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Market Data as of August 31, 2026

Theatre Lofts — Rental Market Data

193 King Street E, Hamilton, Ontario L8N 1B3
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom
2
$1,850

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypePurpose-Built Rental
Year CompletedRecent
Total Suites13
DeveloperNot Disclosed

Theatre Lofts at 193 King Street E in Central Hamilton is an established residential building completed in 2025 comprising 13 total suites, with 2 active listings generating a 15.4 percent availability rate. Leasing velocity over the trailing 90 days recorded 1 closed transaction averaging 301 days on the market, while 30-day leasing volume registered zero transactions with an active average of 114 days on the market.

Active asking rent sits at an average of $1,850 per month and $3.19 per square foot across an average of 580 square feet, which compares to a realized 90-day lease average of $1,480 per month and $2.90 per square foot across 510 square feet. Current active inventory features larger square footages than historical leases, while the active asking rate per square foot exceeds the submarket asking benchmark of $2.94 per square foot by 8.5 percent.

Marketing friction remains balanced with a closed 90-day average of 301 days on the market, and 100 percent of recent leases closed exactly at asking price with zero delisted units recorded. Inventory selection is heavily constrained, offering zero units in multi-bedroom configurations and limiting prospective tenants exclusively to a small selection of two available 1-Bedroom suites.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Theatre Lofts as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units2
0
Avg Asking Rent$1,850
$0
Avg Suite Size580 sf
0 sf
Avg Days on Market114d
+31d (37.3%)
Avg Asking $/SF$3.19
$0.00

Active Market Insights & Questions

How has rental availability changed at Theatre Lofts recently?

Theatre Lofts carries 2 active listings as of August 31, 2026, with an asking price range of $1,850 per month, an average rent of $1,850 per month, and a median rent of $1,850 per month. Available suites feature an average size of 580 square feet and an asking rate of $3.19 per square foot. The active inventory consists entirely of 1-Bedroom layouts, representing a 100 percent share that skews the building toward compact, entry-level urban living.

What floor plans and unit layouts are currently available at Theatre Lofts?

Theatre Lofts features 1-Bedroom suites as its dominant active layout, providing 2 listings that account for a 100 percent inventory share. This small selection comprises 1-Bedroom configurations averaging $1,850 per month across 580 square feet at an asking rate of $3.19 per square foot. There are zero units currently available in any other bedroom tier.

What is the average asking rent and $/SF by suite size at Theatre Lofts?

Theatre Lofts displays a compressed active pricing spread with a minimum entry rent of $1,850 per month and a peak asking rent of $1,850 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. The median asking rent stands at $1,850 per month. The entry-level suite is a 1-Bedroom offering 560 square feet at an asking rate of $3.30 per square foot, while the peak suite is a 1-Bedroom providing 600 square feet at an asking rate of $3.08 per square foot.

How much extra do parking spaces and dens cost at Theatre Lofts?

Theatre Lofts currently has no quantifiable den premium data available, as active den square footage deltas and dollar amounts are null. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, meaning stall costs cannot be definitively established from current listings.

How do asking rents at Theatre Lofts compare to local and municipal benchmarks?

Theatre Lofts asks an average rent of $1,850 per month at $3.19 per square foot, which compares to the Central Hamilton submarket asking benchmark of $2,026 per month at $2.94 per square foot. The lower nominal monthly outlay at the building is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot exceeds the submarket asking benchmark by 8.5 percent, supported by an active inventory count of 2 units.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
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Chart Metrics
Max 2 Plotted
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Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27216655552.99132
2026-04-28216655552.99133
2026-04-29216655552.99134
2026-04-30216655552.99135
2026-05-01216655552.99136
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12-Month Market Dynamics & Trend Trajectory

Theatre Lofts at 193 King Street E has recorded a lifetime leasing volume of 1 transaction across its Central Hamilton submarket footprint, averaging $1,480 per month at $2.90 per square foot. Suites average 510 square feet with an overall average days on market of 301 days, reflecting an initial occupancy leasing cycle with sparse tenant turnover. Transaction distribution for the building sits entirely at asking price, resulting in a net negotiation spread of $0 and balanced market leverage. With 0% of deals closing above or below asking, landlords and tenants have met precisely at listed rate parity without recorded pricing friction.

Loading inventory data…

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-06-07114805102.90301

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Theatre Lofts at 193 King Street E competes directly within Central Hamilton's vibrant urban core, surrounded by a diverse set of properties including International Village at 251 King Street E (0.16 km away, completed in 2026 with 1 active listing), Walnut Place at 49 Walnut Street S (0.16 km away, completed in 2021 with 2 closed leases), Gore Park Lofts at 121 King St E (0.18 km away, completed in 2024 with 4 closed leases), and Film Work Lofts at 80 King William St (0.19 km away, completed in 2010 with 0 active listings). This competitive micro-market bridges modern infill developments and historic adaptive reuse projects, reflecting a dynamic blend of structural generations ranging from 2010 builds to brand-new 2026 deliveries. Across the broader competitive benchmark set, properties in this immediate vicinity record an average lease rent of $1,613 per month, an average rate of $2.80 per square foot, and an average suite size of 593 square feet. Theatre Lofts anchors itself firmly within this standard, offering an estimated completion year of 2025 and a residential scale of 13 total suites that positions it competitively against larger nearby developments while delivering modern layout efficiencies relative to older building stock in the submarket.

251 King Street E, Hamilton

Avg Asking$1,300/mo
Avg $/SF$3.13
Rent Spread:
-$550/mo (-29.7%) Lower

49 Walnut Street S, Hamilton

Avg Asking$2,144/mo
Avg $/SF$2.94
Rent Spread:
+$294/mo (+15.9%) Higher

121 King St E, Hamilton

Avg Asking$1,728/mo
Avg $/SF$2.45
Rent Spread:
-$122/mo (-6.6%) Lower

80 King William St, Hamilton

Avg Asking$1,767/mo
Avg $/SF$2.26
Rent Spread:
-$83/mo (-4.5%) Lower

212 King William St, Hamilton

Avg Asking$2,033/mo
Avg $/SF$3.16
Rent Spread:
+$183/mo (+9.9%) Higher

118 King St E, Hamilton

Avg Asking$2,254/mo
Avg $/SF$2.90
Rent Spread:
+$404/mo (+21.8%) Higher

Comparable Analysis & Questions

How do rental rates at Theatre Lofts compare to neighbouring buildings within Central Hamilton?

Theatre Lofts records an all-time average lease rent of $1,480 per month at $2.90 per square foot, trading below the overall comp average lease rent of $1,613 per month across key benchmarks such as International Village and Walnut Place. International Village at 251 King Street E achieved an average lease rent of $1,300 per month at $3.13 per square foot across an average of 416 square feet. Walnut Place at 49 Walnut Street S recorded an average lease rent of $1,775 per month at $2.91 per square foot across an average of 614 square feet. Gore Park Lofts at 121 King St E reported an average lease rent of $1,763 per month at $2.36 per square foot across an average of 750 square feet. Film Work Lofts at 80 King William St had no closed leases within the reporting period.

Does Theatre Lofts offer a competitive price-per-square-foot ($/SF) against local comparables?

Theatre Lofts delivers a compelling value proposition with an average leased rate of $2.90 per square foot across an average of 510 square feet, closely aligning with the overall comp average of $2.80 per square foot while offering distinct pricing advantages against select local alternatives. When evaluated against Gore Park Lofts at 121 King St E, which averages $2.36 per square foot across 750 square feet, Theatre Lofts trades at a higher rate per square foot while providing 240 fewer interior square feet, reflecting its more compact, efficient footprint. Conversely, the building trades at a discount below International Village at 251 King Street E, where units average $3.13 per square foot across 416 square feet, allowing Theatre Lofts to provide 94 more interior square feet than that competitor at a more competitive cost per square foot. Compared to Walnut Place at 49 Walnut Street S, which leases at $2.91 per square foot across 614 square feet, Theatre Lofts trades at a nearly identical rate per square foot while offering 104 fewer interior square feet, enabling renters to secure modern 2025 construction without paying a heavy spatial penalty.

How do building age, amenities, and developer reputation impact rent spreads?

Theatre Lofts offers a robust lifestyle and amenity profile for its residential scale, featuring signature elements such as Concierge & Security, a Gym & Fitness Centre, a Party & Lounge Room, and a Meeting Room. When contrasted with nearby peers, Theatre Lofts matches or exceeds standard offerings found in adaptive reuse and infill properties; for instance, Gore Park Lofts at 121 King St E provides a Shared Laundry Room, a Dining Room & Kitchen, and a Gym & Fitness Centre, while Film Work Lofts at 80 King William St offers a more limited amenity program centered around a Library & Reading Room. Walnut Place at 49 Walnut Street S delivers an extensive amenity package that includes Concierge & Security, a Gym & Fitness Centre, a Yoga Studio, a Media & Theatre Room, a Rooftop Terrace, a Party & Lounge Room, a Games & Billiards Room, a Business Centre, and a Convenience store, whereas International Village at 251 King Street E currently reports no listed building amenities in the dataset. This amenity collection particularly serves urban professionals and downsizers seeking a balanced mix of security, fitness, and shared social spaces without excess maintenance overhead.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Theatre Lofts.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Theatre Lofts.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.