Market Data as of August 31, 2026
The Grand I — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
The Grand I at 9015 Leslie Street in Richmond Hill is a 233-suite residential tower completed in 2002 by Parkway Grand Developments, and the building is currently fully occupied with zero units listed for rent as of August 31, 2026. The availability rate sits at 0 percent, and leasing activity has been minimal, with a single closed lease recorded over the trailing year at an average of $2,300 per month and a 14-day time on market. No leases closed in the most recent 30-day or 90-day windows, and no units have been delisted, terminated, or expired during the tracking period.
With no active listings to benchmark, the building's only realized data point is that single historical lease at $3.54 per square foot across a 650-square-foot one-bedroom-plus-den suite. That realized rate runs 2.5 percent below the Richmond Hill submarket average lease rate of $3.63 per square foot and sits well under the submarket asking benchmark of $3.82 per square foot, suggesting The Grand I has historically priced at a modest discount to the broader market. Renter pricing intelligence for this building must therefore be anchored to that single lease and the wider Richmond Hill inventory rather than to any current asking spread.
Because The Grand I carries zero active listings, there is no marketing friction, no layout-tier depth, and no negotiation spread to evaluate at the building level. Renters seeking comparable one-bedroom-plus-den or multi-bedroom options in Richmond Hill should direct their search to the 94 active listings currently available across the submarket, where the average asking rent is $2,800 per month and the average asking rate is $3.82 per square foot.
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Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 1 | 2300 | 650 | 3.54 | 7 |
| 2026-04-28 | 1 | 2300 | 650 | 3.54 | 8 |
| 2026-04-29 | 1 | 2300 | 650 | 3.54 | 9 |
| 2026-04-30 | 1 | 2300 | 650 | 3.54 | 10 |
| 2026-05-01 | 1 | 2300 | 650 | 3.54 | 11 |
| 2026-05-02 | 1 | 2300 | 650 | 3.54 | 12 |
| 2026-05-03 | 1 | 2300 | 650 | 3.54 | 13 |
12-Month Market Dynamics & Trend Trajectory
The Grand I's realized rent of $2,300 per month and $3.54 per square foot positions the building 10% below the Richmond Hill submarket average lease rent of $2,557 and 2.5% below the submarket rate of $3.63 per square foot. This discount reflects the building's 650-square-foot suite footprint and its 2002 registration, placing it in a value-oriented tier relative to newer Richmond Hill inventory commanding higher per-square-foot rates. The single tracked transaction closed at exactly asking price with zero dollar variance, indicating a balanced negotiation posture with no measurable tenant discount or landlord premium. With only one lease in the dataset, this at-asking result cannot be extrapolated into a broader concession pattern or pricing discipline signal. The absence of volume prevents any meaningful assessment of whether landlords at The Grand I systematically concede or hold firm across multiple transactions.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 2300 | 650 | 3.54 | 14 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
The Grand I at 9015 Leslie St in Richmond Hill sits within a tight competitive cluster of four nearby buildings, all of which recorded active lease volume over the trailing 180 days. The closest peer is The Grand II at 9017 Leslie St, just 0.11 kilometres away and built in 2003, which closed 5 leases in the period. Four Seasons Garden – Building A at 75 Norman Bethune Ave, 0.49 kilometres to the south and completed in 2014, logged 4 closed leases. The two Valleymede Towers buildings at 398 Highway 7 E (Building B) and 396 Highway 7 E (Building A), both finished in 2020 and situated roughly 1.08 and 1.14 kilometres respectively, each recorded 9 closed leases, making them the highest-volume competitors in this immediate pocket. No competitor in this set is a zero-transaction reference building; all four generated realized lease data, though The Grand I itself closed only a single lease over the trailing year at $2,300 per month. Against the four-comp benchmark of $2,572 average rent, $3.63 per square foot, and 755 average square feet, The Grand I's realized lease of $2,300 per month at $3.54 per square foot across 650 square feet positions the building as a smaller-footprint, slightly below-benchmark rate offering. The 233-suite building, completed in 2002, is the oldest asset in this peer set by 11 to 18 years, and its value proposition rests on a compact suite format paired with a dual-pool and racquet-sport amenity package that no nearby competitor replicates in full. The submarket-wide average lease rent of $2,557 per month and $3.63 per square foot further confirm that The Grand I trades modestly below the broader Richmond Hill rental centre on both nominal and per-square-foot measures.
75 Norman Bethune Ave, Richmond Hill
Comparable Analysis & Questions
How do rental rates at The Grand I compare to neighbouring buildings within Richmond Hill?
The Grand I's realized lease rent of $2,300 per month sits $272 below the four-comp average of $2,572 per month, placing it at a clear discount to the immediate competitive set. The Grand II at 9017 Leslie St (0.11 km, 5 closed leases) averaged $2,810 per month at $3.04 per square foot across 980 square feet, meaning The Grand I trades at a $510-per-month lower rent. Four Seasons Garden – Building A at 75 Norman Bethune Ave (0.49 km, 4 closed leases) averaged $2,138 per month at $4.51 per square foot across 489 square feet, so The Grand I commands a $162-per-month higher rent despite the smaller per-square-foot rate. Valleymede Towers – Building B at 398 Highway 7 E (1.08 km, 9 closed leases) averaged $2,717 per month at $3.44 per square foot across 794 square feet, with The Grand I trading at a $417-per-month lower rent. Valleymede Towers – Building A at 396 Highway 7 E (1.14 km, 9 closed leases) averaged $2,622 per month at $3.52 per square foot across 758 square feet, with The Grand I again at a $322-per-month lower rent. All four competitors generated realized lease data; none is a zero-transaction reference.
Does The Grand I offer a competitive price-per-square-foot ($/SF) against local comparables?
The Grand I leases at $3.54 per square foot across 650 average square feet, a rate that undercuts the four-comp benchmark of $3.63 per square foot while delivering a notably smaller interior footprint than three of the four active competitors. Against The Grand II (980 sq ft), The Grand I provides 330 fewer interior square feet yet commands a $0.50 per square foot (16.4%) premium, meaning the lower nominal rent is entirely a function of the reduced suite size rather than a weaker per-square-foot valuation. Against Four Seasons Garden – Building A (489 sq ft), The Grand I provides 161 more interior square feet while trading at a $0.97 per square foot (21.5%) discount, so the higher monthly rent here is driven by the larger footprint, not a richer rate. Against Valleymede Towers – Building B (794 sq ft) and Building A (758 sq ft), The Grand I provides 144 and 108 fewer square feet respectively while commanding small premiums of $0.10 per square foot (2.9%) and $0.02 per square foot (0.6%), again confirming that the lower nominal rent reflects a compact suite format rather than a discounted asset value.
How do building age, amenities, and developer reputation impact rent spreads?
The Grand I offers a ten-point lifestyle package anchored by a dual indoor-and-outdoor pool, squash and racquetball court, and tennis and pickleball court—a sports-and-aquatics combination that no single competitor in this peer set matches. The Grand II shares the indoor and outdoor pools plus squash and tennis but adds a garden and courtyard that The Grand I lacks, while omitting the party lounge, meeting room, and games room found at 9015 Leslie St. Four Seasons Garden – Building A differentiates with an EV charging station, yoga studio, hot tub, and BBQ area, none of which appear at The Grand I, though it forgoes the outdoor pool and racquet courts entirely. Both Valleymede Towers buildings lean into a work-and-wellness mix with business centres, dining rooms, libraries, and yoga studios—amenities absent from The Grand I—while offering no pool, no racquet court, and no tennis or pickleball surface. The Grand I's aquatic and court-sport package is best suited to active, sport-oriented renters who prioritize on-site swimming, racquet play, and pickleball access over co-working or dining facilities, making it a natural fit for fitness-driven professionals and families in the Leslie Street corridor who want a full recreational suite without a second gym membership.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around The Grand I.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Outdoor Pool
- Sauna & Steam Room
- Squash & Racquetball Court
- Tennis & Pickleball Court
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
Residential Buildings in the Vicinity
- The Grand II110 m
- Four Seasons Garden - Building A490 m
- Saddlecreek at the Galleria803 m
- The Derby Tower853 m
- Edgewater at the Galleria937 m
- Victoria Tower1.0 km
- Valleymede Towers - Building B1.1 km
- The Tower II1.1 km
- Thornhill Tower I1.1 km
- Valleymede Towers - Building A1.1 km
- The Tower I1.2 km
- Thornhill Tower II1.2 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Grand I.
Snapshot Dates & Benchmark Cadence
- Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
- Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
- Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.
Public Data Aggregation & Thresholds
- Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
- Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.
Calculation Formulations
- Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
- Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
- Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
- Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.
Data Limitations & Scope
- Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
- Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.
Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.
