N Tower (Cityplace) — Rental Market Data

N Tower (Cityplace) holds three active listings as of August 31, 2026, with asking rents ranging from $2,400 to $3,450 per month, an average of $2,800 and a median of $2,550. Average suite size across active inventory is 638 square feet at an asking rate of $4.37 per square foot. The dominant layout is the one-bedroom-plus-den at 66.7 percent of active inventory, indicating that current availability leans toward compact entry-level and mid-size suites rather than multi-bedroom executive layouts.

The one-bedroom-plus-den layout leads active inventory with two listings, accounting for 66.7 percent of available suites at an average asking rent of $2,475 per month across 582 square feet and a rate of $4.26 per square foot. The two-bedroom tier comprises a single listing at 33.3 percent share, asking $3,450 per month for 750 square feet at $4.60 per square foot. No zero-bedroom or three-bedroom-plus units are currently available in the building.

N Tower (Cityplace) spans a $1,050 asking rent spread from a minimum of $2,400 to a peak of $3,450 per month, a 43.8 percent range across three active listings. The median asking rent sits at $2,550 per month. The entry-level suite is a one-bedroom-plus-den at 550 square feet and $4.36 per square foot, while the peak listing is a two-bedroom at 750 square feet and $4.60 per square foot.

N Tower (Cityplace) does not have a quantified den premium or square-footage delta isolated from current active listings, as the den premium fields are unpopulated. Parking at N Tower carries a verified active premium of $150 per month, providing renters with a clear add-on cost for a parking stall. Historical lease data does not contain sufficient paired parking records to establish a separate benchmark beyond the current verified figure.

N Tower (Cityplace) asks an average of $2,800 per month at $4.37 per square foot, compared to the CityPlace / Fort York submarket asking benchmark of $3,101 per month at $4.58 per square foot. The building's 4.6 percent discount on a per-square-foot basis reflects both competitive unit pricing and slightly more compact suite sizing relative to submarket averages. N Tower's three active listings represent approximately 2 percent of the 148 total active listings across the submarket.

N Tower (Cityplace) leases at an average of $3,363 per month, which is $660 above the four-comparable average of $2,703 and reflects its larger 825-square-foot suite base. The Gallery (Cityplace) at 15 Brunel Crt reports an average lease rent of $2,470 at $4.01 per square foot on 617-square-foot units. Neo (Cityplace) at 4K Spadina Ave leases at $2,593 per month, $4.10 per square foot, on 644-square-foot suites. Luna at Cityplace – Podium, LTD & Villas at 8 Telegram Mews commands $2,981 per month at $3.89 per square foot on 778-square-foot units. West One (Cityplace) at 11 Brunel Crt averages $2,769 per month at $4.25 per square foot on 665-square-foot suites. N Tower's rent premium over each comp is a direct function of its larger interior area rather than a rate-per-square-foot markup, with the exception of West One, where N Tower actually trades at a $0.15 per square foot discount.

N Tower (Cityplace) delivers 825 average square feet at $4.10 per square foot, positioning it as the largest-suite option in the CityPlace / Fort York micro-market while remaining within a narrow band of the submarket leased benchmark of $4.36 per square foot. Against The Gallery (Cityplace), tenants gain 208 additional square feet at a $0.09 per square foot premium, paying $4.10 versus $4.01. Versus Neo (Cityplace), the subject offers 181 more square feet at identical $4.10 per square foot parity, meaning renters receive materially more interior space for the same rate. Compared with Luna at Cityplace, N Tower provides 47 additional square feet at a $0.21 per square foot premium ($4.10 versus $3.89), a trade-off that favours tenants prioritizing layout over the lowest per-foot cost. Against West One (Cityplace), the subject trades at a $0.15 per square foot discount ($4.10 versus $4.25) while still delivering 160 more square feet, making it the most cost-efficient large-suite option in this immediate cluster for renters who value space without paying West One's higher per-foot rate.

N Tower (Cityplace) offers a streamlined, wellness-and-social-focused amenity package that differentiates itself through pet-friendly infrastructure and court sports, features absent from three of its four nearest competitors. The building's Pet Wash Station is a stand-out convenience not found at Neo (Cityplace), Luna at Cityplace, or West One (Cityplace), giving pet-owning tenants an on-site grooming resource their neighbours lack. Its Basketball Court is similarly missing from both Neo and Luna, providing a full-size indoor court option that only The Gallery and West One share. While all four competitors include an Indoor Pool, Hot Tub, and Sauna, N Tower pairs these with a dedicated Games & Billiards Room and Media & Theatre Room to create a more cohesive social-recreation suite, whereas Neo layers in a Rock Climbing Wall, Karaoke Room, and Dance Floor, and West One adds a Spin Studio, Tai Chi Area, and Car Wash Bay. The subject's package is best suited to young professional tenants who want a full wellness trio, a pet-wash convenience, and an indoor court for casual sport without the broader, more fragmented amenity menus at Neo or West One.