Network Lofts — Rental Market Data

Network Lofts has exactly one unit actively listed as of August 31, 2026, asking $3,275 per month with both the average and median rent set at that single figure. The available suite spans 1,300 square feet at an asking rate of $2.52 per square foot, and the entire active inventory consists of a 1-Bedroom + Den layout representing 100 percent of available stock. With only one listing on the market, the building's active inventory leans toward a single executive-sized one-bedroom-plus-den configuration rather than offering a range of entry-level or multi-bedroom options.

The sole active layout at Network Lofts is the 1-Bedroom + Den, accounting for 100 percent of available inventory with a single listing. That unit asks $3,275 per month for 1,300 square feet at $2.52 per square foot, and no other bedroom tiers—studio, one-bedroom, two-bedroom, or three-bedroom—currently have active listings. Renters seeking alternative configurations must look to the broader Etobicoke Centre submarket, where 63 additional listings are available across competing buildings.

Network Lofts carries a single active listing at $3,275 per month, so the minimum entry rent, peak asking rent, and dollar spread all resolve to the same figure with a zero-dollar and zero-percent spread. The entry-level and peak suite are identical: a 1-Bedroom + Den at 1,300 square feet priced at $2.52 per square foot. Because only one unit is on the market, there is no internal price gradient for renters to compare, and the median asking rent of $3,275 per month reflects that single data point.

Network Lofts' active den premium and the associated square-footage delta cannot be quantified from the current data, as the single active listing is already a 1-Bedroom + Den configuration with no comparable one-bedroom-without-den listing to isolate the marginal cost of den space. Parking stall premiums at the building also cannot be reliably isolated; the paired sample is insufficient or contains anomalous outliers, so no verified monthly parking add-on figure can be quoted to renters.

Network Lofts' active asking rate of $2.52 per square foot sits 31 percent below the Etobicoke Centre submarket asking benchmark of $3.65 per square foot, even though the nominal monthly rent of $3,275 exceeds the submarket average asking rent of $2,597. That nominal premium is fully explained by suite size: the active unit's 1,300-square-foot footprint is roughly double the implied submarket average, so renters are paying more in absolute dollars for a proportionally larger space at a lower per-square-foot cost. The building currently holds 1 out of 64 available listings in the Etobicoke Centre submarket, representing approximately 1.6 percent of total active inventory.

Network Lofts' average realized lease rent of $2,450 per month runs $31 above the four-comp benchmark of $2,419, placing the building marginally above the immediate peer average while remaining below the Etobicoke Centre submarket mean of $2,524. Westwood at 8 Fieldway Rd (0.07 km, 4 closed leases) averaged $2,350 per month at $3.56 per square foot across 660 square feet, meaning Network Lofts commands a $100-per-month higher rent than this nearest competitor. Palais at Port Royal Place at 3 Michael Power Pl (0.18 km, 8 closed leases) averaged $2,575 per month at $3.48 per square foot across 764 square feet, so Network Lofts trades at a $125-per-month lower rent than this larger-footprint peer. Vivid at 1 Michael Power Pl (0.19 km, 5 closed leases) averaged $2,410 per month at $3.74 per square foot across 654 square feet, placing Network Lofts $40 higher on nominal rent. Promenade at Port Royal Place at 5 Michael Power Pl (0.2 km, 6 closed leases) averaged $2,342 per month at $3.74 per square foot across 633 square feet, with Network Lofts realizing a $108-per-month higher rent than this oldest comp in the set.

Network Lofts leases at $3.43 per square foot across an average 717-square-foot suite, delivering a lower rate per square foot than all four active competitors while providing more interior space than three of the four. Against Westwood (0.07 km), the subject trades at a $0.13-per-square-foot (3.7%) discount while providing 57 more interior square feet, so the $100 higher nominal rent is entirely a function of the larger footprint rather than a per-foot premium. Versus Palais at Port Royal Place (0.18 km), Network Lofts offers a $0.05-per-square-foot (1.4%) discount but provides 47 fewer interior square feet, and the $125 lower monthly rent reflects both the smaller suite and the slightly lower per-foot rate. Compared with Vivid (0.19 km), the subject trades at a $0.31-per-square-foot (8.3%) discount while delivering 63 more square feet, meaning the $40 higher rent is a pure space differential. Against Promenade at Port Royal Place (0.2 km), Network Lofts carries a $0.31-per-square-foot (8.3%) discount and 84 more square feet, so the $108 higher rent again traces to the expanded interior rather than asset valuation. In every active comparison, the subject's per-square-foot rate is the more competitive figure; the nominal rent variance is a footprint story, not a premium story.

Network Lofts fields a ten-item lifestyle package headlined by a Hot Tub & Jacuzzi and Sauna & Steam Room, a wellness-forward combination that none of its four immediate competitors replicate in full. The Hot Tub & Jacuzzi is the building's signature differentiator: Westwood, Palais at Port Royal Place, Vivid, and Promenade at Port Royal Place each offer an Indoor Pool but no hot tub or jacuzzi, making the subject the only property in this 200-metre radius to provide a dedicated spa-style soaking facility alongside a sauna. The subject also matches Westwood on Rooftop Terrace, BBQ Area, and Garden & Courtyard, and shares the Sauna & Steam Room with Palais and Vivid, but it lacks the Indoor Pools (Palais, Vivid), Dining Rooms & Kitchens (Westwood, Palais, Promenade), Children's Playgrounds and Splash Pads (Vivid, Promenade), and Games & Billiards Rooms (all four comps) that anchor those competitors' family- and social-entertainment positioning. This amenity mix—spa recovery, fitness, rooftop outdoor living, and a private garden—serves wellness-oriented professionals and couples in their late twenties to mid-forties who prioritize post-work recovery, outdoor entertaining, and a quiet residential atmosphere over the indoor-pool-and-playground packages that target families with young children.