Luxe Condominiums - I — Rental Market Data

Luxe Condominiums - I has exactly one active listing as of August 31, 2026, asking $2,600 per month with both the average and median rent at that single figure. The available suite spans 750 square feet at an asking rate of $3.47 per square foot, and the 100 percent layout share falls entirely in the two-bedroom tier. With only one unit on the market, inventory is neither skewed toward compact entry-level suites nor multi-bedroom executive layouts; it is a single mid-range two-bedroom offering in an otherwise fully occupied tower.

The sole active layout at Luxe Condominiums - I is a two-bedroom suite, representing 100 percent of available inventory with one listing at $2,600 per month. That unit measures 750 square feet and carries an asking rate of $3.47 per square foot. No one-bedroom, three-bedroom, or den-configuration units are currently listed, so renters seeking alternative bedroom counts must look to the broader North York City Centre submarket.

Luxe Condominiums - I shows a minimum and maximum asking rent of $2,600 per month, producing a dollar spread of zero and a percentage spread of zero percent because only one unit is active. The median asking rent is likewise $2,600 per month. The entry-level and peak suite are the same two-bedroom, 750-square-foot unit priced at $3.47 per square foot, so no internal price gradient exists within the building's current inventory.

Luxe Condominiums - I does not have a quantified active den premium or square-footage delta, as no den-configuration suite is currently listed to establish a marginal cost comparison. Active parking premiums also cannot be reliably isolated from the available data due to insufficient paired samples. Historical lease records do confirm a verified parking stall add-on of $250 per month, which serves as the best available reference for budgeting purposes.

Luxe Condominiums - I asks $2,600 per month and $3.47 per square foot, both figures below the North York City Centre submarket averages of $2,753 per month and $3.84 per square foot. The building's asking rate sits 9.6 percent under the submarket asking benchmark on a per-square-foot basis, and the 750-square-foot active suite is larger than the typical submarket unit, which helps explain why the nominal monthly rent appears competitive despite the lower rate. This single listing represents 1 out of 216 available units in the North York City Centre submarket.

Luxe Condominiums - I realizes an average lease rent of $2,491 per month, which sits $108 below the four-comp benchmark of $2,599 per month in this Yonge Street pocket. Against Luxe Condominiums II at 5793 Yonge St (0.02 km, 8 closed leases, $2,519 average rent, $3.40 per square foot, 750 sq ft), the subject trades at a $28-per-month lower rent. M2M Condos at 8 Olympic Garden Dr (0.04 km, 49 closed leases, $2,581 average rent, $3.79 per square foot, 695 sq ft) commands $90 more per month than the subject. Turnberry Court at 5795 Yonge St (0.09 km, 3 closed leases, $2,433 average rent, $2.64 per square foot, 923 sq ft) realizes $58 less per month, meaning the subject commands a higher monthly rent there. Place Nouveau I at 5785 Yonge St (0.11 km, 4 closed leases, $2,863 average rent, $4.22 per square foot, 875 sq ft) carries a $372-per-month premium over the subject's realized rent.

Luxe Condominiums - I leases at $3.51 per square foot on an average 722-square-foot suite, placing it at parity with the four-comp per-square-foot benchmark of $3.51 while delivering 89 fewer interior square feet than the 811-square-foot group average. Versus Luxe Condominiums II (750 sq ft), the subject trades at a $0.11 per square foot (3.2%) premium while providing 28 fewer interior square feet, so the higher rate is offset by a slightly more compact layout. Against M2M Condos (695 sq ft), the subject trades at a $0.28 per square foot (7.4%) discount and provides 27 more interior square feet, giving renters a larger footprint at a lower rate per square foot. Turnberry Court (923 sq ft) sees the subject command a $0.87 per square foot (33.0%) premium on 201 fewer interior square feet, reflecting the 21-year age gap and the older building's larger, less efficient layouts. Place Nouveau I (875 sq ft) shows the subject at a $0.71 per square foot (16.8%) discount on 153 fewer interior square feet, where the older tower's higher per-square-foot pricing is driven by its premium positioning rather than additional space.

Luxe Condominiums - I offers an eight-feature lifestyle package including an indoor pool, sauna and steam room, gym, party and lounge room, meeting room, games and billiards room, media and theatre room, and concierge security, positioning it as a full-service mid-rise without the newest-generation wellness and outdoor amenities found at its closest peers. Luxe Condominiums II adds a rooftop terrace, yoga studio, and library that the subject lacks, while M2M Condos extends its package with an outdoor pool, EV charging, pet wash station, daycare, kids' play room, business centre, BBQ area, and garden courtyard—features entirely absent from the subject's offering. Turnberry Court and Place Nouveau I each provide squash and racquetball courts and a hot tub or outdoor pool that the subject does not match, though the subject's indoor pool and media theatre room give it a distinct indoor-recreation edge over both 1980s towers. The building's amenity mix best serves young professionals and small households who prioritize a private indoor pool, fitness access, and a meeting room for remote work over outdoor terraces, pet infrastructure, or family-oriented facilities.