Adagio — Rental Market Data

Adagio at 771 Yonge Street holds two active listings as of August 31, 2026, with asking rents ranging from $3,800 to $4,800 per month, an average of $4,300 per month, and a median of $4,300 per month. The average suite size across active inventory is 900 square feet at an asking rate of $4.76 per square foot. Both available units are multi-bedroom executive layouts, with the 2-Bedroom + Den and 3-Bedroom+ tiers each accounting for 50 percent of active inventory, indicating the current availability skews toward larger, higher-priced suites rather than compact entry-level configurations.

The dominant active layout at Adagio is the 2-Bedroom + Den, with one unit representing 50 percent of current inventory at an average asking rent of $3,800 per month, 850 square feet, and $4.47 per square foot. The 3-Bedroom+ tier also holds one unit at 50 percent share, asking $4,800 per month across 950 square feet at $5.05 per square foot. Both tiers consist of single listings, so renters in either bedroom category face a one-unit-only choice with no comparable alternatives within the building.

Adagio's two active listings span a $1,000 spread, or 26.3 percent, from a minimum entry rent of $3,800 per month to a peak asking rent of $4,800 per month. The median asking rent sits at $4,300 per month. The entry-level suite is a 2-Bedroom + Den at 850 square feet priced at $4.47 per square foot, while the peak offering is a 3-Bedroom+ layout at 950 square feet asking $5.05 per square foot.

Adagio's active den premium cannot be reliably quantified from current listings, as the available sample does not provide a paired comparison between den and non-den suites at matching bedroom counts. Parking stall costs likewise cannot be isolated from the two active listings due to insufficient paired data, and no verified parking premium is available from historical lease records either. Renters should request individual parking quotes directly from the leasing office for either unit.

Adagio's active asking rent of $4,300 per month at $4.76 per square foot sits below the Bloor-Yorkville submarket asking benchmark of $4,743 per month and $5.83 per square foot, representing an 18.4 percent discount on a per-square-foot basis. The building's lower nominal rent compared to the submarket average is reinforced by its more competitive per-square-foot pricing rather than being offset by suite size differences. Adagio's two active listings constitute 2 percent of the submarket's 100 total active listings, placing the building at a small but visible share of Bloor-Yorkville availability.

Adagio's average closed-lease rent of $2,710 per month sits $602 below the four-comp average of $3,312, positioning it as the most affordable option in this immediate cluster. Eight Cumberland at 8 Cumberland Street (0.07 km) leases at $2,940 per month or $4.76 per square foot across 625 square feet; No. 1 Yorkville at 1 Yorkville Avenue (0.09 km) averages $3,109 per month at $5.15 per square foot over 613 square feet; 11 YV at 11 Yorkville Avenue (0.11 km) commands $3,409 per month at $5.37 per square foot across 638 square feet; and 18 Yorkville at 18 Yorkville Avenue (0.13 km) leases at $3,789 per month or $4.97 per square foot in 758-square-foot suites. Adagio's $2,710 average is therefore $230 to $1,079 below each individual competitor, with the widest gap against the 2006-built 18 Yorkville.

Adagio leases at $4.90 per square foot across an average 565-square-foot suite, offering a lower rate per square foot than No. 1 Yorkville ($5.15/SF), 11 YV ($5.37/SF), and 18 Yorkville ($4.97/SF) while trading at a slight $0.14-per-square-foot premium over Eight Cumberland ($4.76/SF). Because the subject's suites are smaller than every competitor—60 square feet less than Eight Cumberland, 48 less than No. 1 Yorkville, 73 less than 11 YV, and 193 less than 18 Yorkville—tenants gain a lower absolute monthly rent without paying a per-square-foot premium in three of the four comparisons. The practical trade-off is clear: a renter choosing Adagio over 11 YV, for example, saves roughly $699 per month and $0.47 per square foot but accepts 73 fewer interior square feet, making the building best suited to tenants who prioritise cash-flow savings and a modern 2025 build over maximum floor area.

Adagio's amenity package leans toward social outdoor living and practical daily services rather than the resort-style wellness suites found at several nearby competitors. The building's rooftop firepit is unique in this cluster—none of the four comparables offer a dedicated fire feature, giving Adagio residents an informal gathering space that Eight Cumberland, No. 1 Yorkville, 11 YV, and 18 Yorkville all lack. The in-building Dining Room & Kitchen is absent at both Eight Cumberland and No. 1 Yorkville, while the Pet Wash Station is missing from No. 1 Yorkville and 18 Yorkville. In exchange, Adagio does not include the indoor or outdoor pools, sauna and steam rooms, or dedicated yoga and spin studios that anchor the wellness offerings at No. 1 Yorkville, 11 YV, Eight Cumberland, and 18 Yorkville. This lifestyle profile best serves young professionals and pet-owning couples who value a social rooftop scene, convenient in-building dining, and hands-on pet care over a full spa-and-pool amenity stack.