The Village Residences — Rental Market Data

The Village Residences presents 11 active listings as of August 31, 2026, with an asking price range spanning from $2,350 to $3,250 per month, an average asking rent of $2,782 per month, and a median asking rent of $2,600 per month. Active suites average 715 square feet at an average asking rate of $3.96 per square foot. Two-bedroom configurations dominate active inventory with a 36.4 percent share, indicating that current availability leans toward larger, multi-room layouts rather than compact entry-level options.

The dominant active layout at The Village Residences is the 2-Bedroom tier, which accounts for 4 active listings and a 36.4 percent share of total current inventory. Standard 1-Bedroom suites account for 3 active listings representing a 27.3 percent share, with an average rent of $2,500 per month, an average size of 550 square feet, and an average rate of $4.55 per square foot. The 1-Bedroom + Den tier provides 3 active listings or a 27.3 percent share, averaging $2,483 per month across 637 square feet at an asking rate of $3.90 per square foot, while the single 2-Bedroom + Den listing comprises a 9.1 percent share at $3,100 per month across 850 square feet for $3.65 per square foot.

The Village Residences exhibits an active asking rent range from a minimum entry rent of $2,350 per month to a peak asking rent of $3,250 per month, creating a dollar spread of $900 and a percentage spread of 38.3 percent. The median asking rent sits at $2,600 per month across the building's active inventory. The entry-level suite is a 1-Bedroom unit spanning 550 square feet listed at $4.27 per square foot, whereas the peak suite is a 2-Bedroom layout spanning 850 square feet listed at $3.82 per square foot.

The Village Residences features 1-Bedroom + Den units averaging an active den premium of -$17 per month alongside a square footage delta of 87 square feet compared to standard 1-Bedroom suites. The marginal cost for the extra den space calculates to -$0.20 per square foot. Parking premium data cannot be reliably isolated from current listings due to insufficient paired samples or anomalous outliers.

The Village Residences records an average asking rent of $2,782 per month and an average asking rate of $3.96 per square foot, comparing to the Don Valley North submarket asking benchmark of $2,608 per month and $3.93 per square foot. Nominal asking rent variances are driven by differences in suite sizing rather than inflated unit pricing. The building's asking rate per square foot tracks 0.8 percent above the submarket asking benchmark while representing 11 active listings within a broader submarket inventory of 225 active rentals.

The Village Residences achieves an average lease rent of $2,635 per month, aligning closely with the overall comp average of $2,643 per month across key benchmarks including NY2, Lotus, NY Towers II - Waldorf West, and The Bayview - Manor House. Individual competitor performance varies by age and suite scale: NY2 at 18 Rean Dr reports an average lease rent of $2,375 per month at $3.90 per square foot across an average of 619 square feet; Lotus at 7 Kenaston Gdns records an average lease rent of $2,421 per month at $3.82 per square foot across 639 square feet; NY Towers II - Waldorf West at 2 Rean Dr logs an average lease rent of $2,825 per month at $3.43 per square foot across a larger 832 square feet; and The Bayview - Manor House at 15 Rean Dr commands an average lease rent of $2,950 per month at $3.19 per square foot across an expansive 925 square feet.

The Village Residences delivers a distinct value proposition by trading at an average of $4.01 per square foot across an average footprint of 665 square feet, positioning its rate above the overall submarket average of $3.80 per square foot. Renters evaluating the building versus older neighborhood alternatives make a deliberate trade-off between modern construction efficiencies and square footage: while 2000s-era alternatives like NY Towers II ($3.43 per square foot across 832 square feet) and The Bayview - Manor House ($3.19 per square foot across 925 square feet) offer larger absolute footprints, The Village Residences provides superior layout efficiency, contemporary finishes, and reduced utility burdens typical of a 2020 completion. Conversely, when compared to similarly sized modern peers like NY2 ($3.90 per square foot across 619 square feet) and Lotus ($3.82 per square foot across 639 square feet), the subject building supplies more interior square footage while maintaining a competitive modern pricing tier.

The Village Residences provides a robust, contemporary lifestyle and amenity profile that holds its own against established competing properties in the immediate node. The building features 6 signature amenities, anchored by concierge and security, a fully equipped gym and fitness centre, a party and lounge room, a rooftop terrace, an outdoor BBQ area, and an in-house golf simulator. When contrasted with nearby peers, The Village Residences matches or exceeds standard offerings: while NY2 features a shared laundry room, a cafe, and a garden alongside standard fitness and lounge spaces, and Lotus incorporates a yoga studio and a European-inspired spa, older developments like NY Towers II and The Bayview - Manor House lean heavily into traditional sprawling recreational spaces such as indoor pools, hot tubs, saunas, and games rooms. This amenity mix at The Village Residences specifically serves busy urban professionals and young families prioritizing modern wellness facilities, secure property management, and social outdoor entertaining spaces.