Emerald Park - West Tower — Rental Market Data

Emerald Park – West Tower has exactly one active listing as of August 31, 2026, asking $2,900 per month with no spread between minimum and maximum. The available suite measures 650 square feet at $4.46 per square foot, and the 100 percent layout share belongs to a one-bedroom-plus-den configuration. With only a single unit on the market, the inventory leans squarely toward a compact entry-level-plus-den profile rather than multi-bedroom executive layouts, and renters seeking alternatives must look to the broader North York City Centre submarket's 215 other active listings.

The dominant and sole active layout at Emerald Park – West Tower is the one-bedroom-plus-den, representing 100 percent of available inventory with a single listing. That unit asks $2,900 per month across 650 square feet at $4.46 per square foot, and no studio, two-bedroom, or three-bedroom tiers currently carry active listings. Renters interested in other bedroom configurations within this tower must monitor for new listings or turn to comparable buildings in the North York City Centre submarket.

Emerald Park – West Tower's single active listing sets both the minimum and maximum asking rent at $2,900 per month, producing a zero-dollar and zero-percent spread. The entry-level suite is a one-bedroom-plus-den at 650 square feet and $4.46 per square foot, which is also the peak suite in this case. With only one unit on the market, there is no internal price gradient to navigate; the asking rate sits $49 above the 90-day realized average of $2,851 per month.

Emerald Park – West Tower's active den premium and square-footage delta cannot be quantified from the current single-listing sample, so no reliable marginal cost per square foot for extra den space can be stated. Verified parking stall costs are likewise unquoted: the paired sample is insufficient to isolate a defensible monthly parking add-on, and no figure should be assumed. Renters should request a direct parking quote from the leasing office before committing to a lease.

Emerald Park – West Tower's active asking rate of $4.46 per square foot runs 16.1 percent above the North York City Centre submarket asking benchmark of $3.84 per square foot, while the nominal $2,900 monthly rent sits only 5.3 percent above the submarket average asking rent of $2,753. The per-square-foot premium is partly a function of the 650-square-foot active suite being more compact than the submarket's typical lease footprint, which inflates the rate even as the headline dollar figure remains close to market. The tower's one active listing represents roughly 0.5 percent of the submarket's 216 available units, making it a negligible share of total North York City Centre inventory.

Emerald Park – West Tower's all-time average realized lease rent of $2,862 per month exceeds the four-comp benchmark of $2,652 by $210, with every nearby competitor trading below the subject's nominal rent. Emerald Park – East Tower (9 Bogert Ave, 0.03 km) closed 24 leases at an average of $2,764 per month, $3.88 per square foot, and 721 square feet, placing the subject $98 higher. Spring at Gardens (23 Sheppard Ave E, 0.23 km) recorded 13 closed leases averaging $2,542 per month, $3.99 per square foot, and 648 square feet, a $320 gap in the subject's favour. Centre (2 Anndale Dr / 5 Sheppard Ave E, 0.24 km) closed 23 leases at $2,789 per month, $3.88 per square foot, and 729 square feet, leaving the subject $73 higher. Cosmo II (31 Bales Ave, 0.24 km) logged 11 closed leases at $2,511 per month, $3.70 per square foot, and 691 square feet, a $351 differential. All four competitors posted active lease transactions over the trailing 180 days, so each figure represents a realized rent benchmark rather than an asking-price reference.

Emerald Park – West Tower leases at $3.96 per square foot across an average 728-square-foot suite, positioning it above the comp average of $3.86 per square foot and 697 square feet while delivering more interior space than three of four nearby alternatives. Against Emerald Park – East Tower, the subject commands a $0.08 per square foot (2.1 percent) premium and provides 7 more interior square feet, a modest footprint advantage that supports the higher per-area rate. Versus Spring at Gardens, the subject trades at a $0.03 per square foot (0.8 percent) discount while providing 80 more interior square feet; the $320 higher nominal rent is therefore driven by the larger suite footprint rather than a per-unit-area premium, making the West Tower a space-for-value play against that 2010-era building. Against Centre, the subject commands a $0.08 per square foot (2.1 percent) premium but provides 1 fewer interior square foot, meaning the rate advantage is not offset by additional space. Compared with Cosmo II, the subject commands a $0.26 per square foot (7.0 percent) premium and provides 37 more interior square feet, reflecting both a newer construction cycle and a broader amenity package that justify the higher per-area pricing.

Emerald Park – West Tower offers a 14-feature lifestyle package that is materially broader than three of its four immediate competitors, distinguishing itself most clearly through its BBQ area, shared laundry room, and rooftop terrace. The East Tower, despite sharing the same 2015 build year and developer, omits the BBQ area entirely, while Spring at Gardens lacks both the shared laundry room and the rooftop terrace. Centre differentiates with an outdoor pool and EV charging station but forgoes the indoor pool and shared laundry room found at the West Tower. Cosmo II, the oldest building in the set (built 2006), carries only eight amenities and is missing the shared laundry room, BBQ area, dining room and kitchen, garden and courtyard, yoga studio, and rooftop terrace. The West Tower's combination of an indoor pool, hot tub, sauna and steam room, dedicated yoga studio, meeting room, games and billiards room, dining room and kitchen, BBQ area, rooftop terrace, and garden courtyard targets the professional renter demographic in North York City Centre who prioritizes on-site wellness, social entertaining, and remote-work flexibility without sacrificing interior square footage.