1 King West Hotel and Residences — Rental Market Data

At 1 King West Hotel and Residences, active inventory stands at 3 available listings, reflecting a tight availability rate of 0.5% across the 575-suite building. Asking rents range from a minimum of $2,000 per month to a maximum of $2,150 per month, yielding an average asking rent of $2,083 per month and a median asking rent of $2,100 per month. The overall active asking rate stands at $4.24 per square foot across an average suite size of 500 square feet, with active listings averaging 42 days on market.

At 1 King West Hotel and Residences, active listings are distributed across studio and 1-bedroom floor plans. Studio suites comprise 2 active listings (66.7% of current inventory), averaging 475 square feet and asking $2,075 per month at $4.45 per square foot. The 1-bedroom tier represents 1 active listing (33.3% of inventory), offering 550 square feet and asking $2,100 per month at $3.82 per square foot.

At 1 King West Hotel and Residences, active asking rents span a spread of $150 per month (a 7.5% spread from the $2,000 minimum to the $2,150 maximum). Studios range from $2,000 to $2,150 per month, while the single available 1-bedroom listing is priced at $2,100 per month, demonstrating a tightly compressed pricing band across current inventory.

At 1 King West Hotel and Residences, active parking premium data is inconclusive due to an unreliable outlier or insufficient paired sample, and parking figures are not separately isolated. Similarly, active den premium data is not separately isolated within current inventory, and renters should verify parking inclusion directly with listing agents.

At 1 King West Hotel and Residences, active asking rents average $2,083 per month at $4.24 per square foot, positioning the building below the Downtown Core submarket asking averages of $3,471 per month and $4.56 per square foot. The building's asking rate per square foot trades at a 7% discount relative to the broader submarket asking benchmark.

1 King West Hotel and Residences achieves an average lease rent of $2,253 per month, which tracks below the overall comp average of $3,094 per month across key area benchmarks including Cosmopolitan, Metropole, 88 Scott, and The Wellington. Individual performance across the competitive set varies by asset age and footprint: Cosmopolitan reports an average lease rent of $2,100 per month at $5.25 per square foot across 400 square feet; Metropole averages $2,921 per month at $3.90 per square foot across 819 square feet; 88 Scott realizes $2,956 per month at $4.35 per square foot across 697 square feet; and the legacy asset The Wellington records an average lease rent of $4,400 per month at $2.82 per square foot across a much larger 1,567 square foot average floor plate.

1 King West Hotel and Residences positions its value proposition through a competitive average leased rate of $4.77 per square foot across an average suite size of 484 square feet, offering a tailored entry point compared to the micro-market benchmark average of $4.08 per square foot and 871 square feet. Renters evaluating the building weigh compact, highly efficient suite layouts against the larger, older footprints found at properties like The Wellington (1,567 square feet at $2.82 per square foot) and Metropole (819 square feet at $3.90 per square foot). While buildings like Cosmopolitan command a higher rate of $5.25 per square foot across tighter 400 square foot layouts, 1 King West Hotel and Residences provides greater interior square footage than Cosmopolitan, balancing central Downtown Core accessibility with moderate overall monthly financial commitments.

1 King West Hotel and Residences delivers a distinctive lifestyle and amenity package that blends historic character with hospitality-inspired conveniences, contrasting effectively against modern glass towers and traditional residential blocks in the immediate vicinity. The building features standout signature amenities including a Concierge & Security service, a Gym & Fitness Centre, a Hot Tub & Jacuzzi, a Sauna & Steam Room, and a Historic Bank Vault. When compared to nearby peers, 1 King West Hotel and Residences leans into its heritage hospitality identity rather than mimicking the contemporary wellness spaces found at 88 Scott (which offers a dedicated Spin Studio, Yoga Studio, Indoor Pool, and Pet Wash Station) or the squash courts and indoor pools found at legacy properties like Metropole and The Wellington. This amenity ecosystem exceptionally serves urban professionals and history-appreciating residents seeking full-service hotel-style living in the heart of the financial district.