Avani 2 at Metrogate — Rental Market Data

Avani 2 at Metrogate lists four available units as of August 31, 2026, with asking rents spanning $2,150 to $2,950 per month, an average of $2,363, and a median of $2,175. The mean suite size across active listings is 588 square feet at an asking rate of $4.19 per square foot. Inventory skews toward compact entry-level one-bedroom suites, which hold 50 percent of available stock, while the remaining two units split between a one-bedroom-plus-den and a two-bedroom-plus-den layout.

One-bedroom suites dominate active inventory at two listings, representing 50 percent of available stock with an average asking rent of $2,150 per month across 475 square feet at $4.64 per square foot. The one-bedroom-plus-den tier holds a single listing at $2,200 per month for 550 square feet at $4.00 per square foot, and the two-bedroom-plus-den tier also carries one listing at $2,950 per month for 850 square feet at $3.47 per square foot. No two-bedroom or three-bedroom suites without a den are currently on the market.

Avani 2 at Metrogate's active asking rents range from $2,150 to $2,950 per month, a dollar spread of $800 and a percentage spread of 37.2 percent. The median asking rent sits at $2,175 per month. The entry-level suite is a one-bedroom at 400 square feet priced at $5.38 per square foot, while the peak listing is a two-bedroom-plus-den at 850 square feet priced at $3.47 per square foot.

Avani 2 at Metrogate carries a $50-per-month den premium for an additional 75 square feet of space, equating to a marginal cost of $0.67 per square foot for the extra den area. Active parking stall premiums cannot be reliably isolated due to an insufficient paired sample, and no verified monthly parking fee can be quoted for current listings.

Avani 2 at Metrogate asks an average of $2,363 per month at $4.19 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 rent is $190 below the submarket average, but that gap closes entirely once suite size is factored in: active listings average 588 square feet versus the submarket norm, and the per-square-foot rate runs 24 percent above the neighborhood asking standard. Avani 2 at Metrogate accounts for four out of 75 available listings in the Scarborough North submarket, a 5.3 percent share of total active inventory.

Avani 2 at Metrogate's one-year average realized lease rent of $2,296 per month lands $11 below the four-comp benchmark of $2,307, positioning it marginally under the immediate peer set led by Selene at Metrogate and Ventus I at Metrogate. Avani at Metrogate (255 Village Green Sq, 0.05 km, 25 closed leases) averaged $2,208 per month at $3.87 per square foot across 598 square feet, meaning the subject commands $88 more per month. Ventus II at Metrogate (181 Village Green Sq, 0.11 km, 10 closed leases) averaged $2,290 per month at $3.34 per square foot over 690 square feet, a mere $6 gap in the subject's favour. Selene at Metrogate (225 Village Green Sq, 0.11 km, 26 closed leases) posted $2,386 per month at $3.46 per square foot across 703 square feet, placing the subject $90 lower. Ventus I at Metrogate (151 Village Green Sq, 0.15 km, 11 closed leases) recorded $2,345 per month at $3.26 per square foot over 720 square feet, with the subject trading $49 below that mark. All four competitors show active lease transactions, so no zero-volume reference buildings factor into this rent comparison.

Avani 2 at Metrogate leases at $3.71 per square foot across 638 square feet, a rate $0.23 per square foot above the four-comp average of $3.48 while offering 40 fewer square feet than the peer mean of 678. Against Avani at Metrogate, the subject trades at a $0.16 per square foot (4.1%) discount while providing 40 more interior square feet, giving renters a larger unit at a lower rate per square foot despite paying $88 more in total monthly rent. Versus Ventus II at Metrogate, the subject commands a $0.37 per square foot (11.1%) premium but delivers 52 fewer interior square feet, so the $6 higher nominal rent is driven entirely by the smaller footprint rather than a valuation gap. Against Selene at Metrogate, the subject carries a $0.25 per square foot (7.2%) premium with 65 fewer square feet, and the $90 lower total rent reflects that reduced interior area. Finally, compared to Ventus I at Metrogate, the subject commands a $0.45 per square foot (13.8%) premium while providing 82 fewer square feet, and the $49 lower monthly rent is a direct function of the smaller suite size rather than weaker asset positioning.

Avani 2 at Metrogate offers an 11-feature amenity suite anchored by a private Garden & Courtyard, a feature absent from all four nearby competitors, alongside a Gym & Fitness Centre, Sauna & Steam Room, Rooftop Terrace, Pet Wash Station, and dedicated Meeting Room. The subject lacks a Yoga Studio (present at Avani at Metrogate and Selene at Metrogate), a Dining Room & Kitchen (found at all four competitors), a Children's Playground (Avani at Metrogate), and a Daycare facility (Selene at Metrogate), while Ventus I at Metrogate adds a Card Room and Change Rooms not replicated in the subject's program. The Garden & Courtyard gives Avani 2 at Metrogate a distinct outdoor-living differentiator in an otherwise indoor-amenity-heavy cluster, and the inclusion of both a Meeting Room and Media & Theatre Room supports remote-work and entertainment use cases. This lifestyle package best serves young professionals and small households who prioritize a curated, low-maintenance social environment with outdoor green space over family-oriented facilities like daycare or playgrounds.