Discovery II - Park Place (D) — Rental Market Data

Discovery II – Park Place (D) has one active listing as of August 31, 2026, asking $2,550 per month with both the average and median rent at $2,550. The available suite spans 650 square feet at an asking rate of $3.92 per square foot. The 100 percent layout share is a one-bedroom-plus-den configuration, placing all current inventory in the compact entry-level tier rather than multi-bedroom executive layouts.

The sole active listing at Discovery II – Park Place (D) is a one-bedroom-plus-den unit, accounting for 100 percent of available inventory. That single unit asks $2,550 per month for 650 square feet, equating to $3.92 per square foot. No other bedroom tiers are currently on the market at this address.

With only one active listing at Discovery II – Park Place (D), the minimum and maximum asking rents are both $2,550 per month, producing a zero-dollar and zero-percent spread. The entry-level and peak suite are the same unit: a one-bedroom-plus-den at 650 square feet and $3.92 per square foot. A meaningful pricing range cannot be established until additional units enter the market.

Active den premium and square-footage delta figures for Discovery II – Park Place (D) are unquantified due to insufficient paired sample data. Marginal cost per square foot for the den component therefore cannot be isolated. Active parking stall premiums also cannot be reliably quoted; the data set flags the available sample as an anomalous outlier or insufficient paired sample, so no specific monthly parking fee should be attributed to current listings.

Discovery II – Park Place (D) asks $2,550 per month at $3.92 per square foot, compared to the Don Valley North submarket average asking rent of $2,635 and $3.89 per square foot. The building's rate is 0.8 percent above the submarket asking benchmark, while the 650-square-foot active suite is 27 square feet smaller than the submarket implied average of 677 square feet, which explains why the nominal monthly rent falls below the submarket average despite the higher per-square-foot rate. Discovery II represents one out of 260 available listings in the Don Valley North submarket.

Discovery II – Park Place (D) realizes an average lease rent of $2,472 per month, which is $56 above the four-comp benchmark of $2,416 and below the submarket average of $2,520. Against Discovery II – Park Place (E) at 19 Singer Crt (20 m, 16 closed leases, $2,321 average rent, $3.48 per square foot, 704 sq ft), the subject commands a $151-per-month higher realized rent. Discovery I – Park Place (B) at 29 Singer Crt (90 m, 26 closed leases, $2,438 average rent, $3.63 per square foot, 702 sq ft) shows the subject trading $34 higher per month. Discovery I – Park Place (A) at 33 Singer Crt (120 m, 14 closed leases, $2,484 average rent, $3.63 per square foot, 711 sq ft) is the one comp where the subject's realized rent runs $12 lower. Tango 2 at 72 Esther Shiner Blvd (140 m, 23 closed leases, $2,422 average rent, $3.40 per square foot, 724 sq ft) shows the subject at $50 higher per month. All four competitors recorded active closed lease volume, so each provides a realized pricing benchmark rather than a zero-transaction reference.

Discovery II – Park Place (D) leases at $3.50 per square foot across a 720-square-foot average suite, placing it $0.04 per square foot below the four-comp average of $3.54 while offering 10 more interior square feet than the peer mean of 710. Versus Discovery II – Park Place (E), the subject trades at a $0.02 per square foot (0.6 per cent) premium and provides 16 more interior square feet, meaning the higher nominal rent of $151 reflects both a modest rate uplift and a genuinely larger footprint. Against Discovery I – Park Place (B), the subject trades at a $0.13 per square foot (3.6 per cent) discount while delivering 18 more interior square feet; the $34 higher monthly rent is therefore driven by the larger suite size rather than a per-foot rate advantage. The same $0.13 per square foot discount and 9-square-foot size advantage apply against Discovery I – Park Place (A), where the subject's rent actually runs $12 lower despite the bigger footprint, confirming a clear per-foot value edge. Tango 2 presents the inverse trade-off: the subject commands a $0.10 per square foot (2.9 per cent) premium but provides 4 fewer interior square feet, so the $50 higher rent is rate-driven rather than space-driven.

Discovery II – Park Place (D) offers a 15-feature lifestyle package anchored by an indoor pool, hot tub, sauna, yoga studio, basketball court, rooftop terrace, and pet wash station, positioning it as a mid-tier amenity building within a peer set that ranges from 15 to 23 features. The subject's indoor pool, yoga studio, and basketball court are absent from Tango 2 (72 Esther Shiner Blvd), which instead offers a media/theatre room and tai chi deck. Compared with Discovery II – Park Place (E) at 19 Singer Crt, the subject lacks an outdoor pool, squash court, rock climbing wall, music room, children's playground, and kids' play room. Against Discovery I – Park Place (B) and (A), the subject is missing tennis/pickleball courts, squash, media/theatre rooms, outdoor children's play areas, and karaoke facilities. The building's aquatic-and-wellness core (indoor pool, hot tub, sauna, yoga) combined with its shuttle service and concierge security best serves professionals and active adults in their late twenties to mid-forties who prioritize fitness and social recreation over family-oriented play spaces or competitive racquet sports.