Garrison Point — Rental Market Data

Garrison Point at 30 Ordnance Street has two units actively listed as of August 31, 2026, with asking rents ranging from $2,650 to $3,000 per month, an average of $2,825, and a median of $2,825. Both listings average 650 square feet at a combined asking rate of $4.35 per square foot, and the inventory is split evenly between a one-bedroom and a one-bedroom-plus-den layout, each representing 50 percent of available units. With only two suites on the market and no multi-bedroom options currently listed, active inventory leans toward compact entry-level and flex-layout suites rather than larger executive configurations.

The dominant active layout at Garrison Point is the one-bedroom, with one listing representing 50 percent of available inventory at an average asking rent of $3,000 per month across 650 square feet, or $4.62 per square foot. The one-bedroom-plus-den tier also holds one listing at 50 percent share, priced at $2,650 per month for the same 650-square-foot footprint at $4.08 per square foot. Both tiers reflect single-listing samples, so each data point represents an individual transaction rather than a cohort average.

Garrison Point's two active listings span a $350 spread, from a minimum entry rent of $2,650 to a peak asking rent of $3,000 per month, a 13.2 percent range. The median asking rent sits at $2,825 per month, splitting the difference between the two units. The entry-level suite is a one-bedroom-plus-den at 650 square feet and $4.08 per square foot, while the peak listing is a one-bedroom of identical 650-square-foot size carrying a higher rate of $4.62 per square foot, reflecting a layout premium rather than a size differential.

At Garrison Point, the active den premium is unquantified in a meaningful positive sense; the one-bedroom-plus-den listing actually asks $350 less per month than the standard one-bedroom, and both units share the same 650-square-foot footprint, so no marginal cost per square foot for additional den space can be isolated. Active parking premiums cannot be reliably determined from the current sample, as the paired data is flagged as an anomalous outlier or insufficient sample, and no verified monthly parking figure is available for the two active listings.

Garrison Point's active average asking rent of $2,825 per month sits below the Liberty Village submarket average asking rent of $2,900, while its $4.35 per square foot rate is 2.2 percent under the submarket asking benchmark of $4.45 per square foot. The lower nominal monthly figure at Garrison Point is partly a function of suite size: the active listings average 650 square feet, which is more compact than the historical lease average of 746 square feet, so the per-area rate actually runs slightly above the building's own realized lease benchmark of $4.28 per square foot. Garrison Point's two active listings represent a small slice of the broader market, accounting for 2 out of 70 available listings in the Liberty Village submarket.

Garrison Point's average realized lease rent of $3,173 per month exceeds the four-comparable benchmark of $2,993 by $180, with the spread driven primarily by its larger suite footprints rather than a per-square-foot premium across the board. Playground at Garrison Point (50 Ordnance Street, 0.05 km, 32 closed leases) averaged $2,579 per month at $4.14 per square foot across 631 square feet, meaning Garrison Point commands a $594-per-month higher rent. The Novus (11-25 Ordnance Street, 0.07 km, 9 closed leases) averaged $3,189 per month at $5.01 per square foot across 658 square feet, placing Garrison Point $16 per month lower. SVNTY (70 Ordnance Street, 0.13 km, 6 closed leases) averaged $3,566 per month at $5.43 per square foot across 666 square feet, with Garrison Point trading $393 per month below that mark. Zen (19 Western Battery Road, 0.18 km, 35 closed leases) averaged $2,637 per month at $4.06 per square foot across 855 square feet, where Garrison Point realizes $536 per month more despite offering a smaller interior footprint.

Garrison Point leases at $4.34 per square foot across an average 746-square-foot suite, positioning it below the submarket leased benchmark of $4.29 per square foot and delivering more interior space than three of its four active competitors. Against Playground at Garrison Point, the subject commands a $0.20-per-square-foot (4.8%) premium while providing 115 more interior square feet, so the higher nominal rent reflects both a rate premium and a materially larger footprint. Versus The Novus, Garrison Point trades at a $0.67-per-square-foot (13.4%) discount and offers 88 more interior square feet; the $16-per-month lower nominal rent is a function of the larger suite at a lower per-square-foot rate rather than weaker asset valuation. Against SVNTY, the subject trades at a $1.09-per-square-foot (20.1%) discount with 80 more interior square feet, and the $393-per-month lower rent is driven entirely by the broader footprint priced at a more competitive rate. With Zen, Garrison Point commands a $0.28-per-square-foot (6.9%) premium but provides 109 fewer interior square feet, meaning the higher $536-per-month rent is sustained by the per-square-foot premium despite the smaller suite.

Garrison Point fields a 13-item amenity suite that includes an outdoor pool, hot tub and jacuzzi, sauna and steam room, and an indoor kids' play room—features that collectively set it apart from three of its four immediate competitors. The Novus and SVNTY offer no aquatic or spa facilities whatsoever, relying instead on business centres, pet wash stations, and parcel management systems; Playground at Garrison Point includes an outdoor pool but omits the hot tub, sauna, and dedicated children's space. Zen is the closest amenity rival, matching the hot tub, jacuzzi, and sauna, but substitutes an indoor pool for Garrison Point's outdoor pool and adds a running track and waterside cabanas in place of the kids' play room. The subject's combination of outdoor aquatic recreation, full spa access, and a dedicated indoor children's play area targets families and lifestyle-oriented professionals who prioritize resort-style amenities and family-friendly programming over the business-centre or pet-service focus of The Novus and SVNTY.