Era at Yonge — Rental Market Data

Era at Yonge carries five active listings as of August 31, 2026, with asking rents ranging from $2,550 to $3,300 per month, an average of $3,010 and a median of $3,000. The average suite measures 829 square feet at an asking rate of $3.66 per square foot. Inventory is split evenly between two-bedroom configurations—two standard 2-Bedrooms and two 2-Bedroom + Den units—accounting for 80 percent of available stock, while the remaining 20 percent is a single 1-Bedroom + Den, meaning current availability leans toward multi-bedroom executive layouts rather than compact entry-level suites.

The dominant active layout at Era at Yonge is the 2-Bedroom, with two units representing 40 percent of available inventory at an average asking rent of $2,950 per month across 800 square feet and $3.71 per square foot. The 2-Bedroom + Den tier also holds two units (40 percent) averaging $3,300 per month over 948 square feet at $3.48 per square foot, while the 1-Bedroom + Den offers a single listing at $2,550 per month for 650 square feet at $3.92 per square foot.

Era at Yonge's active asking rents span from $2,550 to $3,300 per month, a dollar spread of $750 and a percentage spread of 29.4 percent. The median asking rent sits at $3,000 per month. The entry-level suite is a 1-Bedroom + Den measuring 650 square feet at $3.92 per square foot, while the peak listing is a 2-Bedroom + Den of 950 square feet priced at $3.47 per square foot, illustrating that the highest rent corresponds to the largest footprint rather than a premium per unit of space.

Era at Yonge does not currently have a quantified den premium or square-footage delta isolable from active listings, as the sample of paired den versus non-den units is insufficient to calculate a reliable marginal cost per square foot. Parking stall premiums likewise cannot be reliably isolated from current listings due to an unreliable outlier or insufficient paired sample, and no verified historical parking benchmark exists in the lease data to anchor a dollar figure.

Era at Yonge's active asking rent of $3,010 per month exceeds the Richmond Hill submarket average asking rent of $2,800, yet its rate of $3.66 per square foot sits 4.2 percent below the submarket asking benchmark of $3.82 per square foot. The higher nominal outlay is driven by larger average suite sizing—829 square feet versus the submarket norm—rather than a premium per unit of space. Era at Yonge accounts for five of the 94 active listings in the Richmond Hill submarket, representing approximately 5.3 percent of total available inventory.

Era at Yonge's all-time average closed-lease rent of $2,755 per month runs $53 above the four-comp average of $2,702, positioning it at the upper end of the Oneida Crescent corridor. Yonge Parc 2 at 85 Oneida Cres closed leases averaging $2,654 per month at $3.50 per square foot across 767-square-foot suites, while Era at Yonge 2 at 105 Oneida Cres posted the highest comp rent at $2,828 per month, $3.69 per square foot, and 771 square feet. Yonge Parc at 75 Oneida Cres recorded $2,700 per month at $3.51 per square foot over 775 square feet, and The Royal at Bayview Glen at 185 Oneida Cres closed at $2,625 per month, $3.19 per square foot, across the largest suites in the set at 850 square feet.

Era at Yonge leases at an average of $3.70 per square foot on 752-square-foot suites, commanding a premium over every nearby competitor while offering the smallest average footprint in the Oneida Crescent cluster. Against Yonge Parc 2, the subject trades at a $0.20 per square foot (5.7%) premium yet provides 15 fewer interior square feet; versus Era at Yonge 2, the gap narrows to just $0.01 per square foot (0.3%) with 19 fewer square feet. The steepest contrast appears against The Royal at Bayview Glen, where Era at Yonge charges $0.51 per square foot (16.0%) more while delivering 98 fewer square feet, reflecting the 2024 build's newer finishes and expanded wellness amenities versus the 2008 property's larger but older layout. Renters choosing Era at Yonge accept a tighter suite in exchange for a premium per-square-foot rate that buys a contemporary indoor pool, sauna, and dining kitchen not found at the Royal or Yonge Parc.

Era at Yonge's amenity profile distinguishes itself in the Oneida Crescent set through a dedicated Dining Room & Kitchen, an Indoor Pool, a Sauna & Steam Room, EV Charging Stations, and a Yoga Studio—features that collectively outpace at least two of the four nearby competitors. The Dining Room & Kitchen is absent from all four comparables, giving Era at Yonge a unique communal dining space. The Indoor Pool is missing from both Yonge Parc and The Royal at Bayview Glen, while the Sauna & Steam Room does not appear at Era at Yonge 2 or the Royal. EV Charging Stations are unavailable at Yonge Parc and the Royal, and the Yoga Studio is absent from Yonge Parc 2 and the Royal. Together, this wellness-and-convenience package best serves young professionals and small families in Richmond Hill who prioritize a full-service, resort-style lifestyle—pool, sauna, yoga, and on-site dining—within a 2024-built building rather than the larger but older suites at the 2008-era Royal or the meeting-room-focused offerings at Era at Yonge 2.