The Residences at Central Park — Rental Market Data

The Residences at Central Park features 4 active listings as of August 31, 2026, with a price range spanning from $2,600 to $4,600 per month, an average asking rent of $3,325 per month, and a median asking rent of $3,050 per month. Active suites average 675 square feet with an asking rate of $5.14 per square foot. The 2-bedroom plus den layout dominates the active inventory with a 50 percent share, indicating that current availability leans toward larger, multi-bedroom executive layouts.

The dominant active layout at The Residences at Central Park is the 2-bedroom plus den configuration, which accounts for 2 active listings and a 50 percent inventory share with an average asking rent of $2,900 per month across 750 square feet at $3.87 per square foot. A single 1-bedroom plus den suite represents a 25 percent share with an average asking rent of $4,600 per month across 550 square feet at $8.36 per square foot. Another single 2-bedroom suite represents the remaining 25 percent share with an average asking rent of $2,900 per month across 650 square feet at $4.46 per square foot.

The Residences at Central Park exhibits a minimum entry rent of $2,600 per month and a peak asking rent of $4,600 per month, creating a dollar spread of $2,000 and a percentage spread of 76.9 percent. The median asking rent sits at $3,050 per month. The entry-level option consists of a 2-bedroom plus den suite spanning 750 square feet at an asking rate of $3.47 per square foot, while the peak tier is anchored by a 1-bedroom plus den layout spanning 550 square feet at an asking rate of $8.36 per square foot.

Active den premium data for The Residences at Central Park cannot be reliably isolated due to an insufficient sample. Active parking premium data is similarly unreliable due to an anomalous outlier or insufficient paired sample, meaning parking stall costs cannot be accurately quantified from current listings.

The Residences at Central Park asks an average rent of $3,325 per month at $5.14 per square foot, which exceeds the Don Valley North submarket average asking rent of $2,803 per month and submarket asking rate of $3.59 per square foot. The building's asking rate per square foot stands 43.2 percent above the broader submarket asking benchmark. This pricing position accounts for 11.4 percent of the submarket's 35 total active listings.

The Residences at Central Park records an average lease rent that aligns competitively with the overall micro-market comp average of $2,760 per month across neighboring properties such as King's Landing and Bayview Sheppard Manors. King's Landing at 68 Esther Shiner Boulevard reports an average lease rent of $2,555 per month at $4.18 per square foot across an average size of 631 square feet. King's Landing at 75 Billes Heights averages $2,500 per month at $4.13 per square foot across 631 square feet. King's Landing at 18 Esther Shiner Boulevard averages $2,761 per month at $4.25 per square foot across 685 square feet. Meanwhile, the older Bayview Sheppard Manors at 9 Greenbriar Road commands an average lease rent of $3,225 per month at $2.55 per square foot across a much larger average footprint of 1,279 square feet.

The Residences at Central Park delivers a compelling value proposition, trading at competitive rates per square foot compared to modern peers like King's Landing while offering significantly more efficient, contemporary layouts than legacy options such as Bayview Sheppard Manors. Renters evaluating these options weigh distinct trade-offs, such as choosing the modern interior efficiency and lower utility burdens of newer builds against the sprawling, lower rate per square foot ($2.55 per square foot across 1,279 square feet) found in older buildings like Bayview Sheppard Manors. Against the King's Landing cohort—where average sizes hover around 631 to 685 square feet with rates ranging from $4.13 to $4.25 per square foot—the subject building provides attractive layout sizing that matches modern tenant demands without inflating square-footage costs.

The Residences at Central Park delivers an extensive lifestyle and amenity program that competes directly with the master-planned density of the surrounding Don Valley North micro-market. The subject building features signature amenities including an indoor pool, an outdoor pool, bowling lanes, a skating rink, and a rooftop terrace. When contrasted against nearby peers, these offerings rival or exceed competing features such as the yoga studios, car wash bays, and putting greens found at King's Landing (68 Esther Shiner Boulevard, 75 Billes Heights, and 18 Esther Shiner Boulevard), as well as the basic outdoor playgrounds and gardens at Bayview Sheppard Manors. This diverse recreational suite particularly serves active professionals and families seeking resort-style amenities within a transit-connected community.