Opus Pantages — Rental Market Data

Opus Pantages lists three active units as of August 31, 2026, with asking rents ranging from $2,995 to $3,000 per month, an average of $2,998 and a median of $3,000. The average suite measures 836 square feet at an asking rate of $3.59 per square foot. Two of the three listings (66.7 percent) are 2-Bedroom + Den configurations, while the remaining unit is a 2-Bedroom, meaning current inventory leans toward multi-bedroom executive layouts rather than compact entry-level suites.

The dominant active layout at Opus Pantages is the 2-Bedroom + Den, with two units representing 66.7 percent of available inventory at an average asking rent of $2,998 per month across 850 square feet and a rate of $3.53 per square foot. The single 2-Bedroom listing accounts for 33.3 percent of active stock, asking $3,000 per month for 809 square feet at $3.71 per square foot. No studio or one-bedroom units are currently on the market.

Opus Pantages shows a remarkably tight active pricing spread of $5, or 0.2 percent, between the minimum entry rent of $2,995 and the peak asking rent of $3,000 per month. The median asking rent sits at $3,000. The entry-level suite is a 2-Bedroom + Den at 850 square feet priced at $3.52 per square foot, while the peak unit is also a 2-Bedroom + Den at 850 square feet asking $3.53 per square foot, confirming that all three active listings occupy nearly identical footprint and price bands.

Opus Pantages does not have a quantified den premium or square-footage delta for its 2-Bedroom + Den configurations, as the active sample is too small to isolate a reliable marginal cost per additional square foot of den space. Parking stall premiums also cannot be reliably isolated from the current data, as the paired sample is insufficient to produce a defensible figure. Renters should request individual parking and den pricing directly from the leasing office.

Opus Pantages asks an average of $2,998 per month at $3.59 per square foot, compared to the Downtown Core submarket asking benchmark of $3,471 per month at $4.56 per square foot. The building's rate per square foot runs 21.3 percent below the submarket asking average, a gap partly explained by its 836-square-foot average suite being 75 square feet larger than the submarket implied average of 761 square feet. Opus Pantages accounts for three out of 224 active listings in the Downtown Core, or roughly 1.3 percent of available submarket inventory.

Opus Pantages' all-time average realized lease rent of $2,881 per month exceeds the four-comp blended benchmark of $2,337 by $544, a gap driven entirely by the subject's larger suite footprints rather than a higher per-square-foot rate. Pantages Tower at 210 Victoria Street (0.02 km, 24 closed leases) averaged $2,676 per month at $3.82 per square foot across 755 square feet, making Opus Pantages $205 higher on a monthly basis. Pantages Hotel Condo Suites at 200 Victoria Street (0.04 km, 4 closed leases) realized $1,938 per month at $4.28 per square foot over 463 square feet, leaving the subject $943 higher monthly. Massey Tower at 197 Yonge Street (0.14 km, 73 closed leases) averaged $2,431 per month at $4.23 per square foot across 584 square feet, a $450 monthly gap in the subject's favour. Two Fifty Two Church at 252 Church Street (0.21 km, 104 closed leases) posted $2,301 per month at $4.60 per square foot over 510 square feet, with Opus Pantages $580 higher on a nominal monthly basis. In every case the subject's higher rent reflects its 796-square-foot average suite, not a rate premium.

Opus Pantages trades at a discount below every active nearby competitor on a per-square-foot basis—$3.76 per square foot against comp rates ranging from $3.82 to $4.60—while delivering 796 square feet of interior space, 218 square feet more than the four-comp average of 578. Against Pantages Tower, the subject offers a $0.06 per square foot (1.6%) discount and 41 more square feet of living area; against Pantages Hotel Condo Suites, the discount widens to $0.52 per square foot (12.1%) with 333 additional square feet. Massey Tower carries a $0.47 per square foot (11.1%) premium over the subject with 212 fewer square feet, and Two Fifty Two Church commands an $0.84 per square foot (18.3%) premium while providing 286 fewer square feet. The consistent pattern is clear: a renter choosing Opus Pantages pays a higher monthly figure but receives materially more interior space at a lower cost per square foot, making the building the value play for tenants who prioritize footprint over per-foot rate.

Opus Pantages offers a ten-feature lifestyle package—including a rooftop terrace, BBQ area, dining room and kitchen, media and theatre room, games and billiards room, business centre, gym, party lounge, meeting room, and concierge security—that positions it as a full-service residential building within an amenity-rich peer set. Where the subject differentiates is in its media and theatre room, games and billiards room, BBQ area, and dedicated dining room and kitchen, none of which appear in Pantages Hotel Condo Suites' four-feature list (gym, business centre, meeting room, spa facilities). Against the newer Massey Tower, Opus Pantages trades its sauna and steam room, yoga and spin studios, rain room, and juice bar for its media theatre, billiards room, and business centre. Two Fifty Two Church's broader 16-feature set—including a golf simulator, dog run, pet wash station, tanning deck, and dedicated fitness studios—outpaces the subject on wellness and pet programming. The building's package best serves cost-conscious professionals and small households who want a social, full-service living environment with communal dining, entertainment, and remote-work facilities without paying the per-square-foot premiums of the 2019- and 2025-built towers nearby.