Willow Park at Bayview — Rental Market Data

Willow Park at Bayview has two active listings as of August 31, 2026, with asking rents ranging from $3,200 to $3,500 per month, an average of $3,350, and a median of $3,350. Both units average 942 square feet at a combined asking rate of $3.58 per square foot. The inventory splits evenly between a two-bedroom layout and a two-bedroom-plus-den configuration, meaning no one-bedroom or studio options are currently available and the stock leans toward larger multi-bedroom suites rather than compact entry-level units.

The dominant active layout at Willow Park at Bayview is the two-bedroom, with one listing representing 50 percent of available inventory at an average asking rent of $3,200 per month across 850 square feet and a rate of $3.76 per square foot. The second unit is a two-bedroom-plus-den at $3,500 per month spanning 1,033 square feet at $3.39 per square foot, also representing 50 percent of active stock. Both tiers consist of single listings, so renters face zero redundancy within either bedroom category.

Willow Park at Bayview's active asking rents span from a minimum of $3,200 to a peak of $3,500 per month, a dollar spread of $300 or 9.4 percent. The median asking rent sits at $3,350 per month. The entry-level option is a two-bedroom suite of 850 square feet priced at $3.76 per square foot, while the peak listing is a two-bedroom-plus-den at 1,033 square feet and $3.39 per square foot, reflecting the larger footprint commanding a higher absolute rent despite a lower per-square-foot rate.

Willow Park at Bayview does not have a quantified den premium or square-footage delta between its two active listings, as the sample of one unit per tier is insufficient to isolate marginal den costs. Active parking stall premiums also cannot be reliably isolated from the available data, and no verified parking add-on figure should be assumed when budgeting for a rental at this address.

Willow Park at Bayview's average asking rent of $3,350 per month exceeds the Don Valley North submarket average asking rent of $2,635 per month, yet its rate of $3.58 per square foot sits 8 percent below the submarket asking benchmark of $3.89 per square foot. The nominal rent premium is driven entirely by suite size: the building's active units average 942 square feet compared to the submarket implied average of 677 square feet, a 265-square-foot advantage that inflates absolute rent without reflecting a per-unit-area premium. Willow Park at Bayview accounts for two out of 260 active listings in the Don Valley North submarket.

Willow Park at Bayview's average realized lease rent of $2,500 per month sits $561 below the overall comp benchmark of $3,061, a gap driven primarily by the single high-rent transaction at Palace Gate rather than a broad market premium. The Bennett on Bayview (3237 Bayview Ave, 0.26 km, 14 closed leases) averaged $2,421 per month at $3.42 per square foot across 714 square feet, placing the subject $79 higher on a monthly basis. Palace Gate (3181 Bayview Ave, 0.30 km, 1 closed lease) recorded an average of $3,700 per month at $2.85 per square foot across 1,300 square feet, meaning the subject trades at a $1,200 lower monthly rent. Watergarden Condominiums (1 Watergarden Way, 0.34 km) and Gates Of Bayview (4001 Bayview Avenue, 1.47 km) each recorded zero closed leases over the trailing 180 days and therefore carry no realized rent benchmark for direct comparison.

Willow Park at Bayview's leased rate of $3.85 per square foot across a 650-square-foot suite commands a premium over both active competitors on a per-square-foot basis, while the subject's compact interior footprint keeps the total monthly rent competitive. Against The Bennett on Bayview (3237 Bayview Ave, 0.26 km), the subject trades at a $0.43 per square foot (12.6%) premium but provides 64 fewer interior square feet, so the $79 higher monthly rent reflects a denser rate applied to a slightly smaller suite rather than a valuation gap. Against Palace Gate (3181 Bayview Ave, 0.30 km), the subject commands a $1.00 per square foot (35.1%) premium yet delivers 650 fewer interior square feet; the $1,200 lower nominal rent is entirely a function of the subject's 650-square-foot footprint versus Palace Gate's 1,300-square-foot layout, not a discount in asset value. A tenant choosing Willow Park over Palace Gate gains a higher per-square-foot rate in exchange for a substantially smaller interior, while a tenant choosing the subject over The Bennett pays slightly more per month for a marginally tighter suite.

Willow Park at Bayview offers an eight-feature amenity package—Concierge & Security, Party & Lounge Room, Gym & Fitness Centre, Meeting Room, Media & Theatre Room, Games & Billiards Room, BBQ Area, and Garden & Courtyard—that positions it as a mid-tier lifestyle building between the amenity-rich 1990s towers and the tech-forward 2020 Bennett. The subject's Media & Theatre Room and Games & Billiards Room are absent from Palace Gate (3181 Bayview Ave), while the subject's Garden & Courtyard is not offered at The Bennett on Bayview (3237 Bayview Ave), which instead differentiates with a Rooftop Terrace, Firepit, Yoga Studio, and Beanfield Fibre. Palace Gate counters with an Indoor Pool, Sauna & Steam Room, Tennis & Pickleball Court, and Car Wash Bay—features the subject does not provide. The zero-transaction reference buildings, Watergarden Condominiums and Gates Of Bayview, both feature indoor pools and sauna/steam rooms, underscoring that aquatic and spa wellness remain the primary amenity gap in the subject's package. This lifestyle mix best serves young professionals and small households in the Don Valley North corridor who prioritize a gym, meeting space, and social gathering areas over resort-style aquatic facilities, and who value a 2012-built building with modern common spaces over a 1970s or 1990s tower.