Market Data as of September 30, 2026

Royal Gardens - II (Crown Building) — Rental Market Data

372 Highway 7 E, Richmond Hill, Ontario L4B 0C6

Quick Rent Estimate

Last Lease

1-Bedroom

Lease Amount

$2,500/mo

Date Leased: September 15, 2026

Rent psf$3.33/sf

Turnover Velocity20 Days

Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium

Year Completed2014

Total Suites226

DeveloperLiberty Development Corp.

Royal Gardens - II (Crown Building) is a residential community located in Richmond Hill, Ontario. Completed in 2014, the property features an estimated 226 suites. While there are currently no active rental listings on the market, historical records show 2 closed lease transactions with an average realized rent of $2,425/month ($3.45/SF).

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom

Lease Amount$2,500/mo

Date LeasedSeptember 15, 2026

Rent psf$3.33/sf

Turnover Velocity20 Days

Active Inventory Status0 Available

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 Gardens - II (Crown Building) (Data period: For the month of September 2026).

Units Leased2

Avg Leased Price$2,425

Avg Leased Size705 sf

Avg Days to Lease18d

Leased $/SF$3.45

Leased Transaction Insights & Questions

How many suites were leased at Royal Gardens - II (Crown Building) last month, and how fast did they rent?

Over For the month of September 2026, 2 residential lease transactions closed at Royal Gardens - II (Crown Building), leasing in an average of 18 days on market.

What is the negotiation spread between asking rents and closed lease prices at Royal Gardens - II (Crown Building)?

Completed lease contracts averaged $2,425/month, compared to active asking rents of $0/month, reflecting a spread of $0/month (0.0%).

What are typical executed lease prices across different layouts at Royal Gardens - II (Crown Building)?

Executed lease contracts averaged $2,425/month ($3.45/SF) across closed suites.

What measurable rent premium did suites with parking achieve in closed leases at Royal Gardens - II (Crown Building)?

Dedicated parking stalls continue to command tangible contract premiums in finalized lease agreements.

How does the lease-to-listing ratio at Royal Gardens - II (Crown Building) reflect current tenant demand?

Absorption velocity remains active, demonstrating steady tenant turnaround across modern suite sizes.

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

Unit Type

Parking

Den

Chart Metrics

Max 2 Plotted

Compare up to 2 axes simultaneously:

Show Min / Max Range Bands

Left AxisAsking Price

Avg Asking Price

Right AxisUnits Available

Avg Units Available

Historical statistics trends for active listings
Date	Units Available	Avg Price ($)	Avg SqFt (SF)	Avg PSF ($/SF)	Avg DOM (Days)
2026-04-27	5	2250	574	3.95	18
2026-04-28	5	2250	574	3.95	19
2026-04-29	5	2250	574	3.95	20
2026-04-30	5	2250	574	3.95	21
2026-05-01	5	2250	574	3.95	22
2026-05-02	5	2250	574	3.95	23
2026-05-03	5	2250	574	3.95	24
2026-05-04	5	2250	574	3.95	25
2026-05-05	5	2250	574	3.95	26
2026-05-06	5	2250	574	3.95	27
2026-05-07	6	2233	570	3.94	23
2026-05-08	6	2233	570	3.94	24
2026-05-09	6	2233	570	3.94	25
2026-05-10	6	2233	570	3.94	26
2026-05-11	6	2233	570	3.94	27
2026-05-12	4	2200	543	4.06	24
2026-05-13	4	2200	543	4.06	25
2026-05-14	4	2200	543	4.06	26
2026-05-15	4	2200	543	4.06	27
2026-05-16	4	2200	543	4.06	28
2026-05-17	4	2200	543	4.06	29
2026-05-18	4	2200	543	4.06	30
2026-05-19	4	2200	543	4.06	31
2026-05-20	4	2200	543	4.06	32
2026-05-21	4	2200	543	4.06	33
2026-05-22	4	2200	543	4.06	34
2026-05-23	3	2200	540	4.08	34
2026-05-24	3	2200	540	4.08	35
2026-05-25	3	2200	540	4.08	36
2026-05-26	3	2200	540	4.08	37
2026-05-27	3	2200	540	4.08	38
2026-05-28	3	2200	540	4.08	39
2026-05-29	3	2200	540	4.08	40
2026-05-30	3	2200	540	4.08	41
2026-05-31	3	2200	540	4.08	42
2026-06-01	2	2175	535	4.07	41
2026-06-02	2	2213	535	4.14	29
2026-06-03	3	2258	573	3.96	20
2026-06-04	3	2258	573	3.96	21
2026-06-05	3	2258	573	3.96	22
2026-06-06	3	2258	573	3.96	23
2026-06-07	3	2258	573	3.96	24
2026-06-08	3	2258	573	3.96	25
2026-06-09	3	2258	573	3.96	26
2026-06-10	2	2213	535	4.14	37
2026-06-11	2	2213	535	4.14	38
2026-06-12	2	2213	535	4.14	39
2026-06-13	1	2225	550	4.05	11
2026-06-14	1	2225	550	4.05	12
2026-06-15	1	2225	550	4.05	13
2026-06-16	1	2225	550	4.05	14
2026-06-17	1	2225	550	4.05	15
2026-06-18	2	2313	625	3.74	8
2026-06-19	3	2258	600	3.79	6
2026-06-20	3	2258	600	3.79	7
2026-06-21	3	2258	600	3.79	8
2026-06-22	3	2258	600	3.79	9
2026-06-23	4	2281	613	3.75	8
2026-06-24	4	2281	613	3.75	9
2026-06-25	4	2281	613	3.75	10
2026-06-26	4	2281	613	3.75	11
2026-06-27	4	2281	613	3.75	12
2026-06-28	4	2281	613	3.75	13
2026-06-29	3	2300	633	3.65	9
2026-06-30	3	2300	633	3.65	10
2026-07-01	3	2300	633	3.65	11
2026-07-02	3	2300	633	3.65	12
2026-07-03	3	2300	633	3.65	13
2026-07-04	3	2300	633	3.65	14
2026-07-05	3	2300	633	3.65	15
2026-07-06	3	2300	633	3.65	16
2026-07-07	3	2300	633	3.65	17
2026-07-08	3	2300	633	3.65	18
2026-07-09	3	2300	633	3.65	19
2026-07-10	3	2300	633	3.65	20
2026-07-11	3	2300	633	3.65	21
2026-07-12	3	2300	633	3.65	22
2026-07-13	2	2375	675	3.52	23
2026-07-14	2	2375	675	3.52	24
2026-07-15	1	2350	650	3.62	22
2026-07-16	1	2350	650	3.62	23
2026-07-17	1	2350	650	3.62	24
2026-07-18	1	2350	650	3.62	25
2026-07-19	2	2525	750	3.40	13
2026-07-20	2	2525	750	3.40	14
2026-07-21	3	2467	715	3.48	10
2026-07-22	3	2467	715	3.48	11
2026-07-23	2	2525	748	3.41	3
2026-07-24	2	2525	748	3.41	4
2026-07-25	1	2700	850	3.18	6
2026-07-26	1	2700	850	3.18	7
2026-07-27	1	2700	850	3.18	8
2026-08-07	1	2350	650	3.62	N/A
2026-08-08	1	2350	650	3.62	1
2026-08-09	1	2350	650	3.62	2
2026-08-10	1	2350	650	3.62	3
2026-08-11	1	2350	650	3.62	4
2026-08-12	1	2350	650	3.62	5
2026-08-13	1	2350	650	3.62	6
2026-08-20	1	2395	660	3.63	N/A
2026-08-21	1	2395	660	3.63	1
2026-08-22	1	2395	660	3.63	2
2026-08-23	1	2395	660	3.63	3
2026-08-24	1	2395	660	3.63	4
2026-08-25	1	2395	660	3.63	5
2026-08-26	2	2448	705	3.48	3
2026-08-27	2	2448	705	3.48	4
2026-08-28	2	2448	705	3.48	5
2026-08-29	2	2448	705	3.48	6
2026-08-30	2	2448	705	3.48	7
2026-08-31	2	2448	705	3.48	8
2026-09-01	2	2448	705	3.48	9
2026-09-02	2	2448	705	3.48	10
2026-09-03	2	2448	705	3.48	11
2026-09-04	1	2500	750	3.33	9
2026-09-05	1	2500	750	3.33	10
2026-09-06	1	2500	750	3.33	11
2026-09-07	1	2500	750	3.33	12
2026-09-08	1	2500	750	3.33	13
2026-09-09	1	2500	750	3.33	14
2026-09-10	1	2500	750	3.33	15
2026-09-11	1	2500	750	3.33	16
2026-09-12	1	2500	750	3.33	17
2026-09-13	1	2500	750	3.33	18
2026-09-14	1	2500	750	3.33	19

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Royal Gardens - II (Crown Building) reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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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

Unit type

Parking

Den

Lease vs Asking Price Performance

Chart metrics & timeframe

Max 2 selected

Select metrics to plot

Timeframe

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Show min/max boundaries

Latest leased insights and trends

Left AxisLeased Price

Avg Leased Price

Right AxisUnits Leased

Avg Units Leased

Historical statistics trends for leased transactions
Date	Units Leased	Avg Leased Price ($)	Avg SqFt (SF)	Avg PSF ($/SF)	Avg DOM (Days)
2026-05-10	2	2250	625	3.62	37
2026-05-17	1	2100	550	3.82	37
2026-05-24	0	N/A	N/A	N/A	N/A
2026-05-31	1	2100	550	3.82	26
2026-06-07	2	2225	585	3.83	38
2026-06-14	0	N/A	N/A	N/A	N/A
2026-06-21	0	N/A	N/A	N/A	N/A
2026-06-28	1	2150	550	3.91	27
2026-07-05	0	N/A	N/A	N/A	N/A
2026-07-12	2	2250	625	3.62	26
2026-07-19	2	2325	648	3.59	17
2026-07-26	1	2700	850	3.18	9
2026-08-02	0	N/A	N/A	N/A	N/A
2026-08-09	1	2330	650	3.58	7
2026-08-16	0	N/A	N/A	N/A	N/A
2026-08-23	0	N/A	N/A	N/A	N/A
2026-08-30	1	2400	660	3.64	15
2026-09-06	0	N/A	N/A	N/A	N/A
2026-09-13	1	2450	750	3.27	20

Nearby Building Rental Comparables & Price Spreads

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

Comparing rental asking rates and price-per-square-foot ($/SF) at Royal Gardens - II (Crown Building) with 6 tracked residential buildings in the immediate vicinity.

Royal Gardens - II (Palace Building)24 m

376 Highway 7 E, Richmond Hill

Avg Asking$2,310/mo

Avg $/SF$3.90

Rent Spread:

N/A

Valleymede Towers - Building A64 m

396 Highway 7 E, Richmond Hill

Avg Asking$2,593/mo

Avg $/SF$3.59

Rent Spread:

N/A

Royal Gardens - I117 m

370 Highway 7 E, Richmond Hill

Avg Asking$2,406/mo

Avg $/SF$3.64

Rent Spread:

N/A

Valleymede Towers - Building B127 m

398 Highway 7 E, Richmond Hill

Avg Asking$2,698/mo

Avg $/SF$3.46

Rent Spread:

N/A

Thornhill Tower II139 m

48 Suncrest Blvd, Markham

Avg Asking$2,279/mo

Avg $/SF$3.53

Rent Spread:

N/A

Thornhill Tower I170 m

62 Suncrest Blvd, Markham

Avg Asking$2,303/mo

Avg $/SF$3.25

Rent Spread:

N/A

Comparable Analysis & Questions

How do rental rates at Royal Gardens - II (Crown Building) compare to neighbouring buildings within Richmond Hill?

At $0/month ($0.00/SF), Royal Gardens - II (Crown Building) maintains a competitive market position compared to surrounding properties.

Does Royal Gardens - II (Crown Building) offer a competitive price-per-square-foot ($/SF) against local comparables?

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

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Royal Gardens - II (Crown Building) and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Royal Gardens - II (Crown Building).

Building Amenities

Concierge & Security
Gym & Fitness Centre
Hot Tub & Jacuzzi
Sauna & Steam Room
Golf Simulator
Party & Lounge Room
Meeting Room
BBQ Area
Rooftop Terrace
Garden & Courtyard
Swimming Pool

Residential Buildings in the Vicinity

Royal Gardens - II (Palace Building)24 m
Valleymede Towers - Building A64 m
Royal Gardens - I117 m
Valleymede Towers - Building B127 m
Thornhill Tower II139 m
Thornhill Tower I170 m
Victoria Tower223 m
Galleria Tower232 m
Pavilia Towers - Building B232 m
Pavilia Towers - Building A294 m
The Tower II336 m
Parkview Tower II337 m

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Royal Gardens - II (Crown Building).

Snapshot Dates & Benchmark Cadence

Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.