Valleymede Towers - Building A — Rental Market Data

Valleymede Towers – Building A has exactly one active listing as of August 31, 2026, asking $2,400 per month with both the minimum and maximum rent at that same figure. The available suite spans 650 square feet at an asking rate of $3.69 per square foot. This single unit is a one-bedroom-plus-den layout, accounting for 100 percent of current active inventory, and represents a compact entry-level footprint rather than a multi-bedroom executive offering.

The sole active layout at Valleymede Towers – Building A is the one-bedroom-plus-den, with one unit representing 100 percent of available inventory. That listing asks $2,400 per month on 650 square feet, equating to $3.69 per square foot. No other bedroom tiers—studio, two-bedroom, or three-bedroom—currently carry active listings, making this a single-transaction sample with no cross-layout comparison possible.

With only one active listing at Valleymede Towers – Building A, the minimum and maximum asking rents are both $2,400 per month, producing a zero-dollar and zero-percent spread. The entry-level and peak suite are the same unit: a one-bedroom-plus-den of 650 square feet at $3.69 per square foot. Because the pricing spread is uncalculable in any meaningful sense with a single listing, renters should reference the building's historical lease benchmarks—averaging $2,622 per month across all tracked transactions—for a fuller picture of achievable pricing.

Active den premium and square-footage delta figures for Valleymede Towers – Building A are unquantified due to insufficient paired sample data. Marginal cost per square foot for the den component cannot be reliably isolated from the available listing. Parking stall premiums are likewise unquoted; the data set flags the parking figure as an unreliable outlier or insufficient sample, so no specific monthly parking add-on can be stated with confidence.

Valleymede Towers – Building A's active asking rent of $2,400 per month and $3.69 per square foot both trail the Richmond Hill submarket asking benchmarks of $2,800 per month and $3.82 per square foot. The 3.4 percent discount on a per-square-foot basis reflects the building's more compact 650-square-foot active suite relative to the broader submarket's larger average unit sizes. Valleymede Towers – Building A accounts for one out of 94 active listings in the Richmond Hill submarket, a 1.1 percent share of total available inventory.

Valleymede Towers – Building A's average realized lease rent of $2,622 per month runs $179 above the four-comp blended benchmark of $2,443, with the gap driven primarily by its larger suite footprints rather than a rate premium. Royal Gardens – II (Crown Building) at 372 Highway 7 E, 0.06 km away, closed 15 leases at an average of $2,289 per month ($3.64 per square foot, 635 sq ft), meaning the subject commands $333 more per month. Valleymede Towers – Building B at 398 Highway 7 E, 0.07 km away, recorded 9 closed leases averaging $2,717 per month ($3.44 per square foot, 794 sq ft), so the subject trades at $95 less per month. Royal Gardens – II (Palace Building) at 376 Highway 7 E, 0.08 km out, closed 6 leases at $2,308 per month ($3.92 per square foot, 608 sq ft), placing the subject $314 higher. Royal Gardens – I at 370 Highway 7 E, 0.17 km away, completed 13 leases averaging $2,456 per month ($3.57 per square foot, 703 sq ft), with the subject $166 above that figure. All four competitors posted active lease volume, so each provides a realized pricing benchmark rather than a zero-transaction reference.

Valleymede Towers – Building A leases at $3.52 per square foot for an average 758 square feet, a combination that undercuts the $3.64 per-square-foot comp average while delivering more interior space than three of the four nearby alternatives. Against Royal Gardens – II (Crown Building), the subject trades at a $0.12 per-square-foot (3.3%) discount yet provides 123 more square feet, so the higher nominal rent of $333 per month is entirely a footprint effect rather than a rate premium. Versus Valleymede Towers – Building B, the subject commands a $0.08 per-square-foot (2.3%) premium but offers 36 fewer square feet, which is why the monthly rent actually comes in $95 lower despite the higher per-square-foot rate. Royal Gardens – II (Palace Building) presents the sharpest contrast: the subject trades at a $0.40 per-square-foot (10.2%) discount while delivering 150 more square feet, making the $314 monthly premium a pure space differential. Royal Gardens – I shows the tightest spread, with the subject at a $0.05 per-square-foot (1.4%) discount and 55 additional square feet, accounting for its $166 higher rent. In every active comparison, the subject's nominal rent variance is driven by interior footprint rather than asset valuation.

Valleymede Towers – Building A offers a nine-feature lifestyle package centred on productivity, social gathering, and fitness, standing in contrast to the resort-style aquatic and outdoor amenities that define the three Royal Gardens towers. The subject's Business Centre, Dining Room & Kitchen, Games & Billiards Room, Library & Reading Room, and Yoga Studio are all absent from Royal Gardens – II (Crown Building), Royal Gardens – II (Palace Building), and Royal Gardens – I, each of which instead leads with swimming pools, hot tubs, saunas, golf simulators, rooftop terraces, and BBQ areas. Valleymede Towers – Building B mirrors the subject's amenity list almost exactly, confirming a shared developer philosophy for the 2020 pair. The Royal Gardens buildings, built in 2014, target renters who prioritise resort-style recreation—indoor pools, jacuzzis, steam rooms, and outdoor terraces—while the subject's package is engineered around remote-work infrastructure, communal dining, and structured fitness. The primary tenant demographic best served by this building's lifestyle package is the young professional or small household that values a modern, walkable Highway 7 East address with on-site meeting space, a dedicated yoga studio, and social common areas over pool-and-spa resort amenities.