Fifth on the Park - Emerald City 5 — Rental Market Data

Fifth on the Park - Emerald City 5 features 5 active listings as of August 31, 2026, with an asking price range spanning from $2,200 to $2,700 per month, an average asking rent of $2,540 per month, and a median asking rent of $2,700 per month. Active suites maintain an average floor area of 656 square feet, translating to an average asking rate of $3.91 per square foot across the board. The dominant layout tier consists of 2-bedroom units holding a 60 percent share of current inventory, indicating that available stock leans toward multi-bedroom configurations rather than compact entry-level layouts.

The dominant active layout at Fifth on the Park - Emerald City 5 is the 2-bedroom tier, accounting for 3 active listings and a 60 percent inventory share. Available 2-bedroom units average $2,700 per month across 727 square feet at an asking rate of $3.74 per square foot. The 1-bedroom + den tier comprises the remaining 2 listings with a 40 percent share, averaging $2,300 per month across 550 square feet at an asking rate of $4.18 per square foot.

Fifth on the Park - Emerald City 5 presents a minimum entry rent of $2,200 per month and a peak asking rent of $2,700 per month, creating a dollar spread of $500 per month and a percentage spread of 22.7 percent. The median asking rent stands at $2,700 per month. The entry-level option is represented by a 1-bedroom + den layout spanning 550 square feet at an asking rate of $4.00 per square foot, while the peak suite is a 2-bedroom layout measuring 775 square feet with an asking rate of $3.48 per square foot.

Active den premium data for Fifth on the Park - Emerald City 5 cannot be isolated as corresponding square footage deltas and marginal costs are currently unavailable. Furthermore, active parking premium data cannot be reliably isolated due to an insufficient sample size or anomalous outliers.

Fifth on the Park - Emerald City 5 asks an average rent of $2,540 per month at $3.91 per square foot, comparing closely to the Don Valley North submarket asking benchmark of $2,608 per month at $3.93 per square foot. The building's nominal monthly rent variance is balanced against submarket norms, while its asking rate per square foot sits close to the broader submarket asking benchmark. This active inventory accounts for a small share of the 225 total active listings across the submarket.

Fifth on the Park - Emerald City 5 achieves an average lease rent of $2,454 per month, aligning closely with the overall competitive micro-market average of $2,440 per month while trading alongside benchmarks such as Biyu - The Colours of Emerald City and The Park Club - Emerald City 6. Individual competitor performance varies by age and suite sizing across the immediate 0.1-kilometer radius. Biyu - The Colours of Emerald City (52 Forest Manor Rd) recorded an average lease rent of $2,282 per month at $3.82 per square foot across an average of 602 square feet. The Park Club - Emerald City 6 (56 Forest Manor Rd) achieved an average lease rent of $2,473 per month at $3.77 per square foot across 671 square feet. The Point at Emerald City (38 Forest Manor Rd) logged an average lease rent of $2,620 per month at $3.83 per square foot across 707 square feet. Lumina at Emerald City (36 Forest Manor Rd) registered an average lease rent of $2,383 per month at $3.71 per square foot across 647 square feet.

Fifth on the Park - Emerald City 5 delivers a competitive value proposition in Don Valley North, leasing at an average rate of $3.95 per square foot across an average suite footprint of 638 square feet compared to the broader submarket average of $3.80 per square foot. Renters evaluating Fifth on the Park - Emerald City 5 against newer alternatives like The Point at Emerald City (707 square feet at $3.83 per square foot) trade slightly larger floor plates for the subject building's established community reputation and efficient layout utilization. Against 2018 peers such as Biyu - The Colours of Emerald City (602 square feet at $3.82 per square foot), Fifth on the Park - Emerald City 5 provides more interior square footage while maintaining a comparable capital commitment, ensuring tenants secure optimized functional space without paying a premium for newer construction vintage.

Fifth on the Park - Emerald City 5 features an extensive recreational and wellness package that anchors its appeal relative to surrounding Emerald City towers. Signature amenities at the subject building include a concierge and security service, an indoor pool with hot tub and jacuzzi, a gym and fitness centre, a car wash bay, and a party and lounge room with a shared dining and kitchen facility. When contrasted with Biyu - The Colours of Emerald City (52 Forest Manor Rd), which incorporates specialized wellness spaces like a yoga studio and a sauna and steam room, Fifth on the Park - Emerald City 5 counters with practical conveniences such as its car wash bay and comprehensive change room facilities. Similarly, while The Park Club - Emerald City 6 (56 Forest Manor Rd) and Lumina at Emerald City (36 Forest Manor Rd) feature rooftop terraces and kids' play rooms, Fifth on the Park - Emerald City 5 relies on its integrated courtyard gardens, media rooms, and high-speed Beanfield Fibre connectivity to serve urban professionals and small households seeking a balanced, full-service lifestyle.