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Market Data as of August 31, 2026

The Westside — Rental Market Data

700 King St W, Toronto, Ontario M5V 2Y6
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,850

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2000
Total Suites210
DeveloperPeregrine Hunter

The Westside is a residential development located at 700 King St W in the Downtown West neighborhood, built in 2000 by developer Peregrine Hunter and comprising 210 suites. The building currently features 1 active listing representing a 0.5 percent availability rate and an average of 26 days on market. Over the past 90 days, the building recorded 4 closed leases with an average of 38 days on market, alongside 1 closed lease in the past 30 days with an average of 35 days on market.

Current active asking rent averages $2,850 per month at $3.56 per square foot across an 800 square foot two-bedroom layout, compared to realized 90-day leases averaging $3,256 per month across 970 square feet. The active asking rate per square foot trades 26 percent below the submarket asking benchmark of $4.81 per square foot due to differences in suite sizing.

Landlords experienced a moderate leasing environment where realized leases spent an average of 38 days on market over the last 90 days, with 60.0 percent of recent leases closing below asking for an average tenant discount of $45 per month. Prospective renters currently face limited inventory restricted strictly to two-bedroom layouts.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at The Westside as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
-1 (50.0%)
Avg Asking Rent$2,850
-$150 (5.0%)
Avg Suite Size800 sf
-25 sf (3.0%)
Avg Days on Market26d
-73d (73.9%)
Avg Asking $/SF$3.56
-$0.07 (2.0%)

Active Market Insights & Questions

How has rental availability changed at The Westside recently?

The Westside features 1 active listing as of August 31, 2026, with an asking price of $2,850 per month, which also serves as the average and median rent. The single active unit spans 800 square feet at an asking rate of $3.56 per square foot, consisting entirely of a two-bedroom layout that accounts for 100 percent of current inventory.

What floor plans and unit layouts are currently available at The Westside?

The dominant active layout at The Westside is the 2-Bedroom suite, which accounts for the single active listing and represents 100 percent of current inventory. This tier averages $2,850 per month across 800 square feet at an asking rate of $3.56 per square foot.

What is the average asking rent and $/SF by suite size at The Westside?

The Westside records a minimum entry rent and peak asking rent of $2,850 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. The median asking rent matches this figure, with the entry-level suite consisting of a 2-Bedroom layout spanning 800 square feet at $3.56 per square foot, matching the peak suite metrics identically.

How much extra do parking spaces and dens cost at The Westside?

Active den premium data for The Westside cannot be isolated as current inventory lacks a den layout comparison. Active parking premium data cannot be reliably isolated from current listings due to an insufficient sample, meaning parking fees cannot be accurately quantified.

How do asking rents at The Westside compare to local and municipal benchmarks?

The Westside asks an average rent of $2,850 per month at $3.56 per square foot, comparing to the Downtown West submarket asking benchmark of $3,080 per month at $4.81 per square foot. The lower nominal asking rent is driven by smaller unit sizing compared to historical benchmarks, with the building asking 26 percent lower per square foot while capturing 0.6 percent of submarket active 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 The Westside (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$3,150
Avg Leased Size970 sf
Avg Days to Lease35d
Leased $/SF$3.71

Leased Transaction Insights & Questions

How many suites were leased at The Westside last month, and how fast did they rent?

At The Westside, the 30-day average days on market is 35 days, compared to a 90-day average of 38 days and a Downtown West submarket benchmark of 20 days. Leasing velocity moderated slightly over the summer months, recording 1 closed lease in the last 30 days, 4 closed leases across the 90-day window, and 5 lifetime closed leases tracked in the dataset.

What is the negotiation spread between asking rents and closed lease prices at The Westside?

At The Westside, transactions closed at an average discount of $45 per month, representing a 1.27% reduction from asking prices and generating $540 in annual tenant savings. Tenant leverage shaped the leasing environment, with 60.0% of leases closing below asking price and the remainder securing terms directly at asking.

What are typical executed lease prices across different layouts at The Westside?

At The Westside, the 2-Bedroom tier served as the primary anchor layout, posting 5 closed leases, an average monthly rent of $3,255 per month, and an average of 32 days on market. This moderate sample size established a median rent of $3,250 per month with a P25-P75 range between $3,150 and $3,300 per month. The average suite size for this tier spanned 970 square feet at $3.37 per square foot.

What measurable rent premium did suites with parking achieve in closed leases at The Westside?

At The Westside, realized parking premiums could not be isolated due to insufficient paired data across the closed lease set. Parking access was bundled directly into standard lease agreements without separate line-item values, and active asking figures remain inconclusive due to a lack of standalone stall listings.

How does the lease-to-listing ratio at The Westside reflect current tenant demand?

At The Westside, monthly average rents followed a fluctuating trajectory from spring through late summer. May opened with 1 closed lease averaging $3,250 per month at $3.42 per square foot over 8 days on market. June recorded 1 closed lease at $3,300 per month, realizing $3.00 per square foot across 16 days on market. July absorbed 2 closed leases averaging $3,288 per month at $3.35 per square foot over 50 days on market. August closed with 1 lease at $3,150 per month, achieving $3.71 per square foot across 35 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at The Westside (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,850
Avg Suite Size800 sf
Avg Days on Market180d
Delisted $/SF$3.56

De-Listed Market Analysis & Questions

How many listings de-listed at The Westside, and what was their re-listing price compared to previous asking?

At The Westside, a total of 1 unrented unit was delisted, representing a delisted-to-lifetime-leased ratio of 20% and a 100% ratio relative to 30-day leasing volume. This unrented listing expired without securing a tenant, reflecting a balanced relationship where 1 listing was pulled for every 5 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at The Westside?

At The Westside, unrented units asked an average of $2,850 per month, which is $300 per month below realized lease averages nominally, typically driven by smaller unit sizes. Delisted units had a lower nominal asking price because they were concentrated in smaller floor plans, but commanded a higher rate per square foot of $3.56 per square foot compared to realized leases, demonstrating that prospective tenants rejected high density pricing.

What market friction causes rental listings to stall or de-list at The Westside?

At The Westside, delisted unrented units averaged 180 days on market compared to 32 days for realized leases. This extended exposure generated 148 excess marketing days, translating into nearly five months of lost rental income and ongoing condo maintenance fees as a direct carrying cost of unrented listings.

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.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27227758253.3746
2026-04-28227758253.3747
2026-04-29227758253.3748
2026-04-30227758253.3749
2026-05-01227758253.3750
2026-05-02227758253.3751
2026-05-03227758253.3752
2026-05-04227758253.3753
2026-05-05227758253.3754
2026-05-06227758253.3755
2026-05-07227758253.3756
2026-05-08227758253.3757
2026-05-09227758253.3758
2026-05-10227758253.3759
2026-05-11328838673.3340
2026-05-12328838673.3341
2026-05-13328838673.3342
2026-05-14328838673.3343
2026-05-15328838673.3344
2026-05-16328838673.3345
2026-05-17328838673.3346
2026-05-18328838673.3347
2026-05-19227758253.3768
2026-05-20227758253.3769
2026-05-21227758253.3770
2026-05-22227758253.3771
2026-05-23227758253.3772
2026-05-24227758253.3773
2026-05-25227758253.3774
2026-05-26227758253.3775
2026-05-27227758253.3776
2026-05-28227758253.3777
2026-05-29227758253.3778
2026-05-30227758253.3779
2026-05-31227758253.3780
2026-06-01227758253.3781
2026-06-02227758253.3782
2026-06-03227758253.3783
2026-06-04227758253.3784
2026-06-05227758253.3785
2026-06-06227758253.3786
2026-06-07227758253.3787
2026-06-08227758253.3788
2026-06-09227758253.3789
2026-06-10227758253.3790
2026-06-11330179173.3161
2026-06-12330179173.3162
2026-06-13330179173.3163
2026-06-14330179173.3164
2026-06-15330179173.3165
2026-06-16330179173.3166
2026-06-17330179173.3167
2026-06-18330179173.3168
2026-06-19330179173.3169
2026-06-20330179173.3170
2026-06-21330179173.3171
2026-06-22330179173.3172
2026-06-23330179173.3173
2026-06-24330179173.3174
2026-06-25330179173.3175
2026-06-26330179173.3176
2026-06-27227758253.37107
2026-06-28227758253.37108
2026-06-29227758253.37109
2026-06-30227758253.37110
2026-07-01227758253.37111
2026-07-02227758253.37112
2026-07-03227758253.37113
2026-07-04227758253.37114
2026-07-05227758253.37115
2026-07-06227758253.37116
2026-07-07227758253.37117
2026-07-08227758253.37118
2026-07-09331679173.4479
2026-07-10431639003.5160
2026-07-11431639003.5161
2026-07-12431639003.5162
2026-07-13431639003.5163
2026-07-14333179173.6257
2026-07-15333179173.6258
2026-07-16333179173.6259
2026-07-17333179173.6260
2026-07-18333179173.6261
2026-07-19333179173.6262
2026-07-20333179173.6263
2026-07-21230008253.6390
2026-07-22230008253.6391
2026-07-23230008253.6392
2026-07-24230008253.6393
2026-07-25230008253.6394
2026-07-26230008253.6395
2026-07-27230008253.6396
2026-07-28230008253.6397
2026-07-29230008253.6398
2026-07-30230008253.6399
2026-07-31230008253.63100
2026-08-01230008253.63101
2026-08-02131508503.7123
2026-08-03131508503.7124
2026-08-04131508503.7125
2026-08-05230008253.6313
2026-08-06230008253.6314
2026-08-07230008253.6315
2026-08-08230008253.6316
2026-08-09230008253.6317
2026-08-10230008253.6318
2026-08-11230008253.6319
2026-08-12230008253.6320
2026-08-13230008253.6321
2026-08-14128508003.569
2026-08-15128508003.5610
2026-08-16128508003.5611
2026-08-17128508003.5612
2026-08-18128508003.5613
2026-08-19128508003.5614
2026-08-20128508003.5615
2026-08-21128508003.5616
2026-08-22128508003.5617
2026-08-23128508003.5618
2026-08-24128508003.5619
2026-08-25128508003.5620
2026-08-26128508003.5621
2026-08-27128508003.5622
2026-08-28128508003.5623
2026-08-29128508003.5624
2026-08-30128508003.5625
2026-08-31128508003.5626

12-Month Market Dynamics & Trend Trajectory

The Westside has established a lifetime leasing volume of 5 transactions across its 210 suites, averaging $3,255 per month at $3.37 per square foot. Average suite sizes span 970 square feet with an overall average days on market of 32 days, indicating steady tenant turnover within this Downtown West property. Pricing discipline favored incoming renters, with 60% of transactions closing below asking price. Leases negotiated an average monthly discount of $45 per month or 1.27% off initial asking rates, saving tenants $540 annually and underscoring a localized market where prospective renters retained pricing leverage.

Loading inventory data…

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.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-17132509503.428
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-211330011003.0016
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-12127008503.1887
2026-07-191387511003.5212
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-09131508503.7135

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

The competitive landscape for The Westside at 700 King St W comprises four nearby developments: The Summit I at 701 King St W (0.07 km away, built in 1984, with 7 active leases), The Summit II at 705 King St W (0.07 km away, built in 1985, with 4 active leases), Six50 King West - Bathurst Building at 95 Bathurst St (0.09 km away, built in 2012, with 4 active leases), and West House at 88 Bathurst Street (0.1 km away, built in 2025, with 11 active leases). These properties span distinct structural generations, contrasting mature mid-1980s towers with early-2010s mid-rises and brand-new 2025 inventory. Positioned against an overall comparable average rent of $2,964 per month, an average footprint of 717 square feet, and a benchmark rate of $4.09 per square foot, The Westside (built in 2000) occupies a balanced mid-generation sweet spot in the Downtown West submarket. With an average size of 970 square feet, the building offers significantly larger living spaces than its immediate micro-market peers while maintaining competitive lease rates per square foot, providing renters with exceptional square-footage value compared to both older retrofitted blocks and ultra-compact modern builds.

705 King St W, Toronto

Avg Asking$2,800/mo
Avg $/SF$3.68
Rent Spread:
-$50/mo (-1.8%) Lower

701 King St W, Toronto

Avg Asking$1,974/mo
Avg $/SF$3.42
Rent Spread:
-$876/mo (-30.7%) Lower

95 Bathurst St, Toronto

Avg Asking$3,894/mo
Avg $/SF$6.69
Rent Spread:
+$1,044/mo (+36.6%) Higher

88 Bathurst Street, Toronto

Avg Asking$3,868/mo
Avg $/SF$5.38
Rent Spread:
+$1,018/mo (+35.7%) Higher

650 King St W, Toronto

Avg Asking$2,542/mo
Avg $/SF$4.49
Rent Spread:
-$308/mo (-10.8%) Lower

725 King St W, Toronto

Avg Asking$2,425/mo
Avg $/SF$3.68
Rent Spread:
-$425/mo (-14.9%) Lower

Comparable Analysis & Questions

How do rental rates at The Westside compare to neighbouring buildings within Downtown West?

The Westside records an average historical lease rent of $3,255 per month, standing above the overall comparable micro-market average of $2,964 per month across key benchmarks including The Summit I, The Summit II, Six50 King West, and West House. Individual performance among nearby competitors shows The Summit I at 701 King St W averaging $2,232 per month at $3.29 per square foot across 693 square feet, while The Summit II at 705 King St W achieves an average lease rent of $3,083 per month at $3.67 per square foot across 788 square feet. Moving to newer builds, Six50 King West - Bathurst Building at 95 Bathurst St posts an average lease rent of $2,850 per month at $4.05 per square foot across 700 square feet, and the newly completed West House at 88 Bathurst Street commands a top-tier average lease rent of $3,692 per month at $5.33 per square foot across 687 square feet.

Does The Westside offer a competitive price-per-square-foot ($/SF) against local comparables?

The Westside establishes its value proposition by offering an average suite size of 970 square feet at a leased rate of $3.37 per square foot, providing a lower rate per square foot than most surrounding mid-rise and high-rise alternatives in the Downtown West submarket. Renters trade away the ultra-modern luxury finishes and hyper-compact layouts found in brand-new completions like West House—which trades at a much higher $5.33 per square foot across an average of 687 square feet—in exchange for substantially larger, more functional room proportions. While older buildings like The Summit I offer lower average monthly rents ($2,232 per month at $3.29 per square foot across 693 square feet), The Westside delivers superior layout efficiency and a better-maintained 2000-era construction standard without the heavy utility burdens or layout compromises common in 1980s stock.

How do building age, amenities, and developer reputation impact rent spreads?

Residents at The Westside enjoy a comprehensive lifestyle profile featuring signature amenities such as a concierge and security service, a fully equipped gym and fitness centre, a sauna and steam room, a games and billiards room, and a rooftop terrace with a BBQ area. When compared against nearby competitors, this offering holds its own: while mature properties like The Summit II feature extensive recreational perks including indoor and outdoor pools, squash courts, and a children's playground, and ultra-new options like West House introduce modern novelties such as a golf simulator, dog run, and pet lounge, The Westside strikes an ideal balance. Its amenity package delivers essential wellness, security, and outdoor hosting spaces tailored perfectly for working professionals and established couples who prioritize functional fitness and rooftop entertaining over sprawling resort-style complexes.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Westside.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Rooftop Terrace
  • BBQ Area
  • Sauna & Steam Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Westside.

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.