Park Glen II — Rental Market Data

Park Glen II has exactly one active listing as of August 31, 2026, asking $2,750 per month with both the average and median rent at that same figure. The available suite spans 900 square feet at an asking rate of $3.06 per square foot, and the 100 percent layout share is a two-bedroom configuration. With only a single unit on the market, inventory leans neither toward compact entry-level suites nor multi-bedroom executive layouts; it is a mid-size two-bedroom offering that sits well above the building's historical average lease size of 743 square feet.

The sole active layout at Park Glen II is a two-bedroom unit, representing 100 percent of available inventory with one listing at $2,750 per month. That single suite measures 900 square feet and carries an asking rate of $3.06 per square foot. No studio, one-bedroom, or three-bedroom units are currently listed, so renters seeking alternative bedroom configurations must look to the broader Richmond Hill submarket.

Park Glen II's active pricing spread is zero dollars and zero percent, as the minimum and maximum asking rents are identical at $2,750 per month. The median asking rent also sits at $2,750, confirming a single-transaction market with no range to negotiate across. The entry-level and peak suite are the same two-bedroom unit at 900 square feet and $3.06 per square foot, so there is no tier differentiation to evaluate within this building's current availability.

Den premium and square-footage delta figures for Park Glen II cannot be quantified from the current active sample, as the single listing does not provide a paired comparison to isolate the marginal cost of additional den space. Active parking stall premiums also cannot be reliably isolated from the available data, and no verified monthly parking add-on cost can be quoted for this building at this time.

Park Glen II's active asking rent of $2,750 per month and $3.06 per square foot both fall below the Richmond Hill submarket asking benchmarks of $2,800 per month and $3.82 per square foot, placing the building approximately 20 percent under the submarket rate on a per-square-foot basis. The nominal rent is slightly lower than the submarket average despite the active suite being 167 square feet larger than the submarket implied average of 733 square feet, confirming that the building trades at a meaningful per-square-foot discount. Park Glen II accounts for one out of 94 available listings in the Richmond Hill submarket, representing roughly 1 percent of total active inventory.

Park Glen II's average realized lease rent of $2,457 per month sits $84 below the four-comp benchmark of $2,541 per month, placing it in the lower half of the immediate Oneida Crescent corridor. Against Park Glen I at 23 Oneida Crescent (0.01 km, 8 closed leases, $2,459 per month, $3.29 per square foot, 750 sq ft), the subject trades at a $2-per-month lower rent—essentially parity. Premier at 39 Oneida Crescent (0.12 km, 5 closed leases, $2,160 per month, $3.68 per square foot, 590 sq ft) realizes a rent $297 per month lower than the subject, reflecting its significantly smaller suite footprint. SkyCity Tower One at 55 Oneida Crescent (0.18 km, 12 closed leases, $2,838 per month, $3.50 per square foot, 820 sq ft) commands a rent $381 per month higher than the subject, and SkyCity Tower Two at 65 Oneida Crescent (0.24 km, 7 closed leases, $2,707 per month, $3.46 per square foot, 800 sq ft) realizes a rent $250 per month higher. All four competitors recorded active lease transactions over the trailing 180 days, so each provides a realized pricing benchmark rather than a speculative reference.

Park Glen II leases at $3.42 per square foot for an average 743-square-foot suite, trading at a modest discount to the comp-set average of $3.48 per square foot while offering a footprint nearly identical to the 740-square-foot comp mean. Against Park Glen I, the subject commands a $0.13-per-square-foot (4.0%) premium over the comp's $3.29 rate while providing 7 fewer interior square feet, meaning the slightly smaller footprint is offset by a higher per-unit pricing. Versus Premier, the subject trades at a $0.26-per-square-foot (7.1%) discount below the comp's $3.68 rate but delivers 153 more interior square feet; the $297-per-month higher nominal rent is driven entirely by that expanded footprint rather than a per-unit valuation premium. Against SkyCity Tower One, the subject trades at a $0.08-per-square-foot (2.3%) discount while providing 77 fewer interior square feet, and against SkyCity Tower Two it trades at a $0.04-per-square-foot (1.2%) discount with 57 fewer interior square feet. In both SkyCity comparisons, the lower nominal rent and the per-square-foot discount move in the same direction, confirming that the subject's smaller suite size—not a weaker asset valuation—explains the rent gap.

Park Glen II offers a practical, convenience-oriented amenity package of 10 features—including a Business Centre, Car Wash Bay, Package Service, and Dry Cleaning—that distinguishes it from the wellness- and lifestyle-heavy profiles of its Oneida Crescent neighbours. The subject's Business Centre, Car Wash Bay, Package Service, and Dry Cleaning are absent from all four competitors, while Premier's Indoor Pool and Library & Reading Room, SkyCity Tower One's Yoga Studio, Sauna & Steam Room, Dining Room & Kitchen, and BBQ Area, and SkyCity Tower Two's Shared Laundry Room and Kitchen Mate Food Vending Machine have no direct equivalent at the subject. Park Glen I, the closest peer, shares most core amenities (gym, party room, meeting room, games room, car wash) but adds a Media & Theatre Room and Recreation Room that the subject lacks. This amenity mix—anchored by on-site business services, vehicle care, and dry-cleaning convenience rather than aquatic or spa facilities—serves cost-conscious young professionals and small-business operators in Richmond Hill who value time-saving practical services over resort-style recreation and are willing to forgo pools, saunas, and yoga studios in exchange for a lower monthly rent and a streamlined, low-maintenance living environment.