2221 Yonge — Rental Market Data

2221 Yonge features 12 active listings as of August 31, 2026, spanning a price range of $2,150 to $5,800 per month, an average asking rent of $2,700 per month, and a median asking rent of $2,300 per month. Active suites average 669 square feet with an average asking rate of $4.32 per square foot, and inventory leans toward compact entry-level layouts complemented by multi-bedroom executive options.

The dominant active layout at 2221 Yonge is the 1-Bedroom + Den tier, representing 5 active listings and 41.7% of total current inventory. The 1-Bedroom tier accounts for 4 active listings or 33.3% of the market with an average rent of $2,238 per month across an average of 575 square feet at $3.91 per square foot. Meanwhile, the 2-Bedroom tier provides 3 listings, representing 25.0% of available inventory with an average rent of $3,950 per month across an average of 854 square feet at $5.92 per square foot.

2221 Yonge demonstrates a minimum entry rent of $2,150 per month and a peak asking rent of $5,800 per month, creating a dollar spread of $3,650 and a percentage spread of 169.8%. Median asking rent sits at $2,300 per month, with the entry-level tier anchored by a 1-Bedroom suite spanning 550 square feet at an asking rate of $3.91 per square foot, while the peak tier is represented by a 2-Bedroom suite offering 1,500 square feet at an asking rate of $3.87 per square foot.

2221 Yonge carries an active den premium of $83 per month associated with a 58-square-foot expansion in size. The marginal cost for this additional den space equates to $1.43 per square foot, while active parking stall premiums cannot be reliably isolated from current listings due to an insufficient sample.

Asking rent at 2221 Yonge averages $2,700 per month at $4.32 per square foot, comparing against the North Midtown submarket asking benchmark of $2,803 per month at $4.27 per square foot. The nominal rent variance is influenced by suite sizing, and the building's asking rate per square foot tracks 1.2% higher than the broader submarket while representing 5.2% of submarket active inventory.

At 2221 Yonge, the average lease rent is $2,462 per month, which sits below the overall competitive set average of $2,727 per month across the primary benchmark buildings. Individual competitor performance varies across the micro-market, led by Quantum 2 - The North Tower at 2191 Yonge St with an average lease rent of $3,190 per month, $3.56 per square foot, and an average size of 899 square feet. 43 Eglinton Avenue East at 43 Eglinton Ave E reports an average lease rent of $2,560 per month, $3.80 per square foot, and 689 square feet. E Condos - South Tower at 8 Eglinton Ave E records an average lease rent of $2,430 per month, $4.17 per square foot, and 588 square feet. Finally, Quantum 1 - The South Tower at 2181 Yonge St achieves an average lease rent of $2,728 per month, $3.75 per square foot, and 738 square feet.

The value proposition of 2221 Yonge centers on offering a more competitive rate per square foot and modern suite efficiency compared to several established nearby alternatives and the broader submarket benchmark of $4.19 per square foot. Renters evaluating 2221 Yonge against Quantum 2 - The North Tower (which features larger 899 square foot layouts at $3.56 per square foot) or E Condos - South Tower (which commands a higher rate of $4.17 per square foot across compact 588 square foot footprints) trade off older floor plans or higher square foot costs for contemporary 2021 finishes and optimized spatial design. Compared to Quantum 1 - The South Tower at $3.75 per square foot across 738 square feet and 43 Eglinton Avenue East at $3.80 per square foot across 689 square feet, 2221 Yonge delivers balanced modern utility.

Residents at 2221 Yonge enjoy an extensive lifestyle and amenity profile that compares favorably against established neighborhood peers. Signature amenities at the subject property include an indoor pool, a dedicated yoga studio, a comprehensive gym and fitness centre, a rooftop terrace, and spa treatment rooms. By comparison, Quantum 2 - The North Tower offers an indoor pool, yoga studio, gym, and rooftop terrace alongside a library and music room, while Quantum 1 - The South Tower features an indoor pool, yoga studio, gym, rooftop terrace, and a specialized car wash bay. E Condos - South Tower incorporates a boxing studio and technology lounges alongside its pool and gym, and 43 Eglinton Avenue East provides a golf simulator alongside standard fitness and social spaces. This robust amenity package serves professionals and lifestyle-focused renters seeking a complete wellness and entertainment ecosystem.