Spectrum I — Rental Market Data

Spectrum I has 4 active listings as of August 31, 2026, with asking rents ranging from $2,100 to $2,850 per month, an average rent of $2,499 per month, and a median rent of $2,522 per month. Active inventory features an average size of 650 square feet at an asking rate of $3.85 per square foot, with the 1-Bedroom layout dominating the active inventory at a 50% share, reflecting a lean toward compact entry-level suites.

The dominant active layout at Spectrum I is the 1-Bedroom, accounting for 2 active listings and a 50% inventory share. The 1-Bedroom tier averages $2,475 per month across 600 square feet at an asking rate of $4.10 per square foot. Meanwhile, the 1-Bedroom + Den tier represents 1 listing with a 25% share, averaging $2,300 per month across 650 square feet at $3.54 per square foot, and the 2-Bedroom tier provides 1 listing with a 25% share, averaging $2,745 per month across 750 square feet at $3.66 per square foot.

Spectrum I displays a minimum entry rent of $2,100 per month and a peak asking rent of $2,850 per month, creating a dollar spread of $750 per month and a percentage spread of 35.7%. The median asking rent sits at $2,522 per month, while the entry-level suite is a 1-Bedroom offering 550 square feet at $3.82 per square foot, contrasting against the peak suite which is also a 1-Bedroom offering 650 square feet at $4.38 per square foot.

Spectrum I presents an active den price adjustment of -$175 per month with a square foot delta of 50 square feet, reflecting the marginal cost per square foot for the extra den space. Parking premium data cannot be reliably isolated due to an insufficient paired sample, so no specific parking figures or luxury positioning can be stated for current listings.

Spectrum I asks an average rent of $2,499 per month at $3.85 per square foot compared to the North York City Centre submarket asking benchmark of $2,753 per month at $3.84 per square foot. The lower monthly outlay relative to the broader submarket is driven by more compact suite sizing rather than cheaper unit pricing, aligning closely with the submarket asking rate per square foot while representing a minor 0.3% share of active submarket inventory.

Spectrum I achieves an average lease rent of $2,555 per month, closely mirroring the overall competitive benchmark average of $2,524 per month across nearby Harrison Garden Boulevard properties. Spectrum II at 28 Harrison Garden Blvd records an average lease rent of $2,549 per month at $3.59 per square foot across 733 square feet. The Mansions of Avondale I at 55 Harrison Garden Blvd reports an average lease rent of $2,560 per month at $3.43 per square foot across 750 square feet. The Mansions of Avondale II at 51 Harrison Garden Blvd posts an average lease rent of $2,500 per month at $3.33 per square foot across 750 square feet. Finally, Residences of Avondale II at 18 Harrison Garden Blvd logs an average lease rent of $2,487 per month at $3.82 per square foot across 662 square feet.

Spectrum I establishes its value proposition by balancing an average lease rate of $3.84 per square foot across 714 square feet against immediate neighborhood alternatives in North York City Centre. Renters evaluate trade-offs between Spectrum I's efficient 714-square-foot footprint and slightly larger alternatives such as The Mansions of Avondale I at 750 square feet ($3.43 per square foot) or slightly more compact options like Residences of Avondale II at 662 square feet ($3.82 per square foot). While buildings like The Mansions of Avondale II offer lower rates at $3.33 per square foot across 750 square feet, Spectrum I's positioning delivers competitive monthly rents that reflect functional layout efficiency and consistent tenant demand in a stabilized setting.

Spectrum I delivers a comprehensive lifestyle and amenity profile featuring concierge and security, a gym and fitness centre, a party and lounge room, a meeting room, a sauna and steam room, a games and billiards room, a hot tub and jacuzzi, a BBQ area, and a garden and courtyard. When contrasted against nearby competitors, Spectrum I holds distinct advantages: unlike Spectrum II which features a rooftop terrace, Spectrum I emphasizes wellness and social spaces like its hot tub, jacuzzi, and garden courtyard. Furthermore, while Residences of Avondale II includes a car wash bay and retail shops, Spectrum I provides a focused, resident-centric amenity package without commercial foot traffic. This amenity mix particularly serves working professionals and couples prioritizing security, wellness facilities, and quiet residential common areas in North York City Centre.