Market Data as of August 31, 2026
490 Queen Street W — Rental Market Data
Last Lease
StudioBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
490 Queen Street W is a residential community located in Toronto, Ontario. The property features an estimated various suites. While there are currently no active rental listings on the market, historical records show 1 closed lease transactions with an average realized rent of $1,650/month ($4.13/SF).
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Last Realized Lease
Transaction metrics for the most recently leased suite
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 490 Queen Street W (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at 490 Queen Street W last month, and how fast did they rent?
Over For the month of August 2026, 1 residential lease transaction closed at 490 Queen Street W, leasing in an average of 3 days on market.
What is the negotiation spread between asking rents and closed lease prices at 490 Queen Street W?
Completed lease contracts averaged $1,650/month, compared to active asking rents of $0/month, reflecting a spread of $0/month (0.0%).
What are typical executed lease prices across different layouts at 490 Queen Street W?
Executed lease contracts averaged $1,650/month ($4.13/SF) across closed suites.
What measurable rent premium did suites with parking achieve in closed leases at 490 Queen Street W?
Dedicated parking stalls continue to command tangible contract premiums in finalized lease agreements.
How does the lease-to-listing ratio at 490 Queen Street W reflect current tenant demand?
Absorption velocity remains active, demonstrating steady tenant turnaround across modern suite sizes.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 1 | 1650 | 385 | 4.29 | 55 |
| 2026-04-28 | 1 | 1650 | 385 | 4.29 | 56 |
| 2026-04-29 | 1 | 1650 | 385 | 4.29 | 57 |
| 2026-04-30 | 1 | 1650 | 385 | 4.29 | 58 |
| 2026-05-01 | 1 | 1650 | 385 | 4.29 | 59 |
| 2026-05-02 | 1 | 1650 | 385 | 4.29 | 60 |
| 2026-05-03 | 1 | 1650 | 385 | 4.29 | 61 |
| 2026-05-04 | 1 | 1650 | 385 | 4.29 | 62 |
| 2026-05-05 | 2 | 2323 | 743 | 3.50 | 32 |
| 2026-05-06 | 2 | 2323 | 743 | 3.50 | 33 |
| 2026-05-07 | 2 | 2323 | 743 | 3.50 | 34 |
| 2026-05-08 | 2 | 2323 | 743 | 3.50 | 35 |
| 2026-05-09 | 2 | 2323 | 743 | 3.50 | 36 |
| 2026-05-10 | 2 | 2323 | 743 | 3.50 | 37 |
| 2026-05-11 | 2 | 2323 | 743 | 3.50 | 38 |
| 2026-05-12 | 2 | 2323 | 743 | 3.50 | 39 |
| 2026-05-13 | 2 | 2323 | 743 | 3.50 | 40 |
| 2026-05-14 | 2 | 2323 | 743 | 3.50 | 41 |
| 2026-05-15 | 2 | 2323 | 743 | 3.50 | 42 |
| 2026-05-16 | 2 | 2323 | 743 | 3.50 | 43 |
| 2026-05-17 | 2 | 2323 | 743 | 3.50 | 44 |
| 2026-05-18 | 2 | 2323 | 743 | 3.50 | 45 |
| 2026-05-19 | 2 | 2323 | 743 | 3.50 | 46 |
| 2026-05-20 | 1 | 1650 | 385 | 4.29 | 78 |
| 2026-05-21 | 1 | 1650 | 385 | 4.29 | 79 |
| 2026-05-22 | 1 | 1650 | 385 | 4.29 | 80 |
| 2026-05-23 | 1 | 1650 | 385 | 4.29 | 81 |
| 2026-05-24 | 1 | 1650 | 385 | 4.29 | 82 |
| 2026-05-25 | 1 | 1650 | 385 | 4.29 | 83 |
| 2026-05-26 | 1 | 1650 | 385 | 4.29 | 84 |
| 2026-05-27 | 1 | 1650 | 385 | 4.29 | 85 |
| 2026-05-28 | 1 | 1650 | 385 | 4.29 | 86 |
| 2026-05-29 | 1 | 1650 | 385 | 4.29 | 87 |
| 2026-05-30 | 1 | 1650 | 385 | 4.29 | 88 |
| 2026-05-31 | 1 | 1650 | 385 | 4.29 | 89 |
| 2026-08-18 | 1 | 1650 | 400 | 4.13 | N/A |
| 2026-08-19 | 1 | 1650 | 400 | 4.13 | 1 |
| 2026-08-20 | 1 | 1650 | 400 | 4.13 | 2 |
12-Month Market Dynamics & Trend Trajectory
Over the trailing 12-month period, rental market metrics at 490 Queen Street W reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.
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) |
|---|---|---|---|---|---|
| 2026-05-17 | 1 | 3000 | 1100 | 2.73 | 15 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 1 | 1650 | 400 | 4.13 | 3 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Comparing rental asking rates and price-per-square-foot ($/SF) at 490 Queen Street W with 6 tracked residential buildings in the immediate vicinity.
Comparable Analysis & Questions
How do rental rates at 490 Queen Street W compare to neighbouring buildings within Downtown West?
At $0/month ($0.00/SF), 490 Queen Street W maintains a competitive market position compared to surrounding properties.
Does 490 Queen Street W offer a competitive price-per-square-foot ($/SF) against local comparables?
Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.
How do building age, amenities, and developer reputation impact rent spreads?
Modern building amenities, concierge services, and construction vintage contribute to rent spreads between 490 Queen Street W and neighbouring options.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around 490 Queen Street W.
Building Amenities
- Shared Laundry Room
Residential Buildings in the Vicinity
- Queen and Portland98 m
- Rush122 m
- 533 Richmond131 m
- Waterworks157 m
- 543 Richmond162 m
- Cityscape Terrace176 m
- 436 Queen W183 m
- The Harlowe205 m
- 566 Queen W210 m
- 123 Portland213 m
- The Sylvia230 m
- Soho Condos252 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for 490 Queen Street W.
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.