Allegra - II — Rental Market Data

Allegra - II has three units actively listed as of August 31, 2026, with asking rents ranging from $2,250 to $2,999 per month, an average of $2,716 and a median of $2,900. The active inventory averages 817 square feet at a blended asking rate of $3.43 per square foot. Two of the three listings are two-bedroom executive layouts, meaning current availability leans toward larger multi-bedroom suites rather than compact entry-level one-bedrooms.

The dominant active layout at Allegra - II is the two-bedroom, with two units representing 66.7 percent of available inventory at an average asking rent of $2,950 per month across 950 square feet and a rate of $3.10 per square foot. The remaining one-bedroom listing accounts for 33.3 percent of active stock, asking $2,250 per month for 550 square feet at $4.09 per square foot. Renter choice is limited to one unit in each tier, so competition for either layout will be direct.

Allegra - II's active asking rents span from $2,250 to $2,999 per month, a $749 spread representing 33.3 percent of the entry price point. The median asking rent sits at $2,900 per month, pulled upward by the two larger two-bedroom units. The entry-level suite is a one-bedroom at 550 square feet priced at $4.09 per square foot, while the peak listing is a two-bedroom at 950 square feet carrying a rate of $3.16 per square foot, illustrating how the larger footprint compresses the per-square-foot cost despite the higher nominal rent.

Den premiums and marginal per-square-foot costs for additional den space at Allegra - II cannot be reliably quantified from the current active sample. Parking stall costs are similarly unconfirmed; the available data reflects an unreliable outlier or insufficient paired sample, so no specific monthly parking fee can be quoted with confidence. Renters should request a written parking addendum directly from the leasing office before signing a lease.

Allegra - II's active asking average of $2,716 per month exceeds the Woodbridge submarket asking benchmark of $2,517, yet the building's rate of $3.43 per square foot undercuts the submarket asking rate of $3.53 per square foot by 2.8 percent. The nominal rent premium is explained by suite size: active listings average 817 square feet versus the smaller units that anchor the submarket average. Allegra - II accounts for three out of 23 available listings in the Woodbridge submarket, a 13 percent share of current rental inventory.

Allegra - II's average realized lease rent of $2,100 per month sits $628 below the four-comparable benchmark of $2,728, a gap driven primarily by the subject's 650-square-foot average suite versus the comp average of 852 square feet. Allegra I at 24 Woodstream Blvd (0.01 km, 2 closed leases) averaged $2,875 per month at $3.57 per square foot across 800 square feet, placing the subject $775 lower in nominal rent. Volare Condominiums at 7730 Kipling Ave (0.72 km, 3 closed leases) realized $2,773 per month at $3.20 per square foot over 900 square feet, a $673 spread in the subject's favour. Renaissance Court at Woodbridge Gates on 281 Woodbridge Ave (1.04 km, 6 closed leases) averaged $2,742 per month at $3.67 per square foot across 782 square feet, leaving the subject $642 lower. Villa Giardino at 7373 Martin Grove Road (1.04 km, 2 closed leases) closed at $2,523 per month, $2.75 per square foot, and 925 square feet, a $423 differential. All four competitors posted active lease volume, so each figure represents a realized transaction benchmark rather than an asking-price reference.

Allegra - II leases at $3.23 per square foot across 650 square feet, a rate that undercuts the comp average of $3.30 per square foot while delivering roughly 200 fewer interior square feet than the peer mean. Against Allegra I, the subject trades at a $0.34-per-square-foot (9.5%) discount and provides 150 fewer square feet, so the lower monthly rent reflects both a more competitive rate and a compact footprint. Versus Volare Condominiums, the subject commands a $0.03-per-square-foot (0.9%) premium yet still rents for $673 less per month because it provides 250 fewer square feet—the nominal rent gap is a function of interior scale, not a lower per-unit valuation. Renaissance Court at Woodbridge Gates presents the steepest rate contrast: the subject trades at a $0.44-per-square-foot (12.0%) discount and 132 fewer square feet, compounding the rent advantage on both axes. Villa Giardino shows the inverse pattern, where the subject commands a $0.48-per-square-foot (17.5%) premium but still rents $423 lower because it provides 275 fewer square feet, confirming that the smaller footprint is the dominant driver of the headline rent differential across this peer set.

Allegra - II offers a nine-item amenity suite—Concierge & Security, Gym & Fitness Centre, Sauna & Steam Room, Party & Lounge Room, Meeting Room, Media & Theatre Room, Games & Billiards Room, BBQ Area, and Rooftop Terrace—that is broadly competitive but differentiated in specific lifestyle categories against each named peer. Compared with Volare Condominiums, the subject adds a dedicated Media & Theatre Room while Volare offers a Garden & Courtyard the subject lacks. Against Renaissance Court at Woodbridge Gates, the subject provides a Rooftop Terrace and Media & Theatre Room that Renaissance does not carry, whereas Renaissance counters with a Hot Tub & Jacuzzi, Business Centre, and Garden & Courtyard. Villa Giardino includes a Library & Reading Room and Garden & Courtyard absent from Allegra - II, but the subject answers with a Sauna & Steam Room, Meeting Room, and Rooftop Terrace that Villa Giardino does not offer. The net effect is a wellness-and-entertainment-forward package—sauna, steam, theatre room, rooftop terrace, and games room—that best serves young professionals and small households in Woodbridge who prioritize indoor recreation, remote-work flexibility through the meeting room, and social programming over outdoor courtyard or aquatic features.