Cosmo II — Rental Market Data

Cosmo II has four active listings as of August 31, 2026, with asking rents spanning $2,500 to $3,190 per month, an average of $2,965 and a median of $3,085. The four units average 848 square feet at $3.53 per square foot, and the inventory skews toward multi-bedroom executive layouts, with two-bedroom configurations representing 75 percent of available suites. The one-bedroom-plus-den entry point at 650 square feet is the sole compact option, while the remaining three listings are two-bedroom or two-bedroom-plus-den plans ranging from 900 to 940 square feet.

The dominant active layout at Cosmo II is the two-bedroom, with two listings accounting for 50 percent of available inventory at an average asking rent of $3,085 per month on 900 square feet ($3.43 per square foot). The one-bedroom-plus-den tier holds a single listing at $2,500 per month for 650 square feet ($3.85 per square foot), and the two-bedroom-plus-den tier also carries one unit at $3,190 per month for 940 square feet ($3.39 per square foot). Each of the den-equipped tiers is a single-listing offering, so renters seeking those specific configurations face zero alternative options within the building.

Cosmo II's active asking rents range from $2,500 to $3,190 per month, a $690 spread representing 27.6 percent of the entry price, with a median asking rent of $3,085. The entry-level suite is a one-bedroom-plus-den at 650 square feet and $3.85 per square foot, while the peak asking unit is a two-bedroom-plus-den at 940 square feet and $3.39 per square foot. The higher-priced executive layout actually commands a lower per-square-foot rate, reflecting the building's pricing structure where larger footprints dilute the unit rate.

Active den premiums at Cosmo II cannot be reliably quantified, as the paired-sample data does not support a clean dollar-per-square-foot delta between den-equipped and non-den suites. Parking stall costs likewise cannot be isolated from the available transaction records, and no verified monthly parking add-on should be assumed when budgeting. Renters interested in either amenity should request itemized pricing directly from the leasing office or their agent.

Cosmo II's active asking average of $2,965 per month and $3.53 per square foot sits above the North York City Centre lease benchmark of $2,627 per month but below the submarket asking rate of $3.88 per square foot, a gap of roughly nine percent. The nominal rent premium over submarket leases is explained by suite size: Cosmo II's active units average 848 square feet, which is 141 square feet larger than the submarket implied average of 707 square feet. The building represents four out of 232 active listings in the North York City Centre submarket, a 1.7 percent share of total available inventory.

Cosmo II's all-time average realized lease rent of $2,386 per month sits $232 below the four-comparable benchmark of $2,618, positioning the subject as the most affordable active option in this immediate cluster. Against Cosmo I at 35 Bales Ave (0.05 km, 11 closed leases, $2,179 average rent, $3.87 per square foot, 563 square feet), the subject commands a $207-per-month higher realized rent. Savvy Condominiums at 17 Anndale Dr (0.06 km, 20 closed leases, $2,961 average rent, $3.58 per square foot, 833 square feet) trades at a $575-per-month premium over the subject. Centre at 2 Anndale Dr / 5 Sheppard Ave E (0.06 km, 23 closed leases, $2,789 average rent, $3.88 per square foot, 729 square feet) realizes $403 more per month than Cosmo II. Spring at Gardens at 23 Sheppard Ave E (0.08 km, 13 closed leases, $2,542 average rent, $3.99 per square foot, 648 square feet) carries a $156-per-month advantage over the subject. All four competitors recorded active lease volume, so each figure reflects realized transaction pricing rather than asking-level speculation.

Cosmo II leases at $3.80 per square foot across an average 634-square-foot suite, trading at a modest discount to three of four nearby active competitors while commanding a premium over Savvy Condominiums on a per-square-foot basis. Against Cosmo I ($3.87 per square foot, 563 sq ft), the subject offers a $0.07-per-square-foot (1.8%) discount and provides 71 more interior square feet, meaning the lower rate per square foot is partially offset by a larger footprint that pushes the nominal rent $207 higher. Versus Savvy Condominiums ($3.58 per square foot, 833 sq ft), the subject commands a $0.22-per-square-foot (6.1%) premium but delivers 199 fewer interior square feet; the $575 lower monthly rent is driven entirely by the smaller suite size rather than a weaker asset valuation. Against Centre ($3.88 per square foot, 729 sq ft), the subject trades at a $0.08-per-square-foot (2.1%) discount with 95 fewer square feet, and the $403 rent gap again reflects footprint rather than rate weakness. Spring at Gardens ($3.99 per square foot, 648 sq ft) shows the widest per-square-foot spread: the subject offers a $0.19-per-square-foot (4.8%) discount with just 14 fewer square feet, making this the closest like-for-like comparison in the set.

Cosmo II provides an eight-feature amenity package—gym and fitness centre, indoor pool, concierge and security, party and lounge room, meeting room, sauna and steam room, hot tub and jacuzzi, and games and billiards room—that is the leanest offering among its four immediate competitors. The building's signature differentiator is the hot tub and jacuzzi, a feature absent from both Cosmo I and Savvy Condominiums, though Centre and Spring at Gardens also include one. Cosmo I adds a library and reading room plus a garden and courtyard that Cosmo II does not offer. Savvy Condominiums extends its package with a business centre, media and theatre room, and a dedicated dining room and kitchen. Centre, the most amenity-rich peer at 16 features, layers in EV charging, a yoga studio, an outdoor pool (versus Cosmo II's indoor pool), a rooftop terrace, BBQ area, dining room and kitchen, garden and courtyard, and refrigerated grocery delivery storage. Spring at Gardens similarly adds a yoga studio, media and theatre room, dining room and kitchen, BBQ area, and garden and courtyard beyond the subject's core set. Cosmo II's package best serves cost-conscious professionals and young couples who prioritize a functional indoor pool, fitness access, and a hot tub for private relaxation over the expanded wellness studios, dining facilities, and outdoor leisure spaces that define the 2010-to-2014 cohort.