Park II — Rental Market Data

Park II at 7 Concorde Place holds two active listings as of August 31, 2026, with asking rents ranging from $2,150 to $3,000 per month, an average of $2,575, and a median of $2,575. The two suites average 875 square feet at an asking rate of $3.02 per square foot. Inventory is split evenly between a one-bedroom and a two-bedroom-plus-den layout, so the current mix spans compact entry-level space to a larger executive footprint rather than concentrating in a single tier.

The dominant active layout at Park II is the one-bedroom, holding one of two listings for a 50 percent inventory share. The one-bedroom averages 650 square feet at $2,150 per month and $3.31 per square foot, while the two-bedroom-plus-den offers 1,100 square feet at $3,000 per month and $2.73 per square foot. Both tiers carry a single listing each, so renters have no alternative units within the same bedroom category to compare.

Park II's two active listings span a dollar spread of $850, from a minimum entry rent of $2,150 per month to a peak asking rent of $3,000 per month, a 39.5 percent spread. The median asking rent sits at $2,575 per month. The entry-level one-bedroom offers 650 square feet at $3.31 per square foot, while the peak two-bedroom-plus-den provides 1,100 square feet at $2.73 per square foot, meaning the larger suite delivers more space at a lower per-square-foot rate.

Park II's active den premium cannot be quantified from current listings, as the den square-footage delta and marginal cost per square foot are unrecorded in the available data. Parking stall premiums also cannot be reliably isolated from the two active listings, and no verified historical parking benchmark exists in the lease records. Renters should request individual parking quotes directly from the leasing office.

Park II's active asking rent of $2,575 per month and $3.02 per square foot compare to the Don Mills submarket asking benchmark of $3,242 per month and $4.03 per square foot, placing the building 25.1 percent below the submarket on a per-square-foot basis. The lower nominal monthly outlay at Park II is partly driven by the 875-square-foot average suite size versus the broader submarket's larger average footprint, but the per-square-foot discount confirms genuinely more competitive unit pricing. Park II's two active listings represent 4.5 percent of the 44 total active listings across the Don Mills submarket.

Park II's average closed lease rent of $2,493 per month sits $1,226 below the four-building comp average of $3,719, reflecting a meaningful price advantage in this micro-market. Concorde Park I at 5 Concorde Pl (0.05 km) closed leases averaging $2,443 per month at $3.03 per square foot across 832 square feet, making it the closest rent benchmark to Park II. Courtyards of Concorde I & II at 18 Concorde Pl (0.1 km) recorded a single closed lease at $2,550 per month, $3.19 per square foot, and 800 square feet. Highgate Residence II at 3 Concorde Pl (0.15 km) and Highgate Residence I at 1 Concorde Pl (0.2 km) closed leases averaging $4,869 and $5,013 per month respectively, at $7.40 and $5.02 per square foot over 693 and 938 square feet—rates that run roughly double Park II's realized lease levels.

Park II leases at $3.17 per square foot across an average 832-square-foot suite, a rate that undercuts the comp average of $4.66 per square foot and the Don Mills submarket lease benchmark of $3.76 per square foot by roughly 17 percent. Against Concorde Park I, Park II trades at a $0.14 per square foot premium (4.6% higher) while offering identical average square footage, meaning tenants pay slightly more per foot for the same space. Compared with Courtyards of Concorde I & II, Park II delivers 32 additional square feet at a $0.02 per square foot discount, and versus Highgate Residence II it provides 139 more square feet at a $4.23 per square foot discount—substantial space and rate advantages. The one exception is Highgate Residence I, where Park II's suites average 106 fewer square feet yet still carry a $1.85 per square foot discount, so tenants gain on rate even while accepting a smaller footprint. Overall, Park II's value equation favours renters who prioritize per-square-foot affordability and a broad amenity package over the ultra-premium pricing seen at the Highgate pair.

Park II's 15-amenity lifestyle package matches or exceeds every nearby competitor on key resort-style features while adding several signature offerings absent from the surrounding cluster. The building's dedicated Media & Theatre Room has no equivalent at Concorde Park I, Courtyards of Concorde I & II, Highgate Residence I, or Highgate Residence II. Its Car Wash Bay is missing from Concorde Park I and both Highgate buildings, and its outdoor BBQ Area is not found at Concorde Park I or Courtyards of Concorde I & II. The Garden & Courtyard space at Park II is also absent from Concorde Park I's amenity list. Courtyards of Concorde I & II does offer a Dog Run, Yoga Studio, and Rooftop Terrace that Park II does not, but Park II counters with its Media & Theatre Room, Car Wash Bay, and BBQ Area to deliver a comparable breadth of lifestyle programming. This amenity mix best serves value-conscious professionals and young families in the Don Mills area who want full resort-style recreation—pool, spa, courts, fitness, social spaces, and convenience services—without paying the premium rates commanded by the Highgate pair or sacrificing space for a smaller, higher-priced suite.