The Peak at Emerald City — Rental Market Data

The Peak at Emerald City has 6 active listings as of August 31, 2026, with a price range spanning from $2,400 to $2,950 per month, an average asking rent of $2,671 per month, and a median asking rent of $2,650 per month. Active listings average 667 square feet with an asking rate of $4.05 per square foot, where 1-Bedroom + Den layouts capture a dominant 50% inventory share, indicating that current availability leans toward compact entry-level and mid-sized layouts rather than expansive multi-bedroom floor plans.

The dominant active layout at The Peak at Emerald City is the 1-Bedroom + Den configuration, accounting for 3 active listings and a 50% inventory share with an average asking rent of $2,500 per month across 617 square feet at $4.08 per square foot. Standard 2-Bedroom suites comprise 2 active listings representing a 33.3% share with an average asking rent of $2,788 per month across 650 square feet at $4.29 per square foot. The 2-Bedroom + Den tier rounds out the inventory with 1 active listing representing a 16.7% share, asking $2,950 per month across 850 square feet at $3.47 per square foot.

The Peak at Emerald City exhibits a minimum entry rent of $2,400 per month and a peak asking rent of $2,950 per month, creating a dollar spread of $550 per month or a 22.9% percentage spread. The median asking rent sits at $2,650 per month, with the entry-level suite represented by a 1-Bedroom + Den layout offering 650 square feet at $3.69 per square foot, contrasted against the peak suite represented by a 2-Bedroom + Den layout spanning 850 square feet at $3.47 per square foot.

Active den premiums at The Peak at Emerald City cannot be quantified as active den premium figures and square footage deltas are unavailable. Active parking premium data cannot be reliably isolated due to an insufficient sample or anomalous outlier in current listings.

The Peak at Emerald City features an average asking rent of $2,671 per month at $4.05 per square foot, comparing to the submarket average asking rent of $2,608 per month at $3.93 per square foot. The building's nominal monthly rent premium is driven by suite sizing differences, while its active asking rate per square foot sits 3.1% above the submarket asking benchmark across its 6 active listings representing a minute fraction of the broader 225-listing submarket inventory.

The Peak at Emerald City achieves an average lease rent of $2,559 per month, comparing against an overall competitive average of $2,433 per month across primary benchmark buildings like Lumina at Emerald City and The Point at Emerald City. Lumina at Emerald City (36 Forest Manor Rd) recorded an average lease rent of $2,383 per month at $3.71 per square foot across an average of 647 square feet. The Point at Emerald City (38 Forest Manor Rd) reported an average lease rent of $2,620 per month at $3.83 per square foot across an average of 707 square feet. Fifth on the Park - Emerald City 5 (50 Forest Manor Rd) logged an average lease rent of $2,445 per month at $3.95 per square foot across an average of 634 square feet. Biyu - The Colours of Emerald City (52 Forest Manor Rd) closed leases at an average of $2,282 per month at $3.82 per square foot across an average of 602 square feet.

The Peak at Emerald City establishes its value proposition by offering a competitive average leased rate of $3.79 per square foot across an expansive average footprint of 686 square feet, undercutting older high-density towers on a relative square-footage basis. Renters at the subject property secure significantly more interior space—such as the 686 square-foot average compared to 634 square feet at Fifth on the Park (leased at $3.95 per square foot) and 602 square feet at Biyu (leased at $3.82 per square foot)—while avoiding the premium unit pricing seen in smaller footprints. When evaluated against contemporaries like Lumina at Emerald City ($3.71 per square foot across 647 square feet) and The Point at Emerald City ($3.83 per square foot across 707 square feet), the subject building successfully balances modern 2022 construction efficiency with roomier layouts that outperform older micro-condo alternatives in the submarket.

Residents at The Peak at Emerald City enjoy an extensive lifestyle and amenity package that stands out against neighbouring properties through comprehensive wellness and recreational facilities. The building features standout amenities including an indoor pool, a dedicated yoga studio, a pet wash station, a rooftop terrace, and a hot tub and jacuzzi. When contrasted with competing developments, the subject property matches or exceeds local offerings: Lumina at Emerald City features an indoor pool, gym, and rooftop terrace but lacks specialized additions like a pet wash station; Fifth on the Park includes a car wash bay and Beanfield fibre internet alongside standard pool and fitness spaces; and Biyu provides a rooftop terrace and yoga studio without the scale of multi-room entertainment lounges found here. This robust amenity profile particularly serves young professionals, pet owners, and couples seeking comprehensive on-site wellness without leaving the building.