NY Towers II - Waldorf West — Rental Market Data

NY Towers II - Waldorf West carries two active listings as of August 31, 2026, spanning $3,000 to $3,200 per month with an average and median asking rent of $3,100. Both units average 905 square feet at a blended asking rate of $3.43 per square foot. The inventory splits evenly between a 2-Bedroom (50 percent share) and a 2-Bedroom + Den (50 percent share), with no one-bedroom or studio options currently on the market, indicating the available stock skews toward mid-size family layouts rather than compact entry-level suites.

The dominant active layout at NY Towers II - Waldorf West is the 2-Bedroom, represented by a single listing at 50 percent of available inventory. That unit asks $3,000 per month across 850 square feet, equating to $3.53 per square foot. The second tier, a 2-Bedroom + Den, also holds a single listing at 50 percent share, asking $3,200 per month over 960 square feet at $3.33 per square foot. Both tiers are individual transactions with no additional depth in either category.

NY Towers II - Waldorf West shows a $200 spread between its minimum entry rent of $3,000 and peak asking rent of $3,200, a 6.7 percent range. The median asking rent sits at $3,100 per month. The entry-level option is a 2-Bedroom at 850 square feet priced at $3.53 per square foot, while the peak listing is a 2-Bedroom + Den at 960 square feet carrying a lower unit rate of $3.33 per square foot despite the higher absolute rent.

Den premiums at NY Towers II - Waldorf West cannot be reliably quantified from the current two-listing sample, as no paired den versus non-den comparison yields a statistically meaningful marginal cost per square foot. Active parking stall costs are likewise unquoted; the available data reflects an unreliable outlier or insufficient paired sample, and no specific monthly parking figure can be confirmed for prospective renters.

NY Towers II - Waldorf West asks an average of $3,100 per month at $3.43 per square foot, compared to the Don Valley North submarket asking benchmark of $2,635 per month and $3.89 per square foot. The building's nominal rent runs $465 above the submarket average, but that gap is entirely explained by suite size: active units average 905 square feet versus the submarket's implied 677-square-foot norm, a 228-square-foot premium in footprint. On a per-square-foot basis, the building trades at an 11.8 percent discount to the submarket asking rate, and its two active listings represent just 2 out of 260 available units in the broader Don Valley North market.

NY Towers II – Waldorf West realized an average lease rent of $2,688 over its full lease history, which is $343 (14.6%) above the overall comp benchmark of $2,345 and higher than every individual competitor in the set. Against NY Towers II – Waldorf East at 8 Rean Dr (0.06 km, six closed leases, $2,350 average rent, $3.64 per square foot, 652 sq ft), the subject commands $338 more per month. NY Towers – Chrysler East at 3 Rean Dr (0.07 km, nine closed leases, $2,544 average rent, $3.65 per square foot, 719 sq ft) shows the subject trading $144 higher. NY Towers – Chrysler West at 1 Rean Dr (0.08 km, six closed leases, $2,217 average rent, $3.60 per square foot, 622 sq ft) reveals a $471 monthly premium for the subject. The Chelsea at 19 Barberry Pl (0.1 km, five closed leases, $2,269 average rent, $3.64 per square foot, 630 sq ft) shows the subject at $419 above. All four competitors recorded active lease transactions, so each provides a realized rent benchmark rather than a listing-only reference.

NY Towers II – Waldorf West leases at $3.42 per square foot across 796 average square feet, trading at a per-square-foot discount below every active competitor while delivering materially more interior space. Against NY Towers II – Waldorf East, the subject offers a $0.22 per square foot (6.0%) discount and 144 more square feet of interior area; against NY Towers – Chrysler East, the discount widens to $0.23 per square foot (6.3%) with 77 additional square feet; against NY Towers – Chrysler West, the subject provides a $0.18 per square foot (5.0%) discount and 174 more square feet; and against The Chelsea, the discount is $0.22 per square foot (6.0%) with 166 extra square feet. The higher nominal monthly rent at the subject is therefore driven by its expansive suite footprint rather than a rate premium—renters pay more in total dollars because they receive 77 to 174 additional square feet of living space, while the per-square-foot cost remains consistently below each competitor's realized rate.

NY Towers II – Waldorf West fields a 12-item amenity suite that overlaps heavily with its Rean Drive peers but distinguishes itself with a dedicated Yoga Studio absent from all four competitors. The subject shares core wellness infrastructure—Indoor Pool, Hot Tub & Jacuzzi, Sauna & Steam Room, Gym & Fitness Centre, Golf Simulator, Party & Lounge Room, Meeting Room, Media & Theatre Room, Games & Billiards Room, Garden & Courtyard, and Concierge & Security—with Waldorf East, Chrysler East, and Chrysler West. The differentiators run both ways: Waldorf East, Chrysler East, and Chrysler West each offer a Library & Reading Room and BBQ Area that the subject does not, Chrysler East adds a Rooftop Terrace, and The Chelsea provides a Cafe with WiFi. Conversely, The Chelsea lacks the subject's full aquatic and wellness stack (no pool, hot tub, sauna, or golf simulator), making the subject's lifestyle package the most recreation-dense in the immediate set. This amenity profile best serves professionals and active households who prioritize on-site fitness, aquatic recovery, and social programming over café-style casual workspaces or rooftop outdoor access.