Avani at Metrogate — Rental Market Data

Avani at Metrogate has four active listings as of August 31, 2026, with asking rents ranging from $1,950 to $2,250 per month, an average of $2,075, and a median of $2,050. The average suite measures 525 square feet at an asking rate of $4.02 per square foot. Inventory is dominated by one-bedroom layouts at 75 percent of active availability, with the remaining 25 percent represented by a single one-bedroom-plus-den unit, placing the current mix firmly in the compact entry-level to mid-tier range rather than multi-bedroom executive territory.

The dominant active layout at Avani at Metrogate is the one-bedroom, accounting for three of four listings and 75 percent of available inventory. One-bedroom units average $2,017 per month across 500 square feet at $4.11 per square foot, while the single one-bedroom-plus-den listing asks $2,250 per month for 600 square feet at $3.75 per square foot. The den configuration offers an additional 100 square feet of living space at a $233 monthly premium over the standard one-bedroom average.

Avani at Metrogate's active asking rents span from $1,950 to $2,250 per month, a dollar spread of $300 and a percentage spread of 15.4 percent. The median asking rent sits at $2,050 per month. The entry-level suite is a 400-square-foot one-bedroom at $4.88 per square foot, while the peak listing is a 600-square-foot one-bedroom-plus-den at $3.75 per square foot, illustrating that the higher-priced unit delivers substantially more floor area at a lower per-square-foot rate.

At Avani at Metrogate, adding a den to a one-bedroom suite carries a $233 monthly premium for an additional 100 square feet, equating to a marginal cost of $2.33 per square foot for the extra space. Active parking premiums cannot be reliably isolated from current listings due to insufficient paired sample data. However, verified historical leases at this building established a $200 per month parking stall benchmark, which serves as a reasonable reference point for prospective renters.

Avani at Metrogate's active asking rent of $2,075 per month sits below the Scarborough North submarket average of $2,553, yet its $4.02 per square foot rate exceeds the submarket benchmark of $3.38 by approximately 19 percent. The lower nominal monthly outlay is driven by more compact suite sizing—averaging 525 square feet at the building versus larger average footprints across the submarket—rather than cheaper per-unit pricing. Avani at Metrogate's four active listings represent roughly 5 percent of the 75 total active listings in the Scarborough North submarket.

Avani at Metrogate's all-time average closed lease rent of $2,221 per month sits $105 below the four-comp average of $2,326, though it exceeds the two older Ventus towers and trails Selene at Metrogate. Avani 2 at Metrogate (275 Village Green Sq) closed leases averaging $2,283 per month at $3.79 per square foot across 623 square feet of space. Selene at Metrogate (225 Village Green Sq) posted the highest comp rent at $2,386 per month, $3.46 per square foot, and 703 square feet. Ventus II at Metrogate (181 Village Green Sq) averaged $2,290 per month at $3.34 per square foot over 690 square feet, and Ventus I at Metrogate (151 Village Green Sq) recorded $2,345 per month at $3.26 per square foot across 720 square feet. The subject building's 606-square-foot average suite is the smallest in this set, which explains why its dollar rent appears competitive even though its per-square-foot rate is the highest.

Avani at Metrogate leases at $3.84 per square foot on an average 606-square-foot suite, a rate that runs 11 to 18 percent above every nearby competitor while offering the smallest interior footprint in the cluster. Against Selene at Metrogate, the subject trades at a $0.38 per-square-foot premium (11 percent higher) yet provides 97 fewer square feet; against Ventus I at Metrogate, the premium widens to $0.58 per square foot (17.8 percent) with 114 fewer square feet. Renter trade-offs are straightforward: you pay more per square foot for a building completed in 2017 versus the 2012–2013 Ventus towers, gaining a more recent Tridel build and a broader amenity mix, but you surrender meaningful interior space—roughly 15 to 19 percent less floor area than the comparable one-bedroom suites at the older towers. The value case rests on building age, amenity depth, and the verified $200-per-month parking premium rather than on raw square footage.

Avani at Metrogate's 14-item amenity package edges out its four nearest competitors in three specific areas that matter to day-to-day residents. The subject building includes a dedicated Yoga Studio, a feature absent from Avani 2 at Metrogate, Ventus I, and Ventus II—only Selene at Metrogate matches it. A Shared Laundry Room is available on-site at Avani at Metrogate but is not listed at any of the four comparables, removing the need to travel for laundry in a dense urban cluster. An Outdoor Children's Playground is a signature feature here that none of the four competitors offer, giving families a dedicated play space not found at Avani 2, Selene, Ventus I, or Ventus II. The Pet Wash Station is shared with Avani 2 and Selene but missing from both Ventus towers, and the subject's Meeting Room is absent from Selene's amenity list. Taken together, this lifestyle package—yoga studio, in-building laundry, outdoor playground, pet wash, and meeting room—best serves young professional couples and small families who want a full-service residential experience without leaving the building for fitness, childcare-adjacent play space, or casual work sessions.