Residences of Royal Connaught - Phase 2 — Rental Market Data

Residences of Royal Connaught - Phase 2 currently features 4 active listings as of August 31, 2026, with asking prices ranging from $1,899 to $3,000 per month, an average rent of $2,412 per month, and a median rent of $2,375 per month. Active suites average 865 square feet with an asking rate of $2.82 per square foot, and 1-Bedroom configurations claim a dominant share of 50 percent of active inventory. Current listings offer a balanced distribution between compact entry-level suites and multi-bedroom executive layouts.

The dominant active layout at Residences of Royal Connaught - Phase 2 is the 1-Bedroom configuration, accounting for 2 active listings and a 50 percent inventory share. The 1-Bedroom tier features an average rent of $1,925 per month, a median rent of $1,924 per month, an average size of 660 square feet, and an asking rate of $2.92 per square foot across a small selection of inventory. Meanwhile, the 2-Bedroom tier also comprises 2 active listings representing a 50 percent share, averaging $2,900 per month with a median of $2,900 per month, an average size of 1,070 square feet, and an asking rate of $2.72 per square foot.

Residences of Royal Connaught - Phase 2 displays a minimum entry rent of $1,899 per month and a peak asking rent of $3,000 per month, creating a dollar spread of $1,101 per month or a 58 percent spread. The median asking rent stands at $2,375 per month. The entry-level suite consists of a 1-Bedroom layout spanning 669 square feet at an asking rate of $2.84 per square foot, whereas the peak suite is a 2-Bedroom layout spanning 1,039 square feet at $2.89 per square foot.

Residences of Royal Connaught - Phase 2 has active den premium data that is unavailable due to a lack of den listings in the current inventory. Active parking premium data cannot be reliably isolated due to an anomalous outlier or insufficient paired sample. Prospective tenants should verify parking stall costs directly with management.

Residences of Royal Connaught - Phase 2 asks an average rent of $2,412 per month at $2.82 per square foot, compared to the Central Hamilton submarket asking averages of $2,026 per month and $2.94 per square foot. The lower nominal rent is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot sits 4.1 percent below the submarket asking benchmark, backed by 4 active listings representing 2.0 percent of submarket inventory.

Residences of Royal Connaught - Phase 2 achieves an average lease rent of $2,175 per month, standing above the overall competitive benchmark average of $1,823 per month across nearby properties. Individual competitor performance varies across the immediate micro-market: Residences of Royal Connaught at 112 King St E reports an average lease rent of $2,056 per month at $2.88 per square foot across an average of 726 square feet; Gore Park Lofts at 121 King St E logs an average lease rent of $1,763 per month at $2.36 per square foot across 750 square feet; Film Work Lofts at 80 King William St maintains no active lease metrics in the past 180 days; and 63 John Street S records an average lease rent of $1,650 per month at $2.54 per square foot across 650 square feet.

Residences of Royal Connaught - Phase 2 establishes its value proposition by balancing a leased rate of $2.86 per square foot against an average suite footprint of 775 square feet, comparing directly with surrounding alternatives and the Central Hamilton submarket benchmark of $3.09 per square foot. Renters navigating this micro-market weigh specific trade-offs between modern building efficiencies and older footprint designs: Residences of Royal Connaught at 112 King St E leases at $2.88 per square foot across 726 square feet; Gore Park Lofts at 121 King St E trades at $2.36 per square foot across 750 square feet; and 63 John Street S operates at $2.54 per square foot across 650 square feet. Tenants at Residences of Royal Connaught - Phase 2 secure larger average interior layouts than these immediate peers while maintaining competitive pricing relative to submarket rate ceilings.

Residences of Royal Connaught - Phase 2 delivers an extensive lifestyle and amenity package that outpaces many surrounding historical conversions and boutique infills in Central Hamilton. Residents enjoy five-star signature amenities including a 24/7 Concierge & Security service, a fully equipped Gym & Fitness Centre, a dedicated Yoga Studio, a spacious Party & Lounge Room, and an expansive Rooftop Terrace, which contrasts sharply with Gore Park Lofts and 63 John Street S, both of which offer only basic shared laundry rooms and compact fitness spaces. Furthermore, while older properties like Film Work Lofts are limited to a modest Library & Reading Room, Residences of Royal Connaught - Phase 2 incorporates multiple specialty spaces including a Media & Theatre Room, Games & Billiards Room, and a professional Dining Room & Kitchen. This robust amenity infrastructure primarily serves working professionals, downsizers, and urban residents seeking a comprehensive building experience without leaving the property.