The Diamond Condominiums — Rental Market Data

The Diamond Condominiums features 8 active listings as of August 31, 2026, with an asking price range spanning from $2,200 to $3,450 per month, an average rent of $2,794 per month, and a median rent of $2,875 per month. Active suites average 737 square feet at an asking rate of $3.84 per square foot. Multi-bedroom configurations dominate the current inventory, with 2-bedroom layouts capturing 75 percent of active listings, pointing to an overall inventory skew toward larger executive layouts over compact entry-level options.

The 2-bedroom layout dominates active inventory at The Diamond Condominiums, accounting for 6 available listings and a 75 percent inventory share. These 2-bedroom suites command an average rent of $2,992 per month across an average size of 799 square feet, translating to an asking rate of $3.78 per square foot. Meanwhile, the remaining 25 percent of inventory consists of 2 active 1-bedroom units averaging $2,200 per month across 550 square feet at an asking rate of $4.00 per square foot.

The Diamond Condominiums exhibits an active pricing spread of $1,250 per month or 56.8 percent, stretching from a minimum entry rent of $2,200 to a peak asking rent of $3,450 per month. The median asking rent sits at $2,875 per month across all active listings. The entry-level option consists of a 1-bedroom suite spanning 550 square feet priced at $4.00 per square foot, while the peak listing comprises a 2-bedroom layout spanning 1,027 square feet priced at $3.36 per square foot.

Active den premiums at The Diamond Condominiums cannot be quantified from current data as active den premium metrics are null. Parking premium data for active listings is currently unreliable, as active parking status is marked as an insufficient sample, meaning parking fees cannot be reliably isolated.

The Diamond Condominiums asks an average of $2,794 per month at $3.84 per square foot, matching the North York City Centre submarket asking benchmark of $3.84 per square foot. While nominal asking rents align closely with the broader submarket average of $2,753 per month, the building's active asking rate per square foot achieves a parity percentage of 0 percent versus the submarket asking benchmark. This active inventory represents roughly 3.7 percent of the wider submarket active count of 216 listings.

The Diamond Condominiums achieves an average lease rent of $2,410 per month, trading below the overall competitive benchmark average of $2,504 per month across nearby key buildings including Dia Condominiums, Celsius, and Bravo Condominiums. Dia Condominiums (30 Canterbury Pl) registers an average lease rent of $2,590 per month at $4.35 per square foot across an average of 630 square feet. Celsius (68 Canterbury Pl) records an average lease rent of $2,300 per month at $3.96 per square foot across an average of 590 square feet. Bravo Condominiums (26 Norton Ave) reports an average lease rent of $2,622 per month at $3.60 per square foot across an average of 736 square feet, while Marquis at Northtown (8 McKee Ave) currently reports no active lease transactions in the 180-day window.

The Diamond Condominiums establishes its value proposition through a realized lease rate of $4.29 per square foot across an average suite size of 578 square feet, positioning itself competitively against the submarket benchmark of $3.75 per square foot. Renters evaluate trade-offs between modern layout efficiency, reduced utility burdens, and contemporary finishes at The Diamond Condominiums versus larger, older footprints found in nearby alternatives like Bravo Condominiums, which averages 736 square feet at $3.60 per square foot, or Dia Condominiums, which averages 630 square feet at $4.35 per square foot.

The Diamond Condominiums offers a comprehensive lifestyle and amenity profile that compares favorably against established neighborhood peers by pairing traditional fitness spaces with modern wellness and remote-work facilities. The property features a concierge and security service, a fully equipped gym and fitness centre, a dedicated yoga studio, a relaxing sauna and steam room, and an expansive rooftop terrace, standing alongside competitors like Dia Condominiums, which includes an indoor pool, hot tub, and meditation room, and Celsius, which provides a business centre and media room. This robust amenity package serves young professionals and modern urban renters seeking comprehensive building infrastructure.