1544 King Street East — Rental Market Data

1544 King Street East has 2 units actively listed as of August 31, 2026, with asking rents ranging from $1,475 to $1,675 per month, an average of $1,575 and a median of $1,575. The average active suite measures 508 square feet at an asking rate of $3.11 per square foot. Inventory is split evenly between one-bedroom and two-bedroom layouts, with the one-bedroom tier representing 50 percent of active stock; the building currently leans toward compact entry-level suites rather than multi-bedroom executive configurations.

The dominant active layout at 1544 King Street East is the one-bedroom, with 1 unit representing 50 percent of available inventory at an average asking rent of $1,475 per month across 456 square feet ($3.23 per square foot). The two-bedroom tier also holds 1 unit at 50 percent share, asking $1,675 per month over 560 square feet at $2.99 per square foot. Both tiers are single listings, so no tier offers a comparative selection within the building.

1544 King Street East spans a $200 asking-rent spread, from a minimum of $1,475 to a peak of $1,675 per month, a 13.6 percent range. The median asking rent sits at $1,575 per month. The entry-level suite is a one-bedroom at 456 square feet priced at $3.23 per square foot, while the peak offering is a two-bedroom at 560 square feet carrying a lower rate of $2.99 per square foot due to its larger footprint.

Active den premiums and square-footage deltas for 1544 King Street East cannot be quantified from the current dataset, as no paired den versus non-den listings exist in the active sample. Parking stall costs also cannot be reliably isolated; the available data reflects an anomalous outlier or insufficient paired sample, so no specific monthly parking fee should be assumed. Renters should request a direct parking quote from the leasing office before signing a lease.

1544 King Street East asks an average of $1,575 per month at $3.11 per square foot, compared to the Hamilton Mountain submarket asking benchmark of $1,737 per month at $2.82 per square foot. The building's nominal rent is lower than the submarket average, but that gap is fully explained by suite size: active units average 508 square feet versus the submarket implied average of 616 square feet, a 108-square-foot delta. On a rate basis, the building trades 10.3 percent above the submarket asking benchmark, and it currently holds 2 out of 37 active listings in the Hamilton Mountain pool.

1544 King Street East realized an average lease rent of $1,713 per month over its three closed transactions, sitting $50 above the overall comp benchmark of $1,663 and below the Hamilton Mountain submarket average of $1,741. Among active pricing peers, the subject commands a higher monthly rent than both nearby competitors: $88 more than 1327 Main Street E (1327 Main Street E, 0.73 km, 2 closed leases, $1,625 average rent, $2.32 per square foot, 700 square feet) and $13 more than 3 Balmoral Avenue S (3 Balmoral Avenue S, 0.73 km, 1 closed lease, $1,700 average rent, $2.00 per square foot, 850 square feet). The two zero-transaction references—4 Ottawa North (4 Ottawa Street North, 0.68 km) and 18 Huxley Avenue S (18 Huxley Avenue S, 0.69 km)—recorded zero closed leases over the trailing 180 days and therefore carry no realized rent benchmark; they function solely as architectural and amenity references rather than active pricing comparables.

1544 King Street East leases at $3.13 per square foot across an average 548-square-foot suite, a rate that commands a premium over both active nearby alternatives while the building provides fewer interior square feet than either competitor. Against 1327 Main Street E (built in 1935, $2.32 per square foot, 700 square feet), the subject trades at a $0.81 per square foot premium—roughly 35 percent higher on a per-foot basis—while delivering 152 fewer square feet of interior space; the higher nominal rent of $1,713 versus $1,625 is therefore driven by the elevated per-foot rate rather than by a larger footprint. Against 3 Balmoral Avenue S (estimated completion 2026, $2.00 per square foot, 850 square feet), the subject commands a $1.13 per square foot premium—approximately 57 percent higher—yet provides 302 fewer square feet, meaning the $13 monthly rent differential is almost entirely a function of the compact suite size offsetting the steeper per-foot charge. The two zero-transaction buildings, 4 Ottawa North and 18 Huxley Avenue S, recorded zero lease transactions over the past 180 days and offer no square-footage or per-foot benchmark for comparison.

1544 King Street East provides no common lifestyle or recreational facilities, operating as a no-frills, low-maintenance residential building in a pocket where every nearby competitor also carries a zero-amenity profile. The four surrounding properties—4 Ottawa North, 18 Huxley Avenue S, 1327 Main Street E, and 3 Balmoral Avenue S—each list no amenities whatsoever, meaning there is no aquatic, wellness, gym, remote-work, or pet-facility differentiation to weigh in a renter's decision across this immediate cluster. In a market where the Hamilton Mountain submarket average asking rate sits at $1,737 per month and the subject's compact 548-square-foot suites lease near $1,713, the absence of shared lifestyle infrastructure on both sides of the comparison effectively neutralizes amenity as a pricing lever. The building's value proposition therefore rests on its 2026 construction profile, straightforward low-maintenance operation, and cost-conscious positioning, best serving budget-sensitive professionals and small households who prioritize a newer, simple residential product over amenity-rich lifestyle programming.