Via Bloor - Tower 1 — Rental Market Data

Via Bloor - Tower 1 holds two active listings as of August 31, 2026, spanning a price range of $2,300 to $4,100 per month with an average and median asking rent of $3,200. The average suite measures 809 square feet at an asking rate of $3.98 per square foot. Inventory is evenly divided between a compact 1-Bedroom + Den entry-level suite and a 3-Bedroom+ executive layout, so the tower currently offers no two-bedroom options and no multi-unit choice within any single tier.

The dominant active layout at Via Bloor - Tower 1 is the 1-Bedroom + Den, accounting for one of two listings or 50 percent of available inventory at an average asking rent of $2,300 per month across 567 square feet and a rate of $4.06 per square foot. The remaining 50 percent is a single 3-Bedroom+ unit asking $4,100 per month over 1,050 square feet at $3.90 per square foot. Both tiers are single-listing samples, so no tier offers a comparative spread for renters to negotiate against.

Via Bloor - Tower 1's two active listings span a dollar spread of $1,800, or 78.3 percent, from a minimum entry rent of $2,300 per month to a peak asking rent of $4,100 per month. The median asking rent sits at $3,200 per month. The entry-level suite is a 1-Bedroom + Den measuring 567 square feet at $4.06 per square foot, while the peak offering is a 3-Bedroom+ layout of 1,050 square feet priced at $3.90 per square foot, meaning the larger unit actually carries a lower rate per square foot despite the higher monthly outlay.

Via Bloor - Tower 1 does not currently have a quantified den premium or square-footage delta between den and non-den suites, as the active sample contains only one den unit and no paired comparison. Marginal cost per square foot for additional den space therefore cannot be calculated from current listings. Active parking premiums also cannot be reliably isolated from the two available listings due to insufficient paired data; however, verified historical leases at this building established a parking stall benchmark of $298 per month.

Via Bloor - Tower 1 asks an average of $3,200 per month at $3.98 per square foot, compared to the Cabbagetown submarket asking benchmark of $3,178 per month at $4.33 per square foot. The building's nominal asking rent is marginally higher than the submarket average, but its rate per square foot is 8.1 percent below the submarket benchmark, indicating that the slightly larger average suite size (809 square feet versus the submarket norm) accounts for the modest monthly premium rather than a steeper unit price. Via Bloor - Tower 1's two active listings represent approximately 1.9 percent of the 106 total active listings across the Cabbagetown submarket.

Via Bloor – Tower 1's average closed lease rent of $2,767 per month runs $12 above the four-comparable average of $2,755, positioning it squarely within the local benchmark band. The two comps with reported lease data bracket the subject: Via Bloor – Tower 2 at 585 Bloor St E (0.07 km) closed leases averaging $2,967 per month at $3.98 per square foot across 761 square feet of average suite area, while Burke Condos at 605-609 Sherbourne Street (0.32 km) transacted at $2,542 per month, $3.66 per square foot, and 703 square feet on average. The Somerset at 1A Dale Ave and No. 7 Rosedale at 7 Dale Ave recorded no closed lease transactions in the trailing 180-day window, so their rent metrics remain unavailable for direct comparison.

At $3.80 per square foot and 740 average square feet, Via Bloor – Tower 1 offers a value profile that splits the difference between its two transacting competitors: it trades at a $0.18 per square foot (4.5%) discount below Via Bloor – Tower 2's $3.98 rate while commanding a $0.14 per square foot (3.8%) premium over Burke Condos' $3.66 rate. In practical terms, a tenant at Tower 1 receives 21 fewer square feet than the comparable 761-square-foot suites at Tower 2 but pays $200 less per month, whereas against Burke Condos' 703-square-foot average, the subject provides 37 additional square feet for $225 more per month. The Somerset and No. 7 Rosedale sit at parity on both rate and size but offer no closed-lease data to validate those figures, leaving Tower 2 and Burke as the actionable benchmarks for renter decision-making in this micro-market.

Via Bloor – Tower 1 assembles a resort-style wellness and social amenity suite that distinguishes it from three of its four nearby competitors, particularly on spa and leisure infrastructure. The building's dedicated Spa Lounge is unique across the entire comparable set—neither Tower 2, Burke Condos, The Somerset, nor No. 7 Rosedale offers an equivalent space. Its Hot Tub & Jacuzzi and Sauna & Steam Room combination is absent from Burke Condos, The Somerset, and No. 7 Rosedale, giving Tower 1 a clear wellness edge over those three properties. The Outdoor Pool and Media & Theatre Room, while shared with Tower 2 and Burke, are entirely missing from The Somerset and No. 7 Rosedale, making the subject the more complete lifestyle option for tenants comparing against those two addresses. Finally, the Shared Laundry Room on-site eliminates a daily errand that Tower 2 and Burke Condos residents must handle off-building. Together, this package best serves wellness-oriented young professionals and small households in Cabbagetown who want hotel-grade recreation, social gathering space, and convenience without stepping outside their building.