Argento — Rental Market Data

Argento holds one active listing as of August 31, 2026, with an asking rent of $2,200 per month representing both the minimum and maximum price point in the building. The suite offers 553 square feet at $3.98 per square foot, and the 13-day average days on market reflects a tightly held inventory. The sole listing is a one-bedroom unit, meaning 100 percent of current availability sits in the compact entry-level tier with no multi-bedroom or den-equipped options on the market.

The one-bedroom layout accounts for the entire active inventory at Argento, representing 100 percent of available units with a single listing. That one unit asks $2,200 per month for 553 square feet at $3.98 per square foot, and no other bedroom tier currently has any units on the market. Renters seeking two-bedroom or den-equipped configurations will find zero active options at this address as of the reporting date.

Argento's active availability is concentrated in a single price point of $2,200 per month, producing a dollar spread of zero and a percentage spread of zero percent. The entry-level suite is a one-bedroom at 553 square feet priced at $3.98 per square foot, and because there is only one listing, the peak asking rent is identical at $2,200 for the same 553-square-foot one-bedroom at $3.98 per square foot. No price differentiation exists across the current inventory.

Argento's active den premium cannot be quantified because no den-equipped unit is currently listed, leaving the square-footage delta and marginal cost per square foot unmeasured. Parking stall costs likewise cannot be reliably isolated from the current single listing, and historical lease data does not provide a verified paired sample to establish a benchmark parking add-on. Renters should request a direct quote from the leasing office for both den and parking pricing before making an offer.

Argento's active asking rent of $2,200 per month sits well below the Don Mills submarket average asking rent of $3,242 per month, while the building's $3.98 per square foot rate is 1.2 percent under the submarket asking benchmark of $4.03 per square foot. The lower nominal monthly outlay is driven by the compact 553-square-foot suite size rather than a discount in unit pricing, as the per-square-foot rate remains competitive with the broader market. Argento's single listing represents approximately 2.3 percent of the 44 active listings currently available across the Don Mills submarket.

Argento's all-time average lease rent of $2,315 per month runs $166 below the four-building comp average of $2,481, making it the most competitively priced option in this immediate cluster. The two 2022 Emerald City towers bracket the subject: The Peak at Emerald City (32 Forest Manor Rd) leases at $2,576 per month on 689 square feet at $3.79 per square foot, while Lumina at Emerald City (36 Forest Manor Rd) averages $2,383 per month on 647 square feet at $3.71 per square foot. The 1976-era 20 Forest Manor Condos (20 Forest Manor Road) posts $2,483 per month on a substantially larger 1,042 square feet at just $2.42 per square foot, and 5 Parkway Forest (5 Parkway Forest Dr, 1970) has no closed lease data to benchmark against over the past 180 days.

Argento trades at $3.79 per square foot on an average 625-square-foot suite, a rate that sits at parity with The Peak at Emerald City ($3.79/SF) and carries a modest $0.08 per square foot premium over Lumina at Emerald City ($3.71/SF), while commanding a significant $1.37 per square foot (56.6 percent) premium over 20 Forest Manor Condos ($2.42/SF). The trade-off is clear: Argento's suites are 417 square feet smaller than 20 Forest Manor's 1,042-square-foot average, 64 square feet smaller than The Peak's 689-square-foot average, and 22 square feet smaller than Lumina's 647-square-foot average. Renters choosing Argento accept a compact footprint in exchange for a 2018 Tridel build with modern finishes, a 28-day average lease-up that matches the submarket pace, and a tenant-favorable negotiation environment where 46.2 percent of leases closed an average of $37 per month (1.52 percent) below asking, saving tenants roughly $444 per year.

Argento's amenity suite—Concierge & Security, Gym & Fitness Centre, Party & Lounge Room, Media & Theatre Room, Sauna & Steam Room, BBQ Area, Rooftop Terrace, and Games & Billiards Room—delivers a curated urban-living package that distinguishes it from both the legacy towers and the newer Emerald City product. The Media & Theatre Room and Rooftop Terrace are entirely absent from 5 Parkway Forest (1970) and 20 Forest Manor Condos (1976), neither of which offers a dedicated screening space or elevated outdoor lounge. The Games & Billiards Room and full-time Concierge & Security desk are also missing at 5 Parkway Forest, where residents must make do with an outdoor pool, tennis and pickleball courts, and a children's playground. Against the 2022 Emerald City towers, Argento's rooftop terrace and dedicated media room complement rather than duplicate their indoor pools, hot tubs, and yoga studios, giving tenants a dual indoor-outdoor social mix. This blend of a private theatre, open-air rooftop entertaining, and billiards lounge best serves young professionals and small households in their late twenties to mid-thirties who prioritize social programming and modern convenience over resort-style water features.