Universal City Two — Rental Market Data

Universal City Two currently features 4 active listings as of August 31, 2026, with an asking price range between $2,300 and $2,750 per month, an average asking rent of $2,425 per month, and a median asking rent of $2,325 per month. The active inventory maintains an average suite size of 628 square feet and an average asking rate of $3.90 per square foot. 1-Bedroom + Den configurations dominate the active market with a 75% share, showing that current available inventory leans heavily toward compact entry-level layouts rather than multi-bedroom executive suites.

The dominant active layout at Universal City Two is the 1-Bedroom + Den, accounting for 3 active listings and a 75% inventory share with an average asking rent of $2,317 per month across an average of 587 square feet at $3.97 per square foot. The 2-Bedroom tier represents the remaining 25% of active inventory with a single listing asking $2,750 per month across 750 square feet at $3.67 per square foot.

Universal City Two exhibits a minimum entry rent of $2,300 per month and a peak asking rent of $2,750 per month, establishing a dollar spread of $450 and a percentage spread of 19.6%. The median asking rent sits at $2,325 per month. The entry-level suite consists of a 1-Bedroom + Den layout spanning 550 square feet with an asking rate of $4.18 per square foot, while the peak suite is a 2-Bedroom layout encompassing 750 square feet at an asking rate of $3.67 per square foot.

Active den premium data for Universal City Two is currently unquantified as active den square footage deltas are null. Active parking premium data cannot be reliably isolated due to an insufficient sample or anomalous outliers, meaning parking fee additions cannot be verified from current listings.

Universal City Two asks an average of $2,425 per month at $3.90 per square foot, comparing against the Pickering submarket asking benchmark of $2,542 per month at $3.58 per square foot. The lower nominal monthly rent at the building is driven by more compact suite sizing rather than cheaper unit pricing, as demonstrated by the building's asking rate per square foot sitting 8.9% above the submarket asking average while capturing 17.4% of active submarket inventory.

Universal City Two registers an average lease rent that aligns closely with the overall comp average of $2,472 per month, drawing from direct competition with modern master-planned towers along Bayly Street and Celebration Drive. Universal City - I (1480 Bayly St) recorded an average lease rent of $2,452 per month at $3.22 per square foot across an average of 774 square feet. Universal City Tower 3 (1435 Celebration Dr) leased at an average of $2,209 per month at $3.31 per square foot across an average of 676 square feet. SF3 - San Francisco by the Bay 3 (1245-1255 Bayly St) achieved an average lease rent of $2,378 per month at $3.26 per square foot across an average of 744 square feet. Finally, Village at the Pines (1525 - 1535 Diefenbaker Crt) logged an average lease rent of $2,850 per month at $2.59 per square foot across a much larger average floor plan of 1,100 square feet.

Universal City Two establishes its value proposition through modern spatial efficiency, trading at $3.53 per square foot for an average suite size of 654 square feet against a submarket benchmark of $3.33 per square foot. Renters evaluating the subject building versus older alternatives like the 1997-built Village at the Pines trade away expansive, unoptimized square footage (1,100 square feet at $2.59 per square foot) in exchange for modern layouts, contemporary mechanical systems, and lower utility burdens. Compared to immediate new-build peers such as Universal City Tower 3 (676 square feet at $3.31 per square foot) and Universal City - I (774 square feet at $3.22 per square foot), Universal City Two delivers a comparable contemporary product where tenants pay for tightly engineered floor plates that minimize wasted hallway space while maximizing usable living areas.

Universal City Two delivers an extensive, master-planned lifestyle and amenity package that matches or exceeds the offerings found across competing modern developments in the Pickering node. The subject property distinguishes itself through five signature amenities: an Outdoor Pool, a dedicated Yoga Studio, a comprehensive Gym & Fitness Centre, a Rooftop Terrace, and the expansive Universal City Piazza. When contrasted against nearby peers, the building holds its own against Universal City - I's shared pool and terrace setup, while offering a more complete community feel than SF3 - San Francisco by the Bay 3, which features a Hot Tub & Jacuzzi and Media & Theatre Room but lacks a central piazza. Furthermore, while Universal City Tower 3 incorporates a Pet Wash Station, Universal City Two counters with robust business and social infrastructure including a Tech Lounge, Business Centre, and Games & Billiards Room. This amenity profile particularly serves young professionals, couples, and commuters seeking turnkey urban conveniences without traveling into downtown Toronto.