Chelsea Lofts — Rental Market Data

Chelsea Lofts currently has 1 active listing as of August 31, 2026, spanning a price range of $2,200 to $2,200 per month, with both average and median asking rents sitting at $2,200 per month. The active inventory features an average suite size of 750 square feet and an asking rate of $2.93 per square foot. A single 1-bedroom layout accounts for 100 percent of the active inventory, indicating that current availability leans entirely toward compact entry-level suite configurations.

The 1-Bedroom layout is the dominant active layout at Chelsea Lofts, representing 1 listing and 100 percent of current inventory. This singular available tier averages $2,200 per month across 750 square feet at an asking rate of $2.93 per square foot. There are zero active listings available across other bedroom configurations.

Chelsea Lofts features a minimum entry rent of $2,200 per month and a peak asking rent of $2,200 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. Median asking rent rests at $2,200 per month. The entry-level suite is a 1-bedroom layout spanning 750 square feet with an asking rate of $2.93 per square foot, identical to the peak suite configuration.

Chelsea Lofts has unquantified den data with an active den premium of null dollars and a square footage delta of null. Den marginal rate per square foot cannot be isolated due to identical or unquantified floor plan variations. Furthermore, active parking stall premiums cannot be reliably isolated due to an insufficient paired sample.

Chelsea Lofts asks an average of $2,200 per month at $2.93 per square foot, coming in lower than the Dovercourt submarket asking benchmarks of $2,609 per month and $3.89 per square foot. The lower nominal monthly outlay is driven by compact suite sizing and competitive pricing rather than higher unit costs. The building's asking rate per square foot sits 24.7 percent below the submarket asking benchmark, backed by a 5.9 percent share of total submarket active inventory.

Chelsea Lofts achieves an average lease rent of $2,375 per month, trading above the overall comp average of $2,136 per month alongside key benchmark properties such as DuPont Loft Residences at 1401-1407 Dupont Street. DuPont Loft Residences, completed in 2000 at a distance of 0.05 kilometers with 8 closed leases, reports an average lease rent of $1,738 per month at $2.92 per square foot across an average of 600 square feet. Fuse, located at 1410 Dupont St just 0.11 kilometers away with 10 closed leases, records an average lease rent of $2,263 per month at $3.65 per square foot across 620 square feet. UpsidedownCondos - I at 816 Lansdowne Ave, situated 0.15 kilometers away with 6 closed leases, averages $2,384 per month at $3.59 per square foot across 665 square feet. Finally, Fuse 2 at 1420 Dupont St, located 0.16 kilometers away with 12 closed leases, logs an average lease rent of $2,160 per month at $3.78 per square foot across 572 square feet.

Chelsea Lofts establishes its value proposition through a leased rate of $3.65 per square foot across an average of 650 square feet, undercutting the submarket average lease rate of $3.82 per square foot while offering larger layouts than most immediate competitors. Renters at Chelsea Lofts trade older structural character for significantly larger floor plans, securing 50 more square feet than DuPont Loft Residences at 600 square feet, 30 more square feet than Fuse at 620 square feet, and 78 more square feet than Fuse 2 at 572 square feet. Furthermore, Chelsea Lofts trades at a $0.13 per square foot discount below Fuse 2, which charges $3.78 per square foot, allowing tenants to capture superior interior space efficiency without paying the peak square-foot premiums attached to newer 2017-era high-rise completions.

Chelsea Lofts delivers a robust lifestyle and amenity profile tailored to urban professionals, featuring 7 signature amenities including a concierge and security service, a gym and fitness centre, a party and lounge room, a meeting room, a dedicated BBQ area, a rooftop terrace, and a garden and courtyard. When contrasted with nearby peers, Chelsea Lofts matches foundational security offerings found at DuPont Loft Residences and Fuse while providing specialized outdoor spaces like its rooftop terrace and courtyard that rival the media rooms and games rooms of DuPont Loft Residences. While competitors such as Fuse 2 and UpsidedownCondos - I incorporate specialized wellness additions like indoor pools, saunas, and basketball courts, Chelsea Lofts focuses its amenity program on social gathering spaces and outdoor terraces. This specific amenity mix makes Chelsea Lofts particularly appealing to professionals and mature tenants prioritizing outdoor relaxation and low-maintenance community spaces over expansive recreational facilities.