The Verge Condominiums — Rental Market Data

The Verge Condominiums has one active listing as of August 31, 2026, asking $3,175 per month with no spread between minimum and maximum since it is the sole unit on the market. The available suite spans 950 square feet at $3.34 per square foot, and it is a two-bedroom layout representing 100 percent of current active inventory. With only a single listing, the building's active stock leans entirely toward a mid-size multi-bedroom configuration rather than compact entry-level studios or larger executive three-bedroom layouts.

The sole active layout at The Verge Condominiums is a two-bedroom suite, accounting for 100 percent of the building's one available listing. That unit asks $3,175 per month for 950 square feet at $3.34 per square foot, and no other bedroom tiers—studio, one-bedroom, or three-bedroom—are currently listed. Renters seeking alternative layouts within this building must look to the broader Etobicoke South submarket, which carries 13 active listings in total.

The Verge Condominiums shows a minimum and maximum asking rent of $3,175 per month, producing a dollar spread of zero and a percentage spread of zero because only one unit is on the market. The entry-level and peak suite are the same two-bedroom, 950-square-foot unit priced at $3.34 per square foot. With a single active listing, there is no internal price gradient to evaluate; renters comparing options should reference the submarket's 13 active listings for a broader range of asking rents and suite sizes.

The Verge Condominiums does not have a quantified den premium or square-footage delta for its active inventory, as the single listing is a standard two-bedroom without a separate den configuration to isolate. Parking stall costs also cannot be reliably isolated from the available data; the paired sample is insufficient to produce a defensible monthly premium figure. Renters should confirm parking and den-specific pricing directly with the leasing office before signing a lease.

The Verge Condominiums' active asking rent of $3,175 per month exceeds the Etobicoke South submarket average asking rent of $2,502, but the per-square-foot rate of $3.34 is 9.5 percent below the submarket asking benchmark of $3.69 per square foot. The nominal rent gap resolves through suite size: the active unit at 950 square feet is considerably larger than the typical submarket listing, so the lower rate per square foot reflects a more spacious footprint rather than a discount on compact units. The building holds one out of 13 active listings in the Etobicoke South submarket, representing roughly 7.7 percent of total available inventory in the area.

The Verge Condominiums averages $2,445 per month across 26 closed leases, which is $115 above the four-comp benchmark of $2,330 per month and $74 above the Etobicoke South submarket average of $2,371. Verge Condos at 1037 The Queensway (0.15 km, 15 closed leases) rents at $2,299 per month at $4.11 per square foot across 577 square feet; Kazmir Condos at 6 Chartwell Road (0.4 km, 10 closed leases) averages $2,180 per month at $3.72 per square foot over 592 square feet; Curio Condos at 799-801 The Queensway (0.72 km, 14 closed leases) posts $2,278 per month at $3.82 per square foot for 601 square feet; and Reina Condos at 689 The Queensway (1.28 km, 14 closed leases) commands $2,563 per month at $3.77 per square foot across 686 square feet. All four competitors recorded active lease transactions, so each provides a realized rent benchmark rather than a listing-only reference.

The Verge Condominiums leases at $3.65 per square foot for an average 676-square-foot suite, trading at a discount below every active nearby competitor on a per-square-foot basis while delivering more interior space than three of the four peers. Against Verge Condos, the subject trades at a $0.46 per square foot (11.2 percent) discount and provides 99 more interior square feet; against Kazmir Condos, the discount is $0.07 per square foot (1.9 percent) with 84 additional square feet; and against Curio Condos, the subject offers a $0.17 per square foot (4.5 percent) discount alongside 75 more square feet. Reina Condos is the one exception on footprint: the subject provides 10 fewer interior square feet than Reina's 686-square-foot average, yet still trades at a $0.12 per square foot (3.2 percent) discount, meaning the subject's lower nominal rent of $2,445 versus Reina's $2,563 is driven by both a smaller suite and a lower rate per square foot rather than a pure valuation gap. In every active comparison, the subject's higher or comparable monthly rent is offset by a competitive per-square-foot rate, making the total cost-per-foot the primary differentiator for renters weighing these options.

The Verge Condominiums offers a mid-tier lifestyle package of ten amenities including a concierge desk, gym and fitness centre, yoga studio, party and lounge room, rooftop terrace with BBQ area, pet wash station, business centre, outdoor children's playground, and an outdoor games area. The building's outdoor games area is a feature absent from all four named competitors, while the subject lacks indoor meeting rooms, games and billiards rooms, and indoor kids' play spaces that Verge Condos, Kazmir Condos, Curio Condos, and Reina Condos each provide. Curio Condos extends further with a café hub, dining room and kitchen, dog run, fire pits, garden and courtyard, library and reading room, hobby room, and a woodworking room; Reina Condos adds EV charging, a media and theatre room, soundproof room, parcel room, stroller parking, and a garden and courtyard. The Verge Condominiums' package best serves young professionals and small families who prioritize outdoor recreation, a dedicated pet wash station, and a straightforward fitness-and-social layout over the indoor entertainment and remote-work infrastructure that its larger-amenity peers emphasize.