Promenade Park Towers - Building A — Rental Market Data

Promenade Park Towers - Building A has 7 active listings as of August 31, 2026, offering a price range of $1,850 to $3,399 per month with an average asking rent of $2,518 per month and a median asking rent of $2,400 per month. Current listings average 715 square feet at an asking rate of $3.52 per square foot. The inventory is heavily anchored by 1-Bedroom plus Den suites, which comprise 57.1 percent of available stock and lean toward compact entry-level floor plans.

The dominant active layout at Promenade Park Towers - Building A is the 1-Bedroom plus Den, which features 4 listings capturing a 57.1 percent inventory share with an average asking rent of $2,383 per month across an average of 649 square feet at $3.67 per square foot. Single listings are available for the 1-Bedroom layout with 1 unit spanning 650 square feet at an average rent of $1,850 per month and $2.85 per square foot, the 2-Bedroom layout with 1 unit spanning 850 square feet at an average rent of $2,850 per month and $3.35 per square foot, and the 2-Bedroom plus Den layout with 1 unit spanning 910 square feet at an average rent of $3,399 per month and $3.74 per square foot.

Promenade Park Towers - Building A registers a minimum entry rent of $1,850 per month and a peak asking rent of $3,399 per month, establishing a dollar spread of $1,549 and a percentage spread of 83.7 percent. Median asking rent rests at $2,400 per month. The entry-level suite consists of a 1-Bedroom layout spanning 650 square feet priced at $2.85 per square foot, while the peak suite features a 2-Bedroom plus Den layout spanning 910 square feet priced at $3.74 per square foot.

Promenade Park Towers - Building A features an active den premium of $533 per month with a square footage delta of minus 1 square foot. Active parking premium data cannot be reliably isolated due to an insufficient sample or anomalous outlier status. Tenants should note that parking stall costs cannot be definitively verified from current active listings.

Promenade Park Towers - Building A asks an average rent of $2,518 per month at $3.52 per square foot, comparing favorably to the Thornhill submarket asking benchmark of $2,726 per month and $3.66 per square foot. The lower nominal monthly outlay reflects more compact suite footprints rather than cheaper unit pricing. The building's asking rate per square foot sits 3.8 percent below submarket asking averages, backed by 7 active listings representing a 11.1 percent share of the active submarket inventory.

Promenade Park Towers - Building A achieves an average lease rent of $2,459 per month, comparing favorably against the overall comp average of $3,006 per month across key nearby benchmarks including Promenade Towers I, Promenade Towers II, Promenade Towers III, and Promenade Park Towers - Building B. Individual performance among nearby peers highlights distinct variance across generations; Promenade Towers I at 7420 Bathurst St reported an average lease rent of $3,200 per month at $2.46 per square foot across an average of 1,300 square feet. Promenade Towers II at 7440 Bathurst St recorded an average lease rent of $3,133 per month at $2.55 per square foot across an average of 1,233 square feet. Promenade Towers III at 7460 Bathurst St achieved an average lease rent of $3,250 per month at $2.95 per square foot across an average of 1,100 square feet. Finally, Promenade Park Towers - Building B at 50 Upper Mall Way posted an average lease rent of $2,439 per month at $3.94 per square foot across an average of 642 square feet.

Promenade Park Towers - Building A positions its value proposition through modern construction efficiency, trading at $3.46 per square foot across an average size of 715 square feet compared to the submarket average lease rate of $3.58 per square foot. Renters evaluating this building versus older local alternatives trade expansive, legacy floor plans—such as the 1,300-square-foot layouts at Promenade Towers I charging $2.46 per square foot—for contemporary layouts, superior energy efficiency, and modern finishes. While older 1980s structures offer lower rates per square foot due to their larger 1,100 to 1,300-square-foot footprints, Promenade Park Towers - Building A delivers optimized square footage that reduces overall monthly gross rent burdens while maintaining competitive alignment against newer local inventory like Promenade Park Towers - Building B at $3.94 per square foot.

Promenade Park Towers - Building A delivers an extensive, contemporary lifestyle and amenity profile that surpasses legacy developments in the immediate micro-market. Residents enjoy five signature amenities including a dedicated Golf Simulator, an on-site Pet Wash Station, a secure Self Serve Parcel Room, a tranquil Yoga Studio, and an outdoor Children's Playground. In comparison, older alternatives such as Promenade Towers I, II, and III focus primarily on traditional recreational facilities like outdoor pools, tennis and pickleball courts, and squash courts, lacking modern conveniences like dedicated pet care spaces, parcel automation, and indoor golf simulators. This robust amenity package primarily serves young professionals, pet owners, and modern households seeking comprehensive on-site wellness and convenience features.