The Avanti — Rental Market Data

The Avanti has one active listing as of August 31, 2026, asking $2,950 per month with both the average and median rent at that same figure. The available suite spans 955 square feet at an asking rate of $3.09 per square foot, and the entire active inventory consists of a single two-bedroom layout representing 100 percent of available units. With only one listing on the market, the building's current offering is a mid-sized two-bedroom rather than a compact entry-level suite or a multi-bedroom executive layout.

The sole active layout at The Avanti is the two-bedroom tier, with one listing accounting for 100 percent of available inventory at an average asking rent of $2,950 per month. That single unit measures 955 square feet and carries an asking rate of $3.09 per square foot. No one-bedroom or three-bedroom units are currently listed, making the two-bedroom the exclusive option for prospective renters at this address.

The Avanti's active pricing spread is effectively zero, with both the minimum and maximum asking rents at $2,950 per month across its single available listing. The median asking rent also lands at $2,950, reflecting the absence of any price differentiation within the current inventory. The entry-level and peak suite are the same unit: a 955-square-foot two-bedroom at $3.09 per square foot, so no tiered comparison between compact and premium layouts is possible at this time.

The Avanti's active den premium and associated square-footage delta cannot be quantified, as the building's single available listing does not provide a paired comparison between den and non-den configurations. Parking stall costs likewise cannot be reliably isolated from the current data, with the premium flagged as inconclusive due to an insufficient paired sample. Prospective renters should request a direct parking quote from the leasing office rather than relying on a published add-on figure.

The Avanti's active asking rent of $2,950 per month exceeds the Downsview submarket average asking rent of $2,472, yet its rate of $3.09 per square foot sits 20.2 percent below the submarket asking benchmark of $3.87 per square foot. The nominal rent premium is explained by the active suite's 955-square-foot footprint, which is substantially larger than the typical Downsview listing, making the per-square-foot cost the more meaningful comparison for renters. The Avanti represents one out of 97 total active listings in the Downsview submarket, a 1.0 percent share of available inventory.

The Avanti's average realized lease rent of $2,825 per month sits $517 above the overall comp benchmark of $2,308, driven by the building's larger average suite size rather than a per-square-foot premium. Residences on Sheppard at 778 Sheppard Ave W (0.05 km, one closed lease) averaged $2,400 per month at $2.82 per square foot across 850 square feet, placing The Avanti's realized rent $425 higher. Diva at 741 Sheppard Ave W (0.13 km, one closed lease) averaged $2,100 per month at $3.82 per square foot across 550 square feet, meaning The Avanti commands $725 more in nominal rent despite a smaller per-square-foot rate. Acclaim at 801 Sheppard Ave W (0.17 km, two closed leases) averaged $2,425 per month at $3.25 per square foot across 750 square feet, with The Avanti's rent running $400 higher. Ashlea Terrace at 800 Sheppard Ave W (0.14 km) recorded zero closed leases over the trailing 180 days and therefore has no realized rent benchmark to cite.

The Avanti offers 906 average interior square feet at $3.12 per square foot, a combination that undercuts the comp average rate of $3.30 per square foot while delivering roughly 189 more square feet than the 717-square-foot comp mean, making it the most space-efficient option in this immediate Sheppard pocket. Against Residences on Sheppard (850 sq ft, $2.82 per square foot), The Avanti commands a $0.30 per square foot (10.6%) premium and provides 56 more interior square feet, so the higher nominal rent reflects both a genuine rate premium and additional space. Against Diva (550 sq ft, $3.82 per square foot), The Avanti trades at a $0.70 per square foot (18.3%) discount while providing 356 more interior square feet; the $725 higher monthly rent is entirely a function of the larger footprint, not a per-unit valuation premium. Against Acclaim (750 sq ft, $3.25 per square foot), The Avanti trades at a $0.13 per square foot (4.0%) discount and provides 156 more interior square feet, again showing that the nominal rent gap is driven by the additional interior area rather than a rate markup. In every active comparison, The Avanti's higher monthly rent is explained by its larger suite dimensions, and in two of three cases the per-square-foot rate is actually lower than the competitor's.

The Avanti fields an eight-feature amenity suite—Concierge & Security, Gym & Fitness Centre, Sauna & Steam Room, Party & Lounge Room, Meeting Room, Games & Billiards Room, BBQ Area, and Rooftop Terrace—that is the most comprehensive in this four-building cluster. The Games & Billiards Room is absent from both Diva and Acclaim, while the Rooftop Terrace is missing from Residences on Sheppard and Acclaim. The Meeting Room does not appear in Diva's or Ashlea Terrace's amenity lists, and the Sauna & Steam Room is unavailable at Residences on Sheppard and Acclaim. Acclaim, by contrast, offers only four features (Party & Lounge Room, Meeting Room, BBQ Area, Pet Wash Station) and lacks a gym, concierge, sauna, games room, or rooftop space entirely. The Avanti's full-service lifestyle package—spanning wellness (sauna, gym), social (party room, billiards, rooftop terrace), and professional (meeting room, concierge)—best serves the 25-to-45 professional renter who wants a turnkey residential experience with on-site fitness, remote-work flexibility, and weekend social space without leaving the building.