2373 King East — Rental Market Data

2373 King East features 2 active listings as of August 31, 2026, with a price range of $1,700 to $1,700 per month, an average rent of $1,700 per month, and a median rent of $1,700 per month. Active suites average 541 square feet with an asking rate of $3.15 per square foot. The dominant 1-Bedroom layout accounts for 100 percent of active inventory. Current listings lean entirely toward compact, entry-level suites rather than multi-bedroom executive layouts.

The dominant active layout at 2373 King East is the 1-Bedroom, represented by 2 active listings capturing a 100 percent inventory share. For this tier, the 2 available suites average $1,700 per month across an average size of 541 square feet at an asking rate of $3.15 per square foot. Zero other layout categories currently offer active availability.

2373 King East maintains a minimum entry rent of $1,700 per month and a peak asking rent of $1,700 per month, resulting in a dollar spread of $0 per month and a percentage spread of 0 percent. The median asking rent sits at $1,700 per month. The entry-level 1-Bedroom suite spans 531 square feet with an asking rate of $3.20 per square foot, while the peak 1-Bedroom configuration spans 550 square feet at an asking rate of $3.09 per square foot.

2373 King East has no active den premium data available, as den square footage deltas and marginal costs are null. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, meaning parking stall costs remain inconclusive.

2373 King East asks an average of $1,700 per month at $3.15 per square foot, compared to the Central Hamilton submarket asking averages of $2,026 per month and $2.94 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing, resulting in an asking rate per square foot that sits 7.1 percent above the submarket average. The building accounts for 1.0 percent of the 197 total active listings across the submarket.

Comparing 2373 King East against the broader competitive set reveals how its active pricing aligns with surrounding benchmarks across Central Hamilton, including peers like 2205 King Street E, 2189 King E, and 11 Woodman Condos. Specifically, 2205 King Street E records an average lease rent of $2,333 per month at $1.88 per square foot across an average suite size of 1,308 square feet. Meanwhile, 2189 King E achieves an average lease rent of $1,788 per month at $3.44 per square foot across a more compact 516 square feet. Additionally, 11 Woodman Condos reports an average lease rent of $1,800 per month at $2.40 per square foot across an average area of 750 square feet. 249 Montmorency Drive is located 0.89 kilometers away and was completed in 2025, though closed lease metrics are not currently available for it.

The value proposition of 2373 King East centers on its balanced pricing structure, averaging an active asking rate of $3.15 per square foot across an average footprint of 541 square feet, which compares effectively against the micro-market average of $2.57 per square foot. Renters evaluating this building face distinct trade-offs between modern spatial efficiency and larger, older footprints found elsewhere in the submarket. For instance, tenants seeking maximum square footage can opt for 2205 King Street E at $1.88 per square foot for spacious 1,308-square-foot layouts, whereas those prioritizing compact, highly efficient footprints look to 2189 King E at $3.44 per square foot for 516-square-foot units. 2373 King East strikes a middle ground, offering functional 1-bedroom layouts that command competitive rental figures without scaling up to the higher absolute utility and space burdens of mid-century or luxury alternatives.

The lifestyle and amenity profile of 2373 King East provides essential residential conveniences tailored to mid-market renters in Central Hamilton, featuring Concierge & Security and a Shared Laundry Room. When contrasted with surrounding inventory, the building delivers robust everyday security and management support that compares favorably against properties like 2205 King Street E, 2189 King E, and 11 Woodman Condos, which similarly feature a Shared Laundry Room but lack on-site concierge services. Furthermore, 249 Montmorency Drive operates as a 2025-completed alternative 0.89 kilometers away with active development status. These curated offerings make 2373 King East an ideal fit for value-conscious professionals and downsizers seeking foundational building security and low-maintenance urban living.