The Bayview - Tower — Rental Market Data

The Bayview - Tower has one active listing as of August 31, 2026, asking $4,400 per month, with both the average and median rent at $4,400. Square footage and asking rate per square foot for this unit are not recorded in the current dataset, so those metrics cannot be quoted. The listing is a two-bedroom layout representing 100 percent of active inventory, indicating the building's current availability is confined to a single mid-tier suite rather than a spread across entry-level or executive configurations.

The Bayview - Tower's sole active listing is a two-bedroom unit, accounting for 100 percent of available inventory at $4,400 per month. No one-bedroom or three-bedroom suites are currently listed, and square footage data for the active two-bedroom is unavailable in the current dataset. Renter options at this building are therefore limited to this single two-bedroom transaction, with no alternative bedroom tiers to compare.

The Bayview - Tower shows a minimum asking rent of $4,400 per month and a maximum asking rent of $4,400 per month, producing a dollar spread of $0 and a percentage spread of 0 percent due to the single active listing. The median asking rent is likewise $4,400 per month. Because only one unit is on the market, entry-level and peak suite comparisons collapse into the same two-bedroom listing, and square footage details for this unit are not available to calculate a rate per square foot.

The Bayview - Tower's active den premium and associated square footage delta are unquantified, as no paired den versus non-den listings exist in the current active inventory. Marginal cost per square foot for additional den space therefore cannot be calculated. Active parking stall premiums also cannot be reliably isolated from the available data, as the sample is flagged as an unreliable outlier or insufficient paired set, and no verified parking add-on cost can be quoted for this building.

The Bayview - Tower's active asking rent of $4,400 per month exceeds the Don Valley North submarket average asking rent of $2,635 per month by a substantial margin, though a direct rate-per-square-foot comparison is not possible because the active unit's square footage is unrecorded. The building's historical realized lease rate of $3.10 per square foot sits 20.1 percent below the submarket asking benchmark of $3.89 per square foot, suggesting that when The Bayview - Tower's larger footprints are factored in, the effective cost per square foot has historically traded at a discount to the broader submarket. This building represents one out of 260 active listings in the Don Valley North submarket, or roughly 0.4 percent of total available inventory.

The Bayview - Tower's average realized lease rent of $3,500 per month sits $1,099 above the four-comp benchmark of $2,401, driven entirely by its substantially larger suite footprint rather than a rate premium. The Bayview - Manor House at 15 Rean Dr (0.08 km, 2 closed leases) averaged $2,950 per month at $3.19 per square foot across 925 square feet, meaning the subject commands a $550 higher monthly rent while providing 250 more interior square feet. Vida Condos at 621 Sheppard Ave E (0.08 km, 11 closed leases) averaged $2,252 per month at $3.89 per square foot across 604 square feet, placing the subject $1,248 higher in nominal rent but 571 square feet larger. Merci Le Condominium at 27 Rean Dr (0.08 km, 7 closed leases) averaged $2,271 per month at $3.72 per square foot across 614 square feet, with the subject $1,229 higher in rent and 561 square feet larger. 625 Sheppard at 6 Greenbriar Rd (0.13 km, 22 closed leases) averaged $2,131 per month at $3.89 per square foot across 557 square feet, making the subject $1,369 higher in nominal rent while providing 618 more interior square feet.

The Bayview - Tower leases at $3.10 per square foot across 1,175 average square feet, a rate that trades at a discount below every active nearby competitor and well under the Don Valley North submarket benchmark of $3.88 per square foot. Against The Bayview - Manor House, the subject offers a $0.09 per square foot (2.8 percent) discount while providing 250 more interior square feet, so the $550 higher monthly rent reflects additional living area rather than a valuation premium. Compared with Vida Condos, the subject trades at a $0.79 per square foot (20.3 percent) discount and delivers 571 more square feet, meaning the $1,248 nominal rent gap is a footprint differential, not a rate advantage. The same pattern holds against Merci Le Condominium, where the subject sits at a $0.62 per square foot (16.7 percent) discount with 561 additional square feet, and against 625 Sheppard, where the discount widens to $0.79 per square foot (20.3 percent) with 618 more square feet. In every pairing, the subject's higher monthly rent is an artefact of its larger interior envelope; on a per-square-foot basis, renters at The Bayview - Tower pay less for each square metre of space than they would at any of the four active competitors.

The Bayview - Tower fields a 12-item amenity suite anchored by an indoor pool, sauna and steam room, yoga studio, restaurant, and library, a lifestyle package that distinguishes it from three of its four immediate peers. The indoor pool is the building's signature aquatic feature: it is absent from Vida Condos, Merci Le Condominium, and 625 Sheppard, appearing only at the sister property The Bayview - Manor House. The subject's dedicated restaurant and sauna-and-steam-room combination are likewise missing from Vida Condos (which offers a sports bar and rooftop terrace instead), Merci Le Condominium (which substitutes a café and fire feature), and 625 Sheppard (which provides a dining room and kitchen, pet wash station, and rooftop terrace). Conversely, the subject lacks the rooftop terraces, BBQ areas, and pet wash stations found at Vida Condos, Merci Le, and 625 Sheppard, trading outdoor social space for indoor wellness and full-service dining. This package best serves established professionals and families who prioritize private aquatic recreation, on-site dining, and a full wellness circuit over rooftop socializing or pet-specific facilities.