Forest Glen I — Rental Market Data

Forest Glen I has two active listings as of August 31, 2026, with asking rents ranging from $2,800 to $3,000 per month, an average of $2,900, and a median of $2,900. Both available suites average 1,075 square feet at $2.70 per square foot, and 100 percent of active inventory falls in the three-bedroom-plus tier. The current listing pool leans entirely toward larger multi-bedroom executive layouts rather than compact entry-level suites, reflecting a building whose historical lease base was dominated by two-bedroom units.

The sole active layout at Forest Glen I is the three-bedroom-plus tier, accounting for both available units and 100 percent of active inventory. Each of the two listings averages $2,900 per month over 1,075 square feet at $2.70 per square foot, with no one-bedroom or two-bedroom suites currently on the market. Renters seeking smaller footprints will need to look to other buildings within the Dundas submarket, where 61 active listings are available across a broader range of bedroom configurations.

Forest Glen I's active asking rents span from a minimum of $2,800 to a peak of $3,000 per month, a dollar spread of $200 or 7.1 percent. The median asking rent sits at $2,900 per month. The entry-level listing is a three-bedroom-plus suite of 1,050 square feet at $2.67 per square foot, while the peak listing is a three-bedroom-plus unit of 1,100 square feet at $2.73 per square foot, confirming that the modest spread is driven by a 50-square-foot difference in suite size rather than a layout-tier jump.

Forest Glen I does not have quantified den premiums or square-footage deltas for active listings, as no paired den versus non-den data is available in the current sample. Parking stall costs also cannot be reliably isolated from the available transaction data, and no verified monthly parking add-on figure can be quoted for either active or recently leased units. Prospective renters should request a direct parking quote from the property manager before signing a lease.

Forest Glen I's active asking average of $2,900 per month at $2.70 per square foot compares to the Dundas submarket asking benchmark of $2,352 per month at $3.32 per square foot. The building's nominal rent runs $548 higher than the submarket average, but this variance is fully explained by suite size: Forest Glen I's active units average 1,075 square feet versus the submarket implied average of 708 square feet, a 367-square-foot advantage. On a per-square-foot basis, the building trades 18.7 percent below the submarket asking rate, and its two active listings represent 2 out of 61 total available units in the Dundas submarket.

Forest Glen I's average realized lease rent of $2,603 per month sits $309 above the four-comparable benchmark of $2,294, with the spread driven by two lower-rent peers pulling the average down. 1950 Main West at 1950 Main St W (0.07 km, 4 closed leases) realized $1,863 per month at $2.75 per square foot for 679 square feet, placing the subject $740 higher in nominal rent. Forest Glen II at 1966 Main St W (0.08 km, 1 closed lease) closed at $2,850 per month, $247 above the subject. Forest Glen III at 1968 Main St W (0.15 km, 2 closed leases) realized $2,663 per month, $60 above the subject. 57 Mericourt Road (0.66 km, 1 closed lease) recorded $1,800 per month, with the subject commanding $803 more in monthly rent. All four comparables carry at least one closed lease transaction, so each provides a realized pricing reference rather than a zero-volume architectural placeholder.

Forest Glen I leases at $2.98 per square foot for an average 900-square-foot suite, positioning it above the comp-set average of $2.54 per square foot and 906 square feet while remaining below the Dundas submarket leased benchmark of $3.20 per square foot. Against 1950 Main West, the subject commands a $0.23 per square foot (8.4%) premium and provides 221 more interior square feet, meaning the $740 higher nominal rent reflects both a larger footprint and a higher rate. Forest Glen II presents the inverse trade-off: the subject trades at a $0.39 per square foot (15.1%) premium yet delivers 200 fewer square feet, so the $247 lower nominal rent is a function of the smaller interior footprint rather than weaker asset valuation. Forest Glen III shows a similar pattern—the subject commands a $0.55 per square foot (22.6%) premium while providing 196 fewer square feet, keeping the nominal rent only $60 below the comp. 57 Mericourt Road, the newest build, sees the subject at a $0.58 per square foot (24.2%) premium with 150 more square feet, driving an $803 higher monthly rent.

Forest Glen I offers a ten-amenity lifestyle package including an indoor pool, sauna and steam room, gym, tennis and pickleball court, concierge and security, and a BBQ area, placing it ahead of three of its four nearby competitors on recreational breadth. 1950 Main West provides only a party room, meeting room, and shared laundry—lacking any aquatic, fitness, or outdoor recreation facilities that the subject includes. Forest Glen II matches the subject on pool, sauna, gym, and social spaces but omits the tennis and pickleball court. Forest Glen III is the closest amenity peer, adding a library and reading room that the subject does not carry, while 57 Mericourt Road offers merely a shared laundry room and 24-hour access. The subject's aquatic-and-sports combination—indoor pool paired with an outdoor tennis and pickleball court—serves active, family-oriented renters in the Dundas corridor who want resort-style recreation without leaving the building, a package none of the other three nearby competitors replicates in full.