VÜ - North — Rental Market Data

VÜ - North has three active listings as of August 31, 2026, with asking rents ranging from $2,650 to $3,450 per month, an average of $3,100, and a median of $3,200. The average suite size is 783 square feet at an asking rate of $3.95 per square foot. Two-bedroom layouts dominate the active inventory at 66.7 percent of available units, while the remaining 33.3 percent is a single one-bedroom-plus-den suite, meaning current availability leans toward multi-bedroom executive layouts rather than compact entry-level options.

The dominant active layout at VÜ - North is the two-bedroom, with two units representing 66.7 percent of available inventory at an average asking rent of $3,325 per month across 800 square feet and a rate of $4.16 per square foot. The one-bedroom-plus-den tier accounts for the remaining 33.3 percent as a single listing at $2,650 per month, 750 square feet, and $3.53 per square foot. Renters seeking a den configuration face single-unit scarcity, while two-bedroom seekers have a small but workable selection to compare.

VÜ - North's active asking rents span from $2,650 to $3,450 per month, a dollar spread of $800 and a percentage spread of 30.2 percent. The median asking rent sits at $3,200 per month. The entry-level suite is a one-bedroom-plus-den at 750 square feet and $3.53 per square foot, while the peak asking unit is a two-bedroom at 850 square feet and $4.06 per square foot, reflecting both a larger footprint and a higher rate per square foot at the top of the range.

Den premiums at VÜ - North cannot be reliably quantified from the current active sample, as the one-bedroom-plus-den listing stands alone without a paired one-bedroom comparison to isolate the marginal cost of den space. Active parking stall premiums also cannot be reliably isolated due to an unreliable or insufficient paired sample, so renters should request individual parking quotes directly from the leasing office rather than relying on a standardized add-on figure.

VÜ - North's average asking rent of $3,100 per month exceeds the St. Lawrence submarket average of $2,934, but the building's asking rate of $3.95 per square foot sits 12.4 percent below the submarket benchmark of $4.51 per square foot. The higher nominal rent is driven by suite size: active units average 783 square feet, which is 132 square feet larger than the submarket implied average of 651 square feet, so renters are paying for additional living area rather than a premium rate. VÜ - North accounts for three out of 116 available listings in the St. Lawrence submarket, representing roughly 2.6 percent of total active inventory.

VÜ - North's all-time average realized lease rent of $2,225 per month sits $591 below the three-active-comp benchmark of $2,816, making it the lowest-priced building in its immediate cluster. VÜ - South at 112 George St (0.03 km, 8 closed leases) averaged $2,925 per month at $3.75 per square foot across 763 square feet, placing the subject $700 lower on a monthly basis. Post House Condominiums at 105 George St (0.08 km, 12 closed leases) averaged $2,523 per month at $4.30 per square foot across 594 square feet, a $298 gap in the subject's favour. The French Quarter I at 120 Lombard St (0.12 km, 11 closed leases) averaged $3,000 per month at $4.35 per square foot across 706 square feet, the widest spread at $775 above the subject. Square at 168 King St E (0.13 km) recorded zero closed leases over the trailing 180 days and therefore carries no realized rent benchmark against which to compare.

VÜ - North leases at $3.72 per square foot across an average 600-square-foot suite, trading at a discount below every active nearby competitor on a per-square-foot basis while offering a mid-range interior footprint. Against VÜ - South (763 sq ft, $3.75/sq ft), the subject trades at a $0.03 per square foot (0.8 percent) discount and provides 163 fewer interior square feet, meaning the lower nominal rent is driven primarily by the smaller suite envelope rather than a weaker per-unit valuation. Post House Condominiums (594 sq ft, $4.30/sq ft) presents a sharper contrast: the subject trades at a $0.58 per square foot (13.5 percent) discount yet actually provides 6 more interior square feet, so the renter gains both a larger footprint and a lower rate. The French Quarter I (706 sq ft, $4.35/sq ft) shows the subject at a $0.63 per square foot (14.5 percent) discount with 106 fewer interior square feet, again blending a smaller envelope with a lower rate. In every active pairing, the subject's lower monthly rent reflects a combination of reduced per-square-foot pricing and, in two of three cases, a smaller interior footprint rather than a pure asset-valuation gap.

VÜ - North offers a 13-feature amenity suite that is broadly comparable to its George Street and Lombard Street peers but distinguishes itself with a Library & Reading Room and a Garden & Courtyard that are absent from both VÜ - South and Post House Condominiums. VÜ - South counters with a Bocci Ball Court the subject does not carry, while Post House adds a Car Wash Bay and Car Share program unavailable at 116 George St. The French Quarter I, built in 2004, provides a slimmer seven-feature package lacking the subject's Gym & Fitness Centre, Sauna & Steam Room, Media & Theatre Room, Games & Billiards Room, Dining Room & Kitchen, and Yoga Studio. Square, the zero-volume reference at 168 King St E, includes a Hot Tub & Jacuzzi that no other building in this set offers. The subject's lifestyle package—spanning aquatic wellness (sauna and steam), dedicated fitness (gym and yoga studio), remote-work infrastructure (meeting room), social gathering (party lounge, dining room, games room), and outdoor living (rooftop terrace, BBQ area, garden courtyard)—best serves young professionals and small households in the St. Lawrence pocket who want a full-service urban lifestyle without the premium per-square-foot pricing of their larger-footprint neighbours.