Bloor Promenade at Islington Terrace — Rental Market Data

Bloor Promenade at Islington Terrace has two active listings as of August 31, 2026, with asking rents ranging from $3,000 to $3,050 per month and an average of $3,025 per month. Both units average 800 square feet at a combined asking rate of $3.79 per square foot, and the inventory splits evenly between a two-bedroom (50 percent) and a two-bedroom-plus-den (50 percent). The current availability skews toward larger multi-bedroom executive layouts rather than compact entry-level suites, a notable departure from the building's historical lease mix dominated by one-bedroom-plus-den units.

The dominant active layout at Bloor Promenade at Islington Terrace is the two-bedroom, with one listing representing 50 percent of available inventory at an average asking rent of $3,000 per month across 750 square feet ($4.00 per square foot). The second tier, a two-bedroom-plus-den, also holds one listing at 50 percent share, asking $3,050 per month for 850 square feet at $3.59 per square foot. Both tiers are single-listing samples, so no within-tier price compression or range can be assessed.

Bloor Promenade at Islington Terrace shows a minimum entry rent of $3,000 per month and a peak asking rent of $3,050 per month, producing a $50 spread or 1.7 percent range across its two active units. The median asking rent is $3,025 per month. The entry-level suite is a two-bedroom at 750 square feet priced at $4.00 per square foot, while the peak suite is a two-bedroom-plus-den at 850 square feet priced at $3.59 per square foot, meaning the larger layout actually carries a lower rate per square foot despite the higher nominal rent.

At Bloor Promenade at Islington Terrace, active den premiums and square-footage deltas cannot be reliably quantified from the current two-unit sample. The marginal cost per square foot for additional den space is therefore uncalculated. Active parking stall premiums also cannot be reliably isolated due to an insufficient paired sample, though historical lease data confirms a verified parking add-on of $163 per month.

Bloor Promenade at Islington Terrace asks an average of $3,025 per month at $3.79 per square foot, compared to the Etobicoke Centre submarket asking benchmark of $2,597 per month at $3.65 per square foot. The building's asking rate runs 3.8 percent above the submarket per-square-foot benchmark, a gap that is partly offset by the larger 800-square-foot average footprint versus the submarket norm. The two active listings represent 2 out of 64 available units in the Etobicoke Centre submarket, or roughly 3.1 percent of total active inventory.

Bloor Promenade at Islington Terrace's all-time average realized lease rent of $2,395 per month sits $396 below the four-comparable benchmark of $2,791, a gap driven primarily by the outsized footprint of Town & Country I in the comp set. Islington Terrace 1 (7 Mabelle Ave, 0.03 km, 38 closed leases) averaged $2,519 per month at $3.91 per square foot across 657 square feet, placing the subject $124 per month lower than that immediate neighbour. Bloorvista at Islington Terrace (9 Mabelle Ave, 0.06 km, 28 closed leases) averaged $2,236 per month at $3.85 per square foot across 589 square feet, meaning the subject commands $159 per month more than this comp. Kingswood on Bloor (3391 Bloor St W, 0.27 km, 5 closed leases) averaged $2,410 per month at $3.73 per square foot across 652 square feet, with the subject trading just $15 per month below. Town & Country I (1 Lomond Dr, 0.27 km, 1 closed lease) recorded an average of $4,000 per month at $3.08 per square foot across 1,300 square feet; with only a single transaction in the trailing 180 days, this figure serves as a limited reference rather than a reliable pricing benchmark, and the $1,605 per month gap to the subject reflects the 652-square-foot footprint difference rather than a true valuation spread.

Bloor Promenade at Islington Terrace leases at $3.75 per square foot across an average 648-square-foot suite, a rate that sits $0.11 per square foot above the four-comparable average of $3.64 per square foot while offering 152 fewer square feet than the comp-set mean of 800. Against Islington Terrace 1, the subject trades at a $0.16 per square foot (4.1%) discount and provides 9 fewer interior square feet, so the $124-per-month lower nominal rent reflects both a slightly smaller footprint and a more competitive per-square-foot rate rather than a weaker asset valuation. Against Bloorvista at Islington Terrace, the subject trades at a $0.10 per square foot (2.6%) discount yet provides 59 more interior square feet; the $159-per-month higher nominal rent is therefore driven entirely by the larger interior footprint, not by a premium rate. Kingswood on Bloor presents a near-parity comparison: the subject commands a $0.02 per square foot (0.5%) premium while providing 4 fewer interior square feet, a negligible structural difference between the two buildings. Town & Country I, with its single closed lease and 1,300-square-foot average suite, is not a meaningful rate benchmark; the subject's $0.67 per square foot (21.8%) premium over that comp is an artifact of the 652-square-foot size gap, not a signal of superior per-unit pricing power.

Bloor Promenade at Islington Terrace offers one of the most comprehensive lifestyle packages in this immediate Mabelle Avenue cluster, fielding 19 distinct amenities including both an indoor and outdoor pool, a dedicated business centre, a rooftop terrace, and a full children's programming suite. The building's Business Centre is a signature feature absent from all four named competitors, giving remote workers and small entrepreneurs an on-site professional workspace that Islington Terrace 1, Bloorvista at Islington Terrace, Kingswood on Bloor, and Town & Country I do not provide. The dual indoor-and-outdoor pool configuration matches Islington Terrace 1 but exceeds Bloorvista at Islington Terrace (indoor pool only), Kingswood on Bloor (no pool), and Town & Country I (indoor pool only). Where the older Kingswood on Bloor offers a Library & Reading Room, the subject substitutes a Media & Theatre Room and Games & Billiards Room, skewing the social programming toward active recreation over quiet study. This amenity depth—spanning aquatic wellness, fitness, remote-work infrastructure, and family programming—positions the building squarely for young professional households and small families who want a full-service residential experience without leaving the property, distinguishing it from the leaner, gym-and-terrace-only profiles of the 2008-vintage Kingswood on Bloor and the single-transaction Town & Country I.