Skip to Content

Market Data as of August 31, 2026

Gore Park Lofts — Rental Market Data

121 King St E, Hamilton, Ontario L8N 1A9
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom
1
$1,750

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2024
Total Suites40
DeveloperEffort Trust & Scholar Properties

Gore Park Lofts at 121 King St E in Central Hamilton is a 40-suite residential building completed in 2024 by Effort Trust & Scholar Properties, currently showing one active listing against a 2.5 percent availability rate. The building recorded zero closed leases in the trailing 30 days but signed four leases over the past 90 days at an average rent of $1,763 per month with an 18-day average time to lease, indicating a steady but modest leasing cadence for a property of this size.

The single active unit asks $1,750 per month for 600 square feet, translating to $2.92 per square foot. Realized 90-day leases averaged $1,763 per month across 750 square feet at $2.36 per square foot, meaning the current listing carries a higher rate per square foot despite a lower nominal monthly figure because the available footprint is more compact than what previous tenants secured. Against the Central Hamilton submarket asking benchmark of $2.94 per square foot, Gore Park Lofts sits 0.7 percent below the broader market rate.

Marketing friction is evident in the active listing's 63 days on market, which exceeds the submarket average of 45 days, signaling leasing deceleration on this particular unit even though closed-lease velocity (18 days) remains well under the submarket norm. Across all four tracked historical leases, tenants negotiated an average discount of $13 per month, or 0.78 percent below asking, with 25 percent of deals closing under the initial price point—a modest but consistent tenant-favorable concession. Inventory depth is extremely thin: the sole available unit is a one-bedroom, leaving no multi-bedroom or two-bedroom options for renters seeking larger footprints at this address.

Get Monthly Rental Market Updates for Gore Park Lofts

Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.

Strictly monthly updates. One-click unsubscribe at any time.

Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Gore Park Lofts as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
-1 (50.0%)
Avg Asking Rent$1,750
+$100 (6.1%)
Avg Suite Size600 sf
-25 sf (4.0%)
Avg Days on Market63d
0d (0.8%)
Avg Asking $/SF$2.92
+$0.27 (10.0%)

Active Market Insights & Questions

How has rental availability changed at Gore Park Lofts recently?

Gore Park Lofts has one active listing as of August 31, 2026, asking $1,750 per month with both the average and median rent at that single figure. The available suite spans 600 square feet at $2.92 per square foot, and the 100 percent layout share is a one-bedroom unit. With only one unit on the market, inventory is entirely entry-level and compact, offering no multi-bedroom or executive-tier alternatives for renters at this building.

What floor plans and unit layouts are currently available at Gore Park Lofts?

The sole active layout at Gore Park Lofts is a one-bedroom unit representing 100 percent of available inventory. That single listing asks $1,750 per month for 600 square feet at $2.92 per square foot, and no two-bedroom, three-bedroom, or den-included units are currently on the market. Renter choice at this address is limited to this one compact one-bedroom option.

What is the average asking rent and $/SF by suite size at Gore Park Lofts?

Gore Park Lofts shows a minimum and maximum asking rent of $1,750 per month, producing a dollar spread of $0 and a percentage spread of 0 percent across its single active listing. The entry-level suite is a one-bedroom at 600 square feet and $2.92 per square foot, which is also the peak suite since no larger or higher-priced unit is available. With only one unit listed, the pricing spread cannot be meaningfully differentiated between tiers.

How much extra do parking spaces and dens cost at Gore Park Lofts?

Gore Park Lofts does not have a quantified den premium or square-footage delta for den-included units, as no such configurations are currently active in the building's inventory. Parking stall costs also cannot be reliably isolated from the available data due to an insufficient paired sample, so no specific monthly parking fee can be quoted for prospective tenants.

How do asking rents at Gore Park Lofts compare to local and municipal benchmarks?

Gore Park Lofts asks $1,750 per month at $2.92 per square foot, compared to the Central Hamilton submarket average asking rent of $2,026 per month and $2.94 per square foot. The building's rate per square foot sits 0.7 percent below the submarket asking benchmark, and the lower nominal monthly rent is explained by the 600-square-foot footprint being more compact than the larger suites driving the submarket average. Gore Park Lofts represents one out of 197 active listings in Central Hamilton, a 0.5 percent share of total submarket inventory.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Gore Park Lofts (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$1,550
Avg Suite Size650 sf
Avg Days on Market98d
Delisted $/SF$2.38

De-Listed Market Analysis & Questions

How many listings de-listed at Gore Park Lofts, and what was their re-listing price compared to previous asking?

Gore Park Lofts logged one delisted unit over its tracked history, representing a 25% delisted-to-lifetime-leased ratio, with the listing expiring rather than being terminated or suspended. Because trailing 30-day lease volume is zero, the ratio is measured against lifetime closings. A single expired listing in a 40-suite building is a low-volume friction signal and does not yet indicate a pattern of unrented inventory.

How do asking prices on de-listed suites compare to executed leases and active listings at Gore Park Lofts?

Gore Park Lofts' single delisted unit asked $1,550 per month at $2.38 per square foot, sitting at nominal parity with realized lease averages per the tracked data. The delisted suite's asking rate aligns with the building's $1,763 average realized rent within the margin of a single-suite sample. With only one delisted listing, no directional overpricing or underpricing trend can be established.

What market friction causes rental listings to stall or de-list at Gore Park Lofts?

Gore Park Lofts' delisted unit sat on market for 98 days compared to the building's 18-day realized lease average, an excess of 80 marketing days. Those 80 days represent roughly 2.7 months of lost rent at the $1,550 asking rate—approximately $4,133 in vacancy carry—plus ongoing condo maintenance fees during the unrented period. The extended DOM on a single expired listing underscores the cost of pricing misalignment even in a small portfolio.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27217257502.3134
2026-04-28217257502.3135
2026-04-29217257502.3136
2026-04-30217257502.3137
2026-05-01217257502.3138
2026-05-02217257502.3139
2026-05-03217257502.3140
2026-05-04217257502.3141
2026-05-05217257502.3142
2026-05-06217257502.3143
2026-05-07217257502.3144
2026-05-08217257502.3145
2026-05-09217257502.3146
2026-05-10217257502.3147
2026-05-11217257502.3148
2026-05-12217257502.3149
2026-05-13217257502.3150
2026-05-14217257502.3151
2026-05-15217257502.3152
2026-05-16217257502.3153
2026-05-17217257502.3154
2026-05-18217257502.3155
2026-05-19217257502.3156
2026-05-20217257502.3157
2026-05-21217257502.3158
2026-05-22217257502.3159
2026-05-23217257502.3160
2026-05-24217257502.3161
2026-05-25217257502.3162
2026-05-26217257502.3163
2026-05-27318007832.3043
2026-05-28318007832.3044
2026-05-29318007832.3045
2026-05-30318007832.3046
2026-05-31217507502.3419
2026-06-01217507502.3420
2026-06-02318007832.3014
2026-06-03318007832.3015
2026-06-04318007832.3016
2026-06-05318007832.3017
2026-06-06318007832.3018
2026-06-07318007832.3019
2026-06-08318007832.3020
2026-06-09318007832.3021
2026-06-10318007832.3022
2026-06-11318007832.3023
2026-06-12318007832.3024
2026-06-13318007832.3025
2026-06-14318007832.3026
2026-06-15318007832.3027
2026-06-16318007832.3028
2026-06-17318007832.3029
2026-06-18318007832.3030
2026-06-19318007832.3031
2026-06-20318007832.3032
2026-06-21318007832.3033
2026-06-22217507502.3441
2026-06-23115506502.3857
2026-06-24115506502.3858
2026-06-25115506502.3859
2026-06-26115506502.3860
2026-06-27115506502.3861
2026-06-28115506502.3862
2026-06-29216506252.6532
2026-06-30216506252.6533
2026-07-01216506252.6534
2026-07-02216506252.6535
2026-07-03216506252.6536
2026-07-04216506252.6537
2026-07-05216506252.6538
2026-07-06216506252.6539
2026-07-07316336332.5926
2026-07-08316336332.5927
2026-07-09316336332.5928
2026-07-10316336332.5929
2026-07-11316336332.5930
2026-07-12316336332.5931
2026-07-13316336332.5932
2026-07-14316336332.5933
2026-07-15316336332.5934
2026-07-16416386382.5827
2026-07-17416386382.5828
2026-07-18416386382.5829
2026-07-19316506332.6135
2026-07-20316506332.6136
2026-07-21316506332.6137
2026-07-22316506332.6138
2026-07-23316506332.6139
2026-07-24316506332.6140
2026-07-25316506332.6141
2026-07-26316506332.6142
2026-07-27316506332.6143
2026-07-28316506332.6144
2026-07-29216506252.6562
2026-07-30216506252.6563
2026-07-31216506252.6564
2026-08-01216506252.6565
2026-08-02216506252.6566
2026-08-03117506002.9235
2026-08-04117506002.9236
2026-08-05117506002.9237
2026-08-06117506002.9238
2026-08-07117506002.9239
2026-08-08117506002.9240
2026-08-09117506002.9241
2026-08-10117506002.9242
2026-08-11117506002.9243
2026-08-12117506002.9244
2026-08-13117506002.9245
2026-08-14117506002.9246
2026-08-15117506002.9247
2026-08-16117506002.9248
2026-08-17117506002.9249
2026-08-18117506002.9250
2026-08-19117506002.9251
2026-08-20117506002.9252
2026-08-21117506002.9253
2026-08-22117506002.9254
2026-08-23117506002.9255
2026-08-24117506002.9256
2026-08-25117506002.9257
2026-08-26117506002.9258
2026-08-27117506002.9259
2026-08-28117506002.9260
2026-08-29117506002.9261
2026-08-30117506002.9262
2026-08-31117506002.9263

12-Month Market Dynamics & Trend Trajectory

Gore Park Lofts realized an average rent of $1,763 per month at $2.36 per square foot across its four tracked leases, positioning the building 8.4% below the Central Hamilton submarket average lease rent of $1,925 and 23.6% below the submarket average rate of $3.09 per square foot. The building's 750-square-foot average suite size explains part of the nominal gap, but even on a per-square-foot basis Gore Park Lofts undercuts the local benchmark by roughly 24 cents, offering a more competitive entry price for Central Hamilton renters. On pricing discipline, 25% of tracked leases closed below asking with an average tenant discount of $13 per month (0.78%), yielding $156 in annualized savings per unit. The remaining three transactions settled at or near the listed rate, indicating that landlord concessions were modest and episodic rather than a broad repricing strategy. Tenant leverage in this micro-market is real but narrow, concentrated in a single negotiated closing within a four-lease sample.

Loading inventory data…

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-06-21219258502.2624
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-19115506502.3812
2026-07-26116506502.5413

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Gore Park Lofts at 121 King St E sits in a tight cluster of four nearby competitors within 180 metres, spanning three distinct construction eras. Two active peers carry meaningful lease volume: Residences of Royal Connaught – Phase 2 at 118 King St E (0.07 km, built in 2019) logged 13 closed leases over the trailing 180 days, and Residences of Royal Connaught at 112 King St E (0.08 km, built in 2018) also recorded 13 closed leases. Theatre Lofts at 193 King Street E (0.18 km, built in 2025) closed a single lease transaction in the same window, offering a limited but real pricing data point. Film Work Lofts at 80 King William St (0.03 km, built in 2010) recorded zero closed leases over the trailing 180 days and functions purely as an architectural reference rather than an active pricing benchmark. The four-comparable set averages $1,914 per month in realized rent, $2.87 per square foot, and 679 square feet of interior space. Gore Park Lofts' all-time realized lease data shows an average rent of $1,763 per month at $2.36 per square foot across 750 square feet of average suite size. That places the subject roughly 8 percent below the comp-set rent benchmark and 18 percent below the comp-set rate per square foot, while delivering meaningfully more interior area than the 679-square-foot average. The building's 2024 completion gives it the newest structural generation in this pocket, yet its pricing sits at a clear discount to both Royal Connaught phases, reflecting a leaner amenity package and a smaller 40-suite scale that limits the revenue-per-door economics available to the operator.

80 King William St, Hamilton

Avg Asking$1,767/mo
Avg $/SF$2.26
Rent Spread:
+$17/mo (+1.0%) Higher

118 King St E, Hamilton

Avg Asking$2,254/mo
Avg $/SF$2.90
Rent Spread:
+$504/mo (+28.8%) Higher

112 King St E, Hamilton

Avg Asking$2,160/mo
Avg $/SF$3.00
Rent Spread:
+$410/mo (+23.4%) Higher

193 King Street E, Hamilton

Avg Asking$1,727/mo
Avg $/SF$3.09
Rent Spread:
-$23/mo (-1.3%) Lower

22 Hughson Street N, Hamilton

Avg Asking$2,497/mo
Avg $/SF$3.60
Rent Spread:
+$747/mo (+42.7%) Higher

63 John Street S, Hamilton

Avg Asking$1,650/mo
Avg $/SF$2.54
Rent Spread:
-$100/mo (-5.7%) Lower

Comparable Analysis & Questions

How do rental rates at Gore Park Lofts compare to neighbouring buildings within Central Hamilton?

Gore Park Lofts' average realized lease rent of $1,763 per month runs $151 below the four-comparable benchmark of $1,914, positioning it as the more affordable option in this immediate King Street East pocket. Residences of Royal Connaught – Phase 2 (118 King St E, 0.07 km, 13 closed leases) averages $2,207 per month at $2.82 per square foot across 800 square feet, making the subject $444 lower in nominal rent. Residences of Royal Connaught (112 King St E, 0.08 km, 13 closed leases) averages $2,056 per month at $2.88 per square foot over 726 square feet, placing the subject $293 below that mark. Theatre Lofts (193 King Street E, 0.18 km, 1 closed lease) shows an average of $1,480 per month at $2.90 per square foot across 510 square feet; here the subject commands $283 higher in nominal rent, a variance driven entirely by its larger 750-square-foot footprint rather than a rate premium. Film Work Lofts (80 King William St, 0.03 km) recorded zero closed leases over the trailing 180 days and therefore offers no realized rent benchmark for direct comparison.

Does Gore Park Lofts offer a competitive price-per-square-foot ($/SF) against local comparables?

Gore Park Lofts trades at $2.36 per square foot across an average 750-square-foot suite, a rate 18 percent below the comp-set average of $2.87 per square foot while delivering more interior area than the 679-square-foot comp benchmark. Against Residences of Royal Connaught – Phase 2, the subject offers a $0.46 per square foot (16.3 percent) discount and provides 50 fewer interior square feet, so the lower nominal rent of $444 per month reflects both a smaller footprint and a more competitive per-square-foot rate. Against Residences of Royal Connaught, the subject trades at a $0.52 per square foot (18.1 percent) discount while actually providing 24 more interior square feet, meaning the $293-per-month rent advantage is amplified by greater usable space. Against Theatre Lofts, the subject carries a $283-per-month higher nominal rent yet trades at a $0.54 per square foot (18.6 percent) discount and provides 240 more interior square feet; the higher headline rent is a function of the substantially larger 750-square-foot layout rather than any per-square-foot premium, giving renters more space for a modestly higher monthly outlay.

How do building age, amenities, and developer reputation impact rent spreads?

Gore Park Lofts offers a compact three-item amenity suite—Shared Laundry Room, Dining Room & Kitchen, and Gym & Fitness Centre—positioning it as a streamlined, low-maintenance residential building in a pocket where both Royal Connaught phases and Theatre Lofts field concierge desks, rooftop terraces, and multi-room social lobbies. The Shared Laundry Room is a feature absent from all three active competitors, and the in-building Dining Room & Kitchen distinguishes the subject from Theatre Lofts, which offers no communal food-preparation space. However, the subject lacks the concierge and security presence, yoga studio, party and lounge room, meeting room, media and theatre room, games and billiards room, BBQ area, rooftop terrace, and garden courtyard that define the Royal Connaught lifestyle package, and it does not match Theatre Lofts' meeting-room offering for remote-work tenants. This leaner amenity profile, paired with the building's below-market per-square-foot rate and generous 750-square-foot average suite, best serves cost-conscious professionals and small households who prioritize interior living space and a quiet, low-traffic residential environment over resort-style common facilities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Gore Park Lofts.

Building Amenities

  • Shared Laundry Room
  • Dining Room & Kitchen
  • Gym & Fitness Centre

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Gore Park Lofts.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.