The Gloucester on Yonge — Rental Market Data

The Gloucester on Yonge has three active rental listings as of August 31, 2026, spanning $3,000 to $5,500 per month with an average and median asking rent of $4,250. The average suite size is 951 square feet at an asking rate of $4.49 per square foot. Two-thirds of the active inventory (66.7 percent) consists of 2-Bedroom + Den executive layouts, while the remaining third is a single compact 1-Bedroom + Den entry-level suite, meaning current availability leans decisively toward larger multi-bedroom configurations rather than starter one-bedrooms.

The dominant active layout at The Gloucester on Yonge is the 2-Bedroom + Den, with two units representing 66.7 percent of available inventory at an average asking rent of $4,875 per month across 1,100 square feet and a rate of $4.43 per square foot. The 1-Bedroom + Den tier holds one listing at 33.3 percent share, asking $3,000 per month for 652 square feet at $4.60 per square foot. Both tiers feature den configurations, and the two-bedroom offering provides a small selection rather than a single transaction.

The Gloucester on Yonge's active asking rents range from $3,000 to $5,500 per month, a $2,500 spread representing an 83.3 percent differential between the entry and peak units. The median asking rent sits at $4,250 per month. The entry-level suite is a 1-Bedroom + Den measuring 652 square feet at $4.60 per square foot, while the peak listing is a 2-Bedroom + Den at 1,100 square feet and $5.00 per square foot.

The Gloucester on Yonge does not have a quantified active den premium; the dollar amount and square-footage delta between den and non-den suites cannot be reliably isolated from the current three-unit sample. Similarly, active parking stall costs cannot be reliably quoted due to an insufficient paired sample of verified listings with and without parking. Renters should request individual parking add-on pricing directly from the leasing office for each specific unit.

The Gloucester on Yonge's average asking rent of $4,250 per month exceeds the Downtown Core submarket asking benchmark of $3,471 per month by roughly 22 percent, yet on a per-square-foot basis the building's $4.49 rate sits 1.5 percent below the submarket asking average of $4.56 per square foot. The nominal rent premium is driven by the larger average suite footprint of 951 square feet in current listings compared to the submarket norm, meaning renters are paying more in absolute dollars for materially more space. The building's three active units represent a small share of the broader market, accounting for 3 out of 224 available Downtown Core listings.

The Gloucester on Yonge's all-time average realized lease rent of $3,003 per month runs $176 above the four-comparable benchmark average of $2,827, with the gap driven primarily by its premium positioning against the two highest-volume peers. Five at 5 St Joseph Street (0.11 km, 41 closed leases) averaged $2,918 per month at $4.45 per square foot across 662-square-foot suites, meaning the subject commands a monthly rent $85 higher than this closest active competitor. Totem Condominium at 17 Dundonald Street (0.1 km, 21 closed leases) averaged $2,440 per month at $4.42 per square foot over 565 square feet, placing the subject $563 above that benchmark. Terrace Court at 19 Dundonald Street (0.11 km) recorded a single closed lease at $4,000 per month over 1,220 square feet, a limited sample that reflects a large-format suite rather than a true pricing signal; the subject trades $997 below that one-off figure. Gloucester Gate at 30 Gloucester Street (0.12 km, two closed leases) averaged $1,950 per month at $4.29 per square foot across 468 square feet, with the subject realizing $1,053 more per month against this 1970-era reference.

The Gloucester on Yonge leases at $4.85 per square foot over an average 629-square-foot footprint, a rate that commands a premium over every active nearby competitor while delivering a mid-range interior size relative to the 729-square-foot comp-set mean. Against Five (0.11 km, 41 closed leases), the subject trades at a $0.40 per square foot (9.0%) premium while providing 33 fewer interior square feet, so the modest $85 monthly rent gap reflects both a higher rate and a slightly tighter unit rather than a pure valuation premium. Versus Totem Condominium (0.1 km, 21 closed leases), the subject commands a $0.43 per square foot (9.7%) premium and provides 64 more interior square feet, meaning the $563 monthly rent differential is amplified by the larger footprint as well as the higher rate. Terrace Court (0.11 km, one closed lease) presents an outlier: the subject trades at a $1.57 per square foot (47.9%) premium over that 1985 building yet provides 591 fewer interior square feet, so the $997 lower nominal rent is entirely a function of the dramatically smaller suite size rather than weaker asset valuation. Gloucester Gate (0.12 km, two closed leases) shows the subject at a $0.56 per square foot (13.1%) premium with 161 more interior square feet, reinforcing that the subject's higher rent is underpinned by both rate and space advantage over the 1970s-era stock.

The Gloucester on Yonge fields a 13-item amenity suite that includes an outdoor pool, a dedicated yoga studio, a pet wash station, and a coffee bar—features that collectively set it apart from every nearby competitor and position it as the most lifestyle-complete residential offering in the Dundonald–Gloucester corridor. Five (5 St Joseph Street) offers an indoor pool, hot tub, and sauna but lacks a yoga studio, pet wash station, or coffee bar; Totem Condominium (17 Dundonald Street) provides a gym, BBQ area, and garden courtyard but no aquatic facility, no dedicated wellness studio, and no pet-specific services beyond shared common areas. Terrace Court (19 Dundonald Street) and Gloucester Gate (30 Gloucester Street) each carry a gym and party room but neither offers a pool, yoga space, or the subject's full-service concierge-and-coffee-bar combination; Gloucester Gate's dog run is a basic outdoor enclosure rather than the subject's in-building pet wash station. The subject's aquatic, wellness, remote-work (meeting room, library), and pet-care package is best suited to young professional renters aged 25–40 who prioritize a turnkey urban lifestyle—daily gym-and-yoga access, a rooftop terrace for socializing, and on-site pet grooming—without sacrificing the concierge security and dining-room convenience that define the Downtown Core's premium rental tier.