The Tailor — Rental Market Data

The Tailor features 5 active listings as of August 31, 2026, spanning a price range of $2,650 to $3,400 per month, with an average asking rent of $3,060 per month and a median asking rent of $3,200 per month. Active suites average 784 square feet at an asking rate of $3.93 per square foot. Multi-bedroom configurations dominate current availability, indicating that inventory leans toward larger executive layouts rather than compact entry-level floor plans.

The 2-bedroom layout is the dominant active configuration at The Tailor, accounting for 2 listings and a 40% inventory share. Available 2-bedroom suites average 650 square feet with an average asking rent of $2,675 per month at $4.12 per square foot. The 3-bedroom-plus tier also represents 40% of inventory with 2 listings, averaging 900 square feet at $3,300 per month and $3.67 per square foot. Rounding out the options is a single 2-bedroom plus den listing comprising 20% of the active market, averaging 818 square feet at $3,350 per month and $4.10 per square foot.

The Tailor exhibits a minimum entry rent of $2,650 per month and a peak asking rent of $3,400 per month, creating a dollar spread of $750 per month and a percentage spread of 28.3%. Median asking rent sits at $3,200 per month. The entry-level suite is a 2-bedroom layout spanning 650 square feet priced at $4.08 per square foot, while the peak suite is a 3-bedroom-plus layout measuring 950 square feet listed at $3.58 per square foot.

Active den premiums and square foot deltas at The Tailor cannot be isolated due to single-listing constraints in the den tier. Marginal costs for extra den space remain unquantified. Furthermore, active parking premiums cannot be reliably isolated due to insufficient paired sample data.

Asking rents at The Tailor average $3,060 per month at $3.93 per square foot, comparing to the Etobicoke South submarket average asking rent of $2,689 per month at $3.90 per square foot. The nominal rent variance is driven by the larger average suite size of current listings rather than premium unit pricing. The building's asking rate per square foot tracks 0.8% above the submarket asking benchmark, backed by 5 active listings representing 13.9% of total submarket inventory.

The Tailor achieves an all-time average lease rent of $2,207 per month at $3.60 per square foot, trading below the overall comp average of $2,379 per month across the four surrounding properties. Individual competitor benchmarks within the immediate micro-market include Park Towers at IQ - West Tower (15 Zorra St), which reports an average lease rent of $2,531 per month at $3.88 per square foot across an average of 660 square feet; IQ I (1185 The Queensway), averaging $2,275 per month at $3.89 per square foot across 588 square feet; Park Towers at IQ - East Tower (17 Zorra St), averaging $2,268 per month at $3.95 per square foot across 575 square feet; and Thirty Six Zorra (36 Zorra St), averaging $2,441 per month at $3.85 per square foot across 659 square feet.

The Tailor establishes its value proposition by offering an average leased rate of $3.60 per square foot across an average of 618 square feet, allowing tenants to secure modern 2023 construction at a competitive discount relative to nearby alternatives and the broader submarket benchmark of $3.75 per square foot. Renters evaluating this building versus Park Towers at IQ - West Tower ($3.88 per square foot across 660 square feet), IQ I ($3.89 per square foot across 588 square feet), Park Towers at IQ - East Tower ($3.95 per square foot across 575 square feet), and Thirty Six Zorra ($3.85 per square foot across 659 square feet) benefit from contemporary layout efficiencies, lower utility burdens associated with newer thermal envelopes, and modern interior finishes without paying a premium on a per-square-foot basis.

The Tailor delivers a robust lifestyle and amenity profile that matches the high standards set by established master-planned developments along the Queensway corridor. Signature amenities at the subject property include a dedicated Concierge & Security service, a fully equipped Gym & Fitness Centre, a tranquil Yoga Studio, a functional Business Centre, and an on-site Pet Wash Station. When compared against neighbouring properties, Park Towers at IQ - West Tower features an Indoor Pool, Hot Tub & Jacuzzi, and Sauna & Steam Room; IQ I offers a similar indoor pool and car wash bay; and Thirty Six Zorra introduces unique resident perks such as an outdoor pool, a shuttle service, and outdoor fire pits. This amenity-rich environment best serves working professionals and couples seeking modern building infrastructure and convenient transit access in Etobicoke South.