42 Thorncliffe Park Drive — Rental Market Data

42 Thorncliffe Park Drive maintains 2 active listings as of August 31, 2026, with an asking price range between $1,895 and $2,195 per month and an average rent of $2,045 per month. The median asking rent matches the average at $2,045 per month per month, paired with an overall average suite size of 800 square feet and an asking rate of $2.61 per square foot. Active inventory is evenly divided between 1-bedroom and 2-bedroom floor plans, each holding a 50 percent share of the available units.

The dominant active layout at 42 Thorncliffe Park Drive is the 1-Bedroom floor plan, which accounts for 1 active listing and a 50 percent inventory share. The 1-Bedroom tier averages $1,895 per month across 650 square feet for an asking rate of $2.92 per square foot, classified as a single listing sample tier. The remaining inventory consists of the 2-Bedroom tier, which also holds 1 active listing representing a 50 percent share with an average asking rent of $2,195 per month across 950 square feet at $2.31 per square foot.

42 Thorncliffe Park Drive exhibits a minimum entry rent of $1,895 per month and a peak asking rent of $2,195 per month, resulting in a dollar spread of $300 and a percentage spread of 15.8 percent. Median asking rent stands at $2,045 per month. The entry-level option is a 1-Bedroom suite spanning 650 square feet priced at $2.92 per square foot, while the peak tier is represented by a 2-Bedroom suite spanning 950 square feet priced at $2.31 per square foot.

Active den premium data for 42 Thorncliffe Park Drive is currently unquantified as active den premium dollars and square footage deltas are null. Consequently, marginal costs for extra den space cannot be isolated from the dataset. Furthermore, active parking premium data cannot be reliably isolated due to an anomalous outlier or insufficient paired sample.

42 Thorncliffe Park Drive features an active asking rent of $2,045 per month at $2.61 per square foot, trailing the broader East York submarket asking averages of $2,211 per month and $3.08 per square foot. The nominal rent variance is supported by more compact suite sizing across the building's active inventory. The property's asking rate per square foot tracks 15.3 percent below the submarket asking benchmark, backed by 2 active listings within a submarket inventory pool of 55 units.

At 42 Thorncliffe Park Drive, the average lease rent stands at $1,800 per month, positioning the building below the overall comparable market average of $2,267 per month alongside benchmarks such as 2 Grandstand Place, Glen Valley, and Glen Valley Condos. Individual competitor results show 2 Grandstand Place averaging $2,495 per month at $3.33 per square foot across 750 square feet with 1 closed lease, while Centennial Towers at 65 Thorncliffe Park Drive reports no closed leases in the past 180 days. Furthermore, Glen Valley at 715 Don Mills Road records an average lease rent of $2,167 per month at $2.97 per square foot across an average of 733 square feet with 6 closed leases, and Glen Valley Condos at 735 Don Mills Road averages $2,138 per month at $2.72 per square foot across 800 square feet with 4 closed leases.

The value proposition at 42 Thorncliffe Park Drive is defined by an average leased rate of $2.77 per square foot across an average footprint of 650 square feet, offering a competitive economic alternative to nearby multi-family properties and established condominium alternatives in East York. Renters evaluate this asset by weighing the benefits of modern construction efficiency against older, larger alternatives in the micro-market, such as Glen Valley Condos at 735 Don Mills Road offering 800 square feet at $2.72 per square foot, and Glen Valley at 715 Don Mills Road delivering 733 square feet at $2.97 per square foot. While older competitors provide larger absolute square footages, 42 Thorncliffe Park Drive delivers modern layout configurations and contemporary building systems at a rate that aligns closely with wider submarket asking benchmarks of $3.08 per square foot.

Residents at 42 Thorncliffe Park Drive enjoy a curated lifestyle profile anchored by a shared laundry room, concierge and security services, and a dedicated dog run. When contrasted against nearby competitors, the building trades expansive multi-facility offerings—such as the indoor pool, games and billiards room, gym and fitness centre, sauna and steam room, meeting room, party and lounge room, library and reading room, business centre, garden and courtyard, and children's playground found at Glen Valley Condos at 735 Don Mills Road—for a streamlined, pet-friendly, and secure urban living experience. This amenity structure directly serves urban professionals and pet owners seeking modern foundational security and pet convenience without paying for extensive recreational infrastructure.