The Lexington — Rental Market Data

The Lexington has 3 active listings as of August 31, 2026, with a price range spanning from $1,900 to $2,500 per month, an average asking rent of $2,233 per month, and a median asking rent of $2,300 per month. Active suites feature an average size of 647 square feet and an average asking rate of $3.45 per square foot. The inventory is heavily concentrated in multi-room configurations, with 1-Bedroom plus Den layouts capturing a dominant 66.7 percent share of active availability.

The dominant active layout at The Lexington is the 1-Bedroom plus Den configuration, accounting for 2 active listings and a 66.7 percent inventory share. This tier commands an average rent of $2,400 per month across an average size of 650 square feet at $3.69 per square foot. Meanwhile, the standard 1-Bedroom tier provides 1 active listing representing a 33.3 percent share, asking an average of $1,900 per month across 640 square feet at $2.97 per square foot.

The Lexington records a minimum entry rent of $1,900 per month and a peak asking rent of $2,500 per month, creating a dollar spread of $600 or a 31.6 percent pricing variance. Median asking rent rests at $2,300 per month. The entry-level option consists of a 1-Bedroom suite spanning 640 square feet priced at $2.97 per square foot, while the peak tier features a 1-Bedroom plus Den suite spanning 650 square feet priced at $3.85 per square foot.

The Lexington features an active den premium of $500 per month for layouts offering a 10 square foot space increase. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, so parking fees remain inconclusive.

The Lexington asks an average rent of $2,233 per month at $3.45 per square foot, comparing to the Etobicoke North submarket asking benchmark of $2,416 per month at $3.35 per square foot. The lower nominal monthly outlay is balanced by a building asking rate per square foot that sits 3 percent above the submarket average, while the property accounts for 18.8 percent of active submarket inventory.

The Lexington achieves an average lease rent of $2,212 per month, which compares against an overall comp average of $2,328 per month across regional benchmarks including The Mansions of Humberwood II, The Mansions of Humberwood I, and King's Terrace. Individual competitor metrics show The Mansions of Humberwood II (700 Humberwood Blvd) reporting an average lease rent of $2,577 per month at $3.23 per square foot across an average of 808 square feet. The Mansions of Humberwood I (710 Humberwood Blvd) averages $2,483 per month at $3.08 per square foot across 822 square feet. King's Terrace (6 Humberline Dr) averages $1,925 per month at $2.96 per square foot across 650 square feet. Riverpark (600 Rexdale Blvd) operates as a mature 1989-built benchmark with 0 closed leases in the past 180 days.

The Lexington establishes its value proposition through modern construction efficiency, trading at an average leased rate of $3.51 per square foot across an average size of 637 square feet compared to submarket alternatives. Renters evaluate a clear trade-off between modern, efficient 2017-built layouts with contemporary finishes versus older, larger footprints found in competing mid-rise inventory. Specifically, tenants at The Mansions of Humberwood II (700 Humberwood Blvd) lease larger 808-square-foot floor plans at $3.23 per square foot, while residents at The Mansions of Humberwood I (710 Humberwood Blvd) occupy 822-square-foot units at $3.08 per square foot. King's Terrace (6 Humberline Dr) offers compact 650-square-foot suites at a lower rate of $2.96 per square foot, while Riverpark (600 Rexdale Blvd) provides a mature 1989-built alternative.

The Lexington delivers a streamlined, modern lifestyle profile featuring signature amenities such as Concierge & Security, a Gym & Fitness Centre, a Meeting Room, and a Party & Lounge Room. In contrast to older neighbouring properties like Riverpark, which includes extensive recreational features such as an Outdoor Pool, Tennis & Pickleball Court, Sauna & Steam Room, Car Wash Bay, and Pet Wash Station, The Lexington focuses its amenity package on core security and fitness essentials. Similarly, The Mansions of Humberwood II and The Mansions of Humberwood I offer elaborate resort-style spaces including Indoor Pools, Hot Tub & Jacuzzi, Tennis & Pickleball Courts, Games Rooms, and BBQ Areas. This curated amenity selection best serves young professionals and couples prioritizing modern building systems, streamlined common areas, and lower maintenance overhead over extensive recreational acreage.