Grand Genesis - Building A — Rental Market Data

Grand Genesis – Building A has one active listing as of August 31, 2026, asking $2,499 per month with an average and median rent of $2,499. The suite spans 650 square feet at $3.84 per square foot, and the entire active inventory is a single one-bedroom plus den unit, representing 100 percent of available stock. With only one listing, the building's current availability skews toward a compact entry-level-plus layout rather than multi-bedroom executive configurations.

The sole active layout at Grand Genesis – Building A is a one-bedroom plus den, accounting for 100 percent of the building's available inventory. This single listing asks $2,499 per month for 650 square feet at $3.84 per square foot. No studio, two-bedroom, or three-bedroom units are currently on the market, making this a single-listing sample with no cross-tier comparison possible.

Grand Genesis – Building A's active pricing spread is $0, as the minimum and maximum asking rents are both $2,499 per month, yielding a 0 percent spread across the one available unit. The entry-level and peak suite are the same listing: a one-bedroom plus den at 650 square feet and $3.84 per square foot. With only one active listing, no internal price gradient exists to differentiate entry from premium tiers.

Grand Genesis – Building A's active den premium and associated square-footage delta cannot be quantified from the current single-listing sample, as no paired one-bedroom versus one-bedroom-plus-den comparison is available. Parking stall costs likewise cannot be reliably isolated; the tracking data flags the parking premium as an unreliable outlier or insufficient paired sample, so no specific monthly figure can be quoted for a parking spot at this building.

Grand Genesis – Building A's active asking rent of $2,499 per month and $3.84 per square foot compare to the Richmond Hill submarket averages of $2,800 per month and $3.82 per square foot. The building's nominal rent runs $301 below the submarket asking average, a gap explained by the active suite's 650-square-foot footprint being 83 square feet smaller than the submarket implied average of 733 square feet; on a per-square-foot basis, the building actually trades at a 0.5 percent premium over the submarket. Grand Genesis – Building A represents one out of 94 active listings in the Richmond Hill submarket.

Grand Genesis – Building A realized an average lease rent of $2,593 per month over the trailing year, which is $205 above the three-active-comp average of $2,388 per month and $136 above its closest sister tower. Grand Genesis – Building B at 9090 Yonge St (0.07 km, seven closed leases) averaged $2,457 per month at $4.15 per square foot across 621 square feet, meaning the subject commands a $136-per-month higher rent despite offering 115 more interior square feet. Place III at 9 Northern Heights Dr (0.16 km, four closed leases) averaged $2,620 per month at $3.45 per square foot over 763 square feet, placing the subject $27 per month below that benchmark. Gates of Bayview Glen I at 3 Ellesmere St (0.28 km, four closed leases) averaged $2,088 per month at $3.77 per square foot across 575 square feet, a $505-per-month gap in the subject's favour. Place II at 19 Northern Heights Dr (0.20 km) recorded zero closed leases in the past 180 days and therefore has no realized rent benchmark to cite.

Grand Genesis – Building A leases at $3.57 per square foot across an average 736-square-foot suite, a combination that undercuts the comp-set average of $3.79 per square foot while delivering 83 more square feet than the 653-square-foot comp mean. Against Grand Genesis – Building B, the subject trades at a $0.58-per-square-foot (14.0%) discount, yet provides 115 more interior square feet, so the lower per-square-foot rate is offset by a meaningfully larger footprint that keeps the total monthly rent $136 higher. Versus Place III, the subject commands a $0.12-per-square-foot (3.5%) premium while offering 27 fewer interior square feet, a trade-off where renters pay slightly more per unit of space for a newer building and a broader amenity suite. Compared with Gates of Bayview Glen I, the subject trades at a $0.20-per-square-foot (5.3%) discount but delivers 161 more interior square feet, making the $505-per-month rent gap a direct function of the 28% larger suite rather than an asset-valuation premium. In every active comparison, the nominal rent variance is driven primarily by interior footprint differences rather than a pure per-square-foot revaluation.

Grand Genesis – Building A fields a 15-item amenity programme that is the most comprehensive in its immediate peer set, spanning aquatic wellness, remote-work infrastructure, and social recreation. The subject's Hot Tub & Jacuzzi, Business Centre, Library & Reading Room, and Rooftop Terrace are all absent from Grand Genesis – Building B, its closest sister tower, which otherwise mirrors the subject's pool, sauna, gym, and party-room lineup. Place III differentiates with a Tennis & Pickleball Court, an outdoor Children's Playground, and a Pet Wash Station—three lifestyle features the subject does not offer—while Gates of Bayview Glen I provides only a basic concierge, gym, party room, meeting room, and games room with no aquatic or wellness facilities at all. The subject's combination of an indoor pool, hot tub, sauna and steam room, dedicated business centre and meeting room, media and theatre room, library, dining kitchen, rooftop terrace, and garden courtyard targets the professional renter who values a full-service, work-from-home-ready lifestyle package and is willing to trade a modest per-square-foot premium for space and amenity depth over the leaner offerings of the 2000–2003-era towers nearby.