Chateau Royale — Rental Market Data

Chateau Royale features 7 active listings as of August 31, 2026, spanning a price range of $1,700 to $2,450 per month, an average asking rent of $2,043 per month, and a median asking rent of $2,000 per month. Active inventory averages 888 square feet with an average asking rate of $2.34 per square foot. The 1-bedroom layout dominates active inventory with a 57.1% share, indicating that current available listings skew toward smaller, entry-level footprints rather than larger executive layouts.

The dominant active layout at Chateau Royale is the 1-Bedroom, accounting for 4 listings and a 57.1% inventory share. Available 1-Bedroom suites average $1,913 per month across 754 square feet at an asking rate of $2.54 per square foot. Available 2-Bedroom suites account for 3 listings with a 42.9% inventory share, averaging $2,217 per month across 1,067 square feet at an asking rate of $2.08 per square foot.

At Chateau Royale, the pricing spread spans a minimum entry rent of $1,700 per month up to a peak asking rent of $2,450 per month, creating a dollar spread of $750 per month or a 44.1% percentage spread. The median asking rent sits at $2,000 per month. The entry-level suite is a 1-Bedroom offering 750 square feet at an asking rate of $2.27 per square foot, while the peak suite is a 2-Bedroom offering 1,100 square feet at an asking rate of $2.23 per square foot.

Active den premium data is not applicable at Chateau Royale as den-specific floor plans are not currently represented in active inventory. Verified parking stall costs add a $300 per month premium for residents requiring a dedicated vehicle space.

Chateau Royale asks an average rent of $2,043 per month at $2.34 per square foot, comparing favorably to the Central Hamilton submarket asking benchmark of $2,026 per month at $2.94 per square foot. The building's lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot sits 20.4% below the submarket asking average, representing a 3.5% share of the broader submarket's 197 active listings.

Chateau Royale achieves an average lease rent of $2,146 per month, positioning it above the broader multi-comp average of $1,632 per month while tracking closely with high-amenity peers like The Chelsea. Individual competitor benchmarks include The Chelsea at 24 Augusta Street, which reports an average lease rent of $2,503 per month at $2.96 per square foot across an average of 849 square feet; 156 James Street S, averaging $1,200 per month at $3.34 per square foot across 338 square feet; The Oscar on Bold at 27 Bold Street, averaging $1,575 per month at $2.17 per square foot across 727 square feet; and 119 Macnab Street, averaging $1,250 per month at $3.79 per square foot across 330 square feet.

Chateau Royale delivers an appealing value proposition by offering an average leased rate of $2.65 per square foot across generous average suite sizes of 854 square feet, undercutting micro-market density benchmarks where smaller units often command higher per-square-foot rates. Renters at Chateau Royale trade away the ultra-compact layouts found in heritage conversions or micro-units—such as 156 James Street S at 338 square feet ($3.34 per square foot) and 119 Macnab Street at 330 square feet ($3.79 per square foot)—in favor of providing more interior square footage. At the same time, the building offers a more accessible price point per square foot than premium newer constructions like The Oscar on Bold, which averages $2.17 per square foot on smaller layouts, giving tenants expansive interior volume without a top-tier luxury surcharge.

Chateau Royale delivers a comprehensive lifestyle and amenity package that surpasses most surrounding alternatives, featuring a concierge and security service, a rooftop terrace, a party and lounge room, a gym and fitness centre, and a dedicated yoga studio. In contrast, nearby competitors offer more limited or specialized features: The Chelsea includes a rooftop terrace, fitness centre, concierge, and community-wide Wi-Fi; The Oscar on Bold provides a rooftop terrace, BBQ area, and concierge; 119 Macnab Street offers only a shared laundry room; and 156 James Street S features no listed building amenities. This robust amenity suite makes Chateau Royale well-suited for urban professionals and households seeking full-service building infrastructure combined with spacious floor plans.