The College — Rental Market Data

The College features 8 active listings as of August 31, 2026, with asking prices spanning from $1,950 to $4,795 per month, averaging $3,622 per month and a median of $3,725 per month. Active suites average 837 square feet with an average asking rate of $4.38 per square foot. Multi-bedroom configurations dominate the current inventory mix, led by 3-Bedroom+ suites representing 37.5% of available units.

The dominant active layout at The College is the 3-Bedroom+ tier, accounting for 3 active listings or a 37.5% share of current availability. The building also offers a 2-Bedroom tier comprising 2 units (25.0% share) with an average rent of $3,675 per month across 750 square feet at $4.90 per square foot, alongside limited single listings for 1-Bedroom, 1-Bedroom + Den, and 2-Bedroom + Den layouts.

The College displays a wide pricing spread spanning from a minimum entry rent of $1,950 per month to a peak asking rent of $4,795 per month, creating a nominal dollar spread of $2,845 per month or a 145.9% variance. Median asking rent stands at $3,725 per month. The minimum entry tier consists of a 1-Bedroom suite spanning 950 square feet priced at $2.05 per square foot, whereas the peak asking tier comprises a 3-Bedroom+ suite spanning 1,046 square feet priced at $4.58 per square foot.

The College records an active den premium of $1,030 per month with a square footage delta of -300 square feet. Marginal cost per square foot for the extra den space is unquantified due to negative square footage tracking. Active parking stalls are available for a verified monthly fee of $298 per month.

The College records an average asking rent of $3,622 per month at $4.38 per square foot, tracking above the broader Downtown West submarket asking benchmark of $3,080 per month in nominal rent while offering a competitive rate per square foot. The higher nominal outlay relative to certain submarket averages is influenced by specific layout configurations. The building's asking rate per square foot sits 8.9% below the submarket asking benchmark of $4.81 per square foot, backed by 8 active listings representing a small share of submarket inventory.

The College achieves an average lease rent of $2,848 per month, positioning it moderately above the overall comp average lease rent of $2,232 per month while trading competitively against nearby benchmark buildings like 8 Oxford Condominiums. Individual competitor metrics show 335 College Street recording an average lease rent of $1,914 per month at $4.79 per square foot across an average of 400 square feet; 8 Oxford Condominiums recording an average lease rent of $2,550 per month at $3.40 per square foot across an average of 750 square feet; and the Waverley alongside Kensington Market Lofts, II reporting zero active leases during the observation period.

The College delivers a balanced value proposition by trading at $4.52 per square foot across an average suite size of 644 square feet, aligning closely with the submarket average lease rate of $4.55 per square foot. Renters evaluating the subject building versus older alternatives like the 2001-built 8 Oxford Condominiums—which offers a larger average footprint of 750 square feet at a lower rate of $3.40 per square foot—trade off slightly smaller square footage for superior building age, modern suite layouts, and reduced maintenance burdens. Against compact micro-suite alternatives such as 335 College Street, which averages 400 square feet at $4.79 per square foot, The College provides significantly more interior living space while maintaining competitive square footage pricing efficiency.

The College delivers a comprehensive lifestyle and amenity profile that compares favorably against surrounding mid-rise and high-rise alternatives in the Downtown West micro-market. The subject building features signature amenities including a 24/7 Concierge & Security service, a fully equipped Gym & Fitness Centre, a dedicated Media & Theatre Room, an expansive Rooftop Terrace, and a landscaped Garden & Courtyard. In contrast, 335 College Street offers a basic amenity package limited to a concierge, shared laundry, and rooftop terrace, while 8 Oxford Condominiums provides a gym, shared laundry, rooftop terrace, and party room. Meanwhile, modern peers like the Waverley introduce specialized features such as yoga and spin studios, an outdoor pool, a pet wash station, and a luxury car share. This robust amenity package makes The College particularly attractive to working professionals and urban couples seeking full-service condominium living with strong recreational spaces.