Milan Condominiums — Rental Market Data

Milan Condominiums carries four active listings as of August 31, 2026, with rents ranging from $3,750 to $3,850 per month, an average of $3,800, and a median of $3,800. Average suite size is 853 square feet at an asking rate of $4.46 per square foot. The entire active inventory consists of two-bedroom-plus-den layouts, placing 100 percent of available units in the executive multi-bedroom category rather than compact entry-level suites.

The dominant and sole active layout at Milan Condominiums is the two-bedroom-plus-den, accounting for all four listings and 100 percent of current inventory. Each unit averages $3,800 per month across 853 square feet, translating to $4.46 per square foot. No one-bedroom, studio, or three-bedroom units are currently available for rent.

Milan Condominiums offers active rents from a minimum of $3,750 per month to a peak of $3,850 per month, a dollar spread of $100 and a percentage spread of 2.7 percent. The median asking rent sits at $3,800 per month. The entry-level suite is a two-bedroom-plus-den at 850 square feet and $4.41 per square foot, while the peak suite is also a two-bedroom-plus-den at 850 square feet and $4.53 per square foot, confirming that the narrow spread reflects minor unit-to-unit variation rather than layout differentiation.

Milan Condominiums does not provide a quantified den premium or square footage delta between den-equipped and non-den units in its current active listings, as all four available suites include a den by default. Marginal cost per square foot for additional den space therefore cannot be isolated from the available data. Active parking premiums cannot be reliably determined from current listings due to insufficient paired samples, though historical leases at the building established a verified parking stall benchmark of $230 per month.

Milan Condominiums asks an average of $3,800 per month at $4.46 per square foot, compared to the Bloor-Yorkville submarket asking benchmark of $4,743 per month at $5.83 per square foot. The building's 23.5 percent lower rate per square foot indicates a more competitive unit pricing structure relative to neighborhood peers, even though the nominal monthly rent is also below the submarket average. Milan's four active listings represent 4 percent of the 100 total active listings across the Bloor-Yorkville submarket.

Milan Condominiums' average closed lease rent of $3,394 per month undercuts the four-comparable average of $4,795 by roughly 29%, making it the most competitively priced option in this immediate cluster. Twenty Collier at 20 Collier Street (0.07 km) closed leases averaging $5,800 per month at $4.43 per square foot across 1,325 square feet, a premium of $2,406 over Milan's realized rate. 18 Yorkville on Yorkville Avenue (0.12 km) recorded an average closed lease of $3,789 per month at $4.97 per square foot over 758 square feet, placing it $395 above Milan. The remaining two comparables—66 Collier (0.11 km) and 900 Yonge (0.13 km)—had no closed lease transactions in the trailing 180 days, so no direct rent benchmark exists for those properties.

Milan Condominiums delivers a leased rate of $4.22 per square foot across an average 807-square-foot suite, which is $0.48 per square foot below the submarket leased benchmark of $4.92 and well under the $5.83 per square foot asking average. Against Twenty Collier's $4.43 per square foot, Milan trades at a $0.21-per-square-foot discount while providing 518 fewer interior square feet, meaning renters gain rate efficiency but accept a noticeably more compact footprint. Compared with 18 Yorkville at $4.97 per square foot, Milan offers a $0.75-per-square-foot savings and 49 additional square feet of living area, giving tenants both a lower rate and slightly more space. The trade-off is clear: Milan's smaller average suite size relative to Twenty Collier suits renters prioritizing cost-per-foot and building modernity over maximum interior volume, while its edge over 18 Yorkville in both size and rate makes it the stronger value play among the two active-transaction comparables.

Milan Condominiums fields a 14-feature amenity suite that outperforms every nearby competitor on wellness, social dining, and dedicated recreation. Where 66 Collier offers only an outdoor pool, Milan provides a year-round indoor pool paired with a hot tub and jacuzzi—amenities absent from Twenty Collier, 18 Yorkville, and 900 Yonge entirely. Milan's dedicated massage therapy room exceeds 18 Yorkville's more generic treatment room in specificity and service depth. The building's dining room and kitchen facility is missing from Twenty Collier, 66 Collier, and 900 Yonge, giving Milan a clear social-entertaining advantage. A library and reading room at Milan is not replicated at 18 Yorkville or 900 Yonge, and the media and theatre room combined with a games and billiards room creates a multi-purpose recreation stack that no single competitor matches in breadth. This lifestyle package—indoor aquatic facilities, on-site massage, full-service dining, and dedicated quiet study space—best serves young professionals and small households in their late twenties to mid-thirties who want resort-style amenities without the premium per-square-foot cost of a larger-suite building.