The Star of Downtown — Rental Market Data

The Star of Downtown features 1 active listing as of August 31, 2026, with an asking price range, average rent, and median rent all fixed at $3,000 per month. The active suite spans an average of 850 square feet with an asking rate of $3.53 per square foot. The 2-bedroom layout commands a 100 percent share of active inventory, showing that current listings lean entirely toward multi-bedroom executive layouts rather than compact entry-level footprints.

The 2-bedroom layout dominates current inventory at The Star of Downtown, representing 1 listing and a 100 percent share of active availability. This single available 2-bedroom tier averages $3,000 per month across 850 square feet at an asking rate of $3.53 per square foot. There are zero active listings for 1-bedroom or studio suites currently on the market.

The Star of Downtown displays a flat pricing structure with a minimum entry rent of $3,000 per month and a peak asking rent of $3,000 per month, yielding a dollar spread of $0 and an asking spread of 0 percent. The median asking rent sits at $3,000 per month. The entry-level suite is a 2-bedroom unit offering 850 square feet at $3.53 per square foot using min_asking fields, while the peak suite matches those exact metrics as a 2-bedroom unit of 850 square feet at $3.53 per square foot using max_asking fields.

Active den premium data for The Star of Downtown cannot be reliably isolated due to an insufficient sample size, leaving the den premium dollar amount and square footage delta unquantified. Marginal costs per square foot for extra den space are unavailable because current listings lack paired den variations. Furthermore, active parking stall costs cannot be reliably isolated from current listings due to an anomalous outlier or insufficient sample.

Asking rents at The Star of Downtown average $3,000 per month at $3.53 per square foot, comparing against broader Cabbagetown submarket asking benchmarks of $3,178 per month at $4.33 per square foot. The lower nominal monthly outlay is driven by specific suite availability rather than cheaper unit pricing, as the building's active asking rate per square foot sits 18.5 percent below the submarket asking benchmark while capturing 0.9 percent of submarket inventory.

The Star of Downtown achieves average lease rates that compare favorably against the overall competitive average of $2,811 per month, anchored by benchmarks like 159SW and The 500. Individual competitor metrics show varying lease economics across the micro-market: The Star Of Downtown The Townsuites (163 Bleecker Street) recorded an average lease rent of $3,200 per month at $3.37 per square foot across 950 square feet; 159SW (159 Wellesley St E) reported an average lease rent of $2,494 per month at $4.09 per square foot across 624 square feet; The 500 (500 Sherbourne St) posted an average lease rent of $2,740 per month at $3.62 per square foot across 765 square feet; and Verve (120 Homewood Ave) achieved an average lease rent of $2,811 per month at $3.67 per square foot across 768 square feet.

The Star of Downtown defines its value proposition by offering a lower or more competitive rate per square foot and more accessible entry pricing compared to several immediate alternatives, while balancing its mid-market footprint. Renters weighing options in this submarket navigate clear functional trade-offs: newer high-density builds like 159SW command a higher rate of $4.09 per square foot for more compact 624-square-foot layouts, whereas established properties like The Star Of Downtown The Townsuites provide larger 950-square-foot footprints at a lower rate of $3.37 per square foot. The subject building bridges these choices, delivering balanced spatial dimensions and moderate efficiency without the premium pricing attached to newer construction phases.

The Star of Downtown delivers an extensive lifestyle and amenity package that matches or exceeds the offerings found across the surrounding Cabbagetown competitor set. Residents enjoy signature amenities including a 24-hour Concierge & Security service, a fully equipped Gym & Fitness Centre, a relaxing Sauna & Steam Room, a spacious Rooftop Terrace, and a unique Private Karaoke dinner theatre. When contrasted with nearby peers, the building surpasses older peers like Verve (which features an outdoor pool and hot tub but lacks private entertainment spaces) and competes directly with the robust social spaces found at 159SW, which adds a pet wash station and yoga studio. This amenity lineup particularly serves professionals and couples seeking comprehensive on-site wellness and entertainment options without leaving the property.