Premier — Rental Market Data

Premier at 39 Oneida Cres has two active listings as of August 31, 2026, both priced at $2,300 per month with an average and median asking rent of $2,300. Each suite measures 550 square feet, yielding an asking rate of $4.18 per square foot. The entire active inventory is one-bedroom layout, representing a 100 percent share and indicating a compact entry-level profile rather than multi-bedroom executive options.

The sole active layout at Premier is the one-bedroom, with two listings comprising 100 percent of available inventory. Both units average 550 square feet at $2,300 per month, producing a rate of $4.18 per square foot. No two-bedroom, three-bedroom, or den configurations are currently listed, so renters seeking larger footprints must look to the broader Richmond Hill submarket.

Premier's two active listings both ask $2,300 per month, resulting in a zero-dollar spread and a 0 percent range. The entry-level suite is a one-bedroom at 550 square feet priced at $4.18 per square foot, and the peak asking suite is identical in type, size, and rate. With only two units listed at the same price point, there is no internal price gradient for renters to navigate within this building.

Premier's active den premium and associated square-footage delta cannot be quantified due to insufficient paired sample data. Marginal cost per square foot for additional den space is therefore unreported. Parking stall premiums also cannot be reliably isolated from the current listing data, as the available sample contains anomalous outliers that preclude a defensible per-stall figure.

Premier's active asking rent of $2,300 per month sits below the Richmond Hill submarket average asking rent of $2,800, yet its rate of $4.18 per square foot exceeds the submarket asking benchmark of $3.82 per square foot by 9.4 percent. The nominal rent advantage reflects the building's more compact 550-square-foot suites compared to the larger average footprint across the submarket. Premier's two active listings represent a small slice of the broader market, accounting for 2 out of 94 available listings in Richmond Hill.

Premier's all-time average realized lease rent of $2,163 per month sits $465 below the four-comp benchmark of $2,628, with every nearby competitor transacting at a higher nominal level. Park Glen I at 23 Oneida Crescent (0.11 km, 8 closed leases) averaged $2,459 per month at $3.29 per square foot across 750 square feet, placing the subject $296 lower. SkyCity – Tower One at 55 Oneida Crescent (0.12 km, 12 closed leases) realized $2,838 per month at $3.50 per square foot over 820 square feet, a $675 gap above the subject. Park Glen II at 11 Oneida Crescent (0.12 km, 8 closed leases) averaged $2,506 per month at $3.39 per square foot across 763 square feet, $343 above Premier. SkyCity – Tower Two at 65 Oneida Crescent (0.20 km, 7 closed leases) recorded $2,707 per month at $3.46 per square foot over 800 square feet, $544 higher than the subject's realized rent.

Premier leases at $3.62 per square foot across an average 600-square-foot suite, a rate that exceeds every active competitor in this Oneida Crescent pocket while delivering materially fewer interior square feet than each one. Against Park Glen I, the subject trades at a $0.33 per square foot (10.0%) premium yet provides 150 fewer interior square feet, meaning the lower $296 monthly rent is driven entirely by the smaller footprint rather than a discount in asset valuation. Versus SkyCity – Tower One, Premier commands a $0.12 per square foot (3.4%) premium while offering 220 fewer square feet, so the $675 nominal rent gap reflects the 820-versus-600 square-foot delta. Park Glen II shows the same pattern: a $0.23 per square foot (6.8%) premium for the subject with 163 fewer square feet producing a $343 lower monthly figure. SkyCity – Tower Two mirrors this at a $0.16 per square foot (4.6%) premium and 200 fewer square feet, accounting for the $544 rent differential. In every case the subject's lower headline rent is a function of compact suite geometry, not a weaker per-square-foot valuation.

Premier offers a seven-item amenity package anchored by an indoor pool, gym and fitness centre, rooftop terrace, party and lounge room, games and billiards room, concierge and security, and a library and reading room that no competitor in this immediate cluster replicates. The indoor pool places Premier in the same aquatic tier as SkyCity – Tower One and SkyCity – Tower Two, while Park Glen I and Park Glen II offer no pool at all. However, the SkyCity towers extend their wellness and social programming with yoga studios, sauna and steam rooms, dining rooms and kitchens, BBQ areas, garden courtyards, and media and theatre rooms—features Premier does not carry. Conversely, Premier's dedicated library and reading room is absent from all four competitors, giving the building a quiet-work and study orientation that the amenity-heavy SkyCity towers and the car-wash-and-business-centre-focused Park Glen pair do not provide. This package best serves cost-conscious young professionals and graduate students who prioritize a pool, gym, and a quiet in-building study space over the full-service resort-style amenity suites of the 2016–2019 SkyCity towers, while still benefiting from a lower monthly rent than any nearby alternative.