Riverside Square - Central Collection — Rental Market Data

Riverside Square – Central Collection lists three available units as of August 31, 2026, with asking rents spanning $2,200 to $3,000 per month, an average of $2,600, and a median of $2,600. The active portfolio averages 667 square feet at $3.98 per square foot, and the inventory skews toward multi-bedroom layouts: two of the three listings (66.7 percent) are two-bedroom suites, while the remaining unit is a compact 500-square-foot one-bedroom at $4.40 per square foot. This mix positions the building slightly above the submarket implied average footprint of 656 square feet, offering renters a modestly more spacious entry point than the broader East Toronto asking inventory.

The dominant active layout at Riverside Square – Central Collection is the two-bedroom suite, with two listings representing 66.7 percent of available inventory at an average asking rent of $2,800 per month across 750 square feet and a rate of $3.76 per square foot. The one-bedroom tier holds a single listing at $2,200 per month for 500 square feet, translating to $4.40 per square foot—the highest per-square-foot rate in the active portfolio. With only three units total, renters in either tier face constrained selection and should monitor new listings closely.

Riverside Square – Central Collection's active asking rents range from a $2,200 entry point to a $3,000 peak, producing an $800 spread or 36.4 percent across the three available units. The median asking rent sits at $2,600 per month, anchoring the mid-range of the portfolio. The entry-level suite is a 500-square-foot one-bedroom priced at $4.40 per square foot, while the peak listing is an 850-square-foot two-bedroom at $3.53 per square foot, illustrating how the larger footprint dilutes the per-square-foot rate despite the higher nominal rent.

Active den premiums at Riverside Square – Central Collection cannot be reliably quantified, as no paired den-versus-no-den comparison exists in the current three-unit sample. Parking stall costs likewise cannot be isolated from active listings due to an unreliable or insufficient paired sample, so renters should request a direct quote from the leasing office rather than rely on platform data. Historical lease records do confirm a verified parking premium of $300 per month, which serves as a reasonable reference point when negotiating add-on costs.

Riverside Square – Central Collection's active asking rate of $3.98 per square foot matches the Toronto East submarket asking benchmark exactly, while the average monthly rent of $2,600 trails the submarket asking average of $2,611 by just $11. The building's 667-square-foot mean footprint runs 11 square feet above the submarket implied average of 656 square feet, meaning nominal rent differences are negligible and driven almost entirely by equivalent suite sizing. In terms of inventory share, these three listings represent 3 out of 74 active units in the Toronto East submarket, or roughly 4 percent of available rental stock in the broader area.

Riverside Square - Central Collection's one-year average realized rent of $2,527 per month runs $47 above the four-comp blended benchmark of $2,480 per month, with the spread driven primarily by larger suite footprints rather than a uniform rate premium. Against Riverside Square - City Collection (30 Baseball Pl, 0.04 km, 17 closed leases, $2,519 per month, $4.11 per square foot, 623 sq ft), the subject commands $8 higher in nominal rent while providing 40 more square feet. Riverside Square - Queen Collection (665 Queen St E, 0.05 km, 2 closed leases, $2,450 per month, $3.47 per square foot, 700 sq ft) shows the subject at $77 higher monthly rent but 37 fewer square feet, a configuration where the subject's smaller footprint still carries a higher total ask. Riverside Square - East Collection (25 Baseball Pl, 0.06 km, 6 closed leases, $2,317 per month, $4.09 per square foot, 575 sq ft) presents the widest gap: the subject's rent is $210 higher while delivering 88 additional square feet. Riverside Square I (15 Baseball Pl, 0.1 km, 6 closed leases, $2,633 per month, $4.20 per square foot, 628 sq ft) is the sole comp where the subject trades at a lower monthly rent—$106 below—despite providing 35 more square feet.

Riverside Square - Central Collection leases at $3.83 per square foot with an average 663-square-foot suite, placing it below the four-comp blended rate of $3.97 per square foot while offering 31 more square feet than the 632-square-foot comp average. Against Riverside Square - City Collection, the subject trades at a $0.28 per square foot (6.8%) discount while providing 40 more interior square feet, meaning the nominal rent gap of $8 is entirely a footprint effect rather than an asset-valuation premium. The Queen Collection comparison inverts this dynamic: the subject commands a $0.36 per square foot (10.4%) premium over that comp's $3.47 per square foot rate, yet provides 37 fewer square feet, so the $77 higher monthly rent reflects both a rate advantage and a smaller physical envelope. Against East Collection and Riverside Square I, the subject again trades at a per-square-foot discount—$0.26 and $0.37 respectively—while delivering 88 and 35 additional square feet, confirming that the subject's higher nominal rents in those pairings are driven by interior volume rather than a stronger per-unit valuation.

Riverside Square - Central Collection offers an eight-feature lifestyle package anchored by a Pet Wash Station, a facility absent from all four nearby competitors and the building's most distinctive differentiator in this pocket. The subject shares its Outdoor Pool, Gym & Fitness Centre, Rooftop Terrace, BBQ Area, Party & Lounge Room, Meeting Room, and Concierge & Security with the broader Riverside Square family, but the Pet Wash Station sets it apart from City Collection (which instead offers a Yoga Studio and Garden & Courtyard), Queen Collection (Spin Studio and Garden & Courtyard), East Collection (Games & Billiards Room and Media & Theatre Room), and Riverside Square I (Games & Billiards Room). The absence of a dedicated games room or media theatre in the subject's package, combined with the pet-focused infrastructure, signals a lifestyle orientation toward working professionals who keep dogs or cats and prioritize convenience and outdoor recreation over in-building entertainment. This positions the building squarely for pet-owning tenants in the Toronto East submarket who want pool access, fitness, and a rooftop social space without sacrificing a dedicated pet-care facility.