Parkside Tower — Rental Market Data

Parkside Tower features 3 active listings as of August 31, 2026, with an asking price range of $2,695 per month, an average rent of $2,695 per month, and a median rent of $2,695 per month. Active suites average 950 square feet at an asking rate of $2.84 per square foot. The active inventory is 100 percent dominated by 2-bedroom configurations, reflecting a total focus on multi-bedroom executive layouts rather than compact entry-level units.

The dominant active layout at Parkside Tower is the 2-Bedroom configuration, accounting for 3 listings and a 100 percent inventory share. This layout tier offers a small selection of multi-bedroom units averaging $2,695 per month across 950 square feet at an asking rate of $2.84 per square foot.

Parkside Tower exhibits a minimum entry rent of $2,695 per month and a peak asking rent of $2,695 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. Median asking rent rests at $2,695 per month. The entry-level suite consists of a 2-bedroom layout spanning 950 square feet at $2.84 per square foot, matching the peak suite in both size, rent, and asking rate per square foot.

Parkside Tower has no active den premium data available, as the den premium dollar amount and square footage delta are null. Den marginal cost per square foot cannot be quantified due to insufficient structural data. Active parking premium data cannot be reliably isolated due to an unreliable outlier or insufficient sample size.

Parkside Tower asks an average rent of $2,695 per month at $2.84 per square foot, compared to the Downsview submarket average asking rent of $2,712 per month at $2.89 per square foot. The building's asking rate per square foot sits 1.7 percent below the submarket asking benchmark while representing 27.3 percent of the submarket's 11 active listings.

Parkside Tower records an average asking rent of $2,695 per month, standing above the overall comp average of $2,115 per month across nearby established options like 235 Grandravine Drive, 5 Frith Condos, and Four Winds Condos. Individual competitor leasing metrics show 235 Grandravine Drive achieving an average lease rent of $1,950 per month at $2.89 per square foot across an average of 675 square feet, while 5 Frith Condos records an average lease rent of $1,800 per month at $2.30 per square foot across 788 square feet. Additionally, Four Winds Condos reports an average lease rent of $2,595 per month at $2.73 per square foot across a larger average layout of 950 square feet. Note that 1 Wandle Avenue currently reports 0 active listings and no active lease figures.

Parkside Tower commands an average asking rate of $2.84 per square foot for an average suite size of 950 square feet, aligning closely with the submarket average asking rate of $2.89 per square foot. Renters evaluating Parkside Tower against older alternatives weigh the financial trade-off between paying a slight premium for modern floor plan efficiencies, contemporary building finishes, and lower long-term utility burdens versus opting for larger, legacy footprints such as 5 Frith Condos at $2.30 per square foot across 788 square feet or 235 Grandravine Drive at $2.89 per square foot across 675 square feet.

Parkside Tower delivers a focused lifestyle and amenity profile anchored by concierge and security alongside a shared laundry room, contrasting with the extensive recreational offerings found in older regional competitors. For instance, Four Winds Condos provides a gym and fitness centre, indoor and outdoor pools, sauna and steam rooms, a basketball court, a squash and racquetball court, a party and lounge room, a meeting room, a games and billiards room, a BBQ area, a pet wash station, a day care, an indoor ball hockey room, and a badminton court. Furthermore, 235 Grandravine Drive features a concierge and security team, a gym and fitness centre, a sauna and steam room, a basketball court, and tennis and pickleball courts, while 5 Frith Condos and 1 Wandle Avenue offer no listed amenities or limited shared laundry facilities. This positions Parkside Tower ideally for residents prioritizing a newly constructed building over extensive legacy recreational facilities.