Cosmo I — Rental Market Data

Cosmo I holds four active listings as of August 31, 2026, spanning an asking range of $2,200 to $3,200 per month with an average of $2,725 and a median of $2,750. Average suite size across active inventory is 688 square feet at an asking rate of $4.18 per square foot. The two-bedroom layout commands a 50 percent share of available units, indicating that current inventory leans toward multi-bedroom executive suites rather than compact entry-level one-bedrooms.

The dominant active layout at Cosmo I is the two-bedroom, with two units representing 50 percent of available inventory at an average asking rent of $3,100 per month across 850 square feet and $3.68 per square foot. The one-bedroom tier holds a single listing at $2,200 per month for 400 square feet at $5.50 per square foot, while the one-bedroom-plus-den tier also carries one unit at $2,500 per month for 650 square feet at $3.85 per square foot. No zero-bedroom or studio units are currently available in the building.

Cosmo I's active asking rents range from a minimum of $2,200 to a peak of $3,200 per month, producing a dollar spread of $1,000 and a percentage spread of 45.5 percent. The median asking rent sits at $2,750 per month. The entry-level suite is a one-bedroom of 400 square feet priced at $5.50 per square foot, while the peak listing is a two-bedroom of 950 square feet at $3.37 per square foot, illustrating how the larger footprint compresses the unit rate despite the higher absolute rent.

Cosmo I's active den premium is $300 per month for an additional 250 square feet of space, translating to a marginal cost of $1.20 per square foot for the extra den area. Active parking premiums cannot be reliably isolated from current listings due to insufficient paired sample data, and no verified historical parking benchmark exists in the building's lease records.

Cosmo I's average asking rent of $2,725 per month sits slightly below the North York City Centre submarket asking average of $2,753 per month, yet the building's $4.18 per square foot exceeds the submarket asking benchmark of $3.84 per square foot by 8.9 percent. The lower nominal monthly outlay is driven by the mix of active inventory, which includes compact 400-square-foot one-bedrooms pulling the average rent down, rather than cheaper unit pricing. Cosmo I's four active listings represent approximately 1.9 percent of the submarket's 216 total active listings.

Cosmo I's all-time average lease rent of $2,179 per month sits $522 below the four-comp average of $2,701, reflecting its smaller suite footprints and 2006 construction era. Savvy Condominiums at 17 Anndale Dr (0.01 km) leases at $2,961 per month on 833 square feet at $3.58 per square foot; Cosmo II at 31 Bales Ave (0.05 km) averages $2,511 on 691 square feet at $3.70 per square foot; Centre at 2 Anndale Dr / 5 Sheppard Ave E (0.06 km) commands $2,789 on 729 square feet at $3.88 per square foot; and Spring at Gardens at 23 Sheppard Ave E (0.08 km) leases at $2,542 on 648 square feet at $3.99 per square foot. Cosmo I's 563-square-foot average suite is the smallest in this set, which explains the lower absolute rent despite a competitive per-square-foot rate.

Cosmo I leases at $3.87 per square foot on an average 563-square-foot suite, positioning it at a $0.29-per-square-foot premium over Savvy Condominiums ($3.58/SF) and a $0.17 premium over Cosmo II ($3.70/SF), while trading at a slight $0.01 discount to Centre ($3.88/SF) and a $0.12 discount to Spring at Gardens ($3.99/SF). Tenants choosing Cosmo I accept 270 fewer square feet than Savvy's 833, 128 fewer than Cosmo II's 691, 166 fewer than Centre's 729, and 85 fewer than Spring at Gardens' 648, in exchange for a lower absolute monthly rent of $2,179 versus the comp range of $2,511 to $2,961. The trade-off is straightforward: renters gain a more affordable entry point and a quieter, compact living environment, while those needing maximum interior space or premium per-foot value should weigh Centre and Spring at Gardens, which offer larger footprints at comparable or slightly higher per-square-foot rates.

Cosmo I's amenity package emphasizes quiet, wellness-oriented programming—indoor pool, sauna and steam room, gym, library and reading room, games and billiards, party lounge, meeting room, concierge security, and a garden courtyard—setting it apart from the more socially oriented decks at its nearest competitors. Where Savvy Condominiums offers a dedicated business centre, media and theatre room, and a full dining room and kitchen, Cosmo I instead provides a library and reading room absent from all four comparables, catering to tenants who prefer focused study or reading space over communal dining. Centre at 2 Anndale Dr features an outdoor pool, rooftop terrace, EV charging, yoga studio, and refrigerated grocery delivery storage; Cosmo I counters with an indoor pool usable year-round and a garden courtyard for private outdoor time. Spring at Gardens includes a hot tub and jacuzzi, BBQ area, and dining room that Cosmo I does not replicate, but Cosmo I's indoor pool and sauna/steam combination deliver a comparable wellness circuit without the social-dining emphasis. The building best serves young professionals and graduate students who value a quiet, wellness-forward lifestyle with indoor aquatic access and a dedicated reading environment over large-format social amenities and dining facilities.