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Market Data as of August 31, 2026

The Twelve Hundred — Rental Market Data

5 Lakeview Ave, Toronto, Ontario M6J 0H3
Quick Rent Estimate
Active Suites7 Available
Type
Units
Avg Rent
2-Bedroom
3
$3,465
1-Bedroom
2
$2,350
1-Bedroom + Den
2
$2,550

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2025
Total Suites115
DeveloperFieldgate Urban

The Twelve Hundred at 5 Lakeview Ave in Toronto West is an established residential building completed by Fieldgate Urban in 2025 containing 115 total suites, featuring 7 active listings representing a 6.1 percent availability rate. Leasing activity shows a 90-day closed count of 5 leases averaging 20 days on the market, alongside a 30-day closed count of 1 unit averaging 15 days on the market.

Current active asking rents average $2,885 per month at $5.53 per square foot across an average of 529 square feet, comparing against realized 90-day leases averaging $2,440 per month at $4.99 per square foot across an average of 483 square feet, with active inventory skewing toward larger layouts while comparing against the submarket asking benchmark of $4.72 per square foot.

Marketing friction shows a closed 90-day days on market average of 20 days compared to 41 days for delisted units, while 16.7 percent of leases closed under asking, saving tenants an average of $25 per month, and inventory offers deep selection in 2-bedroom suites while 1-bedroom and 1-bedroom plus den units maintain scarce availability with only 2 listings each.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at The Twelve Hundred as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units7
+1 (16.7%)
Avg Asking Rent$2,885
-$64 (2.2%)
Avg Suite Size529 sf
-21 sf (3.9%)
Avg Days on Market51d
+24d (88.5%)
Avg Asking $/SF$5.53
+$0.12 (2.2%)

Active Market Insights & Questions

How has rental availability changed at The Twelve Hundred recently?

The Twelve Hundred features 7 active listings as of August 31, 2026, with asking rents spanning a range from $2,300 to $3,895 per month, an average asking rent of $2,885 per month, and a median asking rent of $2,600 per month. Active suites average 529 square feet with an asking rate of $5.53 per square foot, and inventory leans toward larger multi-bedroom executive layouts with 2-bedroom suites capturing the dominant share of current availability.

What floor plans and unit layouts are currently available at The Twelve Hundred?

The dominant active layout at The Twelve Hundred is the 2-Bedroom tier, accounting for 3 listings and a 42.9 percent inventory share. The building also offers 2 units of 1-Bedroom suites capturing a 28.6 percent share with an average rent of $2,350 per month across an average of 400 square feet at $5.88 per square foot, alongside 2 units of 1-Bedroom plus den suites representing a 28.6 percent share with an average rent of $2,550 per month across an average of 475 square feet at $5.49 per square foot. The dominant 2-Bedroom tier features an average rent of $3,465 per month and a median asking rent of $3,550 per month across an average of 650 square feet at $5.33 per square foot.

What is the average asking rent and $/SF by suite size at The Twelve Hundred?

The Twelve Hundred exhibits a minimum entry rent of $2,300 per month and a peak asking rent of $3,895 per month, creating a dollar spread of $1,595 per month and a percentage spread of 69.3 percent. The median asking rent sits at $2,600 per month. The entry-level suite comprises a 1-Bedroom layout spanning 400 square feet at an asking rate of $5.75 per square foot, while the peak suite is represented by a larger layout spanning 650 square feet at an asking rate of $5.99 per square foot.

How much extra do parking spaces and dens cost at The Twelve Hundred?

The Twelve Hundred requires an active den premium of $200 per month for an additional 75 square feet of interior space. This extra den space equates to a marginal cost of $2.67 per square foot. Active parking premium data cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at The Twelve Hundred compare to local and municipal benchmarks?

The Twelve Hundred asks an average rent of $2,885 per month at $5.53 per square foot, comparing against the Toronto West submarket average asking rent of $3,051 per month and an asking rate of $4.72 per square foot. The lower nominal monthly rent relative to submarket asking benchmarks is driven by more compact suite sizing. The building achieves a rate per square foot that is 17.2 percent above the submarket asking benchmark while holding 7 active listings out of a submarket total of 50 active listings.

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 The Twelve Hundred (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,300
Avg Leased Size483 sf
Avg Days to Lease15d
Leased $/SF$5.75

Leased Transaction Insights & Questions

How many suites were leased at The Twelve Hundred last month, and how fast did they rent?

At The Twelve Hundred, the 30-day average days on market is 15 days, the 90-day average days on market is 20 days, and the broader submarket benchmark sits at 23 days. Leasing turnover moderated over the summer months, transitioning from 1 closed lease in the spring, expanding to 4 closed leases during the peak summer period, and settling back to 1 closed lease over the final 30-day window out of 6 lifetime transactions.

What is the negotiation spread between asking rents and closed lease prices at The Twelve Hundred?

At The Twelve Hundred, tenants secured an average monthly discount of $25 per month, representing a 0.83% markdown below asking price and annual tenant savings of $300 per year. Exactly 16.7% of leases closed under asking, reflecting mild tenant negotiation leverage and landlord concessions in a competitive leasing environment.

What are typical executed lease prices across different layouts at The Twelve Hundred?

The highest-volume anchor layouts at The Twelve Hundred are 1-Bedroom suites averaging $2,300 per month with a 25-day days on market, and 1-Bedroom + Den suites averaging $2,475 per month with a 4-day days on market. For 1-Bedroom units, the closed count is 3 leases with an average rent of $2,300 per month, a median of $2,300 per month, a P25-P75 range of $2,250 to $2,350 per month, an average size of 432 square feet, $5.37 per square foot, and a small sample size representing a limited directional indicator. For 1-Bedroom + Den units, the closed count is 2 leases with an average rent of $2,475 per month, a median of $2,475 per month, a P25-P75 range of $2,462 to $2,488 per month, an average size of 475 square feet, $5.35 per square foot, and a small sample size acting as a directional reference. For 2-Bedroom suites, the closed count is 1 deal with an average and median rent of $2,850 per month, a P25-P75 range of $2,850 to $2,850 per month, an average size of 650 square feet, $4.38 per square foot, and a days on market of 22 days, 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 The Twelve Hundred?

At The Twelve Hundred, parking premium data is currently inconclusive due to insufficient paired lease data to isolate dedicated parking stalls. Parking amenities were typically bundled directly into suite agreements without separate line-item values recorded in the closed lease ledger. Active asking data similarly lacks reliable paired sample metrics to quantify separate parking premiums.

How does the lease-to-listing ratio at The Twelve Hundred reflect current tenant demand?

At The Twelve Hundred, average rents moved from $2,500 per month in the spring to $2,300 per month by late summer. In May 2026, 1 lease closed at an average rent of $2,500 per month, $6.25 per square foot, and 6 days on market. In June 2026, 4 leases closed at an average rent of $2,475 per month, $4.80 per square foot, and 21 days on market. In August 2026, 1 lease closed at an average rent of $2,300 per month, $5.75 per square foot, and 15 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$2,200
Avg Suite Size400 sf
Avg Days on Market41d
Delisted $/SF$5.50

De-Listed Market Analysis & Questions

How many listings de-listed at The Twelve Hundred, and what was their re-listing price compared to previous asking?

At The Twelve Hundred, exactly 1 unit was delisted, representing a 100% delisted-to-leased ratio consisting entirely of 1 terminated listing and zero expired or suspended listings. This indicates that exactly 1 listing was pulled for every successful lease closed during the tracking period.

How do asking prices on de-listed suites compare to executed leases and active listings at The Twelve Hundred?

At The Twelve Hundred, unrented units asked an average of $2,200 per month, which is $100 per month below realized lease averages nominally due to smaller average floor plans, but commanded a higher rate of $5.50 per square foot compared to the realized lease average of $5.20 per square foot.

What market friction causes rental listings to stall or de-list at The Twelve Hundred?

At The Twelve Hundred, delisted units recorded an average of 41 days on market compared to 17 days on market for successfully realized leases. This 26-day marketing excess represents nearly one full month of lost rental income plus ongoing monthly condo maintenance fees, illustrating the tangible carrying cost of unrented vacancy.

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
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)
2026-04-27224505134.7810
2026-04-28224505134.7811
2026-04-29224505134.7812
2026-04-30224505134.7813
2026-05-01224505134.7814
2026-05-02224505134.7815
2026-05-03224505134.7816
2026-05-04224505134.7817
2026-05-05224505134.7818
2026-05-06224505134.7819
2026-05-07224505134.7820
2026-05-08224505134.7821
2026-05-09224505134.7822
2026-05-10224505134.7823
2026-05-11224505134.7824
2026-05-12224505134.7825
2026-05-13324674755.2717
2026-05-14324674755.2718
2026-05-15224504485.5517
2026-05-16224504485.5518
2026-05-17224504485.5519
2026-05-18224504485.5520
2026-05-19227005734.7318
2026-05-20227005734.7319
2026-05-21227005734.7320
2026-05-22227005734.7321
2026-05-23227005734.7322
2026-05-24227005734.7323
2026-05-25227005734.7324
2026-05-26227005734.7325
2026-05-27227005734.7326
2026-05-28227005734.7327
2026-05-29227005734.7328
2026-05-30227005734.7329
2026-05-31227005734.7330
2026-06-01227005734.7331
2026-06-02227005734.7332
2026-06-03326175654.6422
2026-06-04326175654.6423
2026-06-05226005255.069
2026-06-06226005255.0610
2026-06-07226005255.0611
2026-06-08226005255.0612
2026-06-09226005255.0613
2026-06-10224004755.113
2026-06-11126005504.731
2026-06-12126005504.732
2026-06-13126005504.733
2026-06-14126005504.734
2026-06-15126005504.735
2026-06-16126005504.736
2026-06-17126005504.737
2026-06-18126005504.738
2026-06-19126005504.739
2026-06-20126005504.7310
2026-06-21126005504.7311
2026-06-22126005504.7312
2026-06-23126005504.7313
2026-06-24126005504.7314
2026-06-25126005504.7315
2026-06-26126005504.7316
2026-06-27333486175.396
2026-06-28333486175.397
2026-06-29333486175.398
2026-06-30333486175.399
2026-07-01333486175.3910
2026-07-02333486175.3911
2026-07-03432496255.189
2026-07-04432496255.1810
2026-07-05432496255.1811
2026-07-06432496255.1812
2026-07-07432496255.1813
2026-07-08432496255.1814
2026-07-09432496255.1815
2026-07-10432496255.1816
2026-07-11432496255.1817
2026-07-12432496255.1818
2026-07-13432496255.1819
2026-07-14432496255.1820
2026-07-15432496255.1821
2026-07-16432496255.1822
2026-07-17432496255.1823
2026-07-18432496255.1824
2026-07-19432496255.1825
2026-07-20432496255.1826
2026-07-21530395805.2421
2026-07-22530395805.2422
2026-07-23530395805.2423
2026-07-24530395805.2424
2026-07-25530395805.2425
2026-07-26530395805.2426
2026-07-27629495505.4123
2026-07-28629495505.4124
2026-07-29629495505.4125
2026-07-30629495505.4126
2026-07-31629495505.4127
2026-08-01728565295.4624
2026-08-02728565295.4625
2026-08-03728565295.4626
2026-08-04728565295.4627
2026-08-05728565295.4628
2026-08-06728565295.4629
2026-08-07728565295.4630
2026-08-08728565295.4631
2026-08-09728565295.4632
2026-08-10728565295.4633
2026-08-11728565295.4634
2026-08-12728565295.4635
2026-08-13927445005.5528
2026-08-14927445005.5529
2026-08-15927445005.5530
2026-08-16927445005.5531
2026-08-17927445005.5532
2026-08-18927445005.5533
2026-08-19927445005.5534
2026-08-20927445005.5535
2026-08-21927445005.5536
2026-08-22927445005.5537
2026-08-23927445005.5538
2026-08-24927445005.5539
2026-08-25927445005.5540
2026-08-26927445005.5541
2026-08-27927445005.5542
2026-08-28827995135.5346
2026-08-29827995135.5347
2026-08-30827995135.5348
2026-08-31728855295.5351

12-Month Market Dynamics & Trend Trajectory

The Twelve Hundred has achieved a lifetime leasing volume of 6 closed transactions with an average monthly rent of $2,450 per month, an average rate of $5.20 per square foot, and an average suite size of 483 square feet. Properties in this building experience an average of 17 days on market, reflecting steady tenant turnover and initial occupancy absorption across the 115-suite rental community. Transaction distribution shows that 16.7% of deals closed below asking price, while the remaining inventory settled at full asking price. Tenants negotiated an average monthly discount of $25 per month or 0.83% below asking, securing $300 in annual tenant savings and highlighting mild pricing flexibility for incoming renters.

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
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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)
2026-05-17125004006.256
2026-05-240N/AN/AN/AN/A
2026-05-31224255234.6528
2026-06-07225255254.9414
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23123004005.7515

Nearby Building Rental Comparables & Price Spreads

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

The Twelve Hundred at 5 Lakeview Ave sits alongside four direct competitor developments within a 0.44-kilometer radius, spanning completion years from 2007 to 2026. The immediate competitive set includes Abacus Lofts (1239 Dundas St W, completed in 2015, 0.1 km away, with 1 active listing), Argyle Authentic Lofts (183 Dovercourt Rd, completed in 2007, 0.37 km away, with 1 active listing), a property at 394 Dovercourt Road (completed in 2026, 0.41 km away, with 4 active listings), and 109OZ (109 Ossington Ave, completed in 2018, 0.44 km away, with 2 active listings). These properties reflect a mix of mid-2000s industrial conversions and contemporary infill architecture, establishing a diverse structural backdrop for the Toronto West submarket. Across this micro-market, comparable properties register an average lease rent of $2,413 per month, an average rate of $4.51 per square foot, and an average suite size of 538 square feet. The Twelve Hundred positions itself at the modern upper tier of this peer group, bringing newly completed 2025 construction to the West Queen West node. By delivering contemporary floor plans with high-specification finishes, the subject building achieves a premium rate per square foot relative to older surrounding assets, justified by modern energy efficiency, contemporary layouts, and brand-new common-space infrastructure.

1239 Dundas St W, Toronto

Avg Asking$2,600/mo
Avg $/SF$4.00
Rent Spread:
-$285/mo (-9.9%) Lower

183 Dovercourt Rd, Toronto

Avg Asking$2,900/mo
Avg $/SF$5.27
Rent Spread:
+$15/mo (+0.5%) Higher

394 Dovercourt Road, Toronto

Avg Asking$1,800/mo
Avg $/SF$4.50
Rent Spread:
-$1,085/mo (-37.6%) Lower
109OZ438 m

109 Ossington Ave, Toronto

Avg Asking$2,730/mo
Avg $/SF$4.54
Rent Spread:
-$155/mo (-5.4%) Lower

899 College St, Toronto

Avg Asking$5,300/mo
Avg $/SF$3.79
Rent Spread:
+$2,415/mo (+83.7%) Higher

897 College Street W, Toronto

Avg Asking$4,075/mo
Avg $/SF$4.88
Rent Spread:
+$1,190/mo (+41.2%) Higher

Comparable Analysis & Questions

How do rental rates at The Twelve Hundred compare to neighbouring buildings within Toronto West?

The Twelve Hundred achieves an average lease rent of $2,450 per month, aligning closely with the overall competitor average of $2,413 per month across key nearby competitor benchmarks. Individual competitor performance varies across the micro-market: Abacus Lofts at 1239 Dundas St W reports an average lease rent of $2,600 per month at $4.00 per square foot across an average of 650 square feet; Argyle Authentic Lofts at 183 Dovercourt Rd records an average lease rent of $2,800 per month at $5.09 per square foot across 550 square feet; the property at 394 Dovercourt Road logs an average lease rent of $1,800 per month at $4.50 per square foot across 400 square feet; and 109OZ at 109 Ossington Ave posts an average lease rent of $2,450 per month at $4.45 per square foot across 550 square feet.

Does The Twelve Hundred offer a competitive price-per-square-foot ($/SF) against local comparables?

The Twelve Hundred delivers a value proposition centered on brand-new construction and efficient layout design, leasing at an average of $5.20 per square foot across an average suite size of 483 square feet compared to broader submarket alternatives. Renters weighing options in the immediate area trade slightly more compact indoor footprints—such as the 650 square foot average found at Abacus Lofts—for modern construction efficiencies, reduced utility overhead, and contemporary interior detailing. While older neighborhood alternatives like Argyle Authentic Lofts offer larger historical floor plans averaging 550 square feet at $5.09 per square foot, The Twelve Hundred captures demand from tenants prioritizing contemporary build quality, functional layout engineering, and brand-new building systems.

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

The Twelve Hundred delivers an extensive lifestyle and amenity program featuring a Concierge & Security service, a Gym & Fitness Centre, a Party & Lounge Room, a Meeting Room, a Business Centre, a Media & Theatre Room, a Games & Billiards Room, a BBQ Area, and a Rooftop Terrace. When contrasted against nearby peers, the building surpasses older assets like Abacus Lofts, which features a BBQ Area, Concierge & Security, and Rooftop Terrace, as well as Argyle Authentic Lofts, which provides a BBQ Area, Garden & Courtyard, and Concierge & Security. Furthermore, The Twelve Hundred matches the comprehensive offering at 109OZ—which includes Concierge & Security, Party & Lounge Room, Meeting Room, BBQ Area, Rooftop Terrace, Gym & Fitness Centre, and Dining Room & Kitchen—while offering superior modern finishes. This robust amenity package particularly serves urban professionals and tech-sector tenants who value turnkey wellness and remote-work infrastructure within a newly constructed residential community.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Twelve Hundred.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Twelve Hundred.

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.