Ventus II at Metrogate — Rental Market Data

Ventus II at Metrogate lists four active units as of August 31, 2026, with asking rents spanning $2,150 to $2,750 per month, an average of $2,438 and a median of $2,425. Suites average 719 square feet at an asking rate of $3.45 per square foot, and the inventory leans toward multi-bedroom executive layouts with two-bedroom-plus-den units comprising half of current availability. The remaining two listings split evenly between a compact one-bedroom and a one-bedroom-plus-den, giving entry-level renters only a single option in each tier.

The dominant active layout at Ventus II at Metrogate is the two-bedroom-plus-den, with two listings representing 50 percent of current inventory at an average asking rent of $2,675 per month on 850 square feet, or $3.15 per square foot. The one-bedroom tier holds a single listing at $2,150 per month for 550 square feet at $3.91 per square foot, while the one-bedroom-plus-den tier also carries one listing at $2,250 per month for 625 square feet at $3.60 per square foot. Each of the two smaller tiers is a single-listing situation, so renters in those categories have no alternative unit to compare.

Ventus II at Metrogate's four active listings span a $600 monthly spread from a $2,150 entry point to a $2,750 peak, a 27.9 percent range. The median asking rent of $2,425 per month sits just below the midpoint of that band. The entry-level one-bedroom at 550 square feet asks $3.91 per square foot, while the peak two-bedroom-plus-den at 850 square feet commands $3.24 per square foot, meaning the larger suite delivers a meaningfully lower per-square-foot cost despite the higher monthly outlay.

At Ventus II at Metrogate, adding a den to a one-bedroom suite carries a $100 per month premium for an additional 75 square feet of space, a marginal cost of $1.33 per square foot. Active parking premiums cannot be reliably isolated from current listings due to insufficient paired data, and historical lease records do not provide a verified parking benchmark either, so renters should confirm stall availability and pricing directly with the leasing office.

Ventus II at Metrogate's active asking rent of $2,438 per month sits $115 below the Scarborough North submarket average of $2,553, yet its $3.45 per square foot rate exceeds the submarket asking benchmark of $3.38 by 2.1 percent. The lower nominal monthly outlay is driven by the building's current inventory averaging 719 square feet versus the submarket's larger suite mix, not by cheaper unit pricing. Ventus II accounts for four of the 75 active listings in the Scarborough North submarket, representing roughly 5.3 percent of total available inventory.

Ventus II at Metrogate averages $2,200 per month in closed lease rent, which is $106 (4.6%) below the four-building comp average of $2,306 and $204 under the Scarborough North submarket leased benchmark of $2,404. Ventus I at Metrogate (151 Village Green Sq) leases at $2,345 per month, $3.26 per square foot, and 720 square feet on average—$145 more than the subject. Selene at Metrogate (225 Village Green Sq) commands $2,386 per month at $3.46 per square foot across 703 square feet, a $186 premium over the subject's realized rate. Avani at Metrogate (255 Village Green Sq) closes at $2,208 per month, $3.87 per square foot, and 598 square feet, essentially matching the subject in absolute rent despite a smaller footprint. Avani 2 at Metrogate (275 Village Green Sq) leases for $2,283 per month at $3.79 per square foot on 623 square feet, $83 above the subject.

Ventus II at Metrogate leases at $3.40 per square foot on an average 650-square-foot suite, positioning it at a $0.06 to $0.47 per-square-foot discount below three of its four nearby competitors while carrying a 4.3% premium over only Ventus I. Against Ventus I at Metrogate (720 sq ft at $3.26/sq ft), the subject provides 70 fewer interior square feet yet trades at a higher per-square-foot rate, meaning tenants gain a slightly more compact layout in exchange for a marginally elevated unit cost. Compared with Selene at Metrogate (703 sq ft at $3.46/sq ft), the subject offers 53 fewer square feet at a $0.06 per-square-foot discount, a modest trade-off favouring the renter on rate. The sharpest value contrast appears with Avani at Metrogate (598 sq ft at $3.87/sq ft) and Avani 2 at Metrogate (623 sq ft at $3.79/sq ft), where the subject delivers 52 and 27 more square feet respectively while charging $0.47 and $0.39 less per square foot—giving tenants meaningfully more interior space at a lower unit cost than either Avani tower.

Ventus II at Metrogate packages a full-service social and entertainment amenity suite—Media & Theatre Room, Meeting Room, Dining Room & Kitchen, Games & Billiards Room, and Rooftop Terrace—that collectively outperforms at least one named competitor on each individual feature. The Media & Theatre Room is absent from Ventus I at Metrogate (151 Village Green Sq), leaving that 2012 building without a dedicated screening space. The Meeting Room is not offered at Selene at Metrogate (225 Village Green Sq), which instead directs business users to its Yoga Studio and Daycare. The Dining Room & Kitchen is missing from Avani 2 at Metrogate (275 Village Green Sq), which substitutes a Garden & Courtyard and Pet Wash Station. While the subject does not include a Pet Wash Station (present at Selene, Avani, and Avani 2) or a Yoga Studio (at Selene and Avani), its combination of a private theatre, full meeting room, and communal dining kitchen creates a social-living package no single competitor replicates in full. This profile best serves young professionals and small families in Scarborough North who prioritize in-building entertainment, casual business use, and shared dining over pet-specific or wellness-focused amenities.