Market Data as of August 31, 2026
Gotham Lofts — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Gotham Lofts, located at 781 King St W in Toronto's Downtown West submarket, is an established residential building completed in 1997 containing 54 suites developed by Canadian Equity & Development Inc. There are currently zero units available for lease, resulting in a zero percent availability rate as of August 31, 2026. Over the past 90 days, the property recorded 0 closed lease transactions with an average days on market of nil, while the lifetime closed count stands at 1 lease averaging 11 days on market.
Active asking rent and rate per square foot comparisons cannot be calculated for the building due to the complete lack of active inventory. Historical leasing data indicates that past realized leases at the property achieved an average rate of $11.60 per square foot, which exceeds the broader Downtown West submarket asking benchmark of $4.81 per square foot by 154.9 percent, alongside a compact average suite size of 500 square feet.
Marketing friction is entirely absent from current operations, with historical leasing velocity demonstrating stable absorption and zero days on market variance between delisted and leased averages, while past leases closed exactly at asking price. Prospective tenants seeking inventory will find zero units currently available across all layout tiers, leaving no active selection at the building.
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Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 5800 | 500 | 11.60 | 7 |
| 2026-04-28 | 1 | 5800 | 500 | 11.60 | 8 |
| 2026-04-29 | 1 | 5800 | 500 | 11.60 | 9 |
| 2026-04-30 | 1 | 5800 | 500 | 11.60 | 10 |
12-Month Market Dynamics & Trend Trajectory
Gotham Lofts has recorded a lifetime volume of 1 closed lease with an overall average rent of $5,800 per month, an average rate of $11.60 per square foot, and a mean suite size of 500 square feet. Lifetime days on market averaged 11 days, reflecting minimal tenant turnover within this 54-suite residential building. Transactions at Gotham Lofts settled entirely at asking price, reflecting balanced market leverage with 100% of leases closing without deviation. The net negotiation spread remained at zero dollars and zero percent, indicating strict adherence to initial landlord pricing and stable tenant demand.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-26 | 1 | 5800 | 500 | 11.60 | 11 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
At Gotham Lofts located at 781 King St W, the immediate competitive set includes Citysphere at 801 King St W (0.05 km away, completed in 1991 with 6 active leases), 775 King West at 775 King St W (0.06 km away, completed in 2013 with 8 active leases), The Kings at 800 King St W (0.08 km away, completed in 2000 with 2 active leases), and 775 King West - East Building at 78 Tecumseth St (0.09 km away, completed in 2013 with 9 active leases). This Downtown West micro-market blends mature 1990s loft-style architecture with mid-2010s high-density condominium construction, providing a distinct structural contrast against Gotham Lofts, which was completed in 1997. Across this four-building competitive set, the overall benchmarks average $2,842 per month in rent at $4.13 per square foot across an average suite size of 696 square feet. Gotham Lofts positions itself as an established 54-suite property within this dense corridor, commanding distinct positioning through its intimate scale and localized loft characteristics relative to larger alternatives in the immediate vicinity.
Comparable Analysis & Questions
How do rental rates at Gotham Lofts compare to neighbouring buildings within Downtown West?
Gotham Lofts records an average historical lease rent of $5,800 per month for compact 500-square-foot layouts, trading significantly above the overall competitive benchmark average of $2,842 per month across nearby properties such as Citysphere, 775 King West, The Kings, and 775 King West - East Building. Individual competing properties report lower average lease rents driven by larger, multi-room square footages: Citysphere at 801 King St W achieves an average rent of $2,967 per month at $4.19 per square foot across 706 square feet; 775 King West at 775 King St W averages $2,691 per month at $4.23 per square foot across 649 square feet; The Kings at 800 King St W averages $3,150 per month at $3.94 per square foot across 800 square feet; and 775 King West - East Building at 78 Tecumseth St averages $2,561 per month at $4.15 per square foot across 630 square feet.
Does Gotham Lofts offer a competitive price-per-square-foot ($/SF) against local comparables?
Gotham Lofts delivers a realized lease rate of $11.60 per square foot for its 500-square-foot layouts, positioning the building at a premium compared to the overall submarket benchmark average of $4.55 per square foot and nearby competitor properties that range between $3.94 per square foot and $4.23 per square foot. Renters evaluating Gotham Lofts versus alternatives like The Kings (which offers larger 800-square-foot floor plans at $3.94 per square foot) or Citysphere (averaging 706 square feet at $4.19 per square foot) are trading away expansive square footage for an intimate loft setting with 500-square-foot footprints. While competing buildings such as 775 King West ($4.23 per square foot across 649 square feet) and its East Building ($4.15 per square foot across 630 square feet) provide larger multi-room layouts at lower rates per square foot, Gotham Lofts appeals directly to residents prioritizing central King West positioning and authentic loft character over sprawling interior square footage.
How do building age, amenities, and developer reputation impact rent spreads?
Gotham Lofts offers an intimate suite of foundational amenities tailored for a 54-unit residential building, including concierge and security services, a gym and fitness centre, a meeting room, and a party and lounge room. When contrasted with larger neighbouring properties, the building trades away extensive multi-acre recreational facilities—such as Citysphere's rooftop terrace, sauna and steam room, tennis and pickleball court, hot tub and jacuzzi, outdoor children's playground, jogging track, and in-house pub—in favor of a quieter, lower-density living experience. Similarly, while newer builds like 775 King West and its East Building feature dedicated yoga studios, media and theatre rooms, games and billiards rooms, dining rooms and kitchens, car shares, and EV charging stations, Gotham Lofts focuses on essential, streamlined conveniences. This amenity profile best serves urban professionals and solo renters seeking a low-turnover community without the elevator bottlenecks or management complexity of massive high-rise developments.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Gotham Lofts.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Meeting Room
- Party & Lounge Room
Residential Buildings in the Vicinity
- Citysphere55 m
- 775 King West62 m
- The Kings84 m
- 775 King West - East Building86 m
- Tecumseth Lofts107 m
- West 833125 m
- The Summit III149 m
- The Summit II212 m
- The Summit I219 m
- 90 Niagara234 m
- The Westside280 m
- 60 Niagara293 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Gotham 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.