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Market Data as of August 31, 2026

Royal Pinnacle — Rental Market Data

33 Empress Ave, North York, Ontario M2N 6Y7
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,500

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2000
Total Suites363
DeveloperMenkes Developments

Royal Pinnacle at 33 Empress Ave in North York City Centre was completed in 2000 by Menkes Developments as an established residential building comprising 363 suites, showing a sparse active inventory of 1 listing, an availability rate of 0.3%. Furthermore, the property recorded 9 closed transactions over the past 90 days averaging 14 days on the market, alongside 3 closed deals over the past 30 days averaging 8 days on the market.

Current active asking rent sits at $2,500 per month with an asking rate of $3.86 per square foot, contrasting against realized 90-day leases averaging $2,967 per month at $3.37 per square foot across larger historical layouts. Active asking rates track 0.5% above the submarket asking benchmark of $3.84 per square foot, while active suites feature more compact footprints averaging 648 square feet compared to historical lease averages of 899 square feet.

Marketing friction remains minimal given the rapid 5-day average closed days on market for active inventory compared to delisted units sitting for 65 days, while tenants secured minor concessions averaging 0.69% below asking. Prospective tenants face severely restricted choice with only a single 1-Bedroom listing currently available for immediate occupancy.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Royal Pinnacle as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
-2 (66.7%)
Avg Asking Rent$2,500
-$617 (19.8%)
Avg Suite Size648 sf
-319 sf (33.0%)
Avg Days on Market5d
-26d (83.9%)
Avg Asking $/SF$3.86
+$0.57 (17.5%)

Active Market Insights & Questions

How has rental availability changed at Royal Pinnacle recently?

Royal Pinnacle features 1 active listing as of August 31, 2026, with an asking price range, average rent, and median rent per month all fixed at $2,500 per month. The active unit spans 648 square feet at an asking rate of $3.86 per square foot, entirely dominated by a 100% share of 1-Bedroom inventory that leans strictly toward compact entry-level suite footprints.

What floor plans and unit layouts are currently available at Royal Pinnacle?

The dominant active layout at Royal Pinnacle is the 1-Bedroom, represented by 1 listing capturing a 100% inventory share. This single active tier features an average rent of $2,500 per month across an average size of 648 square feet at an asking rate of $3.86 per square foot. There are zero units currently available across all other layout tiers.

What is the average asking rent and $/SF by suite size at Royal Pinnacle?

Royal Pinnacle records a minimum entry rent, peak asking rent, dollar spread, and percentage spread all resting at $2,500 per month and $0 respectively due to single-listing inventory. The median asking rent sits at $2,500 per month, with the entry-level suite represented by a 648-square-foot 1-Bedroom asking $3.86 per square foot, matching the peak suite specifications identically.

How much extra do parking spaces and dens cost at Royal Pinnacle?

Royal Pinnacle features unquantified den premiums as active den metrics are null. Active parking premium data cannot be reliably isolated from current listings due to an insufficient sample size.

How do asking rents at Royal Pinnacle compare to local and municipal benchmarks?

Royal Pinnacle asking rents of $2,500 per month compare to the North York City Centre submarket average asking rent of $2,753 per month, while the building's active asking rate of $3.86 per square foot tracks 0.5% above the submarket asking benchmark of $3.84 per square foot. The lower monthly outlay for active units is driven by more compact suite sizing rather than cheaper unit pricing, with the building representing a 0.5% share of total submarket inventory across its 1 active listing.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Royal Pinnacle (Data period: For the month of August 2026).

Units Leased3
Avg Leased Price$3,542
Avg Leased Size899 sf
Avg Days to Lease8d
Leased $/SF$3.01

Leased Transaction Insights & Questions

How many suites were leased at Royal Pinnacle last month, and how fast did they rent?

At Royal Pinnacle, leased turnover averaged 8 days on market over the past 30 days and 14 days over the past 90 days, comparing favourably against the North York City Centre submarket benchmark DOM of 25 days. Closed lease counts tracked 3 deals over the trailing 30 days, 9 deals over the trailing 90 days, and 13 total lifetime transactions. Leasing turnover accelerated significantly over the summer months as days on market compressed.

What is the negotiation spread between asking rents and closed lease prices at Royal Pinnacle?

At Royal Pinnacle, transactions closed on average at an average discount of $13 per month or 0.69% off asking, yielding $156 in annual tenant savings and reflecting tenant-favorable negotiation leverage. Exactly 30.8% of leases closed under asking, while the remaining transactions secured full asking rates. Prospective renters successfully extracted minor landlord concessions during the tracking period.

What are typical executed lease prices across different layouts at Royal Pinnacle?

The two highest-volume anchor layouts at Royal Pinnacle are the 2-Bedroom and 1-Bedroom configurations, which averaged $3,203 per month with a 25-day DOM and $2,344 per month with a 35-day DOM respectively. The 2-Bedroom tier represents a moderate sample of 7 closed leases, spanning a P25-P75 range of $2,900 to $3,450 per month across an average size of 1,014 square feet at $3.23 per square foot. The 1-Bedroom tier represents a limited sample of 4 closed leases, spanning a P25-P75 range of $2,300 to $2,356 per month across an average size of 648 square feet at $3.62 per square foot. The 1-Bedroom + Den tier represents an individual single deal closed at $2,450 per month across 692 square feet at $3.54 per square foot with a 10-day DOM (note that this represents an individual transaction rather than a broad statistical benchmark). The 2-Bedroom + Den tier represents an individual single deal closed at $3,800 per month across 1,300 square feet at $2.92 per square foot with a 10-day DOM (note that this represents an individual transaction rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Royal Pinnacle?

At Royal Pinnacle, paired parking data was insufficient to reliably isolate a specific monthly parking premium for closed leases. Parking is routinely bundled directly into standard suite lease agreements, particularly across larger multi-bedroom floor plans. Active asking data similarly lacked isolated line-item parking values to establish a separate fee structure.

How does the lease-to-listing ratio at Royal Pinnacle reflect current tenant demand?

At Royal Pinnacle, overall average rents moved from $2,838 per month in May to $3,542 per month in August. May recorded 4 closed deals averaging $2,838 per month at $3.30 per square foot with a 52-day DOM. June followed with 3 closed deals averaging $2,508 per month at $3.67 per square foot with a 22-day DOM. July registered 3 closed deals averaging $2,850 per month at $3.42 per square foot with a 13-day DOM. August closed out the summer with 3 deals averaging $3,542 per month at $3.01 per square foot with an 8-day DOM.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Royal Pinnacle (Data period: For the month of August 2026).

Delisted Units2
Avg Asking Price$3,175
Avg Suite Size975 sf
Avg Days on Market65d
Delisted $/SF$3.35

De-Listed Market Analysis & Questions

How many listings de-listed at Royal Pinnacle, and what was their re-listing price compared to previous asking?

At Royal Pinnacle, a total of 2 units were delisted, yielding a delisted-to-30-day-leased ratio of 66.7% and a delisted-to-lifetime-leased ratio of 15.4%. The unrented pool consists of 1 terminated listing and 1 expired listing, with zero suspended units. This translates to roughly 1 listing pulled for every 6.5 successful lifetime leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Royal Pinnacle?

At Royal Pinnacle, unrented units asked an average of $3,175 per month, which is $367 per month below realized lease averages nominally due to smaller average floor plans, but commanded a higher rate per square foot ($3.35 per square foot vs $3.35 per square foot), demonstrating that prospective tenants rejected high density pricing.

What market friction causes rental listings to stall or de-list at Royal Pinnacle?

At Royal Pinnacle, delisted units averaged 65 days on market compared to 26 days for realized leases. This excess marketing duration of 39 days beyond lifetime averages translates into over a month of lost rental income plus ongoing monthly condo maintenance fees, representing the carrying cost of unrented inventory.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27428638863.3634
2026-04-28428638863.3635
2026-04-29428638863.3636
2026-04-30428638863.3637
2026-05-01428638863.3638
2026-05-02428638863.3639
2026-05-03428638863.3640
2026-05-04428638863.3641
2026-05-05428638863.3642
2026-05-06527908393.4634
2026-05-07527908393.4635
2026-05-08527908393.4636
2026-05-09527908393.4637
2026-05-10429138863.4439
2026-05-11327177483.6846
2026-05-12426387233.6936
2026-05-13426387233.6937
2026-05-14426387233.6938
2026-05-15426387233.6939
2026-05-16426387233.6940
2026-05-17426387233.6941
2026-05-18426387233.6942
2026-05-19326837503.6241
2026-05-20224506503.7711
2026-05-21224506503.7712
2026-05-22224506503.7713
2026-05-23224506503.7714
2026-05-24224506503.7715
2026-05-25224506503.7716
2026-05-26224506503.7717
2026-05-27425256753.749
2026-05-28425256753.7410
2026-05-29425256753.7411
2026-05-30425256753.7412
2026-05-31524856703.7110
2026-06-01524856703.7111
2026-06-02524856703.7112
2026-06-03524856703.7113
2026-06-04425066753.7112
2026-06-05425066753.7113
2026-06-06323926503.6816
2026-06-07323926503.6817
2026-06-08323926503.6818
2026-06-09323926503.6819
2026-06-10425066753.7115
2026-06-11425066753.7116
2026-06-12425066753.7117
2026-06-13325086833.6611
2026-06-14325086833.6612
2026-06-15325086833.6613
2026-06-16325086833.6614
2026-06-17325086833.6615
2026-06-18226007003.7115
2026-06-19226007003.7116
2026-06-20226007003.7117
2026-06-21226007003.7118
2026-06-22226007003.7119
2026-06-23226007003.7120
2026-06-24226007003.7121
2026-06-25226007003.7122
2026-06-26226007003.7123
2026-06-27226007003.7124
2026-06-28226007003.7125
2026-06-29226007003.7126
2026-06-30226007003.7127
2026-07-01226007003.7128
2026-07-02123506503.6236
2026-07-03123506503.6237
2026-07-04123506503.6238
2026-07-05123506503.6239
2026-07-06123506503.6240
2026-07-07123506503.6241
2026-07-08231759753.3521
2026-07-09231759753.3522
2026-07-10231759753.3523
2026-07-11231759753.3524
2026-07-12231759753.3525
2026-07-13231759753.3526
2026-07-14231759753.3527
2026-07-15231759753.3528
2026-07-16231759753.3529
2026-07-17231759753.3530
2026-07-18231759753.3531
2026-07-19231759753.3532
2026-07-20231759753.3533
2026-07-21329338813.4123
2026-07-22430259363.3118
2026-07-23430259363.3119
2026-07-24430259363.3120
2026-07-25430259363.3121
2026-07-26530209383.2817
2026-07-27530209383.2818
2026-07-28429508983.3523
2026-07-29429508983.3524
2026-07-30429508983.3525
2026-07-31331179673.2831
2026-08-01331179673.2832
2026-08-02331179673.2833
2026-08-03331179673.2834
2026-08-04231759753.3548
2026-08-05231759753.3549
2026-08-06231759753.3550
2026-08-07231759753.3551
2026-08-08231759753.3552
2026-08-09231759753.3553
2026-08-10231759753.3554
2026-08-11231759753.3555
2026-08-12123506503.6277
2026-08-13230759753.2739
2026-08-14230759753.2740
2026-08-15230759753.2741
2026-08-16230759753.2742
2026-08-17230759753.2743
2026-08-18230759753.2744
2026-08-19230759753.2745
2026-08-20230759753.2746
2026-08-21230759753.2747
2026-08-223328310833.1332
2026-08-23230259753.2345
2026-08-24230259753.2346
2026-08-25230259753.2347
2026-08-26328508663.4432
2026-08-27224256493.7447
2026-08-28224256493.7448
2026-08-29224256493.7449
2026-08-30125006483.864
2026-08-31125006483.865

12-Month Market Dynamics & Trend Trajectory

Royal Pinnacle at 33 Empress Ave in North York has established a lifetime leasing volume of 13 closed transactions with an average monthly rent of $2,927 per month, an average rate of $3.35 per square foot, and an average suite size of 899 square feet. Tenant turnover averaged 26 days on market across all historical records, reflecting steady rental demand in the North York City Centre submarket. Transaction distribution showed that roughly 30.8% of leases closed below asking while remaining units achieved full price. Tenants secured modest leverage during negotiations, extracting an average discount of $13 per month or 0.69% off asking prices, resulting in nominal annual tenant savings of $156 per year.

Available inventory summary

Royal Pinnacle located at 33 Empress Ave offers 1 active listing representing a 0.3% availability rate with an asking rent of $2,500 per month, an average size of 648 square feet, and an asking rate of $3.86 per square foot. Active inventory consists entirely of 1-Bedroom layouts, while active parking stall costs cannot be reliably isolated from current listings and den premiums are unquantified.

ConfigurationUnitsRent rangeAvg asking rentAvg $/PSFAvg DOM
No Den• With Parking
1
$2,500 – $2,500
$2,500
$3.86
5d

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-10229509753.1528
2026-05-17227257973.4576
2026-05-240N/AN/AN/AN/A
2026-05-31127507503.6710
2026-06-07124506503.7738
2026-06-14123256503.5818
2026-06-210N/AN/AN/AN/A
2026-06-28128007503.7322
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26228758963.278
2026-08-02130009503.169
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-232381313002.938

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Royal Pinnacle at 33 Empress Ave is flanked by an established residential competitive set in North York City Centre, including The Majestic I at 28 Empress Ave (0.08 km away, built in 2000, with 7 closed leases in the past 180 days), Empress Plaza I at 35 Empress Ave (0.08 km away, built in 1995, with 14 closed leases in the past 180 days), Gibson Square - South Tower at 5162 Yonge St (0.12 km away, built in 2015, with 29 closed leases in the past 180 days), and Gibson Square - North Tower at 5168 Yonge St (0.13 km away, built in 2015, with 18 closed leases in the past 180 days). This immediate micro-market bridges turn-of-the-millennium developments from 1995 to 2000 against mid-2010s high-rise construction, highlighting a structural generation gap between larger floor plans and newer, denser layouts. The overall competitive set registers an average lease rent of $2,828 per month at an average rate of $3.55 per square foot across an average footprint of 817 square feet. Royal Pinnacle, built in 2000 with 363 suites, operates as an established 363-suite residential development within this cluster, offering a compelling balance of generous suite sizing and competitive square-foot pricing relative to both its immediate 2000-era peers and the newer 2015 towers.

28 Empress Ave, North York

Avg Asking$2,911/mo
Avg $/SF$3.56
Rent Spread:
+$411/mo (+16.4%) Higher

35 Empress Ave, North York

Avg Asking$2,804/mo
Avg $/SF$3.11
Rent Spread:
+$304/mo (+12.1%) Higher

5162 Yonge St, North York

Avg Asking$2,916/mo
Avg $/SF$3.84
Rent Spread:
+$416/mo (+16.6%) Higher

8 Hillcrest Ave, North York

Avg Asking$2,611/mo
Avg $/SF$3.87
Rent Spread:
+$111/mo (+4.4%) Higher

5168 Yonge St, North York

Avg Asking$2,934/mo
Avg $/SF$3.83
Rent Spread:
+$434/mo (+17.4%) Higher

18 Hillcrest Ave, North York

Avg Asking$2,766/mo
Avg $/SF$3.13
Rent Spread:
+$266/mo (+10.6%) Higher

Comparable Analysis & Questions

How do rental rates at Royal Pinnacle compare to neighbouring buildings within North York City Centre?

Royal Pinnacle achieves an average lease rent of $2,927 per month, comparing directly against the overall comp average of $2,828 per month across key nearby benchmarks like The Majestic I, Empress Plaza I, and the Gibson Square towers. Specifically, The Majestic I (28 Empress Ave) reports an average lease rent of $2,743 per month at $3.56 per square foot across 779 square feet. Empress Plaza I (35 Empress Ave) records an average lease rent of $2,804 per month at $3.10 per square foot across 918 square feet. Gibson Square - South Tower (5162 Yonge St) averages $2,909 per month at $3.74 per square foot across 803 square feet. Finally, Gibson Square - North Tower (5168 Yonge St) posts an average lease rent of $2,856 per month at $3.81 per square foot across 768 square feet.

Does Royal Pinnacle offer a competitive price-per-square-foot ($/SF) against local comparables?

Royal Pinnacle delivers a compelling value proposition, leasing at an average rate of $3.35 per square foot with an average suite size of 899 square feet, providing a larger footprint at a more competitive square-foot rate than several adjacent mid-2010s builds. Renters evaluate trade-offs between older, more spacious floor plans and the compact efficiency of newer towers; for instance, Royal Pinnacle offers 131 more interior square feet than Gibson Square - North Tower, which asks $3.81 per square foot for its 768-square-foot units. Similarly, Royal Pinnacle trades at a discount below Gibson Square - South Tower, which charges $3.74 per square foot across 803 square feet, and undercuts The Majestic I's $3.56 per square foot rate while supplying 120 more interior square feet. While Empress Plaza I provides a slightly larger average footprint of 918 square feet at $3.10 per square foot, Royal Pinnacle bridges the gap by pairing generous 899-square-foot average layouts with modern building infrastructure and competitive pricing.

How do building age, amenities, and developer reputation impact rent spreads?

Royal Pinnacle provides a robust lifestyle and amenity profile that compares favorably against surrounding Empress Avenue and Yonge Street high-rises. The building features signature amenities including a Concierge & Security service, a Gym & Fitness Centre, a Yoga Studio, a Hot Tub & Jacuzzi, and a Sauna & Steam Room. When compared to nearby peers, Royal Pinnacle matches or exceeds local offerings: while The Majestic I includes a Pet Wash Station and a Library & Reading Room, and Empress Plaza I features a Squash & Racquetball Court alongside a Media & Theatre Room, Royal Pinnacle counters with specialized wellness spaces like its hot tub and yoga studio. Furthermore, compared to the 2015-built Gibson Square towers—which offer indoor pools, rooftop terraces, and garden courtyards—Royal Pinnacle maintains a comparable wellness and social suite including its Party & Lounge Room, Games & Billiards Room, and Meeting Room, effectively serving value-conscious professionals and families seeking extensive recreational infrastructure without premium 2015+ construction pricing.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Royal Pinnacle.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Royal Pinnacle.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.