Platinum Condos — Rental Market Data

Platinum Condos displays 6 active listings as of August 31, 2026, commanding a price range spanning from $1,650 to $2,100 per month with an average asking rent of $1,867 per month and a median asking rent of $1,850 per month. Active inventory averages 531 square feet with an average asking rate of $3.59 per square foot. One-bedroom layouts dominate the active inventory at 66.7% of available units, reflecting a market footprint that heavily leans toward compact entry-level suites rather than multi-bedroom executive floor plans.

One-Bedroom suites serve as the dominant active layout at Platinum Condos, representing 4 active listings and a 66.7% inventory share. This core tier averages $1,788 per month across 477 square feet at an asking rate of $3.80 per square foot. The remaining inventory consists of 2 units of 1-Bedroom + Den configurations holding a 33.3% share, averaging $2,025 per month across 640 square feet at an asking rate of $3.16 per square foot.

Platinum Condos exhibits a minimum entry rent of $1,650 per month and a peak asking rent of $2,100 per month, creating a dollar spread of $450 and a percentage spread of 27.3%. The median asking rent rests at $1,850 per month. Entry-level access is anchored by a 1-Bedroom suite spanning 429 square feet at $3.85 per square foot, while peak pricing is claimed by a 1-Bedroom + Den suite offering 650 square feet at $3.23 per square foot.

Platinum Condos commands an active den premium averaging $238 per month for an additional 163 square feet of interior space. This extra square footage equates to a marginal cost of $1.46 per square foot for the den upgrade. Active parking stall data cannot be reliably isolated due to an insufficient paired sample.

Platinum Condos asks an average of $1,867 per month at $3.59 per square foot, undercutting the wider Central Hamilton submarket asking benchmark of $2,026 per month in nominal terms. Nominal rent variances are driven by more compact suite footprints, as the building's asking rate per square foot trades at a 22.1% premium above the submarket asking benchmark of $2.94 per square foot. The building accounts for 6 active listings within a broader submarket pool of 197 available properties.

Platinum Condos achieves an average lease rent of $1,960 per month, trading above the overall comp average of $1,700 per month driven largely by data from active benchmark properties like 13 Hess Street. Specifically, 13 Hess Street (located at 13 Hess Street) reports an average lease rent of $1,700 per month at $2.27 per square foot across an average of 750 square feet. Meanwhile, direct competitors 285 King St W (285 King St W), 272-274 King Street (272-274 King Street), and 255 Main Street W (255 Main Street W) currently report no active lease transactions or rental metrics within the observation window.

Platinum Condos delivers a modern value proposition with an average leased rate of $3.40 per square foot across an average suite size of 595 square feet, contrasting against the broader comp baseline of $2.27 per square foot and 750 square feet. Renters at Platinum Condos trade down in total interior square footage compared to older, larger neighborhood alternatives like 13 Hess Street (which averages 750 square feet at $2.27 per square foot), opting instead for superior layout efficiency, modern mechanical systems, lower utility burdens, and contemporary interior finishes.

Platinum Condos offers a robust lifestyle and amenity profile that outpaces many surrounding properties by featuring signature resident conveniences including a Concierge & Security, a Gym & Fitness Centre, a Yoga Studio, a Party & Lounge Room, and a Rooftop Terrace. By contrast, 285 King St W provides basic shared features such as a Shared Laundry Room, Garden & Courtyard, and Video Intercom System, while 272-274 King Street includes a Concierge & Security, Shared Laundry Room, and Storage. Meanwhile, nearby buildings like 13 Hess Street and 255 Main Street W list no comparable on-site amenity spaces in the available data. This amenity suite makes Platinum Condos particularly attractive to young professionals and urban renters seeking a full-service, amenity-rich building in Central Hamilton.