St. Gabriel Manor — Rental Market Data

St. Gabriel Manor's all-time average realized lease rent of $2,467 per month sits $1,291 below the four-comparable benchmark of $3,758, a gap driven almost entirely by St. Gabriel Village II's single large-format transaction. Against the three remaining active peers, the subject trades at a $204-per-month discount to St. Gabriel Terraces (650 Sheppard Ave E, 0.04 km, 7 closed leases, $2,671 average rent, $4.87 per square foot, 629 sq ft), a $5,783-per-month discount to St. Gabriel Village II (662 Sheppard Ave E, 0.08 km, 1 closed lease, $8,250 average rent, $3.81 per square foot, 2,165 sq ft), a $487-per-month premium over Bayview at the Village (625 Sheppard Avenue E, 0.09 km, 1 closed lease, $1,980 average rent, $3.60 per square foot, 550 sq ft), and a $336-per-month premium over 625 Sheppard (6 Greenbriar Rd, 0.12 km, 22 closed leases, $2,131 average rent, $3.89 per square foot, 557 sq ft). No competitor in this set recorded zero lease transactions, so every figure above reflects realized market pricing rather than an architectural placeholder.

St. Gabriel Manor leases at $3.37 per square foot across an average 733-square-foot suite, a rate that trades at a discount below every active nearby competitor and 13.4 percent under the submarket leased benchmark of $3.88 per square foot. Against St. Gabriel Terraces, the subject offers 104 more interior square feet while paying $1.50 per square foot less, meaning the higher nominal rent differential of $204 is fully explained by the larger footprint rather than a weaker per-unit valuation. Versus 625 Sheppard, the subject provides 176 additional square feet at a $0.52-per-square-foot discount, so the $336 monthly premium over that comp reflects pure space rather than a rate premium. The same logic holds against Bayview at the Village: 183 more square feet at a $0.23-per-square-foot discount yields the $487 higher monthly figure. St. Gabriel Village II inverts the size equation—the subject delivers 1,432 fewer square feet at a $0.44-per-square-foot discount—so the $5,783 rent gap is overwhelmingly a function of the comp's 2,165-square-foot layout rather than a per-unit pricing advantage.

St. Gabriel Manor offers a six-item lifestyle package—concierge and security, gym and fitness centre, party and lounge room, meeting room, rooftop terrace, and garden courtyard—that covers core residential essentials but stops short of the wellness and recreation suites found in its immediate neighbours. St. Gabriel Terraces layers on a sauna and steam room, car wash bay, BBQ area, and games and billiards room; St. Gabriel Village II adds an indoor pool, hot tub and jacuzzi, valet parking, and a games room; and 625 Sheppard extends the list with a yoga studio, business centre, media and theatre room, library and reading room, dining room and kitchen, pet wash station, and firepit. Bayview at the Village, by contrast, provides no common lifestyle or recreational facilities at all, operating as a bare-bones residential product. The subject's rooftop terrace and garden courtyard give it an outdoor-living edge over Bayview at the Village, while its absence of aquatic, wellness, and pet-specific amenities positions it below the older St. Gabriel buildings and the newer 625 Sheppard. This package best serves cost-conscious professionals and small households who value a secure, low-maintenance building with a functional gym, a shared meeting space for remote work, and access to open-air common areas without paying the premium attached to pool-and-sauna or full-service resort-style amenity decks.