Twenty One Hillcrest — Rental Market Data

Twenty One Hillcrest carries four active listings as of August 31, 2026, with asking rents ranging from $1,900 to $3,000 per month, an average of $2,488, and a median of $2,525. The average suite measures 647 square feet at an asking rate of $3.96 per square foot, and no single layout dominates the mix—each of the four bedroom tiers holds exactly one listing at 25 percent share. Inventory is balanced between compact entry-level studios and multi-bedroom executive layouts, giving renters a full spectrum of options at this address.

No single layout holds a majority at Twenty One Hillcrest; the four active listings split evenly across Studio, 1-Bedroom, 1-Bedroom + Den, and 2-Bedroom tiers at 25 percent each. The Studio offers 400 square feet at $1,900 per month ($4.75 per square foot), the 1-Bedroom provides 650 square feet at $2,550 ($3.92 per square foot), the 1-Bedroom + Den delivers 687 square feet at $2,500 ($3.64 per square foot), and the 2-Bedroom spans 850 square feet at $3,000 ($3.53 per square foot). Every tier is represented by a single listing, so renters cannot compare multiple units within the same bedroom category at this building.

Twenty One Hillcrest's four active listings span a $1,100 spread from a $1,900 entry point to a $3,000 peak, representing a 57.9 percent range. The median asking rent sits at $2,525 per month, anchoring the mid-range between the two extremes. At the low end, a 400-square-foot Studio asks $1,900 per month at $4.75 per square foot, while the top of the range features an 850-square-foot 2-Bedroom at $3,000 per month and $3.53 per square foot, illustrating that larger suites command a higher total rent but a lower rate per unit of space.

At Twenty One Hillcrest, the active den premium is negative $50 per month for an additional 37 square feet, translating to a marginal cost of negative $1.35 per square foot—meaning the den suite actually costs less per square foot than the base 1-Bedroom. Parking premium data for current listings cannot be reliably isolated due to an insufficient paired sample, and historical lease records do not provide a verified parking benchmark, so no parking add-on figure can be quoted with confidence.

Twenty One Hillcrest's active asking rent of $2,488 per month is $265 below the North York City Centre submarket average of $2,753, yet the building's $3.96 per square foot exceeds the submarket asking benchmark of $3.84 per square foot by 3.1 percent. The lower nominal monthly outlay is driven by more compact suite sizing—an average of 647 square feet—rather than cheaper per-unit pricing, so tenants trade space for a smaller total bill. The building's four active listings represent approximately 1.9 percent of the submarket's 216 total active listings, a modest but meaningful share of available inventory in North York City Centre.

Twenty One Hillcrest's average closed-lease rent of $2,385 per month sits $451 below the four-comparable average of $2,836, making it the most affordable option in this immediate cluster. The Boulevard at 188 Doris Ave (0.06 km) leases at an average of $2,687 per month, $3.55 per square foot, and 784 square feet. Empress Plaza II at 18 Hillcrest Ave (0.08 km) averages $2,659 per month, $3.06 per square foot, and 882 square feet. Pinnacle at Empress Plaza at 8 Hillcrest Ave (0.09 km) records $2,649 per month, $3.78 per square foot, and 720 square feet. Hollywood Plaza II at 28 Hollywood Ave (0.10 km) commands the highest average at $3,350 per month, $3.39 per square foot, and 975 square feet, though its sample of only 2 closed leases over 180 days limits statistical weight.

At $3.51 per square foot and 693 average square feet, Twenty One Hillcrest delivers a mid-range rate per square foot in a micro-market where comps range from $3.06 to $3.78 per square foot, with the subject sitting below the submarket leased benchmark of $3.75 per square foot. Against The Boulevard (784 sq ft at $3.55/SF) and Pinnacle at Empress Plaza (720 sq ft at $3.78/SF), the subject offers a lower rate per square foot—$0.04 and $0.27 below respectively—while providing 91 and 27 fewer interior square feet. Conversely, the subject trades at a $0.45 per square foot premium over Empress Plaza II (882 sq ft at $3.06/SF) and a $0.12 per square foot premium over Hollywood Plaza II (975 sq ft at $3.39/SF), reflecting its newer 2004 construction and amenity depth relative to those 1995–1996 buildings. Tenants choosing Twenty One Hillcrest accept a compact footprint in exchange for a modern building, a tenant-favourable negotiation environment averaging $66 per month below asking, and a full-service amenity suite that older neighbours do not match.

Twenty One Hillcrest's amenity package—featuring an indoor pool, media and theatre room, BBQ area, car wash bay, and games and billiards room—outperforms or differentiates from every nearby competitor on at least four signature features. The indoor pool is absent at both Empress Plaza II and Pinnacle at Empress Plaza, leaving those tenants without a year-round aquatic option. The dedicated media and theatre room has no equivalent at any of the four comparables, giving residents a private screening space that none of the Hillcrest or Hollywood Avenue buildings offer. The outdoor BBQ area is likewise unmatched across the set, while the car wash bay provides a convenience feature that no competitor in this 100-metre radius replicates. Together with the concierge, gym, sauna and steam room, party lounge, meeting room, and games room shared across the cluster, these four exclusive amenities position Twenty One Hillcrest as the lifestyle-forward choice for young professionals and small households who want resort-style recreation and everyday convenience without stepping outside their building.