London on the Esplanade - East — Rental Market Data

London on the Esplanade - East has three active listings as of August 31, 2026, with asking rents ranging from $2,300 to $2,950 per month, an average of $2,683, and a median of $2,800. Active suites average 567 square feet at $4.87 per square foot, and the inventory is evenly distributed across three layout tiers at 33.3 percent each. The current mix leans toward compact entry-level and mid-size suites rather than the larger multi-bedroom executive layouts seen in historical leases, which averaged 783 square feet.

The dominant active layout at London on the Esplanade - East is a three-way tie, with one listing each in the one-bedroom, one-bedroom plus den, and two-bedroom tiers, each representing 33.3 percent of available inventory. The one-bedroom offers 400 square feet at $2,300 per month and $5.75 per square foot; the one-bedroom plus den provides 650 square feet at $2,950 per month and $4.54 per square foot; and the two-bedroom delivers 650 square feet at $2,800 per month and $4.31 per square foot. Every tier is a single listing, so renters have no alternative unit to compare within the same bedroom category.

London on the Esplanade - East shows an active asking spread of $650, from a minimum entry rent of $2,300 to a peak asking rent of $2,950 per month, a 28.3 percent range. The median asking rent sits at $2,800 per month. The entry-level suite is a one-bedroom at 400 square feet priced at $5.75 per square foot, while the peak suite is a one-bedroom plus den at 650 square feet priced at $4.54 per square foot, meaning the higher-priced unit actually delivers a lower rate per square foot due to its larger footprint.

London on the Esplanade - East carries an active den premium of $650 per month for an additional 250 square feet of den space, translating to a marginal cost of $2.60 per square foot for the extra area. Active parking stall premiums cannot be reliably isolated from the current dataset due to insufficient paired samples, so no specific parking fee can be quoted with confidence.

London on the Esplanade - East asks an average of $2,683 per month at $4.87 per square foot, compared to the St. Lawrence submarket asking benchmark of $2,934 per month at $4.51 per square foot. The building's nominal rent is lower than the submarket average, but its per-square-foot rate is 8 percent higher because active suites average 567 square feet versus the larger footprints typical of the broader market. London on the Esplanade - East accounts for three out of 116 available listings in the St. Lawrence submarket, a 2.6 percent share of total active inventory.

London on the Esplanade - East realizes an average lease rent of $3,175 per month, which is $329 above the four-comp benchmark of $2,846 and places the subject at the top of this immediate pocket. London on the Esplanade - West (1 Scott St, 0.03 km) closed 13 leases at an average of $2,823 per month ($4.37 per square foot, 663 sq ft); The Esplanade (25 The Esplanade, 0.08 km) closed 9 leases averaging $2,875 per month ($3.65 per square foot, 798 sq ft); 75 On the Esplanade (2A Church St, 0.11 km) closed 27 leases at $2,800 per month ($4.79 per square foot, 609 sq ft); and The Berczy (55 Front St E, 0.13 km) closed 4 leases averaging $2,885 per month ($4.17 per square foot, 701 sq ft). All four competitors recorded active lease transactions, so each provides a realized pricing benchmark rather than a listing-only reference.

London on the Esplanade - East delivers 783 average square feet at $4.08 per square foot, a combination that undercuts the per-square-foot rates of three of four nearby active competitors while providing materially more interior space. Against London on the Esplanade - West, the subject trades at a $0.29 per square foot (6.6%) discount and provides 120 more interior square feet, meaning the $352 higher monthly rent is driven entirely by the larger footprint rather than a higher unit valuation. Versus 75 On the Esplanade, the subject offers a $0.71 per square foot (14.8%) discount with 174 additional square feet, so the $375 nominal premium reflects extra living area, not a rate premium. The Berczy shows a tighter spread: the subject trades at a $0.09 per square foot (2.2%) discount while providing 82 more square feet, keeping the $290 rent differential modest. The one exception is The Esplanade, where the subject commands a $0.43 per square foot (11.8%) premium over the 1989 building while providing 15 fewer square feet—here the higher rate reflects the subject's newer construction and amenity density rather than additional space.

London on the Esplanade - East fields a 15-item amenity suite anchored by an outdoor pool, hot tub and jacuzzi, sauna and steam room, a London-style pub, and a rooftop terrace—a full-service lifestyle package that distinguishes it from two of its four nearest peers. The Esplanade (1989) lacks the outdoor pool, yoga studio, library and reading room, and garden/courtyard found at the subject, while The Berczy (2013) omits the outdoor pool, hot tub, sauna, and the signature London-style pub. 75 On the Esplanade (2022) matches the subject on pool and gym but adds an outdoor fireplace and dining room/kitchen that the subject does not list, and The Berczy offers a pet wash station absent from the subject's roster. The subject's aquatic-and-wellness cluster (pool, jacuzzi, sauna, steam, yoga) combined with the on-site pub and library positions it squarely for young professionals and small households who want resort-style recreation and social space without stepping into a 2022-build price bracket.