Westerly I — Rental Market Data

Westerly I features 2 active listings as of August 31, 2026, with an asking price range between $2,200 and $2,300 per month, an average asking rent of $2,250 per month, and a median asking rent of $2,250 per month. Current active inventory averages 550 square feet with an asking rate of $4.09 per square foot. One-bedroom units command 100 percent of the active inventory share, demonstrating that current availability leans entirely toward compact entry-level suites rather than multi-bedroom executive layouts.

The dominant active layout at Westerly I is the 1-Bedroom tier, representing 2 active listings and a 100 percent share of current availability. The 1-Bedroom tier offers an average asking rent of $2,250 per month across an average floor area of 550 square feet, achieving an asking rate of $4.09 per square foot. There are zero active listings available for any other bedroom tier.

Westerly I carries a minimum entry rent of $2,200 per month and a peak asking rent of $2,300 per month, creating a dollar spread of $100 per month and a percentage spread of 4.5 percent. The median asking rent sits at $2,250 per month. The entry-level suite consists of a 1-Bedroom layout spanning 550 square feet at an asking rate of $4.00 per square foot, while the peak suite comprises a 1-Bedroom layout spanning 550 square feet at $4.18 per square foot.

Active den premium data for Westerly I cannot be isolated due to an absence of den listings in the current inventory. Active parking premium data is similarly unavailable, as current parking stalls cannot be reliably isolated due to an insufficient sample. Prospective tenants should consult leasing agents directly regarding current parking availability and associated fees.

Westerly I asks an average of $2,250 per month at $4.09 per square foot, comparing against the Etobicoke Centre submarket asking benchmark of $2,914 per month at $3.79 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing, resulting in an asking rate per square foot that stands 7.9 percent above the submarket asking benchmark while representing 14.3 percent of total submarket active inventory.

Westerly I achieves an average lease rent of $2,378 per month, trading below the overall micro-market comp average of $2,487 per month alongside direct benchmarks like Westerly 2 and Village Gate West. Westerly 2 (60 Central Park Roadway) records an average lease rent of $2,412 per month at $3.80 per square foot across an average of 643 square feet. Village Gate West (5191 Dundas Street W) commands an average lease rent of $2,935 per month at $3.55 per square foot across an average of 826 square feet. ConneXion (34 Fieldway Road) averages $2,650 per month at $3.12 per square foot across 850 square feet, while ConneXion Condos (28 Fieldway Road) records an average lease rent of $1,950 per month at $3.25 per square foot across 600 square feet.

Westerly I establishes its value proposition through an average lease rate of $3.52 per square foot across an average footprint of 679 square feet, balancing modern construction efficiencies against older, larger footprints in the Etobicoke Centre submarket. Renters trade slightly larger, older layouts—such as Village Gate West's 826 square foot floor plans at $3.55 per square foot—for Westerly I's contemporary finishes, lower utility burdens, and modern mechanical systems. Meanwhile, compared to compact mid-tier options like ConneXion Condos at 600 square feet leasing for $3.25 per square foot, Westerly I delivers superior interior proportions and up-to-date lifestyle infrastructure that justify its localized rate per square foot.

Westerly I delivers an extensive lifestyle and amenity profile that compares favorably against surrounding developments in the Etobicoke Centre node. The building features a concierge and security service, a gym and fitness centre, a yoga studio, a party and lounge room, a meeting room, a dining room with a kitchen, a barbecue area, a rooftop terrace, an outdoor children's playground, an indoor kids' play room, a dog run, and a mail and parcel room, matching or exceeding the offerings found in nearby properties. For instance, while Westerly 2 incorporates an EV charging station and a pet wash station, and Village Gate West offers a sauna, steam room, and garden courtyard, Westerly I concentrates its resident experience around high-end social and wellness spaces. This amenity package primarily serves young professionals, couples, and growing families seeking a holistic, master-planned community environment without sacrificing urban convenience.