625 Sheppard — Rental Market Data

625 Sheppard holds two active listings as of August 31, 2026, with asking rents ranging from $1,650 to $2,000 per month, an average of $1,825 and a median of $1,825. The average suite size across both listings is 456 square feet at an asking rate of 4.02 dollars per square foot. With one studio and one one-bedroom unit each representing 50 percent of active inventory, the current availability leans toward compact entry-level suites rather than multi-bedroom executive layouts.

The dominant active layout at 625 Sheppard is the one-bedroom tier, with one listing representing 50 percent of available inventory at an average asking rent of $2,000 per month, 511 square feet, and 3.91 dollars per square foot. The studio tier mirrors that share with one unit at $1,650 per month, 400 square feet, and 4.13 dollars per square foot. Both tiers are single-listing samples, so no tier offers a multi-unit selection for renters comparing options within the same bedroom count.

625 Sheppard's two active listings span a $350 spread, from a minimum entry rent of $1,650 to a peak asking rent of $2,000 per month, a 21.2 percent range. The median asking rent sits at $1,825 per month. The entry-level suite is a 400-square-foot studio priced at 4.13 dollars per square foot, while the peak listing is a 511-square-foot one-bedroom at 3.91 dollars per square foot, meaning the higher-priced unit actually delivers a lower per-square-foot rate due to its larger footprint.

625 Sheppard does not currently have a quantified den premium or square-footage delta between den and non-den suites, as no paired listings exist in the active inventory to isolate that differential. Active parking premiums also cannot be reliably isolated from current listings due to insufficient paired sample data. However, historical lease records at the building establish a verified parking stall cost of $272 per month, which serves as a reasonable reference point for renters budgeting for a spot.

625 Sheppard's active asking rent of $1,825 per month and 4.02 dollars per square foot compare against the Don Valley North submarket asking benchmark of $2,608 per month and 3.93 dollars per square foot. The building's nominal asking rent is $783 below the submarket average, a gap driven primarily by more compact suite sizing rather than cheaper unit pricing, since the per-square-foot rate actually runs 2.3 percent above the submarket asking benchmark. The building's two active listings represent roughly 0.9 percent of the submarket's 225 total active listings.

625 Sheppard's average closed-lease rent of $2,154 per month sits $1,756 below the four-comp average of $3,910, a gap driven largely by St. Gabriel Village II's outlier pricing, and trades at a modest discount to the three mid-size competitors in the cluster. Vida Condos at 621 Sheppard Ave E closed leases averaging $2,252 per month at $3.89 per square foot across 604 square feet of interior space, placing it $98 (4.4%) above the subject. St. Gabriel Terraces at 650 Sheppard Ave E recorded an average of $2,671 per month at $4.87 per square foot over 629 square feet, a $517 (19.4%) premium over 625 Sheppard. St. Gabriel Manor at 676 Sheppard Ave E leased at $2,467 per month, $3.37 per square foot, and 733 square feet on average, running $313 (12.7%) higher than the subject. St. Gabriel Village II at 662 Sheppard Ave E is the clear outlier, with an average closed-lease rent of $8,250 per month at $3.81 per square foot across 2,165 square feet, reflecting a fundamentally different product tier.

At $3.88 per square foot and 565 average square feet, 625 Sheppard offers a more competitive per-square-foot rate than Vida Condos ($3.89/sq ft) and St. Gabriel Terraces ($4.87/sq ft) while providing 39 and 64 fewer interior square feet respectively, meaning tenants trade a modest amount of floor area for a lower entry price and a newer building. Against St. Gabriel Manor, the subject commands a $0.51 per square foot premium (15.1% above the comp's $3.37) despite offering 168 fewer square feet, reflecting the value of its 2025 construction and expanded amenity deck over the 2011-built competitor. Compared with St. Gabriel Village II, 625 Sheppard trades at a slight $0.07 per square foot premium (1.8% above $3.81) but provides 1,600 fewer square feet, so the subject is a compact, amenity-rich product rather than a large-format suite. Tenants choosing 625 Sheppard accept a smaller footprint than all four comparables in exchange for the newest construction in the cluster, a broader lifestyle amenity set, and a per-square-foot rate that undercuts the two closest mid-size rivals.

625 Sheppard's 16-amenity package is the most feature-dense in its immediate Sheppard Avenue East cluster, offering several lifestyle elements that none of the four nearby competitors provide. The building's dedicated Yoga Studio, Business Centre, Pet Wash Station, outdoor Firepit, and Library & Reading Room are absent from Vida Condos, St. Gabriel Terraces, St. Gabriel Village II, and St. Gabriel Manor alike; while Vida Condos includes a Sports Bar & Restaurant and St. Gabriel Village II offers an Indoor Pool with Hot Tub & Jacuzzi, neither matches the subject's combination of wellness, productivity, and pet-friendly infrastructure. The Pet Wash Station in particular differentiates 625 Sheppard from every comp, none of which lists a dedicated pet grooming facility, and the Firepit adds an outdoor social element that the indoor-centric St. Gabriel properties lack. This amenity profile best serves young professional and small-pet-owning tenants in their late twenties to early thirties who prioritize a turnkey wellness routine, flexible work-from-home space, and low-maintenance pet care within a single building, without needing to split their lifestyle across multiple off-site facilities.