Park Terraces at Valhalla Town Square - South Tower — Rental Market Data

Park Terraces at Valhalla Town Square – South Tower has three active listings as of August 31, 2026, with asking rents ranging from $2,200 to $2,900 per month, an average of $2,483, and a median of $2,350. The average suite size across these listings is 683 square feet at a blended asking rate of $3.67 per square foot. Each of the three available units occupies a distinct layout tier—one one-bedroom, one one-bedroom-plus-den, and one two-bedroom-plus-den—so no single configuration dominates the active inventory, and the mix skews toward compact entry-level and mid-size suites rather than large executive floor plans.

The active inventory at Park Terraces at Valhalla Town Square – South Tower is evenly split across three layout tiers, with one unit each in the one-bedroom, one-bedroom-plus-den, and two-bedroom-plus-den categories, each representing 33.3 percent of available listings. The one-bedroom (550 sq. ft., $2,200/mo, $4.00/sq. ft.) and one-bedroom-plus-den (750 sq. ft., $2,350/mo, $3.13/sq. ft.) both carry single-listing status, as does the two-bedroom-plus-den (750 sq. ft., $2,900/mo, $3.87/sq. ft.). Renters should note that every tier is a single transaction with no alternative units to compare within the same configuration.

Park Terraces at Valhalla Town Square – South Tower currently lists three units spanning a $700-per-month spread, from a minimum of $2,200 to a peak of $2,900, a 31.8 percent range. The median asking rent sits at $2,350 per month. The entry-level suite is a 550-square-foot one-bedroom at $4.00 per square foot, while the top-of-range unit is a 750-square-foot two-bedroom-plus-den at $3.87 per square foot, meaning the premium for the larger layout is driven more by bedroom count and den inclusion than by a steep per-square-foot markup.

At Park Terraces at Valhalla Town Square – South Tower, the active den premium is quantified at $150 per month for an additional 200 square feet of den space, translating to a marginal cost of $0.75 per square foot for the extra area. Parking stall premiums cannot be reliably isolated from the current data set due to an insufficient paired sample of listed units with and without parking, so no specific monthly parking figure can be quoted with confidence.

The three active listings at Park Terraces at Valhalla Town Square – South Tower average $2,483 per month at $3.67 per square foot, compared to the Etobicoke Centre submarket asking benchmark of $2,597 per month and $3.65 per square foot. The building's asking rent is nominally $114 below the submarket average, but its per-square-foot rate runs 0.5 percent above the submarket asking benchmark, a gap explained by the 683-square-foot average footprint being smaller than the submarket norm. The tower represents three out of 64 active listings in the Etobicoke Centre submarket, or roughly 4.7 percent of available inventory.

Park Terraces at Valhalla Town Square - South Tower realized an average lease rent of $2,618 per month over the past year, which is $271 higher than the four-comp benchmark of $2,347 and above every individual competitor in this immediate cluster. Thunderbird (One Valhalla - II) at 5 Valhalla Inn Rd, 0.07 km away, closed 13 leases at an average of $2,245 per month ($3.63 per square foot on 624 square feet); the subject commands $373 more per month. Triumph (One Valhalla - III) at 9 Valhalla Inn Rd, also 0.07 km, closed 12 leases averaging $2,291 ($3.67 per square foot on 642 square feet), with the subject $327 higher. One Valhalla at 1 Valhalla Inn Rd, 0.07 km, recorded 9 closed leases at $2,336 ($3.33 per square foot on 709 square feet), placing the subject $282 above. The North Tower at 26 Gibbs Rd, 0.08 km, closed 9 leases at $2,517 ($3.77 per square foot on 722 square feet), the closest comp, with the subject only $101 higher. All four competitors posted active closed-lease volume, so no zero-transaction reference adjustments apply.

Park Terraces at Valhalla Town Square - South Tower leases at $3.48 per square foot on an average 762-square-foot suite, a rate below the four-comp average of $3.60 per square foot and a footprint roughly 88 square feet larger than the comp mean of 674 square feet. Against Thunderbird (One Valhalla - II), the subject trades at a $0.15 per square foot (4.1%) discount while providing 138 more interior square feet, meaning the higher nominal rent is driven entirely by the larger interior footprint rather than a per-unit valuation premium. The same pattern holds with Triumph (One Valhalla - III): the subject offers a $0.19 per square foot (5.2%) discount and 120 additional square feet. One Valhalla is the exception on rate, where the subject commands a $0.15 per square foot (4.5%) premium, yet still delivers 53 more square feet, reflecting the older building's lower per-foot pricing. Versus the North Tower, the subject trades at a $0.29 per square foot (7.7%) discount with 40 more square feet, the widest rate gap in the set. In every pairing, the subject's higher monthly rent is a function of greater interior space, not a higher valuation per unit.

Park Terraces at Valhalla Town Square - South Tower offers an outdoor pool, sauna and steam room, fire pits, and a dedicated dog run—features that differentiate it from the three One Valhalla towers, which all rely on indoor pools and hot tubs rather than open-air aquatic or social spaces. Thunderbird (One Valhalla - II) and Triumph (One Valhalla - III) each provide indoor pools and jacuzzis but lack the outdoor pool, fire pits, and dog run found at the subject. One Valhalla at 1 Valhalla Inn Rd similarly offers an indoor pool and hot tub but omits the dog run entirely. The North Tower at 26 Gibbs Rd mirrors the subject's outdoor pool and fire-pit package and adds a pet wash station, making it the closest amenity match. The subject's combination of an outdoor pool, fire-pit social zones, a dog run, plus a full suite of gym, yoga studio, meeting room, media theatre, library, dining kitchen, and children's play areas targets young professional families and pet-owning renters who prioritize open-air recreation and flexible work-from-home spaces over the enclosed wellness rooms of the older One Valhalla buildings.