Shallmar Court — Rental Market Data

Shallmar Court lists five available units as of August 31, 2026, with asking rents ranging from $2,395 to $3,795 per month, an average of $2,975 and a median of $2,895. The average active suite measures 1,010 square feet at an asking rate of $2.97 per square foot. Two-bedroom layouts dominate the active inventory at 60 percent of available units, while the remaining 40 percent splits evenly between a single one-bedroom entry-level suite and a single three-bedroom-plus executive layout, giving renters a modest spread across bedroom tiers rather than a deep multi-bedroom selection.

The dominant active layout at Shallmar Court is the two-bedroom, with three units representing 60 percent of available inventory at an average asking rent of $2,895 per month, 1,000 square feet, and $2.91 per square foot. The one-bedroom tier carries a single listing at $2,395 per month on 750 square feet, pricing out to $3.19 per square foot, while the three-bedroom-plus tier also holds one unit at $3,795 per month across 1,300 square feet at $2.92 per square foot. Renter choice is therefore concentrated in the mid-tier two-bedroom segment, with entry-level and executive options each limited to a single available suite.

Shallmar Court's active asking rents span from a minimum of $2,395 per month to a peak of $3,795 per month, a dollar spread of $1,400 or 58.5 percent across the five available units. The median asking rent sits at $2,895 per month. The entry-level suite is a one-bedroom measuring 750 square feet at $3.19 per square foot, while the peak listing is a three-bedroom-plus unit spanning 1,300 square feet at $2.92 per square foot, meaning the top-tier layout actually commands a lower rate per square foot despite its higher absolute rent.

Active den premiums at Shallmar Court cannot be quantified from the current dataset, as no paired den-versus-no-den comparison is available in the active or leased samples. Parking stall costs likewise cannot be reliably isolated; the available data contains anomalous outliers or an insufficient paired sample to produce a defensible monthly figure, so renters should request a direct parking quote from the leasing office rather than rely on a platform-derived estimate.

Shallmar Court's average asking rent of $2,975 per month and $2.97 per square foot compare favourably against the South Midtown submarket benchmarks of $4,012 per month and $4.64 per square foot, placing the building 36 percent below the neighbourhood asking rate per square foot. The nominal rent gap of roughly $1,037 per month is largely explained by suite sizing: Shallmar Court's active average footprint of 1,010 square feet is modest relative to the larger units typically driving submarket averages, so the lower per-square-foot rate reflects both competitive pricing and a compact layout profile. The building represents five out of 52 available listings in the South Midtown submarket, or approximately 9.6 percent of current inventory.

Shallmar Court's average realized lease rent of $2,895 per month runs $328 above the overall comp benchmark of $2,567, with the primary active competitors being 22 Shallmar, Albany Court, and 2525 Bathurst. 22 Shallmar at 22 Shallmar Blvd (0.2 km, 3 closed leases) averaged $2,550 per month at $2.63 per square foot across 1,002 square feet. Albany Court at 740 Eglinton Ave W (0.27 km, 1 closed lease) averaged $2,500 per month at $3.33 per square foot across 750 square feet. 2525 Bathurst at 2525 Bathurst Street (0.3 km, 10 closed leases) averaged $2,652 per month at $4.27 per square foot across 635 square feet. 24 Shallmar Boulevard (0.27 km, estimated completion 2026) recorded zero closed leases over the trailing 180 days and therefore has no realized rent benchmark to compare against.

Shallmar Court leases at $3.05 per square foot across an average 950 square feet, positioning it below the overall comp average of $3.41 per square foot and well under the South Midtown submarket leased benchmark of $4.42 per square foot, while delivering more interior space than every active competitor. Against 22 Shallmar, the subject commands a $0.42 per square foot (16.0%) premium but provides 52 fewer interior square feet, meaning the $345-per-month rent premium over that comp is driven by a steeper per-square-foot rate rather than additional space. Against Albany Court, the subject trades at a $0.28 per square foot (8.4%) discount while providing 200 more interior square feet, so the $395-per-month rent premium over that comp is entirely a function of the larger footprint rather than a higher rate. Against 2525 Bathurst, the subject trades at a $1.22 per square foot (28.6%) discount while providing 315 more interior square feet, and the $243-per-month rent differential is likewise explained by the substantially larger suite size rather than asset valuation.

Shallmar Court offers a minimal two-item amenity package—Shared Laundry Room and Concierge & Security—placing it at the bare-bones end of its immediate peer set. Albany Court at 740 Eglinton Ave W matches that exact two-amenity profile, while 22 Shallmar layers on an Indoor Pool, Sauna & Steam Room, and Library & Reading Room, and 2525 Bathurst delivers a full lifestyle suite including a Gym & Fitness Centre, Rooftop Terrace, Meeting Room, and Dining Room & Kitchen. The subject provides no aquatic, wellness, remote-work, or social facilities, operating as a no-frills residential building that appeals to cost-conscious renters who prioritize interior square footage and a lower per-square-foot rate over amenity-rich lifestyle programming.