diff --git a/proxy/core/event/metrics.py b/proxy/core/event/metrics.py
index ed2631a988..30a8b21a22 100644
--- a/proxy/core/event/metrics.py
+++ b/proxy/core/event/metrics.py
@@ -39,7 +39,7 @@ def incr_counter(self, name: str, by: float = 1.0) -> None:
 
     def _incr_counter(self, name: str, by: float = 1.0) -> None:
         current = self._get_counter(name)
-        path = os.path.join(DEFAULT_METRICS_DIRECTORY_PATH, f"{name}.counter")
+        path = os.path.join(DEFAULT_METRICS_DIRECTORY_PATH, f'{name}.counter')
         Path(path).write_text(str(current + by), encoding='utf-8')
 
     def get_gauge(self, name: str) -> float:
@@ -58,7 +58,7 @@ def set_gauge(self, name: str, value: float) -> None:
             self._set_gauge(name, value)
 
     def _set_gauge(self, name: str, value: float) -> None:
-        path = os.path.join(DEFAULT_METRICS_DIRECTORY_PATH, f"{name}.gauge")
+        path = os.path.join(DEFAULT_METRICS_DIRECTORY_PATH, f'{name}.gauge')
         with open(path, 'w', encoding='utf-8') as g:
             g.write(str(value))
 
@@ -77,24 +77,19 @@ def __init__(self, event_queue: EventQueue, metrics_lock: Lock) -> None:
             callback=lambda event: MetricsEventSubscriber.callback(self.storage, event),
         )
 
-    def _setup_metrics_directory(self) -> None:
-        os.makedirs(DEFAULT_METRICS_DIRECTORY_PATH, exist_ok=True)
-        patterns = ['*.counter', '*.gauge']
-        for pattern in patterns:
-            files = glob.glob(os.path.join(DEFAULT_METRICS_DIRECTORY_PATH, pattern))
-            for file_path in files:
-                try:
-                    os.remove(file_path)
-                except OSError as e:
-                    print(f'Error deleting file {file_path}: {e}')
-
-    def __enter__(self) -> 'MetricsEventSubscriber':
+    def setup(self) -> None:
         self._setup_metrics_directory()
         self.subscriber.setup()
+
+    def shutdown(self) -> None:
+        self.subscriber.shutdown()
+
+    def __enter__(self) -> 'MetricsEventSubscriber':
+        self.setup()
         return self
 
     def __exit__(self, *args: Any) -> None:
-        self.subscriber.shutdown()
+        self.shutdown()
 
     @staticmethod
     def callback(storage: MetricsStorage, event: Dict[str, Any]) -> None:
@@ -106,3 +101,14 @@ def callback(storage: MetricsStorage, event: Dict[str, Any]) -> None:
             storage.incr_counter('work_finished')
         else:
             print('Unhandled', event)
+
+    def _setup_metrics_directory(self) -> None:
+        os.makedirs(DEFAULT_METRICS_DIRECTORY_PATH, exist_ok=True)
+        patterns = ['*.counter', '*.gauge']
+        for pattern in patterns:
+            files = glob.glob(os.path.join(DEFAULT_METRICS_DIRECTORY_PATH, pattern))
+            for file_path in files:
+                try:
+                    os.remove(file_path)
+                except OSError as e:
+                    print(f'Error deleting file {file_path}: {e}')
diff --git a/proxy/proxy.py b/proxy/proxy.py
index 188cbd248f..3dbbc9377d 100644
--- a/proxy/proxy.py
+++ b/proxy/proxy.py
@@ -205,6 +205,7 @@ def __init__(self, input_args: Optional[List[str]] = None, **opts: Any) -> None:
         self.acceptors: Optional[AcceptorPool] = None
         self.event_manager: Optional[EventManager] = None
         self.ssh_tunnel_listener: Optional[BaseSshTunnelListener] = None
+        self.metrics_subscriber: Optional[MetricsEventSubscriber] = None
 
     def __enter__(self) -> 'Proxy':
         self.setup()
@@ -223,9 +224,6 @@ def setup(self) -> None:
         # TODO: Python shell within running proxy.py environment
         # https://github.com/abhinavsingh/proxy.py/discussions/1021
         #
-        # TODO: Near realtime resource / stats monitoring
-        # https://github.com/abhinavsingh/proxy.py/discussions/1023
-        #
         self._write_pid_file()
         # We setup listeners first because of flags.port override
         # in case of ephemeral port being used
@@ -288,6 +286,12 @@ def setup(self) -> None:
                 flags=self.flags,
                 **self.opts,
             )
+        if event_queue is not None and self.flags.enable_metrics:
+            self.metrics_subscriber = MetricsEventSubscriber(
+                event_queue,
+                self.flags.metrics_lock,
+            )
+            self.metrics_subscriber.setup()
         # TODO: May be close listener fd as we don't need it now
         if threading.current_thread() == threading.main_thread():
             self._register_signals()
@@ -310,6 +314,8 @@ def _setup_tunnel(
         return tunnel
 
     def shutdown(self) -> None:
+        if self.metrics_subscriber is not None:
+            self.metrics_subscriber.shutdown()
         if self.flags.enable_ssh_tunnel:
             assert self.ssh_tunnel_listener is not None
             self.ssh_tunnel_listener.shutdown()
@@ -389,12 +395,7 @@ def sleep_loop(p: Optional[Proxy] = None) -> None:
 
 def main(**opts: Any) -> None:
     with Proxy(sys.argv[1:], **opts) as p:
-        event_queue = p.event_manager.queue if p.event_manager is not None else None
-        if event_queue is not None and p.flags.enable_metrics:
-            with MetricsEventSubscriber(event_queue, p.flags.metrics_lock):
-                sleep_loop(p)
-        else:
-            sleep_loop(p)
+        sleep_loop(p)
 
 
 def entry_point() -> None: