Centre Park Condos - East Building — Rental Market Data

Centre Park Condos – East Building carries exactly one active listing as of August 31, 2026, asking $2,600 per month with both the average and median rent at $2,600. The available suite spans 750 square feet at an asking rate of $3.47 per square foot, and the 100 percent layout share belongs to a one-bedroom plus den configuration. With only a single unit on the market, inventory is neither skewed toward compact entry-level suites nor multi-bedroom executive layouts; it represents one mid-sized, den-equipped bedroom unit in an otherwise fully occupied tower.

The sole active layout at Centre Park Condos – East Building is a one-bedroom plus den, accounting for 100 percent of available inventory with a single listing. That unit asks $2,600 per month across 750 square feet, translating to $3.47 per square foot, and no other bedroom tiers—studio, two-bedroom, or three-bedroom—currently appear in the active pipeline. Rents seeking additional bedroom configurations within this building must look to the broader Thornhill submarket, which holds 62 other active listings.

Centre Park Condos – East Building presents a single asking rent of $2,600 per month, making the minimum, maximum, and median all identical with a dollar spread of zero and a percentage spread of zero. The entry-level and peak suite are the same unit: a one-bedroom plus den at 750 square feet and $3.47 per square foot. Because only one listing is active, no internal price gradient exists to compare, and renters evaluating value should benchmark this figure against the Thornhill submarket average asking rent of $2,726 per month.

Centre Park Condos – East Building does not carry a quantified den premium or square-footage delta for its active listing, as the single available unit is already classified as a one-bedroom plus den with no paired comparison to a standard one-bedroom to isolate the marginal cost of the den space. Parking stall premiums likewise cannot be reliably isolated from the current data; the tracking system flags the sample as an anomalous outlier or insufficient paired set, so no specific monthly parking fee should be assumed or quoted for this building.

The active asking rent of $2,600 per month at Centre Park Condos – East Building sits 4.6 percent below the Thornhill submarket average asking rent of $2,726, while the building's $3.47 per square foot asking rate runs 5.2 percent under the submarket asking benchmark of $3.66 per square foot. The nominal rent gap narrows further when footprint is considered: the active suite's 750 square feet closely matches the submarket implied asking footprint of 745 square feet, confirming that the building is not trading at a discount because of a smaller unit but rather offering a modest rate advantage at comparable size. Centre Park Condos – East Building represents one out of 63 total active listings in the Thornhill submarket, or roughly 1.6 percent of available inventory.

Centre Park Condos – East Building's average realized lease rent of $2,340 per month sits $117 below the four-comp benchmark of $2,457, with the primary nearby competitors being Centre Park Condos – West Building and The Fountains – 1. Centre Park Condos – West Building (30 North Park Rd, 0.06 km, 5 closed leases) averaged $2,570 per month at $3.35 per square foot across 771 square feet; Thornhill City Centre I (60 Disera Dr, 0.12 km, 2 closed leases) averaged $2,275 per month at $3.26 per square foot across 700 square feet; The Fountains – 1 (75 North Park Rd, 0.14 km, 6 closed leases) averaged $2,625 per month at $3.93 per square foot across 691 square feet; and Beverley at Thornhill City Centre (15 North Park Rd, 0.16 km, 8 closed leases) averaged $2,356 per month at $3.52 per square foot across 674 square feet. All four competitors posted realized lease data, so no zero-transaction reference is required in this pocket.

Centre Park Condos – East Building leases at $3.62 per square foot across an average 654-square-foot suite, placing it above the comp-set blended rate of $3.52 per square foot while offering roughly 55 fewer interior square feet than the group average. Against Centre Park Condos – West Building, the subject trades at a $0.27 per square foot (8.1%) premium yet provides 117 fewer interior square feet, so the $230-per-month lower nominal rent is driven entirely by the smaller footprint rather than a weaker asset valuation. Versus Thornhill City Centre I, the subject commands a $0.36 per square foot (11.0%) premium and 46 fewer square feet, and here the subject actually realizes $65 more per month despite the tighter plan, reflecting a genuine rate advantage on the older 2006 stock. The Fountains – 1 inverts the picture: the subject trades at a $0.31 per square foot (7.9%) discount below that 2014 building and provides 37 fewer square feet, resulting in a $285-per-month lower rent that mirrors both the lower rate and the smaller suite. Beverley at Thornhill City Centre shows the tightest spread—the subject carries a $0.10 per square foot (2.8%) premium and 20 fewer square feet, yielding just a $16-per-month lower total rent, a near-parity outcome where the modest footprint delta absorbs the rate gap.

Centre Park Condos – East Building fields a 12-item amenity suite that outstrips every direct competitor in this pocket, distinguishing itself through a wellness-and-community package no single peer replicates in full. The subject's Yoga Studio, Library & Reading Room, and Dining Room & Kitchen are absent from all four comparables, while its Rooftop Terrace is missing from The Fountains – 1. In return, the West Building and Beverley each offer a Tennis & Pickleball Court and Hot Tub & Jacuzzi that the East Building does not carry, and Thornhill City Centre I adds a Hot Tub & Jacuzzi. The Fountains – 1 matches the subject on Meeting Room and Media & Theatre Room but lacks the rooftop, yoga, library, and dining components. This lifestyle mix—combining aquatic access (Indoor Pool), dedicated fitness (Gym, Yoga Studio), remote-work infrastructure (Meeting Room), social gathering space (Dining Room, Party Lounge), and quiet retreat (Library, Sauna & Steam Room)—is best suited to professional tenants aged 28 to 45 who value a turnkey wellness and community environment without the court-and-jacuzzi emphasis of the 2006-era towers or the higher per-square-foot cost of the 2014 Fountains.