Vita on the Lake — Rental Market Data

Vita on the Lake features 5 active listings as of August 31, 2026, offering a price range of $2,299 to $5,800 per month, an average asking rent of $3,320 per month, and a median asking rent of $2,500 per month. Active listings average 839 square feet with an asking rate of $3.99 per square foot. The 1-Bedroom + Den layout dominates current availability with a 40 percent inventory share, skewing active inventory toward compact multi-room layouts.

The 1-Bedroom + Den is the dominant active layout at Vita on the Lake, accounting for 2 listings and a 40 percent inventory share. The 1-Bedroom tier provides 1 listing representing a 20 percent share, averaging $2,299 per month across 525 square feet at $4.38 per square foot. The 2-Bedroom tier offers 1 listing representing a 20 percent share, averaging $3,600 per month across 868 square feet at $4.15 per square foot, while the 2-Bedroom + Den tier contributes 1 listing with a 20 percent share, averaging $5,800 per month across 1,500 square feet at $3.87 per square foot.

Vita on the Lake exhibits a minimum entry rent of $2,299 per month and a peak asking rent of $5,800 per month, creating a dollar spread of $3,501 and a percentage spread of 152.3 percent. The median asking rent stands at $2,500 per month. The entry-level tier consists of a 1-Bedroom suite offering 525 square feet at an asking rate of $4.38 per square foot, whereas the peak tier comprises a 2-Bedroom + Den suite spanning 1,500 square feet at an asking rate of $3.87 per square foot.

Vita on the Lake requires an active den premium of $151 per month for a square footage delta of 125 square feet. The marginal cost for the extra den space calculates to $1.21 per square foot. Active parking stalls are verified at an additional cost of $100 per month.

Vita on the Lake asks an average rent of $3,320 per month at $3.99 per square foot, comparing favorably to the Mimico submarket asking benchmark of $3,313 per month at $4.43 per square foot. The building's asking rate per square foot sits 9.9 percent below the submarket asking benchmark while representing 9.8 percent of active submarket inventory.

Vita on the Lake averages a lease rent of $3,114 per month, trading above the overall comp average of $2,627 per month while aligning closely with established waterfront benchmarks like Ocean Club - Tower. Direct local competitors display distinct leasing metrics: Vita Two on the Lake at 65 Annie Craig Dr records an average lease rent of $2,654 per month at $4.45 per square foot across an average of 613 square feet; Ocean Club - Boutique at 60 Annie Craig Dr averages $2,500 per month at $3.33 per square foot across 750 square feet; Jade Waterfront Condos at 33 Shore Breeze Dr averages $2,364 per month at $3.92 per square foot across 606 square feet; and Ocean Club - Tower at 59 Annie Craig Dr averages $2,989 per month at $3.96 per square foot across 765 square feet.

Vita on the Lake establishes its value proposition by offering an average lease rate of $4.14 per square foot across an expansive average footprint of 772 square feet, positioning itself attractively against the submarket average of $3.96 per square foot. Renters evaluating Vita on the Lake against Vita Two on the Lake at 65 Annie Craig Dr benefit from a lower rate per square foot, trading at a $0.31 per square foot (7.0%) discount while securing significantly more interior square footage with an average size of 772 square feet compared to 613 square feet. When compared to Ocean Club - Boutique at 60 Annie Craig Dr ($3.33 per square foot across 750 square feet) and Jade Waterfront Condos at 33 Shore Breeze Dr ($3.92 per square foot across 606 square feet), Vita on the Lake commands a higher price per square foot but delivers modern 2022 construction efficiencies, contemporary finishes, and larger living areas that reduce the cramped layouts typical of older or more compact competing towers.

Vita on the Lake delivers an extensive lifestyle and amenity package that matches or exceeds the offerings of neighboring lakefront developments. The building features signature amenities including a 24-hour concierge and security service, a fully equipped gym and fitness centre, a dedicated yoga studio, both indoor and outdoor pools, a sauna and steam room, a party and lounge room, a dining room and kitchen, a BBQ area, a rooftop terrace, and a convenient pet wash station. When contrasted against nearby peers, Vita on the Lake rivals the multi-pool setups and wellness facilities found at Jade Waterfront Condos (which adds a golf simulator and cabanas) and Ocean Club - Boutique (which features a hot tub, games room, and media room), while maintaining a specialized suite of shared spaces that outpaces basic older towers. This robust amenity profile particularly appeals to fitness enthusiasts, pet owners, and professionals seeking resort-style common areas along the Etobicoke waterfront.