Islington Terrace 1 — Rental Market Data

Islington Terrace 1 carries five active rental listings as of August 31, 2026, with asking rents ranging from $2,200 to $3,400 per month, an average of $2,740 and a median of $2,650. The average suite in current availability measures 695 square feet at an asking rate of $3.95 per square foot. Two-bedroom and two-bedroom-plus-den layouts each account for 40 percent of active inventory, indicating the available stock leans toward multi-bedroom executive configurations rather than compact entry-level suites.

Two-bedroom units and two-bedroom-plus-den units each hold two of the five active listings, splitting the dominant 40 percent inventory share at Islington Terrace 1. The two-bedroom tier averages $2,600 per month across 696 square feet at $3.76 per square foot, while the two-bedroom-plus-den tier averages $3,150 per month across 768 square feet at $4.11 per square foot. A single one-bedroom-plus-den listing rounds out the mix at $2,200 per month for 550 square feet, priced at $4.00 per square foot.

Islington Terrace 1's five active listings span a $1,200 spread from a $2,200 entry point to a $3,400 peak, a 54.5 percent range that reflects the jump from compact one-bedroom-plus-den suites to larger two-bedroom-plus-den configurations. The median asking rent of $2,650 per month sits in the lower two-bedroom tier. The entry-level suite is a 550-square-foot one-bedroom-plus-den at $4.00 per square foot, while the peak offering is a 756-square-foot two-bedroom-plus-den at $4.50 per square foot.

Islington Terrace 1 does not have a quantified active den premium; the dollar amount and square-footage delta between den and non-den suites cannot be reliably isolated from the current five-listing sample. Historical leasing data does establish a verified parking stall premium of $197 per month, though active parking premiums cannot be reliably confirmed from present listings due to insufficient paired samples. Renters should treat the $197 figure as a reference benchmark rather than a guaranteed current add-on.

Islington Terrace 1's active asking rent of $2,740 per month and $3.95 per square foot both exceed the Etobicoke Centre submarket averages of $2,597 per month and $3.65 per square foot, placing the building at an 8.2 percent premium on a per-square-foot basis. The higher nominal monthly outlay is driven by larger average suite sizes in current availability—695 square feet versus the submarket norm—rather than purely elevated unit pricing. Islington Terrace 1 accounts for five of the 64 active listings in the Etobicoke Centre submarket, or roughly 7.8 percent of total available inventory.

Islington Terrace 1's average closed lease rent of $2,515 per month sits $256 below the four-comparable average of $2,771, while individual benchmarks range from $2,236 at Bloorvista to $4,000 at Town & Country I. Bloorvista at Islington Terrace (9 Mabelle Ave) closed leases averaging $2,236 per month at $3.85 per square foot across 589 square feet of suite space. Bloor Promenade at Islington Terrace (5 Mabelle Ave) recorded an average of $2,436 per month at $3.75 per square foot over 658 square feet. Kingswood on Bloor (3391 Bloor St W) leased at $2,410 per month, $3.73 per square foot, and 652 square feet. Town & Country I (1 Lomond Dr) commanded $4,000 per month at $3.08 per square foot across a substantially larger 1,300-square-foot average unit.

Islington Terrace 1 leases at $3.92 per square foot across an average 655-square-foot suite, trading at a premium over every nearby comparable on a per-square-foot basis while offering less total space than the comp average of 800 square feet. Against Bloorvista at Islington Terrace, the subject provides 66 more square feet of interior space yet still commands a $0.07 per square foot (1.8%) premium over that building's $3.85 rate. Versus Bloor Promenade at Islington Terrace, the subject actually offers three fewer square feet while charging $0.17 per square foot (4.5%) more than the comp's $3.75 rate. Kingswood on Bloor shows a similar pattern: the subject adds three square feet of space and carries a $0.19 per square foot (5.1%) premium over Kingswood's $3.73 rate. Town & Country I presents the sharpest contrast—its 1,300-square-foot average unit is 645 square feet larger than the subject's, yet the subject still trades at a $0.84 per square foot (27.3%) premium over that building's $3.08 rate, reflecting the value renters place on the newer construction and amenity depth at 7 Mabelle Ave.

Islington Terrace 1 delivers a broader wellness and social amenity package than any single nearby competitor, combining an outdoor pool, EV charging, a dedicated spin studio, a hot tub and jacuzzi, and a full dining room and kitchen under one roof. Where Bloorvista at Islington Terrace offers only an indoor pool, the subject adds an outdoor pool for year-round seasonal use; Kingswood on Bloor provides no pool at all. EV charging stations are available at the subject but absent from Bloorvista, Kingswood, and Town & Country I, giving electric-vehicle owners a clear convenience advantage. The dedicated spin studio at Islington Terrace 1 is missing from Bloor Promenade, Kingswood, and Town & Country I, offering a structured cardio option beyond a standard gym floor. The hot tub and jacuzzi complement the sauna and steam room in a way that Bloor Promenade and Kingswood do not match, and the full dining room and kitchen—ideal for group gatherings—goes beyond what Kingswood or Town & Country I provide. This lifestyle package best serves young professionals and small families in the Etobicoke Centre corridor who want resort-style recreation, active-fitness programming, and social hosting space without stepping outside their building.