Universal City East — Rental Market Data

Universal City East lists 2 active units as of August 31, 2026, offering a price range of $2,250 to $3,500 per month, an average asking rent of $2,875 per month, and a median asking rent of $2,875 per month. Active inventory averages 814 square feet with an asking rate of $3.57 per square foot. The 1-Bedroom layout captures a dominant active share of 50 percent, reflecting an inventory split between compact entry-level suites and multi-bedroom executive layouts.

The 1-Bedroom configuration stands as the dominant active layout at Universal City East, accounting for 1 listing and a 50 percent share of current availability at an average rent of $2,250 per month across 605 square feet for $3.72 per square foot. The remaining active inventory consists of the 3-Bedroom+ tier, which represents 1 listing and a 50 percent share of inventory with an average rent of $3,500 per month across 1,022 square feet for $3.42 per square foot.

Universal City East maintains a minimum entry rent of $2,250 per month and a peak asking rent of $3,500 per month, creating a dollar spread of $1,250 per month and a percentage spread of 55.6 percent. Median asking rent rests at $2,875 per month across the building's active listings. The entry-level option consists of a 1-Bedroom suite spanning 605 square feet priced at $3.72 per square foot, whereas the peak suite is a 3-Bedroom+ layout spanning 1,022 square feet priced at $3.42 per square foot.

Active den premium data for Universal City East cannot be reliably isolated due to an insufficient sample size of active listings with den configurations. Parking premium data for active listings cannot be reliably isolated due to an anomalous outlier or insufficient paired sample. Verified historical leases show parking stalls leasing at an average premium of $329 per month.

Universal City East asks an average rent of $2,875 per month at $3.57 per square foot, compared to the Pickering submarket asking benchmark of $2,542 per month at $3.58 per square foot. The building's higher nominal monthly asking rent is driven by larger average suite sizing rather than inflated unit pricing, operating at a marginal 0.3 percent discount on square foot asking rates while representing active market share.

Universal City East commands an average asking rent of $2,875 per month, sitting above the overall comparable average lease rent of $2,750 per month across established local benchmarks like Discovery Place I, Millennium I, and Liberty at Discovery Place. Discovery Place I at 1890 Valley Farm Rd achieved an average lease rent of $2,600 per month at $2.74 per square foot across an average of 950 square feet. Millennium I at 1000 The Esplanade N recorded an average lease rent of $2,750 per month at $3.05 per square foot across an average of 917 square feet. Liberty at Discovery Place at 1200 The Esplanade N reported an average lease rent of $2,900 per month at $3.05 per square foot across an average of 950 square feet, while Discovery Place II at 1880 Valley Farm Rd maintains active status with zero closed leases in the past 180 days.

Universal City East positions its value proposition on modern build quality and functional efficiency, trading at an average asking rate of $3.57 per square foot across an average suite size of 814 square feet compared to broader submarket benchmarks. Renters at Universal City East trade away older, larger square footage found in buildings like Discovery Place I (which averages 950 square feet at $2.74 per square foot) and Millennium I (which averages 917 square feet at $3.05 per square foot) in exchange for contemporary finishes, lower utility burdens, and updated mechanical systems.

Universal City East delivers a modern lifestyle and amenity package that outpaces older neighbouring towers with contemporary wellness and remote-work spaces tailored to today's renters. The building features signature amenities including an outdoor pool, a dedicated yoga studio, a spin studio, a pet wash station, and a content creation studio, contrasting sharply with the traditional tennis courts, squash courts, and indoor pools found at Discovery Place I and Discovery Place II. This extensive lifestyle offering best serves young professionals and couples seeking contemporary shared spaces and fitness facilities without leaving the building.