Dreamtower at Emerald City — Rental Market Data

Dreamtower at Emerald City has 2 active listings as of August 31, 2026, featuring a price range of $2,400 to $2,950 per month, an average asking rent of $2,675 per month, and a median asking rent of $2,675 per month. Active suites feature an average size of 750 square feet and an average asking rate of $3.58 per square foot. The active inventory is split evenly between 1-Bedroom + Den and 2-Bedroom configurations, representing a balanced distribution between compact entry-level options and multi-room executive layouts.

The dominant active layout at Dreamtower at Emerald City is the 1-Bedroom + Den, accounting for 1 active listing and a 50% inventory share. This entry-level 1-Bedroom + Den tier averages $2,400 per month across 650 square feet at an asking rate of $3.69 per square foot. The remaining active inventory consists of the 2-Bedroom tier, which also holds 1 listing and a 50% share, averaging $2,950 per month across 850 square feet at an asking rate of $3.47 per square foot.

Dreamtower at Emerald City records a minimum entry rent of $2,400 per month and a peak asking rent of $2,950 per month, creating a dollar spread of $550 per month and a percentage spread of 22.9%. The median asking rent sits at $2,675 per month. The entry-level option consists of a 1-Bedroom + Den layout spanning 650 square feet at an asking rate of $3.69 per square foot, while the peak suite comprises a 2-Bedroom layout spanning 850 square feet at an asking rate of $3.47 per square foot.

Active den premiums at Dreamtower at Emerald City cannot be quantified as current listings do not feature paired den versus non-den variations with isolated square footage deltas. Parking premium data is currently unreliable due to an insufficient sample size, preventing the isolation of accurate parking stall fees from active listings.

Dreamtower at Emerald City asks an average of $2,675 per month at $3.58 per square foot, which compares to the Don Valley North submarket asking benchmark of $2,608 per month at $3.93 per square foot. The higher nominal asking rent at the subject building is driven by larger average suite sizes rather than inflated unit pricing. The building's asking rate per square foot trades 8.9% below the submarket asking benchmark while representing a 0.9% share of total submarket inventory.

Dreamtower at Emerald City achieves an average lease rent of $2,460 per month, sitting very close to the overall micro-market comp average of $2,421 per month alongside key benchmarks like The Park Club - Emerald City 6 and Emerald City Condominiums. Individual competitor results show varied pricing power across the immediate streetscape: The Park Club - Emerald City 6 (56 Forest Manor Rd) records an average lease rent of $2,473 per month at $3.77 per square foot across 671 square feet; Emerald City Condominiums 2 (66 Forest Manor Rd) averages $2,516 per month at $3.52 per square foot across 723 square feet; Emerald City Condominiums (70 Forest Manor Rd) leases at $2,411 per month at $3.62 per square foot across 681 square feet; and Biyu - The Colours of Emerald City (52 Forest Manor Rd) commands $2,282 per month at $3.82 per square foot across a more compact 602 square feet.

Dreamtower at Emerald City establishes its value proposition by trading at an average of $3.62 per square foot across an average suite size of 691 square feet, positioning it at direct rate parity with older neighborhood peers while undercutting the per-square-foot costs of smaller newer builds. Renters evaluate this dynamic through clear spatial and financial trade-offs: compared to Biyu - The Colours of Emerald City at $3.82 per square foot across 602 square feet, Dreamtower offers 89 more square feet of interior space at a lower rate per square foot, providing superior layout breathing room. Similarly, against The Park Club - Emerald City 6 at $3.77 per square foot across 671 square feet, the subject building delivers 20 more interior square feet at a 4.0% discount per square foot. While Emerald City Condominiums 2 asks a slightly higher $3.52 per square foot for larger 723-square-foot floor plates, Dreamtower maintains optimal cost efficiency for tenants prioritizing functional square footage within the master-planned node.

Dreamtower at Emerald City delivers a robust lifestyle and amenity profile that matches the resort-style expectations of the master-planned Emerald City community. Residents enjoy signature features including a 24/7 Concierge & Security service, a fully equipped Gym & Fitness Centre, an Indoor Pool, a relaxing Hot Tub & Jacuzzi, and an expansive Rooftop Terrace paired with an outdoor BBQ Area and Garden & Courtyard. When contrasted with competing properties, Dreamtower holds its own against feature-rich peers like The Park Club - Emerald City 6 (which adds a Yoga Studio, Sauna & Steam Room, and Games Room) and Emerald City Condominiums 2 (which incorporates a Yoga Studio and Outdoor Children's Playground). While some newer neighboring phases integrate specialized wellness spaces, Dreamtower's core offering of an indoor pool, fitness center, and generous outdoor terrace satisfies the demands of professionals and small families seeking comprehensive building amenities without paying the peak pricing of newer adjacent construction.