Market Data as of August 31, 2026
Selene at Metrogate — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Selene at Metrogate at 225 Village Green Square in Scarborough North is a 296-suite residential tower completed in 2021 by Tridel, currently showing three active listings against a one percent availability rate. The building closed five leases in the trailing 30 days at an average of $2,469 per month with a 22-day average time on market, and nineteen leases over the past 90 days averaging $2,412 per month with a 30-day DOM.
Active asking rents average $2,525 per month at $3.67 per square foot across 740 square feet of average suite size, compared to realized 90-day lease averages of $2,412 per month at $3.41 per square foot. Current listings skew toward compact one-bedroom-plus-den layouts at 560 square feet on average, whereas historical leases averaged 708 square feet, meaning the lower nominal asking rent relative to the submarket benchmark of $2,553 is driven by smaller suite footprints rather than cheaper unit pricing. On a per-square-foot basis, Selene at Metrogate asks 8.6 percent above the Scarborough North submarket asking rate of $3.38 per square foot.
Marketing friction at this building is modest: closed leases averaged 22 days on market in the last 30 days, while the two delisted units sat for an average of 78 days, a 56-day excess that signals stale inventory rather than pricing power. Fifty-two percent of recent leases closed at or below asking rent, with tenants negotiating an average $54 per month discount. Active inventory depth is thin: the one-bedroom-plus-den tier offers two units for renters to compare, while the two-bedroom-plus-den tier carries a single listing, creating limited choice at the upper end of the building's current availability.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Selene at Metrogate as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Selene at Metrogate recently?
Selene at Metrogate holds three active listings as of August 31, 2026, with asking rents ranging from $2,175 to $2,900 per month, an average of $2,525 and a median of $2,500. Average suite size across active inventory is 740 square feet at an asking rate of $3.67 per square foot. The dominant layout is the one-bedroom-plus-den at 66.7 percent of active inventory, indicating that current availability leans toward compact entry-level suites rather than multi-bedroom executive layouts.
What floor plans and unit layouts are currently available at Selene at Metrogate?
The one-bedroom-plus-den is the dominant active layout at Selene at Metrogate, accounting for two of three listings and 66.7 percent of available inventory. That tier averages $2,338 per month across 560 square feet, equating to $4.18 per square foot. The two-bedroom-plus-den represents the remaining 33.3 percent as a single listing at $2,900 per month for 1,100 square feet, or $2.64 per square foot.
What is the average asking rent and $/SF by suite size at Selene at Metrogate?
Selene at Metrogate's three active listings span a $725 spread from a minimum entry rent of $2,175 to a peak asking rent of $2,900 per month, a 33.3 percent range. The median asking rent sits at $2,500 per month. The entry-level suite is a one-bedroom-plus-den at 570 square feet priced at $3.82 per square foot, while the peak suite is a two-bedroom-plus-den at 1,100 square feet priced at $2.64 per square foot, reflecting the inverse relationship between suite size and unit rate within this building.
How much extra do parking spaces and dens cost at Selene at Metrogate?
Selene at Metrogate does not currently have a quantified den premium or square-footage delta isolable from active listings, as the available sample does not support a reliable marginal-cost calculation for den space. Parking stall premiums likewise cannot be reliably isolated from current active listings due to an insufficient paired sample, and no verified historical parking benchmark exists in the lease data to anchor a reference figure.
How do asking rents at Selene at Metrogate compare to local and municipal benchmarks?
Selene at Metrogate asks an average of $2,525 per month at $3.67 per square foot, compared to the Scarborough North submarket asking benchmark of $2,553 per month at $3.38 per square foot. The building's nominal asking rent is slightly below the submarket average, but this is driven by more compact suite sizing at 740 square feet rather than a cheaper per-unit rate; on a per-square-foot basis, the building commands an 8.6 percent premium over the submarket asking rate. Selene at Metrogate represents three of the 75 active listings in the Scarborough North submarket, a 4 percent share of total available inventory.
Recent Leased Transactions & Contract Prices
Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Selene at Metrogate (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Selene at Metrogate last month, and how fast did they rent?
Selene at Metrogate closed leases in an average of 22 days over the past 30 days and 30 days over the trailing 90 days, both at or below the Scarborough North submarket benchmark of 28 days. The building recorded 5 closed leases in the last 30 days, 19 in the last 90 days, and 25 over the full trailing year. Leasing turnover accelerated through summer: deal volume climbed from 1 in April to a peak of 8 in July before settling at 5 in August, while average DOM compressed from 42 days in April to 22 days by August.
What is the negotiation spread between asking rents and closed lease prices at Selene at Metrogate?
Selene at Metrogate tenants negotiated an average discount of $54 per month (2.22% below asking), saving approximately $648 per year in annualized rent. 52.0% of all closed leases settled under the listed asking price, confirming consistent tenant leverage across the portfolio. This pattern reflects landlord concessions rather than any premium pricing dynamic, with the net negotiation spread landing at -$54 per month across the 25 tracked transactions.
What are typical executed lease prices across different layouts at Selene at Metrogate?
The two highest-volume anchor layouts at Selene at Metrogate are the 1-Bedroom + Den (14 leases, $2,205/month average, 30-day DOM) and the 2-Bedroom (5 leases, $2,640/month average, 30-day DOM). The 1-Bedroom + Den tier is a statistically robust benchmark: 14 closed leases averaging $2,205 per month, median $2,200, P25–P75 range of $2,112 to $2,281, average size 614 sq ft at $3.64 per square foot, and 30-day DOM. The 2-Bedroom tier is a moderate sample of 5 leases averaging $2,640 per month, median $2,650, P25–P75 range of $2,600 to $2,700, average size 860 sq ft at $3.08 per square foot, and 30-day DOM. The 2-Bedroom + Den tier is also a moderate sample of 5 leases averaging $2,800 per month, median $2,800, P25–P75 range of $2,750 to $2,800, average size 850 sq ft at $3.29 per square foot, and 22-day DOM. The 1-Bedroom tier represents an individual single transaction (1 closed lease) at $1,900 per month, 550 sq ft, $3.45 per square foot, and 53-day DOM; this is not a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Selene at Metrogate?
Selene at Metrogate does not have a reliably isolable leased parking premium; paired data is insufficient to calculate a defensible per-month parking value. Active listing parking data is similarly inconclusive due to anomalous outliers in the sample, so no parking fee figure can be quoted with confidence. Tenants should confirm whether parking is bundled into the suite rent or billed separately at signing, as the platform cannot verify a consistent premium across closed transactions.
How does the lease-to-listing ratio at Selene at Metrogate reflect current tenant demand?
Selene at Metrogate rents trended upward from spring through late summer 2026, rising from $2,300 in April to a July peak of $2,481 before holding at $2,469 in August. April: 1 closed deal, $2,300 average rent, $4.18 per square foot, 42-day DOM. May: 4 closed deals, $2,288 average rent, $3.52 per square foot, 26-day DOM. June: 7 closed deals, $2,332 average rent, $3.38 per square foot, 30-day DOM. July: 8 closed deals, $2,481 average rent, $3.53 per square foot, 34-day DOM. August: 5 closed deals, $2,469 average rent, $3.21 per square foot, 22-day DOM.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Selene at Metrogate (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Selene at Metrogate, and what was their re-listing price compared to previous asking?
Selene at Metrogate saw 2 units delisted in the tracking window, representing a 40% delisted-to-leased ratio against 5 recent leases in the trailing 30 days. Both delisted listings were terminated; zero expired and zero were suspended. At 2 unrented listings pulled relative to 5 recent leases, this is a modest friction signal rather than a systemic pricing problem, though the ratio warrants monitoring if volume stays flat into fall.
How do asking prices on de-listed suites compare to executed leases and active listings at Selene at Metrogate?
Selene at Metrogate unrented units asked an average of $2,450 per month, which is $19 per month below realized lease averages nominally, typically driven by smaller suite footprints. Despite the lower nominal asking, delisted units carried a rate of $3.51 per square foot versus the $3.21–$3.45 per square foot realized in closed leases, indicating prospective tenants pushed back on high-density per-square-foot pricing rather than the absolute dollar figure. The 0.8% nominal spread is within normal variance and does not signal overpricing.
What market friction causes rental listings to stall or de-list at Selene at Metrogate?
Selene at Metrogate delisted units sat on market for an average of 78 days, compared to a 22-day realized lease DOM over the same 30-day window. That 56-day excess in marketing time translates to roughly 1.9 months of lost rent at the $2,450 asking rate—approximately $4,655 in vacancy carry—plus ongoing condo maintenance fees for the duration. Even against the lifetime average DOM of 30 days, the 48-day excess still represents about $3,920 in foregone rent per delisted unit before accounting for management and utility costs.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 8 | 2422 | 724 | 3.47 | 13 |
| 2026-04-28 | 9 | 2386 | 705 | 3.51 | 12 |
| 2026-04-29 | 9 | 2386 | 705 | 3.51 | 13 |
| 2026-04-30 | 9 | 2386 | 705 | 3.51 | 14 |
| 2026-05-01 | 9 | 2386 | 705 | 3.51 | 15 |
| 2026-05-02 | 9 | 2386 | 705 | 3.51 | 16 |
| 2026-05-03 | 9 | 2386 | 705 | 3.51 | 17 |
| 2026-05-04 | 9 | 2425 | 717 | 3.51 | 16 |
| 2026-05-05 | 9 | 2425 | 717 | 3.51 | 17 |
| 2026-05-06 | 9 | 2425 | 717 | 3.51 | 18 |
| 2026-05-07 | 9 | 2425 | 717 | 3.51 | 19 |
| 2026-05-08 | 9 | 2425 | 717 | 3.51 | 20 |
| 2026-05-09 | 9 | 2425 | 717 | 3.51 | 21 |
| 2026-05-10 | 8 | 2406 | 706 | 3.54 | 22 |
| 2026-05-11 | 8 | 2406 | 706 | 3.54 | 23 |
| 2026-05-12 | 8 | 2406 | 706 | 3.54 | 24 |
| 2026-05-13 | 8 | 2406 | 706 | 3.54 | 25 |
| 2026-05-14 | 8 | 2406 | 706 | 3.54 | 26 |
| 2026-05-15 | 8 | 2406 | 706 | 3.54 | 27 |
| 2026-05-16 | 9 | 2381 | 689 | 3.59 | 25 |
| 2026-05-17 | 9 | 2381 | 689 | 3.59 | 26 |
| 2026-05-18 | 8 | 2416 | 706 | 3.56 | 28 |
| 2026-05-19 | 7 | 2375 | 650 | 3.72 | 27 |
| 2026-05-20 | 7 | 2375 | 650 | 3.72 | 28 |
| 2026-05-21 | 6 | 2304 | 617 | 3.79 | 29 |
| 2026-05-22 | 6 | 2304 | 617 | 3.79 | 30 |
| 2026-05-23 | 7 | 2346 | 664 | 3.64 | 27 |
| 2026-05-24 | 7 | 2346 | 664 | 3.64 | 28 |
| 2026-05-25 | 7 | 2346 | 664 | 3.64 | 29 |
| 2026-05-26 | 7 | 2346 | 664 | 3.64 | 30 |
| 2026-05-27 | 8 | 2347 | 663 | 3.64 | 27 |
| 2026-05-28 | 8 | 2347 | 663 | 3.64 | 28 |
| 2026-05-29 | 8 | 2347 | 663 | 3.64 | 29 |
| 2026-05-30 | 8 | 2347 | 663 | 3.64 | 30 |
| 2026-05-31 | 8 | 2459 | 700 | 3.59 | 25 |
| 2026-06-01 | 7 | 2425 | 679 | 3.65 | 26 |
| 2026-06-02 | 7 | 2425 | 679 | 3.65 | 27 |
| 2026-06-03 | 7 | 2425 | 679 | 3.65 | 28 |
| 2026-06-04 | 9 | 2480 | 706 | 3.58 | 23 |
| 2026-06-05 | 8 | 2519 | 725 | 3.54 | 24 |
| 2026-06-06 | 8 | 2519 | 725 | 3.54 | 25 |
| 2026-06-07 | 8 | 2519 | 725 | 3.54 | 26 |
| 2026-06-08 | 9 | 2555 | 739 | 3.52 | 24 |
| 2026-06-09 | 10 | 2535 | 730 | 3.53 | 23 |
| 2026-06-10 | 10 | 2595 | 760 | 3.46 | 18 |
| 2026-06-11 | 11 | 2564 | 741 | 3.52 | 18 |
| 2026-06-12 | 11 | 2564 | 741 | 3.52 | 19 |
| 2026-06-13 | 11 | 2564 | 741 | 3.52 | 20 |
| 2026-06-14 | 9 | 2583 | 728 | 3.60 | 15 |
| 2026-06-15 | 9 | 2583 | 728 | 3.60 | 16 |
| 2026-06-16 | 10 | 2535 | 710 | 3.62 | 16 |
| 2026-06-17 | 11 | 2495 | 695 | 3.64 | 15 |
| 2026-06-18 | 11 | 2495 | 695 | 3.64 | 16 |
| 2026-06-19 | 11 | 2495 | 695 | 3.64 | 17 |
| 2026-06-20 | 11 | 2495 | 695 | 3.64 | 18 |
| 2026-06-21 | 11 | 2495 | 695 | 3.64 | 19 |
| 2026-06-22 | 11 | 2495 | 695 | 3.64 | 20 |
| 2026-06-23 | 10 | 2535 | 710 | 3.62 | 23 |
| 2026-06-24 | 10 | 2535 | 710 | 3.62 | 24 |
| 2026-06-25 | 10 | 2535 | 710 | 3.62 | 25 |
| 2026-06-26 | 9 | 2517 | 694 | 3.67 | 27 |
| 2026-06-27 | 9 | 2517 | 694 | 3.67 | 28 |
| 2026-06-28 | 9 | 2517 | 694 | 3.67 | 29 |
| 2026-06-29 | 9 | 2517 | 694 | 3.67 | 30 |
| 2026-06-30 | 9 | 2517 | 694 | 3.67 | 31 |
| 2026-07-01 | 10 | 2545 | 710 | 3.63 | 28 |
| 2026-07-02 | 9 | 2572 | 728 | 3.57 | 23 |
| 2026-07-03 | 9 | 2572 | 728 | 3.57 | 24 |
| 2026-07-04 | 9 | 2572 | 728 | 3.57 | 25 |
| 2026-07-05 | 9 | 2572 | 728 | 3.57 | 26 |
| 2026-07-06 | 8 | 2544 | 713 | 3.60 | 30 |
| 2026-07-07 | 9 | 2572 | 728 | 3.57 | 28 |
| 2026-07-08 | 9 | 2572 | 728 | 3.57 | 29 |
| 2026-07-09 | 9 | 2572 | 728 | 3.57 | 30 |
| 2026-07-10 | 10 | 2545 | 720 | 3.57 | 28 |
| 2026-07-11 | 9 | 2483 | 706 | 3.56 | 27 |
| 2026-07-12 | 8 | 2444 | 688 | 3.59 | 31 |
| 2026-07-13 | 7 | 2457 | 693 | 3.59 | 32 |
| 2026-07-14 | 7 | 2457 | 693 | 3.59 | 33 |
| 2026-07-15 | 7 | 2457 | 693 | 3.59 | 34 |
| 2026-07-16 | 6 | 2517 | 717 | 3.55 | 36 |
| 2026-07-17 | 6 | 2517 | 717 | 3.55 | 37 |
| 2026-07-18 | 7 | 2514 | 721 | 3.52 | 32 |
| 2026-07-19 | 7 | 2514 | 721 | 3.52 | 33 |
| 2026-07-20 | 7 | 2514 | 721 | 3.52 | 34 |
| 2026-07-21 | 6 | 2550 | 733 | 3.51 | 39 |
| 2026-07-22 | 6 | 2550 | 733 | 3.51 | 40 |
| 2026-07-23 | 7 | 2571 | 750 | 3.47 | 35 |
| 2026-07-24 | 6 | 2525 | 733 | 3.48 | 35 |
| 2026-07-25 | 6 | 2525 | 733 | 3.48 | 36 |
| 2026-07-26 | 5 | 2580 | 770 | 3.36 | 35 |
| 2026-07-27 | 5 | 2580 | 770 | 3.36 | 36 |
| 2026-07-28 | 5 | 2580 | 770 | 3.36 | 37 |
| 2026-07-29 | 5 | 2580 | 770 | 3.36 | 38 |
| 2026-07-30 | 5 | 2580 | 770 | 3.36 | 39 |
| 2026-07-31 | 5 | 2580 | 770 | 3.36 | 40 |
| 2026-08-01 | 5 | 2580 | 770 | 3.36 | 41 |
| 2026-08-02 | 5 | 2580 | 770 | 3.36 | 42 |
| 2026-08-03 | 4 | 2525 | 750 | 3.38 | 39 |
| 2026-08-04 | 4 | 2525 | 750 | 3.38 | 40 |
| 2026-08-05 | 3 | 2466 | 717 | 3.45 | 50 |
| 2026-08-06 | 4 | 2394 | 680 | 3.54 | 38 |
| 2026-08-07 | 4 | 2394 | 680 | 3.54 | 39 |
| 2026-08-08 | 4 | 2394 | 680 | 3.54 | 40 |
| 2026-08-09 | 4 | 2394 | 680 | 3.54 | 41 |
| 2026-08-10 | 3 | 2358 | 657 | 3.61 | 49 |
| 2026-08-11 | 3 | 2358 | 657 | 3.61 | 50 |
| 2026-08-12 | 3 | 2358 | 657 | 3.61 | 51 |
| 2026-08-13 | 3 | 2317 | 657 | 3.55 | 26 |
| 2026-08-14 | 3 | 2317 | 657 | 3.55 | 27 |
| 2026-08-15 | 3 | 2317 | 657 | 3.55 | 28 |
| 2026-08-16 | 3 | 2317 | 657 | 3.55 | 29 |
| 2026-08-17 | 3 | 2317 | 657 | 3.55 | 30 |
| 2026-08-18 | 3 | 2317 | 657 | 3.55 | 31 |
| 2026-08-19 | 3 | 2317 | 657 | 3.55 | 32 |
| 2026-08-20 | 3 | 2317 | 657 | 3.55 | 33 |
| 2026-08-21 | 3 | 2433 | 773 | 3.29 | 8 |
| 2026-08-22 | 5 | 2420 | 724 | 3.50 | 5 |
| 2026-08-23 | 5 | 2420 | 724 | 3.50 | 6 |
| 2026-08-24 | 5 | 2420 | 724 | 3.50 | 7 |
| 2026-08-25 | 3 | 2525 | 740 | 3.67 | 9 |
| 2026-08-26 | 3 | 2525 | 740 | 3.67 | 10 |
| 2026-08-27 | 3 | 2525 | 740 | 3.67 | 11 |
| 2026-08-28 | 3 | 2525 | 740 | 3.67 | 12 |
| 2026-08-29 | 3 | 2525 | 740 | 3.67 | 13 |
| 2026-08-30 | 3 | 2525 | 740 | 3.67 | 14 |
| 2026-08-31 | 3 | 2525 | 740 | 3.67 | 15 |
12-Month Market Dynamics & Trend Trajectory
Selene at Metrogate has closed 25 leases since its 2021 registration, averaging $2,399 per month at $3.45 per square foot across an average suite size of 708 sq ft. The lifetime average DOM stands at 30 days, and the building has maintained a steady cadence of roughly 2–3 transactions per month through the summer, with no significant vacancy carry or prolonged unrented periods. Pricing discipline at Selene at Metrogate favours tenants: 52.0% of all closed leases settled below the listed asking price, producing a net negotiation spread of -$54 per month (2.22% discount). This consistent landlord concession pattern suggests that asking prices at this building are set slightly above market-clearing levels, giving prospective tenants reliable room to negotiate at signing.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 2350 | 745 | 3.15 | 19 |
| 2026-05-10 | 1 | 2500 | 800 | 3.13 | 23 |
| 2026-05-17 | 1 | 2100 | 550 | 3.82 | 20 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 3 | 2358 | 650 | 3.71 | 30 |
| 2026-06-07 | 1 | 1900 | 550 | 3.45 | 53 |
| 2026-06-14 | 2 | 2400 | 800 | 3.06 | 45 |
| 2026-06-21 | 2 | 2375 | 700 | 3.47 | 11 |
| 2026-06-28 | 1 | 2100 | 550 | 3.82 | 85 |
| 2026-07-05 | 2 | 2850 | 850 | 3.35 | 23 |
| 2026-07-12 | 2 | 2450 | 700 | 3.56 | 18 |
| 2026-07-19 | 2 | 2500 | 750 | 3.34 | 29 |
| 2026-07-26 | 1 | 2150 | 550 | 3.91 | 45 |
| 2026-08-02 | 2 | 2725 | 850 | 3.21 | 37 |
| 2026-08-09 | 1 | 2370 | 750 | 3.16 | 23 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 2 | 2263 | 700 | 3.24 | 8 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Selene at Metrogate at 225 Village Green Sq sits in a tightly clustered competitive pocket on Village Green Square, with four direct competitors within 130 metres. The nearest is Avani at Metrogate (255 Village Green Sq, 0.06 km, completed 2017), which recorded 25 closed leases over the trailing 180 days, followed by Avani 2 at Metrogate (275 Village Green Sq, 0.11 km, completed 2020) with 29 closed leases. The two Ventus towers — Ventus II at Metrogate (181 Village Green Sq, 0.08 km, completed 2013, 10 closed leases) and Ventus I at Metrogate (151 Village Green Sq, 0.13 km, completed 2012, 11 closed leases) — represent the older generation of the cluster. Selene, built in 2021 by Tridel with 296 suites, is the newest and largest building in this immediate group, giving it a structural and finish-level edge over the 2012–2017 cohort. Across the four comparables, the micro-market averages $2,282 in closed-lease rent, $3.57 per square foot, and 658 square feet of suite space. Selene's all-time leased average of $2,399 per month and 708 square feet places it modestly above the comp set on both headline rent and interior area. On a per-square-foot basis, however, the subject trades at $3.45, which is below the comp average of $3.57 and roughly in line with the Scarborough North submarket leased benchmark of $3.35 per square foot. The net effect is a value proposition anchored in newer construction, larger suites, and a competitive rate per square foot that undercuts the two Avani towers while carrying a slight premium over the older Ventus buildings.
Comparable Analysis & Questions
How do rental rates at Selene at Metrogate compare to neighbouring buildings within Scarborough North?
Selene at Metrogate's all-time average closed-lease rent of $2,399 per month sits $117 above the four-comp average of $2,282, positioning it at the upper end of this immediate cluster. Avani at Metrogate (255 Village Green Sq) closed leases averaging $2,208 per month at $3.87 per square foot across 598-square-foot suites; Avani 2 at Metrogate (275 Village Green Sq) recorded $2,283 per month at $3.79 per square foot over 623 square feet. Ventus II at Metrogate (181 Village Green Sq) leased at $2,290 per month, $3.34 per square foot, and 690 square feet, while Ventus I at Metrogate (151 Village Green Sq) posted the highest headline rent in the set at $2,345 per month but at just $3.26 per square foot across 720-square-foot units.
Does Selene at Metrogate offer a competitive price-per-square-foot ($/SF) against local comparables?
At $3.45 per square foot and 708 average square feet, Selene at Metrogate delivers more interior space than three of its four comparables while trading at a lower rate per square foot than both Avani towers. Against Avani at Metrogate, the subject provides 110 additional square feet yet costs $0.42 per square foot less; against Avani 2 at Metrogate, tenants gain 85 extra square feet at a $0.34 per square foot discount. The trade-off reverses with the Ventus pair: Selene commands a $0.11 per square foot premium over Ventus II (with 18 more square feet) and a $0.19 per square foot premium over Ventus I, where the subject actually offers 12 fewer square feet than the comp's 720-square-foot average. For renters prioritizing space efficiency in a newer building, the subject's per-square-foot pricing against the Avani cohort is the strongest value signal in this micro-market.
How do building age, amenities, and developer reputation impact rent spreads?
Selene at Metrogate distinguishes itself in this cluster through a lifestyle package that blends on-site childcare, dedicated wellness programming, and pet-friendly infrastructure in ways most nearby competitors do not match. The building's Daycare facility is unique across all four comparables — no other property on Village Green Square offers on-site child care. Its Yoga Studio is absent at Ventus I, Ventus II, and Avani 2, leaving only Avani at Metrogate with a comparable offering. The Pet Wash Station, while shared with the two Avani towers, is entirely missing from both Ventus buildings. A full Dining Room & Kitchen differentiates Selene from Avani 2 at Metrogate, which lacks a dedicated communal dining space. Together, these features — on-site daycare, a dedicated yoga studio, pet wash, and a full communal kitchen — make Selene at Metrogate the strongest fit for young families and dual-income professionals who want childcare, wellness, and pet care integrated into a single rental address.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Selene at Metrogate.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Sauna & Steam Room
- Party & Lounge Room
- Media & Theatre Room
- Games & Billiards Room
- Rooftop Terrace
- BBQ Area
- Dining Room & Kitchen
- Pet Wash Station
- Daycare
Residential Buildings in the Vicinity
- Avani at Metrogate62 m
- Ventus II at Metrogate84 m
- Avani 2 at Metrogate107 m
- Ventus I at Metrogate131 m
- Solaris I at Metrogate261 m
- Solaris II at Metrogate275 m
- 4091-4101 Sheppard East Condos411 m
- 4091-4101 Sheppard Avenue East Condos468 m
- Camargue800 m
- Legends at Tam O'Shanter951 m
- 3765 Sheppard Townhouses1.0 km
- Joy Condos1.0 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Selene at Metrogate.
Snapshot Dates & Benchmark Cadence
- Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
- Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
- Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.
Public Data Aggregation & Thresholds
- Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
- Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.
Calculation Formulations
- Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
- Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
- Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
- Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.
Data Limitations & Scope
- Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
- Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.
Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.