Bayview Mansions II — Rental Market Data

Bayview Mansions II has three active rental listings as of August 31, 2026, spanning $2,200 to $3,890 per month with an average asking rent of $2,947 and a median of $2,750. The average active suite measures 650 square feet at an asking rate of $3.83 per square foot. Each of the three available units occupies a distinct layout tier—1-Bedroom, 1-Bedroom plus Den, and 3-Bedroom-plus—so inventory is evenly distributed across entry-level, mid-range, and executive configurations rather than concentrating in any single bedroom category.

No single layout dominates Bayview Mansions II's active inventory, as all three available units represent different bedroom tiers at 33.3 percent share each. The 1-Bedroom listing (1 unit) asks $2,200 per month for 550 square feet at $4.00 per square foot; the 1-Bedroom plus Den (1 unit) lists at $2,750 per month for 750 square feet at $3.67 per square foot; and the 3-Bedroom-plus (1 unit) is priced at $3,890 per month with square footage and per-square-foot rate not recorded in the current dataset.

Bayview Mansions II's three active listings span a $1,690 spread, from a $2,200 entry point to a $3,890 peak, representing a 76.8 percent range. The median asking rent sits at $2,750 per month. The entry-level suite is a 1-Bedroom of 550 square feet asking $4.00 per square foot, while the peak listing is a 3-Bedroom-plus unit at $3,890 per month with square footage and rate per square foot not yet recorded in the active dataset.

Bayview Mansions II's active den premium is quantified at $550 per month for an additional 200 square feet of den space, equating to a marginal cost of $2.75 per square foot for the extra room. Parking stall premiums cannot be reliably isolated for this building, as the paired sample of active listings with confirmed parking assignments is insufficient to produce a defensible figure.

Bayview Mansions II's average active asking rent of $2,947 per month exceeds the Willowdale submarket asking benchmark of $2,755 by roughly $192, while its $3.83 per square foot rate sits 7 percent below the submarket asking rate of $4.12 per square foot. The nominal rent premium is explained by the building's active inventory averaging 650 square feet versus the broader submarket's larger suite profiles, meaning tenants pay more in absolute dollars for a more compact footprint at a lower per-square-foot rate. Bayview Mansions II accounts for 3 out of 19 available listings in the Willowdale submarket, or approximately 16 percent of total active inventory.

Bayview Mansions II's all-time average realized lease rent of $3,325 per month exceeds the overall comp benchmark of $2,550 per month by $775, driven primarily by its significantly larger suite footprints rather than a higher per-square-foot valuation. Among active competitors, Bayview Mansions I at 2 Clairtrell Rd (0.07 km, 4 closed leases) realized an average of $2,833 per month at $4.64 per square foot across 663 square feet; Twenty One Clairtrell at 21 Clairtrell Rd (0.19 km, 5 closed leases) averaged $2,480 per month at $3.55 per square foot across 700 square feet; and Arc Condominiums at 2885 Bayview Ave (0.2 km, 19 closed leases) averaged $2,338 per month at $3.93 per square foot across 608 square feet. Hycrest Residences at 1 Hycrest Ave (0.18 km) recorded zero closed leases over the trailing 180 days and therefore carries no realized rent benchmark for direct comparison.

Bayview Mansions II leases at $3.56 per square foot across an average 941 square feet, positioning it below the $4.04 per-square-foot comp average and the $4.06 Willowdale submarket leased rate while delivering substantially more interior space than every active competitor. Against Bayview Mansions I (0.07 km), the subject trades at a $1.08 per-square-foot (23.3%) discount while providing 278 more interior square feet, meaning the $492-per-month higher rent is entirely a function of the larger footprint rather than a rate premium. Versus Twenty One Clairtrell (0.19 km), the subject commands a marginal $0.01 per-square-foot (0.3%) premium over the comp's $3.55 rate while still delivering 241 more square feet, making the $845-per-month rent differential almost entirely space-driven. Against Arc Condominiums (0.2 km), the subject offers a $0.37 per-square-foot (9.4%) discount below the comp's $3.93 rate and 333 more square feet, so the $987-per-month higher rent reflects the additional space at a lower unit cost. In every active comparison, the subject's higher nominal rent is explained by its larger interior footprint, not by a per-square-foot valuation advantage.

Bayview Mansions II offers a nine-feature amenity package—including concierge and security, gym and fitness centre, sauna and steam room, games and billiards room, library and reading room, party and lounge room, meeting room, rooftop terrace, and BBQ area—that is functional but not differentiated against its immediate peer set. Arc Condominiums (0.2 km) extends well beyond the subject with an indoor pool, hot tub and jacuzzi, dedicated yoga studio, business centre, media and theatre room, and dining room and kitchen; Bayview Mansions I (0.07 km) adds a dining room and kitchen plus a garden and courtyard that the subject lacks; and Twenty One Clairtrell (0.19 km) includes a pet wash station absent from the subject's roster. The subject's package is best suited to cost-conscious professionals and small households who prioritize generous interior square footage, a functional fitness and social amenity mix, and a lower per-square-foot rate over resort-style aquatic or wellness facilities.