East Bayfront / Port Lands (established, ~C$40/sqft/yr · ≈ $29.6 PSF/yr USD) is one of 6 Toronto Class A submarkets we track.

  • East Bayfront / Port Lands sits at established tier.
  • Average rent C$40/sqft/yr · ≈ $29.6 PSF/yr USD vs city average 78.
  • Compared submarkets: Financial Core (trophy), King East & Distillery (prime), Midtown (established).

East Bayfront / Port Lands vs other Toronto submarkets

East Bayfront / Port Lands (established, ~C$40/sqft/yr · ≈ $29.6 PSF/yr USD) is one of 6 Toronto Class A submarkets we track.

TL;DR

  • East Bayfront / Port Lands sits at established tier.
  • Average rent C$40/sqft/yr · ≈ $29.6 PSF/yr USD vs city average 78.
  • Compared submarkets: Financial Core (trophy), King East & Distillery (prime), Midtown (established).

Side-by-side with peers

**Financial Core** (trophy, C$82/sqft/yr · ≈ $60.7 PSF/yr USD) — Bay Street and the PATH. **King East & Distillery** (prime, C$55/sqft/yr · ≈ $40.7 PSF/yr USD) — Brick-and-beam creative HQs. **Midtown** (established, C$48/sqft/yr · ≈ $35.5 PSF/yr USD) — Yonge and Eglinton corridor. **South Core** (trophy, C$56/sqft/yr · ≈ $41.4 PSF/yr USD) — Lakeshore-adjacent post-2010 trophy spine. **King West / Liberty Village** (prime, C$42/sqft/yr · ≈ $31.1 PSF/yr USD) — Tech and creative-class loft belt.

Key facts

cityToronto
submarketEast Bayfront / Port Lands
tierestablished
averageRentLocalC$40/sqft/yr · ≈ $29.6 PSF/yr USD
cityClassARentUsd$58/sqft/yr
cityVacancyPct17.6%

Frequently asked questions

What other submarkets compete with East Bayfront / Port Lands in Toronto?
Financial Core, King East & Distillery, Midtown

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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