Transit City 4 (TC4) — Rental Market Data

Transit City 4 (TC4) features 7 active listings as of August 31, 2026, spanning a price range of $1,780 to $2,450 per month with an average asking rent of $2,133 per month and a median asking rent of $2,100 per month. Active suites average 539 square feet with an average asking rate of $3.98 per square foot. The inventory leans heavily toward compact entry-level options, where 1-Bedroom suites claim a dominant share of 57.1 percent across the active market.

The dominant active layout at Transit City 4 (TC4) is the 1-Bedroom configuration, accounting for 4 active listings and a 57.1 percent share of the current inventory. Available 1-Bedroom suites average $1,945 per month at $4.07 per square foot across 482 square feet. Meanwhile, 1-Bedroom + Den floor plans comprise 3 active listings representing a 42.9 percent inventory share, averaging $2,383 per month at $3.88 per square foot across an average area of 617 square feet.

Transit City 4 (TC4) displays a minimum entry rent of $1,780 per month and a peak asking rent of $2,450 per month, creating a dollar spread of $670 per month or a 37.6 percent pricing spread. The median asking rent rests at $2,100 per month. The entry-level suite consists of a 1-Bedroom unit spanning 400 square feet listed at $4.45 per square foot, while the peak suite is a 1-Bedroom + Den layout offering 650 square feet priced at $3.77 per square foot.

Transit City 4 (TC4) commands an active den premium of $438 per month for an additional 135 square feet of interior space, reflecting a marginal cost of $3.24 per square foot for the extra den area. Active parking stalls are available for a verified monthly fee of $100 per month.

Transit City 4 (TC4) asks an average rent of $2,133 per month at $3.98 per square foot, compared to the broader Vaughan Metropolitan Centre submarket asking benchmark of $2,315 per month at $3.73 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate stands 6.7 percent above the submarket asking benchmark per square foot, supported by 7 active listings representing 6.1 percent of the submarket's 115 active units.

Transit City 4 (TC4) records an average lease rate that compares competitively against the overall comp average of $2,362 per month, drawing on performance benchmarks from neighboring developments like Transit City 5 (TC5), Transit City, and The Met. Transit City 5 (TC5) at 7890 Jane St reports an average lease rent of $2,315 per month at $3.70 per square foot across an average of 632 square feet. Transit City at 898 Portage Pkwy logs an average lease rent of $2,372 per month at $3.37 per square foot across an average of 707 square feet. The Met at 7895 Jane St posts an average lease rent of $2,400 per month at $3.82 per square foot across an average of 634 square feet. Meanwhile, The Millway at 185 Millway Avenue / 20 Bent Tree Drive registers no active lease transactions in the current period, though it stands as a direct peer built in 2023 at a 0.14 km distance.

Transit City 4 (TC4) establishes its value proposition by offering modern, highly efficient suite layouts that trade at structured square foot pricing relative to older or larger alternatives in the Vaughan Metropolitan Centre submarket. Renters evaluating Transit City 4 (TC4) against Transit City at 898 Portage Pkwy (averaging 707 square feet at $3.37 per square foot) or Transit City 5 (TC5) at 632 square feet at $3.70 per square foot trade slightly more compact indoor footprints for newer finishes, lower utility burdens, and immediate proximity to transit infrastructure. Compared to submarket averages, the building commands a moderate premium driven by its 2023 construction year and integrated master-planned community amenities.

Transit City 4 (TC4) delivers an extensive lifestyle and amenity profile that competes strongly with premier vertical developments across the Vaughan Metropolitan Centre micro-market. Signature amenities at Transit City 4 (TC4) include an indoor pool, an outdoor pool, a golf simulator, a Tesla car-share program, and on-site Buca Restaurant and Bar access. When contrasted with neighbors, Transit City 5 (TC5) features competing assets such as a yoga studio, a basketball court, and an indoor running track, while Transit City incorporates a similar multi-sport and pool layout without the specialized automotive and dining integrations. The Met offers alternative shared spaces including a convenience store and an outdoor children's playground, whereas The Millway provides a standard wellness and courtyard package. This robust amenity ecosystem specifically serves young professionals and urban couples seeking hotel-style conveniences and transit-oriented lifestyle options.