O2 Maisonettes on George — Rental Market Data

O2 Maisonettes on George has one active listing as of August 31, 2026, asking $4,100 per month with both the average and median rent at $4,100. The available suite spans 1,100 square feet at an asking rate of $3.73 per square foot. The entire active inventory consists of a single two-bedroom layout, representing 100 percent of available units, which positions the building's current offering squarely in the multi-bedroom executive tier rather than the compact entry-level segment.

The sole active layout at O2 Maisonettes on George is a two-bedroom suite, accounting for 100 percent of the building's one available listing. That single unit asks $4,100 per month across 1,100 square feet, yielding a rate of $3.73 per square foot. No one-bedroom, studio, or three-bedroom units are currently on the market, so renters in those tiers have zero in-building options at this time.

With only one active listing at O2 Maisonettes on George, the minimum and maximum asking rents both sit at $4,100 per month, producing a dollar spread of $0 and a percentage spread of 0 percent. The entry-level and peak suite are the same unit: a two-bedroom layout of 1,100 square feet priced at $3.73 per square foot. A meaningful pricing spread cannot be calculated until additional units enter the market.

Den premium and square-footage delta data for O2 Maisonettes on George are unquantified, as no paired den versus non-den active listings exist to isolate a marginal cost per additional square foot. Active parking stall premiums also cannot be reliably isolated from the current dataset due to an insufficient paired sample, so no specific monthly parking fee can be quoted for the building's one available unit.

O2 Maisonettes on George asks $4,100 per month and $3.73 per square foot, compared to the Downtown East submarket averages of $2,636 per month and $4.36 per square foot. The building's nominal rent runs 55.6 percent above the submarket asking average, yet its per-square-foot rate is 14.4 percent below the submarket benchmark because the 1,100-square-foot suite is 495 square feet larger than the submarket implied average of 605 square feet. The building represents 1 out of 192 active listings in the Downtown East submarket, or roughly 0.5 percent of total available inventory.

O2 Maisonettes on George realizes an average lease rent of $2,821 per month, which is $302 above the four-comp benchmark of $2,519 and $392 above the Downtown East submarket average of $2,429. Against individual competitors, the subject commands a higher monthly rent than every active peer: $39 higher than Garden District Condos at 47 Mutual St (0.16 km, 24 closed leases, $2,782 average rent, $3.92 per square foot, 716 sq ft), $225 higher than Ivy Condos at 65 Mutual St (0.16 km, 31 closed leases, $2,596 average rent, $4.24 per square foot, 624 sq ft), $527 higher than Grid Condos at 181 Dundas St E (0.17 km, 90 closed leases, $2,294 average rent, $4.13 per square foot, 563 sq ft), and $418 higher than Max Condos at 77 Mutual St (0.18 km, 51 closed leases, $2,403 average rent, $4.33 per square foot, 567 sq ft). All four competitors recorded active lease transactions in the trailing 180 days, so each provides a realized pricing benchmark rather than a speculative reference.

O2 Maisonettes on George leases at $2.75 per square foot on an average 1,023-square-foot suite, trading at a significant discount below every active competitor on a per-square-foot basis while delivering substantially more interior area. Against Garden District Condos, the subject trades at a $1.17 per square foot (29.8 percent) discount and provides 307 more interior square feet; against Ivy Condos, the discount widens to $1.49 per square foot (35.1 percent) with 399 additional square feet; against Grid Condos, the subject offers a $1.38 per square foot (33.4 percent) discount and 460 more square feet; and against Max Condos, the discount reaches $1.58 per square foot (36.5 percent) with 456 extra square feet. The nominal rent premium over each competitor is driven entirely by the building's maisonette footprint—nearly double the average comp suite—rather than a higher valuation per unit of space. A renter paying $2,821 at O2 Maisonettes on George is buying roughly 1,023 square feet at $2.75 per square foot, whereas the same budget at Grid Condos would purchase approximately 563 square feet at $4.13 per square foot, making the subject the clear space-per-dollar play in this pocket.

O2 Maisonettes on George offers a mid-tier amenity package—concierge and security, gym and fitness centre, party and lounge room, meeting room, BBQ area, rooftop terrace, and garden and courtyard—that is materially thinner than the lifestyle suites at all four nearby competitors. Garden District Condos adds a yoga studio, games and billiards room, dining room and kitchen, indoor kids' play room, and a pet wash station; Ivy Condos layers in an EV charging station, business centre, media and theatre room, library and reading room, dining room and kitchen, pet wash station, and a bike repair shop; Grid Condos includes a spin studio, media and theatre room, business centre, library and reading room, dining room and kitchen, pet wash station, and a learning centre; and Max Condos provides a business centre, yoga studio, library and reading room, media and theatre room, dining room and kitchen, and games and billiards room. The subject's rooftop terrace and garden and courtyard are shared with Garden District Condos, but the absence of dedicated wellness studios, remote-work infrastructure, dining facilities, and pet services across the board positions O2 Maisonettes on George as a no-frills, space-first residential building that appeals to cost-conscious professionals and small families who prioritize 1,000-plus square feet of private interior over communal lifestyle programming.