171 Erskine — Rental Market Data

171 Erskine has one active listing as of August 31, 2026, asking $1,799 per month with both the average and median at that single figure. The unit spans 650 square feet at $2.77 per square foot, and the 100 percent one-bedroom composition means all current inventory is entry-level. No multi-bedroom or executive layouts are available at this address right now.

The sole active listing at 171 Erskine is a one-bedroom unit, representing 100 percent of current inventory. That single 650-square-foot suite asks $1,799 per month at $2.77 per square foot, and no two-bedroom, three-bedroom, or den configurations are currently on the market.

With only one active listing at 171 Erskine, the minimum and maximum asking rents are identical at $1,799 per month, producing a zero-dollar and zero-percent spread. The entry-level suite is a 650-square-foot one-bedroom at $2.77 per square foot, and since it is also the peak listing, no premium tier comparison is possible.

Den premium data for 171 Erskine cannot be quantified from the current single-listing sample, as no paired den versus non-den transactions exist to isolate a marginal cost per square foot. Active parking premiums also cannot be reliably isolated due to an insufficient paired sample, and no verified parking stall cost is available for quoting.

171 Erskine's active asking rate of $2.77 per square foot sits 35.1 percent below the North Midtown submarket asking benchmark of $4.27 per square foot, while the nominal monthly rent of $1,799 is 35.8 percent below the submarket average asking rent of $2,803. The 650-square-foot footprint closely matches the submarket implied average of 656 square feet, so the rate gap reflects a genuine pricing discount rather than a size-driven artifact. This single listing represents one out of 232 active listings across the North Midtown submarket.

171 Erskine's all-time average realized rent of $2,367 per month sits $220 below the four-comparable benchmark of $2,587, with the spread driven primarily by the premium pricing at The Corner on Broadway and The Residences of 900 Mount Pleasant. The Residences of 900 Mount Pleasant (900 Mount Pleasant Road, 0.09 km) recorded one closed lease at an average of $2,650 per month, $4.08 per square foot, and 650 square feet. Untitled Toronto (110-120 Broadway Avenue, 0.14 km) posted 53 closed leases averaging $2,299 per month, $4.47 per square foot, and 525 square feet. 133 Erskine Avenue (0.15 km) logged three closed leases at $2,391 per month, $2.81 per square foot, and 850 square feet. The Corner on Broadway (223 Redpath Avenue, 0.18 km) closed 14 leases at $3,009 per month, $4.68 per square foot, and 646 square feet. No competitor in this set recorded zero transactions, so every figure above reflects realized lease activity rather than asking-price speculation.

171 Erskine trades at $3.32 per square foot across its leased history, a discount to three of four nearby competitors while commanding a premium over 133 Erskine Avenue, and its 717-square-foot average suite exceeds the comp mean of 668 square feet. Against The Residences of 900 Mount Pleasant, the subject trades at a $0.76 per square foot (18.6%) discount while providing 67 more interior square feet, meaning the lower nominal rent is partly a function of the wider footprint rather than a weaker asset valuation. Versus Untitled Toronto, the subject commands $68 more per month in nominal rent yet trades at a $1.15 per square foot (25.7%) discount and delivers 192 additional square feet—the rent differential is entirely a footprint effect, not a rate premium. Against 133 Erskine Avenue, the subject commands a $0.51 per square foot (18.1%) premium while providing 133 fewer square feet, so the higher per-foot rate is offset by a more compact suite. The Corner on Broadway presents the widest gap: the subject trades at a $1.36 per square foot (29.1%) discount and offers 71 more square feet, yet still realizes $642 less per month, reflecting both the rate discount and the 1965 construction era versus a 2024 delivery.

171 Erskine provides a lean three-item amenity package—Concierge & Security, Shared Laundry Room, and Package Service—against a peer set that collectively offers pools, gyms, rooftop terraces, and business centres. The building's Package Service is the one feature absent from all four named competitors, while its Shared Laundry Room overlaps only with 133 Erskine Avenue; every other competitor in the set includes a Gym & Fitness Centre, Party & Lounge Room, and Rooftop Terrace that 171 Erskine does not. Untitled Toronto's indoor and outdoor pools, hot tub, sauna, and yoga studio represent a full-resort lifestyle tier that the 1965 building simply does not replicate. The Corner on Broadway and The Residences of 900 Mount Pleasant both layer in meeting rooms, media theatres, and dining spaces that cater to remote-work and social-entertainment use. This package targets cost-conscious professionals and small households who prioritize a wider suite, lower per-foot rent, and basic concierge convenience over recreational infrastructure, effectively trading lifestyle amenities for interior space and monthly savings.