Pinnacle at Empress Plaza — Rental Market Data

Pinnacle at Empress Plaza carries four active listings as of August 31, 2026, with asking rents ranging from $2,200 to $3,000 per month, an average of $2,488 and a median of $2,375. The average suite in current availability measures 619 square feet at an asking rate of $4.07 per square foot. One-bedroom units dominate the active inventory at 75 percent of listings, indicating the available stock leans toward compact entry-level suites rather than multi-bedroom executive layouts.

One-bedroom suites represent the dominant active layout at Pinnacle at Empress Plaza with three listings and a 75 percent inventory share, averaging $2,317 per month across 550 square feet at $4.21 per square foot. The single two-bedroom listing accounts for the remaining 25 percent, asking $3,000 per month for 825 square feet at $3.64 per square foot. Renters seeking a two-bedroom option face a single-unit constraint, while the one-bedroom tier offers a small but workable selection of three choices.

Pinnacle at Empress Plaza's active availability spans from a $2,200 entry point to a $3,000 peak, producing an $800 spread or 36.4 percent range. The median asking rent of $2,375 per month sits closer to the lower end of that band. The entry-level suite is a 550-square-foot one-bedroom at $4.00 per square foot, while the peak listing is an 825-square-foot two-bedroom priced at $3.64 per square foot, meaning the larger unit actually commands a lower per-square-foot rate despite the higher monthly outlay.

Pinnacle at Empress Plaza does not currently have quantified den premium data, so the marginal cost of extra den space cannot be isolated from active listings. Verified parking at the building is priced at $175 per month, a confirmed add-on for tenants requiring a stall. Historical lease data does not provide a reliable paired parking benchmark, so the $175 figure stands as the sole verified reference point.

Pinnacle at Empress Plaza asks an average of $2,488 per month and $4.07 per square foot, compared to the North York City Centre submarket asking benchmark of $2,753 per month and $3.84 per square foot. The building's nominal rent is $265 below the submarket average, but this gap is driven by more compact suite sizing rather than cheaper unit pricing, as the per-square-foot rate runs six percent above the submarket asking benchmark. Pinnacle at Empress Plaza accounts for four of the 216 active listings in the North York City Centre submarket, representing roughly 1.9 percent of total available inventory.

Pinnacle at Empress Plaza's average closed-lease rent of $2,649 per month sits $39 below the four-comp average of $2,688, placing it modestly under the micro-market midpoint. Empress Plaza II at 18 Hillcrest Ave leases at $2,659 per month ($3.06 per square foot on 882 sq ft), just $10 above the subject. Twenty One Hillcrest at 21 Hillcrest Ave commands $2,405 per month ($3.62 per square foot on 681 sq ft), a $244 discount to the subject. Empress Plaza I at 35 Empress Ave rents at $2,804 per month ($3.10 per square foot on 918 sq ft), $155 above the subject, and Royal Pinnacle at 33 Empress Ave leases at $2,882 per month ($3.36 per square foot on 881 sq ft), $233 higher. The subject's rent therefore falls between the two Hillcrest Avenue buildings and below both Empress Avenue competitors.

Pinnacle at Empress Plaza leases at $3.78 per square foot on an average 720-square-foot suite, a rate that exceeds every one of its four nearby comparables on a per-square-foot basis. Against Empress Plaza II (882 sq ft at $3.06/sf), the subject is 162 square feet smaller yet charges $0.72 more per square foot—a 23.5% premium. Versus Empress Plaza I (918 sq ft at $3.10/sf), the subject gives up 198 square feet while commanding a $0.68/sf (21.9%) premium. Royal Pinnacle (881 sq ft at $3.36/sf) is 161 square feet larger than the subject at a $0.42/sf (12.5%) lower rate. The one exception is Twenty One Hillcrest (681 sq ft at $3.62/sf), where the subject actually provides 39 more square feet while still trading at a $0.16/sf (4.4%) premium. Renters choosing the subject accept a tighter interior footprint in exchange for a central Hillcrest Avenue address and a racquet-sport-focused amenity mix, while those prioritizing raw square footage per dollar gravitate toward the larger Empress Avenue towers.

Pinnacle at Empress Plaza offers a seven-feature amenity suite anchored by a Squash & Racquetball Court, a Gym & Fitness Centre, a Sauna & Steam Room, a Party & Lounge Room, a Games & Billiards Room, and a Meeting Room—positioning it as the most sport-oriented building on Hillcrest Avenue. The Squash & Racquetball Court is absent at both Twenty One Hillcrest (which instead offers an Indoor Pool and BBQ Area) and Royal Pinnacle (which substitutes a Hot Tub & Jacuzzi and Yoga Studio). Where Empress Plaza I and Royal Pinnacle each include a dedicated Yoga Studio, the subject channels that wellness budget into racquet sports and a shared Games & Billiards Room. Empress Plaza II differentiates with a Garden & Courtyard and Library & Reading Room that the subject does not carry, while Twenty One Hillcrest adds a Media & Theatre Room and Car Wash Bay. The net effect is a lifestyle package tuned to active, time-constrained professionals in their late twenties to mid-thirties who prioritise on-site racquet play, quick-access fitness, and a compact urban address over resort-style pools, jacuzzis, or outdoor courtyards.