Cityplace Matrix A — Rental Market Data

Cityplace Matrix A has three active listings as of August 31, 2026, spanning $2,800 to $3,500 per month with an average asking rent of $3,067 and a median of $2,900 per month. The average suite measures 751 square feet at an asking rate of $4.12 per square foot. Two of the three listings are one-bedroom-plus-den units (66.7 percent of active inventory), while the remaining listing is a two-bedroom-plus-den layout, meaning current availability skews toward compact entry-level configurations with a single executive-tier option.

The dominant active layout at Cityplace Matrix A is the one-bedroom-plus-den, with two listings representing 66.7 percent of available inventory at an average asking rent of $2,850 per month across 691 square feet and a rate of $4.17 per square foot. The two-bedroom-plus-den tier holds one listing (33.3 percent) at $3,500 per month for 870 square feet at $4.02 per square foot, making it a single-transaction option with no additional depth in that category.

Cityplace Matrix A's active asking rents range from a minimum of $2,800 per month to a peak of $3,500 per month, producing a $700 spread or 25 percent differential across the three available units. The median asking rent sits at $2,900 per month. The entry-level suite is a one-bedroom-plus-den measuring 759 square feet at $3.69 per square foot, while the peak listing is a two-bedroom-plus-den at 870 square feet and $4.02 per square foot.

Den premiums at Cityplace Matrix A cannot be reliably quantified from the current active sample, as the paired data required to isolate the marginal cost of den space is insufficient. Parking stall costs likewise cannot be quoted: the available paired listings do not support a reliable premium figure, and no verified parking add-on is confirmed in the active inventory.

Cityplace Matrix A's active asking rate of $4.12 per square foot sits 10 percent below the CityPlace / Fort York submarket asking benchmark of $4.58 per square foot, positioning the building as a more competitively priced option on a unit-rate basis. The average asking rent of $3,067 per month is slightly below the submarket average of $3,101 per month, and the 751-square-foot average suite size is larger than the 731-square-foot historical lease average, meaning renters gain additional space at a lower per-square-foot cost. Cityplace Matrix A accounts for three out of 148 available listings in the submarket, representing roughly 2 percent of total active inventory.

Cityplace Matrix A's average realized lease rent of $2,863 per month sits $90 below the four-comp benchmark of $2,953, with individual spreads ranging from $302 above Fly Condominiums to $575 below Apex at Cityplace C. Cityplace Matrix B (373 Front St W, 0.05 km) recorded 8 closed leases at an average of $2,987 per month, $4.50 per square foot, and 686 square feet—placing the subject $124 per month lower. Fly Condominiums (352 Front St W, 0.08 km) closed 31 leases averaging $2,561 per month, $4.28 per square foot, and 607 square feet, meaning the subject commands $302 more per month. Apex at Cityplace C (381 Front St W, 0.08 km) logged 4 closed leases at $3,438 per month, $3.91 per square foot, and 884 square feet, with the subject trading $575 lower. Element (20 Blue Jays Way, 0.09 km) recorded 10 closed leases at $2,825 per month, $3.82 per square foot, and 745 square feet, putting the subject $38 higher. All four competitors have active lease volume, so each provides a realized pricing benchmark rather than a reference-only data point.

Cityplace Matrix A leases at $3.97 per square foot across an average 731-square-foot suite, trading at a discount below both Cityplace Matrix B ($4.50 per square foot) and Fly Condominiums ($4.28 per square foot) while commanding a modest premium over Apex at Cityplace C ($3.91 per square foot) and Element ($3.82 per square foot). Against Matrix B, the subject offers 45 more interior square feet at a $0.53-per-square-foot (11.8 percent) rate discount, delivering both a lower total rent and a cheaper per-foot price for a larger footprint. Versus Fly, the subject provides 124 additional square feet at a $0.31-per-square-foot (7.2 percent) discount; the $302 higher nominal rent is entirely a function of the larger interior footprint rather than a higher asset valuation. Against Apex C, the subject trades at a $0.06-per-square-foot (1.5 percent) premium but provides 153 fewer square feet, so the $575 lower monthly rent reflects the smaller suite size rather than a cheaper rate. Compared with Element, the subject commands a $0.15-per-square-foot (3.9 percent) premium on 14 fewer square feet, a near-parity trade-off where the slightly higher rent buys a marginally higher per-foot rate for a comparable layout.

Cityplace Matrix A fields a 14-item amenity package anchored by an indoor pool, hot tub, sauna and steam room, basketball court, kids' play room, and salon and spa—broader in aquatic and family-oriented scope than any single competitor in the immediate cluster. Fly Condominiums (352 Front St W) offers a yoga studio, rooftop terrace, juice bar, and business centre that the subject lacks, but provides no pool, hot tub, basketball court, or dedicated children's space. Element (20 Blue Jays Way) includes a yoga studio and rooftop terrace absent from Matrix A, yet omits the basketball court, indoor kids' play room, and salon and spa. Apex at Cityplace C (381 Front St W) adds tennis and pickleball courts, squash and racquetball, an indoor soccer court, and a library that the subject does not carry, though it shares the pool, hot tub, basketball court, and salon. Matrix B (373 Front St W) mirrors most of the subject's aquatic and recreation features while adding a meeting room, business centre, and reflecting pond. The subject's package best serves families with young children and wellness-oriented professionals who want a full pool-and-spa complex, a dedicated kids' room, and on-site salon services without the premium pricing or compact footprints typical of the 2013-era Fly or the larger-suite Apex C.