Lumina at Emerald City — Rental Market Data

Lumina at Emerald City holds two active listings as of August 31, 2026, spanning a price range from $2,399 to $2,700 per month with an average asking rent of $2,550 and a median of $2,550. The average suite size is 700 square feet at an asking rate of $3.77 per square foot. Both available units are single-listing tiers, with one 1-Bedroom + Den and one 2-Bedroom, meaning the current inventory offers one compact entry-level option and one multi-bedroom executive layout rather than a deep selection in either category.

The dominant active layout at Lumina at Emerald City is the 1-Bedroom + Den, with one unit representing 50 percent of available inventory. The 1-Bedroom + Den averages $2,399 per month across 550 square feet at $4.36 per square foot, while the 2-Bedroom tier also holds one unit at 50 percent share, averaging $2,700 per month across 850 square feet at $3.18 per square foot. Both tiers are single-listing samples, so each represents an individual transaction rather than a market-rate cluster.

Lumina at Emerald City's active availability spans a $301 spread, or 12.5 percent, from a minimum entry rent of $2,399 to a peak asking rent of $2,700 per month. The median asking rent sits at $2,550 per month. The entry-level suite is a 1-Bedroom + Den at 550 square feet and $4.36 per square foot, while the peak offering is a 2-Bedroom at 850 square feet and $3.18 per square foot, reflecting a trade-off between compact density and expanded living space.

Lumina at Emerald City does not have a quantified den premium or square footage delta available from current active listings, as the single 1-Bedroom + Den unit cannot be paired with a comparable den-less suite to isolate marginal cost. Parking stall premiums also cannot be reliably isolated from the current two-listing sample, and historical lease data does not provide a verified parking benchmark. Renters should request individual parking and den pricing directly from the leasing office for these specific units.

Lumina at Emerald City's active asking rent of $2,550 per month sits $58 below the Don Valley North submarket asking average of $2,608, while its $3.77 per square foot rate is 4.1 percent under the submarket asking benchmark of $3.93 per square foot. The lower nominal rent is partly driven by the building's compact 700-square-foot average listing size, which keeps monthly outlays accessible despite a per-square-foot rate that remains competitive. The building's two active listings represent approximately 0.9 percent of the 225 total active listings across the Don Valley North submarket.

At $2,550/month ($3.77/SF), Lumina at Emerald City maintains a competitive market position compared to surrounding properties.

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Lumina at Emerald City and neighbouring options.