Eleven Residences — Rental Market Data

Eleven Residences carries 1 active listing as of August 31, 2026, spanning a price range of $2,700 to $2,700 per month with both average and median asking rents resting at $2,700 per month. The available unit measures 650 square feet with an asking rate of $4.15 per square foot. 1-Bedroom layouts comprise 100% of current inventory, reflecting a total focus on compact entry-level suites rather than multi-bedroom layouts.

1-Bedroom units represent the dominant active layout at Eleven Residences, accounting for 1 active listing and 100% of current market inventory. This singular tier provides an average asking rent of $2,700 per month across an average size of 650 square feet, resulting in an asking rate of $4.15 per square foot. There are zero active units available across any other bedroom configurations.

Eleven Residences exhibits a tight pricing spread from a minimum entry rent of $2,700 per month to a peak asking rent of $2,700 per month, yielding a dollar spread of $0 and a percentage spread of 0%. Median asking rent stands at $2,700 per month. The entry-level and peak suite are identical, consisting of a 650-square-foot 1-Bedroom configuration listed at $4.15 per square foot.

Eleven Residences has unquantified active den data, with active den premium dollars, square footage delta, and marginal square foot costs unavailable for current listings. Active parking stall costs cannot be reliably isolated from current listings due to an insufficient paired sample.

Eleven Residences asks an average rent of $2,700 per month at $4.15 per square foot, sitting below the Downtown Core submarket asking benchmark of $3,471 per month and $4.56 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, with the building's asking rate per square foot sitting 9% below the submarket average while representing a 0.4% share of total submarket inventory.

Eleven Residences achieves an average lease rent of $2,765 per month, trading below the overall competitive set average of $2,900 per month across its local benchmark buildings. Nearby alternatives display varied pricing structures, led by 1001 Bay St at 1001 Bay St, which commands an average lease rent of $3,003 per month at $4.00 per square foot across an average of 805 square feet. Century Plaza at 24 Wellesley St W reports an average lease rent of $2,930 per month at $3.70 per square foot across 804 square feet. Five at 5 St Joseph St averages $2,918 per month at $4.45 per square foot across 662 square feet. Finally, The Polo Club II at 44 St Joseph St records an average lease rent of $2,748 per month at $3.97 per square foot across 709 square feet.

Eleven Residences establishes its value proposition by offering an average leased rate of $3.82 per square foot across a mean suite size of 736 square feet, undercutting several prominent nearby alternatives on a relative space basis. Renters at Eleven Residences trade off the premium pricing found in newer inventory, such as Five at 5 St Joseph St ($4.45 per square foot across 662 square feet), while gaining a more modern build year (2011) and better spatial efficiency than older properties like 1001 Bay St ($4.00 per square foot across 805 square feet) and Century Plaza ($3.70 per square foot across 804 square feet). Compared to The Polo Club II ($3.97 per square foot across 709 square feet), Eleven Residences provides slightly larger floor plans at a more attractive relative price point per square foot.

Eleven Residences delivers a robust lifestyle and amenity package that successfully competes with neighboring properties in the Downtown Core, featuring signature standouts such as a concierge and security service, a fully equipped gym and fitness centre, a hot tub and jacuzzi, a rooftop terrace, and a relaxing garden and courtyard. When compared against nearby competitors, Eleven Residences matches or exceeds standard offerings: Five at 5 St Joseph St features an indoor pool and a pet care room alongside a gym and concierge; Century Plaza includes a rooftop terrace, gym, and sauna; 1001 Bay St incorporates an indoor pool, squash courts, and a basketball court; and The Polo Club II provides an outdoor pool, squash courts, and a gym. This amenity profile makes Eleven Residences well-suited for urban professionals and fitness-conscious renters seeking a balanced mix of wellness facilities and outdoor social spaces without paying top-tier new-construction premiums.