8188 Yonge Condos — Rental Market Data

8188 Yonge Condos has three active rental listings as of August 31, 2026, with asking rents ranging from $2,600 to $3,300 per month, an average of $2,883, and a median of $2,750. The average suite size across these listings is 706 square feet at an asking rate of $4.11 per square foot. Two of the three units are one-bedroom-plus-den layouts (66.7 percent of active inventory), while the remaining listing is a two-bedroom (33.3 percent), placing the current mix squarely in the compact entry-level and small multi-bedroom tier rather than executive multi-bedroom configurations.

The dominant active layout at 8188 Yonge Condos is the one-bedroom-plus-den, with two listings representing 66.7 percent of available inventory at an average asking rent of $2,675 per month across 634 square feet and a rate of $4.22 per square foot. The single two-bedroom listing accounts for the remaining 33.3 percent, asking $3,300 per month for 850 square feet at $3.88 per square foot. No studio, three-bedroom, or larger configurations are currently listed.

At 8188 Yonge Condos, the active asking rent spread runs from a $2,600 entry point to a $3,300 peak, a $700 gap representing a 26.9 percent range, with the median asking rent at $2,750 per month. The entry-level suite is a one-bedroom-plus-den at 650 square feet and $4.00 per square foot, while the peak listing is a two-bedroom at 850 square feet and $3.88 per square foot. The wider footprint of the top-tier unit keeps its per-square-foot rate slightly below the entry-level density-adjusted price despite the higher nominal rent.

Den premiums at 8188 Yonge Condos cannot be reliably quantified from the current active sample, as no paired den-versus-non-den comparison yields a defensible dollar delta or marginal cost per square foot. Parking stall costs likewise cannot be isolated from the available data; the tracking system flags the parking premium as an unreliable outlier or insufficient paired sample, so no specific monthly figure should be quoted to prospective renters.

8188 Yonge Condos asks an average of $2,883 per month at $4.11 per square foot, compared to the Thornhill submarket asking benchmark of $2,726 per month and $3.66 per square foot, placing the building at a 12.3 percent rate premium. The nominal rent difference of $157 is partially offset by the building's 706-square-foot average suite being 39 square feet smaller than the submarket implied average of 745 square feet, meaning the per-square-foot gap is the more accurate measure of relative pricing. The building's three active listings represent 3 out of 63 available units in the Thornhill submarket, or roughly 4.8 percent of total active inventory.

8188 Yonge Condos realizes an average lease rent of $2,690 per month, which is $240 above the $2,450 overall comp benchmark and $96 above the Thornhill submarket average of $2,594. WaterGarden at 7608 Yonge Street (1.63 km, three closed leases) averages $2,050 per month at $3.51 per square foot across 583 square feet, meaning the subject commands a $640-per-month higher rent. Central Park on Yonge II at 7398 Yonge Street (1.94 km, one closed lease) averages $2,400 per month at $3.20 per square foot across 750 square feet, placing the subject $290 above that benchmark. Central Park on Yonge I at 7378 Yonge Street (2.1 km, one closed lease) averages $2,900 per month at $3.41 per square foot across 850 square feet, where the subject trades at a $210-per-month lower rent. Skyrise on Yonge II at 1 Clark Avenue West (2.29 km) recorded zero closed leases over the trailing 180 days and therefore offers no realized rent benchmark for direct comparison.

8188 Yonge Condos leases at $3.87 per square foot across a 708-square-foot average suite, a rate that sits above every active nearby competitor and $0.29 per square foot above the Thornhill submarket benchmark of $3.58. Against WaterGarden (1.63 km), the subject trades at a $0.36-per-square-foot premium (10.3%) while providing 125 more interior square feet, so the higher nominal rent of $640 per month is amplified by a genuinely larger footprint rather than a pure rate markup. Versus Central Park on Yonge II (1.94 km), the subject commands a $0.67-per-square-foot premium (20.9%) yet provides 42 fewer interior square feet, meaning the $290-per-month rent advantage is driven entirely by the per-square-foot rate differential on a slightly smaller unit. Against Central Park on Yonge I (2.1 km), the subject carries a $0.46-per-square-foot premium (13.5%) while offering 142 fewer interior square feet; the nominal rent is actually $210 lower despite the higher rate, a trade-off where the compact footprint more than offsets the per-square-foot premium. Skyrise on Yonge II (2.29 km) recorded zero lease transactions in the past 180 days, so no square-footage or rate benchmark exists for that building.

8188 Yonge Condos offers a 16-feature lifestyle package—including an outdoor pool, yoga studio, sauna and steam room, dog run, pet wash station, and indoor kids' play room—that materially exceeds the amenity depth of every active competitor within two kilometres. WaterGarden (7608 Yonge Street) provides EV charging, a meeting room, and a business centre that the subject lacks, but offers no aquatic facility, no dedicated fitness studio beyond a standard gym, and no pet-specific amenities. The two Central Park towers (7398 and 7378 Yonge Street) carry only four amenities each—concierge, BBQ area, rooftop terrace, and a playground or pet wash—leaving them without any gym, pool, sauna, or dedicated children's programming. Skyrise on Yonge II (1 Clark Avenue West), while zero-transaction, lists an indoor pool, tennis and pickleball courts, squash and racquetball courts, and a games room that the subject does not replicate; however, the subject's outdoor pool, yoga studio, and full pet suite (dog run plus wash station) are absent from that 1991-era tower. The lifestyle package at 8188 Yonge Condos is best suited to young professional families and pet-owning renters in their late twenties to mid-thirties who prioritize wellness programming, outdoor recreation, and on-site pet care over the sports-court and business-centre features of older Thornhill towers.