3018 Yonge — Rental Market Data

3018 Yonge has three active listings as of August 31, 2026, spanning a price range of $2,800 to $3,700 per month with an average asking rent of $3,233 and a median of $3,200. The active inventory averages 600 square feet at $5.01 per square foot, and the dominant layout is the one-bedroom tier at 66.7 percent of available units. Current listings lean toward compact entry-level one-bedroom suites rather than multi-bedroom executive layouts, with only a single two-bedroom unit on the market.

The one-bedroom tier dominates active inventory at 3018 Yonge with two listings representing 66.7 percent of available units, averaging $3,000 per month across 600 square feet at $5.01 per square foot. The two-bedroom tier holds one listing at 33.3 percent share, asking $3,700 per month, though square footage and per-square-foot metrics are not recorded for this single unit. Renter choice is therefore limited to a small two-unit selection in the one-bedroom category and a one-of-one two-bedroom option.

3018 Yonge's active asking rents span from a minimum of $2,800 per month to a peak of $3,700 per month, a dollar spread of $900 or 32.1 percent. The median asking rent sits at $3,200 per month. The entry-level suite is a one-bedroom at 550 square feet priced at $5.09 per square foot, while the peak listing is a two-bedroom unit asking $3,700 per month with square footage and per-square-foot rate not recorded in the current dataset.

Den premiums and marginal cost per square foot for additional den space at 3018 Yonge cannot be quantified from the current active sample, as no paired den versus non-den listings are available for comparison. Active parking stall premiums also cannot be reliably isolated due to insufficient paired data or anomalous outliers in the sample, so no specific monthly parking fee should be assumed when budgeting for a unit at this address.

3018 Yonge's active average asking rent of $3,233 per month exceeds the North Midtown submarket asking benchmark of $2,803 per month, while its $5.01 per square foot rate sits 17.3 percent above the submarket asking rate of $4.27 per square foot. The nominal rent gap narrows when accounting for suite size: active listings average 600 square feet versus the submarket's broader mix, meaning the per-square-foot premium is the more accurate comparison metric. 3018 Yonge represents three out of 232 available listings in the North Midtown submarket, a 1.3 percent share of total active inventory.

3018 Yonge's all-time average realized lease rent of $3,686 per month exceeds the four-comparable benchmark of $2,161 per month by $1,525, with the two active competitors—Lawrence Park East (18 Wanless Ave, 0.26 km) and Allenby (2770 Yonge Street, 0.63 km)—providing the only realized pricing data in this pocket. Lawrence Park East closed one lease at an average of $2,700 per month ($3.72 per square foot, 726 square feet), meaning the subject commands a monthly rent $986 higher. Allenby closed three leases at an average of $1,622 per month ($4.05 per square foot, 400 square feet), placing the subject's realized rent $2,064 above that comp. Lawrence Park West (3130 Yonge St, 0.25 km) and Residences of Muir Park (2900 Yonge St, 0.38 km) each recorded zero closed leases over the trailing 180 days and therefore offer no realized rent benchmark for direct comparison.

At $4.04 per square foot and an average suite size of 911 square feet, 3018 Yonge offers a larger interior footprint than every active competitor in this immediate pocket while trading at or near parity on rate per square foot. Against Lawrence Park East (18 Wanless Ave, 0.26 km, one closed lease), the subject commands an $0.32 per square foot (8.6%) premium and provides 185 more interior square feet, so the higher nominal rent of $986 per month reflects both a rate premium and a materially larger unit. Against Allenby (2770 Yonge Street, 0.63 km, three closed leases), the subject trades at a $0.01 per square foot (0.2%) discount while delivering 511 more interior square feet; the $2,064-per-month rent gap is therefore driven by the substantially larger footprint rather than a per-unit valuation premium. The submarket leased benchmark of $4.19 per square foot confirms that 3018 Yonge's rate sits slightly below the broader North Midtown average, reinforcing a value proposition anchored in space efficiency for renters prioritizing square footage over compact, higher-rate units.

3018 Yonge fields a 15-feature amenity suite that materially outpaces its nearest peers, including an outdoor pool, hot tub and jacuzzi, golf simulator, and pet wash station—lifestyle elements absent from every named competitor in this pocket. Lawrence Park East (18 Wanless Ave) offers a gym, party room, meeting room, rooftop terrace, games room, garden, and concierge but lacks any aquatic or wellness facilities; Residences of Muir Park (2900 Yonge St) provides an indoor pool and sauna but no outdoor pool, jacuzzi, golf simulator, or pet wash; Allenby (2770 Yonge Street) carries no common amenities whatsoever. The subject's combination of outdoor aquatic recreation, a dedicated golf simulator, and a pet wash station positions it as the lifestyle-forward option in a corridor where most competitors cap their offerings at a gym and meeting room. This package best serves young professionals and small families who want resort-style recreation, remote-work flexibility via the meeting room and dining kitchen, and pet-friendly convenience without leaving the building.