M2M Condos — Rental Market Data

M2M Condos lists three available units as of August 31, 2026, with asking rents ranging from $1,600 to $2,850 per month, an average of $2,317 and a median of $2,500. The average active suite measures 766 square feet at an asking rate of $3.20 per square foot, and the three listings are evenly split across one-bedroom, one-bedroom-plus-den, and two-bedroom configurations at 33.3 percent each. With no tier holding more than a single unit, inventory is balanced rather than skewed toward compact entry-level suites or multi-bedroom executive layouts.

No single layout dominates M2M Condos' active inventory, as all three tiers—1-Bedroom, 1-Bedroom + Den, and 2-Bedroom—hold exactly one listing each at 33.3 percent share. The one-bedroom unit asks $1,600 per month for 850 square feet at $1.88 per square foot, the one-bedroom-plus-den suite lists at $2,500 for 550 square feet at $4.55 per square foot, and the two-bedroom unit is priced at $2,850 for 897 square feet at $3.18 per square foot. Each tier represents a single transaction, so renters should treat these as individual deals rather than a representative sample.

M2M Condos' three active listings span a $1,250 spread from a $1,600 entry point to a $2,850 peak, a 78.1 percent range with a median asking rent of $2,500 per month. The entry-level one-bedroom at 850 square feet carries the lowest rate in the building at $1.88 per square foot, while the peak two-bedroom at 897 square feet asks $3.18 per square foot for an additional 47 square feet of living space. The one-bedroom-plus-den suite in the middle of the spread commands $2,500 for a compact 550-square-foot footprint, reflecting a premium for the den configuration rather than raw square footage.

M2M Condos carries a $900-per-month den premium on its active one-bedroom-plus-den listing, which is 300 square feet smaller than the standard one-bedroom unit, though the marginal cost per square foot for the den space cannot be reliably calculated from this single paired comparison. Active parking premiums cannot be reliably isolated due to an insufficient paired sample or anomalous outlier in the current listing data, so renters should not assume a specific parking add-on cost. Historical lease data does confirm a verified average parking premium of $201 per month across closed transactions, which serves as a reasonable planning figure.

M2M Condos asks an average of $2,317 per month at $3.20 per square foot, which is 16.7 percent below the North York City Centre submarket asking benchmark of $3.84 per square foot and $436 below the submarket average asking rent of $2,753. The lower nominal monthly rent is partly explained by the building's active listings averaging 766 square feet versus a submarket norm that supports higher per-unit pricing, but the per-square-foot advantage confirms a genuinely more competitive rate structure. M2M Condos represents three out of 216 available listings in the submarket, or roughly 1.4 percent of total active inventory, making it a small but price-competitive option for renters scanning the broader North York City Centre market.

M2M Condos realizes an average lease rent of $2,603 per month over the trailing 12 months, sitting $24 above the four-comp benchmark of $2,579 and ahead of three of four nearby competitors. Luxe Condominiums - I at 5791 Yonge St (0.04 km, 12 closed leases) averaged $2,500 per month at $3.50 per square foot across 724 square feet; Luxe Condominiums II at 5793 Yonge St (0.06 km, 8 closed leases) averaged $2,519 per month at $3.40 per square foot across 750 square feet; and Turnberry Court at 5795 Yonge St (0.11 km, 3 closed leases) averaged $2,433 per month at $2.64 per square foot across 923 square feet. Place Nouveau I at 5785 Yonge St (0.15 km, 4 closed leases) is the sole competitor above the subject, averaging $2,863 per month at $4.22 per square foot across 875 square feet.

M2M Condos leases at $3.82 per square foot for an average 694-square-foot suite, a rate that sits above the comp cluster average of $3.44 per square foot but below Place Nouveau I's $4.22 per square foot. Against Luxe Condominiums - I, the subject trades at a $0.32 per square foot (9.1%) premium while providing 30 fewer interior square feet, meaning the $103 higher monthly rent is driven by the per-square-foot rate differential rather than additional space. Luxe Condominiums II presents a similar dynamic: the subject commands a $0.42 per square foot (12.4%) premium over 56 fewer square feet, yielding an $84 monthly rent advantage. Turnberry Court shows the widest spread—the subject trades at a $1.18 per square foot (44.7%) premium while delivering 229 fewer square feet, so the $170 higher monthly rent reflects both a significantly higher rate and a compact footprint. Place Nouveau I is the exception: the subject trades at a $0.40 per square foot (9.5%) discount below this competitor while providing 181 fewer square feet, and the $260 lower monthly rent is attributable to both the smaller interior footprint and the more competitive per-square-foot rate.

M2M Condos offers a 19-feature amenity suite that materially exceeds every nearby competitor, including an outdoor pool, EV charging station, daycare, pet wash station, indoor kids' play room, business centre, dining room and kitchen, garden and courtyard, and rooftop terrace. The two Luxe towers (completed 2010) provide indoor pools, gyms, saunas, and media rooms but lack EV charging, daycare, a pet wash station, a dedicated business centre, a dining room, or a garden courtyard—features that position M2M Condos as a family- and remote-work-friendly product. Turnberry Court (completed 1989) and Place Nouveau I (completed 1988) offer squash courts and hot tubs absent from the subject, but neither provides daycare, EV infrastructure, a pet wash station, or a dedicated kids' play area. The building's lifestyle package—combining aquatic recreation, wellness studios, pet services, childcare, and remote-work facilities—targets young professional families and dual-income households who prioritize convenience, pet ownership, and on-site childcare within a modern North York City Centre address.