Sugar Wharf - West Tower — Rental Market Data

Sugar Wharf - West Tower has 9 active listings as of August 31, 2026, with asking prices ranging from $1,650 per month to $5,800 per month, an average asking rent of $3,156 per month, and a median asking rent of $2,700 per month. Active suites average 807 square feet at an asking rate of $4.09 per square foot, featuring a dominant 1-Bedroom + Den layout share of 44.4 percent. The active inventory leans toward larger multi-bedroom and den configurations rather than compact entry-level floor plans.

The dominant active layout at Sugar Wharf - West Tower is the 1-Bedroom + Den, accounting for 4 units and a 44.4 percent inventory share with an average rent of $2,688 per month across an average of 654 square feet at $4.11 per square foot. Standard 1-Bedroom suites comprise 2 units representing a 22.2 percent share, averaging $2,000 per month across 625 square feet at $3.91 per square foot. Meanwhile, 3-Bedroom+ layouts encompass 2 units totaling a 22.2 percent share, commanding an average rent of $5,200 per month across 1,325 square feet at $4.13 per square foot, while the sole 2-Bedroom listing represents an 11.1 percent share at $3,250 per month across 750 square feet at $4.33 per square foot.

Sugar Wharf - West Tower exhibits a minimum entry rent of $1,650 per month and a peak asking rent of $5,800 per month, creating a dollar spread of $4,150 and a percentage spread of 251.5 percent. Median asking rent stands at $2,700 per month across the building's active inventory. The entry-level suite is a 1-Bedroom spanning 850 square feet priced at $1.94 per square foot, whereas the peak suite is a 3-Bedroom+ spanning 1,700 square feet priced at $3.41 per square foot.

Sugar Wharf - West Tower features an active den premium of $688 per month associated with a square footage delta of 29 square feet. The marginal cost for this extra den space calculates to $23.72 per square foot. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, meaning parking costs cannot be definitively established from current listings.

Sugar Wharf - West Tower asks an average rent of $3,156 per month at $4.09 per square foot, comparing favorably to the broader Harbourfront submarket asking average of $3,992 per month at $5.52 per square foot. The lower nominal monthly rent and rate per square foot reflect the building's active inventory profile, resulting in a square foot rate that sits 25.9 percent below submarket asking benchmarks while capturing 26.5 percent of submarket active inventory.

Sugar Wharf - West Tower achieves an average lease rent of $2,805 per month, closely tracking the overall competitive benchmark average of $2,845 per month across its primary peer group. Sugar Wharf - East Tower at 138 Downes St reports an average lease rent of $2,885 per month, an average square footage of 676 square feet, and a rate of $4.49 per square foot. Waterfront - Lighthouse Tower at 15 Lower Jarvis St records an average lease rent of $2,793 per month, an average size of 610 square feet, and a rate of $4.77 per square foot. The Prestige at One Yonge at 28 Freeland St averages $2,923 per month across 700 square feet at $4.17 per square foot. Finally, Market Wharf at 1-3 Market St logs an average lease rent of $2,779 per month across 641 square feet at $4.41 per square foot.

Sugar Wharf - West Tower provides a compelling value proposition by balancing an average leased rate of $4.53 per square foot with an average suite size of 641 square feet against the broader micro-market benchmark of $4.46 per square foot and 657 square feet. Renters at Sugar Wharf - West Tower trade off slightly more compact, highly optimized modern floor plans for state-of-the-art building systems and contemporary interior finishes. For instance, while older alternatives like Market Wharf at 1-3 Market St offer comparable sizing at 641 square feet for $4.41 per square foot, and mass-scale peers like The Prestige at One Yonge deliver larger 700-square-foot footprints at a lower $4.17 per square foot, Sugar Wharf - West Tower captures tenant demand by offering brand-new construction efficiency that minimizes utility burdens and maximizes daily living utility in the Harbourfront submarket.

Sugar Wharf - West Tower delivers an extensive, resort-grade lifestyle and amenity profile that easily matches or exceeds the offerings found across competing Harbourfront developments. Standout signature features at Sugar Wharf - West Tower include an indoor pool, a dedicated spin studio, a fully equipped business centre, an interactive kids' play room, and an outdoor basketball court. These amenities provide a broader recreational and wellness variety than older benchmarks like Market Wharf at 1-3 Market St, which relies on a more standard fitness centre, yoga studio, and party room configuration. Compared to modern peers like Sugar Wharf - East Tower and The Prestige at One Yonge, which feature similar wellness infrastructure, Sugar Wharf - West Tower distinguishes itself with specialized spaces like its indoor hammock lounge and multi-purpose hobby rooms. This robust amenity ecosystem is ideally tailored for young professionals, couples, and urban families seeking a comprehensive, active, and community-oriented downtown living experience.