Express Condos — Rental Market Data

Express Condos currently has seven active rental listings as of August 31, 2026, with asking rents ranging from $1,850 to $2,800 per month, an average of $2,421 per month, and a median of $2,450 per month. The average suite size across active listings is 635 square feet at an asking rate of $3.87 per square foot. Two-bedroom layouts dominate the active inventory at 42.9 percent share, indicating that current availability leans toward multi-bedroom executive suites rather than compact entry-level one-bedrooms.

The dominant active layout at Express Condos is the two-bedroom suite, with three listings representing 42.9 percent of available inventory at an average asking rent of $2,550 per month across 697 square feet and $3.64 per square foot. One-bedroom plus den suites follow with two listings at 28.6 percent share, averaging $2,325 per month over 600 square feet at $3.88 per square foot. The remaining inventory splits evenly between a single one-bedroom at 400 square feet for $1,850 per month ($4.63 per square foot) and a single two-bedroom plus den at 750 square feet for $2,800 per month ($3.73 per square foot).

Express Condos offers an active asking rent range from $1,850 to $2,800 per month, a dollar spread of $950 and a percentage spread of 51.4 percent. The median asking rent sits at $2,450 per month. The entry-level suite is a one-bedroom at 400 square feet priced at $4.63 per square foot, while the peak listing is a two-bedroom plus den at 750 square feet priced at $3.73 per square foot, reflecting a clear inverse relationship between suite size and rate per square foot across the active inventory.

Express Condos carries an active den premium of $475 per month for an additional 200 square feet of space, equating to a marginal cost of $2.38 per square foot for the extra den area. Active parking premiums cannot be reliably isolated from current listings due to insufficient paired sample data. However, verified historical leases at this building established a parking stall benchmark of $265 per month.

Express Condos asks an average of $2,421 per month at $3.87 per square foot, compared to the Downsview submarket asking benchmark of $2,472 per month at $3.87 per square foot. The building's nominal asking rent is $51 per month below the submarket average, a gap driven entirely by suite size differences rather than a cheaper per-square-foot rate, as the rate per square foot matches the submarket exactly at zero percent variance. Express Condos holds seven of the 97 active listings in the Downsview submarket, representing approximately 7.2 percent of total available inventory.

Express Condos at 8 Tippett Rd leases at an average of $2,293 per month, sitting $14 above the four-comp average of $2,279 and $90 below the Downsview submarket lease benchmark of $2,383. Tretti at 30 Tretti Way (0.13 km) closed leases averaging $2,347 per month at $4.30 per square foot for 547-square-foot suites; Southside Residences at Gramercy Park on 31 Tippett Rd (0.14 km) recorded $2,305 per month at $3.66 per square foot across 646-square-foot units; Gramercy Park at 525 Wilson Ave (0.17 km) leased at $2,389 per month, $3.79 per square foot, and 669 square feet; and Rocket at Subway on 38 Monte Kwinter Crt (0.20 km) closed at $2,073 per month, $4.45 per square foot, for 475-square-foot suites. Express Condos' $2,293 average places it between Rocket at Subway and the remaining three competitors, reflecting a mid-range pricing position within this immediate cluster.

Express Condos at 8 Tippett Rd leases at $3.81 per square foot for an average 630-square-foot suite, trading at a $0.49 per square foot (11.4%) discount below Tretti's $4.30 rate and a $0.64 per square foot (14.4%) discount below Rocket at Subway's $4.45, while commanding a modest $0.15 per square foot premium over Southside Residences at Gramercy Park ($3.66) and a near-identical $0.02 premium over Gramercy Park ($3.79). Against Tretti, renters gain 83 additional square feet of interior space at a lower per-square-foot cost; against Rocket at Subway, they receive 155 more square feet for a meaningfully lower rate per foot. Conversely, Southside Residences offers 16 more square feet and Gramercy Park provides 39 more square feet, both at slightly lower per-square-foot pricing, so tenants choosing Express Condos trade a small amount of footprint for a newer building and a streamlined amenity profile rather than a full resort deck.

Express Condos at 8 Tippett Rd offers a focused five-amenity package—concierge and security, gym and fitness centre, party and lounge room, rooftop terrace, and garden and courtyard—that prioritizes outdoor living and social space over the high-density resort decks found at nearby competitors. Where Tretti at 30 Tretti Way provides an EV charging station, a dedicated business centre, a pet wash station, and both indoor and outdoor children's play areas, Express Condos instead gives residents a landscaped garden and courtyard for informal outdoor use. Southside Residences at Gramercy Park on 31 Tippett Rd features an outdoor pool, sauna and steam room, yoga studio, library, and dining room; Gramercy Park at 525 Wilson Ave adds an indoor pool, hot tub, media and theatre room, and games room; and Rocket at Subway includes a daycare centre, dining room, and billiards lounge. Express Condos' rooftop terrace and garden courtyard deliver open-air social space that Tretti and Rocket at Subway lack entirely, while the building's leaner amenity footprint keeps operating costs—and therefore rents—competitive for young professionals and small households who value a quiet, low-maintenance urban lifestyle with direct access to green space over a full-service resort experience.