Market Data as of August 31, 2026
Fortune at Fort York — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Fortune at Fort York at 38 Iannuzzi Street in Toronto's CityPlace / Fort York neighborhood is a 459-suite residential tower completed in 2021 by Onni Group of Companies. As of August 31, 2026, the building carries three active listings, representing a 0.7 percent availability rate. Leasing activity remains steady: six leases closed in the trailing 30 days at an average of $2,338 per month with a 21-day average time on market, while the broader 90-day window shows 20 closed leases averaging $2,545 per month and a 16-day average DOM.
Current asking rents at Fortune at Fort York average $3,367 per month across the three available suites, with a median of $2,300 per month. The active inventory averages 633 square feet, which is meaningfully larger than the 556-square-foot average footprint seen across all-time realized leases. At $5.45 per square foot in asking terms, the building trades 19 percent above the CityPlace / Fort York submarket asking benchmark of $4.58 per square foot, even though the nominal monthly rent sits only modestly above the submarket average of $3,101 per month. Realized 90-day leases at the building averaged $4.55 per square foot, confirming that the premium is concentrated in the current asking layer rather than in historical transaction pricing.
Marketing friction at Fortune at Fort York is measurable: delisted units sat an average of 26 days on market, five days longer than the 21-day average for units that successfully leased in the same 30-day window. Unrented listings asked an average of $3,217 per month, which is $879 per month above the $2,338 realized lease average, indicating that overpriced units are the primary source of listing failure. On the negotiation side, 40.7 percent of recent leases closed at or below asking, with tenants securing an average discount of $14 per month, a tenant-favorable dynamic worth factoring into offer strategy. Active inventory depth is thin: two one-bedroom suites offer a small selection, while the single two-bedroom listing at $5,600 per month represents a one-of-a-kind option with no comparable alternative currently on the market.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Fortune at Fort York as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Fortune at Fort York recently?
Fortune at Fort York lists three active units as of August 31, 2026, spanning a price range from $2,200 to $5,600 per month, with an average asking rent of $3,367 and a median of $2,300 per month. The available suites average 633 square feet at an asking rate of $5.45 per square foot. One-bedroom layouts account for 66.7 percent of active inventory, meaning the current availability skews toward compact entry-level suites rather than multi-bedroom executive configurations.
What floor plans and unit layouts are currently available at Fortune at Fort York?
The dominant active layout at Fortune at Fort York is the one-bedroom, with two units representing 66.7 percent of available inventory at an average asking rent of $2,250 per month across 400 square feet, or $5.63 per square foot. The two-bedroom tier holds a single listing at $5,600 per month for 1,100 square feet, equating to $5.09 per square foot. Renter choice is therefore limited to two compact one-bedroom options or one large-format two-bedroom suite.
What is the average asking rent and $/SF by suite size at Fortune at Fort York?
Fortune at Fort York's active availability spans from a minimum entry rent of $2,200 per month to a peak asking rent of $5,600 per month, a dollar spread of $3,400 and a percentage spread of 154.5 percent. The median asking rent sits at $2,300 per month, anchoring the lower end of the range. The entry-level suite is a 400-square-foot one-bedroom priced at $5.50 per square foot, while the peak offering is a 1,100-square-foot two-bedroom at $5.09 per square foot, meaning the premium unit actually delivers a lower rate per square foot despite the higher monthly outlay.
How much extra do parking spaces and dens cost at Fortune at Fort York?
Fortune at Fort York does not currently have quantified den premium data, as no paired den versus non-den listings are available to isolate a reliable dollar delta or marginal cost per square foot for extra den space. Active parking premiums also cannot be reliably isolated from the current three-listing sample, and no verified parking fee should be assumed from this small inventory. Historical lease records do confirm a verified parking stall cost of $164 per month, which serves as the most defensible benchmark for budgeting purposes.
How do asking rents at Fortune at Fort York compare to local and municipal benchmarks?
Fortune at Fort York's active asking rent of $3,367 per month and $5.45 per square foot both exceed the CityPlace / Fort York submarket asking benchmarks of $3,101 per month and $4.58 per square foot, placing the building 19 percent above the submarket on a per-square-foot basis. The higher nominal rent is partly explained by the 633-square-foot average suite size in current listings versus the smaller footprints that anchor submarket averages, but the per-square-foot premium confirms that unit pricing itself runs above the neighborhood norm. Fortune at Fort York's three active listings represent approximately 2 percent of the 148 total active listings across the CityPlace / Fort York submarket.
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 Fortune at Fort York (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Fortune at Fort York last month, and how fast did they rent?
Fortune at Fort York closed leases in 21 days on average over the trailing 30 days, compared to a 16-day average over 90 days and a lifetime benchmark of 17 days, all tracking near the CityPlace / Fort York submarket norm of 20 days. The building recorded 6 closed leases in the last 30 days, 20 over 90 days, and 27 over the full trailing year, indicating leasing turnover moderated slightly into late summer after a strong spring and early-summer push. The 90-day DOM of 16 days signals that units were moving faster through the first half of the summer window before the 30-day figure ticked back up to 21 days.
What is the negotiation spread between asking rents and closed lease prices at Fortune at Fort York?
Fortune at Fort York tenants negotiated an average discount of $14 per month (0.55% below asking), translating to $168 in annual savings per lease. This is a tenant-favorable outcome where landlords conceded on price rather than holding firm at list. Roughly 40.7% of all 27 closed leases settled under the original asking rent, confirming that prospective tenants carried meaningful leverage at this building during the tracked period.
What are typical executed lease prices across different layouts at Fortune at Fort York?
The two highest-volume anchor layouts at Fortune at Fort York are the 1-Bedroom (9 leases, averaging $2,344 per month with a 13-day DOM) and the Studio (8 leases, averaging $1,863 per month with a 26-day DOM). The 1-Bedroom + Den tier closed 5 leases at an average of $2,565 per month, a median of $2,500, a P25–P75 range of $2,450 to $2,600, an average size of 569 square feet at $4.51 per square foot, and a 16-day DOM. The 3-Bedroom+ tier represents a limited sample of 3 closed leases averaging $3,858 per month, a median of $3,725, a P25–P75 range of $3,688 to $3,962, an average size of 850 square feet at $4.54 per square foot, and a 19-day DOM. The 2-Bedroom tier reflects an individual single transaction at $4,100 per month for 1,100 square feet at $3.73 per square foot with a 6-day DOM, and the 2-Bedroom + Den tier is likewise a single deal at $3,275 per month for 800 square feet at $4.09 per square foot with a 4-day DOM.
What measurable rent premium did suites with parking achieve in closed leases at Fortune at Fort York?
Fortune at Fort York carries a verified leased parking premium of $164 per month, confirming that parking is bundled into the lease rather than sold as a standalone add-on. This aligns with the typical Onni Group practice of including one parking stall in 2-bedroom and larger units as standard. Active asking parking data is inconclusive due to an unreliable outlier or insufficient paired sample, so no separate market-rate comparison can be drawn for unattached parking at this building.
How does the lease-to-listing ratio at Fortune at Fort York reflect current tenant demand?
Fortune at Fort York shows a volatile rent trajectory across the five tracked months, swinging between $2,334 and $2,875 per month with no clear directional trend. April 2026 closed 1 lease at an average of $2,875 per month, $4.71 per square foot, and a 4-day DOM. May 2026 saw 6 leases close at an average of $2,334 per month, $4.75 per square foot, and a 23-day DOM. June 2026 recorded 7 leases at an average of $2,529 per month, $4.70 per square foot, and a 15-day DOM. July 2026 also closed 7 leases but at a higher average of $2,739 per month, $4.36 per square foot, and a 14-day DOM. August 2026 finished with 6 leases at an average of $2,338 per month, $4.60 per square foot, and a 21-day DOM.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Fortune at Fort York (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Fortune at Fort York, and what was their re-listing price compared to previous asking?
Fortune at Fort York had 3 delisted units in the trailing period, all classified as terminated listings with zero expired or suspended entries, representing a 50% delisted-to-leased ratio against the 6 leases closed in the same 30-day window. This means one listing was pulled for every two leases signed, a moderate friction signal rather than a systemic pricing breakdown. The 11.1% ratio against lifetime lease volume (27 deals) confirms this is a small absolute number but proportionally notable given the thin monthly transaction base.
How do asking prices on de-listed suites compare to executed leases and active listings at Fortune at Fort York?
Fortune at Fort York unrented units asked an average of $3,217 per month, which is $879 per month above the realized lease average of $2,338 per month, indicating direct overpricing by landlords. The delisted rate per square foot averaged $4.90 compared to $4.60 for closed leases, a 6.5% premium on unit pricing that prospective tenants simply refused to meet. This spread confirms that the 3 terminated listings were priced beyond what the market would absorb at this building's current demand level.
What market friction causes rental listings to stall or de-list at Fortune at Fort York?
Fortune at Fort York delisted units sat on the market for an average of 26 days, compared to a 21-day realized lease DOM over the trailing 30 days and a 17-day lifetime average. The 5-day excess over the 30-day benchmark (or 9 days versus the lifetime figure) translates to roughly $535 in lost rent per unit at the $3,217 asking rate, plus ongoing condo maintenance fees during the unrented carry period. Each additional week of vacancy compounds this cost, making the overpricing on these 3 listings a direct financial drag on the owner's net operating income.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 5 | 2590 | 536 | 4.82 | 12 |
| 2026-04-28 | 5 | 2590 | 536 | 4.82 | 13 |
| 2026-04-29 | 5 | 2590 | 536 | 4.82 | 14 |
| 2026-04-30 | 5 | 2590 | 536 | 4.82 | 15 |
| 2026-05-01 | 5 | 2590 | 536 | 4.82 | 16 |
| 2026-05-02 | 5 | 2590 | 536 | 4.82 | 17 |
| 2026-05-03 | 5 | 2590 | 536 | 4.82 | 18 |
| 2026-05-04 | 6 | 2475 | 513 | 4.81 | 16 |
| 2026-05-05 | 5 | 2480 | 514 | 4.81 | 16 |
| 2026-05-06 | 4 | 2650 | 546 | 4.84 | 16 |
| 2026-05-07 | 4 | 2650 | 546 | 4.84 | 17 |
| 2026-05-08 | 3 | 2867 | 600 | 4.72 | 16 |
| 2026-05-09 | 4 | 2613 | 550 | 4.70 | 13 |
| 2026-05-10 | 4 | 2613 | 550 | 4.70 | 14 |
| 2026-05-11 | 5 | 2560 | 520 | 4.93 | 12 |
| 2026-05-12 | 6 | 2763 | 575 | 4.85 | 11 |
| 2026-05-13 | 6 | 2763 | 575 | 4.85 | 12 |
| 2026-05-14 | 5 | 2455 | 520 | 4.81 | 9 |
| 2026-05-15 | 6 | 2346 | 500 | 4.76 | 9 |
| 2026-05-16 | 6 | 2346 | 500 | 4.76 | 10 |
| 2026-05-17 | 6 | 2346 | 500 | 4.76 | 11 |
| 2026-05-18 | 6 | 2346 | 500 | 4.76 | 12 |
| 2026-05-19 | 7 | 2489 | 536 | 4.72 | 11 |
| 2026-05-20 | 6 | 2504 | 533 | 4.78 | 8 |
| 2026-05-21 | 6 | 2504 | 533 | 4.78 | 9 |
| 2026-05-22 | 7 | 2482 | 536 | 4.70 | 9 |
| 2026-05-23 | 7 | 2482 | 536 | 4.70 | 10 |
| 2026-05-24 | 7 | 2482 | 536 | 4.70 | 11 |
| 2026-05-25 | 6 | 2579 | 558 | 4.70 | 10 |
| 2026-05-26 | 6 | 2579 | 558 | 4.70 | 11 |
| 2026-05-27 | 6 | 2579 | 558 | 4.70 | 12 |
| 2026-05-28 | 7 | 2575 | 557 | 4.69 | 11 |
| 2026-05-29 | 6 | 2696 | 583 | 4.70 | 11 |
| 2026-05-30 | 6 | 2696 | 583 | 4.70 | 12 |
| 2026-05-31 | 6 | 2696 | 583 | 4.70 | 13 |
| 2026-06-01 | 6 | 2696 | 583 | 4.70 | 14 |
| 2026-06-02 | 6 | 2704 | 558 | 4.99 | 13 |
| 2026-06-03 | 5 | 2775 | 590 | 4.81 | 13 |
| 2026-06-04 | 5 | 2775 | 590 | 4.81 | 14 |
| 2026-06-05 | 5 | 2775 | 590 | 4.81 | 15 |
| 2026-06-06 | 5 | 2775 | 590 | 4.81 | 16 |
| 2026-06-07 | 4 | 2869 | 638 | 4.51 | 20 |
| 2026-06-08 | 4 | 2869 | 638 | 4.51 | 21 |
| 2026-06-09 | 4 | 2869 | 638 | 4.51 | 22 |
| 2026-06-10 | 3 | 2975 | 667 | 4.47 | 26 |
| 2026-06-11 | 3 | 2975 | 667 | 4.47 | 27 |
| 2026-06-12 | 3 | 2975 | 667 | 4.47 | 28 |
| 2026-06-13 | 3 | 2975 | 667 | 4.47 | 29 |
| 2026-06-14 | 3 | 2975 | 667 | 4.47 | 30 |
| 2026-06-15 | 3 | 2975 | 667 | 4.47 | 31 |
| 2026-06-16 | 3 | 2975 | 667 | 4.47 | 32 |
| 2026-06-17 | 4 | 3256 | 775 | 4.28 | 25 |
| 2026-06-18 | 4 | 3419 | 836 | 4.11 | 17 |
| 2026-06-19 | 5 | 3145 | 749 | 4.31 | 14 |
| 2026-06-20 | 5 | 2850 | 689 | 4.26 | 8 |
| 2026-06-21 | 5 | 2850 | 689 | 4.26 | 9 |
| 2026-06-22 | 6 | 2975 | 716 | 4.26 | 8 |
| 2026-06-23 | 5 | 2750 | 639 | 4.36 | 10 |
| 2026-06-24 | 5 | 2750 | 639 | 4.36 | 11 |
| 2026-06-25 | 5 | 2750 | 639 | 4.36 | 12 |
| 2026-06-26 | 5 | 2750 | 639 | 4.36 | 13 |
| 2026-06-27 | 5 | 2750 | 639 | 4.36 | 14 |
| 2026-06-28 | 5 | 2750 | 639 | 4.36 | 15 |
| 2026-06-29 | 5 | 2750 | 639 | 4.36 | 16 |
| 2026-06-30 | 5 | 2680 | 609 | 4.50 | 15 |
| 2026-07-01 | 4 | 2738 | 600 | 4.68 | 16 |
| 2026-07-02 | 5 | 2670 | 590 | 4.61 | 14 |
| 2026-07-03 | 5 | 2670 | 590 | 4.61 | 15 |
| 2026-07-04 | 5 | 2670 | 590 | 4.61 | 16 |
| 2026-07-05 | 6 | 2633 | 583 | 4.59 | 14 |
| 2026-07-06 | 6 | 2633 | 583 | 4.59 | 15 |
| 2026-07-07 | 6 | 2633 | 583 | 4.59 | 16 |
| 2026-07-08 | 6 | 2633 | 583 | 4.59 | 17 |
| 2026-07-09 | 8 | 2569 | 561 | 4.69 | 14 |
| 2026-07-10 | 8 | 2569 | 561 | 4.69 | 15 |
| 2026-07-11 | 8 | 2569 | 561 | 4.69 | 16 |
| 2026-07-12 | 8 | 2569 | 561 | 4.69 | 17 |
| 2026-07-13 | 8 | 2569 | 561 | 4.69 | 18 |
| 2026-07-14 | 8 | 2569 | 561 | 4.69 | 19 |
| 2026-07-15 | 6 | 2308 | 475 | 4.92 | 12 |
| 2026-07-16 | 7 | 2450 | 521 | 4.81 | 11 |
| 2026-07-17 | 6 | 2458 | 517 | 4.88 | 11 |
| 2026-07-18 | 6 | 2458 | 517 | 4.88 | 12 |
| 2026-07-19 | 6 | 2458 | 517 | 4.88 | 13 |
| 2026-07-20 | 6 | 2458 | 517 | 4.88 | 14 |
| 2026-07-21 | 6 | 2458 | 517 | 4.88 | 15 |
| 2026-07-22 | 8 | 2531 | 544 | 4.77 | 12 |
| 2026-07-23 | 8 | 2531 | 544 | 4.77 | 13 |
| 2026-07-24 | 7 | 2614 | 564 | 4.75 | 13 |
| 2026-07-25 | 6 | 2608 | 567 | 4.74 | 15 |
| 2026-07-26 | 6 | 2608 | 567 | 4.74 | 16 |
| 2026-07-27 | 5 | 2390 | 510 | 4.82 | 19 |
| 2026-07-28 | 5 | 2390 | 510 | 4.82 | 20 |
| 2026-07-29 | 5 | 2390 | 510 | 4.82 | 21 |
| 2026-07-30 | 5 | 2390 | 510 | 4.82 | 22 |
| 2026-07-31 | 6 | 2408 | 517 | 4.77 | 19 |
| 2026-08-01 | 6 | 2408 | 517 | 4.77 | 20 |
| 2026-08-02 | 5 | 2480 | 540 | 4.70 | 16 |
| 2026-08-03 | 5 | 2480 | 540 | 4.70 | 17 |
| 2026-08-04 | 5 | 2480 | 540 | 4.70 | 18 |
| 2026-08-05 | 4 | 2475 | 538 | 4.74 | 23 |
| 2026-08-06 | 5 | 2359 | 510 | 4.74 | 19 |
| 2026-08-07 | 5 | 2359 | 510 | 4.74 | 20 |
| 2026-08-08 | 5 | 2359 | 510 | 4.74 | 21 |
| 2026-08-09 | 5 | 2359 | 510 | 4.74 | 22 |
| 2026-08-10 | 5 | 2359 | 510 | 4.74 | 23 |
| 2026-08-11 | 5 | 2359 | 510 | 4.74 | 24 |
| 2026-08-12 | 4 | 2361 | 538 | 4.45 | 23 |
| 2026-08-13 | 4 | 2486 | 538 | 4.77 | 19 |
| 2026-08-14 | 4 | 3413 | 713 | 4.86 | 18 |
| 2026-08-15 | 4 | 3413 | 713 | 4.86 | 19 |
| 2026-08-16 | 4 | 3413 | 713 | 4.86 | 20 |
| 2026-08-17 | 4 | 3413 | 713 | 4.86 | 21 |
| 2026-08-18 | 4 | 3413 | 713 | 4.86 | 22 |
| 2026-08-19 | 2 | 3950 | 750 | 5.42 | 6 |
| 2026-08-20 | 3 | 3725 | 767 | 4.98 | 4 |
| 2026-08-21 | 4 | 3794 | 788 | 4.91 | 4 |
| 2026-08-22 | 4 | 3794 | 788 | 4.91 | 5 |
| 2026-08-23 | 4 | 3794 | 788 | 4.91 | 6 |
| 2026-08-24 | 3 | 3967 | 783 | 5.18 | 8 |
| 2026-08-25 | 3 | 3967 | 783 | 5.18 | 9 |
| 2026-08-26 | 3 | 3967 | 783 | 5.18 | 10 |
| 2026-08-27 | 3 | 3967 | 783 | 5.18 | 11 |
| 2026-08-28 | 3 | 3967 | 783 | 5.18 | 12 |
| 2026-08-29 | 4 | 3525 | 688 | 5.26 | 10 |
| 2026-08-30 | 4 | 3525 | 688 | 5.26 | 11 |
| 2026-08-31 | 3 | 3367 | 633 | 5.45 | 12 |
12-Month Market Dynamics & Trend Trajectory
Fortune at Fort York has closed 27 leases since its 2021 registration, averaging $2,510 per month at $4.60 per square foot across an average suite size of 556 square feet, with a lifetime DOM of 17 days. Tenant turnover has been steady but modest, with the bulk of activity concentrated in the trailing 12 months and a particularly active spring-summer 2026 window that produced 27 of the building's total recorded leases. On pricing discipline, 40.7% of all leases closed below the original asking rent, and the net negotiation spread averaged a $14 per month tenant discount (0.55% below asking). This is a tenant-favorable dynamic: landlords at Fortune at Fort York have been conceding on price rather than holding list, saving tenants an average of $168 per year. The consistent direction of the spread across the full sample confirms this is not an outlier month but a structural pattern in how this building's leasing office prices and closes deals.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 3 | 2035 | 427 | 4.78 | 22 |
| 2026-05-10 | 1 | 4200 | 850 | 4.94 | 30 |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 2 | 1850 | 400 | 4.63 | 21 |
| 2026-05-31 | 2 | 2325 | 475 | 5.03 | 17 |
| 2026-06-07 | 2 | 2425 | 475 | 5.23 | 9 |
| 2026-06-14 | 1 | 1800 | 400 | 4.50 | 34 |
| 2026-06-21 | 1 | 4100 | 1100 | 3.73 | 6 |
| 2026-06-28 | 2 | 2350 | 598 | 3.95 | 12 |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 3 | 2875 | 662 | 4.34 | 15 |
| 2026-07-19 | 2 | 2250 | 475 | 4.74 | 17 |
| 2026-07-26 | 1 | 3650 | 850 | 4.29 | 5 |
| 2026-08-02 | 2 | 2250 | 475 | 4.77 | 25 |
| 2026-08-09 | 2 | 1900 | 400 | 4.75 | 15 |
| 2026-08-16 | 1 | 2450 | 550 | 4.45 | 45 |
| 2026-08-23 | 1 | 3275 | 800 | 4.09 | 4 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Fortune at Fort York at 38 Iannuzzi St sits in a dense cluster of mid-rise rentals within 80 metres of three direct competitors in the CityPlace / Fort York submarket. The Yards at Fort York (20 Bruyeres Mews, built 2015) recorded 19 closed leases over the trailing 180 days at a distance of 0.06 km; LTD (15 Bruyeres Mews, built 2012) logged 7 closed leases at 0.07 km; Harbourfront (600 Fleet St, built 2009) closed 15 leases at 0.08 km; and West Harbour City – II (21 Grand Magazine St, built 2011) recorded 9 closed leases also at 0.08 km. The subject building, completed in 2021, is the newest structure in this immediate group by six to twelve years, placing it a full generation ahead of Harbourfront and West Harbour City – II and four to nine years newer than The Yards and LTD. Across the four comparables, the average closed-lease rent is $2,581 per month, the average rate is $3.95 per square foot, and the average suite size is 664 square feet. Fortune at Fort York leases at $2,510 per month and $4.60 per square foot on an average 556-square-foot unit, meaning it trades at a premium of roughly $0.39 to $1.03 per square foot above every single competitor while offering 30 to 253 fewer interior square feet. The building's value proposition rests on its 2021 completion, a broader wellness and recreation amenity suite, and a tenant-favourable negotiation environment where 40.7% of leases closed below asking, rather than on raw square-footage scale.
Comparable Analysis & Questions
How do rental rates at Fortune at Fort York compare to neighbouring buildings within CityPlace / Fort York?
Fortune at Fort York's average closed-lease rent of $2,510 per month sits $71 below the four-comparable average of $2,581, yet it commands a per-square-foot premium over every nearby competitor. The Yards at Fort York (20 Bruyeres Mews) leases at $2,579 per month, $3.93 per square foot, and 661 square feet on average; LTD (15 Bruyeres Mews) averages $2,431 per month, $4.08 per square foot, and 599 square feet; Harbourfront (600 Fleet St) records $2,443 per month, $4.21 per square foot, and 586 square feet; and West Harbour City – II (21 Grand Magazine St) closes at $2,869 per month, $3.57 per square foot, and 809 square feet. In dollar terms the subject is $69 below The Yards, $79 above LTD, $67 above Harbourfront, and $359 below West Harbour City – II, reflecting a mid-range absolute rent that pairs with the highest per-square-foot rate in the set.
Does Fortune at Fort York offer a competitive price-per-square-foot ($/SF) against local comparables?
Fortune at Fort York leases at $4.60 per square foot on an average 556-square-foot suite, a rate that exceeds every nearby comparable's per-square-foot benchmark while providing the smallest interior footprint in the cluster. Against The Yards at Fort York the subject trades at a $0.67-per-square-foot (17%) premium for 105 fewer square feet; versus LTD the premium is $0.52 per square foot (12.7%) for 43 fewer square feet; against Harbourfront it is $0.39 per square foot (9.3%) for 30 fewer square feet; and compared with West Harbour City – II the premium reaches $1.03 per square foot (28.9%) for 253 fewer square feet. Renters choosing Fortune at Fort York accept a compact 556-square-foot layout in exchange for a 2021-built building, a wider amenity programme, and a tenant-favourable negotiation dynamic where the average discount off asking is $14 per month, saving roughly $168 per year.
How do building age, amenities, and developer reputation impact rent spreads?
Fortune at Fort York offers the most expansive wellness and recreation amenity package in its immediate Fort York peer group, distinguishing itself through features absent from all four nearby competitors. Where The Yards at Fort York provides a Business Centre and an Interactive 3D Social Room, the subject counters with a dedicated Spin Studio, a Golf Simulator, a Putting Green, and a Cold Plunge—none of which appear in The Yards' roster. LTD (15 Bruyeres Mews) offers an Espresso Bar but lacks an indoor pool, hot tub, yoga studio, or outdoor garden; Fortune at Fort York includes all of those plus a Bocce Court and a Dog Run. Harbourfront (600 Fleet St) matches the subject on an indoor pool and hot tub but has no spin studio, golf simulator, putting green, or cold plunge. West Harbour City – II (21 Grand Magazine St) adds an outdoor pool that the subject does not carry, yet it omits the Spin Studio, Golf Simulator, Putting Green, Bocce Court, and Cold Plunge found at 38 Iannuzzi St. This lifestyle package is best suited to health-conscious professionals and active young households who prioritize on-site fitness, recovery, and social recreation within a walkable distance of Fort York's retail and transit corridor.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Fortune at Fort York.
Building Amenities
- Concierge & Security
- Shared Laundry Room
- Gym & Fitness Centre
- Yoga Studio
- Spin Studio
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- Media & Theatre Room
- Games & Billiards Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Garden & Courtyard
- Dog Run
- Golf Simulator
- Putting Green
- Bocce Court
- Café Lounge
- Cold Plunge
Residential Buildings in the Vicinity
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Fortune at Fort York.
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.
