Peter + Adelaide — Rental Market Data

Peter + Adelaide has exactly one unit listed for rent as of August 31, 2026, asking $7,650 per month with no spread between minimum and maximum. The available suite spans 950 square feet at $8.05 per square foot, and the 100 percent layout share belongs to a three-bedroom-plus configuration. This single listing represents the building's entire active inventory, leaving no entry-level or mid-tier options for renters seeking compact one- or two-bedroom spaces.

The sole active listing at Peter + Adelaide is a three-bedroom-plus unit, accounting for 100 percent of available inventory. That single suite asks $7,650 per month across 950 square feet, translating to $8.05 per square foot. No one-bedroom, two-bedroom, or studio tiers are currently on the market, so renters in those categories have zero options within this building.

Peter + Adelaide's active pricing spread is $0, with both the minimum and maximum asking rent set at $7,650 per month across a single listing. The entry-level and peak suite are the same unit: a three-bedroom-plus layout of 950 square feet priced at $8.05 per square foot. With only one unit available, there is no internal price gradient to navigate, and the median asking rent of $7,650 simply reflects that lone transaction.

Den premiums at Peter + Adelaide cannot be quantified from current active data, as the single listed unit does not provide a paired comparison to isolate the marginal cost of additional den space. Parking stall costs are likewise unconfirmed; the available sample is too small or contains anomalous outliers to produce a reliable monthly figure, so renters should request a direct quote from the leasing office before committing.

Peter + Adelaide's active asking rate of $8.05 per square foot sits 45.6 percent above the Entertainment District's average asking benchmark of $5.53 per square foot, while the $7,650 monthly rent is more than double the submarket's average asking rent of $3,542. The nominal rent gap is explained by suite size: the active unit's 950 square feet exceeds the submarket's implied average of 641 square feet by 309 square feet, meaning the higher headline price reflects an executive-scale footprint rather than a pure rate premium. The building represents one out of 153 active listings in the Entertainment District, a 0.7 percent share of total submarket inventory.

Peter + Adelaide's average realized lease rent of $3,121 per month runs $471 above the four-comp benchmark of $2,650 per month, a spread driven entirely by the building's larger suite footprints rather than a higher per-square-foot rate. Tableau Condominiums at 125 Peter St (60 m away, 8 closed leases) averages $2,566 per month at $4.57 per square foot across 575 square feet, meaning the subject commands $555 more per month. Peter Street Condos at 101 Peter St (60 m, 14 closed leases) averages $2,395 per month at $4.56 per square foot over 541 square feet, placing the subject $726 higher on a monthly basis. 87 Peter at 87 Peter St (100 m, 50 closed leases) averages $2,475 per month at $4.66 per square foot across 544 square feet, with the subject running $646 above that figure. Central Condos at 38 Widmer St (130 m, 44 closed leases) is the closest rent match at $3,163 per month, $4.58 per square foot, and 703 square feet, where the subject actually trades $42 below the comp's realized rent despite offering 29 more square feet of interior space.

Peter + Adelaide leases at $4.27 per square foot across an average 732-square-foot suite, a rate that sits below every active competitor in this pocket while delivering the largest interior footprint of the group. Against Tableau Condominiums ($4.57 per square foot, 575 sq ft), the subject trades at a $0.30 per square foot (6.6%) discount while providing 157 more interior square feet; the higher nominal rent of $555 per month is a direct function of that additional space, not a premium on the asset's per-square-foot value. Peter Street Condos ($4.56 per square foot, 541 sq ft) shows the same pattern: the subject offers a $0.29 per square foot (6.4%) discount and 191 more square feet, with the $726 monthly rent differential attributable to the expanded footprint. At 87 Peter ($4.66 per square foot, 544 sq ft), the subject trades at a $0.39 per square foot (8.4%) discount while delivering 188 additional square feet, again explaining the $646 higher monthly rent through space rather than rate. Central Condos ($4.58 per square foot, 703 sq ft) is the one comp where the subject's nominal rent is actually $42 lower despite a $0.31 per square foot (6.8%) discount and 29 more square feet, confirming that Peter + Adelaide's larger suite does not translate into a higher total rent in this specific pairing.

Peter + Adelaide offers a 16-item amenity suite that includes an outdoor pool, hot tub and jacuzzi, sauna and steam room, business centre, indoor kids' play room, dedicated pet area, and treatment rooms, positioning it as a full-service lifestyle building within a peer set where several competitors lack aquatic or family-oriented facilities. The outdoor pool is a genuine differentiator: Tableau Condominiums (125 Peter St) and Peter Street Condos (101 Peter St) offer no pool of any kind, and 87 Peter (87 Peter St) provides only a hot tub and water spa without an open-air swimming facility. The subject's indoor kids' play room and dedicated pet area have no direct equivalent at Tableau, Peter Street Condos, or 87 Peter, while Central Condos (38 Widmer St) matches the outdoor pool but substitutes a golf simulator, bocce field, and car wash bay for family and pet programming. The business centre at Peter + Adelaide is absent from Tableau, Peter Street Condos, and 87 Peter, giving remote-working tenants a dedicated professional space that only Central Condos replicates. This amenity package—combining aquatic recreation, wellness treatments, family play space, pet infrastructure, and remote-work facilities—best serves young professional couples and small families in the Entertainment District who want a single-building lifestyle solution without splitting between a gym, a co-working space, and a neighbourhood pool.