Electra Lofts — Rental Market Data

Electra Lofts has two units actively listed as of August 31, 2026, with asking rents ranging from $2,200 to $3,700 per month, an average of $2,950 per month, and a median of $2,950 per month. The average active suite measures 750 square feet at an asking rate of $3.87 per square foot. Inventory is evenly split between a one-bedroom and a two-bedroom listing, so the building currently offers one entry-level option and one multi-bedroom executive layout with no additional depth in either tier.

The dominant active layout at Electra Lofts is the one-bedroom, with one unit representing 50 percent of available inventory at an average asking rent of $2,200 per month, 650 square feet, and a rate of $3.38 per square foot. The two-bedroom tier also holds one unit at 50 percent share, listed at $3,700 per month across 850 square feet at $4.35 per square foot. Both tiers are single-listing samples, so each bedroom category reflects an individual deal rather than a broader market signal.

Electra Lofts shows a minimum entry rent of $2,200 per month and a peak asking rent of $3,700 per month, producing a dollar spread of $1,500 and a percentage spread of 68.2 percent. The median asking rent sits at $2,950 per month. The entry-level suite is a one-bedroom at 650 square feet priced at $3.38 per square foot, while the peak listing is a two-bedroom at 850 square feet carrying a rate of $4.35 per square foot, reflecting both a larger footprint and a premium layout tier.

Electra Lofts does not currently have quantified den premium data, as no active listings include a den configuration to isolate the marginal cost per square foot of additional den space. Parking stall premiums also cannot be reliably isolated from the available paired sample, so no specific monthly parking fee can be quoted for active tenants. Renters should request individual parking and den pricing directly from the leasing office for any specific unit of interest.

Electra Lofts' active asking rent of $2,950 per month at $3.87 per square foot sits below the Toronto West submarket average asking rent of $3,051 per month and well under the submarket asking rate of $4.72 per square foot. The 18 percent discount on rate per square foot versus the submarket benchmark reflects both the building's 2002 construction era and the slightly larger average suite footprint of 750 square feet compared to the submarket norm. Electra Lofts accounts for 2 out of 50 available listings in the Toronto West submarket, representing a 4 percent share of total active inventory.

Electra Lofts' all-time average realized lease rent of $3,013 per month sits $1,763 above the $1,250 benchmark set by the only active competitor in the immediate area, 1371 King Street W at 1371 King Street W (0.81 km), which closed two lease transactions over the trailing 180 days at an average of $1,250 per month, $3.13 per square foot, and 400 square feet. The remaining three nearby buildings—Willard Apartments at 1 Triller Avenue (0.06 km, built in 1914), 60 Triller Avenue (0.27 km, estimated completion 2025), and Brock Lofts at 27 Brock Ave (1.09 km, built in 2003)—each recorded zero closed leases over the same 180-day window and therefore carry no realized rent benchmark against which to compare. Because 1371 King Street W's two-lease sample is a limited data set, the $1,763 monthly premium Electra Lofts commands should be read in context of the subject's substantially larger suite footprint rather than as a pure rate differential on identical product.

Electra Lofts commands a $0.78 per square foot (24.9%) premium over the sole active competitor, 1371 King Street W, while simultaneously providing 335 more interior square feet per suite (735 versus 400), meaning the subject's higher monthly rent is driven by both a larger physical footprint and a higher rate per square foot rather than a trade-off between space and pricing. Against the Toronto West submarket average of $4.29 per square foot, Electra Lofts' $3.91 per square foot leased rate represents a 3.3% discount, positioning the building as a value-oriented option for renters who prioritize interior volume over peak per-square-foot pricing. The three zero-transaction reference buildings—Willard Apartments, 60 Triller Avenue, and Brock Lofts—recorded no closed leases over the trailing 180 days and cannot serve as active pricing benchmarks; they function only as architectural and amenity context for the pocket. Tenants at Electra Lofts are therefore paying a premium over the one active comp but capturing nearly double the interior square footage, a trade-off that favours renters seeking spacious one- and two-bedroom layouts over compact, high-density product.

Electra Lofts offers a seven-feature amenity suite—including a gym and fitness centre, party and lounge room, meeting room, media and theatre room, EV charging station, secure parcel lockers, and change rooms with bathrooms—that is substantially broader than any competitor in the immediate 1.1-kilometre radius. The sole active pricing peer, 1371 King Street W, provides only a shared laundry room; Willard Apartments at 1 Triller Avenue offers no common lifestyle or recreational facilities whatsoever; 60 Triller Avenue adds concierge and security plus a shared laundry room; and Brock Lofts at 27 Brock Ave includes a BBQ area, concierge and security, and a rooftop terrace. No competitor in this set matches Electra Lofts' combination of fitness, remote-work (meeting room), entertainment (media and theatre room), and EV charging infrastructure, giving the building a clear lifestyle edge for professionals who work from home, entertain guests on-site, or require vehicle charging. The primary demographic best served by this package is the cost-conscious young professional or small household seeking a full-service residential experience—gym, meeting space, social lounge, and EV access—without paying the premium associated with luxury high-rise towers in the broader Toronto West submarket.