The Bond — Rental Market Data

The Bond at 290 Adelaide St W has exactly one active listing as of August 31, 2026, asking $2,050 per month with an average and median rent of $2,050. The available studio spans 400 square feet at a rate of $5.13 per square foot. This single unit represents 100 percent of the building's active inventory and is a compact entry-level studio rather than a multi-bedroom executive layout.

The sole active listing at The Bond is a studio, accounting for 100 percent of available inventory. That one unit asks $2,050 per month across 400 square feet at $5.13 per square foot. No one-bedroom, two-bedroom, or larger layouts are currently listed, making this a single-listing sample with no cross-tier comparison possible.

The Bond's active pricing spread is $0, with both the minimum and maximum asking rent at $2,050 per month, reflecting a 0 percent spread across its single available unit. The entry-level and peak suite are the same 400-square-foot studio priced at $5.13 per square foot. With only one listing on market, there is no internal price gradient for renters to navigate.

Active den premiums at The Bond cannot be quantified, as the single available listing is a studio with no den configuration to compare. Active parking stall costs also cannot be reliably isolated from the current data due to an insufficient paired sample. For reference, verified historical lease data shows a parking premium of $154 per month, but this figure should not be assumed for the current active listing.

The Bond's active asking rent of $2,050 per month sits well below the Entertainment District submarket average asking rent of $3,542 per month, and its $5.13 per square foot rate is 7.2 percent below the submarket asking benchmark of $5.53 per square foot. The lower nominal rent is partly a function of the active studio's 400-square-foot footprint, which is more compact than the submarket's typical listing size, though the per-square-foot comparison confirms the building still offers a competitive rate. The Bond accounts for 1 out of 153 active listings in the Entertainment District, representing roughly 0.7 percent of total submarket inventory.

The Bond's all-time average realized lease rent of $2,486 per month sits $508 below the four-comp benchmark of $2,994, with every nearby competitor recording higher average rents. on Adelaide (295 Adelaide St W, 0.06 km) closed 29 leases at an average of $3,103 per month ($4.82 per square foot, 666 sq ft), placing The Bond $617 lower. Central Condos (38 Widmer St, 0.06 km) completed 44 leases averaging $3,163 per month ($4.58 per square foot, 703 sq ft), a $677 gap above The Bond. Cinema Tower (21 Widmer St, 0.07 km) recorded 27 closed leases at $2,744 per month ($4.34 per square foot, 636 sq ft), keeping The Bond $258 below. Encore at Theatre District (28 Widmer St, 0.07 km) closed 21 leases at $2,964 per month ($4.29 per square foot, 710 sq ft), a $478 differential. All four competitors posted active lease volume, so each provides a realized pricing benchmark rather than a speculative reference.

The Bond leases at $4.75 per square foot across an average 534-square-foot suite, a rate that commands a premium over three of four nearby competitors while the smaller footprint keeps absolute monthly rent below every peer. Against on Adelaide ($4.82/sf, 666 sq ft), The Bond trades at a $0.07 per square foot discount (1.5% lower) and provides 132 fewer interior square feet, making it the one comp where the subject's per-foot rate is actually more competitive. Versus Central Condos ($4.58/sf, 703 sq ft), The Bond commands a $0.17 per square foot premium (3.7% higher) while delivering 169 fewer square feet; the $677 lower nominal rent is driven entirely by the smaller interior footprint rather than a weaker asset valuation. Cinema Tower ($4.34/sf, 636 sq ft) sees The Bond at a $0.41 per square foot premium (9.4% higher) with 102 fewer square feet, and Encore at Theatre District ($4.29/sf, 710 sq ft) carries a $0.46 per square foot premium (10.7% higher) against 176 fewer square feet. In each case the rent gap reflects suite size, not a discount in per-foot pricing power.

The Bond offers an 11-feature lifestyle package anchored by an outdoor pool, golf simulator, and dedicated dining room and kitchen—amenities that distinguish it from two of its four immediate competitors. on Adelaide (295 Adelaide St W) provides an indoor pool and sauna/steam room but lacks the outdoor aquatic facility, golf simulator, and communal dining space found at The Bond; Cinema Tower (21 Widmer St) offers no pool of any kind, no golf simulator, and no dining room, relying instead on a basketball court and car-share program. Central Condos (38 Widmer St) and Encore at Theatre District (28 Widmer St) both match The Bond on outdoor pool and dining room, though neither carries the golf simulator that sets The Bond apart in this pocket. The combined aquatic, recreational, and social-dining package at The Bond best serves young professionals and small households in the Entertainment District who prioritize an active, social lifestyle—swimming, casual dining with friends, and low-commitment fitness—without the higher monthly rent associated with the larger 2024-era suites on Widmer Street.