The Poet — Rental Market Data

The Poet carries three active listings as of August 31, 2026, with asking rents spanning $2,450 to $2,800 per month, an average of $2,600, and a median of $2,550. Average suite size across the active pool is 1,400 square feet at a blended asking rate of $3.10 per square foot. Each of the three available units occupies a distinct layout tier—1-Bedroom, 1-Bedroom + Den, and 2-Bedroom—so the inventory spans compact entry-level footprints up to an expansive two-bedroom rather than clustering in any single bedroom count.

No single layout dominates The Poet's active inventory; all three tiers hold exactly one listing each at 33.3 percent share. The 1-Bedroom asks $2,450 per month for 550 square feet at $4.45 per square foot, the 1-Bedroom + Den lists at $2,550 for 650 square feet at $3.92 per square foot, and the 2-Bedroom commands $2,800 for 3,000 square feet at $0.93 per square foot. Because every tier is a single listing, renters cannot compare multiple options within the same bedroom category at this building.

The Poet's active asking rents range from a $2,450 entry point to a $2,800 peak, producing a $350 spread or 14.3 percent across the three available units. The median asking rent sits at $2,550 per month. The entry-level suite is a 1-Bedroom of 550 square feet priced at $4.45 per square foot, while the peak listing is a 2-Bedroom of 3,000 square feet at $0.93 per square foot, illustrating how the wide footprint differential drives the dollar spread more than a true rate premium.

The Poet's active den premium is quantified at $100 per month for an additional 100 square feet of den space, equating to a marginal cost of $1.00 per square foot for the extra room. Active parking premiums cannot be reliably isolated from the current dataset due to insufficient paired samples, so no specific monthly parking figure can be quoted for available units.

The Poet's average active asking rent of $2,600 per month lands within 0.4 percent of the Toronto East submarket asking benchmark of $2,611, yet its $3.10 per square foot rate runs 22.1 percent below the submarket's $3.98 per square foot asking average. That divergence is resolved by suite size: The Poet's active units average 1,400 square feet versus the submarket implied average of 656 square feet, so the larger footprints dilute the per-square-foot rate even as nominal monthly rents align closely. The building currently holds 3 out of 74 available listings in the Toronto East submarket, a 4.1 percent share of total active inventory.

The Poet's average realized lease rent of $2,750 per month exceeds the overall comp benchmark of $2,400 per month by $350, with both active nearby competitors showing lower realized rents. George Condos + Towns at 1331 Queen St E (0.14 km, one closed lease) averaged $2,300 per month at $4.18 per square foot across 550 square feet, meaning The Poet commands a $450-per-month higher rent than this peer. St. Leslieville Church Lofts at 175 Jones Ave (0.65 km, one closed lease) averaged $2,500 per month at $2.93 per square foot across 854 square feet, placing The Poet $250 above that benchmark. King's Landing at 101 Leslie Street (0.17 km) and Connaught 45 at 45 Connaught Ave (0.54 km) each recorded zero closed leases over the trailing 180 days, so no realized rent benchmark exists for either building.

The Poet leases at $3.47 per square foot across an average 806-square-foot suite, trading at a discount below George Condos + Towns ($4.18 per square foot) while commanding a premium over St. Leslieville Church Lofts ($2.93 per square foot), and the submarket leased benchmark of $4.06 per square foot sits well above both. Against George Condos + Towns, The Poet offers 256 more interior square feet, so the $450-per-month higher nominal rent is driven by the larger footprint rather than a rate premium; per square foot, the subject actually trades at a $0.71-per-square-foot (17.0%) discount below that competitor. Against St. Leslieville Church Lofts, The Poet provides 48 fewer interior square feet yet still commands a $0.54-per-square-foot (18.4%) premium, reflecting a genuine rate advantage on a slightly smaller suite. The net effect is that The Poet's higher monthly rent versus both active peers is predominantly a function of its expansive 806-square-foot layout, not an inflated per-square-foot valuation.

The Poet fields an eight-item amenity suite including a Yoga Studio, Media & Theatre Room, Gym & Fitness Centre, Concierge & Security, Party & Lounge Room, Pet Wash Station, BBQ Area, and Rooftop Terrace, giving it a wellness-and-entertainment tilt that distinguishes it from both active competitors. George Condos + Towns offers a Children's Playground, Garden & Courtyard, and Meeting Room that The Poet lacks, while The Poet's Yoga Studio and Media & Theatre Room have no direct counterpart in that building's package. St. Leslieville Church Lofts provides a Games & Billiards Room and Meeting Room absent from The Poet, though it carries no dedicated fitness or wellness facilities. The Poet's lifestyle package—centred on active wellness (yoga, gym), social entertainment (theatre room, party lounge), and pet care—best serves young professionals and small households in their late twenties to mid-thirties who prioritise on-site fitness and social programming over family-oriented outdoor play spaces.