Broadway II — Rental Market Data

Broadway II has one active listing as of August 31, 2026, with an asking rent of $3,200 per month (minimum, average, and median all identical given the single unit). The suite spans 950 square feet at an asking rate of $3.37 per square foot. This listing is a two-bedroom layout representing 100 percent of current active inventory, placing the building's available stock firmly in the multi-bedroom tier rather than the compact entry-level segment that dominates its historical leasing profile.

The sole active layout at Broadway II is a two-bedroom unit, accounting for 100 percent of available inventory with one listing at $3,200 per month across 950 square feet and a rate of $3.37 per square foot. No one-bedroom, studio, or three-bedroom units are currently on the market, making this a single-listing sample with no cross-tier comparison possible within the building. Renters seeking smaller footprints or additional bedroom configurations must source from the 215 other active listings in the North York City Centre submarket.

Broadway II's active pricing spread is zero dollars and zero percent, as the single listed unit sets both the minimum and maximum asking rent at $3,200 per month. The entry-level and peak suite are the same two-bedroom, 950-square-foot unit priced at $3.37 per square foot, so no intra-building price gradient exists to evaluate. With only one active listing, the median asking rent also equals $3,200 per month, and any spread analysis becomes uncalculable until additional units enter the market.

Broadway II's active den premium and associated square-footage delta cannot be quantified from the current single-listing sample, as no paired den versus non-den transactions exist to isolate a marginal cost per square foot. Parking stall premiums are likewise inconclusive; the data set flags the available parking figures as unreliable outliers or an insufficient paired sample, so no verified monthly parking add-on can be quoted for this building at this time.

Broadway II's active asking rate of $3.37 per square foot is 12.2 percent below the North York City Centre submarket asking benchmark of $3.84 per square foot, and its $3,200-per-month nominal rent exceeds the submarket average asking rent of $2,753 per month by $447. That nominal premium is fully explained by suite size: the active unit's 950-square-foot footprint is substantially larger than the submarket's typical asking inventory, so on a per-square-foot basis the building offers a more competitive rate. Broadway II holds one out of 216 active listings in the submarket, representing roughly 0.5 percent of total available inventory.

Broadway II's average realized lease rent of approximately $2,336 per month sits $555 below the four-comp blended benchmark of $2,891, a gap driven almost entirely by Manhattan Place's outsized large-suite rents. Against Broadway I at 153 Beecroft Rd (0.03 km, 11 closed leases, $2,314 average rent, $4.27 per square foot, 559 sq ft), Broadway II commands a $22-per-month higher rent. Manhattan Place at 131 Beecroft Rd (0.11 km, 5 closed leases, $4,250 average rent, $2.78 per square foot, 1,528 sq ft) trades at a $1,914-per-month premium over Broadway II, reflecting its roughly 2.4× larger suite footprint. Ultima I – North at 4978 Yonge St (0.12 km, 21 closed leases, $2,468 average rent, $3.55 per square foot, 707 sq ft) realizes a $132-per-month higher rent than Broadway II, while Ultima II – South at 4968 Yonge St (0.13 km, 16 closed leases, $2,531 average rent, $3.63 per square foot, 705 sq ft) commands $195 more per month. All four comparables recorded active lease transactions over the trailing 180 days, so each provides a realized pricing benchmark rather than a listing-only reference.

Broadway II leases at approximately $3.69 per square foot on an average 638-square-foot suite, placing it above the four-comp blended rate of $3.56 per square foot yet well below Manhattan Place's $2.78 per square foot and above Broadway I's $4.27 per square foot on a per-foot basis. Against Broadway I (0.03 km), the subject trades at a $0.58-per-square-foot (13.6%) discount while providing 79 more interior square feet, meaning the lower monthly rent is a function of the comp's higher per-foot rate rather than a smaller subject footprint. Versus Manhattan Place (0.11 km), Broadway II commands a $0.91-per-square-foot (32.7%) premium but delivers 890 fewer square feet; the $1,914 monthly rent gap is overwhelmingly a footprint differential, not an asset-valuation premium. Against Ultima I – North (0.12 km), the subject carries a modest $0.14-per-square-foot (3.9%) premium on 69 fewer square feet, and against Ultima II – South (0.13 km) a $0.06-per-square-foot (1.7%) premium on 67 fewer square feet—both near-parity comparisons where the nominal rent variance is driven by the slightly larger comp footprints rather than a meaningful per-foot valuation gap.

Broadway II offers an eight-feature amenity suite anchored by an indoor pool, hot tub and jacuzzi, sauna and steam room, gym, concierge and security, party and lounge room, meeting room, and games and billiards room—a mid-market wellness-and-social package that overlaps heavily with its Beecroft Road and Yonge Street peers. The building's hot tub and jacuzzi is a signature differentiator absent from Broadway I, Ultima I – North, Ultima II – South, and Manhattan Place, giving tenants a private aquatic-recovery option beyond the shared pool. Conversely, Broadway I adds EV charging, a rooftop terrace, garden and courtyard, BBQ area, and a media and theatre room that Broadway II does not provide; Manhattan Place layers in a basketball court, squash and racquetball courts, a library and reading room, a convenience store, and outdoor terraces; and both Ultima towers include golf simulators, with Ultima II – South adding a business centre and dining room and kitchen. Broadway II's package best serves cost-conscious young professionals and small households who prioritize in-unit aquatic wellness (pool plus hot tub) and a functional gym-and-meeting-room setup over the expansive outdoor terraces, sports courts, or remote-work infrastructure found at the larger-footprint competitors.