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Market Data as of August 31, 2026

NY Towers - Chrysler East — Rental Market Data

3 Rean Dr, North York, Ontario M2K 3C2
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,225
1-Bedroom + Den
1
$2,600

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2003
Total Suites336
DeveloperDaniels Corporation

Developed by Daniels Corporation and completed in 2003, NY Towers - Chrysler East is an established residential building located at 3 Rean Dr in the Don Valley North neighborhood of North York. Featuring a total suite count of 336 units, the property currently exhibits a tight availability rate of 0.9 percent across 3 active listings. Leasing activity includes 6 closed transactions over the past 90 days with an average of 36 days on market, alongside 1 closed transaction over the past 30 days with an average of 115 days on market.

Current active asking rents average $2,350 per month at $3.51 per square foot across an average suite size of 669 square feet, contrasting with realized 90-day leases averaging $2,617 per month across 731 square feet. Current active inventory skews toward more compact entry-level suites compared to past leases. The active asking rate per square foot tracks 10.7 percent below the submarket asking benchmark of $3.93 per square foot.

Leasing transactions show zero delisted volume alongside a tenant-favorable negotiation climate where 62.5 percent of leases closed under asking, securing an average discount of $69 per month or 2.46 percent below list price. Prospective renters will find scarce availability concentrated in 1-Bedroom layouts, while 1-Bedroom + Den configurations offer single-listing selection.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at NY Towers - Chrysler East as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units3
+1 (50.0%)
Avg Asking Rent$2,350
$0
Avg Suite Size669 sf
+19 sf (2.9%)
Avg Days on Market31d
-28d (46.9%)
Avg Asking $/SF$3.51
-$0.10 (2.9%)

Active Market Insights & Questions

How has rental availability changed at NY Towers - Chrysler East recently?

NY Towers - Chrysler East features 3 active listings as of August 31, 2026, with a price range of $2,200 to $2,600 per month, an average rent of $2,350 per month, and a median rent of $2,250 per month. Active listings average 669 square feet with an asking rate of $3.51 per square foot. Dominant layout share stands at 66.7 percent for 1-Bedroom configurations. Overall inventory leans toward compact entry-level suites.

What floor plans and unit layouts are currently available at NY Towers - Chrysler East?

The dominant active layout at NY Towers - Chrysler East is the 1-Bedroom, representing 2 active listings and a 66.7 percent inventory share. 1-Bedroom units average $2,225 per month across 636 square feet at an asking rate of $3.50 per square foot, categorized as a small selection. 1-Bedroom + Den suites comprise 1 active listing and a 33.3 percent share, averaging $2,600 per month across 736 square feet at $3.53 per square foot, categorized as a single listing.

What is the average asking rent and $/SF by suite size at NY Towers - Chrysler East?

NY Towers - Chrysler East has a minimum entry rent of $2,200 per month and a peak asking rent of $2,600 per month, creating a dollar spread of $400 and a percentage spread of 18.2 percent. The median asking rent rests at $2,250 per month. The entry-level suite consists of a 1-Bedroom layout spanning 621 square feet at an asking rate of $3.54 per square foot, whereas the peak suite comprises a 1-Bedroom + Den layout spanning 736 square feet at an asking rate of $3.53 per square foot.

How much extra do parking spaces and dens cost at NY Towers - Chrysler East?

NY Towers - Chrysler East commands an active den premium of $375 per month for an additional 101 square feet of interior space. This marginal cost works out to $3.71 per square foot for the extra den area. Active parking premium data cannot be reliably isolated due to an anomalous outlier or insufficient paired sample.

How do asking rents at NY Towers - Chrysler East compare to local and municipal benchmarks?

NY Towers - Chrysler East features an average asking rent of $2,350 per month at $3.51 per square foot, which trails the Don Valley North submarket asking benchmark of $2,608 per month at $3.93 per square foot. The lower nominal outlay stems from more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot sits 10.7 percent below the submarket asking benchmark, representing a submarket inventory share of 1.3 percent across 3 active units out of 225 submarket listings.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at NY Towers - Chrysler East (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,300
Avg Leased Size731 sf
Avg Days to Lease115d
Leased $/SF$3.54

Leased Transaction Insights & Questions

How many suites were leased at NY Towers - Chrysler East last month, and how fast did they rent?

NY Towers - Chrysler East recorded a 30-day days on market average of 115 days, a 90-day average of 36 days, and a Don Valley North submarket benchmark of 29 days. Closed lease counts shifted from 1 transaction over the past 30 days to 6 transactions over the past 90 days, with a lifetime total of 8 closed leases, illustrating that leasing turnover moderated over the late summer period.

What is the negotiation spread between asking rents and closed lease prices at NY Towers - Chrysler East?

NY Towers - Chrysler East leases closed with an average tenant discount of $69 per month, representing a 2.46% variance below asking and saving tenants $828 per year in landlord concessions. Exactly 62.5% of tracked leases closed under asking price, establishing a tenant-favorable leasing environment where prospective renters exercised pricing leverage.

What are typical executed lease prices across different layouts at NY Towers - Chrysler East?

NY Towers - Chrysler East featured the 1-Bedroom + Den and standard 1-Bedroom as its highest-volume anchor layouts, averaging $2,433 per month with a 51-day DOM and $2,325 per month with a 9-day DOM respectively. The 1-Bedroom tier recorded 2 closed leases averaging $2,325 per month, a median of $2,325 per month, a P25-P75 range of $2,212 to $2,438 per month, an average size of 525 square feet at $4.59 per square foot, and 9 days on market (note that this represents a small sample size rather than a broad statistical benchmark). The 1-Bedroom + Den tier recorded 3 closed leases averaging $2,433 per month, a median of $2,500 per month, a P25-P75 range of $2,400 to $2,500 per month, an average size of 717 square feet at $3.40 per square foot, and 51 days on market (note that this represents a small sample size rather than a broad statistical benchmark). The 2-Bedroom configuration recorded 2 closed leases averaging $2,825 per month, a median of $2,825 per month, a P25-P75 range of $2,788 to $2,862 per month, an average size of 850 square feet at $3.32 per square foot, and 27 days on market (note that this represents a small sample size rather than a broad statistical benchmark). The 2-Bedroom + Den tier recorded 1 closed lease at $3,100 per month, a median of $3,100 per month, a P25-P75 range of $3,100 to $3,100 per month, an average size of 950 square feet at $3.26 per square foot, and 23 days on market (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at NY Towers - Chrysler East?

NY Towers - Chrysler East recorded insufficient paired data to isolate a specific realized leased parking premium per month. Standard suite bundling patterns applied across most available floor plans, and active asking parking rates remained inconclusive due to an unreliable sample. Consequently, parking premium data cannot be reliably quantified as a separate line item.

How does the lease-to-listing ratio at NY Towers - Chrysler East reflect current tenant demand?

NY Towers - Chrysler East experienced a fluctuating rent trajectory across the tracked monthly timeline from spring through late summer. In May 2026, 2 closed deals averaged $2,500 per month at $4.33 per square foot over 16 days on market. In June 2026, 1 closed deal reached $2,750 per month at $3.24 per square foot over 32 days on market. In July 2026, 4 closed deals averaged $2,663 per month at $3.46 per square foot over 17 days on market. In August 2026, 1 closed deal moderated to $2,300 per month at $3.54 per square foot over 115 days on market.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
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Chart Metrics
Max 2 Plotted
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Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27225506254.394
2026-04-28225506254.395
2026-04-29225506254.396
2026-04-30225506254.397
2026-05-01225506254.398
2026-05-02325176334.186
2026-05-03325176334.187
2026-05-04325176334.188
2026-05-05227257503.658
2026-05-06227257503.659
2026-05-07227257503.6510
2026-05-08227257503.6511
2026-05-09227257503.6512
2026-05-10227257503.6513
2026-05-11227257503.6514
2026-05-12227257503.6515
2026-05-13227257503.6516
2026-05-14124506503.7712
2026-05-15224256503.737
2026-05-16224256503.738
2026-05-17224256503.739
2026-05-18224256503.7310
2026-05-19124506503.7717
2026-05-20124506503.7718
2026-05-21124506503.7719
2026-05-22124506503.7720
2026-05-23124506503.7721
2026-05-24124506503.7722
2026-05-25124506503.7723
2026-05-26124506503.7724
2026-05-27124506503.7725
2026-05-28124506503.7726
2026-05-29226007503.5014
2026-05-30226007503.5015
2026-05-31226007503.5016
2026-06-01226007503.5017
2026-06-02226007503.5018
2026-06-03226007503.5019
2026-06-04226007503.5020
2026-06-05226007503.5021
2026-06-06226007503.5022
2026-06-07226007503.5023
2026-06-08226007503.5024
2026-06-09325837503.4716
2026-06-10325837503.4717
2026-06-11325837503.4718
2026-06-12325837503.4719
2026-06-13325837503.4720
2026-06-14325837503.4721
2026-06-15325837503.4722
2026-06-16325837503.4723
2026-06-17325837503.4724
2026-06-18325837503.4725
2026-06-19325837503.4726
2026-06-20325837503.4727
2026-06-21325837503.4728
2026-06-22325837503.4729
2026-06-23325837503.4730
2026-06-24325837503.4731
2026-06-25325837503.4732
2026-06-26425757253.5825
2026-06-27425757253.5826
2026-06-28425757253.5827
2026-06-29425757253.5828
2026-06-30325176833.7028
2026-07-01325176833.7029
2026-07-02426887503.6223
2026-07-03625837333.5416
2026-07-04525907503.4718
2026-07-05525907503.4719
2026-07-06525907503.4720
2026-07-07525907503.4721
2026-07-08426007503.4821
2026-07-09426007503.4822
2026-07-10426007503.4823
2026-07-11326337503.5329
2026-07-12326337503.5330
2026-07-13326337503.5331
2026-07-14326337503.5332
2026-07-15326337503.5333
2026-07-16326337503.5334
2026-07-17326337503.5335
2026-07-18326337503.5336
2026-07-19326337503.5337
2026-07-20326337503.5338
2026-07-21326337503.5339
2026-07-22326337503.5340
2026-07-23326337503.5341
2026-07-24326337503.5342
2026-07-25223506503.6253
2026-07-26223506503.6254
2026-07-27223506503.6255
2026-07-28223506503.6256
2026-07-29223506503.6257
2026-07-30223506503.6258
2026-07-31223506503.6259
2026-08-01223506503.6260
2026-08-02223506503.6261
2026-08-03223506503.6262
2026-08-04223506503.6263
2026-08-05223506503.6264
2026-08-06223506503.6265
2026-08-07223506503.6266
2026-08-08323006403.5945
2026-08-09323006403.5946
2026-08-10323006403.5947
2026-08-11323006403.5948
2026-08-12323006403.5949
2026-08-13323006403.5950
2026-08-14323006403.5951
2026-08-15323006403.5952
2026-08-16323006403.5953
2026-08-17323006403.5954
2026-08-18323006403.5955
2026-08-19423756643.5842
2026-08-20423756643.5843
2026-08-21423756643.5844
2026-08-22423756643.5845
2026-08-23423756643.5846
2026-08-24423756643.5847
2026-08-25323506693.5125
2026-08-26323506693.5126
2026-08-27323506693.5127
2026-08-28323506693.5128
2026-08-29323506693.5129
2026-08-30323506693.5130
2026-08-31323506693.5131

12-Month Market Dynamics & Trend Trajectory

NY Towers - Chrysler East has a lifetime leasing volume of 8 closed transactions, achieving an average rent of $2,588 per month at $3.66 per square foot across an average suite size of 731 square feet. The building maintains a lifetime days on market average of 31 days, demonstrating steady tenant turnover within the Don Valley North submarket. Pricing discipline across the tower reflects moderate tenant leverage, with 62.5% of transactions closing below asking price. Leases settled with an average monthly discount of $69 or 2.46% below asking, saving tenants $828 annually through landlord concessions.

Loading inventory data…

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-03121004005.2510
2026-05-10129008503.4122
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28226507503.5820
2026-07-05225007503.3319
2026-07-120N/AN/AN/AN/A
2026-07-19131009503.2623
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23123006503.54115

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

NY Towers - Chrysler East at 3 Rean Dr competes directly within a tightly clustered micro-market of established residential towers completed around 2003, featuring NY Towers - Chrysler West at 1 Rean Dr (0.04 km away, completed in 2003, with 6 active listings), NY Towers II - Waldorf West at 2 Rean Dr (0.07 km away, completed in 2003, with 6 active listings), NY Towers II - Waldorf East at 8 Rean Dr (0.08 km away, completed in 2003, with 6 active listings), and the slightly newer The Bayview - Manor House at 15 Rean Dr (0.15 km away, completed in 2010, with 2 active listings). These properties share the same master-planned community era, maintaining uniform mid-rise and high-rise structural designs built by major developers. Across this four-property competitive set, the overall average lease rent sits at $2,586 per month with an average rate of $3.47 per square foot across an average suite size of 758 square feet. NY Towers - Chrysler East occupies a balanced middle-tier position within this benchmark, offering competitive space efficiency and stable pricing relative to its immediate 2003-era neighbours while trading at a moderate premium per square foot compared to the larger floor plans found at neighboring properties.

1 Rean Dr, North York

Avg Asking$2,422/mo
Avg $/SF$3.52
Rent Spread:
+$72/mo (+3.1%) Higher

2 Rean Dr, North York

Avg Asking$2,837/mo
Avg $/SF$3.48
Rent Spread:
+$487/mo (+20.7%) Higher

8 Rean Dr, North York

Avg Asking$2,850/mo
Avg $/SF$4.51
Rent Spread:
+$500/mo (+21.3%) Higher

15 Rean Dr, North York

Avg Asking$2,820/mo
Avg $/SF$3.34
Rent Spread:
+$470/mo (+20.0%) Higher

17 Barberry Pl, North York

Avg Asking$2,430/mo
Avg $/SF$3.85
Rent Spread:
+$80/mo (+3.4%) Higher

19 Barberry Pl, North York

Avg Asking$2,347/mo
Avg $/SF$3.76
Rent Spread:
-$3/mo (-0.1%) Lower

Comparable Analysis & Questions

How do rental rates at NY Towers - Chrysler East compare to neighbouring buildings within Don Valley North?

NY Towers - Chrysler East achieves an average lease rent of $2,588 per month, closely aligning with the overall micro-market average of $2,586 per month across key benchmarks like NY Towers - Chrysler West and NY Towers II. Individual competing assets report varied leasing metrics based on average square footage and layout configuration. NY Towers - Chrysler West at 1 Rean Dr records an average lease rent of $2,217 per month at $3.60 per square foot across an average of 622 square feet. NY Towers II - Waldorf West at 2 Rean Dr logs an average lease rent of $2,825 per month at $3.43 per square foot across an average of 832 square feet. NY Towers II - Waldorf East at 8 Rean Dr posts an average lease rent of $2,350 per month at $3.64 per square foot across an average of 652 square feet. Finally, The Bayview - Manor House at 15 Rean Dr registers an average lease rent of $2,950 per month at $3.19 per square foot across an average of 925 square feet.

Does NY Towers - Chrysler East offer a competitive price-per-square-foot ($/SF) against local comparables?

NY Towers - Chrysler East establishes its value proposition by delivering an average leased rate of $3.66 per square foot across an average suite size of 731 square feet, positioning it competitively against the broader submarket benchmark of $3.80 per square foot. Renters evaluating the building versus NY Towers - Chrysler West at 1 Rean Dr (622 square feet at $3.60 per square foot) and NY Towers II - Waldorf East at 8 Rean Dr (652 square feet at $3.64 per square foot) trade slightly higher space utilization for more expansive 731-square-foot average layouts. Conversely, when compared against larger heritage footprints such as NY Towers II - Waldorf West at 2 Rean Dr (832 square feet at $3.43 per square foot) and The Bayview - Manor House at 15 Rean Dr (925 square feet at $3.19 per square foot), tenants at the subject building secure more compact, manageable floor plates at a higher rate per square foot.

How do building age, amenities, and developer reputation impact rent spreads?

NY Towers - Chrysler East delivers an extensive lifestyle and wellness package that stands out competitively against its immediate neighbors in the Don Valley North micro-market. The building features five signature amenities including an indoor pool, a hot tub and jacuzzi, a dedicated sauna and steam room, an in-house golf simulator, and a rooftop terrace. When contrasted with surrounding peers, NY Towers - Chrysler West at 1 Rean Dr offers a similar indoor pool, gym, and golf simulator layout but lacks the expansive rooftop terrace found at the subject property. NY Towers II - Waldorf West at 2 Rean Dr incorporates a specialized yoga studio alongside its pool and gym, whereas NY Towers - Chrysler East prioritizes traditional social and leisure spaces like its games and billiards room and reading library. This robust amenity infrastructure best serves urban professionals and downsizers seeking comprehensive recreational facilities without leaving the building.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around NY Towers - Chrysler East.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Golf Simulator
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Library & Reading Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for NY Towers - Chrysler East.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.