357 King West — Rental Market Data

At 357 King West, active inventory consists of 3 listings as of August 31, 2026, spanning an asking price range of $2,375 to $4,800 per month, an average rent of $3,675 per month, and a median rent of $3,850 per month. Active suites average 832 square feet with an asking rate of $4.41 per square foot, and layout distribution is divided evenly among 1-Bedroom, 2-Bedroom, and 3-Bedroom+ configurations.

The dominant active layouts at 357 King West are 1-Bedroom, 2-Bedroom, and 3-Bedroom+ configurations, which each hold 1 listing and a 33.3% inventory share percentage. The 1-Bedroom tier averages $2,375 per month across 550 square feet at $4.32 per square foot. The 2-Bedroom tier averages $3,850 per month across 850 square feet at $4.53 per square foot, while the 3-Bedroom+ tier averages $4,800 per month across 1,095 square feet at $4.38 per square foot.

357 King West features a minimum entry rent of $2,375 per month and a peak asking rent of $4,800 per month, generating a dollar spread of $2,425 and a percentage spread of 102.1%. The median asking rent rests at $3,850 per month. The entry-level suite consists of a 1-Bedroom layout spanning 550 square feet at $4.32 per square foot, contrasted against the peak 3-Bedroom+ suite spanning 1,095 square feet at $4.38 per square foot.

Active den premium data for 357 King West cannot be reliably isolated due to insufficient square footage deltas in current listings. Active parking premium data is similarly inconclusive due to an insufficient paired sample, meaning parking stall costs cannot be reliably isolated from current inventory.

Asking rent at 357 King West averages $3,675 per month at $4.41 per square foot, comparing favorably to the submarket average asking rent of $3,542 per month and $5.53 per square foot. The building's asking rate per square foot sits 20.3% below the submarket asking benchmark, while capturing a modest share of the broader Entertainment District inventory.

357 King West achieves an average all-time lease rent of $2,628 per month, trading below the overall comparable average of $2,792 per month while competing closely with benchmarks like Bisha, King Blue, and M5V Condominiums. Bisha (88 Blue Jays Way, located 0.03 km away) commands an average lease rent of $3,150 per month at $5.52 per square foot across an average of 599 square feet. King Blue - South Tower (115 Blue Jays Way, located 0.04 km away) reports an average lease rent of $2,132 per month at $4.55 per square foot across compact 474-square-foot footprints. King Blue - King Tower (125 Blue Jays Way, located 0.05 km away) records an average lease rent of $3,124 per month at $4.21 per square foot across larger 749-square-foot suites. Finally, M5V Condominiums (375 King St W, located 0.06 km away) registers an average lease rent of $2,762 per month at $4.75 per square foot across an average of 632 square feet.

357 King West establishes its market value proposition by offering an average leased rate of $3.98 per square foot across an average suite size of 668 square feet, providing a cost-effective alternative to neighboring towers in the Entertainment District. Renters at 357 King West trade slightly older or smaller footprints at competing properties for a modern 2023 build that delivers superior interior square footage and lower utility burdens per square foot. For example, Bisha leases at $5.52 per square foot across 599 square feet, meaning the subject building provides 69 more interior square feet at a discount of $1.54 per square foot (27.9% lower). Similarly, King Blue - South Tower averages $4.55 per square foot across 474 square feet, positioning 357 King West with 194 more interior square feet at a $0.57 per square foot (12.5%) discount. Compared to King Blue - King Tower at $4.21 per square foot across 749 square feet, the subject trades at a minor $0.23 per square foot (5.5%) discount while offering functional, efficient living spaces. Against M5V Condominiums at $4.75 per square foot across 632 square feet, 357 King West provides 36 more square feet at a $0.77 per square foot (16.2%) discount, reinforcing its strong overall value relative to the broader submarket average of $4.52 per square foot.

357 King West delivers an extensive lifestyle and wellness amenity package tailored to urban professionals, featuring a dedicated concierge and security team, a fully equipped gym and fitness centre, a tranquil yoga studio, a versatile party and lounge room, and an expansive rooftop terrace. When contrasted with nearby competitors, the subject building's amenity roster holds a distinct competitive advantage over older developments like the 2011-era M5V Condominiums (which lacks dedicated modern co-working and specialized juice bar spaces) and matches the high-end hospitality focus found at Bisha while offering more comprehensive wellness facilities than King Blue - South Tower. Residents enjoy a complete social and recreational environment that includes meeting rooms, a business centre, a shared dining room and kitchen, an outdoor BBQ area, a sauna and steam room, a games and billiards room, and a juice bar. This robust amenity infrastructure directly serves young professionals, corporate tenants, and couples seeking a contemporary, hotel-inspired living experience in the heart of downtown Toronto without paying peak luxury premiums.