INDX — Rental Market Data

INDX currently maintains 6 active listings as of August 31, 2026, offering a price range between $2,320 and $3,200 per month with an average asking rent of $2,812 per month and a median asking rent of $2,950 per month. Active suites average 640 square feet with an asking rate of $4.56 per square foot, featuring 1-Bedroom + Den configurations as the dominant layout share at 33.3 percent of the available inventory as listings skew toward compact, multi-room executive layouts.

The dominant active layout at INDX is the 1-Bedroom + Den, accounting for 2 listings and a 33.3 percent inventory share. Available inventory spans 1 single-listing 1-Bedroom suite averaging $2,320 per month across 400 square feet at $5.80 per square foot, alongside 2 1-Bedroom + Den units averaging $2,650 per month across 550 square feet at $4.82 per square foot, and 2 2-Bedroom + Den suites averaging $3,125 per month across 750 square feet at $4.17 per square foot. Additional selection includes 1 single-listing 2-Bedroom unit averaging $2,999 per month across 838 square feet at $3.58 per square foot.

INDX displays an asking rent spread from a minimum entry rent of $2,320 per month to a peak asking rent of $3,200 per month, establishing an absolute dollar spread of $880 per month or a 37.9 percent percentage spread. The median asking rent sits at $2,950 per month, while the entry-level tier comprises a 1-Bedroom suite spanning 400 square feet at $5.80 per square foot, contrasting against the peak tier anchored by larger multi-bedroom layouts reaching 750 square feet at $4.27 per square foot.

INDX commands an active den premium of $330 per month for a square footage delta of 150 square feet. This delivers an incremental cost of $2.20 per square foot for the extra den space, while active parking premium data cannot be reliably isolated due to an insufficient paired sample.

INDX asks an average rent of $2,812 per month at $4.56 per square foot, trailing the broader Downtown Core submarket asking rent benchmark of $3,471 per month while matching the submarket asking rate of $4.56 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than discounted unit pricing, as the building registers a psf_vs_submarket_asking_pct of 0 percent while holding 224 active submarket inventory comps.

INDX leases at an average rent of $2,546 per month, trading below the overall competitor average of $4,668 per month when evaluated alongside luxury-tier benchmarks like St. Regis Residences Toronto and Living Shangri-La Toronto. Individual competitors include the Graphic Arts Building (73 Richmond St W), which reports an average lease rent of $2,298 per month at $4.32 per square foot across an average of 568 square feet; St. Regis Residences Toronto (311 Bay St), commanding $7,838 per month at $9.41 per square foot across an average of 1,032 square feet; Five Condos (105 Yonge Street), recording an average lease rent of $2,300 per month at $4.18 per square foot across an average of 550 square feet; and Living Shangri-La Toronto (180 University Ave), averaging $6,236 per month at $7.17 per square foot across an average of 990 square feet.

INDX provides a competitive value proposition in the Downtown Core, trading at an average of $4.40 per square foot across an average suite size of 626 square feet compared to the broader competitor benchmark of $6.27 per square foot and 785 square feet. Renters at INDX navigate distinct trade-offs, opting for modern 2016 construction efficiency, lower utility burdens, and contemporary finishes rather than larger, hotel-serviced luxury footprints found at premium peers like St. Regis Residences Toronto ($9.41 per square foot across 1,032 square feet) or Living Shangri-La Toronto ($7.17 per square foot across 990 square feet). Compared to compact early-2000s stock like the Graphic Arts Building ($4.32 per square foot across 568 square feet) and Five Condos ($4.18 per square foot across 550 square feet), INDX delivers slightly larger interior square footage at comparable core price points.

INDX delivers a comprehensive lifestyle and amenity profile featuring a concierge and security, a gym and fitness centre, a yoga studio, and a rooftop terrace, positioning it strongly against nearby vertical alternatives. When compared against regional peers, INDX matches or exceeds standard wellness offerings found at the Graphic Arts Building, which provides a concierge and security and a rooftop terrace, while Five Condos supplies no listed building amenities in the current dataset. Conversely, ultra-luxury competitors like St. Regis Residences Toronto and Living Shangri-La Toronto provide specialized elite offerings such as indoor pools, hot tubs, saunas, shuttle or butler services, and on-site spas that exceed INDX's standard urban package. These offerings make INDX best suited for young professionals and downtown corporate occupiers seeking robust fitness and social amenities without luxury-tier building maintenance fee burdens.