7 on the Park — Rental Market Data

7 on the Park has 2 active listings as of August 31, 2026, both asking $2,400 per month, giving an average rent of $2,400 and a median of $2,400. The two suites average 795 square feet at a blended asking rate of $3.12 per square foot. Both available units are 2-bedroom layouts, accounting for 100 percent of active inventory, so the current selection leans squarely toward mid-size multi-bedroom suites rather than compact entry-level one-bedrooms.

The sole active layout at 7 on the Park is the 2-bedroom tier, with 2 units representing 100 percent of available inventory. Both units average $2,400 per month and 795 square feet, producing a blended asking rate of $3.12 per square foot. No 1-bedroom or 3-bedroom units are currently listed, so renters seeking a different bedroom count must look to other Yorkdale buildings.

7 on the Park's two active listings both ask $2,400 per month, resulting in a zero-dollar spread and a 0 percent range between the minimum and peak asking rents. The entry-level option is a 2-bedroom suite of 650 square feet at $3.69 per square foot, while the peak listing is a 2-bedroom unit of 940 square feet at $2.55 per square foot. The identical asking price across two very different footprints means the smaller suite carries a meaningfully higher rate per square foot than its larger counterpart.

Active den premiums at 7 on the Park cannot be quantified because no paired den versus non-den sample exists in the current listing data. Parking premium data for active listings is similarly inconclusive due to an unreliable or insufficient paired sample, so no specific monthly parking fee can be quoted for the two available units. For reference, verified historical lease data shows a $250-per-month parking stall add-on, but this figure reflects past closed transactions rather than current active asking terms.

7 on the Park's active asking rent of $2,400 per month sits $154 below the Yorkdale submarket average asking rent of $2,554, and its $3.12-per-square-foot rate is 24.3 percent under the submarket asking benchmark of $4.12 per square foot. The nominal rent gap narrows when suite size is considered: the building's 795-square-foot average footprint is larger than the submarket norm, so the lower per-square-foot rate reflects generous sizing rather than a discount on compact units. 7 on the Park accounts for 2 out of 39 active listings in the Yorkdale submarket, a 5.1 percent share of total available inventory.

7 on the Park's all-time average realized lease rent of $2,560 per month runs $476 above the four-building comp average of $2,084, with both active competitors—Visto Condominiums (2 closed leases) and Westmount Condominiums (3 closed leases)—pricing below the subject. Visto Condominiums at 2522 Keele St, 0.81 km away, averaged $2,250 per month at $3.46 per square foot across 650-square-foot suites over its 2 closed leases in the trailing 180 days, placing the subject $310 higher on a monthly basis. Westmount Condominiums at 2737 Keele St, 2.03 km away, averaged $1,917 per month at $3.52 per square foot across 567-square-foot suites over its 3 closed leases, putting the subject $643 higher monthly. The Amesbury (0.11 km) and Bellavista Condominium (0.96 km) each recorded zero closed lease transactions over the past 180 days and therefore carry no realized rent benchmark against which to compare.

7 on the Park commands a premium rate per square foot over both active competitors while simultaneously offering more interior space, meaning the higher monthly rent is driven by a larger footprint layered on a modest per-square-foot markup rather than a disproportionate rate increase. Against Visto Condominiums, the subject trades at a $0.38 per square foot (11.0%) premium and provides 35 more interior square feet, so the $310 monthly rent differential reflects both the higher per-square-foot rate and the additional 685-versus-650-square-foot suite size. Against Westmount Condominiums, the subject commands a $0.32 per square foot (9.1%) premium and delivers 118 more interior square feet (685 versus 567), which accounts for the larger $643 monthly gap. In both cases the subject's higher nominal rent is a function of greater interior square footage combined with a modest per-square-foot premium, not a standalone rate surge.

7 on the Park fields a nine-item amenity suite that extends well beyond the standard concierge-and-gym baseline found at most nearby peers, adding a dining room and kitchen, media and theatre room, pet wash station, car wash bay, and rooftop terrace. Visto Condominiums (0.81 km) offers a meeting room and BBQ area that the subject lacks, but does not include the dining room, media room, pet wash station, or car wash bay. Westmount Condominiums (2.03 km) differentiates with an indoor pool, sauna and steam room, hot tub and jacuzzi, and a meeting room—none of which appear at 7 on the Park—yet it omits the dining room, media room, pet wash station, car wash bay, and rooftop terrace. The zero-volume peers, The Amesbury and Bellavista Condominium, carry only three to five basic amenities (gym, party room, games room, concierge) and lack the subject's dining, media, pet-care, and vehicle-wash facilities. This package targets young professionals and small households who prioritize on-site convenience—pet grooming, vehicle washing, and a dedicated dining or media space—over resort-style aquatic or spa features.