Emerald City Condominiums 2 — Rental Market Data

Emerald City Condominiums 2 has 4 active listings as of August 31, 2026, featuring a price range of $2,200 to $3,250 per month, an average asking rent of $2,638 per month, and a median asking rent of $2,550 per month. Active suites average 750 square feet with an average asking rate of $3.62 per square foot. The inventory is evenly split with a 50 percent share each for 1-Bedroom and 2-Bedroom configurations, providing a balanced selection between compact entry-level suites and multi-bedroom layouts.

The dominant active layout at Emerald City Condominiums 2 is the 1-Bedroom tier, which accounts for 2 active listings and a 50 percent inventory share. The 1-Bedroom units average $2,200 per month across 550 square feet at an asking rate of $4.00 per square foot. Meanwhile, the 2-Bedroom tier comprises the remaining 2 active listings with a 50 percent share, averaging $3,075 per month across 950 square feet at an asking rate of $3.24 per square foot.

Emerald City Condominiums 2 exhibits a minimum entry rent of $2,200 per month and a peak asking rent of $3,250 per month, creating a dollar spread of $1,050 and a percentage spread of 47.7 percent. The median asking rent stands at $2,550 per month. The entry-level option consists of a 1-Bedroom suite spanning 550 square feet priced at $4.00 per square foot, contrasted against the peak tier represented by a 2-Bedroom suite spanning 950 square feet priced at $3.42 per square foot.

Active den premium data for Emerald City Condominiums 2 cannot be isolated due to insufficient paired samples. Parking premium data is similarly inconclusive as active parking status is classified as an unreliable outlier or insufficient sample. Consequently, specific dollar amounts or square footage deltas for dens and parking stalls cannot be reliably quantified from current listings.

Emerald City Condominiums 2 asks an average rent of $2,638 per month at $3.62 per square foot, comparing to broader submarket benchmarks of $2,608 per month and $3.93 per square foot. The building's nominal monthly rent tracks slightly above the submarket asking average due to suite sizing, while its asking rate per square foot trades at a 7.9 percent discount below the submarket asking benchmark. This competitive pricing positions the building with a 1.8 percent share of the active submarket inventory of 225 listings.

Emerald City Condominiums 2 achieves an average lease rent of $2,500 per month, trading competitively against the overall micro-market comp average of $2,405 per month across key nearby benchmarks including Emerald City Condominiums, Dreamtower at Emerald City, The Park Club - Emerald City 6, and Biyu - The Colours of Emerald City. Individual performance across the competitor set shows Emerald City Condominiums at 70 Forest Manor Rd averaging $2,411 per month at $3.62 per square foot across 681 square feet. Dreamtower at Emerald City at 62 Forest Manor Rd reports an average lease of $2,455 per month at $3.62 per square foot across 689 square feet. The Park Club - Emerald City 6 at 56 Forest Manor Rd records an average lease of $2,473 per month at $3.77 per square foot across 671 square feet. Finally, Biyu - The Colours of Emerald City at 52 Forest Manor Rd posts an average lease of $2,282 per month at $3.82 per square foot across a more compact average footprint of 602 square feet.

Emerald City Condominiums 2 establishes its value proposition by offering a lower rate of $3.51 per square foot across an expansive average size of 719 square feet, undercutting the submarket average lease rate of $3.80 per square foot. Renters evaluating the building versus 70 Forest Manor Rd ($3.62 per square foot, 681 sq. ft.) and 62 Forest Manor Rd ($3.62 per square foot, 689 sq. ft.) benefit from a more competitive rate per square foot while enjoying 38 more interior square feet than both properties. Compared to newer peers like 56 Forest Manor Rd ($3.77 per square foot, 671 sq. ft.) and 52 Forest Manor Rd ($3.82 per square foot, 602 sq. ft.), tenants at Emerald City Condominiums 2 secure larger, more functional layouts at a 3.0% to 8.1% discount per square foot. This trade-off allows renters to prioritize generous interior square footage and lower relative utility burdens without sacrificing proximity to transit and local amenities.

Emerald City Condominiums 2 delivers an extensive wellness and recreation package that rivals newer developments in the immediate micro-market. Signature amenities include an indoor pool, a hot tub and jacuzzi, a dedicated yoga studio alongside a gym and fitness centre, and an outdoor rooftop terrace with a BBQ area. When contrasted with peer properties, the building matches or exceeds neighboring offerings such as the shared laundry configurations at 70 Forest Manor Rd and the standard fitness rooms found at 52 Forest Manor Rd, while incorporating resort-style additions like a sauna and steam room, a media and theatre room, and games and billiards rooms. This comprehensive lifestyle offering particularly serves working professionals, young couples, and families seeking robust on-site recreational facilities without paying peak luxury premiums.