The Met — Rental Market Data

The Met features 7 active listings as of August 31, 2026, with asking prices ranging from $2,000 to $2,550 per month, averaging $2,343 per month and a median of $2,400 per month. Active suites average 627 square feet with a mean asking rate of $3.81 per square foot, and 2-Bedroom configurations dominate the available pool at a 42.9% inventory share. Overall, current active inventory provides a balanced distribution across compact entry-level options and multi-bedroom floor plans.

The dominant active layout at The Met is the 2-Bedroom tier, accounting for 3 active listings and a 42.9% inventory share with an average rent of $2,517 per month across an average of 650 square feet at $3.87 per square foot. Standard 1-Bedroom suites comprise 2 listings or a 28.6% share, asking an average of $2,050 per month for 510 square feet at $3.92 per square foot. Additionally, 1-Bedroom plus den configurations make up 2 listings or a 28.6% share, averaging $2,375 per month across 650 square feet at $3.65 per square foot.

The Met exhibits a minimum entry rent of $2,000 per month and a peak asking rent of $2,550 per month, yielding a dollar spread of $550 per month or a 27.5% percentage spread. Median asking rent sits at $2,400 per month. The entry-level option consists of a 1-Bedroom suite spanning 510 square feet priced at $3.92 per square foot, while the peak tier is anchored by a 2-Bedroom layout offering 649 square feet at $3.93 per square foot.

The Met requires an active den premium of $325 per month for an additional 140 square feet of interior space, equating to a marginal cost of $2.32 per square foot for the extra area. Active parking premium data cannot be reliably isolated due to an insufficient paired sample or anomalous outlier in current listings. Historical leased data indicates a verified parking add-on cost of $134 per month.

The Met commands an average asking rent of $2,343 per month at $3.81 per square foot, comparing to the wider Vaughan Metropolitan Centre submarket asking benchmark of $2,315 per month at $3.73 per square foot. Nominal monthly rent variances are closely aligned with submarket averages while reflecting compact suite footprints across available inventory. The building's asking rate per square foot outpaces the submarket benchmark by 2.1%, supported by the property's 7 active listings contributing to submarket inventory.

The Met averages $2,414 per month in lease rent, registering above the overall comp average of $2,242 per month when benchmarked against nearby properties such as Transit City East, Transit City 5 (TC5), and Transit City 4 (TC4). Transit City East (950 Portage Pkwy, 0.09 km away) records an average lease rent of $2,226 per month at $3.46 per square foot across 644 square feet. Transit City 5 (7890 Jane St, 0.09 km away) achieves an average lease rent of $2,315 per month at $3.70 per square foot across 632 square feet. Transit City 4 (1000 Portage Pkwy, 0.19 km away) posts an average lease rent of $2,184 per month at $3.93 per square foot across 565 square feet. The Millway (185 Millway Avenue / 20 Bent Tree Drive, 0.12 km away) completed in 2023 with 0 active listings in the trailing 180 days, so specific lease rates and square footages are currently unmeasured.

The Met establishes its value proposition by offering an average leased rate of $3.81 per square foot across an average suite size of 639 square feet, comparing favorably against the submarket average of $3.71 per square foot while providing more interior square footage than most immediate alternatives. Renters at The Met trade off building age in exchange for larger floor plan footprints—such as an average of 639 square feet versus Transit City 4's 565 square feet—while securing a competitive rate compared to TC4's $3.93 per square foot rate. While Transit City 4 charges a higher $3.93 per square foot for more compact layouts, The Met provides more interior square footage at a more moderate $3.81 per square foot. Meanwhile, Transit City East offers a lower rate of $3.46 per square foot across 644 square feet, and Transit City 5 matches The Met closely at $3.70 per square foot across 632 square feet.

The Met delivers a comprehensive lifestyle and amenity package that matches or exceeds the offerings found throughout the Vaughan Metropolitan Centre micro-market. The building features 15 signature amenities, anchored by a 24-hour Concierge & Security service, a fully equipped Gym & Fitness Centre, a dedicated Yoga Studio, an indulgent Hot Tub & Jacuzzi, and a relaxing Sauna & Steam Room. When compared against nearby peers like Transit City East—which provides standard amenities such as a gym, yoga studio, and golf simulator—The Met matches fitness demands while adding dedicated wellness spaces like its hot tub and sauna. Furthermore, compared to Transit City 4 and Transit City 5, which feature outdoor pools and squash courts, The Met focuses its lifestyle offering on extensive social and leisure spaces including a Party & Lounge Room, Media & Theatre Room, Games & Billiards Room, and an outdoor Children's Playground. This robust amenity mix particularly serves young professionals, couples, and small families seeking both active wellness facilities and comfortable communal gathering spaces.