2189 King E — Rental Market Data

2189 King E features 2 active listings as of August 2026, offering a price range of $1,435 per month with both average and median asking rents resting at $1,435 per month. Active suites average 481 square feet with an asking rate of $2.98 per square foot, and 100% of the active inventory consists of 1-Bedroom layouts. This current inventory strictly leans toward compact entry-level suites rather than multi-bedroom executive layouts.

The dominant active layout at 2189 King E is the 1-Bedroom, representing 2 listings and a 100% inventory share. This 1-Bedroom tier features an average asking rent of $1,435 per month, an average square footage of 481 square feet, and an asking rate of $2.98 per square foot across a small selection of available units.

2189 King E presents a minimum entry rent of $1,435 per month and a peak asking rent of $1,435 per month, creating a dollar spread of $0 and a percentage spread of 0%. Median asking rent sits at $1,435 per month. The entry-level suite consists of a 1-Bedroom layout spanning 481 square feet at an asking rate of $2.98 per square foot, which mirrors the peak suite configuration exactly.

2189 King E has no active den premium data available as den square footage deltas are null. Active parking premium data cannot be reliably isolated due to an insufficient paired sample (anomalous outlier or insufficient paired sample), so parking fees cannot be accurately determined from current listings.

2189 King E asks an average rent of $1,435 per month at $2.98 per square foot, compared to the Central Hamilton submarket asking benchmark of $2,026 per month at $2.94 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, as the building's asking rate per square foot tracks 1.4% higher than the submarket average while representing 2 active units out of 197 submarket listings.

Leasing metrics at 2189 King Street E show an average lease rate that positions the property below the overall micro-market average of $2,194 per month across the primary competitor set. Individual competitor benchmarks reflect a broad spectrum of realized pricing across the neighborhood. Specifically, 2205 King Street E (located at 2205 King Street E) achieved an average lease rent of $2,333 per month at $1.88 per square foot across an average of 1,308 square feet. Meanwhile, 773 Lawrence Road (located at 773 Lawrence Road) recorded an average lease rent of $2,250 per month at $2.10 per square foot across 1,070 square feet, and 700 Lawrence (located at 700 Lawrence Road) achieved an average lease rent of $2,000 per month at $4.00 per square foot across a compact 500 square feet. Note that 2373 King East (located at 2373 King St E) reports no closed leases in the past 180 days.

The value proposition of 2189 King Street E centers on compact, highly efficient 1-bedroom layouts averaging 516 square feet that trade at an all-time average of $3.44 per square foot, balancing modern construction standards against nearby legacy alternatives. Renters evaluating the micro-market weigh distinct trade-offs between modern building efficiencies and older, more spacious footprints. For instance, 2205 King Street E provides substantially larger 1,308-square-foot units at a lower rate of $1.88 per square foot, appealing to tenants prioritizing raw interior volume over layout compactness. Conversely, compact older options like 700 Lawrence offer 500-square-foot units at $4.00 per square foot, demonstrating that 2189 King Street E delivers competitive modern positioning relative to historical stock while maintaining a manageable footprint compared to sprawling low-density alternatives.

Residents at 2189 King Street E enjoy a functional lifestyle profile anchored by shared laundry facilities, aligning closely with standard offerings in surrounding developments. When contrasted with specific nearby competitors, the building shares a similar baseline of essential conveniences: 2205 King Street E and 700 Lawrence likewise feature shared laundry rooms, while 2373 King East provides concierge and security alongside shared laundry, and 773 Lawrence Road features an unlisted amenity profile. This amenity suite best serves single professionals and value-conscious renters seeking maintenance-free, modern living spaces without paying premiums for extensive recreational complexes.