Verde - Soul Condos IV — Rental Market Data

Verde - Soul Condos IV has 18 active listings as of August 31, 2026, offering a price range of $1,900 to $4,200 per month with an average asking rent of $2,460 and a median asking rent of $2,300 per month. Active inventory averages 620 square feet in size with an average asking rate of $4.11 per square foot. The active inventory leans heavily toward compact and mid-sized layouts, with 1-Bedroom + Den configurations dominating the current availability pool.

The dominant active layout at Verde - Soul Condos IV is the 1-Bedroom + Den, accounting for 9 listings and a 50.0 percent share of current inventory. The building also features 1-Bedroom suites across 3 listings holding a 16.7 percent share with an average rent of $2,033 per month across an average of 400 square feet at $5.08 per square foot, alongside 2-Bedroom suites spanning 5 listings and a 27.8 percent share averaging $2,666 per month across 690 square feet at $3.87 per square foot. Additionally, a single 3-Bedroom+ suite represents 5.6 percent of active inventory, asking $4,200 per month across 1,368 square feet at $3.07 per square foot.

Verde - Soul Condos IV features a minimum entry rent of $1,900 per month and a peak asking rent of $4,200 per month, creating a dollar spread of $2,300 or a 121.1 percent spread. The median asking rent sits at $2,300 per month across all active suites. The entry-level tier consists of a 1-Bedroom suite offering 400 square feet at an asking rate of $4.75 per square foot, whereas the peak suite is a 3-Bedroom+ layout spanning 1,368 square feet at $3.07 per square foot.

Verde - Soul Condos IV commands an active den premium of $261 per month for a square footage delta of 172 square feet. This additional den space requires a marginal cost of $1.52 per square foot. Verified parking stalls are available for an additional $166 per month.

Verde - Soul Condos IV asks an average rent of $2,460 per month at $4.11 per square foot, comparing against the Don Valley North submarket asking benchmark of $2,608 per month at $3.93 per square foot. Nominal monthly asking rents track slightly below submarket averages due to the building's compact average suite sizing, while the building's asking rate per square foot sits 4.6 percent above the submarket asking benchmark. This active inventory accounts for 18 units out of 225 total active listings across the submarket.

Verde - Soul Condos IV achieves an average lease rent of $2,179 per month, comparing closely against the broader competitor group average of $2,300 per month across established local benchmarks like Vivo - Soul Condos III, Soul Condos - Phase 1, Connect Condos - Soul II, and Ultra at Heron's Hill. Vivo - Soul Condos III (180 Fairview Mall Dr) reports an average lease rent of $2,288 per month at $3.87 per square foot across an average of 617 square feet. Soul Condos - Phase 1 (150 Fairview Mall Dr) posts an average lease rent of $2,292 per month at $3.93 per square foot across 599 square feet. Connect Condos - Soul II (128 Fairview Mall Dr) records an average lease rent of $2,228 per month at $4.16 per square foot across 555 square feet. Ultra at Heron's Hill (2015 Sheppard Ave E) averages $2,390 per month at $3.39 per square foot across a larger average layout of 720 square feet.

Verde - Soul Condos IV positions itself as a modern, efficiently scaled option in the Don Valley North micro-market, offering a realized lease rate of $3.97 per square foot across an average of 566 square feet against a submarket average asking rate of $3.93 per square foot. Renters evaluating Verde - Soul Condos IV trade slightly more compact, contemporary floor plans for cutting-edge interior finishes and lower long-term operating and utility burdens compared with older, larger alternatives. For instance, Ultra at Heron's Hill (2015 Sheppard Ave E) provides larger average footprints of 720 square feet at a lower rate of $3.39 per square foot due to its 2013 construction vintage, whereas Connect Condos - Soul II (128 Fairview Mall Dr) commands a higher rate of $4.16 per square foot across smaller 555-square-foot layouts.

Verde - Soul Condos IV delivers an extensive suite of contemporary resident facilities that outperform many surrounding developments in scale and diversity. The building features signature amenities including a dedicated Pet Wash Station, an indoor Kids' Play Room, a professional Business Centre, a versatile Yoga Studio, and an expansive Rooftop Terrace, directly outclassing older peers like Ultra at Heron's Hill (which offers traditional outdoor and indoor pools, shuttle services, and tennis courts but lacks modern pet and remote-work conveniences) and matching the core wellness offerings found at adjacent newer phases like Vivo - Soul Condos III and Connect Condos - Soul II. This robust amenity package particularly serves young professionals, pet owners, and growing remote-working households seeking master-planned convenience.