Radiance @ Gardens — Rental Market Data

Radiance @ Gardens carries six active listings as of August 31, 2026, with asking rents ranging from $2,200 to $3,400 per month, an average of $2,608 and a median of $2,525. The average suite measures 624 square feet at an asking rate of $4.28 per square foot. Inventory is split evenly between one-bedroom and one-bedroom-plus-den layouts at 33.3 percent each, with single studio and two-bedroom units rounding out the remaining 33.4 percent, placing the current pool squarely in the compact entry-level to mid-size range rather than multi-bedroom executive territory.

The dominant active layout at Radiance @ Gardens is the one-bedroom, with two listings representing 33.3 percent of available inventory. One-bedroom-plus-den suites also hold two units at 33.3 percent, averaging $2,675 per month on 650 square feet at $4.12 per square foot, while the single two-bedroom listing asks $3,400 on 850 square feet at $4.00 per square foot and the lone studio offers 395 square feet at $2,200 per month and $5.57 per square foot.

Radiance @ Gardens shows a $1,200 asking spread (54.5 percent) between its minimum entry rent of $2,200 per month and peak asking rent of $3,400 per month. The median asking rent sits at $2,525 per month. The entry-level studio spans 395 square feet at $5.57 per square foot, while the peak two-bedroom suite covers 850 square feet at $4.00 per square foot, meaning the higher-priced unit delivers substantially more living area at a lower unit rate.

Radiance @ Gardens carries a $325-per-month den premium on a 50-square-foot footprint delta, translating to a marginal cost of $6.50 per square foot for the additional den space. Active parking premiums cannot be reliably isolated from current listings due to an insufficient paired sample, and historical lease data does not provide a verified parking benchmark, so no parking add-on figure can be quoted with confidence.

Radiance @ Gardens asks an average of $2,608 per month at $4.28 per square foot, compared to the North York City Centre submarket asking benchmark of $2,753 per month at $3.84 per square foot. The building's lower nominal rent is driven by its more compact 624-square-foot average suite rather than cheaper unit pricing, as the rate per square foot runs 11.5 percent above the submarket average. The tower holds six of the 216 active listings in the submarket, representing roughly 2.8 percent of total available inventory.

Radiance @ Gardens' average closed-lease rent of $2,383 per month sits $122 below the four-building comp average of $2,505, making it the most competitively priced option in this immediate Sheppard Avenue East cluster. Spring at Gardens (23 Sheppard Ave E) leases at an average of $2,542 per month, $3.99 per square foot, and 648 square feet. Centre (2 Anndale Dr/5 Sheppard Ave E) commands the highest benchmark at $2,789 per month, $3.88 per square foot, and 729 square feet. Cosmo I (35 Bales Ave) trades at $2,179 per month, $3.87 per square foot, and 563 square feet, while Cosmo II (31 Bales Ave) closes at $2,511 per month, $3.70 per square foot, and 691 square feet.

Radiance @ Gardens delivers a value proposition anchored at $3.84 per square foot for an average 658-square-foot suite, positioning it at a modest discount to three of four nearby competitors while matching the submarket leased benchmark of $3.75 per square foot. Against Spring at Gardens, the subject offers 10 more interior square feet at a $0.15 per square foot lower rate, giving tenants additional space for less per-unit cost. Compared to Centre, the subject provides 71 fewer square feet but still trades at a $0.04 per square foot discount, meaning renters accept a tighter footprint in exchange for a lower per-foot price. Versus Cosmo I, the subject adds 95 square feet of interior space at a $0.03 per square foot lower rate—a meaningful upgrade in living area without a rate increase. The one exception is Cosmo II, where the subject commands a $0.14 per square foot premium over the comp's $3.70 rate while offering 33 fewer square feet, reflecting the building's superior amenity depth and concierge service.

Radiance @ Gardens offers the most comprehensive lifestyle package in this Sheppard Avenue East micro-market, pairing a full indoor pool, hot tub, and sauna with four signature features absent from at least one named competitor. The dedicated golf simulator is unique to the subject—none of the four comparables list one—giving residents a private practice facility unavailable at Spring at Gardens, Centre, Cosmo I, or Cosmo II. The business centre and meeting room combination exceeds the basic meeting rooms at Spring at Gardens and Cosmo II, which lack a dedicated work-from-home suite. The music room and library/reading room are both missing from Centre, Cosmo II, and Spring at Gardens, offering quiet creative and study spaces that those buildings do not provide. The subject's BBQ area and garden courtyard match the outdoor offerings at Spring at Gardens and Cosmo I but extend beyond Cosmo II, which lists neither. Together, this amenity stack best serves young professionals and small families in North York City Centre who want resort-style recreation, flexible workspaces, and a sense of community without stepping outside the building.