Atrium on Queens Quay — Rental Market Data

Atrium on Queens Quay has one active listing as of August 31, 2026, asking $1,990 per month with both the average and median at that single figure. The suite spans 400 square feet at $4.98 per square foot, and the 100 percent one-bedroom composition reflects a compact entry-level offering rather than multi-bedroom executive inventory.

The sole active listing at Atrium on Queens Quay is a one-bedroom unit representing 100 percent of available inventory. This single 400-square-foot suite asks $1,990 per month at $4.98 per square foot, with no two-bedroom or studio alternatives currently on the market.

With only one active listing at Atrium on Queens Quay, the minimum and maximum asking rents are identical at $1,990 per month, producing a zero-dollar and zero-percent spread. The entry-level suite is a 400-square-foot one-bedroom at $4.98 per square foot, and because no second unit is listed, there is no peak suite to contrast against.

Active den premiums and square-footage deltas at Atrium on Queens Quay cannot be quantified from the current single-listing sample. Historical lease data confirms a verified parking add-on of $200 per month, though active parking premiums cannot be reliably isolated due to insufficient paired samples.

The Atrium on Queens Quay asking rate of $4.98 per square foot sits 9.8 percent below the Harbourfront submarket asking benchmark of $5.52 per square foot. The nominal rent of $1,990 per month is well under the submarket average asking rent of $3,992 per month, a gap explained by the 400-square-foot suite being 323 square feet smaller than the submarket implied average of 723 square feet. This one listing represents 1 out of 34 active listings across the Harbourfront submarket.

Atrium on Queens Quay's average realized lease rent of $2,417 per month sits $83 below the four-comp benchmark of $2,500, with every nearby competitor pricing at or above the subject. Queen's Harbour at 600 Queens Quay W (0.15 km, 7 closed leases) averages $2,604 per month at $4.57 per square foot across 607 square feet; Harbourfront at 600 Fleet St (0.17 km, 15 closed leases) averages $2,443 at $4.21 per square foot over 586 square feet; The LakeShore – West Tower at 19 Bathurst St (0.20 km, 39 closed leases) averages $2,522 at $4.52 per square foot across 566 square feet; and LTD at 15 Bruyeres Mews (0.21 km, 7 closed leases) averages $2,431 at $4.08 per square foot over 599 square feet. All four competitors recorded active lease volume, so each provides a realized pricing benchmark rather than a speculative listing figure.

Atrium on Queens Quay leases at $4.12 per square foot across an average 600-square-foot suite, placing it at a modest discount to three of four active competitors while commanding a slight premium over LTD. Against Queen's Harbour, the subject trades at a $0.45 per square foot (9.8%) discount and provides 7 fewer interior square feet, so the $187-per-month lower nominal rent reflects both a smaller footprint and a lower rate. Versus Harbourfront, the subject offers a $0.09 per square foot (2.1%) discount yet delivers 14 more square feet, meaning the $26-per-month lower rent is driven almost entirely by the larger interior footprint rather than a weaker per-unit valuation. The LakeShore – West Tower presents the widest gap: the subject trades at a $0.40 per square foot (8.8%) discount while providing 34 more square feet, so the $105-per-month lower nominal rent is a function of the older building's rate structure offset by a meaningfully larger suite. LTD is the closest comp—the subject commands a $0.04 per square foot (1.0%) premium over it while offering just 1 additional square foot, with only a $14-per-month rent differential.

Atrium on Queens Quay offers an eight-feature lifestyle package—concierge and security, gym and fitness centre, party and lounge room, meeting room, BBQ area, rooftop terrace, garden and courtyard, and a waterfall feature—that is leaner than every one of its four named competitors. Queen's Harbour adds a yoga studio, hot tub and jacuzzi, sauna and steam room, games and billiards room, library and reading room, and a dining room and kitchen; Harbourfront layers in an indoor pool, hot tub, sauna, games room, and an outdoor theatre; The LakeShore – West Tower extends the list to 22 features including an indoor pool, business centre, media and theatre room, children's playground, kids' play room, dog run, pet wash station, kickboxing room, outdoor golf putting, tea room, and heated stone loungers; and LTD contributes a games room, media and theatre room, sauna, and espresso bar. The waterfall is the subject's signature differentiator—no competitor lists an equivalent water feature—yet the absence of aquatic wellness (pool, hot tub, sauna), dedicated pet infrastructure, and family-oriented play spaces positions Atrium on Queens Quay as a streamlined, low-maintenance residential building best suited to cost-conscious professionals and couples who prioritize a quiet waterfront address and basic fitness access over resort-style amenities.