Junction Point — Rental Market Data

Junction Point at 2625 Dundas Street West currently lists six active units as of August 31, 2026, with asking rents ranging from $1,900 to $5,550 per month, an average of $3,546 and a median of $3,500. The average active suite measures 842 square feet at an asking rate of $4.24 per square foot. Two-bedroom layouts account for 50 percent of active inventory, indicating the current availability leans toward mid-size family suites rather than compact entry-level one-bedrooms.

The dominant active layout at Junction Point is the two-bedroom, with three units representing 50 percent of available inventory at an average asking rent of $3,867 per month across 933 square feet and $4.13 per square foot. One-bedroom suites number two (33.3 percent share) averaging $2,063 per month over 475 square feet at $4.40 per square foot, while a single three-bedroom-plus unit (16.7 percent) asks $5,550 per month for 1,300 square feet at $4.27 per square foot.

Junction Point's active asking rents span from $1,900 to $5,550 per month, a dollar spread of $3,650 and a percentage spread of 192.1 percent. The median asking rent sits at $3,500 per month. At the entry end, a one-bedroom suite of 400 square feet asks $1,900 per month at $4.75 per square foot, while the peak listing is a three-bedroom-plus unit of 1,300 square feet asking $5,550 per month at $4.27 per square foot.

Junction Point's active den premium and associated square-footage delta cannot be reliably quantified from the current paired listing sample, so no marginal cost per square foot for additional den space can be stated. Parking stall premiums also cannot be reliably isolated from current active listings due to insufficient paired data, and no verified historical parking benchmark exists in the lease record to cite as a reference point.

Junction Point's active asking rent of $3,546 per month and $4.24 per square foot both exceed the Junction submarket asking benchmarks of $2,872 per month and $3.94 per square foot, placing the building at a 7.6 percent premium on a per-square-foot basis. The higher nominal rent is consistent with the building's larger average suite size of 842 square feet versus the submarket's typical offering, rather than a pricing anomaly. Junction Point's six active listings represent 18.75 percent of the 32 total active units currently available across the Junction submarket.

Junction Point's average closed-lease rent of $2,257 per month sits $185 below the four-comparable average of $2,442, yet it commands a premium on a per-square-foot basis because its suites are materially smaller. Junction House at 2720 Dundas St W leases at $2,465 per month ($3.83 per square foot, 642 sq ft), Duke at 530 Indian Grove at $2,517 per month ($3.89 per square foot, 647 sq ft), Glenlake at 2495 Dundas St W at $2,150 per month ($3.71 per square foot, 583 sq ft), and Heintzman Place at 60 & 61 Heintzman St at $2,635 per month ($3.54 per square foot, 752 sq ft). In dollar terms the subject undercuts every comp except Glenlake, but because its 560-square-foot average is the smallest in the group, the effective per-foot rate of $4.09 exceeds each competitor's figure.

Junction Point leases at $4.09 per square foot over an average 560-square-foot suite, a 11.3% premium over the Junction submarket's leased benchmark of $3.71 per square foot and a clear step above every nearby comparable on a per-foot basis. Against Junction House ($3.83/sq ft, 642 sq ft), Duke ($3.89/sq ft, 647 sq ft), Glenlake ($3.71/sq ft, 583 sq ft), and Heintzman Place ($3.54/sq ft, 752 sq ft), the subject trades 82 to 192 fewer interior square feet for a newer, more amenity-dense product. Renters choosing Junction Point accept a tighter footprint—roughly 13% smaller than Junction House and 26% smaller than Heintzman Place—in exchange for 2025 construction, a dedicated business centre, and a games room that several older competitors do not offer, making the per-foot premium a function of building age and lifestyle programming rather than raw space.

Junction Point's amenity package is the most compact yet functionally dense in the immediate Dundas–Heintzman cluster, pairing a dedicated business centre and games & billiards room with a landscaped garden courtyard in a 2025-built shell. The business centre is absent at Glenlake (2495 Dundas St W), which offers only a party room, meeting room, and gym; the games & billiards room is missing entirely from Junction House (2720 Dundas St W), Duke (530 Indian Grove), and Heintzman Place (60 & 61 Heintzman St); and the garden courtyard is not provided at Junction House, Glenlake, or Heintzman Place. Where Heintzman Place differentiates with a pet wash station, EV charging, car-share program, and indoor kids' play room, Junction Point counters with a rooftop terrace, BBQ area, and concierge service in a building two years newer than its nearest rival. The lifestyle package best serves young professionals and small households who prioritise on-site work flexibility, casual social space, and modern construction over the larger suites and niche wellness amenities found at the older competitors.