Emerald Park - East Tower — Rental Market Data

Emerald Park - East Tower features 6 active listings as of August 31, 2026, with asking rents ranging from $2,300 to $3,300 per month, averaging $2,708 per month and a median of $2,575 per month. Active suites average 700 square feet with an average asking rate of $3.93 per square foot. The inventory is evenly split across three layout tiers, leaning toward a balanced distribution of entry-level suites and multi-bedroom executive floor plans.

The dominant active layout at Emerald Park - East Tower is the 1-Bedroom, representing 2 active listings and a 33.3% share of total active inventory. The building's active inventory breaks down across three distinct layout tiers: 1-Bedroom units account for 33.3% of active listings with an average rent of $2,325 per month, an average size of 550 square feet, and an asking rate of $4.23 per square foot; 1-Bedroom + Den units comprise 33.3% of availability with an average rent of $2,575 per month, an average size of 650 square feet, and an asking rate of $3.96 per square foot; and 2-Bedroom + Den floor plans represent the final 33.3% of active listings with an average rent of $3,225 per month, an average size of 900 square feet, and an asking rate of $3.59 per square foot.

Emerald Park - East Tower presents a minimum entry rent of $2,300 per month and a peak asking rent of $3,300 per month, creating a dollar spread of $1,000 per month or a 43.5% pricing spread. The median asking rent across the building sits at $2,575 per month. The entry-level option consists of a 1-bedroom suite spanning 550 square feet at an asking rate of $4.18 per square foot, while the peak configuration features a 2-bedroom plus den layout spanning 950 square feet at an asking rate of $3.47 per square foot.

Emerald Park - East Tower commands an active den premium of $250 per month for layouts offering an extra 100 square feet of interior space. This marginal increase values the additional den space at $2.50 per square foot. Active parking stalls are available for a verified monthly fee of $50 per month.

Emerald Park - East Tower features an average asking rent of $2,708 per month at $3.93 per square foot, comparing to the North York City Centre submarket asking benchmark of $2,753 per month at $3.84 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot tracks 2.3% above the submarket asking benchmark while representing 2.8% of total submarket active inventory.

Emerald Park - East Tower averages $2,773 per month in lease rent, sitting slightly above the overall competitive average of $2,676 per month across the immediate benchmark set of buildings including Emerald Park - West Tower, Centre, Spring at Gardens, and Cosmo II. By individual property, Emerald Park - West Tower at 11 Bogert Ave leads with an average lease rent of $2,862 per month at $3.96 per square foot across 728 square feet. Centre at 2 Anndale Dr/5 Sheppard Ave E records an average lease rent of $2,789 per month at $3.88 per square foot across 729 square feet. Spring at Gardens at 23 Sheppard Ave E averages $2,542 per month at $3.99 per square foot across 648 square feet. Cosmo II at 31 Bales Ave records an average lease rent of $2,511 per month at $3.70 per square foot across 691 square feet.

Emerald Park - East Tower establishes its value proposition by offering an average lease rate of $3.88 per square foot across an average suite size of 724 square feet, aligning closely with the submarket average of $3.75 per square foot while delivering more interior square footage than older mid-2000s peers. Renters trade a per-square-foot rate of $3.88 against Cosmo II's lower $3.70 rate at 691 square feet by opting for larger, newer layouts with superior floor plan efficiency at the subject building. Conversely, renters evaluating Spring at Gardens pay a higher $3.99 rate per square foot for significantly smaller 648-square-foot footprints, making Emerald Park - East Tower the more spacious alternative for square-footage-conscious tenants.

Emerald Park - East Tower delivers an extensive, resort-style amenity package that rivals top-tier developments in the North York City Centre micro-market. Signature offerings at the subject building include an indoor pool, a hot tub and jacuzzi, a sauna and steam room, a dedicated yoga studio, and a rooftop terrace. When contrasted against nearby competitors, the subject building matches the comprehensive wellness and recreational profile found at Emerald Park - West Tower, while significantly outfitting older peers like Cosmo II—which lacks dedicated yoga and rooftop terrace spaces—and providing a more robust wellness offering than Spring at Gardens. This amenity lineup primarily serves urban professionals, medical personnel, and corporate tenants seeking comprehensive on-site fitness and relaxation facilities without leaving the property.