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Market Data as of August 31, 2026

The Yorkdale - Building B — Rental Market Data

120 Varna Dr, North York, Ontario M6A 0B3
Quick Rent Estimate
Active Suites6 Available
Type
Units
Avg Rent
1-Bedroom
3
$2,100
2-Bedroom
2
$2,325
2-Bedroom + Den
1
$2,400

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2022
Total Suites306
DeveloperContext Development Inc. & Metropia

The Yorkdale - Building B at 120 Varna Dr in the Yorkdale neighborhood of North York, completed in 2022 by Context Development Inc. & Metropia, features 306 total suites with 6 active listings yielding a 2% availability rate and an average of 32 days on market. Recent leasing velocity recorded 2 closed transactions over the past 30 days with an average of 21 days on market, alongside 11 closed transactions over the past 90 days with an average of 41 days on market.

Active asking rents average $2,225 per month at $4.46 per square foot across an average of 525 square feet, comparing with historical 90-day realized leases averaging $2,282 per month at $3.95 per square foot across 609 square feet. Current active inventory features more compact layouts than past leases, and the building's active asking rate of $4.46 per square foot stands above the broader submarket asking benchmark of $4.12 per square foot.

Closed listings spent an average of 41 days on market compared to 37 days for unrented units, with 62.5% of recent leases closing below asking for an average tenant discount of 3.67%. Active inventory offers a limited selection across 1-Bedroom, 2-Bedroom, and 2-Bedroom + Den tiers.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at The Yorkdale - Building B as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units6
+3 (100.0%)
Avg Asking Rent$2,225
-$108 (4.6%)
Avg Suite Size525 sf
-42 sf (7.4%)
Avg Days on Market32d
-15d (32.1%)
Avg Asking $/SF$4.46
+$0.16 (3.8%)

Active Market Insights & Questions

How has rental availability changed at The Yorkdale - Building B recently?

The Yorkdale - Building B currently maintains 6 active listings as of August 31, 2026, with asking rents spanning from $2,050 to $2,400 per month, an average asking rent of $2,225 per month, and a median asking rent of $2,200 per month. Active suites average 525 square feet with an asking rate of $4.46 per square foot. The inventory is led by 1-Bedroom layouts capturing a 50% share, indicating that current availability leans toward more compact entry-level footprints.

What floor plans and unit layouts are currently available at The Yorkdale - Building B?

The dominant active layout at The Yorkdale - Building B is the 1-Bedroom, accounting for 3 active listings and a 50% inventory share with an average rent of $2,100 per month across an average of 400 square feet at $5.25 per square foot. The 2-Bedroom tier provides 2 active listings representing a 33.3% share, averaging $2,325 per month across 600 square feet at $3.89 per square foot. Rounding out the selection, the single 2-Bedroom + Den listing represents a 16.7% share, asking $2,400 per month across 750 square feet at $3.20 per square foot.

What is the average asking rent and $/SF by suite size at The Yorkdale - Building B?

The Yorkdale - Building B displays a minimum entry rent of $2,050 per month and a peak asking rent of $2,400 per month, creating a dollar spread of $350 per month and a percentage spread of 17.1%. Median asking rent sits at $2,200 per month. The entry-level suite consists of a 1-Bedroom unit spanning 400 square feet at $5.13 per square foot, while the peak suite is a 2-Bedroom + Den spanning 750 square feet at $3.20 per square foot.

How much extra do parking spaces and dens cost at The Yorkdale - Building B?

Active den premium data for The Yorkdale - Building B cannot be isolated due to lack of direct paired floor plans. Active parking premium data cannot be reliably isolated from current listings due to an insufficient sample or anomalous outliers.

How do asking rents at The Yorkdale - Building B compare to local and municipal benchmarks?

The Yorkdale - Building B asks an average of $2,225 per month at $4.46 per square foot, which compares to the broader Yorkdale submarket average asking rent of $2,554 per month at $4.12 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot tracks 8.3% above the submarket asking benchmark while representing 15.4% of active submarket inventory.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at The Yorkdale - Building B (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,400
Avg Leased Size609 sf
Avg Days to Lease21d
Leased $/SF$3.69

Leased Transaction Insights & Questions

How many suites were leased at The Yorkdale - Building B last month, and how fast did they rent?

At The Yorkdale - Building B, the 30-day average days on market is 21 days with a 90-day average of 41 days, outperforming the broader Yorkdale submarket benchmark days on market of 31 days. Leasing turnover accelerated heading into the summer months, with 2 closed leases recorded over the past 30 days, 11 transactions over the past 90 days, and 16 total leases tracked across the entire yearly lifecycle.

What is the negotiation spread between asking rents and closed lease prices at The Yorkdale - Building B?

At The Yorkdale - Building B, net negotiations resulted in an average tenant discount of $86 per month, representing a 3.67% reduction from asking prices and yielding annual tenant savings of $1,032 per year. Approximately 62.5% of all closed leases successfully negotiated rates below original asking figures, illustrating clear tenant pricing leverage and landlord leasing concessions across the building.

What are typical executed lease prices across different layouts at The Yorkdale - Building B?

The highest-volume anchor layouts at The Yorkdale - Building B are the 2-Bedroom and 1-Bedroom tiers, with 2-Bedroom units averaging $2,420 per month over 36 days on market. The 2-Bedroom tier recorded 10 closed leases (average rent of $2,420 per month, median rent of $2,400 per month, P25-P75 range of $2,400 to $2,500 per month, average size of 670 square feet, $3.65 per square foot, 36 days on market). The 1-Bedroom tier recorded 4 closed leases (average rent of $2,006 per month, median rent of $2,000 per month, P25-P75 range of $1,994 to $2,012 per month, average size of 513 square feet, $3.99 per square foot, 40 days on market; note that this represents a small sample size). The 1-Bedroom + Den tier represents an individual single transaction with 1 closed lease averaging $2,225 per month, median rent of $2,225 per month, P25-P75 range of $2,225 to $2,225 per month, average size of 586 square feet, $3.80 per square foot, and 34 days on market (note that this represents an individual transaction rather than a broad statistical benchmark). The Studio tier represents an individual single transaction with 1 closed lease averaging $1,950 per month, median rent of $1,950 per month, P25-P75 range of $1,950 to $1,950 per month, average size of 400 square feet, $4.88 per square foot, and 52 days on market (note that this represents an individual transaction rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at The Yorkdale - Building B?

At The Yorkdale - Building B, verified realized parking added a premium of $92 per month to closed lease agreements where parking was bundled. Active asking parking rates remained inconclusive due to insufficient paired sample data, meaning parking premiums could not be reliably isolated for unrented inventory.

How does the lease-to-listing ratio at The Yorkdale - Building B reflect current tenant demand?

At The Yorkdale - Building B, overall monthly average rents moved from $2,250 per month in April to a peak of $2,400 per month in August. In April 2026, 3 deals closed at an average rent of $2,250 per month ($3.35 per square foot, 35 days on market). In May 2026, 2 deals closed at an average rent of $2,275 per month ($3.79 per square foot, 24 days on market). In June 2026, 6 deals closed at an average rent of $2,192 per month ($4.07 per square foot, 44 days on market). In July 2026, 3 deals closed at an average rent of $2,383 per month ($3.89 per square foot, 49 days on market). In August 2026, 2 deals closed at an average rent of $2,400 per month ($3.69 per square foot, 21 days on market).

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at The Yorkdale - Building B (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,200
Avg Suite Size400 sf
Avg Days on Market37d
Delisted $/SF$5.50

De-Listed Market Analysis & Questions

How many listings de-listed at The Yorkdale - Building B, and what was their re-listing price compared to previous asking?

At The Yorkdale - Building B, a total of 1 unit was delisted, representing a delisted-to-leased ratio of 50% relative to historical leasing volume. This single delisted event consisted entirely of 1 terminated listing, with zero expired or suspended listings. This reflects a healthy market conversion rate where roughly 1 listing was pulled for every 2 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at The Yorkdale - Building B?

At The Yorkdale - Building B, unrented units asked an average of $2,200 per month, which was $200 per month below realized lease averages nominally due to smaller average floor plans, but commanded a higher rate per square foot ($5.50 per square foot vs $3.82 per square foot), demonstrating that prospective tenants rejected high density $/sq. ft. pricing.

What market friction causes rental listings to stall or de-list at The Yorkdale - Building B?

At The Yorkdale - Building B, delisted units averaged 37 days on market compared to 38 days on market for realized leases. The modest excess marketing duration of 16 days generated minimal leasing friction, avoiding significant carrying costs in lost rental income or ongoing condo maintenance fees.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27821875384.1817
2026-04-28821875384.1818
2026-04-29821875384.1819
2026-04-30822445504.1918
2026-05-01822445504.1919
2026-05-02822445504.1920
2026-05-03822445504.1921
2026-05-04921975264.3119
2026-05-051022175394.2518
2026-05-06922085374.2516
2026-05-07922085374.2517
2026-05-08922085374.2518
2026-05-09922085374.2519
2026-05-10922085374.2520
2026-05-11922085374.2521
2026-05-12922085374.2522
2026-05-13922085374.2523
2026-05-14922085374.2524
2026-05-15822095364.2923
2026-05-16822095364.2924
2026-05-17822095364.2925
2026-05-18822095364.2926
2026-05-19822095364.2927
2026-05-20822095364.2928
2026-05-21822095364.2929
2026-05-22822095364.2930
2026-05-23822095364.2931
2026-05-24822095364.2932
2026-05-25822095364.2933
2026-05-26822095364.2934
2026-05-27822095364.2935
2026-05-28822095364.2936
2026-05-29822095364.2937
2026-05-30822095364.2938
2026-05-31822095364.2939
2026-06-01822095364.2940
2026-06-02822095364.2941
2026-06-03822095364.2942
2026-06-04822095364.2943
2026-06-05922315374.3039
2026-06-06822535364.3739
2026-06-07722575294.4540
2026-06-08622755504.2939
2026-06-09523005804.0841
2026-06-10523005804.0842
2026-06-11422755634.1738
2026-06-12424006503.7326
2026-06-13424006503.7327
2026-06-14424006503.7328
2026-06-15424006503.7329
2026-06-16424006503.7330
2026-06-17424006503.7331
2026-06-18424006503.7332
2026-06-19424006503.7333
2026-06-20424006503.7334
2026-06-21424006503.7335
2026-06-22424006503.7336
2026-06-23424006503.7337
2026-06-24424006503.7338
2026-06-25424006503.7339
2026-06-26323336173.8149
2026-06-27323336173.8150
2026-06-28323336173.8151
2026-06-29323336173.8152
2026-06-30323336173.8153
2026-07-01423005634.2440
2026-07-02423005634.2441
2026-07-03423005634.2442
2026-07-04423005634.2443
2026-07-05423005634.2444
2026-07-06423005634.2445
2026-07-07423005634.2446
2026-07-08523205804.1338
2026-07-09523205804.1339
2026-07-10523205804.1340
2026-07-11523205804.1341
2026-07-12523205804.1342
2026-07-13523205804.1343
2026-07-14423505634.3132
2026-07-15423505634.3133
2026-07-16423505634.3134
2026-07-17423505634.3135
2026-07-18423505634.3136
2026-07-19423505634.3137
2026-07-20523905804.2330
2026-07-21523905804.2331
2026-07-22523905804.2332
2026-07-23523905804.2333
2026-07-24423875884.2031
2026-07-25423875884.2032
2026-07-26423875884.2033
2026-07-27323335674.2943
2026-07-28323335674.2944
2026-07-29323335674.2945
2026-07-30323335674.2946
2026-07-31323335674.2947
2026-08-01323335674.2948
2026-08-02323335674.2949
2026-08-03323335674.2950
2026-08-04422625254.5038
2026-08-05422625254.5039
2026-08-06422625254.5040
2026-08-07222255254.4149
2026-08-08222255254.4150
2026-08-09222255254.4151
2026-08-10222255254.4152
2026-08-11222255254.4153
2026-08-12222255254.4154
2026-08-13222255254.4155
2026-08-14322335334.3037
2026-08-15322335334.3038
2026-08-16322335334.3039
2026-08-17422755634.1530
2026-08-18523006003.9625
2026-08-19523006003.9626
2026-08-20523006003.9627
2026-08-21523006003.9628
2026-08-22622675674.1824
2026-08-23622675674.1825
2026-08-24622675674.1826
2026-08-25722505434.3523
2026-08-26722505434.3524
2026-08-27722505434.3525
2026-08-28622255254.4629
2026-08-29622255254.4630
2026-08-30622255254.4631
2026-08-31622255254.4632

12-Month Market Dynamics & Trend Trajectory

The Yorkdale - Building B has achieved a total lifetime volume of 16 closed lease transactions since registration, establishing an overall average rent of $2,275 per month at $3.82 per square foot across an average suite size of 609 square feet and a lifetime average of 38 days on market. Tenant turnover has remained healthy, indicating steady absorption within the local Yorkdale rental pool. Pricing discipline in the building heavily favors prospective renters, with 62.5% of historical transactions closing below initial asking rents. Tenants secured an average monthly discount of $86, or 3.67% off asking, producing $1,032 in annual tenant savings and confirming a definitively tenant-favorable leasing environment.

Loading inventory data…

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-03125006503.854
2026-05-10120505503.7344
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-31119755503.5949
2026-06-07421445094.3451
2026-06-140N/AN/AN/AN/A
2026-06-21126007503.4714
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-12122006503.3891
2026-07-19124005504.3649
2026-07-26125506503.927
2026-08-02124006503.6930
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23124006503.6911

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

The competitive set for The Yorkdale - Building B (120 Varna Dr) comprises four direct multi-family properties within the immediate Yorkdale submarket: The Yorkdale - Building A at 160 Flemington Rd (0.18 km away, completed in 2019, 24 active listings), The Shermount at 650 Lawrence Ave W (0.8 km away, completed in 2003, 6 active listings), Residences @ Yorkdale at 16 McAdam Ave (0.88 km away, completed in 2017, 2 active listings), and Express Condos at 8 Tippett Rd (0.98 km away, completed in 2023, 23 active listings). This surrounding micro-market bridges older mid-rise assets with newer master-planned high-rise generations. Positioned against an overall competitive benchmark average rent of $2,304 per month, an average rate of $3.63 per square foot, and an average suite size of 655 square feet, the 2022-built subject property occupies a modern mid-tier position. The Yorkdale - Building B successfully balances contemporary construction standards with efficient floor plans, allowing renters to secure competitive square footage pricing that undercuts immediate contemporary peers like Building A while outperforming the capital appreciation and lifestyle offerings of older neighborhood alternatives.

160 Flemington Rd, North York

Avg Asking$2,203/mo
Avg $/SF$4.36
Rent Spread:
-$22/mo (-1.0%) Lower

150 Neptune Drive, North York

Avg Asking$3,460/mo
Avg $/SF$7.33
Rent Spread:
+$1,235/mo (+55.5%) Higher

650 Lawrence Ave W, North York

Avg Asking$2,394/mo
Avg $/SF$3.27
Rent Spread:
+$169/mo (+7.6%) Higher

130 Neptune Drive, North York

Avg Asking$2,930/mo
Avg $/SF$2.48
Rent Spread:
+$705/mo (+31.7%) Higher

16 McAdam Ave, North York

Avg Asking$2,410/mo
Avg $/SF$3.36
Rent Spread:
+$185/mo (+8.3%) Higher

8 Tippett Rd, North York

Avg Asking$2,334/mo
Avg $/SF$3.89
Rent Spread:
+$109/mo (+4.9%) Higher

Comparable Analysis & Questions

How do rental rates at The Yorkdale - Building B compare to neighbouring buildings within Yorkdale?

The Yorkdale - Building B achieves an average lease rent of $2,275 per month, aligning closely with the overall competitive benchmark average of $2,304 per month across key nearby developments including The Yorkdale - Building A, The Shermount, Residences @ Yorkdale, and Express Condos. The Yorkdale - Building A (160 Flemington Rd) reports an average lease rent of $2,231 per month at $4.22 per square foot across an average of 544 square feet. The Shermount (650 Lawrence Ave W) records an average lease rent of $2,283 per month at $3.32 per square foot across an average of 691 square feet. Residences @ Yorkdale (16 McAdam Ave) registers an average lease rent of $2,400 per month at $3.20 per square foot across an average of 750 square feet. Express Condos (8 Tippett Rd) commands an average lease rent of $2,301 per month at $3.78 per square foot across an average of 633 square feet.

Does The Yorkdale - Building B offer a competitive price-per-square-foot ($/SF) against local comparables?

The Yorkdale - Building B establishes its value proposition by offering a competitive leased rate of $3.82 per square foot across an average suite size of 609 square feet, positioning itself attractively against older and newer submarket alternatives. Renters evaluating The Yorkdale - Building B trade off slightly higher rates per square foot than legacy properties like The Shermount—which leases at $3.32 per square foot across 691 square feet—in exchange for modern 2022 construction quality, superior energy efficiency, and contemporary interior finishes. Conversely, the subject building provides more interior square footage and a lower rate per square foot than the adjacent The Yorkdale - Building A, which leases at $4.22 per square foot across a more compact 544 square feet. Against broader submarket benchmarks, tenants secure modern amenity access without paying the top-tier premiums demanded by brand-new 2023 deliveries such as Express Condos at $3.78 per square foot.

How do building age, amenities, and developer reputation impact rent spreads?

The Yorkdale - Building B delivers a robust, modern lifestyle and amenity package that matches or exceeds the offerings of surrounding competitive developments in the Yorkdale micro-market. Residents enjoy signature features including a 24/7 Concierge & Security service, a fully equipped Gym & Fitness Centre, a dedicated Party & Lounge Room, a vibrant Rooftop Terrace, and an exclusive Zippy Market. When compared against nearby peers, The Yorkdale - Building B provides a more comprehensive amenity suite than older legacy buildings like The Shermount, which lacks outdoor terrace spaces, while matching the core social infrastructure found in newer builds like Express Condos and The Yorkdale - Building A. This extensive amenity program successfully serves professionals, couples, and small families seeking an active, community-oriented urban lifestyle.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Yorkdale - Building B.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Zippy Market

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Yorkdale - Building B.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.