Hillsborough Court I — Rental Market Data

At Hillsborough Court I, there are 5 active listings as of August 31, 2026, featuring a price range spanning from $1,000 to $2,750 per month, an average rent of $2,150 per month, and a median asking rent of $2,400 per month. The active inventory averages 940 square feet with an asking rate of $2.70 per square foot. Two-bedroom configurations dominate the active inventory with a 60% share, indicating that current availability skews toward multi-bedroom layouts.

The dominant active layout at Hillsborough Court I is the 2-Bedroom configuration, accounting for 3 listings and a 60% inventory share. Available 2-bedroom suites average $2,533 per month across 850 square feet at $2.98 per square foot. The building also offers a single 1-Bedroom listing priced at $1,000 per month across 1,600 square feet at $0.63 per square foot, alongside a single 1-Bedroom + Den listing asking $2,150 per month across 550 square feet at $3.91 per square foot.

Hillsborough Court I exhibits a minimum entry rent of $1,000 per month and a peak asking rent of $2,750 per month, creating a dollar spread of $1,750 or 175%. The median asking rent rests at $2,400 per month. The entry-level suite is represented by a 1-Bedroom unit spanning 1,600 square feet at an asking rate of $0.63 per square foot, while the peak suite is represented by a 2-Bedroom layout spanning 850 square feet at an asking rate of $3.24 per square foot.

Hillsborough Court I features an active den premium of $1,150 paired with a square footage delta of -1,050 square feet. The marginal cost per square foot for the extra den space cannot be reliably calculated due to the inverse sizing relationship in the active sample. Active parking premiums cannot be reliably isolated due to an insufficient sample or anomalous outliers.

Hillsborough Court I asks an average of $2,150 per month at $2.70 per square foot, which compares to submarket benchmarks averaging $2,495 per month at $3.34 per square foot. The lower nominal monthly rent is driven by specific suite configurations in the active pool rather than higher baseline pricing. The building's asking rate per square foot sits 19.2% below submarket asking benchmarks, while the active inventory represents 6.8% of the broader submarket's 74 active listings.

Hillsborough Court I achieves average lease rents that track closely against the overall competitive average of $2,494 per month, anchoring a micro-market featuring established benchmarks like Hillsborough Court II and Residences at the Consilium II. Hillsborough Court II at 8 Lee Centre Dr reports an average lease rent of $2,483 per month at $3.10 per square foot across an average of 826 square feet. Residences at the Consilium I at 88 Corporate Dr records an average lease rent of $2,558 per month at $3.96 per square foot across an average of 758 square feet. Ellipse I at 36 Lee Centre Dr posts an average lease rent of $2,241 per month at $3.30 per square foot across an average of 691 square feet. Finally, Residences at the Consilium II at 68 Corporate Dr commands an average lease rent of $2,693 per month at $2.96 per square foot across an average of 929 square feet.

Hillsborough Court I positions its value proposition around generous floor plans and competitive space efficiency that undercuts the higher per-square-foot costs found in select older neighbourhood alternatives. Renters evaluate trade-offs between the building's practical layout sizes and the more compact 691 square foot footprints at Ellipse I ($3.30 per square foot) or the tighter 758 square foot layouts at Residences at the Consilium I ($3.96 per square foot). While buildings like Residences at the Consilium II offer larger average footprints of 929 square feet at $2.96 per square foot, Hillsborough Court I successfully balances traditional room proportions with moderate nominal rents that appeal to cost-conscious households seeking functional suburban space.

Hillsborough Court I delivers an extensive recreational package that competes strongly with the top-tier amenity setups found throughout the Lee Centre and Corporate Drive micro-market. Residents enjoy signature features including an indoor pool, a fully equipped gym and fitness centre, a relaxing sauna and steam room, a dedicated squash and racquetball court, and an outdoor children's playground. When compared against nearby peers, Hillsborough Court I matches the extensive recreational offerings of Hillsborough Court II and Residences at the Consilium II—both of which also feature indoor pools, squash courts, and party rooms—while significantly out-amenitizing denser high-rises like Ellipse I. This robust facility lineup particularly serves families and active professionals seeking comprehensive on-site wellness and recreation without leaving the property.