Quantum 1 - The South Tower — Rental Market Data

Quantum 1 – The South Tower's all-time average realized lease rent of $2,728 per month sits $382 below the four-comp benchmark of $3,110, with the spread driven primarily by the high-rent Thirty Holly outlier and the larger-footprint Quantum 2. Against Quantum 2 – The North Tower at 2191 Yonge Street (0.06 km, 17 closed leases, $3,190 average rent, $3.56 per square foot, 899 square feet), the subject trades at a lower monthly rent by $462. Y&S Condos at 20 Soudan Avenue (0.08 km, 25 closed leases, $2,589 average rent, $4.40 per square foot, 602 square feet) posts a rent $139 below the subject. Thirty Holly at 30 Holly Street (0.10 km, 1 closed lease, $4,200 average rent, $3.82 per square foot, 1,100 square feet) carries a rent $1,472 above the subject, though its single-transaction sample limits pricing reliability. 2221 Yonge at 2221 Yonge Street (0.11 km, 63 closed leases, $2,461 average rent, $3.95 per square foot, 639 square feet) records a rent $267 below the subject.

Quantum 1 – The South Tower leases at $3.75 per square foot on an average 738-square-foot suite, trading below the four-comp benchmark of $3.93 per square foot and 810 square feet while offering a smaller interior footprint than the comp set average. Versus Quantum 2 – The North Tower, the subject commands a $0.19 per square foot (5.3%) premium yet provides 161 fewer interior square feet, meaning the $462 lower nominal rent is a function of the reduced footprint rather than a weaker rate. Against Y&S Condos, the subject trades at a $0.65 per square foot (14.8%) discount while delivering 136 more interior square feet, so the $139 higher monthly rent reflects the larger suite rather than a rate premium. Thirty Holly, with its single closed lease, shows the subject at a $0.07 per square foot (1.8%) discount and 362 fewer square feet, a comparison limited by minimal transaction volume. 2221 Yonge presents the clearest trade-off: the subject trades at a $0.20 per square foot (5.1%) discount but provides 99 more interior square feet, making the $267 higher monthly rent a direct consequence of the expanded footprint.

Quantum 1 – The South Tower fields a 16-feature amenity suite anchored by an indoor pool, hot tub and jacuzzi, car wash bay, and a dedicated yoga studio—lifestyle infrastructure that distinguishes it from several nearby peers. Quantum 2 – The North Tower mirrors most of the subject's wellness and social offerings but adds a library, music room, and firepit while lacking the car wash bay and hot tub. Y&S Condos, the newest building in the set, swaps aquatic facilities for a pet wash station, coffee bar, and dedicated children's play areas, targeting families with young children rather than the wellness-oriented renter. Thirty Holly offers a stripped-down eight-amenity package with no pool, no car wash, and no dining room, reflecting its 1987 construction era. 2221 Yonge matches the subject's aquatic and fitness core but adds spa treatment rooms, while the subject counters with the car wash bay and a dedicated dining room and kitchen. The building's full-service lifestyle package—combining aquatic recreation, fitness, remote-work infrastructure, and convenience services like the car wash bay—best serves the professional renter in their late twenties to mid-thirties who values turnkey convenience and on-site wellness over family-oriented or ultra-luxury positioning.