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Market Data as of August 31, 2026

King West Condominiums - I — Rental Market Data

85 East Liberty St, Toronto, Ontario M6K 3R4
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
1-Bedroom + Den
3
$2,633

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2013
Total Suites444
DeveloperPlaza

King West Condominiums – I at 85 East Liberty Street in Liberty Village, Toronto, is a 444-suite residential tower completed in 2013 by Plaza. As of August 31, 2026, three units are actively listed for rent, representing a 0.7 percent availability rate across the building. Leasing activity remains steady: three leases closed in the past 30 days with an average days-on-market of 11, and twelve leases closed over the trailing 90 days at an average DOM of 14.

Current asking rents average $2,633 per month at 3.87 dollars per square foot across an average suite size of 683 square feet. Realized 90-day leases averaged $2,874 per month at 4.04 dollars per square foot, indicating that the three active listings are priced below recent transaction levels. Against the Liberty Village submarket asking benchmark of 4.45 dollars per square foot, the building's current inventory trades at a 13 percent discount on a per-square-foot basis, making it one of the more competitively priced options in the neighborhood.

Marketing friction is minimal: with zero delisted units in the dataset, every listing that entered the market either leased or remains active. Tenants negotiated an average concession of $19 per month below asking, with 6.7 percent of recent leases closing under the listed price, saving renters roughly $228 per year. All three active listings fall within the one-bedroom-plus-den tier, offering a small but focused selection rather than broad layout variety; renters seeking two-bedroom or larger configurations will need to look to other buildings in Liberty Village.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at King West Condominiums - I as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units3
+2 (200.0%)
Avg Asking Rent$2,633
-$67 (2.5%)
Avg Suite Size683 sf
-67 sf (8.9%)
Avg Days on Market5d
-6d (57.6%)
Avg Asking $/SF$3.87
+$0.27 (7.4%)

Active Market Insights & Questions

How has rental availability changed at King West Condominiums - I recently?

King West Condominiums – I carries three active rental listings as of August 31, 2026, with asking rents ranging from $2,600 to $2,700 per month, an average of $2,633, and a median of $2,600. The average suite measures 683 square feet at an asking rate of 3.87 dollars per square foot. All three available units are one-bedroom-plus-den layouts, meaning current inventory is concentrated in compact entry-level configurations rather than multi-bedroom executive suites.

What floor plans and unit layouts are currently available at King West Condominiums - I?

The sole active layout at King West Condominiums – I is the one-bedroom-plus-den, accounting for all three listings and 100 percent of current inventory. This tier averages $2,633 per month across 683 square feet, translating to 3.87 dollars per square foot. No other bedroom tiers—studio, one-bedroom, two-bedroom, or three-bedroom—have any units currently available for rent.

What is the average asking rent and $/SF by suite size at King West Condominiums - I?

King West Condominiums – I offers a narrow $100 spread between its entry rent of $2,600 and peak asking rent of $2,700, a 3.8 percent range across three listings. The median asking rent sits at $2,600 per month. The entry-level suite is a 650-square-foot one-bedroom-plus-den at 4.00 dollars per square foot, while the peak suite is a 750-square-foot one-bedroom-plus-den priced at 3.60 dollars per square foot, meaning the larger unit actually commands a lower per-square-foot rate.

How much extra do parking spaces and dens cost at King West Condominiums - I?

King West Condominiums – I does not have a quantified den premium or square-footage delta isolable from current active listings, as the data sample is insufficient to separate den value from base one-bedroom pricing. Parking stall premiums likewise cannot be reliably isolated from the three active listings due to an unreliable outlier or insufficient paired sample, and no verified historical parking benchmark exists in the lease record. Renters should request individual parking quotes directly from the leasing office.

How do asking rents at King West Condominiums - I compare to local and municipal benchmarks?

King West Condominiums – I asks an average of $2,633 per month at 3.87 dollars per square foot, compared to the Liberty Village submarket asking benchmark of $2,900 per month at 4.45 dollars per square foot. The building's 13 percent lower per-square-foot rate reflects both a modestly smaller average suite footprint of 683 square feet and a genuinely competitive pricing position relative to neighboring towers. With three active listings out of 70 total in the submarket, the building represents roughly 4 percent of current Liberty Village rental 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 King West Condominiums - I (Data period: For the month of August 2026).

Units Leased3
Avg Leased Price$2,517
Avg Leased Size767 sf
Avg Days to Lease11d
Leased $/SF$3.90

Leased Transaction Insights & Questions

How many suites were leased at King West Condominiums - I last month, and how fast did they rent?

King West Condominiums – I (85 East Liberty St) closed leases in 11 days on average over the trailing 30 days and 14 days over the trailing 90 days, both well ahead of the Liberty Village submarket benchmark of 23 days. The building recorded 3 closed leases in the last 30 days, 12 in the last 90 days, and 15 over the full tracked year, indicating leasing turnover moderated as summer progressed from a strong July spike into a steadier August pace.

What is the negotiation spread between asking rents and closed lease prices at King West Condominiums - I?

King West Condominiums – I saw tenants negotiate an average discount of $19 per month (0.04% below asking), translating to roughly $228 in annual savings per unit. Only 6.7% of closed leases settled under the listed asking price, meaning the vast majority of transactions landed at or very near the landlord's initial number. This narrow concession window reflects modest tenant leverage in a market where the building's asking rates already sit below submarket averages.

What are typical executed lease prices across different layouts at King West Condominiums - I?

The two highest-volume anchor layouts at King West Condominiums – I are the 2-Bedroom + Den (5 leases, $4,130 average, 18 DOM) and the 1-Bedroom (4 leases, $2,236 average, 13 DOM). The 1-Bedroom + Den tier closed 4 leases at $2,713 average ($2,675–$2,738 P25–P75), 689 sq. ft. average, $3.94 per square foot, and 11 DOM; this is a limited sample of 4 deals and serves as a directional reference only. The 2-Bedroom tier closed 2 leases at $3,225 average ($2,962–$3,488 P25–P75), 800 sq. ft. average, $4.01 per square foot, and 12 DOM; with only 2 closed deals this is a small sample and not a broad statistical benchmark. The 2-Bedroom + Den tier, at 5 closed leases, represents a statistically robust benchmark: $4,130 average ($3,700–$4,450 P25–P75), 1,010 sq. ft. average, $4.36 per square foot, and 18 DOM.

What measurable rent premium did suites with parking achieve in closed leases at King West Condominiums - I?

King West Condominiums – I does not have sufficient paired lease data to isolate a reliable parking premium, so no definitive monthly parking value can be quoted. Active listings at the building also show unreliable or insufficient parking samples, preventing a clean comparison between realized and asking parking rates. Tenants should treat any parking fee as a case-by-case add-on rather than a standardized building-wide charge.

How does the lease-to-listing ratio at King West Condominiums - I reflect current tenant demand?

King West Condominiums – I experienced a clear downward rent trajectory from spring through late summer 2026, with average realized rents falling from $4,133 in May to $2,517 by August. May closed 3 leases at $4,133 average, $4.83 per square foot, and 13 DOM. June closed 3 leases at $3,517 average, $4.48 per square foot, and 24 DOM. July saw the highest volume with 6 closed leases at $2,732 average, $3.90 per square foot, and 11 DOM. August closed 3 leases at $2,517 average, $3.90 per square foot, and 11 DOM, confirming the rate floor had stabilized by late summer.

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
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Chart Metrics
Max 2 Plotted
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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)
2026-04-271420013003.2310
2026-04-281420013003.2311
2026-04-291420013003.2312
2026-04-30243259755.047
2026-05-01243259755.048
2026-05-02243259755.049
2026-05-03144506506.853
2026-05-04144506506.854
2026-05-05144506506.855
2026-05-06144506506.856
2026-05-07144506506.857
2026-05-08144506506.858
2026-05-09249759755.545
2026-05-10249759755.546
2026-05-11249759755.547
2026-05-12344839335.065
2026-05-13344839335.066
2026-05-14344839335.067
2026-05-15344839335.068
2026-05-162450010754.176
2026-05-172450010754.177
2026-05-182450010754.178
2026-05-192450010754.179
2026-05-201550013004.2311
2026-05-211550013004.2312
2026-05-221550013004.2313
2026-05-231550013004.2314
2026-05-241550013004.2315
2026-05-251550013004.2316
2026-05-261550013004.2317
2026-05-271550013004.2318
2026-05-281550013004.2319
2026-05-291550013004.2320
2026-05-301550013004.2321
2026-05-31238758504.9311
2026-06-01238758504.9312
2026-06-02238758504.9313
2026-06-03238758504.9314
2026-06-04238758504.9315
2026-06-05238758504.9316
2026-06-06238758504.9317
2026-06-07238758504.9318
2026-06-08238758504.9319
2026-06-09238758504.9320
2026-06-10238758504.9321
2026-06-11238758504.9322
2026-06-12334107834.5615
2026-06-13334107834.5616
2026-06-14334107834.5617
2026-06-15334107834.5618
2026-06-16339609674.0514
2026-06-17436458884.0811
2026-06-18436458884.0812
2026-06-19436458884.0813
2026-06-20436458884.0814
2026-06-21436458884.0815
2026-06-22436458884.0816
2026-06-23634728584.0112
2026-06-24634728584.0113
2026-06-25634728584.0114
2026-06-26634728584.0115
2026-06-27534668603.9918
2026-06-28534668603.9919
2026-06-29534668603.9920
2026-06-30429577503.9413
2026-07-01330437833.8614
2026-07-02330437833.8615
2026-07-03233258503.8914
2026-07-04233258503.8915
2026-07-05233258503.8916
2026-07-06138999504.1020
2026-07-07233008293.9611
2026-07-08233008293.9612
2026-07-09233008293.9613
2026-07-10233008293.9614
2026-07-11233008293.9615
2026-07-12233008293.9616
2026-07-13233008293.9617
2026-07-14233008293.9618
2026-07-15233008293.9619
2026-07-16233008293.9620
2026-07-20127007503.60N/A
2026-07-21127007503.601
2026-07-22127007503.602
2026-07-23223006233.722
2026-07-24223006233.723
2026-07-25223006233.724
2026-07-26223006233.725
2026-07-27327667323.774
2026-07-28327667323.775
2026-07-29232008503.756
2026-07-30127007503.6010
2026-07-31127007503.6011
2026-08-01127007503.6012
2026-08-02127007503.6013
2026-08-03127007503.6014
2026-08-04127007503.6015
2026-08-07126006504.00N/A
2026-08-08126006504.001
2026-08-09126006504.002
2026-08-10126006504.003
2026-08-11126006504.004
2026-08-12126006504.005
2026-08-17122505504.09N/A
2026-08-18122505504.091
2026-08-19122505504.092
2026-08-20224756503.852
2026-08-21224756503.853
2026-08-22224756503.854
2026-08-23224756503.855
2026-08-24224756503.856
2026-08-25224756503.857
2026-08-26224756503.858
2026-08-27127007503.607
2026-08-28226507003.804
2026-08-29226507003.805
2026-08-30226507003.806
2026-08-31326336833.875

12-Month Market Dynamics & Trend Trajectory

King West Condominiums – I has closed 15 leases over its tracked history at an average rent of $3,126 per month, equating to $4.20 per square foot across an average suite size of 767 sq. ft. The lifetime average DOM of 14 days sits comfortably below the Liberty Village submarket benchmark of 23 days, and the building's 444-suite inventory supports steady tenant turnover without prolonged vacancy gaps. On pricing discipline, 93.3% of closed leases settled at or above the landlord's asking price, with only 6.7% closing under asking. The net negotiation spread was a modest $19 per month discount (0.04%), giving tenants roughly $228 in annual savings while keeping overall concession levels minimal. This pattern indicates landlords at King West Condominiums – I maintain firm pricing with only token concessions, and the building's asking rates already undercut submarket averages by approximately 6% on a per-square-foot basis.

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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
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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)
2026-05-031420013003.2316
2026-05-10144506506.8516
2026-05-17137508504.418
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-14122504005.6316
2026-06-21135008504.124
2026-06-28333478673.9229
2026-07-05128507503.8013
2026-07-12127007073.8210
2026-07-190N/AN/AN/AN/A
2026-07-26228007233.865
2026-08-02127007503.6016
2026-08-09126006504.006
2026-08-160N/AN/AN/AN/A
2026-08-23122505504.0910

Nearby Building Rental Comparables & Price Spreads

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

King West Condominiums - I at 85 East Liberty Street sits in a tight cluster of four nearby competitors within 110 metres, all completed between 2013 and 2014. King West Condominiums - II (75 East Liberty St, 2013, 0.06 km) recorded 15 closed leases over the trailing 180 days; Liberty Place (150 East Liberty St, 2014, 0.08 km) logged 22 closed leases; Liberty on the Park (69 Lynn Williams St, 2013, 0.08 km) closed 10 leases; and King West Condominiums - III (65 East Liberty St, 2013, 0.11 km) recorded 13 closed leases. The subject building and three of the four comparables share the same 2013 completion year, placing them in the same structural generation, while Liberty Place is a single year newer at 2014. Across the four-comparable set, the average closed-lease rent is $2,604 per month, the average rate is $4.23 per square foot, and the average suite size is 636 square feet. King West Condominiums - I leases at an all-time average of $3,126 per month on 767 square feet, yielding a realized rate of $4.20 per square foot. The subject building is larger than every one of the four comparables—ranging from 52 to 202 additional square feet—while trading at a per-square-foot discount below three of the four competitors and a modest premium over King West Condominiums - III. This positions the subject as a space-efficient, mid-rate option in a micro-market where tenants can access comparable or smaller footprints at similar or higher per-square-foot pricing.

75 East Liberty St, Toronto

Avg Asking$2,740/mo
Avg $/SF$4.30
Rent Spread:
+$106/mo (+4.0%) Higher

150 East Liberty St, Toronto

Avg Asking$2,497/mo
Avg $/SF$4.29
Rent Spread:
-$136/mo (-5.2%) Lower

69 Lynn Williams St, Toronto

Avg Asking$2,408/mo
Avg $/SF$4.53
Rent Spread:
-$225/mo (-8.5%) Lower

65 East Liberty St, Toronto

Avg Asking$2,750/mo
Avg $/SF$3.91
Rent Spread:
+$117/mo (+4.4%) Higher

135 East Liberty St, Toronto

Avg Asking$2,755/mo
Avg $/SF$4.73
Rent Spread:
+$121/mo (+4.6%) Higher

50 Lynn Williams St, Toronto

Avg Asking$2,315/mo
Avg $/SF$4.30
Rent Spread:
-$318/mo (-12.1%) Lower

Comparable Analysis & Questions

How do rental rates at King West Condominiums - I compare to neighbouring buildings within Liberty Village?

King West Condominiums - I at 85 East Liberty Street leases at an all-time average of $3,126 per month, which is $522 above the four-comparable average of $2,604 and $459 above the Liberty Village submarket lease benchmark of $2,667. King West Condominiums - II (75 East Liberty St) averages $2,705 per month at $4.25 per square foot on 663 square feet; Liberty Place (150 East Liberty St) averages $2,540 per month at $4.33 per square foot on 600 square feet; Liberty on the Park (69 Lynn Williams St) averages $2,420 per month at $4.42 per square foot on 565 square feet; and King West Condominiums - III (65 East Liberty St) averages $2,750 per month at $3.91 per square foot on 715 square feet. The subject's higher absolute rent reflects its larger suite footprint rather than a rate premium, as its per-square-foot pricing sits below three of the four comparables.

Does King West Condominiums - I offer a competitive price-per-square-foot ($/SF) against local comparables?

King West Condominiums - I delivers 767 average square feet at $4.20 per square foot, a rate that undercuts Liberty Place ($4.33/SF on 600 sq ft), Liberty on the Park ($4.42/SF on 565 sq ft), and King West Condominiums - II ($4.25/SF on 663 sq ft) while carrying a 7.4% per-square-foot premium over King West Condominiums - III ($3.91/SF on 715 sq ft). Tenants choosing the subject building gain 52 to 202 additional square feet of interior space compared with every nearby competitor, yet pay a lower or comparable rate per square foot in three of the four matchups. The trade-off is straightforward: renters accept a slightly higher total monthly rent in exchange for materially more living area, making the subject the best value-per-square-foot option against Liberty Place and Liberty on the Park, and a near-parity play against King West Condominiums - II.

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

King West Condominiums - I offers a 15-feature amenity suite that extends beyond every nearby competitor, particularly in resort-style recreation and full-service lifestyle programming. The subject's indoor pool, hot tub and jacuzzi, and sauna and steam room are absent from both Liberty Place and Liberty on the Park, which instead offer a yoga studio and garden courtyard. The bowling alley and golf simulator at 85 East Liberty Street have no equivalent at Liberty Place or Liberty on the Park, while King West Condominiums - II and III share those two features but lack the subject's dedicated dining room and kitchen. The hair salon and spa at the subject building exceeds the basic hair salon at King West Condominiums - II and is entirely absent from the other three comparables. Together, this package—indoor pool, bowling alley, golf simulator, full dining room, and spa services—serves professionals and young families who want a single-building lifestyle ecosystem without supplementing with off-site memberships or co-working passes.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around King West Condominiums - I.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Golf Simulator
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Bowling Alley
  • Hair Salon & Spa

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for King West Condominiums - I.

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.