The Polo Club I — Rental Market Data

The Polo Club I has one active listing as of August 31, 2026, asking $2,495 per month with no spread between minimum and maximum rent. The available suite measures 740 square feet at $3.37 per square foot and is configured as a one-bedroom plus den, representing 100 percent of current inventory. With only a single unit on the market, there is no meaningful layout distribution to assess; the building's historical lease data shows the one-bedroom plus den as the dominant tier at 57.1 percent of closed transactions, suggesting this configuration remains the core product for The Polo Club I.

The sole active listing at The Polo Club I is a one-bedroom plus den, accounting for 100 percent of available inventory at $2,495 per month. The suite spans 740 square feet at $3.37 per square foot, and no other bedroom tiers are currently listed. Renters seeking two-bedroom or studio configurations at this address will need to look to the broader Downtown Core submarket, where 224 active listings span a wider range of layouts.

The Polo Club I's single active listing asks $2,495 per month, making the minimum and maximum asking rent identical with a dollar spread of zero and a percentage spread of zero. The entry-level and peak suite are the same unit: a one-bedroom plus den at 740 square feet and $3.37 per square foot. Because only one unit is available, there is no internal price gradient to compare; the median asking rent of $2,495 per month reflects this single data point.

The Polo Club I's active den premium and square-footage delta cannot be quantified due to insufficient paired sample data, so no marginal cost per square foot for den space can be reliably stated. Active parking premiums also cannot be reliably isolated from the current listing data, as the sample is too small or contains anomalous outliers to produce a trustworthy figure. Historical lease records do confirm a verified parking add-on of $55 per month, which serves as a reasonable reference point for budgeting purposes.

The Polo Club I's active asking rent of $2,495 per month and $3.37 per square foot both trail the Downtown Core submarket averages of $3,471 per month and $4.56 per square foot by a wide margin. The 26.1 percent discount in rate per square foot versus the submarket asking benchmark is partly explained by the active suite's 740-square-foot footprint, which is larger than the submarket's typical lease size, but the per-square-foot advantage remains substantial even after adjusting for size. The building holds one out of 224 active listings in the Downtown Core, representing roughly 0.4 percent of total submarket inventory.

The Polo Club I's average realized lease rent of $2,428 per month sits $556 below the four-comp benchmark of $2,984, placing it as the most affordable option in this immediate Bay Street cluster. The Polo Club II at 44 St Joseph St (0.08 km, 20 closed leases) averaged $2,748 per month at $3.97 per square foot across 709 square feet, meaning the subject trades at a $320-per-month lower rent. U Condominiums – East Tower at 1080 Bay St (0.08 km, 58 closed leases) averaged $3,009 per month at $4.80 per square foot over 632 square feet, a $581-per-month gap above the subject. 1001 Bay at 1001 Bay St (0.13 km, 30 closed leases) averaged $3,003 per month at $4.00 per square foot across 805 square feet, $575 higher than the subject's realized rent. U Condominiums – West Tower at 65 St Mary St (0.14 km, 56 closed leases) posted the highest comp rent at $3,177 per month, $4.88 per square foot, and 662 square feet, a $749-per-month premium over the subject. All four competitors recorded active lease volume, so each figure reflects realized transaction data rather than asking-price estimates.

The Polo Club I leases at $4.10 per square foot across an average 613-square-foot suite, a combination that undercuts the comp benchmark of $4.41 per square foot and 702 square feet while delivering a lower total monthly rent than every nearby active competitor. Against The Polo Club II, the subject commands a $0.13-per-square-foot (3.3%) premium but provides 96 fewer interior square feet, so the $320 lower nominal rent is driven entirely by the smaller footprint rather than a cheaper rate. Versus U Condominiums – East Tower, the subject trades at a $0.70-per-square-foot (14.6%) discount and 19 fewer square feet, giving renters both a lower rate and a modestly compact layout for $581 less per month. Against 1001 Bay, the subject commands a $0.10-per-square-foot (2.5%) premium while providing 192 fewer square feet, meaning the $575 rent savings come from a significantly smaller interior rather than a lower per-foot rate. U Condominiums – West Tower presents the widest gap: the subject trades at a $0.78-per-square-foot (16.0%) discount with 49 fewer square feet, delivering a $749-per-month saving that reflects both a more competitive rate and a tighter footprint.

The Polo Club I offers an 11-feature lifestyle package anchored by an outdoor pool, hot tub and jacuzzi, squash and racquetball court, and rooftop terrace, a set that overlaps heavily with its 1988-era sibling but differentiates it from the 2016 U Condominiums towers. Compared with U Condominiums – East Tower, the subject provides an outdoor pool (versus the comp's indoor pool), a hot tub and jacuzzi, and a squash and racquetball court that the East Tower lacks, while the East Tower counters with a yoga studio, library and reading room, media and theatre room, and garden courtyard absent from the subject. Against 1001 Bay, the subject adds a meeting room and an outdoor pool where 1001 Bay offers an indoor pool and a basketball court in return. U Condominiums – West Tower has no pool, no hot tub, no squash court, and no BBQ area, offsetting with a dining room and kitchen, media and theatre room, library, yoga studio, and garden courtyard that the subject does not carry. The Polo Club I's package—outdoor aquatic recreation, racquet sports, a dedicated meeting room, and a rooftop terrace—best serves active professionals and small groups who value outdoor leisure, on-site fitness, and casual social space over the indoor-wellness and media-room emphasis of the newer U Condominiums inventory.