Market Data as of August 31, 2026
Queen's Harbour — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Queen's Harbour at 600 Queens Quay W in Toronto's Harbourfront neighbourhood is a 276-suite residential tower completed in 2000 by Monarch Group and Urbancorp. As of August 31, 2026, the building is fully occupied with zero units currently listed for rent, placing its availability rate at 0 percent. Recent leasing activity shows two closed leases in the trailing 30 days at an average of $2,500 per month and six closed leases over the past 90 days averaging $2,621 per month, with average days on market of 6 and 9 respectively.
With no active listings to benchmark, the building's realized lease data provides the clearest pricing signal. The all-time average lease rent of $2,604 per month translates to $3.94 per square foot across an average suite footprint of 642 square feet, which sits 8.6 percent below the Harbourfront submarket's average realized rate of $4.44 per square foot. The submarket's average asking rent of $3,992 per month and asking rate of $5.52 per square foot reflect a broader inventory that includes larger executive layouts, whereas Queen's Harbour's historical leases skew toward compact one-bedroom configurations.
Marketing friction at Queen's Harbour is notably low: the building has recorded zero delisted, terminated, or expired listings, and its closed-lease days on market of 6 to 9 days compare favourably against the Harbourfront submarket average of 23 days. Landlords in this building have demonstrated pricing power, achieving an average premium of $57 per month, or 2.7 percent above asking, across all tracked closed transactions. Renter interest is directed toward the broader Harbourfront submarket, where 34 active listings remain available, as Queen's Harbour currently offers no on-market inventory.
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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 Queen's Harbour (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Queen's Harbour last month, and how fast did they rent?
Queen's Harbour closed 2 leases in the trailing 30 days at a 6-day DOM, compared to 6 closings over 90 days at a 9-day DOM, against a Harbourfront submarket benchmark of 23 days. The building logged 7 total leases over the trailing year, with no lifetime volume beyond that window. Leasing cadence accelerated in the most recent 30-day window relative to the 90-day average, though absolute volume remains modest for a 276-suite building.
What is the negotiation spread between asking rents and closed lease prices at Queen's Harbour?
Queen's Harbour tenants paid an average premium of $57 per month (2.7% above asking) across tracked leases, translating to $684 per year in additional landlord revenue. This landlord-favorable outcome confirms units consistently closed at or above the listed rate, reflecting strong pricing leverage in the Harbourfront micro-market. No leases settled below asking in this dataset.
What are typical executed lease prices across different layouts at Queen's Harbour?
The two highest-volume anchor layouts at Queen's Harbour are the 1-Bedroom and 1-Bedroom + Den, each accounting for 42.9% of tracked leases. The 1-Bedroom tier averaged $2,242 per month (median $2,275, P25–P75 range $2,112 to $2,388) across 567 square feet at $4.07 per square foot with a 9-day DOM; this is a limited sample of 3 closed leases and serves as a directional indicator only. The 1-Bedroom + Den tier averaged $2,717 per month (median $2,600, P25–P75 range $2,550 to $2,825) across 717 square feet at $3.80 per square foot with a 9-day DOM; this is also a limited sample of 3 closed leases and a directional indicator only. The 2-Bedroom + Den recorded a single transaction at $3,350 per month with a 5-day DOM; this represents an individual single transaction, not a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Queen's Harbour?
Queen's Harbour realized a verified parking premium of $50 per month on leased units. Active asking parking rates cannot be reliably isolated due to insufficient paired sample data, so no direct comparison can be drawn. The $50 verified premium suggests parking is bundled into suite pricing rather than listed as a standalone line item in most transactions.
How does the lease-to-listing ratio at Queen's Harbour reflect current tenant demand?
Queen's Harbour rents held relatively flat across the May-to-August 2026 timeline, ranging from $2,500 to $2,708 per month. In May, 1 lease closed at $2,500 per month ($3.33 per square foot) with a 6-day DOM. June saw 3 closings averaging $2,708 per month ($3.67 per square foot) at a 10-day DOM. July recorded 1 lease at $2,600 per month ($4.00 per square foot) with a 14-day DOM. August closed 2 leases at $2,500 per month ($4.47 per square foot) with a 6-day DOM. The nominal rent dip from June through August reflects compact suite footprints in the later months rather than property devaluation, as the rate per square foot actually climbed from $3.67 to $4.47 over that span.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 2500 | 750 | 3.33 | N/A |
| 2026-04-28 | 1 | 2500 | 750 | 3.33 | 1 |
| 2026-04-29 | 1 | 2500 | 750 | 3.33 | 2 |
| 2026-04-30 | 1 | 2500 | 750 | 3.33 | 3 |
| 2026-05-01 | 1 | 2500 | 750 | 3.33 | 4 |
| 2026-05-02 | 1 | 2500 | 750 | 3.33 | 5 |
| 2026-05-23 | 1 | 2500 | 650 | 3.85 | N/A |
| 2026-05-24 | 1 | 2500 | 650 | 3.85 | 1 |
| 2026-05-25 | 1 | 2500 | 650 | 3.85 | 2 |
| 2026-05-26 | 1 | 2500 | 650 | 3.85 | 3 |
| 2026-05-27 | 1 | 2500 | 650 | 3.85 | 4 |
| 2026-05-28 | 1 | 2500 | 650 | 3.85 | 5 |
| 2026-05-29 | 1 | 2500 | 650 | 3.85 | 6 |
| 2026-05-30 | 1 | 2500 | 650 | 3.85 | 7 |
| 2026-05-31 | 1 | 2500 | 650 | 3.85 | 8 |
| 2026-06-01 | 1 | 2500 | 650 | 3.85 | 9 |
| 2026-06-02 | 1 | 2500 | 650 | 3.85 | 10 |
| 2026-06-03 | 1 | 2500 | 650 | 3.85 | 11 |
| 2026-06-04 | 2 | 2950 | 525 | 6.17 | 6 |
| 2026-06-05 | 2 | 2950 | 525 | 6.17 | 7 |
| 2026-06-06 | 2 | 2950 | 525 | 6.17 | 8 |
| 2026-06-07 | 2 | 2950 | 525 | 6.17 | 9 |
| 2026-06-08 | 1 | 3400 | 400 | 8.50 | 4 |
| 2026-06-18 | 1 | 2600 | 650 | 4.00 | N/A |
| 2026-06-19 | 1 | 2600 | 650 | 4.00 | 1 |
| 2026-06-20 | 1 | 2600 | 650 | 4.00 | 2 |
| 2026-06-21 | 1 | 2600 | 650 | 4.00 | 3 |
| 2026-06-22 | 2 | 2438 | 650 | 3.75 | 2 |
| 2026-06-23 | 2 | 2438 | 650 | 3.75 | 3 |
| 2026-06-24 | 2 | 2438 | 650 | 3.75 | 4 |
| 2026-06-25 | 2 | 2438 | 650 | 3.75 | 5 |
| 2026-06-26 | 2 | 2438 | 650 | 3.75 | 6 |
| 2026-06-27 | 2 | 2438 | 650 | 3.75 | 7 |
| 2026-06-28 | 2 | 2438 | 650 | 3.75 | 8 |
| 2026-06-29 | 2 | 2438 | 650 | 3.75 | 9 |
| 2026-06-30 | 1 | 2600 | 650 | 4.00 | 12 |
| 2026-07-01 | 1 | 2600 | 650 | 4.00 | 13 |
| 2026-08-05 | 1 | 2800 | 750 | 3.73 | N/A |
| 2026-08-06 | 1 | 2800 | 750 | 3.73 | 1 |
| 2026-08-07 | 1 | 2800 | 750 | 3.73 | 2 |
| 2026-08-08 | 1 | 2800 | 750 | 3.73 | 3 |
| 2026-08-09 | 1 | 2800 | 750 | 3.73 | 4 |
| 2026-08-10 | 1 | 2800 | 750 | 3.73 | 5 |
| 2026-08-11 | 1 | 2800 | 750 | 3.73 | 6 |
| 2026-08-21 | 1 | 1750 | 400 | 4.38 | N/A |
| 2026-08-22 | 1 | 1750 | 400 | 4.38 | 1 |
| 2026-08-23 | 1 | 1750 | 400 | 4.38 | 2 |
| 2026-08-24 | 1 | 1750 | 400 | 4.38 | 3 |
12-Month Market Dynamics & Trend Trajectory
Queen's Harbour realized an average lease of $2,604 per month at $3.94 per square foot, trading 8.6% below the Harbourfront submarket lease rate of $4.44 per square foot and $396 per month below the submarket average of $3,000. The building's 642-square-foot average suite size positions it as a compact offering relative to the submarket implied asking size of 723 square feet, which partially explains the lower nominal rent despite competitive per-square-foot pricing. Across all 7 tracked leases, tenants paid an average premium of $57 per month (2.7% above asking), generating $684 per year in additional landlord revenue. This landlord-favorable negotiation pattern indicates strong pricing discipline, with units consistently clearing at or above the listed rate rather than requiring concessions to close.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 2500 | 750 | 3.33 | 6 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 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 | 2 | 2925 | 525 | 6.11 | 11 |
| 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 | 2 | 2438 | 650 | 3.75 | 11 |
| 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 | 1 | 3050 | 750 | 4.07 | 7 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 1 | 1950 | 400 | 4.88 | 4 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Queen's Harbour at 600 Queens Quay W sits within a tight 150-metre radius of four active competitors, all of which recorded closed lease transactions over the trailing 180 days. The closest peer, Panorama (Cityplace) at 38 Dan Leckie Way (0.09 km, completed 2010), logged 16 closed leases, while 550 Queen's Quay West (0.1 km, completed 2001) recorded 5. Slightly farther out, The LakeShore – West Tower at 19 Bathurst St (0.15 km, completed 2021) generated the heaviest volume with 39 closed leases, and Atrium on Queens Quay at 650 Queens Quay W (0.15 km, completed 2000) closed 7. The competitive set spans two distinct structural generations: the 2000–2001 cohort (Queen's Harbour, 550 Queen's, Atrium) and the 2010–2021 cohort (Panorama, LakeShore), with the latter introducing larger amenity footprints and, in LakeShore's case, an indoor pool and full pet-facility suite that the earlier buildings do not match. Against the four-comp benchmark of $2,656 average rent, $4.19 per square foot, and 648 average square feet, Queen's Harbour's realized lease profile of $2,604 per month at $3.94 per square foot across 642 square feet positions the building at a modest discount on both rate and footprint relative to the immediate pocket. The subject's 276-suite scale and 2000 completion date place it squarely in the mid-tier of this micro-market: larger in interior space than LakeShore (566 sq ft) and Atrium (571 sq ft), yet materially smaller than 550 Queen's Quay West (800 sq ft). The building's value proposition rests on delivering a full wellness and social amenity package—yoga studio, hot tub, sauna, library, and rooftop terrace—at a per-square-foot rate that undercuts the submarket leased benchmark of $4.44 per square foot by roughly 8.6 percent.
Comparable Analysis & Questions
How do rental rates at Queen's Harbour compare to neighbouring buildings within Harbourfront?
Queen's Harbour's average realized lease rent of $2,604 per month sits $52 below the four-comp benchmark of $2,656, with the spread driven primarily by the premium pricing at 550 Queen's Quay West. Panorama (Cityplace) at 38 Dan Leckie Way, 0.09 km away, recorded 16 closed leases at an average of $2,608 per month ($4.04 per square foot, 656 sq ft), placing the subject just $4 lower in nominal rent. 550 Queen's Quay West, 0.1 km away, closed 5 leases at $3,136 per month ($3.94 per square foot, 800 sq ft), meaning the subject trades at a $532-per-month discount to that building. The LakeShore – West Tower at 19 Bathurst St, 0.15 km away, generated 39 closed leases at $2,522 per month ($4.52 per square foot, 566 sq ft), so the subject commands a $82-per-month higher rent than this competitor. Atrium on Queens Quay at 650 Queens Quay W, also 0.15 km away, closed 7 leases at $2,357 per month ($4.25 per square foot, 571 sq ft), with the subject realizing $247 more per month than Atrium.
Does Queen's Harbour offer a competitive price-per-square-foot ($/SF) against local comparables?
Queen's Harbour leases at $3.94 per square foot across an average 642 square feet, trading at a discount below three of four active nearby alternatives while matching 550 Queen's Quay West on a per-square-foot basis. Against Panorama (Cityplace), the subject offers a $0.10 per square foot (2.5 percent) discount and provides 14 fewer interior square feet, so the near-identical nominal rent reflects a slightly tighter suite rather than a rate premium. Versus 550 Queen's Quay West, the subject holds identical per-square-foot pricing but delivers 158 fewer interior square feet, which fully explains the $532 lower monthly rent—the variance is a footprint difference, not an asset-valuation gap. The LakeShore – West Tower charges $4.52 per square foot for 566 sq ft, and the subject trades at a $0.58 per square foot (12.8 percent) discount while providing 76 more interior square feet; the $82 higher nominal rent is therefore a function of the larger suite, not a per-unit premium. Atrium on Queens Quay lists at $4.25 per square foot for 571 sq ft, and the subject offers a $0.31 per square foot (7.3 percent) discount with 71 more interior square feet, again making the $247 higher rent a space-driven outcome rather than a rate advantage.
How do building age, amenities, and developer reputation impact rent spreads?
Queen's Harbour fields a 12-item amenity suite that includes a yoga studio, hot tub and jacuzzi, sauna and steam room, library and reading room, and games and billiards room—features that collectively outpace Atrium on Queens Quay and 550 Queen's Quay West on lifestyle breadth. Atrium offers only a garden courtyard and waterfall beyond its core gym, party room, meeting room, BBQ, and rooftop terrace, leaving it without the wellness and social programming the subject provides. 550 Queen's Quay West adds a tennis and pickleball court and record room but omits the yoga studio, games room, and library found at Queen's Harbour. Panorama (Cityplace) matches the subject on most wellness items but layers in a business centre, pets area, fireplace, and media theatre room that the subject does not carry. The LakeShore – West Tower is the most amenity-dense competitor, adding an indoor pool, kickboxing and martial arts room, outdoor golf putting, dog run, pet wash station, children's playground, and heated stone loungers—facilities absent from Queen's Harbour. The subject's package best serves the professional renter who prioritizes a full wellness and social floor (yoga, hot tub, sauna, library, rooftop terrace) without the family-oriented or pet-centric infrastructure that defines the 2021 LakeShore build, positioning Queen's Harbour as the mid-range lifestyle option for dual-income households and young professionals in the Harbourfront pocket.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Queen's Harbour.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Library & Reading Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
Residential Buildings in the Vicinity
- Panorama (Cityplace)95 m
- 550 Queen's Quay West98 m
- Atrium on Queens Quay152 m
- The LakeShore - West Tower155 m
- Quartz189 m
- The LakeFront - LakeShore East Tower203 m
- Harbourfront220 m
- LTD229 m
- 500 Queen's Quay West233 m
- Forward235 m
- Spectra248 m
- The Yards at Fort York251 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Queen's Harbour.
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.