Omni at the City Centre — Rental Market Data

Omni at the City Centre carries four active listings as of August 31, 2026, spanning $2,500 to $3,300 per month with an average asking rent of $2,900 and a median of $2,900. The active inventory averages 1,150 square feet at $2.52 per square foot, with the three-bedroom-plus layout commanding a 50 percent share of available units. Current listings lean toward multi-bedroom executive configurations rather than compact entry-level suites, as the two-bedroom tier and two-bedroom-plus-den tier each represent only a single unit.

The three-bedroom-plus layout dominates active inventory with two listings representing 50 percent of available units, averaging $3,200 per month across 1,200 square feet at $2.67 per square foot. The two-bedroom tier holds one listing at $2,500 per month for 1,100 square feet at $2.27 per square foot, while the two-bedroom-plus-den tier also carries a single unit at $2,700 per month for 1,100 square feet at $2.45 per square foot. Each of the two-bedroom categories reflects a single-listing sample, so renters should treat those pricing points as individual transactions rather than tier averages.

Omni at the City Centre shows an active asking range from $2,500 to $3,300 per month, an $800 spread representing 32 percent of the entry price. The median asking rent sits at $2,900 per month. The entry-level suite is a two-bedroom at 1,100 square feet priced at $2.27 per square foot, while the peak asking unit is a three-bedroom-plus at 1,200 square feet priced at $2.75 per square foot.

Active den premiums and square-footage deltas at Omni at the City Centre cannot be reliably quantified from the current paired sample, so no marginal cost per square foot for additional den space can be stated. Parking stall premiums are likewise inconclusive due to anomalous outliers or insufficient paired data in the active listing set, and no verified dollar figure per month can be quoted for a parking spot.

Omni at the City Centre asks an average of $2,900 per month at $2.52 per square foot, compared to the Scarborough City Centre submarket asking benchmark of $2,495 per month at $3.34 per square foot. The building's nominal rent runs $405 above the submarket average, but this variance resolves through suite size: active units average 1,150 square feet versus the smaller configurations implied by the submarket's higher per-square-foot rate, placing Omni at a 24.6 percent discount on a per-square-foot basis. The building accounts for four out of 74 available listings in the submarket, representing roughly 5.4 percent of total active inventory.

Omni at the City Centre's all-time average realized lease rent of $3,100 per month exceeds the four-comparable benchmark of $2,342 by $758, outperforming every nearby peer on nominal rent. Sterling Club (330 McCowan Rd, 0.01 km) closed 3 leases at an average of $2,750 per month, $2.47 per square foot, and 1,123 square feet; the subject commands $350 more per month than this closest competitor. Danforth Village Estates (1346 Danforth Rd, 0.98 km) closed 7 leases averaging $1,978 per month, $3.50 per square foot, and 579 square feet; the subject's rent is $1,122 higher, a gap almost entirely explained by the subject's 641 additional square feet. 20 Gilder Condos (20 Gilder Drive, 1.56 km) recorded a single closed lease at $2,200 per month, $2.00 per square foot, and 1,100 square feet; the subject trades $900 above that mark. Greystone Walk – Phase 1 (5 Greystone Walk Dr, 1.72 km) closed 5 leases at $2,440 per month, $2.79 per square foot, and 880 square feet; the subject's rent runs $660 higher. Every competitor in this set posted at least one closed lease transaction, so no zero-volume reference buildings dilute the comparison.

Omni at the City Centre leases at $2.55 per square foot for an average 1,220-square-foot suite, a rate below the four-comparable average of $2.69 per square foot and well under the submarket's $3.40 per square foot, while delivering materially more interior space than every nearby alternative. Against Sterling Club (0.01 km), the subject commands a $0.08 per square foot (3.2 percent) premium and provides 97 more square feet, so the higher $350 monthly rent reflects both a modest rate advantage and a larger footprint. Versus Danforth Village Estates (0.98 km), the subject trades at a $0.95 per square foot (27.1 percent) discount while supplying 641 additional square feet; the $1,122 nominal rent gap is a pure space differential, not an asset-valuation premium. Compared with 20 Gilder Condos (1.56 km), the subject commands a $0.55 per square foot (27.5 percent) premium and adds 120 square feet, justifying the $900 higher monthly figure through both rate and size. Against Greystone Walk – Phase 1 (1.72 km), the subject offers a $0.24 per square foot (8.6 percent) discount while providing 340 more square feet, meaning the $660 rent difference is again footprint-driven rather than a per-unit-rate advantage. In every pairing, the subject's larger interior area is the primary lever behind its higher nominal rent, and renters gain space without paying a proportional rate penalty.

Omni at the City Centre fields a nine-item lifestyle package—Concierge & Security, Gym & Fitness Centre, Indoor Pool, Sauna & Steam Room, Party & Lounge Room, Meeting Room, Games & Billiards Room, BBQ Area, and Dog Run—that overlaps heavily with its 1990s-era peers but differentiates on outdoor and pet-oriented features. The subject's BBQ Area and dedicated Dog Run do not appear in any of the four comparables, giving it a distinct outdoor-living and pet-friendly edge absent from Sterling Club (which instead offers a Rooftop Terrace, Squash & Racquetball Court, and Pet Wash Station), Danforth Village Estates (Rooftop Terrace, Library & Reading Room, Car Sharing), 20 Gilder Condos (Children's Playground), and Greystone Walk – Phase 1 (Outdoor Pool, Tennis & Pickleball Court, Hot Tub & Jacuzzi, Media & Theatre Room). The Indoor Pool and Sauna & Steam Room combination is shared with Sterling Club, 20 Gilder Condos, and Greystone Walk, so aquatic wellness is table stakes in this pocket; the subject's true differentiator is the ground-level social and pet infrastructure. This package best serves established professionals and small families who prioritize a private outdoor entertaining space, on-site dog access, and a full-service indoor pool-and-sauna routine without the premium associated with newer-build rooftop or court-sport amenities.