Westmount Boutique Residences — Rental Market Data

Westmount Boutique Residences carries four active listings as of August 31, 2026, with asking rents ranging from $2,850 to $3,100 per month, an average of $3,000 per month, and a median of $3,025 per month. The average suite measures 822 square feet at an asking rate of $3.66 per square foot. All four available units are two-bedroom layouts, accounting for 100 percent of current inventory, meaning the building's active availability is entirely concentrated in multi-bedroom executive suites rather than compact entry-level one-bedrooms.

The two-bedroom layout is the sole active configuration at Westmount Boutique Residences, with all four listings representing 100 percent of available inventory. Each two-bedroom unit averages $3,000 per month across 822 square feet at $3.66 per square foot, with a median asking rent of $3,025 per month. No one-bedroom, studio, or three-bedroom units are currently listed for lease.

Westmount Boutique Residences offers active availability between $2,850 and $3,100 per month, a dollar spread of $250 and a percentage spread of 8.8 percent. The median asking rent sits at $3,025 per month. The entry-level option is a two-bedroom suite of 850 square feet priced at $3.35 per square foot, while the peak listing is also a two-bedroom of 850 square feet at $3.65 per square foot, indicating that the price differential within the current inventory is driven by unit-specific features and floor placement rather than size variation.

Westmount Boutique Residences does not currently have a quantified den premium, as no active listings include a den configuration to establish a square-footage delta or marginal cost per square foot. Parking stall premiums also cannot be reliably isolated from the current four-listing sample, and historical lease data does not provide a verified paired parking benchmark. Renters should request individual parking and den pricing directly from the leasing office for each specific unit.

Westmount Boutique Residences asks an average of $3,000 per month at $3.66 per square foot, compared to the Downsview submarket asking benchmark of $2,472 per month at $3.87 per square foot. The building's higher nominal monthly rent is driven by its larger average suite size of 822 square feet rather than a premium unit price, as the per-square-foot rate runs 5.4 percent below the submarket asking average. Westmount Boutique Residences accounts for four of the 97 active listings in the Downsview submarket, representing approximately 4.1 percent of total neighborhood availability.

Westmount Boutique Residences leases at an average of $2,686 per month, which is $165 above the four-comparable average of $2,521 and positions it between the lower-priced Diva and the higher-priced Portrait and Avanti. Portrait Condominiums at 701 Sheppard Ave W averages $2,759 per month at $3.33 per square foot for 850 square feet; The Avanti at 760 Sheppard Ave W averages $2,825 per month at $3.12 per square foot for 906 square feet; Diva at 741 Sheppard Ave W averages $2,100 per month at $3.82 per square foot for 550 square feet; and Residences on Sheppard at 778 Sheppard Ave W averages $2,400 per month at $2.82 per square foot for 850 square feet. The subject's $2,686 rent therefore undercuts both Portrait and The Avanti by $73 and $139 respectively, while commanding a $586 premium over Diva's compact 550-square-foot suites.

Westmount Boutique Residences trades at $3.49 per square foot for an average 785-square-foot suite, a rate that sits above the comp average of $3.27 per square foot but below the submarket leased benchmark of $3.77 per square foot. Against Portrait Condominiums (850 sq ft at $3.33/sf), the subject offers 65 fewer square feet at a $0.16-per-square-foot premium; against The Avanti (906 sq ft at $3.12/sf), it provides 121 fewer square feet at a $0.37-per-square-foot premium; and against Residences on Sheppard (850 sq ft at $2.82/sf), it delivers 65 fewer square feet at a $0.67-per-square-foot premium. The one exception is Diva, where the subject actually provides 235 more square feet than Diva's 550-square-foot average while trading at a $0.33-per-square-foot discount, making it the clear value play for renters who prioritise interior space over rooftop or social amenities.

Westmount Boutique Residences differentiates itself in the Sheppard corridor through practical, in-building convenience features that none of its four direct competitors offer. Where Portrait Condominiums, The Avanti, and Residences on Sheppard all include a Games & Billiards Room, the subject instead provides a Shared Laundry Room and On-Site Retail—two amenities absent from every comparable's list. Portrait also markets a Pet Wash Station, Yoga Studio, and Dining Room & Kitchen that the subject does not carry, while The Avanti and Residences on Sheppard each include a Meeting Room that the subject lacks. In exchange, the subject's 2025 construction, Garden & Courtyard, BBQ Area, and Party & Lounge Room deliver a fresh, low-maintenance lifestyle package best suited to young professionals and small households who value in-building retail access, on-site laundry, and modern finishes over expansive social or pet-focused amenity suites.