The Bennett on Bayview — Rental Market Data

The Bennett on Bayview has four active listings as of August 31, 2026, with asking rents ranging from $2,350 to $3,400 per month, an average of $2,988 and a median of $3,100. The average suite size across these listings is 872 square feet at an asking rate of $3.47 per square foot. Two-bedroom units dominate the active inventory at 75 percent of available listings, indicating that current supply leans toward multi-bedroom executive layouts rather than compact entry-level suites.

The dominant active layout at The Bennett on Bayview is the two-bedroom, with three listings representing 75 percent of current availability. Two-bedroom units average $3,200 per month across 946 square feet at $3.43 per square foot, while the single one-bedroom-plus-den listing asks $2,350 per month for 650 square feet at $3.62 per square foot. No zero-bedroom or studio units are currently on the market.

The Bennett on Bayview's active inventory spans a $1,050 spread, from a minimum entry rent of $2,350 to a peak asking rent of $3,400 per month, a 44.7 percent range. The median asking rent sits at $3,100 per month. The entry-level suite is a one-bedroom-plus-den at 650 square feet priced at $3.62 per square foot, while the peak listing is a two-bedroom at 1,137 square feet carrying a more efficient $2.99 per square foot rate.

The Bennett on Bayview does not currently have a quantifiable den premium, as the single one-bedroom-plus-den listing cannot be reliably paired with a comparable one-bedroom unit to isolate the marginal cost of den space. Active parking premiums also cannot be reliably isolated from current listings due to an insufficient paired sample. However, verified historical lease data confirms that parking stalls at this building have established a benchmark of $238 per month.

The Bennett on Bayview's active asking rent of $2,988 per month exceeds the Don Valley North submarket average asking rent of $2,608 per month by roughly 14.6 percent, yet its rate of $3.47 per square foot sits 11.7 percent below the submarket asking benchmark of $3.93 per square foot. The higher nominal rent is driven by larger suite footprints in the current active inventory rather than a premium per-unit pricing strategy. The building's four listings represent approximately 1.8 percent of the 225 active units available across the Don Valley North submarket.

The Bennett on Bayview's average closed lease rent of $2,430 per month sits $628 below the four-comparable average of $3,058, making it the most affordable option in this immediate cluster on a total-rent basis. Willow Park at Bayview (17 Ruddington Dr) closed leases averaging $2,625 per month at $3.54 per square foot across 750-square-foot suites. Palace Gate (3181 Bayview Ave) commanded the highest rent in the set at $3,700 per month, $2.85 per square foot, and 1,300 square feet of space. Park Palace on Yonge III (28 Pemberton Ave) recorded an average of $2,850 per month at $3.00 per square foot for 950-square-foot units. Watergarden Condominiums (1 Watergarden Way) had no closed lease transactions in the trailing 180 days, so no rent benchmark is available for that property.

The Bennett on Bayview leases at $3.41 per square foot for an average 719-square-foot suite, a rate that undercuts the submarket lease benchmark of $3.80 per square foot by roughly 10 percent while delivering a newer, 2020-built product. Compared with Willow Park at Bayview, the subject trades at a $0.13 per square foot discount (3.7 percent below the comp's $3.54 rate) but provides 31 fewer interior square feet, meaning renters gain a slightly lower per-foot price in exchange for a marginally tighter layout. Against Palace Gate, the subject commands a $0.56 per square foot premium (19.6 percent above the comp's $2.85 rate) yet delivers 581 fewer square feet, so the value trade-off favours renters who want a modern building over a 1,300-square-foot legacy suite. Similarly, versus Park Palace on Yonge III the subject sits at a $0.41 per square foot premium (13.7 percent above $3.00) with 231 fewer square feet, reinforcing a pattern where The Bennett on Bayview's newer construction and amenity depth justify a higher per-foot rate despite the smaller footprint.

The Bennett on Bayview offers a lifestyle package that leans heavily on outdoor recreation and wellness programming, distinguishing it from the indoor-recreation focus of its nearest competitors. Where Willow Park at Bayview provides a media and theatre room and a garden courtyard, the subject counters with a dedicated yoga studio, a rooftop terrace, and an outdoor firepit—features absent from Willow Park's amenity list. Palace Gate's indoor pool, sauna and steam room, and tennis/pickleball court are matched by the subject's gym and fitness centre plus its outdoor BBQ area and rooftop terrace, giving renters a sun-drenched alternative to Palace Gate's enclosed recreation model. The subject's games and billiards room and dedicated meeting room parallel offerings at both Willow Park and Park Palace on Yonge III, while its Beanfield Fibre connectivity is a distinct technology advantage not listed at any of the four comparables. This combination of rooftop outdoor living, dedicated yoga space, fibre-grade internet, and a modern 2020 building envelope best serves young professionals and small households in North York who value wellness programming, outdoor social spaces, and a contemporary living environment over legacy resort-style indoor pools.