Pied a Terre in Avondale — Rental Market Data

Pied a Terre in Avondale has two active listings as of August 31, 2026, both asking $1,950 per month with no spread between minimum and maximum rent. The average asking rent is $1,950, the median is $1,950, and both units span 400 square feet at $4.88 per square foot. The entire active inventory consists of studio layouts at 100 percent share, positioning the building squarely in the compact entry-level segment rather than multi-bedroom executive territory.

The dominant and sole active layout at Pied a Terre in Avondale is the studio, with two units representing 100 percent of available inventory. Both studios average 400 square feet and ask $1,950 per month at $4.88 per square foot, forming a small but consistent selection rather than a single isolated listing. No one-bedroom, two-bedroom, or larger configurations are currently on the market.

Pied a Terre in Avondale shows a minimum asking rent of $1,950 and a maximum asking rent of $1,950, producing a dollar spread of zero and a percentage spread of zero percent. The median asking rent is $1,950, and both the entry-level and peak suites are identical 400-square-foot studios priced at $4.88 per square foot. With two units at the same price point, there is no internal pricing gradient for renters to navigate within this building's current availability.

Active den premium data for Pied a Terre in Avondale cannot be quantified, as no den-equipped units are currently listed and the square-footage delta remains unrecorded. Marginal cost per square foot for additional den space is therefore unavailable. Active parking premiums also cannot be reliably isolated due to an insufficient paired sample or anomalous outlier readings; however, verified historical lease data indicates a $125 per month parking stall add-on, which serves as the most reliable reference point for budgeting.

Pied a Terre in Avondale asks $1,950 per month at $4.88 per square foot, compared to the North York City Centre submarket average asking rent of $2,753 and an asking benchmark of $3.84 per square foot. The building's 27.1 percent per-square-foot premium over the submarket is fully explained by suite sizing: at 400 square feet, the studios are materially more compact than the submarket average, which pulls the nominal monthly rent well below the area norm despite the higher unit rate. Pied a Terre in Avondale represents two out of 216 active listings in the North York City Centre submarket, or roughly 0.9 percent of total available inventory.

Pied a Terre in Avondale realized an average lease rent of $1,867 per month over the trailing period, which is $689 below the four-comp benchmark of $2,556 and well under the North York City Centre submarket average of $2,640. One Avondale Lofts at 1 Avondale Ave (0.05 km, 6 closed leases) averaged $2,792 per month at $3.28 per square foot across 850 square feet; Residences of Avondale I at 16 Harrison Garden Blvd (0.08 km, 10 closed leases) averaged $2,470 at $3.84 per square foot over 650 square feet; Flo Condos at 28 Avondale Ave (0.1 km, 2 closed leases) averaged $2,475 at $3.81 per square foot across 650 square feet; and Residences of Avondale II at 18 Harrison Garden Blvd (0.1 km, 9 closed leases) averaged $2,487 at $3.82 per square foot over 662 square feet. Every active competitor therefore closed leases at a nominal monthly rent $603 to $925 above the subject, a gap driven entirely by the subject's 400-square-foot studio footprint rather than a weaker asset valuation.

Pied a Terre in Avondale leases at $4.67 per square foot across 400 square feet, a rate that commands a premium over every active nearby competitor while delivering fewer interior square feet than each one. Against One Avondale Lofts, the subject trades at a $1.39 per square foot (42.4%) premium yet provides 450 fewer interior square feet; against Residences of Avondale I, the subject carries a $0.83 per square foot (21.6%) premium with 250 fewer square feet; against Flo Condos, a $0.86 per square foot (22.6%) premium with 250 fewer square feet; and against Residences of Avondale II, a $0.85 per square foot (22.3%) premium with 262 fewer square feet. The nominal rent gap of roughly $600 to $925 per month is therefore a footprint effect: a renter at Pied a Terre pays more per square foot but for a substantially smaller unit, making the total monthly outlay lower despite the higher unit rate. Tenants choosing this building are trading interior volume for a denser, more centrally located studio at a lower absolute monthly cost than any of the four nearby alternatives.

Pied a Terre in Avondale offers a ten-item amenity suite that includes an indoor pool, business centre, and games and billiards room—features that distinguish it from at least two of its four immediate competitors. One Avondale Lofts (1 Avondale Ave) provides a media and theatre room absent from the subject, while Residences of Avondale I (16 Harrison Garden Blvd) and Residences of Avondale II (18 Harrison Garden Blvd) each add a car wash bay, and the latter further includes a hot tub and jacuzzi, garden and courtyard, and ground-level retail shops that the subject does not carry. Flo Condos (28 Avondale Ave) presents the thinnest amenity set in the pocket, lacking an indoor pool, sauna, meeting room, and business centre. The subject's combination of aquatic wellness (indoor pool, sauna and steam room), remote-work infrastructure (business centre, meeting room), and social recreation (games and billiards room, rooftop terrace, party and lounge room) best serves young professionals and small households in the North York City Centre who want a full-service lifestyle package in a compact studio without the larger monthly commitment of the 650-to-850-square-foot suites at neighbouring towers.