8888 Yonge — Rental Market Data

8888 Yonge lists six active units as of August 31, 2026, with asking rents ranging from $2,500 to $5,500 per month, an average of $3,550 and a median of $2,775. The average suite measures 694 square feet at a blended asking rate of $5.11 per square foot, and the two-bedroom tier accounts for 50 percent of available inventory. Current availability skews toward compact entry-level two-bedroom suites rather than multi-bedroom executive layouts, with the three-bedroom-plus tier representing one-third of listings at a substantially higher price point.

The two-bedroom layout dominates active inventory at 8888 Yonge with three listings and a 50 percent share, averaging $2,583 per month across 700 square feet at $3.69 per square foot. The three-bedroom-plus tier holds two units at 33.3 percent share, averaging $5,375 per month over 707 square feet at $7.62 per square foot, while the two-bedroom-plus-den configuration offers a single listing at 16.7 percent share, priced at $2,800 per month for 650 square feet at $4.31 per square foot.

8888 Yonge spans a $3,000 asking rent spread from a $2,500 entry point to a $5,500 peak, representing a 120 percent range across its six active listings. The median asking rent of $2,775 per month sits closer to the lower end of the spectrum. The entry-level two-bedroom suite measures 650 square feet at $3.85 per square foot, while the peak three-bedroom-plus listing covers 682 square feet at $8.06 per square foot, reflecting a premium configuration with significantly higher per-square-foot pricing.

8888 Yonge does not have a quantified den premium or square-footage delta isolable from current active listings, as the single two-bedroom-plus-den unit cannot support a reliable marginal-cost calculation. Parking stall premiums likewise cannot be reliably isolated from the current listing sample, and no verified historical parking benchmark exists in the lease data to anchor a reference figure. Renter inquiries on both den and parking add-on costs should be directed to the leasing office for unit-specific quotes.

8888 Yonge's active asking rent of $3,550 per month and $5.11 per square foot both exceed the Richmond Hill submarket benchmarks of $2,800 per month and $3.82 per square foot, with the building's blended rate per square foot running 33.8 percent above the submarket asking level. The nominal rent gap is amplified by the two three-bedroom-plus listings at $7.62 per square foot, whereas the two-bedroom tier at $3.69 per square foot actually undercuts the submarket PSF benchmark, indicating that suite-mix composition rather than uniform overpricing drives the blended premium. 8888 Yonge accounts for six of the 94 active listings in the Richmond Hill submarket, representing approximately 6.4 percent of total available inventory.

8888 Yonge St's all-time average closed-lease rent of $2,702 per month sits $226 above the four-comp average of $2,476, positioning it at the upper end of the immediate micro-market. Westwood Gardens – East Tower at 8868 Yonge St (0.02 km) closed leases averaging $2,720 per month at $3.84 per square foot across 726-square-foot suites, a near-identical rent to the subject. Westwood Gardens – West Tower at 3 Rosewater St (0.05 km) averaged $2,325 per month at $3.85 per square foot in 606-square-foot units, the lowest rent in the set. Gates of Bayview Glen II at 51 Baffin Crt (0.29 km) recorded $2,125 per month at $3.39 per square foot in 638-square-foot suites, reflecting its 2002 build date. Era at Yonge at 95 Oneida Cres (0.35 km) closed at $2,733 per month, $3.71 per square foot, and 744 square feet on average, the largest suites in the group.

8888 Yonge St leases at $3.58 per square foot across an average 786-square-foot suite, delivering more interior space than every nearby competitor while pricing below three of the four on a per-square-foot basis. Against Westwood Gardens – East Tower (726 sq ft at $3.84/sq ft), the subject offers 60 additional square feet at a $0.26 per square foot discount. Versus Westwood Gardens – West Tower (606 sq ft at $3.85/sq ft), tenants gain 180 extra square feet while paying $0.27 less per square foot. Compared with Era at Yonge (744 sq ft at $3.71/sq ft), the subject provides 42 more square feet at a $0.13 per square foot saving. The one exception is Gates of Bayview Glen II (638 sq ft at $3.39/sq ft), where the subject trades at a $0.19 per square foot premium, though it still delivers 148 additional square feet and a 2025 build versus the 2002 original. Renters choosing 8888 Yonge are trading a slightly higher absolute rent for materially more living area and a newer building at a competitive per-square-foot rate.

8888 Yonge St's amenity package leans toward family-oriented, wellness-focused, and remote-work lifestyle features that distinguish it from the four nearby competitors. Where Era at Yonge offers an indoor pool, the subject provides an outdoor pool, giving residents seasonal open-air swimming. Its dedicated Business Centre goes beyond the basic Meeting Room found at Westwood Gardens – East Tower and Gates of Bayview Glen II, offering a full-service workspace for remote professionals. The Indoor Kids' Play Room is absent from all four comparables, making it the only building in the cluster with a purpose-built children's space. In place of Westwood Gardens – East Tower's Sports Court, 8888 Yonge features a Games & Billiards Room for casual indoor recreation. Finally, the Pet Wash Station is missing from both Era at Yonge and Gates of Bayview Glen II, adding a convenience for pet-owning households. Together, this lifestyle package best serves young families with small children and remote-working professionals who value dedicated workspace, child-friendly amenities, and outdoor leisure in a single building.