King's Gate — Rental Market Data

There is currently 1 active rental listing available at 101 Subway Cres in Etobicoke. Over the past 30 days, availability has averaged 1 suites.

Current active inventory spans 1-bedroom floor plans.

Asking rents range across available layouts, averaging $2,300/month ($4.18/SF).

Landlords place an implied premium of $0/month for dedicated parking stalls and $0/month for suites with a den.

Asking rents at King's Gate ($2,300/month) are 15.0% lower than the Etobicoke average ($2,705/month).

King's Gate's average realized lease rent of $2,642 per month exceeds the four-comparable benchmark of $2,476 by $166, with the spread driven primarily by larger suite sizes rather than a higher per-square-foot rate. The Kip District 2 at 30 Samuel Wood Way (0.12 km, 28 closed leases) averages $2,244 per month at $4.08 per square foot on 570 square feet, meaning the subject commands $398 more per month despite offering 280 additional square feet. One – The Kip District at 20 Thomas Riley Road (0.15 km, 14 closed leases) averages $2,320 per month at $3.61 per square foot on 646 square feet, with the subject $322 higher on a 204-square-foot larger footprint. Cypress at Etobicoke at 50 Thomas Riley Road (0.21 km, 25 closed leases) averages $2,565 per month at $3.33 per square foot on 789 square feet, a $77 gap over the subject's larger 850-square-foot units. Nuvo 2 at Essex at 25 Viking Lane (0.47 km, 14 closed leases) averages $2,775 per month at $3.28 per square foot on 852 square feet, the only comp where the subject trades at a lower monthly rent—$133 less—on a nearly identical 850-square-foot footprint.

King's Gate offers a $3.29 per square foot leased rate on 850 square feet of interior space, trading at a discount below three of four nearby active competitors while commanding a marginal premium over Nuvo 2 at Essex, and its value proposition rests on delivering materially more living area per dollar than the newer Kip District and Cypress towers. Against The Kip District 2, the subject trades at a $0.79 per square foot (19.4%) discount while providing 280 more interior square feet, so the higher nominal rent is entirely a function of the larger footprint rather than a steeper valuation per unit of space. One – The Kip District shows the same pattern: the subject trades at a $0.32 per square foot (8.9%) discount with 204 additional square feet, making it the clear space-value play for renters who prioritize square footage over per-foot rate. Cypress at Etobicoke narrows the gap to a $0.04 per square foot (1.2%) discount with 61 more square feet, a near-parity trade where the subject's age and larger layout offset the comp's newer build. Against Nuvo 2 at Essex, the subject commands a $0.01 per square foot (0.3%) premium on 2 fewer square feet, a negligible differential that effectively places the two buildings at rate parity despite the subject's 1992 construction versus Nuvo 2's 2008 build.

King's Gate fields a full aquatic and wellness amenity suite—indoor pool, hot tub and jacuzzi, sauna and steam room, gym and fitness centre, car wash bay, party and lounge room, BBQ area, garden and courtyard, plus concierge and security—that distinguishes it from three of its four immediate competitors on lifestyle infrastructure. The Kip District 2 offers no indoor pool, no hot tub, and no sauna; its 13 amenities skew toward remote-work and entertainment (golf simulator, meeting room, media theatre, games room, dining kitchen) but lack the aquatic recreation the subject provides. One – The Kip District includes a sauna and steam room but omits both the indoor pool and hot tub, substituting EV charging, a library, and a rooftop terrace for wet-recreation facilities. Cypress at Etobicoke carries no pool, no hot tub, and no sauna, relying instead on a yoga studio, rooftop terrace, and indoor kids' play room. Only Nuvo 2 at Essex matches the subject's full aquatic trio of pool, hot tub, and sauna, though it layers on a golf simulator, business centre, internet café, and dining kitchen that King's Gate does not offer. The building's package—large 850-square-foot suites paired with in-building swimming, spa, and fitness access—best serves families and dual-income professionals who want resort-style recreation steps from their door without the compact-suite trade-offs of the surrounding 2019-to-2023 towers.