MYC - Merton Yonge Condos — Rental Market Data

MYC - Merton Yonge Condos carries 3 active listings as of August 31, 2026, offering a price range of $3,000 to $4,600 per month with an average asking rent of $3,833 per month and a median asking rent of $3,900 per month. Active listings feature an average square footage of 931 square feet and an average asking rate of $4.10 per square foot. Dominant layout share is split evenly at 33.3 percent across three distinct bedroom configurations. Current active inventory leans toward multi-bedroom executive layouts rather than compact entry-level suites.

The dominant active layout at MYC - Merton Yonge Condos is the 1-bedroom configuration, representing 1 active listing and a 33.3 percent inventory share. The 1-bedroom tier averages $3,000 per month across 768 square feet at an asking rate of $3.91 per square foot. The 2-bedroom tier accounts for 1 listing or 33.3 percent of inventory, averaging $3,900 per month across 926 square feet at $4.21 per square foot. The 2-bedroom plus den tier comprises the final 1 listing or 33.3 percent share, asking $4,600 per month across 1,100 square feet at $4.18 per square foot.

MYC - Merton Yonge Condos features a minimum entry rent of $3,000 per month and a peak asking rent of $4,600 per month, generating a dollar spread of $1,600 and a percentage spread of 53.3 percent. The median asking rent sits at $3,900 per month. The entry-level suite consists of a 1-bedroom layout spanning 768 square feet at an asking rate of $3.91 per square foot. In contrast, the peak suite is a 2-bedroom plus den configuration spanning 1,100 square feet at an asking rate of $4.18 per square foot.

Active den premium dollar amounts and square footage deltas for MYC - Merton Yonge Condos are currently unquantified due to single-listing tiers. Marginal costs for extra den space cannot be isolated from the active dataset. Furthermore, active parking premiums cannot be reliably isolated from current listings due to an insufficient paired sample.

MYC - Merton Yonge Condos asks an average rent of $3,833 per month at $4.10 per square foot, comparing against the North Midtown submarket asking benchmark of $2,803 per month at $4.27 per square foot. The higher nominal monthly rent is driven by larger average suite square footage rather than inflated unit pricing. The building's asking rate sits 4 percent below the submarket asking benchmark per square foot while comprising 3 active listings out of a submarket total of 232 available units.

MYC - Merton Yonge Condos achieves an average lease rent of $2,770 per month, trading slightly above the overall competitive set average of $2,642 per month alongside key benchmarks such as The Radius and Life. Individual competitor performance includes The Radius at 18 Merton St with an average lease rent of $2,500 per month, $3.85 per square foot, and an average square footage of 650 square feet. The Rio I at 35 Merton St registers an average lease rent of $2,850 per month, $3.06 per square foot, and 931 square feet. Life at 68 Merton St records an average lease rent of $2,577 per month, $4.30 per square foot, and 608 square feet. Greenwich Terrace at 111 Merton St currently reports no closed leases in the past 180 days.

MYC - Merton Yonge Condos delivers a balanced value proposition, trading at an average lease rate of $4.06 per square foot across an average suite size of 686 square feet compared to the broader submarket average asking rate of $4.27 per square foot. Renters weigh specific trade-offs across the micro-market: while older alternatives like The Rio I offer larger average footprints of 931 square feet at a lower rate of $3.06 per square foot, and newer compact builds like Life provide smaller 608 square foot layouts at a higher rate of $4.30 per square foot, MYC - Merton Yonge Condos strikes a middle ground. Against immediate peers, the subject building trades at a $0.21 per square foot premium over The Radius (which averages 650 square feet at $3.85 per square foot) while offering 36 more square feet of interior space, and trades at a $0.24 per square foot discount below Life while providing 78 more square feet of interior space.

MYC - Merton Yonge Condos provides a robust, lifestyle-oriented amenity package that rivals or exceeds the offerings found across turn-of-the-century and mid-2010s neighboring properties. Residents enjoy five signature amenities: a Concierge & Security system, a fully equipped Gym & Fitness Centre, a dedicated Media & Theatre Room, a spacious Party & Lounge Room, and an expansive Rooftop Terrace complemented by a Dining Room & Kitchen, Games & Billiards Room, Meeting Room, and BBQ Area. When contrasted with nearby competitors, MYC - Merton Yonge Condos matches standard offerings like the fitness facilities and meeting rooms found at The Radius and Life, while surpassing older properties like The Rio I by integrating modern entertainment spaces such as a private media room rather than traditional hot tubs or saunas. This comprehensive amenity suite particularly appeals to urban professionals and couples seeking turnkey building amenities combined with direct transit access along the Yonge corridor.