South Kingsway Village II — Rental Market Data

South Kingsway Village II has exactly one active listing as of August 31, 2026, asking $3,500 per month with both the average and median rent at that same figure. The available suite spans 1,100 square feet at an asking rate of $3.18 per square foot, and it is a two-bedroom-plus-den layout that accounts for 100 percent of current active inventory. With only a single unit on the market, the building's available stock leans entirely toward a spacious multi-bedroom executive layout rather than compact entry-level suites, and renters in the High Park submarket should note this represents just one of 29 total active listings across the area.

The sole active layout at South Kingsway Village II is a two-bedroom-plus-den unit, representing 100 percent of the building's current available inventory as a single listing. That one unit asks $3,500 per month across 1,100 square feet, yielding a rate of $3.18 per square foot. No studio, one-bedroom, or standard two-bedroom units are currently listed, so renters seeking smaller footprints at this address will find zero options and must turn to the 28 other active listings in the High Park submarket.

South Kingsway Village II's single active listing sets both the minimum and maximum asking rent at $3,500 per month, producing a dollar spread of zero and a percentage spread of zero percent. The median asking rent is likewise $3,500, and the entry-level suite in this case is the same two-bedroom-plus-den layout at 1,100 square feet and $3.18 per square foot. Because only one unit is on the market, there is no peak-versus-entry contrast to draw; the entire active pricing range collapses into a single data point that sits $700 above the High Park submarket average asking rent of $2,800.

South Kingsway Village II's active den premium and square-footage delta cannot be quantified from the current data, as the single listing is already a two-bedroom-plus-den unit with no comparable den-less counterpart to isolate the marginal cost of the extra room. Parking stall premiums are similarly unquantifiable; the paired sample is insufficient or contains anomalous outliers, so no reliable monthly parking add-on figure can be quoted for this building. Renters should budget for parking separately and confirm availability directly with the leasing office.

South Kingsway Village II's active asking rent of $3,500 per month exceeds the High Park submarket average asking rent of $2,800 by $700, yet its rate of $3.18 per square foot is 18 percent below the submarket asking benchmark of $3.88 per square foot. The nominal rent gap is entirely a function of suite size: the building's 1,100-square-foot two-bedroom-plus-den layout is materially larger than the average High Park listing, so the higher monthly figure reflects more space rather than a premium rate. South Kingsway Village II accounts for one out of 29 active listings in the High Park submarket, a share of roughly 3.4 percent of total available inventory.

South Kingsway Village II's average realized lease rent of $3,650 per month sits $982 above the four-comp benchmark of $2,668 per month, a gap driven by the subject's 1,100-square-foot suites versus the comp average of 739 square feet. South Kingsway Village III at 24 Southport St (0.08 km, 2 closed leases) averaged $2,975 per month at $3.48 per square foot across 850 square feet, meaning the subject commands a $675-per-month higher rent than that direct neighbour. NXT 2 at 105 The Queensway Ave (0.19 km, 23 closed leases) averaged $2,360 per month at $3.90 per square foot across 628 square feet, placing the subject $1,290 per month above that benchmark. Southampton at 1 Ripley Ave (0.09 km) and South Kingsway Village I at 20 Southport St (0.10 km) each recorded zero closed leases over the trailing 180 days and therefore carry no realized rent figure to benchmark against.

South Kingsway Village II leases at $3.29 per square foot across 1,100 square feet of interior space, a rate that trades at a discount below both active nearby alternatives while delivering materially more floor area than either. Against South Kingsway Village III (850 sq ft, $3.48 per square foot), the subject offers a $0.19-per-square-foot (5.5%) discount and 250 additional square feet of interior space; the higher nominal rent of $675 per month is a function of that extra footprint, not a higher per-unit valuation. Against NXT 2 (628 sq ft, $3.90 per square foot), the subject trades at a $0.61-per-square-foot (15.6%) discount and provides 472 more square feet, so the $1,290-per-month rent premium over NXT 2 is entirely explained by the subject's larger suite size rather than a stronger asset-level rate. In both cases the renter pays more in absolute dollars but less per square foot, making the subject a space-maximizing option for tenants prioritizing interior area over a compact, higher-rate-per-foot product.

South Kingsway Village II offers a 15-item amenity suite that includes two features absent from every nearby competitor: a dedicated Hobby Room and building-wide Common Area Wi-Fi. South Kingsway Village III (24 Southport St) matches the subject on most lifestyle offerings—indoor pool, hot tub, gym, squash court, basketball court, and library—but lacks both the Hobby Room and the Common Area Wi-Fi provision. NXT 2 (105 The Queensway Ave) differentiates with an outdoor pool, rooftop terrace, dog run, childcare centre, and business centre, yet omits the subject's hot tub and jacuzzi, basketball court, squash and racquetball court, library and reading room, Hobby Room, and Common Area Wi-Fi. The subject's package leans toward active indoor recreation (basketball, squash, pool, sauna) combined with a social and creative layer (Hobby Room, games room, media theatre), a combination that best serves families and multi-generational households seeking a full-service residential community without the premium per-square-foot pricing of the 2013-era NXT 2 product.