Enfield Place I — Rental Market Data

Enfield Place I's average realized lease rent of $2,714 per month sits $61 above the four-comp benchmark of $2,653, with the spread driven primarily by its larger-than-average suite footprint rather than a rate premium. Enfield Place II (265 Enfield Pl, 0.04 km) closed 9 leases at an average of $2,661 per month ($3.09 per square foot, 861 sq ft), meaning the subject commands a $53 higher monthly rent. The Towne I (3605 Kariya Dr, 0.14 km) closed 7 leases at $2,811 per month ($2.97 per square foot, 1,000 sq ft), placing the subject $97 below that benchmark. The Tiara (156 Enfield Pl, 0.15 km) closed 4 leases at $2,775 per month ($2.87 per square foot, 975 sq ft), with the subject trading $61 lower. Wide Suites Condominium (208 Enfield Pl, 0.16 km) closed 10 leases at $2,363 per month ($3.31 per square foot, 720 sq ft), where the subject realizes a $351 higher monthly rent. All four competitors recorded active closed-lease volume, so no zero-transaction reference buildings factor into this comparison.

Enfield Place I leases at $3.12 per square foot across 872 square feet, a rate that commands a premium over three of four nearby active competitors yet trades at a discount to the most expensive per-square-foot option in the pocket. Against Enfield Place II (0.04 km), the subject trades at a $0.03 per square foot (1.0%) premium while providing 11 more interior square feet, a near-identical footprint with a marginally higher rate. Versus The Towne I (0.14 km), the subject commands a $0.15 per square foot (5.1%) premium but provides 128 fewer interior square feet; the $97 lower nominal rent is entirely a function of the smaller footprint, not a weaker asset valuation. The Tiara (0.15 km) shows the same pattern: the subject carries a $0.25 per square foot (8.7%) premium yet delivers 103 fewer square feet, keeping the total monthly rent $61 below The Tiara's realized average. Wide Suites Condominium (0.16 km) inverts the relationship—the subject trades at a $0.19 per square foot (5.7%) discount below that competitor while providing 152 more interior square feet, so the $351 higher nominal rent reflects the larger suite rather than a per-square-foot markup. Across the pocket, Enfield Place I offers a middle-ground trade: more space than the two Enfield-adjacent towers at a rate only marginally above them, and a lower per-square-foot cost than the 2011 condominium despite a substantially larger interior.

Enfield Place I fields a 15-item amenity suite anchored by four racquet-sport courts (tennis/pickleball, squash/racquetball), a basketball court, an indoor pool with hot tub and sauna, a rooftop terrace, and a business centre—a combination that no single competitor in the immediate pocket replicates in full. Wide Suites Condominium (0.16 km) is the only peer that omits all four racquet-sport courts and the basketball court, substituting a spa/massage room, dining kitchen, and children's playground instead; The Towne I (0.14 km) adds a yoga studio and library but lacks the basketball court, business centre, and garden/courtyard found at the subject; The Tiara (0.15 km) shares the basketball court and garden but omits the rooftop terrace and business centre; and Enfield Place II (0.04 km) mirrors most of the subject's fitness and social features while adding a dining kitchen, meeting room, and outdoor children's playground that the subject does not list. The subject's signature differentiators—simultaneous access to tennis, pickleball, squash, racquetball, and basketball alongside a dedicated business centre—target active professionals and sport-oriented households who prioritize on-site athletic variety and remote-work infrastructure over the family-oriented playgrounds and dining facilities that dominate the 2011 and 2003-era competitors.