Ïce Condominiums II — Rental Market Data

Ïce Condominiums II carries 3 active listings as of August 31, 2026, spanning a price range of $3,900 to $4,200 per month with an average asking rent of $4,000 and a median asking rent of $3,900 per month. Active units average 911 square feet at an asking rate of $4.41 per square foot. The inventory is heavily concentrated in 3-Bedroom+ configurations, which make up 66.7% of available stock, pushing current active inventory toward larger multi-bedroom executive layouts rather than compact entry-level suites.

The dominant active layout at Ïce Condominiums II is the 3-Bedroom+, representing 2 active listings and a 66.7% inventory share. Three-bedroom plus units command an average asking rent of $3,900 per month across an average of 942 square feet, achieving $4.14 per square foot. The remaining inventory consists of a single 2-Bedroom layout accounting for 33.3% of active stock, asking $4,200 per month across 850 square feet at $4.94 per square foot.

Ïce Condominiums II records a minimum entry rent of $3,900 per month and a peak asking rent of $4,200 per month, generating a dollar spread of $300 and a percentage spread of 7.7%. The median asking rent stands at $3,900 per month. Entry-level availability is anchored by a 3-Bedroom+ suite spanning 934 square feet at $4.18 per square foot, while peak pricing is set by a 2-Bedroom suite encompassing 850 square feet at $4.94 per square foot.

Active den premium metrics and square footage deltas cannot be evaluated at Ïce Condominiums II due to insufficient active floor plan variation. Active parking stall costs cannot be reliably isolated from current listings due to an insufficient sample size. Verified historical leases indicate an average parking premium of $100 per month.

Ïce Condominiums II asks an average rent of $4,000 per month at $4.41 per square foot, comparing to the Downtown Core submarket asking benchmark of $3,471 per month at $4.56 per square foot. The building's higher nominal rent reflects larger average suite sizes rather than inflated unit pricing. The active asking rate per square foot trades 3.3% below submarket asking levels, supported by the building's 3 active listings within the wider submarket pool of 224 available properties.

Ïce Condominiums II achieves an average lease rent of $2,339 per month, comparing against an overall competitive set average of $2,955 per month across key benchmarks including Infinity Condominiums III, Infinity Condominiums - I, and Ïce Condominiums I. Infinity Condominiums III (19 Grand Trunk Cres) reported an average lease rent of $2,850 per month at $3.68 per square foot across an average of 780 square feet. Infinity Condominiums - I (30 Grand Trunk Cres) recorded an average lease rent of $3,175 per month at $4.21 per square foot across an average of 758 square feet. Ïce Condominiums I (12 York St) closed leases averaging $2,840 per month at $4.24 per square foot across 666 square feet. Infinity Condominiums - The Final Phase (25 Lower Simcoe St) currently maintains zero active closed leases in the reporting window.

Ïce Condominiums II offers a competitive value proposition characterized by an average leased rate of $4.15 per square foot across an average footprint of 572 square feet, trading competitively against the broader submarket benchmark of $4.48 per square foot. Renters balance compact, modern layouts with lower absolute utility burdens and contemporary interior finishes against older, larger footprints found in competing developments like Infinity Condominiums III, which provides an average of 780 square feet at $3.68 per square foot, and Infinity Condominiums - I, which averages 758 square feet at $4.21 per square foot.

Ïce Condominiums II delivers an extensive wellness and lifestyle amenity profile that rivals or exceeds neighboring high-rises in the Downtown Core. The subject building features signature amenities including an indoor pool, an outdoor pool, a dedicated yoga studio, a comprehensive gym and fitness centre, and a rooftop terrace, which compare favorably against competing offerings such as the basketball court and games room at Infinity Condominiums III or the golf simulator at Infinity Condominiums - I. This robust recreational infrastructure best serves urban professionals and renters seeking resort-style building amenities combined with central transit accessibility.