Grid Condos — Rental Market Data

Grid Condos features 6 active listings as of August 31, 2026, spanning an asking price range of $2,050 to $2,750 per month with an average rent of $2,433 per month and a median rent of $2,475 per month. Active suites average 550 square feet with an asking rate of $4.54 per square foot. Two-bedroom configurations dominate active inventory with a 50% share, reflecting a market offering that leans toward multi-bedroom layouts alongside compact entry-level suites.

The dominant active layout at Grid Condos is the 2-Bedroom tier, accounting for 3 active listings and a 50% inventory share. Two-bedroom suites average $2,683 per month with a median of $2,650 per month across an average of 650 square feet at an asking rate of $4.13 per square foot. The 1-Bedroom tier provides 2 active listings representing a 33.3% share, averaging $2,175 per month across 400 square feet at $5.44 per square foot, while the 1-Bedroom + Den tier contributes 1 active listing representing a 16.7% share at $2,200 per month across 550 square feet at $4.00 per square foot.

Grid Condos exhibits a minimum entry rent of $2,050 per month and a peak asking rent of $2,750 per month, creating a dollar spread of $700 and a percentage spread of 34.1%. The median asking rent sits at $2,475 per month. The entry-level option consists of a 1-Bedroom suite spanning 400 square feet priced at $5.13 per square foot, whereas the peak tier is anchored by a 2-Bedroom suite offering 650 square feet at an asking rate of $4.23 per square foot.

Grid Condos features an active den premium of $25 per month for an additional 150 square feet of interior space, equating to a marginal cost of $0.17 per square foot for the extra den area. Parking stall availability comes with a verified active parking premium of $100 per month.

Grid Condos asks an average of $2,433 per month at $4.54 per square foot, compared to the Downtown East submarket asking benchmark of $2,636 per month at $4.36 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, as evidenced by the building's active rate per square foot sitting 4.1% above the submarket asking benchmark across its 6 active listings representing 3.1% of submarket inventory.

Grid Condos achieves an average lease rent of $2,284 per month, trading competitively against the overall comparable average of $2,361 per month across major nearby buildings like Dundas Square Gardens, Pace, Max Condos, and in.DE. Dundas Square Gardens (251 Jarvis St) reports an average lease rent of $2,166 per month at $4.28 per square foot across 511 square feet. Pace (159 Dundas St E) commands an average lease rent of $2,544 per month at $3.93 per square foot across 649 square feet. Max Condos (77 Mutual St) averages $2,403 per month at $4.33 per square foot across 567 square feet. Finally, in.DE (219 Dundas St E) records an average lease rent of $2,331 per month at $4.05 per square foot across 583 square feet.

Grid Condos positions itself as a value-forward option in Downtown East, offering an average lease rate of $4.12 per square foot across 562 square feet that undercuts several immediate peers on a relative space basis. Renters at Grid Condos frequently weigh trade-offs between modern layouts and capital costs, securing competitive pricing compared to Max Condos at $4.33 per square foot across 567 square feet and Dundas Square Gardens at $4.28 per square foot across 511 square feet. While Pace offers larger 649 square foot floor plans at a lower $3.93 per square foot, Grid Condos provides superior layout efficiency and a newer 2018 construction age compared to the 2016 completion, balancing lower utility burdens with functional square footage.

Grid Condos delivers an extensive lifestyle package that rivals or exceeds neighboring towers, featuring a dedicated gym and fitness centre, a yoga studio, a spin studio, a pet wash station, and a rooftop terrace. When contrasted with Dundas Square Gardens, which offers an outdoor pool and hot tub, Grid Condos counters with specialized wellness infrastructure like its dedicated spin studio and pet wash station. Compared to Pace, which includes a sauna, steam room, and games room, Grid Condos emphasizes collaborative work and active living through its business centre, meeting room, and learning centre. Against Max Condos and in.DE, Grid Condos matches standard party rooms and media lounges while adding unique educational and fitness amenities. This amenity profile particularly serves young urban professionals, tech workers, and pet owners seeking robust fitness and work-from-home facilities in the core.