Port Royal Place IV — Rental Market Data

Port Royal Place IV has one active listing as of August 31, 2026, asking $3,000 per month with both the minimum and maximum rent at that single figure. The available suite measures 850 square feet and carries an asking rate of $3.53 per square foot. This lone listing is a two-bedroom layout representing 100 percent of current active inventory, placing the building squarely in the multi-bedroom tier rather than the compact entry-level segment that dominates the broader Etobicoke Centre submarket.

The sole active layout at Port Royal Place IV is a two-bedroom unit, accounting for 100 percent of the one available listing. That single two-bedroom suite asks $3,000 per month across 850 square feet at $3.53 per square foot. No studio, one-bedroom, or den-included configurations are currently listed, so renters seeking smaller footprints must look to other buildings in the Etobicoke Centre submarket.

Port Royal Place IV's active pricing spread is $0 with a 0 percent range, as the single available unit sets both the entry and peak asking rent at $3,000 per month. The median asking rent is likewise $3,000. The entry-level and peak suite are the same two-bedroom configuration at 850 square feet and $3.53 per square foot, so no tier differentiation exists within the current active inventory.

Port Royal Place IV does not have a quantifiable den premium or den square-footage delta in its active inventory, as the sole listed unit is a standard two-bedroom layout without a separate den component. Parking stall costs cannot be reliably isolated for this building, as the available paired sample is insufficient to produce a dependable monthly premium figure.

Port Royal Place IV's active asking rent of $3,000 per month exceeds the Etobicoke Centre submarket average asking rent of $2,654, while its $3.53 per square foot rate sits 3.8 percent below the submarket asking benchmark of $3.67 per square foot. The higher nominal monthly rent is driven by the active suite's 850-square-foot footprint, which is 127 square feet larger than the submarket implied average of 723 square feet, meaning renters are paying for additional space rather than a premium per-unit rate. Port Royal Place IV represents one out of 78 available listings in the Etobicoke Centre submarket as of August 31, 2026.

Port Royal Place IV's average realized lease rent of $2,317 per month runs $54 below the four-comparable benchmark of $2,371, with the spread driven primarily by the three larger-footprint peers that price above the subject on a nominal basis. Port Royal Place V at 9 Michael Power Pl (0.04 km, one closed lease) averaged $2,300 per month at $4.18 per square foot over 550 square feet, placing the subject $17 higher in absolute rent. Port Royal Place III at 11 Michael Power Pl (0.06 km, three closed leases) averaged $2,433 per month at $3.70 per square foot over 667 square feet, with the subject trading $116 lower. Vivid at 1 Michael Power Pl (0.07 km, five closed leases) averaged $2,410 per month at $3.74 per square foot over 654 square feet, where the subject sits $93 below. Promenade at Port Royal Place at 5 Michael Power Pl (0.08 km, six closed leases) averaged $2,342 per month at $3.74 per square foot over 633 square feet, with the subject $25 lower. All four competitors recorded closed lease transactions in the trailing 180-day window, so each provides a realized pricing reference rather than a listing-only data point.

Port Royal Place IV leases at $3.76 per square foot over an average 617-square-foot suite, positioning it at a slight rate premium against three of four nearby competitors while carrying a smaller interior footprint than each of those three peers. Against Port Royal Place V (550 sq ft, $4.18/sf), the subject trades at a $0.42 per square foot discount and provides 67 more interior square feet, meaning the $17 higher nominal rent is entirely a function of the larger suite rather than a per-unit valuation gap. Against Port Royal Place III (667 sq ft, $3.70/sf), the subject commands a $0.06 per square foot premium while offering 50 fewer square feet, so the $116 lower monthly rent reflects the reduced interior footprint rather than weaker asset pricing. The same dynamic holds against Vivid (654 sq ft, $3.74/sf) and Promenade at Port Royal Place (633 sq ft, $3.74/sf), where the subject posts a marginal $0.02 per square foot premium over 37 and 16 fewer square feet respectively, confirming that the nominal rent gap in each case is a square-footage effect, not a discount in per-unit value.

Port Royal Place IV offers an eight-feature lifestyle package—Concierge & Security, Gym & Fitness Centre, Golf Simulator, Party & Lounge Room, Meeting Room, Media & Theatre Room, Games & Billiards Room, and BBQ Area—that differentiates it from three of its four immediate competitors on specific recreational and remote-work amenities. The Golf Simulator is absent from Vivid, Promenade at Port Royal Place, and Port Royal Place III, giving the subject a niche leisure offering that none of those three buildings replicates, while the Media & Theatre Room is missing from Promenade at Port Royal Place. Conversely, Vivid's 14-amenity roster includes an Indoor Pool, Sauna & Steam Room, Library & Reading Room, Dining Room & Kitchen, Garden & Courtyard, and Shared Splash Pad—features entirely absent from the subject—and Port Royal Place III and Promenade both offer outdoor children's playgrounds that the subject does not provide. The subject's package, anchored by the Golf Simulator, dedicated meeting room, and BBQ area without aquatic or family-playground infrastructure, best serves working professionals and small households who prioritize remote-work flexibility, indoor recreation, and social entertaining over resort-style wellness or family-oriented outdoor amenities.