Market Data as of August 31, 2026
Tip Top Lofts — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Tip Top Lofts at 637 Lake Shore Blvd W in Toronto's Harbourfront submarket is a 256-suite residential building completed in 2006 by Context Development Inc. As of August 31, 2026, the tower carries a single active listing, representing a 0.4 percent availability rate across its full inventory. Recent leasing activity shows one closed lease in the trailing 30 days at an average of $3,900 per month with a 15-day time on market, and three closed leases over the past 90 days averaging $3,367 per month with a 13-day absorption pace.
The lone active suite asks $2,700 per month at 550 square feet, translating to $4.91 per square foot—meaningfully higher than the 90-day realized rate of $3.77 per square foot on an average lease of $3,367 per month. The nominal monthly rent sits below the 90-day lease average because the current listing's 550-square-foot footprint is 258 square feet more compact than the 808-square-foot average across all tracked historical leases. Against the broader Harbourfront asking benchmark of $5.52 per square foot, Tip Top Lofts' active rate runs 11.1 percent below the submarket standard.
Marketing friction at this building warrants attention: the active listing has sat on market for 74 days, more than triple the Harbourfront submarket average of 23 days, and despite zero delisted or expired listings in the record, that prolonged exposure signals leasing deceleration rather than a clean, fast-turning pipeline. Across all five tracked closed leases, tenants negotiated an average concession of $140 per month, or 4.57 percent below asking, with 80 percent of deals closing under the initial list price—a pattern that favours renters in this building's negotiation dynamics. With only one unit available and no alternative layout tiers on the market, prospective renters face a single-option constraint and should weigh the 74-day DOM against the submarket's faster absorption before committing.
Get Monthly Rental Market Updates for Tip Top Lofts
Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.
Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Tip Top Lofts as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Tip Top Lofts recently?
Tip Top Lofts has exactly one active listing as of August 31, 2026, asking $2,700 per month with no spread between minimum and maximum rent. The available suite measures 550 square feet at an asking rate of $4.91 per square foot, and the 100 percent layout share belongs to a single 1-Bedroom + Den configuration. With only one unit on the market, inventory is neither skewed toward compact entry-level suites nor multi-bedroom executive layouts—it is a singular, mid-range offering in a 256-suite tower.
What floor plans and unit layouts are currently available at Tip Top Lofts?
The sole active layout at Tip Top Lofts is a 1-Bedroom + Den, representing 100 percent of available inventory with one listing. That unit asks $2,700 per month across 550 square feet at $4.91 per square foot, and no other bedroom tier—whether studio, two-bedroom, or three-bedroom—currently has any active availability. Renter choice is effectively limited to this single configuration or a search across the 33 other active listings in the Harbourfront submarket.
What is the average asking rent and $/SF by suite size at Tip Top Lofts?
Tip Top Lofts shows a minimum and maximum asking rent of $2,700 per month, producing a dollar spread of zero and a percentage spread of zero percent because only one unit is listed. The entry-level and peak suite are the same 1-Bedroom + Den at 550 square feet and $4.91 per square foot, so there is no internal price gradient to evaluate. Renter pricing flexibility within this building therefore depends entirely on negotiation rather than selecting between differently priced tiers.
How much extra do parking spaces and dens cost at Tip Top Lofts?
Tip Top Lofts does not have a quantified den premium or square-footage delta for its active listing, as the single 1-Bedroom + Den unit cannot be paired with a comparable den-less suite to isolate marginal cost. Parking stall premiums at this building also cannot be reliably isolated from the available data, and no verified monthly parking add-on should be assumed when budgeting. Renters interested in either amenity should request itemized pricing directly from the leasing office.
How do asking rents at Tip Top Lofts compare to local and municipal benchmarks?
Tip Top Lofts' active asking rent of $2,700 per month sits well below the Harbourfront submarket average asking rent of $3,992 per month, and its $4.91 per square foot rate trails the submarket asking benchmark of $5.52 per square foot by 11.1 percent. The lower nominal rent is explained by suite size: the active unit's 550 square feet is 173 square feet smaller than the submarket implied average of 723 square feet, so the per-square-foot comparison is the more accurate measure of relative value. Tip Top Lofts accounts for 1 out of 34 active listings in the Harbourfront submarket, a 2.9 percent share of available inventory.
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 Tip Top Lofts (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Tip Top Lofts last month, and how fast did they rent?
Tip Top Lofts at 637 Lake Shore Blvd W recorded a 15-day average DOM in the trailing 30 days, a 13-day average over 90 days, against a Harbourfront submarket benchmark of 23 days. The building closed one lease in the last 30 days, three in the last 90 days, and five over the full trailing year. Leasing cadence accelerated sharply in the most recent month, with the single August closing clearing in 15 days versus the 34-day average seen in May. Overall, turnover remains modest at five lifetime tracked leases across 256 suites, but the sub-20-day DOM window signals that when units hit the market, they move faster than the Harbourfront norm.
What is the negotiation spread between asking rents and closed lease prices at Tip Top Lofts?
Tip Top Lofts tenants negotiated an average discount of $140 per month (4.57% below asking), translating to $1,680 in annual savings per unit across tracked leases. Four of five closed leases—80%—settled below the landlord's original asking price, confirming meaningful tenant leverage in this micro-market. The net negotiation spread of -$140 per month reflects a consistent pattern of landlord concessions rather than isolated outliers. At this sample size of five transactions, the discount pattern serves as a directional indicator of tenant bargaining power in the Harbourfront submarket.
What are typical executed lease prices across different layouts at Tip Top Lofts?
The 1-Bedroom layout dominates Tip Top Lofts leasing volume with three closed leases averaging $2,933 per month and a 14-day DOM, while the 1-Bedroom + Den tier accounts for two leases at $3,450 per month with a 32-day DOM. The 1-Bedroom tier (small sample of three) shows a median of $2,600, a P25–P75 range of $2,500 to $3,200, an average suite size of 783 square feet, a rate of $3.83 per square foot, and a 14-day DOM. The 1-Bedroom + Den tier (small sample of two) carries a median of $3,450, a P25–P75 range of $3,225 to $3,675, an average size of 845 square feet, a rate of $4.07 per square foot, and a 32-day DOM. Both tiers represent limited samples and should be treated as directional references rather than broad statistical benchmarks.
What measurable rent premium did suites with parking achieve in closed leases at Tip Top Lofts?
Tip Top Lofts does not have sufficient paired lease data to isolate a reliable parking premium, and the single active listing's parking figure is flagged as an unreliable outlier. No verified parking surcharge can be quoted from the five tracked leases. The active 1-Bedroom + Den listing at $2,700 per month does not provide a clean parking-bundled comparison against closed deals. Prospective tenants should request itemized parking fees directly from the leasing office, as the platform cannot confirm a standardized monthly parking add-on for this building.
How does the lease-to-listing ratio at Tip Top Lofts reflect current tenant demand?
Tip Top Lofts shows a clear upward rent trajectory across the tracked May-to-August 2026 window, climbing from $2,800 to $3,900 per month. In May, two leases closed at an average of $2,800 per month and $4.17 per square foot with a 34-day DOM. By July, two additional leases cleared at $3,100 per month and $3.57 per square foot in just 13 days; the lower per-square-foot rate reflects larger suite footprints rather than any devaluation. August brought a single closing at $3,900 per month and $4.15 per square foot with a 15-day DOM, confirming that the highest nominal rent paired with a tighter per-square-foot rate as smaller units absorbed the premium.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 2 | 3075 | 675 | 4.57 | 18 |
| 2026-04-28 | 2 | 3075 | 675 | 4.57 | 19 |
| 2026-04-29 | 2 | 3075 | 675 | 4.57 | 20 |
| 2026-04-30 | 2 | 3075 | 675 | 4.57 | 21 |
| 2026-05-01 | 2 | 3075 | 675 | 4.57 | 22 |
| 2026-05-02 | 2 | 3075 | 675 | 4.57 | 23 |
| 2026-05-03 | 2 | 3075 | 675 | 4.57 | 24 |
| 2026-05-04 | 2 | 3075 | 675 | 4.57 | 25 |
| 2026-05-05 | 2 | 3075 | 675 | 4.57 | 26 |
| 2026-05-06 | 1 | 3350 | 750 | 4.47 | 35 |
| 2026-05-07 | 1 | 3350 | 750 | 4.47 | 36 |
| 2026-05-08 | 1 | 3350 | 750 | 4.47 | 37 |
| 2026-05-09 | 1 | 3350 | 750 | 4.47 | 38 |
| 2026-05-10 | 1 | 3350 | 750 | 4.47 | 39 |
| 2026-05-11 | 1 | 3350 | 750 | 4.47 | 40 |
| 2026-05-12 | 1 | 3350 | 750 | 4.47 | 41 |
| 2026-05-13 | 1 | 3350 | 750 | 4.47 | 42 |
| 2026-05-14 | 1 | 3350 | 750 | 4.47 | 43 |
| 2026-05-15 | 1 | 3350 | 750 | 4.47 | 44 |
| 2026-05-16 | 1 | 3350 | 750 | 4.47 | 45 |
| 2026-05-17 | 1 | 3350 | 750 | 4.47 | 46 |
| 2026-05-18 | 1 | 3350 | 750 | 4.47 | 47 |
| 2026-05-19 | 1 | 3350 | 750 | 4.47 | 48 |
| 2026-06-18 | 1 | 2700 | 550 | 4.91 | N/A |
| 2026-06-19 | 1 | 2700 | 550 | 4.91 | 1 |
| 2026-06-20 | 1 | 2700 | 550 | 4.91 | 2 |
| 2026-06-21 | 1 | 2700 | 550 | 4.91 | 3 |
| 2026-06-22 | 1 | 2700 | 550 | 4.91 | 4 |
| 2026-06-23 | 1 | 2700 | 550 | 4.91 | 5 |
| 2026-06-24 | 1 | 2700 | 550 | 4.91 | 6 |
| 2026-06-25 | 1 | 2700 | 550 | 4.91 | 7 |
| 2026-06-26 | 1 | 2700 | 550 | 4.91 | 8 |
| 2026-06-27 | 1 | 2700 | 550 | 4.91 | 9 |
| 2026-06-28 | 1 | 2700 | 550 | 4.91 | 10 |
| 2026-06-29 | 1 | 2700 | 550 | 4.91 | 11 |
| 2026-06-30 | 1 | 2700 | 550 | 4.91 | 12 |
| 2026-07-01 | 1 | 2700 | 550 | 4.91 | 13 |
| 2026-07-02 | 1 | 2700 | 550 | 4.91 | 14 |
| 2026-07-03 | 1 | 2700 | 550 | 4.91 | 15 |
| 2026-07-04 | 1 | 2700 | 550 | 4.91 | 16 |
| 2026-07-05 | 1 | 2700 | 550 | 4.91 | 17 |
| 2026-07-06 | 1 | 2700 | 550 | 4.91 | 18 |
| 2026-07-07 | 1 | 2700 | 550 | 4.91 | 19 |
| 2026-07-08 | 1 | 2700 | 550 | 4.91 | 20 |
| 2026-07-09 | 1 | 2700 | 550 | 4.91 | 21 |
| 2026-07-10 | 1 | 2700 | 550 | 4.91 | 22 |
| 2026-07-11 | 1 | 2700 | 550 | 4.91 | 23 |
| 2026-07-12 | 1 | 2700 | 550 | 4.91 | 24 |
| 2026-07-13 | 1 | 2700 | 550 | 4.91 | 25 |
| 2026-07-14 | 2 | 3250 | 825 | 4.18 | 13 |
| 2026-07-15 | 2 | 3250 | 825 | 4.18 | 14 |
| 2026-07-16 | 2 | 3250 | 825 | 4.18 | 15 |
| 2026-07-17 | 2 | 3250 | 825 | 4.18 | 16 |
| 2026-07-18 | 2 | 3250 | 825 | 4.18 | 17 |
| 2026-07-19 | 2 | 3250 | 825 | 4.18 | 18 |
| 2026-07-20 | 3 | 3000 | 767 | 4.07 | 13 |
| 2026-07-21 | 3 | 3000 | 767 | 4.07 | 14 |
| 2026-07-22 | 3 | 3000 | 767 | 4.07 | 15 |
| 2026-07-23 | 3 | 3000 | 767 | 4.07 | 16 |
| 2026-07-24 | 3 | 3000 | 767 | 4.07 | 17 |
| 2026-07-25 | 3 | 3000 | 767 | 4.07 | 18 |
| 2026-07-26 | 3 | 3000 | 767 | 4.07 | 19 |
| 2026-07-27 | 3 | 3000 | 767 | 4.07 | 20 |
| 2026-07-28 | 2 | 3250 | 825 | 4.18 | 27 |
| 2026-07-29 | 2 | 3250 | 825 | 4.18 | 28 |
| 2026-07-30 | 2 | 3250 | 825 | 4.18 | 29 |
| 2026-07-31 | 1 | 2700 | 550 | 4.91 | 43 |
| 2026-08-01 | 1 | 2700 | 550 | 4.91 | 44 |
| 2026-08-02 | 1 | 2700 | 550 | 4.91 | 45 |
| 2026-08-03 | 2 | 3325 | 745 | 4.56 | 23 |
| 2026-08-04 | 2 | 3325 | 745 | 4.56 | 24 |
| 2026-08-05 | 2 | 3325 | 745 | 4.56 | 25 |
| 2026-08-06 | 2 | 3325 | 745 | 4.56 | 26 |
| 2026-08-07 | 2 | 3325 | 745 | 4.56 | 27 |
| 2026-08-08 | 2 | 3325 | 745 | 4.56 | 28 |
| 2026-08-09 | 2 | 3325 | 745 | 4.56 | 29 |
| 2026-08-10 | 2 | 3325 | 745 | 4.56 | 30 |
| 2026-08-11 | 2 | 3325 | 745 | 4.56 | 31 |
| 2026-08-12 | 2 | 3325 | 745 | 4.56 | 32 |
| 2026-08-13 | 2 | 3325 | 745 | 4.56 | 33 |
| 2026-08-14 | 2 | 3325 | 745 | 4.56 | 34 |
| 2026-08-15 | 2 | 3325 | 745 | 4.56 | 35 |
| 2026-08-16 | 2 | 3325 | 745 | 4.56 | 36 |
| 2026-08-17 | 2 | 3325 | 745 | 4.56 | 37 |
| 2026-08-18 | 1 | 2700 | 550 | 4.91 | 61 |
| 2026-08-19 | 1 | 2700 | 550 | 4.91 | 62 |
| 2026-08-20 | 1 | 2700 | 550 | 4.91 | 63 |
| 2026-08-21 | 1 | 2700 | 550 | 4.91 | 64 |
| 2026-08-22 | 1 | 2700 | 550 | 4.91 | 65 |
| 2026-08-23 | 1 | 2700 | 550 | 4.91 | 66 |
| 2026-08-24 | 1 | 2700 | 550 | 4.91 | 67 |
| 2026-08-25 | 1 | 2700 | 550 | 4.91 | 68 |
| 2026-08-26 | 1 | 2700 | 550 | 4.91 | 69 |
| 2026-08-27 | 1 | 2700 | 550 | 4.91 | 70 |
| 2026-08-28 | 1 | 2700 | 550 | 4.91 | 71 |
| 2026-08-29 | 1 | 2700 | 550 | 4.91 | 72 |
| 2026-08-30 | 1 | 2700 | 550 | 4.91 | 73 |
| 2026-08-31 | 1 | 2700 | 550 | 4.91 | 74 |
12-Month Market Dynamics & Trend Trajectory
Tip Top Lofts at 637 Lake Shore Blvd W realized an average lease rent of $3,140 per month and a rate of $3.93 per square foot across five tracked transactions, placing the building $140 per month above the Harbourfront submarket average of $3,000 but roughly 11% below the submarket's $4.44 per-square-foot benchmark. The lower per-square-foot rate reflects the building's 808-square-foot average suite size, which is larger than the submarket implied average of 723 square feet, so the nominal premium over submarket rent is partly a function of extra living area rather than a pure rate premium. On pricing discipline, 80% of tracked leases at Tip Top Lofts closed below the landlord's asking price, with tenants capturing an average $140-per-month discount (4.57%) that equates to $1,680 in annual savings per unit. The net negotiation spread of -$140 per month and the tenant-favorable leverage classification indicate that landlords in this micro-market are conceding on price to close deals, particularly given the modest five-lease sample. This concession pattern suggests that asking prices at Tip Top Lofts are set slightly above what Harbourfront tenants will ultimately accept, giving prospective renters a credible negotiating position.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 2600 | 600 | 4.33 | 18 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 1 | 3000 | 750 | 4.00 | 49 |
| 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 | 2 | 3100 | 875 | 3.57 | 13 |
| 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 | 3900 | 940 | 4.15 | 15 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Tip Top Lofts at 637 Lake Shore Blvd W sits in a dense cluster of four active competitors within 210 metres, all of which recorded closed lease transactions over the trailing 180 days. Quay West at Tip Top (90 Stadium Rd, 0.04 km, built in 2011) closed 11 leases; West Harbour City I (628 Fleet Street / 99 Sloping Sky Mews, 0.15 km, built in 2010) closed 13; West Harbour City II (21 Grand Magazine St, 0.15 km, built in 2011) closed 9; and Harbourfront (600 Fleet St, 0.21 km, built in 2009) closed 15. The subject, completed in 2006, is the oldest asset in this pocket by four to five years, yet it competes directly against three buildings from the 2010–2011 construction wave and one from 2009. The four-comparable benchmark averages $2,914 per month in realized rent, $3.93 per square foot, and 753 square feet of interior space. Tip Top Lofts' all-time leased average of $3,140 per month and 808 square feet places it above the comp set on both nominal rent and total footprint, while its $3.93 per square foot rate sits exactly at the comp average. Against the Harbourfront submarket benchmark of $3,000 per month and $4.44 per square foot, the subject trades at a modest rent premium but a meaningful per-square-foot discount, a gap explained by its larger average suite size relative to the submarket's 723-square-foot implied average.
628 Fleet Street / 99 Sloping Sky Mews, Toronto
Comparable Analysis & Questions
How do rental rates at Tip Top Lofts compare to neighbouring buildings within Harbourfront?
Tip Top Lofts' all-time average realized lease rent of $3,140 per month sits $226 above the four-comparable benchmark of $2,914, with the spread driven by two higher-renting peers and offset by two lower-renting ones. Quay West at Tip Top (90 Stadium Rd, 0.04 km, 11 closed leases) averages $3,159 per month at $4.05 per square foot across 778 square feet, placing the subject $19 below that comp. West Harbour City I (628 Fleet Street / 99 Sloping Sky Mews, 0.15 km, 13 closed leases) averages $3,185 per month at $3.89 per square foot across 838 square feet, with the subject trading $45 lower. West Harbour City II (21 Grand Magazine St, 0.15 km, 9 closed leases) averages $2,869 per month at $3.57 per square foot across 809 square feet, where the subject commands $271 more. Harbourfront (600 Fleet St, 0.21 km, 15 closed leases) averages $2,443 per month at $4.21 per square foot across 586 square feet, with the subject realizing $697 higher.
Does Tip Top Lofts offer a competitive price-per-square-foot ($/SF) against local comparables?
Tip Top Lofts leases at $3.93 per square foot across an average 808-square-foot suite, positioning it at the comp-set rate average but above the comp-set size benchmark of 753 square feet. Against Quay West at Tip Top, the subject trades at a $0.12 per square foot (3.0%) discount while providing 30 more interior square feet, meaning the $19-per-month lower nominal rent reflects a larger footprint priced at a slightly lower rate rather than weaker asset valuation. Versus West Harbour City I, the subject commands a $0.04 per square foot (1.0%) premium yet provides 30 fewer interior square feet, so the $45-per-month rent gap is driven by the smaller suite size offsetting the higher per-square-foot rate. Against West Harbour City II, the subject commands a $0.36 per square foot (10.1%) premium on nearly identical square footage (1 fewer), translating to a clear $271-per-month valuation advantage. Harbourfront presents the inverse trade-off: the subject trades at a $0.28 per square foot (6.7%) discount but delivers 222 more interior square feet, so the $697-per-month higher nominal rent is a function of substantially greater interior space rather than a rate premium.
How do building age, amenities, and developer reputation impact rent spreads?
Tip Top Lofts offers a 10-item lifestyle package anchored by a yoga studio, meeting room, and full dining room with kitchen—features that distinguish it from three of its four immediate competitors. Quay West at Tip Top lacks the yoga studio, meeting room, and dining room, substituting a media and theatre room, games and billiards room, business centre, garden courtyard, and car wash bay in their place. West Harbour City I matches the subject on yoga studio, meeting room, and dining room but adds an indoor pool, games and billiards room, media and theatre room, and garden courtyard. West Harbour City II omits the yoga studio, meeting room, and BBQ area while offering both indoor and outdoor pools plus a media and theatre room. Harbourfront provides an indoor pool, games and billiards room, garden courtyard, and outdoor theatre that the subject does not carry, but lacks the yoga studio and dining room. The subject's wellness-oriented package—yoga studio, sauna and steam room, hot tub, gym—combined with its meeting room and communal dining kitchen best serves the professional renter who prioritizes on-site fitness and remote-work flexibility over resort-style aquatic amenities.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Tip Top Lofts.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Sauna & Steam Room
- Hot Tub & Jacuzzi
- Party & Lounge Room
- Meeting Room
- Dining Room & Kitchen
- Rooftop Terrace
- BBQ Area
Residential Buildings in the Vicinity
- Quay West at Tip Top39 m
- West Harbour City - II149 m
- West Harbour City I154 m
- Harbourfront212 m
- Fortune at Fort York225 m
- Atrium on Queens Quay244 m
- York Harbour Club253 m
- LTD255 m
- The Yards at Fort York270 m
- Neptune 1 at Water Park City271 m
- Local at Fort York275 m
- The York Harbour Club277 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Tip Top Lofts.
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.
