Discovery I - Park Place (B) — Rental Market Data

Discovery I – Park Place (B) lists four active units as of August 31, 2026, spanning $2,100 to $3,000 per month with an average asking rent of $2,548 and a median of $2,545. The mean suite size across these listings is 753 square feet at an average asking rate of $3.43 per square foot, and the dominant layout is the 2-Bedroom + Den at 50 percent of active inventory. Current availability leans toward larger multi-bedroom executive footprints rather than compact entry-level one-bedroom suites, with only two of the four units falling in the one-bedroom tier.

The 2-Bedroom + Den is the dominant active layout at Discovery I – Park Place (B), accounting for two of four listings and 50 percent of available inventory at an average asking rent of $2,945 per month across 900 square feet and a $3.28 per square foot rate. The remaining two units split evenly: one 1-Bedroom at 550 square feet asking $2,200 per month ($4.00 per square foot) and one 1-Bedroom + Den at 660 square feet asking $2,100 per month ($3.18 per square foot), each representing a single-listing tier with no cross-comparison available within the building.

Discovery I – Park Place (B) carries an active asking spread of $900 per month, from a $2,100 entry point to a $3,000 peak, representing a 42.9 percent range across its four listed units. The median asking rent sits at $2,545 per month, and the entry-level suite is a 1-Bedroom + Den at 660 square feet priced at $3.18 per square foot. At the top of the range, the peak 2-Bedroom + Den spans 950 square feet at $3.16 per square foot, meaning the highest-priced unit actually commands a slightly lower rate per square foot than the entry suite due to its expanded footprint.

At Discovery I – Park Place (B), the active den premium is unquantified in a positive sense; the tracked data shows a negative $100 differential across a 110-square-foot den addition, yielding a marginal cost of negative $0.91 per square foot, which indicates the den-equipped suites are priced at or below their non-den equivalents on a per-square-foot basis. Active parking premiums cannot be reliably isolated from the current sample, as the paired data set is flagged as an anomalous outlier or insufficient for a defensible quote. Historical closed leases do confirm a verified parking add-on of $119 per month, which serves as a reasonable reference point for budgeting.

Discovery I – Park Place (B) asks an average of $2,548 per month at $3.43 per square foot, compared to the Don Valley North submarket asking benchmark of $2,608 per month and $3.93 per square foot. The building's 12.7 percent discount on rate per square foot versus the submarket asking rate is partly explained by the larger average active footprint of 753 square feet, which dilutes the per-square-foot figure relative to smaller submarket peers. Discovery I – Park Place (B) represents four out of 225 available listings in the Don Valley North submarket, a 1.8 percent share of total active inventory.

Discovery I - Park Place (B) realizes an average lease rent of $2,440 per month, sitting $27 above the four-comp benchmark of $2,413 and splitting the difference between its higher-renting and lower-renting neighbours. Discovery I - Park Place (A) at 33 Singer Crt, 0.03 km away, closed 14 leases at an average of $2,484 per month ($3.63 per square foot, 711 sq ft), placing the subject $44 lower. Discovery II - Park Place (D) at 15 Singer Crt, 0.09 km out, recorded 7 leases averaging $2,472 per month ($3.50 per square foot, 720 sq ft), with the subject trading $32 below. Discovery II - Park Place (E) at 19 Singer Crt, 0.11 km distant, closed 16 leases at $2,321 per month ($3.48 per square foot, 704 sq ft), where the subject commands $119 more. Leslie Boutique Residences at 2756 Old Leslie St, 0.17 km away, logged 6 leases at $2,375 per month ($3.50 per square foot, 683 sq ft), with the subject $65 higher.

Discovery I - Park Place (B) leases at $3.64 per square foot across a 704-square-foot average suite, commanding a per-square-foot premium over all four active competitors while offering a footprint that ranges from 7 to 21 square feet smaller or larger depending on the peer. Against Discovery I - Park Place (A), the subject trades at a $0.01 per square foot (0.3%) premium while providing 7 fewer interior square feet, a near-identical rate differential driven by a marginally tighter layout. Discovery II - Park Place (D) sees the subject at a $0.14 per square foot (4.0%) premium with 16 fewer square feet, meaning the $32 lower nominal rent is a footprint effect rather than a valuation gap. Discovery II - Park Place (E) presents the sharpest contrast: the subject commands a $0.16 per square foot (4.6%) premium at identical 704-square-foot sizing, translating directly into the $119 higher monthly rent. Leslie Boutique Residences shows the subject at a $0.14 per square foot (4.0%) premium with 21 more interior square feet, so the $65 higher rent reflects both a larger suite and a higher rate per square foot.

Discovery I - Park Place (B) fields a 21-item amenity suite spanning aquatic, fitness, court-sport, and social categories, giving it a broader lifestyle package than three of its four immediate competitors. The subject's Outdoor Pool is absent from Discovery I - Park Place (A), Discovery II - Park Place (D), and Leslie Boutique Residences, while its Tennis & Pickleball Court is not replicated at Discovery II - Park Place (D), Discovery II - Park Place (E), or Leslie Boutique Residences. Conversely, Discovery II - Park Place (E) counters with a Rock Climbing Wall, Badminton Court, and Tai Chi outdoor exercise area that the subject does not offer, and both Discovery II - Park Place (D) and Leslie Boutique Residences include a Rooftop Terrace missing from the subject's list. The building's combination of dual pools, multi-sport courts, a dedicated Karaoke Room, and a Pet Wash Station targets families and active professionals who want a full-service residential experience without venturing off-site for recreation.