The Manor at Bamburgh Gate — Rental Market Data

The Manor at Bamburgh Gate realized an average lease rent of $2,560 per month over the trailing period, sitting $115 below the four-comp benchmark of $2,675 and below three of the four active nearby competitors. Villa Elegance at Bamburgh (3088 Kennedy Rd, 0.14 km, one closed lease) averaged $2,400 per month at $2.53 per square foot across 950 square feet, meaning the subject commands a $160 higher monthly rent than that closest peer. Skypark (255 Bamburgh Circ, 1.54 km, one closed lease) averaged $2,950 per month at $1.97 per square foot across 1,500 square feet, placing the subject $390 lower in nominal rent. The Trillium (225 Bamburgh Circ, 1.58 km, one closed lease) averaged $2,650 per month at $2.41 per square foot across 1,100 square feet, with the subject trading $90 lower. Vista of Skypark (275 Bamburgh Circ, 1.63 km, two closed leases) averaged $2,700 per month at $2.45 per square foot across 1,100 square feet, leaving the subject $140 below that benchmark. All four competitors recorded at least one closed lease transaction in the trailing 180 days, so each provides a realized pricing reference rather than a speculative listing figure.

The Manor at Bamburgh Gate leases at $2.86 per square foot across an average 910-square-foot suite, a rate-per-square-foot premium over all four active competitors while delivering the smallest interior footprint in the immediate peer set. Against Villa Elegance at Bamburgh, the subject trades at a $0.33 per square foot (13.0 percent) premium yet provides 40 fewer interior square feet, so the $160 higher monthly rent reflects both a tighter suite and a steeper per-square-foot charge. Versus Skypark, the subject commands a $0.89 per square foot (45.2 percent) premium while providing 590 fewer interior square feet; the $390 lower nominal rent is driven entirely by the dramatically larger 1,500-square-foot Skypark suite rather than any discount in asset valuation. The Trillium and Vista of Skypark each present a similar pattern: the subject carries an $0.45 and $0.41 per square foot premium respectively, provides 190 fewer square feet in both cases, and lands $90 and $140 below their nominal rents. In every active comparison, the lower monthly rent at The Manor is a function of reduced interior area, not a weaker per-square-foot rate, making the building a space-efficient option for renters who prioritize a compact, well-appointed layout over maximum square footage.

The Manor at Bamburgh Gate offers a seven-item lifestyle package—Concierge & Security, Gym & Fitness Centre, Indoor Pool, Sauna & Steam Room, Games & Billiards Room, Party & Lounge Room, and a Rooftop Terrace—that differentiates it from the broader Bamburgh Circle amenity sets while sharing core wellness infrastructure with its peers. The Rooftop Terrace is the single amenity absent from all four competitors, giving The Manor an open-air social space that none of the nearby towers replicate. The subject also pairs its Indoor Pool and Sauna & Steam Room without the Outdoor Pool, Hot Tub & Jacuzzi, Tennis & Pickleball Court, or Squash & Racquetball Court found at Skypark, The Trillium, and Vista of Skypark, and it lacks the Meeting Room, Car Wash Bay, and 24-hour On-site Medical Care that Villa Elegance provides. In exchange, The Manor's compact 910-square-foot suites and $2.86 per square foot rate appeal to cost-conscious professionals and young couples who value a curated indoor wellness core—pool, sauna, gym, and rooftop lounge—over the sprawling outdoor recreation and racquet-sport programming of the 1984-to-1987-era towers, positioning the building squarely for renters who want a low-maintenance, amenity-focused lifestyle without the overhead of a large-format resort-style complex.