2 Grandstand Place — Rental Market Data

2 Grandstand Place features 2 active listings as of August 31, 2026, with an asking price range, average rent, and median rent per month all fixed at $2,595 per month. Active units average 750 square feet with an asking rate of $3.46 per square foot. The building's active inventory is exclusively comprised of 2-bedroom floor plans, representing a 100 percent share that skews entirely toward multi-occupant executive layouts.

The dominant active layout at 2 Grandstand Place is the 2-Bedroom configuration, which accounts for 2 active listings and a 100 percent inventory share. This layout tier represents a small selection averaging $2,595 per month across 750 square feet at an asking rate of $3.46 per square foot. Zero units are currently available across 1-bedroom, studio, or 3-bedroom categories.

At 2 Grandstand Place, the minimum entry rent and peak asking rent both sit at $2,595 per month, resulting in a dollar spread of $0 per month and an asking spread percentage of 0 percent. The median asking rent matches this single price point at $2,595 per month. The entry-level suite is a 2-bedroom layout spanning 750 square feet at $3.46 per square foot, which mirrors the peak suite configuration exactly.

Active den premium data for 2 Grandstand Place is currently unavailable as active units do not feature distinct den configurations or square footage deltas. Consequently, marginal cost per square foot metrics for additional dens cannot be quantified. Active parking stall costs also cannot be reliably isolated due to an insufficient paired sample.

Asking rents at 2 Grandstand Place average $2,595 per month at $3.46 per square foot, comparing against the East York submarket asking averages of $2,211 per month and $3.08 per square foot. The building's nominal monthly rent variance is driven by uniform suite sizing, with the asking rate per square foot tracking 12.3 percent above submarket asking benchmarks. The property currently accounts for a minor share of total submarket inventory with 2 active listings.

At 2 Grandstand Place, average lease rents sit at $2,495 per month, standing higher than the overall comp average of $2,035 per month and benchmarking against key nearby competitors such as 42 Thorncliffe Park Drive and Glen Valley. Specifically, 42 Thorncliffe Park Drive (located at 42 Thorncliffe Park Drive) reports an average lease rent of $1,800 per month at $2.77 per square foot across an average of 650 square feet. Glen Valley (located at 715 Don Mills Road) records an average lease rent of $2,167 per month at $2.97 per square foot across 733 square feet. Glen Valley Condos (located at 735 Don Mills Road) achieves an average lease rent of $2,138 per month at $2.72 per square foot across an average of 800 square feet. Centennial Towers (located at 65 Thorncliffe Park Drive, built in 1966) currently has no closed lease data reported in the past 180 days.

The value proposition at 2 Grandstand Place centers on its premium rate of $3.33 per square foot for an average 750-square-foot footprint, which trades above the submarket average asking rate of $3.08 per square foot and nearby options like Glen Valley Condos at $2.72 per square foot and 42 Thorncliffe Park Drive at $2.77 per square foot. Prospective renters evaluating 2 Grandstand Place versus older alternatives must weigh distinct trade-offs between modern asset quality and raw space. While 1970s-era alternatives like Glen Valley Condos offer larger average footprints of 800 square feet at lower rates per square foot, tenants at 2 Grandstand Place benefit from superior layout efficiency, contemporary interior finishes, lower long-term utility burdens, and brand-new building infrastructure.

The lifestyle and amenity profile at 2 Grandstand Place delivers a streamlined, modern resident experience that contrasts with the expansive, legacy facility packages found in established neighboring co-ownership towers. Signature amenities at 2 Grandstand Place include secure Concierge & Security services, a convenient Shared Laundry Room, modern structural soundproofing, contemporary common area finishes, and efficient building access control. By comparison, mature competitors such as Glen Valley Condos at 735 Don Mills Road offer extensive multi-room amenity suites including an Indoor Pool, Gym & Fitness Centre, Sauna & Steam Room, Party & Lounge Room, Games & Billiards Room, Library & Reading Room, Business Centre, Garden & Courtyard, and an Outdoor Children's Playground, while 42 Thorncliffe Park Drive features a Dog Run alongside basic laundry and security. This amenity differential positions 2 Grandstand Place ideally for urban professionals and households prioritizing low-maintenance, brand-new construction and security over legacy recreational facilities.