101 Erskine — Rental Market Data

101 Erskine holds five active rental listings as of August 31, 2026, spanning a price range from $2,000 to $3,350 per month with an average asking rent of $2,350 and a median of $2,100. The average suite measures 526 square feet at an asking rate of 4.55 dollars per square foot. One-bedroom units account for 60 percent of current availability, indicating that inventory leans toward compact entry-level suites rather than multi-bedroom executive layouts.

The dominant active layout at 101 Erskine is the one-bedroom, with three listings representing 60 percent of available inventory. One-bedroom suites average $2,033 per month across 428 square feet at 4.79 dollars per square foot, while the single one-bedroom-plus-den listing asks $2,300 for 550 square feet at 4.18 dollars per square foot. The lone two-bedroom suite is listed at $3,350 per month for 795 square feet, pricing out at 4.21 dollars per square foot.

101 Erskine's active asking rents range from a minimum of $2,000 to a peak of $3,350 per month, producing a dollar spread of $1,350 and a percentage spread of 67.5 percent. The median asking rent sits at $2,100 per month. The entry-level suite is a 400-square-foot one-bedroom at 5.00 dollars per square foot, while the peak offering is a 795-square-foot two-bedroom at 4.21 dollars per square foot.

At 101 Erskine, the active den premium is $267 per month for an additional 122 square feet of space, translating to a marginal cost of 2.19 dollars per square foot for the extra den area. Active parking premiums cannot be reliably isolated from current listings due to insufficient paired sample data. Historical leases at the building, however, established a verified parking benchmark of $246 per month.

101 Erskine's active asking rent of $2,350 per month sits below the North Midtown submarket average of $2,803, yet the building's asking rate of 4.55 dollars per square foot exceeds the submarket benchmark of 4.27 dollars per square foot by 6.6 percent. The lower nominal monthly outlay is driven by more compact suite sizing in the current inventory rather than cheaper unit pricing. 101 Erskine's five active listings represent approximately 2.2 percent of the 232 total active listings across the North Midtown submarket.

101 Erskine's all-time average lease rent of $2,556 per month sits $162 above the four-comp average of $2,394, positioning it in the upper half of its immediate competitive set. AKRA at 109 Erskine Avenue (0.04 km) reports an average closed lease of $2,544 per month at $4.04 per square foot across 639-square-foot suites, making it the closest rent benchmark. The 88 on Broadway at 88 Broadway Avenue (0.12 km) commands the highest comp rent at $2,804 per month, $3.93 per square foot, and 723 average square feet. At the lower end, 77 Erskine (0.08 km) averages $1,838 per month at $2.72 per square foot for 713 square feet, while 133 Erskine Avenue (0.1 km) reports $2,391 per month at $2.81 per square foot across 850-square-foot suites.

101 Erskine leases at $3.97 per square foot for an average 650-square-foot suite, a rate that trades at a $0.07 per square foot (1.7%) discount below AKRA's $4.04 per square foot while commanding a $1.25 per square foot (46%) premium over the 1944-era 77 Erskine and a $1.16 per square foot (41.3%) premium over 133 Erskine Avenue. Compared to The 88 on Broadway, the subject carries a marginal $0.04 per square foot (1.0%) premium over that 2009 tower's $3.93 per square foot. Tenants at 101 Erskine accept 63 fewer square feet than a typical 77 Erskine suite and 200 fewer than a 133 Erskine Avenue unit, but gain 11 more square feet than an AKRA suite. The value proposition is clear: renters pay a modest per-square-foot premium over the older and larger-footprint buildings in exchange for a 2018-built product with a full resort amenity suite, while still securing a slightly lower rate per square foot than the newest 2026 competitor at AKRA.

101 Erskine delivers a resort-style lifestyle package that distinguishes it from every nearby competitor, particularly in outdoor recreation and entertainment facilities. Where AKRA offers hot and cold plunge pools, 101 Erskine provides a full outdoor pool alongside a dedicated media and theatre room, a games and billiards room, and a dining room with kitchen—three spaces AKRA does not include. Against the 1944-built 77 Erskine, which centres its offering on a dog run, pet wash station, and outdoor fireplace, 101 Erskine adds a full gym and fitness centre, sauna and steam room, yoga studio, and rooftop terrace with BBQ area. Compared to The 88 on Broadway's indoor pool and hot tub configuration, 101 Erskine differentiates with an outdoor pool, a dedicated yoga studio, and a fireplace lounge that the 2009 tower lacks. This amenity mix—outdoor pool, media theatre, games room, yoga studio, and fireplace lounge—serves young professionals and small households in their late twenties to mid-thirties who prioritize social entertainment, year-round fitness, and resort-style outdoor living without the step-up cost of a 2026 new-build.