Greystone Walk II — Rental Market Data

Greystone Walk - Phase 2 has exactly one active listing as of August 31, 2026, asking $3,000 per month with an average and median rent of $3,000. The available suite spans 1,000 square feet at $3.00 per square foot, and the entire active inventory is a 2-Bedroom + Den layout representing 100 percent of current availability. With no studio, one-bedroom, or three-bedroom units on the market, the building's active stock leans squarely toward a multi-bedroom executive configuration rather than compact entry-level suites.

The sole active layout at Greystone Walk - Phase 2 is the 2-Bedroom + Den, accounting for 1 listing and 100 percent of available inventory. That single unit asks $3,000 per month on 1,000 square feet at $3.00 per square foot. No other bedroom tier—studio, one-bedroom, or three-bedroom—currently has an active listing, making this a single-transaction sample with no cross-tier comparison possible within the building.

Greystone Walk - Phase 2's active pricing spread is $0, with both the minimum entry rent and peak asking rent set at $3,000 per month, yielding a 0 percent spread. The median asking rent is likewise $3,000. Because only one suite is listed, the entry-level and peak offerings are the same 2-Bedroom + Den unit at 1,000 square feet and $3.00 per square foot, leaving no internal price gradient for renters to navigate within this building.

Greystone Walk - Phase 2's active den premium and the associated square-footage delta cannot be quantified from current data, as no paired comparison between den and non-den suites exists in the active inventory. Parking stall costs also cannot be reliably isolated; the available sample is either an anomalous outlier or too small to produce a meaningful premium figure, so no specific monthly parking add-on should be assumed when budgeting for this unit.

Greystone Walk - Phase 2's active asking rent of $3,000 per month exceeds the Scarborough West submarket average asking rent of $2,527, yet the building's rate of $3.00 per square foot sits 9.6 percent below the submarket asking benchmark of $3.32 per square foot. The nominal rent premium is driven entirely by suite size: the active unit at 1,000 square feet is 239 square feet larger than the submarket implied average of 761 square feet, so renters are paying for additional footprint rather than a higher per-unit rate. Greystone Walk - Phase 2 represents 1 out of 47 active listings in the Scarborough West submarket, a 2.1 percent share of total available inventory.

Greystone Walk – Phase 2's average realized lease rent of $2,650 per month sits $224 above the overall comp benchmark of $2,426, with the subject commanding a higher monthly rent than every active competitor in the set. Greystone Walk – Phase 1 at 5 Greystone Walk Dr (0.12 km, 5 closed leases) averaged $2,440 per month at $2.79 per square foot on 880 square feet, meaning the subject trades $210 higher per month. Greystone Walk – Phase 3 at 1 Greystone Walk Dr (0.13 km, 2 closed leases) averaged $2,525 per month at $2.60 per square foot on 975 square feet, placing the subject $125 higher. Imagine Condos at 3560 St Clair Ave E (1.11 km, 4 closed leases) averaged $2,313 per month at $3.00 per square foot on 775 square feet, so the subject commands $337 more per month despite a lower per-square-foot rate. The Bluffs at 3734–3736 St Clair Ave E (0.76 km) recorded zero closed leases over the trailing 180 days and therefore has no realized rent benchmark to compare against.

Greystone Walk – Phase 2 leases at $2.79 per square foot on an average 950-square-foot suite, a rate that sits at parity with the overall comp average of $2.80 per square foot while delivering materially more interior space than the 877-square-foot comp mean. Against Greystone Walk – Phase 1, the subject trades at identical $2.79 per square foot parity but provides 70 more interior square feet, meaning the higher nominal rent is entirely a function of the larger footprint rather than a per-unit premium. Versus Greystone Walk – Phase 3, the subject commands a $0.19 per square foot (7.3%) premium while providing 25 fewer interior square feet, so both the rate and the total monthly cost run above that phase. The sharpest trade-off appears with Imagine Condos: the subject trades at a $0.21 per square foot (7.0%) discount below that 2016-era building yet still posts a $337 higher monthly rent because it provides 175 more interior square feet, confirming that the nominal rent gap is driven by expansive suite size rather than a higher per-unit valuation.

Greystone Walk – Phase 2 fields a 12-item lifestyle package anchored by dual pools (indoor and outdoor), a full racquet-sports suite (tennis/pickleball and squash/racquetball courts), sauna and steam room, gym, meeting room, rooftop terrace, and garden courtyard—making it the most amenity-dense building in its immediate peer set. Compared with Greystone Walk – Phase 1, the subject adds a dedicated meeting room and garden courtyard but lacks Phase 1's media/theatre room and hot tub/jacuzzi; against Phase 3, the subject offers a meeting room while Phase 3 carries a library/reading room, hot tub/jacuzzi, and dog run. The contrast widens sharply with the two St Clair Avenue competitors: The Bluffs (1987) provides no pools, no racquet courts, and no sauna, while the 2016-era Imagine Condos offers only a gym, party lounge, meeting room, rooftop terrace, BBQ area, and concierge—none of the aquatic, wellness, or court-sport facilities that define Phase 2. This full-service aquatic and racquet-sports package, paired with a 950-square-foot interior, is best suited to established professionals and small families who prioritize on-site recreation and wellness over the compact, amenity-light product available at the newer St Clair Avenue alternatives.