Metropole — Rental Market Data

Metropole features 2 active listings as of August 31, 2026, with an asking price range spanning from $2,100 to $3,500 per month, an average asking rent of $2,800 per month, and a median asking rent of $2,800 per month. Active inventory averages 680 square feet with an asking rate of $4.45 per square foot. Studios and 2-Bedroom configurations each capture an equal 50% share of current active inventory, presenting a polarized selection split between compact entry-level options and larger multi-bedroom layouts.

The dominant active layout at Metropole is shared evenly between 2-Bedroom and Studio suites, each accounting for 1 active listing and a 50% inventory share. The single active 2-Bedroom listing commands an average rent of $3,500 per month across 960 square feet at $3.65 per square foot. The single active Studio suite asks $2,100 per month across 400 square feet at $5.25 per square foot.

Metropole displays a minimum entry rent of $2,100 per month and a peak asking rent of $3,500 per month, yielding a dollar spread of $1,400 per month and a percentage spread of 66.7%. The median asking rent sits at $2,800 per month. The entry-level tier consists of a Studio suite measuring 400 square feet priced at $5.25 per square foot, while the peak tier comprises a 2-Bedroom suite spanning 960 square feet priced at $3.65 per square foot.

Active den premium data for Metropole is currently unavailable, as den square footage deltas and marginal pricing cannot be isolated from current listings. Active parking stall costs are similarly unquantifiable due to insufficient paired sample data, meaning parking premiums cannot be reliably determined from active inventory.

Metropole asks an average monthly rent of $2,800 per month at $4.45 per square foot, which compares to the Downtown Core submarket asking averages of $3,471 per month and $4.56 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. Active square foot pricing sits 2.4% below the submarket asking benchmark, with the building representing 0.9% of total submarket active inventory.

Metropole achieves an average lease rent of $2,921 per month, aligning closely with the overall competitive benchmark average of $2,927 per month across named area peers including Cosmopolitan, 1 King West Hotel and Residences, 88 Scott, and The Wellington. Individual competitor performance varies significantly by building age, layout format, and suite scale: Cosmopolitan (8 Colborne Street) reports an average lease rent of $2,100 per month at $5.25 per square foot across an average of 400 square feet; 1 King West Hotel and Residences (1 King St W) records an average lease rent of $2,253 per month at $4.77 per square foot across 484 square feet; 88 Scott (88 Scott St) posts an average lease rent of $2,956 per month at $4.35 per square foot across 697 square feet; and The Wellington (30 Wellington St E) commands an average lease rent of $4,400 per month at $2.82 per square foot across a much larger average footprint of 1,567 square feet.

Metropole establishes its value proposition by offering a competitive rate of $3.90 per square foot across an average suite size of 819 square feet, positioning it favorably against smaller, higher-rate alternatives and ultra-large legacy footprints in the Downtown Core. Renters evaluating Metropole trade off the hyper-compact micro-suites found at Cosmopolitan ($5.25 per square foot across 400 square feet) and 1 King West ($4.77 per square foot across 484 square feet) for more substantial, livable square footage. At the same time, Metropole provides a more accessible overall financial commitment than the sprawling, large-format luxury suites at The Wellington, which averages $2.82 per square foot across 1,567 square feet, while remaining competitively aligned with modern mid-sized towers like 88 Scott ($4.35 per square foot across 697 square feet).

Metropole delivers an extensive, well-rounded lifestyle and amenity package that successfully competes with newer and historical towers in the Downtown Core. Signature amenities at Metropole include a concierge and security service, a gym and fitness centre, an indoor pool, a sauna and steam room, a squash and racquetball court, a party and lounge room, a games and billiards room, a meeting room, a rooftop terrace, and a BBQ area. When contrasted against nearby competitors, Metropole's traditional recreational facilities match or exceed the specialized wellness features found at Cosmopolitan (which offers a hot tub, jacuzzi, and full-service spa) and 1 King West Hotel and Residences (which features a historic bank vault, a daily ritual cafe, and a bar). Furthermore, Metropole offers more diverse athletic amenities, such as its squash and racquetball court, than newer builds like 88 Scott, which focuses instead on a spin studio, yoga studio, and pet wash station. This comprehensive amenity mix makes Metropole particularly well-suited for established urban professionals and fitness-minded residents seeking robust building infrastructure in the heart of downtown Toronto.