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Market Data as of August 31, 2026

The East Tower — Rental Market Data

98 Lillian St, Toronto, Ontario M4S 0A5
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,580
2-Bedroom
1
$3,350

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2017
Total Suites255
DeveloperMadison Group

The East Tower is an established high-rise development located at 98 Lillian St in the North Midtown neighborhood, developed by Madison Group and completed in 2017. Containing 255 suites across its structure, the property currently maintains 2 active listings, translating to an availability rate of 0.8 percent alongside a brisk leasing pace that recorded 9 closed leases over the past 90 days with an average of 19 days on the market, alongside 3 closed leases over the past 30 days with an average of 16 days on the market.

Active asking rents average $2,965 per month at a rate of $4.58 per square foot, compared to realized 90-day leases averaging $2,960 per month at $4.07 per square foot. Current active inventory averages 650 square feet, which is more compact than historical leases, while the active asking rate per square foot exceeds the North Midtown submarket asking benchmark of $4.27 per square foot by 7.3 percent.

Marketing friction remains exceptionally low with active listings spending an average of 8 days on the market and zero delisted or terminated units recorded. Prospective tenants find an even split in the current inventory, with 1-Bedroom layouts offering an entry point at 550 square feet and 2-Bedroom layouts providing larger footprints at 750 square feet.

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Active Rental Inventory & Asking Rates

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

Active Units2
+1 (100.0%)
Avg Asking Rent$2,965
+$215 (7.8%)
Avg Suite Size650 sf
+100 sf (18.2%)
Avg Days on Market8d
-9d (52.9%)
Avg Asking $/SF$4.58
-$0.42 (8.4%)

Active Market Insights & Questions

How has rental availability changed at The East Tower recently?

The East Tower features 2 active listings as of August 31, 2026, with asking rents ranging from $2,580 to $3,350 per month, an average asking rent of $2,965 per month, and a median asking rent of $2,965 per month. Current active suites average 650 square feet with an average asking rate of $4.58 per square foot. The active inventory is evenly split between 1-Bedroom and 2-Bedroom layouts, creating a balanced selection between compact entry-level suites and larger multi-bedroom executive layouts.

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

The dominant active layout at The East Tower is the 1-Bedroom, representing 1 listing and an inventory share percentage of 50 percent. The available 1-Bedroom suite features an average rent of $2,580 per month across an average of 550 square feet, yielding $4.69 per square foot. The 2-Bedroom layout accounts for the remaining 1 listing and 50 percent share, commanding an average rent of $3,350 per month across 750 square feet at a rate of $4.47 per square foot.

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

The East Tower exhibits a minimum entry rent of $2,580 per month and a peak asking rent of $3,350 per month, creating a dollar spread of $770 and a percentage spread of 29.8 percent. The median asking rent sits at $2,965 per month. The entry-level suite consists of a 1-Bedroom layout spanning 550 square feet at an asking rate of $4.69 per square foot, while the peak suite comprises a 2-Bedroom layout spanning 750 square feet at an asking rate of $4.47 per square foot.

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

The East Tower currently has no active den inventory, meaning den premiums and square footage deltas cannot be calculated from current listings. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, so no specific parking fees are quoted for current listings. Tenants should verify parking stall availability and associated monthly fees directly with the leasing office.

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

The East Tower asks an average rent of $2,965 per month at $4.58 per square foot, which compares to the North Midtown submarket asking benchmark of $2,803 per month at $4.27 per square foot. The higher nominal monthly rent is paired with an asking rate per square foot that sits 7.3 percent above the broader submarket asking benchmark. The property represents a minute fraction of the submarket's 232 active listings, maintaining a tight availability rate of 0.8 percent across its 255 total suites.

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 East Tower (Data period: For the month of August 2026).

Units Leased3
Avg Leased Price$3,167
Avg Leased Size720 sf
Avg Days to Lease16d
Leased $/SF$4.08

Leased Transaction Insights & Questions

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

At The East Tower, the 30-day average days on market is 16 days, while the 90-day average sits at 19 days, comfortably outpacing the North Midtown submarket benchmark of 24 days. Closed lease counts shifted from 3 deals over the last 30 days to 9 deals across the 90-day window, matching the lifetime total of 13 recorded transactions. This volume pattern demonstrates that leasing velocity accelerated steadily through the summer leasing window.

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

At The East Tower, transactions settled with an average tenant discount of $21 per month off asking, representing a 0.86% reduction below asking and yielding $252 in annual tenant savings. Exactly 23.1% of closed leases secured concessions under asking price, reflecting mild tenant leverage and landlord concessions during negotiations.

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

The highest-volume anchor layouts at The East Tower are the 1-Bedroom + Den, which recorded 5 closed leases at an average monthly rent of $2,680 per month (median $2,700 per month, P25-P75 range of $2,650 to $2,750 per month) and an average of 16 days on market, and the 2-Bedroom tier, which recorded 4 closed leases averaging $2,910 per month (median $2,800 per month, P25-P75 range of $2,750 to $2,960 per month) with an average of 20 days on market. The 1-Bedroom tier accounted for 2 closed leases with an average monthly rent of $2,250 per month, a median of $2,250 per month, a P25-P75 range of $2,225 to $2,275 per month, an average size of 550 square feet, a rate of $4.09 per square foot, and an average of 38 days on market, representing a limited sample size. The 2-Bedroom + Den tier recorded 2 closed leases with an average monthly rent of $4,100 per month, a median of $4,100 per month, a P25-P75 range of $4,075 to $4,125 per month, an average size of 1,025 square feet, a rate of $4.02 per square foot, and an average of 7 days on market, also representing a limited sample size.

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

At The East Tower, verified leased parking premiums averaged $341 per month. Parking stalls are typically bundled into suite agreements for larger multi-bedroom floor plans. Active asking parking rates could not be reliably isolated due to an insufficient paired sample.

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

At The East Tower, overall rent trajectories rose steadily across the tracked monthly timeline from spring into late summer. In April 2026, 2 closed deals averaged $2,750 per month at $3.94 per square foot with 10 days on market. In May 2026, 2 closed deals averaged $2,800 per month at $4.19 per square foot with 28 days on market. In June 2026, 3 closed deals averaged $2,850 per month at $4.15 per square foot with 27 days on market. In July 2026, 3 closed deals averaged $2,863 per month at $3.98 per square foot with 13 days on market. In August 2026, 3 closed deals averaged $3,167 per month at $4.08 per square foot with 16 days on market.

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)
2026-04-27128006034.6425
2026-04-28128006034.6426
2026-04-29128006034.6427
2026-04-30128006034.6428
2026-05-01128006034.6429
2026-05-02128006034.6430
2026-05-03128006034.6431
2026-05-04234007774.4316
2026-05-05234007774.4317
2026-05-06234007774.4318
2026-05-07429757134.1910
2026-05-08528406814.198
2026-05-09528406814.199
2026-05-10528406814.1910
2026-05-11528406814.1911
2026-05-12428507004.086
2026-05-13428507004.087
2026-05-14428507004.088
2026-05-15428507004.089
2026-05-16428507004.0810
2026-05-17428507004.0811
2026-05-18428507004.0812
2026-05-19428507004.0813
2026-05-20324676174.0313
2026-05-21324676174.0314
2026-05-22223005504.1815
2026-05-23223005504.1816
2026-05-24223005504.1817
2026-05-25223005504.1818
2026-05-26223005504.1819
2026-05-27223005504.1820
2026-05-28223005504.1821
2026-05-29223005504.1822
2026-05-30223005504.1823
2026-05-31223005504.1824
2026-06-01223005504.1825
2026-06-02223005504.1826
2026-06-03223005504.1827
2026-06-04223005504.1828
2026-06-05328636834.1919
2026-06-06328636834.1920
2026-06-07328636834.1921
2026-06-08328636834.1922
2026-06-09328636834.1923
2026-06-10328636834.1924
2026-06-11328636834.1925
2026-06-12123005504.1835
2026-06-13123005504.1836
2026-06-14123005504.1837
2026-06-15123005504.1838
2026-06-24134408504.05N/A
2026-06-25134408504.051
2026-06-26134408504.052
2026-06-27134408504.053
2026-06-28134408504.054
2026-06-29134408504.055
2026-06-30134408504.056
2026-07-01134408504.057
2026-07-02134408504.058
2026-07-03231207534.165
2026-07-04231207534.166
2026-07-05334138683.994
2026-07-06431738143.934
2026-07-07431738143.935
2026-07-08330838023.893
2026-07-09330838023.894
2026-07-10330838023.895
2026-07-11330838023.896
2026-07-12330838023.897
2026-07-13330838023.898
2026-07-14331837684.307
2026-07-15331837684.308
2026-07-16331837684.309
2026-07-17331837684.3010
2026-07-18227756034.6410
2026-07-19227756034.6411
2026-07-20227756034.6412
2026-07-21127505505.007
2026-07-22127505505.008
2026-07-23127505505.009
2026-07-24127505505.0010
2026-07-25127505505.0011
2026-07-26127505505.0012
2026-07-27127505505.0013
2026-07-28127505505.0014
2026-07-29127505505.0015
2026-07-30127505505.0016
2026-07-31127505505.0017
2026-08-01127505505.0018
2026-08-02127505505.0019
2026-08-03127505505.0020
2026-08-04127505505.0021
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2026-08-07127505505.0024
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2026-08-09127505505.0026
2026-08-10127505505.0027
2026-08-11127505505.0028
2026-08-12127505505.0029
2026-08-13127505505.0030
2026-08-14234658254.4016
2026-08-151418011003.801
2026-08-161418011003.802
2026-08-17233808254.252
2026-08-18233808254.253
2026-08-19331208003.992
2026-08-20331208003.993
2026-08-21225906504.083
2026-08-22225906504.084
2026-08-23225906504.085
2026-08-24225906504.086
2026-08-25225906504.087
2026-08-26225906504.088
2026-08-27225906504.089
2026-08-28225906504.0810
2026-08-29229656504.586
2026-08-30229656504.587
2026-08-31229656504.588

12-Month Market Dynamics & Trend Trajectory

The East Tower has established a reliable leasing history across 13 lifetime transactions, maintaining an average monthly rent of $2,903 per month and an average rate of $4.07 per square foot. Average suite sizes span 720 square feet with an overall average days on market of 19 days, reflecting steady tenant turnover within the North Midtown submarket. Pricing discipline at the property exhibits moderate tenant negotiation leverage. With transactions settling at a slight discount to asking prices, leasing outcomes point to balanced market conditions where prospective occupants successfully secure minor concessions.

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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)
2026-05-10128006034.6440
2026-05-17128007503.7315
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-07231757504.2222
2026-06-14122005504.0039
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-05134408504.0514
2026-07-12124506503.778
2026-07-19127006554.1218
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-09127505505.0032
2026-08-161415011003.777
2026-08-23126007503.4710

Nearby Building Rental Comparables & Price Spreads

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

The competitive set for The East Tower at 98 Lillian St features several established high-rise alternatives within a tight 0.16 kilometer radius, including West Tower at 89 Dunfield Ave (completed in 2016, 11 active listings), 123 Eglinton Avenue East (completed in 2001, 3 active listings), Midtown - 50 Dunfield at 50 Dunfield Ave (completed in 2024, 31 active listings), and The Eglinton at 125 Redpath Ave (completed in 2019, 51 active listings). These properties span distinct construction eras, ranging from early 2000s developments to newer towers completed in the mid-2020s, allowing renters to contrast older, more generously proportioned floor plans against mid-2010s construction standards. Positioned within this micro-market, The East Tower commands an average lease rent of $2,903 per month at $4.07 per square foot across an average suite size of 720 square feet, closely aligning with the broader competitive benchmark average rent of $3,013 per month, $3.80 per square foot, and 828 square feet. Built in 2017, the subject building captures a balanced middle ground in age-driven value, trading at a slight rate per square foot discount relative to older or more densely priced peers while offering competitive interior sizing compared to smaller micro-condo alternatives in the immediate area.

89 Dunfield Ave, Toronto

Avg Asking$2,852/mo
Avg $/SF$4.36
Rent Spread:
-$113/mo (-3.8%) Lower

123 Eglinton Ave E, Toronto

Avg Asking$4,067/mo
Avg $/SF$3.22
Rent Spread:
+$1,102/mo (+37.2%) Higher

101 Roehampton Avenue, Toronto

Avg Asking$2,818/mo
Avg $/SF$4.22
Rent Spread:
-$147/mo (-5.0%) Lower

50 Dunfield Ave, Toronto

Avg Asking$2,837/mo
Avg $/SF$3.80
Rent Spread:
-$128/mo (-4.3%) Lower

125 Redpath Ave, Toronto

Avg Asking$2,297/mo
Avg $/SF$4.18
Rent Spread:
-$668/mo (-22.5%) Lower

161 Roehampton Ave, Toronto

Avg Asking$2,525/mo
Avg $/SF$4.33
Rent Spread:
-$440/mo (-14.9%) Lower

Comparable Analysis & Questions

How do rental rates at The East Tower compare to neighbouring buildings within North Midtown?

The East Tower averages $2,903 per month in lease rent, sitting just below the overall competitor average of $3,013 per month across benchmarks that include West Tower, 123 Eglinton Avenue East, Midtown - 50 Dunfield, and The Eglinton. West Tower at 89 Dunfield Ave recorded an average lease rent of $2,855 per month at $4.19 per square foot across an average of 696 square feet. 123 Eglinton Avenue East registered a higher average lease rent of $4,067 per month at $3.22 per square foot across a much larger average footprint of 1,283 square feet. Midtown - 50 Dunfield at 50 Dunfield Ave posted an average lease rent of $2,816 per month at $3.77 per square foot across 748 square feet. Finally, The Eglinton at 125 Redpath Ave reported an average lease rent of $2,313 per month at $4.03 per square foot across an average size of 585 square feet.

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

The East Tower establishes its value proposition through a balanced lease rate of $4.07 per square foot across an average 720 square foot footprint, positioning it competitively against older and newer alternatives in the North Midtown submarket. Renters evaluating the building weigh specific trade-offs between modern layout efficiency and older, more sprawling footprints; for instance, 123 Eglinton Avenue East provides 563 more interior square feet at a lower rate of $3.22 per square foot, whereas more compact modern inventory like The Eglinton offers smaller 585 square foot layouts at $4.03 per square foot. By comparison, West Tower offers tighter 696 square foot suites at a higher rate of $4.19 per square foot, making The East Tower an attractive option for tenants seeking modern 2017 construction standards without the elevated utility burdens or spatial inefficiencies often found in older developments.

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

Residents at The East Tower enjoy an extensive lifestyle and amenity package that stands out competitively against surrounding multi-residential properties in North Midtown. The building features signature amenities such as an indoor pool, a dedicated yoga studio, a hot tub and jacuzzi, a sauna and steam room, and a rooftop terrace. When compared directly to nearby peers, these facilities rival the offerings at West Tower, which features a similar wellness suite alongside a garden and courtyard, and Midtown - 50 Dunfield, which adds a spin studio, meeting rooms, and a library. Meanwhile, older developments like 123 Eglinton Avenue East include unique additions such as a car wash bay and a library, and newer buildings like The Eglinton feature a pet wash station, kids' play room, and wifi lounge. This comprehensive amenity program particularly serves young professionals and couples seeking an active, wellness-oriented building lifestyle with robust indoor recreational facilities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The East Tower.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace

Data Methodology & Analytical Standards

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

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.