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Market Data as of August 31, 2026

Miracle at Yonge - II — Rental Market Data

73 King William Cres, Richmond Hill, Ontario L4B 0C2
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,190/mo
Date Leased: July 22, 2026
Rent psf$3.08/sf
Turnover VelocityFast (13d)
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2013
Total Suites148
DeveloperPemberton Group

Pemberton Group developed Miracle at Yonge - II at 73 King William Cres in Richmond Hill, completing the 148-suite established residential building in 2013. Zero active listings are currently available on the market, yielding an availability rate of 0% as of August 2026. Recent leasing activity shows 1 closed lease over the past 90 days with an average of 13 days on market, alongside a 30-day closed count of 0 leases with an average of 0 days on market.

Active asking rent data is unavailable due to the zero-inventory status, while historical 90-day leases realized an average of $2,190 per month at an average rate of $3.08 per square foot. The building's all-time average lease rate of $3.14 per square foot sits 15.2% below submarket leased benchmarks of $3.63 per square foot, reflecting more competitive square footage pricing rather than structural quality differences. Historical leasing demonstrates balanced market leverage with zero negotiation spread, meaning past deals closed exactly at asking price.

Marketing friction remains minimal, demonstrated by closed leases averaging 11 days on market compared to 60 days on market for delisted units. There are zero units currently available for prospective tenants across all layout tiers, leaving renters with no active inventory selection at this property while unrented units asked $3,000 per month on average.

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,190/mo
Date LeasedJuly 22, 2026
Rent psf$3.08/sf
Turnover VelocityFast (13d)
Active Inventory Status0 Available

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Miracle at Yonge - II (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$3,000
Avg Suite Size950 sf
Avg Days on Market60d
Delisted $/SF$3.16

De-Listed Market Analysis & Questions

How many listings de-listed at Miracle at Yonge - II, and what was their re-listing price compared to previous asking?

At Miracle at Yonge - II, a total of 1 unrented unit was delisted, representing a delisted-to-lifetime-leased ratio percentage of 50% with the listing status classified entirely as suspended. This indicates a relatively high withdrawal rate of 1 pulled listing for every 2 successfully completed leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Miracle at Yonge - II?

At Miracle at Yonge - II, unrented units asked an average of $3,000 per month, which was $705 per month higher nominally than realized leases due to larger floor plans, while commanding a lower rate of $3.16 per square foot compared to the historical lease rate of $3.14 per square foot.

What market friction causes rental listings to stall or de-list at Miracle at Yonge - II?

At Miracle at Yonge - II, delisted units averaged 60 days on market compared to a realized lease average of 11 days. This 49-day excess marketing window generated substantial friction, imposing nearly two months of lost rental income plus ongoing monthly condo maintenance fees as a direct carrying cost of unrented vacancy.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27126007503.4755
2026-04-28126007503.4756
2026-04-29126007503.4757
2026-04-30126007503.4758
2026-05-01126007503.4759
2026-05-02126007503.4760
2026-05-03126007503.4761
2026-05-04126007503.4762
2026-05-05126007503.4763
2026-05-06126007503.4764
2026-05-07124007503.20N/A
2026-05-08124007503.201
2026-05-09124007503.202
2026-05-10124007503.203
2026-05-11124007503.204
2026-05-12124007503.205
2026-05-13124007503.206
2026-05-14124007503.207
2026-06-23130009503.16N/A
2026-06-24130009503.161
2026-06-25130009503.162
2026-06-26130009503.163
2026-06-27130009503.164
2026-06-28130009503.165
2026-06-29130009503.166
2026-06-30130009503.167
2026-07-01130009503.168
2026-07-02130009503.169
2026-07-03130009503.1610
2026-07-04130009503.1611
2026-07-05130009503.1612
2026-07-06130009503.1613
2026-07-07130009503.1614
2026-07-08130009503.1615
2026-07-09225958303.128
2026-07-10225958303.129
2026-07-11225958303.1210
2026-07-12225958303.1211
2026-07-13225958303.1212
2026-07-14225958303.1213
2026-07-15225958303.1214
2026-07-16225958303.1215
2026-07-17225958303.1216
2026-07-18225958303.1217
2026-07-19225958303.1218
2026-07-20225958303.1219
2026-07-21225958303.1220
2026-07-22130009503.1629
2026-07-23130009503.1630
2026-07-24130009503.1631
2026-07-25130009503.1632
2026-07-26130009503.1633
2026-07-27130009503.1634
2026-07-28130009503.1635
2026-07-29130009503.1636
2026-07-30130009503.1637
2026-07-31130009503.1638
2026-08-01130009503.1639
2026-08-02130009503.1640
2026-08-03130009503.1641
2026-08-04130009503.1642
2026-08-05130009503.1643
2026-08-06130009503.1644
2026-08-07130009503.1645
2026-08-08130009503.1646
2026-08-09130009503.1647
2026-08-10130009503.1648
2026-08-11130009503.1649
2026-08-12130009503.1650
2026-08-13130009503.1651
2026-08-14130009503.1652
2026-08-15130009503.1653
2026-08-16130009503.1654
2026-08-17130009503.1655
2026-08-18130009503.1656
2026-08-19130009503.1657
2026-08-20130009503.1658
2026-08-21130009503.1659

12-Month Market Dynamics & Trend Trajectory

Miracle at Yonge - II has achieved a lifetime leasing volume of 2 closed transactions with an average monthly rent of $2,295 per month, an average rate of $3.14 per square foot, an average suite size of 730 square feet, and a lifetime days on market of 11 days. Properties in this building secure tenants swiftly when units are accurately priced. Pricing discipline across the building is absolute, with 100% of transactions closing exactly at asking price and generating a net negotiation spread of zero dollars. Landlords and tenants established balanced market leverage with no concessions, discounts, or premiums recorded across the verified leasing history.

Loading inventory data…

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-10124007503.208
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-19121907103.0813

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Miracle at Yonge - II at 73 King William Cres (built in 2013, 148 total suites, 0 active listings) competes within an established micro-market alongside Miracle at Yonge - I at 75 King William Cres (0.04 km away, built in 2013, 4 active comps), Yonge Parc 2 at 85 Oneida Cres (0.09 km away, built in 2022, 12 active comps), Yonge Parc at 75 Oneida Cres (0.1 km away, built in 2020, 13 active comps), and Era at Yonge at 95 Oneida Cres (0.12 km away, built in 2024, 26 active comps). This competitive cluster showcases a distinct generational split, contrasting the mature 2013 structural era of the subject building with newer master-planned inventory constructed between 2020 and 2024. Across this four-building competitive set, the micro-market commands an overall average lease rent of $2,594 per month at an average rate of $3.54 per square foot across an average suite size of 739 square feet. Miracle at Yonge - II occupies a mature value position within this corridor, leveraging its 2013 construction heritage to provide competitive pricing and floor plans compared to the newer, premium-priced mid-rise inventory delivering higher square foot rates across Oneida Crescent.

75 King William Cres, Richmond Hill

Avg Asking$2,364/mo
Avg $/SF$3.42
Rent Spread:
N/A

85 Oneida Cres, Richmond Hill

Avg Asking$2,665/mo
Avg $/SF$3.54
Rent Spread:
N/A

75 Oneida Cres, Richmond Hill

Avg Asking$2,753/mo
Avg $/SF$3.52
Rent Spread:
N/A

95 Oneida Cres, Richmond Hill

Avg Asking$2,819/mo
Avg $/SF$3.67
Rent Spread:
N/A

105 Oneida Cres, Richmond Hill

Avg Asking$2,832/mo
Avg $/SF$3.74
Rent Spread:
N/A

185 Oneida Cres, Richmond Hill

Avg Asking$2,621/mo
Avg $/SF$3.27
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Miracle at Yonge - II compare to neighbouring buildings within Richmond Hill?

Miracle at Yonge - II achieves an average historical lease rent of $2,295 per month at $3.14 per square foot, trading below the broader micro-market comp average of $2,594 per month across nearby properties including Miracle at Yonge - I, Yonge Parc 2, Yonge Parc, and Era at Yonge. Immediate neighbor Miracle at Yonge - I (75 King William Cres) reports an average lease rent of $2,288 per month at $3.42 per square foot across an average of 669 square feet. Yonge Parc 2 (85 Oneida Cres) averages $2,654 per month at $3.50 per square foot across 767 square feet. Yonge Parc (75 Oneida Cres) reports an average lease rent of $2,700 per month at $3.51 per square foot across 775 square feet. Era at Yonge (95 Oneida Cres) commands the highest tier in the immediate cluster with an average lease rent of $2,733 per month at $3.71 per square foot across 744 square feet.

Does Miracle at Yonge - II offer a competitive price-per-square-foot ($/SF) against local comparables?

Miracle at Yonge - II establishes its value proposition by offering a more competitive rate of $3.14 per square foot across an average of 730 square feet, undercutting the micro-market benchmark of $3.54 per square foot. Renters trade off brand-new finishes and contemporary wellness infrastructure found in newer builds like the 2024-completed Era at Yonge ($3.71 per square foot across 744 square feet) and 2020-completed Yonge Parc ($3.51 per square foot across 775 square feet) in exchange for more accessible occupancy costs. Compared to its immediate twin, Miracle at Yonge - I ($3.42 per square foot across 669 square feet), the subject building delivers a more economical rate per square foot while supplying 61 more interior square feet on average.

How do building age, amenities, and developer reputation impact rent spreads?

Miracle at Yonge - II delivers a robust lifestyle program that rivals newer developments on Oneida Crescent, featuring a 24/7 concierge and security, a party and lounge room, a dining room and kitchen, a media and theatre room, and a sauna and steam room. When contrasted against nearby competitors, the subject building matches the core wellness offerings of Era at Yonge and Yonge Parc 2—both of which feature indoor pools, EV charging stations, and rooftop terraces—while maintaining dedicated recreational spaces like its games and billiards room and meeting rooms. This extensive amenity package serves value-conscious professionals and growing households seeking a complete lifestyle infrastructure without paying the premium lease rates demanded by newer 2022-2024 inventory.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Miracle at Yonge - II.

Building Amenities

  • Concierge & Security
  • Party & Lounge Room
  • Dining Room & Kitchen
  • Media & Theatre Room
  • Games & Billiards Room
  • Gym & Fitness Centre
  • Yoga Studio
  • Sauna & Steam Room
  • Meeting Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Miracle at Yonge - II.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.