artworks West Tower matches core wellness and social offerings while omitting niche spaces like pet wash stations or art studios found in select older phases. This curated amenity profile makes Artsy - Artworks West Tower particularly well-suited for young professionals and couples seeking streamlined urban conveniences paired with modern fitness and outdoor entertaining spaces.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Artsy - Artworks West Tower.

Building Amenities

  • Concierge & Security
  • Party & Lounge Room
  • Business Centre
  • Games & Billiards Room
  • Kids' Play Room - Indoor
  • Gym & Fitness Centre
  • Yoga Studio
  • BBQ Area
  • Rooftop Terrace

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Artsy - Artworks West Tower.

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.