Riverside Square - City Collection — Rental Market Data

Riverside Square – City Collection has three units actively listed as of August 31, 2026, with asking rents ranging from $2,195 to $3,000 per month, an average of $2,648, and a median of $2,750. The average asking suite measures 600 square feet at $4.57 per square foot. Two-bedroom layouts account for 66.7 percent of active inventory, indicating the current offering leans toward multi-bedroom executive suites rather than compact entry-level one-bedrooms.

The dominant active layout at Riverside Square – City Collection is the two-bedroom, with two units representing 66.7 percent of available inventory at an average asking rent of $2,875 per month across 700 square feet and a rate of $4.12 per square foot. The one-bedroom tier holds a single listing at $2,195 per month for 400 square feet, equating to $5.49 per square foot. Renter choice is therefore limited to two distinct bedroom tiers, with the two-bedroom offering a small selection of two units and the one-bedroom presenting a single-listing scenario.

Riverside Square – City Collection spans an asking range from $2,195 to $3,000 per month, a dollar spread of $805 and a percentage spread of 36.7 percent. The median asking rent sits at $2,750 per month. The entry-level suite is a one-bedroom at 400 square feet priced at $5.49 per square foot, while the peak listing is a two-bedroom at 750 square feet carrying a rate of $4.00 per square foot.

Active den premiums at Riverside Square – City Collection cannot be reliably quantified due to insufficient paired sample data, and no marginal cost per square foot for additional den space can be stated. Verified parking stall costs from closed leases average $277 per month, but active parking premiums cannot be reliably isolated from the current three-unit sample, so renters should confirm individual parking arrangements directly with the leasing office.

Riverside Square – City Collection asks an average of $2,648 per month at $4.57 per square foot, compared to the Toronto East submarket asking benchmark of $2,611 per month at $3.98 per square foot. The 14.8 percent premium on a per-square-foot basis is partially offset by the building's 600-square-foot average suite size, which is more compact than the submarket norm and keeps nominal monthly rents within a narrow band of the market average. The building's three active listings represent 3 out of 74 available units in the Toronto East submarket, or roughly 4 percent of total active inventory.

Riverside Square – City Collection realized an average lease rent of $2,495 per month over the trailing year, marginally above the four-comp benchmark of $2,491 and below the two highest-priced peers. Riverside Square – Central Collection (45 Baseball Pl, 0.04 km, 13 closed leases) averaged $2,563 per month at $3.80 per square foot across 677 square feet, placing the subject $68 lower in nominal rent. Riverside Square I (15 Baseball Pl, 0.06 km, 6 closed leases) posted $2,633 per month at $4.20 per square foot over 628 square feet, a $138 gap above the subject. Riverside Square – East Collection (25 Baseball Pl, 0.06 km, 6 closed leases) averaged $2,317 per month at $4.09 per square foot across 575 square feet, meaning the subject commands $178 more in monthly rent. Riverside Square – Queen Collection (665 Queen St E, 0.08 km, 2 closed leases) recorded $2,450 per month at $3.47 per square foot over 700 square feet, a $45 spread in the subject's favour. All four comparables produced realized lease data, so no zero-volume caveats apply in this pocket.

The subject's leased rate of $4.12 per square foot across 615 average square feet sits above the comp average of $3.89 per square foot and below the submarket leased benchmark of $4.06 per square foot, while its interior footprint trails the comp mean of 645 square feet by roughly 30 square feet. Against Riverside Square – Central Collection, the subject trades at a $0.32 per square foot (8.4%) premium yet provides 62 fewer interior square feet, so the $68 lower nominal rent is driven entirely by the smaller footprint rather than a weaker per-square-foot valuation. Versus Riverside Square I, the subject offers a $0.08 per square foot (1.9%) discount while still delivering 13 fewer square feet, a configuration that narrows the $138 rent gap to a modest space-and-rate trade-off. Against Riverside Square – East Collection, the subject commands a $0.03 per square foot (0.7%) premium and provides 40 more interior square feet, explaining why its $178 higher rent reflects genuine additional space rather than a rate markup. The Queen Collection comparison is the starkest: the subject carries an 18.7% per-square-foot premium ($0.65) while surrendering 85 square feet, yet still nets only $45 more in monthly rent because the comp's 700-square-foot layout absorbs the rate gap.

Riverside Square – City Collection differentiates itself within the Riverside Square family through a dedicated Yoga Studio and a Garden & Courtyard, two lifestyle features absent from three of its four immediate competitors. Central Collection, Riverside Square I, and East Collection all offer outdoor pools, rooftop terraces, gyms, and meeting rooms but none include a purpose-built yoga space or landscaped courtyard; instead they lean on BBQ areas, games rooms, or a media theatre to fill the recreational gap. Queen Collection shares the Garden & Courtyard with the subject but substitutes a Spin Studio for the Yoga Studio, shifting its wellness emphasis toward high-intensity cardio rather than low-impact flexibility work. The subject's combination of yoga instruction space, outdoor greenery, pool access, and a rooftop terrace targets wellness-oriented professionals and young families who prioritize guided movement, outdoor relaxation, and social gathering in a single building without needing to split memberships across multiple facilities.