The High Park — Rental Market Data

The High Park has two active rental listings as of August 31, 2026, with asking rents ranging from $2,400 to $2,550 per month and an average and median of $2,475 per month. Both suites measure 550 square feet at an asking rate of $4.50 per square foot. The entire active inventory consists of one-bedroom layouts, representing 100 percent of available units, so current stock is concentrated in compact entry-level one-bedroom suites rather than multi-bedroom executive configurations.

The dominant and sole active layout at The High Park is the one-bedroom, with two listings comprising 100 percent of available inventory. Both one-bedroom units average $2,475 per month across 550 square feet at $4.50 per square foot, forming a small but uniform selection. No studio, two-bedroom, or three-bedroom units are currently listed, leaving renters with a single layout tier to choose from.

The High Park's active asking rents span from $2,400 to $2,550 per month, a $150 spread representing 6.3 percent of the entry price. The median asking rent sits at $2,475 per month. The entry-level suite is a one-bedroom at 550 square feet priced at $4.36 per square foot, while the peak asking unit is also a one-bedroom at 550 square feet but listed at $4.64 per square foot, reflecting a modest internal premium for the higher-priced listing.

Den premiums and square-footage deltas at The High Park cannot be quantified from current active data, as no paired den versus non-den listings exist in the available sample. Parking stall costs likewise cannot be reliably isolated; the platform flags the parking premium as an unreliable outlier or insufficient sample, so no specific monthly parking fee should be assumed. Renters should request a direct parking quote from the leasing office before committing to a lease.

The High Park's active asking rate of $4.50 per square foot runs 16 percent above the High Park submarket asking benchmark of $3.88 per square foot, while the nominal average rent of $2,475 per month sits below the submarket asking average of $2,800 per month. This variance resolves through suite sizing: The High Park's 550-square-foot one-bedrooms are more compact than the submarket average, so the lower monthly figure does not indicate a cheaper per-unit-area deal. The building currently holds two out of 29 available listings in the High Park submarket, representing roughly 6.9 percent of total active inventory.

The High Park's average realized lease rent of $2,525 per month sits $875 below the overall comp benchmark of $3,400, with Twenty Gothic at High Park (20 Gothic Ave, 0.07 km) as the primary active competitor at $3,400 per month across three closed leases. Twenty Gothic at High Park, completed in 2009, averaged $4.06 per square foot over 867 square feet across its three trailing-180-day lease transactions. High Park Green I (50 Quebec Ave, 0.18 km, built 1977), Home (383 Ellis Park Rd, 0.18 km, built 2006), and High Park Green II (80 Quebec Ave, 0.21 km, built 1978) each recorded zero closed leases over the past 180 days and therefore carry no realized rent benchmark against which to compare The High Park's pricing.

The High Park commands a $0.53 per square foot (13.1%) premium over Twenty Gothic at High Park while providing 317 fewer interior square feet, meaning the subject's lower nominal monthly rent of $2,525 versus $3,400 is driven entirely by its compact 550-square-foot footprint rather than a weaker asset valuation. Against the submarket leased benchmark of $4.01 per square foot, the subject's $4.59 per square foot rate reflects a premium pricing structure applied to a smaller suite, giving cost-conscious renters a lower total monthly outlay without sacrificing per-unit quality. The trade-off is straightforward: a renter choosing The High Park over Twenty Gothic at High Park accepts 317 fewer square feet of interior space in exchange for an $875-per-month reduction in base rent, making the subject the more budget-efficient option for tenants who prioritize lower fixed costs over expansive living area.

The High Park offers a mid-tier amenity suite—Concierge & Security, Gym & Fitness Centre, Party & Lounge Room, Meeting Room, Dining Room & Kitchen, and Rooftop Terrace—that differentiates it from both the amenity-heavy High Park Green towers and the zero-amenity Home building. The subject's Dining Room & Kitchen is a signature feature absent from every nearby competitor, while Twenty Gothic at High Park adds Games & Billiards, Media & Theatre, and BBQ Area offerings that The High Park does not carry. The 1977 and 1978 High Park Green buildings provide Outdoor Pool, Sauna & Steam Room, Tennis & Pickleball Court, and Library & Reading Room facilities that the subject lacks, but those towers also carry no active lease volume and serve as legacy references rather than direct lifestyle alternatives. Home at 383 Ellis Park Rd provides no common lifestyle or recreational facilities whatsoever, operating as a bare-bones residential building. The High Park's package—concierge security, fitness access, a dedicated dining and kitchen space, meeting room, and rooftop terrace—best serves young professionals and small households in the High Park area who want a modern, low-maintenance living environment with social and remote-work infrastructure without the maintenance burden or premium pricing of pool-and-court complexes.