Galleria on the Park - Galleria 01 — Rental Market Data

Galleria on the Park - Galleria 01 has 4 active listings as of August 31, 2026, with asking rents ranging from $2,300 to $3,900 per month, an average rent of $3,074 per month, and a median rent of $3,048 per month. Active suites average 898 square feet with an asking rate of $3.43 per square foot. Multi-bedroom layouts dominate the available inventory, skewing current options toward larger executive footprints rather than compact entry-level suites.

The dominant active layout at Galleria on the Park - Galleria 01 is the 2-Bedroom + Den, accounting for 2 listings and a 50% inventory share. This tier averages $3,798 per month across 1,104 square feet at $3.44 per square foot. The remaining inventory comprises a single 1-Bedroom + Den listing representing a 25% share at $2,400 per month across 650 square feet ($3.69 per square foot), alongside a single 2-Bedroom listing also holding a 25% share at $2,300 per month across 734 square feet ($3.13 per square foot).

Galleria on the Park - Galleria 01 exhibits a minimum entry rent of $2,300 per month and a peak asking rent of $3,900 per month, creating a dollar spread of $1,600 per month or a 69.6% percentage spread. The median asking rent sits at $3,048 per month. The entry-level option consists of a 2-Bedroom suite spanning 734 square feet at $3.13 per square foot, contrasted against the peak suite configuration of a 2-Bedroom + Den spanning 1,100 square feet at $3.55 per square foot.

Active den premiums and square footage deltas cannot be reliably isolated from current listings at Galleria on the Park - Galleria 01. Furthermore, active parking premiums cannot be reliably isolated due to an insufficient paired sample of listings. Verified historical leases indicate an average parking premium of $213 per month.

Galleria on the Park - Galleria 01 asks an average monthly rent of $3,074 at $3.43 per square foot, comparing to the Dovercourt submarket asking benchmark of $2,609 per month at $3.89 per square foot. The building's higher nominal rent is driven by more expansive suite sizing rather than inflated unit pricing, reflected in a building asking rate that sits 11.8% below the submarket asking benchmark per square foot while capturing 23.5% of active submarket inventory.

Galleria on the Park - Galleria 01 achieves an all-time average lease rent of $2,665 per month, comparing against an overall comparable average of $2,336 per month across nearby master-planned benchmarks like Galleria on the Park - Galleria 02 and Galleria 3. Galleria on the Park - Galleria 02 (10 Graphophone Grove) reports an average lease rent of $2,593 per month at $3.72 per square foot across an average of 703 square feet. Galleria on the Park (1245 Dupont Street) reports an average lease rent of $2,025 per month at $4.05 per square foot across an average of 525 square feet. Galleria 3 (1185 Dupont Street) records an average lease rent of $2,389 per month at $3.79 per square foot across an average of 648 square feet. Iron Works Lofts (99 Chandos Ave) is a 2010-built property with 0 active lease transactions recorded in the period.

Galleria on the Park - Galleria 01 establishes its value proposition by offering an all-time average leased rate of $3.63 per square foot across an average suite size of 759 square feet, providing more interior square footage and a lower rate per square foot than most immediate new-build alternatives in the submarket. Renters trade slightly larger, highly efficient modern layouts with contemporary finishes for lower utility burdens and competitive per-square-foot pricing against comps like Galleria on the Park - Galleria 02 at $3.72 per square foot across 703 square feet, Galleria 3 at $3.79 per square foot across 648 square feet, and Galleria on the Park at $4.05 per square foot across 525 square feet. This combination of larger floor plates and competitive pricing undercuts the submarket average asking rate of $3.89 per square foot, delivering strong functional value for modern renters.

Galleria on the Park - Galleria 01 delivers a robust lifestyle and amenity package that rivals surrounding master-planned developments in the Dovercourt node. The building features signature amenities including an indoor kids' play room, a dedicated yoga studio, a sauna and steam room, a business centre, and a rooftop terrace. When compared against nearby peers, Galleria on the Park - Galleria 02 includes competing luxury extras like an outdoor pool, cabanas, a community centre, and a childcare center, while Galleria 3 offers a dog run, a pet wash station, and an outdoor children's playground. Iron Works Lofts provides a more basic amenity offering limited to a shared laundry room, barbecue area, concierge, and rooftop terrace. This comprehensive amenity suite makes Galleria on the Park - Galleria 01 particularly attractive to working professionals, couples, and young families seeking extensive wellness and recreational spaces within a master-planned community.