Skip to Content

Market Data as of August 31, 2026

Apex at Cityplace (D) — Rental Market Data

397 Front St W, Toronto, Ontario M5V 2J1
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,600

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2003
Total Suites366
DeveloperConcord Adex

Apex at Cityplace (D) is a residential community located in Toronto, Ontario. Completed in 2003, the property features an estimated 366 suites. As of August 31, 2026, the market features 1 active rental listings averaging $2,600/month ($4.00/SF).

Get Monthly Rental Market Updates for Apex at Cityplace (D)

Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.

Strictly monthly updates. One-click unsubscribe at any time.

Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Apex at Cityplace (D) as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
0
Avg Asking Rent$2,600
-$400 (13.3%)
Avg Suite Size650 sf
+2 sf (0.3%)
Avg Days on Market19d
-31d (62.0%)
Avg Asking $/SF$4.00
-$0.63 (13.6%)

Active Market Insights & Questions

How has rental availability changed at Apex at Cityplace (D) recently?

There is currently 1 active rental listing available at 397 Front St W in Toronto. Over the past 30 days, availability has averaged 1 suites.

What floor plans and unit layouts are currently available at Apex at Cityplace (D)?

Current active inventory spans 1-bedroom floor plans.

What is the average asking rent and $/SF by suite size at Apex at Cityplace (D)?

Asking rents range across available layouts, averaging $2,600/month ($4.00/SF).

How much extra do parking spaces and dens cost at Apex at Cityplace (D)?

Landlords place an implied premium of $0/month for dedicated parking stalls and $0/month for suites with a den.

How do asking rents at Apex at Cityplace (D) compare to local and municipal benchmarks?

Asking rents at Apex at Cityplace (D) ($2,600/month) are 19.0% lower than the Toronto average ($3,211/month).

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 Apex at Cityplace (D) (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,550
Avg Leased Size711 sf
Avg Days to Lease12d
Leased $/SF$4.14

Leased Transaction Insights & Questions

How many suites were leased at Apex at Cityplace (D) last month, and how fast did they rent?

Apex at Cityplace (D) closed 2 leases in the trailing 30 days at an average of 12 days on market, compared to 8 leases over 90 days at 18 DOM and a submarket benchmark of 20 DOM. Lifetime volume stands at 11 closed leases at an average of 15 DOM. Leasing cadence accelerated sharply in June (4 closings) before moderating in July and August (2 each), indicating a mid-summer burst rather than sustained velocity.

What is the negotiation spread between asking rents and closed lease prices at Apex at Cityplace (D)?

Apex at Cityplace (D) tenants paid an average premium of $30 per month (1.03% above asking), generating $360 per year in additional landlord revenue across tracked leases. Every recorded transaction settled at or above the listed asking price, confirming landlord pricing leverage in this submarket. The 1.03% spread is modest but consistent, signaling that tenants accepted asking rents without meaningful pushback on price.

What are typical executed lease prices across different layouts at Apex at Cityplace (D)?

The 1-Bedroom + Den dominates Apex at Cityplace (D) with 8 closed leases averaging $2,644 per month and 7 DOM, while the 2-Bedroom + Den accounts for 3 leases at $3,717 per month and 37 DOM. The 1-Bedroom + Den tier (moderate sample of 8) shows a median of $2,600, a P25–P75 range of $2,575 to $2,662, an average suite size of 640 square feet, and a rate of $4.13 per square foot. The 2-Bedroom + Den tier is a limited sample of 3 leases and serves as a directional indicator only; its median sits at $3,750, the P25–P75 range spans $3,675 to $3,775, average size is 900 square feet, and the rate reaches $4.14 per square foot.

What measurable rent premium did suites with parking achieve in closed leases at Apex at Cityplace (D)?

Apex at Cityplace (D) does not have sufficient paired lease data to isolate a verified parking premium per month. Active listings also show unreliable or insufficient paired samples, so no reliable parking dollar figure can be quoted. Parking appears bundled into suite rents rather than listed as a separable line item in this building's current rental activity.

How does the lease-to-listing ratio at Apex at Cityplace (D) reflect current tenant demand?

Apex at Cityplace (D) rents climbed from $2,650 in April to a peak of $3,475 in July before retreating to $2,550 in August across the five-month tracked window. April closed 1 deal at $2,650 per month ($4.08 per square foot, 4 DOM). May added 2 deals at $2,450 per month ($4.09 per square foot, 8 DOM). June surged to 4 deals at $3,175 per month ($4.16 per square foot, 24 DOM). July recorded 2 deals at $3,475 per month ($4.16 per square foot, 15 DOM). August closed 2 deals at $2,550 per month ($4.14 per square foot, 12 DOM). The August nominal drop from July reflects a shift toward compact 1-Bedroom + Den suites rather than any property devaluation, as the rate per square foot held steady near $4.14.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Apex at Cityplace (D) (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$3,000
Avg Suite Size648 sf
Avg Days on Market60d
Delisted $/SF$4.63

De-Listed Market Analysis & Questions

How many listings de-listed at Apex at Cityplace (D), and what was their re-listing price compared to previous asking?

Apex at Cityplace (D) logged 1 delisted unit in the tracked period, representing a 50% delisted-to-30-day-lease ratio (1 delisting against 2 closings) and a 9.1% ratio against lifetime volume of 11 leases. The single listing expired rather than being terminated or suspended. This low absolute count signals minimal vacancy carry but warrants monitoring if the pattern repeats in subsequent months.

How do asking prices on de-listed suites compare to executed leases and active listings at Apex at Cityplace (D)?

Apex at Cityplace (D) delisted a unit asking $3,000 per month, which is $450 per month (17.6%) above the realized 30-day lease average of $2,550 per month. The delisted unit also carried a rate of $4.63 per square foot versus the realized lease average of approximately $4.13 per square foot, a gap of roughly $0.50 per square foot. This spread indicates direct overpricing relative to market-clearing levels, as the asking rent exceeded what tenants were actually paying for comparable suites.

What market friction causes rental listings to stall or de-list at Apex at Cityplace (D)?

Apex at Cityplace (D) delisted its single unit after 60 days on market, compared to a realized lease average of 15 DOM (all-time) and 12 DOM in the trailing 30 days. The 45-day excess over the lifetime benchmark translates to approximately $4,500 in lost rent ($3,000 × 1.5 months) plus ongoing condo maintenance fees during the unrented period. Even against the tighter 30-day DOM of 12, the excess stretches to 48 days, reinforcing that the asking price sat well above what the submarket would absorb.

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
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
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)
2026-04-27136009004.00N/A
2026-04-28136009004.001
2026-04-29136009004.002
2026-04-30136009004.003
2026-05-01136009004.004
2026-05-02136009004.005
2026-05-03136009004.006
2026-05-04136009004.007
2026-05-05136009004.008
2026-05-06136009004.009
2026-05-07136009004.0010
2026-05-08136009004.0011
2026-05-09136009004.0012
2026-05-10136009004.0013
2026-05-11136009004.0014
2026-05-12231007754.008
2026-05-13328337004.066
2026-05-14328337004.067
2026-05-15328337004.068
2026-05-16328337004.069
2026-05-17328337004.0610
2026-05-18328337004.0611
2026-05-19229507254.0914
2026-05-20229507254.0915
2026-05-21229507254.0916
2026-05-22136009004.0025
2026-05-23237008754.2413
2026-05-24237008754.2414
2026-05-25237008754.2415
2026-05-26237008754.2416
2026-05-27237008754.2417
2026-05-28237008754.2418
2026-05-29237008754.2419
2026-05-30237008754.2420
2026-05-31237008754.2421
2026-06-01237008754.2422
2026-06-02237008754.2423
2026-06-03237008754.2424
2026-06-04333338004.1617
2026-06-05431697634.1513
2026-06-06431697634.1514
2026-06-07431697634.1515
2026-06-08431697634.1516
2026-06-09333588004.2021
2026-06-10237008754.2431
2026-06-11334677994.3721
2026-06-12334677994.3722
2026-06-13334677994.3723
2026-06-14334677994.3724
2026-06-15334677994.3725
2026-06-16334677994.3726
2026-06-17334677994.3727
2026-06-18334677994.3728
2026-06-19233007744.3131
2026-06-20233007744.3132
2026-06-21233007744.3133
2026-06-22233007744.3134
2026-06-23233007744.3135
2026-06-24130006484.6313
2026-06-25130006484.6314
2026-06-26130006484.6315
2026-06-27130006484.6316
2026-06-28130006484.6317
2026-06-29229756914.339
2026-06-30229756914.3310
2026-07-01229756914.3311
2026-07-02332337774.208
2026-07-03233757994.2912
2026-07-04233757994.2913
2026-07-05233757994.2914
2026-07-06233757994.2915
2026-07-07233757994.2916
2026-07-08233757994.2917
2026-07-09233757994.2918
2026-07-10233757994.2919
2026-07-11233757994.2920
2026-07-12233757994.2921
2026-07-13233757994.2922
2026-07-14233757994.2923
2026-07-15233757994.2924
2026-07-16233757994.2925
2026-07-17233757994.2926
2026-07-18233757994.2927
2026-07-19233757994.2928
2026-07-20233757994.2929
2026-07-21233757994.2930
2026-07-22233757994.2931
2026-07-23233757994.2932
2026-07-24233757994.2933
2026-07-25233757994.2934
2026-07-26233757994.2935
2026-07-27130006484.6346
2026-07-28130006484.6347
2026-07-29130006484.6348
2026-07-30130006484.6349
2026-07-31130006484.6350
2026-08-01130006484.6351
2026-08-02130006484.6352
2026-08-03130006484.6353
2026-08-04130006484.6354
2026-08-05130006484.6355
2026-08-06130006484.6356
2026-08-07228006494.3129
2026-08-08327006284.3020
2026-08-09327006284.3021
2026-08-10125005854.272
2026-08-11125005854.273
2026-08-12225506184.142
2026-08-13225506184.143
2026-08-14225506184.144
2026-08-15225506184.145
2026-08-16225506184.146
2026-08-17225506184.147
2026-08-18225506184.148
2026-08-19225506184.149
2026-08-20225506184.1410
2026-08-21225506184.1411
2026-08-22225506184.1412
2026-08-23225506184.1413
2026-08-24225506184.1414
2026-08-25225506184.1415
2026-08-26225506184.1416
2026-08-27225506184.1417
2026-08-28126006504.0016
2026-08-29126006504.0017
2026-08-30126006504.0018
2026-08-31126006504.0019

12-Month Market Dynamics & Trend Trajectory

Apex at Cityplace (D) realized an average lease rent of $2,936 per month and a rate of $4.13 per square foot across 11 lifetime leases, positioning the building $122 per month below the CityPlace / Fort York submarket average of $2,818 and 4.8% below the submarket's $4.36 per square foot benchmark. The building's 711-square-foot average suite is 27 square feet smaller than the submarket implied average of 677 square feet, meaning the lower nominal rent partly reflects compact footprints rather than a structural discount. Pricing discipline at Apex at Cityplace (D) favours landlords: every tracked lease closed at or above asking, with an average premium of $30 per month (1.03%) generating $360 per year in incremental revenue. No lease recorded a discount below the listed rate, indicating tenants accepted asking rents without meaningful negotiation leverage. The 17.6% overpricing on the single delisted unit further confirms that landlords can hold firm on price in this submarket without losing tenants to competing listings.

Loading inventory data…

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
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

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)
2026-05-17224506004.098
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-07226506504.085
2026-06-14138008504.4727
2026-06-21136009004.0058
2026-06-28132007334.374
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26137509503.9525
2026-08-020N/AN/AN/AN/A
2026-08-09126006504.003
2026-08-160N/AN/AN/AN/A
2026-08-23125005854.2720

Nearby Building Rental Comparables & Price Spreads

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

Apex at Cityplace (D) at 397 Front St W sits within a dense cluster of four nearby residential towers along the Front Street corridor, all recording active lease volume over the trailing 180 days. The closest peer, Apex at Cityplace (C) at 381 Front St W, is just 0.07 kilometres away and was completed in the same 2003 era, closing 4 leases in the period. Cityplace Matrix B at 373 Front St W, 0.11 kilometres out and built in 2002, logged 8 closed leases. Fly Condominiums at 352 Front St W, 0.13 kilometres distant and completed in 2013, recorded 31 lease transactions. Canada House – West Tower at 3 Concord Cityplace Way, 0.15 kilometres away and finished in 2025, posted the highest volume at 52 closed leases. No competitor in this set recorded zero transactions; all four serve as active pricing benchmarks spanning three distinct construction eras from 2002 through 2025. The four-comparable benchmark averages $3,096 per month in realized rent, $4.37 per square foot, and 721 square feet of interior space. Apex at Cityplace (D) leases at $2,936 per month and $4.13 per square foot across an average 711-square-foot suite, placing the subject roughly 5 percent below the comp average on rent and 5.3 percent below on rate per square foot while offering a footprint nearly identical to the peer mean. Against the submarket-wide leased benchmark of $2,818 per month and $4.36 per square foot, the subject trades at a modest premium on total rent but at a slight discount on per-square-foot pricing, a spread driven by its 711-square-foot average suite being marginally smaller than the 721-square-foot comp average. The building's 2003 construction date and Concord Adex development pedigree position it as a mature, amenity-dense asset competing directly with both same-era towers and the newer 2025 Canada House product.

381 Front St W, Toronto

Avg Asking$3,458/mo
Avg $/SF$3.90
Rent Spread:
+$858/mo (+33.0%) Higher

373 Front St W, Toronto

Avg Asking$3,140/mo
Avg $/SF$3.99
Rent Spread:
+$540/mo (+20.8%) Higher

352 Front St W, Toronto

Avg Asking$2,712/mo
Avg $/SF$4.31
Rent Spread:
+$112/mo (+4.3%) Higher

3 Concord Cityplace Way, Toronto

Avg Asking$3,494/mo
Avg $/SF$4.88
Rent Spread:
+$894/mo (+34.4%) Higher

361 Front St W, Toronto

Avg Asking$2,982/mo
Avg $/SF$4.02
Rent Spread:
+$382/mo (+14.7%) Higher

1 Concord Cityplace Way, Toronto

Avg Asking$3,520/mo
Avg $/SF$4.84
Rent Spread:
+$920/mo (+35.4%) Higher

Comparable Analysis & Questions

How do rental rates at Apex at Cityplace (D) compare to neighbouring buildings within CityPlace / Fort York?

Apex at Cityplace (D) realizes an average lease rent of $2,936 per month, sitting $160 below the four-comparable benchmark of $3,096 and $118 above the submarket-wide leased average of $2,818. Apex at Cityplace (C) at 381 Front St W, 0.07 kilometres away, closed 4 leases averaging $3,438 per month at $3.91 per square foot across 884 square feet, placing the subject $502 lower in nominal rent. Cityplace Matrix B at 373 Front St W, 0.11 kilometres out, recorded 8 closed leases at $2,987 per month, $4.50 per square foot, and 686 square feet, with the subject trading $51 below that figure. Fly Condominiums at 352 Front St W, 0.13 kilometres distant, logged 31 lease transactions averaging $2,561 per month at $4.28 per square foot over 607 square feet, meaning the subject commands $375 more in monthly rent. Canada House – West Tower at 3 Concord Cityplace Way, 0.15 kilometres away, posted 52 closed leases at $3,399 per month, $4.79 per square foot, and 705 square feet, with the subject realizing $463 less per month than that benchmark.

Does Apex at Cityplace (D) offer a competitive price-per-square-foot ($/SF) against local comparables?

Apex at Cityplace (D) leases at $4.13 per square foot across an average 711-square-foot suite, positioning it below the comp average of $4.37 per square foot and 721 square feet while offering a total monthly rent that undercuts three of four nearby peers. Against Apex at Cityplace (C), the subject commands a $0.22 per square foot (5.6 percent) premium but provides 173 fewer interior square feet, so the lower nominal rent of $502 per month reflects the smaller footprint rather than a weaker per-square-foot valuation. Versus Cityplace Matrix B, the subject trades at a $0.37 per square foot (8.2 percent) discount while delivering 25 more interior square feet, a combination that narrows the nominal rent gap to just $51 per month. Fly Condominiums presents the inverse trade-off: the subject trades at a $0.15 per square foot (3.5 percent) discount yet provides 104 more interior square feet, which explains why the subject's nominal rent runs $375 higher despite the lower per-square-foot rate. Canada House – West Tower carries a $0.66 per square foot (13.8 percent) premium over the subject with only 6 more square feet, making the $463 monthly rent gap almost entirely a function of the newer building's rate structure rather than meaningful additional space.

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

Apex at Cityplace (D) offers a 20-feature lifestyle package anchored by an indoor pool, hot tub and jacuzzi, spa and wellness centre, tennis and pickleball court, basketball court, indoor soccer field, yoga studio, and rooftop terrace, a breadth that exceeds or matches every nearby competitor. Compared with Apex at Cityplace (C), the subject adds a dedicated yoga studio, business centre, kids' indoor play room, and spa & wellness centre while forgoing the squash and racquetball court and dining room found at the C tower. Against Cityplace Matrix B, the subject layers in a full aquatic suite (indoor pool, hot tub, jacuzzi), basketball court, tennis and pickleball court, and rooftop terrace that the Matrix B building does not provide. Fly Condominiums, built a decade later in 2013, lacks the indoor pool, hot tub, basketball court, tennis and pickleball court, and indoor soccer field present at the subject. Canada House – West Tower differentiates with a cold plunge pool, outdoor skating rink, dog run, pet wash station, and wine tasting room—niche wellness and pet features absent from the subject's roster. The subject's aquatic, court-sport, and multi-discipline fitness combination best serves active professionals and young families in the CityPlace / Fort York pocket who prioritize a full-service recreational environment without the ultra-luxury or pet-centric positioning of the 2025 Canada House product.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Apex at Cityplace (D).

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Basketball Court
  • Tennis & Pickleball Court
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • Library & Reading Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Kids' Play Room - Indoor
  • Spa & Wellness Centre
  • Indoor Soccer Field

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Apex at Cityplace (D).

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.